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Qvn
2023-04-01
So bullshit
SPY: The Recession Expected To Start Next Week
Qvn
2023-03-15
Oh no
Pre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%
Qvn
02-15
Is it good or not?
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Qvn
2023-08-15
Hahaha
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Qvn
2023-11-30
Haha, how much does vinfast pay for tiger trade?
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Qvn
2023-03-27
Good news
Pre-Bell|Dow Futures Gain over 200 Points; First Republic Bank Surges 25%
Qvn
02-29
Green
Qvn
2023-12-04
Borrow more, die sooner
US DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast
Qvn
2023-11-22
??????? Hâh
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Qvn
2023-04-09
$C3.ai, Inc.(AI)$
future
Go to Tiger App to see more news
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Weekly Jobless Claims Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=1101595854","media":"Reuters","summary":"US Retail Sales MoM Actual -0.8% (Forecast -0.2%, Previous 0.6%)","content":"<html><head></head><body><p>WASHINGTON, Feb 15 (Reuters) - U.S. retail sales fell more than expected in January, pulled down by declines in receipts at auto dealerships and gasoline service stations.</p><p>Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms. 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"The individual seasonally adjusted changes for these months likely should be discounted when trying to determine the trend for the data."</p><p>Though momentum is likely to slow this year, consumer spending remains healthy, thanks to a resilient labor market and rising household purchasing power as inflation subsides.</p><p>A separate report from the Labor Department on Thursday showed initial claims for state unemployment benefits fell 8,000 to a seasonally adjusted 212,000 for the week ended Feb. 10.</p><p>Claims are bouncing around low levels despite a recent rush of high-profile layoffs, mostly in the technology and media sectors. Economists had forecast 220,000 claims for the latest week. With the labor market still tight, some of the laid off workers could be landing new jobs easily.</p><p>Companies are mostly reluctant to layoff workers after struggling to fill jobs during and after the COVID-19 pandemic.</p><p>Retail sales excluding automobiles, gasoline, building materials and food services decreased 0.4% in January. The so-called core retail sales measure corresponds most closely with the consumer spending component of GDP.</p><p>Core sales for December were revised down to show them rising 0.6% instead of the previously reported 0.8%. Economists are forecasting strong services spending growth in January, which should keep overall consumer spending afloat.</p><p>Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased at a brisk clip in the fourth quarter, contributing to the economy's 3.3% annualized growth pace. The economy expanded at a 4.9% rate in the July-September quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Retail Sales Fall Sharply in January; Weekly Jobless Claims Decline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Retail Sales Fall Sharply in January; Weekly Jobless Claims Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-15 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Feb 15 (Reuters) - U.S. retail sales fell more than expected in January, pulled down by declines in receipts at auto dealerships and gasoline service stations.</p><p>Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms. Data for December was revised lower to show sales rising 0.4% instead of 0.6% as previously reported.</p><p>Economists polled by Reuters had forecast retail sales dipping 0.1%. Retail sales are mostly goods and are not adjusted for inflation. The fall followed a fairly strong performance over the holiday season. December sales are also partially flattered by generous seasonal factors, the model the government uses to strip out seasonal fluctuations from the data.</p><p>Unadjusted retail sales typically fall in January. The seasonal factors were less supportive for this January compared to previous years, resulting in the large drop in adjusted sales last month. Economists had cautioned before the release of the data not to read too much into any sharp drop.</p><p>"It is hard to know exactly what the 'right' seasonal factor is for a given month but the seasonal factors associated with December 2023 and January 2024 look unusual relative to the ones associated with these months in earlier years," said Daniel Silver, an economist at JP Morgan in New York. "The individual seasonally adjusted changes for these months likely should be discounted when trying to determine the trend for the data."</p><p>Though momentum is likely to slow this year, consumer spending remains healthy, thanks to a resilient labor market and rising household purchasing power as inflation subsides.</p><p>A separate report from the Labor Department on Thursday showed initial claims for state unemployment benefits fell 8,000 to a seasonally adjusted 212,000 for the week ended Feb. 10.</p><p>Claims are bouncing around low levels despite a recent rush of high-profile layoffs, mostly in the technology and media sectors. Economists had forecast 220,000 claims for the latest week. With the labor market still tight, some of the laid off workers could be landing new jobs easily.</p><p>Companies are mostly reluctant to layoff workers after struggling to fill jobs during and after the COVID-19 pandemic.</p><p>Retail sales excluding automobiles, gasoline, building materials and food services decreased 0.4% in January. The so-called core retail sales measure corresponds most closely with the consumer spending component of GDP.</p><p>Core sales for December were revised down to show them rising 0.6% instead of the previously reported 0.8%. Economists are forecasting strong services spending growth in January, which should keep overall consumer spending afloat.</p><p>Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased at a brisk clip in the fourth quarter, contributing to the economy's 3.3% annualized growth pace. The economy expanded at a 4.9% rate in the July-September quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-15/us-retail-sales-drop-by-most-in-nearly-a-year-after-holidays","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101595854","content_text":"WASHINGTON, Feb 15 (Reuters) - U.S. retail sales fell more than expected in January, pulled down by declines in receipts at auto dealerships and gasoline service stations.Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms. Data for December was revised lower to show sales rising 0.4% instead of 0.6% as previously reported.Economists polled by Reuters had forecast retail sales dipping 0.1%. Retail sales are mostly goods and are not adjusted for inflation. The fall followed a fairly strong performance over the holiday season. December sales are also partially flattered by generous seasonal factors, the model the government uses to strip out seasonal fluctuations from the data.Unadjusted retail sales typically fall in January. The seasonal factors were less supportive for this January compared to previous years, resulting in the large drop in adjusted sales last month. Economists had cautioned before the release of the data not to read too much into any sharp drop.\"It is hard to know exactly what the 'right' seasonal factor is for a given month but the seasonal factors associated with December 2023 and January 2024 look unusual relative to the ones associated with these months in earlier years,\" said Daniel Silver, an economist at JP Morgan in New York. \"The individual seasonally adjusted changes for these months likely should be discounted when trying to determine the trend for the data.\"Though momentum is likely to slow this year, consumer spending remains healthy, thanks to a resilient labor market and rising household purchasing power as inflation subsides.A separate report from the Labor Department on Thursday showed initial claims for state unemployment benefits fell 8,000 to a seasonally adjusted 212,000 for the week ended Feb. 10.Claims are bouncing around low levels despite a recent rush of high-profile layoffs, mostly in the technology and media sectors. Economists had forecast 220,000 claims for the latest week. With the labor market still tight, some of the laid off workers could be landing new jobs easily.Companies are mostly reluctant to layoff workers after struggling to fill jobs during and after the COVID-19 pandemic.Retail sales excluding automobiles, gasoline, building materials and food services decreased 0.4% in January. The so-called core retail sales measure corresponds most closely with the consumer spending component of GDP.Core sales for December were revised down to show them rising 0.6% instead of the previously reported 0.8%. Economists are forecasting strong services spending growth in January, which should keep overall consumer spending afloat.Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased at a brisk clip in the fourth quarter, contributing to the economy's 3.3% annualized growth pace. The economy expanded at a 4.9% rate in the July-September quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":248437704683616,"gmtCreate":1701691657805,"gmtModify":1701695013788,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"Borrow more, die sooner","listText":"Borrow more, die sooner","text":"Borrow more, die sooner","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248437704683616","repostId":"1173325317","repostType":2,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":247069323837664,"gmtCreate":1701345039965,"gmtModify":1701345044804,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"Haha, how much does vinfast pay for tiger trade?","listText":"Haha, how much does vinfast pay for tiger trade?","text":"Haha, how much does vinfast pay for tiger trade?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247069323837664","repostId":"2386165708","repostType":2,"repost":{"id":"2386165708","pubTimestamp":1701355649,"share":"https://ttm.financial/m/news/2386165708?lang=&edition=fundamental","pubTime":"2023-11-30 22:47","market":"us","language":"en","title":"VinFast Rallies 14% Ahead of COP28 Appearance to Showcase Its New VF 9 Model","url":"https://stock-news.laohu8.com/highlight/detail?id=2386165708","media":"Seeking Alpha","summary":"VinFast Stock jumps 3% premarket after a 8% rally on Wednesday.Five-star-rated Wedbush analyst Daniel Ives endorsed a contrarian take, giving the stock a Buy rating with a $12 price target . Given Ives’ reputation and direct hands-on analysis, speculators may at least want to consider his argument before deciding.","content":"<html><head></head><body><p>VinFast Auto shares rose 14% in morning trading on Thursday after the Vietnamese electric vehicle maker said it would showcase its latest VF 9 model at the annual United Nations summit on climate change.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d97da52c71c4802f3399272e7f8f7d9\" tg-width=\"780\" tg-height=\"625\"/></p><p style=\"text-align: left;\">In addition to displaying the electric vehicle model, VinFast (VFS) representatives will speak at COP28. The summit is expected to include heads of state and world leaders, to build consensus and facilitate progress on climate action among parties, delegates and thousands of non-government organizations, companies, youth groups, and other stakeholders. The Vietnamese delegation will be led by Prime Minister Pham Minh Chinh, and include representatives of government agencies, organizations and leading Vietnamese corporates.</p><p style=\"text-align: left;\">Madame Le Thi Thu Thuy, Vingroup Vice Chairwoman and Global CEO of VinFast, will join global leaders in a panel discussion "Strengthening Sustainable Supply Chain Resilience." The platform is seen as an opportunity for VinFast (VFS) to discuss green mobility solutions and sustainable development strategies to support a more sustainable future for generations to come.</p><p style=\"text-align: left;\">On display at COP28, the VF 9 is described as a full-size, all-electric luxury SUV with up to 402 horsepower, and a competitive EPA range of 330 miles, and overall dimensions (LxWxH) of 5,118 x 2,254 x 1,696 (mm). Its wheelbase of up to 3,150 mm and refined structure is noted to allow ample interior space, optimal for full-sized 7-seater or 6-seater configurations.</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>VinFast Rallies 14% Ahead of COP28 Appearance to Showcase Its New VF 9 Model</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\">\nVinFast Rallies 14% Ahead of COP28 Appearance to Showcase Its New VF 9 Model\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-30 22:47 GMT+8 <a href=https://seekingalpha.com/news/4041726-vinfast-rallies-ahead-of-cop28-appearance-to-showcase-its-new-vf-9-model><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>VinFast Auto shares rose 14% in morning trading on Thursday after the Vietnamese electric vehicle maker said it would showcase its latest VF 9 model at the annual United Nations summit on climate ...</p>\n\n<a href=\"https://seekingalpha.com/news/4041726-vinfast-rallies-ahead-of-cop28-appearance-to-showcase-its-new-vf-9-model\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto"},"source_url":"https://seekingalpha.com/news/4041726-vinfast-rallies-ahead-of-cop28-appearance-to-showcase-its-new-vf-9-model","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2386165708","content_text":"VinFast Auto shares rose 14% in morning trading on Thursday after the Vietnamese electric vehicle maker said it would showcase its latest VF 9 model at the annual United Nations summit on climate change.In addition to displaying the electric vehicle model, VinFast (VFS) representatives will speak at COP28. The summit is expected to include heads of state and world leaders, to build consensus and facilitate progress on climate action among parties, delegates and thousands of non-government organizations, companies, youth groups, and other stakeholders. The Vietnamese delegation will be led by Prime Minister Pham Minh Chinh, and include representatives of government agencies, organizations and leading Vietnamese corporates.Madame Le Thi Thu Thuy, Vingroup Vice Chairwoman and Global CEO of VinFast, will join global leaders in a panel discussion \"Strengthening Sustainable Supply Chain Resilience.\" The platform is seen as an opportunity for VinFast (VFS) to discuss green mobility solutions and sustainable development strategies to support a more sustainable future for generations to come.On display at COP28, the VF 9 is described as a full-size, all-electric luxury SUV with up to 402 horsepower, and a competitive EPA range of 330 miles, and overall dimensions (LxWxH) of 5,118 x 2,254 x 1,696 (mm). Its wheelbase of up to 3,150 mm and refined structure is noted to allow ample interior space, optimal for full-sized 7-seater or 6-seater configurations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244131162521760,"gmtCreate":1700626385013,"gmtModify":1700626389348,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"??????? Hâh","listText":"??????? Hâh","text":"??????? Hâh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244131162521760","repostId":"2385034185","repostType":2,"repost":{"id":"2385034185","pubTimestamp":1700625431,"share":"https://ttm.financial/m/news/2385034185?lang=&edition=fundamental","pubTime":"2023-11-22 11:57","market":"us","language":"en","title":"Why Dis VinFast Auto Stock Race 12% Higher on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2385034185","media":"Motley Fool","summary":"The ambitious carmaker gets a major thumbs-up from a pundit.","content":"<html><head></head><body><h2 id=\"id_3179413492\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>An analyst launched coverage of the Asian electric vehicle maker.</p></li><li><p>He did so with a solid buy recommendation.</p></li></ul><p><strong><a href=\"https://laohu8.com/S/VFS\">VinFast Auto</a></strong>, one of the more volatile stocks in the volatile electric vehicle (EV) sector, was well in positive territory as Tuesday's trading session came to a close. The Vietnam-based company's share price increased by just under 12% on the day. The stock's upward move contrasted with the <strong>S&P 500</strong> index's 0.2% dip.</p><h2 id=\"id_2092040678\">VinFast initiated as a buy at Wedbush Securities</h2><p>Wedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock's level at the start of the trading day.</p><p>The move came after a visit by Ives and his team to the EV maker's operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. That should expand to a total of 950,000 vehicles as soon as 2026.</p><p>Ives added that VinFast's strong balance sheet, its cash equivalents, and an up to $1 billion standby equity agreement with financing company Yorkville Advisors give it a solid financial foundation.</p><h2 id=\"id_999419518\">The Vietnamese company is an up-and-comer to watch</h2><p>We should never blindly invest purely on the basis of an analyst take. Yet Ives' evaluation of VinFast is striking, and he makes several valid and relevant points about the company's operations. This is a very determined business with plenty of muscle, and as such it'll surely be one to watch as the prominence of EVs continues to grow.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Dis VinFast Auto Stock Race 12% Higher on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Dis VinFast Auto Stock Race 12% Higher on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 11:57 GMT+8 <a href=https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAn analyst launched coverage of the Asian electric vehicle maker.He did so with a solid buy recommendation.VinFast Auto, one of the more volatile stocks in the volatile electric vehicle (EV)...</p>\n\n<a href=\"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","VFS":"VinFast Auto"},"source_url":"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385034185","content_text":"KEY POINTSAn analyst launched coverage of the Asian electric vehicle maker.He did so with a solid buy recommendation.VinFast Auto, one of the more volatile stocks in the volatile electric vehicle (EV) sector, was well in positive territory as Tuesday's trading session came to a close. The Vietnam-based company's share price increased by just under 12% on the day. The stock's upward move contrasted with the S&P 500 index's 0.2% dip.VinFast initiated as a buy at Wedbush SecuritiesWedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock's level at the start of the trading day.The move came after a visit by Ives and his team to the EV maker's operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. That should expand to a total of 950,000 vehicles as soon as 2026.Ives added that VinFast's strong balance sheet, its cash equivalents, and an up to $1 billion standby equity agreement with financing company Yorkville Advisors give it a solid financial foundation.The Vietnamese company is an up-and-comer to watchWe should never blindly invest purely on the basis of an analyst take. Yet Ives' evaluation of VinFast is striking, and he makes several valid and relevant points about the company's operations. This is a very determined business with plenty of muscle, and as such it'll surely be one to watch as the prominence of EVs continues to grow.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209172830191840,"gmtCreate":1692091439934,"gmtModify":1692091444477,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"Hahaha","listText":"Hahaha","text":"Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209172830191840","repostId":"1190790954","repostType":2,"repost":{"id":"1190790954","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1692091397,"share":"https://ttm.financial/m/news/1190790954?lang=&edition=fundamental","pubTime":"2023-08-15 17:23","market":"us","language":"en","title":"EV Maker VinFast Soars 133% After the Completion of SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=1190790954","media":"Tiger Newspress","summary":"VinFast Auto Ltd. (\"VinFast\") and Black Spade Acquisition Co (NYSE: BSAQ) (\"Black Spade\") yesterday announced the completion of their previously announced business combination (the \"Business Combinati","content":"<html><head></head><body><p>VinFast Auto Ltd. ("VinFast") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") yesterday announced the completion of their previously announced business combination (the "Business Combination"). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbols "VFS" and "VFSWW," respectively, on August 15, 2023.</p><p>VinFast Auto shares surged 133% in premarket trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fb1d98b977e90650111391e6568e8ee\" tg-width=\"858\" tg-height=\"620\"/></p><p>The announcement of the completion of the Business Combination comes after Black Spade's shareholders voted to approve the transaction on August 10, 2023. As a result of the Business Combination, Black Spade became a wholly owned subsidiary of VinFast and is expected to be delisted from the NYSE American LLC.</p><p style=\"text-align: start;\"><strong><em>Madame Thuy Le, Global CEO of VinFast Auto Ltd.</em></strong>, said: "Becoming a U.S-listed company marks a significant milestone in VinFast's global expansion. More than just transaction on the stock market, going public reflects a powerful vote of confidence in our vision and potential, as well as fulfills our pledge to make smart, safe and environmentally friendly electric vehicles accessible to everyone. I sincerely appreciate the wonderful collaboration with Black Spade as our respected partners who are joining us in our 'boundless together' journey towards a greener future for us and future generations."</p><p style=\"text-align: start;\"><strong><em>Mr. Dennis Tam, Chairman and Co-CEO, Black Spade Acquisition Co</em></strong>, shared, "We are very pleased to announce the successful completion of the Business Combination with VinFast, an exceptionally fast-growing and scalable company in the electric vehicle ("EV") sector. VinFast has developed an engaging array of smart, safe, and eco-friendly EV models. We are confident that VinFast will maintain its commitment to offering high-quality products accompanied by outstanding after-sales services. A listing on the Nasdaq will enhance VinFast's global outreach by facilitating even wider access to capital. Driven by a shared aspiration to shape a better future through innovation, we anticipate our collaboration with VinFast to bring about a fresh chapter of sustainable mobility."</p><p style=\"text-align: start;\"><strong>About VinFast</strong></p><p style=\"text-align: start;\">VinFast – a member of Vingroup JSC – is Vietnam's leading automotive manufacturer committed to its mission of creating a green future for everyone. VinFast manufactures and exports a portfolio of electric SUVs, e-scooters and e-buses across Vietnam, the United States, and, soon, Europe.</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>EV Maker VinFast Soars 133% After the Completion of SPAC Merger</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\">\nEV Maker VinFast Soars 133% After the Completion of SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-08-15 17:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>VinFast Auto Ltd. ("VinFast") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") yesterday announced the completion of their previously announced business combination (the "Business Combination"). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbols "VFS" and "VFSWW," respectively, on August 15, 2023.</p><p>VinFast Auto shares surged 133% in premarket trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fb1d98b977e90650111391e6568e8ee\" tg-width=\"858\" tg-height=\"620\"/></p><p>The announcement of the completion of the Business Combination comes after Black Spade's shareholders voted to approve the transaction on August 10, 2023. As a result of the Business Combination, Black Spade became a wholly owned subsidiary of VinFast and is expected to be delisted from the NYSE American LLC.</p><p style=\"text-align: start;\"><strong><em>Madame Thuy Le, Global CEO of VinFast Auto Ltd.</em></strong>, said: "Becoming a U.S-listed company marks a significant milestone in VinFast's global expansion. More than just transaction on the stock market, going public reflects a powerful vote of confidence in our vision and potential, as well as fulfills our pledge to make smart, safe and environmentally friendly electric vehicles accessible to everyone. I sincerely appreciate the wonderful collaboration with Black Spade as our respected partners who are joining us in our 'boundless together' journey towards a greener future for us and future generations."</p><p style=\"text-align: start;\"><strong><em>Mr. Dennis Tam, Chairman and Co-CEO, Black Spade Acquisition Co</em></strong>, shared, "We are very pleased to announce the successful completion of the Business Combination with VinFast, an exceptionally fast-growing and scalable company in the electric vehicle ("EV") sector. VinFast has developed an engaging array of smart, safe, and eco-friendly EV models. We are confident that VinFast will maintain its commitment to offering high-quality products accompanied by outstanding after-sales services. A listing on the Nasdaq will enhance VinFast's global outreach by facilitating even wider access to capital. Driven by a shared aspiration to shape a better future through innovation, we anticipate our collaboration with VinFast to bring about a fresh chapter of sustainable mobility."</p><p style=\"text-align: start;\"><strong>About VinFast</strong></p><p style=\"text-align: start;\">VinFast – a member of Vingroup JSC – is Vietnam's leading automotive manufacturer committed to its mission of creating a green future for everyone. VinFast manufactures and exports a portfolio of electric SUVs, e-scooters and e-buses across Vietnam, the United States, and, soon, Europe.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto","VFSWW":"VinFast Auto/WTS 16/07/2026 (TO PUR COM)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190790954","content_text":"VinFast Auto Ltd. (\"VinFast\") and Black Spade Acquisition Co (NYSE: BSAQ) (\"Black Spade\") yesterday announced the completion of their previously announced business combination (the \"Business Combination\"). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC (\"Nasdaq\") under the ticker symbols \"VFS\" and \"VFSWW,\" respectively, on August 15, 2023.VinFast Auto shares surged 133% in premarket trading Tuesday.The announcement of the completion of the Business Combination comes after Black Spade's shareholders voted to approve the transaction on August 10, 2023. As a result of the Business Combination, Black Spade became a wholly owned subsidiary of VinFast and is expected to be delisted from the NYSE American LLC.Madame Thuy Le, Global CEO of VinFast Auto Ltd., said: \"Becoming a U.S-listed company marks a significant milestone in VinFast's global expansion. More than just transaction on the stock market, going public reflects a powerful vote of confidence in our vision and potential, as well as fulfills our pledge to make smart, safe and environmentally friendly electric vehicles accessible to everyone. I sincerely appreciate the wonderful collaboration with Black Spade as our respected partners who are joining us in our 'boundless together' journey towards a greener future for us and future generations.\"Mr. Dennis Tam, Chairman and Co-CEO, Black Spade Acquisition Co, shared, \"We are very pleased to announce the successful completion of the Business Combination with VinFast, an exceptionally fast-growing and scalable company in the electric vehicle (\"EV\") sector. VinFast has developed an engaging array of smart, safe, and eco-friendly EV models. We are confident that VinFast will maintain its commitment to offering high-quality products accompanied by outstanding after-sales services. A listing on the Nasdaq will enhance VinFast's global outreach by facilitating even wider access to capital. Driven by a shared aspiration to shape a better future through innovation, we anticipate our collaboration with VinFast to bring about a fresh chapter of sustainable mobility.\"About VinFastVinFast – a member of Vingroup JSC – is Vietnam's leading automotive manufacturer committed to its mission of creating a green future for everyone. VinFast manufactures and exports a portfolio of electric SUVs, e-scooters and e-buses across Vietnam, the United States, and, soon, Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946444451,"gmtCreate":1681040154473,"gmtModify":1681040159826,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$ </a><v-v data-views=\"1\"></v-v>future","listText":"<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$ </a><v-v data-views=\"1\"></v-v>future","text":"$C3.ai, Inc.(AI)$ future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946444451","isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941244921,"gmtCreate":1680329171064,"gmtModify":1680329601054,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"So bullshit","listText":"So bullshit","text":"So bullshit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941244921","repostId":"2324093903","repostType":2,"repost":{"id":"2324093903","pubTimestamp":1680315097,"share":"https://ttm.financial/m/news/2324093903?lang=&edition=fundamental","pubTime":"2023-04-01 10:11","language":"en","title":"SPY: The Recession Expected To Start Next Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2324093903","media":"Seeking Alpha","summary":"SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued,","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>The US economy is expected to enter the recession in Q2 2023.</p></li><li><p>The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.</p></li><li><p>Thus, there is a considerable downside to SPY.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfea4a052824511fde132a80490e6b7f\" alt=\"ZargonDesign\" title=\"ZargonDesign\" tg-width=\"750\" tg-height=\"600\"/><span>ZargonDesign</span></p><p></p><h2>The Phase 2 recessionary selloff approaching</h2><p>I separate the full bear market into the three phases:</p><ol><li><p>Phase 1 is the Fed-induced Liquidity selloff. During this Phase 1, the Fed tightens the monetary policy, which bursts the asset price bubbles and causes the contraction in PE multiple. The 2022 selloff was the Fed-induced Liquidity selloff, which caused the contraction of S&P 500 PE ratio from 35 to 18, and busted the bubbles in cryptocurrencies, meme stocks, tech, and other speculative bets.</p></li><li><p>Phase 2 is the Recessionary selloff. The Fed's tightening policy usually causes a recession, during which corporate earnings decline, and the PE ratio further contracts. We are about the enter this stage, as I will explain in this article.</p></li><li><p>Phase 3 is the major Credit Crunch caused by the deeper and longer recessions, during which the credit spreads spike, as the overleveraged corporate/consumer/government sectors default on loans, hedge funds collapse due to margin calls, and the counterparty risk freezes the credit markets. Not all recessions end with the credit crunch, and it's too early to predict whether the current cycle will produce the major credit crunch.</p></li></ol><p>This is the chart for the ETF that tracks the S&P 500 (NYSEARCA:SPY). The Liquidity based selloff started with the rise in 2Y yields in January 2O22 due to expectations of monetary policy tightening. There have been two major bear market rallies based on the expectations of the "Fed pivot". The Banking Crisis in March of 2023 is the turning point, which transitions the Liquidity Selloff into the Recessionary selloff - as it acts as the catalyst for recession due to the resulting credit tightness.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66497e4f96b6a95079c3cb61cc76ab69\" alt=\"Barchart\" title=\"Barchart\" tg-width=\"640\" tg-height=\"372\"/><span>Barchart</span></p><p></p><h2>When is the recession coming?</h2><p>People always ask me for the timing: when is the recession coming, and how long will it last? I don't try to predict the actual timing, but I react as the preliminary signals emerge. I also closely monitor the opinions and research of Wall Street analysts, just to make sure my opinion is not as contrarian, even though I do tend to see things before the others. So, this is the sample of what appears to be the consensus on Wall Street at this point:</p><p>The Conference Board sees the recession starting in Q2 of 2023, and last for three quarters, until Q1 2024. Here is the quote and the recent forecast:</p><blockquote>US GDP growth defied expectations in late 2022 and early 2023 data has shown unexpected strength. The US economy, and especially the US consumer, has resisted the duel headwinds of high inflation and rising interest rates. Because of this, we are increasing our Q1 2023 forecast to 1 percent. However, we continue to forecast that the US economy will slip into recession in 2023 and expect GDP growth to contract for three consecutive quarters starting in Q2 2023. These changes to the quarterly forecast result in an upgrade to our annual forecast for 2023 and a downgrade to our annual forecast for 2024.</blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3e3132d37805b3612a43f957708ce6d\" alt=\"The Conference Board\" title=\"The Conference Board\" tg-width=\"640\" tg-height=\"461\"/><span>The Conference Board</span></p><p></p><p>ING agrees, they also see the US recession in Q2 2023 and lasting for three quarters:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c54ab0866222de65803f0f2b3a63bbd\" alt=\"ING 3/31/2023\" title=\"ING 3/31/2023\" tg-width=\"640\" tg-height=\"383\"/><span>ING 3/31/2023</span></p><p></p><p>Blackrock weekly commentary as of March 27th, 2023 not only sees the recession forthcoming, but also sees the Fed keeping the monetary policy tight during the recession:</p><blockquote>Markets have been quick to price in rate cuts as a result of the banking sector turmoil and the Fed signaling a coming pause. We don't see rate cuts this year - that's the old playbook when central banks would rush to rescue the economy as recession hit. Now they're causing the recession to fight sticky inflation - and that makes rate cuts unlikely, in our view. Stocks have held up due to hopes for rates cuts that we don't see coming.</blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8903a77c449ec7cbeaaf59e6482044\" alt=\"Blackrock 3/27/2023\" title=\"Blackrock 3/27/2023\" tg-width=\"640\" tg-height=\"387\"/><span>Blackrock 3/27/2023</span></p><p></p><p>This is a sample, but it represents the Wall Street consensus, the US economy is likely to be in a recession, possibly in Q2 2023 - that's next week. Also, Wall Street seems to agree with the Fed, there will be no rate cuts this year, despite the recession.</p><h2>Implications for S&P 500</h2><p>S&P 500 is exiting the Fed-induced Liquidity selloff with still overvalued forward PE ratio at 18. More importantly, the earnings for S&P 500 have not been revised lower by bottom-up analysts. Thus, not only we can expect the selloff due to the expected downside revisions of corporate earnings, but also the selloff due to further contraction of the PE ratio down to the 15 level. Thus, there is a considerable downside to S&P 500.</p><p>The chart above shows that SPY has been stuck in the range which corresponds to about 3700-4200 on S&P 500 (SP500).</p><p>The October bottom was due to the expected Fed pivot - before the recession arrives, which I considered as a possible scenario, but at this point this is extremely unlikely due to (at this point really) an imminent recession.</p><p>SPY is up around 5.5% YTD in 2023, but the gains are unproportionally driven by the big tech stocks in Communications (XLC), Discretionary (XLY) and Technology (XLK) sectors. This could be due to the specific AI theme, also due to lower interest rates since October, but I think it's mostly a bear-market bounce from the deep selloff in 2022 and driven by short-covering and retail investor inflows.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e898b2ac6791660af1438d1b7d2944ab\" alt=\"SPDRSectorSelect\" title=\"SPDRSectorSelect\" tg-width=\"640\" tg-height=\"693\"/><span>SPDRSectorSelect</span></p><p></p><p>In fact, Goldman Sachs states in the March issue of Market Pulse that the stock market performance this year is driven by short-covering:</p><blockquote>MOMENTUM: This year's rally has been driven by short covering, fueling a liquidity comeback. We anticipate momentum and technical factors to further elevate market volatility. In this environment, we believe managed futures may be able to exploit such opportunities.</blockquote><h2>What's next?</h2><p>The near-term recession will have to be confirmed with the data. Wall Street does not expect a sharp increase in the unemployment rate, but we do have to see some weakness in the weekly initial unemployment claims.</p><p>More importantly, the earnings season will have to support the expected decline in earnings via downgrades in earnings guidance from the cyclical companies, and especially the banks, which have to confirm the expected credit tightness.</p><p>Longer term, all recessions end with the policy support: monetary and fiscal. This time, however, the monetary policy support is limited by sticky inflation, which I expect to remain above the 2% target due to the unfolding trend of de-globalization. Further, the political divide in the US political sphere will make it very difficult to pass any effective policy support - especially before the 2024 election. In my view, this increases the probability of a much deeper and longer recession.</p><p><em>This article is written by Damir Tokic for reference only. Please note the risks.</em></p></body></html>","source":"seekingalpha_fund","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>SPY: The Recession Expected To Start Next 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\">\nSPY: The Recession Expected To Start Next Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 10:11 GMT+8 <a href=https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.Thus, there is a considerable ...</p>\n\n<a href=\"https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324093903","content_text":"SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.Thus, there is a considerable downside to SPY.ZargonDesignThe Phase 2 recessionary selloff approachingI separate the full bear market into the three phases:Phase 1 is the Fed-induced Liquidity selloff. During this Phase 1, the Fed tightens the monetary policy, which bursts the asset price bubbles and causes the contraction in PE multiple. The 2022 selloff was the Fed-induced Liquidity selloff, which caused the contraction of S&P 500 PE ratio from 35 to 18, and busted the bubbles in cryptocurrencies, meme stocks, tech, and other speculative bets.Phase 2 is the Recessionary selloff. The Fed's tightening policy usually causes a recession, during which corporate earnings decline, and the PE ratio further contracts. We are about the enter this stage, as I will explain in this article.Phase 3 is the major Credit Crunch caused by the deeper and longer recessions, during which the credit spreads spike, as the overleveraged corporate/consumer/government sectors default on loans, hedge funds collapse due to margin calls, and the counterparty risk freezes the credit markets. Not all recessions end with the credit crunch, and it's too early to predict whether the current cycle will produce the major credit crunch.This is the chart for the ETF that tracks the S&P 500 (NYSEARCA:SPY). The Liquidity based selloff started with the rise in 2Y yields in January 2O22 due to expectations of monetary policy tightening. There have been two major bear market rallies based on the expectations of the \"Fed pivot\". The Banking Crisis in March of 2023 is the turning point, which transitions the Liquidity Selloff into the Recessionary selloff - as it acts as the catalyst for recession due to the resulting credit tightness.BarchartWhen is the recession coming?People always ask me for the timing: when is the recession coming, and how long will it last? I don't try to predict the actual timing, but I react as the preliminary signals emerge. I also closely monitor the opinions and research of Wall Street analysts, just to make sure my opinion is not as contrarian, even though I do tend to see things before the others. So, this is the sample of what appears to be the consensus on Wall Street at this point:The Conference Board sees the recession starting in Q2 of 2023, and last for three quarters, until Q1 2024. Here is the quote and the recent forecast:US GDP growth defied expectations in late 2022 and early 2023 data has shown unexpected strength. The US economy, and especially the US consumer, has resisted the duel headwinds of high inflation and rising interest rates. Because of this, we are increasing our Q1 2023 forecast to 1 percent. However, we continue to forecast that the US economy will slip into recession in 2023 and expect GDP growth to contract for three consecutive quarters starting in Q2 2023. These changes to the quarterly forecast result in an upgrade to our annual forecast for 2023 and a downgrade to our annual forecast for 2024.The Conference BoardING agrees, they also see the US recession in Q2 2023 and lasting for three quarters:ING 3/31/2023Blackrock weekly commentary as of March 27th, 2023 not only sees the recession forthcoming, but also sees the Fed keeping the monetary policy tight during the recession:Markets have been quick to price in rate cuts as a result of the banking sector turmoil and the Fed signaling a coming pause. We don't see rate cuts this year - that's the old playbook when central banks would rush to rescue the economy as recession hit. Now they're causing the recession to fight sticky inflation - and that makes rate cuts unlikely, in our view. Stocks have held up due to hopes for rates cuts that we don't see coming.Blackrock 3/27/2023This is a sample, but it represents the Wall Street consensus, the US economy is likely to be in a recession, possibly in Q2 2023 - that's next week. Also, Wall Street seems to agree with the Fed, there will be no rate cuts this year, despite the recession.Implications for S&P 500S&P 500 is exiting the Fed-induced Liquidity selloff with still overvalued forward PE ratio at 18. More importantly, the earnings for S&P 500 have not been revised lower by bottom-up analysts. Thus, not only we can expect the selloff due to the expected downside revisions of corporate earnings, but also the selloff due to further contraction of the PE ratio down to the 15 level. Thus, there is a considerable downside to S&P 500.The chart above shows that SPY has been stuck in the range which corresponds to about 3700-4200 on S&P 500 (SP500).The October bottom was due to the expected Fed pivot - before the recession arrives, which I considered as a possible scenario, but at this point this is extremely unlikely due to (at this point really) an imminent recession.SPY is up around 5.5% YTD in 2023, but the gains are unproportionally driven by the big tech stocks in Communications (XLC), Discretionary (XLY) and Technology (XLK) sectors. This could be due to the specific AI theme, also due to lower interest rates since October, but I think it's mostly a bear-market bounce from the deep selloff in 2022 and driven by short-covering and retail investor inflows.SPDRSectorSelectIn fact, Goldman Sachs states in the March issue of Market Pulse that the stock market performance this year is driven by short-covering:MOMENTUM: This year's rally has been driven by short covering, fueling a liquidity comeback. We anticipate momentum and technical factors to further elevate market volatility. In this environment, we believe managed futures may be able to exploit such opportunities.What's next?The near-term recession will have to be confirmed with the data. Wall Street does not expect a sharp increase in the unemployment rate, but we do have to see some weakness in the weekly initial unemployment claims.More importantly, the earnings season will have to support the expected decline in earnings via downgrades in earnings guidance from the cyclical companies, and especially the banks, which have to confirm the expected credit tightness.Longer term, all recessions end with the policy support: monetary and fiscal. This time, however, the monetary policy support is limited by sticky inflation, which I expect to remain above the 2% target due to the unfolding trend of de-globalization. Further, the political divide in the US political sphere will make it very difficult to pass any effective policy support - especially before the 2024 election. In my view, this increases the probability of a much deeper and longer recession.This article is written by Damir Tokic for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941964915,"gmtCreate":1679924133838,"gmtModify":1679927437386,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941964915","repostId":"1199795927","repostType":2,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949738746,"gmtCreate":1678884054086,"gmtModify":1678887201615,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117360444208842","authorIdStr":"4117360444208842"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949738746","repostId":"1152642142","repostType":2,"repost":{"id":"1152642142","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678883867,"share":"https://ttm.financial/m/news/1152642142?lang=&edition=fundamental","pubTime":"2023-03-15 20:37","market":"us","language":"en","title":"Pre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%","url":"https://stock-news.laohu8.com/highlight/detail?id=1152642142","media":"Tiger Newspress","summary":"U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.Whol","content":"<html><head></head><body><p>U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.</p><p>Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.</p><p>The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.</p><h2><b>Market Snapshot</b></h2><p>At 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.</p><p><img src=\"https://static.tigerbbs.com/1893c7c4457b47b4e30ba344beb517a3\" tg-width=\"278\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>Credit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.</p><p>Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.</p><p>Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.</p><p>PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.</p><p>Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.</p><h2><b>Market News</b></h2><p><b>Credit Suisse Top Shareholder Rules Out More Assistance to Bank</b></p><p>Credit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.</p><p>“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.</p><p><b>First Republic Spoke to Private Equity before Securing Financing -Sources</b></p><p>First Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.</p><p>The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.</p><p><b>Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4</b></p><p>The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.</p><p>OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.</p><p><b>Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under Review</b></p><p>Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.</p><p>Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-15 20:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.</p><p>Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.</p><p>The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.</p><h2><b>Market Snapshot</b></h2><p>At 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.</p><p><img src=\"https://static.tigerbbs.com/1893c7c4457b47b4e30ba344beb517a3\" tg-width=\"278\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>Credit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.</p><p>Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.</p><p>Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.</p><p>PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.</p><p>Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.</p><h2><b>Market News</b></h2><p><b>Credit Suisse Top Shareholder Rules Out More Assistance to Bank</b></p><p>Credit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.</p><p>“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.</p><p><b>First Republic Spoke to Private Equity before Securing Financing -Sources</b></p><p>First Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.</p><p>The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.</p><p><b>Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4</b></p><p>The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.</p><p>OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.</p><p><b>Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under Review</b></p><p>Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.</p><p>Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152642142","content_text":"U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.Market SnapshotAt 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.Pre-Market MoversCredit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.Market NewsCredit Suisse Top Shareholder Rules Out More Assistance to BankCredit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.First Republic Spoke to Private Equity before Securing Financing -SourcesFirst Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under ReviewRatings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9941244921,"gmtCreate":1680329171064,"gmtModify":1680329601054,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"So bullshit","listText":"So bullshit","text":"So bullshit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941244921","repostId":"2324093903","repostType":2,"repost":{"id":"2324093903","pubTimestamp":1680315097,"share":"https://ttm.financial/m/news/2324093903?lang=&edition=fundamental","pubTime":"2023-04-01 10:11","language":"en","title":"SPY: The Recession Expected To Start Next Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2324093903","media":"Seeking Alpha","summary":"SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued,","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>The US economy is expected to enter the recession in Q2 2023.</p></li><li><p>The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.</p></li><li><p>Thus, there is a considerable downside to SPY.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfea4a052824511fde132a80490e6b7f\" alt=\"ZargonDesign\" title=\"ZargonDesign\" tg-width=\"750\" tg-height=\"600\"/><span>ZargonDesign</span></p><p></p><h2>The Phase 2 recessionary selloff approaching</h2><p>I separate the full bear market into the three phases:</p><ol><li><p>Phase 1 is the Fed-induced Liquidity selloff. During this Phase 1, the Fed tightens the monetary policy, which bursts the asset price bubbles and causes the contraction in PE multiple. The 2022 selloff was the Fed-induced Liquidity selloff, which caused the contraction of S&P 500 PE ratio from 35 to 18, and busted the bubbles in cryptocurrencies, meme stocks, tech, and other speculative bets.</p></li><li><p>Phase 2 is the Recessionary selloff. The Fed's tightening policy usually causes a recession, during which corporate earnings decline, and the PE ratio further contracts. We are about the enter this stage, as I will explain in this article.</p></li><li><p>Phase 3 is the major Credit Crunch caused by the deeper and longer recessions, during which the credit spreads spike, as the overleveraged corporate/consumer/government sectors default on loans, hedge funds collapse due to margin calls, and the counterparty risk freezes the credit markets. Not all recessions end with the credit crunch, and it's too early to predict whether the current cycle will produce the major credit crunch.</p></li></ol><p>This is the chart for the ETF that tracks the S&P 500 (NYSEARCA:SPY). The Liquidity based selloff started with the rise in 2Y yields in January 2O22 due to expectations of monetary policy tightening. There have been two major bear market rallies based on the expectations of the "Fed pivot". The Banking Crisis in March of 2023 is the turning point, which transitions the Liquidity Selloff into the Recessionary selloff - as it acts as the catalyst for recession due to the resulting credit tightness.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66497e4f96b6a95079c3cb61cc76ab69\" alt=\"Barchart\" title=\"Barchart\" tg-width=\"640\" tg-height=\"372\"/><span>Barchart</span></p><p></p><h2>When is the recession coming?</h2><p>People always ask me for the timing: when is the recession coming, and how long will it last? I don't try to predict the actual timing, but I react as the preliminary signals emerge. I also closely monitor the opinions and research of Wall Street analysts, just to make sure my opinion is not as contrarian, even though I do tend to see things before the others. So, this is the sample of what appears to be the consensus on Wall Street at this point:</p><p>The Conference Board sees the recession starting in Q2 of 2023, and last for three quarters, until Q1 2024. Here is the quote and the recent forecast:</p><blockquote>US GDP growth defied expectations in late 2022 and early 2023 data has shown unexpected strength. The US economy, and especially the US consumer, has resisted the duel headwinds of high inflation and rising interest rates. Because of this, we are increasing our Q1 2023 forecast to 1 percent. However, we continue to forecast that the US economy will slip into recession in 2023 and expect GDP growth to contract for three consecutive quarters starting in Q2 2023. These changes to the quarterly forecast result in an upgrade to our annual forecast for 2023 and a downgrade to our annual forecast for 2024.</blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3e3132d37805b3612a43f957708ce6d\" alt=\"The Conference Board\" title=\"The Conference Board\" tg-width=\"640\" tg-height=\"461\"/><span>The Conference Board</span></p><p></p><p>ING agrees, they also see the US recession in Q2 2023 and lasting for three quarters:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c54ab0866222de65803f0f2b3a63bbd\" alt=\"ING 3/31/2023\" title=\"ING 3/31/2023\" tg-width=\"640\" tg-height=\"383\"/><span>ING 3/31/2023</span></p><p></p><p>Blackrock weekly commentary as of March 27th, 2023 not only sees the recession forthcoming, but also sees the Fed keeping the monetary policy tight during the recession:</p><blockquote>Markets have been quick to price in rate cuts as a result of the banking sector turmoil and the Fed signaling a coming pause. We don't see rate cuts this year - that's the old playbook when central banks would rush to rescue the economy as recession hit. Now they're causing the recession to fight sticky inflation - and that makes rate cuts unlikely, in our view. Stocks have held up due to hopes for rates cuts that we don't see coming.</blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8903a77c449ec7cbeaaf59e6482044\" alt=\"Blackrock 3/27/2023\" title=\"Blackrock 3/27/2023\" tg-width=\"640\" tg-height=\"387\"/><span>Blackrock 3/27/2023</span></p><p></p><p>This is a sample, but it represents the Wall Street consensus, the US economy is likely to be in a recession, possibly in Q2 2023 - that's next week. Also, Wall Street seems to agree with the Fed, there will be no rate cuts this year, despite the recession.</p><h2>Implications for S&P 500</h2><p>S&P 500 is exiting the Fed-induced Liquidity selloff with still overvalued forward PE ratio at 18. More importantly, the earnings for S&P 500 have not been revised lower by bottom-up analysts. Thus, not only we can expect the selloff due to the expected downside revisions of corporate earnings, but also the selloff due to further contraction of the PE ratio down to the 15 level. Thus, there is a considerable downside to S&P 500.</p><p>The chart above shows that SPY has been stuck in the range which corresponds to about 3700-4200 on S&P 500 (SP500).</p><p>The October bottom was due to the expected Fed pivot - before the recession arrives, which I considered as a possible scenario, but at this point this is extremely unlikely due to (at this point really) an imminent recession.</p><p>SPY is up around 5.5% YTD in 2023, but the gains are unproportionally driven by the big tech stocks in Communications (XLC), Discretionary (XLY) and Technology (XLK) sectors. This could be due to the specific AI theme, also due to lower interest rates since October, but I think it's mostly a bear-market bounce from the deep selloff in 2022 and driven by short-covering and retail investor inflows.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e898b2ac6791660af1438d1b7d2944ab\" alt=\"SPDRSectorSelect\" title=\"SPDRSectorSelect\" tg-width=\"640\" tg-height=\"693\"/><span>SPDRSectorSelect</span></p><p></p><p>In fact, Goldman Sachs states in the March issue of Market Pulse that the stock market performance this year is driven by short-covering:</p><blockquote>MOMENTUM: This year's rally has been driven by short covering, fueling a liquidity comeback. We anticipate momentum and technical factors to further elevate market volatility. In this environment, we believe managed futures may be able to exploit such opportunities.</blockquote><h2>What's next?</h2><p>The near-term recession will have to be confirmed with the data. Wall Street does not expect a sharp increase in the unemployment rate, but we do have to see some weakness in the weekly initial unemployment claims.</p><p>More importantly, the earnings season will have to support the expected decline in earnings via downgrades in earnings guidance from the cyclical companies, and especially the banks, which have to confirm the expected credit tightness.</p><p>Longer term, all recessions end with the policy support: monetary and fiscal. This time, however, the monetary policy support is limited by sticky inflation, which I expect to remain above the 2% target due to the unfolding trend of de-globalization. Further, the political divide in the US political sphere will make it very difficult to pass any effective policy support - especially before the 2024 election. In my view, this increases the probability of a much deeper and longer recession.</p><p><em>This article is written by Damir Tokic for reference only. Please note the risks.</em></p></body></html>","source":"seekingalpha_fund","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>SPY: The Recession Expected To Start Next 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\">\nSPY: The Recession Expected To Start Next Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 10:11 GMT+8 <a href=https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.Thus, there is a considerable ...</p>\n\n<a href=\"https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4591562-spy-the-recession-expected-to-start-next-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324093903","content_text":"SummaryThe US economy is expected to enter the recession in Q2 2023.The S&P 500 is still overvalued, and earnings expectations don't yet reflect an imminent recession.Thus, there is a considerable downside to SPY.ZargonDesignThe Phase 2 recessionary selloff approachingI separate the full bear market into the three phases:Phase 1 is the Fed-induced Liquidity selloff. During this Phase 1, the Fed tightens the monetary policy, which bursts the asset price bubbles and causes the contraction in PE multiple. The 2022 selloff was the Fed-induced Liquidity selloff, which caused the contraction of S&P 500 PE ratio from 35 to 18, and busted the bubbles in cryptocurrencies, meme stocks, tech, and other speculative bets.Phase 2 is the Recessionary selloff. The Fed's tightening policy usually causes a recession, during which corporate earnings decline, and the PE ratio further contracts. We are about the enter this stage, as I will explain in this article.Phase 3 is the major Credit Crunch caused by the deeper and longer recessions, during which the credit spreads spike, as the overleveraged corporate/consumer/government sectors default on loans, hedge funds collapse due to margin calls, and the counterparty risk freezes the credit markets. Not all recessions end with the credit crunch, and it's too early to predict whether the current cycle will produce the major credit crunch.This is the chart for the ETF that tracks the S&P 500 (NYSEARCA:SPY). The Liquidity based selloff started with the rise in 2Y yields in January 2O22 due to expectations of monetary policy tightening. There have been two major bear market rallies based on the expectations of the \"Fed pivot\". The Banking Crisis in March of 2023 is the turning point, which transitions the Liquidity Selloff into the Recessionary selloff - as it acts as the catalyst for recession due to the resulting credit tightness.BarchartWhen is the recession coming?People always ask me for the timing: when is the recession coming, and how long will it last? I don't try to predict the actual timing, but I react as the preliminary signals emerge. I also closely monitor the opinions and research of Wall Street analysts, just to make sure my opinion is not as contrarian, even though I do tend to see things before the others. So, this is the sample of what appears to be the consensus on Wall Street at this point:The Conference Board sees the recession starting in Q2 of 2023, and last for three quarters, until Q1 2024. Here is the quote and the recent forecast:US GDP growth defied expectations in late 2022 and early 2023 data has shown unexpected strength. The US economy, and especially the US consumer, has resisted the duel headwinds of high inflation and rising interest rates. Because of this, we are increasing our Q1 2023 forecast to 1 percent. However, we continue to forecast that the US economy will slip into recession in 2023 and expect GDP growth to contract for three consecutive quarters starting in Q2 2023. These changes to the quarterly forecast result in an upgrade to our annual forecast for 2023 and a downgrade to our annual forecast for 2024.The Conference BoardING agrees, they also see the US recession in Q2 2023 and lasting for three quarters:ING 3/31/2023Blackrock weekly commentary as of March 27th, 2023 not only sees the recession forthcoming, but also sees the Fed keeping the monetary policy tight during the recession:Markets have been quick to price in rate cuts as a result of the banking sector turmoil and the Fed signaling a coming pause. We don't see rate cuts this year - that's the old playbook when central banks would rush to rescue the economy as recession hit. Now they're causing the recession to fight sticky inflation - and that makes rate cuts unlikely, in our view. Stocks have held up due to hopes for rates cuts that we don't see coming.Blackrock 3/27/2023This is a sample, but it represents the Wall Street consensus, the US economy is likely to be in a recession, possibly in Q2 2023 - that's next week. Also, Wall Street seems to agree with the Fed, there will be no rate cuts this year, despite the recession.Implications for S&P 500S&P 500 is exiting the Fed-induced Liquidity selloff with still overvalued forward PE ratio at 18. More importantly, the earnings for S&P 500 have not been revised lower by bottom-up analysts. Thus, not only we can expect the selloff due to the expected downside revisions of corporate earnings, but also the selloff due to further contraction of the PE ratio down to the 15 level. Thus, there is a considerable downside to S&P 500.The chart above shows that SPY has been stuck in the range which corresponds to about 3700-4200 on S&P 500 (SP500).The October bottom was due to the expected Fed pivot - before the recession arrives, which I considered as a possible scenario, but at this point this is extremely unlikely due to (at this point really) an imminent recession.SPY is up around 5.5% YTD in 2023, but the gains are unproportionally driven by the big tech stocks in Communications (XLC), Discretionary (XLY) and Technology (XLK) sectors. This could be due to the specific AI theme, also due to lower interest rates since October, but I think it's mostly a bear-market bounce from the deep selloff in 2022 and driven by short-covering and retail investor inflows.SPDRSectorSelectIn fact, Goldman Sachs states in the March issue of Market Pulse that the stock market performance this year is driven by short-covering:MOMENTUM: This year's rally has been driven by short covering, fueling a liquidity comeback. We anticipate momentum and technical factors to further elevate market volatility. In this environment, we believe managed futures may be able to exploit such opportunities.What's next?The near-term recession will have to be confirmed with the data. Wall Street does not expect a sharp increase in the unemployment rate, but we do have to see some weakness in the weekly initial unemployment claims.More importantly, the earnings season will have to support the expected decline in earnings via downgrades in earnings guidance from the cyclical companies, and especially the banks, which have to confirm the expected credit tightness.Longer term, all recessions end with the policy support: monetary and fiscal. This time, however, the monetary policy support is limited by sticky inflation, which I expect to remain above the 2% target due to the unfolding trend of de-globalization. Further, the political divide in the US political sphere will make it very difficult to pass any effective policy support - especially before the 2024 election. In my view, this increases the probability of a much deeper and longer recession.This article is written by Damir Tokic for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949738746,"gmtCreate":1678884054086,"gmtModify":1678887201615,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949738746","repostId":"1152642142","repostType":2,"repost":{"id":"1152642142","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678883867,"share":"https://ttm.financial/m/news/1152642142?lang=&edition=fundamental","pubTime":"2023-03-15 20:37","market":"us","language":"en","title":"Pre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%","url":"https://stock-news.laohu8.com/highlight/detail?id=1152642142","media":"Tiger Newspress","summary":"U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.Whol","content":"<html><head></head><body><p>U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.</p><p>Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.</p><p>The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.</p><h2><b>Market Snapshot</b></h2><p>At 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.</p><p><img src=\"https://static.tigerbbs.com/1893c7c4457b47b4e30ba344beb517a3\" tg-width=\"278\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>Credit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.</p><p>Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.</p><p>Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.</p><p>PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.</p><p>Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.</p><h2><b>Market News</b></h2><p><b>Credit Suisse Top Shareholder Rules Out More Assistance to Bank</b></p><p>Credit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.</p><p>“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.</p><p><b>First Republic Spoke to Private Equity before Securing Financing -Sources</b></p><p>First Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.</p><p>The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.</p><p><b>Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4</b></p><p>The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.</p><p>OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.</p><p><b>Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under Review</b></p><p>Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.</p><p>Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%</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\">\nPre-Bell| Dow Futures Dived over 600 Points as Retail Sales Fell; Credit Suisse Plunged 27%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-15 20:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.</p><p>Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.</p><p>The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.</p><h2><b>Market Snapshot</b></h2><p>At 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.</p><p><img src=\"https://static.tigerbbs.com/1893c7c4457b47b4e30ba344beb517a3\" tg-width=\"278\" tg-height=\"134\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>Credit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.</p><p>Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.</p><p>Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.</p><p>PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.</p><p>Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.</p><h2><b>Market News</b></h2><p><b>Credit Suisse Top Shareholder Rules Out More Assistance to Bank</b></p><p>Credit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.</p><p>“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.</p><p><b>First Republic Spoke to Private Equity before Securing Financing -Sources</b></p><p>First Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.</p><p>The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.</p><p><b>Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4</b></p><p>The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.</p><p>OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.</p><p><b>Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under Review</b></p><p>Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.</p><p>Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152642142","content_text":"U.S. stock index futures dropped more than 1% on Wednesday amid concerns about a banking crisis.Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.The producer price index fell 0.1% for the month, against the Dow Jones estimate for a 0.3% increase and compared to a 0.3% gain in January. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month.Market SnapshotAt 8:36 a.m. ET, Dow e-minis were down 601 points, or 1.85%, S&P 500 e-minis were down 71.25 points, or 1.80%, and Nasdaq 100 e-minis were down 167 points, or 1.35%.Pre-Market MoversCredit Suisse— Shares of Credit Suisse were down 27% after the firm’s biggest backer, Saudi National Bank,said it won’t provide it with further financial help. Credit Suisse and several other European banks, includingSociete Generale, Italy’sMonte dei PaschiandUniCredit, werehalted from tradingas prices plummeted.Bank of America,Morgan Stanley,Wells Fargo— Shares of larger financials were in lower early Wednesday as the Credit Suisse tumble sent ripples across the global banking sector. Bank of America lost 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by nearly 4.2%.Lennar— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.PacWest Bancorp,Comerica,KeyCorp— Several regional banks led Wednesday’s fell after rallying on Tuesday. PacWest and Comerica lost 7.7% and 3.4%, respectively. KeyCorp’s stock price dropped 1.4%,Regions Financialwas down 4.2% andZions Bancorplost 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.Royal Caribbean— Shares of the cruise line were down 2.8%. The company recently refunded guests after mistakenly offering a non-existent ‘Premier Pass’ on its website. The company also announced it would be expanding its sales team. Rival cruise operators were also down.Market NewsCredit Suisse Top Shareholder Rules Out More Assistance to BankCredit Suisse Group AG’s top shareholder ruled out providing more financial assistance to the struggling Swiss bank, citing regulatory issues.“The answer is absolutely not, for many reasons outside the simplest reason which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday when asked if the lender was open to assisting Credit Suisse if there was another call for additional liquidity.First Republic Spoke to Private Equity before Securing Financing -SourcesFirst Republic Bank spoke to at least one private equity firm about raising capital before it secured financing from JPMorgan Chase & Co and U.S. authorities intervened with support for the industry, two sources familiar with the matter said.The conversations, which have not been previously reported, shed new light on the frenzied activity that took place over the weekend after the collapse of Silicon Valley Bank, as other lenders under pressure looked for ways to restore investor confidence.Microsoft-Backed OpenAI Starts Release Of Powerful AI Known As GPT-4The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for human-like technology to proliferate and more competition between its backer Microsoft and Alphabet’s Google.OpenAI, which created the chatbot sensation ChatGPT, said in a blog post that its latest technology is “multimodal,” meaning images as well as text prompts can spur it to generate content.Moody's Downgrades Signature Bank To Junk, Places Six U.S. Banks Under ReviewRatings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274293414772960,"gmtCreate":1708003959415,"gmtModify":1708003963830,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Is it good or not?","listText":"Is it good or not?","text":"Is it good or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274293414772960","repostId":"1101595854","repostType":2,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209172830191840,"gmtCreate":1692091439934,"gmtModify":1692091444477,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Hahaha","listText":"Hahaha","text":"Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209172830191840","repostId":"1190790954","repostType":2,"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":247069323837664,"gmtCreate":1701345039965,"gmtModify":1701345044804,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Haha, how much does vinfast pay for tiger trade?","listText":"Haha, how much does vinfast pay for tiger trade?","text":"Haha, how much does vinfast pay for tiger trade?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247069323837664","repostId":"2386165708","repostType":2,"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941964915,"gmtCreate":1679924133838,"gmtModify":1679927437386,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941964915","repostId":"1199795927","repostType":2,"repost":{"id":"1199795927","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1679920151,"share":"https://ttm.financial/m/news/1199795927?lang=&edition=fundamental","pubTime":"2023-03-27 20:29","market":"us","language":"en","title":"Pre-Bell|Dow Futures Gain over 200 Points; First Republic Bank Surges 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=1199795927","media":"Tiger Newspress","summary":"U.S. stock futures rose on Monday, after First Citizens BancShares helped calm unsettled markets by","content":"<html><head></head><body><p>U.S. stock futures rose on Monday, after <a href=\"https://laohu8.com/S/FCNCA\">First Citizens BancShares </a> helped calm unsettled markets by saying that it would take the deposits and loans of failed <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a>.</p><h2>Market Snapshot</h2><p>At 8:20 a.m. ET, Dow e-minis were up 204 points, or 0.63%, S&P 500 e-minis were up 25.5 points, or 0.64%, and Nasdaq 100 e-minis were up 46.75 points, or 0.36%.</p><p><img src=\"https://static.tigerbbs.com/853a5a77272b596f66266215417b7518\" tg-width=\"1080\" tg-height=\"385\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><b>U.S. regional banks: </b><a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> led a rebound in US regional bank stocks in premarket trading. First Republic Bank surged 25%; <a href=\"https://laohu8.com/S/SI\">Silvergate Capital </a> jumped 11.6%; <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp </a> rose 9.4%; <a href=\"https://laohu8.com/S/WAL\">Western Alliance Bancorp </a> rose 5.75%.</p><p><a href=\"https://laohu8.com/S/FCNCA\">First Citizens Bancshares </a>— Shares popped 40% onnews that First Citizens will buyaround $72 billion of Silicon Valley Bank assets at a discount of $16.5 billion.</p><p><a href=\"https://laohu8.com/S/NVS\">Novartis </a>— American depositary receipts of <a href=\"https://laohu8.com/S/NVS\">Novartis </a> rose 6% after the Swiss pharmaceutical company reported positive top-line results from a trial of breast-cancer drug Kisqali. Novartis said Kisqali plus endocrine therapy "significantly reduced the risk of disease recurrence" compared with standard endocrine therapy alone.</p><p><a href=\"https://laohu8.com/S/BNTX\">BioNTech </a>’s stock slides 4.6% premarket as Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.</p><p><a href=\"https://laohu8.com/S/PINS\">Pinterest</a>— Pinterest gained 4.3% afterUBS upgraded the social media stock to buyand said shares could pop more than 25% as the company improves its advertising strategy.</p><p><a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>— Shares dropped 1.2% after Baird downgraded the machinery company to underperform, citing potential headwinds driven by a “meaningful slowdown” in new small- and medium-sized nonresidential projects in 2024 due to ongoing turmoil with regional bank lenders.</p><p><a href=\"https://laohu8.com/S/KEY\">KeyCorp</a>— KeyCorp gained 6.8% after Citi upgraded the stock to buy from neutral. Citi analyst Keith Horowitz gave KeyCorp a price target of $20, suggesting the stock stands to gain 68.6% since Friday’s close.</p><p><a href=\"https://laohu8.com/S/DISH\">Dish Network</a>— The satellite company’s shares fell 2.5% after aclass-action lawsuit was announcedagainst the company by Dish investors who purchased the stock between Feb. 22, 2023 and Feb. 27, 2023. The lawsuit alleges that Dish overstated its efficiency and infrastructure capabilities as it experienced a widespread network outage due to a cybersecurity breach last month. Shares are down almost 38% year to date.</p><h2>Market News</h2><h3><a href=\"https://ttm.financial/NW/2322413646\" target=\"_blank\">First Citizens Bank to Buy SVB's Deposits, Loans from FDIC</a></h3><p><a href=\"https://laohu8.com/S/FCNCA\">First Citizens Bancshares </a> agreed to buy Silicon Valley Bankwhich was seized by regulators following a run on the lender.</p><p>The Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SVB, according to a statement from the Federal Deposit Insurance Corp. The deal includes the purchase of about $72 billion SVB assets at a discount of $16.5 billion.</p><h3><a href=\"https://ttm.financial/NW/1109387062\" target=\"_blank\">Tesla's Giga Berlin Hits Weekly Production Rate of 5,000 Vehicles</a></h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>’s Berlin Gigafactory has achieved a weekly production capacity of 5,000 vehicles, the company’s official Twitter handle tweeted on Saturday. Weekly production capacity is a measurement that Tesla looks at when preparing a new factory for volume production.</p><p>The ramp-up to 5,000 vehicles per week comes a year after the company' plant delivered the first vehicles to customers.</p><h3><a href=\"https://ttm.financial/NW/2322447193\" target=\"_blank\">CVS Expects to Close $8 Bln Signify Deal This Week</a></h3><p><a href=\"https://laohu8.com/S/CVS\">CVS Health Corp</a> said on Monday it expects to complete its acquisition of healthcare services company <a href=\"https://laohu8.com/S/SGNY\">Signify Health</a> this week, subject to certain conditions, potentially ending months of antitrust scrutiny on the <a href=\"https://laohu8.com/S/OSH\">8 billion deal.</p><p>CVS' potential acquisitions of two healthcare service providers Signify and Oak Street Health</a>, along with other such deals, have been facing increasing scrutiny over their impact on cost of healthcare in the United States.</p><h3><a href=\"https://ttm.financial/NW/2322429214\" target=\"_blank\">BioNTech Sees Vaccine Drop, Underlining Shift Toward Cancer</a></h3><p><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>’s Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.</p><p>The German drugmaker expects revenue of about €5 billion ($5.4 billion) in 2023, it said in a statement outlining its full-year financial results. The company is renegotiating its supply contract with the European Union’s executive body, which may see deliveries spread across multiple years and a possible reduction in volume, BioNTech said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell|Dow Futures Gain over 200 Points; First Republic Bank Surges 25%</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\">\nPre-Bell|Dow Futures Gain over 200 Points; First Republic Bank Surges 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-27 20:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures rose on Monday, after <a href=\"https://laohu8.com/S/FCNCA\">First Citizens BancShares </a> helped calm unsettled markets by saying that it would take the deposits and loans of failed <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a>.</p><h2>Market Snapshot</h2><p>At 8:20 a.m. ET, Dow e-minis were up 204 points, or 0.63%, S&P 500 e-minis were up 25.5 points, or 0.64%, and Nasdaq 100 e-minis were up 46.75 points, or 0.36%.</p><p><img src=\"https://static.tigerbbs.com/853a5a77272b596f66266215417b7518\" tg-width=\"1080\" tg-height=\"385\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><b>U.S. regional banks: </b><a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> led a rebound in US regional bank stocks in premarket trading. First Republic Bank surged 25%; <a href=\"https://laohu8.com/S/SI\">Silvergate Capital </a> jumped 11.6%; <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp </a> rose 9.4%; <a href=\"https://laohu8.com/S/WAL\">Western Alliance Bancorp </a> rose 5.75%.</p><p><a href=\"https://laohu8.com/S/FCNCA\">First Citizens Bancshares </a>— Shares popped 40% onnews that First Citizens will buyaround $72 billion of Silicon Valley Bank assets at a discount of $16.5 billion.</p><p><a href=\"https://laohu8.com/S/NVS\">Novartis </a>— American depositary receipts of <a href=\"https://laohu8.com/S/NVS\">Novartis </a> rose 6% after the Swiss pharmaceutical company reported positive top-line results from a trial of breast-cancer drug Kisqali. Novartis said Kisqali plus endocrine therapy "significantly reduced the risk of disease recurrence" compared with standard endocrine therapy alone.</p><p><a href=\"https://laohu8.com/S/BNTX\">BioNTech </a>’s stock slides 4.6% premarket as Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.</p><p><a href=\"https://laohu8.com/S/PINS\">Pinterest</a>— Pinterest gained 4.3% afterUBS upgraded the social media stock to buyand said shares could pop more than 25% as the company improves its advertising strategy.</p><p><a href=\"https://laohu8.com/S/CAT\">Caterpillar</a>— Shares dropped 1.2% after Baird downgraded the machinery company to underperform, citing potential headwinds driven by a “meaningful slowdown” in new small- and medium-sized nonresidential projects in 2024 due to ongoing turmoil with regional bank lenders.</p><p><a href=\"https://laohu8.com/S/KEY\">KeyCorp</a>— KeyCorp gained 6.8% after Citi upgraded the stock to buy from neutral. Citi analyst Keith Horowitz gave KeyCorp a price target of $20, suggesting the stock stands to gain 68.6% since Friday’s close.</p><p><a href=\"https://laohu8.com/S/DISH\">Dish Network</a>— The satellite company’s shares fell 2.5% after aclass-action lawsuit was announcedagainst the company by Dish investors who purchased the stock between Feb. 22, 2023 and Feb. 27, 2023. The lawsuit alleges that Dish overstated its efficiency and infrastructure capabilities as it experienced a widespread network outage due to a cybersecurity breach last month. Shares are down almost 38% year to date.</p><h2>Market News</h2><h3><a href=\"https://ttm.financial/NW/2322413646\" target=\"_blank\">First Citizens Bank to Buy SVB's Deposits, Loans from FDIC</a></h3><p><a href=\"https://laohu8.com/S/FCNCA\">First Citizens Bancshares </a> agreed to buy Silicon Valley Bankwhich was seized by regulators following a run on the lender.</p><p>The Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SVB, according to a statement from the Federal Deposit Insurance Corp. The deal includes the purchase of about $72 billion SVB assets at a discount of $16.5 billion.</p><h3><a href=\"https://ttm.financial/NW/1109387062\" target=\"_blank\">Tesla's Giga Berlin Hits Weekly Production Rate of 5,000 Vehicles</a></h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>’s Berlin Gigafactory has achieved a weekly production capacity of 5,000 vehicles, the company’s official Twitter handle tweeted on Saturday. Weekly production capacity is a measurement that Tesla looks at when preparing a new factory for volume production.</p><p>The ramp-up to 5,000 vehicles per week comes a year after the company' plant delivered the first vehicles to customers.</p><h3><a href=\"https://ttm.financial/NW/2322447193\" target=\"_blank\">CVS Expects to Close $8 Bln Signify Deal This Week</a></h3><p><a href=\"https://laohu8.com/S/CVS\">CVS Health Corp</a> said on Monday it expects to complete its acquisition of healthcare services company <a href=\"https://laohu8.com/S/SGNY\">Signify Health</a> this week, subject to certain conditions, potentially ending months of antitrust scrutiny on the <a href=\"https://laohu8.com/S/OSH\">8 billion deal.</p><p>CVS' potential acquisitions of two healthcare service providers Signify and Oak Street Health</a>, along with other such deals, have been facing increasing scrutiny over their impact on cost of healthcare in the United States.</p><h3><a href=\"https://ttm.financial/NW/2322429214\" target=\"_blank\">BioNTech Sees Vaccine Drop, Underlining Shift Toward Cancer</a></h3><p><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>’s Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.</p><p>The German drugmaker expects revenue of about €5 billion ($5.4 billion) in 2023, it said in a statement outlining its full-year financial results. The company is renegotiating its supply contract with the European Union’s executive body, which may see deliveries spread across multiple years and a possible reduction in volume, BioNTech said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199795927","content_text":"U.S. stock futures rose on Monday, after First Citizens BancShares helped calm unsettled markets by saying that it would take the deposits and loans of failed Silicon Valley Bank .Market SnapshotAt 8:20 a.m. ET, Dow e-minis were up 204 points, or 0.63%, S&P 500 e-minis were up 25.5 points, or 0.64%, and Nasdaq 100 e-minis were up 46.75 points, or 0.36%.Pre-Market MoversU.S. regional banks: First Republic Bank led a rebound in US regional bank stocks in premarket trading. First Republic Bank surged 25%; Silvergate Capital jumped 11.6%; PacWest Bancorp rose 9.4%; Western Alliance Bancorp rose 5.75%.First Citizens Bancshares — Shares popped 40% onnews that First Citizens will buyaround $72 billion of Silicon Valley Bank assets at a discount of $16.5 billion.Novartis — American depositary receipts of Novartis rose 6% after the Swiss pharmaceutical company reported positive top-line results from a trial of breast-cancer drug Kisqali. Novartis said Kisqali plus endocrine therapy \"significantly reduced the risk of disease recurrence\" compared with standard endocrine therapy alone.BioNTech ’s stock slides 4.6% premarket as Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.Pinterest— Pinterest gained 4.3% afterUBS upgraded the social media stock to buyand said shares could pop more than 25% as the company improves its advertising strategy.Caterpillar— Shares dropped 1.2% after Baird downgraded the machinery company to underperform, citing potential headwinds driven by a “meaningful slowdown” in new small- and medium-sized nonresidential projects in 2024 due to ongoing turmoil with regional bank lenders.KeyCorp— KeyCorp gained 6.8% after Citi upgraded the stock to buy from neutral. Citi analyst Keith Horowitz gave KeyCorp a price target of $20, suggesting the stock stands to gain 68.6% since Friday’s close.Dish Network— The satellite company’s shares fell 2.5% after aclass-action lawsuit was announcedagainst the company by Dish investors who purchased the stock between Feb. 22, 2023 and Feb. 27, 2023. The lawsuit alleges that Dish overstated its efficiency and infrastructure capabilities as it experienced a widespread network outage due to a cybersecurity breach last month. Shares are down almost 38% year to date.Market NewsFirst Citizens Bank to Buy SVB's Deposits, Loans from FDICFirst Citizens Bancshares agreed to buy Silicon Valley Bankwhich was seized by regulators following a run on the lender.The Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SVB, according to a statement from the Federal Deposit Insurance Corp. The deal includes the purchase of about $72 billion SVB assets at a discount of $16.5 billion.Tesla's Giga Berlin Hits Weekly Production Rate of 5,000 VehiclesTesla’s Berlin Gigafactory has achieved a weekly production capacity of 5,000 vehicles, the company’s official Twitter handle tweeted on Saturday. Weekly production capacity is a measurement that Tesla looks at when preparing a new factory for volume production.The ramp-up to 5,000 vehicles per week comes a year after the company' plant delivered the first vehicles to customers.CVS Expects to Close $8 Bln Signify Deal This WeekCVS Health Corp said on Monday it expects to complete its acquisition of healthcare services company Signify Health this week, subject to certain conditions, potentially ending months of antitrust scrutiny on the 8 billion deal.CVS' potential acquisitions of two healthcare service providers Signify and Oak Street Health, along with other such deals, have been facing increasing scrutiny over their impact on cost of healthcare in the United States.BioNTech Sees Vaccine Drop, Underlining Shift Toward CancerBioNTech SE’s Covid-19 vaccine sales are set to fall by more than two-thirds this year as demand wanes for its only marketed product.The German drugmaker expects revenue of about €5 billion ($5.4 billion) in 2023, it said in a statement outlining its full-year financial results. The company is renegotiating its supply contract with the European Union’s executive body, which may see deliveries spread across multiple years and a possible reduction in volume, BioNTech said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279304898764952,"gmtCreate":1709211275474,"gmtModify":1709211279808,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Green","listText":"Green","text":"Green","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279304898764952","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":248437704683616,"gmtCreate":1701691657805,"gmtModify":1701695013788,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"Borrow more, die sooner","listText":"Borrow more, die sooner","text":"Borrow more, die sooner","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248437704683616","repostId":"1173325317","repostType":2,"repost":{"id":"1173325317","pubTimestamp":1701691500,"share":"https://ttm.financial/m/news/1173325317?lang=&edition=fundamental","pubTime":"2023-12-04 20:05","market":"us","language":"en","title":"US DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast","url":"https://stock-news.laohu8.com/highlight/detail?id=1173325317","media":"Bloomberg","summary":"The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium-ion battery manufacturing facility in the Southeast Asian country.VinFast shares gained 2.6% in premarket trading Monday.The loan is subject to DFC’s comprehensive review and approval process, according to a VinFast statement. This is the first project in a series of sustainable transportation deve","content":"<html><head></head><body><p>The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium-ion battery manufacturing facility in the Southeast Asian country.</p><p>VinFast shares gained 2.6% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a96065c1219f1e8362c3f6e92dba818c\" tg-width=\"843\" tg-height=\"622\"/></p><p style=\"text-align: start;\">The loan is subject to DFC’s comprehensive review and approval process, according to a VinFast statement. This is the first project in a series of sustainable transportation development initiatives in the Vietnamese and international markets being discussed by the two parties, the statement said.</p><p>VinFast, which went public in the US in August by merging with blank-check company Black Spade Acquisition Co., in October agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the company seeks to boost the public float of its US-listed stock.</p><p style=\"text-align: start;\">The EV maker is building a $2 billion manufacturing complex in North Carolina and plans to aggressively move into Southeast Asian markets with factories in Indonesia and India.</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>US DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-04 20:05 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-12-04/us-s-dfc-weighs-500-million-loan-for-vietnam-ev-maker-vinfast?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-12-04/us-s-dfc-weighs-500-million-loan-for-vietnam-ev-maker-vinfast?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto"},"source_url":"https://www.bloomberg.com/news/articles/2023-12-04/us-s-dfc-weighs-500-million-loan-for-vietnam-ev-maker-vinfast?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173325317","content_text":"The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium-ion battery manufacturing facility in the Southeast Asian country.VinFast shares gained 2.6% in premarket trading Monday.The loan is subject to DFC’s comprehensive review and approval process, according to a VinFast statement. This is the first project in a series of sustainable transportation development initiatives in the Vietnamese and international markets being discussed by the two parties, the statement said.VinFast, which went public in the US in August by merging with blank-check company Black Spade Acquisition Co., in October agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the company seeks to boost the public float of its US-listed stock.The EV maker is building a $2 billion manufacturing complex in North Carolina and plans to aggressively move into Southeast Asian markets with factories in Indonesia and India.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244131162521760,"gmtCreate":1700626385013,"gmtModify":1700626389348,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4117360444208842","idStr":"4117360444208842"},"themes":[],"htmlText":"??????? 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