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06-21

It's 8/8 because the robotaxi release is going to be in china. 8 is a lucky number for the Chinese

Tesla: Robotaxi Hype Might Not Turn It Around

06-19

These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂

Tesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says

05-27

If you want to vote for elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote

Tesla Shareholders Advised to Vote Against Musk's Pay Package

04-03

This sounds like "Man who predicted a car crash 20 years ago says that you will live until you die". Mr obvious

Wall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed

03-27

Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!

Sorry, the original content has been removed

03-23

"Republicans have been loath", "Hardliners" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar

US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms

Go to Tiger App to see more news

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Is the decline over?","content":"<html><head></head><body><ul style=\"\"><li><p>I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.</p></li><li><p>Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?</p></li><li><p>Shareholders reapproved CEO Elon Musk&#39;s 2018 compensation package, but legal challenges remain.</p></li><li><p>Investors should be cautious about Tesla&#39;s hype surrounding Robotaxi Day, given Tesla&#39;s growth premium.</p></li><li><p>I argue why cracks are building up underneath the surface, suggesting Tesla investors must brace for more pain.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dfc6799709ce69e11f22e921a343a8a6\" tg-width=\"594\" tg-height=\"396\"/></p><p>Apu Gomes/Getty Images News</p><p></p><h2 id=\"id_4148329521\">My Tesla Stock Caution Panned Out</h2><p>I cautioned <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) investors about adding ahead of TSLA&#39;s Q1 earnings release, as it seemed increasingly likely to re-test its $150 support zone. My caution on TSLA panned out, as it fell toward the $140 zone before bottoming. However, Tesla buyers appeared to have shaken off its relatively weak Q1 performance. In addition, CEO Elon Musk won a crucial confidence vote as shareholders voted overwhelmingly in favor of reapproving Musk&#39;s 2018 compensation package. As a result, I assess that the opportunity for me to provide an update for TSLA investors is timely.</p><p>Tesla investors should note that TSLA stock is still down more than 30% over the past year, significantly underperforming the S&amp;P 500 (SP500, SPX, SPY). Therefore, the market has continued to take out new all-time highs, while TSLA buyers haven&#39;t returned aggressively to lift TSLA&#39;s expensive valuation multiples.</p><h2 id=\"id_4060217630\">Elon Musk&#39;s Pay Is Approved, But Challenges Not Over</h2><p>Moreover, investors must note that the recent shareholder approval hasn&#39;t reinstated the judge&#39;s decision to invalidate Musk&#39;s 2018 pay package. As a result, investors must continue monitoring the legal developments as Tesla looks to potentially appeal the court&#39;s decision. Despite that, it should assure investors that Musk&#39;s focus should remain on Tesla. Musk emphasized that he &#34;can&#39;t cut and run, nor would [he] want to,&#34; as Musk is required to &#34;hold on to his stock options for five years.&#34;</p><p>It&#39;s arguable that TSLA&#39;s long-term valuation is predicated on Elon Musk&#39;s ability to build on Tesla&#39;s breathtaking success. However, the EV market has become increasingly crowded as automakers vie for market share while navigating challenging macroeconomic conditions. Even Tesla wasn&#39;t spared, as the leading EV maker reported negative free cash flow in Q1.</p><p>I believe Tesla investors understand that the market is placing a huge emphasis on Musk to deliver Tesla&#39;s autonomous driving ambitions. Based on Ark Invest&#39;s 2029 base case target price of $2,600 on Tesla, &#34;nearly 90% of Tesla&#39;s enterprise value and earnings by 2029 are expected to come from the robotaxi business.&#34; Musk has also attempted to hype Tesla&#39;s growth opportunities in Robotaxi and Optimus robots as Tesla&#39;s EV growth slowed. As a result, investors are likely still assessing whether Musk could lift TSLA&#39;s re-rating potential at its upcoming Robotaxi Day on August 8.</p><p>Wedbush&#39;s Dan Ives underscores the pivotal event as a &#34;key historical moment&#34; for Elon Musk and his team. However, investors are urged not to throw caution to the wind, as Tesla hasn&#39;t looked closer to solving TSLA&#39;s vision-only FSD autonomous driving technology. As a reminder, Tesla believes that its vision-only approach is superior and provides &#34;the lowest cost and most scalable way forward.&#34;</p><h2 id=\"id_133438469\">Tesla Investors Are Banking On Robotaxi Hype</h2><p>Notwithstanding Tesla&#39;s optimism, a recent March ranking by The Insurance Institute for Highway Safety rates Tesla&#39;s ADAS system poorly. Only Lexus of Toyota Motor Corporation (TM) ADAS was given an &#34;acceptable&#34; grade, while General Motors Company (GM) and Nissan Motor Co., Ltd. (OTCPK:NSANY) received &#34;marginal&#34; grades for their systems. 11 others (including Tesla) received &#34;poor&#34; ratings. Therefore, the study highlights the inadequacy of the current platforms in solving the complexities of real-world autonomous driving. IIHS didn&#39;t mince its words as the independent group articulated: &#34;These results are worrying, considering how quickly vehicles with these partial automation systems are hitting our roadways.&#34;</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b43fb181046cdbaf34eb1498acd2e53e\" tg-width=\"640\" tg-height=\"428\"/></p><p>Ark Invest Vs. Wall Street price target for TSLA (Barron&#39;s )</p><p></p><p>Consequently, I urge investors to be cautious about buying into the hype that Musk and Ark are trying to drum up as we draw closer to Tesla&#39;s Robotaxi Day. Musk is smart enough to know that TSLA needs investors to stay on board with him as Tesla navigates immense challenges to solve and achieve Ark&#39;s 2029 base case thesis on TSLA. However, investors should note the increasing bifurcation in TSLA price targets between Ark Invest and Wall Street. Investors must also assess Tesla&#39;s ability to achieve growth inflection from 2025 as it&#39;s pivotal to recover TSLA&#39;s bullish momentum.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8aabc2a4661121c9963159cf8f95d2f6\" tg-width=\"640\" tg-height=\"384\"/></p><p>Tesla margins estimates % (TIKR)</p><p></p><p>As seen above, Tesla&#39;s profitability margins are expected to bottom in 2024. Therefore, Wall Street has likely priced in a more robust recovery from 2025. Despite that, Tesla&#39;s estimates have been downgraded, underscoring the challenges bedeviling Tesla and its EV peers. Given the outperformance of GM stock over TSLA in 2024, the market has likely reallocated to the legacy OEMs, given their more well-diversified lineup across ICE, hybrid, and pure-play EVs.</p><p>BloombergNEF downgraded its EV growth estimates through 2026, suggesting the challenges are expected to persist. Coupled with the uncertainties surrounding Tesla&#39;s $25K EV program, I assess that a substantial valuation re-rating thesis in TSLA stock could be too aggressive.</p><p>TSLA is valued at a forward adjusted PEG ratio of 6.6, well above its sector median of 1.51. Therefore, Tesla investors must be willing to bet on Elon Musk&#39;s ability to realize its autonomous driving and Robotaxi ambitions. However, even Berkshire Hathaway Inc.&#39;s (BRK.A, BRK.B) Ajit Jain thinks Tesla investors could be too optimistic. He highlighted that &#34;Tesla has yet to be successful with this automation effort.&#34; However, have dip-buyers been willing to buy TSLA&#39;s steep pullbacks, paving the way for momentum buyers to return more confidently?</p><h2 id=\"id_3575625280\">Is TSLA Stock A Buy, Sell, Or Hold?</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0467ce1c6a6e6c24e8c43c8cf11d906f\" tg-width=\"640\" tg-height=\"394\"/></p><p>TSLA price chart (weekly, medium-term) (TradingView)</p><p></p><p>TSLA&#39;s price chart is showing mixed signals. A closer inspection suggests a downtrend signal seems to be building up. However, TSLA dip-buyers held its recent bottom above the pivotal $150 zone, making a higher low against January 2023&#39;s lows.</p><p>However, I must highlight that TSLA has already slid into a downtrend, indicating increasingly bearish momentum. Short sellers looking to turn bearish on TSLA are reminded to be wary, as Musk could drive more investor hype heading into its upcoming Robotaxi Day.</p><p>Bullish Tesla, Inc. investors must be cautious about expecting a significant valuation re-rating from the current levels, given the persistent headwinds faced by the EV industry. Therefore, I find it increasingly challenging to expect TSLA to outperform within the next 12 to 18 months.</p><p><em>Rating: Maintain Hold.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Robotaxi Hype Might Not Turn It Around</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Robotaxi Hype Might Not Turn It Around\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-20 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?Shareholders...</p>\n\n<a href=\"https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","LU0823414478.USD":"法巴经典能源转换基金","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BK4555":"新能源车","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4566":"资本集团","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4588":"碎股","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4099":"汽车制造商"},"source_url":"https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2444840591","content_text":"I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?Shareholders reapproved CEO Elon Musk's 2018 compensation package, but legal challenges remain.Investors should be cautious about Tesla's hype surrounding Robotaxi Day, given Tesla's growth premium.I argue why cracks are building up underneath the surface, suggesting Tesla investors must brace for more pain.Apu Gomes/Getty Images NewsMy Tesla Stock Caution Panned OutI cautioned Tesla, Inc. (NASDAQ:TSLA) investors about adding ahead of TSLA's Q1 earnings release, as it seemed increasingly likely to re-test its $150 support zone. My caution on TSLA panned out, as it fell toward the $140 zone before bottoming. However, Tesla buyers appeared to have shaken off its relatively weak Q1 performance. In addition, CEO Elon Musk won a crucial confidence vote as shareholders voted overwhelmingly in favor of reapproving Musk's 2018 compensation package. As a result, I assess that the opportunity for me to provide an update for TSLA investors is timely.Tesla investors should note that TSLA stock is still down more than 30% over the past year, significantly underperforming the S&P 500 (SP500, SPX, SPY). Therefore, the market has continued to take out new all-time highs, while TSLA buyers haven't returned aggressively to lift TSLA's expensive valuation multiples.Elon Musk's Pay Is Approved, But Challenges Not OverMoreover, investors must note that the recent shareholder approval hasn't reinstated the judge's decision to invalidate Musk's 2018 pay package. As a result, investors must continue monitoring the legal developments as Tesla looks to potentially appeal the court's decision. Despite that, it should assure investors that Musk's focus should remain on Tesla. Musk emphasized that he \"can't cut and run, nor would [he] want to,\" as Musk is required to \"hold on to his stock options for five years.\"It's arguable that TSLA's long-term valuation is predicated on Elon Musk's ability to build on Tesla's breathtaking success. However, the EV market has become increasingly crowded as automakers vie for market share while navigating challenging macroeconomic conditions. Even Tesla wasn't spared, as the leading EV maker reported negative free cash flow in Q1.I believe Tesla investors understand that the market is placing a huge emphasis on Musk to deliver Tesla's autonomous driving ambitions. Based on Ark Invest's 2029 base case target price of $2,600 on Tesla, \"nearly 90% of Tesla's enterprise value and earnings by 2029 are expected to come from the robotaxi business.\" Musk has also attempted to hype Tesla's growth opportunities in Robotaxi and Optimus robots as Tesla's EV growth slowed. As a result, investors are likely still assessing whether Musk could lift TSLA's re-rating potential at its upcoming Robotaxi Day on August 8.Wedbush's Dan Ives underscores the pivotal event as a \"key historical moment\" for Elon Musk and his team. However, investors are urged not to throw caution to the wind, as Tesla hasn't looked closer to solving TSLA's vision-only FSD autonomous driving technology. As a reminder, Tesla believes that its vision-only approach is superior and provides \"the lowest cost and most scalable way forward.\"Tesla Investors Are Banking On Robotaxi HypeNotwithstanding Tesla's optimism, a recent March ranking by The Insurance Institute for Highway Safety rates Tesla's ADAS system poorly. Only Lexus of Toyota Motor Corporation (TM) ADAS was given an \"acceptable\" grade, while General Motors Company (GM) and Nissan Motor Co., Ltd. (OTCPK:NSANY) received \"marginal\" grades for their systems. 11 others (including Tesla) received \"poor\" ratings. Therefore, the study highlights the inadequacy of the current platforms in solving the complexities of real-world autonomous driving. IIHS didn't mince its words as the independent group articulated: \"These results are worrying, considering how quickly vehicles with these partial automation systems are hitting our roadways.\"Ark Invest Vs. Wall Street price target for TSLA (Barron's )Consequently, I urge investors to be cautious about buying into the hype that Musk and Ark are trying to drum up as we draw closer to Tesla's Robotaxi Day. Musk is smart enough to know that TSLA needs investors to stay on board with him as Tesla navigates immense challenges to solve and achieve Ark's 2029 base case thesis on TSLA. However, investors should note the increasing bifurcation in TSLA price targets between Ark Invest and Wall Street. Investors must also assess Tesla's ability to achieve growth inflection from 2025 as it's pivotal to recover TSLA's bullish momentum.Tesla margins estimates % (TIKR)As seen above, Tesla's profitability margins are expected to bottom in 2024. Therefore, Wall Street has likely priced in a more robust recovery from 2025. Despite that, Tesla's estimates have been downgraded, underscoring the challenges bedeviling Tesla and its EV peers. Given the outperformance of GM stock over TSLA in 2024, the market has likely reallocated to the legacy OEMs, given their more well-diversified lineup across ICE, hybrid, and pure-play EVs.BloombergNEF downgraded its EV growth estimates through 2026, suggesting the challenges are expected to persist. Coupled with the uncertainties surrounding Tesla's $25K EV program, I assess that a substantial valuation re-rating thesis in TSLA stock could be too aggressive.TSLA is valued at a forward adjusted PEG ratio of 6.6, well above its sector median of 1.51. Therefore, Tesla investors must be willing to bet on Elon Musk's ability to realize its autonomous driving and Robotaxi ambitions. However, even Berkshire Hathaway Inc.'s (BRK.A, BRK.B) Ajit Jain thinks Tesla investors could be too optimistic. He highlighted that \"Tesla has yet to be successful with this automation effort.\" However, have dip-buyers been willing to buy TSLA's steep pullbacks, paving the way for momentum buyers to return more confidently?Is TSLA Stock A Buy, Sell, Or Hold?TSLA price chart (weekly, medium-term) (TradingView)TSLA's price chart is showing mixed signals. A closer inspection suggests a downtrend signal seems to be building up. However, TSLA dip-buyers held its recent bottom above the pivotal $150 zone, making a higher low against January 2023's lows.However, I must highlight that TSLA has already slid into a downtrend, indicating increasingly bearish momentum. Short sellers looking to turn bearish on TSLA are reminded to be wary, as Musk could drive more investor hype heading into its upcoming Robotaxi Day.Bullish Tesla, Inc. investors must be cautious about expecting a significant valuation re-rating from the current levels, given the persistent headwinds faced by the EV industry. Therefore, I find it increasingly challenging to expect TSLA to outperform within the next 12 to 18 months.Rating: Maintain Hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":318515270586424,"gmtCreate":1718780468387,"gmtModify":1718780475570,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","listText":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","text":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/318515270586424","repostId":"1147177605","repostType":2,"repost":{"id":"1147177605","pubTimestamp":1718718859,"share":"https://www.laohu8.com/m/news/1147177605?lang=&edition=full","pubTime":"2024-06-18 21:54","market":"us","language":"en","title":"Tesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1147177605","media":"Markets Insider","summary":"Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.\"In my view, Tesla is the biggest stock market bubble in world history,\" The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. \"The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,\" he added, estimating Tesla's earnings could fal","content":"<html><head></head><body><p>Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.</p><p>Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.</p><p>&#34;In my view, Tesla is the biggest stock market bubble in world history,&#34; The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. &#34;The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,&#34; he added, estimating Tesla&#39;s earnings could fall as much as 50% this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584d30651d0398b98dd4e4802fbdb968\" title=\"\" tg-width=\"786\" tg-height=\"625\"/></p><p>Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock&#39;s lofty valuation and predicted a coming correction. The company&#39;s sales were far below expectations last quarter, indicating that the carmaker is struggling with anemic demand and rising competition in the electric vehicle space.</p><p>The company also faces risks from multiple ongoing lawsuits, as well as its big compensation packages for Tesla&#39;s board, Lekander said.</p><p>&#34;I think, given that there is no growth here — 10 times earnings is very generous — my price target is $15 … I think this is hugely dangerous,&#34; he said.</p><p>Lekander&#39;s price target implies a 91% crash from Tesla&#39;s current levels, which he predicted could come as soon as the company reports its second-quarter results.</p><p>Deliveries will likely improve given Tesla&#39;s dismal first-quarter production results, but the carmaker&#39;s profits will be &#34;absolutely terrible,&#34; Lekander said.</p><p>&#34;There is a chance the company will be loss-making,&#34; he said.</p><p>If the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.</p><p>&#34;Once it goes down, it&#39;s going to go down more … I think we are very, very close to the turning point, because so far it&#39;s been a slippery slope,&#34; he said.</p></body></html>","source":"marketsinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-18 21:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147177605","content_text":"Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.\"In my view, Tesla is the biggest stock market bubble in world history,\" The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. \"The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,\" he added, estimating Tesla's earnings could fall as much as 50% this year.Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock's lofty valuation and predicted a coming correction. The company's sales were far below expectations last quarter, indicating that the carmaker is struggling with anemic demand and rising competition in the electric vehicle space.The company also faces risks from multiple ongoing lawsuits, as well as its big compensation packages for Tesla's board, Lekander said.\"I think, given that there is no growth here — 10 times earnings is very generous — my price target is $15 … I think this is hugely dangerous,\" he said.Lekander's price target implies a 91% crash from Tesla's current levels, which he predicted could come as soon as the company reports its second-quarter results.Deliveries will likely improve given Tesla's dismal first-quarter production results, but the carmaker's profits will be \"absolutely terrible,\" Lekander said.\"There is a chance the company will be loss-making,\" he said.If the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.\"Once it goes down, it's going to go down more … I think we are very, very close to the turning point, because so far it's been a slippery slope,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310380222378184,"gmtCreate":1716785883963,"gmtModify":1716791866098,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"If you want to vote for &nbsp;elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","listText":"If you want to vote for &nbsp;elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","text":"If you want to vote for elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310380222378184","repostId":"2438890454","repostType":2,"repost":{"id":"2438890454","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716773107,"share":"https://www.laohu8.com/m/news/2438890454?lang=&edition=full","pubTime":"2024-05-27 09:25","market":"hk","language":"en","title":"Tesla Shareholders Advised to Vote Against Musk's Pay Package","url":"https://stock-news.laohu8.com/highlight/detail?id=2438890454","media":"Dow Jones","summary":"Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk's multibillion-dollar pay package at the company's meeting next month.In a 71-page report, Glass Lewis told sha","content":"<html><head></head><body><p>Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk&#39;s multibillion-dollar pay package at the company&#39;s meeting next month.</p><p>In a 71-page report, Glass Lewis told shareholders that Musk&#39;s proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder &#34;by a healthy margin.&#34;</p><p>Shareholders will vote at the June 13 meeting on Musk&#39;s pay package and other proposals, including moving the company&#39;s incorporation to Texas, which Glass Lewis also advised against. Proxy advisers&#39; recommendations can influence shareholder votes, as institutional shareholders look to them for advice.</p><p>Musk&#39;s compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk&#39;s &#34;extensive ties&#34; with board members and agreed to rescind the package, once valued as much as $55.8 billion.</p><p>Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.</p><p>Since 2018, Tesla&#39;s market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.</p><p>Musk doesn&#39;t accept a salary from Tesla, and while he ranks as one of the world&#39;s richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.</p><p>Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.</p><p>&#34;The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,&#34; the analysis said. &#34;The company&#39;s provided rationale does little to combat these concerns given their proportionate magnitude.&#34;</p><p>For the pay package to be approved, a majority of shares voted must support it, excluding Musk&#39;s roughly 13% stake and a much smaller stake owned by his brother.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Shareholders Advised to Vote Against Musk's Pay Package</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shareholders Advised to Vote Against Musk's Pay Package\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-27 09:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk&#39;s multibillion-dollar pay package at the company&#39;s meeting next month.</p><p>In a 71-page report, Glass Lewis told shareholders that Musk&#39;s proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder &#34;by a healthy margin.&#34;</p><p>Shareholders will vote at the June 13 meeting on Musk&#39;s pay package and other proposals, including moving the company&#39;s incorporation to Texas, which Glass Lewis also advised against. Proxy advisers&#39; recommendations can influence shareholder votes, as institutional shareholders look to them for advice.</p><p>Musk&#39;s compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk&#39;s &#34;extensive ties&#34; with board members and agreed to rescind the package, once valued as much as $55.8 billion.</p><p>Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.</p><p>Since 2018, Tesla&#39;s market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.</p><p>Musk doesn&#39;t accept a salary from Tesla, and while he ranks as one of the world&#39;s richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.</p><p>Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.</p><p>&#34;The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,&#34; the analysis said. &#34;The company&#39;s provided rationale does little to combat these concerns given their proportionate magnitude.&#34;</p><p>For the pay package to be approved, a majority of shares voted must support it, excluding Musk&#39;s roughly 13% stake and a much smaller stake owned by his brother.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4592":"伊斯兰概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4527":"明星科技股","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4550":"红杉资本持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4588":"碎股","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4574":"无人驾驶","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4581":"高盛持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438890454","content_text":"Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk's multibillion-dollar pay package at the company's meeting next month.In a 71-page report, Glass Lewis told shareholders that Musk's proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder \"by a healthy margin.\"Shareholders will vote at the June 13 meeting on Musk's pay package and other proposals, including moving the company's incorporation to Texas, which Glass Lewis also advised against. Proxy advisers' recommendations can influence shareholder votes, as institutional shareholders look to them for advice.Musk's compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk's \"extensive ties\" with board members and agreed to rescind the package, once valued as much as $55.8 billion.Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.Since 2018, Tesla's market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.Musk doesn't accept a salary from Tesla, and while he ranks as one of the world's richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.\"The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,\" the analysis said. \"The company's provided rationale does little to combat these concerns given their proportionate magnitude.\"For the pay package to be approved, a majority of shares voted must support it, excluding Musk's roughly 13% stake and a much smaller stake owned by his brother.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291072885858440,"gmtCreate":1712088735426,"gmtModify":1712095060994,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","listText":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","text":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291072885858440","repostId":"2424042555","repostType":2,"repost":{"id":"2424042555","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1712069657,"share":"https://www.laohu8.com/m/news/2424042555?lang=&edition=full","pubTime":"2024-04-02 22:54","market":"nz","language":"en","title":"Wall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2424042555","media":"Dow Jones","summary":"SocGen's Albert Edwards says the artificial-intelligence craze is getting out of hand. The artificial-intelligence craze and a \"loosey goosey\" Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the \"artificial intelligence revolution\" will drive a boom in corporate earnings.In the past, the S&P 500 has closely tracked analysts' optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.As stock-market bulls wait around for AI to drive earnings into the stratosphere, \"those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward","content":"<html><head></head><body><p>The artificial-intelligence craze and a &#34;loosey goosey&#34; Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.</p><p>According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the &#34;artificial intelligence revolution&#34; will drive a boom in corporate earnings.</p><p>But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>. As a result, analysts&#39; earnings revisions have failed to keep up as the S&amp;P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.</p><p>The S&amp;P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.</p><p>So far, AI hype isn&#39;t feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts&#39; earnings revisions that are upgrades has trended lower for both the S&amp;P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20b2bf023bf6f517028d5cec3ae098ef\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"352\"/><span>SOCIETE GENERALE</span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584b8397561c4a522da4d2f5800ca5bd\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"344\"/><span>SOCIETE GENERALE</span></p><p>In the past, the S&amp;P 500 has closely tracked analysts&#39; optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/597a0028992bb61cbf360be7dd5d5b4f\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"339\"/><span>SOCIETE GENERALE</span></p><p>As stock-market bulls wait around for AI to drive earnings into the stratosphere, &#34;those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,&#34; Edwards said.</p><p>Instead of being driven by stronger profits, the true source of the market&#39;s strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.</p><p>The notion that the Fed&#39;s quantitative tightening has led to tighter monetary policy is &#34;a joke,&#34; Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank&#39;s money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed&#39;s reverse-repo facility.</p><p>This has caused the monetary base in the U.S. to expand over the past year, which isn&#39;t exactly consistent with the Fed&#39;s claims to be draining liquidity from the financial system, Edwards said.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0b40562e2851622a5c73db430d8917d\" title=\"\" tg-width=\"700\" tg-height=\"341\"/></p><p>Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed&#39;s interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and &#34;greedflation&#34; have also helped support economic growth, he said.</p><p>Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&amp;P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.</p><p>After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&amp;P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-04-02 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The artificial-intelligence craze and a &#34;loosey goosey&#34; Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.</p><p>According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the &#34;artificial intelligence revolution&#34; will drive a boom in corporate earnings.</p><p>But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>. As a result, analysts&#39; earnings revisions have failed to keep up as the S&amp;P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.</p><p>The S&amp;P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.</p><p>So far, AI hype isn&#39;t feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts&#39; earnings revisions that are upgrades has trended lower for both the S&amp;P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20b2bf023bf6f517028d5cec3ae098ef\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"352\"/><span>SOCIETE GENERALE</span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584b8397561c4a522da4d2f5800ca5bd\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"344\"/><span>SOCIETE GENERALE</span></p><p>In the past, the S&amp;P 500 has closely tracked analysts&#39; optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/597a0028992bb61cbf360be7dd5d5b4f\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"339\"/><span>SOCIETE GENERALE</span></p><p>As stock-market bulls wait around for AI to drive earnings into the stratosphere, &#34;those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,&#34; Edwards said.</p><p>Instead of being driven by stronger profits, the true source of the market&#39;s strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.</p><p>The notion that the Fed&#39;s quantitative tightening has led to tighter monetary policy is &#34;a joke,&#34; Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank&#39;s money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed&#39;s reverse-repo facility.</p><p>This has caused the monetary base in the U.S. to expand over the past year, which isn&#39;t exactly consistent with the Fed&#39;s claims to be draining liquidity from the financial system, Edwards said.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0b40562e2851622a5c73db430d8917d\" title=\"\" tg-width=\"700\" tg-height=\"341\"/></p><p>Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed&#39;s interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and &#34;greedflation&#34; have also helped support economic growth, he said.</p><p>Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&amp;P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.</p><p>After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&amp;P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","SPXU":"三倍做空标普500ETF","BK4587":"ChatGPT概念","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","SPY":"标普500ETF","BK4579":"人工智能","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4141":"半导体产品","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","OEX":"标普100","NVDA":"英伟达","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IVV":"标普500指数ETF","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SDS":"两倍做空标普500ETF","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4529":"IDC概念","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BK4585":"ETF&股票定投概念","OEF":"标普100指数ETF-iShares","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424042555","content_text":"The artificial-intelligence craze and a \"loosey goosey\" Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the \"artificial intelligence revolution\" will drive a boom in corporate earnings.But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp $(NVDA)$. As a result, analysts' earnings revisions have failed to keep up as the S&P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.The S&P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.So far, AI hype isn't feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts' earnings revisions that are upgrades has trended lower for both the S&P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.SOCIETE GENERALESOCIETE GENERALEIn the past, the S&P 500 has closely tracked analysts' optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.SOCIETE GENERALEAs stock-market bulls wait around for AI to drive earnings into the stratosphere, \"those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,\" Edwards said.Instead of being driven by stronger profits, the true source of the market's strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.The notion that the Fed's quantitative tightening has led to tighter monetary policy is \"a joke,\" Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank's money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed's reverse-repo facility.This has caused the monetary base in the U.S. to expand over the past year, which isn't exactly consistent with the Fed's claims to be draining liquidity from the financial system, Edwards said.Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed's interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and \"greedflation\" have also helped support economic growth, he said.Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288688811716944,"gmtCreate":1711513415677,"gmtModify":1711517988980,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","listText":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","text":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288688811716944","repostId":"1134615615","repostType":4,"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287292138684600,"gmtCreate":1711162352434,"gmtModify":1711163856860,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar&nbsp;","listText":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar&nbsp;","text":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287292138684600","repostId":"2421828618","repostType":2,"repost":{"id":"2421828618","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1711154521,"share":"https://www.laohu8.com/m/news/2421828618?lang=&edition=full","pubTime":"2024-03-23 08:42","market":"us","language":"en","title":"US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2421828618","media":"Reuters","summary":"(Updates with move to Senate, paragraphs 1, 3)   By David Morgan, Richard Cowan and Makini Brice      WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass ","content":"<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House&#39;s 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber&#39;s Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington&#39;s spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>&#34;I filed a motion to vacate today. But it&#39;s more of a warning than a pink slip,&#34; the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>&#34;Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,&#34; Schumer said. &#34;There is no reason to delay.&#34;</p><p>The last partial federal government shutdown occurred during Donald Trump&#39;s presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans&#39; subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-03-23 08:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House&#39;s 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber&#39;s Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington&#39;s spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>&#34;I filed a motion to vacate today. But it&#39;s more of a warning than a pink slip,&#34; the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>&#34;Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,&#34; Schumer said. &#34;There is no reason to delay.&#34;</p><p>The last partial federal government shutdown occurred during Donald Trump&#39;s presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans&#39; subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421828618","content_text":"WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.The House's 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber's Byzantine rules and allow for a swifter vote on passage.The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.But Greene said she would not push for an immediate vote.\"I filed a motion to vacate today. But it's more of a warning than a pink slip,\" the Georgia Republican told reporters.SENATE UP NEXTMeanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.\"Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,\" Schumer said. \"There is no reason to delay.\"The last partial federal government shutdown occurred during Donald Trump's presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans' subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":287292138684600,"gmtCreate":1711162352434,"gmtModify":1711163856860,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar&nbsp;","listText":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar&nbsp;","text":"\"Republicans have been loath\", \"Hardliners\" The fact that Reuters has become another sensationalist piece of crap is frankly sad. The fact is that is printing will lead to impendable doom of the US dollar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287292138684600","repostId":"2421828618","repostType":2,"repost":{"id":"2421828618","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1711154521,"share":"https://www.laohu8.com/m/news/2421828618?lang=&edition=full","pubTime":"2024-03-23 08:42","market":"us","language":"en","title":"US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2421828618","media":"Reuters","summary":"(Updates with move to Senate, paragraphs 1, 3)   By David Morgan, Richard Cowan and Makini Brice      WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass ","content":"<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House&#39;s 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber&#39;s Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington&#39;s spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>&#34;I filed a motion to vacate today. But it&#39;s more of a warning than a pink slip,&#34; the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>&#34;Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,&#34; Schumer said. &#34;There is no reason to delay.&#34;</p><p>The last partial federal government shutdown occurred during Donald Trump&#39;s presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans&#39; subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-03-23 08:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House&#39;s 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber&#39;s Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington&#39;s spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>&#34;I filed a motion to vacate today. But it&#39;s more of a warning than a pink slip,&#34; the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>&#34;Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,&#34; Schumer said. &#34;There is no reason to delay.&#34;</p><p>The last partial federal government shutdown occurred during Donald Trump&#39;s presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans&#39; subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421828618","content_text":"WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.The House's 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber's Byzantine rules and allow for a swifter vote on passage.The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.But Greene said she would not push for an immediate vote.\"I filed a motion to vacate today. But it's more of a warning than a pink slip,\" the Georgia Republican told reporters.SENATE UP NEXTMeanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.\"Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,\" Schumer said. \"There is no reason to delay.\"The last partial federal government shutdown occurred during Donald Trump's presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans' subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291072885858440,"gmtCreate":1712088735426,"gmtModify":1712095060994,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","listText":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","text":"This sounds like \"Man who predicted a car crash 20 years ago says that you will live until you die\". Mr obvious","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291072885858440","repostId":"2424042555","repostType":2,"repost":{"id":"2424042555","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1712069657,"share":"https://www.laohu8.com/m/news/2424042555?lang=&edition=full","pubTime":"2024-04-02 22:54","market":"nz","language":"en","title":"Wall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2424042555","media":"Dow Jones","summary":"SocGen's Albert Edwards says the artificial-intelligence craze is getting out of hand. The artificial-intelligence craze and a \"loosey goosey\" Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the \"artificial intelligence revolution\" will drive a boom in corporate earnings.In the past, the S&P 500 has closely tracked analysts' optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.As stock-market bulls wait around for AI to drive earnings into the stratosphere, \"those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward","content":"<html><head></head><body><p>The artificial-intelligence craze and a &#34;loosey goosey&#34; Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.</p><p>According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the &#34;artificial intelligence revolution&#34; will drive a boom in corporate earnings.</p><p>But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>. As a result, analysts&#39; earnings revisions have failed to keep up as the S&amp;P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.</p><p>The S&amp;P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.</p><p>So far, AI hype isn&#39;t feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts&#39; earnings revisions that are upgrades has trended lower for both the S&amp;P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20b2bf023bf6f517028d5cec3ae098ef\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"352\"/><span>SOCIETE GENERALE</span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584b8397561c4a522da4d2f5800ca5bd\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"344\"/><span>SOCIETE GENERALE</span></p><p>In the past, the S&amp;P 500 has closely tracked analysts&#39; optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/597a0028992bb61cbf360be7dd5d5b4f\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"339\"/><span>SOCIETE GENERALE</span></p><p>As stock-market bulls wait around for AI to drive earnings into the stratosphere, &#34;those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,&#34; Edwards said.</p><p>Instead of being driven by stronger profits, the true source of the market&#39;s strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.</p><p>The notion that the Fed&#39;s quantitative tightening has led to tighter monetary policy is &#34;a joke,&#34; Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank&#39;s money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed&#39;s reverse-repo facility.</p><p>This has caused the monetary base in the U.S. to expand over the past year, which isn&#39;t exactly consistent with the Fed&#39;s claims to be draining liquidity from the financial system, Edwards said.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0b40562e2851622a5c73db430d8917d\" title=\"\" tg-width=\"700\" tg-height=\"341\"/></p><p>Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed&#39;s interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and &#34;greedflation&#34; have also helped support economic growth, he said.</p><p>Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&amp;P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.</p><p>After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&amp;P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Strategist Who Called Dot-Com Crash Says Stocks Are in a Bubble Driven by Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-04-02 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The artificial-intelligence craze and a &#34;loosey goosey&#34; Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.</p><p>According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the &#34;artificial intelligence revolution&#34; will drive a boom in corporate earnings.</p><p>But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>. As a result, analysts&#39; earnings revisions have failed to keep up as the S&amp;P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.</p><p>The S&amp;P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.</p><p>So far, AI hype isn&#39;t feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts&#39; earnings revisions that are upgrades has trended lower for both the S&amp;P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20b2bf023bf6f517028d5cec3ae098ef\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"352\"/><span>SOCIETE GENERALE</span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584b8397561c4a522da4d2f5800ca5bd\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"344\"/><span>SOCIETE GENERALE</span></p><p>In the past, the S&amp;P 500 has closely tracked analysts&#39; optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/597a0028992bb61cbf360be7dd5d5b4f\" alt=\"SOCIETE GENERALE\" title=\"SOCIETE GENERALE\" tg-width=\"700\" tg-height=\"339\"/><span>SOCIETE GENERALE</span></p><p>As stock-market bulls wait around for AI to drive earnings into the stratosphere, &#34;those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,&#34; Edwards said.</p><p>Instead of being driven by stronger profits, the true source of the market&#39;s strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.</p><p>The notion that the Fed&#39;s quantitative tightening has led to tighter monetary policy is &#34;a joke,&#34; Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank&#39;s money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed&#39;s reverse-repo facility.</p><p>This has caused the monetary base in the U.S. to expand over the past year, which isn&#39;t exactly consistent with the Fed&#39;s claims to be draining liquidity from the financial system, Edwards said.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0b40562e2851622a5c73db430d8917d\" title=\"\" tg-width=\"700\" tg-height=\"341\"/></p><p>Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed&#39;s interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and &#34;greedflation&#34; have also helped support economic growth, he said.</p><p>Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&amp;P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.</p><p>After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&amp;P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","SPXU":"三倍做空标普500ETF","BK4587":"ChatGPT概念","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","SPY":"标普500ETF","BK4579":"人工智能","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4141":"半导体产品","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","OEX":"标普100","NVDA":"英伟达","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IVV":"标普500指数ETF","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SDS":"两倍做空标普500ETF","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4529":"IDC概念","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BK4585":"ETF&股票定投概念","OEF":"标普100指数ETF-iShares","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424042555","content_text":"The artificial-intelligence craze and a \"loosey goosey\" Federal Reserve monetary policy have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash of 2000.According to Albert Edwards, a global strategist at Société Générale known for his bearish takes on markets and the economy, the stock-market rally over the last five months has all the hallmarks of a bubble, including tacit help from the Fed and a convenient narrative: that the \"artificial intelligence revolution\" will drive a boom in corporate earnings.But the reality is that AI has yet to deliver stronger earnings growth outside of a handful of companies, like Nvidia Corp $(NVDA)$. As a result, analysts' earnings revisions have failed to keep up as the S&P 500 index rallied nearly 30% in five months, according to FactSet data, driving valuations to levels that are expensive relative to recent history.The S&P 500 recently traded at more than 20 times forward earnings, which is above its five- and 10-year averages and the highest level since January 2022, according to FactSet.So far, AI hype isn't feeding through to expectations for stronger earnings in the immediate future. Over the past six months, the share of analysts' earnings revisions that are upgrades has trended lower for both the S&P 1500 Composite XX:SP1500 and the Nasdaq-100 NDX.SOCIETE GENERALESOCIETE GENERALEIn the past, the S&P 500 has closely tracked analysts' optimism, Edwards said but more recently, the relationship appears to be heading in the wrong direction.SOCIETE GENERALEAs stock-market bulls wait around for AI to drive earnings into the stratosphere, \"those of us who lived through the late 1990s TMT bubble have heard it all before and roll our eyes skyward,\" Edwards said.Instead of being driven by stronger profits, the true source of the market's strength appears to be abundant Fed-induced liquidity. Edwards is hardly alone in pointing this out.The notion that the Fed's quantitative tightening has led to tighter monetary policy is \"a joke,\" Edwards said. While the Fed shrinks its bondholdings via quantitative tightening, the central bank's money-market operations are more than offsetting the liquidity drain by pumping more money into the financial system via the consistent drain in the Fed's reverse-repo facility.This has caused the monetary base in the U.S. to expand over the past year, which isn't exactly consistent with the Fed's claims to be draining liquidity from the financial system, Edwards said.Meanwhile, the U.S. economy has received plenty of help from the federal government in the form of huge fiscal stimulus, which has helped it avoid a recession despite the Fed's interest-rate hikes, Edwards said. Consumers tapping into their excess pandemic-era savings and signs that large companies are increasingly benefiting from higher interest rates and \"greedflation\" have also helped support economic growth, he said.Edwards is extremely familiar with the conditions that led to the dot-com bubble. After all, he was one of a handful of people on Wall Street to anticipate the crash that began in March 2000, when the S&P 500 and Nasdaq hit their bubble-era peak, kicking off a bear market that would last for nearly three years.After seeing their strongest start to a year since 2019, U.S. stocks have gotten off to a rough start in the second quarter. The S&P 500 SPX was down 59 points, or 1.1%, in recent trade on Tuesday at 5,204, on track to fall for a second-straight day. The Dow Jones Industrial Average DJIA shed 449 points, or 1.1%, to 39,116. Meanwhile, the Nasdaq Composite COMP was off by 254 points, or 1.6%, at 16,140.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319239438000144,"gmtCreate":1718952864545,"gmtModify":1718953889791,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"It's 8/8 because the robotaxi release is going to be in china. 8 is a lucky number for the Chinese&nbsp;","listText":"It's 8/8 because the robotaxi release is going to be in china. 8 is a lucky number for the Chinese&nbsp;","text":"It's 8/8 because the robotaxi release is going to be in china. 8 is a lucky number for the Chinese","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319239438000144","repostId":"2444840591","repostType":2,"repost":{"id":"2444840591","pubTimestamp":1718855518,"share":"https://www.laohu8.com/m/news/2444840591?lang=&edition=full","pubTime":"2024-06-20 11:51","market":"nz","language":"en","title":"Tesla: Robotaxi Hype Might Not Turn It Around","url":"https://stock-news.laohu8.com/highlight/detail?id=2444840591","media":"seekingalpha","summary":"I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?","content":"<html><head></head><body><ul style=\"\"><li><p>I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.</p></li><li><p>Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?</p></li><li><p>Shareholders reapproved CEO Elon Musk&#39;s 2018 compensation package, but legal challenges remain.</p></li><li><p>Investors should be cautious about Tesla&#39;s hype surrounding Robotaxi Day, given Tesla&#39;s growth premium.</p></li><li><p>I argue why cracks are building up underneath the surface, suggesting Tesla investors must brace for more pain.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dfc6799709ce69e11f22e921a343a8a6\" tg-width=\"594\" tg-height=\"396\"/></p><p>Apu Gomes/Getty Images News</p><p></p><h2 id=\"id_4148329521\">My Tesla Stock Caution Panned Out</h2><p>I cautioned <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) investors about adding ahead of TSLA&#39;s Q1 earnings release, as it seemed increasingly likely to re-test its $150 support zone. My caution on TSLA panned out, as it fell toward the $140 zone before bottoming. However, Tesla buyers appeared to have shaken off its relatively weak Q1 performance. In addition, CEO Elon Musk won a crucial confidence vote as shareholders voted overwhelmingly in favor of reapproving Musk&#39;s 2018 compensation package. As a result, I assess that the opportunity for me to provide an update for TSLA investors is timely.</p><p>Tesla investors should note that TSLA stock is still down more than 30% over the past year, significantly underperforming the S&amp;P 500 (SP500, SPX, SPY). Therefore, the market has continued to take out new all-time highs, while TSLA buyers haven&#39;t returned aggressively to lift TSLA&#39;s expensive valuation multiples.</p><h2 id=\"id_4060217630\">Elon Musk&#39;s Pay Is Approved, But Challenges Not Over</h2><p>Moreover, investors must note that the recent shareholder approval hasn&#39;t reinstated the judge&#39;s decision to invalidate Musk&#39;s 2018 pay package. As a result, investors must continue monitoring the legal developments as Tesla looks to potentially appeal the court&#39;s decision. Despite that, it should assure investors that Musk&#39;s focus should remain on Tesla. Musk emphasized that he &#34;can&#39;t cut and run, nor would [he] want to,&#34; as Musk is required to &#34;hold on to his stock options for five years.&#34;</p><p>It&#39;s arguable that TSLA&#39;s long-term valuation is predicated on Elon Musk&#39;s ability to build on Tesla&#39;s breathtaking success. However, the EV market has become increasingly crowded as automakers vie for market share while navigating challenging macroeconomic conditions. Even Tesla wasn&#39;t spared, as the leading EV maker reported negative free cash flow in Q1.</p><p>I believe Tesla investors understand that the market is placing a huge emphasis on Musk to deliver Tesla&#39;s autonomous driving ambitions. Based on Ark Invest&#39;s 2029 base case target price of $2,600 on Tesla, &#34;nearly 90% of Tesla&#39;s enterprise value and earnings by 2029 are expected to come from the robotaxi business.&#34; Musk has also attempted to hype Tesla&#39;s growth opportunities in Robotaxi and Optimus robots as Tesla&#39;s EV growth slowed. As a result, investors are likely still assessing whether Musk could lift TSLA&#39;s re-rating potential at its upcoming Robotaxi Day on August 8.</p><p>Wedbush&#39;s Dan Ives underscores the pivotal event as a &#34;key historical moment&#34; for Elon Musk and his team. However, investors are urged not to throw caution to the wind, as Tesla hasn&#39;t looked closer to solving TSLA&#39;s vision-only FSD autonomous driving technology. As a reminder, Tesla believes that its vision-only approach is superior and provides &#34;the lowest cost and most scalable way forward.&#34;</p><h2 id=\"id_133438469\">Tesla Investors Are Banking On Robotaxi Hype</h2><p>Notwithstanding Tesla&#39;s optimism, a recent March ranking by The Insurance Institute for Highway Safety rates Tesla&#39;s ADAS system poorly. Only Lexus of Toyota Motor Corporation (TM) ADAS was given an &#34;acceptable&#34; grade, while General Motors Company (GM) and Nissan Motor Co., Ltd. (OTCPK:NSANY) received &#34;marginal&#34; grades for their systems. 11 others (including Tesla) received &#34;poor&#34; ratings. Therefore, the study highlights the inadequacy of the current platforms in solving the complexities of real-world autonomous driving. IIHS didn&#39;t mince its words as the independent group articulated: &#34;These results are worrying, considering how quickly vehicles with these partial automation systems are hitting our roadways.&#34;</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b43fb181046cdbaf34eb1498acd2e53e\" tg-width=\"640\" tg-height=\"428\"/></p><p>Ark Invest Vs. Wall Street price target for TSLA (Barron&#39;s )</p><p></p><p>Consequently, I urge investors to be cautious about buying into the hype that Musk and Ark are trying to drum up as we draw closer to Tesla&#39;s Robotaxi Day. Musk is smart enough to know that TSLA needs investors to stay on board with him as Tesla navigates immense challenges to solve and achieve Ark&#39;s 2029 base case thesis on TSLA. However, investors should note the increasing bifurcation in TSLA price targets between Ark Invest and Wall Street. Investors must also assess Tesla&#39;s ability to achieve growth inflection from 2025 as it&#39;s pivotal to recover TSLA&#39;s bullish momentum.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8aabc2a4661121c9963159cf8f95d2f6\" tg-width=\"640\" tg-height=\"384\"/></p><p>Tesla margins estimates % (TIKR)</p><p></p><p>As seen above, Tesla&#39;s profitability margins are expected to bottom in 2024. Therefore, Wall Street has likely priced in a more robust recovery from 2025. Despite that, Tesla&#39;s estimates have been downgraded, underscoring the challenges bedeviling Tesla and its EV peers. Given the outperformance of GM stock over TSLA in 2024, the market has likely reallocated to the legacy OEMs, given their more well-diversified lineup across ICE, hybrid, and pure-play EVs.</p><p>BloombergNEF downgraded its EV growth estimates through 2026, suggesting the challenges are expected to persist. Coupled with the uncertainties surrounding Tesla&#39;s $25K EV program, I assess that a substantial valuation re-rating thesis in TSLA stock could be too aggressive.</p><p>TSLA is valued at a forward adjusted PEG ratio of 6.6, well above its sector median of 1.51. Therefore, Tesla investors must be willing to bet on Elon Musk&#39;s ability to realize its autonomous driving and Robotaxi ambitions. However, even Berkshire Hathaway Inc.&#39;s (BRK.A, BRK.B) Ajit Jain thinks Tesla investors could be too optimistic. He highlighted that &#34;Tesla has yet to be successful with this automation effort.&#34; However, have dip-buyers been willing to buy TSLA&#39;s steep pullbacks, paving the way for momentum buyers to return more confidently?</p><h2 id=\"id_3575625280\">Is TSLA Stock A Buy, Sell, Or Hold?</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0467ce1c6a6e6c24e8c43c8cf11d906f\" tg-width=\"640\" tg-height=\"394\"/></p><p>TSLA price chart (weekly, medium-term) (TradingView)</p><p></p><p>TSLA&#39;s price chart is showing mixed signals. A closer inspection suggests a downtrend signal seems to be building up. However, TSLA dip-buyers held its recent bottom above the pivotal $150 zone, making a higher low against January 2023&#39;s lows.</p><p>However, I must highlight that TSLA has already slid into a downtrend, indicating increasingly bearish momentum. Short sellers looking to turn bearish on TSLA are reminded to be wary, as Musk could drive more investor hype heading into its upcoming Robotaxi Day.</p><p>Bullish Tesla, Inc. investors must be cautious about expecting a significant valuation re-rating from the current levels, given the persistent headwinds faced by the EV industry. Therefore, I find it increasingly challenging to expect TSLA to outperform within the next 12 to 18 months.</p><p><em>Rating: Maintain Hold.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Robotaxi Hype Might Not Turn It Around</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Robotaxi Hype Might Not Turn It Around\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-20 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?Shareholders...</p>\n\n<a href=\"https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","LU0823414478.USD":"法巴经典能源转换基金","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BK4555":"新能源车","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4566":"资本集团","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4588":"碎股","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4099":"汽车制造商"},"source_url":"https://seekingalpha.com/article/4699865-tesla-robotaxi-hype-might-not-turn-it-around","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2444840591","content_text":"I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?Shareholders reapproved CEO Elon Musk's 2018 compensation package, but legal challenges remain.Investors should be cautious about Tesla's hype surrounding Robotaxi Day, given Tesla's growth premium.I argue why cracks are building up underneath the surface, suggesting Tesla investors must brace for more pain.Apu Gomes/Getty Images NewsMy Tesla Stock Caution Panned OutI cautioned Tesla, Inc. (NASDAQ:TSLA) investors about adding ahead of TSLA's Q1 earnings release, as it seemed increasingly likely to re-test its $150 support zone. My caution on TSLA panned out, as it fell toward the $140 zone before bottoming. However, Tesla buyers appeared to have shaken off its relatively weak Q1 performance. In addition, CEO Elon Musk won a crucial confidence vote as shareholders voted overwhelmingly in favor of reapproving Musk's 2018 compensation package. As a result, I assess that the opportunity for me to provide an update for TSLA investors is timely.Tesla investors should note that TSLA stock is still down more than 30% over the past year, significantly underperforming the S&P 500 (SP500, SPX, SPY). Therefore, the market has continued to take out new all-time highs, while TSLA buyers haven't returned aggressively to lift TSLA's expensive valuation multiples.Elon Musk's Pay Is Approved, But Challenges Not OverMoreover, investors must note that the recent shareholder approval hasn't reinstated the judge's decision to invalidate Musk's 2018 pay package. As a result, investors must continue monitoring the legal developments as Tesla looks to potentially appeal the court's decision. Despite that, it should assure investors that Musk's focus should remain on Tesla. Musk emphasized that he \"can't cut and run, nor would [he] want to,\" as Musk is required to \"hold on to his stock options for five years.\"It's arguable that TSLA's long-term valuation is predicated on Elon Musk's ability to build on Tesla's breathtaking success. However, the EV market has become increasingly crowded as automakers vie for market share while navigating challenging macroeconomic conditions. Even Tesla wasn't spared, as the leading EV maker reported negative free cash flow in Q1.I believe Tesla investors understand that the market is placing a huge emphasis on Musk to deliver Tesla's autonomous driving ambitions. Based on Ark Invest's 2029 base case target price of $2,600 on Tesla, \"nearly 90% of Tesla's enterprise value and earnings by 2029 are expected to come from the robotaxi business.\" Musk has also attempted to hype Tesla's growth opportunities in Robotaxi and Optimus robots as Tesla's EV growth slowed. As a result, investors are likely still assessing whether Musk could lift TSLA's re-rating potential at its upcoming Robotaxi Day on August 8.Wedbush's Dan Ives underscores the pivotal event as a \"key historical moment\" for Elon Musk and his team. However, investors are urged not to throw caution to the wind, as Tesla hasn't looked closer to solving TSLA's vision-only FSD autonomous driving technology. As a reminder, Tesla believes that its vision-only approach is superior and provides \"the lowest cost and most scalable way forward.\"Tesla Investors Are Banking On Robotaxi HypeNotwithstanding Tesla's optimism, a recent March ranking by The Insurance Institute for Highway Safety rates Tesla's ADAS system poorly. Only Lexus of Toyota Motor Corporation (TM) ADAS was given an \"acceptable\" grade, while General Motors Company (GM) and Nissan Motor Co., Ltd. (OTCPK:NSANY) received \"marginal\" grades for their systems. 11 others (including Tesla) received \"poor\" ratings. Therefore, the study highlights the inadequacy of the current platforms in solving the complexities of real-world autonomous driving. IIHS didn't mince its words as the independent group articulated: \"These results are worrying, considering how quickly vehicles with these partial automation systems are hitting our roadways.\"Ark Invest Vs. Wall Street price target for TSLA (Barron's )Consequently, I urge investors to be cautious about buying into the hype that Musk and Ark are trying to drum up as we draw closer to Tesla's Robotaxi Day. Musk is smart enough to know that TSLA needs investors to stay on board with him as Tesla navigates immense challenges to solve and achieve Ark's 2029 base case thesis on TSLA. However, investors should note the increasing bifurcation in TSLA price targets between Ark Invest and Wall Street. Investors must also assess Tesla's ability to achieve growth inflection from 2025 as it's pivotal to recover TSLA's bullish momentum.Tesla margins estimates % (TIKR)As seen above, Tesla's profitability margins are expected to bottom in 2024. Therefore, Wall Street has likely priced in a more robust recovery from 2025. Despite that, Tesla's estimates have been downgraded, underscoring the challenges bedeviling Tesla and its EV peers. Given the outperformance of GM stock over TSLA in 2024, the market has likely reallocated to the legacy OEMs, given their more well-diversified lineup across ICE, hybrid, and pure-play EVs.BloombergNEF downgraded its EV growth estimates through 2026, suggesting the challenges are expected to persist. Coupled with the uncertainties surrounding Tesla's $25K EV program, I assess that a substantial valuation re-rating thesis in TSLA stock could be too aggressive.TSLA is valued at a forward adjusted PEG ratio of 6.6, well above its sector median of 1.51. Therefore, Tesla investors must be willing to bet on Elon Musk's ability to realize its autonomous driving and Robotaxi ambitions. However, even Berkshire Hathaway Inc.'s (BRK.A, BRK.B) Ajit Jain thinks Tesla investors could be too optimistic. He highlighted that \"Tesla has yet to be successful with this automation effort.\" However, have dip-buyers been willing to buy TSLA's steep pullbacks, paving the way for momentum buyers to return more confidently?Is TSLA Stock A Buy, Sell, Or Hold?TSLA price chart (weekly, medium-term) (TradingView)TSLA's price chart is showing mixed signals. A closer inspection suggests a downtrend signal seems to be building up. However, TSLA dip-buyers held its recent bottom above the pivotal $150 zone, making a higher low against January 2023's lows.However, I must highlight that TSLA has already slid into a downtrend, indicating increasingly bearish momentum. Short sellers looking to turn bearish on TSLA are reminded to be wary, as Musk could drive more investor hype heading into its upcoming Robotaxi Day.Bullish Tesla, Inc. investors must be cautious about expecting a significant valuation re-rating from the current levels, given the persistent headwinds faced by the EV industry. Therefore, I find it increasingly challenging to expect TSLA to outperform within the next 12 to 18 months.Rating: Maintain Hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":318515270586424,"gmtCreate":1718780468387,"gmtModify":1718780475570,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","listText":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","text":"These short sellers are trying to FUD people out of their positions with insane $15 claims so that the price crashes and they can profit😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/318515270586424","repostId":"1147177605","repostType":2,"repost":{"id":"1147177605","pubTimestamp":1718718859,"share":"https://www.laohu8.com/m/news/1147177605?lang=&edition=full","pubTime":"2024-06-18 21:54","market":"us","language":"en","title":"Tesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1147177605","media":"Markets Insider","summary":"Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.\"In my view, Tesla is the biggest stock market bubble in world history,\" The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. \"The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,\" he added, estimating Tesla's earnings could fal","content":"<html><head></head><body><p>Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.</p><p>Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.</p><p>&#34;In my view, Tesla is the biggest stock market bubble in world history,&#34; The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. &#34;The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,&#34; he added, estimating Tesla&#39;s earnings could fall as much as 50% this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/584d30651d0398b98dd4e4802fbdb968\" title=\"\" tg-width=\"786\" tg-height=\"625\"/></p><p>Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock&#39;s lofty valuation and predicted a coming correction. The company&#39;s sales were far below expectations last quarter, indicating that the carmaker is struggling with anemic demand and rising competition in the electric vehicle space.</p><p>The company also faces risks from multiple ongoing lawsuits, as well as its big compensation packages for Tesla&#39;s board, Lekander said.</p><p>&#34;I think, given that there is no growth here — 10 times earnings is very generous — my price target is $15 … I think this is hugely dangerous,&#34; he said.</p><p>Lekander&#39;s price target implies a 91% crash from Tesla&#39;s current levels, which he predicted could come as soon as the company reports its second-quarter results.</p><p>Deliveries will likely improve given Tesla&#39;s dismal first-quarter production results, but the carmaker&#39;s profits will be &#34;absolutely terrible,&#34; Lekander said.</p><p>&#34;There is a chance the company will be loss-making,&#34; he said.</p><p>If the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.</p><p>&#34;Once it goes down, it&#39;s going to go down more … I think we are very, very close to the turning point, because so far it&#39;s been a slippery slope,&#34; he said.</p></body></html>","source":"marketsinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is the Biggest Stock Bubble in History and Shares Are Headed to $15, Short Seller Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-18 21:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tesla-stock-price-prediction-crash-earnings-deliveries-outlook-bubble-tsla-2024-6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147177605","content_text":"Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander.\"In my view, Tesla is the biggest stock market bubble in world history,\" The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. \"The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff,\" he added, estimating Tesla's earnings could fall as much as 50% this year.Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock's lofty valuation and predicted a coming correction. The company's sales were far below expectations last quarter, indicating that the carmaker is struggling with anemic demand and rising competition in the electric vehicle space.The company also faces risks from multiple ongoing lawsuits, as well as its big compensation packages for Tesla's board, Lekander said.\"I think, given that there is no growth here — 10 times earnings is very generous — my price target is $15 … I think this is hugely dangerous,\" he said.Lekander's price target implies a 91% crash from Tesla's current levels, which he predicted could come as soon as the company reports its second-quarter results.Deliveries will likely improve given Tesla's dismal first-quarter production results, but the carmaker's profits will be \"absolutely terrible,\" Lekander said.\"There is a chance the company will be loss-making,\" he said.If the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.\"Once it goes down, it's going to go down more … I think we are very, very close to the turning point, because so far it's been a slippery slope,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310380222378184,"gmtCreate":1716785883963,"gmtModify":1716791866098,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"If you want to vote for &nbsp;elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","listText":"If you want to vote for &nbsp;elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","text":"If you want to vote for elons package follow the guide from the Tesla website : https://ir.tesla.com/shareholders/vote","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310380222378184","repostId":"2438890454","repostType":2,"repost":{"id":"2438890454","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716773107,"share":"https://www.laohu8.com/m/news/2438890454?lang=&edition=full","pubTime":"2024-05-27 09:25","market":"hk","language":"en","title":"Tesla Shareholders Advised to Vote Against Musk's Pay Package","url":"https://stock-news.laohu8.com/highlight/detail?id=2438890454","media":"Dow Jones","summary":"Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk's multibillion-dollar pay package at the company's meeting next month.In a 71-page report, Glass Lewis told sha","content":"<html><head></head><body><p>Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk&#39;s multibillion-dollar pay package at the company&#39;s meeting next month.</p><p>In a 71-page report, Glass Lewis told shareholders that Musk&#39;s proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder &#34;by a healthy margin.&#34;</p><p>Shareholders will vote at the June 13 meeting on Musk&#39;s pay package and other proposals, including moving the company&#39;s incorporation to Texas, which Glass Lewis also advised against. Proxy advisers&#39; recommendations can influence shareholder votes, as institutional shareholders look to them for advice.</p><p>Musk&#39;s compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk&#39;s &#34;extensive ties&#34; with board members and agreed to rescind the package, once valued as much as $55.8 billion.</p><p>Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.</p><p>Since 2018, Tesla&#39;s market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.</p><p>Musk doesn&#39;t accept a salary from Tesla, and while he ranks as one of the world&#39;s richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.</p><p>Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.</p><p>&#34;The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,&#34; the analysis said. &#34;The company&#39;s provided rationale does little to combat these concerns given their proportionate magnitude.&#34;</p><p>For the pay package to be approved, a majority of shares voted must support it, excluding Musk&#39;s roughly 13% stake and a much smaller stake owned by his brother.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Shareholders Advised to Vote Against Musk's Pay Package</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shareholders Advised to Vote Against Musk's Pay Package\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-27 09:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk&#39;s multibillion-dollar pay package at the company&#39;s meeting next month.</p><p>In a 71-page report, Glass Lewis told shareholders that Musk&#39;s proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder &#34;by a healthy margin.&#34;</p><p>Shareholders will vote at the June 13 meeting on Musk&#39;s pay package and other proposals, including moving the company&#39;s incorporation to Texas, which Glass Lewis also advised against. Proxy advisers&#39; recommendations can influence shareholder votes, as institutional shareholders look to them for advice.</p><p>Musk&#39;s compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk&#39;s &#34;extensive ties&#34; with board members and agreed to rescind the package, once valued as much as $55.8 billion.</p><p>Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.</p><p>Since 2018, Tesla&#39;s market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.</p><p>Musk doesn&#39;t accept a salary from Tesla, and while he ranks as one of the world&#39;s richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.</p><p>Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.</p><p>&#34;The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,&#34; the analysis said. &#34;The company&#39;s provided rationale does little to combat these concerns given their proportionate magnitude.&#34;</p><p>For the pay package to be approved, a majority of shares voted must support it, excluding Musk&#39;s roughly 13% stake and a much smaller stake owned by his brother.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4592":"伊斯兰概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4527":"明星科技股","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4550":"红杉资本持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4588":"碎股","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4574":"无人驾驶","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4581":"高盛持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438890454","content_text":"Proxy-advisory firm Glass Lewis has advised Tesla shareholders to vote against Elon Musk's multibillion-dollar pay package at the company's meeting next month.In a 71-page report, Glass Lewis told shareholders that Musk's proposed compensation -- recently valued at $46 billion -- could dilute their existing holdings in Tesla. The package would concentrate his ownership, making him the largest shareholder \"by a healthy margin.\"Shareholders will vote at the June 13 meeting on Musk's pay package and other proposals, including moving the company's incorporation to Texas, which Glass Lewis also advised against. Proxy advisers' recommendations can influence shareholder votes, as institutional shareholders look to them for advice.Musk's compensation was originally approved by Tesla shareholders in 2018, but it was struck down by a Delaware court in January because of concerns about the approval process. In the ruling, the judge cited Musk's \"extensive ties\" with board members and agreed to rescind the package, once valued as much as $55.8 billion.Tesla last month re-proposed the pay package -- which consists of a 10-year grant of stock options -- and has tried to persuade shareholders to support the measure in the coming vote.Since 2018, Tesla's market value has grown from around $50 billion to $570 billion, and shareholders who support the compensation terms say Musk deserves to be rewarded for hitting performance goals.Musk doesn't accept a salary from Tesla, and while he ranks as one of the world's richest people, most of his assets are tied up in shares of his companies. His hefty pay package has become a flashpoint for the electric-vehicle maker as it faces slowing vehicle sales and tumbling shares.Glass Lewis had advised against voting for the pay package in 2018, and said most of its concerns remain in the 2024 version.\"The excessive size of the award, both on a pure dollar basis and in terms of the dilutive effect upon exercise, remains very much top of mind,\" the analysis said. \"The company's provided rationale does little to combat these concerns given their proportionate magnitude.\"For the pay package to be approved, a majority of shares voted must support it, excluding Musk's roughly 13% stake and a much smaller stake owned by his brother.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288688811716944,"gmtCreate":1711513415677,"gmtModify":1711517988980,"author":{"id":"4111232971853322","authorId":"4111232971853322","name":"Randomppl","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","listText":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","text":"Jim says nothing will good will come out of china which means there will be a lot of good things coming out soon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288688811716944","repostId":"1134615615","repostType":4,"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}