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Win8333

Win8333

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11-11

$Paramount Global(PARA)$

10-07

$Paramount Global(PARA)$

09-20

$DiDi Global Inc.(DIDIY)$

09-04

$Paramount Global(PARA)$

08-02

$NVIDIA Corp(NVDA)$

07-03

Pays Elon Musk $56b, what for? Pay me $1b and I will recruit the entire team of BYD with a $55b budget. Vote for me, boys!

Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky

07-01

$(SE)$ JP's target for SEA at $78, DBS at $75, now the price is below $70😎

07-01

Pay Elon Mask 56b to copy BYD, that day is coming.

Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package

05-27

Be patient

Grab: Southeast Asia's Rideshare Titan Deserves A Buy

05-03

$Grab Holdings(GRAB)$

2023-10-09

Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest middle-east war that could last as long as Russia/Ukraine war. Be prepared for FED raising interest to 6% and above. Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?

Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week

2023-07-26

I am 100% agreeable with your analysis. The FED would like a higher interest rate to adversely damage China and it's economic growth. To kill 2 birds with 1 stone. Not to forget the commercial and property loan defaults that have yet rocked the global banking sectors.

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2023-07-05

$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$ For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.

2023-06-27

Don't pay too much attention to these junior analysts. One way or another SIA shares will correct to below $7 and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already in technical recession. But travelling is part of Singaporean. During period of unemployment, people travel to recharge.

Sorry, the original content has been removed

2023-06-21

$SINGAPORE AIRLINES LTD(C6L.SI)$ Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.

2023-06-20

$SINGAPORE AIRLINES LTD(C6L.SI)$ still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9 again.

2023-06-17

$SINGAPORE AIRLINES LTD(C6L.SI)$

2023-06-17

The bigger the firm like Morgan, the less we should believe them, make your own judgement.

Singapore Airlines Slides 1.77% After Morgan Stanley Slashes Rating

2022-10-16

How to believe in credit suisse?

Apple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says

Go to Tiger App to see more news

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Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333912782880856","isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323332759642200,"gmtCreate":1719968896869,"gmtModify":1719970439503,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Pays Elon Musk $56b, what for? &nbsp;Pay me $1b and I will recruit the entire team of BYD with a&nbsp;$55b budget. &nbsp;Vote for me, boys!","listText":"Pays Elon Musk $56b, what for? &nbsp;Pay me $1b and I will recruit the entire team of BYD with a&nbsp;$55b budget. &nbsp;Vote for me, boys!","text":"Pays Elon Musk $56b, what for? Pay me $1b and I will recruit the entire team of BYD with a $55b budget. Vote for me, boys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323332759642200","repostId":"2448113407","repostType":2,"repost":{"id":"2448113407","pubTimestamp":1719954407,"share":"https://ttm.financial/m/news/2448113407?lang=&edition=fundamental","pubTime":"2024-07-03 05:06","market":"us","language":"en","title":"Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky","url":"https://stock-news.laohu8.com/highlight/detail?id=2448113407","media":"Fortune","summary":"CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. 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And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.</p>\n<p>Alongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes (versus 339.3 million in favor), according to a Securities and Exchange Commission filing published on Monday. </p>\n<p>Like many bigwigs, Benioff’s real worth comes from his stock options. His base salary stayed at $1.55 million, but he raked in $39.6 million in the 2024 fiscal year. The prior year, Benioff made $29.9 million, and his worth ballooned as Salesforce offered him yet more stock grants, including a $20 million equity opportunity in the plan shareholders just rejected, according to a Salesforce proxy statement.</p>\n<p>While the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.</p>\n<p>Salesforce did not immediately respond to <em>Fortune’</em>s request for comment.</p>\n<p>Both executives and shareholders have made out quite nicely in the shadow of the pandemic. Shareholder payouts and CEO pay have “risen to record levels,” according to nonprofit Oxfam's report analyzing more than 200 of the largest U.S. corporations. CEO pay has jumped by 31% from 2018 to 2022, per said study.</p>\n<p>“The rules are being rigged, and the companies are helping to rig them,” Irit Tamir, senior director of Oxfam America’s private sector department, told <em>Fortune</em> in March, adding that “we are essentially in a new Gilded Age.” </p>\n<p>Look no further than Elon Musk’s recent victory to see how the game is played. Earlier this year, a judge in Delaware ruled that Musk’s proposed pay package for Tesla, worth a record $55 billion, wasn't justified and called it an “unfathomable sum.”</p>\n<p>“The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen McCormick wrote, adding that the CEO “had extensive ties with the persons tasked with negotiating on Tesla’s behalf.”</p>\n<p>Even so, the board pushed back against this decision and asked shareholders again to vote on the package. They overwhelmingly sided with Musk, granting back a pay plan now valued at $44.9 billion, per the Associated Press. That’s even though Musk has been criticized for splitting his attention among too many projects, even being called an “absent CEO” by Gerber Kawasaki CEO Ross Gerber. </p>\n<p>Gerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you’ve just got to say, this board needs to be replaced.” </p>\n<p>Even so, Musk’s absence appears to be worth billions in the pandemic era of the CEO. The same can’t be said for Benioff as of yet—but that could change.</p>\n<p>This story was originally featured on Fortune.com</p></body></html>","source":"yahoofinance","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>Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky</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\">\nElon Musk got his mega-pay package, but Marc Benioff might not be so lucky\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-03 05:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so ...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/DoORLX6b62wnIWs332q3.g--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/124b2543753c3d64c7a75136b098dd2e","relate_stocks":{"LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0557290698.USD":"施罗德环球可持续增长基金","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","BK4579":"人工智能","LU0056508442.USD":"贝莱德世界科技基金A2","BK4550":"红杉资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4551":"寇图资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0109392836.USD":"富兰克林科技股A","BK4561":"索罗斯持仓","CRM":"赛富时","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4099":"汽车制造商","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4528":"SaaS概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TSLA":"特斯拉","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2448113407","content_text":"CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.\nAlongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes (versus 339.3 million in favor), according to a Securities and Exchange Commission filing published on Monday. \nLike many bigwigs, Benioff’s real worth comes from his stock options. His base salary stayed at $1.55 million, but he raked in $39.6 million in the 2024 fiscal year. The prior year, Benioff made $29.9 million, and his worth ballooned as Salesforce offered him yet more stock grants, including a $20 million equity opportunity in the plan shareholders just rejected, according to a Salesforce proxy statement.\nWhile the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.\nSalesforce did not immediately respond to Fortune’s request for comment.\nBoth executives and shareholders have made out quite nicely in the shadow of the pandemic. Shareholder payouts and CEO pay have “risen to record levels,” according to nonprofit Oxfam's report analyzing more than 200 of the largest U.S. corporations. CEO pay has jumped by 31% from 2018 to 2022, per said study.\n“The rules are being rigged, and the companies are helping to rig them,” Irit Tamir, senior director of Oxfam America’s private sector department, told Fortune in March, adding that “we are essentially in a new Gilded Age.” \nLook no further than Elon Musk’s recent victory to see how the game is played. Earlier this year, a judge in Delaware ruled that Musk’s proposed pay package for Tesla, worth a record $55 billion, wasn't justified and called it an “unfathomable sum.”\n“The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen McCormick wrote, adding that the CEO “had extensive ties with the persons tasked with negotiating on Tesla’s behalf.”\nEven so, the board pushed back against this decision and asked shareholders again to vote on the package. They overwhelmingly sided with Musk, granting back a pay plan now valued at $44.9 billion, per the Associated Press. That’s even though Musk has been criticized for splitting his attention among too many projects, even being called an “absent CEO” by Gerber Kawasaki CEO Ross Gerber. \nGerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you’ve just got to say, this board needs to be replaced.” \nEven so, Musk’s absence appears to be worth billions in the pandemic era of the CEO. The same can’t be said for Benioff as of yet—but that could change.\nThis story was originally featured on Fortune.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322810818183352,"gmtCreate":1719841478288,"gmtModify":1719841481902,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v> JP's target for SEA at $78, DBS at $75, now the price is below $70😎","listText":"<a href=\"https://ttm.financial/S/SE\">$(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v> JP's target for SEA at $78, DBS at $75, now the price is below $70😎","text":"$(SE)$ JP's target for SEA at $78, DBS at $75, now the price is below $70😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322810818183352","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322610210877448,"gmtCreate":1719792490375,"gmtModify":1719792493823,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Pay Elon Mask 56b to copy BYD, that day is coming.","listText":"Pay Elon Mask 56b to copy BYD, that day is coming.","text":"Pay Elon Mask 56b to copy BYD, that day is coming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322610210877448","repostId":"2446595776","repostType":2,"repost":{"id":"2446595776","pubTimestamp":1719524291,"share":"https://ttm.financial/m/news/2446595776?lang=&edition=fundamental","pubTime":"2024-06-28 05:38","market":"nz","language":"en","title":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package","url":"https://stock-news.laohu8.com/highlight/detail?id=2446595776","media":"MT Newswires Live","summary":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wan","content":"<html><body><p>Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package</p><p> Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ratified it, Reuters reported, citing court documents filed Thursday.</p><p>Tesla shareholders voted June 13 to reinstate Musk's $56 billion pay package. The vote came after a January 30 ruling by Delaware Court of Chancery Judge Kathaleen McCormick. McCormick sided with a shareholder suit challenging the stock-based compensation on the basis that Tesla board was too closely aligned with Musk to fairly decide on the pay.</p><p>McCormick still needs to issue a final order and Thursday's court filing is asking that a \"judgment is entered for the defendants,\" Reuters said. Oral arguments before McCormick are likely in late July or early August, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 197.20, Change: -0.22, Percent Change: -0.11</p></body></html>","source":"mtnewswires_live","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 Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nMarket Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-28 05:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4511":"特斯拉概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4548":"巴美列捷福持仓","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLA":"特斯拉","LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4592":"伊斯兰概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4585":"ETF&股票定投概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4555":"新能源车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2063271972.USD":"富兰克林创新领域基金","BK4527":"明星科技股","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4550":"红杉资本持仓","BK4588":"碎股","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4551":"寇图资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4581":"高盛持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4099":"汽车制造商"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2446595776","content_text":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ratified it, Reuters reported, citing court documents filed Thursday.Tesla shareholders voted June 13 to reinstate Musk's $56 billion pay package. The vote came after a January 30 ruling by Delaware Court of Chancery Judge Kathaleen McCormick. McCormick sided with a shareholder suit challenging the stock-based compensation on the basis that Tesla board was too closely aligned with Musk to fairly decide on the pay.McCormick still needs to issue a final order and Thursday's court filing is asking that a \"judgment is entered for the defendants,\" Reuters said. Oral arguments before McCormick are likely in late July or early August, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 197.20, Change: -0.22, Percent Change: -0.11","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310542172803248,"gmtCreate":1716825306015,"gmtModify":1716825309263,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Be patient","listText":"Be patient","text":"Be patient","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310542172803248","repostId":"2437194007","repostType":2,"repost":{"id":"2437194007","pubTimestamp":1716822000,"share":"https://ttm.financial/m/news/2437194007?lang=&edition=fundamental","pubTime":"2024-05-27 23:00","market":"us","language":"en","title":"Grab: Southeast Asia's Rideshare Titan Deserves A Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2437194007","media":"Seeking Alpha","summary":"Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market.The company is experiencing profitability in its deliveries segment and aims t","content":"<html><head></head><body><ul style=\"\"><li><p>Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market.</p></li><li><p>The company is experiencing profitability in its deliveries segment and aims to double adjusted EBITDA margins in this space.</p></li><li><p>Grab&#39;s multi-pronged business, including mobility and financial services, is growing rapidly and offers additional revenue streams.</p></li><li><p>The company is still trading at a reasonable ~3.5x current-year revenue multiple, with multiple catalysts for further growth and margin expansion.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7c1924fb3513022ad504aaf51af8522e\" tg-width=\"750\" tg-height=\"500\"/></p><p>fongfong2/iStock Editorial via Getty Images</p><p>It&#39;s often said that investors typically view international companies with a discount in mind. That&#39;s an unfortunate oversight, especially when the S&amp;P 500 is trading at all-time highs and is, at least in my view, in danger of a near-term correction. It&#39;s also misguided, especially when overseas companies - especially those operating in fast-growing developing markets - have much more long-term potential than their domestic counterparts.</p><p>There&#39;s nothing truly original about Grab (NASDAQ:GRAB). It&#39;s not going to win any innovation awards for basically being Uber 2.0 in Southeast Asia: but it&#39;s going to win from operational excellence. The Singapore-based rideshare giant is so dominant in its home market that it forced Uber out in 2018, and since then, like Uber, it has built a business that thrives on synergies between its rideshare and food delivery services.</p><p>Year to date, shares of Grab have risen just shy of ~15%, matching Uber&#39;s performance. In my view, however, there&#39;s plenty of upside left to go.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/23b989cb577278a97e1cf1636649c8a3\" tg-width=\"635\" tg-height=\"424\"/></p><p>Data by YCharts</p><h2 id=\"id_2417699240\">The bull case for Grab</h2><p>I&#39;m initiating Grab at a <strong>buy </strong>(I&#39;m long on Uber as well, but to me, Grab gives us completely different exposure to an entirely different and faster-growing market: akin to investing in Sea (SE) as well as in Amazon (AMZN).</p><p>To me, here are the key tenets of the bull case for Grab:</p><ul style=\"\"><li><p><strong>Grab operates in the fast-growing &#34;tiger economies&#34; of Southeast Asia. </strong>Population growth and economic development are quickly taking hold in Indonesia, Thailand, Vietnam, and the Philippines - where Grab operates, alongside Singapore (a highly developed and more mature country), Cambodia, and Myanmar. Grab&#39;s services are available in more than 500 cities and towns in this vibrant region.</p></li><li><p><strong>Profitability is starting to take hold in deliveries. </strong>Uber experienced a major milestone when its deliveries business hit profitability on an adjusted EBITDA basis during COVID; Grab is just now hitting that threshold with a plan to more than double adjusted EBITDA margins going forward (more details in the next section).</p></li><li><p><strong>Financial services- </strong>Unlike Uber, Grab is positioned to be a mega-app for all consumer needs, including finance in Southeast Asia. The company both lends as well as operates a point-of-sale and payments platform that increases its monetization capacity.</p></li><li><p><strong>Ample liquidity- </strong>The company has more than $5 billion of net liquidity on its books, giving it plenty of financial firepower to invest in its growth.</p></li></ul><p>A look at the company overall: as shown below, the company recently re-organized into four segments: deliveries, mobility, financial services, and other.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/deb2e6339140970c59ebb1269c61975f\" tg-width=\"640\" tg-height=\"360\"/></p><p>Grab segments (Grab Q1 earnings deck)</p><p>Of all of these, Deliveries is by far the largest, generating roughly two-thirds of the company&#39;s GMV and a similar proportion of revenue: but to date, it has lagged in profitability, which is quickly changing. Mobility, the more mature business, is already generating a greater than 50% adjusted EBITDA margin on revenue. And today, financials services is still generating a small amount of revenue, but it&#39;s quickly ramping toward profitability as well. <strong>We note that the business mix here is more weighted toward deliveries than Uber, which is roughly split half-and-half between Mobility and Delivery.</strong></p><p>The bottom line here: in my view, Grab operates a very attractive set of businesses in a very fast-growing region. I&#39;d take the chance to buy this stock as a long-term hold on the next dip.</p><h4 id=\"id_1024783460\">The path to profitability for Deliveries</h4><p>The number-one catalyst for Grab at the moment is the operating leverage it is beginning to see in its delivery segment. In its most recent quarter, Q1, Grab&#39;s deliveries segment saw 16% constant-currency growth in GMV to $2.7 billion, while revenue grew at a faster 24% y/y pace to $350 million (note that while Grab is headquartered in Singapore, it is listed on the NASDAQ in the U.S. after merging with a SPAC in 2021, and it reports its financials in U.S. dollars).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b7000dfa3186c25fa184a934c68469cc\" tg-width=\"640\" tg-height=\"335\"/></p><p>Grab deliveries results (Grab Q1 earnings deck)</p><p>Comparisons to Uber are inevitable, so we&#39;ll note here that Uber grew at a similar 17% constant-currency growth rate in gross bookings in Q1 (though it&#39;s much larger, with ~$18 billion in delivery bookings and ~$40 billion in total bookings across its mobility, delivery, and freight segments).</p><p>Yet, the more exciting piece is not the double-digit growth, but the rapid adjusted EBITDA expansion. The company gained <strong>240bps y/y </strong>of adjusted EBITDA margin driven by economies of scale, and the company isn&#39;t done yet: it aims for a 4%+ margin in the long haul via improving marketplace operations and gaining economies of scale on advertising.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/de41ee11c1e529771abdaec4e206fe40\" tg-width=\"640\" tg-height=\"330\"/></p><p>Grab deliveries path to profitability (Grab Q1 earnings deck)</p><p>One of the key initiatives that has pushed Deliveries toward success is Saver. Similar to its U.S. Uber counterpart, Saver allows customers to pay a lower delivery fee in exchange for a longer wait time. On Grab&#39;s part, this allows the company not only to offer a lower price, but to optimize its order fulfillment more efficiently.</p><p>The company notes that customers who opt for Saver order 1.8x more frequently than those who don&#39;t. The company additionally notes that 25% of its users join via a Saver delivery, creating top of the funnel marketing opportunities for users that have strong retention.</p><p>Another driver for boosted profitability in Delivery is advertising revenue (which, as seen in the profitability bridge above, will be a core catalyst to get the company to its target 4% adjusted EBITDA margin). Total advertisers on the Grab platform grew 46% y/y, and average spend increased 1.5x.</p><h4 id=\"id_1678847377\">Mobility and Financial Services</h4><p>The beauty of Grab, however, is that it&#39;s a multipronged business, and all of its businesses are growing like weeds.</p><p>As shown in the chart below, Mobility/rideshare GMV grew 30% y/y on a constant-currency basis to $1.55 billion, while revenue also grew at a 30% constant-currency pace to $247 million:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bee23775d24c35cb2a5e2b63d5ff2189\" tg-width=\"640\" tg-height=\"338\"/></p><p>Grab mobility (Grab Q1 earnings deck)</p><p>Now, this segment is already at a 8.9% adjusted EBITDA margin on GMV, which is in line with the company&#39;s long-term margin target of &#34;9%+.&#34; But it&#39;s the sheer growth in this segment, even at scale, that&#39;s impressive.</p><p>In particular, the company notes that inbound tourism to Southeast Asia is still below pre-COVID levels, giving the company an opportunity to grow alongside a tourism lift. Recently, the company has noticed an uplift from Chinese travelers as many Southeast Asian countries have introduced visa-free travel from Chinese citizens.</p><p>And in financial services, the company&#39;s loan portfolio continued to grow at a 64% y/y clip, while non-performing loans remained low at a 2% loss rate.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bd7fa8c5ed30e3334057005b35f7d116\" tg-width=\"640\" tg-height=\"344\"/></p><p>Grab loan portfolio (Grab Q1 earnings deck)</p><p>While still unprofitable, the Financial Services segment&#39;s -$28 million adjusted EBITDA loss improved 50% y/y relative to -$43 million in the year-ago Q1, driven by improved credit performance.</p><h2 id=\"id_308970134\">Valuation, risks and key takeaways</h2><p>For the current year, Grab is guiding to $2.70-$2.75 billion in consolidated revenue (14-17% y/y growth), and $250-$260 million in adjusted EBITDA, the midpoint of which represents a 10% consolidated adjusted EBITDA margin (against revenue) and an improvement from a rough breakeven -$22 million adjusted EBITDA in FY23.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/40b6748687833b5eb120ec2938d71374\" tg-width=\"640\" tg-height=\"303\"/></p><p>Grab outlook (Grab Q1 earnings deck)</p><p>At current share prices near $3.60, Grab has a market cap of $14.60 billion. We do note that the company has significant cash on its books, as shown below:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/85e089cfa904f67ae577edcbfdb9e52a\" tg-width=\"640\" tg-height=\"377\"/></p><p>Grab liquidity (Grab Q1 earnings deck)</p><p>After we net off the $5.03 billion of net cash on the company&#39;s most recent balance sheet, its resulting <strong>enterprise value is $9.57 billion.</strong></p><p>This puts Grab at a <strong>3.5x FY24 revenue multiple </strong>and a <strong>37x FY24 adjusted EBITDA multiple.</strong></p><p>Grab is still achieving plenty of operating leverage in its Deliveries segment, so it&#39;s too early to judge the company&#39;s valuation based on the bottom line. We note that Uber currently sits at a ~$137 billion market cap and a ~$127 billion enterprise value against consensus estimates for $43.1 billion in revenue this year, or a <strong>3.0x FY24 revenue multiple. </strong>I&#39;d argue that Grab&#39;s positioning in a faster-growing region than Uber, plus its addition of an attractive and still-scaling financial services business, affords it a bit of a premium.</p><p>There are risks to the bull case for Grab, of course. Though Uber has exited the region, there is still competition from homegrown competitors. In Indonesia, in particular, Grab has to compete against GoJek, which recently merged with Tokopedia to become an e-commerce/delivery powerhouse in Southeast Asia&#39;s largest economy. And on top of competition, macro is another big risk. Developing countries have been slower to recover in the global post-COVID recession; as previously noted, inbound travel has continued to be under historical levels.</p><p>To me, however, there is more reward than risk in this stock: buy here and stay long.</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>Grab: Southeast Asia's Rideshare Titan Deserves A Buy</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\">\nGrab: Southeast Asia's Rideshare Titan Deserves A Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4695357-grab-southeast-asias-rideshare-titan-deserves-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market.The company is experiencing profitability in its deliveries segment and aims ...</p>\n\n<a href=\"https://seekingalpha.com/article/4695357-grab-southeast-asias-rideshare-titan-deserves-a-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0048573645.USD":"富达东盟基金","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","GRAB":"Grab Holdings","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4535":"淡马锡持仓","LU0072462426.USD":"贝莱德全球配置 A2","LU0079474960.USD":"联博美国增长基金A","BK4592":"伊斯兰概念","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD"},"source_url":"https://seekingalpha.com/article/4695357-grab-southeast-asias-rideshare-titan-deserves-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2437194007","content_text":"Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market.The company is experiencing profitability in its deliveries segment and aims to double adjusted EBITDA margins in this space.Grab's multi-pronged business, including mobility and financial services, is growing rapidly and offers additional revenue streams.The company is still trading at a reasonable ~3.5x current-year revenue multiple, with multiple catalysts for further growth and margin expansion.fongfong2/iStock Editorial via Getty ImagesIt's often said that investors typically view international companies with a discount in mind. That's an unfortunate oversight, especially when the S&P 500 is trading at all-time highs and is, at least in my view, in danger of a near-term correction. It's also misguided, especially when overseas companies - especially those operating in fast-growing developing markets - have much more long-term potential than their domestic counterparts.There's nothing truly original about Grab (NASDAQ:GRAB). It's not going to win any innovation awards for basically being Uber 2.0 in Southeast Asia: but it's going to win from operational excellence. The Singapore-based rideshare giant is so dominant in its home market that it forced Uber out in 2018, and since then, like Uber, it has built a business that thrives on synergies between its rideshare and food delivery services.Year to date, shares of Grab have risen just shy of ~15%, matching Uber's performance. In my view, however, there's plenty of upside left to go.Data by YChartsThe bull case for GrabI'm initiating Grab at a buy (I'm long on Uber as well, but to me, Grab gives us completely different exposure to an entirely different and faster-growing market: akin to investing in Sea (SE) as well as in Amazon (AMZN).To me, here are the key tenets of the bull case for Grab:Grab operates in the fast-growing \"tiger economies\" of Southeast Asia. Population growth and economic development are quickly taking hold in Indonesia, Thailand, Vietnam, and the Philippines - where Grab operates, alongside Singapore (a highly developed and more mature country), Cambodia, and Myanmar. Grab's services are available in more than 500 cities and towns in this vibrant region.Profitability is starting to take hold in deliveries. Uber experienced a major milestone when its deliveries business hit profitability on an adjusted EBITDA basis during COVID; Grab is just now hitting that threshold with a plan to more than double adjusted EBITDA margins going forward (more details in the next section).Financial services- Unlike Uber, Grab is positioned to be a mega-app for all consumer needs, including finance in Southeast Asia. The company both lends as well as operates a point-of-sale and payments platform that increases its monetization capacity.Ample liquidity- The company has more than $5 billion of net liquidity on its books, giving it plenty of financial firepower to invest in its growth.A look at the company overall: as shown below, the company recently re-organized into four segments: deliveries, mobility, financial services, and other.Grab segments (Grab Q1 earnings deck)Of all of these, Deliveries is by far the largest, generating roughly two-thirds of the company's GMV and a similar proportion of revenue: but to date, it has lagged in profitability, which is quickly changing. Mobility, the more mature business, is already generating a greater than 50% adjusted EBITDA margin on revenue. And today, financials services is still generating a small amount of revenue, but it's quickly ramping toward profitability as well. We note that the business mix here is more weighted toward deliveries than Uber, which is roughly split half-and-half between Mobility and Delivery.The bottom line here: in my view, Grab operates a very attractive set of businesses in a very fast-growing region. I'd take the chance to buy this stock as a long-term hold on the next dip.The path to profitability for DeliveriesThe number-one catalyst for Grab at the moment is the operating leverage it is beginning to see in its delivery segment. In its most recent quarter, Q1, Grab's deliveries segment saw 16% constant-currency growth in GMV to $2.7 billion, while revenue grew at a faster 24% y/y pace to $350 million (note that while Grab is headquartered in Singapore, it is listed on the NASDAQ in the U.S. after merging with a SPAC in 2021, and it reports its financials in U.S. dollars).Grab deliveries results (Grab Q1 earnings deck)Comparisons to Uber are inevitable, so we'll note here that Uber grew at a similar 17% constant-currency growth rate in gross bookings in Q1 (though it's much larger, with ~$18 billion in delivery bookings and ~$40 billion in total bookings across its mobility, delivery, and freight segments).Yet, the more exciting piece is not the double-digit growth, but the rapid adjusted EBITDA expansion. The company gained 240bps y/y of adjusted EBITDA margin driven by economies of scale, and the company isn't done yet: it aims for a 4%+ margin in the long haul via improving marketplace operations and gaining economies of scale on advertising.Grab deliveries path to profitability (Grab Q1 earnings deck)One of the key initiatives that has pushed Deliveries toward success is Saver. Similar to its U.S. Uber counterpart, Saver allows customers to pay a lower delivery fee in exchange for a longer wait time. On Grab's part, this allows the company not only to offer a lower price, but to optimize its order fulfillment more efficiently.The company notes that customers who opt for Saver order 1.8x more frequently than those who don't. The company additionally notes that 25% of its users join via a Saver delivery, creating top of the funnel marketing opportunities for users that have strong retention.Another driver for boosted profitability in Delivery is advertising revenue (which, as seen in the profitability bridge above, will be a core catalyst to get the company to its target 4% adjusted EBITDA margin). Total advertisers on the Grab platform grew 46% y/y, and average spend increased 1.5x.Mobility and Financial ServicesThe beauty of Grab, however, is that it's a multipronged business, and all of its businesses are growing like weeds.As shown in the chart below, Mobility/rideshare GMV grew 30% y/y on a constant-currency basis to $1.55 billion, while revenue also grew at a 30% constant-currency pace to $247 million:Grab mobility (Grab Q1 earnings deck)Now, this segment is already at a 8.9% adjusted EBITDA margin on GMV, which is in line with the company's long-term margin target of \"9%+.\" But it's the sheer growth in this segment, even at scale, that's impressive.In particular, the company notes that inbound tourism to Southeast Asia is still below pre-COVID levels, giving the company an opportunity to grow alongside a tourism lift. Recently, the company has noticed an uplift from Chinese travelers as many Southeast Asian countries have introduced visa-free travel from Chinese citizens.And in financial services, the company's loan portfolio continued to grow at a 64% y/y clip, while non-performing loans remained low at a 2% loss rate.Grab loan portfolio (Grab Q1 earnings deck)While still unprofitable, the Financial Services segment's -$28 million adjusted EBITDA loss improved 50% y/y relative to -$43 million in the year-ago Q1, driven by improved credit performance.Valuation, risks and key takeawaysFor the current year, Grab is guiding to $2.70-$2.75 billion in consolidated revenue (14-17% y/y growth), and $250-$260 million in adjusted EBITDA, the midpoint of which represents a 10% consolidated adjusted EBITDA margin (against revenue) and an improvement from a rough breakeven -$22 million adjusted EBITDA in FY23.Grab outlook (Grab Q1 earnings deck)At current share prices near $3.60, Grab has a market cap of $14.60 billion. We do note that the company has significant cash on its books, as shown below:Grab liquidity (Grab Q1 earnings deck)After we net off the $5.03 billion of net cash on the company's most recent balance sheet, its resulting enterprise value is $9.57 billion.This puts Grab at a 3.5x FY24 revenue multiple and a 37x FY24 adjusted EBITDA multiple.Grab is still achieving plenty of operating leverage in its Deliveries segment, so it's too early to judge the company's valuation based on the bottom line. We note that Uber currently sits at a ~$137 billion market cap and a ~$127 billion enterprise value against consensus estimates for $43.1 billion in revenue this year, or a 3.0x FY24 revenue multiple. I'd argue that Grab's positioning in a faster-growing region than Uber, plus its addition of an attractive and still-scaling financial services business, affords it a bit of a premium.There are risks to the bull case for Grab, of course. Though Uber has exited the region, there is still competition from homegrown competitors. In Indonesia, in particular, Grab has to compete against GoJek, which recently merged with Tokopedia to become an e-commerce/delivery powerhouse in Southeast Asia's largest economy. And on top of competition, macro is another big risk. Developing countries have been slower to recover in the global post-COVID recession; as previously noted, inbound travel has continued to be under historical levels.To me, however, there is more reward than risk in this stock: buy here and stay long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301954372767768,"gmtCreate":1714738748207,"gmtModify":1714738751092,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Grab Holdings(GRAB)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301954372767768","isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":228490500448296,"gmtCreate":1696811657665,"gmtModify":1696816304542,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest&nbsp;middle-east war that could last as long as Russia/Ukraine war. &nbsp;Be prepared for FED raising interest to 6% and above. &nbsp;Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","listText":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest&nbsp;middle-east war that could last as long as Russia/Ukraine war. &nbsp;Be prepared for FED raising interest to 6% and above. &nbsp;Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","text":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest middle-east war that could last as long as Russia/Ukraine war. Be prepared for FED raising interest to 6% and above. Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228490500448296","repostId":"2374551229","repostType":2,"repost":{"id":"2374551229","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":1696806999,"share":"https://ttm.financial/m/news/2374551229?lang=&edition=fundamental","pubTime":"2023-10-09 07:16","market":"us","language":"en","title":"Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2374551229","media":"Dow Jones","summary":"September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.Other companies publishing results this week include  PepsiCo on Tuesday, then  Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.On Thursday, all eyes will be on the Bureau of Labor Statistics' consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.The BLS releases the consumer price index for September. Economists ","content":"<html><head></head><body><p>September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.</p><p>The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.</p><p>Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino&#39;s Pizza, Fastenal, and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> on Thursday.</p><p>On Thursday, all eyes will be on the Bureau of Labor Statistics&#39; consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.</p><p>The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank&#39;s mid-September policy meeting after their release on Wednesday.</p><p>Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.</p><p>Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.</p><p>Monday, 10/9</p><p>Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.</p><p>Tuesday 10/10</p><p>PepsiCo reports third-quarter fiscal-2023 results.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> and HP Inc. hold investor meetings.</p><p>The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.</p><p>Wednesday 10/11</p><p>The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.</p><p>The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.</p><p>Thursday 10/12</p><p>Delta Air Lines, Domino&#39;s Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.</p><p>Hormel Foods hosts its 2023 investor day.</p><p>The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.</p><p>Friday 10/13</p><p>BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.</p><p>The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers&#39; expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c73008c7e2a01637719a7fcf07c28888\" 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>Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week</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\">\nMiddle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week\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\">2023-10-09 07:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.</p><p>The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.</p><p>Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino&#39;s Pizza, Fastenal, and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> on Thursday.</p><p>On Thursday, all eyes will be on the Bureau of Labor Statistics&#39; consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.</p><p>The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank&#39;s mid-September policy meeting after their release on Wednesday.</p><p>Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.</p><p>Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.</p><p>Monday, 10/9</p><p>Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.</p><p>Tuesday 10/10</p><p>PepsiCo reports third-quarter fiscal-2023 results.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> and HP Inc. hold investor meetings.</p><p>The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.</p><p>Wednesday 10/11</p><p>The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.</p><p>The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.</p><p>Thursday 10/12</p><p>Delta Air Lines, Domino&#39;s Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.</p><p>Hormel Foods hosts its 2023 investor day.</p><p>The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.</p><p>Friday 10/13</p><p>BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.</p><p>The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers&#39; expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c73008c7e2a01637719a7fcf07c28888\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","UNH":"联合健康","PEP":"百事可乐","FAST":"快扣","ADBE":"Adobe"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2374551229","content_text":"September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.On Thursday, all eyes will be on the Bureau of Labor Statistics' consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank's mid-September policy meeting after their release on Wednesday.Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.Monday, 10/9Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.Tuesday 10/10PepsiCo reports third-quarter fiscal-2023 results.Adobe and HP Inc. hold investor meetings.The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.Wednesday 10/11The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.Thursday 10/12Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.Hormel Foods hosts its 2023 investor day.The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.Friday 10/13BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers' expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202105039384712,"gmtCreate":1690375470117,"gmtModify":1690376773072,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"I am 100% agreeable with your analysis. &nbsp;The FED would like a higher interest rate to adversely damage&nbsp;China and it's economic growth. To kill 2 birds with 1 stone.&nbsp;&nbsp;Not to&nbsp;forget the commercial and property&nbsp;loan defaults that have yet rocked the global banking sectors.","listText":"I am 100% agreeable with your analysis. &nbsp;The FED would like a higher interest rate to adversely damage&nbsp;China and it's economic growth. To kill 2 birds with 1 stone.&nbsp;&nbsp;Not to&nbsp;forget the commercial and property&nbsp;loan defaults that have yet rocked the global banking sectors.","text":"I am 100% agreeable with your analysis. The FED would like a higher interest rate to adversely damage China and it's economic growth. To kill 2 birds with 1 stone. Not to forget the commercial and property loan defaults that have yet rocked the global banking sectors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202105039384712","repostId":"2354462003","repostType":2,"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194558657880272,"gmtCreate":1688537600064,"gmtModify":1688538556752,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U9E.SI\">$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$&nbsp;</a>For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","listText":"<a href=\"https://ttm.financial/S/U9E.SI\">$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$&nbsp;</a>For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","text":"$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$ For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194558657880272","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":767387117945072,"gmtCreate":1687871984312,"gmtModify":1687871988816,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Don't pay too much attention to these junior analysts. &nbsp;One way or another SIA shares will correct to below $7&nbsp;and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already&nbsp;in technical recession. But travelling is part of Singaporean. &nbsp;During period of unemployment, people travel to recharge.","listText":"Don't pay too much attention to these junior analysts. &nbsp;One way or another SIA shares will correct to below $7&nbsp;and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already&nbsp;in technical recession. But travelling is part of Singaporean. &nbsp;During period of unemployment, people travel to recharge.","text":"Don't pay too much attention to these junior analysts. One way or another SIA shares will correct to below $7 and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already in technical recession. But travelling is part of Singaporean. During period of unemployment, people travel to recharge.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":61,"commentSize":16,"repostSize":1,"link":"https://ttm.financial/post/767387117945072","repostId":"1169391122","repostType":2,"isVote":1,"tweetType":1,"viewCount":3529,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"content":"What annoucement coming 27?","text":"What annoucement coming 27?","html":"What annoucement coming 27?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189675150360584,"gmtCreate":1687332930380,"gmtModify":1687332933719,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189675150360584","isVote":1,"tweetType":1,"viewCount":1165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189298744578176,"gmtCreate":1687241036584,"gmtModify":1687242224303,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9&nbsp;again.","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9&nbsp;again.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9 again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189298744578176","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188344933445880,"gmtCreate":1687008375472,"gmtModify":1687009962013,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/188344933445880","isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"content":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!","text":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!","html":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188159227920648,"gmtCreate":1686963044422,"gmtModify":1686967063833,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","listText":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","text":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188159227920648","repostId":"1182870538","repostType":2,"repost":{"id":"1182870538","pubTimestamp":1686906712,"share":"https://ttm.financial/m/news/1182870538?lang=&edition=fundamental","pubTime":"2023-06-16 17:11","market":"sg","language":"en","title":"Singapore Airlines Slides 1.77% After Morgan Stanley Slashes Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=1182870538","media":"Bloomberg","summary":"Stock rose 33% in the past month after reporting record profitMorgan Stanley has bull case target pr","content":"<html><head></head><body><ul><li><p>Stock rose 33% in the past month after reporting record profit</p></li><li><p>Morgan Stanley has bull case target price of S$9.30 on shares</p></li></ul><p>Morgan Stanley downgraded Singapore Airlines Ltd. after a peer-beating rally over the past month, saying positives such as strong fundamentals and favorable fuel prices have been priced in.</p><p style=\"text-align: start;\">Shares of the carrier tumbled as much as 1.77% on Friday, on track to snap its longest winning streak since 2008. An Asia Pacific gauge of airline stocks traded higher on the day. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e5284658a8ccf4a921df343362e3681\" tg-width=\"895\" tg-height=\"626\"/></p><p style=\"text-align: start;\">The rating cut to equal-weight from overweight is the airlines’ first in four months since its rapid climb catapulted the stock to among the top gainers on the Bloomberg World Airlines Index this year, according to data compiled by Bloomberg. Singapore Airlines has risen 33% since May 16 after it reported a record profit, driven by pent-up demand. In contrast, the Straits Times Index has advanced 1.4% in that period.</p><p style=\"text-align: start;\">Many market players have remained optimistic on the firm as higher capacity and benign fuel prices will enhance margins in the current fiscal year. Still, these factors looked “played out” and the rally so far has captured these positives, analysts including Divya Gangahar Kothiyal wrote in a note Friday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d042311f0bc6877cea00554396ce56f5\" title=\"\" tg-width=\"698\" tg-height=\"392\"/></p><p>The stock has overshot a consensus estimate target price of S$6.31, according to data compiled by Bloomberg. Morgan Stanley raised its target price by 16.8% to S$7.30 after switching its valuation framework.</p><p>“Our bull case assumes cargo yields stabilize at current levels and costs remain well controlled, driving operating leverage and earnings growth of 15% in FY24,” Morgan Stanley said. “In such a scenario, the stock could continue to re-rate, and we assume a 5% premium over our base case” to a bull case of S$9.30.</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>Singapore Airlines Slides 1.77% After Morgan Stanley Slashes Rating</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 Airlines Slides 1.77% After Morgan Stanley Slashes Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-06-16/singapore-airlines-gets-its-first-downgrade-in-four-months?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock rose 33% in the past month after reporting record profitMorgan Stanley has bull case target price of S$9.30 on sharesMorgan Stanley downgraded Singapore Airlines Ltd. after a peer-beating rally ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-06-16/singapore-airlines-gets-its-first-downgrade-in-four-months?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":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2023-06-16/singapore-airlines-gets-its-first-downgrade-in-four-months?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182870538","content_text":"Stock rose 33% in the past month after reporting record profitMorgan Stanley has bull case target price of S$9.30 on sharesMorgan Stanley downgraded Singapore Airlines Ltd. after a peer-beating rally over the past month, saying positives such as strong fundamentals and favorable fuel prices have been priced in.Shares of the carrier tumbled as much as 1.77% on Friday, on track to snap its longest winning streak since 2008. An Asia Pacific gauge of airline stocks traded higher on the day. The rating cut to equal-weight from overweight is the airlines’ first in four months since its rapid climb catapulted the stock to among the top gainers on the Bloomberg World Airlines Index this year, according to data compiled by Bloomberg. Singapore Airlines has risen 33% since May 16 after it reported a record profit, driven by pent-up demand. In contrast, the Straits Times Index has advanced 1.4% in that period.Many market players have remained optimistic on the firm as higher capacity and benign fuel prices will enhance margins in the current fiscal year. Still, these factors looked “played out” and the rally so far has captured these positives, analysts including Divya Gangahar Kothiyal wrote in a note Friday.The stock has overshot a consensus estimate target price of S$6.31, according to data compiled by Bloomberg. Morgan Stanley raised its target price by 16.8% to S$7.30 after switching its valuation framework.“Our bull case assumes cargo yields stabilize at current levels and costs remain well controlled, driving operating leverage and earnings growth of 15% in FY24,” Morgan Stanley said. “In such a scenario, the stock could continue to re-rate, and we assume a 5% premium over our base case” to a bull case of S$9.30.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989936437,"gmtCreate":1665884158730,"gmtModify":1676537674773,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"How to believe in credit suisse?","listText":"How to believe in credit suisse?","text":"How to believe in credit suisse?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989936437","repostId":"2275391547","repostType":2,"repost":{"id":"2275391547","pubTimestamp":1665880939,"share":"https://ttm.financial/m/news/2275391547?lang=&edition=fundamental","pubTime":"2022-10-16 08:42","market":"us","language":"en","title":"Apple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2275391547","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech g","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit Suisse said.</p><p>Analyst Shannon Cross, who has an outperform rating on Apple (AAPL), raised her revenue and earnings per share estimates by 1% on continued strong sales of the high-end models. She now expects Apple (AAPL) to generate $89.68B in revenue and $1.30 a share, up from a prior estimate of $88.7B and $1.26 a share. </p><p>Cross noted that although Apple (AAPL) raised the price of its devices in many countries, perhaps to account for volatile currencies, it did not do so in China. Cross said this was possibly not done in order to &#34;better retain demand in a market weighted to flagship iPhone models.&#34;</p><p>In Japan, Apple (AAPL) raised the iPhone 14 average selling price by roughly 22%, while the average selling price of the iPhone increased roughly 15% in Europe.</p><p>Cross also noted that although Mac, iPad, wearable, and home and accessories supplies were constrained in the third quarter, it&#39;s possible that supply chains improved, notably helping the Mac.</p><p>Cross highlighted recent data from research firm IDC, which said that Apple (AAPL) gained roughly six points of market share in the third quarter, to reach 13.5% of the PC market.</p><p>Despite the expected strength in its fiscal fourth quarter, Cross does not expect that to continue for much longer. She lowered her estimates for the 2023 and 2024 fiscal years to account for a &#34;weaker consumer backdrop.&#34;</p><p>On Thursday, Apple (AAPL) introduced a high-yield savings account with Goldman Sachs (GS) as its banking partner.</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>Apple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-16 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit ...</p>\n\n<a href=\"https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275391547","content_text":"Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit Suisse said.Analyst Shannon Cross, who has an outperform rating on Apple (AAPL), raised her revenue and earnings per share estimates by 1% on continued strong sales of the high-end models. She now expects Apple (AAPL) to generate $89.68B in revenue and $1.30 a share, up from a prior estimate of $88.7B and $1.26 a share. Cross noted that although Apple (AAPL) raised the price of its devices in many countries, perhaps to account for volatile currencies, it did not do so in China. Cross said this was possibly not done in order to \"better retain demand in a market weighted to flagship iPhone models.\"In Japan, Apple (AAPL) raised the iPhone 14 average selling price by roughly 22%, while the average selling price of the iPhone increased roughly 15% in Europe.Cross also noted that although Mac, iPad, wearable, and home and accessories supplies were constrained in the third quarter, it's possible that supply chains improved, notably helping the Mac.Cross highlighted recent data from research firm IDC, which said that Apple (AAPL) gained roughly six points of market share in the third quarter, to reach 13.5% of the PC market.Despite the expected strength in its fiscal fourth quarter, Cross does not expect that to continue for much longer. She lowered her estimates for the 2023 and 2024 fiscal years to account for a \"weaker consumer backdrop.\"On Thursday, Apple (AAPL) introduced a high-yield savings account with Goldman Sachs (GS) as its banking partner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":767387117945072,"gmtCreate":1687871984312,"gmtModify":1687871988816,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Don't pay too much attention to these junior analysts. &nbsp;One way or another SIA shares will correct to below $7&nbsp;and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already&nbsp;in technical recession. But travelling is part of Singaporean. &nbsp;During period of unemployment, people travel to recharge.","listText":"Don't pay too much attention to these junior analysts. &nbsp;One way or another SIA shares will correct to below $7&nbsp;and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already&nbsp;in technical recession. But travelling is part of Singaporean. &nbsp;During period of unemployment, people travel to recharge.","text":"Don't pay too much attention to these junior analysts. One way or another SIA shares will correct to below $7 and move up again if the next announcement on 27 July 23 is better than the last. So, sell, wait, buy, hold and sell. BTW, we are already in technical recession. But travelling is part of Singaporean. During period of unemployment, people travel to recharge.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":61,"commentSize":16,"repostSize":1,"link":"https://ttm.financial/post/767387117945072","repostId":"1169391122","repostType":2,"repost":{"id":"1169391122","pubTimestamp":1687844049,"share":"https://ttm.financial/m/news/1169391122?lang=&edition=fundamental","pubTime":"2023-06-27 13:34","market":"sg","language":"en","title":"DBS Downgrades SIA to \"Hold\", Urges Switch to ST Engineering, SATS Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1169391122","media":"The Edge Singapore","summary":"Following a triumphant return to profitability, Singapore Airlines’ (SIA) bright earnings prospects are “largely priced-in”, say DBS Group Research analysts. Now, the DBS analysts recommend investors ","content":"<html><head></head><body><p>Following a triumphant return to profitability, Singapore Airlines’ (SIA) bright earnings prospects are “largely priced-in”, say DBS Group Research analysts. Now, the DBS analysts recommend investors switch to ST Engineering (STE) or SATS.</p><p style=\"text-align: start;\">SIA’s valuations are “broadly in-line” with its fundamentals after the “stunning” rally in its share price year-to-date, according to analysts Jason Sum, Tabitha Foo and Paul Yong. “While we continue to be optimistic about the airline’s near-term earnings outlook, we believe its earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels due to fiercer competition in the region.”</p><p style=\"text-align: start;\">Additionally, SIA will also likely suffer greater losses from associates after Air India becomes an associate, add the analysts. “Hence, we recommend that investors take profit and rotate into other Singapore aviation-related names with more durable growth characteristics and attractive valuations.”</p><p>ST Engineering is DBS’s preferred choice. “Its valuation has yet to reflect the multiple growth levers that we foresee fuelling its 16% core earnings CAGR over the next two years. We also like SATS, as its current valuation is not indicative of its longer-term earnings capability, but the absence of near-term catalysts may delay its re-rating.”</p><p style=\"text-align: start;\">In a June 26 note, the DBS analysts downgrade SIA to ‘hold’ with an unchanged target price of $6.80, while STE, SATS and SIA Engineering earn “buy” calls with target prices of $4.20, $3.20 and $2.80 respectively.</p><p style=\"text-align: start;\">Singapore’s aviation sector is progressing well against expectations, and Asia-Pacific will see accelerated recovery in 2023, say the analysts.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5f8edaf0ceedbf58bf8c1d1834de064\" tg-width=\"900\" tg-height=\"391\"/></p><p>The release of substantial pent-up travel demand post China’s reopening drove a significant upswing in global air passenger activity, propelling global air passenger traffic to 90.5% of 2019 levels in April.</p><p style=\"text-align: start;\">Upbeat consumer sentiment and solid forward-booking activity underpin DBS’s expectation that this momentum would be sustained going forward, particularly in Asia-Pacific, which is expected to see the strongest improvement due to its delayed reopening.</p><p>According to the International Air Transport Association (IATA), passenger traffic in the region is projected to surge to 86% of pre-pandemic levels in 2023, up from a mere 54% in 2022.</p><p style=\"text-align: start;\">Singapore has outpaced other countries in this region and is well-positioned to maintain its lead, which bodes well for aviation-related companies in the country, say DBS analysts. “Meanwhile, channel checks indicate that the maintenance, repair and overhaul (MRO) market is becoming increasingly tight, with demand poised to rise sharply on multiple tailwinds. Contrarily, the air cargo market will likely remain under stress due to a culmination of softer demand and stiffer competition from ocean freight.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe28667b888e196e2f0b53331e918b4a\" tg-width=\"901\" tg-height=\"757\"/></p><p><strong>Key factors impacting earnings</strong></p><p style=\"text-align: start;\">For SIA, the DBS analysts are watching for an increase in passenger traffic, if passenger capacity hits 90% of January 2020’s level in 2H2023 and 100% by end-1H2024.</p><p style=\"text-align: start;\">They are also watching if passenger load factors will be maintained at above pre-pandemic levels, while passenger yields moderate at a more gradual pace.</p><p style=\"text-align: start;\">However, they think a sharp decline in air cargo rates and load factors could be tempered by rising cargo capacity, along with lower unit costs due to the fall in jet fuel prices and increased efficiency with the restoration of capacity.</p><p>There is also uncertainty on investment quantum required to finance Air India’s ambitious growth aspirations, which could contribute to an increase in share of losses from associates from FY2025 with Air India as an associate.</p><p style=\"text-align: start;\">As for STE, there are a few positive factors. For one, the company has divested its loss-making US-based marine subsidiary, which was $80 million in the red for FY2022.</p><p style=\"text-align: start;\">There could also be a full-year positive contribution from subsidiary TransCore, a US-based transportation technology company, including lower transaction and integration costs of around $10 million to $15 million in FY2023, compared to $30 million in FY2022.</p><p style=\"text-align: start;\">The DBS analysts also point to lower energy-inflation costs as compared to FY2022 with the normalisation of commodity and electricity prices, as well as the continued business recovery in the commercial aerospace business.</p><p style=\"text-align: start;\">Meanwhile, ST Engineering’s defence business should remain resilient amid heightened geopolitical tensions, they add, while expecting sustained operating margin expansion, with the passenger-to-freighter (P2F) programme turning ebit positive, increased economies of scale and positive cost-cutting.</p><p style=\"text-align: start;\">On SATS, the DBS analysts point to a healthy growth in non-aviation food businesses as the group expands its product portfolio, distribution channels and production capacity with new central kitchens in Tianjin and Bengaluru coming online.</p><p style=\"text-align: start;\">There is also a new food hub in Jurong Ground handling and aviation food business to benefit from recovery in passenger flights and traffic, particularly in inter-region flights to and from Asia, they add.</p><p style=\"text-align: start;\">That said, the downturn in the air cargo market could weigh on SATS’s cargo handling business in the near term before seeing a recovery in the next year, say the DBS analysts.</p><p style=\"text-align: start;\">There is also the risk of higher interest expenses, given a substantial increase in the debt burden and integration costs in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d279619d539a119f2620cf3ad14132ec\" tg-width=\"903\" tg-height=\"306\"/></p><p>As at 1.31pm, shares in SIA are trading 7 cents higher, or 0.94% up, at $7.55; while shares in ST Engineering are trading 5 cents higher, or 1.40% up, at $3.63; and shares in SATS are trading 3 cents higher, or 1.17% up, at $2.59.</p></body></html>","source":"lsy1655096814160","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>DBS Downgrades SIA to \"Hold\", Urges Switch to ST Engineering, SATS Instead</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\">\nDBS Downgrades SIA to \"Hold\", Urges Switch to ST Engineering, SATS Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-27 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-sia-hold-urges-switch-st-engineering-sats-instead><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Following a triumphant return to profitability, Singapore Airlines’ (SIA) bright earnings prospects are “largely priced-in”, say DBS Group Research analysts. Now, the DBS analysts recommend investors ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-sia-hold-urges-switch-st-engineering-sats-instead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司","C6L.SI":"新加坡航空公司","S63.SI":"新科工程"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/dbs-downgrades-sia-hold-urges-switch-st-engineering-sats-instead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169391122","content_text":"Following a triumphant return to profitability, Singapore Airlines’ (SIA) bright earnings prospects are “largely priced-in”, say DBS Group Research analysts. Now, the DBS analysts recommend investors switch to ST Engineering (STE) or SATS.SIA’s valuations are “broadly in-line” with its fundamentals after the “stunning” rally in its share price year-to-date, according to analysts Jason Sum, Tabitha Foo and Paul Yong. “While we continue to be optimistic about the airline’s near-term earnings outlook, we believe its earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels due to fiercer competition in the region.”Additionally, SIA will also likely suffer greater losses from associates after Air India becomes an associate, add the analysts. “Hence, we recommend that investors take profit and rotate into other Singapore aviation-related names with more durable growth characteristics and attractive valuations.”ST Engineering is DBS’s preferred choice. “Its valuation has yet to reflect the multiple growth levers that we foresee fuelling its 16% core earnings CAGR over the next two years. We also like SATS, as its current valuation is not indicative of its longer-term earnings capability, but the absence of near-term catalysts may delay its re-rating.”In a June 26 note, the DBS analysts downgrade SIA to ‘hold’ with an unchanged target price of $6.80, while STE, SATS and SIA Engineering earn “buy” calls with target prices of $4.20, $3.20 and $2.80 respectively.Singapore’s aviation sector is progressing well against expectations, and Asia-Pacific will see accelerated recovery in 2023, say the analysts.The release of substantial pent-up travel demand post China’s reopening drove a significant upswing in global air passenger activity, propelling global air passenger traffic to 90.5% of 2019 levels in April.Upbeat consumer sentiment and solid forward-booking activity underpin DBS’s expectation that this momentum would be sustained going forward, particularly in Asia-Pacific, which is expected to see the strongest improvement due to its delayed reopening.According to the International Air Transport Association (IATA), passenger traffic in the region is projected to surge to 86% of pre-pandemic levels in 2023, up from a mere 54% in 2022.Singapore has outpaced other countries in this region and is well-positioned to maintain its lead, which bodes well for aviation-related companies in the country, say DBS analysts. “Meanwhile, channel checks indicate that the maintenance, repair and overhaul (MRO) market is becoming increasingly tight, with demand poised to rise sharply on multiple tailwinds. Contrarily, the air cargo market will likely remain under stress due to a culmination of softer demand and stiffer competition from ocean freight.”Key factors impacting earningsFor SIA, the DBS analysts are watching for an increase in passenger traffic, if passenger capacity hits 90% of January 2020’s level in 2H2023 and 100% by end-1H2024.They are also watching if passenger load factors will be maintained at above pre-pandemic levels, while passenger yields moderate at a more gradual pace.However, they think a sharp decline in air cargo rates and load factors could be tempered by rising cargo capacity, along with lower unit costs due to the fall in jet fuel prices and increased efficiency with the restoration of capacity.There is also uncertainty on investment quantum required to finance Air India’s ambitious growth aspirations, which could contribute to an increase in share of losses from associates from FY2025 with Air India as an associate.As for STE, there are a few positive factors. For one, the company has divested its loss-making US-based marine subsidiary, which was $80 million in the red for FY2022.There could also be a full-year positive contribution from subsidiary TransCore, a US-based transportation technology company, including lower transaction and integration costs of around $10 million to $15 million in FY2023, compared to $30 million in FY2022.The DBS analysts also point to lower energy-inflation costs as compared to FY2022 with the normalisation of commodity and electricity prices, as well as the continued business recovery in the commercial aerospace business.Meanwhile, ST Engineering’s defence business should remain resilient amid heightened geopolitical tensions, they add, while expecting sustained operating margin expansion, with the passenger-to-freighter (P2F) programme turning ebit positive, increased economies of scale and positive cost-cutting.On SATS, the DBS analysts point to a healthy growth in non-aviation food businesses as the group expands its product portfolio, distribution channels and production capacity with new central kitchens in Tianjin and Bengaluru coming online.There is also a new food hub in Jurong Ground handling and aviation food business to benefit from recovery in passenger flights and traffic, particularly in inter-region flights to and from Asia, they add.That said, the downturn in the air cargo market could weigh on SATS’s cargo handling business in the near term before seeing a recovery in the next year, say the DBS analysts.There is also the risk of higher interest expenses, given a substantial increase in the debt burden and integration costs in 2023.As at 1.31pm, shares in SIA are trading 7 cents higher, or 0.94% up, at $7.55; while shares in ST Engineering are trading 5 cents higher, or 1.40% up, at $3.63; and shares in SATS are trading 3 cents higher, or 1.17% up, at $2.59.","news_type":1},"isVote":1,"tweetType":1,"viewCount":3529,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"content":"What annoucement coming 27?","text":"What annoucement coming 27?","html":"What annoucement coming 27?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189675150360584,"gmtCreate":1687332930380,"gmtModify":1687332933719,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ Voted best airlines in the world. Singaporean should be proud of our home-grown airline. Back by Singapore government. Highest profit in its history. The rightful price is $9, back to pre-Covid $.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189675150360584","isVote":1,"tweetType":1,"viewCount":1165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345850962710904,"gmtCreate":1725463131511,"gmtModify":1725463134002,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Paramount Global(PARA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345850962710904","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194558657880272,"gmtCreate":1688537600064,"gmtModify":1688538556752,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U9E.SI\">$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$&nbsp;</a>For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","listText":"<a href=\"https://ttm.financial/S/U9E.SI\">$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$&nbsp;</a>For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","text":"$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$ For goodness sake, increase your tariff so your share price will go up. Don't be a sissy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194558657880272","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189298744578176,"gmtCreate":1687241036584,"gmtModify":1687242224303,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9&nbsp;again.","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9&nbsp;again.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ still below pre-Covid $9, consider best performance in the history of SIA. Their share price deserved the $9 again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189298744578176","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188344933445880,"gmtCreate":1687008375472,"gmtModify":1687009962013,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/188344933445880","isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"content":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!","text":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!","html":"Look at the news today, SIA and Scoot, the World’s Top Airlines. Make Singapore proud, $9 should be the target for the Top Airline and Record Profit in history!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989936437,"gmtCreate":1665884158730,"gmtModify":1676537674773,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"How to believe in credit suisse?","listText":"How to believe in credit suisse?","text":"How to believe in credit suisse?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989936437","repostId":"2275391547","repostType":2,"repost":{"id":"2275391547","pubTimestamp":1665880939,"share":"https://ttm.financial/m/news/2275391547?lang=&edition=fundamental","pubTime":"2022-10-16 08:42","market":"us","language":"en","title":"Apple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2275391547","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech g","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit Suisse said.</p><p>Analyst Shannon Cross, who has an outperform rating on Apple (AAPL), raised her revenue and earnings per share estimates by 1% on continued strong sales of the high-end models. She now expects Apple (AAPL) to generate $89.68B in revenue and $1.30 a share, up from a prior estimate of $88.7B and $1.26 a share. </p><p>Cross noted that although Apple (AAPL) raised the price of its devices in many countries, perhaps to account for volatile currencies, it did not do so in China. Cross said this was possibly not done in order to &#34;better retain demand in a market weighted to flagship iPhone models.&#34;</p><p>In Japan, Apple (AAPL) raised the iPhone 14 average selling price by roughly 22%, while the average selling price of the iPhone increased roughly 15% in Europe.</p><p>Cross also noted that although Mac, iPad, wearable, and home and accessories supplies were constrained in the third quarter, it&#39;s possible that supply chains improved, notably helping the Mac.</p><p>Cross highlighted recent data from research firm IDC, which said that Apple (AAPL) gained roughly six points of market share in the third quarter, to reach 13.5% of the PC market.</p><p>Despite the expected strength in its fiscal fourth quarter, Cross does not expect that to continue for much longer. She lowered her estimates for the 2023 and 2024 fiscal years to account for a &#34;weaker consumer backdrop.&#34;</p><p>On Thursday, Apple (AAPL) introduced a high-yield savings account with Goldman Sachs (GS) as its banking partner.</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>Apple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple to Benefit From iPhone 14 Pro Strength, Credit Suisse Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-16 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit ...</p>\n\n<a href=\"https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3891188-apple-to-benefit-from-iphone-14-pro-strength-credit-suisse-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275391547","content_text":"Apple (NASDAQ:AAPL) is slated to report fiscal fourth-quarter results on October 27th and the tech giant is likely to benefit from strength in its iPhone 14 Pro and iPhone 14 Pro Max models, Credit Suisse said.Analyst Shannon Cross, who has an outperform rating on Apple (AAPL), raised her revenue and earnings per share estimates by 1% on continued strong sales of the high-end models. She now expects Apple (AAPL) to generate $89.68B in revenue and $1.30 a share, up from a prior estimate of $88.7B and $1.26 a share. Cross noted that although Apple (AAPL) raised the price of its devices in many countries, perhaps to account for volatile currencies, it did not do so in China. Cross said this was possibly not done in order to \"better retain demand in a market weighted to flagship iPhone models.\"In Japan, Apple (AAPL) raised the iPhone 14 average selling price by roughly 22%, while the average selling price of the iPhone increased roughly 15% in Europe.Cross also noted that although Mac, iPad, wearable, and home and accessories supplies were constrained in the third quarter, it's possible that supply chains improved, notably helping the Mac.Cross highlighted recent data from research firm IDC, which said that Apple (AAPL) gained roughly six points of market share in the third quarter, to reach 13.5% of the PC market.Despite the expected strength in its fiscal fourth quarter, Cross does not expect that to continue for much longer. She lowered her estimates for the 2023 and 2024 fiscal years to account for a \"weaker consumer backdrop.\"On Thursday, Apple (AAPL) introduced a high-yield savings account with Goldman Sachs (GS) as its banking partner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310542172803248,"gmtCreate":1716825306015,"gmtModify":1716825309263,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Be patient","listText":"Be patient","text":"Be patient","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310542172803248","repostId":"2437194007","repostType":2,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202105039384712,"gmtCreate":1690375470117,"gmtModify":1690376773072,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"I am 100% agreeable with your analysis. &nbsp;The FED would like a higher interest rate to adversely damage&nbsp;China and it's economic growth. To kill 2 birds with 1 stone.&nbsp;&nbsp;Not to&nbsp;forget the commercial and property&nbsp;loan defaults that have yet rocked the global banking sectors.","listText":"I am 100% agreeable with your analysis. &nbsp;The FED would like a higher interest rate to adversely damage&nbsp;China and it's economic growth. To kill 2 birds with 1 stone.&nbsp;&nbsp;Not to&nbsp;forget the commercial and property&nbsp;loan defaults that have yet rocked the global banking sectors.","text":"I am 100% agreeable with your analysis. The FED would like a higher interest rate to adversely damage China and it's economic growth. To kill 2 birds with 1 stone. Not to forget the commercial and property loan defaults that have yet rocked the global banking sectors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202105039384712","repostId":"2354462003","repostType":2,"repost":{"id":"2354462003","pubTimestamp":1690385188,"share":"https://ttm.financial/m/news/2354462003?lang=&edition=fundamental","pubTime":"2023-07-26 23:26","market":"us","language":"en","title":"The Fed Should Continue Hiking Past 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2354462003","media":"Seekingalpha","summary":"Chip Somodevilla The target is 2% inflation over time Here is the key sentence from the June FOMC meeting statement: In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. But what is the most important part in this statement that gives the clue about future monetary policy?It's bolded - it's \"over-time\". The Fed aims to return inflation to 2% over time. What does it mean?It means that the Fed could decide to pause the interest rate hiking cycle with core CPI inflation still elevated at 4.8%, if the conditions are set for inflation to fall to 2% over time. This is essentially what the soft-landing crowd is expecting - the Fed will pause after the July hike to 5.35%, despite the fact that core inflation remains elevated at","content":"<html><head></head><body><h2 id=\"id_1250867344\">The target is 2% inflation over time</h2><p>Here is the key sentence from the June FOMC meeting statement:</p><blockquote>In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent <strong>over time</strong>, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.</blockquote><p>But what is the most important part in this statement that gives the clue about future monetary policy? It&#39;s bolded - it&#39;s &#34;over-time&#34;. The Fed aims to return inflation to 2% over time. What does it mean?</p><p>It means that the Fed could decide to pause the interest rate hiking cycle with core CPI inflation still elevated at 4.8%, if the conditions are set for inflation to fall to 2% over time.</p><p>This is essentially what the soft-landing crowd is expecting - the Fed will pause after the July hike to 5.35%, despite the fact that core inflation remains elevated at 4.8%. Why? Because inflation is on the way down, and it will likely fall to 2% in the near future. And, of course, the economy will avoid falling into a recession because the Fed will start cutting interest rates as inflation continues falling in 2024.</p><p>But, it also means that the Fed could continue hiking interest rates even if inflation falls faster than expected - if the conditions don&#39;t favor a stable 2% inflation over time.</p><p>The June CPI report showed that core CPI increased only by 0.2% month-over-month, and 4.8% over the last 12 months. If the core CPI continues to rise by 0.2% each month, the core CPI will be at 2.5% by July 2024, which is still above the 2% target, so you would need to have a few months with 0.1% core CPI month over month to get to 2%. That&#39;s what the soft-landing scenario is expecting.</p><p>The problem with the soft-landing scenario is that the Fed&#39;s own Inflation Nowcast expects that core CPI will rise by 0.4% in July. Obviously, the conditions for core inflation to return to 2% over time are not there yet. Thus, despite the soft June CPI report, I believe the Fed has to continue hiking.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d9be1802471aab595b103c745d0b12c\" tg-width=\"640\" tg-height=\"194\"/></p><p>Cleveland Fed</p><h2 id=\"id_2676259712\">But what are the necessary conditions for inflation to return to 2% over time?</h2><p>The price is a function of supply and demand, it&#39;s a very simple economic concept. So, generally, there has to be a supply/demand balance economy wide. Specifically, there has to be an ample supply of 1) labor and 2) input materials, for production to meet the underlying demand.</p><p>The US currently has a major labor shortage with full employment (unemployment rate at 3.6%) and nearly 10M job openings. Obviously, the supply of labor is limited, which is causing wage price inflation, and translating into a service price inflation.</p><p>The Fed simply cannot stop hiking as long as there is a labor shortage, because the risk is that core inflation would continue rising over time.</p><p>So, what&#39;s causing the labor shortage? On the supply side, one of the main issues is demographics - the large segment of population (baby boomers) is exiting the labor force and retiring. Second, due to the unfolding trend of deglobalization, the US has stricter immigration policy which is slowing the labor force growth. On the demand side, and also due to deglobalization, the US is reshoring some jobs back home from China. The Fed cannot control the trends in demographics and deglobalization issues, and these structural longer-term trends. Thus, the labor market conditions will be out of balance for the foreseeable future.</p><p>The unfolding trend of deglobalization is also creating the risk for commodity price spikes, and the shortage of key input materials. These risks are even more extreme due to the fact that deglobalization is associated with geopolitical tensions, which increase the risk of cold wars, proxy wars, and direct military confrontations between the main global powers.</p><p>For example, Russia exited the Black Sea Grain Initiative agreement, which pushed the price of wheat limit up in the futures market last week. Saudi Arabia is cutting the oil supplies to boost the price of oil. China imposed export controls on two strategic raw materials that are critical to the global chipmaking industry. These events are part of the broader trend which is likely to persist in the foreseeable future.</p><p>Obviously, these are not conditions where inflation is expected to fall to 2% over time. In fact, it&#39;s reasonable to conclude that we are currently still in a high inflationary environment.</p><h2 id=\"id_2678714004\">What should the Fed do?</h2><p>The Fed only directly controls the demand side of the equation, and the supply side problems can only be countered with declining demand to restore price stability. That means a recession.</p><p>Specifically, that means that the Fed needs to keep tightening monetary policy until the unemployment rate increases. The Fed has set the target of 4.1% unemployment rate for 2023 and 4.5% for 2024.</p><p>The Fed helped invert the yield curve, which is expected to cause credit tightness, which is expected to cause less investment, and thus, higher unemployment. So, now we are in the process of waiting for the lagged effects of this monetary policy transmission to the real economy. We are waiting for the clear signs of a recession.</p><p>The Fed decided to skip hiking interest rates in June to evaluate these lagged effects, and apparently decided to continue increasing interest rates at a much slower pace. Thus, the Fed is set to increase interest rates at the July meeting, and indicated that an additional 25bpt hike might be required in fall.</p><p>The lagged effects are already evident as the Redbook weekly retail sales are turning negative year over year, as well as industrial production. The labor market is showing some cracks with the (volatile) trend of higher weekly claims, but this is still insufficient.</p><p>The Fed is actually a very powerful institution with a broad geopolitical reach. The only way to really ensure a stable inflation rate over time is to directly address the underlying trends, particularly with the respect to deglobalization.</p><p>Specifically, I think the Fed should continue hiking well past 6% to induce a deep recession in the US, which would 1) crash oil price and weaken the oil revenue dependent Russia and other adversaries, 2) seriously weaken the export dependent Chinese economy.</p><p>Thus, by overtightening, the Fed would directly address the demand side of the equation via a higher unemployment rate, and indirectly affect the supply side by inducing economic barriers to deglobalization.</p><p>This is exactly what the Fed did in 1970s and especially in the early 1980s, when it hiked well above the core PCE inflation. Here is the chart, it&#39;s obvious that the current level of Federal Funds rate (red line) is not high enough in my opinion:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81d60a7769c56493157af148c045b0f4\" tg-width=\"640\" tg-height=\"270\"/></p><p>FRED</p><p>Now considering the Taylor Rule for determining the appropriate level for Federal Funds rate, the different scenarios suggest that the Federal Funds rate should be somewhere between 6.5% and 7.5%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d880c43218ed20ce7dde7739e111e909\" tg-width=\"640\" tg-height=\"423\"/></p><p>Atlanta Fed</p><h2 id=\"id_221054489\">What will the Fed do?</h2><p>The Fed is still behind based on the Taylor rule. We are in a high-inflationary environment characterized by a demographic time-bomb, de-globalization, a real war, a brewing war. These are the facts.</p><p>But the Fed is currently a conflicted institution in my view, where the major hawk Bullard actually quit the FOMC and the Fed, and is apparently being replaced by a dove.</p><p>The Fed has decided to take it slowly and to be data dependent, hoping that something will change over time. The Fed might be afraid of overtightening, but I think that&#39;s exactly what the Fed should do - overtighten. The Fed needs to create the conditions for inflation to return to 2% over time, no other way around it.</p><p>Alternatively, and this is becoming a baseline scenario on Wall Street, the Fed has to abandon the 2% target.</p><h2 id=\"id_3540477570\">Implications</h2><p>The stock market (SP500) has been rising since October 2022 in expectation of the Fed pivot - pause and a cut. These expectations are based on the recent memory of the 2000-2020 period, during which the US was in a low inflation environment. Actually, it was more of a disinflationary or even deflationary environment caused by globalization - abundant global labor force, cheap imports, etc.</p><p>But things have changed, we are in a high-inflationary environment now - just look at the headlines. The Fed has the mandate of 2% inflation over time, and that means the Fed will have no choice but to overtighten.</p><p>A soft-landing is a hope, and the market can run on a hope for some time. But, I believe the reality will set in. In fact, even the current earnings season for Q2 2023 has seen contracting margins, declining sales, and the third quarter of lower earnings.</p><p>The earnings projections are that earnings will start growing in Q4 2023, and over the entire 2024. That&#39;s based on a soft-landing scenario, so based on hope in my opinion. The trend of lower sales, lower margins, and lower earning is likely to continue in the foreseeable future, as the lagged effects of the recent monetary policy tightening intensify, while inflation continues to be elevated, forcing the Fed to continue to tighten the monetary policy likely past 6%.</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>The Fed Should Continue Hiking Past 6%</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 Fed Should Continue Hiking Past 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-26 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4619601-the-fed-should-continue-hiking-past-6-percent><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The target is 2% inflation over timeHere is the key sentence from the June FOMC meeting statement:In determining the extent of additional policy firming that may be appropriate to return inflation to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4619601-the-fed-should-continue-hiking-past-6-percent\">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://seekingalpha.com/article/4619601-the-fed-should-continue-hiking-past-6-percent","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2354462003","content_text":"The target is 2% inflation over timeHere is the key sentence from the June FOMC meeting statement:In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.But what is the most important part in this statement that gives the clue about future monetary policy? It's bolded - it's \"over-time\". The Fed aims to return inflation to 2% over time. What does it mean?It means that the Fed could decide to pause the interest rate hiking cycle with core CPI inflation still elevated at 4.8%, if the conditions are set for inflation to fall to 2% over time.This is essentially what the soft-landing crowd is expecting - the Fed will pause after the July hike to 5.35%, despite the fact that core inflation remains elevated at 4.8%. Why? Because inflation is on the way down, and it will likely fall to 2% in the near future. And, of course, the economy will avoid falling into a recession because the Fed will start cutting interest rates as inflation continues falling in 2024.But, it also means that the Fed could continue hiking interest rates even if inflation falls faster than expected - if the conditions don't favor a stable 2% inflation over time.The June CPI report showed that core CPI increased only by 0.2% month-over-month, and 4.8% over the last 12 months. If the core CPI continues to rise by 0.2% each month, the core CPI will be at 2.5% by July 2024, which is still above the 2% target, so you would need to have a few months with 0.1% core CPI month over month to get to 2%. That's what the soft-landing scenario is expecting.The problem with the soft-landing scenario is that the Fed's own Inflation Nowcast expects that core CPI will rise by 0.4% in July. Obviously, the conditions for core inflation to return to 2% over time are not there yet. Thus, despite the soft June CPI report, I believe the Fed has to continue hiking.Cleveland FedBut what are the necessary conditions for inflation to return to 2% over time?The price is a function of supply and demand, it's a very simple economic concept. So, generally, there has to be a supply/demand balance economy wide. Specifically, there has to be an ample supply of 1) labor and 2) input materials, for production to meet the underlying demand.The US currently has a major labor shortage with full employment (unemployment rate at 3.6%) and nearly 10M job openings. Obviously, the supply of labor is limited, which is causing wage price inflation, and translating into a service price inflation.The Fed simply cannot stop hiking as long as there is a labor shortage, because the risk is that core inflation would continue rising over time.So, what's causing the labor shortage? On the supply side, one of the main issues is demographics - the large segment of population (baby boomers) is exiting the labor force and retiring. Second, due to the unfolding trend of deglobalization, the US has stricter immigration policy which is slowing the labor force growth. On the demand side, and also due to deglobalization, the US is reshoring some jobs back home from China. The Fed cannot control the trends in demographics and deglobalization issues, and these structural longer-term trends. Thus, the labor market conditions will be out of balance for the foreseeable future.The unfolding trend of deglobalization is also creating the risk for commodity price spikes, and the shortage of key input materials. These risks are even more extreme due to the fact that deglobalization is associated with geopolitical tensions, which increase the risk of cold wars, proxy wars, and direct military confrontations between the main global powers.For example, Russia exited the Black Sea Grain Initiative agreement, which pushed the price of wheat limit up in the futures market last week. Saudi Arabia is cutting the oil supplies to boost the price of oil. China imposed export controls on two strategic raw materials that are critical to the global chipmaking industry. These events are part of the broader trend which is likely to persist in the foreseeable future.Obviously, these are not conditions where inflation is expected to fall to 2% over time. In fact, it's reasonable to conclude that we are currently still in a high inflationary environment.What should the Fed do?The Fed only directly controls the demand side of the equation, and the supply side problems can only be countered with declining demand to restore price stability. That means a recession.Specifically, that means that the Fed needs to keep tightening monetary policy until the unemployment rate increases. The Fed has set the target of 4.1% unemployment rate for 2023 and 4.5% for 2024.The Fed helped invert the yield curve, which is expected to cause credit tightness, which is expected to cause less investment, and thus, higher unemployment. So, now we are in the process of waiting for the lagged effects of this monetary policy transmission to the real economy. We are waiting for the clear signs of a recession.The Fed decided to skip hiking interest rates in June to evaluate these lagged effects, and apparently decided to continue increasing interest rates at a much slower pace. Thus, the Fed is set to increase interest rates at the July meeting, and indicated that an additional 25bpt hike might be required in fall.The lagged effects are already evident as the Redbook weekly retail sales are turning negative year over year, as well as industrial production. The labor market is showing some cracks with the (volatile) trend of higher weekly claims, but this is still insufficient.The Fed is actually a very powerful institution with a broad geopolitical reach. The only way to really ensure a stable inflation rate over time is to directly address the underlying trends, particularly with the respect to deglobalization.Specifically, I think the Fed should continue hiking well past 6% to induce a deep recession in the US, which would 1) crash oil price and weaken the oil revenue dependent Russia and other adversaries, 2) seriously weaken the export dependent Chinese economy.Thus, by overtightening, the Fed would directly address the demand side of the equation via a higher unemployment rate, and indirectly affect the supply side by inducing economic barriers to deglobalization.This is exactly what the Fed did in 1970s and especially in the early 1980s, when it hiked well above the core PCE inflation. Here is the chart, it's obvious that the current level of Federal Funds rate (red line) is not high enough in my opinion:FREDNow considering the Taylor Rule for determining the appropriate level for Federal Funds rate, the different scenarios suggest that the Federal Funds rate should be somewhere between 6.5% and 7.5%.Atlanta FedWhat will the Fed do?The Fed is still behind based on the Taylor rule. We are in a high-inflationary environment characterized by a demographic time-bomb, de-globalization, a real war, a brewing war. These are the facts.But the Fed is currently a conflicted institution in my view, where the major hawk Bullard actually quit the FOMC and the Fed, and is apparently being replaced by a dove.The Fed has decided to take it slowly and to be data dependent, hoping that something will change over time. The Fed might be afraid of overtightening, but I think that's exactly what the Fed should do - overtighten. The Fed needs to create the conditions for inflation to return to 2% over time, no other way around it.Alternatively, and this is becoming a baseline scenario on Wall Street, the Fed has to abandon the 2% target.ImplicationsThe stock market (SP500) has been rising since October 2022 in expectation of the Fed pivot - pause and a cut. These expectations are based on the recent memory of the 2000-2020 period, during which the US was in a low inflation environment. Actually, it was more of a disinflationary or even deflationary environment caused by globalization - abundant global labor force, cheap imports, etc.But things have changed, we are in a high-inflationary environment now - just look at the headlines. The Fed has the mandate of 2% inflation over time, and that means the Fed will have no choice but to overtighten.A soft-landing is a hope, and the market can run on a hope for some time. But, I believe the reality will set in. In fact, even the current earnings season for Q2 2023 has seen contracting margins, declining sales, and the third quarter of lower earnings.The earnings projections are that earnings will start growing in Q4 2023, and over the entire 2024. That's based on a soft-landing scenario, so based on hope in my opinion. The trend of lower sales, lower margins, and lower earning is likely to continue in the foreseeable future, as the lagged effects of the recent monetary policy tightening intensify, while inflation continues to be elevated, forcing the Fed to continue to tighten the monetary policy likely past 6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322810818183352,"gmtCreate":1719841478288,"gmtModify":1719841481902,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v> JP's target for SEA at $78, DBS at $75, now the price is below $70😎","listText":"<a href=\"https://ttm.financial/S/SE\">$(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v> JP's target for SEA at $78, DBS at $75, now the price is below $70😎","text":"$(SE)$ JP's target for SEA at $78, DBS at $75, now the price is below $70😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322810818183352","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":228490500448296,"gmtCreate":1696811657665,"gmtModify":1696816304542,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest&nbsp;middle-east war that could last as long as Russia/Ukraine war. &nbsp;Be prepared for FED raising interest to 6% and above. &nbsp;Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","listText":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest&nbsp;middle-east war that could last as long as Russia/Ukraine war. &nbsp;Be prepared for FED raising interest to 6% and above. &nbsp;Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","text":"Almost a sure-thing inflation would rebound, with oil price raising further due to production cuts, winter seasons, and the latest middle-east war that could last as long as Russia/Ukraine war. Be prepared for FED raising interest to 6% and above. Corporate bankrupts will follow and worst, a banking crisis. To some, its an opportunity, to others?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228490500448296","repostId":"2374551229","repostType":2,"repost":{"id":"2374551229","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":1696806999,"share":"https://ttm.financial/m/news/2374551229?lang=&edition=fundamental","pubTime":"2023-10-09 07:16","market":"us","language":"en","title":"Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2374551229","media":"Dow Jones","summary":"September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.Other companies publishing results this week include  PepsiCo on Tuesday, then  Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.On Thursday, all eyes will be on the Bureau of Labor Statistics' consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.The BLS releases the consumer price index for September. Economists ","content":"<html><head></head><body><p>September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.</p><p>The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.</p><p>Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino&#39;s Pizza, Fastenal, and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> on Thursday.</p><p>On Thursday, all eyes will be on the Bureau of Labor Statistics&#39; consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.</p><p>The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank&#39;s mid-September policy meeting after their release on Wednesday.</p><p>Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.</p><p>Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.</p><p>Monday, 10/9</p><p>Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.</p><p>Tuesday 10/10</p><p>PepsiCo reports third-quarter fiscal-2023 results.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> and HP Inc. hold investor meetings.</p><p>The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.</p><p>Wednesday 10/11</p><p>The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.</p><p>The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.</p><p>Thursday 10/12</p><p>Delta Air Lines, Domino&#39;s Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.</p><p>Hormel Foods hosts its 2023 investor day.</p><p>The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.</p><p>Friday 10/13</p><p>BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.</p><p>The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers&#39; expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c73008c7e2a01637719a7fcf07c28888\" 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>Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week</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\">\nMiddle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week\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\">2023-10-09 07:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.</p><p>The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.</p><p>Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino&#39;s Pizza, Fastenal, and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> on Thursday.</p><p>On Thursday, all eyes will be on the Bureau of Labor Statistics&#39; consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.</p><p>The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank&#39;s mid-September policy meeting after their release on Wednesday.</p><p>Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.</p><p>Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.</p><p>Monday, 10/9</p><p>Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.</p><p>Tuesday 10/10</p><p>PepsiCo reports third-quarter fiscal-2023 results.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> and HP Inc. hold investor meetings.</p><p>The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.</p><p>Wednesday 10/11</p><p>The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.</p><p>The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.</p><p>Thursday 10/12</p><p>Delta Air Lines, Domino&#39;s Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.</p><p>Hormel Foods hosts its 2023 investor day.</p><p>The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.</p><p>Friday 10/13</p><p>BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.</p><p>The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers&#39; expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c73008c7e2a01637719a7fcf07c28888\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","UNH":"联合健康","PEP":"百事可乐","FAST":"快扣","ADBE":"Adobe"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2374551229","content_text":"September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.On Thursday, all eyes will be on the Bureau of Labor Statistics' consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.The BLS will also report the producer price index on Wednesday. The headline PPI is expected to be up 1.6% year over year and the core PPI is seen rising 2.3%. Federal Reserve watchers will closely parse the minutes from the central bank's mid-September policy meeting after their release on Wednesday.Other economic data out this week will include a pair of sentiment indicators. On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for September, then on Friday, the University of Michigan will publish its Consumer Sentiment index for October.Meanwhile, the Middle East Violence is under way, the lastest news is that Israeli troops engaged in fierce fighting throughout Sunday to regain control of swaths of the country’s south after Hamas militants flooded in from Gaza, with the military struggling to reseal the border to further incursions.Monday, 10/9Bond markets are closed for the Columbus Day holiday. The Nasdaq and New York Stock Exchange have regular trading hours.Tuesday 10/10PepsiCo reports third-quarter fiscal-2023 results.Adobe and HP Inc. hold investor meetings.The National Federation of Independent Business releases its Small Business Optimism Index for September. Expectations are for a 91.4 reading, roughly even with the August figure.Wednesday 10/11The Federal Open Market Committee releases the minutes from its mid-September monetary-policy meeting.The Bureau of Labor Statistics releases the producer price index for September. The consensus estimate is for the PPI to increase 1.6% year over year, unchanged from August. The core PPI, which excludes volatile food and energy prices, is expected to rise 2.3%, one-tenth of a percentage point more than previously.Thursday 10/12Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance hold conference calls to discuss quarterly results.Hormel Foods hosts its 2023 investor day.The BLS releases the consumer price index for September. Economists forecast that the CPI will increase 3.6% from a year earlier, while the core CPI is seen rising 4.1%. This compares with gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.Friday 10/13BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services Group, UnitedHealth Group, and Wells Fargo announce earnings.The University of Michigan releases its Consumer Sentiment Survey for October. The consensus call is for a 67 reading, about one point less than in September. Consumers' expectations for the year-ahead inflation was 3.2% in September, the lowest level since March of 2021, showing that inflation expectations remain well anchored.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188159227920648,"gmtCreate":1686963044422,"gmtModify":1686967063833,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","listText":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","text":"The bigger the firm like Morgan, the less we should believe them, make your own judgement.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188159227920648","repostId":"1182870538","repostType":2,"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369752611385448,"gmtCreate":1731309391220,"gmtModify":1731309393037,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Paramount Global(PARA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369752611385448","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357565901574328,"gmtCreate":1728305837067,"gmtModify":1728305839169,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Paramount Global(PARA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357565901574328","isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351444792426768,"gmtCreate":1726844750587,"gmtModify":1726844752533,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$DiDi Global Inc.(DIDIY)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351444792426768","isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333912782880856,"gmtCreate":1722554972625,"gmtModify":1722825739236,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333912782880856","isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323332759642200,"gmtCreate":1719968896869,"gmtModify":1719970439503,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Pays Elon Musk $56b, what for? &nbsp;Pay me $1b and I will recruit the entire team of BYD with a&nbsp;$55b budget. &nbsp;Vote for me, boys!","listText":"Pays Elon Musk $56b, what for? &nbsp;Pay me $1b and I will recruit the entire team of BYD with a&nbsp;$55b budget. &nbsp;Vote for me, boys!","text":"Pays Elon Musk $56b, what for? Pay me $1b and I will recruit the entire team of BYD with a $55b budget. Vote for me, boys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323332759642200","repostId":"2448113407","repostType":2,"repost":{"id":"2448113407","pubTimestamp":1719954407,"share":"https://ttm.financial/m/news/2448113407?lang=&edition=fundamental","pubTime":"2024-07-03 05:06","market":"us","language":"en","title":"Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky","url":"https://stock-news.laohu8.com/highlight/detail?id=2448113407","media":"Fortune","summary":"CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.Alongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes , according to a Securities and Exchange Commission filing published on Monday.While the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.Gerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you","content":"<html><body><p>CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.</p>\n<p>Alongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes (versus 339.3 million in favor), according to a Securities and Exchange Commission filing published on Monday. </p>\n<p>Like many bigwigs, Benioff’s real worth comes from his stock options. His base salary stayed at $1.55 million, but he raked in $39.6 million in the 2024 fiscal year. The prior year, Benioff made $29.9 million, and his worth ballooned as Salesforce offered him yet more stock grants, including a $20 million equity opportunity in the plan shareholders just rejected, according to a Salesforce proxy statement.</p>\n<p>While the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.</p>\n<p>Salesforce did not immediately respond to <em>Fortune’</em>s request for comment.</p>\n<p>Both executives and shareholders have made out quite nicely in the shadow of the pandemic. Shareholder payouts and CEO pay have “risen to record levels,” according to nonprofit Oxfam's report analyzing more than 200 of the largest U.S. corporations. CEO pay has jumped by 31% from 2018 to 2022, per said study.</p>\n<p>“The rules are being rigged, and the companies are helping to rig them,” Irit Tamir, senior director of Oxfam America’s private sector department, told <em>Fortune</em> in March, adding that “we are essentially in a new Gilded Age.” </p>\n<p>Look no further than Elon Musk’s recent victory to see how the game is played. Earlier this year, a judge in Delaware ruled that Musk’s proposed pay package for Tesla, worth a record $55 billion, wasn't justified and called it an “unfathomable sum.”</p>\n<p>“The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen McCormick wrote, adding that the CEO “had extensive ties with the persons tasked with negotiating on Tesla’s behalf.”</p>\n<p>Even so, the board pushed back against this decision and asked shareholders again to vote on the package. They overwhelmingly sided with Musk, granting back a pay plan now valued at $44.9 billion, per the Associated Press. That’s even though Musk has been criticized for splitting his attention among too many projects, even being called an “absent CEO” by Gerber Kawasaki CEO Ross Gerber. </p>\n<p>Gerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you’ve just got to say, this board needs to be replaced.” </p>\n<p>Even so, Musk’s absence appears to be worth billions in the pandemic era of the CEO. The same can’t be said for Benioff as of yet—but that could change.</p>\n<p>This story was originally featured on Fortune.com</p></body></html>","source":"yahoofinance","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>Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky</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\">\nElon Musk got his mega-pay package, but Marc Benioff might not be so lucky\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-03 05:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so ...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/DoORLX6b62wnIWs332q3.g--~B/aD0xMzY1O3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/124b2543753c3d64c7a75136b098dd2e","relate_stocks":{"LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0557290698.USD":"施罗德环球可持续增长基金","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","BK4579":"人工智能","LU0056508442.USD":"贝莱德世界科技基金A2","BK4550":"红杉资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4551":"寇图资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0109392836.USD":"富兰克林科技股A","BK4561":"索罗斯持仓","CRM":"赛富时","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4099":"汽车制造商","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4528":"SaaS概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TSLA":"特斯拉","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/elon-musk-got-mega-pay-210647136.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2448113407","content_text":"CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.\nAlongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes (versus 339.3 million in favor), according to a Securities and Exchange Commission filing published on Monday. \nLike many bigwigs, Benioff’s real worth comes from his stock options. His base salary stayed at $1.55 million, but he raked in $39.6 million in the 2024 fiscal year. The prior year, Benioff made $29.9 million, and his worth ballooned as Salesforce offered him yet more stock grants, including a $20 million equity opportunity in the plan shareholders just rejected, according to a Salesforce proxy statement.\nWhile the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.\nSalesforce did not immediately respond to Fortune’s request for comment.\nBoth executives and shareholders have made out quite nicely in the shadow of the pandemic. Shareholder payouts and CEO pay have “risen to record levels,” according to nonprofit Oxfam's report analyzing more than 200 of the largest U.S. corporations. CEO pay has jumped by 31% from 2018 to 2022, per said study.\n“The rules are being rigged, and the companies are helping to rig them,” Irit Tamir, senior director of Oxfam America’s private sector department, told Fortune in March, adding that “we are essentially in a new Gilded Age.” \nLook no further than Elon Musk’s recent victory to see how the game is played. Earlier this year, a judge in Delaware ruled that Musk’s proposed pay package for Tesla, worth a record $55 billion, wasn't justified and called it an “unfathomable sum.”\n“The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen McCormick wrote, adding that the CEO “had extensive ties with the persons tasked with negotiating on Tesla’s behalf.”\nEven so, the board pushed back against this decision and asked shareholders again to vote on the package. They overwhelmingly sided with Musk, granting back a pay plan now valued at $44.9 billion, per the Associated Press. That’s even though Musk has been criticized for splitting his attention among too many projects, even being called an “absent CEO” by Gerber Kawasaki CEO Ross Gerber. \nGerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you’ve just got to say, this board needs to be replaced.” \nEven so, Musk’s absence appears to be worth billions in the pandemic era of the CEO. The same can’t be said for Benioff as of yet—but that could change.\nThis story was originally featured on Fortune.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322610210877448,"gmtCreate":1719792490375,"gmtModify":1719792493823,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"Pay Elon Mask 56b to copy BYD, that day is coming.","listText":"Pay Elon Mask 56b to copy BYD, that day is coming.","text":"Pay Elon Mask 56b to copy BYD, that day is coming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322610210877448","repostId":"2446595776","repostType":2,"repost":{"id":"2446595776","pubTimestamp":1719524291,"share":"https://ttm.financial/m/news/2446595776?lang=&edition=fundamental","pubTime":"2024-06-28 05:38","market":"nz","language":"en","title":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package","url":"https://stock-news.laohu8.com/highlight/detail?id=2446595776","media":"MT Newswires Live","summary":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wan","content":"<html><body><p>Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package</p><p> Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ratified it, Reuters reported, citing court documents filed Thursday.</p><p>Tesla shareholders voted June 13 to reinstate Musk's $56 billion pay package. The vote came after a January 30 ruling by Delaware Court of Chancery Judge Kathaleen McCormick. McCormick sided with a shareholder suit challenging the stock-based compensation on the basis that Tesla board was too closely aligned with Musk to fairly decide on the pay.</p><p>McCormick still needs to issue a final order and Thursday's court filing is asking that a \"judgment is entered for the defendants,\" Reuters said. Oral arguments before McCormick are likely in late July or early August, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 197.20, Change: -0.22, Percent Change: -0.11</p></body></html>","source":"mtnewswires_live","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 Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nMarket Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-28 05:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4511":"特斯拉概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4548":"巴美列捷福持仓","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLA":"特斯拉","LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4592":"伊斯兰概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4585":"ETF&股票定投概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4555":"新能源车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2063271972.USD":"富兰克林创新领域基金","BK4527":"明星科技股","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4550":"红杉资本持仓","BK4588":"碎股","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4551":"寇图资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4581":"高盛持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4099":"汽车制造商"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2446595776","content_text":"Market Chatter: Tesla Asks Delaware Judge to Rule in Favor of Elon Musk Pay Package Tesla (TSLA) wants a Delaware judge to rule in favor of Elon Musk's lucrative pay package after shareholders ratified it, Reuters reported, citing court documents filed Thursday.Tesla shareholders voted June 13 to reinstate Musk's $56 billion pay package. The vote came after a January 30 ruling by Delaware Court of Chancery Judge Kathaleen McCormick. McCormick sided with a shareholder suit challenging the stock-based compensation on the basis that Tesla board was too closely aligned with Musk to fairly decide on the pay.McCormick still needs to issue a final order and Thursday's court filing is asking that a \"judgment is entered for the defendants,\" Reuters said. Oral arguments before McCormick are likely in late July or early August, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 197.20, Change: -0.22, Percent Change: -0.11","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301954372767768,"gmtCreate":1714738748207,"gmtModify":1714738751092,"author":{"id":"4116194624864142","authorId":"4116194624864142","name":"Win8333","avatar":"https://community-static.tradeup.com/news/5ad24be330a750ad5714078337b91645","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116194624864142","authorIdStr":"4116194624864142"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Grab Holdings(GRAB)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301954372767768","isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}