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2023-07-02

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Tesla Deliveries Should Hit Another Record In Q2, So Why The Wave Of TSLA Stock Downgrades?

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11:03","market":"us","language":"en","title":"Tesla Deliveries Should Hit Another Record In Q2, So Why The Wave Of TSLA Stock Downgrades?","url":"https://stock-news.laohu8.com/highlight/detail?id=1137645835","media":"Investor’s Business Daily","summary":"Tesla (TSLA) is expected to report global second-quarter delivery data this weekend, giving investors an idea of how the company's policy of price cuts and discounts have done to woo consumers to the ","content":"<html><head></head><body><p>Tesla (TSLA) is expected to report global second-quarter delivery data this weekend, giving investors an idea of how the company&#39;s policy of price cuts and discounts have done to woo consumers to the brand. Meanwhile, Tesla stock received four downgrades ahead of the release, with analysts expecting vehicle price to continue weighing on gross margins.</p><p>Tesla is slated to announce record deliveries for the second quarter, probably on Sunday, July 2. Wall Street predicts Tesla deliveries growing 74% to 445,000, according to FactSet. The big year-over-year increase reflects easy comparisons to Q2 2022, when Tesla&#39;s Shanghai plant was shut down for Covid lockdowns for several weeks. Also, the Berlin and Austin, Texas, plants were slowly ramping up output.</p><h2 style=\"text-align: start;\">Analysts Make Predictions</h2><p style=\"text-align: start;\">Late Monday, Piper Sandler estimated Tesla Q2 deliveries may total 469,000. However, analyst Alex Potter wrote the firm&#39;s estimate &#34;may be a tad high.&#34;</p><p style=\"text-align: start;\">&#34;Regardless of the outcome this weekend, we wouldn&#39;t be surprised to see profit-taking in the coming months, given the stock&#39;s recent outperformance, as well as the likelihood of operational hiccups,&#34; Potter wrote.</p><p style=\"text-align: start;\">&#34;The outlook for gross margin will probably be even more important than production,&#34; he added. &#34;Prices have been stable, but price cuts in Q3, if any, could reignite concern re: margins.&#34;</p><p>Meanwhile, Deutsche Bank raised its TSLA stock price target to 230 from 200 on Monday, maintaining a buy rating on the shares.</p><p style=\"text-align: start;\">The firm revised its estimates for Q2 deliveries to 448,000 units, above analyst consensus. Deutsche Bank predicts about 168,000 vehicles sold in North America, 153,000 in China, 87,000 in Europe and 23,000 in the rest of the world.</p><p>Guggenheim also raised the firm&#39;s price target on Tesla stock Monday to 112, up from 105, keeping a sell rating. Guggenheim forecasts 446,000 units delivered in Q2. The firm&#39;s view is that end-of-quarter vehicle incentives and discounting could boost sales.</p><p style=\"text-align: start;\">The two Tesla stock price hikes come as the global EV giant has been handed four downgrades, including revisions from Goldman Sachs and Morgan Stanley, over the last six days.</p><p style=\"text-align: start;\">Tesla stock 2.7% to 263.56 in weekly market trade, reversing higher after tumbling 6.1% on Monday.</p><h2 style=\"text-align: start;\">Tesla Tries To Move Inventory</h2><p style=\"text-align: start;\">The EV giant has been working to move inventory before the end of the quarter, offering discounts and deals running through the end of June.</p><p style=\"text-align: start;\">In mid-June, the EV giant began offering customers who order a Model 3 between June 14-30 three-months of unlimited free supercharging, according to the company&#39;s website.</p><p style=\"text-align: start;\">In China, Tesla once again be offering insurance subsidies on Model 3 vehicles. Costumers in China who buy and complete delivery of an inventory Model 3 rear-wheel drive vehicle before the end of June will be eligible for an insurance subsidy of about $1,120, according CnEVPost.</p><p style=\"text-align: start;\">Tesla also got all Model 3 vehicle trims eligible for the full $7,500 tax credit under the Inflation Reduction Act (IRA) in early June. Tesla&#39;s Model 3 and Model Y vehicles all qualify for the $7,500 tax credit.</p><h2 style=\"text-align: start;\">Tesla Stock: Sky High Expectations For 2023 Deliveries</h2><p style=\"text-align: start;\">Analysts predict Tesla deliveries in 2023 to come in around 1.82 million, up from 1.313 million in 2022.</p><p style=\"text-align: start;\">In April, Tesla Chief Executive Elon Musk told analysts Tesla is &#34;comfortable&#34; with its 2023 production target of 1.8 million. However, he downplayed the 2 million production number he used at the end of the fourth quarter.</p><p style=\"text-align: start;\">&#34;These are volatile times,&#34; Musk said. &#34;From a production standpoint, if things go well, we&#39;ve got a shot at 2 million vehicles here. But that is the upside case.&#34;</p><p style=\"text-align: start;\">Tesla has not given a 2023 delivery target.</p><p style=\"text-align: start;\">In Q1, Tesla deliveries rose 36% vs. a year earlier to 422,875. That was 4% above the prior record of 405,278 in Q4. However, Wall Street expected around 431,000 Tesla deliveries. Q1 deliveries included 412,180 Model 3 and Y vehicles, along with 10,695 Model S and X luxury vehicles. Production once again exceeded deliveries, at 440,808. Model S and X production was at 19,437.</p><p style=\"text-align: start;\">The Tesla Model Y was the world&#39;s bestselling vehicle of any type in Q1, according to data compiled by industry analyst JATO Dynamics for Motor1. The Model Y had 267,200 sales in Q1, according to data from 53 markets and estimates for the rest of the world.</p><p style=\"text-align: start;\">Tesla has just four models, with the bulk of its sales the Model Y crossover SUV. However, the Cybertruck is expected later this year. There&#39;s also the specter of a revamped Model 3, but it&#39;s unclear what the changes will be.</p><h2 style=\"text-align: start;\">Tesla Stock</h2><p style=\"text-align: start;\">Tesla shares are up 114% in 2023 and 159% from their Jan. 6 low. TSLA is down substantially from the all-time high 414.50 it hit in November 2021.</p><p style=\"text-align: start;\">Tesla is well extended past a 207.79 buy point from what&#39;s either a cup or a double-bottom base.</p><p style=\"text-align: start;\">Analysts continue to worry about price cuts weighing on gross margins, and TSLA valuation.</p><p style=\"text-align: start;\">On April 19, Tesla reported a big first-quarter earnings decline while revenue missed views. Profit margins for the global EV giant also fell below 20% as the company executed an aggressive price-slashing strategy in the first part of 2023. Tesla reported revenue increasing 24% to $23.33 billion with earnings of 85 cents a share, a 20% decline compared with 2022.</p><p style=\"text-align: start;\">The EV company&#39;s total gross profit came in at $4.5 billion, with Tesla&#39;s profit gross margin at 19.3%, down from 23.8% in the fourth quarter and 29.1% a year earlier.</p><p style=\"text-align: start;\">Auto gross margins excluding regulatory credits and leases skidded to 18.3% from 23.8% in the fourth quarter. That remains below the 20% gross margin &#34;floor&#34; Tesla previously targeted.</p><p style=\"text-align: start;\">Tesla stock ranks third in IBD&#39;s automaker industry group. It has a 98 Composite Rating out of 99. Tesla has a 89 Relative Strength Rating and its EPS Rating is 93 out of 99.</p></body></html>","source":"lsy1671069246760","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 Deliveries Should Hit Another Record In Q2, So Why The Wave Of TSLA Stock Downgrades?</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 Deliveries Should Hit Another Record In Q2, So Why The Wave Of TSLA Stock Downgrades?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-02 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/tesla-deliveries-q2-record-tesla-stock/><strong>Investor’s Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) is expected to report global second-quarter delivery data this weekend, giving investors an idea of how the company's policy of price cuts and discounts have done to woo consumers to the ...</p>\n\n<a href=\"https://www.investors.com/news/tesla-deliveries-q2-record-tesla-stock/\">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://www.investors.com/news/tesla-deliveries-q2-record-tesla-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137645835","content_text":"Tesla (TSLA) is expected to report global second-quarter delivery data this weekend, giving investors an idea of how the company's policy of price cuts and discounts have done to woo consumers to the brand. Meanwhile, Tesla stock received four downgrades ahead of the release, with analysts expecting vehicle price to continue weighing on gross margins.Tesla is slated to announce record deliveries for the second quarter, probably on Sunday, July 2. Wall Street predicts Tesla deliveries growing 74% to 445,000, according to FactSet. The big year-over-year increase reflects easy comparisons to Q2 2022, when Tesla's Shanghai plant was shut down for Covid lockdowns for several weeks. Also, the Berlin and Austin, Texas, plants were slowly ramping up output.Analysts Make PredictionsLate Monday, Piper Sandler estimated Tesla Q2 deliveries may total 469,000. However, analyst Alex Potter wrote the firm's estimate \"may be a tad high.\"\"Regardless of the outcome this weekend, we wouldn't be surprised to see profit-taking in the coming months, given the stock's recent outperformance, as well as the likelihood of operational hiccups,\" Potter wrote.\"The outlook for gross margin will probably be even more important than production,\" he added. \"Prices have been stable, but price cuts in Q3, if any, could reignite concern re: margins.\"Meanwhile, Deutsche Bank raised its TSLA stock price target to 230 from 200 on Monday, maintaining a buy rating on the shares.The firm revised its estimates for Q2 deliveries to 448,000 units, above analyst consensus. Deutsche Bank predicts about 168,000 vehicles sold in North America, 153,000 in China, 87,000 in Europe and 23,000 in the rest of the world.Guggenheim also raised the firm's price target on Tesla stock Monday to 112, up from 105, keeping a sell rating. Guggenheim forecasts 446,000 units delivered in Q2. The firm's view is that end-of-quarter vehicle incentives and discounting could boost sales.The two Tesla stock price hikes come as the global EV giant has been handed four downgrades, including revisions from Goldman Sachs and Morgan Stanley, over the last six days.Tesla stock 2.7% to 263.56 in weekly market trade, reversing higher after tumbling 6.1% on Monday.Tesla Tries To Move InventoryThe EV giant has been working to move inventory before the end of the quarter, offering discounts and deals running through the end of June.In mid-June, the EV giant began offering customers who order a Model 3 between June 14-30 three-months of unlimited free supercharging, according to the company's website.In China, Tesla once again be offering insurance subsidies on Model 3 vehicles. Costumers in China who buy and complete delivery of an inventory Model 3 rear-wheel drive vehicle before the end of June will be eligible for an insurance subsidy of about $1,120, according CnEVPost.Tesla also got all Model 3 vehicle trims eligible for the full $7,500 tax credit under the Inflation Reduction Act (IRA) in early June. Tesla's Model 3 and Model Y vehicles all qualify for the $7,500 tax credit.Tesla Stock: Sky High Expectations For 2023 DeliveriesAnalysts predict Tesla deliveries in 2023 to come in around 1.82 million, up from 1.313 million in 2022.In April, Tesla Chief Executive Elon Musk told analysts Tesla is \"comfortable\" with its 2023 production target of 1.8 million. However, he downplayed the 2 million production number he used at the end of the fourth quarter.\"These are volatile times,\" Musk said. \"From a production standpoint, if things go well, we've got a shot at 2 million vehicles here. But that is the upside case.\"Tesla has not given a 2023 delivery target.In Q1, Tesla deliveries rose 36% vs. a year earlier to 422,875. That was 4% above the prior record of 405,278 in Q4. However, Wall Street expected around 431,000 Tesla deliveries. Q1 deliveries included 412,180 Model 3 and Y vehicles, along with 10,695 Model S and X luxury vehicles. Production once again exceeded deliveries, at 440,808. Model S and X production was at 19,437.The Tesla Model Y was the world's bestselling vehicle of any type in Q1, according to data compiled by industry analyst JATO Dynamics for Motor1. The Model Y had 267,200 sales in Q1, according to data from 53 markets and estimates for the rest of the world.Tesla has just four models, with the bulk of its sales the Model Y crossover SUV. However, the Cybertruck is expected later this year. There's also the specter of a revamped Model 3, but it's unclear what the changes will be.Tesla StockTesla shares are up 114% in 2023 and 159% from their Jan. 6 low. TSLA is down substantially from the all-time high 414.50 it hit in November 2021.Tesla is well extended past a 207.79 buy point from what's either a cup or a double-bottom base.Analysts continue to worry about price cuts weighing on gross margins, and TSLA valuation.On April 19, Tesla reported a big first-quarter earnings decline while revenue missed views. Profit margins for the global EV giant also fell below 20% as the company executed an aggressive price-slashing strategy in the first part of 2023. Tesla reported revenue increasing 24% to $23.33 billion with earnings of 85 cents a share, a 20% decline compared with 2022.The EV company's total gross profit came in at $4.5 billion, with Tesla's profit gross margin at 19.3%, down from 23.8% in the fourth quarter and 29.1% a year earlier.Auto gross margins excluding regulatory credits and leases skidded to 18.3% from 23.8% in the fourth quarter. That remains below the 20% gross margin \"floor\" Tesla previously targeted.Tesla stock ranks third in IBD's automaker industry group. It has a 98 Composite Rating out of 99. Tesla has a 89 Relative Strength Rating and its EPS Rating is 93 out of 99.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187876154790064,"gmtCreate":1686895824333,"gmtModify":1686895828003,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187876154790064","repostId":"2343707901","repostType":2,"repost":{"id":"2343707901","kind":"highlight","pubTimestamp":1686873667,"share":"https://ttm.financial/m/news/2343707901?lang=&edition=fundamental","pubTime":"2023-06-16 08:01","market":"us","language":"en","title":"Market's Starting To Look Like 1987","url":"https://stock-news.laohu8.com/highlight/detail?id=2343707901","media":"Seekingalpha","summary":"iantfoto We are not makers of history. We are made by history. - Martin Luther King, Jr. History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?","content":"<html><head></head><body><blockquote><em>We are not makers of history. We are made by history. - Martin Luther King, Jr.</em></blockquote><p>History doesn&#39;t exactly repeat, and we always have to be mindful of comparisons where there isn&#39;t a large sample size, but could 2023 play out like 1987?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da6daaf214e67ba84b0a44522ccc7e21\" tg-width=\"537\" tg-height=\"709\"/></p><p>Twitter</p><h2>The Stock Market in 1987: A Synopsis</h2><h3>The Phenomenon of the &#34;Melt-Up&#34;</h3><p>In 1987, the stock market experienced a unique phenomenon known as a &#34;melt-up.&#34; This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> Industrial Average (DJI) had a significant move for several months, and good times were rolling.</p><h3>The Crash of 1987</h3><p>Following the melt-up, the market faced a significant downturn, popularly known as the &#34;Black Monday&#34; crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.</p><h3>The Role of the Federal Reserve</h3><p>The Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.</p><h2>Market Performance: Comparing 1987 and 2023</h2><h3>Market Gains</h3><p>In 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn&#39;t repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.</p><h3>Market Sentiment</h3><p>Market sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5131d0844cb4f2f9db87e28b84802752\" tg-width=\"535\" tg-height=\"226\"/></p><p>Twitter</p><h2>Conclusion: No One Knows</h2><p>While the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market&#39;s performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.</p><p>I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8edafd94fe3b949a2622bea17777d15\" tg-width=\"535\" tg-height=\"283\"/></p><p>Twitter</p><p>Be careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn&#39;t driven by AI. It&#39;s driven by people.</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>Market's Starting To Look Like 1987</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\">\nMarket's Starting To Look Like 1987\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343707901","content_text":"We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?TwitterThe Stock Market in 1987: A SynopsisThe Phenomenon of the \"Melt-Up\"In 1987, the stock market experienced a unique phenomenon known as a \"melt-up.\" This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The Dow Jones Industrial Average (DJI) had a significant move for several months, and good times were rolling.The Crash of 1987Following the melt-up, the market faced a significant downturn, popularly known as the \"Black Monday\" crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.The Role of the Federal ReserveThe Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.Market Performance: Comparing 1987 and 2023Market GainsIn 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn't repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.Market SentimentMarket sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.TwitterConclusion: No One KnowsWhile the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market's performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.TwitterBe careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn't driven by AI. It's driven by people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182976129249392,"gmtCreate":1685693079217,"gmtModify":1685693083869,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182976129249392","repostId":"1110994111","repostType":2,"repost":{"id":"1110994111","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1685633125,"share":"https://ttm.financial/m/news/1110994111?lang=&edition=fundamental","pubTime":"2023-06-01 23:25","market":"us","language":"en","title":"U.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1110994111","media":"Tiger Newspress","summary":"U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&P gained 0.5% while Nasdaq jumped ","content":"<html><head></head><body><p>U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&amp;P gained 0.5% while Nasdaq jumped 0.64%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8f6d8acd06f7e882af3812245fe14c7\" tg-width=\"620\" tg-height=\"109\"/></p><p></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>U.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%</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\">\nU.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-06-01 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&amp;P gained 0.5% while Nasdaq jumped 0.64%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8f6d8acd06f7e882af3812245fe14c7\" tg-width=\"620\" tg-height=\"109\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110994111","content_text":"U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&P gained 0.5% while Nasdaq jumped 0.64%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979058097,"gmtCreate":1685319907719,"gmtModify":1685319910694,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979058097","repostId":"1169090901","repostType":2,"repost":{"id":"1169090901","kind":"news","pubTimestamp":1685318875,"share":"https://ttm.financial/m/news/1169090901?lang=&edition=fundamental","pubTime":"2023-05-29 08:07","market":"sg","language":"en","title":"Singapore Stock Market Tipped To End Losing Streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1169090901","media":"RTTNews","summary":"The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points o","content":"<html><head></head><body><p>The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau although it&#39;s looking at a strong lead for Monday&#39;s trade.</p><p style=\"text-align: start;\">The global forecast for the Asian markets is upbeat thanks to an apparent resolution to the U.S. debt ceiling crisis forged over the weekend. The European and U.S. markets were up and the Asian bourses are expected to follow suit.</p><p style=\"text-align: start;\">The STI finished barely lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.</p><p style=\"text-align: start;\">For the day, the index eased 0.33 points or 0.01 percent to finish at 3,207.39 after trading between 3,201.00 and 3,213.86.</p><p style=\"text-align: start;\">Among the actives, Ascendas REIT rose 0.37 percent, while CapitaLand Integrated Commercial Trust climbed 1.01 percent, CapitaLand Investment tumbled 1.15 percent, City Developments rallied 1.03 percent, DBS Group perked 0.06 percent, Genting Singapore advanced 0.99 percent, Hongkong Land gained 0.46 percent, Keppel Corp spiked 1.43 percent, Keppel DC REIT surged 2.45 percent, Mapletree Industrial Trust declined 0.88 percent, Mapletree Logistics Trust added 0.61 percent, SATS improved 0.35 percent, Singapore Technologies Engineering jumped 1.08 percent, SingTel plunged 2.37 percent, United Overseas Bank lost 0.11 percent and Wilmar International, Yangzijiang Financial, Yangzijiang Shipbuilding, Mapletree Pan Asia Commercial Trust, SembCorp Industries, Thai Beverage, Oversea-Chinese Banking Corporation, Comfort DelGro and Emperador were unchanged.</p><p style=\"text-align: start;\">The lead from Wall Street is broadly positive as the major averages opened higher on Friday and remained solidly in the green throughout the session.</p><p>The Dow surged 328.64 points or 1.00 percent to finish at 33,093.34, while the NASDAQ spiked 277.59 points or 2.19 percent to end at 12,975.69 and the S&amp;P 500 jumped 54.17 points or 1.30 percent to close at 4,205.45. For the week, the Dow slumped 1.0 percent, the NASDAQ rallied 2.5 percent and the S&amp;P rose 0.3 percent.</p><p style=\"text-align: start;\">Stocks benefitted from renewed optimism about raising the U.S. debt ceiling amid reports lawmakers are closing in on an agreement.</p><p style=\"text-align: start;\">Those hopes came to fruition over the weekend when President Joe Biden and House Speaker Kevin McCarthy, R-Calif., reached an agreement in principle. It will raise the debt ceiling for two years and keep non-defense spending roughly flat for fiscal 2024.</p><p style=\"text-align: start;\">Optimism about a debt ceiling deal overshadowed a Commerce Department report showing a reacceleration in the annual rate of consumer price growth in the month of April.</p><p style=\"text-align: start;\">Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC. West Texas Intermediate crude oil futures for July ended higher by $0.84 or 1.2 percent at $72.67 a barrel. WTI crude futures gained about 1.6 percent last week.</p></body></html>","source":"lsy1626938412129","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>Singapore Stock Market Tipped To End Losing Streak</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\">\nSingapore Stock Market Tipped To End Losing Streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 08:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau ...</p>\n\n<a href=\"https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169090901","content_text":"The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau although it's looking at a strong lead for Monday's trade.The global forecast for the Asian markets is upbeat thanks to an apparent resolution to the U.S. debt ceiling crisis forged over the weekend. The European and U.S. markets were up and the Asian bourses are expected to follow suit.The STI finished barely lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.For the day, the index eased 0.33 points or 0.01 percent to finish at 3,207.39 after trading between 3,201.00 and 3,213.86.Among the actives, Ascendas REIT rose 0.37 percent, while CapitaLand Integrated Commercial Trust climbed 1.01 percent, CapitaLand Investment tumbled 1.15 percent, City Developments rallied 1.03 percent, DBS Group perked 0.06 percent, Genting Singapore advanced 0.99 percent, Hongkong Land gained 0.46 percent, Keppel Corp spiked 1.43 percent, Keppel DC REIT surged 2.45 percent, Mapletree Industrial Trust declined 0.88 percent, Mapletree Logistics Trust added 0.61 percent, SATS improved 0.35 percent, Singapore Technologies Engineering jumped 1.08 percent, SingTel plunged 2.37 percent, United Overseas Bank lost 0.11 percent and Wilmar International, Yangzijiang Financial, Yangzijiang Shipbuilding, Mapletree Pan Asia Commercial Trust, SembCorp Industries, Thai Beverage, Oversea-Chinese Banking Corporation, Comfort DelGro and Emperador were unchanged.The lead from Wall Street is broadly positive as the major averages opened higher on Friday and remained solidly in the green throughout the session.The Dow surged 328.64 points or 1.00 percent to finish at 33,093.34, while the NASDAQ spiked 277.59 points or 2.19 percent to end at 12,975.69 and the S&P 500 jumped 54.17 points or 1.30 percent to close at 4,205.45. For the week, the Dow slumped 1.0 percent, the NASDAQ rallied 2.5 percent and the S&P rose 0.3 percent.Stocks benefitted from renewed optimism about raising the U.S. debt ceiling amid reports lawmakers are closing in on an agreement.Those hopes came to fruition over the weekend when President Joe Biden and House Speaker Kevin McCarthy, R-Calif., reached an agreement in principle. It will raise the debt ceiling for two years and keep non-defense spending roughly flat for fiscal 2024.Optimism about a debt ceiling deal overshadowed a Commerce Department report showing a reacceleration in the annual rate of consumer price growth in the month of April.Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC. West Texas Intermediate crude oil futures for July ended higher by $0.84 or 1.2 percent at $72.67 a barrel. WTI crude futures gained about 1.6 percent last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970531795,"gmtCreate":1684636942017,"gmtModify":1684636945665,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Thanks for sharing.","listText":"Thanks for sharing.","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970531795","repostId":"2336576018","repostType":2,"repost":{"id":"2336576018","kind":"highlight","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":1684628665,"share":"https://ttm.financial/m/news/2336576018?lang=&edition=fundamental","pubTime":"2023-05-21 08:24","market":"us","language":"en","title":"America's Biggest Bank Is Everywhere -- and It Isn't Done Growing","url":"https://stock-news.laohu8.com/highlight/detail?id=2336576018","media":"Dow Jones","summary":"Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.The bank has opened b","content":"<html><head></head><body><p>Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.</p><p>The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.</p><p>It now has more than 13% of the nation&#39;s deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.</p><p>America&#39;s biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank&#39;s reams of customer spending, saving and borrowing data.</p><p>When the banking system faced a crisis of confidence this spring, JPMorgan&#39;s heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.</p><p>Yet JPMorgan&#39;s show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.</p><p>Smaller banks support industries and regions that megabanks aren&#39;t especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system&#39;s top regulators.</p><p>&#34;We have a premier bank that&#39;s shown itself to be well run,&#34; said Ludwig, who now heads a financial-services advisory firm. &#34;But we need a diverse banking system.&#34;</p><p>JPMorgan isn&#39;t done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank&#39;s dominance, detailing plans to grow in the markets and products where it isn&#39;t already No. 1. Chief among them is managing its customers&#39; wealth, one of First Republic&#39;s premier offerings.</p><p>&#34;The message from investor day is: &#39;We are JPMorgan, hear us roar,&#39;&#34; said Mike Mayo, a bank analyst at Wells Fargo.</p><p>In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America&#39;s regional banks. First Republic lost $100 billion in deposits in a matter of days.</p><p>Dimon, at Yellen&#39;s prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.</p><p>Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.</p><p>First Republic&#39;s loyal following among the West Coast elite would give JPMorgan&#39;s bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.</p><p>Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.</p><p>Dimon and his deputies had been in this position before. JPMorgan&#39;s 2008 purchase of the failed Washington Mutual helped kick off the bank&#39;s nationwide expansion.</p><p>In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation&#39;s wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.</p><p>Courting America&#39;s mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn&#39;t always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. &#34;A huge mistake&#34; is how Dimon has described the saga.</p><p>Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic&#39;s balance sheet. They zoomed in on maps of First Republic&#39;s branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.</p><p>Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan&#39;s consumer bank, would make the trip to First Republic&#39;s San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.</p><p>On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.</p><p>A team of nearly 1,000 pored over First Republic&#39;s financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank&#39;s various businesses.</p><p>&#34;It felt like a finely tuned orchestra,&#34; Piepszak said in an interview. &#34;We knew what we knew and what we didn&#39;t know.&#34;</p><p>First Republic&#39;s wealth-management arm was of particular interest.</p><p>In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.</p><p>Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.</p><p>PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan&#39;s to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.</p><p>The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.</p><p>The deal revived a debate about the growing power of America&#39;s biggest banks.</p><p>&#34;The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse,&#34; Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. &#34;A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system.&#34;</p><p>Dimon, for his part, said JPMorgan&#39;s ability to swallow up most of First Republic&#39;s deposits and loans shows that the system is working as it should.</p><p>&#34;We need large, successful banks in the largest and most successful economy in the world,&#34; Dimon said on a call with reporters to discuss the deal. &#34;And anyone who thinks that it&#39;d be good for the United States of America not to have that, you call me directly.&#34;</p><p>JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.</p><p>JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank&#39;s ability to convince First Republic&#39;s financial advisers to stay, despite the banks&#39; different compensation structures.</p><p>Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.</p><p>&#34;We want to not break it,&#34; Lake said. &#34;We have to do it in a way that works for this company.&#34;</p><p></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>America's Biggest Bank Is Everywhere -- and It Isn't Done Growing</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\">\nAmerica's Biggest Bank Is Everywhere -- and It Isn't Done Growing\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\">2023-05-21 08:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.</p><p>The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.</p><p>It now has more than 13% of the nation&#39;s deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.</p><p>America&#39;s biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank&#39;s reams of customer spending, saving and borrowing data.</p><p>When the banking system faced a crisis of confidence this spring, JPMorgan&#39;s heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.</p><p>Yet JPMorgan&#39;s show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.</p><p>Smaller banks support industries and regions that megabanks aren&#39;t especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system&#39;s top regulators.</p><p>&#34;We have a premier bank that&#39;s shown itself to be well run,&#34; said Ludwig, who now heads a financial-services advisory firm. &#34;But we need a diverse banking system.&#34;</p><p>JPMorgan isn&#39;t done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank&#39;s dominance, detailing plans to grow in the markets and products where it isn&#39;t already No. 1. Chief among them is managing its customers&#39; wealth, one of First Republic&#39;s premier offerings.</p><p>&#34;The message from investor day is: &#39;We are JPMorgan, hear us roar,&#39;&#34; said Mike Mayo, a bank analyst at Wells Fargo.</p><p>In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America&#39;s regional banks. First Republic lost $100 billion in deposits in a matter of days.</p><p>Dimon, at Yellen&#39;s prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.</p><p>Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.</p><p>First Republic&#39;s loyal following among the West Coast elite would give JPMorgan&#39;s bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.</p><p>Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.</p><p>Dimon and his deputies had been in this position before. JPMorgan&#39;s 2008 purchase of the failed Washington Mutual helped kick off the bank&#39;s nationwide expansion.</p><p>In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation&#39;s wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.</p><p>Courting America&#39;s mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn&#39;t always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. &#34;A huge mistake&#34; is how Dimon has described the saga.</p><p>Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic&#39;s balance sheet. They zoomed in on maps of First Republic&#39;s branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.</p><p>Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan&#39;s consumer bank, would make the trip to First Republic&#39;s San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.</p><p>On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.</p><p>A team of nearly 1,000 pored over First Republic&#39;s financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank&#39;s various businesses.</p><p>&#34;It felt like a finely tuned orchestra,&#34; Piepszak said in an interview. &#34;We knew what we knew and what we didn&#39;t know.&#34;</p><p>First Republic&#39;s wealth-management arm was of particular interest.</p><p>In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.</p><p>Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.</p><p>PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan&#39;s to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.</p><p>The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.</p><p>The deal revived a debate about the growing power of America&#39;s biggest banks.</p><p>&#34;The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse,&#34; Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. &#34;A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system.&#34;</p><p>Dimon, for his part, said JPMorgan&#39;s ability to swallow up most of First Republic&#39;s deposits and loans shows that the system is working as it should.</p><p>&#34;We need large, successful banks in the largest and most successful economy in the world,&#34; Dimon said on a call with reporters to discuss the deal. &#34;And anyone who thinks that it&#39;d be good for the United States of America not to have that, you call me directly.&#34;</p><p>JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.</p><p>JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank&#39;s ability to convince First Republic&#39;s financial advisers to stay, despite the banks&#39; different compensation structures.</p><p>Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.</p><p>&#34;We want to not break it,&#34; Lake said. &#34;We have to do it in a way that works for this company.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","SG9999002232.USD":"Allianz Global High Payout USD","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4534":"瑞士信贷持仓","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","BK4585":"ETF&股票定投概念","SG9999002224.SGD":"Allianz Global High Payout SGD","MS":"摩根士丹利","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","FRCB":"第一共和银行","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0106831901.USD":"贝莱德世界金融基金A2","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","BK4211":"区域性银行","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","JPM":"摩根大通","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4588":"碎股","BK4550":"红杉资本持仓","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0971096721.USD":"富达环球金融服务 A","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4207":"综合性银行","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4127":"投资银行业与经纪业"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336576018","content_text":"Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.It now has more than 13% of the nation's deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.America's biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank's reams of customer spending, saving and borrowing data.When the banking system faced a crisis of confidence this spring, JPMorgan's heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.Yet JPMorgan's show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.Smaller banks support industries and regions that megabanks aren't especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system's top regulators.\"We have a premier bank that's shown itself to be well run,\" said Ludwig, who now heads a financial-services advisory firm. \"But we need a diverse banking system.\"JPMorgan isn't done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank's dominance, detailing plans to grow in the markets and products where it isn't already No. 1. Chief among them is managing its customers' wealth, one of First Republic's premier offerings.\"The message from investor day is: 'We are JPMorgan, hear us roar,'\" said Mike Mayo, a bank analyst at Wells Fargo.In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America's regional banks. First Republic lost $100 billion in deposits in a matter of days.Dimon, at Yellen's prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.First Republic's loyal following among the West Coast elite would give JPMorgan's bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.Dimon and his deputies had been in this position before. JPMorgan's 2008 purchase of the failed Washington Mutual helped kick off the bank's nationwide expansion.In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation's wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.Courting America's mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn't always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. \"A huge mistake\" is how Dimon has described the saga.Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic's balance sheet. They zoomed in on maps of First Republic's branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan's consumer bank, would make the trip to First Republic's San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.A team of nearly 1,000 pored over First Republic's financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank's various businesses.\"It felt like a finely tuned orchestra,\" Piepszak said in an interview. \"We knew what we knew and what we didn't know.\"First Republic's wealth-management arm was of particular interest.In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan's to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.The deal revived a debate about the growing power of America's biggest banks.\"The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse,\" Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. \"A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system.\"Dimon, for his part, said JPMorgan's ability to swallow up most of First Republic's deposits and loans shows that the system is working as it should.\"We need large, successful banks in the largest and most successful economy in the world,\" Dimon said on a call with reporters to discuss the deal. \"And anyone who thinks that it'd be good for the United States of America not to have that, you call me directly.\"JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank's ability to convince First Republic's financial advisers to stay, despite the banks' different compensation structures.Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.\"We want to not break it,\" Lake said. \"We have to do it in a way that works for this company.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970615702,"gmtCreate":1684376582607,"gmtModify":1684376585675,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970615702","repostId":"2336968353","repostType":2,"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970615584,"gmtCreate":1684376560548,"gmtModify":1684376563683,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970615584","repostId":"2336968353","repostType":2,"repost":{"id":"2336968353","kind":"highlight","pubTimestamp":1684374131,"share":"https://ttm.financial/m/news/2336968353?lang=&edition=fundamental","pubTime":"2023-05-18 09:42","market":"sg","language":"en","title":"These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=2336968353","media":"The Smart Investor","summary":"In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.","content":"<html><head></head><body><p>It has admittedly been a tough year for investors.</p><p>The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.</p><p>Income-seeking investors will note that the REIT sector has been hit by these headwinds.</p><p>Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.</p><p>Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.</p><p>These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.</p><p>We highlight four of such stocks to determine if they can continue to hit new 52-week highs.</p><h2><a href=\"https://laohu8.com/S/F03.SI\">Food Empire Holdings</a></h2><p>Food Empire is a food and beverage (F&amp;B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.</p><p>The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.</p><p>Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.</p><p>The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.</p><p>Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.</p><p>Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.</p><p>The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.</p><p>Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.</p><p>The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.</p><h2><a href=\"https://laohu8.com/S/P34.SI\">Delfi Limited</a></h2><p>Delfi manufactures and distributes branded consumer products such as chocolates and other confectionary.</p><p>The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.</p><p>Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.</p><p>The group reported a sterling set of earnings for 2022.</p><p>Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.</p><p>Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.</p><p>Net profit jumped nearly 50% year on year to US$43.9 million.</p><p>A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.</p><p>Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.</p><h2><a href=\"https://laohu8.com/S/U96.SI\">Sembcorp Industries Ltd</a></h2><p>Sembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.</p><p>The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.</p><p>For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.</p><p>Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.</p><p>Excluding these, net profit still surged 87% year on year to S$883 million.</p><p>The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.</p><p>This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.</p><h2><a href=\"https://laohu8.com/S/40T.SI\">ISEC Healthcare</a></h2><p>ISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.</p><p>The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.</p><p>ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.</p><p>Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.</p><p>Net profit surged 45% year on year to S$3.4 million.</p><p>The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.</p></body></html>","source":"thesmartinvestor_highlight","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>These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?</title>\n<style 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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\">\nThese 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U96.SI":"胜科工业","F03.SI":"富旺朝","40T.SI":"国际眼科中心","P34.SI":"DELFI LIMITED"},"source_url":"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336968353","content_text":"It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will note that the REIT sector has been hit by these headwinds.Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.We highlight four of such stocks to determine if they can continue to hit new 52-week highs.Food Empire HoldingsFood Empire is a food and beverage (F&B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.Delfi LimitedDelfi manufactures and distributes branded consumer products such as chocolates and other confectionary.The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.The group reported a sterling set of earnings for 2022.Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.Net profit jumped nearly 50% year on year to US$43.9 million.A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.Sembcorp Industries LtdSembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.Excluding these, net profit still surged 87% year on year to S$883 million.The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.ISEC HealthcareISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.Net profit surged 45% year on year to S$3.4 million.The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970863771,"gmtCreate":1684285874394,"gmtModify":1684285877460,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970863771","repostId":"2336338698","repostType":2,"repost":{"id":"2336338698","kind":"highlight","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":1684268317,"share":"https://ttm.financial/m/news/2336338698?lang=&edition=fundamental","pubTime":"2023-05-17 04:18","market":"us","language":"en","title":"Wall Street Closes Lower After Home Depot Outlook, US Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2336338698","media":"Reuters","summary":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. r","content":"<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&amp;P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe&#39;s Companies Inc fell 1.16%.</p><p>&#34;You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>&#34;There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst.&#34;</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&amp;P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was &#34;comfortable&#34; with raising interest rates further if needed, but liked the &#34;optionality&#34; implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc&#39;s $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></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 Closes Lower After Home Depot Outlook, US Retail Sales</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 Closes Lower After Home Depot Outlook, US Retail Sales\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\">2023-05-17 04:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&amp;P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe&#39;s Companies Inc fell 1.16%.</p><p>&#34;You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>&#34;There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst.&#34;</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&amp;P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was &#34;comfortable&#34; with raising interest rates further if needed, but liked the &#34;optionality&#34; implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc&#39;s $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COF":"第一资本",".DJI":"道琼斯","HD":"家得宝","HZNP":"Horizon Pharma",".IXIC":"NASDAQ Composite","LOW":"劳氏",".SPX":"S&P 500 Index","AMGN":"安进"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336338698","content_text":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.\"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings,\" said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.\"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst.\"The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.Richmond Fed President Thomas Barkin said he was \"comfortable\" with raising interest rates further if needed, but liked the \"optionality\" implied in the latest policy statement.Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970103396,"gmtCreate":1684112394916,"gmtModify":1684112398496,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970103396","repostId":"1174990352","repostType":2,"repost":{"id":"1174990352","kind":"news","pubTimestamp":1684107142,"share":"https://ttm.financial/m/news/1174990352?lang=&edition=fundamental","pubTime":"2023-05-15 07:32","market":"sg","language":"en","title":"SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering","url":"https://stock-news.laohu8.com/highlight/detail?id=1174990352","media":"The Smart Investor","summary":"Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflat","content":"<html><head></head><body><p>Welcome to weekly edition of top stock market highlights.</p><h2 style=\"text-align: start;\">US inflation rate</h2><p style=\"text-align: start;\">All eyes are on the inflation rate in the US.</p><p style=\"text-align: start;\">It was just a week ago when we highlighted that the US Federal Reserve made its 10th consecutive rate hike to bring its benchmark overnight interest rate to between 5% and 5.25%.</p><p style=\"text-align: start;\">This round, inflation data came in lower than anticipated and the inflation rate showed signs of moderating.</p><p style=\"text-align: start;\">Prices rose by 4.9% year on year, dropping below the key 5% mark for the first time in two years.</p><p style=\"text-align: start;\">A narrower measure tracked by central bank officials involving services that have boomed as the pandemic’s effects fade showed even more cooling.</p><p style=\"text-align: start;\">The increase in prices for this basket of goods has increased at its slowest pace since the middle of 2022.</p><p style=\"text-align: start;\">It’s good news for investors who are worried that the US Federal Reserve will continue to increase interest rates, thereby triggering a much-feared recession.</p><p style=\"text-align: start;\">However, the central bank will need to observe more than one month of data before deciding to keep rates constant; while inflation remains above its long-term target of 2%.</p><h2 style=\"text-align: start;\">Singapore Post Limited (SGX: S08)</h2><p style=\"text-align: start;\">Singapore Post, or SingPost, released its fiscal 2023 (FY2023) earnings ending 31 March 2023.</p><p style=\"text-align: start;\">Revenue rose 12.4% year on year to S$1.87 billion but operating profit fell by 16.9% year on year to S$93.2 million because of higher expenses.</p><p style=\"text-align: start;\">Net profit plunged by 70.3% year on year to S$24.7 million because of an exceptional charge of S$7.7 million for FY2023.</p><p style=\"text-align: start;\">The loss comprised fair value losses from a put option along with merger and acquisition expenses and restructuring charges, offset by fair value gains from investment properties.</p><p style=\"text-align: start;\">The weak performance was because SingPost’s Post &amp; Parcel division reported its first-ever full-year operating loss of S$15.9 million.</p><p style=\"text-align: start;\">Management expects this division to continue to post losses for FY2024 and has initiated a strategic review to assess the commercial sustainability of the division.</p><p style=\"text-align: start;\">The reasons for the loss include a persistent decline in letter mail volume and lower e-commerce volumes because of customer re-insourcing.</p><p style=\"text-align: start;\">A final dividend of S$0.004 was proposed, taking FY2023’s dividend to S$0.0058.</p><p style=\"text-align: start;\">This total dividend was a sharp drop from the S$0.018 that was paid out in FY2022.</p><h2 style=\"text-align: start;\">Lendlease Global Commercial REIT (SGX: JYEU)</h2><p style=\"text-align: start;\">Lendlease Global Commercial REIT, or LREIT, released its fiscal 2023’s third quarter (3Q FY2023) business update where it disclosed its operating and debt metrics.</p><p style=\"text-align: start;\">The REIT’s portfolio committed occupancy stood high at 99.8% with positive rental reversions recorded for both its retail and commercial arms.</p><p style=\"text-align: start;\">Retail rental reversion came in at 3.3% while office rental reversion was a positive 4%.</p><p style=\"text-align: start;\">LREIT’s gearing ratio stood at 39.3% with a low weighted average cost of debt of 2.51%.</p><p style=\"text-align: start;\">Around 61% of the REIT’s loans are on fixed rates.</p><p style=\"text-align: start;\">There was good news on the retail front as tenant sales for 3Q FY2023 shot up more than fourfold year on year to S$202.7 million.</p><p style=\"text-align: start;\">Footfall improved from 5.8 million in the prior year to 15.4 million for the current quarter.</p><p style=\"text-align: start;\">Looking ahead, the manager plans to engage in proactive asset management to enhance LREIT’s portfolio resilience.</p><p style=\"text-align: start;\">It also plans to explore opportunities to conduct asset enhancement initiatives for organic rental income growth.</p><h2 style=\"text-align: start;\">SIA Engineering Company Ltd (SGX: S59)</h2><p style=\"text-align: start;\">SIA Engineering, or SIAEC, is seeing volumes rise sharply for both its line and base maintenance divisions as air travel returns with a bang.</p><p style=\"text-align: start;\">The group reported a commendable set of earnings for FY2023 with revenue climbing 40.6% year on year to S$796 million.</p><p style=\"text-align: start;\">Operating loss, however, came in almost 21% higher than last year at S$26.3 million because of a sharp spike in staff and material costs.</p><p style=\"text-align: start;\">Net profit dipped just slightly from S$67.6 million in FY2022 to S$66.4 million in FY2023, helped by higher interest income and lower taxation.</p><p style=\"text-align: start;\">SIAEC’s Line Maintenance division handled a total of 105,139 flights in FY2023, more than double the 47,877 a year ago.</p><p style=\"text-align: start;\">At this level, flight recovery stood at 78.7% of pre-COVID levels, a sharp improvement from just 38.1% in March 2022.</p><p style=\"text-align: start;\">Over at the Base Maintenance division, the number of light checks at SIAEC’s Singapore base jumped from 348 a year ago to 568 while heavy checks inched slightly from 93 to 94 over the same period.</p><p style=\"text-align: start;\">For Clark Base, heavy checks grew 33.3% year on year to 32 for FY2023.</p><p style=\"text-align: start;\">The group has proposed its first dividend since the onset of the pandemic with a recommended final dividend of S$0.055.</p><p style=\"text-align: start;\">Looking ahead, the pace of recovery remains uncertain but the reopening of China’s borders is positive for a full recovery.</p><p style=\"text-align: start;\">However, the risk of a global recession and higher costs could weigh on SIAEC’s results for FY2024.</p></body></html>","source":"thesmartinvestor_highlight","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>SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering</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\">\nSGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-15 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflation rate in the US.It was just a week ago when we highlighted that the US Federal Reserve made its ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTOU.SI":"宏利美国房地产投资信托"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174990352","content_text":"Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflation rate in the US.It was just a week ago when we highlighted that the US Federal Reserve made its 10th consecutive rate hike to bring its benchmark overnight interest rate to between 5% and 5.25%.This round, inflation data came in lower than anticipated and the inflation rate showed signs of moderating.Prices rose by 4.9% year on year, dropping below the key 5% mark for the first time in two years.A narrower measure tracked by central bank officials involving services that have boomed as the pandemic’s effects fade showed even more cooling.The increase in prices for this basket of goods has increased at its slowest pace since the middle of 2022.It’s good news for investors who are worried that the US Federal Reserve will continue to increase interest rates, thereby triggering a much-feared recession.However, the central bank will need to observe more than one month of data before deciding to keep rates constant; while inflation remains above its long-term target of 2%.Singapore Post Limited (SGX: S08)Singapore Post, or SingPost, released its fiscal 2023 (FY2023) earnings ending 31 March 2023.Revenue rose 12.4% year on year to S$1.87 billion but operating profit fell by 16.9% year on year to S$93.2 million because of higher expenses.Net profit plunged by 70.3% year on year to S$24.7 million because of an exceptional charge of S$7.7 million for FY2023.The loss comprised fair value losses from a put option along with merger and acquisition expenses and restructuring charges, offset by fair value gains from investment properties.The weak performance was because SingPost’s Post & Parcel division reported its first-ever full-year operating loss of S$15.9 million.Management expects this division to continue to post losses for FY2024 and has initiated a strategic review to assess the commercial sustainability of the division.The reasons for the loss include a persistent decline in letter mail volume and lower e-commerce volumes because of customer re-insourcing.A final dividend of S$0.004 was proposed, taking FY2023’s dividend to S$0.0058.This total dividend was a sharp drop from the S$0.018 that was paid out in FY2022.Lendlease Global Commercial REIT (SGX: JYEU)Lendlease Global Commercial REIT, or LREIT, released its fiscal 2023’s third quarter (3Q FY2023) business update where it disclosed its operating and debt metrics.The REIT’s portfolio committed occupancy stood high at 99.8% with positive rental reversions recorded for both its retail and commercial arms.Retail rental reversion came in at 3.3% while office rental reversion was a positive 4%.LREIT’s gearing ratio stood at 39.3% with a low weighted average cost of debt of 2.51%.Around 61% of the REIT’s loans are on fixed rates.There was good news on the retail front as tenant sales for 3Q FY2023 shot up more than fourfold year on year to S$202.7 million.Footfall improved from 5.8 million in the prior year to 15.4 million for the current quarter.Looking ahead, the manager plans to engage in proactive asset management to enhance LREIT’s portfolio resilience.It also plans to explore opportunities to conduct asset enhancement initiatives for organic rental income growth.SIA Engineering Company Ltd (SGX: S59)SIA Engineering, or SIAEC, is seeing volumes rise sharply for both its line and base maintenance divisions as air travel returns with a bang.The group reported a commendable set of earnings for FY2023 with revenue climbing 40.6% year on year to S$796 million.Operating loss, however, came in almost 21% higher than last year at S$26.3 million because of a sharp spike in staff and material costs.Net profit dipped just slightly from S$67.6 million in FY2022 to S$66.4 million in FY2023, helped by higher interest income and lower taxation.SIAEC’s Line Maintenance division handled a total of 105,139 flights in FY2023, more than double the 47,877 a year ago.At this level, flight recovery stood at 78.7% of pre-COVID levels, a sharp improvement from just 38.1% in March 2022.Over at the Base Maintenance division, the number of light checks at SIAEC’s Singapore base jumped from 348 a year ago to 568 while heavy checks inched slightly from 93 to 94 over the same period.For Clark Base, heavy checks grew 33.3% year on year to 32 for FY2023.The group has proposed its first dividend since the onset of the pandemic with a recommended final dividend of S$0.055.Looking ahead, the pace of recovery remains uncertain but the reopening of China’s borders is positive for a full recovery.However, the risk of a global recession and higher costs could weigh on SIAEC’s results for FY2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970078161,"gmtCreate":1683766714853,"gmtModify":1683766718401,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970078161","repostId":"2334272027","repostType":2,"repost":{"id":"2334272027","kind":"highlight","pubTimestamp":1683699845,"share":"https://ttm.financial/m/news/2334272027?lang=&edition=fundamental","pubTime":"2023-05-10 14:24","market":"us","language":"en","title":"Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2334272027","media":"Yahoo Finance","summary":"Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this y","content":"<html><head></head><body><p>Share repurchases, or stock buybacks, have appeared over and over in tech companies&#39; earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest.</p><p>&#34;Our main takeaway is that share buybacks don&#39;t create or destroy a lot of wealth,&#34; Guest told Yahoo Finance Live. &#34;So you might wonder, &#39;Well, why are companies repurchasing on track for more than $1 trillion this year?&#39; The benefits seem to be an opportunity for management to signal that they believe the stock is undervalued.&#34; </p><p>There are plenty of criticisms of buybacks, including that companies use them to manipulate their share prices. But those criticisms haven&#39;t been necessarily proven by the data, according to Guest. </p><p>&#34;Some argue they&#39;re associated with excessive executive compensation and that companies that buy back don&#39;t have as much cash available to take advantage of investment opportunities, thereby sacrificing growth and ultimately profitability,&#34; he said. &#34;But our evidence comparing both companies that repurchased and companies that don&#39;t repurchase shares didn&#39;t find any large-scale, on average, evidence of those things.&#34;</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0098ff3e66c2f5ea3684e4353143604d\" tg-width=\"652\" tg-height=\"582\"/></p><p>Some of the biggest buyback news of this earnings cycle came from Alphabet (GOOG, GOOGL). If Google&#39;s $70 billion buyback announcement seems big, it is — sort of, VerityData analyst Ali Ragih said.</p><p>&#34;$70 billion is slightly large for them, but not when you compare and adjust market-wide,&#34; he said. &#34;The best way to think about $70 billion is to compare against the market cap because you can better normalize market-wide. $70 billion is equal to 5.2% of the market cap at Google.&#34;</p><p>Likewise, Apple (AAPL) also announced it would buy back $90 billion in stock this week.</p><h2>Why companies buy back stock – and when they should</h2><p>So why do these companies do stock buybacks? </p><p>&#34;Repurchases have more flexibility than dividends,&#34; Guest said. &#34;They&#39;re easier to temporarily cut during downtime, and repurchasing shares reduces the amount of cash that could be misused on management&#39;s pet projects.&#34;</p><p>Another reason, Guest added, is that &#34;managers and others — the board, for example — can use repurchased shares to compensate employees. So those seem to be the benefits, as opposed to improving long-term profitability or creating additional investment opportunities.&#34;</p><p>It&#39;s worth doing buybacks when management thinks the company&#39;s valuation is low, Ragih said.</p><p>&#34;The best time to do a buyback is when the valuation is low because companies get the most bang for their buyback,&#34; he told Yahoo Finance. &#34;If Google spends $15 billion, they’d want to get the most amount of shares for that $15 billion – lower stock price will get them more shares for the same overall dollar value of spend.&#34;</p><p>It&#39;s even more worthwhile if the company in question has the cash, which Alphabet does, Ragih added.</p><p>&#34;Google has a high amount of free cash flow and not much else to spend it on, so it’s appropriate to return cash to shareholders,&#34; he said. &#34;To boil it down, after they pay for organic investments, they still have a lot of cash left each quarter. The cash balance is about $100 billion so they defer to buybacks.&#34;</p><p>However, buyback backlash has increased in recent years. Critics say that they enrich companies and executives without improving the overall economy. So over time, shareholders may see fewer buybacks if that trend continues. </p><p>&#34;If the disincentives increase — for example, if we get this 4% tax or other limits on what managers can do in terms of selling their own shares after the company has bought back shares, and other potential restrictions — then some firms might decide to retain the cash instead or switch to dividends, which both could have negative consequences,&#34; Guest said. &#34;For example, dividends, as we know, are taxed as income tax, ... whereas repurchases typically generate a capital gain. So that could create some additional costs for shareholders.&#34; </p></body></html>","source":"yahoofinance_sg","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>Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors</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\">\nTech Earnings Featured More Stock Buybacks – Here's What That Means for Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 14:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","MSFT":"微软","GOOGL":"谷歌A","META":"Meta Platforms, Inc."},"source_url":"https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2334272027","content_text":"Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest.\"Our main takeaway is that share buybacks don't create or destroy a lot of wealth,\" Guest told Yahoo Finance Live. \"So you might wonder, 'Well, why are companies repurchasing on track for more than $1 trillion this year?' The benefits seem to be an opportunity for management to signal that they believe the stock is undervalued.\" There are plenty of criticisms of buybacks, including that companies use them to manipulate their share prices. But those criticisms haven't been necessarily proven by the data, according to Guest. \"Some argue they're associated with excessive executive compensation and that companies that buy back don't have as much cash available to take advantage of investment opportunities, thereby sacrificing growth and ultimately profitability,\" he said. \"But our evidence comparing both companies that repurchased and companies that don't repurchase shares didn't find any large-scale, on average, evidence of those things.\"Some of the biggest buyback news of this earnings cycle came from Alphabet (GOOG, GOOGL). If Google's $70 billion buyback announcement seems big, it is — sort of, VerityData analyst Ali Ragih said.\"$70 billion is slightly large for them, but not when you compare and adjust market-wide,\" he said. \"The best way to think about $70 billion is to compare against the market cap because you can better normalize market-wide. $70 billion is equal to 5.2% of the market cap at Google.\"Likewise, Apple (AAPL) also announced it would buy back $90 billion in stock this week.Why companies buy back stock – and when they shouldSo why do these companies do stock buybacks? \"Repurchases have more flexibility than dividends,\" Guest said. \"They're easier to temporarily cut during downtime, and repurchasing shares reduces the amount of cash that could be misused on management's pet projects.\"Another reason, Guest added, is that \"managers and others — the board, for example — can use repurchased shares to compensate employees. So those seem to be the benefits, as opposed to improving long-term profitability or creating additional investment opportunities.\"It's worth doing buybacks when management thinks the company's valuation is low, Ragih said.\"The best time to do a buyback is when the valuation is low because companies get the most bang for their buyback,\" he told Yahoo Finance. \"If Google spends $15 billion, they’d want to get the most amount of shares for that $15 billion – lower stock price will get them more shares for the same overall dollar value of spend.\"It's even more worthwhile if the company in question has the cash, which Alphabet does, Ragih added.\"Google has a high amount of free cash flow and not much else to spend it on, so it’s appropriate to return cash to shareholders,\" he said. \"To boil it down, after they pay for organic investments, they still have a lot of cash left each quarter. The cash balance is about $100 billion so they defer to buybacks.\"However, buyback backlash has increased in recent years. Critics say that they enrich companies and executives without improving the overall economy. So over time, shareholders may see fewer buybacks if that trend continues. \"If the disincentives increase — for example, if we get this 4% tax or other limits on what managers can do in terms of selling their own shares after the company has bought back shares, and other potential restrictions — then some firms might decide to retain the cash instead or switch to dividends, which both could have negative consequences,\" Guest said. \"For example, dividends, as we know, are taxed as income tax, ... whereas repurchases typically generate a capital gain. So that could create some additional costs for shareholders.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970000313,"gmtCreate":1683680493633,"gmtModify":1683680497433,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970000313","repostId":"1159009542","repostType":2,"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947719581,"gmtCreate":1683596978043,"gmtModify":1683596981627,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947719581","repostId":"1183259915","repostType":2,"repost":{"id":"1183259915","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1683593081,"share":"https://ttm.financial/m/news/1183259915?lang=&edition=fundamental","pubTime":"2023-05-09 08:44","market":"sg","language":"en","title":"Singapore Stocks to Watch: SIA Engineering, Paragon Reit, Riverstone, Plato Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=1183259915","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (May 9):</p><p><a href=\"https://laohu8.com/S/S59.SI\">SIA Engineering</a>: AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) recorded a 20.4 per cent fall in net profit to S$33.9 million for the six months ended Mar 31, 2023, from S$42.6 million the year before.</p><p style=\"text-align: start;\">This is while revenue for the second half rose 43.4 per cent to S$433.8 million, from S$302.6 million a year earlier, as an increase in flight activities continued to drive demand for aircraft maintenance and overhaul services, said the mainboard-listed company in a regulatory filing on Monday (May 8) night.</p><p style=\"text-align: start;\">While the recovery of flight activities following the lifting of pandemic-era border restrictions have led to a pick-up in demand for maintenance and overhaul services, the group saw expenditure rise by 39.9 per cent due to the progressive step-down of government wage support, as well as higher manpower and material costs.</p><p><a href=\"https://laohu8.com/S/SK6U.SI\">Paragon Reit</a>: PARAGON Reit reported on Monday (May 8) a 0.6 per cent year-on-year increase in first-quarter gross revenue for its portfolio on the back of higher revenue both in Singapore and Australia.</p><p style=\"text-align: start;\">In a business update filed on the Singapore Exchange, the real estate investment trust’s manager said that portfolio gross revenue had increased to S$72 million for the three months ended Mar 31, 2023, from S$71.6 million in the year-ago period.</p><p style=\"text-align: start;\">In local currency terms, Singapore assets gross revenue grew 0.7 per cent on year, while Australia assets gross revenue rose 8.1 per cent year on year, the manager said. However, the Australian dollar had a weaker exchange rate against the Singapore dollar in Q1 FY23 compared to a year earlier.</p><p><a href=\"https://laohu8.com/S/AP4.SI\">Riverstone</a>: MALAYSIAN glovemaker posted a 57 per cent drop in net profit to RM46.7 million (S$13.9 million) for the first quarter ended Mar 31, 2023, from RM108.7 million in the year-ago period.</p><p style=\"text-align: start;\">This was mainly due to higher cost of sales and lower average selling prices of healthcare gloves, the mainboard-listed company said in a regulatory filing on Monday (May 8).</p><p style=\"text-align: start;\">Earnings per share stood at 3.15 sen for the first quarter, down from 7.34 sen in the previous year.</p><p><a href=\"https://laohu8.com/S/YYN.SI\">Plato Capital</a>: CATALIST-LISTED Plato Capital said on Monday (May 8) that its 70 per cent subsidiary, Positive Carry, has entered into a conditional sale-and-purchase agreement (SPA) to sell its 27 per cent stake in TYK Capital to a Singapore-based private equity firm for a consideration of RM120 million (S$35.8 million).</p><p style=\"text-align: start;\">In a bourse filing, Plato Capital said that its 70 per cent share of the sale consideration will be RM84 million. The disposal is expected to result in a gain to the group of around S$18.6 million, Plato Capital said. Its share of the carrying amount of Positive Carry’s investment in TYK was S$6.5 million as at Dec 31, 2022.</p><p style=\"text-align: start;\">Plato Capital previously said in January that it had received a non-binding offer for the TYK stake. It announced on Monday that the buyer is Enzo II Holdings, a special-purpose vehicle managed by Singapore-based private equity firm PrimeMovers Equity (S). The buyer is an existing shareholder of TYK.</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>Singapore Stocks to Watch: SIA Engineering, Paragon Reit, Riverstone, Plato Capital</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\">\nSingapore Stocks to Watch: SIA Engineering, Paragon Reit, Riverstone, Plato Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-09 08:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (May 9):</p><p><a href=\"https://laohu8.com/S/S59.SI\">SIA Engineering</a>: AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) recorded a 20.4 per cent fall in net profit to S$33.9 million for the six months ended Mar 31, 2023, from S$42.6 million the year before.</p><p style=\"text-align: start;\">This is while revenue for the second half rose 43.4 per cent to S$433.8 million, from S$302.6 million a year earlier, as an increase in flight activities continued to drive demand for aircraft maintenance and overhaul services, said the mainboard-listed company in a regulatory filing on Monday (May 8) night.</p><p style=\"text-align: start;\">While the recovery of flight activities following the lifting of pandemic-era border restrictions have led to a pick-up in demand for maintenance and overhaul services, the group saw expenditure rise by 39.9 per cent due to the progressive step-down of government wage support, as well as higher manpower and material costs.</p><p><a href=\"https://laohu8.com/S/SK6U.SI\">Paragon Reit</a>: PARAGON Reit reported on Monday (May 8) a 0.6 per cent year-on-year increase in first-quarter gross revenue for its portfolio on the back of higher revenue both in Singapore and Australia.</p><p style=\"text-align: start;\">In a business update filed on the Singapore Exchange, the real estate investment trust’s manager said that portfolio gross revenue had increased to S$72 million for the three months ended Mar 31, 2023, from S$71.6 million in the year-ago period.</p><p style=\"text-align: start;\">In local currency terms, Singapore assets gross revenue grew 0.7 per cent on year, while Australia assets gross revenue rose 8.1 per cent year on year, the manager said. However, the Australian dollar had a weaker exchange rate against the Singapore dollar in Q1 FY23 compared to a year earlier.</p><p><a href=\"https://laohu8.com/S/AP4.SI\">Riverstone</a>: MALAYSIAN glovemaker posted a 57 per cent drop in net profit to RM46.7 million (S$13.9 million) for the first quarter ended Mar 31, 2023, from RM108.7 million in the year-ago period.</p><p style=\"text-align: start;\">This was mainly due to higher cost of sales and lower average selling prices of healthcare gloves, the mainboard-listed company said in a regulatory filing on Monday (May 8).</p><p style=\"text-align: start;\">Earnings per share stood at 3.15 sen for the first quarter, down from 7.34 sen in the previous year.</p><p><a href=\"https://laohu8.com/S/YYN.SI\">Plato Capital</a>: CATALIST-LISTED Plato Capital said on Monday (May 8) that its 70 per cent subsidiary, Positive Carry, has entered into a conditional sale-and-purchase agreement (SPA) to sell its 27 per cent stake in TYK Capital to a Singapore-based private equity firm for a consideration of RM120 million (S$35.8 million).</p><p style=\"text-align: start;\">In a bourse filing, Plato Capital said that its 70 per cent share of the sale consideration will be RM84 million. The disposal is expected to result in a gain to the group of around S$18.6 million, Plato Capital said. Its share of the carrying amount of Positive Carry’s investment in TYK was S$6.5 million as at Dec 31, 2022.</p><p style=\"text-align: start;\">Plato Capital previously said in January that it had received a non-binding offer for the TYK stake. It announced on Monday that the buyer is Enzo II Holdings, a special-purpose vehicle managed by Singapore-based private equity firm PrimeMovers Equity (S). The buyer is an existing shareholder of TYK.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YYN.SI":"帕拉图资本","SK6U.SI":"百利宫房地产投资信托","AP4.SI":"立合斯顿","S59.SI":"新航工程"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183259915","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (May 9):SIA Engineering: AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) recorded a 20.4 per cent fall in net profit to S$33.9 million for the six months ended Mar 31, 2023, from S$42.6 million the year before.This is while revenue for the second half rose 43.4 per cent to S$433.8 million, from S$302.6 million a year earlier, as an increase in flight activities continued to drive demand for aircraft maintenance and overhaul services, said the mainboard-listed company in a regulatory filing on Monday (May 8) night.While the recovery of flight activities following the lifting of pandemic-era border restrictions have led to a pick-up in demand for maintenance and overhaul services, the group saw expenditure rise by 39.9 per cent due to the progressive step-down of government wage support, as well as higher manpower and material costs.Paragon Reit: PARAGON Reit reported on Monday (May 8) a 0.6 per cent year-on-year increase in first-quarter gross revenue for its portfolio on the back of higher revenue both in Singapore and Australia.In a business update filed on the Singapore Exchange, the real estate investment trust’s manager said that portfolio gross revenue had increased to S$72 million for the three months ended Mar 31, 2023, from S$71.6 million in the year-ago period.In local currency terms, Singapore assets gross revenue grew 0.7 per cent on year, while Australia assets gross revenue rose 8.1 per cent year on year, the manager said. However, the Australian dollar had a weaker exchange rate against the Singapore dollar in Q1 FY23 compared to a year earlier.Riverstone: MALAYSIAN glovemaker posted a 57 per cent drop in net profit to RM46.7 million (S$13.9 million) for the first quarter ended Mar 31, 2023, from RM108.7 million in the year-ago period.This was mainly due to higher cost of sales and lower average selling prices of healthcare gloves, the mainboard-listed company said in a regulatory filing on Monday (May 8).Earnings per share stood at 3.15 sen for the first quarter, down from 7.34 sen in the previous year.Plato Capital: CATALIST-LISTED Plato Capital said on Monday (May 8) that its 70 per cent subsidiary, Positive Carry, has entered into a conditional sale-and-purchase agreement (SPA) to sell its 27 per cent stake in TYK Capital to a Singapore-based private equity firm for a consideration of RM120 million (S$35.8 million).In a bourse filing, Plato Capital said that its 70 per cent share of the sale consideration will be RM84 million. The disposal is expected to result in a gain to the group of around S$18.6 million, Plato Capital said. Its share of the carrying amount of Positive Carry’s investment in TYK was S$6.5 million as at Dec 31, 2022.Plato Capital previously said in January that it had received a non-binding offer for the TYK stake. It announced on Monday that the buyer is Enzo II Holdings, a special-purpose vehicle managed by Singapore-based private equity firm PrimeMovers Equity (S). The buyer is an existing shareholder of TYK.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947411275,"gmtCreate":1683466712797,"gmtModify":1683466716584,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947411275","repostId":"1192841496","repostType":2,"repost":{"id":"1192841496","kind":"news","pubTimestamp":1683445640,"share":"https://ttm.financial/m/news/1192841496?lang=&edition=fundamental","pubTime":"2023-05-07 15:47","market":"us","language":"en","title":"5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1192841496","media":"24/7 Wall St.","summary":"So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as ","content":"<html><head></head><body><p>So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&amp;P 500 and the Nasdaq are from a few mega-cap tech stocks. The tech-heavy Nasdaq is still up a strong 14.33%, while the old-school Dow Jones industrial average is flat year to date. That disparity should be tantalizing for concerned investors.</p><p>With more banks failing, and interest rates still rising (the Federal Reserve lifted the federal funds rate on Wednesday to 5.00% to 5.25%, the highest level in 17 years), many investors are getting nervous, and rightfully so. With the bank issues and the debt limit ceiling about to be reached by June, it is time to take profits on the mega-cap winners and move to safer old-school stocks that can survive a downturn in the economy.</p><p style=\"text-align: start;\">We screened the venerable Dow Jones industrials looking for the best values and companies that paid dependable dividends. The following five top stocks hit our screen, and all are rated Buy across Wall Street. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a></h2><p style=\"text-align: start;\">This biotech giant remains a safer way to play the massive potential growth in biosimilars. Amgen Inc. (<strong>NASDAQ: AMGN</strong>) discovers, develops, manufactures and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience.</p><p style=\"text-align: start;\">The company’s products include:</p><ul><li><p>Enbrel to treat plaque psoriasis, rheumatoid arthritis and psoriatic arthritis</p></li><li><p>Neulasta reduces the chance of infection due to a low white blood cell count in patients with cancer</p></li><li><p>Prolia to treat postmenopausal women with osteoporosis</p></li><li><p>Xgeva for skeletal-related events prevention</p></li><li><p>Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis and oral ulcers associated with Behcet’s disease</p></li><li><p>Aranesp to treat a lower-than-normal number of red blood cells and anemia</p></li><li><p>Kyprolis to treat patients with relapsed or refractory multiple myeloma</p></li><li><p>Repatha, which reduces the risks of myocardial infarction, stroke and coronary revascularization</p></li></ul><p style=\"text-align: start;\">Shareholders receive a 3.61% dividend. Goldman Sachs has a $290 target price on Amgen stock. The consensus target is just $256.57.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CVX\">Chevron</a></h2><p style=\"text-align: start;\">This integrated giant is a safer way for investors looking to get positioned in the energy sector, and the shares have backed up nicely. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp.</a> engages in integrated energy and chemicals operations worldwide. The company operates in two segments.</p><p>Chevron’s Upstream segment is involved in the exploration, development, production and transportation of crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage and marketing of natural gas. It also operates a gas-to-liquids plant.</p><p>The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations, real estate activities and technology businesses.</p><p style=\"text-align: start;\">Chevron posted stellar first-quarter results and remains one of the best ways to play energy safely.</p><p style=\"text-align: start;\">The company sports a 3.77% dividend. Raymond James has its target price set at $208. Chevron stock has a consensus target of $191.96.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/HD\">Home Depot</a></h2><p style=\"text-align: start;\">This remains the undisputed leader in the home improvement retail category. Home Depot Inc. (HD) is the world’s largest home improvement specialty retailer, with 2,270 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.</p><p style=\"text-align: start;\">Home Depot stores sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance and professional service programs to do-it-yourself, do-it-for-me and professional customers.</p><p style=\"text-align: start;\">Shares of Home Depot make sense for investors looking for a retail idea that stays in favor all year long. The home improvement giant is a solid addition to growth and income portfolios.</p><p style=\"text-align: start;\">Investors receive a 2.81% dividend. Cowen’s $360 price target is well above the $325.88 consensus target.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/VZ\">Verizon</a></h2><p style=\"text-align: start;\">This top telecommunications stock offers tremendous value at current levels. <a href=\"https://laohu8.com/S/VZ\">Verizon Communications Inc.</a> provides communications, technology, information and entertainment products and services to consumers, businesses and governmental entities worldwide.</p><p style=\"text-align: start;\">The Verizon Consumer Group provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements, and it offers fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as the District of Columbia, through its fiber-optic network, Verizon Fios product portfolio and a copper-based network.</p><p>The Verizon Business Group provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks.</p><p>Verizon Communications stock comes with a 6.87% dividend. The $49 Cowen target price compares with a consensus target of $43.79 and Thursday’s $37.35 closing share price.</p><h2><a href=\"https://laohu8.com/S/WBA\">Walgreens</a></h2><p>This huge drugstore chain operator is a safe retail play for investors looking to add health care now, and it trades at a cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance Inc. (WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.</p><p style=\"text-align: start;\">The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.</p><p style=\"text-align: start;\">The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.</p><p style=\"text-align: start;\">The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.</p><p style=\"text-align: start;\">The dividend yield here is 5.73%. Walgreens Boots Alliance stock has a $46 target price at Deutsche Bank. The consensus target is $40.57.</p></body></html>","source":"lsy1636345238431","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>5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now</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\">\n5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-07 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/><strong>24/7 Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&P 500 and the Nasdaq are from a ...</p>\n\n<a href=\"https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VZ":"威瑞森","AMGN":"安进","CVX":"雪佛龙","WBA":"沃尔格林联合博姿","HD":"家得宝"},"source_url":"https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192841496","content_text":"So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&P 500 and the Nasdaq are from a few mega-cap tech stocks. The tech-heavy Nasdaq is still up a strong 14.33%, while the old-school Dow Jones industrial average is flat year to date. That disparity should be tantalizing for concerned investors.With more banks failing, and interest rates still rising (the Federal Reserve lifted the federal funds rate on Wednesday to 5.00% to 5.25%, the highest level in 17 years), many investors are getting nervous, and rightfully so. With the bank issues and the debt limit ceiling about to be reached by June, it is time to take profits on the mega-cap winners and move to safer old-school stocks that can survive a downturn in the economy.We screened the venerable Dow Jones industrials looking for the best values and companies that paid dependable dividends. The following five top stocks hit our screen, and all are rated Buy across Wall Street. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.AmgenThis biotech giant remains a safer way to play the massive potential growth in biosimilars. Amgen Inc. (NASDAQ: AMGN) discovers, develops, manufactures and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience.The company’s products include:Enbrel to treat plaque psoriasis, rheumatoid arthritis and psoriatic arthritisNeulasta reduces the chance of infection due to a low white blood cell count in patients with cancerProlia to treat postmenopausal women with osteoporosisXgeva for skeletal-related events preventionOtezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis and oral ulcers associated with Behcet’s diseaseAranesp to treat a lower-than-normal number of red blood cells and anemiaKyprolis to treat patients with relapsed or refractory multiple myelomaRepatha, which reduces the risks of myocardial infarction, stroke and coronary revascularizationShareholders receive a 3.61% dividend. Goldman Sachs has a $290 target price on Amgen stock. The consensus target is just $256.57.ChevronThis integrated giant is a safer way for investors looking to get positioned in the energy sector, and the shares have backed up nicely. Chevron Corp. engages in integrated energy and chemicals operations worldwide. The company operates in two segments.Chevron’s Upstream segment is involved in the exploration, development, production and transportation of crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage and marketing of natural gas. It also operates a gas-to-liquids plant.The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations, real estate activities and technology businesses.Chevron posted stellar first-quarter results and remains one of the best ways to play energy safely.The company sports a 3.77% dividend. Raymond James has its target price set at $208. Chevron stock has a consensus target of $191.96.Home DepotThis remains the undisputed leader in the home improvement retail category. Home Depot Inc. (HD) is the world’s largest home improvement specialty retailer, with 2,270 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.Home Depot stores sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance and professional service programs to do-it-yourself, do-it-for-me and professional customers.Shares of Home Depot make sense for investors looking for a retail idea that stays in favor all year long. The home improvement giant is a solid addition to growth and income portfolios.Investors receive a 2.81% dividend. Cowen’s $360 price target is well above the $325.88 consensus target.VerizonThis top telecommunications stock offers tremendous value at current levels. Verizon Communications Inc. provides communications, technology, information and entertainment products and services to consumers, businesses and governmental entities worldwide.The Verizon Consumer Group provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements, and it offers fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as the District of Columbia, through its fiber-optic network, Verizon Fios product portfolio and a copper-based network.The Verizon Business Group provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks.Verizon Communications stock comes with a 6.87% dividend. The $49 Cowen target price compares with a consensus target of $43.79 and Thursday’s $37.35 closing share price.WalgreensThis huge drugstore chain operator is a safe retail play for investors looking to add health care now, and it trades at a cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance Inc. (WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.The dividend yield here is 5.73%. Walgreens Boots Alliance stock has a $46 target price at Deutsche Bank. The consensus target is $40.57.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947574893,"gmtCreate":1683365091313,"gmtModify":1683365095326,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947574893","repostId":"2333343439","repostType":2,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947530183,"gmtCreate":1683269145542,"gmtModify":1683269149355,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947530183","repostId":"2333153981","repostType":2,"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947295420,"gmtCreate":1683164951061,"gmtModify":1683164955122,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947295420","repostId":"1176940913","repostType":2,"repost":{"id":"1176940913","kind":"news","pubTimestamp":1683163380,"share":"https://ttm.financial/m/news/1176940913?lang=&edition=fundamental","pubTime":"2023-05-04 09:23","market":"us","language":"en","title":"Debt-Limit Breach Could Kill Millions of Jobs, White House Economists Warn","url":"https://stock-news.laohu8.com/highlight/detail?id=1176940913","media":"Bloomberg","summary":"Prolonged default would see markets crater, GDP plummetEven brief default would see jobs lost, econo","content":"<html><head></head><body><ul><li><p>Prolonged default would see markets crater, GDP plummet</p></li><li><p>Even brief default would see jobs lost, economic advisers say</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a463442545b16b6548e1613152197897\" alt=\"A factory worker assembles a wooden cabinet drawer at a wood shop in Auburn, Kentucky.  Photographer: Luke Sharrett/Bloomberg\" title=\"A factory worker assembles a wooden cabinet drawer at a wood shop in Auburn, Kentucky.  Photographer: Luke Sharrett/Bloomberg\" tg-width=\"1000\" tg-height=\"667\"/><span>A factory worker assembles a wooden cabinet drawer at a wood shop in Auburn, Kentucky.  Photographer: Luke Sharrett/Bloomberg</span></p><p style=\"text-align: start;\">The White House warned ahead of President Joe Biden’s meeting Tuesday with congressional leaders that a breach of the debt ceiling would “likely cause severe damage to the US economy” and that a protracted default could result in millions of jobs lost.</p><p style=\"text-align: start;\">A short default would see half a million jobs lost and unemployment rise by 0.3% while knocking 0.6% off annual GDP, according to a Council of Economic Advisers analysis released Wednesday. A protracted default lasting a full fiscal quarter would see the stock market plummet 45%, GDP fall by 6.1%, and unemployment rise five percentage points, the White House estimated.</p><p style=\"text-align: start;\">“Because the government would be unable to enact counter-cyclical measures in a breach-induced recession, there would be limited policy options to help buffer the impact on households and businesses,” the CEA report said.</p><p>The White House’s warnings come as Washington is gripped with drama over efforts to raise the current statutory limit of $31.4 trillion in debt, with the Treasury Department saying that extraordinary measures used to avoid default may be exhausted as soon as June 1. Biden has said he is unwilling to offer concessions over raising the debt ceiling, accusing Republican lawmakers of holding the nation’s economy hostage, while House Speaker Kevin McCarthy has said the GOP will not pass an extension without spending cuts.</p><p style=\"text-align: start;\">The standoff seems certain to linger into the month – and White House economists warn the brinkmanship alone could take a toll on the economy. Increased insurance premiums on US debt and volatility in equity and corporate bond markets could prompt the loss of 200,000 jobs, the CEA estimates.</p><p style=\"text-align: start;\">“We have already seen evidence of significant market stress correlated with debt-ceiling tensions,” the White House said in the report.</p><p>Earlier Wednesday, White House spokeswoman Karine Jean-Pierre refused to rule out the administration taking unprecedented steps – including invoking a provision of the 14th Amendment protecting public debt – to avoid a default, while saying the administration believed the onus remained on Congress to pass legislation.</p><p style=\"text-align: start;\">“We’re not going to entertain scenarios where Congress compromises the full credit, the full faith and credit of the United States,” Jean-Pierre said.</p><p style=\"text-align: start;\">On Capitol Hill, Democrats were exploring whether they could recruit moderate Republicans to join them for a discharge petition, which would circumvent McCarthy to force action on legislation raising the debt ceiling.</p><p style=\"text-align: start;\">But both options are seen as long shots, focusing attention on Tuesday’s meeting with Biden, McCarthy, Senate Majority Leader Chuck Schumer, and Senate Minority Leader Mitch McConnell.</p></body></html>","source":"lsy1584095487587","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>Debt-Limit Breach Could Kill Millions of Jobs, White House Economists Warn</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; 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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\">\nDebt-Limit Breach Could Kill Millions of Jobs, White House Economists Warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-04 09:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-03/white-house-warns-debt-limit-breach-could-kill-millions-of-jobs?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prolonged default would see markets crater, GDP plummetEven brief default would see jobs lost, economic advisers sayA factory worker assembles a wooden cabinet drawer at a wood shop in Auburn, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-03/white-house-warns-debt-limit-breach-could-kill-millions-of-jobs?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-03/white-house-warns-debt-limit-breach-could-kill-millions-of-jobs?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176940913","content_text":"Prolonged default would see markets crater, GDP plummetEven brief default would see jobs lost, economic advisers sayA factory worker assembles a wooden cabinet drawer at a wood shop in Auburn, Kentucky.  Photographer: Luke Sharrett/BloombergThe White House warned ahead of President Joe Biden’s meeting Tuesday with congressional leaders that a breach of the debt ceiling would “likely cause severe damage to the US economy” and that a protracted default could result in millions of jobs lost.A short default would see half a million jobs lost and unemployment rise by 0.3% while knocking 0.6% off annual GDP, according to a Council of Economic Advisers analysis released Wednesday. A protracted default lasting a full fiscal quarter would see the stock market plummet 45%, GDP fall by 6.1%, and unemployment rise five percentage points, the White House estimated.“Because the government would be unable to enact counter-cyclical measures in a breach-induced recession, there would be limited policy options to help buffer the impact on households and businesses,” the CEA report said.The White House’s warnings come as Washington is gripped with drama over efforts to raise the current statutory limit of $31.4 trillion in debt, with the Treasury Department saying that extraordinary measures used to avoid default may be exhausted as soon as June 1. Biden has said he is unwilling to offer concessions over raising the debt ceiling, accusing Republican lawmakers of holding the nation’s economy hostage, while House Speaker Kevin McCarthy has said the GOP will not pass an extension without spending cuts.The standoff seems certain to linger into the month – and White House economists warn the brinkmanship alone could take a toll on the economy. Increased insurance premiums on US debt and volatility in equity and corporate bond markets could prompt the loss of 200,000 jobs, the CEA estimates.“We have already seen evidence of significant market stress correlated with debt-ceiling tensions,” the White House said in the report.Earlier Wednesday, White House spokeswoman Karine Jean-Pierre refused to rule out the administration taking unprecedented steps – including invoking a provision of the 14th Amendment protecting public debt – to avoid a default, while saying the administration believed the onus remained on Congress to pass legislation.“We’re not going to entertain scenarios where Congress compromises the full credit, the full faith and credit of the United States,” Jean-Pierre said.On Capitol Hill, Democrats were exploring whether they could recruit moderate Republicans to join them for a discharge petition, which would circumvent McCarthy to force action on legislation raising the debt ceiling.But both options are seen as long shots, focusing attention on Tuesday’s meeting with Biden, McCarthy, Senate Majority Leader Chuck Schumer, and Senate Minority Leader Mitch McConnell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947669238,"gmtCreate":1683075890425,"gmtModify":1683075894178,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947669238","repostId":"1163848198","repostType":2,"repost":{"id":"1163848198","kind":"news","pubTimestamp":1683073891,"share":"https://ttm.financial/m/news/1163848198?lang=&edition=fundamental","pubTime":"2023-05-03 08:31","market":"us","language":"en","title":"ChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1163848198","media":"Motley Fool","summary":"Chegg blamed ChatGPT for a slowdown in new user growth. Here's what it could mean for other companies potentially affected by the technology.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Chegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.</p></li><li><p>This appears to be the first large-scale sell-off in response to the ChatGPT disruption.</p></li><li><p>The move holds significant implications for a wide range of industries, including law and education.</p></li></ul><p>ChatGPT has claimed its first scalp.</p><p style=\"text-align: start;\">Shares of <strong>Chegg </strong>were cut in half Tuesday after the education technology company known for renting textbooks and helping students with their homework said new user growth ran into a wall due to OpenAI&#39;s new chatbot.</p><p style=\"text-align: start;\">On the earnings call, Chegg CEO Dan Rosensweig said:</p><blockquote><em>In the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth, and we were meeting expectations on new sign-ups. However, since March, we saw a significant spike in student interest in ChatGPT. We now believe it&#39;s having an impact on our new customer growth.</em></blockquote><p>The comments seemed to be the first time a company revealed that ChatGPT was having a major impact on its growth, and Wall Street was quick to reassess Chegg stock, a sign that there are likely to be more stock market victims of the new technology.</p><p style=\"text-align: start;\">Let&#39;s take a look at three other stocks that are potentially in ChatGPT&#39;s firing line.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcb877fd5fbd20ffe004830b03a77bb\" alt=\"IMAGE SOURCE: GETTY IMAGES.\" title=\"IMAGE SOURCE: GETTY IMAGES.\" tg-width=\"700\" tg-height=\"466\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><h2 style=\"text-align: start;\">1. Alphabet</h2><p style=\"text-align: start;\">It&#39;s no secret that ChatGPT has its sights set on <strong>Alphabet&#39;s </strong>Google Search.</p><p style=\"text-align: start;\"><strong>Microsoft,</strong> which has invested an estimated $13 billion in OpenAI, has already rolled out a new version of Bing, featuring ChatGPT-like capabilities, which it said gained market share in the March quarter. According to <em>The New York Times</em>, Alphabet called a &#34;code red&#34; in response to ChatGPT&#39;s release as well, and founders Larry Page and Sergey Brin have come out of retirement to pitch in on strategy to help the company fight back against the new threat.</p><p>The tech giant has launched its own AI-powered chatbot called Bard. However, public opinion seems to have cast it as an also-ran next to ChatGPT. Alphabet CEO Sundar Pichai has said a better large language model (LLM) was coming to Bard to improve its results, admitting of Bard&#39;s launch, &#34;I feel like we took a souped-up Civic and kind of put it in a race with more powerful cars.&#34;</p><p style=\"text-align: start;\">While much of the investor attention has been focused on the new battle between Google and Bing in search, it&#39;s worth recognizing that ChatGPT is, in and of itself, a direct threat to Google, as it can give clear answers for many of Google&#39;s most popular search verticals like recipes, travel itineraries, home improvement tips, and medical advice.</p><p>Alphabet&#39;s first-quarter earnings report didn&#39;t give any indication that it was losing market share to Bing or ChatGPT, but the threat from the new chatbot is clear, as Alphabet&#39;s own response makes evident.</p><h2 style=\"text-align: start;\">2. LegalZoom</h2><p style=\"text-align: start;\">Of the many industries under threat from ChatGPT and generative AI, the legal industry seems to be one of the biggest.</p><p style=\"text-align: start;\">Already, some pundits are forecasting significant disruptions in the legal industry, especially in areas like contracts and research, as the chatbot can write and assist with legal contracts and can digest large amounts of information and summarize it clearly for a legal brief. ChatGPT has also passed the bar exam, showing it has the knowledge and understanding necessary to be a lawyer.</p><p>If the generative AI tech gains adoption inside the legal industry or with those who would typically pay for help with a contract or a small legal matter, one company at risk is <strong>LegalZoom</strong>, a tech platform that helps people with low-level legal matters like business formations, estate planning, patent applications, and others.</p><p>LegalZoom hasn&#39;t yet reported first-quarter earnings, but the market seems to believe that the news from Chegg could hold implications for it, as the stock fell as much as 8% on Tuesday, even though there was no related news.</p><h2 style=\"text-align: start;\">3. Duolingo</h2><p style=\"text-align: start;\">Another education stock that could get steamrolled by ChatGPT is <strong>Duolingo</strong>, the popular language-learning app. </p><p>Some language learners have raved about ChatGPT&#39;s capabilities, as the AI technology can guide users in areas like vocabulary, grammar, conversation, and reading comprehension.</p><p style=\"text-align: start;\">Seemingly aware of the threat from ChatGPT, Duolingo has already integrated the GPT-4 LLM into its new program, Duolingo Max, a subscription tier above Super Duolingo. Duolingo also said it&#39;s been working closely with OpenAI for months on the product, which launched in March.</p><p style=\"text-align: start;\">Like most other service providers threatened by ChatGPT, the test for Duolingo will be if customers prefer to pay it for a neatly packaged product featuring ChatGPT technology, or if they&#39;d rather go straight to the source and learn directly from ChatGPT for free, which could require more work from the user. </p><p>Duolingo is also set to report earnings next week, and like LegalZoom, investors seem to fear it could be exposed to the same risk as Chegg, as the stock fell as much as 10% on Tuesday.</p><p style=\"text-align: start;\">As the market&#39;s response to the Chegg update shows, the fallout from the impact of the new AI chatbot is likely only just beginning. Investors should be wary of these three stocks and any others already threatened by the new generative AI. </p><p></p><p></p><p></p></body></html>","source":"fool_stock","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>ChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next</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\">\nChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-03 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSChegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.This appears to be the first large-scale sell-off in response to the ChatGPT disruption.The move holds...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LZ":"LegalZoom.com, Inc","GOOG":"谷歌","GOOGL":"谷歌A","CHGG":"Chegg Inc","DUOL":"多邻国"},"source_url":"https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163848198","content_text":"KEY POINTSChegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.This appears to be the first large-scale sell-off in response to the ChatGPT disruption.The move holds significant implications for a wide range of industries, including law and education.ChatGPT has claimed its first scalp.Shares of Chegg were cut in half Tuesday after the education technology company known for renting textbooks and helping students with their homework said new user growth ran into a wall due to OpenAI's new chatbot.On the earnings call, Chegg CEO Dan Rosensweig said:In the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth, and we were meeting expectations on new sign-ups. However, since March, we saw a significant spike in student interest in ChatGPT. We now believe it's having an impact on our new customer growth.The comments seemed to be the first time a company revealed that ChatGPT was having a major impact on its growth, and Wall Street was quick to reassess Chegg stock, a sign that there are likely to be more stock market victims of the new technology.Let's take a look at three other stocks that are potentially in ChatGPT's firing line.IMAGE SOURCE: GETTY IMAGES.1. AlphabetIt's no secret that ChatGPT has its sights set on Alphabet's Google Search.Microsoft, which has invested an estimated $13 billion in OpenAI, has already rolled out a new version of Bing, featuring ChatGPT-like capabilities, which it said gained market share in the March quarter. According to The New York Times, Alphabet called a \"code red\" in response to ChatGPT's release as well, and founders Larry Page and Sergey Brin have come out of retirement to pitch in on strategy to help the company fight back against the new threat.The tech giant has launched its own AI-powered chatbot called Bard. However, public opinion seems to have cast it as an also-ran next to ChatGPT. Alphabet CEO Sundar Pichai has said a better large language model (LLM) was coming to Bard to improve its results, admitting of Bard's launch, \"I feel like we took a souped-up Civic and kind of put it in a race with more powerful cars.\"While much of the investor attention has been focused on the new battle between Google and Bing in search, it's worth recognizing that ChatGPT is, in and of itself, a direct threat to Google, as it can give clear answers for many of Google's most popular search verticals like recipes, travel itineraries, home improvement tips, and medical advice.Alphabet's first-quarter earnings report didn't give any indication that it was losing market share to Bing or ChatGPT, but the threat from the new chatbot is clear, as Alphabet's own response makes evident.2. LegalZoomOf the many industries under threat from ChatGPT and generative AI, the legal industry seems to be one of the biggest.Already, some pundits are forecasting significant disruptions in the legal industry, especially in areas like contracts and research, as the chatbot can write and assist with legal contracts and can digest large amounts of information and summarize it clearly for a legal brief. ChatGPT has also passed the bar exam, showing it has the knowledge and understanding necessary to be a lawyer.If the generative AI tech gains adoption inside the legal industry or with those who would typically pay for help with a contract or a small legal matter, one company at risk is LegalZoom, a tech platform that helps people with low-level legal matters like business formations, estate planning, patent applications, and others.LegalZoom hasn't yet reported first-quarter earnings, but the market seems to believe that the news from Chegg could hold implications for it, as the stock fell as much as 8% on Tuesday, even though there was no related news.3. DuolingoAnother education stock that could get steamrolled by ChatGPT is Duolingo, the popular language-learning app. Some language learners have raved about ChatGPT's capabilities, as the AI technology can guide users in areas like vocabulary, grammar, conversation, and reading comprehension.Seemingly aware of the threat from ChatGPT, Duolingo has already integrated the GPT-4 LLM into its new program, Duolingo Max, a subscription tier above Super Duolingo. Duolingo also said it's been working closely with OpenAI for months on the product, which launched in March.Like most other service providers threatened by ChatGPT, the test for Duolingo will be if customers prefer to pay it for a neatly packaged product featuring ChatGPT technology, or if they'd rather go straight to the source and learn directly from ChatGPT for free, which could require more work from the user. Duolingo is also set to report earnings next week, and like LegalZoom, investors seem to fear it could be exposed to the same risk as Chegg, as the stock fell as much as 10% on Tuesday.As the market's response to the Chegg update shows, the fallout from the impact of the new AI chatbot is likely only just beginning. Investors should be wary of these three stocks and any others already threatened by the new generative AI.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947843646,"gmtCreate":1682982606785,"gmtModify":1682982610315,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947843646","repostId":"1171132791","repostType":2,"repost":{"id":"1171132791","kind":"news","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":1682980741,"share":"https://ttm.financial/m/news/1171132791?lang=&edition=fundamental","pubTime":"2023-05-02 06:39","market":"us","language":"en","title":"Wall Street Near Flat After First Republic News, Awaiting Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=1171132791","media":"Reuters","summary":"(Reuters) - U.S. stocks ended little changed on Monday as investors took in the weekend auction of F","content":"<html><head></head><body><p>(Reuters) - U.S. stocks ended little changed on Monday as investors took in the weekend auction of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank <u></a></u> and braced for this week&#39;s expected interest rate hike from the Federal Reserve.</p><p style=\"text-align: start;\">The <a href=\"https://laohu8.com/S/KRX\">KBW regional banking index </a> dropped 2.7%, while shares of <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, which won the auction of failed lender First Republic, rose 2.1%.</p><p style=\"text-align: start;\">JPMorgan will pay the U.S. Federal Deposit Insurance Corp $10.6 billion to take control of most of the regional bank&#39;s assets.</p><p>Investors have been on edge about the banking system&#39;s health following the collapse of two other regional banks in March.</p><p style=\"text-align: start;\">&#34;Hopefully this is sort of the last of the banking crisis, but something else might surface at some point,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p style=\"text-align: start;\">Market watchers also digested the latest economic news, which suggested to some that the Fed may need to stick to its tightening cycle for the near term. The Institute for Supply Management (ISM) said on Monday its manufacturing PMI rose last month from March.</p><p>The Fed, which has been raising rates to cool inflation, is expected to hike rates an additional 25 basis points on Wednesday.</p><p style=\"text-align: start;\">The Dow Jones Industrial Average (.DJI) fell 46.46 points, or 0.14%, to 34,051.7; the S&amp;P 500 (.SPX) lost 1.61 points, or 0.04%, at 4,167.87; and the Nasdaq Composite (.IXIC) dropped 13.99 points, or 0.11%, to 12,212.60.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34553f94e16cdea17a7cc3b1e3c2757d\" tg-width=\"1080\" tg-height=\"1920\"/></p><p>Energy (.SPNY) was down the most of the major S&amp;P 500 sectors, falling 1.3% as crude oil prices declined , .</p><p style=\"text-align: start;\">Recent earnings, however, provided some lingering optimism for investors, Ghriskey said. First-quarter results from S&amp;P 500 companies have mostly beaten expectations, easing economic concerns.</p><p style=\"text-align: start;\">&#34;We&#39;ve had good earnings relative to expectations. Analysts for now have backed off of lowering estimates,&#34; he said. &#34;If we could have rates at this level ... and corporate America continue to deliver, it&#39;s very positive.&#34;</p><p>Recent upbeat earnings from Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O) helped the benchmark S&amp;P 500 notch its second consecutive month of gains on Friday.</p><p style=\"text-align: start;\">The S&amp;P 500 technology index (.SPLRCT) climbed 0.2% on Monday, offsetting some of the day&#39;s weakness.</p><p style=\"text-align: start;\">Volume on U.S. exchanges was 10.24 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.</p><p style=\"text-align: start;\">Declining issues outnumbered advancers on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.17-to-1 ratio favored decliners.</p><p style=\"text-align: start;\">The S&amp;P 500 posted 35 new 52-week highs and one new low; the Nasdaq Composite recorded 88 new highs and 188 new lows.</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 Near Flat After First Republic News, Awaiting 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 Near Flat After First Republic News, Awaiting Fed\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\">2023-05-02 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks ended little changed on Monday as investors took in the weekend auction of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank <u></a></u> and braced for this week&#39;s expected interest rate hike from the Federal Reserve.</p><p style=\"text-align: start;\">The <a href=\"https://laohu8.com/S/KRX\">KBW regional banking index </a> dropped 2.7%, while shares of <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, which won the auction of failed lender First Republic, rose 2.1%.</p><p style=\"text-align: start;\">JPMorgan will pay the U.S. Federal Deposit Insurance Corp $10.6 billion to take control of most of the regional bank&#39;s assets.</p><p>Investors have been on edge about the banking system&#39;s health following the collapse of two other regional banks in March.</p><p style=\"text-align: start;\">&#34;Hopefully this is sort of the last of the banking crisis, but something else might surface at some point,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p style=\"text-align: start;\">Market watchers also digested the latest economic news, which suggested to some that the Fed may need to stick to its tightening cycle for the near term. The Institute for Supply Management (ISM) said on Monday its manufacturing PMI rose last month from March.</p><p>The Fed, which has been raising rates to cool inflation, is expected to hike rates an additional 25 basis points on Wednesday.</p><p style=\"text-align: start;\">The Dow Jones Industrial Average (.DJI) fell 46.46 points, or 0.14%, to 34,051.7; the S&amp;P 500 (.SPX) lost 1.61 points, or 0.04%, at 4,167.87; and the Nasdaq Composite (.IXIC) dropped 13.99 points, or 0.11%, to 12,212.60.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34553f94e16cdea17a7cc3b1e3c2757d\" tg-width=\"1080\" tg-height=\"1920\"/></p><p>Energy (.SPNY) was down the most of the major S&amp;P 500 sectors, falling 1.3% as crude oil prices declined , .</p><p style=\"text-align: start;\">Recent earnings, however, provided some lingering optimism for investors, Ghriskey said. First-quarter results from S&amp;P 500 companies have mostly beaten expectations, easing economic concerns.</p><p style=\"text-align: start;\">&#34;We&#39;ve had good earnings relative to expectations. Analysts for now have backed off of lowering estimates,&#34; he said. &#34;If we could have rates at this level ... and corporate America continue to deliver, it&#39;s very positive.&#34;</p><p>Recent upbeat earnings from Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O) helped the benchmark S&amp;P 500 notch its second consecutive month of gains on Friday.</p><p style=\"text-align: start;\">The S&amp;P 500 technology index (.SPLRCT) climbed 0.2% on Monday, offsetting some of the day&#39;s weakness.</p><p style=\"text-align: start;\">Volume on U.S. exchanges was 10.24 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.</p><p style=\"text-align: start;\">Declining issues outnumbered advancers on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.17-to-1 ratio favored decliners.</p><p style=\"text-align: start;\">The S&amp;P 500 posted 35 new 52-week highs and one new low; the Nasdaq Composite recorded 88 new highs and 188 new lows.</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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171132791","content_text":"(Reuters) - U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank  and braced for this week's expected interest rate hike from the Federal Reserve.The KBW regional banking index  dropped 2.7%, while shares of JPMorgan Chase & Co , which won the auction of failed lender First Republic, rose 2.1%.JPMorgan will pay the U.S. Federal Deposit Insurance Corp $10.6 billion to take control of most of the regional bank's assets.Investors have been on edge about the banking system's health following the collapse of two other regional banks in March.\"Hopefully this is sort of the last of the banking crisis, but something else might surface at some point,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.Market watchers also digested the latest economic news, which suggested to some that the Fed may need to stick to its tightening cycle for the near term. The Institute for Supply Management (ISM) said on Monday its manufacturing PMI rose last month from March.The Fed, which has been raising rates to cool inflation, is expected to hike rates an additional 25 basis points on Wednesday.The Dow Jones Industrial Average (.DJI) fell 46.46 points, or 0.14%, to 34,051.7; the S&P 500 (.SPX) lost 1.61 points, or 0.04%, at 4,167.87; and the Nasdaq Composite (.IXIC) dropped 13.99 points, or 0.11%, to 12,212.60.Energy (.SPNY) was down the most of the major S&P 500 sectors, falling 1.3% as crude oil prices declined , .Recent earnings, however, provided some lingering optimism for investors, Ghriskey said. First-quarter results from S&P 500 companies have mostly beaten expectations, easing economic concerns.\"We've had good earnings relative to expectations. Analysts for now have backed off of lowering estimates,\" he said. \"If we could have rates at this level ... and corporate America continue to deliver, it's very positive.\"Recent upbeat earnings from Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O) helped the benchmark S&P 500 notch its second consecutive month of gains on Friday.The S&P 500 technology index (.SPLRCT) climbed 0.2% on Monday, offsetting some of the day's weakness.Volume on U.S. exchanges was 10.24 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancers on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.17-to-1 ratio favored decliners.The S&P 500 posted 35 new 52-week highs and one new low; the Nasdaq Composite recorded 88 new highs and 188 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947817129,"gmtCreate":1682901141062,"gmtModify":1682901145547,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947817129","repostId":"1139971500","repostType":2,"repost":{"id":"1139971500","kind":"news","pubTimestamp":1682898506,"share":"https://ttm.financial/m/news/1139971500?lang=&edition=fundamental","pubTime":"2023-05-01 07:48","market":"us","language":"en","title":"Charlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans","url":"https://stock-news.laohu8.com/highlight/detail?id=1139971500","media":"Financial Times","summary":"Charlie Munger has warned of a brewing storm in the US commercial property market, with American ban","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/421f865ff9ae1b182c5661175627c32a\" alt=\" \t\" title=\" \t\" tg-width=\"700\" tg-height=\"394\"/><span> \t</span></p><p>Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.</p><p>The comments from the 99-year-old investor and sidekick to billionaire Warren Buffett come as turmoil ripples through the country’s financial system, which is reckoning with a potential commercial property crash following a handful of bank failures.</p><p>“It’s not nearly as bad as it was in 2008,” the Berkshire Hathaway vice-chair told the Financial Times in an interview. “But trouble happens to banking just like trouble happens everywhere else. In the good times you get into bad habits . . . When bad times come they lose too much.”</p><p>Munger was speaking on the veranda of his home in Greater Wilshire, a leafy neighbourhood of Los Angeles where he has lived for 60 years since he designed the property himself.</p><p>Dressed in a plaid shirt, Munger held court from his wheelchair as the travails of ailing California-based bank First Republic were playing out in real time on a television screen airing CNBC in the background.</p><p>Berkshire has a long history of supporting US banks through periods of financial instability. The sprawling industrials-to-insurance behemoth invested $5bn in Goldman Sachs during the 2007-08 financial crisis and a similar sum in Bank of America in 2011.</p><p>But the company has so far stayed on the sidelines of the current bout of turmoil, during which Silicon Valley Bank and Signature Bank collapsed. “Berkshire has made some bank investments that worked out very well for us,” said Munger. “We’ve had some disappointment in banks, too. It’s not that damned easy to run a bank intelligently, there are a lot of temptations to do the wrong thing.”</p><p>Their reticence stems in part from lurking risks in banks’ vast portfolios of commercial property loans. “A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.”</p><p>He noted that banks were already pulling back from lending to commercial developers. “Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said. “They all seem [to be] too much trouble.”</p><p>Munger grew up in Omaha, Nebraska, a few hundred feet from where Buffett now lives. The two met in 1959, when Buffett was 28 and Munger 35. Munger, who at one point worked in a grocery store owned by Buffett’s grandfather, trained as a lawyer before being coaxed into investment by his soon-to-be partner.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67b9dc3399d647d6e77df5fadee12f22\" title=\"Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959\" tg-width=\"700\" tg-height=\"466\"/><span>Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959</span></p><p>Buffett has credited Munger with encouraging him to move on from the “cigar-butt strategy” espoused by his mentor Benjamin Graham, which involved buying cheap stocks akin to a discarded cigar where just a single puff of value remained.</p><p>In 2015, Buffett wrote in the conglomerate’s 50th annual letter: “The blueprint he [Munger] gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.”</p><p>This approach has served them well. Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&amp;P 500 stock index, since 1965.</p><p>“We were a creature of a particular time and a perfect set of opportunities,” said Munger, adding he had lived during “a perfect period to be a common stock investor”.</p><p>He and Buffett had benefited “by and large [from] low interest rates, low equity values, ample opportunities ”, he said.</p><p>Munger said he had made most of his money from just four investments: Berkshire, retailer Costco, his investment in a fund managed by Li Lu’s Himalaya Capital and Afton Properties, a real estate venture that owns apartment buildings in California and New Jersey. Forbes estimates his wealth at $2.4bn.</p><p>“It’s the nature of things that a very intelligent man working hard maybe gets three, four, five really good long-term opportunities of buying great companies at a cheap price,” he said. “It happens rarely.”</p><p>Ahead of the company’s annual meeting on Saturday, tens of thousands of Berkshire shareholders will descend on Omaha to hear from the two nonagenarian investors as they attend something akin to a festival of capitalism.</p><p>But Munger warned that the golden age for investing was over and investors would need to contend with a period of lower returns.</p><p>“It’s gotten very tough to have anything like the returns that were obtained in the past,” he said, pointing to higher interest rates and a crowded field of investors chasing bargains and looking for companies with inefficiencies.</p><p>“[At] the exact time that the game is getting tougher we’ve got more and more people trying to play it,” he said.</p><p>Berkshire has struggled to find worthwhile investments at times over the past decade, a fact epitomised by a cash balance that often sits in excess of $100bn and the choice by the company to buy back tens of billions of dollars of its own shares.</p><p>Munger also took aim at his own industry, hitting out at a “glut of investment managers that’s bad for the country”. Many of them are little more than “fortune tellers or astrologers who are dragging money out of their clients’ accounts, which [is] not being earned by any useful service”.</p><p>He had harsh words for buyout groups as well. “There’s too much private equity, too many buyers of all kinds . . it’s making it a very tough game for everybody.”</p><p>“The people getting the fees are still doing well,” he said of private equity fund managers. But he warned: “People that aren’t being served very well by paying all those fees may eventually be unwilling to pay them.”</p><p>Where Buffett has emphatically told Berkshire shareholders to “never bet against America”, Munger is more cautious. “I do not think that we can take it as a given that American democracy will prosper and flourish forever,” he said. “But I think we’ll stumble through pretty well for quite a while yet.”</p><p>On his own imprint on the world, Munger said: “I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense.”</p></body></html>","source":"lsy1580170736413","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>Charlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans</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; 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}\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\">\nCharlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-01 07:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.The comments from the 99-year-old...</p>\n\n<a href=\"https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","JPM":"摩根大通","C":"花旗","BRK.B":"伯克希尔B","BX":"黑石","WFC":"富国银行","BRK.A":"伯克希尔"},"source_url":"https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139971500","content_text":"Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.The comments from the 99-year-old investor and sidekick to billionaire Warren Buffett come as turmoil ripples through the country’s financial system, which is reckoning with a potential commercial property crash following a handful of bank failures.“It’s not nearly as bad as it was in 2008,” the Berkshire Hathaway vice-chair told the Financial Times in an interview. “But trouble happens to banking just like trouble happens everywhere else. In the good times you get into bad habits . . . When bad times come they lose too much.”Munger was speaking on the veranda of his home in Greater Wilshire, a leafy neighbourhood of Los Angeles where he has lived for 60 years since he designed the property himself.Dressed in a plaid shirt, Munger held court from his wheelchair as the travails of ailing California-based bank First Republic were playing out in real time on a television screen airing CNBC in the background.Berkshire has a long history of supporting US banks through periods of financial instability. The sprawling industrials-to-insurance behemoth invested $5bn in Goldman Sachs during the 2007-08 financial crisis and a similar sum in Bank of America in 2011.But the company has so far stayed on the sidelines of the current bout of turmoil, during which Silicon Valley Bank and Signature Bank collapsed. “Berkshire has made some bank investments that worked out very well for us,” said Munger. “We’ve had some disappointment in banks, too. It’s not that damned easy to run a bank intelligently, there are a lot of temptations to do the wrong thing.”Their reticence stems in part from lurking risks in banks’ vast portfolios of commercial property loans. “A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.”He noted that banks were already pulling back from lending to commercial developers. “Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said. “They all seem [to be] too much trouble.”Munger grew up in Omaha, Nebraska, a few hundred feet from where Buffett now lives. The two met in 1959, when Buffett was 28 and Munger 35. Munger, who at one point worked in a grocery store owned by Buffett’s grandfather, trained as a lawyer before being coaxed into investment by his soon-to-be partner.Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959Buffett has credited Munger with encouraging him to move on from the “cigar-butt strategy” espoused by his mentor Benjamin Graham, which involved buying cheap stocks akin to a discarded cigar where just a single puff of value remained.In 2015, Buffett wrote in the conglomerate’s 50th annual letter: “The blueprint he [Munger] gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.”This approach has served them well. Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&P 500 stock index, since 1965.“We were a creature of a particular time and a perfect set of opportunities,” said Munger, adding he had lived during “a perfect period to be a common stock investor”.He and Buffett had benefited “by and large [from] low interest rates, low equity values, ample opportunities ”, he said.Munger said he had made most of his money from just four investments: Berkshire, retailer Costco, his investment in a fund managed by Li Lu’s Himalaya Capital and Afton Properties, a real estate venture that owns apartment buildings in California and New Jersey. Forbes estimates his wealth at $2.4bn.“It’s the nature of things that a very intelligent man working hard maybe gets three, four, five really good long-term opportunities of buying great companies at a cheap price,” he said. “It happens rarely.”Ahead of the company’s annual meeting on Saturday, tens of thousands of Berkshire shareholders will descend on Omaha to hear from the two nonagenarian investors as they attend something akin to a festival of capitalism.But Munger warned that the golden age for investing was over and investors would need to contend with a period of lower returns.“It’s gotten very tough to have anything like the returns that were obtained in the past,” he said, pointing to higher interest rates and a crowded field of investors chasing bargains and looking for companies with inefficiencies.“[At] the exact time that the game is getting tougher we’ve got more and more people trying to play it,” he said.Berkshire has struggled to find worthwhile investments at times over the past decade, a fact epitomised by a cash balance that often sits in excess of $100bn and the choice by the company to buy back tens of billions of dollars of its own shares.Munger also took aim at his own industry, hitting out at a “glut of investment managers that’s bad for the country”. Many of them are little more than “fortune tellers or astrologers who are dragging money out of their clients’ accounts, which [is] not being earned by any useful service”.He had harsh words for buyout groups as well. “There’s too much private equity, too many buyers of all kinds . . it’s making it a very tough game for everybody.”“The people getting the fees are still doing well,” he said of private equity fund managers. But he warned: “People that aren’t being served very well by paying all those fees may eventually be unwilling to pay them.”Where Buffett has emphatically told Berkshire shareholders to “never bet against America”, Munger is more cautious. “I do not think that we can take it as a given that American democracy will prosper and flourish forever,” he said. “But I think we’ll stumble through pretty well for quite a while yet.”On his own imprint on the world, Munger said: “I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947147699,"gmtCreate":1682728451811,"gmtModify":1682728456050,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947147699","repostId":"2331300502","repostType":2,"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9940658719,"gmtCreate":1677892620732,"gmtModify":1677892624742,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":29,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940658719","repostId":"1124571052","repostType":2,"repost":{"id":"1124571052","kind":"news","pubTimestamp":1677890899,"share":"https://ttm.financial/m/news/1124571052?lang=&edition=fundamental","pubTime":"2023-03-04 08:48","market":"sg","language":"en","title":"SGX Weekly Review: China’s Factory Activity, UOB, Meta Platforms and Raffles Medical Group","url":"https://stock-news.laohu8.com/highlight/detail?id=1124571052","media":"The Smart Investor","summary":"Welcome to this week’s edition of top stock market highlights.China’s factory activityManufacturers ","content":"<html><head></head><body><p>Welcome to this week’s edition of top stock market highlights.</p><p><b>China’s factory activity</b></p><p>Manufacturers in China must have breathed a collective sigh of relief as the country ended its draconian COVID-zero policy.</p><p>China’s National Bureau of Statistics reported that the country’s manufacturing purchasing manager’s index (PMI) rose to 52.6 in February, up from 50.1 in January.</p><p>Not only did the PMI for February beat the median economists’ estimate of 50.6 by a long shot, but it was also the highest reading since April 2012.</p><p>This near decade-high reading signalled a strong economic recovery for the Middle Kingdom as people returned to work after the Lunar New Year break and normalcy returned.</p><p>Road congestion in major cities has increased as more people go about their business, while restaurant and mall spending both rose.</p><p>This is good news for companies that have suffered from snarled supply chains as China remained shut off from the world for most of last year.</p><p>The reopening and increase in factory activity should also benefit China-based REITs such as <b>CapitaLand China Trust</b>(SGX: AU8U).</p><p>Meanwhile, companies such as <b>Nike</b>(NYSE: NKE) and <b>Starbucks</b>(NASDAQ: SBUX) that earn a chunk of their revenue from China should also be rejoicing.</p><p><b>United Overseas Bank Ltd (SGX: U11)</b></p><p>United Overseas Bank, or UOB, announced that it has completed the acquisition of <b>Citigroup’s</b>(NYSE: C) consumer banking business in Vietnam on 1 March.</p><p>It is yet another milestone for the bank after the announcement of this nearly S$5 billion acquisition to accelerate its retail banking business growth in the ASEAN region.</p><p>The acquisition covered four countries – Malaysia, Indonesia, Thailand, and Vietnam.</p><p>UOB had already announced the completion of its acquisition in both Malaysia and Thailand on 1 November last year.</p><p>The bank had originally planned for the acquisitions of Vietnam and Indonesia to be completed by the end of 2023.</p><p>Around 575 Citigroup-related staff were also transferred to UOB Vietnam, and the consumer business comprises the American bank’s unsecured and secured lending portfolios, wealth management, and retail deposit businesses.</p><p>With the addition of both Malaysia and Thailand, UOB has expanded its retail customer base to almost seven million within the ASEAN region.</p><p>Once all the acquisitions are completed, the lender expects to double its existing retail base and add 5,000 staff to its team.</p><p>In line with the completion of the Vietnamese acquisition, UOB has also announced senior appointments to drive its business there.</p><p>Mr Fred Lim will head the retail transformation, channels and digitalisation division along with business banking in UOB Vietnam while Mr Paul Kim will serve as the head of personal financial services.</p><p><b>Meta Platforms (NASDAQ: META)</b></p><p>Meta Platforms is moving away from being a pure social media and communications company.</p><p>The company announced that it will create a new product group focused on generative artificial intelligence (AI).</p><p>Generative AI comprises a set of machine learning techniques that will allow computers to generate text, pictures or other media that resembles human output.</p><p>This new unit will combine several teams across Meta Platforms and be headed by current Chief Product Officer Chris Cox.</p><p>CEO Mark Zuckerberg sounded excited when he touted the promise of generative AI as he is confident that this new team can build “creative and expressive” tools to be used in Meta’s products WhatsApp, Facebook, and Instagram.</p><p>This announcement came after Meta Platforms announced that it had developed its in-house large language model called LLaMA.</p><p>Technology companies have been racing with one another to come up with new AI models after the success of ChatGPT, a product of OpenAI in which <b>Microsoft</b>(NASDAQ: MSFT) took a stake.</p><p>Meanwhile, <b>Alphabet’s</b>(NASDAQ: GOOGL) Google is also working on a chatbox named Bard, while <b>Snap</b>(NYSE: SNAP) has incorporated a ChatGPT bot into its Snapchat app.</p><p><b>Raffles Medical Group (SGX: BSL)</b></p><p>Raffles Medical Group, or RMG, has announced an impressive set of earnings for 2022.</p><p>The integrated healthcare player saw its revenue inch up by 5.9% year on year to S$766.5 million.</p><p>Operating profit shot up 61.4% year on year to S$195.8 million while net profit surged by 70.5% year on year to S$143.5 million.</p><p>On top of this good result, the group also generated a positive free cash flow of S$170.9 million, 59.3% higher than the prior year’s S$107.3 million.</p><p>In line with the robust results, RMG has declared a first and final dividend of S$0.038, 35% higher than the S$0.028 paid out in 2021.</p><p>The better performance came about as borders reopened and the group saw a return of foreign patients seeking medical treatment in Singapore.</p><p>RMG’s three China hospitals also supported the Chinese government in COVID-19 initiatives during China’s strict COVID-zero period.</p><p>Revenue from RMG’s healthcare division rose 8.6% year on year to S$498.3 million, reflecting the return of patients to the group’s clinics.</p><p>However, the increase was offset by an 8.6% year on year decline in the Hospital Services division’s revenue to S$316.3 million as the group wound down its COVID-19 PCR tests.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: China’s Factory Activity, UOB, Meta Platforms and Raffles Medical Group</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{ 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{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\">\nSGX Weekly Review: China’s Factory Activity, UOB, Meta Platforms and Raffles Medical Group\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 08:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-chinas-factory-activity-uob-meta-platforms-and-raffles-medical-group/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights.China’s factory activityManufacturers in China must have breathed a collective sigh of relief as the country ended its draconian COVID-...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-chinas-factory-activity-uob-meta-platforms-and-raffles-medical-group/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","BSL.SI":"莱佛士医疗","META":"Meta Platforms, Inc."},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-chinas-factory-activity-uob-meta-platforms-and-raffles-medical-group/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124571052","content_text":"Welcome to this week’s edition of top stock market highlights.China’s factory activityManufacturers in China must have breathed a collective sigh of relief as the country ended its draconian COVID-zero policy.China’s National Bureau of Statistics reported that the country’s manufacturing purchasing manager’s index (PMI) rose to 52.6 in February, up from 50.1 in January.Not only did the PMI for February beat the median economists’ estimate of 50.6 by a long shot, but it was also the highest reading since April 2012.This near decade-high reading signalled a strong economic recovery for the Middle Kingdom as people returned to work after the Lunar New Year break and normalcy returned.Road congestion in major cities has increased as more people go about their business, while restaurant and mall spending both rose.This is good news for companies that have suffered from snarled supply chains as China remained shut off from the world for most of last year.The reopening and increase in factory activity should also benefit China-based REITs such as CapitaLand China Trust(SGX: AU8U).Meanwhile, companies such as Nike(NYSE: NKE) and Starbucks(NASDAQ: SBUX) that earn a chunk of their revenue from China should also be rejoicing.United Overseas Bank Ltd (SGX: U11)United Overseas Bank, or UOB, announced that it has completed the acquisition of Citigroup’s(NYSE: C) consumer banking business in Vietnam on 1 March.It is yet another milestone for the bank after the announcement of this nearly S$5 billion acquisition to accelerate its retail banking business growth in the ASEAN region.The acquisition covered four countries – Malaysia, Indonesia, Thailand, and Vietnam.UOB had already announced the completion of its acquisition in both Malaysia and Thailand on 1 November last year.The bank had originally planned for the acquisitions of Vietnam and Indonesia to be completed by the end of 2023.Around 575 Citigroup-related staff were also transferred to UOB Vietnam, and the consumer business comprises the American bank’s unsecured and secured lending portfolios, wealth management, and retail deposit businesses.With the addition of both Malaysia and Thailand, UOB has expanded its retail customer base to almost seven million within the ASEAN region.Once all the acquisitions are completed, the lender expects to double its existing retail base and add 5,000 staff to its team.In line with the completion of the Vietnamese acquisition, UOB has also announced senior appointments to drive its business there.Mr Fred Lim will head the retail transformation, channels and digitalisation division along with business banking in UOB Vietnam while Mr Paul Kim will serve as the head of personal financial services.Meta Platforms (NASDAQ: META)Meta Platforms is moving away from being a pure social media and communications company.The company announced that it will create a new product group focused on generative artificial intelligence (AI).Generative AI comprises a set of machine learning techniques that will allow computers to generate text, pictures or other media that resembles human output.This new unit will combine several teams across Meta Platforms and be headed by current Chief Product Officer Chris Cox.CEO Mark Zuckerberg sounded excited when he touted the promise of generative AI as he is confident that this new team can build “creative and expressive” tools to be used in Meta’s products WhatsApp, Facebook, and Instagram.This announcement came after Meta Platforms announced that it had developed its in-house large language model called LLaMA.Technology companies have been racing with one another to come up with new AI models after the success of ChatGPT, a product of OpenAI in which Microsoft(NASDAQ: MSFT) took a stake.Meanwhile, Alphabet’s(NASDAQ: GOOGL) Google is also working on a chatbox named Bard, while Snap(NYSE: SNAP) has incorporated a ChatGPT bot into its Snapchat app.Raffles Medical Group (SGX: BSL)Raffles Medical Group, or RMG, has announced an impressive set of earnings for 2022.The integrated healthcare player saw its revenue inch up by 5.9% year on year to S$766.5 million.Operating profit shot up 61.4% year on year to S$195.8 million while net profit surged by 70.5% year on year to S$143.5 million.On top of this good result, the group also generated a positive free cash flow of S$170.9 million, 59.3% higher than the prior year’s S$107.3 million.In line with the robust results, RMG has declared a first and final dividend of S$0.038, 35% higher than the S$0.028 paid out in 2021.The better performance came about as borders reopened and the group saw a return of foreign patients seeking medical treatment in Singapore.RMG’s three China hospitals also supported the Chinese government in COVID-19 initiatives during China’s strict COVID-zero period.Revenue from RMG’s healthcare division rose 8.6% year on year to S$498.3 million, reflecting the return of patients to the group’s clinics.However, the increase was offset by an 8.6% year on year decline in the Hospital Services division’s revenue to S$316.3 million as the group wound down its COVID-19 PCR tests.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955076659,"gmtCreate":1675120964271,"gmtModify":1676538976634,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":25,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9955076659","repostId":"2307163732","repostType":2,"repost":{"id":"2307163732","kind":"highlight","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":1675119835,"share":"https://ttm.financial/m/news/2307163732?lang=&edition=fundamental","pubTime":"2023-01-31 07:03","market":"us","language":"en","title":"Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off","url":"https://stock-news.laohu8.com/highlight/detail?id=2307163732","media":"Reuters","summary":"Apple, Alphabet, Amazon slide ahead of earningsFed decision on interest rates on WednesdayJ&J falls ","content":"<html><head></head><body><ul><li>Apple, Alphabet, Amazon slide ahead of earnings</li><li>Fed decision on interest rates on Wednesday</li><li>J&amp;J falls after U.S. court rejects talc-lawsuit strategy</li><li>Indexes down: Dow 0.77%, S&amp;P 500 1.3%, Nasdaq 1.96%</li></ul><p><img src=\"https://static.tigerbbs.com/d32d07968eb6c5bf0977babdf94affad\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.</p><p>The heavyweight tech sector    dropped 1.9% while energy    shed 2.3%, the biggest drop among the S&amp;P 500 sectors. Shares of Apple Inc   , Amazon.com Inc    and Google parent Alphabet Inc   , which are due to post results later this week, all slumped.</p><p>More than 100 S&amp;P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.</p><p>“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.</p><p>The Dow Jones Industrial Average    fell 260.99 points, or 0.77%, to 33,717.09, the S&amp;P 500    lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite    dropped 227.90 points, or 1.96%, to 11,393.81.</p><p>U.S. Treasury yields    rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.</p><p>Despite Monday&#39;s declines, the S&amp;P 500 remained on track to post its biggest January gain since 2019.</p><p>The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.</p><p>Fed Chair Jerome Powell&#39;s news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.</p><p>“It’s probably <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most important meetings since the whole thing began,&#34; said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. &#34;Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”</p><p>Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.</p><p>Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than  140 companies having reported so far, S&amp;P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.</p><p>In company news, shares of Johnson &amp; Johnson    fell 3.7% after the healthcare giant&#39;s strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.</p><p>About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.</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>Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off</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\">\nTech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off\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\">2023-01-31 07:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple, Alphabet, Amazon slide ahead of earnings</li><li>Fed decision on interest rates on Wednesday</li><li>J&amp;J falls after U.S. court rejects talc-lawsuit strategy</li><li>Indexes down: Dow 0.77%, S&amp;P 500 1.3%, Nasdaq 1.96%</li></ul><p><img src=\"https://static.tigerbbs.com/d32d07968eb6c5bf0977babdf94affad\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.</p><p>The heavyweight tech sector    dropped 1.9% while energy    shed 2.3%, the biggest drop among the S&amp;P 500 sectors. Shares of Apple Inc   , Amazon.com Inc    and Google parent Alphabet Inc   , which are due to post results later this week, all slumped.</p><p>More than 100 S&amp;P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.</p><p>“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.</p><p>The Dow Jones Industrial Average    fell 260.99 points, or 0.77%, to 33,717.09, the S&amp;P 500    lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite    dropped 227.90 points, or 1.96%, to 11,393.81.</p><p>U.S. Treasury yields    rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.</p><p>Despite Monday&#39;s declines, the S&amp;P 500 remained on track to post its biggest January gain since 2019.</p><p>The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.</p><p>Fed Chair Jerome Powell&#39;s news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.</p><p>“It’s probably <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most important meetings since the whole thing began,&#34; said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. &#34;Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”</p><p>Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.</p><p>Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than  140 companies having reported so far, S&amp;P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.</p><p>In company news, shares of Johnson &amp; Johnson    fell 3.7% after the healthcare giant&#39;s strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.</p><p>About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4514":"搜索引擎","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4576":"AR","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0861579265.USD":"联博低波幅策略股票基金A","LU1046421795.USD":"富达环球科技A-ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC",".DJI":"道琼斯","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","SG9999014906.USD":"大华全球优质成长基金Acc USD",".IXIC":"NASDAQ Composite","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0557290698.USD":"施罗德环球可持续增长基金","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","GOOG":"谷歌"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2307163732","content_text":"Apple, Alphabet, Amazon slide ahead of earningsFed decision on interest rates on WednesdayJ&J falls after U.S. court rejects talc-lawsuit strategyIndexes down: Dow 0.77%, S&P 500 1.3%, Nasdaq 1.96%NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.The heavyweight tech sector    dropped 1.9% while energy    shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc   , Amazon.com Inc    and Google parent Alphabet Inc   , which are due to post results later this week, all slumped.More than 100 S&P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.The Dow Jones Industrial Average    fell 260.99 points, or 0.77%, to 33,717.09, the S&P 500    lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite    dropped 227.90 points, or 1.96%, to 11,393.81.U.S. Treasury yields    rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019.The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.Fed Chair Jerome Powell's news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.“It’s probably one of the most important meetings since the whole thing began,\" said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. \"Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than  140 companies having reported so far, S&P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.In company news, shares of Johnson & Johnson    fell 3.7% after the healthcare giant's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943909543,"gmtCreate":1679012051882,"gmtModify":1679012055303,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943909543","repostId":"1170952277","repostType":2,"repost":{"id":"1170952277","kind":"news","pubTimestamp":1679008361,"share":"https://ttm.financial/m/news/1170952277?lang=&edition=fundamental","pubTime":"2023-03-17 07:12","market":"us","language":"en","title":"First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=1170952277","media":"Bloomberg","summary":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy","content":"<html><head></head><body><ul><li>JPMorgan, BofA, Citi, Wells Fargo among lenders contributing</li><li>Plan shows ‘resilience of the banking system,’ regulators say</li></ul><p>The biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.</p><p>JPMorgan Chase &amp; Co., Bank of America Corp., Citigroup Inc. and Wells Fargo &amp; Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.</p><p>“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.</p><p><img src=\"https://static.tigerbbs.com/dbbca686ada81d9e2312e9aebe7bd164\" tg-width=\"727\" tg-height=\"224\" referrerpolicy=\"no-referrer\"/>First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.</p><p>“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.</p><p>Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.</p><p>The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.</p><p>Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.</p><p>Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.</p><p>In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.</p><h3>Bank’s Future</h3><p>As with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.</p><p>The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.</p><p>Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.</p><p>Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.</p><p>First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.</p><p>Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.</p><p>First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”</p><p>As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.</p><p>First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.</p><p>First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.</p><p>“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.</p></body></html>","source":"lsy1584095487587","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>First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue</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\">\nFirst Republic Gets $30 Billion of Fresh Deposits in Bank Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","JPM":"摩根大通"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170952277","content_text":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.Bank’s FutureAs with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943398799,"gmtCreate":1679101782112,"gmtModify":1679101785522,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":25,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943398799","repostId":"1128249733","repostType":2,"repost":{"id":"1128249733","kind":"news","pubTimestamp":1679097137,"share":"https://ttm.financial/m/news/1128249733?lang=&edition=fundamental","pubTime":"2023-03-18 07:52","market":"us","language":"en","title":"U.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1128249733","media":"Investor's Business Daily","summary":"The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following t","content":"<html><head></head><body><p>The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. <b>Credit Suisse</b> (CS) borrowed up to $54 billion from the Swiss National Bank after the long-ailing giant tumbled to a record low. <b>JPMorgan Chase</b> (JPM), <b>Bank of America</b> (BAC) and other big banks said they would deposit a total of $30 billion into <b>First Republic</b> (FRC), which then suspended its dividend. But bank stocks were still down sharply, weighing on the Russell 2000. The Nasdaq rose sharply, led by tech titans such as <b>Microsoft</b> (MSFT), <b>Meta Platforms</b> (META) and <b>Nvidia</b> (NVDA).  Treasury yields plunged but came well off lows. Commodity prices tumbled.</p><h2>Stock Market Diverges</h2><p>A stock market rally attempt got underway, but there&#39;s been no follow-through day to confirm the attempt. There was a clear divergence between the Nasdaq and the other indexes, weighed down by banks and commodities. The Nasdaq surged above its 50-day and 200-day lines, even with a Friday pullback. led by tech titans and chipmakers. The S&amp;P 500 rose modestly, but fell back below its 200-day. The Dow Jones ended little changed for the week while the Russell 2000 tumbled. Treasury yields initially dived then roared back. Crude oil and copper prices dived.</p><h2>Bank Woes Spread, Lifelines Extended</h2><p>After SVB Financial and Signature Bank were shut down late in the prior week, there were more bank stresses. <b>Credit Suisse</b> (CS) tapped a $54 billion loan from the Swiss National Bank after the Swiss banking giant&#39;s stock hit a record low. <b>First Republic Bank</b> (FRC) bounced Thursday after getting a $30 billion deposit rescue from America&#39;s 11 largest banks, after securing $70 billion from <b>JPMorgan</b> (JPM) and the Federal Reserve on Sunday. But First Republic resumed its sell-off Friday as it suspended its dividend. Other banks also skidded again Friday. FDIC-controlled SVB Financial filed for Chapter 11 bankruptcy amid efforts to auction off Silicon Valley Bank.</p><h2>Core Inflation Hot, Other Data Mixed</h2><p>Core inflation ran hotter than expected in February, likely enough to push the Fed to hike its key interest rate a half-point on March 22, if it weren&#39;t for the sudden eruption of a banking crisis. The consumer price index rose 0.4% on the month, pulling the annual CPI inflation rate down to 6% from 6.4% the prior month. But the core CPI, excluding food and energy, rose 0.5% from January, while the core CPI inflation rate held at 5.5%. Even worse, price gains were even hotter for nonhousing services such as dining out and haircuts, which both saw 0.6% monthly gains. Fed chair Jerome Powell has said nonhousing services are a key to the policy outlook because of their close link to wage growth.</p><p>Weekly data through March 11 showed jobless claims unexpectedly falling 20,000 to 192,000 in a further sign of labor market tightness. Even the depressed housing sector got a lift in February as housing starts leapt 9.8% to 1.45 million and building permits for future construction surged 13.8% to a 1.524 million annual rate.</p><p>However, the producer price index unexpectedly fell 0.1% in February as wholesale inflation eased to 4.6% from 5.7% in January. Retail sales slipped 0.4% in February after January&#39;s upwardly revised 3.2% gain.</p><h2>Meta Soars On New Layoffs, TikTok Ban Buzz</h2><p><b>Meta Platforms</b> (META) will cut 10,000 jobs in the coming months, after shedding 11,000 positions in November. The Facebook and Instagram parent also will leave several thousand positions unfilled. Meanwhile, the Biden administration threatened to ban TikTok unless its Chinese owners divest the video-sharing app, a potential boost for Meta, Snap and other social networks. META stock soared, breaking out of a base.</p><h2>Tesla China Sales Keep Rising</h2><p><b>Tesla</b> (TSLA) China EV registrations rose for a third straight week to 17,032. <b>BYD</b> (BYDDF) China registrations were more than double Tesla&#39;s, but fell for a second straight week. Other data signaled a pick up in European sales after additional price cuts there. TSLA stock rose modestly.</p><h2>United Airlines Dives On Warnings</h2><p><b>United Airlines</b> (UAL) unexpectedly warned on profits for the current quarter, raising demand concerns. Several carriers, including United, also raised jet-fuel cost estimates. <b>Delta Air Lines</b> (DAL) maintained its first-quarter outlook, saying travel demand is strong and getting stronger. <b>JetBlue Airways</b> (JBLU) hiked its revenue forecast. UAL stock plunged, with other airline stocks tumbling as well.</p><h2>Biotech Buyouts</h2><p>A pair of biotech buyouts drove shares higher.<b>Pfizer</b>(PFE) will pay $43 billion to buy<b>Seagen</b>(SGEN), a maker of antibody drug conjugates, or ADCs. These drugs carry payloads of toxic chemicals directed at specific targets on the outside of tumors, limiting their damage to healthy, surrounding tissue. Meanwhile, <b>Sanofi</b> (SNY) scooped up <b>Provention Bio</b> (PRVB) for $2.9 billion. Provention sells a drug to delay the onset of type 1 diabetes in people age 8 and older. It&#39;s allowed for people who have abnormal blood sugar but no symptoms of diabetes.</p><h2>News In Brief</h2><p><b>Sarepta Therapeutics</b> (SRPT) plunged Friday after the FDA reversed course and announced that it will hold an advisory panel for the biotech&#39;s gene therapy for Duchenne muscular dystrophy prior to an FDA approval decision. SRPT stock gapped up March 1 after the FDA decided against an advisory panel, suggesting a faster approval.</p><p><b>Boeing</b> (BA) announced an order for up to 121 787 Dreamliner jets from two Saudi airlines, including the national carrier Saudia and the brand-new Riyadh Air. The deal is worth an estimated $35 billion-$37 billion at list prices.</p><p><b>Amylyx Pharmaceuticals</b> (AMLX) topped Wall Street&#39;s fourth-quarter estimates, delivering $21.9 million in sales of amyotrophic lateral sclerosis drug Relyvrio. Analysts called for only $4.7 million, according to FactSet. Amylyx stock jumped.</p><p><b>Jabil</b> (JBL) reported slightly better-than-expected fiscal second-quarter results and guided higher for the current quarter. The contract manufacturer said earnings rose 12% year over year while sales increased 8%.</p><p><b>Lennar</b>(LEN) reported a 21% EPS decline in its fiscal Q1, but that topped views. Revenue growth slowed to 5%, but also topped. The homebuilder also touted stronger new orders.</p><p><b>Xpeng</b> (XPEV) swung to a wider-than-expected loss as revenue plunged 58%, also missing views, amid tumbling deliveries and weaker pricing. XPeng sees Q1 deliveries of 18,000-19,000, implying March sales of 5,772-6,772.</p><p><b>Academy Sports &amp; Outdoor</b> (ASO) reported a 27% EPS gain, topping views. Revenue fell 3.4%, sliding for a fourth straight quarter and missing views. Shares gapped higher.</p><p><b>FedEx</b> (FDX) soared Friday as the delivery giant beat EPS views and guided higher on full-year profit as cost cuts offset continued demand weakness.</p><p><b>Uber</b> (UBER), <b>Lyft</b> (LYFT) and <b>DoorDash</b> (DASH) rallied after a California appeals court said app-based drivers are contractors, not employees, reversing a lower-court ruling. Further appeals are expected.</p></body></html>","source":"lsy1610612141385","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>U.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus</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\">\nU.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. Credit Suisse (CS) borrowed up to $...</p>\n\n<a href=\"https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128249733","content_text":"The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. Credit Suisse (CS) borrowed up to $54 billion from the Swiss National Bank after the long-ailing giant tumbled to a record low. JPMorgan Chase (JPM), Bank of America (BAC) and other big banks said they would deposit a total of $30 billion into First Republic (FRC), which then suspended its dividend. But bank stocks were still down sharply, weighing on the Russell 2000. The Nasdaq rose sharply, led by tech titans such as Microsoft (MSFT), Meta Platforms (META) and Nvidia (NVDA).  Treasury yields plunged but came well off lows. Commodity prices tumbled.Stock Market DivergesA stock market rally attempt got underway, but there's been no follow-through day to confirm the attempt. There was a clear divergence between the Nasdaq and the other indexes, weighed down by banks and commodities. The Nasdaq surged above its 50-day and 200-day lines, even with a Friday pullback. led by tech titans and chipmakers. The S&P 500 rose modestly, but fell back below its 200-day. The Dow Jones ended little changed for the week while the Russell 2000 tumbled. Treasury yields initially dived then roared back. Crude oil and copper prices dived.Bank Woes Spread, Lifelines ExtendedAfter SVB Financial and Signature Bank were shut down late in the prior week, there were more bank stresses. Credit Suisse (CS) tapped a $54 billion loan from the Swiss National Bank after the Swiss banking giant's stock hit a record low. First Republic Bank (FRC) bounced Thursday after getting a $30 billion deposit rescue from America's 11 largest banks, after securing $70 billion from JPMorgan (JPM) and the Federal Reserve on Sunday. But First Republic resumed its sell-off Friday as it suspended its dividend. Other banks also skidded again Friday. FDIC-controlled SVB Financial filed for Chapter 11 bankruptcy amid efforts to auction off Silicon Valley Bank.Core Inflation Hot, Other Data MixedCore inflation ran hotter than expected in February, likely enough to push the Fed to hike its key interest rate a half-point on March 22, if it weren't for the sudden eruption of a banking crisis. The consumer price index rose 0.4% on the month, pulling the annual CPI inflation rate down to 6% from 6.4% the prior month. But the core CPI, excluding food and energy, rose 0.5% from January, while the core CPI inflation rate held at 5.5%. Even worse, price gains were even hotter for nonhousing services such as dining out and haircuts, which both saw 0.6% monthly gains. Fed chair Jerome Powell has said nonhousing services are a key to the policy outlook because of their close link to wage growth.Weekly data through March 11 showed jobless claims unexpectedly falling 20,000 to 192,000 in a further sign of labor market tightness. Even the depressed housing sector got a lift in February as housing starts leapt 9.8% to 1.45 million and building permits for future construction surged 13.8% to a 1.524 million annual rate.However, the producer price index unexpectedly fell 0.1% in February as wholesale inflation eased to 4.6% from 5.7% in January. Retail sales slipped 0.4% in February after January's upwardly revised 3.2% gain.Meta Soars On New Layoffs, TikTok Ban BuzzMeta Platforms (META) will cut 10,000 jobs in the coming months, after shedding 11,000 positions in November. The Facebook and Instagram parent also will leave several thousand positions unfilled. Meanwhile, the Biden administration threatened to ban TikTok unless its Chinese owners divest the video-sharing app, a potential boost for Meta, Snap and other social networks. META stock soared, breaking out of a base.Tesla China Sales Keep RisingTesla (TSLA) China EV registrations rose for a third straight week to 17,032. BYD (BYDDF) China registrations were more than double Tesla's, but fell for a second straight week. Other data signaled a pick up in European sales after additional price cuts there. TSLA stock rose modestly.United Airlines Dives On WarningsUnited Airlines (UAL) unexpectedly warned on profits for the current quarter, raising demand concerns. Several carriers, including United, also raised jet-fuel cost estimates. Delta Air Lines (DAL) maintained its first-quarter outlook, saying travel demand is strong and getting stronger. JetBlue Airways (JBLU) hiked its revenue forecast. UAL stock plunged, with other airline stocks tumbling as well.Biotech BuyoutsA pair of biotech buyouts drove shares higher.Pfizer(PFE) will pay $43 billion to buySeagen(SGEN), a maker of antibody drug conjugates, or ADCs. These drugs carry payloads of toxic chemicals directed at specific targets on the outside of tumors, limiting their damage to healthy, surrounding tissue. Meanwhile, Sanofi (SNY) scooped up Provention Bio (PRVB) for $2.9 billion. Provention sells a drug to delay the onset of type 1 diabetes in people age 8 and older. It's allowed for people who have abnormal blood sugar but no symptoms of diabetes.News In BriefSarepta Therapeutics (SRPT) plunged Friday after the FDA reversed course and announced that it will hold an advisory panel for the biotech's gene therapy for Duchenne muscular dystrophy prior to an FDA approval decision. SRPT stock gapped up March 1 after the FDA decided against an advisory panel, suggesting a faster approval.Boeing (BA) announced an order for up to 121 787 Dreamliner jets from two Saudi airlines, including the national carrier Saudia and the brand-new Riyadh Air. The deal is worth an estimated $35 billion-$37 billion at list prices.Amylyx Pharmaceuticals (AMLX) topped Wall Street's fourth-quarter estimates, delivering $21.9 million in sales of amyotrophic lateral sclerosis drug Relyvrio. Analysts called for only $4.7 million, according to FactSet. Amylyx stock jumped.Jabil (JBL) reported slightly better-than-expected fiscal second-quarter results and guided higher for the current quarter. The contract manufacturer said earnings rose 12% year over year while sales increased 8%.Lennar(LEN) reported a 21% EPS decline in its fiscal Q1, but that topped views. Revenue growth slowed to 5%, but also topped. The homebuilder also touted stronger new orders.Xpeng (XPEV) swung to a wider-than-expected loss as revenue plunged 58%, also missing views, amid tumbling deliveries and weaker pricing. XPeng sees Q1 deliveries of 18,000-19,000, implying March sales of 5,772-6,772.Academy Sports & Outdoor (ASO) reported a 27% EPS gain, topping views. Revenue fell 3.4%, sliding for a fourth straight quarter and missing views. Shares gapped higher.FedEx (FDX) soared Friday as the delivery giant beat EPS views and guided higher on full-year profit as cost cuts offset continued demand weakness.Uber (UBER), Lyft (LYFT) and DoorDash (DASH) rallied after a California appeals court said app-based drivers are contractors, not employees, reversing a lower-court ruling. Further appeals are expected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948581658,"gmtCreate":1680741846275,"gmtModify":1680741853039,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948581658","repostId":"2325313401","repostType":2,"repost":{"id":"2325313401","kind":"highlight","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":1680734452,"share":"https://ttm.financial/m/news/2325313401?lang=&edition=fundamental","pubTime":"2023-04-06 06:40","market":"us","language":"en","title":"S&P 500 Ends Lower As Recession Fears Take Center Stage","url":"https://stock-news.laohu8.com/highlight/detail?id=2325313401","media":"Reuters","summary":"*U.S. service sector slows in March; inflation cools*March private payrolls miss estimates*FedEx up ","content":"<html><head></head><body><p>*U.S. service sector slows in March; inflation cools</p><p>*March private payrolls miss estimates</p><p>*FedEx up on plan to consolidate operating divisions</p><p>*Final snapshot: S&amp;P 500 -0.25%, Nasdaq -1.07%, Dow +0.24%</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/148a9575838512109ccd82ae8e486d62\" tg-width=\"1080\" tg-height=\"1920\"/></p><p>April 5 (Reuters) - The S&amp;P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve&#39;s rapid interest rate hikes might tip the U.S. economy into a recession.</p><p>Nvidia Corp dropped 2.1% and was among the stocks weighing most on the S&amp;P 500 after Alphabet Inc&#39;s Google unit said the supercomputers it uses to train its artificial intelligence models were faster and more power-efficient than comparable components made by the chipmaker.</p><p>Tesla Inc fell 3.7%, while Amazon and Apple declined more than 1%, pulling down the Nasdaq and reversing gains in some of Wall Street&#39;s most valuable companies in recent weeks.</p><p>Caterpillar, viewed as a bellwether for the industrial sector, dropped 1.8%, bringing its loss over the past two days to 7% as investors fretted about a potential economic downturn.</p><p>The S&amp;P 500 declined 0.25% to end the session at 4,090.38 points.</p><p>The Nasdaq fell 1.07% to 11,996.86 points, while the Dow Jones Industrial Average rose 0.24% to 33,482.72 points.</p><p>Driving the recession fears, the ADP National Employment report showed U.S. private employers hired far fewer workers than expected in March. That followed Tuesday&#39;s weak job openings data.</p><p>As well, the Institute for Supply Management&#39;s survey showed the services sector slowed more than expected last month on cooling demand, while a measure of prices paid by services businesses fell to a near three-year low.</p><p>Earlier this week data showed falling factory orders and soft manufacturing activity.</p><p>Wall Street&#39;s recent losses in reaction to signs of a slowing economy mark a change from recent months, when investors cheered weak economic data on the basis that it might mean the Fed&#39;s interest rate hikes were working and that the Fed could ease up on its campaign to rein in decades-high inflation.</p><p>&#34;We may have transitioned from the notion that &#39;bad news is good news&#39; to &#39;bad new is bad news&#39;,&#34; said Jay Hatfield, chief executive and portfolio manager at InfraCap in New York. &#34;Fear about a recession is the dominant theme.&#34;</p><p>Reflecting worries about the economy and recent turmoil in the banking sector, interest rate futures imply 61% odds that the Fed will cut interest rates from current levels by the end of its July meeting, according to CME Group&#39;s Fedwatch tool.</p><p>Of the 11 S&amp;P 500 sector indexes, seven declined, led lower by consumer discretionary, down 2.04%, followed by a 1.3% loss in industrials .</p><p>Among stocks that kept the Dow Jones Industrial Average in positive territory, Johnson &amp; Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.</p><p>Artificial intelligence C3.ai Inc tumbled more than 15%, sliding for a second day after a short seller alleged accounting issues. The AI company denied the allegations in an emailed response to Reuters.</p><p>FedEx Corp rose 1.5% as the freight bellwether firm said it will fold its operating divisions into one organization as it steps up efforts to cut costs and increase efficiency.</p><p>Big banks including JPMorgan Chase &amp; Co and Citigroup will be among companies kicking off March-quarter reporting season next week, with investors eager for updates on the health of the financial industry.</p><p>Analysts on average expect aggregate S&amp;P 500 company earnings for the first quarter to have fallen 5% year-over-year, according to Refinitiv I/B/E/S.</p><p>Declining stocks outnumbered rising ones within the S&amp;P 500 by a 1.2-to-one ratio.</p><p>The S&amp;P 500 posted 11 new highs and two new lows; the Nasdaq recorded 39 new highs and 269 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 10.1 billion shares traded, compared to an average of 12.7 billion shares over the previous 20 sessions.</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>S&P 500 Ends Lower As Recession Fears Take Center Stage</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; 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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\">\nS&P 500 Ends Lower As Recession Fears Take Center Stage\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\">2023-04-06 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>*U.S. service sector slows in March; inflation cools</p><p>*March private payrolls miss estimates</p><p>*FedEx up on plan to consolidate operating divisions</p><p>*Final snapshot: S&amp;P 500 -0.25%, Nasdaq -1.07%, Dow +0.24%</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/148a9575838512109ccd82ae8e486d62\" tg-width=\"1080\" tg-height=\"1920\"/></p><p>April 5 (Reuters) - The S&amp;P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve&#39;s rapid interest rate hikes might tip the U.S. economy into a recession.</p><p>Nvidia Corp dropped 2.1% and was among the stocks weighing most on the S&amp;P 500 after Alphabet Inc&#39;s Google unit said the supercomputers it uses to train its artificial intelligence models were faster and more power-efficient than comparable components made by the chipmaker.</p><p>Tesla Inc fell 3.7%, while Amazon and Apple declined more than 1%, pulling down the Nasdaq and reversing gains in some of Wall Street&#39;s most valuable companies in recent weeks.</p><p>Caterpillar, viewed as a bellwether for the industrial sector, dropped 1.8%, bringing its loss over the past two days to 7% as investors fretted about a potential economic downturn.</p><p>The S&amp;P 500 declined 0.25% to end the session at 4,090.38 points.</p><p>The Nasdaq fell 1.07% to 11,996.86 points, while the Dow Jones Industrial Average rose 0.24% to 33,482.72 points.</p><p>Driving the recession fears, the ADP National Employment report showed U.S. private employers hired far fewer workers than expected in March. That followed Tuesday&#39;s weak job openings data.</p><p>As well, the Institute for Supply Management&#39;s survey showed the services sector slowed more than expected last month on cooling demand, while a measure of prices paid by services businesses fell to a near three-year low.</p><p>Earlier this week data showed falling factory orders and soft manufacturing activity.</p><p>Wall Street&#39;s recent losses in reaction to signs of a slowing economy mark a change from recent months, when investors cheered weak economic data on the basis that it might mean the Fed&#39;s interest rate hikes were working and that the Fed could ease up on its campaign to rein in decades-high inflation.</p><p>&#34;We may have transitioned from the notion that &#39;bad news is good news&#39; to &#39;bad new is bad news&#39;,&#34; said Jay Hatfield, chief executive and portfolio manager at InfraCap in New York. &#34;Fear about a recession is the dominant theme.&#34;</p><p>Reflecting worries about the economy and recent turmoil in the banking sector, interest rate futures imply 61% odds that the Fed will cut interest rates from current levels by the end of its July meeting, according to CME Group&#39;s Fedwatch tool.</p><p>Of the 11 S&amp;P 500 sector indexes, seven declined, led lower by consumer discretionary, down 2.04%, followed by a 1.3% loss in industrials .</p><p>Among stocks that kept the Dow Jones Industrial Average in positive territory, Johnson &amp; Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.</p><p>Artificial intelligence C3.ai Inc tumbled more than 15%, sliding for a second day after a short seller alleged accounting issues. The AI company denied the allegations in an emailed response to Reuters.</p><p>FedEx Corp rose 1.5% as the freight bellwether firm said it will fold its operating divisions into one organization as it steps up efforts to cut costs and increase efficiency.</p><p>Big banks including JPMorgan Chase &amp; Co and Citigroup will be among companies kicking off March-quarter reporting season next week, with investors eager for updates on the health of the financial industry.</p><p>Analysts on average expect aggregate S&amp;P 500 company earnings for the first quarter to have fallen 5% year-over-year, according to Refinitiv I/B/E/S.</p><p>Declining stocks outnumbered rising ones within the S&amp;P 500 by a 1.2-to-one ratio.</p><p>The S&amp;P 500 posted 11 new highs and two new lows; the Nasdaq recorded 39 new highs and 269 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 10.1 billion shares traded, compared to an average of 12.7 billion shares over the previous 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS",".SPX":"S&P 500 Index","JNJ":"强生","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","CAT":"卡特彼勒","LU1046421795.USD":"富达环球科技A-ACC","FDX":"联邦快递","LU0444971666.USD":"天利全球科技基金","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","AI":"C3.ai, Inc.","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC",".IXIC":"NASDAQ Composite","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4566":"资本集团","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4551":"寇图资本持仓","LU0238689110.USD":"贝莱德环球动力股票基金","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4576":"AR","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4525":"远程办公概念","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","TSLA":"特斯拉","BK4149":"建筑机械与重型卡车","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4524":"宅经济概念","BK4082":"医疗保健设备","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4588":"碎股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","NVDA":"英伟达",".DJI":"道琼斯","BK4503":"景林资产持仓","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325313401","content_text":"*U.S. service sector slows in March; inflation cools*March private payrolls miss estimates*FedEx up on plan to consolidate operating divisions*Final snapshot: S&P 500 -0.25%, Nasdaq -1.07%, Dow +0.24%April 5 (Reuters) - The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve's rapid interest rate hikes might tip the U.S. economy into a recession.Nvidia Corp dropped 2.1% and was among the stocks weighing most on the S&P 500 after Alphabet Inc's Google unit said the supercomputers it uses to train its artificial intelligence models were faster and more power-efficient than comparable components made by the chipmaker.Tesla Inc fell 3.7%, while Amazon and Apple declined more than 1%, pulling down the Nasdaq and reversing gains in some of Wall Street's most valuable companies in recent weeks.Caterpillar, viewed as a bellwether for the industrial sector, dropped 1.8%, bringing its loss over the past two days to 7% as investors fretted about a potential economic downturn.The S&P 500 declined 0.25% to end the session at 4,090.38 points.The Nasdaq fell 1.07% to 11,996.86 points, while the Dow Jones Industrial Average rose 0.24% to 33,482.72 points.Driving the recession fears, the ADP National Employment report showed U.S. private employers hired far fewer workers than expected in March. That followed Tuesday's weak job openings data.As well, the Institute for Supply Management's survey showed the services sector slowed more than expected last month on cooling demand, while a measure of prices paid by services businesses fell to a near three-year low.Earlier this week data showed falling factory orders and soft manufacturing activity.Wall Street's recent losses in reaction to signs of a slowing economy mark a change from recent months, when investors cheered weak economic data on the basis that it might mean the Fed's interest rate hikes were working and that the Fed could ease up on its campaign to rein in decades-high inflation.\"We may have transitioned from the notion that 'bad news is good news' to 'bad new is bad news',\" said Jay Hatfield, chief executive and portfolio manager at InfraCap in New York. \"Fear about a recession is the dominant theme.\"Reflecting worries about the economy and recent turmoil in the banking sector, interest rate futures imply 61% odds that the Fed will cut interest rates from current levels by the end of its July meeting, according to CME Group's Fedwatch tool.Of the 11 S&P 500 sector indexes, seven declined, led lower by consumer discretionary, down 2.04%, followed by a 1.3% loss in industrials .Among stocks that kept the Dow Jones Industrial Average in positive territory, Johnson & Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.Artificial intelligence C3.ai Inc tumbled more than 15%, sliding for a second day after a short seller alleged accounting issues. The AI company denied the allegations in an emailed response to Reuters.FedEx Corp rose 1.5% as the freight bellwether firm said it will fold its operating divisions into one organization as it steps up efforts to cut costs and increase efficiency.Big banks including JPMorgan Chase & Co and Citigroup will be among companies kicking off March-quarter reporting season next week, with investors eager for updates on the health of the financial industry.Analysts on average expect aggregate S&P 500 company earnings for the first quarter to have fallen 5% year-over-year, according to Refinitiv I/B/E/S.Declining stocks outnumbered rising ones within the S&P 500 by a 1.2-to-one ratio.The S&P 500 posted 11 new highs and two new lows; the Nasdaq recorded 39 new highs and 269 new lows.Volume on U.S. exchanges was relatively light, with 10.1 billion shares traded, compared to an average of 12.7 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928571051,"gmtCreate":1671330519274,"gmtModify":1676538525208,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928571051","repostId":"2292831501","repostType":2,"repost":{"id":"2292831501","kind":"highlight","pubTimestamp":1671321913,"share":"https://ttm.financial/m/news/2292831501?lang=&edition=fundamental","pubTime":"2022-12-18 08:05","market":"us","language":"en","title":"Will Tesla Ever Be a Trillion-Dollar Stock Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=2292831501","media":"Motley Fool","summary":"The electric car maker has a long road ahead to make it back to that elite club.","content":"<html><head></head><body><p>It wasn&#39;t all that long ago that <b>Tesla</b> had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that club has just three members: <b>Apple</b>, <b>Microsoft</b>, and <b>Alphabet</b>.</p><p>Since then, Tesla&#39;s stock has fallen hard, losing nearly 60% of its value, and some are actively rooting for it to fail.</p><p>While Tesla has its fans who seemingly wear rose-colored glasses about any of its flaws, the critics don green eyeshades tinted a few shades too dark that blind them to the EV maker&#39;s enduring potential.</p><p>Somewhere between those extremes lies the truth about Tesla, so let&#39;s see if there is any hope the premier EV stock can be a $1 trillion company again.</p><h2>First off the line</h2><p>There&#39;s no doubt Elon Musk and Tesla brought electric vehicles into the mainstream. While there were other EVs before Tesla (they&#39;ve actually existed for almost 200 years), it was the Roadster that changed the auto industry due to the range of its battery, speed, acceleration, and price that made it comparable to gas-powered cars.</p><p>That first-mover status boosted Tesla to the forefront of the electric car industry, a place it remains in with a 64% market share, as of the end of the third quarter. While that&#39;s down from the 75% it held back in the first quarter, it&#39;s also a natural consequence of so many competitors entering the market.</p><p>The Model Y and Model 3 have sold a combined 347,000 vehicles so far this year, far ahead of <b>Ford</b>&#39;s No. 2 Mustang Mach-E at 28,000. In fact, Tesla owns four of the top six slots (<b>General Motors&#39;</b> Chevy Bolt is fourth with 22,000 vehicles sold).</p><p>However, <b>Bank of America</b> recently issued a report indicating its analysts expect both Ford and GM to surpass Tesla&#39;s market share, which is forecast to fall to just 11% in North America by 2025.</p><p>Tesla is currently the big fish in a small pond. In just a few years time, however, EVs will equal 10% of the entire auto market and the two big automakers&#39; EVs are cheaper than Tesla&#39;s and appeal to a different car buyer.</p><h2>Built on a shaky foundation</h2><p>Despite the expected growth in demand for EVs, Tesla and other manufacturers have a number of hurdles they&#39;re going to need to surmount that could make achieving their goals feasible.</p><p>First, demand is propped up by tax credits, and should they go away; sales could falter. The so-called Inflation Reduction Act passed in August created a new array of incentives for the next few years, but it may not be fiscally responsible to keep them going indefinitely.</p><p>Second, the electric grid will be severely stressed from all the electric cars plugging in to charge and will need to be overhauled. That may not be feasible or cheap to accomplish as it will result in large costs for generating, transmitting, and storing power. Even as California was announcing a ban on fossil fuel-powered vehicles by 2035 this past summer, it was also asking EV owners not to charge their cars to help conserve energy.</p><p>Third, EV makers face soaring costs for finite resources, particularly for the batteries needed to power their vehicles. Lithium, for example, a key component of EV batteries, currently costs around $80,000 a tonne, or 1,000% more than it did two years ago.</p><p>EVs also require substantial amounts of graphite, cobalt, rare earth metals, and nickel, and the total global production of these metals cannot match demand for them.</p><h2>A long road ahead</h2><p>While there is a search happening for alternatives to using different materials to power EVs and to upgrading and overhauling the electric grid, car manufacturers may face difficulty in seeing the growth they forecast.</p><p>Tesla itself is having a tough time selling cars in China. Although sales in November were up 90% year over year, it was a result of cutting prices and providing greater incentives to buyers. The 100,000 vehicles sold was also half of what Chinese rival BYD sold. Competition in Europe will be fierce, too.</p><p>Musk has also been selling Tesla stock, selling 19.5 million shares in November and another 20 million or so in December, likely to help finance his acquisition of Twitter.</p><p>Over the long haul, though, Tesla doesn&#39;t seem like it&#39;s going to run off the road and still has plenty of opportunity for growth. Yet it would require a near tripling in value for its stock to hit a $1 trillion valuation. It seems plausible, but investors may need the patience to wait for a number of years for that to happen.</p></body></html>","source":"fool_stock","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>Will Tesla Ever Be a Trillion-Dollar Stock Again?</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\">\nWill Tesla Ever Be a Trillion-Dollar Stock Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-18 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It wasn't all that long ago that Tesla had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/\">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://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292831501","content_text":"It wasn't all that long ago that Tesla had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that club has just three members: Apple, Microsoft, and Alphabet.Since then, Tesla's stock has fallen hard, losing nearly 60% of its value, and some are actively rooting for it to fail.While Tesla has its fans who seemingly wear rose-colored glasses about any of its flaws, the critics don green eyeshades tinted a few shades too dark that blind them to the EV maker's enduring potential.Somewhere between those extremes lies the truth about Tesla, so let's see if there is any hope the premier EV stock can be a $1 trillion company again.First off the lineThere's no doubt Elon Musk and Tesla brought electric vehicles into the mainstream. While there were other EVs before Tesla (they've actually existed for almost 200 years), it was the Roadster that changed the auto industry due to the range of its battery, speed, acceleration, and price that made it comparable to gas-powered cars.That first-mover status boosted Tesla to the forefront of the electric car industry, a place it remains in with a 64% market share, as of the end of the third quarter. While that's down from the 75% it held back in the first quarter, it's also a natural consequence of so many competitors entering the market.The Model Y and Model 3 have sold a combined 347,000 vehicles so far this year, far ahead of Ford's No. 2 Mustang Mach-E at 28,000. In fact, Tesla owns four of the top six slots (General Motors' Chevy Bolt is fourth with 22,000 vehicles sold).However, Bank of America recently issued a report indicating its analysts expect both Ford and GM to surpass Tesla's market share, which is forecast to fall to just 11% in North America by 2025.Tesla is currently the big fish in a small pond. In just a few years time, however, EVs will equal 10% of the entire auto market and the two big automakers' EVs are cheaper than Tesla's and appeal to a different car buyer.Built on a shaky foundationDespite the expected growth in demand for EVs, Tesla and other manufacturers have a number of hurdles they're going to need to surmount that could make achieving their goals feasible.First, demand is propped up by tax credits, and should they go away; sales could falter. The so-called Inflation Reduction Act passed in August created a new array of incentives for the next few years, but it may not be fiscally responsible to keep them going indefinitely.Second, the electric grid will be severely stressed from all the electric cars plugging in to charge and will need to be overhauled. That may not be feasible or cheap to accomplish as it will result in large costs for generating, transmitting, and storing power. Even as California was announcing a ban on fossil fuel-powered vehicles by 2035 this past summer, it was also asking EV owners not to charge their cars to help conserve energy.Third, EV makers face soaring costs for finite resources, particularly for the batteries needed to power their vehicles. Lithium, for example, a key component of EV batteries, currently costs around $80,000 a tonne, or 1,000% more than it did two years ago.EVs also require substantial amounts of graphite, cobalt, rare earth metals, and nickel, and the total global production of these metals cannot match demand for them.A long road aheadWhile there is a search happening for alternatives to using different materials to power EVs and to upgrading and overhauling the electric grid, car manufacturers may face difficulty in seeing the growth they forecast.Tesla itself is having a tough time selling cars in China. Although sales in November were up 90% year over year, it was a result of cutting prices and providing greater incentives to buyers. The 100,000 vehicles sold was also half of what Chinese rival BYD sold. Competition in Europe will be fierce, too.Musk has also been selling Tesla stock, selling 19.5 million shares in November and another 20 million or so in December, likely to help finance his acquisition of Twitter.Over the long haul, though, Tesla doesn't seem like it's going to run off the road and still has plenty of opportunity for growth. Yet it would require a near tripling in value for its stock to hit a $1 trillion valuation. It seems plausible, but investors may need the patience to wait for a number of years for that to happen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957221797,"gmtCreate":1677298374919,"gmtModify":1677298378656,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957221797","repostId":"2314011339","repostType":4,"repost":{"id":"2314011339","kind":"highlight","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":1677279021,"share":"https://ttm.financial/m/news/2314011339?lang=&edition=fundamental","pubTime":"2023-02-25 06:50","market":"us","language":"en","title":"Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2314011339","media":"Reuters","summary":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor th","content":"<html><head></head><body><ul><li>Dow&#39;s worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&amp;P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&amp;P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street&#39;s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow&#39;s fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&amp;P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed&#39;s preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>&#34;This market has not yet realized the likelihood of a recession that we think is reality,&#34; he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>&#34;We don&#39;t think (a recession is) a given, but there&#39;s a higher likelihood than the market has embedded in its thought process.&#34;</p><p>Traders of futures tied to the Fed&#39;s policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&amp;P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&amp;P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker&#39;s $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe&#39;s stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer&#39;s stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</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 St Ends Sharply Down, Posts Biggest Weekly Drop of 2023</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 St Ends Sharply Down, Posts Biggest Weekly Drop of 2023\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\">2023-02-25 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Dow&#39;s worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&amp;P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&amp;P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street&#39;s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow&#39;s fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&amp;P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed&#39;s preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>&#34;This market has not yet realized the likelihood of a recession that we think is reality,&#34; he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>&#34;We don&#39;t think (a recession is) a given, but there&#39;s a higher likelihood than the market has embedded in its thought process.&#34;</p><p>Traders of futures tied to the Fed&#39;s policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&amp;P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&amp;P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker&#39;s $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe&#39;s stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer&#39;s stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"513500":"标普500ETF","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","NVDA":"英伟达","LU0097036916.USD":"贝莱德美国增长A2 USD","SSO":"两倍做多标普500ETF","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4196":"保健护理服务","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4524":"宅经济概念","BK4535":"淡马锡持仓","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4559":"巴菲特持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","OEF":"标普100指数ETF-iShares","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4588":"碎股","APR":"Apria, Inc.","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","TSLA":"特斯拉","LU0122376428.USD":"贝莱德世界能源基金A2","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","CGEM":"Cullinan Therapeutics","BK4581":"高盛持仓","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","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4099":"汽车制造商","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC",".DJI":"道琼斯","LU0823411888.USD":"法巴消费创新基金 Cap","RRC":"山脉资源","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc",".IXIC":"NASDAQ Composite","LABP":"Landos Biopharma, Inc.","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc",".SPX":"S&P 500 Index","BK4532":"文艺复兴科技持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2314011339","content_text":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.\"This market has not yet realized the likelihood of a recession that we think is reality,\" he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.\"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process.\"Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.Adobe Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954667681,"gmtCreate":1676335141444,"gmtModify":1676335144885,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954667681","repostId":"1124797260","repostType":4,"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947817129,"gmtCreate":1682901141062,"gmtModify":1682901145547,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947817129","repostId":"1139971500","repostType":2,"repost":{"id":"1139971500","kind":"news","pubTimestamp":1682898506,"share":"https://ttm.financial/m/news/1139971500?lang=&edition=fundamental","pubTime":"2023-05-01 07:48","market":"us","language":"en","title":"Charlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans","url":"https://stock-news.laohu8.com/highlight/detail?id=1139971500","media":"Financial Times","summary":"Charlie Munger has warned of a brewing storm in the US commercial property market, with American ban","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/421f865ff9ae1b182c5661175627c32a\" alt=\" \t\" title=\" \t\" tg-width=\"700\" tg-height=\"394\"/><span> \t</span></p><p>Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.</p><p>The comments from the 99-year-old investor and sidekick to billionaire Warren Buffett come as turmoil ripples through the country’s financial system, which is reckoning with a potential commercial property crash following a handful of bank failures.</p><p>“It’s not nearly as bad as it was in 2008,” the Berkshire Hathaway vice-chair told the Financial Times in an interview. “But trouble happens to banking just like trouble happens everywhere else. In the good times you get into bad habits . . . When bad times come they lose too much.”</p><p>Munger was speaking on the veranda of his home in Greater Wilshire, a leafy neighbourhood of Los Angeles where he has lived for 60 years since he designed the property himself.</p><p>Dressed in a plaid shirt, Munger held court from his wheelchair as the travails of ailing California-based bank First Republic were playing out in real time on a television screen airing CNBC in the background.</p><p>Berkshire has a long history of supporting US banks through periods of financial instability. The sprawling industrials-to-insurance behemoth invested $5bn in Goldman Sachs during the 2007-08 financial crisis and a similar sum in Bank of America in 2011.</p><p>But the company has so far stayed on the sidelines of the current bout of turmoil, during which Silicon Valley Bank and Signature Bank collapsed. “Berkshire has made some bank investments that worked out very well for us,” said Munger. “We’ve had some disappointment in banks, too. It’s not that damned easy to run a bank intelligently, there are a lot of temptations to do the wrong thing.”</p><p>Their reticence stems in part from lurking risks in banks’ vast portfolios of commercial property loans. “A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.”</p><p>He noted that banks were already pulling back from lending to commercial developers. “Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said. “They all seem [to be] too much trouble.”</p><p>Munger grew up in Omaha, Nebraska, a few hundred feet from where Buffett now lives. The two met in 1959, when Buffett was 28 and Munger 35. Munger, who at one point worked in a grocery store owned by Buffett’s grandfather, trained as a lawyer before being coaxed into investment by his soon-to-be partner.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67b9dc3399d647d6e77df5fadee12f22\" title=\"Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959\" tg-width=\"700\" tg-height=\"466\"/><span>Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959</span></p><p>Buffett has credited Munger with encouraging him to move on from the “cigar-butt strategy” espoused by his mentor Benjamin Graham, which involved buying cheap stocks akin to a discarded cigar where just a single puff of value remained.</p><p>In 2015, Buffett wrote in the conglomerate’s 50th annual letter: “The blueprint he [Munger] gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.”</p><p>This approach has served them well. Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&amp;P 500 stock index, since 1965.</p><p>“We were a creature of a particular time and a perfect set of opportunities,” said Munger, adding he had lived during “a perfect period to be a common stock investor”.</p><p>He and Buffett had benefited “by and large [from] low interest rates, low equity values, ample opportunities ”, he said.</p><p>Munger said he had made most of his money from just four investments: Berkshire, retailer Costco, his investment in a fund managed by Li Lu’s Himalaya Capital and Afton Properties, a real estate venture that owns apartment buildings in California and New Jersey. Forbes estimates his wealth at $2.4bn.</p><p>“It’s the nature of things that a very intelligent man working hard maybe gets three, four, five really good long-term opportunities of buying great companies at a cheap price,” he said. “It happens rarely.”</p><p>Ahead of the company’s annual meeting on Saturday, tens of thousands of Berkshire shareholders will descend on Omaha to hear from the two nonagenarian investors as they attend something akin to a festival of capitalism.</p><p>But Munger warned that the golden age for investing was over and investors would need to contend with a period of lower returns.</p><p>“It’s gotten very tough to have anything like the returns that were obtained in the past,” he said, pointing to higher interest rates and a crowded field of investors chasing bargains and looking for companies with inefficiencies.</p><p>“[At] the exact time that the game is getting tougher we’ve got more and more people trying to play it,” he said.</p><p>Berkshire has struggled to find worthwhile investments at times over the past decade, a fact epitomised by a cash balance that often sits in excess of $100bn and the choice by the company to buy back tens of billions of dollars of its own shares.</p><p>Munger also took aim at his own industry, hitting out at a “glut of investment managers that’s bad for the country”. Many of them are little more than “fortune tellers or astrologers who are dragging money out of their clients’ accounts, which [is] not being earned by any useful service”.</p><p>He had harsh words for buyout groups as well. “There’s too much private equity, too many buyers of all kinds . . it’s making it a very tough game for everybody.”</p><p>“The people getting the fees are still doing well,” he said of private equity fund managers. But he warned: “People that aren’t being served very well by paying all those fees may eventually be unwilling to pay them.”</p><p>Where Buffett has emphatically told Berkshire shareholders to “never bet against America”, Munger is more cautious. “I do not think that we can take it as a given that American democracy will prosper and flourish forever,” he said. “But I think we’ll stumble through pretty well for quite a while yet.”</p><p>On his own imprint on the world, Munger said: “I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense.”</p></body></html>","source":"lsy1580170736413","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>Charlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans</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; 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}\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\">\nCharlie Munger: US Banks Are \"Full of\" Bad Commercial Property Loans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-01 07:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.The comments from the 99-year-old...</p>\n\n<a href=\"https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","JPM":"摩根大通","C":"花旗","BRK.B":"伯克希尔B","BX":"黑石","WFC":"富国银行","BRK.A":"伯克希尔"},"source_url":"https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139971500","content_text":"Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.The comments from the 99-year-old investor and sidekick to billionaire Warren Buffett come as turmoil ripples through the country’s financial system, which is reckoning with a potential commercial property crash following a handful of bank failures.“It’s not nearly as bad as it was in 2008,” the Berkshire Hathaway vice-chair told the Financial Times in an interview. “But trouble happens to banking just like trouble happens everywhere else. In the good times you get into bad habits . . . When bad times come they lose too much.”Munger was speaking on the veranda of his home in Greater Wilshire, a leafy neighbourhood of Los Angeles where he has lived for 60 years since he designed the property himself.Dressed in a plaid shirt, Munger held court from his wheelchair as the travails of ailing California-based bank First Republic were playing out in real time on a television screen airing CNBC in the background.Berkshire has a long history of supporting US banks through periods of financial instability. The sprawling industrials-to-insurance behemoth invested $5bn in Goldman Sachs during the 2007-08 financial crisis and a similar sum in Bank of America in 2011.But the company has so far stayed on the sidelines of the current bout of turmoil, during which Silicon Valley Bank and Signature Bank collapsed. “Berkshire has made some bank investments that worked out very well for us,” said Munger. “We’ve had some disappointment in banks, too. It’s not that damned easy to run a bank intelligently, there are a lot of temptations to do the wrong thing.”Their reticence stems in part from lurking risks in banks’ vast portfolios of commercial property loans. “A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.”He noted that banks were already pulling back from lending to commercial developers. “Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said. “They all seem [to be] too much trouble.”Munger grew up in Omaha, Nebraska, a few hundred feet from where Buffett now lives. The two met in 1959, when Buffett was 28 and Munger 35. Munger, who at one point worked in a grocery store owned by Buffett’s grandfather, trained as a lawyer before being coaxed into investment by his soon-to-be partner.Berkshire Hathaway chair Warren Buffett, left, and vice-chair Charlie Munger have known each other since 1959Buffett has credited Munger with encouraging him to move on from the “cigar-butt strategy” espoused by his mentor Benjamin Graham, which involved buying cheap stocks akin to a discarded cigar where just a single puff of value remained.In 2015, Buffett wrote in the conglomerate’s 50th annual letter: “The blueprint he [Munger] gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.”This approach has served them well. Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&P 500 stock index, since 1965.“We were a creature of a particular time and a perfect set of opportunities,” said Munger, adding he had lived during “a perfect period to be a common stock investor”.He and Buffett had benefited “by and large [from] low interest rates, low equity values, ample opportunities ”, he said.Munger said he had made most of his money from just four investments: Berkshire, retailer Costco, his investment in a fund managed by Li Lu’s Himalaya Capital and Afton Properties, a real estate venture that owns apartment buildings in California and New Jersey. Forbes estimates his wealth at $2.4bn.“It’s the nature of things that a very intelligent man working hard maybe gets three, four, five really good long-term opportunities of buying great companies at a cheap price,” he said. “It happens rarely.”Ahead of the company’s annual meeting on Saturday, tens of thousands of Berkshire shareholders will descend on Omaha to hear from the two nonagenarian investors as they attend something akin to a festival of capitalism.But Munger warned that the golden age for investing was over and investors would need to contend with a period of lower returns.“It’s gotten very tough to have anything like the returns that were obtained in the past,” he said, pointing to higher interest rates and a crowded field of investors chasing bargains and looking for companies with inefficiencies.“[At] the exact time that the game is getting tougher we’ve got more and more people trying to play it,” he said.Berkshire has struggled to find worthwhile investments at times over the past decade, a fact epitomised by a cash balance that often sits in excess of $100bn and the choice by the company to buy back tens of billions of dollars of its own shares.Munger also took aim at his own industry, hitting out at a “glut of investment managers that’s bad for the country”. Many of them are little more than “fortune tellers or astrologers who are dragging money out of their clients’ accounts, which [is] not being earned by any useful service”.He had harsh words for buyout groups as well. “There’s too much private equity, too many buyers of all kinds . . it’s making it a very tough game for everybody.”“The people getting the fees are still doing well,” he said of private equity fund managers. But he warned: “People that aren’t being served very well by paying all those fees may eventually be unwilling to pay them.”Where Buffett has emphatically told Berkshire shareholders to “never bet against America”, Munger is more cautious. “I do not think that we can take it as a given that American democracy will prosper and flourish forever,” he said. “But I think we’ll stumble through pretty well for quite a while yet.”On his own imprint on the world, Munger said: “I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940880471,"gmtCreate":1677809403293,"gmtModify":1677809406087,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9940880471","repostId":"2316969587","repostType":4,"repost":{"id":"2316969587","kind":"highlight","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":1677806965,"share":"https://ttm.financial/m/news/2316969587?lang=&edition=fundamental","pubTime":"2023-03-03 09:29","market":"us","language":"en","title":"The Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2316969587","media":"Dow Jones","summary":"Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk ","content":"<html><head></head><body><p>Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year&#39;s punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.</p><p>But some Wall Street analysts say they&#39;ve found an explanation that has little to do with inflation and the state of the global economy.</p><p>The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they&#39;re trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That&#39;s due in part to factors that are outside the control of policy makers.</p><h2>A trillion-dollar boost to asset prices</h2><p>In a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world&#39;s largest central banks had recently injected $1 trillion into the global financial system.</p><p>The bulk of this increase, according to King&#39;s analysis, came from the People&#39;s Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.</p><p>&#34;Even as the central banks have told us they&#39;re going to be tightening, it turns out that on at a global level, they&#39;ve just added $1 trillion worth of liquidity over the past three months,&#34; King said.</p><p>In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.</p><p>When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.</p><p>The chart below tracks the performance of the MSCI World Index  against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.</p><h2>U.S. bank reserves flat-line</h2><p>But even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.</p><p>For more than a year now, the Federal Reserve has been trumpeting its plans to &#34;tighten&#34; liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.</p><p>And while the size of the Fed&#39;s bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.</p><p>According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That&#39;s a modest increase from $2.9 trillion at the end of September.</p><p>&#34;The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling,&#34;  Howell said.</p><p>This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.</p><h2>Stocks coming off the boil</h2><p>To be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite  rising more than 10% in January for its best start to a year in two decades, according to FactSet data.</p><p>That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market&#39;s rescue remains to be seen.</p><p>But it&#39;s certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it&#39;s possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.</p><p>After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&amp;P 500  and Dow Jones Industrial Average  all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.</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>The Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks</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\">\nThe Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks\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\">2023-03-03 09:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year&#39;s punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.</p><p>But some Wall Street analysts say they&#39;ve found an explanation that has little to do with inflation and the state of the global economy.</p><p>The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they&#39;re trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That&#39;s due in part to factors that are outside the control of policy makers.</p><h2>A trillion-dollar boost to asset prices</h2><p>In a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world&#39;s largest central banks had recently injected $1 trillion into the global financial system.</p><p>The bulk of this increase, according to King&#39;s analysis, came from the People&#39;s Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.</p><p>&#34;Even as the central banks have told us they&#39;re going to be tightening, it turns out that on at a global level, they&#39;ve just added $1 trillion worth of liquidity over the past three months,&#34; King said.</p><p>In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.</p><p>When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.</p><p>The chart below tracks the performance of the MSCI World Index  against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.</p><h2>U.S. bank reserves flat-line</h2><p>But even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.</p><p>For more than a year now, the Federal Reserve has been trumpeting its plans to &#34;tighten&#34; liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.</p><p>And while the size of the Fed&#39;s bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.</p><p>According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That&#39;s a modest increase from $2.9 trillion at the end of September.</p><p>&#34;The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling,&#34;  Howell said.</p><p>This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.</p><h2>Stocks coming off the boil</h2><p>To be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite  rising more than 10% in January for its best start to a year in two decades, according to FactSet data.</p><p>That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market&#39;s rescue remains to be seen.</p><p>But it&#39;s certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it&#39;s possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.</p><p>After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&amp;P 500  and Dow Jones Industrial Average  all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316969587","content_text":"Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year's punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.But some Wall Street analysts say they've found an explanation that has little to do with inflation and the state of the global economy.The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they're trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That's due in part to factors that are outside the control of policy makers.A trillion-dollar boost to asset pricesIn a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world's largest central banks had recently injected $1 trillion into the global financial system.The bulk of this increase, according to King's analysis, came from the People's Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.\"Even as the central banks have told us they're going to be tightening, it turns out that on at a global level, they've just added $1 trillion worth of liquidity over the past three months,\" King said.In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.The chart below tracks the performance of the MSCI World Index  against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.U.S. bank reserves flat-lineBut even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.For more than a year now, the Federal Reserve has been trumpeting its plans to \"tighten\" liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.And while the size of the Fed's bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That's a modest increase from $2.9 trillion at the end of September.\"The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling,\"  Howell said.This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.Stocks coming off the boilTo be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite  rising more than 10% in January for its best start to a year in two decades, according to FactSet data.That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market's rescue remains to be seen.But it's certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it's possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&P 500  and Dow Jones Industrial Average  all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928939053,"gmtCreate":1671161408973,"gmtModify":1676538501823,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9928939053","repostId":"2291153000","repostType":4,"repost":{"id":"2291153000","kind":"news","pubTimestamp":1671152835,"share":"https://ttm.financial/m/news/2291153000?lang=&edition=fundamental","pubTime":"2022-12-16 09:07","market":"us","language":"en","title":"Stock Market Traders Discover That Bad News Is Bad After All","url":"https://stock-news.laohu8.com/highlight/detail?id=2291153000","media":"Bloomberg","summary":"Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, sa","content":"<html><head></head><body><ul><li>Concern is growth and what will happen to economy: Mahajan</li><li>The bottom isn’t in yet for the market, says Lovell at UBS</li></ul><p>Order is being restored in financial markets, a frightening development for equity bulls.</p><p>For the first time in a long time, news that was bad for the economy was bad for the stock market as well, more proof that recession fear has replaced inflation angst as that market’s biggest bugaboo. That bonds took the news in stride is nice for investors with a toe in each market, but adds to evidence that concern about the economy has become the bigger input to both.</p><p>Rather than rise on speculation that weak data would curb Federal Reserve tightening, the S&amp;P 500 dropped 2.5% on Thursday, while the Nasdaq 100 lost 3.4%. Small-cap stocks lost more than 2.5% and the VIX volatility gauge shot back above 22. The yield on 10-year Treasuries hovered around 3.45%, down from a peak of 3.63% earlier this week.</p><p>“The concern is growth and what’s going to happen to the economy, and is the Fed pushing us into recession,” Mona Mahajan, senior investment strategist at Edward Jones, said on Bloomberg’s “What Goes Up” podcast on Thursday. “Markets won’t ignore the fact that we’re entering a downturn — and so could we head back toward those lows, give up some of the gains that we’ve seen recently? We think that is certainly a scenario that is a credible one.”</p><p><img src=\"https://static.tigerbbs.com/53d23fd0d5e7c8cff39bf6af275f2547\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>In months prior, bad economic news was often taken as good by investors because it suggested the Federal Reserve’s interest-rate increases were working as intended to cool the economy and tamp down inflation. But now a shift may be at hand: Many investors are worrying more about a recession in 2023, with the risk increasing that the Fed could overtighten.</p><p>Data Thursday suggested US economic growth is slowing, with retail sales and manufacturing dropping last month, though the labor market has remained strong. Retail sales fell in November by the most in nearly a year, calling into question the health of the consumer, while several factory measures also showed contraction, burdened by weaker demand, among other things. Meanwhile, regional Federal Reserve banks data showed that manufacturing weakened in both the New York and Philadelphia regions by more than expected — the latter’s new orders gauge fell to the lowest since the onset of the pandemic.</p><p>“Investors took their eye off the ball and were hoping for a glide path into the holidays,” said Mike Bailey, director of research at FBB Capital Partners. “Markets are realizing that we are in for a staring contest between Jay Powell and investors that could go on for three, six, or nine months.” He added that yields on short-term Treasuries rose Thursday, while those on longer-term ones declined, “which would support a theme of a hawkish Fed move near-term, pushing rates up, but also leading to perhaps a worse recession, which might suggest slower long-term growth and lower long rates.”</p><p>The iShares 20+ Year Treasury Bond ETF, known by its ticker TLT, is on pace to beat the SPDR S&amp;P 500 ETF Trust (SPY) for five straight weeks, the longest winning streak since March of 2020. The Treasury fund is outperforming the latter by nearly 10 percentage points in December, poised for its best month since that period as well.</p><p>On Wednesday, the Fed raised its benchmark rate by 50 basis points to a 4.25%-to-4.5% target range and policymakers predicted rates would end next year at 5.1%, a higher level than previously indicated. Chair Jerome Powell reiterated that the central bank would keep rates higher for longer, and played down hopes for a rate cut next year.</p><p>The Fed also, among other projections, updated its forecast for the unemployment rate, saying it could rise to 4.6% next year — and such a hike from July’s trough of 3.5% “has never not caused a recession,” wrote Julian Emanuel, chief equity, derivatives and quantitative strategist at Evercore ISI, who added that no bear market has ever bottomed before a recession has started. Emanuel recommends a defensive position as the first half of 2023 could remain volatile still.</p><p>“The pullback in the market today — we aren’t surprised by it,” Nadia Lovell, UBS Global Wealth Management senior US equity strategist, told Bloomberg Television on Thursday. “This is a market that has traded on the hope that the Fed will not do what they say they will do. Yesterday they sent a clearly different message.”</p><p>“The risk is to the upside. That is what the market is grappling with today,” Lovell added. “We don’t yet think the bottom is into this market. You’ll probably see it in the first half of the year.”</p></body></html>","source":"lsy1584095487587","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>Stock Market Traders Discover That Bad News Is Bad After All</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\">\nStock Market Traders Discover That Bad News Is Bad After All\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, says Lovell at UBSOrder is being restored in financial markets, a frightening development for equity ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4111":"出版","BK4166":"消费信贷",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291153000","content_text":"Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, says Lovell at UBSOrder is being restored in financial markets, a frightening development for equity bulls.For the first time in a long time, news that was bad for the economy was bad for the stock market as well, more proof that recession fear has replaced inflation angst as that market’s biggest bugaboo. That bonds took the news in stride is nice for investors with a toe in each market, but adds to evidence that concern about the economy has become the bigger input to both.Rather than rise on speculation that weak data would curb Federal Reserve tightening, the S&P 500 dropped 2.5% on Thursday, while the Nasdaq 100 lost 3.4%. Small-cap stocks lost more than 2.5% and the VIX volatility gauge shot back above 22. The yield on 10-year Treasuries hovered around 3.45%, down from a peak of 3.63% earlier this week.“The concern is growth and what’s going to happen to the economy, and is the Fed pushing us into recession,” Mona Mahajan, senior investment strategist at Edward Jones, said on Bloomberg’s “What Goes Up” podcast on Thursday. “Markets won’t ignore the fact that we’re entering a downturn — and so could we head back toward those lows, give up some of the gains that we’ve seen recently? We think that is certainly a scenario that is a credible one.”In months prior, bad economic news was often taken as good by investors because it suggested the Federal Reserve’s interest-rate increases were working as intended to cool the economy and tamp down inflation. But now a shift may be at hand: Many investors are worrying more about a recession in 2023, with the risk increasing that the Fed could overtighten.Data Thursday suggested US economic growth is slowing, with retail sales and manufacturing dropping last month, though the labor market has remained strong. Retail sales fell in November by the most in nearly a year, calling into question the health of the consumer, while several factory measures also showed contraction, burdened by weaker demand, among other things. Meanwhile, regional Federal Reserve banks data showed that manufacturing weakened in both the New York and Philadelphia regions by more than expected — the latter’s new orders gauge fell to the lowest since the onset of the pandemic.“Investors took their eye off the ball and were hoping for a glide path into the holidays,” said Mike Bailey, director of research at FBB Capital Partners. “Markets are realizing that we are in for a staring contest between Jay Powell and investors that could go on for three, six, or nine months.” He added that yields on short-term Treasuries rose Thursday, while those on longer-term ones declined, “which would support a theme of a hawkish Fed move near-term, pushing rates up, but also leading to perhaps a worse recession, which might suggest slower long-term growth and lower long rates.”The iShares 20+ Year Treasury Bond ETF, known by its ticker TLT, is on pace to beat the SPDR S&P 500 ETF Trust (SPY) for five straight weeks, the longest winning streak since March of 2020. The Treasury fund is outperforming the latter by nearly 10 percentage points in December, poised for its best month since that period as well.On Wednesday, the Fed raised its benchmark rate by 50 basis points to a 4.25%-to-4.5% target range and policymakers predicted rates would end next year at 5.1%, a higher level than previously indicated. Chair Jerome Powell reiterated that the central bank would keep rates higher for longer, and played down hopes for a rate cut next year.The Fed also, among other projections, updated its forecast for the unemployment rate, saying it could rise to 4.6% next year — and such a hike from July’s trough of 3.5% “has never not caused a recession,” wrote Julian Emanuel, chief equity, derivatives and quantitative strategist at Evercore ISI, who added that no bear market has ever bottomed before a recession has started. Emanuel recommends a defensive position as the first half of 2023 could remain volatile still.“The pullback in the market today — we aren’t surprised by it,” Nadia Lovell, UBS Global Wealth Management senior US equity strategist, told Bloomberg Television on Thursday. “This is a market that has traded on the hope that the Fed will not do what they say they will do. Yesterday they sent a clearly different message.”“The risk is to the upside. That is what the market is grappling with today,” Lovell added. “We don’t yet think the bottom is into this market. You’ll probably see it in the first half of the year.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193465872666744,"gmtCreate":1688284704341,"gmtModify":1688284707604,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193465872666744","repostId":"1137645835","repostType":2,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944724771,"gmtCreate":1682220131593,"gmtModify":1682220135080,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944724771","repostId":"2329066914","repostType":2,"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945568926,"gmtCreate":1681519132266,"gmtModify":1681519135652,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945568926","repostId":"2327172094","repostType":2,"repost":{"id":"2327172094","kind":"highlight","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":1681502417,"share":"https://ttm.financial/m/news/2327172094?lang=&edition=fundamental","pubTime":"2023-04-15 04:00","market":"us","language":"en","title":"US STOCKS-Wall St Slides to Lower Close As Rate Hike Bets Firm, Banks Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2327172094","media":"Reuters","summary":"Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Fed","content":"<html><head></head><body><p>Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season.</p><p>All three major U.S. stock indexes ended in the red, but on the heels of Thursday&#39;s robust rally, all three major U.S. stock indexes notched weekly gains.</p><p>&#34;Today we&#39;re taking bit of a breather,&#34; said Sal Bruno, chief investment officer at IndexIQ in New York. &#34;After yesterday&#39;s sharp move up, the market might have gotten a little ahead of itself.&#34;</p><p>Citigroup Inc, JPMorgan Chase &amp; Co and Wells Fargo &amp; Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.</p><p>&#34;As expected, the bigger banks were probably not harmed that much by the regional banking turmoil, and possibly even beneficiaries of it,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;We saw mostly strong and healthy balance sheets, and it&#39;s pretty clear (the regional banking) crisis isn&#39;t systemic.&#34;</p><p>The S&amp;P 500 banking sector jumped, and JPMorgan Chase surged to its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since Nov. 9, 2020.</p><p>Citigroup also advanced, while Wells Fargo&#39;s shares were more muted.</p><p>But a slew of mixed economic data including retail sales, industrial production and consumer sentiment cemented expectations that the Fed will hike rates another 25 basis points at next month&#39;s policy meeting.</p><p>&#34;Industrial production and capacity utilization came in stronger than expected,&#34; Bruno added. &#34;Both point to an economy that still has some vibrancy, which gives Fed cover to continue its rate hike policy in May possibly into June.&#34;</p><p>Those expectations were underscored by Atlanta Fed President Raphael Bostic, who said another 25 basis point hike could allow the Fed to end its tightening cycle, even as Chicago Fed President Austan Goolsbee called for the central bank to be prudent.</p><p>At last glance, financial markets have priced in a roughly 80% likelihood of that happening, according to CME&#39;s FedWatch tool.</p><p>According to preliminary data, the S&amp;P 500 lost 8.58 points, or 0.21%, to end at 4,137.64 points, while the Nasdaq Composite lost 42.8 points, or 0.35%, to 12,123.47. The Dow Jones Industrial Average fell 143.22 points, or 0.42%, to 33,886.47.</p><p>First-quarter earnings season hits full stride next week, with results expected from several high profile companies including Goldman Sachs Group Inc, <a href=\"https://laohu8.com/S/MSSXV\">Morgan Stanley</a>, <a href=\"https://laohu8.com/S/BOAPL\">Bank of America Corp</a>, Netflix Inc and a long list of regional banks and industrials.</p><p>Analysts have lowered expectations, forecasting aggregate S&amp;P 500 earnings having fallen by 4.8% from a year ago, a reversal of the 1.4% year-on-year gain seen at the beginning of the quarter, according to Refinitiv.</p><p>BlackRock Inc advanced after the world&#39;s largest asset manager beat quarterly profit expectations.</p><p>Boeing Co slid after the planemaker halted deliveries of some 737 MAXs due to a supplier quality problem attributed to Spirit AeroSystems .</p><p>Spirit AeroSystems&#39; shares tumbled.</p><p>Shares of <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> dropped following the luxury electric automaker&#39;s disappointing first-quarter production and delivery numbers.</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 STOCKS-Wall St Slides to Lower Close As Rate Hike Bets Firm, Banks Jump</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 STOCKS-Wall St Slides to Lower Close As Rate Hike Bets Firm, Banks Jump\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\">2023-04-15 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season.</p><p>All three major U.S. stock indexes ended in the red, but on the heels of Thursday&#39;s robust rally, all three major U.S. stock indexes notched weekly gains.</p><p>&#34;Today we&#39;re taking bit of a breather,&#34; said Sal Bruno, chief investment officer at IndexIQ in New York. &#34;After yesterday&#39;s sharp move up, the market might have gotten a little ahead of itself.&#34;</p><p>Citigroup Inc, JPMorgan Chase &amp; Co and Wells Fargo &amp; Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.</p><p>&#34;As expected, the bigger banks were probably not harmed that much by the regional banking turmoil, and possibly even beneficiaries of it,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;We saw mostly strong and healthy balance sheets, and it&#39;s pretty clear (the regional banking) crisis isn&#39;t systemic.&#34;</p><p>The S&amp;P 500 banking sector jumped, and JPMorgan Chase surged to its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since Nov. 9, 2020.</p><p>Citigroup also advanced, while Wells Fargo&#39;s shares were more muted.</p><p>But a slew of mixed economic data including retail sales, industrial production and consumer sentiment cemented expectations that the Fed will hike rates another 25 basis points at next month&#39;s policy meeting.</p><p>&#34;Industrial production and capacity utilization came in stronger than expected,&#34; Bruno added. &#34;Both point to an economy that still has some vibrancy, which gives Fed cover to continue its rate hike policy in May possibly into June.&#34;</p><p>Those expectations were underscored by Atlanta Fed President Raphael Bostic, who said another 25 basis point hike could allow the Fed to end its tightening cycle, even as Chicago Fed President Austan Goolsbee called for the central bank to be prudent.</p><p>At last glance, financial markets have priced in a roughly 80% likelihood of that happening, according to CME&#39;s FedWatch tool.</p><p>According to preliminary data, the S&amp;P 500 lost 8.58 points, or 0.21%, to end at 4,137.64 points, while the Nasdaq Composite lost 42.8 points, or 0.35%, to 12,123.47. The Dow Jones Industrial Average fell 143.22 points, or 0.42%, to 33,886.47.</p><p>First-quarter earnings season hits full stride next week, with results expected from several high profile companies including Goldman Sachs Group Inc, <a href=\"https://laohu8.com/S/MSSXV\">Morgan Stanley</a>, <a href=\"https://laohu8.com/S/BOAPL\">Bank of America Corp</a>, Netflix Inc and a long list of regional banks and industrials.</p><p>Analysts have lowered expectations, forecasting aggregate S&amp;P 500 earnings having fallen by 4.8% from a year ago, a reversal of the 1.4% year-on-year gain seen at the beginning of the quarter, according to Refinitiv.</p><p>BlackRock Inc advanced after the world&#39;s largest asset manager beat quarterly profit expectations.</p><p>Boeing Co slid after the planemaker halted deliveries of some 737 MAXs due to a supplier quality problem attributed to Spirit AeroSystems .</p><p>Spirit AeroSystems&#39; shares tumbled.</p><p>Shares of <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> dropped following the luxury electric automaker&#39;s disappointing first-quarter production and delivery numbers.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327172094","content_text":"Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season.All three major U.S. stock indexes ended in the red, but on the heels of Thursday's robust rally, all three major U.S. stock indexes notched weekly gains.\"Today we're taking bit of a breather,\" said Sal Bruno, chief investment officer at IndexIQ in New York. \"After yesterday's sharp move up, the market might have gotten a little ahead of itself.\"Citigroup Inc, JPMorgan Chase & Co and Wells Fargo & Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.\"As expected, the bigger banks were probably not harmed that much by the regional banking turmoil, and possibly even beneficiaries of it,\" said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. \"We saw mostly strong and healthy balance sheets, and it's pretty clear (the regional banking) crisis isn't systemic.\"The S&P 500 banking sector jumped, and JPMorgan Chase surged to its biggest one-day percentage gain since Nov. 9, 2020.Citigroup also advanced, while Wells Fargo's shares were more muted.But a slew of mixed economic data including retail sales, industrial production and consumer sentiment cemented expectations that the Fed will hike rates another 25 basis points at next month's policy meeting.\"Industrial production and capacity utilization came in stronger than expected,\" Bruno added. \"Both point to an economy that still has some vibrancy, which gives Fed cover to continue its rate hike policy in May possibly into June.\"Those expectations were underscored by Atlanta Fed President Raphael Bostic, who said another 25 basis point hike could allow the Fed to end its tightening cycle, even as Chicago Fed President Austan Goolsbee called for the central bank to be prudent.At last glance, financial markets have priced in a roughly 80% likelihood of that happening, according to CME's FedWatch tool.According to preliminary data, the S&P 500 lost 8.58 points, or 0.21%, to end at 4,137.64 points, while the Nasdaq Composite lost 42.8 points, or 0.35%, to 12,123.47. The Dow Jones Industrial Average fell 143.22 points, or 0.42%, to 33,886.47.First-quarter earnings season hits full stride next week, with results expected from several high profile companies including Goldman Sachs Group Inc, Morgan Stanley, Bank of America Corp, Netflix Inc and a long list of regional banks and industrials.Analysts have lowered expectations, forecasting aggregate S&P 500 earnings having fallen by 4.8% from a year ago, a reversal of the 1.4% year-on-year gain seen at the beginning of the quarter, according to Refinitiv.BlackRock Inc advanced after the world's largest asset manager beat quarterly profit expectations.Boeing Co slid after the planemaker halted deliveries of some 737 MAXs due to a supplier quality problem attributed to Spirit AeroSystems .Spirit AeroSystems' shares tumbled.Shares of Lucid Group Inc dropped following the luxury electric automaker's disappointing first-quarter production and delivery numbers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947411275,"gmtCreate":1683466712797,"gmtModify":1683466716584,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947411275","repostId":"1192841496","repostType":2,"repost":{"id":"1192841496","kind":"news","pubTimestamp":1683445640,"share":"https://ttm.financial/m/news/1192841496?lang=&edition=fundamental","pubTime":"2023-05-07 15:47","market":"us","language":"en","title":"5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1192841496","media":"24/7 Wall St.","summary":"So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as ","content":"<html><head></head><body><p>So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&amp;P 500 and the Nasdaq are from a few mega-cap tech stocks. The tech-heavy Nasdaq is still up a strong 14.33%, while the old-school Dow Jones industrial average is flat year to date. That disparity should be tantalizing for concerned investors.</p><p>With more banks failing, and interest rates still rising (the Federal Reserve lifted the federal funds rate on Wednesday to 5.00% to 5.25%, the highest level in 17 years), many investors are getting nervous, and rightfully so. With the bank issues and the debt limit ceiling about to be reached by June, it is time to take profits on the mega-cap winners and move to safer old-school stocks that can survive a downturn in the economy.</p><p style=\"text-align: start;\">We screened the venerable Dow Jones industrials looking for the best values and companies that paid dependable dividends. The following five top stocks hit our screen, and all are rated Buy across Wall Street. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a></h2><p style=\"text-align: start;\">This biotech giant remains a safer way to play the massive potential growth in biosimilars. Amgen Inc. (<strong>NASDAQ: AMGN</strong>) discovers, develops, manufactures and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience.</p><p style=\"text-align: start;\">The company’s products include:</p><ul><li><p>Enbrel to treat plaque psoriasis, rheumatoid arthritis and psoriatic arthritis</p></li><li><p>Neulasta reduces the chance of infection due to a low white blood cell count in patients with cancer</p></li><li><p>Prolia to treat postmenopausal women with osteoporosis</p></li><li><p>Xgeva for skeletal-related events prevention</p></li><li><p>Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis and oral ulcers associated with Behcet’s disease</p></li><li><p>Aranesp to treat a lower-than-normal number of red blood cells and anemia</p></li><li><p>Kyprolis to treat patients with relapsed or refractory multiple myeloma</p></li><li><p>Repatha, which reduces the risks of myocardial infarction, stroke and coronary revascularization</p></li></ul><p style=\"text-align: start;\">Shareholders receive a 3.61% dividend. Goldman Sachs has a $290 target price on Amgen stock. The consensus target is just $256.57.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/CVX\">Chevron</a></h2><p style=\"text-align: start;\">This integrated giant is a safer way for investors looking to get positioned in the energy sector, and the shares have backed up nicely. <a href=\"https://laohu8.com/S/CVX\">Chevron Corp.</a> engages in integrated energy and chemicals operations worldwide. The company operates in two segments.</p><p>Chevron’s Upstream segment is involved in the exploration, development, production and transportation of crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage and marketing of natural gas. It also operates a gas-to-liquids plant.</p><p>The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations, real estate activities and technology businesses.</p><p style=\"text-align: start;\">Chevron posted stellar first-quarter results and remains one of the best ways to play energy safely.</p><p style=\"text-align: start;\">The company sports a 3.77% dividend. Raymond James has its target price set at $208. Chevron stock has a consensus target of $191.96.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/HD\">Home Depot</a></h2><p style=\"text-align: start;\">This remains the undisputed leader in the home improvement retail category. Home Depot Inc. (HD) is the world’s largest home improvement specialty retailer, with 2,270 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.</p><p style=\"text-align: start;\">Home Depot stores sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance and professional service programs to do-it-yourself, do-it-for-me and professional customers.</p><p style=\"text-align: start;\">Shares of Home Depot make sense for investors looking for a retail idea that stays in favor all year long. The home improvement giant is a solid addition to growth and income portfolios.</p><p style=\"text-align: start;\">Investors receive a 2.81% dividend. Cowen’s $360 price target is well above the $325.88 consensus target.</p><h2 style=\"text-align: start;\"><a href=\"https://laohu8.com/S/VZ\">Verizon</a></h2><p style=\"text-align: start;\">This top telecommunications stock offers tremendous value at current levels. <a href=\"https://laohu8.com/S/VZ\">Verizon Communications Inc.</a> provides communications, technology, information and entertainment products and services to consumers, businesses and governmental entities worldwide.</p><p style=\"text-align: start;\">The Verizon Consumer Group provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements, and it offers fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as the District of Columbia, through its fiber-optic network, Verizon Fios product portfolio and a copper-based network.</p><p>The Verizon Business Group provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks.</p><p>Verizon Communications stock comes with a 6.87% dividend. The $49 Cowen target price compares with a consensus target of $43.79 and Thursday’s $37.35 closing share price.</p><h2><a href=\"https://laohu8.com/S/WBA\">Walgreens</a></h2><p>This huge drugstore chain operator is a safe retail play for investors looking to add health care now, and it trades at a cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance Inc. (WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.</p><p style=\"text-align: start;\">The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.</p><p style=\"text-align: start;\">The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.</p><p style=\"text-align: start;\">The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.</p><p style=\"text-align: start;\">The dividend yield here is 5.73%. Walgreens Boots Alliance stock has a $46 target price at Deutsche Bank. The consensus target is $40.57.</p></body></html>","source":"lsy1636345238431","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>5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now</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\">\n5 \"Strong Buy\" Dow Dividend Leaders That Worried Investors Are Snapping Up Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-07 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/><strong>24/7 Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&P 500 and the Nasdaq are from a ...</p>\n\n<a href=\"https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VZ":"威瑞森","AMGN":"安进","CVX":"雪佛龙","WBA":"沃尔格林联合博姿","HD":"家得宝"},"source_url":"https://247wallst.com/investing/2023/05/05/5-strong-buy-dow-dividend-leaders-that-worried-investors-are-snapping-up-now/3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192841496","content_text":"So far, 2023 has been a welcome relief to the relentless selling we went through last year. Yet, as we have noted this week, almost all the gains generated for the S&P 500 and the Nasdaq are from a few mega-cap tech stocks. The tech-heavy Nasdaq is still up a strong 14.33%, while the old-school Dow Jones industrial average is flat year to date. That disparity should be tantalizing for concerned investors.With more banks failing, and interest rates still rising (the Federal Reserve lifted the federal funds rate on Wednesday to 5.00% to 5.25%, the highest level in 17 years), many investors are getting nervous, and rightfully so. With the bank issues and the debt limit ceiling about to be reached by June, it is time to take profits on the mega-cap winners and move to safer old-school stocks that can survive a downturn in the economy.We screened the venerable Dow Jones industrials looking for the best values and companies that paid dependable dividends. The following five top stocks hit our screen, and all are rated Buy across Wall Street. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.AmgenThis biotech giant remains a safer way to play the massive potential growth in biosimilars. Amgen Inc. (NASDAQ: AMGN) discovers, develops, manufactures and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience.The company’s products include:Enbrel to treat plaque psoriasis, rheumatoid arthritis and psoriatic arthritisNeulasta reduces the chance of infection due to a low white blood cell count in patients with cancerProlia to treat postmenopausal women with osteoporosisXgeva for skeletal-related events preventionOtezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis and oral ulcers associated with Behcet’s diseaseAranesp to treat a lower-than-normal number of red blood cells and anemiaKyprolis to treat patients with relapsed or refractory multiple myelomaRepatha, which reduces the risks of myocardial infarction, stroke and coronary revascularizationShareholders receive a 3.61% dividend. Goldman Sachs has a $290 target price on Amgen stock. The consensus target is just $256.57.ChevronThis integrated giant is a safer way for investors looking to get positioned in the energy sector, and the shares have backed up nicely. Chevron Corp. engages in integrated energy and chemicals operations worldwide. The company operates in two segments.Chevron’s Upstream segment is involved in the exploration, development, production and transportation of crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage and marketing of natural gas. It also operates a gas-to-liquids plant.The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations, real estate activities and technology businesses.Chevron posted stellar first-quarter results and remains one of the best ways to play energy safely.The company sports a 3.77% dividend. Raymond James has its target price set at $208. Chevron stock has a consensus target of $191.96.Home DepotThis remains the undisputed leader in the home improvement retail category. Home Depot Inc. (HD) is the world’s largest home improvement specialty retailer, with 2,270 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.Home Depot stores sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance and professional service programs to do-it-yourself, do-it-for-me and professional customers.Shares of Home Depot make sense for investors looking for a retail idea that stays in favor all year long. The home improvement giant is a solid addition to growth and income portfolios.Investors receive a 2.81% dividend. Cowen’s $360 price target is well above the $325.88 consensus target.VerizonThis top telecommunications stock offers tremendous value at current levels. Verizon Communications Inc. provides communications, technology, information and entertainment products and services to consumers, businesses and governmental entities worldwide.The Verizon Consumer Group provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements, and it offers fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as the District of Columbia, through its fiber-optic network, Verizon Fios product portfolio and a copper-based network.The Verizon Business Group provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks.Verizon Communications stock comes with a 6.87% dividend. The $49 Cowen target price compares with a consensus target of $43.79 and Thursday’s $37.35 closing share price.WalgreensThis huge drugstore chain operator is a safe retail play for investors looking to add health care now, and it trades at a cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance Inc. (WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.The dividend yield here is 5.73%. Walgreens Boots Alliance stock has a $46 target price at Deutsche Bank. The consensus target is $40.57.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941515950,"gmtCreate":1680412401870,"gmtModify":1680412405280,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941515950","repostId":"2324046254","repostType":2,"repost":{"id":"2324046254","kind":"highlight","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":1680397376,"share":"https://ttm.financial/m/news/2324046254?lang=&edition=fundamental","pubTime":"2023-04-02 09:02","market":"us","language":"en","title":"U.S. Stocks Have Barely Budged Since Last Summer. Where Will They Go Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=2324046254","media":"Dow Jones","summary":"The S&P 500 index has been stuck, like a dog circling its tail since September last yearWhere are st","content":"<html><head></head><body><p>The S&amp;P 500 index has been stuck, like a dog circling its tail since September last year</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c946d5de8822f4c34ae97278569449b\" alt=\"Where are stocks headed next? It might take months for investors to find out.\" title=\"Where are stocks headed next? It might take months for investors to find out.\" tg-width=\"700\" tg-height=\"487\"/><span>Where are stocks headed next? It might take months for investors to find out.</span></p><p>U.S. stocks have shrugged off a number of threats since the start of the year, powering through the worst U.S. bank failures since the 2008 financial crisis, while resisting the pull of rising short-term Treasury yields.</p><p>This helped all three main U.S. equity benchmarks finish the first quarter in the green on Friday, but that doesn&#39;t change the fact that the S&amp;P 500 index, the main U.S. equity benchmark, has barely budged since last summer.</p><p>&#34;The market has handled a lot of gut punches recently and it&#39;s still standing in this range,&#34; said JJ Kinahan, CEO of IG North America, owner of brokerage firm Tastytrade. &#34;I think that&#39;s a sign that the market is very healthy.&#34;</p><p>The S&amp;P 500 index traded at 4,110.41 on Sept. 12, 2022, according to FactSet data, just before aggressive Federal Reserve commentary on interest rates and worrisome inflation data triggered a sharp selloff. By comparison, the index finished Friday&#39;s session at 4,109.31.</p><p>Some equity analysts expect it to take months, or perhaps even longer, for U.S. stocks to break out of this range. Where they might go next also is anyone&#39;s guess.</p><p>Investors likely won&#39;t know until some of the uncertainty that has been plaguing the market over the past year clears up.</p><p>At the top of the market&#39;s wish list is more information about how the Fed&#39;s interest rate hikes are impacting the economy. This will be crucial in determining whether the central bank might need to keep raising interest rates in 2024, several analysts told MarketWatch.</p><h2>Stocks are volatile, but stuck in a circle</h2><p>The S&amp;P 500 has vacillated in a roughly 600-point range since September, but at the same time, the number of outsize swings from day-to-day has become even more pronounced, making it more difficult to ascertain the health of the market, analysts said.</p><p>The S&amp;P 500 rose or fell by 1% or more in 29 trading sessions in the first quarter, including Friday, when the S&amp;P 500 closed 1.4% higher on the last session of the month and quarter, according to Dow Jones Market Data.</p><p>That&#39;s nearly double the quarterly average of just 14.9 days going back to 1928, according to Dow Jones Market Data. The S&amp;P 500 was created in 1957, and performance data taken from before then is based on a historical reconstruction of the index&#39;s performance.</p><p>Stocks also look almost placid in comparison with other assets. For example, Treasurys saw an explosion of volatility in the wake of the collapse of Silicon Valley Bank in March. The 2-year Treasury yield logged its largest monthly decline in 15 years in March as a result.</p><p>&#34;You can&#39;t find any clues about where we&#39;re going by watching the S&amp;P 500,&#34; said John Kosar, chief market strategist at Asbury Research, in a phone interview with MarketWatch. &#34;Ten years ago, you could look at the movement of the S&amp;P 500 and a simple indicator like volume and get a back-of-the-envelope idea of how healthy the market is. But you can&#39;t do that anymore because of all this intraday volatility.&#34;</p><p>The S&amp;P 500&#39;s 7% advance in the first quarter of this year has helped to mask weakness underneath the surface. Specifically, only 33% of S&amp;P 500 companies&#39; shares have managed to outperform the index since the start of the quarter, well below the long-term average, according to figures provided to MarketWatch by analysts at UBS Group UBS.</p><h2>Mega stocks, Fed to the rescue?</h2><p>If it weren&#39;t for a flight-to-safety rally in large capitalization technology names like Apple Inc. (AAPL), Microsoft Corp. (MSFT) and Nvidia Corp. (NVDA), the S&amp;P 500 and Nasdaq would likely be in much worse shape.</p><p>Advancing megacap tech stocks have helped the Invesco QQQ (QQQ) Trust exchange-traded fund, which tracks the Nasdaq 100, enter a fresh bull market in the past week, as the closely watched market gauge closed more than 20% above its 52-week closing low from late December, according to FactSet data. That&#39;s helped to offset weakness in cyclical sectors like financials and real estate.</p><p>Tech behemoths have also benefited from the hype around artificial intelligence platforms like OpenAI&#39;s ChatGPT.</p><p>Confusion about the Fed&#39;s quantitative tightening efforts to reduce the size of its balance sheet also helped muddle the outlook for markets.</p><p>For example, the size of the Fed&#39;s balance sheet has increased again in recent weeks as banks have tapped the central bank&#39;s emergency lending programs in the wake of the failure of two regional banks, undoing some of the central bank&#39;s efforts to shrink its balance sheet by allowing some of its Treasury and mortgage-backed bond holdings to mature without reinvesting the proceeds.</p><p>Some analysts said this is akin to sending the market mixed signals.</p><p>&#34;It seems to be both tightening and loosening right now,&#34; said Andrew Adams, an analyst with Saut Strategy, in a recent note to clients.</p><h2>What it takes for a break out</h2><p>U.S. stocks have remained rangebound for long stretches in the past.</p><p>Beginning in late 2014, the S&amp;P 500 traded in a tight range for roughly two years. Between Jan. 1, 2015 and Nov. 9, 2016, the day after former President Donald Trump defeated Hillary Clinton to become president of the U.S., the S&amp;P 500 gained less than 100 points, according to FactSet data.</p><p>At the time, equity analysts blamed signs of softening economic activity in China and weakness in the U.S. energy industry for the market&#39;s lackluster performance.</p><p>But after once it became clear that Trump would win the White House, stocks embarked on a steady ascent as investors bet that the Republican economic agenda, which included corporate tax cuts and deregulation, would likely bolster corporate profits.</p><p>It wasn&#39;t until the fourth quarter of 2018 that stocks turned volatile once again as the S&amp;P 500 wiped out its gains from earlier in the year, before ultimately finishing 2018 with a 6.2% drop for the year, according to FactSet.</p><p>As investors brace for a flood of first-quarter corporate earnings in the coming weeks, Kinahan said he expects stocks could remain range bound for at least a few more months.</p><p>&#34;There&#39;s going to be a very cautious outlook still, which should keep us in this range,&#34; he said.</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>U.S. Stocks Have Barely Budged Since Last Summer. Where Will They Go Next?</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\">\nU.S. Stocks Have Barely Budged Since Last Summer. Where Will They Go Next?\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\">2023-04-02 09:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&amp;P 500 index has been stuck, like a dog circling its tail since September last year</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c946d5de8822f4c34ae97278569449b\" alt=\"Where are stocks headed next? It might take months for investors to find out.\" title=\"Where are stocks headed next? It might take months for investors to find out.\" tg-width=\"700\" tg-height=\"487\"/><span>Where are stocks headed next? It might take months for investors to find out.</span></p><p>U.S. stocks have shrugged off a number of threats since the start of the year, powering through the worst U.S. bank failures since the 2008 financial crisis, while resisting the pull of rising short-term Treasury yields.</p><p>This helped all three main U.S. equity benchmarks finish the first quarter in the green on Friday, but that doesn&#39;t change the fact that the S&amp;P 500 index, the main U.S. equity benchmark, has barely budged since last summer.</p><p>&#34;The market has handled a lot of gut punches recently and it&#39;s still standing in this range,&#34; said JJ Kinahan, CEO of IG North America, owner of brokerage firm Tastytrade. &#34;I think that&#39;s a sign that the market is very healthy.&#34;</p><p>The S&amp;P 500 index traded at 4,110.41 on Sept. 12, 2022, according to FactSet data, just before aggressive Federal Reserve commentary on interest rates and worrisome inflation data triggered a sharp selloff. By comparison, the index finished Friday&#39;s session at 4,109.31.</p><p>Some equity analysts expect it to take months, or perhaps even longer, for U.S. stocks to break out of this range. Where they might go next also is anyone&#39;s guess.</p><p>Investors likely won&#39;t know until some of the uncertainty that has been plaguing the market over the past year clears up.</p><p>At the top of the market&#39;s wish list is more information about how the Fed&#39;s interest rate hikes are impacting the economy. This will be crucial in determining whether the central bank might need to keep raising interest rates in 2024, several analysts told MarketWatch.</p><h2>Stocks are volatile, but stuck in a circle</h2><p>The S&amp;P 500 has vacillated in a roughly 600-point range since September, but at the same time, the number of outsize swings from day-to-day has become even more pronounced, making it more difficult to ascertain the health of the market, analysts said.</p><p>The S&amp;P 500 rose or fell by 1% or more in 29 trading sessions in the first quarter, including Friday, when the S&amp;P 500 closed 1.4% higher on the last session of the month and quarter, according to Dow Jones Market Data.</p><p>That&#39;s nearly double the quarterly average of just 14.9 days going back to 1928, according to Dow Jones Market Data. The S&amp;P 500 was created in 1957, and performance data taken from before then is based on a historical reconstruction of the index&#39;s performance.</p><p>Stocks also look almost placid in comparison with other assets. For example, Treasurys saw an explosion of volatility in the wake of the collapse of Silicon Valley Bank in March. The 2-year Treasury yield logged its largest monthly decline in 15 years in March as a result.</p><p>&#34;You can&#39;t find any clues about where we&#39;re going by watching the S&amp;P 500,&#34; said John Kosar, chief market strategist at Asbury Research, in a phone interview with MarketWatch. &#34;Ten years ago, you could look at the movement of the S&amp;P 500 and a simple indicator like volume and get a back-of-the-envelope idea of how healthy the market is. But you can&#39;t do that anymore because of all this intraday volatility.&#34;</p><p>The S&amp;P 500&#39;s 7% advance in the first quarter of this year has helped to mask weakness underneath the surface. Specifically, only 33% of S&amp;P 500 companies&#39; shares have managed to outperform the index since the start of the quarter, well below the long-term average, according to figures provided to MarketWatch by analysts at UBS Group UBS.</p><h2>Mega stocks, Fed to the rescue?</h2><p>If it weren&#39;t for a flight-to-safety rally in large capitalization technology names like Apple Inc. (AAPL), Microsoft Corp. (MSFT) and Nvidia Corp. (NVDA), the S&amp;P 500 and Nasdaq would likely be in much worse shape.</p><p>Advancing megacap tech stocks have helped the Invesco QQQ (QQQ) Trust exchange-traded fund, which tracks the Nasdaq 100, enter a fresh bull market in the past week, as the closely watched market gauge closed more than 20% above its 52-week closing low from late December, according to FactSet data. That&#39;s helped to offset weakness in cyclical sectors like financials and real estate.</p><p>Tech behemoths have also benefited from the hype around artificial intelligence platforms like OpenAI&#39;s ChatGPT.</p><p>Confusion about the Fed&#39;s quantitative tightening efforts to reduce the size of its balance sheet also helped muddle the outlook for markets.</p><p>For example, the size of the Fed&#39;s balance sheet has increased again in recent weeks as banks have tapped the central bank&#39;s emergency lending programs in the wake of the failure of two regional banks, undoing some of the central bank&#39;s efforts to shrink its balance sheet by allowing some of its Treasury and mortgage-backed bond holdings to mature without reinvesting the proceeds.</p><p>Some analysts said this is akin to sending the market mixed signals.</p><p>&#34;It seems to be both tightening and loosening right now,&#34; said Andrew Adams, an analyst with Saut Strategy, in a recent note to clients.</p><h2>What it takes for a break out</h2><p>U.S. stocks have remained rangebound for long stretches in the past.</p><p>Beginning in late 2014, the S&amp;P 500 traded in a tight range for roughly two years. Between Jan. 1, 2015 and Nov. 9, 2016, the day after former President Donald Trump defeated Hillary Clinton to become president of the U.S., the S&amp;P 500 gained less than 100 points, according to FactSet data.</p><p>At the time, equity analysts blamed signs of softening economic activity in China and weakness in the U.S. energy industry for the market&#39;s lackluster performance.</p><p>But after once it became clear that Trump would win the White House, stocks embarked on a steady ascent as investors bet that the Republican economic agenda, which included corporate tax cuts and deregulation, would likely bolster corporate profits.</p><p>It wasn&#39;t until the fourth quarter of 2018 that stocks turned volatile once again as the S&amp;P 500 wiped out its gains from earlier in the year, before ultimately finishing 2018 with a 6.2% drop for the year, according to FactSet.</p><p>As investors brace for a flood of first-quarter corporate earnings in the coming weeks, Kinahan said he expects stocks could remain range bound for at least a few more months.</p><p>&#34;There&#39;s going to be a very cautious outlook still, which should keep us in this range,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0072462426.USD":"贝莱德全球配置 A2","BK4525":"远程办公概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","BK4577":"网络游戏","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4534":"瑞士信贷持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4579":"人工智能","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4553":"喜马拉雅资本持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","SG9999002232.USD":"Allianz Global High Payout USD","LU0109392836.USD":"富兰克林科技股A","LU2063271972.USD":"富兰克林创新领域基金","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4529":"IDC概念","BK4170":"电脑硬件、储存设备及电脑周边","LU1923622614.USD":"Natixis Thematics Meta R/A USD",".DJI":"道琼斯","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc",".IXIC":"NASDAQ Composite","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）",".SPX":"S&P 500 Index","BK4561":"索罗斯持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4551":"寇图资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","BK4571":"数字音乐概念","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324046254","content_text":"The S&P 500 index has been stuck, like a dog circling its tail since September last yearWhere are stocks headed next? It might take months for investors to find out.U.S. stocks have shrugged off a number of threats since the start of the year, powering through the worst U.S. bank failures since the 2008 financial crisis, while resisting the pull of rising short-term Treasury yields.This helped all three main U.S. equity benchmarks finish the first quarter in the green on Friday, but that doesn't change the fact that the S&P 500 index, the main U.S. equity benchmark, has barely budged since last summer.\"The market has handled a lot of gut punches recently and it's still standing in this range,\" said JJ Kinahan, CEO of IG North America, owner of brokerage firm Tastytrade. \"I think that's a sign that the market is very healthy.\"The S&P 500 index traded at 4,110.41 on Sept. 12, 2022, according to FactSet data, just before aggressive Federal Reserve commentary on interest rates and worrisome inflation data triggered a sharp selloff. By comparison, the index finished Friday's session at 4,109.31.Some equity analysts expect it to take months, or perhaps even longer, for U.S. stocks to break out of this range. Where they might go next also is anyone's guess.Investors likely won't know until some of the uncertainty that has been plaguing the market over the past year clears up.At the top of the market's wish list is more information about how the Fed's interest rate hikes are impacting the economy. This will be crucial in determining whether the central bank might need to keep raising interest rates in 2024, several analysts told MarketWatch.Stocks are volatile, but stuck in a circleThe S&P 500 has vacillated in a roughly 600-point range since September, but at the same time, the number of outsize swings from day-to-day has become even more pronounced, making it more difficult to ascertain the health of the market, analysts said.The S&P 500 rose or fell by 1% or more in 29 trading sessions in the first quarter, including Friday, when the S&P 500 closed 1.4% higher on the last session of the month and quarter, according to Dow Jones Market Data.That's nearly double the quarterly average of just 14.9 days going back to 1928, according to Dow Jones Market Data. The S&P 500 was created in 1957, and performance data taken from before then is based on a historical reconstruction of the index's performance.Stocks also look almost placid in comparison with other assets. For example, Treasurys saw an explosion of volatility in the wake of the collapse of Silicon Valley Bank in March. The 2-year Treasury yield logged its largest monthly decline in 15 years in March as a result.\"You can't find any clues about where we're going by watching the S&P 500,\" said John Kosar, chief market strategist at Asbury Research, in a phone interview with MarketWatch. \"Ten years ago, you could look at the movement of the S&P 500 and a simple indicator like volume and get a back-of-the-envelope idea of how healthy the market is. But you can't do that anymore because of all this intraday volatility.\"The S&P 500's 7% advance in the first quarter of this year has helped to mask weakness underneath the surface. Specifically, only 33% of S&P 500 companies' shares have managed to outperform the index since the start of the quarter, well below the long-term average, according to figures provided to MarketWatch by analysts at UBS Group UBS.Mega stocks, Fed to the rescue?If it weren't for a flight-to-safety rally in large capitalization technology names like Apple Inc. (AAPL), Microsoft Corp. (MSFT) and Nvidia Corp. (NVDA), the S&P 500 and Nasdaq would likely be in much worse shape.Advancing megacap tech stocks have helped the Invesco QQQ (QQQ) Trust exchange-traded fund, which tracks the Nasdaq 100, enter a fresh bull market in the past week, as the closely watched market gauge closed more than 20% above its 52-week closing low from late December, according to FactSet data. That's helped to offset weakness in cyclical sectors like financials and real estate.Tech behemoths have also benefited from the hype around artificial intelligence platforms like OpenAI's ChatGPT.Confusion about the Fed's quantitative tightening efforts to reduce the size of its balance sheet also helped muddle the outlook for markets.For example, the size of the Fed's balance sheet has increased again in recent weeks as banks have tapped the central bank's emergency lending programs in the wake of the failure of two regional banks, undoing some of the central bank's efforts to shrink its balance sheet by allowing some of its Treasury and mortgage-backed bond holdings to mature without reinvesting the proceeds.Some analysts said this is akin to sending the market mixed signals.\"It seems to be both tightening and loosening right now,\" said Andrew Adams, an analyst with Saut Strategy, in a recent note to clients.What it takes for a break outU.S. stocks have remained rangebound for long stretches in the past.Beginning in late 2014, the S&P 500 traded in a tight range for roughly two years. Between Jan. 1, 2015 and Nov. 9, 2016, the day after former President Donald Trump defeated Hillary Clinton to become president of the U.S., the S&P 500 gained less than 100 points, according to FactSet data.At the time, equity analysts blamed signs of softening economic activity in China and weakness in the U.S. energy industry for the market's lackluster performance.But after once it became clear that Trump would win the White House, stocks embarked on a steady ascent as investors bet that the Republican economic agenda, which included corporate tax cuts and deregulation, would likely bolster corporate profits.It wasn't until the fourth quarter of 2018 that stocks turned volatile once again as the S&P 500 wiped out its gains from earlier in the year, before ultimately finishing 2018 with a 6.2% drop for the year, according to FactSet.As investors brace for a flood of first-quarter corporate earnings in the coming weeks, Kinahan said he expects stocks could remain range bound for at least a few more months.\"There's going to be a very cautious outlook still, which should keep us in this range,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925180456,"gmtCreate":1671954736576,"gmtModify":1676538615009,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9925180456","repostId":"1192326933","repostType":4,"repost":{"id":"1192326933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672011741,"share":"https://ttm.financial/m/news/1192326933?lang=&edition=fundamental","pubTime":"2022-12-26 07:42","market":"us","language":"en","title":"Reminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1192326933","media":"Tiger Newspress","summary":"U.S. ChristmasDay hasarrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f9c0d643f9647f8bf16257138dcbed8a\" tg-width=\"1200\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p>The Singapore market will be closed at local time on Monday, 26 December 2022.</p><p>The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.</p><p>The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p><p>The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</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>Reminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022</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\">\nReminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-26 07:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f9c0d643f9647f8bf16257138dcbed8a\" tg-width=\"1200\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p>The Singapore market will be closed at local time on Monday, 26 December 2022.</p><p>The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.</p><p>The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p><p>The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192326933","content_text":"U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The Singapore market will be closed at local time on Monday, 26 December 2022.The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943435951,"gmtCreate":1679620214174,"gmtModify":1679620218137,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Good👍","listText":"Good👍","text":"Good👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943435951","repostId":"2321138763","repostType":2,"repost":{"id":"2321138763","kind":"highlight","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":1679603613,"share":"https://ttm.financial/m/news/2321138763?lang=&edition=fundamental","pubTime":"2023-03-24 04:33","market":"us","language":"en","title":"US STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits","url":"https://stock-news.laohu8.com/highlight/detail?id=2321138763","media":"Reuters","summary":"Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secreta","content":"<html><head></head><body><p>Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen&#39;s reassurances that measures will be taken to keep Americans&#39; deposits safe.</p><p>All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.</p><p>Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.</p><p>&#34;You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,&#34; said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.</p><p>&#34;The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.&#34;</p><p>The session followed Wednesday&#39;s boom-and-bust moves after the Fed&#39;s rate hike, Fed Chair Jerome Powell&#39;s subsequent Q&amp;A session and Yellen&#39;s testimony before Congress in which she ruled out blanket protection for all deposits.</p><p>Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.</p><p>The S&amp;P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.</p><p>Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.</p><p>&#34;Every central bank that was on path to raise rates raised them,&#34; GLOBALT&#39;s Martin added. &#34;Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.&#34;</p><p>The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&amp;P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.</p><p>Of the 11 major sectors of the S&amp;P 500, only communication services and tech ended the session higher.</p><p>$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen&#39;s testimony.</p><p>Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.</p><p>Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission&#39;s threat to sue the company.</p><p>Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.</p><p>Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 billion average over the last 20 trading days.</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 STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits</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 STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits\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\">2023-03-24 04:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen&#39;s reassurances that measures will be taken to keep Americans&#39; deposits safe.</p><p>All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.</p><p>Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.</p><p>&#34;You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,&#34; said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.</p><p>&#34;The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.&#34;</p><p>The session followed Wednesday&#39;s boom-and-bust moves after the Fed&#39;s rate hike, Fed Chair Jerome Powell&#39;s subsequent Q&amp;A session and Yellen&#39;s testimony before Congress in which she ruled out blanket protection for all deposits.</p><p>Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.</p><p>The S&amp;P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.</p><p>Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.</p><p>&#34;Every central bank that was on path to raise rates raised them,&#34; GLOBALT&#39;s Martin added. &#34;Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.&#34;</p><p>The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&amp;P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.</p><p>Of the 11 major sectors of the S&amp;P 500, only communication services and tech ended the session higher.</p><p>$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen&#39;s testimony.</p><p>Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.</p><p>Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission&#39;s threat to sue the company.</p><p>Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.</p><p>Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","LHDX":"Lucira Health, Inc.","OEF":"标普100指数ETF-iShares","LABP":"Landos Biopharma, Inc.","SPY":"标普500ETF","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","DOG":"道指反向ETF","IVV":"标普500指数ETF","SANA":"Sana Biotechnology, Inc.","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","DXD":"道指两倍做空ETF","DJX":"1/100道琼斯","CGEM":"Cullinan Therapeutics","SSO":"两倍做多标普500ETF","APR":"Apria, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321138763","content_text":"Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen's reassurances that measures will be taken to keep Americans' deposits safe.All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.\"You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,\" said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.\"The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.\"The session followed Wednesday's boom-and-bust moves after the Fed's rate hike, Fed Chair Jerome Powell's subsequent Q&A session and Yellen's testimony before Congress in which she ruled out blanket protection for all deposits.Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of SVB Financial Group and Signature Bank.Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.The S&P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.\"Every central bank that was on path to raise rates raised them,\" GLOBALT's Martin added. \"Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.\"The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.Of the 11 major sectors of the S&P 500, only communication services and tech ended the session higher.$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen's testimony.Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.Block Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission's threat to sue the company.Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.The S&P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954002659,"gmtCreate":1675817913772,"gmtModify":1675817916615,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954002659","repostId":"1183971122","repostType":4,"repost":{"id":"1183971122","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675812765,"share":"https://ttm.financial/m/news/1183971122?lang=&edition=fundamental","pubTime":"2023-02-08 07:32","market":"us","language":"en","title":"Bed Bath, Chegg, Oak Street, Baidu, and More: These Stocks Are Moving the Most Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1183971122","media":"Dow Jones","summary":"Stocks turned higher Tuesday after Federal Reserve Chairman Jerome Powell reiterated that the proces","content":"<html><head></head><body><p>Stocks turned higher Tuesday after Federal Reserve Chairman Jerome Powell reiterated that the process of lowering inflation was under way.</p><p>These stocks were making moves Tuesday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> was down 49% after the struggling retailer said it launched an equity offering to raise more than $1 billion to repay debt. The stock closed Monday’s session with a gain of 92.1%.</p><p>Online-education company <b>Chegg (CHGG) </b>fell 17% after issuing first-quarter and full-year revenue guidance that was below analysts’ expectations.</p><p><b>CVS Health (CVS)</b> is close to an agreement to acquire <b>Oak Street Health (OSH)</b> for about $10.5 billion including debt, The Wall Street Journal reported. Shares of Oak Street were surging 29.8%. CVS rose 0.9%.</p><p>American depositary receipts of <b>Baidu (BIDU)</b> rose 12% after the Chinese tech company revealed concrete plans to launch a chatbot to rival the likes of popular ChatGPT.</p><p><b>Skyworks Solutions (SWKS)</b> rose 13% after the semiconductor company reported in-line quarterly results, announced a new $2 billion stock buyback, and Wall Street analysts raised price targets on the stock.</p><p><b>Zoom Video Communications (ZM)</b> shares jumped 10% after the videoconferencing company announced a staff cut of about 15% and said the CEO would take a pay cut of 98%.</p><p><b>Hertz Global Holdings</b> <b>(HTZ) </b>rose 8% Tuesday after the retail-car giant posted fourth-quarter earnings that beat expectations as travel demand rebounded.</p><p><b>Fiserv (FISV)</b> shares jumped 8.4% after the financial services tech company posted fourth-quarter earnings that slightly beat expectations.</p><p><b>DuPont (DD)</b> stock rose 7.5% after reporting fourth-quarter earnings that beat estimates but issuing guidance that was below forecasts. It also announced a 9% increase to its quarterly dividend.</p><p><b>Royal Caribbean Group (RCL) </b>shares jumped 7.1% Tuesday after the cruise operator posted a fourth-quarter loss narrower than analysts anticipated and high bookings.</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>Bed Bath, Chegg, Oak Street, Baidu, and More: These Stocks Are Moving the Most Tuesday</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\">\nBed Bath, Chegg, Oak Street, Baidu, and More: These Stocks Are Moving the Most Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-02-08 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks turned higher Tuesday after Federal Reserve Chairman Jerome Powell reiterated that the process of lowering inflation was under way.</p><p>These stocks were making moves Tuesday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> was down 49% after the struggling retailer said it launched an equity offering to raise more than $1 billion to repay debt. The stock closed Monday’s session with a gain of 92.1%.</p><p>Online-education company <b>Chegg (CHGG) </b>fell 17% after issuing first-quarter and full-year revenue guidance that was below analysts’ expectations.</p><p><b>CVS Health (CVS)</b> is close to an agreement to acquire <b>Oak Street Health (OSH)</b> for about $10.5 billion including debt, The Wall Street Journal reported. Shares of Oak Street were surging 29.8%. CVS rose 0.9%.</p><p>American depositary receipts of <b>Baidu (BIDU)</b> rose 12% after the Chinese tech company revealed concrete plans to launch a chatbot to rival the likes of popular ChatGPT.</p><p><b>Skyworks Solutions (SWKS)</b> rose 13% after the semiconductor company reported in-line quarterly results, announced a new $2 billion stock buyback, and Wall Street analysts raised price targets on the stock.</p><p><b>Zoom Video Communications (ZM)</b> shares jumped 10% after the videoconferencing company announced a staff cut of about 15% and said the CEO would take a pay cut of 98%.</p><p><b>Hertz Global Holdings</b> <b>(HTZ) </b>rose 8% Tuesday after the retail-car giant posted fourth-quarter earnings that beat expectations as travel demand rebounded.</p><p><b>Fiserv (FISV)</b> shares jumped 8.4% after the financial services tech company posted fourth-quarter earnings that slightly beat expectations.</p><p><b>DuPont (DD)</b> stock rose 7.5% after reporting fourth-quarter earnings that beat estimates but issuing guidance that was below forecasts. It also announced a 9% increase to its quarterly dividend.</p><p><b>Royal Caribbean Group (RCL) </b>shares jumped 7.1% Tuesday after the cruise operator posted a fourth-quarter loss narrower than analysts anticipated and high bookings.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHGG":"Chegg Inc","BBBY":"3B家居","BIDU":"百度","CVS":"西维斯健康","ZM":"Zoom","OSH":"Oak Street Health","SWKS":"思佳讯","RCL":"皇家加勒比邮轮","DD":"杜邦","HTZ":"赫兹租车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183971122","content_text":"Stocks turned higher Tuesday after Federal Reserve Chairman Jerome Powell reiterated that the process of lowering inflation was under way.These stocks were making moves Tuesday:Bed Bath & Beyond (ticker: BBBY) was down 49% after the struggling retailer said it launched an equity offering to raise more than $1 billion to repay debt. The stock closed Monday’s session with a gain of 92.1%.Online-education company Chegg (CHGG) fell 17% after issuing first-quarter and full-year revenue guidance that was below analysts’ expectations.CVS Health (CVS) is close to an agreement to acquire Oak Street Health (OSH) for about $10.5 billion including debt, The Wall Street Journal reported. Shares of Oak Street were surging 29.8%. CVS rose 0.9%.American depositary receipts of Baidu (BIDU) rose 12% after the Chinese tech company revealed concrete plans to launch a chatbot to rival the likes of popular ChatGPT.Skyworks Solutions (SWKS) rose 13% after the semiconductor company reported in-line quarterly results, announced a new $2 billion stock buyback, and Wall Street analysts raised price targets on the stock.Zoom Video Communications (ZM) shares jumped 10% after the videoconferencing company announced a staff cut of about 15% and said the CEO would take a pay cut of 98%.Hertz Global Holdings (HTZ) rose 8% Tuesday after the retail-car giant posted fourth-quarter earnings that beat expectations as travel demand rebounded.Fiserv (FISV) shares jumped 8.4% after the financial services tech company posted fourth-quarter earnings that slightly beat expectations.DuPont (DD) stock rose 7.5% after reporting fourth-quarter earnings that beat estimates but issuing guidance that was below forecasts. It also announced a 9% increase to its quarterly dividend.Royal Caribbean Group (RCL) shares jumped 7.1% Tuesday after the cruise operator posted a fourth-quarter loss narrower than analysts anticipated and high bookings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951316690,"gmtCreate":1673397167510,"gmtModify":1676538829910,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951316690","repostId":"2302011823","repostType":4,"repost":{"id":"2302011823","kind":"highlight","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":1673389877,"share":"https://ttm.financial/m/news/2302011823?lang=&edition=fundamental","pubTime":"2023-01-11 06:31","market":"us","language":"en","title":"Wall St Ends Higher, Powell Comments Avoid Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=2302011823","media":"Reuters","summary":"* Investors await CPI data Thursday* U.S. earnings season begins this week* Jefferies shares rise af","content":"<html><head></head><body><p>* Investors await CPI data Thursday</p><p>* U.S. earnings season begins this week</p><p>* Jefferies shares rise after results</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 up 0.7%, Nasdaq up 1%</p><p><img src=\"https://static.tigerbbs.com/ac12ad36f9d0b618a059d887b4db841d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.</p><p>In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed&#39;s independence is essential for it to battle inflation.</p><p>Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.</p><p>&#34;Everybody hangs on every word from the Fed,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York. Powell &#34;didn&#39;t really say anything&#34; about policy, he added.</p><p>Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.</p><p>Traders are betting on a 25-basis point rate hike at the Fed&#39;s upcoming policy meeting in February.</p><p>&#34;There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed&#39;s attention,&#34; Ghriskey said.</p><p>Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&amp;P 500 their biggest boosts.</p><p>The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&amp;P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.</p><p>Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.</p><p>Communications services was the day&#39;s best-performing sector, while energy rose along with oil prices.</p><p>This week marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with results from several of Wall Street&#39;s biggest banks due later this week.</p><p>Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.</p><p>Analysts expect overall S&amp;P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.</p><p>Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.</p><p>The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.</p><p>Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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 St Ends Higher, Powell Comments Avoid Rate Policy\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\">2023-01-11 06:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Investors await CPI data Thursday</p><p>* U.S. earnings season begins this week</p><p>* Jefferies shares rise after results</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 up 0.7%, Nasdaq up 1%</p><p><img src=\"https://static.tigerbbs.com/ac12ad36f9d0b618a059d887b4db841d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.</p><p>In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed&#39;s independence is essential for it to battle inflation.</p><p>Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.</p><p>&#34;Everybody hangs on every word from the Fed,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York. Powell &#34;didn&#39;t really say anything&#34; about policy, he added.</p><p>Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.</p><p>Traders are betting on a 25-basis point rate hike at the Fed&#39;s upcoming policy meeting in February.</p><p>&#34;There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed&#39;s attention,&#34; Ghriskey said.</p><p>Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&amp;P 500 their biggest boosts.</p><p>The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&amp;P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.</p><p>Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.</p><p>Communications services was the day&#39;s best-performing sector, while energy rose along with oil prices.</p><p>This week marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with results from several of Wall Street&#39;s biggest banks due later this week.</p><p>Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.</p><p>Analysts expect overall S&amp;P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.</p><p>Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.</p><p>The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.</p><p>Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4577":"网络游戏","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4579":"人工智能","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4550":"红杉资本持仓","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4503":"景林资产持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4122":"互联网与直销零售","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4561":"索罗斯持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4581":"高盛持仓","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4096":"电气部件与设备","AMZN":"亚马逊",".SPX":"S&P 500 Index","MSFT":"微软","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","JEF":"杰富瑞","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4534":"瑞士信贷持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4507":"流媒体概念","BK4576":"AR"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302011823","content_text":"* Investors await CPI data Thursday* U.S. earnings season begins this week* Jefferies shares rise after results* Indexes: Dow up 0.6%, S&P 500 up 0.7%, Nasdaq up 1%NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed's independence is essential for it to battle inflation.Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.\"Everybody hangs on every word from the Fed,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. Powell \"didn't really say anything\" about policy, he added.Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.Traders are betting on a 25-basis point rate hike at the Fed's upcoming policy meeting in February.\"There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed's attention,\" Ghriskey said.Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&P 500 their biggest boosts.The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.Communications services was the day's best-performing sector, while energy rose along with oil prices.This week marks the start of the fourth-quarter earnings season for S&P 500 companies, with results from several of Wall Street's biggest banks due later this week.Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.Analysts expect overall S&P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.The S&P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}