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2023-05-11

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Why the April Inflation Report Reinforces the Fed’s Plans to Pause

2023-05-10

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cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970904963","repostId":"1199599519","repostType":2,"repost":{"id":"1199599519","pubTimestamp":1683770098,"share":"https://www.laohu8.com/m/news/1199599519?lang=&edition=full","pubTime":"2023-05-11 09:54","market":"us","language":"en","title":"Why the April Inflation Report Reinforces the Fed’s Plans to Pause","url":"https://stock-news.laohu8.com/highlight/detail?id=1199599519","media":"The Wall Street Journal","summary":"Federal Reserve officials were already leaning toward taking a summer vacation from interest rate in","content":"<html><head></head><body><p>Federal Reserve officials were already leaning toward taking a summer vacation from <u>interest rate increases</u> to see if they have done enough to slow the economy and inflation.</p><p style=\"text-align: start;\">Wednesday’s inflation report makes that easier because it showed price pressures aren’t worsening and might soon be slowing as muted growth in rental-housing costs feed through to official inflation gauges.</p><p>More important, Fed officials have focused more on the impact of recent banking-system strains, which will take time to slow economic activity, including hiring and inflation.</p><p>To be sure, inflation isn’t showing the kind of convincing slowdown that would quell central bankers’ anxieties about it running at more than double their 2% target.</p><p>But Fed Chair Jerome Powell said six months ago that, on their way to raising rates rapidly to a 16-year high, officials didn’t necessarily view a string of slower inflation readings as a prerequisite for a pause.</p><p>“We do need to see inflation coming down decisively, and good evidence of that would be a series of down monthly readings…But I’ve never thought of that as the appropriate test for…identifying the appropriately restrictive level that we’re aiming for,” he said at a news conference last November.</p><p>For the past year, traders have paid extremely close attention to major data releases, such as Wednesday’s consumer-price index report, to figure out what the Fed would likely do at its next meeting.</p><p style=\"text-align: start;\">Wednesday’s report showed inflation was 4.9% in April, down from a recent peak of 9.1% in June 2022. Core inflation, which excludes volatile food and energy prices and is seen as a better predictor of future inflation, was 5.5% in April, down from its recent 6.6% peak in September.</p><p style=\"text-align: start;\">The Fed has hinted that at key turning points, however, the individual data releases aren’t as useful in determining what it will do at its next meeting.</p><p style=\"text-align: start;\">That was the case last November, when the Fed <u>was ready to slow down</u> its rapid pace of rate increases even if inflation data didn’t show clear improvement because officials were placing greater emphasis on the delayed impact of its earlier moves. Through early November, the Fed had raised rates by 0.75-percentage point at four consecutive meetings.</p><p style=\"text-align: start;\">The same appears to be true again now. Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%, the highest level in 16 years, to slow down the economy and combat inflation. At a news conference after their meeting, Mr. Powell cited reasons they could pause rate increases at their next meeting.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20e99ebb721e9010bc62f3b62b38a331\" alt=\"Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%. PHOTO: WIN MCNAMEE/GETTY IMAGES\" title=\"Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%. PHOTO: WIN MCNAMEE/GETTY IMAGES\" tg-width=\"700\" tg-height=\"466\"/><span>Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%. PHOTO: WIN MCNAMEE/GETTY IMAGES</span></p><p style=\"text-align: start;\">“We feel like we’re getting closer or maybe even there,” he said.</p><p style=\"text-align: start;\">The Fed has hinted at greater caution in moving rates up because of the lagged impact of stresses in the banking system that resulted from the sudden failure of Silicon Valley Bank in mid-March, which contributed to the collapse of Signature Bank and First Republic Bank. Those strains are expected to tighten lending standards for a swath of the banking industry that serves many small and midsize businesses and real-estate owners.</p><p style=\"text-align: start;\">Put differently, the Fed thinks it has a reasonable understanding of how interest-rate increases slow down the economy, but it doesn’t have the same comfort in forecasting a potentially sharper, bank-lending-induced slowdown. “It does complicate” matters, Mr. Powell said. “Credit tightening is a different thing.”</p><p style=\"text-align: start;\">There were several other notable examples in how Mr. Powell hinted at the outlook last week:</p><ul><li><p>When discussing how Fed officials had stopped telegraphing future rate increases in their post meeting statement, Mr. Powell volunteered that this was “a meaningful change.”</p></li><li><p>While some Fed officials have pointed to the so-called “separation principle” in which the Fed uses tighter monetary policy to combat inflation and emergency lending programs to address bank stress, Mr. Powell allowed that this approach “ultimately…has its limits.”</p></li><li><p>Finally, Mr. Powell noted officials had raised rates by 5 percentage points, which he said gave them the luxury of waiting to see if they had done enough. “You’re going to want to see that a few months of data will persuade you that you’ve got this right,” he said. Then, Mr. Powell offered his view that “policy is tight.”</p></li></ul><p>Those hints might have been subtle, but they were reinforced Tuesday when New York Fed President John Williams spoke at the Economic Club of New York. Each time Mr. Williams was asked whether the Fed had decided to pause, he demurred—but <u>then offered up reasons</u> that the Fed could, in fact, consider a pause.</p><p style=\"text-align: start;\">While the Fed hadn’t decided on a pause, Mr. Williams allowed that “we’ve made incredible progress over the last year or so” in raising rates.</p><p style=\"text-align: start;\">Instead of pointing to the importance of fresh data in determining the Fed’s next moves, he stressed the harder-to-quantify and even-more-lagged effect of tighter lending conditions. “Clearly it’s going to have an impact,” he said.</p><p style=\"text-align: start;\">All of this adds up to a likely Fed summer vacation from raising rates at their June and possibly July meetings before deciding this September whether they have done enough to slow down the economy.</p><p style=\"text-align: start;\">By then, officials could have a better understanding about how much trouble the banks face and whether the fallout will do enough—or even too much—to achieve the controlled slowdown of the economy and labor market that the Fed has been seeking.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nWhy the April Inflation Report Reinforces the Fed’s Plans to Pause\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-11 09:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/why-the-april-inflation-report-reinforces-the-feds-plans-to-pause-b9f8c79><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve officials were already leaning toward taking a summer vacation from interest rate increases to see if they have done enough to slow the economy and inflation.Wednesday’s inflation ...</p>\n\n<a href=\"https://www.wsj.com/articles/why-the-april-inflation-report-reinforces-the-feds-plans-to-pause-b9f8c79\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/why-the-april-inflation-report-reinforces-the-feds-plans-to-pause-b9f8c79","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199599519","content_text":"Federal Reserve officials were already leaning toward taking a summer vacation from interest rate increases to see if they have done enough to slow the economy and inflation.Wednesday’s inflation report makes that easier because it showed price pressures aren’t worsening and might soon be slowing as muted growth in rental-housing costs feed through to official inflation gauges.More important, Fed officials have focused more on the impact of recent banking-system strains, which will take time to slow economic activity, including hiring and inflation.To be sure, inflation isn’t showing the kind of convincing slowdown that would quell central bankers’ anxieties about it running at more than double their 2% target.But Fed Chair Jerome Powell said six months ago that, on their way to raising rates rapidly to a 16-year high, officials didn’t necessarily view a string of slower inflation readings as a prerequisite for a pause.“We do need to see inflation coming down decisively, and good evidence of that would be a series of down monthly readings…But I’ve never thought of that as the appropriate test for…identifying the appropriately restrictive level that we’re aiming for,” he said at a news conference last November.For the past year, traders have paid extremely close attention to major data releases, such as Wednesday’s consumer-price index report, to figure out what the Fed would likely do at its next meeting.Wednesday’s report showed inflation was 4.9% in April, down from a recent peak of 9.1% in June 2022. Core inflation, which excludes volatile food and energy prices and is seen as a better predictor of future inflation, was 5.5% in April, down from its recent 6.6% peak in September.The Fed has hinted that at key turning points, however, the individual data releases aren’t as useful in determining what it will do at its next meeting.That was the case last November, when the Fed was ready to slow down its rapid pace of rate increases even if inflation data didn’t show clear improvement because officials were placing greater emphasis on the delayed impact of its earlier moves. Through early November, the Fed had raised rates by 0.75-percentage point at four consecutive meetings.The same appears to be true again now. Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%, the highest level in 16 years, to slow down the economy and combat inflation. At a news conference after their meeting, Mr. Powell cited reasons they could pause rate increases at their next meeting.Fed officials raised their benchmark federal-funds rate last week to a range between 5% and 5.25%. PHOTO: WIN MCNAMEE/GETTY IMAGES“We feel like we’re getting closer or maybe even there,” he said.The Fed has hinted at greater caution in moving rates up because of the lagged impact of stresses in the banking system that resulted from the sudden failure of Silicon Valley Bank in mid-March, which contributed to the collapse of Signature Bank and First Republic Bank. Those strains are expected to tighten lending standards for a swath of the banking industry that serves many small and midsize businesses and real-estate owners.Put differently, the Fed thinks it has a reasonable understanding of how interest-rate increases slow down the economy, but it doesn’t have the same comfort in forecasting a potentially sharper, bank-lending-induced slowdown. “It does complicate” matters, Mr. Powell said. “Credit tightening is a different thing.”There were several other notable examples in how Mr. Powell hinted at the outlook last week:When discussing how Fed officials had stopped telegraphing future rate increases in their post meeting statement, Mr. Powell volunteered that this was “a meaningful change.”While some Fed officials have pointed to the so-called “separation principle” in which the Fed uses tighter monetary policy to combat inflation and emergency lending programs to address bank stress, Mr. Powell allowed that this approach “ultimately…has its limits.”Finally, Mr. Powell noted officials had raised rates by 5 percentage points, which he said gave them the luxury of waiting to see if they had done enough. “You’re going to want to see that a few months of data will persuade you that you’ve got this right,” he said. Then, Mr. Powell offered his view that “policy is tight.”Those hints might have been subtle, but they were reinforced Tuesday when New York Fed President John Williams spoke at the Economic Club of New York. Each time Mr. Williams was asked whether the Fed had decided to pause, he demurred—but then offered up reasons that the Fed could, in fact, consider a pause.While the Fed hadn’t decided on a pause, Mr. Williams allowed that “we’ve made incredible progress over the last year or so” in raising rates.Instead of pointing to the importance of fresh data in determining the Fed’s next moves, he stressed the harder-to-quantify and even-more-lagged effect of tighter lending conditions. “Clearly it’s going to have an impact,” he said.All of this adds up to a likely Fed summer vacation from raising rates at their June and possibly July meetings before deciding this September whether they have done enough to slow down the economy.By then, officials could have a better understanding about how much trouble the banks face and whether the fallout will do enough—or even too much—to achieve the controlled slowdown of the economy and labor market that the Fed has been seeking.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970069209,"gmtCreate":1683723943601,"gmtModify":1683723947003,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/WFC\">$Wells Fargo(WFC)$&nbsp;</a><a href=\"https://ttm.financial/S/LTUU\">$Little Sioux Corn Processors LLC(LTUU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/WFC\">$Wells Fargo(WFC)$&nbsp;</a><a href=\"https://ttm.financial/S/LTUU\">$Little Sioux Corn Processors LLC(LTUU)$ &nbsp;</a>","text":"$Wells Fargo(WFC)$ $Little Sioux Corn Processors LLC(LTUU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970069209","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970069035,"gmtCreate":1683723721528,"gmtModify":1683723725328,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/3585780691540522\">@FundMall &nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/3585780691540522\">@FundMall &nbsp;</a>","text":"@FundMall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970069035","repostId":"1173038072","repostType":2,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970087619,"gmtCreate":1683723046531,"gmtModify":1683723049581,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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href=\"https://ttm.financial/S/KRE\">$SPDR S&amp;P Regional Banking ETF(KRE)$ &nbsp;</a>","text":"$GoPro(GPRO)$ $SPDR S&P Regional Banking ETF(KRE)$","images":[{"img":"https://community-static.tradeup.com/news/f927f388ecbb3e2ce4a7384fad6ce5ec","width":"1080","height":"2704"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944366907","isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9944731497,"gmtCreate":1682091183219,"gmtModify":1682091186646,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/3585780691540522\">@FundMall &nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/3585780691540522\">@FundMall &nbsp;</a>","text":"@FundMall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944731497","repostId":"1167652223","repostType":2,"repost":{"id":"1167652223","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":1682091000,"share":"https://www.laohu8.com/m/news/1167652223?lang=&edition=full","pubTime":"2023-04-21 23:30","market":"us","language":"en","title":"Top Calls on Wall Street: Tesla, Microsoft, Alphabet, Amazon, Sea, Grab and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1167652223","media":"Tiger Newspress","summary":"Here are the biggest calls on Wall Street on Friday:Truist downgrades Tesla to hold from buyTruist s","content":"<html><head></head><body><p>Here are the biggest calls on Wall Street on Friday:</p><h2 style=\"text-align: start;\">Truist downgrades Tesla to hold from buy</h2><p>Truist said in its downgrade of the stock that it was surprised by the company’s “willingness to accept lower margins.”</p><blockquote>“What surprised us is TSLA’s stated willingness to reduce price further, accepting still lower automotive margins, to broaden &amp; deepen its ability to generate revenue from AI projects, most notably FSD.”</blockquote><h2 style=\"text-align: start;\">Wells Fargo reiterates Microsoft as overweight</h2><p>Wells says expectations are “mixed” heading into earnings next week, but that the firm is standing by the stock.</p><blockquote>“While optimizations and macro are likely to impact FQ3 results, we see favorable offsets forming beyond, inc. MSFT’s ability to both consolidate spend from incumbent categories (productivity, biz apps, security) &amp; gain share in newer ones.”</blockquote><h2 style=\"text-align: start;\">Bank of America reiterates Alphabet as buy</h2><p>Bank of America says it’s bullish heading into Alphabet earnings next week.</p><blockquote>“We think 1Q could show cost improvement upside, while in-line search results could be a modest positive for market share concerns (we think street will see better evidence of cost cutting and margin improvement by 2Q).”</blockquote><h2 style=\"text-align: start;\">JPMorgan reiterates Amazon as a best idea</h2><p>JPMorgan says it’s bullish heading into the e-commerce giant’s earnings report next week.</p><blockquote>“We’re modeling continued e-comm share gains in 2023 as AMZN &amp; other retailers gain share in key under-penetrated categories such as grocery, CPG, apparel &amp; accessories, &amp; furniture/appliances/equipment.”</blockquote><h2 style=\"text-align: start;\">Benchmark initiates Sea Limited as buy</h2><p>Benchmark initiated the Singapore-based internet tech company with a buy and says it sees rapid growth ahead.</p><blockquote>“We believe that SE should remain a key beneficiary of Southeast Asia’s fast growing digital economy in years to come.”</blockquote><h2 style=\"text-align: start;\">Benchmark initiates Grab Holdings as buy</h2><p>Benchmark said in its initiation of the Asian internet company that it’s a “significant market consolidator”</p><blockquote>“As part of our industry launch of Southeast Asia Ecommerce, we are initiating coverage of GRAB, a leading platform player offering mobility, delivery, fintech and enterprise services in SEA (Southeast Asia Ecommerce).”</blockquote><h2 style=\"text-align: start;\">Wells Fargo names Starbucks a top pick into earnings</h2><p>Wells says Starbucks is a “best idea” heading into earnings on May 2 and the “China inflection adds upside.”</p><blockquote>“Shares are -2% post-Q1 &amp; we see improving Q2 risk/reward behind ongoing domestic strength (positive Q2 traffic; Ex 29), a likely China inflection (vs. a very low Q2 bar) &amp; anticipated upside to the FY23 outlook.”</blockquote><h2 style=\"text-align: start;\">Baird reiterates McDonald’s as outperform</h2><p>Baird says it’s bullish heading into earnings next week.</p><blockquote>“We see potential for Q1 comps/EPS to exceed estimates (perhaps already priced in?), and we continue to believe MCD can fuel solid operating momentum in the balance of 2023 despite possible economic headwinds.”</blockquote><h2 style=\"text-align: start;\">Cantor Fitzgerald initiates UnitedHealth as buy</h2><p>Cantor said in its initiation of the healthcare company that it sees near-term earnings upside.</p><blockquote>“United is ahead of the market in using commercial product innovation to solve for the problem of employers wanting to hold price trends, while providers are looking for a three-year step-up from historical averages.”</blockquote><h2>Morgan Stanley reiterates Spotify as overweight</h2><p>Morgan Stanley raised its price target on the stock to $160 per share from $130 and says “price increases, margin expansion, and market share” will drive the stock.</p><blockquote>“We continue to see streaming music &amp; audio as an attractive growth market and remain OW WMG and SPOT.”</blockquote><h2 style=\"text-align: start;\">HBSC upgrades AT&amp;T to buy from hold</h2><p>HSBC said in its upgrade of the stock after its earnings report that investors should buy the dip.</p><blockquote>“But a slowdown in market momentum has been widely flagged (by all operators) for months, and AT&amp;T’s absolute growth in mobile subs remained solid.”</blockquote><h2 style=\"text-align: start;\">Stephens initiates SentinelOne as overweight</h2><p>Stephens initiated the cyber security company with an overweight and says it has “best-in-class growth.”</p><blockquote>“SentinelOne’s platform addresses many of the highest priority areas of security spending.”</blockquote><h2 style=\"text-align: start;\">Goldman Sachs reiterates ServiceNow as buy</h2><p>Goldman says it’s bullish heading into the work flow solutions company’s earnings report next week.</p><blockquote>“We expect investors to put more weight on NOW’s 1Q results, despite it being a seasonally weak quarter, as they look for signs of continued durability.</blockquote><h2 style=\"text-align: start;\">Morgan Stanley reiterates Blackstone as overweight</h2><p>Morgan Stanley says the alternative investment management company is “resilient.”</p><blockquote>“We believe BX is best positioned to navigate the backdrop, capitalize on dislocation with $190b dry powder &amp; propel earnings power.”</blockquote><h2 style=\"text-align: start;\">Morgan Stanley downgrades Seagate to equal weight from overweight</h2><p>Morgan Stanley said in its downgrade of Seagate that it sees a recovery pushout for the hard disc data drive company.</p><blockquote>“As a result, we believe path to outperformance has also been pushed out, with risk more elevated near term.”</blockquote></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>Top Calls on Wall Street: Tesla, Microsoft, Alphabet, Amazon, Sea, Grab and More</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\">\nTop Calls on Wall Street: Tesla, Microsoft, Alphabet, Amazon, Sea, Grab and More\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\">2023-04-21 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are the biggest calls on Wall Street on Friday:</p><h2 style=\"text-align: start;\">Truist downgrades Tesla to hold from buy</h2><p>Truist said in its downgrade of the stock that it was surprised by the company’s “willingness to accept lower margins.”</p><blockquote>“What surprised us is TSLA’s stated willingness to reduce price further, accepting still lower automotive margins, to broaden &amp; deepen its ability to generate revenue from AI projects, most notably FSD.”</blockquote><h2 style=\"text-align: start;\">Wells Fargo reiterates Microsoft as overweight</h2><p>Wells says expectations are “mixed” heading into earnings next week, but that the firm is standing by the stock.</p><blockquote>“While optimizations and macro are likely to impact FQ3 results, we see favorable offsets forming beyond, inc. MSFT’s ability to both consolidate spend from incumbent categories (productivity, biz apps, security) &amp; gain share in newer ones.”</blockquote><h2 style=\"text-align: start;\">Bank of America reiterates Alphabet as buy</h2><p>Bank of America says it’s bullish heading into Alphabet earnings next week.</p><blockquote>“We think 1Q could show cost improvement upside, while in-line search results could be a modest positive for market share concerns (we think street will see better evidence of cost cutting and margin improvement by 2Q).”</blockquote><h2 style=\"text-align: start;\">JPMorgan reiterates Amazon as a best idea</h2><p>JPMorgan says it’s bullish heading into the e-commerce giant’s earnings report next week.</p><blockquote>“We’re modeling continued e-comm share gains in 2023 as AMZN &amp; other retailers gain share in key under-penetrated categories such as grocery, CPG, apparel &amp; accessories, &amp; furniture/appliances/equipment.”</blockquote><h2 style=\"text-align: start;\">Benchmark initiates Sea Limited as buy</h2><p>Benchmark initiated the Singapore-based internet tech company with a buy and says it sees rapid growth ahead.</p><blockquote>“We believe that SE should remain a key beneficiary of Southeast Asia’s fast growing digital economy in years to come.”</blockquote><h2 style=\"text-align: start;\">Benchmark initiates Grab Holdings as buy</h2><p>Benchmark said in its initiation of the Asian internet company that it’s a “significant market consolidator”</p><blockquote>“As part of our industry launch of Southeast Asia Ecommerce, we are initiating coverage of GRAB, a leading platform player offering mobility, delivery, fintech and enterprise services in SEA (Southeast Asia Ecommerce).”</blockquote><h2 style=\"text-align: start;\">Wells Fargo names Starbucks a top pick into earnings</h2><p>Wells says Starbucks is a “best idea” heading into earnings on May 2 and the “China inflection adds upside.”</p><blockquote>“Shares are -2% post-Q1 &amp; we see improving Q2 risk/reward behind ongoing domestic strength (positive Q2 traffic; Ex 29), a likely China inflection (vs. a very low Q2 bar) &amp; anticipated upside to the FY23 outlook.”</blockquote><h2 style=\"text-align: start;\">Baird reiterates McDonald’s as outperform</h2><p>Baird says it’s bullish heading into earnings next week.</p><blockquote>“We see potential for Q1 comps/EPS to exceed estimates (perhaps already priced in?), and we continue to believe MCD can fuel solid operating momentum in the balance of 2023 despite possible economic headwinds.”</blockquote><h2 style=\"text-align: start;\">Cantor Fitzgerald initiates UnitedHealth as buy</h2><p>Cantor said in its initiation of the healthcare company that it sees near-term earnings upside.</p><blockquote>“United is ahead of the market in using commercial product innovation to solve for the problem of employers wanting to hold price trends, while providers are looking for a three-year step-up from historical averages.”</blockquote><h2>Morgan Stanley reiterates Spotify as overweight</h2><p>Morgan Stanley raised its price target on the stock to $160 per share from $130 and says “price increases, margin expansion, and market share” will drive the stock.</p><blockquote>“We continue to see streaming music &amp; audio as an attractive growth market and remain OW WMG and SPOT.”</blockquote><h2 style=\"text-align: start;\">HBSC upgrades AT&amp;T to buy from hold</h2><p>HSBC said in its upgrade of the stock after its earnings report that investors should buy the dip.</p><blockquote>“But a slowdown in market momentum has been widely flagged (by all operators) for months, and AT&amp;T’s absolute growth in mobile subs remained solid.”</blockquote><h2 style=\"text-align: start;\">Stephens initiates SentinelOne as overweight</h2><p>Stephens initiated the cyber security company with an overweight and says it has “best-in-class growth.”</p><blockquote>“SentinelOne’s platform addresses many of the highest priority areas of security spending.”</blockquote><h2 style=\"text-align: start;\">Goldman Sachs reiterates ServiceNow as buy</h2><p>Goldman says it’s bullish heading into the work flow solutions company’s earnings report next week.</p><blockquote>“We expect investors to put more weight on NOW’s 1Q results, despite it being a seasonally weak quarter, as they look for signs of continued durability.</blockquote><h2 style=\"text-align: start;\">Morgan Stanley reiterates Blackstone as overweight</h2><p>Morgan Stanley says the alternative investment management company is “resilient.”</p><blockquote>“We believe BX is best positioned to navigate the backdrop, capitalize on dislocation with $190b dry powder &amp; propel earnings power.”</blockquote><h2 style=\"text-align: start;\">Morgan Stanley downgrades Seagate to equal weight from overweight</h2><p>Morgan Stanley said in its downgrade of Seagate that it sees a recovery pushout for the hard disc data drive company.</p><blockquote>“As a result, we believe path to outperformance has also been pushed out, with risk more elevated near term.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A.","T":"美国电话电报","MCD":"麦当劳","STX":"希捷科技","MSFT":"微软","BX":"黑石","GRAB":"Grab Holdings","SBUX":"星巴克","UNH":"联合健康","TSLA":"特斯拉","SE":"Sea Ltd","AMZN":"亚马逊","GOOGL":"谷歌A","S":"SentinelOne, Inc","NOW":"ServiceNow"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167652223","content_text":"Here are the biggest calls on Wall Street on Friday:Truist downgrades Tesla to hold from buyTruist said in its downgrade of the stock that it was surprised by the company’s “willingness to accept lower margins.”“What surprised us is TSLA’s stated willingness to reduce price further, accepting still lower automotive margins, to broaden & deepen its ability to generate revenue from AI projects, most notably FSD.”Wells Fargo reiterates Microsoft as overweightWells says expectations are “mixed” heading into earnings next week, but that the firm is standing by the stock.“While optimizations and macro are likely to impact FQ3 results, we see favorable offsets forming beyond, inc. MSFT’s ability to both consolidate spend from incumbent categories (productivity, biz apps, security) & gain share in newer ones.”Bank of America reiterates Alphabet as buyBank of America says it’s bullish heading into Alphabet earnings next week.“We think 1Q could show cost improvement upside, while in-line search results could be a modest positive for market share concerns (we think street will see better evidence of cost cutting and margin improvement by 2Q).”JPMorgan reiterates Amazon as a best ideaJPMorgan says it’s bullish heading into the e-commerce giant’s earnings report next week.“We’re modeling continued e-comm share gains in 2023 as AMZN & other retailers gain share in key under-penetrated categories such as grocery, CPG, apparel & accessories, & furniture/appliances/equipment.”Benchmark initiates Sea Limited as buyBenchmark initiated the Singapore-based internet tech company with a buy and says it sees rapid growth ahead.“We believe that SE should remain a key beneficiary of Southeast Asia’s fast growing digital economy in years to come.”Benchmark initiates Grab Holdings as buyBenchmark said in its initiation of the Asian internet company that it’s a “significant market consolidator”“As part of our industry launch of Southeast Asia Ecommerce, we are initiating coverage of GRAB, a leading platform player offering mobility, delivery, fintech and enterprise services in SEA (Southeast Asia Ecommerce).”Wells Fargo names Starbucks a top pick into earningsWells says Starbucks is a “best idea” heading into earnings on May 2 and the “China inflection adds upside.”“Shares are -2% post-Q1 & we see improving Q2 risk/reward behind ongoing domestic strength (positive Q2 traffic; Ex 29), a likely China inflection (vs. a very low Q2 bar) & anticipated upside to the FY23 outlook.”Baird reiterates McDonald’s as outperformBaird says it’s bullish heading into earnings next week.“We see potential for Q1 comps/EPS to exceed estimates (perhaps already priced in?), and we continue to believe MCD can fuel solid operating momentum in the balance of 2023 despite possible economic headwinds.”Cantor Fitzgerald initiates UnitedHealth as buyCantor said in its initiation of the healthcare company that it sees near-term earnings upside.“United is ahead of the market in using commercial product innovation to solve for the problem of employers wanting to hold price trends, while providers are looking for a three-year step-up from historical averages.”Morgan Stanley reiterates Spotify as overweightMorgan Stanley raised its price target on the stock to $160 per share from $130 and says “price increases, margin expansion, and market share” will drive the stock.“We continue to see streaming music & audio as an attractive growth market and remain OW WMG and SPOT.”HBSC upgrades AT&T to buy from holdHSBC said in its upgrade of the stock after its earnings report that investors should buy the dip.“But a slowdown in market momentum has been widely flagged (by all operators) for months, and AT&T’s absolute growth in mobile subs remained solid.”Stephens initiates SentinelOne as overweightStephens initiated the cyber security company with an overweight and says it has “best-in-class growth.”“SentinelOne’s platform addresses many of the highest priority areas of security spending.”Goldman Sachs reiterates ServiceNow as buyGoldman says it’s bullish heading into the work flow solutions company’s earnings report next week.“We expect investors to put more weight on NOW’s 1Q results, despite it being a seasonally weak quarter, as they look for signs of continued durability.Morgan Stanley reiterates Blackstone as overweightMorgan Stanley says the alternative investment management company is “resilient.”“We believe BX is best positioned to navigate the backdrop, capitalize on dislocation with $190b dry powder & propel earnings power.”Morgan Stanley downgrades Seagate to equal weight from overweightMorgan Stanley said in its downgrade of Seagate that it sees a recovery pushout for the hard disc data drive company.“As a result, we believe path to outperformance has also been pushed out, with risk more elevated near term.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970087619,"gmtCreate":1683723046531,"gmtModify":1683723049581,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970087619","repostId":"1173038072","repostType":2,"repost":{"id":"1173038072","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":1683722394,"share":"https://www.laohu8.com/m/news/1173038072?lang=&edition=full","pubTime":"2023-05-10 20:39","market":"us","language":"en","title":"Pre-Bell｜U.S. Stock Futures Jump After Better-Than-Feared April Inflation Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1173038072","media":"Tiger Newspress","summary":"April consumer prices increased 4.9% from a year ago. Economists polled by Dow Jones expected a 5% a","content":"<html><head></head><body><p>April consumer prices increased 4.9% from a year ago. Economists polled by Dow Jones expected a 5% annual increase. Stock futures jumped after the latest inflation reading for April was tamer than feared.</p><h2>Market Snapshot</h2><p>At 8:37 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&amp;P 500 e-minis were up 12.5 points, or 0.3%, and Nasdaq 100 e-minis were up 51.25 points, or 0.39%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2635af4b6801913d529690b0bd7c7ecf\" title=\"\" tg-width=\"395\" tg-height=\"204\"/></p><h2>Pre-Market Movers</h2><p>Roblox — Shares tumbled 12% after posting financial results. Roblox reported quarterly sales of $655.34 million which missed the analyst consensus estimate of $765.94 million by 14.44 percent. This is a 3.82 percent increase over sales of $631.21 million the same period last year.</p><p>Rivian Automotive — The electric vehicle maker saw its stock jump more than 6% after the company reported a first-quarter loss that was narrower than expected. Rivian also said it’s still on track to meet a 50,000-vehicle production target for 2023.</p><p style=\"text-align: start;\">Airbnb — Shares dropped 13.3% after the vacation booking platform gave a weak outlook for the second quarter and said the company could have a tough time meeting year-over-year comparables. Airbnb still beat expectations on both lines for quarterly earnings.</p><p style=\"text-align: start;\">Twilio — Shares of the software company slid 16% in premarket trading after Twilio’s revenue forecast came in weaker than expected. The company said it was expecting between $980 million and $990 million in revenue for the second quarter. Analysts surveyed by Refinitiv were expecting $1.05 billion in revenue.</p><p style=\"text-align: start;\">Dutch Bros — Shares tumbled 7.6% after the company reported same-store sales and revenue for the first quarter that came in under expectations. The company did break even for the quarter, while analysts polled by StreetAccount expected a loss of 3 cents per share. JPMorgan downgraded the stock to neutral from overweight as a result of the report.</p><p style=\"text-align: start;\">Celsius Holdings — The drinks company jumped 11.1% following a strong earnings report. Celsius posted 40 cents in earnings per share for the first quarter, more than doubling the 19-cent consensus estimate of analysts polled by StreetAccount. Revenue also came in well ahead of analyst expectations. Bank of America upgraded shares to buy from neutral as a result.</p><p style=\"text-align: start;\">Virgin Galactic — The space tourism company saw its shares fall more than 4.5% after reporting a widened quarterly loss from the same period a year ago. Virgin, which aims to fly its first spaceflight in nearly two years later this month, cited “increases in research and development expenses,” in a press release.</p><p style=\"text-align: start;\">GoodRx — The digital healthcare platform lost 8.3% after giving weaker-than-expectation guidance for current-quarter and full-year revenue. However, GoodRx beat expectations for revenue in the first quarter.</p><p style=\"text-align: start;\">Alcon — The eye care stock popped 5.1% after beating expectations on the top and bottom lines in the first quarter. Alcon reaffirmed its full-year revenue guidance and said core diluted earnings per share for the year should come in a range that encompasses the consensus estimate of analysts polled by StreetAccount.</p><p style=\"text-align: start;\">Halozyme Therapeutics — Shares of the biopharma stock rose 1.9% after the company reaffirmed full-year earnings guidance. That helped investors overlook a miss on revenue in the first quarter. Piper Sandler upgraded the stock to overweight from neutral following the report.</p><p style=\"text-align: start;\">Occidental Petroleum — Shares declined 1.5% after the company’s quarterly earnings missed Wall Street’s expectations. The company also reported a year-over-year decline in earnings as oil prices fell.</p><p style=\"text-align: start;\">Akamai Technologies — Shares of the cloud company rose nearly 5% in premarket trading on better-than-expected earnings and revenue for the first quarter. Akamai also raised its full-year profit guidance.</p><p style=\"text-align: start;\">Affirm — Shares of the buy now, pay later company dipped 5.7% in premarket trading even after Affirm reported better-than-expected quarterly results a day earlier, with an adjusted loss per share of 69 cents. Analysts polled by Refinitiv were expecting a loss of 92 cents per share.</p><h2>Market News</h2><p><strong>TSMC Reports Revenue for April Approximately NT$147.90B, a Decrease of 14.3% YoY</strong></p><p><a href=\"https://laohu8.com/S/TSM\">TSMC </a> today announced its net revenue for April 2023: On a consolidated basis, revenue for April 2023 was approximately NT$147.90 billion, an increase of 1.7 percent from March 2023 and a decrease of 14.3 percent from April 2022.</p><p>Revenue for January through April 2023 totaled NT$656.53 billion, a decrease of 1.1 percent compared to the same period in 2022.</p><p><strong>EV Maker Faraday Future to Raise $100 Mln in Debt to Support Delivery Plans</strong></p><p>Electric vehicle (EV) startup <a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Intelligent Electric on Tuesday said it was raising $100 million in debt as it aims to achieve initial deliveries of its flagship FF 91 Futurist vehicle after a funding crunch led to multiple delays.</p><p>The company said it will also use the new debt funding to ramp up production.</p><p><strong>Toyota Posts 35% Surge in Q4 Operating Profit</strong></p><p>Japan&#39;s Toyota Motor Corp on Wednesday posted a 35% rise in fourth-quarter operating profit, helped by the weak yen boosting the value of overseas sales and higher output volumes that outweighed the impact of surging materials costs.</p><p style=\"text-align: start;\">The world&#39;s largest automaker by sales said operating profit for the three months through March totalled 626.9 billion yen ($4.64 billion), easily beating the average 553.46 billion yen profit estimated by 10 analysts, according to Refinitiv data.</p><p><strong>Tesla Says Its Texas Factory Hits Output of 5,000 Model Ys Per Week</strong></p><p>Tesla Giga Texas has reached the 5,000-unit weekly production rate, equating to a roughly quarter-of-a-million vehicle production capacity with the Model Y.</p><p style=\"text-align: start;\">Tesla Giga Texas reached a production rate of 3,000 Model Y units per week in December and added 1,000 more units by early April of this year. Just a little over a month later, Tesla has already reached a new milestone of 5,000 units in a single week, increasing the capacity by 20 percent in a short amount of time.</p><p></p><p></p><p></p><p></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｜U.S. Stock Futures Jump After Better-Than-Feared April Inflation Report</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｜U.S. Stock Futures Jump After Better-Than-Feared April Inflation Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-10 20:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April consumer prices increased 4.9% from a year ago. Economists polled by Dow Jones expected a 5% annual increase. Stock futures jumped after the latest inflation reading for April was tamer than feared.</p><h2>Market Snapshot</h2><p>At 8:37 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&amp;P 500 e-minis were up 12.5 points, or 0.3%, and Nasdaq 100 e-minis were up 51.25 points, or 0.39%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2635af4b6801913d529690b0bd7c7ecf\" title=\"\" tg-width=\"395\" tg-height=\"204\"/></p><h2>Pre-Market Movers</h2><p>Roblox — Shares tumbled 12% after posting financial results. Roblox reported quarterly sales of $655.34 million which missed the analyst consensus estimate of $765.94 million by 14.44 percent. This is a 3.82 percent increase over sales of $631.21 million the same period last year.</p><p>Rivian Automotive — The electric vehicle maker saw its stock jump more than 6% after the company reported a first-quarter loss that was narrower than expected. Rivian also said it’s still on track to meet a 50,000-vehicle production target for 2023.</p><p style=\"text-align: start;\">Airbnb — Shares dropped 13.3% after the vacation booking platform gave a weak outlook for the second quarter and said the company could have a tough time meeting year-over-year comparables. Airbnb still beat expectations on both lines for quarterly earnings.</p><p style=\"text-align: start;\">Twilio — Shares of the software company slid 16% in premarket trading after Twilio’s revenue forecast came in weaker than expected. The company said it was expecting between $980 million and $990 million in revenue for the second quarter. Analysts surveyed by Refinitiv were expecting $1.05 billion in revenue.</p><p style=\"text-align: start;\">Dutch Bros — Shares tumbled 7.6% after the company reported same-store sales and revenue for the first quarter that came in under expectations. The company did break even for the quarter, while analysts polled by StreetAccount expected a loss of 3 cents per share. JPMorgan downgraded the stock to neutral from overweight as a result of the report.</p><p style=\"text-align: start;\">Celsius Holdings — The drinks company jumped 11.1% following a strong earnings report. Celsius posted 40 cents in earnings per share for the first quarter, more than doubling the 19-cent consensus estimate of analysts polled by StreetAccount. Revenue also came in well ahead of analyst expectations. Bank of America upgraded shares to buy from neutral as a result.</p><p style=\"text-align: start;\">Virgin Galactic — The space tourism company saw its shares fall more than 4.5% after reporting a widened quarterly loss from the same period a year ago. Virgin, which aims to fly its first spaceflight in nearly two years later this month, cited “increases in research and development expenses,” in a press release.</p><p style=\"text-align: start;\">GoodRx — The digital healthcare platform lost 8.3% after giving weaker-than-expectation guidance for current-quarter and full-year revenue. However, GoodRx beat expectations for revenue in the first quarter.</p><p style=\"text-align: start;\">Alcon — The eye care stock popped 5.1% after beating expectations on the top and bottom lines in the first quarter. Alcon reaffirmed its full-year revenue guidance and said core diluted earnings per share for the year should come in a range that encompasses the consensus estimate of analysts polled by StreetAccount.</p><p style=\"text-align: start;\">Halozyme Therapeutics — Shares of the biopharma stock rose 1.9% after the company reaffirmed full-year earnings guidance. That helped investors overlook a miss on revenue in the first quarter. Piper Sandler upgraded the stock to overweight from neutral following the report.</p><p style=\"text-align: start;\">Occidental Petroleum — Shares declined 1.5% after the company’s quarterly earnings missed Wall Street’s expectations. The company also reported a year-over-year decline in earnings as oil prices fell.</p><p style=\"text-align: start;\">Akamai Technologies — Shares of the cloud company rose nearly 5% in premarket trading on better-than-expected earnings and revenue for the first quarter. Akamai also raised its full-year profit guidance.</p><p style=\"text-align: start;\">Affirm — Shares of the buy now, pay later company dipped 5.7% in premarket trading even after Affirm reported better-than-expected quarterly results a day earlier, with an adjusted loss per share of 69 cents. Analysts polled by Refinitiv were expecting a loss of 92 cents per share.</p><h2>Market News</h2><p><strong>TSMC Reports Revenue for April Approximately NT$147.90B, a Decrease of 14.3% YoY</strong></p><p><a href=\"https://laohu8.com/S/TSM\">TSMC </a> today announced its net revenue for April 2023: On a consolidated basis, revenue for April 2023 was approximately NT$147.90 billion, an increase of 1.7 percent from March 2023 and a decrease of 14.3 percent from April 2022.</p><p>Revenue for January through April 2023 totaled NT$656.53 billion, a decrease of 1.1 percent compared to the same period in 2022.</p><p><strong>EV Maker Faraday Future to Raise $100 Mln in Debt to Support Delivery Plans</strong></p><p>Electric vehicle (EV) startup <a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Intelligent Electric on Tuesday said it was raising $100 million in debt as it aims to achieve initial deliveries of its flagship FF 91 Futurist vehicle after a funding crunch led to multiple delays.</p><p>The company said it will also use the new debt funding to ramp up production.</p><p><strong>Toyota Posts 35% Surge in Q4 Operating Profit</strong></p><p>Japan&#39;s Toyota Motor Corp on Wednesday posted a 35% rise in fourth-quarter operating profit, helped by the weak yen boosting the value of overseas sales and higher output volumes that outweighed the impact of surging materials costs.</p><p style=\"text-align: start;\">The world&#39;s largest automaker by sales said operating profit for the three months through March totalled 626.9 billion yen ($4.64 billion), easily beating the average 553.46 billion yen profit estimated by 10 analysts, according to Refinitiv data.</p><p><strong>Tesla Says Its Texas Factory Hits Output of 5,000 Model Ys Per Week</strong></p><p>Tesla Giga Texas has reached the 5,000-unit weekly production rate, equating to a roughly quarter-of-a-million vehicle production capacity with the Model Y.</p><p style=\"text-align: start;\">Tesla Giga Texas reached a production rate of 3,000 Model Y units per week in December and added 1,000 more units by early April of this year. Just a little over a month later, Tesla has already reached a new milestone of 5,000 units in a single week, increasing the capacity by 20 percent in a short amount of time.</p><p></p><p></p><p></p><p></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":"1173038072","content_text":"April consumer prices increased 4.9% from a year ago. Economists polled by Dow Jones expected a 5% annual increase. Stock futures jumped after the latest inflation reading for April was tamer than feared.Market SnapshotAt 8:37 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&P 500 e-minis were up 12.5 points, or 0.3%, and Nasdaq 100 e-minis were up 51.25 points, or 0.39%.Pre-Market MoversRoblox — Shares tumbled 12% after posting financial results. Roblox reported quarterly sales of $655.34 million which missed the analyst consensus estimate of $765.94 million by 14.44 percent. This is a 3.82 percent increase over sales of $631.21 million the same period last year.Rivian Automotive — The electric vehicle maker saw its stock jump more than 6% after the company reported a first-quarter loss that was narrower than expected. Rivian also said it’s still on track to meet a 50,000-vehicle production target for 2023.Airbnb — Shares dropped 13.3% after the vacation booking platform gave a weak outlook for the second quarter and said the company could have a tough time meeting year-over-year comparables. Airbnb still beat expectations on both lines for quarterly earnings.Twilio — Shares of the software company slid 16% in premarket trading after Twilio’s revenue forecast came in weaker than expected. The company said it was expecting between $980 million and $990 million in revenue for the second quarter. Analysts surveyed by Refinitiv were expecting $1.05 billion in revenue.Dutch Bros — Shares tumbled 7.6% after the company reported same-store sales and revenue for the first quarter that came in under expectations. The company did break even for the quarter, while analysts polled by StreetAccount expected a loss of 3 cents per share. JPMorgan downgraded the stock to neutral from overweight as a result of the report.Celsius Holdings — The drinks company jumped 11.1% following a strong earnings report. Celsius posted 40 cents in earnings per share for the first quarter, more than doubling the 19-cent consensus estimate of analysts polled by StreetAccount. Revenue also came in well ahead of analyst expectations. Bank of America upgraded shares to buy from neutral as a result.Virgin Galactic — The space tourism company saw its shares fall more than 4.5% after reporting a widened quarterly loss from the same period a year ago. Virgin, which aims to fly its first spaceflight in nearly two years later this month, cited “increases in research and development expenses,” in a press release.GoodRx — The digital healthcare platform lost 8.3% after giving weaker-than-expectation guidance for current-quarter and full-year revenue. However, GoodRx beat expectations for revenue in the first quarter.Alcon — The eye care stock popped 5.1% after beating expectations on the top and bottom lines in the first quarter. Alcon reaffirmed its full-year revenue guidance and said core diluted earnings per share for the year should come in a range that encompasses the consensus estimate of analysts polled by StreetAccount.Halozyme Therapeutics — Shares of the biopharma stock rose 1.9% after the company reaffirmed full-year earnings guidance. That helped investors overlook a miss on revenue in the first quarter. Piper Sandler upgraded the stock to overweight from neutral following the report.Occidental Petroleum — Shares declined 1.5% after the company’s quarterly earnings missed Wall Street’s expectations. The company also reported a year-over-year decline in earnings as oil prices fell.Akamai Technologies — Shares of the cloud company rose nearly 5% in premarket trading on better-than-expected earnings and revenue for the first quarter. Akamai also raised its full-year profit guidance.Affirm — Shares of the buy now, pay later company dipped 5.7% in premarket trading even after Affirm reported better-than-expected quarterly results a day earlier, with an adjusted loss per share of 69 cents. Analysts polled by Refinitiv were expecting a loss of 92 cents per share.Market NewsTSMC Reports Revenue for April Approximately NT$147.90B, a Decrease of 14.3% YoYTSMC  today announced its net revenue for April 2023: On a consolidated basis, revenue for April 2023 was approximately NT$147.90 billion, an increase of 1.7 percent from March 2023 and a decrease of 14.3 percent from April 2022.Revenue for January through April 2023 totaled NT$656.53 billion, a decrease of 1.1 percent compared to the same period in 2022.EV Maker Faraday Future to Raise $100 Mln in Debt to Support Delivery PlansElectric vehicle (EV) startup Faraday Future Intelligent Electric on Tuesday said it was raising $100 million in debt as it aims to achieve initial deliveries of its flagship FF 91 Futurist vehicle after a funding crunch led to multiple delays.The company said it will also use the new debt funding to ramp up production.Toyota Posts 35% Surge in Q4 Operating ProfitJapan's Toyota Motor Corp on Wednesday posted a 35% rise in fourth-quarter operating profit, helped by the weak yen boosting the value of overseas sales and higher output volumes that outweighed the impact of surging materials costs.The world's largest automaker by sales said operating profit for the three months through March totalled 626.9 billion yen ($4.64 billion), easily beating the average 553.46 billion yen profit estimated by 10 analysts, according to Refinitiv data.Tesla Says Its Texas Factory Hits Output of 5,000 Model Ys Per WeekTesla Giga Texas has reached the 5,000-unit weekly production rate, equating to a roughly quarter-of-a-million vehicle production capacity with the Model Y.Tesla Giga Texas reached a production rate of 3,000 Model Y units per week in December and added 1,000 more units by early April of this year. Just a little over a month later, Tesla has already reached a new milestone of 5,000 units in a single week, increasing the capacity by 20 percent in a short amount of time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944384804,"gmtCreate":1681706721209,"gmtModify":1681706724377,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$ &nbsp;</a>","text":"$GoPro(GPRO)$","images":[{"img":"https://community-static.tradeup.com/news/d5f95e0a1eb0cb3b6852c597e10273f0","width":"1080","height":"2704"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944384804","isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9944446403,"gmtCreate":1682057878402,"gmtModify":1682057884378,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$ &nbsp;</a><a href=\"https://ttm.financial/FUND/SG9999005961.SGD\">$FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/GPRO\">$GoPro(GPRO)$ &nbsp;</a><a href=\"https://ttm.financial/FUND/SG9999005961.SGD\">$FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$ &nbsp;</a>","text":"$GoPro(GPRO)$ $FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$","images":[{"img":"https://community-static.tradeup.com/news/11e12ce314fa93f8fc8dc529ef23ad65","width":"1080","height":"2632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944446403","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9945274509,"gmtCreate":1681496418901,"gmtModify":1681496421790,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$&nbsp;</a>","text":"$AMC Entertainment(AMC)$ $JPMorgan Chase(JPM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945274509","isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970010181,"gmtCreate":1683707091343,"gmtModify":1683707094910,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970010181","repostId":"1117790648","repostType":2,"repost":{"id":"1117790648","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":1683706839,"share":"https://www.laohu8.com/m/news/1117790648?lang=&edition=full","pubTime":"2023-05-10 16:20","market":"us","language":"en","title":"Twilio Shares Slip Over 15% after Forecasting Weak Second-Quarter Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1117790648","media":"Tiger Newspress","summary":"Twilio shares slip over 15% after forecasting weak second-quarter revenue.The San Francisco-based cl","content":"<html><head></head><body><p>Twilio shares slip over 15% after forecasting weak second-quarter revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f22b48759351fb0516d7211e7877250\" tg-width=\"835\" tg-height=\"841\"/></p><p>The San Francisco-based cloud service provider had benefited during the pandemic on strong demand from businesses looking to operate amid lockdowns, but its growth has inched lower as customers look to optimize cloud spending amid economic turbulences.</p><p>In February, the company said it was eliminating about 17% of its workforce and closing some offices as part of a restructuring effort to focus on profitability.</p><p>It expects second-quarter revenue in the range of $980 million to $990 million, compared with analysts&#39; average estimate of $1.05 billion, as per Refinitiv data.</p><p>However, it reported a rise in active customer accounts, more than 300,000 in the first quarter ended March 31, 2023, compared with over 268,000 a year earlier.</p><p>It reported adjusted net income of $0.47 per share, beating analysts&#39; average estimate of $0.21.</p><p>Revenue rose 15% to $1.01 billion.</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>Twilio Shares Slip Over 15% after Forecasting Weak Second-Quarter Revenue</title>\n<style 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}\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\">\nTwilio Shares Slip Over 15% after Forecasting Weak Second-Quarter Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-10 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Twilio shares slip over 15% after forecasting weak second-quarter revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f22b48759351fb0516d7211e7877250\" tg-width=\"835\" tg-height=\"841\"/></p><p>The San Francisco-based cloud service provider had benefited during the pandemic on strong demand from businesses looking to operate amid lockdowns, but its growth has inched lower as customers look to optimize cloud spending amid economic turbulences.</p><p>In February, the company said it was eliminating about 17% of its workforce and closing some offices as part of a restructuring effort to focus on profitability.</p><p>It expects second-quarter revenue in the range of $980 million to $990 million, compared with analysts&#39; average estimate of $1.05 billion, as per Refinitiv data.</p><p>However, it reported a rise in active customer accounts, more than 300,000 in the first quarter ended March 31, 2023, compared with over 268,000 a year earlier.</p><p>It reported adjusted net income of $0.47 per share, beating analysts&#39; average estimate of $0.21.</p><p>Revenue rose 15% to $1.01 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWLO":"Twilio Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117790648","content_text":"Twilio shares slip over 15% after forecasting weak second-quarter revenue.The San Francisco-based cloud service provider had benefited during the pandemic on strong demand from businesses looking to operate amid lockdowns, but its growth has inched lower as customers look to optimize cloud spending amid economic turbulences.In February, the company said it was eliminating about 17% of its workforce and closing some offices as part of a restructuring effort to focus on profitability.It expects second-quarter revenue in the range of $980 million to $990 million, compared with analysts' average estimate of $1.05 billion, as per Refinitiv data.However, it reported a rise in active customer accounts, more than 300,000 in the first quarter ended March 31, 2023, compared with over 268,000 a year earlier.It reported adjusted net income of $0.47 per share, beating analysts' average estimate of $0.21.Revenue rose 15% to $1.01 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947337120,"gmtCreate":1682558113060,"gmtModify":1682558116598,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$ &nbsp;</a>","text":"$Microsoft(MSFT)$","images":[{"img":"https://community-static.tradeup.com/news/3d9818fdea424b76772b93829d3f3166","width":"1080","height":"2365"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9947337120","isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9944701684,"gmtCreate":1682076285848,"gmtModify":1682076522139,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a><a href=\"https://ttm.financial/FUND/SG9999005961.SGD\">$FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$ &nbsp;</a><a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a><a href=\"https://ttm.financial/FUND/SG9999005961.SGD\">$FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$ &nbsp;</a><a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM &nbsp;</a>","text":"$Straits Times Index(STI.SI)$ $FULLERTON SGD CASH FUND \"A\" ACC(SG9999005961.SGD)$ @TigerPM","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944701684","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945278687,"gmtCreate":1681494458350,"gmtModify":1681494461254,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger &nbsp;</a>","text":"$AMC Entertainment(AMC)$ @MillionaireTiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945278687","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945656497,"gmtCreate":1681464723820,"gmtModify":1681466428364,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9945656497","repostId":"2327148857","repostType":2,"repost":{"id":"2327148857","pubTimestamp":1681462771,"share":"https://www.laohu8.com/m/news/2327148857?lang=&edition=full","pubTime":"2023-04-14 16:59","market":"us","language":"en","title":"JPMorgan, Wells Fargo, Boeing, Lucid And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2327148857","media":"marketwatch","summary":"Stock futures declined Friday ahead of quarterly earnings from some of the biggest U.S. banks.These ","content":"<html><head></head><body><p>Stock futures declined Friday ahead of quarterly earnings from some of the biggest U.S. banks.</p><p>These stocks were poised to make moves Friday: </p><p>Analysts forecast JPMorgan Chase (JPM) will report first-quarter earnings of $10.2 billion, up 23% from a year earlier, or $3.41 a share. Revenue is expected to increase to $36.2 billion from $30.7 billion a year earlier thanks to an anticipated jump in net interest income of 36% to $19.1 billion. The stock was up 0.2% in premarket trading.</p><p>Wells Fargo (WFC) is expected by Wall Street to report first-quarter earnings of $1.13 a share on revenue of $20.1 billion. A year earlier, the bank earned 88 cents a share on revenue of $17.6 billion. Shares fell 0.7%.</p><p>Wall Street will be closely watching further progress on the turnaround plan at Citigroup (C) when the bank reports first-quarter earnings before the stock market opens Friday. Citigroup is expected to post a profit of $3.4 billion or $1.64 a share.</p><p>BlackRock (BLK) and PNC Financial (PNC) also are scheduled to report earnings before the opening bell Friday.</p><p>Boeing (BA) sank 4.4% in premarket trading after the aerospace giant halted deliveries of its 737 MAX jet after the discovery of a parts compliance problem from a supplier.</p><p>“A supplier has notified us that a nonstandard manufacturing process was used during the installation of two fittings in the aft fuselage section of certain [737 MAX] airplanes, creating the potential for a nonconformance to required specifications,” a Boeing spokeswoman told <em>Barron’s</em> in an emailed statement.” The spokeswoman added it wasn’t an “immediate safety of flight issue.”</p><p>Lucid Group (LCID) declined 6.3% after first-quarter deliveries at the electric-vehicle maker missed analysts’ expectations.</p><p>UnitedHealth (UNH), the nation’s largest health insurer by enrollees, is scheduled to report first-quarter earnings ahead of Wall Street trading Friday.</p></body></html>","source":"mwatch_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>JPMorgan, Wells Fargo, Boeing, Lucid And More: U.S. Stocks To Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan, Wells Fargo, Boeing, Lucid And More: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/stock-market-movers-6336691f?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock futures declined Friday ahead of quarterly earnings from some of the biggest U.S. banks.These stocks were poised to make moves Friday: Analysts forecast JPMorgan Chase (JPM) will report first-...</p>\n\n<a href=\"https://www.marketwatch.com/articles/stock-market-movers-6336691f?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","BA":"波音","JPM":"摩根大通","WFC":"富国银行"},"source_url":"https://www.marketwatch.com/articles/stock-market-movers-6336691f?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327148857","content_text":"Stock futures declined Friday ahead of quarterly earnings from some of the biggest U.S. banks.These stocks were poised to make moves Friday: Analysts forecast JPMorgan Chase (JPM) will report first-quarter earnings of $10.2 billion, up 23% from a year earlier, or $3.41 a share. Revenue is expected to increase to $36.2 billion from $30.7 billion a year earlier thanks to an anticipated jump in net interest income of 36% to $19.1 billion. The stock was up 0.2% in premarket trading.Wells Fargo (WFC) is expected by Wall Street to report first-quarter earnings of $1.13 a share on revenue of $20.1 billion. A year earlier, the bank earned 88 cents a share on revenue of $17.6 billion. Shares fell 0.7%.Wall Street will be closely watching further progress on the turnaround plan at Citigroup (C) when the bank reports first-quarter earnings before the stock market opens Friday. Citigroup is expected to post a profit of $3.4 billion or $1.64 a share.BlackRock (BLK) and PNC Financial (PNC) also are scheduled to report earnings before the opening bell Friday.Boeing (BA) sank 4.4% in premarket trading after the aerospace giant halted deliveries of its 737 MAX jet after the discovery of a parts compliance problem from a supplier.“A supplier has notified us that a nonstandard manufacturing process was used during the installation of two fittings in the aft fuselage section of certain [737 MAX] airplanes, creating the potential for a nonconformance to required specifications,” a Boeing spokeswoman told Barron’s in an emailed statement.” The spokeswoman added it wasn’t an “immediate safety of flight issue.”Lucid Group (LCID) declined 6.3% after first-quarter deliveries at the electric-vehicle maker missed analysts’ expectations.UnitedHealth (UNH), the nation’s largest health insurer by enrollees, is scheduled to report first-quarter earnings ahead of Wall Street trading Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970096962,"gmtCreate":1683692353356,"gmtModify":1683692356070,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$&nbsp;</a>","text":"$DBS GROUP HOLDINGS LTD(D05.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970096962","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947848827,"gmtCreate":1682985115069,"gmtModify":1682985118059,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$ &nbsp;</a>","text":"$SVB Financial Group(SIVBQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947848827","repostId":"2332998860","repostType":2,"repost":{"id":"2332998860","pubTimestamp":1682981525,"share":"https://www.laohu8.com/m/news/2332998860?lang=&edition=full","pubTime":"2023-05-02 06:52","market":"us","language":"en","title":"US Weighs More Business Deposit Insurance After Banks Fail","url":"https://stock-news.laohu8.com/highlight/detail?id=2332998860","media":"Bloomberg","summary":"WASHINGTON - A top US regulator wants a sweeping overhaul of deposit insurance after recent bank fai","content":"<html><head></head><body><p>WASHINGTON - A top US regulator wants a sweeping overhaul of deposit insurance after recent bank failures partly drained a pool of money the government uses to protect lenders’ clients.</p><p>The Federal Deposit Insurance Corp. (FDIC) on Monday laid out three options for the bedrock fund, which currently covers up to US$250,000 (S$334,000) on most accounts. The regulator highlighted the impact of technological changes and high concentrations of uninsured depositors in pockets of the banking system as reasons for a possible overhaul.</p><p>The FDIC said in its report that switching to a “targeted coverage” approach, where business accounts get more coverage than the current cap, would be the best option for financial stability. Such a change, however, would require congressional action. Other options include maintaining coverage as is, or switching to cover all deposits, the FDIC said.</p><p>Although the agency didn’t commit to taking a particular path, Monday’s report launches what would be one of the most significant policy changes to stem from the recent banking crisis. The FDIC’s decision to cover all deposits - even those above the US$250,000 limit - for clients of Silicon Valley Bank and Signature Bank following their failures in March sparked a fierce debate over how the system should be changed.</p><p>The collapses and the government’s response “raised fundamental questions about the role of deposit insurance in the United States banking system,” FDIC chairman Martin Gruenberg said in a statement. “This report is an effort to place these recent developments in context of the history, evolution, and purpose of deposit insurance.”</p><p>Critics of the banking system have called for the FDIC to increase the insurance cap. Senator Elizabeth Warren, a Massachusetts Democrat, in March said that the agency should increase its US$250,000 cap, questioning whether it should be as high as US$10 million.</p><p>A separate debate is also raging over who should pick up the tab for replenishing the Deposit Insurance Fund, known as the DIF, after it was used to cover uninsured depositors from the two failed banks.</p><h2>First Republic</h2><p>Questions around the DIF again swirled on Monday after the $First Republic Bank(FRC-N)$ collapsed in the second-biggest bank failure in US history. As part of a deal for JPMorgan Chase &amp; Co. to buy the lender, it will share in both the losses and the potential recoveries on loans with the FDIC. The regulator estimated Monday that the cost to the fund will be about US$13 billion.</p><p>The DIF is a bedrock of the US financial system. It’s also been a political lightning rod because the pot is filled and re-filled by all insured banks kicking in quarterly fees known as assessments.</p><p>The amount is based on formulas and despite occasional gripes on its costs, the system has generally worked for years. Silicon Valley Bank, for example, had many depositors who held more than US$250,000 in their accounts, including many start-up businesses that desperately needed cash.</p><h2>Targeted coverage</h2><p>On Monday, the FDIC said that an upward trend in uninsured depositors had increased risks for bank runs. According to the regulator, the proportion surged to 47 per cent in 2021 - the highest level since 1949. The agency added that changes in technology, which allow information to spread quickly and depositors to easily withdraw funds, present acute challenges.</p><p>In its preferred “targeted coverage” approach, the FDIC would extend coverage to business payment accounts. Losses on those accounts may impact payroll and other operational functions, the agency said. The regulator didn’t say it wanted to increase the limit for investment accounts, signaling that they wouldn’t get the same new protections under the plan.</p><p>Regardless, the FDIC said that increasing coverage for payments accounts could “require a significant increase in assessments,” or the fees that US banks must regularly kick in to the fund.</p><p>Patrick McHenry, the chairman of the House Financial Services Committee, said he was pleased that the FDIC said Congress would need to get involved to make changes to deposit insurance. However, he still took some issue with the agency’s preference.</p><p>“It’s concerning that the FDIC is immediately jumping to the conclusion that a public sector solution is the only viable option, rather than considering private sector options that address the specific needs of large companies,” Mr McHenry, a North Carolina Republican, said in a statement. “The House Financial Services Committee will continue to evaluate all options to ensure Americans’ confidence in the safety and soundness of our banking system.” BLOOMBERG</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 Weighs More Business Deposit Insurance After Banks Fail</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 Weighs More Business Deposit Insurance After Banks Fail\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-02 06:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-01/us-weighs-more-business-deposit-insurance-after-bank-failures?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON - A top US regulator wants a sweeping overhaul of deposit insurance after recent bank failures partly drained a pool of money the government uses to protect lenders’ clients.The Federal ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-01/us-weighs-more-business-deposit-insurance-after-bank-failures?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SIVBQ":"硅谷银行","FRCB":"第一共和银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-01/us-weighs-more-business-deposit-insurance-after-bank-failures?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332998860","content_text":"WASHINGTON - A top US regulator wants a sweeping overhaul of deposit insurance after recent bank failures partly drained a pool of money the government uses to protect lenders’ clients.The Federal Deposit Insurance Corp. (FDIC) on Monday laid out three options for the bedrock fund, which currently covers up to US$250,000 (S$334,000) on most accounts. The regulator highlighted the impact of technological changes and high concentrations of uninsured depositors in pockets of the banking system as reasons for a possible overhaul.The FDIC said in its report that switching to a “targeted coverage” approach, where business accounts get more coverage than the current cap, would be the best option for financial stability. Such a change, however, would require congressional action. Other options include maintaining coverage as is, or switching to cover all deposits, the FDIC said.Although the agency didn’t commit to taking a particular path, Monday’s report launches what would be one of the most significant policy changes to stem from the recent banking crisis. The FDIC’s decision to cover all deposits - even those above the US$250,000 limit - for clients of Silicon Valley Bank and Signature Bank following their failures in March sparked a fierce debate over how the system should be changed.The collapses and the government’s response “raised fundamental questions about the role of deposit insurance in the United States banking system,” FDIC chairman Martin Gruenberg said in a statement. “This report is an effort to place these recent developments in context of the history, evolution, and purpose of deposit insurance.”Critics of the banking system have called for the FDIC to increase the insurance cap. Senator Elizabeth Warren, a Massachusetts Democrat, in March said that the agency should increase its US$250,000 cap, questioning whether it should be as high as US$10 million.A separate debate is also raging over who should pick up the tab for replenishing the Deposit Insurance Fund, known as the DIF, after it was used to cover uninsured depositors from the two failed banks.First RepublicQuestions around the DIF again swirled on Monday after the $First Republic Bank(FRC-N)$ collapsed in the second-biggest bank failure in US history. As part of a deal for JPMorgan Chase & Co. to buy the lender, it will share in both the losses and the potential recoveries on loans with the FDIC. The regulator estimated Monday that the cost to the fund will be about US$13 billion.The DIF is a bedrock of the US financial system. It’s also been a political lightning rod because the pot is filled and re-filled by all insured banks kicking in quarterly fees known as assessments.The amount is based on formulas and despite occasional gripes on its costs, the system has generally worked for years. Silicon Valley Bank, for example, had many depositors who held more than US$250,000 in their accounts, including many start-up businesses that desperately needed cash.Targeted coverageOn Monday, the FDIC said that an upward trend in uninsured depositors had increased risks for bank runs. According to the regulator, the proportion surged to 47 per cent in 2021 - the highest level since 1949. The agency added that changes in technology, which allow information to spread quickly and depositors to easily withdraw funds, present acute challenges.In its preferred “targeted coverage” approach, the FDIC would extend coverage to business payment accounts. Losses on those accounts may impact payroll and other operational functions, the agency said. The regulator didn’t say it wanted to increase the limit for investment accounts, signaling that they wouldn’t get the same new protections under the plan.Regardless, the FDIC said that increasing coverage for payments accounts could “require a significant increase in assessments,” or the fees that US banks must regularly kick in to the fund.Patrick McHenry, the chairman of the House Financial Services Committee, said he was pleased that the FDIC said Congress would need to get involved to make changes to deposit insurance. However, he still took some issue with the agency’s preference.“It’s concerning that the FDIC is immediately jumping to the conclusion that a public sector solution is the only viable option, rather than considering private sector options that address the specific needs of large companies,” Mr McHenry, a North Carolina Republican, said in a statement. “The House Financial Services Committee will continue to evaluate all options to ensure Americans’ confidence in the safety and soundness of our banking system.” BLOOMBERG","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947899354,"gmtCreate":1682789275479,"gmtModify":1682789277993,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/90e1366454b3225a6582fe8e6d5f2a4c","width":"840","height":"11819"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947899354","isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9947890798,"gmtCreate":1682789139415,"gmtModify":1682789142983,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/8c38e7ca8422e6dec9a0bb88ce7d565a","width":"840","height":"11819"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947890798","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9947172709,"gmtCreate":1682741155301,"gmtModify":1682741158391,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a>","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947172709","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947008203,"gmtCreate":1682313749003,"gmtModify":1682313751768,"author":{"id":"4144502430193092","authorId":"4144502430193092","name":"Elly cat","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947008203","repostId":"2329723000","repostType":2,"repost":{"id":"2329723000","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1682313565,"share":"https://www.laohu8.com/m/news/2329723000?lang=&edition=full","pubTime":"2023-04-24 13:19","market":"us","language":"en","title":"Tesla Readies Export of Model Y to Canada From China","url":"https://stock-news.laohu8.com/highlight/detail?id=2329723000","media":"Reuters","summary":"SHANGHAI (Reuters) - Tesla has begun producing in Shanghai a version of the Model Y to be sold in Ca","content":"<html><head></head><body><p>SHANGHAI (Reuters) - Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.</p><p>The move would connect Tesla&#39;s biggest and most cost-efficient factory in the world to North America, its largest market. The Model Y is the electric vehicle (EV) maker&#39;s best-selling model globally.</p><p>Over the weekend, Tesla posted on its website that it would offer a new, cheaper version of its Model Y in Canada, a rear-wheel drive variant of the SUV-styled crossover priced C$10,000 ($7,377.90) lower than the long-range version of the vehicle available in that market.</p><p>Tesla&#39;s website showed that customers in Canada could take delivery of the new version of the Model Y between May and July.</p><p>The Canadian government&#39;s website was updated on Friday to show that the new version of the Model Y and the more expensive long-range variant both qualify for incentives of C$5,000 on purchase or a four-year lease.</p><p>Tesla Shanghai began production of the Canada-bound version of Model Y earlier this month, the person with knowledge of the development said. The production memo reviewed by Reuters showed that vehicles had been designed and tested for export to North America, with a target of producing nearly 9,000 this quarter.</p><p>Tesla did not immediately respond to a request for comment.</p><p>Reuters reported in November that Tesla had considered plans for exporting made-in-China vehicles to North America. After the Reuters report was published, Tesla CEO Elon Musk, in a Twitter post, had said &#34;False,&#34; without elaborating.</p><p>Musk told analysts last week that Tesla&#39;s Shanghai plant had the &#34;lowest cost structure&#34; of any of its factories.</p><h2>SUBSIDIES</h2><p>Canada&#39;s transport agency&#39;s EV incentive program mandates that a base model for an SUV has to be under C$60,000 to qualify for the subsidy of up to C$5,000. Higher cost variants are then also eligible at a price of up to C$70,000.</p><p>The introduction of the cheaper Model Y for Canada qualified both it and Tesla&#39;s C$69,900 long-range Model Y for the incentive as of Friday, Transport Canada said on its website.</p><p>Tesla’s Shanghai plant uses lithium-iron phosphate (LFP) batteries for the Model Y version produced there for sale in China and for export to Europe and other markets.</p><p>At its factories in Texas and California, Tesla has been rolling out a more powerful battery configuration known as 4680.</p><p>Tesla’s website shows the new, Canada-specific version of the Model Y has an EPA-rated range equivalent to 245 miles (394 km) on a charge. The U.S. version of the entry-level Model Y, which has all-wheel drive, has an EPA-rated range of 279 miles.</p><p>The new Model Y for Canada is also cheaper than the entry-level U.S. model - $44,275 versus the current price of $46,990 for the U.S.</p><p>Tesla has cut U.S. prices on Model Y variants three times since the start of the year, part of a discounting strategy to drive volume that sliced into its first quarter margin and touched off a price war on EVs.</p><p>It shipped more than 271,000 Model Y and Model 3 sedans from its Shanghai factory last year to Europe and other markets, roughly a fifth of its global sales.</p><p>Tesla is not alone in exporting EVs from China. Renault exports the Spring, an entry-level hatchback EV to Europe under its Dacia brand. BMW exports the iX3 from China to Southeast Asia and Europe.</p><p>China’s overall car exports grew four-fold between 2020 and 2022 to top two million vehicles and are on track to top three million this year if the first-quarter pace is sustained.</p><p>($1 = 1.3554 Canadian dollars)</p><p>(Reporting by Zhang Yan in Shanghai and Hyunjoo Jin in San Francisco; Writing by Kevin Krolicki; Editing by Muralikumar Anantharaman)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Readies Export of Model Y to Canada From China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Readies Export of Model Y to Canada From China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-24 13:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SHANGHAI (Reuters) - Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.</p><p>The move would connect Tesla&#39;s biggest and most cost-efficient factory in the world to North America, its largest market. The Model Y is the electric vehicle (EV) maker&#39;s best-selling model globally.</p><p>Over the weekend, Tesla posted on its website that it would offer a new, cheaper version of its Model Y in Canada, a rear-wheel drive variant of the SUV-styled crossover priced C$10,000 ($7,377.90) lower than the long-range version of the vehicle available in that market.</p><p>Tesla&#39;s website showed that customers in Canada could take delivery of the new version of the Model Y between May and July.</p><p>The Canadian government&#39;s website was updated on Friday to show that the new version of the Model Y and the more expensive long-range variant both qualify for incentives of C$5,000 on purchase or a four-year lease.</p><p>Tesla Shanghai began production of the Canada-bound version of Model Y earlier this month, the person with knowledge of the development said. The production memo reviewed by Reuters showed that vehicles had been designed and tested for export to North America, with a target of producing nearly 9,000 this quarter.</p><p>Tesla did not immediately respond to a request for comment.</p><p>Reuters reported in November that Tesla had considered plans for exporting made-in-China vehicles to North America. After the Reuters report was published, Tesla CEO Elon Musk, in a Twitter post, had said &#34;False,&#34; without elaborating.</p><p>Musk told analysts last week that Tesla&#39;s Shanghai plant had the &#34;lowest cost structure&#34; of any of its factories.</p><h2>SUBSIDIES</h2><p>Canada&#39;s transport agency&#39;s EV incentive program mandates that a base model for an SUV has to be under C$60,000 to qualify for the subsidy of up to C$5,000. Higher cost variants are then also eligible at a price of up to C$70,000.</p><p>The introduction of the cheaper Model Y for Canada qualified both it and Tesla&#39;s C$69,900 long-range Model Y for the incentive as of Friday, Transport Canada said on its website.</p><p>Tesla’s Shanghai plant uses lithium-iron phosphate (LFP) batteries for the Model Y version produced there for sale in China and for export to Europe and other markets.</p><p>At its factories in Texas and California, Tesla has been rolling out a more powerful battery configuration known as 4680.</p><p>Tesla’s website shows the new, Canada-specific version of the Model Y has an EPA-rated range equivalent to 245 miles (394 km) on a charge. The U.S. version of the entry-level Model Y, which has all-wheel drive, has an EPA-rated range of 279 miles.</p><p>The new Model Y for Canada is also cheaper than the entry-level U.S. model - $44,275 versus the current price of $46,990 for the U.S.</p><p>Tesla has cut U.S. prices on Model Y variants three times since the start of the year, part of a discounting strategy to drive volume that sliced into its first quarter margin and touched off a price war on EVs.</p><p>It shipped more than 271,000 Model Y and Model 3 sedans from its Shanghai factory last year to Europe and other markets, roughly a fifth of its global sales.</p><p>Tesla is not alone in exporting EVs from China. Renault exports the Spring, an entry-level hatchback EV to Europe under its Dacia brand. BMW exports the iX3 from China to Southeast Asia and Europe.</p><p>China’s overall car exports grew four-fold between 2020 and 2022 to top two million vehicles and are on track to top three million this year if the first-quarter pace is sustained.</p><p>($1 = 1.3554 Canadian dollars)</p><p>(Reporting by Zhang Yan in Shanghai and Hyunjoo Jin in San Francisco; Writing by Kevin Krolicki; Editing by Muralikumar Anantharaman)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4527":"明星科技股","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4574":"无人驾驶","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","TSLA":"特斯拉","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4099":"汽车制造商","BK4124":"机动车零配件与设备","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4585":"ETF&股票定投概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2329723000","content_text":"SHANGHAI (Reuters) - Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.The move would connect Tesla's biggest and most cost-efficient factory in the world to North America, its largest market. The Model Y is the electric vehicle (EV) maker's best-selling model globally.Over the weekend, Tesla posted on its website that it would offer a new, cheaper version of its Model Y in Canada, a rear-wheel drive variant of the SUV-styled crossover priced C$10,000 ($7,377.90) lower than the long-range version of the vehicle available in that market.Tesla's website showed that customers in Canada could take delivery of the new version of the Model Y between May and July.The Canadian government's website was updated on Friday to show that the new version of the Model Y and the more expensive long-range variant both qualify for incentives of C$5,000 on purchase or a four-year lease.Tesla Shanghai began production of the Canada-bound version of Model Y earlier this month, the person with knowledge of the development said. The production memo reviewed by Reuters showed that vehicles had been designed and tested for export to North America, with a target of producing nearly 9,000 this quarter.Tesla did not immediately respond to a request for comment.Reuters reported in November that Tesla had considered plans for exporting made-in-China vehicles to North America. After the Reuters report was published, Tesla CEO Elon Musk, in a Twitter post, had said \"False,\" without elaborating.Musk told analysts last week that Tesla's Shanghai plant had the \"lowest cost structure\" of any of its factories.SUBSIDIESCanada's transport agency's EV incentive program mandates that a base model for an SUV has to be under C$60,000 to qualify for the subsidy of up to C$5,000. Higher cost variants are then also eligible at a price of up to C$70,000.The introduction of the cheaper Model Y for Canada qualified both it and Tesla's C$69,900 long-range Model Y for the incentive as of Friday, Transport Canada said on its website.Tesla’s Shanghai plant uses lithium-iron phosphate (LFP) batteries for the Model Y version produced there for sale in China and for export to Europe and other markets.At its factories in Texas and California, Tesla has been rolling out a more powerful battery configuration known as 4680.Tesla’s website shows the new, Canada-specific version of the Model Y has an EPA-rated range equivalent to 245 miles (394 km) on a charge. The U.S. version of the entry-level Model Y, which has all-wheel drive, has an EPA-rated range of 279 miles.The new Model Y for Canada is also cheaper than the entry-level U.S. model - $44,275 versus the current price of $46,990 for the U.S.Tesla has cut U.S. prices on Model Y variants three times since the start of the year, part of a discounting strategy to drive volume that sliced into its first quarter margin and touched off a price war on EVs.It shipped more than 271,000 Model Y and Model 3 sedans from its Shanghai factory last year to Europe and other markets, roughly a fifth of its global sales.Tesla is not alone in exporting EVs from China. Renault exports the Spring, an entry-level hatchback EV to Europe under its Dacia brand. BMW exports the iX3 from China to Southeast Asia and Europe.China’s overall car exports grew four-fold between 2020 and 2022 to top two million vehicles and are on track to top three million this year if the first-quarter pace is sustained.($1 = 1.3554 Canadian dollars)(Reporting by Zhang Yan in Shanghai and Hyunjoo Jin in San Francisco; Writing by Kevin Krolicki; Editing by Muralikumar Anantharaman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}