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Kevinshn23
Trading with knowledge and wisdom…
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Kevinshn23
12-11
$NAT 20250117 4.0 CALL$
Kevinshn23
10-28
$NAT 20250117 4.0 CALL$
Kevinshn23
10-21
$NAT 20250117 4.5 CALL$
Kevinshn23
10-19
$NAT 20250117 4.0 CALL$
Kevinshn23
09-16
$NAT 20240920 4.0 CALL$
Kevinshn23
09-09
$NAT 20240920 4.0 CALL$
Kevinshn23
09-02
$GOOGL 20240906 175.0 CALL$
Kevinshn23
08-26
$NAT 20240920 4.0 CALL$
Kevinshn23
08-19
$NAT 20240920 4.0 CALL$
Kevinshn23
08-12
$GOOGL 20240816 175.0 CALL$
Kevinshn23
08-05
$NAT 20240920 4.0 CALL$
Kevinshn23
08-05
$NAT 20240920 4.0 CALL$
Kevinshn23
07-29
$NAT 20240816 4.0 CALL$
Kevinshn23
07-23
$Alphabet(GOOGL)$
Kevinshn23
07-19
Good news
Google CEO Sells $4.11M in Company Stock
Kevinshn23
07-15
$NAT 20240719 4.5 CALL$
Kevinshn23
07-08
$NAT 20240719 4.5 CALL$
Kevinshn23
07-03
Great article, would you like to share it?
@真灼传媒:【真灼港股動向】老虎證券獲證監會批出第9類牌照 爲香港投資者提供資產管理服務
Kevinshn23
07-03
Trump hype is the same as GME stock.
Is There Any Hope Left for Trump Media Stock?
Kevinshn23
07-01
$Alphabet(GOOGL)$
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v> ","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v> ","text":"$Alphabet(GOOGL)$","images":[{"img":"https://community-static.tradeup.com/news/53db6ddaf89b00c195392880269db308","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330379893195024","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":329285786636512,"gmtCreate":1721397697133,"gmtModify":1721397706010,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329285786636512","repostId":"2452468052","repostType":2,"repost":{"id":"2452468052","kind":"highlight","pubTimestamp":1721356627,"share":"https://ttm.financial/m/news/2452468052?lang=&edition=fundamental","pubTime":"2024-07-19 10:37","market":"sg","language":"en","title":"Google CEO Sells $4.11M in Company Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2452468052","media":"seekingalpha","summary":"Google (NASDAQ:GOOG)(NASDAQ:GOOGL) CEO Sundar Pichai sold 22,500 shares for $4.11M on Wednesday, according to an SEC filing. The shares ranged from $182.49 to $184.32 at the time of the transactions.\nPichai has sold nearly 250,000 shares over the past year. He still holds more than 2.2M shares.","content":"<html><head></head><body><p>Google CEO Sundar Pichai sold 22,500 shares for $4.11M on Wednesday, according to an SEC filing.</p><p>The shares ranged from $182.49 to $184.32 at the time of the transactions.</p><p>Pichai has sold nearly 250,000 shares over the past year. He still holds more than 2.2M shares.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google CEO Sells $4.11M in Company Stock</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\">\nGoogle CEO Sells $4.11M in Company Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-19 10:37 GMT+8 <a href=https://seekingalpha.com/news/4125716-google-ceo-sells-411m-in-company-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google CEO Sundar Pichai sold 22,500 shares for $4.11M on Wednesday, according to an SEC filing.The shares ranged from $182.49 to $184.32 at the time of the transactions.Pichai has sold nearly 250,000...</p>\n\n<a href=\"https://seekingalpha.com/news/4125716-google-ceo-sells-411m-in-company-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4587":"ChatGPT概念","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","BK4525":"远程办公概念","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4538":"云计算","BK4527":"明星科技股","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4574":"无人驾驶","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","BK4573":"虚拟现实","BK4581":"高盛持仓","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","GOOG":"谷歌","GOOGL":"谷歌A","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0079474960.USD":"联博美国增长基金A","BK4585":"ETF&股票定投概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0048584097.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://seekingalpha.com/news/4125716-google-ceo-sells-411m-in-company-stock","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2452468052","content_text":"Google CEO Sundar Pichai sold 22,500 shares for $4.11M on Wednesday, according to an SEC filing.The shares ranged from $182.49 to $184.32 at the time of the transactions.Pichai has sold nearly 250,000 shares over the past year. He still holds more than 2.2M shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327435450003536,"gmtCreate":1720973775439,"gmtModify":1721007424337,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NAT 20240719 4.5 CALL\">$NAT 20240719 4.5 CALL$</a> ","listText":"<a href=\"https://ttm.financial/OPT/NAT 20240719 4.5 CALL\">$NAT 20240719 4.5 CALL$</a> ","text":"$NAT 20240719 4.5 CALL$","images":[{"img":"https://community-static.tradeup.com/news/aeea8b214885c8a7f82a4de2216032f1","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327435450003536","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324971395109040,"gmtCreate":1720368224431,"gmtModify":1720402228712,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NAT 20240719 4.5 CALL\">$NAT 20240719 4.5 CALL$</a> ","listText":"<a href=\"https://ttm.financial/OPT/NAT 20240719 4.5 CALL\">$NAT 20240719 4.5 CALL$</a> ","text":"$NAT 20240719 4.5 CALL$","images":[{"img":"https://community-static.tradeup.com/news/ae8249875bb74e65387c695d9ce13ef4","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324971395109040","isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":323551618666672,"gmtCreate":1720017679310,"gmtModify":1720017681333,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323551618666672","repostId":"289142180757640","repostType":1,"repost":{"id":289142180757640,"gmtCreate":1711601022395,"gmtModify":1711602106014,"author":{"id":"4107320132914470","authorId":"4107320132914470","name":"真灼传媒","avatar":"https://static.tigerbbs.com/54ec1af9dc66dbb6c8710d73595d2675","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4107320132914470","authorIdStr":"4107320132914470"},"themes":[],"title":"【真灼港股動向】老虎證券獲證監會批出第9類牌照 爲香港投資者提供資產管理服務","htmlText":"真灼財經2024年3月 28日訊，老虎證券（香港）獲得香港證券及期貨事務監察委員會（證監會）批出提供資產管理服務的第9類牌照，未來可向投資者提供一系列的資產管理服務，包括面向零售及專業投資者的專戶服務，及管理針對專業投資者的集體投資計劃等。 <a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 「老虎將在香港組建一支擁有豐富經驗的資產管理團隊，秉持長期價值投資的理念，覆蓋多種類別策略，滿足不同類型客戶差異化風險收益偏好需求，實現客戶資產保值增值。除專業投資者外，此次牌照還獲准老虎爲零售投資者提供全權委託專戶服務，降低准入門坎。基於公司的科技基因，老虎還將配備一個易用的平臺界面，客戶可通過客戶端隨時查看持倉、淨值、盈虧，管理更爲透明。此外，隨着香港持續強化其作爲國際財富管理中心的地位、推出新資本投資者入境計劃吸引全球資本，老虎也期待推出全方位的專業服務，向客戶提供專屬定製化解決方案，爲加速推進香港資產及財富管理行業發展貢獻力量。」老虎國際合夥人徐楊表示。 自從踏入香港市場一年以來，老虎證券以一站式交易體驗及具有競爭力的交易費率，贏得衆多香港用戶青睞。除提供港股零佣金和零平臺費、美股期權零佣金外，公司在香港市場陸續推出老虎錢罌（Tiger Vault）、美債交易等財富管理產品和服務。最新財報顯示，老虎錢罌已成爲更多香港市場客戶進行閒置資金管理的產品選擇，2023年第四季香港持倉人數按季增長28.8%，AUM按季增長61.2%。 今年，公司於1月獲得香港證監會提升其第一類牌照條件，允許專業投資者通過老虎證券（香港）在證監會持牌平臺上交易虛擬資產，成爲互聯網券商中較早獲得該牌照升級的公司。此次獲批第9類牌照將有助於公司進一步在香港市場開拓業務圈。","listText":"真灼財經2024年3月 28日訊，老虎證券（香港）獲得香港證券及期貨事務監察委員會（證監會）批出提供資產管理服務的第9類牌照，未來可向投資者提供一系列的資產管理服務，包括面向零售及專業投資者的專戶服務，及管理針對專業投資者的集體投資計劃等。 <a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 「老虎將在香港組建一支擁有豐富經驗的資產管理團隊，秉持長期價值投資的理念，覆蓋多種類別策略，滿足不同類型客戶差異化風險收益偏好需求，實現客戶資產保值增值。除專業投資者外，此次牌照還獲准老虎爲零售投資者提供全權委託專戶服務，降低准入門坎。基於公司的科技基因，老虎還將配備一個易用的平臺界面，客戶可通過客戶端隨時查看持倉、淨值、盈虧，管理更爲透明。此外，隨着香港持續強化其作爲國際財富管理中心的地位、推出新資本投資者入境計劃吸引全球資本，老虎也期待推出全方位的專業服務，向客戶提供專屬定製化解決方案，爲加速推進香港資產及財富管理行業發展貢獻力量。」老虎國際合夥人徐楊表示。 自從踏入香港市場一年以來，老虎證券以一站式交易體驗及具有競爭力的交易費率，贏得衆多香港用戶青睞。除提供港股零佣金和零平臺費、美股期權零佣金外，公司在香港市場陸續推出老虎錢罌（Tiger Vault）、美債交易等財富管理產品和服務。最新財報顯示，老虎錢罌已成爲更多香港市場客戶進行閒置資金管理的產品選擇，2023年第四季香港持倉人數按季增長28.8%，AUM按季增長61.2%。 今年，公司於1月獲得香港證監會提升其第一類牌照條件，允許專業投資者通過老虎證券（香港）在證監會持牌平臺上交易虛擬資產，成爲互聯網券商中較早獲得該牌照升級的公司。此次獲批第9類牌照將有助於公司進一步在香港市場開拓業務圈。","text":"真灼財經2024年3月 28日訊，老虎證券（香港）獲得香港證券及期貨事務監察委員會（證監會）批出提供資產管理服務的第9類牌照，未來可向投資者提供一系列的資產管理服務，包括面向零售及專業投資者的專戶服務，及管理針對專業投資者的集體投資計劃等。 $老虎證券(TIGR)$ 「老虎將在香港組建一支擁有豐富經驗的資產管理團隊，秉持長期價值投資的理念，覆蓋多種類別策略，滿足不同類型客戶差異化風險收益偏好需求，實現客戶資產保值增值。除專業投資者外，此次牌照還獲准老虎爲零售投資者提供全權委託專戶服務，降低准入門坎。基於公司的科技基因，老虎還將配備一個易用的平臺界面，客戶可通過客戶端隨時查看持倉、淨值、盈虧，管理更爲透明。此外，隨着香港持續強化其作爲國際財富管理中心的地位、推出新資本投資者入境計劃吸引全球資本，老虎也期待推出全方位的專業服務，向客戶提供專屬定製化解決方案，爲加速推進香港資產及財富管理行業發展貢獻力量。」老虎國際合夥人徐楊表示。 自從踏入香港市場一年以來，老虎證券以一站式交易體驗及具有競爭力的交易費率，贏得衆多香港用戶青睞。除提供港股零佣金和零平臺費、美股期權零佣金外，公司在香港市場陸續推出老虎錢罌（Tiger Vault）、美債交易等財富管理產品和服務。最新財報顯示，老虎錢罌已成爲更多香港市場客戶進行閒置資金管理的產品選擇，2023年第四季香港持倉人數按季增長28.8%，AUM按季增長61.2%。 今年，公司於1月獲得香港證監會提升其第一類牌照條件，允許專業投資者通過老虎證券（香港）在證監會持牌平臺上交易虛擬資產，成爲互聯網券商中較早獲得該牌照升級的公司。此次獲批第9類牌照將有助於公司進一步在香港市場開拓業務圈。","images":[{"img":"https://static.tigerbbs.com/3ef83b1b1bb7be6aadf8c39afdda5347","width":"1000","height":"1000"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289142180757640","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323536010145984,"gmtCreate":1720013880785,"gmtModify":1720013884860,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Trump hype is the same as GME stock.","listText":"Trump hype is the same as GME stock.","text":"Trump hype is the same as GME stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323536010145984","repostId":"2448015894","repostType":4,"repost":{"id":"2448015894","kind":"highlight","pubTimestamp":1719983970,"share":"https://ttm.financial/m/news/2448015894?lang=&edition=fundamental","pubTime":"2024-07-03 13:19","market":"fut","language":"en","title":"Is There Any Hope Left for Trump Media Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2448015894","media":"Motley Fool","summary":"Truth Social's parent company is still a risky meme stock.","content":"<html><head></head><body><ul style=\"\"><li><p>Trump Media's stock is ridiculously overvalued relative to revenue -- and it's losing money on the bottom line.</p></li><li><p>Its share price is being propped up by Trump supporters and meme stock traders.</p></li><li><p>The stock will eventually be crushed by its sky-high valuations.</p></li></ul><p><strong>Trump Media </strong>(DJT 1.01%) has burned a lot of investors since it went public by merging with a special purpose acquisition (SPAC) company on March 26. Its stock opened at $70.90 on the first day, but it now trades at about $33.</p><p>Trump Media plunged because it was an overvalued meme stock. Even after its three-month decline, the social media company still has a market cap of about $5.9 billion -- which is more than 1,400 times the revenue it generated in 2023. Most investors would probably balk at buying shares of a company sporting such a sky-high valuation, but is there any hope for this controversial and volatile stock?</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a14e653d3e5993380fe50678e59d7b09\" tg-width=\"700\" tg-height=\"466\"/></p><p>Image source: Getty Images.</p><h2 id=\"id_3917188308\">Ambitious growth targets that it missed by a mile</h2><p>Trump Media owns Truth Social, a social media platform that was launched just over two years ago as an alternative to X (formerly Twitter). It says its goal is to "fight back against the big tech companies" that "curtail debate in America and censor voices."</p><p>In a SPAC presentation in November 2021, Trump Media said its revenue could increase from an estimated $1 million in 2022 to $3.67 billion in 2026 -- a whopping 678% compound annual growth rate. It said Truth Social's user base would grow from a target of 16 million in 2022 to 81 million in 2026, and asserted that it would increase its percentage of monetizable users from 5% to 26%. It also said its planned subscription-based streaming video service, TMTG+, would gain 40 million subscribers by 2026, eventually generate most of its revenue, and reduce its dependence on the Truth Social platform.</p><p>Those estimates were ambitious, but Trump Media stopped disclosing its growth in active users after it went public. According to the web traffic analytics specialists at SimilarWeb, Truth Social only had 76,463 daily active users in the week of May 19, down from 124,852 in the week ended March 31.</p><p>Former President Donald Trump, who owns a 65% stake in the company, only has 7.05 million followers on Truth Social -- compared to his 87.2 million followers on X and 24.8 million followers on <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong>' (META 0.09%) Instagram. Truth Social also hasn't provided a firm timeline yet for the planned launch of TMTG+.</p><p>Trump Media only generated $4.1 million in revenue in 2023, compared to its pre-merger estimate of $114.1 million for the year, and racked up a net loss of $58.2 million. In the first quarter of 2024, it generated just $770,500 in revenue and posted a net loss of $327.6 million. That's a grim situation for a company with only $273.7 million in cash and equivalents on its books.</p><h2 id=\"id_2460667548\">So how can Trump Media be worth $5.8 billion?</h2><p>Trump Media's stock doesn't have any fundamental support yet, so it could plummet by more than 90% and still be overvalued. However, its stock price is likely being propped up by Trump's supporters, many of whom see the stock as an indirect way to support his presidential campaign and cover his rising legal fees. Its volatility is also attracting a lot of attention from meme stock traders on <strong><a href=\"https://laohu8.com/S/RDDT\">Reddit</a></strong>'s (RDDT 4.23%) WallStreetBets subreddit.</p><p>The unpredictable support from those groups makes Trump Media a risky stock to short. That's why only 3% of its shares outstanding were still being shorted as of June 14, even as Chief Executive Officer Devin Nunes complained publicly that short sellers were driving its price lower.</p><h2 id=\"id_335271120\">This volatile meme stock will be weighed and found wanting</h2><p>Warren Buffett's mentor Benjamin Graham famously said: ""In the short run, the market is a voting machine but in the long run, it is a weighing machine." That's precisely what's going on with Trump Media's stock. It might be able to maintain its sky-high valuations for a few more quarters as the 2024 election drives more Trump supporters to its stock.</p><p>But looking further ahead, there's no way the company can grow into its current valuations. As we move from the voting phase to the weighing phase, Trump Media's stock will inevitably collapse and crush a lot of speculative traders. It might be a fun stock to trade right now with money you can afford to lose, but Trump Media simply doesn't have a future as a long-term investment.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is There Any Hope Left for Trump Media Stock?</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\">\nIs There Any Hope Left for Trump Media Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-03 13:19 GMT+8 <a href=https://www.fool.com/investing/2024/07/02/is-there-any-hope-left-for-trump-media-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trump Media's stock is ridiculously overvalued relative to revenue -- and it's losing money on the bottom line.Its share price is being propped up by Trump supporters and meme stock traders.The stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/07/02/is-there-any-hope-left-for-trump-media-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJT":"特朗普媒体科技集团","BK4211":"区域性银行"},"source_url":"https://www.fool.com/investing/2024/07/02/is-there-any-hope-left-for-trump-media-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2448015894","content_text":"Trump Media's stock is ridiculously overvalued relative to revenue -- and it's losing money on the bottom line.Its share price is being propped up by Trump supporters and meme stock traders.The stock will eventually be crushed by its sky-high valuations.Trump Media (DJT 1.01%) has burned a lot of investors since it went public by merging with a special purpose acquisition (SPAC) company on March 26. Its stock opened at $70.90 on the first day, but it now trades at about $33.Trump Media plunged because it was an overvalued meme stock. Even after its three-month decline, the social media company still has a market cap of about $5.9 billion -- which is more than 1,400 times the revenue it generated in 2023. Most investors would probably balk at buying shares of a company sporting such a sky-high valuation, but is there any hope for this controversial and volatile stock?Image source: Getty Images.Ambitious growth targets that it missed by a mileTrump Media owns Truth Social, a social media platform that was launched just over two years ago as an alternative to X (formerly Twitter). It says its goal is to \"fight back against the big tech companies\" that \"curtail debate in America and censor voices.\"In a SPAC presentation in November 2021, Trump Media said its revenue could increase from an estimated $1 million in 2022 to $3.67 billion in 2026 -- a whopping 678% compound annual growth rate. It said Truth Social's user base would grow from a target of 16 million in 2022 to 81 million in 2026, and asserted that it would increase its percentage of monetizable users from 5% to 26%. It also said its planned subscription-based streaming video service, TMTG+, would gain 40 million subscribers by 2026, eventually generate most of its revenue, and reduce its dependence on the Truth Social platform.Those estimates were ambitious, but Trump Media stopped disclosing its growth in active users after it went public. According to the web traffic analytics specialists at SimilarWeb, Truth Social only had 76,463 daily active users in the week of May 19, down from 124,852 in the week ended March 31.Former President Donald Trump, who owns a 65% stake in the company, only has 7.05 million followers on Truth Social -- compared to his 87.2 million followers on X and 24.8 million followers on Meta Platforms' (META 0.09%) Instagram. Truth Social also hasn't provided a firm timeline yet for the planned launch of TMTG+.Trump Media only generated $4.1 million in revenue in 2023, compared to its pre-merger estimate of $114.1 million for the year, and racked up a net loss of $58.2 million. In the first quarter of 2024, it generated just $770,500 in revenue and posted a net loss of $327.6 million. That's a grim situation for a company with only $273.7 million in cash and equivalents on its books.So how can Trump Media be worth $5.8 billion?Trump Media's stock doesn't have any fundamental support yet, so it could plummet by more than 90% and still be overvalued. However, its stock price is likely being propped up by Trump's supporters, many of whom see the stock as an indirect way to support his presidential campaign and cover his rising legal fees. Its volatility is also attracting a lot of attention from meme stock traders on Reddit's (RDDT 4.23%) WallStreetBets subreddit.The unpredictable support from those groups makes Trump Media a risky stock to short. That's why only 3% of its shares outstanding were still being shorted as of June 14, even as Chief Executive Officer Devin Nunes complained publicly that short sellers were driving its price lower.This volatile meme stock will be weighed and found wantingWarren Buffett's mentor Benjamin Graham famously said: \"\"In the short run, the market is a voting machine but in the long run, it is a weighing machine.\" That's precisely what's going on with Trump Media's stock. It might be able to maintain its sky-high valuations for a few more quarters as the 2024 election drives more Trump supporters to its stock.But looking further ahead, there's no way the company can grow into its current valuations. As we move from the voting phase to the weighing phase, Trump Media's stock will inevitably collapse and crush a lot of speculative traders. It might be a fun stock to trade right now with money you can afford to lose, but Trump Media simply doesn't have a future as a long-term investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322492729155688,"gmtCreate":1719763937355,"gmtModify":1719763942265,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v> ","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v> ","text":"$Alphabet(GOOGL)$","images":[{"img":"https://community-static.tradeup.com/news/18e5eb53787c6af7a4d5a6c58171d7ed","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322492729155688","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":305132672934152,"gmtCreate":1715529781263,"gmtModify":1716199782888,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/GOOGL 20240517 160.0 PUT\">$GOOGL 20240517 160.0 PUT$</a> ","listText":"<a href=\"https://ttm.financial/OPT/GOOGL 20240517 160.0 PUT\">$GOOGL 20240517 160.0 PUT$</a> ","text":"$GOOGL 20240517 160.0 PUT$","images":[{"img":"https://community-static.tradeup.com/news/f012a74f596b78a0784cfd9ca7d5a41b","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":57,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/305132672934152","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":364932240556184,"gmtCreate":1730105025475,"gmtModify":1730105028792,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NAT 20250117 4.0 CALL\">$NAT 20250117 4.0 CALL$</a> ","listText":"<a href=\"https://ttm.financial/OPT/NAT 20250117 4.0 CALL\">$NAT 20250117 4.0 CALL$</a> ","text":"$NAT 20250117 4.0 CALL$","images":[{"img":"https://community-static.tradeup.com/news/903c1869708173fc84e182e694fd6d45","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364932240556184","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349894250778768,"gmtCreate":1726451399752,"gmtModify":1726451403082,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NAT 20240920 4.0 CALL\">$NAT 20240920 4.0 CALL$</a> ","listText":"<a href=\"https://ttm.financial/OPT/NAT 20240920 4.0 CALL\">$NAT 20240920 4.0 CALL$</a> ","text":"$NAT 20240920 4.0 CALL$","images":[{"img":"https://community-static.tradeup.com/news/de9ef8442fec0ee6a3adc0552a931683","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349894250778768","isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":283522207739952,"gmtCreate":1710258257605,"gmtModify":1710258261302,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"If there are more applications available we cansee, ai bubble won't be a problem.","listText":"If there are more applications available we cansee, ai bubble won't be a problem.","text":"If there are more applications available we cansee, ai bubble won't be a problem.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/283522207739952","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301170169888960,"gmtCreate":1714547378864,"gmtModify":1714547382977,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"1\"></v-v> I have a put contract on side of sell at $170.","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"1\"></v-v> I have a put contract on side of sell at $170.","text":"$Apple(AAPL)$ I have a put contract on side of sell at $170.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301170169888960","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289503157645560,"gmtCreate":1711686127215,"gmtModify":1711686130912,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/GOOGL 20240328 146.0 PUT\">$GOOGL 20240328 146.0 PUT$</a> Great !","listText":"<a href=\"https://ttm.financial/OPT/GOOGL 20240328 146.0 PUT\">$GOOGL 20240328 146.0 PUT$</a> Great !","text":"$GOOGL 20240328 146.0 PUT$ Great !","images":[{"img":"https://community-static.tradeup.com/news/961c5064b49c41281a7e323355adac79","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289503157645560","isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":283522250244328,"gmtCreate":1710258172797,"gmtModify":1710258176673,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Chance for rate cut is diminishing, still long gold in long term.","listText":"Chance for rate cut is diminishing, still long gold in long term.","text":"Chance for rate cut is diminishing, still long gold in long term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283522250244328","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380325836296448,"gmtCreate":1733889545360,"gmtModify":1733889548449,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NAT 20250117 4.0 CALL\">$NAT 20250117 4.0 CALL$</a> ","listText":"<a href=\"https://ttm.financial/OPT/NAT 20250117 4.0 CALL\">$NAT 20250117 4.0 CALL$</a> ","text":"$NAT 20250117 4.0 CALL$","images":[{"img":"https://community-static.tradeup.com/news/a0fb0dda0e704d7253dea0ba510f1746","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380325836296448","isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":295681393016920,"gmtCreate":1713197763915,"gmtModify":1713197766927,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295681393016920","repostId":"2427735307","repostType":4,"repost":{"id":"2427735307","kind":"highlight","pubTimestamp":1713195825,"share":"https://ttm.financial/m/news/2427735307?lang=&edition=fundamental","pubTime":"2024-04-15 23:43","market":"us","language":"en","title":"3 AI Stocks That Are Taking the Fight to Nvidia","url":"https://stock-news.laohu8.com/highlight/detail?id=2427735307","media":"Motley Fool","summary":"Nvidia GPUs dominate the AI chip market. These players are hoping to change that.","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia's processors are the gold standard for training and running AI systems.</p></li><li><p>Rivals and customers alike have been scrambling to develop competing solutions.</p></li><li><p>There was a flurry of announcements detailing offerings by Intel, Alphabet, and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>.</p></li></ul><p>If there is one stock that exemplifies the potential to profit from artificial intelligence (AI), it would have to be <strong>Nvidia</strong>. The company pioneered the graphics processing unit (GPU) that rendered lifelike images in video games. What makes these chips so effective is parallel processing, which takes computationally complex jobs and breaks them up into smaller, more manageable chunks. Nvidia was able to adapt this technology to handle the rigors of AI, making it arguably the most successful company in the AI chip space.</p><p>However, as demand for AI has accelerated, numerous technology stalwarts have been working furiously behind the scenes to come up with viable alternatives to Nvidia's industry-leading processors. This week saw a number of announcements as rivals unveiled the fruit of these efforts.</p><p>Let's take a look at three.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d762b272d4a258c586b9c759e560be66\" title=\"\" tg-width=\"700\" tg-height=\"393\"/></p><p>Image source: Getty Images.</p><h2 id=\"id_174338693\">1. Intel</h2><p><strong>Intel</strong> unveiled its latest AI chip, dubbed Gaudi 3, in a direct challenge to Nvidia's GPU dominance. The company claims that Gaudi can train AI models nearly twice as fast as Nvidia's H100 flagship data center processor and 50% faster for inference -- running AI models that have already been trained. The company also said Gaudi delivered all that performance with 40% better power efficiency than the H100 "at a fraction of the cost," according to Intel.</p><p>It's important to note that Nvidia recently unveiled the successor to its H100, its Blackwell B200 AI GPU, which will begin shipping later this year. While Gaudi wasn't compared to the B200, the company said, "We do expect it to be highly competitive" against Nvidia's latest processor, calling Gaudi "a strong offering."</p><p>Intel is likely not looking to outperform Nvidia's most recent AI chips but rather offer enterprises a cheaper alternative. It's also worth noting that there's been an ongoing shortage of Nvidia's H100 and H200 chips, creating a bottleneck in AI adoption. Intel's latest offering could help alleviate the backlog.</p><h2 id=\"id_2531580240\">2. Meta Platforms</h2><p><strong>Meta Platforms</strong> announced the Meta Training and Inference Accelerator (MTIA) v2, a custom AI chip that runs in the company's data centers. Meta announced that the latest version of its MTIA "more than doubles the compute and memory bandwidth" of its predecessor. Early results suggest the new processor performs three times better than the first version.</p><p>Meta noted that it's trying to provide "the right balance of compute, memory bandwidth, and memory capacity" with its latest chip. The company isn't using these chips for AI processing; at least, not yet. Meta is using the processors to improve the speed and efficiency of its ranking and recommendation systems, used to surface relevant content on its social media sites and target advertising.</p><p>Meta is one of Nvidia's biggest customers, so if it is successful in its AI chip efforts, the company could reduce its dependency on Nvidia's AI processors.</p><h2 id=\"id_2315318828\">3. Alphabet</h2><p>At the Google Cloud Next event, <strong>Alphabet</strong> announced the availability of Cloud Tensor Processing Unit (TPU) v5p, the latest version of its AI-centric processor. The company said its Cloud TPU can train large language models (LLMs) -- which underpin AI systems -- three times faster than version 4.</p><p>As is generally the case, Google's TPUs won't be sold but will be available on Google Cloud later this year.</p><p>However, in a blog post, Google noted that it's expanding its Nvidia GPU capabilities with the addition of the A3 Mega Supercomputer, which is powered by Nvidia H100 GPUs. Google Cloud customers will also have access to virtual machines (VM) featuring Nvidia's Blackwell B200 and Grace Blackwell GB200 GPUs.</p><p>Google also unveiled Axion, its first data center central processing unit (CPU), designed in conjunction with <strong>Arm Holdings</strong>. Google says Axion is 30% faster than the leading CPU, with 50% better performance and 62% greater efficiency than x86 chips from Intel and <strong>Advanced Micro Devices</strong> (NASDAQ: AMD).</p><h2 id=\"id_3852744177\">An important takeaway for Nvidia investors</h2><p>While Intel intends to compete directly with Nvidia for a piece of the AI chip market, Meta Platforms and Alphabet are developing their own AI chips for specific purposes, either in-house or for cloud customers. Furthermore, while Intel claims its AI-centric chips can compete head-to-head with Nvidia's flagship processors, Nvidia has already moved on and will soon be shipping the next version of its state-of-the-art AI processors.</p><p>This helps highlight Nvidia's enviable position in the industry -- its rivals are always playing catch-up. They claim to best Nvidia in terms of performance, but their bragging rights don't last, as Nvidia's next-generation chips are already on the way.</p><p>It's also important to point out that the market for generative AI is growing at a rapid clip, increasing the market for these cutting-edge processors. As a result, Nvidia will likely maintain its industry-leading position, even as rivals enter the fray.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 AI Stocks That Are Taking the Fight to Nvidia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 AI Stocks That Are Taking the Fight to Nvidia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-15 23:43 GMT+8 <a href=https://www.fool.com/investing/2024/04/13/3-artificial-intelligence-ai-stocks-that-are-takin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia's processors are the gold standard for training and running AI systems.Rivals and customers alike have been scrambling to develop competing solutions.There was a flurry of announcements ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/13/3-artificial-intelligence-ai-stocks-that-are-takin/\">Web Link</a>\n\n</div>\n\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)","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251142724.SGD":"Fidelity America A-SGD","BK4525":"远程办公概念","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4587":"ChatGPT概念","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4543":"AI","BK4527":"明星科技股","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0444971666.USD":"天利全球科技基金","BK4588":"碎股","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","INTC":"英特尔","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","BK4549":"软银资本持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","GOOG":"谷歌","LU0238689110.USD":"贝莱德环球动力股票基金","NVDA":"英伟达","BK4548":"巴美列捷福持仓","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0072462426.USD":"贝莱德全球配置 A2","GOOGL":"谷歌A","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","AMD":"美国超微公司","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4534":"瑞士信贷持仓"},"source_url":"https://www.fool.com/investing/2024/04/13/3-artificial-intelligence-ai-stocks-that-are-takin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2427735307","content_text":"Nvidia's processors are the gold standard for training and running AI systems.Rivals and customers alike have been scrambling to develop competing solutions.There was a flurry of announcements detailing offerings by Intel, Alphabet, and Meta Platforms.If there is one stock that exemplifies the potential to profit from artificial intelligence (AI), it would have to be Nvidia. The company pioneered the graphics processing unit (GPU) that rendered lifelike images in video games. What makes these chips so effective is parallel processing, which takes computationally complex jobs and breaks them up into smaller, more manageable chunks. Nvidia was able to adapt this technology to handle the rigors of AI, making it arguably the most successful company in the AI chip space.However, as demand for AI has accelerated, numerous technology stalwarts have been working furiously behind the scenes to come up with viable alternatives to Nvidia's industry-leading processors. This week saw a number of announcements as rivals unveiled the fruit of these efforts.Let's take a look at three.Image source: Getty Images.1. IntelIntel unveiled its latest AI chip, dubbed Gaudi 3, in a direct challenge to Nvidia's GPU dominance. The company claims that Gaudi can train AI models nearly twice as fast as Nvidia's H100 flagship data center processor and 50% faster for inference -- running AI models that have already been trained. The company also said Gaudi delivered all that performance with 40% better power efficiency than the H100 \"at a fraction of the cost,\" according to Intel.It's important to note that Nvidia recently unveiled the successor to its H100, its Blackwell B200 AI GPU, which will begin shipping later this year. While Gaudi wasn't compared to the B200, the company said, \"We do expect it to be highly competitive\" against Nvidia's latest processor, calling Gaudi \"a strong offering.\"Intel is likely not looking to outperform Nvidia's most recent AI chips but rather offer enterprises a cheaper alternative. It's also worth noting that there's been an ongoing shortage of Nvidia's H100 and H200 chips, creating a bottleneck in AI adoption. Intel's latest offering could help alleviate the backlog.2. Meta PlatformsMeta Platforms announced the Meta Training and Inference Accelerator (MTIA) v2, a custom AI chip that runs in the company's data centers. Meta announced that the latest version of its MTIA \"more than doubles the compute and memory bandwidth\" of its predecessor. Early results suggest the new processor performs three times better than the first version.Meta noted that it's trying to provide \"the right balance of compute, memory bandwidth, and memory capacity\" with its latest chip. The company isn't using these chips for AI processing; at least, not yet. Meta is using the processors to improve the speed and efficiency of its ranking and recommendation systems, used to surface relevant content on its social media sites and target advertising.Meta is one of Nvidia's biggest customers, so if it is successful in its AI chip efforts, the company could reduce its dependency on Nvidia's AI processors.3. AlphabetAt the Google Cloud Next event, Alphabet announced the availability of Cloud Tensor Processing Unit (TPU) v5p, the latest version of its AI-centric processor. The company said its Cloud TPU can train large language models (LLMs) -- which underpin AI systems -- three times faster than version 4.As is generally the case, Google's TPUs won't be sold but will be available on Google Cloud later this year.However, in a blog post, Google noted that it's expanding its Nvidia GPU capabilities with the addition of the A3 Mega Supercomputer, which is powered by Nvidia H100 GPUs. Google Cloud customers will also have access to virtual machines (VM) featuring Nvidia's Blackwell B200 and Grace Blackwell GB200 GPUs.Google also unveiled Axion, its first data center central processing unit (CPU), designed in conjunction with Arm Holdings. Google says Axion is 30% faster than the leading CPU, with 50% better performance and 62% greater efficiency than x86 chips from Intel and Advanced Micro Devices (NASDAQ: AMD).An important takeaway for Nvidia investorsWhile Intel intends to compete directly with Nvidia for a piece of the AI chip market, Meta Platforms and Alphabet are developing their own AI chips for specific purposes, either in-house or for cloud customers. Furthermore, while Intel claims its AI-centric chips can compete head-to-head with Nvidia's flagship processors, Nvidia has already moved on and will soon be shipping the next version of its state-of-the-art AI processors.This helps highlight Nvidia's enviable position in the industry -- its rivals are always playing catch-up. They claim to best Nvidia in terms of performance, but their bragging rights don't last, as Nvidia's next-generation chips are already on the way.It's also important to point out that the market for generative AI is growing at a rapid clip, increasing the market for these cutting-edge processors. As a result, Nvidia will likely maintain its industry-leading position, even as rivals enter the fray.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":294591701057704,"gmtCreate":1712940231803,"gmtModify":1712940235870,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Great 👍","listText":"Great 👍","text":"Great 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/294591701057704","repostId":"2426735638","repostType":4,"repost":{"id":"2426735638","kind":"highlight","pubTimestamp":1712932632,"share":"https://ttm.financial/m/news/2426735638?lang=&edition=fundamental","pubTime":"2024-04-12 22:37","market":"sg","language":"en","title":"Google Briefly Eclipses $2T Market Cap During Intraday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2426735638","media":"Seekingalpha","summary":"Alphabet attained rare status Friday morning as the company briefly eclipsed the $2T market capitalization value during morning trading before falling back. Shares were down 0.25% at 10:30 a.m. EST. On Thursday, Google shares closed at an all-time high of $160.79, elevating the market cap to $1.99T. The only other U.S. companies to surpass the $2T market cap include Magnificent 7 peers Apple , Microsoft and Nvidia . Google has climbed 14% year to date on its march to a $2T market cap. It gained more traction during the week in progress as the company unveiled its advances in monetizing AI during the Google Cloud Next 2024 event in Las Vegas. More on Alphabet, Alphabet, etc. Google Integrates Gemini GenAI Into Workspace Google: Why It Could Be Losing The AI Race ChatGPT Is An Existential Threat To Google Search's Ad-Based Model Epic Games seeks reform of Google's app store in new court filing - report Magnificent 7 stocks all shift higher along with tech sector","content":"<html><head></head><body><p>Alphabet attained rare status Friday morning as the company briefly eclipsed the $2T market capitalization value during morning trading before falling back.</p><p>Shares were down 0.7% at 10:30 a.m. EST.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3366c22a31a030252e01376407ef1543\" tg-width=\"804\" tg-height=\"616\"/></p><p>On Thursday, Google shares closed at an all-time high of $160.79, elevating the market cap to $1.99T.</p><p>The only other U.S. companies to surpass the $2T market cap include Magnificent 7 peers Apple (AAPL), Microsoft (MSFT) and Nvidia (NVDA).</p><p>Google has climbed 14% year to date on its march to a $2T market cap.</p><p>It gained more traction during the week in progress as the company unveiled its advances in monetizing AI during the Google Cloud Next 2024 event in Las Vegas.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Briefly Eclipses $2T Market Cap During Intraday Trading</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\">\nGoogle Briefly Eclipses $2T Market Cap During Intraday Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-12 22:37 GMT+8 <a href=https://seekingalpha.com/news/4089282-google-briefly-eclipses-2t-market-cap-during-intraday-trading><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet attained rare status Friday morning as the company briefly eclipsed the $2T market capitalization value during morning trading before falling back.Shares were down 0.7% at 10:30 a.m. EST.On ...</p>\n\n<a href=\"https://seekingalpha.com/news/4089282-google-briefly-eclipses-2t-market-cap-during-intraday-trading\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://seekingalpha.com/news/4089282-google-briefly-eclipses-2t-market-cap-during-intraday-trading","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2426735638","content_text":"Alphabet attained rare status Friday morning as the company briefly eclipsed the $2T market capitalization value during morning trading before falling back.Shares were down 0.7% at 10:30 a.m. EST.On Thursday, Google shares closed at an all-time high of $160.79, elevating the market cap to $1.99T.The only other U.S. companies to surpass the $2T market cap include Magnificent 7 peers Apple (AAPL), Microsoft (MSFT) and Nvidia (NVDA).Google has climbed 14% year to date on its march to a $2T market cap.It gained more traction during the week in progress as the company unveiled its advances in monetizing AI during the Google Cloud Next 2024 event in Las Vegas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287519129706592,"gmtCreate":1711217791447,"gmtModify":1711217793582,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287519129706592","repostId":"1155939354","repostType":2,"repost":{"id":"1155939354","kind":"news","pubTimestamp":1711154873,"share":"https://ttm.financial/m/news/1155939354?lang=&edition=fundamental","pubTime":"2024-03-23 08:47","market":"us","language":"en","title":"All-Tolerant Powell Sends Wall Street Into a Buying Frenzy","url":"https://stock-news.laohu8.com/highlight/detail?id=1155939354","media":"Bloomberg","summary":"Credit ETFs enjoy largest inflows since Fed’s pandemic rescueStocks poised for best rally in the run-up to an easing cycleArguments on Wall Street rage anew over Federal Reserve policy — and how Jerom","content":"<html><head></head><body><ul style=\"\"><li><p>Credit ETFs enjoy largest inflows since Fed’s pandemic rescue</p></li><li><p>Stocks poised for best rally in the run-up to an easing cycle</p></li></ul><p>Arguments on Wall Street rage anew over Federal Reserve policy — and how Jerome Powell should handle soaring asset prices. Yet for traders there’s no debate about what to do right now as they sink money across markets of all stripes.</p><p>More cash has been sent to exchange-traded funds tracking corporate bonds over five months than any time since the Fed was propping up the market during the Covid-19 pandemic — $46 billion in all. All told, ETFs tracking stocks, fixed income and commodities lured $374 billion over the stretch, the most in two years.</p><p>In the run-up to potentially three interest-rate cuts this year, the equity rally of late has no real precedent. The S&P 500 has surged 27% since October — on track for the biggest-ever advance since at least 1970 ahead of a likely monetary-easing cycle, according to data compiled by Ned Davis Research and Bloomberg.</p><p>Now stocks just had their best week of the year as the Fed meeting and accompanying press conference added fuel to a fire that’s been burning in markets since October.</p><p>Traders sensed a change in tone: Growing comfort among policy makers with a slower road to their 2% inflation goal, as Powell repeatedly said the path will be “bumpy.” Asked about financial conditions, the Fed chief said they are restrictive — a proposition many consider dubious at best given $13 trillion has been added to stock and bond values since October alone.</p><p>“What matters at these times is what is said and not what should be said,” said Michael Shaoul, chief executive officer at Marketfield Asset Management. “From our perspective, the FOMC has overestimated the progress made against inflation and is underestimating the risk of asset booms moving uncontrollably higher.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b886daed55e61864266566a5d6dac75d\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Move higher they did in a week in which Powell’s refusal to mention markets or fret excessively over hotter-than-forecast consumer price data burnished his growing reputation as investors’ ally-in-chief — disinclined to take the bait to jawbone markets lower. Newly released Fed estimates showed policy makers remain committed to three rate reductions in 2024 even as their forecasts for inflation and growth tick up. Bond traders assigned 69% odds for the first cut to happen in June.</p><p>To be sure, both traders and the Fed have overestimated prospects for dovishness before, and with technology stocks in the S&P 500 trading near 30 times earnings estimates, even a widely anticipated easing cycle may not be enough to goose returns further. For now, at least, the celebration showed few signs of slowing.</p><p>Volatility has been easing across assets especially Treasuries, where previous bouts of turmoil had impeded gains in stocks, crypto and credit. The ICE BofA MOVE Index, which tracks expected turbulence in US bonds via options on interest-rate swaps, now sits near levels last seen before the central bank kicked off its policy-tightening campaign in 2022.</p><p>For the first week this year, equities, fixed income and commodities posted harmonized gains, going by ETFs tracking their returns. While Bitcoin retreated after surpassing $73,000 for the first time, the largest cryptocurrency is still up 50% since January.</p><p>The Fed’s reiteration of its dovish outlook drew criticism from the likes of former Treasury Secretary Lawrence Summers, who doubted the urgency of lowering rates. Yet with Powell signaling willingness to let the economy run hot, bulls took it as a buy signal. Two-year Treasury yields fell while stocks jumped to all-time highs.</p><p>Exactly four years after the Fed announced plans to purchase corporate-bond ETFs to help ease market stress during the pandemic crisis, sentiment is indisputably more upbeat. The extra yield that investors demand for holding corporate debt has narrowed to levels not seen since 2021.</p><p>Up almost 1%, the S&P 500 on Wednesday scored the eighth-best post-announcement performance for a Fed day during Powell’s tenure, according to data compiled by Bespoke Investment Group. The reaction contrasted with January, when Powell threw cold water on investors’ hopes that rate reductions would begin in March. The buoyancy also bucked a trend since he took the helm in 2018, in which the equity benchmark has tended to slide from afternoon’s press release to the market close.</p><p>“Just as we live in a world defined by a rapid pace of technological change, the way the market reacts to Powell Fed meetings may also be starting to shift,” said Paul Hickey, a co-founder of Bespoke. “If rate hikes are out of the equation, investors are willing to be patient with the timeline of rate cuts.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b41fc3fb796930d63458d17ade1bb086\" tg-width=\"891\" tg-height=\"550\"/></p><p>From small-caps to industrial shares, all major equity indexes climbed in a week that was packed with central bank decisions and a widely watched event hosted by Nvidia Corp., the poster child of the artificial intelligence craze. Shares of the chipmaker advanced for a record 11th straight week as Chief Executive Officer Jensen Huang unveiled a new processor design called Blackwell.</p><p>The market resilience caught Andrew Tyler by surprise.</p><p>“We entered the week cautious that TMT events could be sell-the-news events and with risk that the Fed made a hawkish pivot following the recent inflection higher in inflation data,” Tyler, the head of US market intelligence at JPMorgan Chase & Co., wrote in a note to clients. “Clearly, that did not work out.”</p><p>He’s not alone in under-estimating Powell’s patience in the inflation-fighting campaign. Investors pulled $24 billion out of US stock ETFs in the week through the Fed day, only to come back and add almost $2 billion the following session, according to data compiled by Bloomberg.</p><p>While every cycle is different, history shows investors would be better off sticking around if the Fed’s rate scenario pans out. All but one of the previous 12 rate-cut cycles saw stocks go up, with the S&P 500 climbing a median 15%. The favorable pattern is also true for Treasuries and corporate bonds even though their performance tracked by Bloomberg indexes doesn’t go back as far.</p><p>Christian Hoffmann, a portfolio manager at Thornburg Investment Management, said he was disappointed that Powell didn’t make a strong commitment to the central bank’s inflation target. The Fed chair needs to walk a fine line in a year of presidential elections, where any major policy shift could draw ire from either Republicans or Democrats, he added.</p><p>“The Fed is signaling to me that they may be quietly quitting their immediate goal of 2% inflation with a willingness to tolerate higher inflation,” Hoffmann said. “In theory, the Fed is an apolitical organization, sensitive to scrutiny and criticism. Making big changes to monetary policy into a contentious election could present troubling optics.”</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>All-Tolerant Powell Sends Wall Street Into a Buying Frenzy</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\">\nAll-Tolerant Powell Sends Wall Street Into a Buying Frenzy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-23 08:47 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-03-22/all-tolerant-powell-sends-wall-street-bulls-into-a-buying-frenzy><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Credit ETFs enjoy largest inflows since Fed’s pandemic rescueStocks poised for best rally in the run-up to an easing cycleArguments on Wall Street rage anew over Federal Reserve policy — and how ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-22/all-tolerant-powell-sends-wall-street-bulls-into-a-buying-frenzy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-22/all-tolerant-powell-sends-wall-street-bulls-into-a-buying-frenzy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155939354","content_text":"Credit ETFs enjoy largest inflows since Fed’s pandemic rescueStocks poised for best rally in the run-up to an easing cycleArguments on Wall Street rage anew over Federal Reserve policy — and how Jerome Powell should handle soaring asset prices. Yet for traders there’s no debate about what to do right now as they sink money across markets of all stripes.More cash has been sent to exchange-traded funds tracking corporate bonds over five months than any time since the Fed was propping up the market during the Covid-19 pandemic — $46 billion in all. All told, ETFs tracking stocks, fixed income and commodities lured $374 billion over the stretch, the most in two years.In the run-up to potentially three interest-rate cuts this year, the equity rally of late has no real precedent. The S&P 500 has surged 27% since October — on track for the biggest-ever advance since at least 1970 ahead of a likely monetary-easing cycle, according to data compiled by Ned Davis Research and Bloomberg.Now stocks just had their best week of the year as the Fed meeting and accompanying press conference added fuel to a fire that’s been burning in markets since October.Traders sensed a change in tone: Growing comfort among policy makers with a slower road to their 2% inflation goal, as Powell repeatedly said the path will be “bumpy.” Asked about financial conditions, the Fed chief said they are restrictive — a proposition many consider dubious at best given $13 trillion has been added to stock and bond values since October alone.“What matters at these times is what is said and not what should be said,” said Michael Shaoul, chief executive officer at Marketfield Asset Management. “From our perspective, the FOMC has overestimated the progress made against inflation and is underestimating the risk of asset booms moving uncontrollably higher.”Move higher they did in a week in which Powell’s refusal to mention markets or fret excessively over hotter-than-forecast consumer price data burnished his growing reputation as investors’ ally-in-chief — disinclined to take the bait to jawbone markets lower. Newly released Fed estimates showed policy makers remain committed to three rate reductions in 2024 even as their forecasts for inflation and growth tick up. Bond traders assigned 69% odds for the first cut to happen in June.To be sure, both traders and the Fed have overestimated prospects for dovishness before, and with technology stocks in the S&P 500 trading near 30 times earnings estimates, even a widely anticipated easing cycle may not be enough to goose returns further. For now, at least, the celebration showed few signs of slowing.Volatility has been easing across assets especially Treasuries, where previous bouts of turmoil had impeded gains in stocks, crypto and credit. The ICE BofA MOVE Index, which tracks expected turbulence in US bonds via options on interest-rate swaps, now sits near levels last seen before the central bank kicked off its policy-tightening campaign in 2022.For the first week this year, equities, fixed income and commodities posted harmonized gains, going by ETFs tracking their returns. While Bitcoin retreated after surpassing $73,000 for the first time, the largest cryptocurrency is still up 50% since January.The Fed’s reiteration of its dovish outlook drew criticism from the likes of former Treasury Secretary Lawrence Summers, who doubted the urgency of lowering rates. Yet with Powell signaling willingness to let the economy run hot, bulls took it as a buy signal. Two-year Treasury yields fell while stocks jumped to all-time highs.Exactly four years after the Fed announced plans to purchase corporate-bond ETFs to help ease market stress during the pandemic crisis, sentiment is indisputably more upbeat. The extra yield that investors demand for holding corporate debt has narrowed to levels not seen since 2021.Up almost 1%, the S&P 500 on Wednesday scored the eighth-best post-announcement performance for a Fed day during Powell’s tenure, according to data compiled by Bespoke Investment Group. The reaction contrasted with January, when Powell threw cold water on investors’ hopes that rate reductions would begin in March. The buoyancy also bucked a trend since he took the helm in 2018, in which the equity benchmark has tended to slide from afternoon’s press release to the market close.“Just as we live in a world defined by a rapid pace of technological change, the way the market reacts to Powell Fed meetings may also be starting to shift,” said Paul Hickey, a co-founder of Bespoke. “If rate hikes are out of the equation, investors are willing to be patient with the timeline of rate cuts.”From small-caps to industrial shares, all major equity indexes climbed in a week that was packed with central bank decisions and a widely watched event hosted by Nvidia Corp., the poster child of the artificial intelligence craze. Shares of the chipmaker advanced for a record 11th straight week as Chief Executive Officer Jensen Huang unveiled a new processor design called Blackwell.The market resilience caught Andrew Tyler by surprise.“We entered the week cautious that TMT events could be sell-the-news events and with risk that the Fed made a hawkish pivot following the recent inflection higher in inflation data,” Tyler, the head of US market intelligence at JPMorgan Chase & Co., wrote in a note to clients. “Clearly, that did not work out.”He’s not alone in under-estimating Powell’s patience in the inflation-fighting campaign. Investors pulled $24 billion out of US stock ETFs in the week through the Fed day, only to come back and add almost $2 billion the following session, according to data compiled by Bloomberg.While every cycle is different, history shows investors would be better off sticking around if the Fed’s rate scenario pans out. All but one of the previous 12 rate-cut cycles saw stocks go up, with the S&P 500 climbing a median 15%. The favorable pattern is also true for Treasuries and corporate bonds even though their performance tracked by Bloomberg indexes doesn’t go back as far.Christian Hoffmann, a portfolio manager at Thornburg Investment Management, said he was disappointed that Powell didn’t make a strong commitment to the central bank’s inflation target. The Fed chair needs to walk a fine line in a year of presidential elections, where any major policy shift could draw ire from either Republicans or Democrats, he added.“The Fed is signaling to me that they may be quietly quitting their immediate goal of 2% inflation with a willingness to tolerate higher inflation,” Hoffmann said. “In theory, the Fed is an apolitical organization, sensitive to scrutiny and criticism. Making big changes to monetary policy into a contentious election could present troubling optics.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283523264454704,"gmtCreate":1710258515592,"gmtModify":1710258520562,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Nvidia is still a stong company that makes huge profit for selling advanced chips for companies like mfst used for training AI model, which is helpful for optimistic valuations.","listText":"Nvidia is still a stong company that makes huge profit for selling advanced chips for companies like mfst used for training AI model, which is helpful for optimistic valuations.","text":"Nvidia is still a stong company that makes huge profit for selling advanced chips for companies like mfst used for training AI model, which is helpful for optimistic valuations.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283523264454704","isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315255105478856,"gmtCreate":1717998033466,"gmtModify":1717998038487,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Ryzen 9000 series in july could be new growth factor for amd to win back market share from nvidia.","listText":"Ryzen 9000 series in july could be new growth factor for amd to win back market share from nvidia.","text":"Ryzen 9000 series in july could be new growth factor for amd to win back market share from nvidia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315255105478856","repostId":"2442920088","repostType":4,"repost":{"id":"2442920088","kind":"highlight","pubTimestamp":1717995982,"share":"https://ttm.financial/m/news/2442920088?lang=&edition=fundamental","pubTime":"2024-06-10 13:06","market":"nz","language":"en","title":"AMD: Markets Underestimate The Potential For TAM Penetration/Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2442920088","media":"seekingalpha","summary":"AMD is projected to gain market share from Nvidia in 2024 and has strong growth potential in the AI chip market, at least until FY26.Maturity and evolution of ML models expected from this year onwards","content":"<html><head></head><body><ul style=\"\"><li><p>AMD is projected to gain market share from Nvidia in 2024 and has strong growth potential in the AI chip market, at least until FY26.</p></li><li><p>Maturity and evolution of ML models expected from this year onwards will aid in TAM penetration. Advanced Micro Devices now expects $4 billion from the sales of MI300 series AI chips alone.</p></li><li><p>AMD’s product roadmap in Computex 2024 and the switch to annual release cycles to put AMD in a better position to compete with Nvidia.</p></li><li><p>The company’s stock is a bargain given its project revenue ramp and its 43x forward PE.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87ca81b0b325b31f55ca1090889ee16d\" alt=\"k5hu/iStock Editorial via Getty Images\" title=\"k5hu/iStock Editorial via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>k5hu/iStock Editorial via Getty Images</span></p><h2 id=\"id_4293344482\">Investment Thesis</h2><p><a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices, Inc.</a> has been lagging the overall semiconductor complex of stocks so far in 2024, performing in line with the broader markets and delivering a ~14%, marginally higher than the 12% YTD performance of the S&P 500 index. In contrast, the overall <a href=\"https://laohu8.com/S/EEMA\">iShares</a> Semiconductor ETF (SOXX) has scored a 25% return so far, while the VanEck Semiconductor ETF (SMH) has recorded gains roughly three times faster than AMD's stock in 2024.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4d9f58ac418178c408f1db4788abc5b6\" alt=\"Exhibit A: AMD lags the semiconductor complex of stocks (Seeking Alpha)\" title=\"Exhibit A: AMD lags the semiconductor complex of stocks (Seeking Alpha)\" tg-width=\"640\" tg-height=\"222\"/><span>Exhibit A: AMD lags the semiconductor complex of stocks (Seeking Alpha)</span></p><p>As I have noted in my analysis below, while AMD's data center had demonstrated some strong growth as we moved through the initial post-pandemic phase of enterprise cloud infrastructure spending, the company dropped market share in the data center chips market as OpenAI's ChatGPT success caught the world by surprise leading to a mad dash for Nvidia's (NVDA) GPUs in their respective data center architecture.</p><p>The recent Computex 2024 event has further consolidated my belief in the company's growth, and I believe AMD is undervalued at current levels. I will begin my coverage on AMD by initiating a Strong Buy on the stock.</p><h2 id=\"id_2662495243\">Quick Recap of AMD's Revenue Trajectory</h2><p>AMD has been able to successfully take market share from Intel (INTC) through the previous decade in the datacenter CPU market, which focused on the x86 CPU architecture. As we moved through the decade, AMD also reorganized its revenue segments to better break out its emerging revenue segments, such as data center revenue, as indicated in Exhibit B.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/899091cd1627121a656cd6a583a8f604\" tg-width=\"640\" tg-height=\"371\"/></p><p>Exhibit B: AMD's revenue segments before and after the FY21 re-organization (AMD Filings via Statista)</p><p>In the last decade, AMD's chips, such as the desktop-focused Ryzen series as well as the EPYC-line of microprocessors meant for the server and embedded markets, carried the company forward as the company continued to win market share against Intel, as illustrated in the chart below in Exhibit C.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ace83c89c0d62585a5731c1a51661b60\" tg-width=\"640\" tg-height=\"432\"/></p><p>Exhibit C: AMD's trailing market share by channel deployment (Toms Hardware)</p><p>However, as ChatGPT was launched in the fourth quarter of FY22, the overnight popularity of OpenAI's AI chat assistant was enough to convince enterprises to upgrade their data center architectures to benefit from the oncoming demand for accelerated machine-learning workloads that most ML models would require. Hyperscalers led the way during these rapid capex expansionary phases, in the last 15-18 months.</p><p>Unfortunately, companies like AMD and Intel were left behind in the demand for chips that could efficiently handle these accelerated ML-related cloud workloads. I believe this was because the existing line-up of chips both AMD and Intel had on the market at the time were based on the x86 architecture and were no match for the throughput efficiency and the large-scale data parallelization that Nvidia's GPUs could deliver while training large models. This was also seen in a rare earnings report miss in FY22, as seen below.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/48a2737ef0bc5bb0ce90d791a5735080\" tg-width=\"640\" tg-height=\"121\"/></p><p>Exhibit D: AMD's quarterly earnings surprise last eight quarters (Seeking Alpha)</p><p>Therefore, AMD, along with Intel, was left behind in the new market for accelerated computing chips that AI had created, as demonstrated in the chart below, where I observe AMD and Intel's market share further reduced in the low single-digits.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11acc6b976204eb7200f3a7cf41c5b67\" tg-width=\"640\" tg-height=\"305\"/></p><p>Exhibit E: AMD's market share by channel deployment (Wells Fargo Equity Research via Next Platform)</p><h2 id=\"id_1154047562\">AMD projected to gain market share in 2024</h2><p>In Exhibit E above, I observe the penetration of Nvidia's GPUs was at its highest in 2023, but projections also estimate that AMD and Intel are expected to win back market share from Nvidia this year onwards. While Intel's market share win-back is expected to be ~1%, AMD is expected to win back an additional~3% of the market.</p><p>There are two reasons I believe this can play out for AMD. First, I feel encouraged by the launch of AMD's chips in the past 6-8 months, which positions the company in a better position. Last December, AMD launched its MI300 series accelerated processing unit, aimed at competing with Nvidia's Hopper platform GPU lineup.</p><p>In one of the previous earnings calls, AMD's management also surprised many analysts on the call by expanding their TAM to $400 billion. Markets had been projecting TAM to be closer to the ~200 billion range. In that earnings call, AMD's CEO added some more detail as to why they were expecting a significant ramp.</p><blockquote><p><em>I think we expect units to grow in a sort of substantial double-digit percentage. But you should also expect that content is going to grow. So, if you think about how important memory and memory capacity is as we go forward, you can imagine that we'll see acceleration there and just the overall content as we go to more advanced technology nodes. So, there's some ASP uplift in there. And then, what we also do is, we are planning longer-term roadmaps with our customers in terms of how they're thinking about sort of the size of training clusters, the number of training clusters. And then, the fact that we believe inference is actually going to exceed training as we go into the next couple of years just given as more enterprises adopt.</em></p></blockquote><p>I believe in the next leg of AI, AMD's chips will be better suited to tackle the enterprise ML inference needs of lower-cost, higher precision chip efficiency. Here is a chart that I adapted, which should illustrate how I see the next leg of AI evolving into, in terms of model inferencing capabilities:</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/300c7aade47920aca8e0ab1455e7abbe\" alt=\"Exhibit F: Model Training vs Model Inference (Author)\" title=\"Exhibit F: Model Training vs Model Inference (Author)\" tg-width=\"640\" tg-height=\"335\"/><span>Exhibit F: Model Training vs Model Inference (Author)</span></p><p>Plus, in the latest Computex 2024, I was pleased to see more clarity from AMD's CEO on the roadmap for AMD's accelerated chips, which is closely aligned with my vision for the next phase of AI. AMD will be moving to an annual release cycle of their accelerated GPUs this year and will eventually roll off their MI300 series to make way for the MI400 series in 2026.</p><p>I expect these strategic changes by management to supplement the market penetration that I noted earlier in Exhibit C. I have also added AMD's roadmap for accelerator chips below in Exhibit G.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9d33fee70c0a6f4fe1de52d956a6eede\" alt=\"Exhibit G: AMD's roadmap of chips over the next three years (Computex 2024, AMD Presentation)\" title=\"Exhibit G: AMD's roadmap of chips over the next three years (Computex 2024, AMD Presentation)\" tg-width=\"640\" tg-height=\"360\"/><span>Exhibit G: AMD's roadmap of chips over the next three years (Computex 2024, AMD Presentation)</span></p><p>An example of the ramp can already be seen where management mentioned the demand for their MI3000 chips launched last year. The company was able to score $1 billion in sales within 2 quarters. Based on the success, management has raised their projected guidance for the sales of the MI300 chip in 2024 to $4 billion from the previous $3.5 billion expected. Note that the MI300 chip just launched in December. Here is an excerpt from the latest BofA Securities 2024 GTC, held last week.</p><blockquote><p><em>We literally launched MI300X last December, right? We have ramped the MI300X across $1 billion in less than two quarters. And when you think about it [Technical Difficulty] and today, we talked about in the last earnings call, we have more than 100 customers that we are engaging with either in the developing stage or in the deployment stage. So, we updated the $4 billion-plus number at the last earnings call.</em></p></blockquote><h2 id=\"id_2678094987\">AMD has upside from current levels</h2><p>Taking the consensus expectations into consideration, I expect AMD to grow their revenues in 2024 by at least double digits as the company becomes a beneficiary of the new accelerated chips it is rolling out to its customers. Many enterprises have already stated their intentions to wean off their dependence on Nvidia's GPUs, and this could translate to a short-term tailwind for AMD's top-line. In addition, the need for lower-cost model inference chips would be a longer-term tailwind for AMD. Therefore, I expect AMD to be growing in line with consensus estimates, which put the chip firm at a CAGR of 19-20% over the next three years.</p><p>In terms of profitability, if I take the midrange of consensus EPS estimates, I observe that AMD's EPS will eventually grow in strong double digits to FY26 EPS of $7.6. With AMD's current market cap, this implies, markets are currently valuing AMD at 23x FY26 earnings.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d16c7afd686a42daab7f4c56dd18409\" alt=\"Exhibit H: AMD's current NTM forward PE (YCharts)\" title=\"Exhibit H: AMD's current NTM forward PE (YCharts)\" tg-width=\"640\" tg-height=\"427\"/><span>Exhibit H: AMD's current NTM forward PE (YCharts)</span></p><p>Comparing that to the long-term growth rates of the S&P 500, the stock should trade at least at par with its 5-year average forward PE of 43 based on its earnings growth rate, which translates to a stock price of ~$230.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a106ab135e5c9cefd77e7887fccde3a5\" alt=\"Exhibit I: Valuation model for AMD (Author)\" title=\"Exhibit I: Valuation model for AMD (Author)\" tg-width=\"640\" tg-height=\"290\"/><span>Exhibit I: Valuation model for AMD (Author)</span></p><p>This implies there is at least 40% upside from current levels.</p><h2 id=\"id_650168827\">Risks and other factors to consider</h2><p>Infrastructure spending slowdowns pose the biggest risk for AMD at this point. If spending were to slow down, AMD's growth rates would be impacted. One of the indicators that I am looking for is the anticipated capex by hyperscalers, who previously indicated that they would upgrade their datacenter architecture with the updated chips and related infrastructure. I had talked about this a couple of months ago in the macro-conditions section of my coverage of SMH.</p><p>Plus, recently, Apollo Global's Chief Economist has illustrated how the continuation of robust earnings through the last few quarters indicates higher capex spending ahead, as illustrated in Exhibit J below. Monitoring these macrotrends will be critical to crafting the outlook for AMD as it relates to investors.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f20937a1070c78b5042a471a643ba239\" tg-width=\"640\" tg-height=\"361\"/></p><p>Exhibit J: Continued strength in earnings suggests that we will see a strong rebound in business fixed investment (CAPEX) over the coming quarters (Apollo Global)</p><h2 id=\"id_1115160565\">Takeaway</h2><p>There are enough reasons that I see to justify the value that AMD's stock provides as per current valuation levels. I am encouraged by the additional details and clarity in AMD's accelerator chip roadmap, which will position AMD to re-capture market share in the data center market from 2024 onwards, despite trailing behind Nvidia in #2. In addition, the shifting trends in machine learning model inference needs will put AMD in a strong position to benefit from forward trends, and I expect AMD to reap the benefits as a result.</p><p>I strongly recommend buying AMD at current levels.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD: Markets Underestimate The Potential For TAM Penetration/Expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD: Markets Underestimate The Potential For TAM Penetration/Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-10 13:06 GMT+8 <a href=https://seekingalpha.com/article/4698309-amd-stock-markets-underestimate-potential-for-tam-penetration-expansion><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD is projected to gain market share from Nvidia in 2024 and has strong growth potential in the AI chip market, at least until FY26.Maturity and evolution of ML models expected from this year onwards...</p>\n\n<a href=\"https://seekingalpha.com/article/4698309-amd-stock-markets-underestimate-potential-for-tam-penetration-expansion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4579":"人工智能","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4573":"虚拟现实","BK4503":"景林资产持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4527":"明星科技股","BK4581":"高盛持仓","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4141":"半导体产品","AMD":"美国超微公司","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4592":"伊斯兰概念","LU0238689110.USD":"贝莱德环球动力股票基金","BK4529":"IDC概念","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU0080751232.USD":"富达环球多元动力基金A","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4698309-amd-stock-markets-underestimate-potential-for-tam-penetration-expansion","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2442920088","content_text":"AMD is projected to gain market share from Nvidia in 2024 and has strong growth potential in the AI chip market, at least until FY26.Maturity and evolution of ML models expected from this year onwards will aid in TAM penetration. Advanced Micro Devices now expects $4 billion from the sales of MI300 series AI chips alone.AMD’s product roadmap in Computex 2024 and the switch to annual release cycles to put AMD in a better position to compete with Nvidia.The company’s stock is a bargain given its project revenue ramp and its 43x forward PE.k5hu/iStock Editorial via Getty ImagesInvestment ThesisAdvanced Micro Devices, Inc. has been lagging the overall semiconductor complex of stocks so far in 2024, performing in line with the broader markets and delivering a ~14%, marginally higher than the 12% YTD performance of the S&P 500 index. In contrast, the overall iShares Semiconductor ETF (SOXX) has scored a 25% return so far, while the VanEck Semiconductor ETF (SMH) has recorded gains roughly three times faster than AMD's stock in 2024.Exhibit A: AMD lags the semiconductor complex of stocks (Seeking Alpha)As I have noted in my analysis below, while AMD's data center had demonstrated some strong growth as we moved through the initial post-pandemic phase of enterprise cloud infrastructure spending, the company dropped market share in the data center chips market as OpenAI's ChatGPT success caught the world by surprise leading to a mad dash for Nvidia's (NVDA) GPUs in their respective data center architecture.The recent Computex 2024 event has further consolidated my belief in the company's growth, and I believe AMD is undervalued at current levels. I will begin my coverage on AMD by initiating a Strong Buy on the stock.Quick Recap of AMD's Revenue TrajectoryAMD has been able to successfully take market share from Intel (INTC) through the previous decade in the datacenter CPU market, which focused on the x86 CPU architecture. As we moved through the decade, AMD also reorganized its revenue segments to better break out its emerging revenue segments, such as data center revenue, as indicated in Exhibit B.Exhibit B: AMD's revenue segments before and after the FY21 re-organization (AMD Filings via Statista)In the last decade, AMD's chips, such as the desktop-focused Ryzen series as well as the EPYC-line of microprocessors meant for the server and embedded markets, carried the company forward as the company continued to win market share against Intel, as illustrated in the chart below in Exhibit C.Exhibit C: AMD's trailing market share by channel deployment (Toms Hardware)However, as ChatGPT was launched in the fourth quarter of FY22, the overnight popularity of OpenAI's AI chat assistant was enough to convince enterprises to upgrade their data center architectures to benefit from the oncoming demand for accelerated machine-learning workloads that most ML models would require. Hyperscalers led the way during these rapid capex expansionary phases, in the last 15-18 months.Unfortunately, companies like AMD and Intel were left behind in the demand for chips that could efficiently handle these accelerated ML-related cloud workloads. I believe this was because the existing line-up of chips both AMD and Intel had on the market at the time were based on the x86 architecture and were no match for the throughput efficiency and the large-scale data parallelization that Nvidia's GPUs could deliver while training large models. This was also seen in a rare earnings report miss in FY22, as seen below.Exhibit D: AMD's quarterly earnings surprise last eight quarters (Seeking Alpha)Therefore, AMD, along with Intel, was left behind in the new market for accelerated computing chips that AI had created, as demonstrated in the chart below, where I observe AMD and Intel's market share further reduced in the low single-digits.Exhibit E: AMD's market share by channel deployment (Wells Fargo Equity Research via Next Platform)AMD projected to gain market share in 2024In Exhibit E above, I observe the penetration of Nvidia's GPUs was at its highest in 2023, but projections also estimate that AMD and Intel are expected to win back market share from Nvidia this year onwards. While Intel's market share win-back is expected to be ~1%, AMD is expected to win back an additional~3% of the market.There are two reasons I believe this can play out for AMD. First, I feel encouraged by the launch of AMD's chips in the past 6-8 months, which positions the company in a better position. Last December, AMD launched its MI300 series accelerated processing unit, aimed at competing with Nvidia's Hopper platform GPU lineup.In one of the previous earnings calls, AMD's management also surprised many analysts on the call by expanding their TAM to $400 billion. Markets had been projecting TAM to be closer to the ~200 billion range. In that earnings call, AMD's CEO added some more detail as to why they were expecting a significant ramp.I think we expect units to grow in a sort of substantial double-digit percentage. But you should also expect that content is going to grow. So, if you think about how important memory and memory capacity is as we go forward, you can imagine that we'll see acceleration there and just the overall content as we go to more advanced technology nodes. So, there's some ASP uplift in there. And then, what we also do is, we are planning longer-term roadmaps with our customers in terms of how they're thinking about sort of the size of training clusters, the number of training clusters. And then, the fact that we believe inference is actually going to exceed training as we go into the next couple of years just given as more enterprises adopt.I believe in the next leg of AI, AMD's chips will be better suited to tackle the enterprise ML inference needs of lower-cost, higher precision chip efficiency. Here is a chart that I adapted, which should illustrate how I see the next leg of AI evolving into, in terms of model inferencing capabilities:Exhibit F: Model Training vs Model Inference (Author)Plus, in the latest Computex 2024, I was pleased to see more clarity from AMD's CEO on the roadmap for AMD's accelerated chips, which is closely aligned with my vision for the next phase of AI. AMD will be moving to an annual release cycle of their accelerated GPUs this year and will eventually roll off their MI300 series to make way for the MI400 series in 2026.I expect these strategic changes by management to supplement the market penetration that I noted earlier in Exhibit C. I have also added AMD's roadmap for accelerator chips below in Exhibit G.Exhibit G: AMD's roadmap of chips over the next three years (Computex 2024, AMD Presentation)An example of the ramp can already be seen where management mentioned the demand for their MI3000 chips launched last year. The company was able to score $1 billion in sales within 2 quarters. Based on the success, management has raised their projected guidance for the sales of the MI300 chip in 2024 to $4 billion from the previous $3.5 billion expected. Note that the MI300 chip just launched in December. Here is an excerpt from the latest BofA Securities 2024 GTC, held last week.We literally launched MI300X last December, right? We have ramped the MI300X across $1 billion in less than two quarters. And when you think about it [Technical Difficulty] and today, we talked about in the last earnings call, we have more than 100 customers that we are engaging with either in the developing stage or in the deployment stage. So, we updated the $4 billion-plus number at the last earnings call.AMD has upside from current levelsTaking the consensus expectations into consideration, I expect AMD to grow their revenues in 2024 by at least double digits as the company becomes a beneficiary of the new accelerated chips it is rolling out to its customers. Many enterprises have already stated their intentions to wean off their dependence on Nvidia's GPUs, and this could translate to a short-term tailwind for AMD's top-line. In addition, the need for lower-cost model inference chips would be a longer-term tailwind for AMD. Therefore, I expect AMD to be growing in line with consensus estimates, which put the chip firm at a CAGR of 19-20% over the next three years.In terms of profitability, if I take the midrange of consensus EPS estimates, I observe that AMD's EPS will eventually grow in strong double digits to FY26 EPS of $7.6. With AMD's current market cap, this implies, markets are currently valuing AMD at 23x FY26 earnings.Exhibit H: AMD's current NTM forward PE (YCharts)Comparing that to the long-term growth rates of the S&P 500, the stock should trade at least at par with its 5-year average forward PE of 43 based on its earnings growth rate, which translates to a stock price of ~$230.Exhibit I: Valuation model for AMD (Author)This implies there is at least 40% upside from current levels.Risks and other factors to considerInfrastructure spending slowdowns pose the biggest risk for AMD at this point. If spending were to slow down, AMD's growth rates would be impacted. One of the indicators that I am looking for is the anticipated capex by hyperscalers, who previously indicated that they would upgrade their datacenter architecture with the updated chips and related infrastructure. I had talked about this a couple of months ago in the macro-conditions section of my coverage of SMH.Plus, recently, Apollo Global's Chief Economist has illustrated how the continuation of robust earnings through the last few quarters indicates higher capex spending ahead, as illustrated in Exhibit J below. Monitoring these macrotrends will be critical to crafting the outlook for AMD as it relates to investors.Exhibit J: Continued strength in earnings suggests that we will see a strong rebound in business fixed investment (CAPEX) over the coming quarters (Apollo Global)TakeawayThere are enough reasons that I see to justify the value that AMD's stock provides as per current valuation levels. I am encouraged by the additional details and clarity in AMD's accelerator chip roadmap, which will position AMD to re-capture market share in the data center market from 2024 onwards, despite trailing behind Nvidia in #2. In addition, the shifting trends in machine learning model inference needs will put AMD in a strong position to benefit from forward trends, and I expect AMD to reap the benefits as a result.I strongly recommend buying AMD at current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287519717097560,"gmtCreate":1711217832609,"gmtModify":1711217836111,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Well done","listText":"Well done","text":"Well done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287519717097560","repostId":"1132732723","repostType":2,"repost":{"id":"1132732723","kind":"news","weMediaInfo":{"introduction":"Everything can be ETF","home_visible":1,"media_name":"ETF Tracker","id":"1070810721","head_image":"https://community-static.tradeup.com/news/29067a19beca7bb0f3038d0bea28f179"},"pubTimestamp":1711194546,"share":"https://ttm.financial/m/news/1132732723?lang=&edition=fundamental","pubTime":"2024-03-23 19:49","market":"hk","language":"en","title":"Navigating Japan's Post-Negative Interest Rate Era: Investment Strategies Unveiled","url":"https://stock-news.laohu8.com/highlight/detail?id=1132732723","media":"ETF Tracker","summary":"After Japan's crucial step towards tightening its monetary policy, what's driving the stock market surge and how should investors respond?","content":"<html><head></head><body><blockquote><p>After Japan's crucial step towards tightening its monetary policy, what's driving the stock market surge and how should investors respond?</p></blockquote><p style=\"text-align: start;\">Recent developments, including wage growth talks and the termination of negative interest rate policies, have reignited investor interest in Japan's market. The Nikkei 225 index has surpassed its 30-year high, with even Warren Buffett increasing holdings in Japanese companies.</p><p style=\"text-align: start;\">The Bank of Japan (BOJ) recently raised the benchmark rate for the first time since 2007, ending the era of negative interest rates. While this reflects confidence in the economy, it may impact investor strategies.</p><p style=\"text-align: start;\">In Japan, continuous competition in land prices, stock values, and interest rates has persisted since the burst of the asset bubble in the early 1990s. Various policies, including negative interest rates, aimed to stimulate economic growth and prices, with mixed effectiveness.</p><p style=\"text-align: start;\">These factors contributed to the stock market's recovery, with the Nikkei 225 up by about 19% this year. A shareholder-focused corporate culture has attracted foreign funds, while the yen's depreciation against the US dollar has further buoyed market sentiment.</p><p style=\"text-align: start;\">Policymakers in Japan have recently raised borrowing costs, signaling a healthy economy and the end of negative interest rate policies. Additionally, the BOJ announced the cessation of purchasing exchange-traded funds (ETFs) to boost economic growth.<strong>see:<a href=\"https://ttm.financial/TW/265140024868936\" title=\"Buffett's Bet on Japan: Five Trading Giants and the Resilience of the Nikkei 225\" target=\"_blank\" class=\"\">Buffett's Bet on Japan: Five Trading Giants and the Resilience of the Nikkei 225</a></strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a464e6b74c57de3e137401ebf86c98fe\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ISBC\">Investors</a> can capitalize on Japan's recovery through exchange-traded funds (ETFs), such as Blackrock's <a href=\"https://laohu8.com/S/EWJ\">iShares MSCI Japan ETF</a> (EWJ) and JPM BetaBuilders Japan ETF (BBJP), which offer exposure to large and mid-cap stocks.</p><p style=\"text-align: start;\">For specific sectors, Blackrock's <a href=\"https://laohu8.com/S/SCJ\">iShares MSCI Japan Small-Cap ETF</a> targets smaller-cap companies, while the <a href=\"https://laohu8.com/S/EWJV\">iShares MSCI Japan Value ETF</a> focuses on undervalued firms.</p><p>For Asia investors, the ChinaAMC MSCI Japan Hedged to USD ETF (3160 HK) and the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> Japan Global Leaders ETF (3150 HK) both trade on the Hong Kong stock exchange.</p><p style=\"text-align: start;\">There are also options to hedge against currency fluctuations, such as the $WisdomTree Japan Hedged <a href=\"https://laohu8.com/S/EQR\">Equity</a> Fund(DXJ)$ (DXJ), which invests in dividend-paying Japanese companies while hedging against currency fluctuations. <strong>see:<a href=\"https://ttm.financial/TW/282805546090648\" title=\"Nikkei Breaks 40,000: Currency-Hedged ETFs Lead the Way\" target=\"_blank\" class=\"\">Nikkei Breaks 40,000: Currency-Hedged ETFs Lead the Way</a></strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aaaf7222e35fae76b940b4117207a04a\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\">Risks include the impact of rising interest rates on economic growth and yen appreciation, affecting the competitiveness of growth-oriented companies. However, companies focused on domestic markets may benefit from a weaker yen.</p><p style=\"text-align: start;\">In summary, Japan's evolving economic landscape presents opportunities for investors, particularly through ETFs, while being mindful of associated risks.</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>Navigating Japan's Post-Negative Interest Rate Era: Investment Strategies Unveiled</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\">\nNavigating Japan's Post-Negative Interest Rate Era: Investment Strategies Unveiled\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1070810721\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/29067a19beca7bb0f3038d0bea28f179);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">ETF Tracker </p>\n<p class=\"h-time\">2024-03-23 19:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>After Japan's crucial step towards tightening its monetary policy, what's driving the stock market surge and how should investors respond?</p></blockquote><p style=\"text-align: start;\">Recent developments, including wage growth talks and the termination of negative interest rate policies, have reignited investor interest in Japan's market. The Nikkei 225 index has surpassed its 30-year high, with even Warren Buffett increasing holdings in Japanese companies.</p><p style=\"text-align: start;\">The Bank of Japan (BOJ) recently raised the benchmark rate for the first time since 2007, ending the era of negative interest rates. While this reflects confidence in the economy, it may impact investor strategies.</p><p style=\"text-align: start;\">In Japan, continuous competition in land prices, stock values, and interest rates has persisted since the burst of the asset bubble in the early 1990s. Various policies, including negative interest rates, aimed to stimulate economic growth and prices, with mixed effectiveness.</p><p style=\"text-align: start;\">These factors contributed to the stock market's recovery, with the Nikkei 225 up by about 19% this year. A shareholder-focused corporate culture has attracted foreign funds, while the yen's depreciation against the US dollar has further buoyed market sentiment.</p><p style=\"text-align: start;\">Policymakers in Japan have recently raised borrowing costs, signaling a healthy economy and the end of negative interest rate policies. Additionally, the BOJ announced the cessation of purchasing exchange-traded funds (ETFs) to boost economic growth.<strong>see:<a href=\"https://ttm.financial/TW/265140024868936\" title=\"Buffett's Bet on Japan: Five Trading Giants and the Resilience of the Nikkei 225\" target=\"_blank\" class=\"\">Buffett's Bet on Japan: Five Trading Giants and the Resilience of the Nikkei 225</a></strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a464e6b74c57de3e137401ebf86c98fe\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ISBC\">Investors</a> can capitalize on Japan's recovery through exchange-traded funds (ETFs), such as Blackrock's <a href=\"https://laohu8.com/S/EWJ\">iShares MSCI Japan ETF</a> (EWJ) and JPM BetaBuilders Japan ETF (BBJP), which offer exposure to large and mid-cap stocks.</p><p style=\"text-align: start;\">For specific sectors, Blackrock's <a href=\"https://laohu8.com/S/SCJ\">iShares MSCI Japan Small-Cap ETF</a> targets smaller-cap companies, while the <a href=\"https://laohu8.com/S/EWJV\">iShares MSCI Japan Value ETF</a> focuses on undervalued firms.</p><p>For Asia investors, the ChinaAMC MSCI Japan Hedged to USD ETF (3160 HK) and the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> Japan Global Leaders ETF (3150 HK) both trade on the Hong Kong stock exchange.</p><p style=\"text-align: start;\">There are also options to hedge against currency fluctuations, such as the $WisdomTree Japan Hedged <a href=\"https://laohu8.com/S/EQR\">Equity</a> Fund(DXJ)$ (DXJ), which invests in dividend-paying Japanese companies while hedging against currency fluctuations. <strong>see:<a href=\"https://ttm.financial/TW/282805546090648\" title=\"Nikkei Breaks 40,000: Currency-Hedged ETFs Lead the Way\" target=\"_blank\" class=\"\">Nikkei Breaks 40,000: Currency-Hedged ETFs Lead the Way</a></strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aaaf7222e35fae76b940b4117207a04a\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\">Risks include the impact of rising interest rates on economic growth and yen appreciation, affecting the competitiveness of growth-oriented companies. However, companies focused on domestic markets may benefit from a weaker yen.</p><p style=\"text-align: start;\">In summary, Japan's evolving economic landscape presents opportunities for investors, particularly through ETFs, while being mindful of associated risks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FXY":"日元ETF-CurrencyShares","QQQ":"纳指100ETF","DBJP":"Xtrackers MSCI Japan Hedged Equity ETF","SPY":"标普500ETF","03160":"华夏日股对冲","03150":"GX日本全球领导","HEWJ":"日本ETF汇率对冲-iShares","EWJ":"日本ETF-iShares MSCI","EWJV":"iShares MSCI Japan Value ETF","SCI":"Service Corp International","YCL":"ProShares Ultra Yen","BBJP":"JPMorgan BetaBuilders Japan ETF","DXJ":"日本股利指数ETF-WisdomTree"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132732723","content_text":"After Japan's crucial step towards tightening its monetary policy, what's driving the stock market surge and how should investors respond?Recent developments, including wage growth talks and the termination of negative interest rate policies, have reignited investor interest in Japan's market. The Nikkei 225 index has surpassed its 30-year high, with even Warren Buffett increasing holdings in Japanese companies.The Bank of Japan (BOJ) recently raised the benchmark rate for the first time since 2007, ending the era of negative interest rates. While this reflects confidence in the economy, it may impact investor strategies.In Japan, continuous competition in land prices, stock values, and interest rates has persisted since the burst of the asset bubble in the early 1990s. Various policies, including negative interest rates, aimed to stimulate economic growth and prices, with mixed effectiveness.These factors contributed to the stock market's recovery, with the Nikkei 225 up by about 19% this year. A shareholder-focused corporate culture has attracted foreign funds, while the yen's depreciation against the US dollar has further buoyed market sentiment.Policymakers in Japan have recently raised borrowing costs, signaling a healthy economy and the end of negative interest rate policies. Additionally, the BOJ announced the cessation of purchasing exchange-traded funds (ETFs) to boost economic growth.see:Buffett's Bet on Japan: Five Trading Giants and the Resilience of the Nikkei 225Investors can capitalize on Japan's recovery through exchange-traded funds (ETFs), such as Blackrock's iShares MSCI Japan ETF (EWJ) and JPM BetaBuilders Japan ETF (BBJP), which offer exposure to large and mid-cap stocks.For specific sectors, Blackrock's iShares MSCI Japan Small-Cap ETF targets smaller-cap companies, while the iShares MSCI Japan Value ETF focuses on undervalued firms.For Asia investors, the ChinaAMC MSCI Japan Hedged to USD ETF (3160 HK) and the Global X Japan Global Leaders ETF (3150 HK) both trade on the Hong Kong stock exchange.There are also options to hedge against currency fluctuations, such as the $WisdomTree Japan Hedged Equity Fund(DXJ)$ (DXJ), which invests in dividend-paying Japanese companies while hedging against currency fluctuations. see:Nikkei Breaks 40,000: Currency-Hedged ETFs Lead the WayRisks include the impact of rising interest rates on economic growth and yen appreciation, affecting the competitiveness of growth-oriented companies. However, companies focused on domestic markets may benefit from a weaker yen.In summary, Japan's evolving economic landscape presents opportunities for investors, particularly through ETFs, while being mindful of associated risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":307896000053296,"gmtCreate":1716205954671,"gmtModify":1716205958889,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v>After google i/o event in last week, demonstation of multiple ai projects will allow its valuation to be up to a new level... as close as $185 very soon.","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v>After google i/o event in last week, demonstation of multiple ai projects will allow its valuation to be up to a new level... as close as $185 very soon.","text":"$Alphabet(GOOGL)$ After google i/o event in last week, demonstation of multiple ai projects will allow its valuation to be up to a new level... as close as $185 very soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/307896000053296","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287519600742664,"gmtCreate":1711217889125,"gmtModify":1711217890981,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287519600742664","repostId":"1116994714","repostType":2,"repost":{"id":"1116994714","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1711153316,"share":"https://ttm.financial/m/news/1116994714?lang=&edition=fundamental","pubTime":"2024-03-23 08:21","market":"sg","language":"en","title":"SGX Weekly Review｜Riverstone Soared Over 20% This Week on RHB's Upgraded Rating; SIA Flies 28.2% More Passengers in February","url":"https://stock-news.laohu8.com/highlight/detail?id=1116994714","media":"TigerNews SG","summary":"With the good performance of stars such as Riverstone, Emperador,Yanzijiang Shipbuilding and more in the stock market, STI rose 1.42% this week. RHB upgraded Riverstone Holdings to “buy” from “neutral","content":"<html><head></head><body><p>With the good performance of stars such as Riverstone, Emperador,Yanzijiang Shipbuilding and more in the stock market, STI rose 1.42% this week. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/00672f7d5da6146742875dbd43e82b55\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_499667504\">RHB upgraded Riverstone Holdings to “buy” from “neutral”</h2><p>The brokerage is positive that the group will ride on a robust recovery of global semiconductor sales with its unique exposure to the cleanroom segment, on top of benefitting from an increased demand for healthcare gloves.</p><p>While expecting the Malaysian glove maker to chart a 23 per cent core profit growth in FY2024, RHB raised its earnings forecast for the year up 12 per cent. It also raised the earnings estimate for FY2025 up 24 per cent. This is to account for improving sales volume with a better product mix that sustains the group’s average selling price (ASP).</p><h2 id=\"id_1053502755\">UOB chief Wee Ee Cheong’s 2023 pay up 11.9% to S$15.9 million</h2><p>UOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual salary of S$14.2 million in 2022.</p><p>The jump in pay came in tandem with UOB’s FY2023 financial results release. Net profit for the full year rose 24.9 per cent to a record high of S$5.7 billion despite missing a S$6 million consensus forecast.</p><p>Based on the bank’s annual report released on Thursday (Mar 21), Wee’s annual remuneration included a base pay of S$1.2 million, a bonus of S$14.7 million and benefits-in-kind, and other transport-related benefits amounting to S$39,701.</p><h2 id=\"id_89340580\">Olam Agri proposes to acquire Australia’s Namoi Cotton for A$122 million</h2><p>OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million (S$107.8 million).</p><p>The consideration of A$0.59 per Namoi share comprises A$0.58 in cash and a permitted special dividend of A$0.01 per share, said Olam on Thursday (Mar 21) morning before the market opened.</p><h2 id=\"id_846174669\">SingPost considers divesting S$1.1 billion SingPost Centre and floating Australian business</h2><p>SINGAPORE Post (SingPost)<strong> </strong>is looking at divesting its non-core assets, including its flagship retail-commercial mixed development SingPost Centre at Paya Lebar Central. Floating its Australian business is another option that has stemmed from its strategic review.</p><p style=\"text-align: start;\">In a briefing on Tuesday (Mar 19) to disclose the findings, the listed national postal service provider’s group chief executive officer Vincent Phang said that SingPost Centre – valued at S$1.1 billion as at September 2023 – is a non-core asset.</p><p style=\"text-align: start;\">However, he did not want to provide a timeline of the divestment of this property or other non-core assets, as the company pivots to be a pure-play logistics player. </p><h2 id=\"id_681473222\">Sats sells US military contractor unit Maytag Aircraft for US$46 million</h2><p>Inflight caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced in a Saturday (Mar 16) bourse filing.</p><p>Maytag provides aircraft refuelling, fuel storage, base operations support, support, ground handling and weather observation and forecasting services as a contractor for the US Department of Defense, at its US and international military bases.</p><p>It was acquired by Worldwide Flight Services (WFS) in 2021, which was in turn acquired by Sats in 2023.</p><h2 id=\"id_3497207720\">SIA Group flies 28.2% more passengers in February</h2><p>Flag carrier Singapore Airlines (SIA) : C6L +0.31% carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results filed to the bourse on Friday (Mar 15).</p><p>Passenger traffic for the group was up 20.4 per cent from a year ago. The growth in passenger traffic was in line with its capacity increase of 20.7 per cent over the same period, added the carrier.</p><p>Passenger demand was boosted by the Chinese New Year holiday season across Asia, said the group.</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>SGX Weekly Review｜Riverstone Soared Over 20% This Week on RHB's Upgraded Rating; SIA Flies 28.2% More Passengers in February</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review｜Riverstone Soared Over 20% This Week on RHB's Upgraded Rating; SIA Flies 28.2% More Passengers in February\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-03-23 08:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With the good performance of stars such as Riverstone, Emperador,Yanzijiang Shipbuilding and more in the stock market, STI rose 1.42% this week. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/00672f7d5da6146742875dbd43e82b55\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_499667504\">RHB upgraded Riverstone Holdings to “buy” from “neutral”</h2><p>The brokerage is positive that the group will ride on a robust recovery of global semiconductor sales with its unique exposure to the cleanroom segment, on top of benefitting from an increased demand for healthcare gloves.</p><p>While expecting the Malaysian glove maker to chart a 23 per cent core profit growth in FY2024, RHB raised its earnings forecast for the year up 12 per cent. It also raised the earnings estimate for FY2025 up 24 per cent. This is to account for improving sales volume with a better product mix that sustains the group’s average selling price (ASP).</p><h2 id=\"id_1053502755\">UOB chief Wee Ee Cheong’s 2023 pay up 11.9% to S$15.9 million</h2><p>UOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual salary of S$14.2 million in 2022.</p><p>The jump in pay came in tandem with UOB’s FY2023 financial results release. Net profit for the full year rose 24.9 per cent to a record high of S$5.7 billion despite missing a S$6 million consensus forecast.</p><p>Based on the bank’s annual report released on Thursday (Mar 21), Wee’s annual remuneration included a base pay of S$1.2 million, a bonus of S$14.7 million and benefits-in-kind, and other transport-related benefits amounting to S$39,701.</p><h2 id=\"id_89340580\">Olam Agri proposes to acquire Australia’s Namoi Cotton for A$122 million</h2><p>OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million (S$107.8 million).</p><p>The consideration of A$0.59 per Namoi share comprises A$0.58 in cash and a permitted special dividend of A$0.01 per share, said Olam on Thursday (Mar 21) morning before the market opened.</p><h2 id=\"id_846174669\">SingPost considers divesting S$1.1 billion SingPost Centre and floating Australian business</h2><p>SINGAPORE Post (SingPost)<strong> </strong>is looking at divesting its non-core assets, including its flagship retail-commercial mixed development SingPost Centre at Paya Lebar Central. Floating its Australian business is another option that has stemmed from its strategic review.</p><p style=\"text-align: start;\">In a briefing on Tuesday (Mar 19) to disclose the findings, the listed national postal service provider’s group chief executive officer Vincent Phang said that SingPost Centre – valued at S$1.1 billion as at September 2023 – is a non-core asset.</p><p style=\"text-align: start;\">However, he did not want to provide a timeline of the divestment of this property or other non-core assets, as the company pivots to be a pure-play logistics player. </p><h2 id=\"id_681473222\">Sats sells US military contractor unit Maytag Aircraft for US$46 million</h2><p>Inflight caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced in a Saturday (Mar 16) bourse filing.</p><p>Maytag provides aircraft refuelling, fuel storage, base operations support, support, ground handling and weather observation and forecasting services as a contractor for the US Department of Defense, at its US and international military bases.</p><p>It was acquired by Worldwide Flight Services (WFS) in 2021, which was in turn acquired by Sats in 2023.</p><h2 id=\"id_3497207720\">SIA Group flies 28.2% more passengers in February</h2><p>Flag carrier Singapore Airlines (SIA) : C6L +0.31% carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results filed to the bourse on Friday (Mar 15).</p><p>Passenger traffic for the group was up 20.4 per cent from a year ago. The growth in passenger traffic was in line with its capacity increase of 20.7 per cent over the same period, added the carrier.</p><p>Passenger demand was boosted by the Chinese New Year holiday season across Asia, said the group.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AP4.SI":"立合斯顿","C6L.SI":"新加坡航空公司","STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116994714","content_text":"With the good performance of stars such as Riverstone, Emperador,Yanzijiang Shipbuilding and more in the stock market, STI rose 1.42% this week. RHB upgraded Riverstone Holdings to “buy” from “neutral”The brokerage is positive that the group will ride on a robust recovery of global semiconductor sales with its unique exposure to the cleanroom segment, on top of benefitting from an increased demand for healthcare gloves.While expecting the Malaysian glove maker to chart a 23 per cent core profit growth in FY2024, RHB raised its earnings forecast for the year up 12 per cent. It also raised the earnings estimate for FY2025 up 24 per cent. This is to account for improving sales volume with a better product mix that sustains the group’s average selling price (ASP).UOB chief Wee Ee Cheong’s 2023 pay up 11.9% to S$15.9 millionUOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual salary of S$14.2 million in 2022.The jump in pay came in tandem with UOB’s FY2023 financial results release. Net profit for the full year rose 24.9 per cent to a record high of S$5.7 billion despite missing a S$6 million consensus forecast.Based on the bank’s annual report released on Thursday (Mar 21), Wee’s annual remuneration included a base pay of S$1.2 million, a bonus of S$14.7 million and benefits-in-kind, and other transport-related benefits amounting to S$39,701.Olam Agri proposes to acquire Australia’s Namoi Cotton for A$122 millionOLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million (S$107.8 million).The consideration of A$0.59 per Namoi share comprises A$0.58 in cash and a permitted special dividend of A$0.01 per share, said Olam on Thursday (Mar 21) morning before the market opened.SingPost considers divesting S$1.1 billion SingPost Centre and floating Australian businessSINGAPORE Post (SingPost) is looking at divesting its non-core assets, including its flagship retail-commercial mixed development SingPost Centre at Paya Lebar Central. Floating its Australian business is another option that has stemmed from its strategic review.In a briefing on Tuesday (Mar 19) to disclose the findings, the listed national postal service provider’s group chief executive officer Vincent Phang said that SingPost Centre – valued at S$1.1 billion as at September 2023 – is a non-core asset.However, he did not want to provide a timeline of the divestment of this property or other non-core assets, as the company pivots to be a pure-play logistics player. Sats sells US military contractor unit Maytag Aircraft for US$46 millionInflight caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced in a Saturday (Mar 16) bourse filing.Maytag provides aircraft refuelling, fuel storage, base operations support, support, ground handling and weather observation and forecasting services as a contractor for the US Department of Defense, at its US and international military bases.It was acquired by Worldwide Flight Services (WFS) in 2021, which was in turn acquired by Sats in 2023.SIA Group flies 28.2% more passengers in FebruaryFlag carrier Singapore Airlines (SIA) : C6L +0.31% carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results filed to the bourse on Friday (Mar 15).Passenger traffic for the group was up 20.4 per cent from a year ago. The growth in passenger traffic was in line with its capacity increase of 20.7 per cent over the same period, added the carrier.Passenger demand was boosted by the Chinese New Year holiday season across Asia, said the group.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287519788236800,"gmtCreate":1711217848581,"gmtModify":1711217852030,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287519788236800","repostId":"2421828618","repostType":2,"repost":{"id":"2421828618","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1711154521,"share":"https://ttm.financial/m/news/2421828618?lang=&edition=fundamental","pubTime":"2024-03-23 08:42","market":"us","language":"en","title":"US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2421828618","media":"Reuters","summary":"(Updates with move to Senate, paragraphs 1, 3) By David Morgan, Richard Cowan and Makini Brice WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass ","content":"<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House's 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber's Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>"I filed a motion to vacate today. But it's more of a warning than a pink slip," the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>"Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year," Schumer said. "There is no reason to delay."</p><p>The last partial federal government shutdown occurred during Donald Trump's presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans' subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Senate Takes up $1.2 Trillion Bill to Avoid Shutdown, Midnight Deadline Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-03-23 08:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.</p><p>The House's 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.</p><p>The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber's Byzantine rules and allow for a swifter vote on passage.</p><p>The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.</p><p>The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.</p><p>Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.</p><p>But Greene said she would not push for an immediate vote.</p><p>"I filed a motion to vacate today. But it's more of a warning than a pink slip," the Georgia Republican told reporters.</p><p>SENATE UP NEXT</p><p>Meanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.</p><p>"Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year," Schumer said. "There is no reason to delay."</p><p>The last partial federal government shutdown occurred during Donald Trump's presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.</p><p>The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.</p><p>A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.</p><p>Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.</p><p>While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans' subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.</p><p>Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.</p><p>A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.</p><p>U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.</p><p>Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421828618","content_text":"WASHINGTON, March 22 (Reuters) - The Democratic-majority U.S. Senate on Friday was trying to pass a $1.2 trillion government funding bill after House of Representatives passage angered a Republican hardliner in that chamber, who threatened to try to oust Speaker Mike Johnson.The House's 286-134 vote sent the measure to the Democratic-majority Senate, which has hours to act ahead of a midnight deadline (0400 GMT Saturday) to prevent parts of the Department of Homeland Security, Internal Revenue Service and Justice Department to Treasury and State departments from closing.The Senate began a procedural vote on the matter on Friday, while leadership negotiated behind the scenes to bypass some of the chamber's Byzantine rules and allow for a swifter vote on passage.The move marks a critical step toward ending a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. Ratings agencies have warned that the repeated brinkmanship could hurt the creditworthiness of a federal government that currently has more than $34.6 trillion in debt.The measure passed the House with 185 Democrats and 101 Republican votes, which led hardline conservative Representative Marjorie Taylor Greene to introduce a measure to oust Republican Johnson.Johnson himself ascended to that role in October after hardliners furious that his predecessor, Kevin McCarthy, had passed a temporary funding measure over their objections, ousted him as leader.But Greene said she would not push for an immediate vote.\"I filed a motion to vacate today. But it's more of a warning than a pink slip,\" the Georgia Republican told reporters.SENATE UP NEXTMeanwhile, Democratic Senate Majority Leader Chuck Schumer urged his colleagues to move quickly to pass the measure.\"Let’s finish the job today. Let’s avoid even a weekend shutdown. Let’s finish the job of funding the government for the remainder of the fiscal year,\" Schumer said. \"There is no reason to delay.\"The last partial federal government shutdown occurred during Donald Trump's presidency, from Dec. 22, 2018 until Jan. 25, 2019. The record-long interruption in government services came as the Republican insisted on money to build a wall along the U.S. border with Mexico and was unable to broker a deal with Democrats.The current 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. It also covers agencies ranging from the Department of Homeland Security, the Internal Revenue Service and the Justice Department, along with the Treasury and State departments.A separate controversial money matter is boiling in Congress where its leaders, except for Johnson, urgently are calling for final passage of a $95 billion security assistance package approved by the Senate for Ukraine, Israel and Taiwan.Some Republicans are balking at continuing to back Ukraine in its war against the invading Russian military.While conservatives succeeded in getting Congress and Democratic President Joe Biden to agree to some fiscal 2024 spending cuts, they hoped for far deeper ones. Their disgruntlement led to the historic October removal of McCarthy. The Republicans' subsequent political infighting shut down the House for three weeks as Republicans fought over a replacement.Since then, with the November elections looming, most Republicans have been loath to trigger a government shutdown over spending, although Washington was brought to the brink four times since late September.A shutdown beginning on Saturday would mean most U.S. Border Patrol and immigration agents would continue to work. But local governments might not receive new aid to shelter migrants.U.S. soldiers and all federal workers would not get paid until new funding is enacted and national parks would be shuttered. Same situation for the two U.S. astronauts aboard the International Space Station 254 miles (409 km) above Earth.Meanwhile, the Internal Revenue Service would continue processing tax returns that are due on April 15. It would advise taxpayers of any potential delays in refunds. At the State Department, security at embassies and other foreign offices would remain in force and passports and visas would be issued as long as there were sufficient fees to support such activities. Many other operations would cease.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287519318196488,"gmtCreate":1711217820144,"gmtModify":1711217824223,"author":{"id":"4149395959694462","authorId":"4149395959694462","name":"Kevinshn23","avatar":"https://community-static.tradeup.com/news/29843fac63b4e348faf0d33de1ba9e42","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4149395959694462","authorIdStr":"4149395959694462"},"themes":[],"htmlText":"good jobs","listText":"good jobs","text":"good jobs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287519318196488","repostId":"1169438670","repostType":2,"repost":{"id":"1169438670","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1711150205,"share":"https://ttm.financial/m/news/1169438670?lang=&edition=fundamental","pubTime":"2024-03-23 07:30","market":"us","language":"en","title":"Post-Bell｜S&P 500 Ends near Flat but Index Posts Biggest Weekly Gain of Year; DWAC Fell 14% After Trump Social Media Merger Approved","url":"https://stock-news.laohu8.com/highlight/detail?id=1169438670","media":"Tiger Newspress","summary":"The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts ","content":"<html><head></head><body><p>The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts by year's end.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 305.47 points, or 0.77%, to 39,475.90, the S&P 500 lost 7.35 points, or 0.14%, to 5,234.18 and the Nasdaq Composite gained 26.98 points, or 0.16%, to 16,428.82.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6a8c4f2668464f1b71351522da202f7\" tg-width=\"931\" tg-height=\"151\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>FedEx</strong> reported fiscal third-quarter earnings that beat analysts’ estimates, as the shipping giant’s cost-cutting efforts overshadowed lower sales and reduced demand. FedEx also raised its fiscal 2024 guidance and announced a buyback of $5 billion of stock. Shares of FedEx gained 7.4%, while those of rival United Parcel Service rose 0.6%.</p><p><strong>Nike</strong> posted fiscal third-quarter revenue that rose slightly from a year earlier, but shares fell 6.9% after the sneaker and apparel company said the first half of fiscal 2025 would be challenging, with sales down by low single-digit percentages year over year. “This reflects near term-headwinds from life cycle management of our key product franchises,” said Chief Financial Officer Matthew Friend on an earnings call with analysts, as well as the “subdued” global macroeconomic outlook.</p><p><strong>Foot Locker</strong> rose 3.1% to $24.39 after Citi upgraded the stock to Neutral from Sell and raised the price target to $24 from $19.</p><p><strong>Apple</strong> rose 0.5%. Shares had tumbled 4.1% on Thursday, when the tech giant was sued by the Justice Department, which alleged the iPhone provider violated federal law to preserve its dominant position in the mobile phone market. Apple pushed back on the notion that the iPhone is a monopoly or that it had abused its position. “This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets,” Apple said. “If successful, it would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect.”</p><p>Fourth-quarter earnings at <strong>Lululemon Athletica</strong> topped expectations, but the stock tumbled 16% after the athleisure company’s guidance for the fiscal first quarter and year was short of analysts’ expectations.</p><p><strong>Tesla</strong> fell 1.2% following a report from Bloomberg that said the company has reduced electric-vehicle production at its plant in China. Tesla earlier this month instructed employees at its Shanghai facility to lower production of both the Model Y sport-utility vehicle and Model 3 sedan by working fewer days a week, people familiar with the matter told Bloomberg.</p><p><strong>Nvidia</strong> rose 3.1% to $942.89. UBS analysts raised their price target on the chip maker to $1,100 from $800 and maintained a Buy rating on the stock.</p><p>U.S.-listed shares of <strong>Baidu</strong> rose 0.5% after The Wall Street Journal reported that Apple has held preliminary talks with the Chinese company about using its generative artificial-intelligence technology in its devices in China.</p><p><strong>Reddit</strong>, the popular news aggregation social media site, fell 8.8% to $46 on Friday. The stock debuted Thursday at $47 a share and closed at $50.44, a jump of 48.4% above the initial public offering price of $34.</p><p><strong>Best Buy</strong> rose 1.5% to $81.66 after analysts at J.P. Morgan upgraded shares of the electronics retailer to Overweight from Neutral and raised their price target to $101 from $89.</p><p><strong>Digital World Acquisition</strong>, the so-called blank check company seeking to take Donald Trump’s Truth Social public, fell 14% after shareholders approved a merger of the two companies.</p><h2 id=\"id_3378142872\">Market News</h2><p><strong>Gunmen kill 40 in attack at concert near Moscow, over 100 injured, Russia says</strong></p><p>At least 40 people were killed and 145 wounded on Friday when camouflage-clad gunmen opened fire with automatic weapons on concertgoers near Moscow in one of the deadliest attacks on Russia in decades.</p><p>Islamic State, the militant group that once sought control over swathes of Iraq and Syria, claimed responsibility for the attack, the group's Amaq agency said on Telegram.</p><p><strong>Fed's Bostic scales back to single rate cut on inflation concerns</strong></p><p>Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year instead of the two he had projected, citing persistent inflation and stronger-than-anticipated economic data.</p><p>"I'm definitely less confident than I was in December" that inflation will continue to fall towards the Fed's 2% target, Bostic told reporters after a forum. Price pressure concerns led him to scale back this year's rate-cut outlook and push back the likely start date, he added.</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>Post-Bell｜S&P 500 Ends near Flat but Index Posts Biggest Weekly Gain of Year; DWAC Fell 14% After Trump Social Media Merger Approved</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\">\nPost-Bell｜S&P 500 Ends near Flat but Index Posts Biggest Weekly Gain of Year; DWAC Fell 14% After Trump Social Media Merger Approved\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\">2024-03-23 07:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts by year's end.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 305.47 points, or 0.77%, to 39,475.90, the S&P 500 lost 7.35 points, or 0.14%, to 5,234.18 and the Nasdaq Composite gained 26.98 points, or 0.16%, to 16,428.82.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6a8c4f2668464f1b71351522da202f7\" tg-width=\"931\" tg-height=\"151\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>FedEx</strong> reported fiscal third-quarter earnings that beat analysts’ estimates, as the shipping giant’s cost-cutting efforts overshadowed lower sales and reduced demand. FedEx also raised its fiscal 2024 guidance and announced a buyback of $5 billion of stock. Shares of FedEx gained 7.4%, while those of rival United Parcel Service rose 0.6%.</p><p><strong>Nike</strong> posted fiscal third-quarter revenue that rose slightly from a year earlier, but shares fell 6.9% after the sneaker and apparel company said the first half of fiscal 2025 would be challenging, with sales down by low single-digit percentages year over year. “This reflects near term-headwinds from life cycle management of our key product franchises,” said Chief Financial Officer Matthew Friend on an earnings call with analysts, as well as the “subdued” global macroeconomic outlook.</p><p><strong>Foot Locker</strong> rose 3.1% to $24.39 after Citi upgraded the stock to Neutral from Sell and raised the price target to $24 from $19.</p><p><strong>Apple</strong> rose 0.5%. Shares had tumbled 4.1% on Thursday, when the tech giant was sued by the Justice Department, which alleged the iPhone provider violated federal law to preserve its dominant position in the mobile phone market. Apple pushed back on the notion that the iPhone is a monopoly or that it had abused its position. “This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets,” Apple said. “If successful, it would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect.”</p><p>Fourth-quarter earnings at <strong>Lululemon Athletica</strong> topped expectations, but the stock tumbled 16% after the athleisure company’s guidance for the fiscal first quarter and year was short of analysts’ expectations.</p><p><strong>Tesla</strong> fell 1.2% following a report from Bloomberg that said the company has reduced electric-vehicle production at its plant in China. Tesla earlier this month instructed employees at its Shanghai facility to lower production of both the Model Y sport-utility vehicle and Model 3 sedan by working fewer days a week, people familiar with the matter told Bloomberg.</p><p><strong>Nvidia</strong> rose 3.1% to $942.89. UBS analysts raised their price target on the chip maker to $1,100 from $800 and maintained a Buy rating on the stock.</p><p>U.S.-listed shares of <strong>Baidu</strong> rose 0.5% after The Wall Street Journal reported that Apple has held preliminary talks with the Chinese company about using its generative artificial-intelligence technology in its devices in China.</p><p><strong>Reddit</strong>, the popular news aggregation social media site, fell 8.8% to $46 on Friday. The stock debuted Thursday at $47 a share and closed at $50.44, a jump of 48.4% above the initial public offering price of $34.</p><p><strong>Best Buy</strong> rose 1.5% to $81.66 after analysts at J.P. Morgan upgraded shares of the electronics retailer to Overweight from Neutral and raised their price target to $101 from $89.</p><p><strong>Digital World Acquisition</strong>, the so-called blank check company seeking to take Donald Trump’s Truth Social public, fell 14% after shareholders approved a merger of the two companies.</p><h2 id=\"id_3378142872\">Market News</h2><p><strong>Gunmen kill 40 in attack at concert near Moscow, over 100 injured, Russia says</strong></p><p>At least 40 people were killed and 145 wounded on Friday when camouflage-clad gunmen opened fire with automatic weapons on concertgoers near Moscow in one of the deadliest attacks on Russia in decades.</p><p>Islamic State, the militant group that once sought control over swathes of Iraq and Syria, claimed responsibility for the attack, the group's Amaq agency said on Telegram.</p><p><strong>Fed's Bostic scales back to single rate cut on inflation concerns</strong></p><p>Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year instead of the two he had projected, citing persistent inflation and stronger-than-anticipated economic data.</p><p>"I'm definitely less confident than I was in December" that inflation will continue to fall towards the Fed's 2% target, Bostic told reporters after a forum. Price pressure concerns led him to scale back this year's rate-cut outlook and push back the likely start date, he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169438670","content_text":"The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts by year's end.Market SnapshotThe Dow Jones Industrial Average fell 305.47 points, or 0.77%, to 39,475.90, the S&P 500 lost 7.35 points, or 0.14%, to 5,234.18 and the Nasdaq Composite gained 26.98 points, or 0.16%, to 16,428.82.Market MoversFedEx reported fiscal third-quarter earnings that beat analysts’ estimates, as the shipping giant’s cost-cutting efforts overshadowed lower sales and reduced demand. FedEx also raised its fiscal 2024 guidance and announced a buyback of $5 billion of stock. Shares of FedEx gained 7.4%, while those of rival United Parcel Service rose 0.6%.Nike posted fiscal third-quarter revenue that rose slightly from a year earlier, but shares fell 6.9% after the sneaker and apparel company said the first half of fiscal 2025 would be challenging, with sales down by low single-digit percentages year over year. “This reflects near term-headwinds from life cycle management of our key product franchises,” said Chief Financial Officer Matthew Friend on an earnings call with analysts, as well as the “subdued” global macroeconomic outlook.Foot Locker rose 3.1% to $24.39 after Citi upgraded the stock to Neutral from Sell and raised the price target to $24 from $19.Apple rose 0.5%. Shares had tumbled 4.1% on Thursday, when the tech giant was sued by the Justice Department, which alleged the iPhone provider violated federal law to preserve its dominant position in the mobile phone market. Apple pushed back on the notion that the iPhone is a monopoly or that it had abused its position. “This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets,” Apple said. “If successful, it would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect.”Fourth-quarter earnings at Lululemon Athletica topped expectations, but the stock tumbled 16% after the athleisure company’s guidance for the fiscal first quarter and year was short of analysts’ expectations.Tesla fell 1.2% following a report from Bloomberg that said the company has reduced electric-vehicle production at its plant in China. Tesla earlier this month instructed employees at its Shanghai facility to lower production of both the Model Y sport-utility vehicle and Model 3 sedan by working fewer days a week, people familiar with the matter told Bloomberg.Nvidia rose 3.1% to $942.89. UBS analysts raised their price target on the chip maker to $1,100 from $800 and maintained a Buy rating on the stock.U.S.-listed shares of Baidu rose 0.5% after The Wall Street Journal reported that Apple has held preliminary talks with the Chinese company about using its generative artificial-intelligence technology in its devices in China.Reddit, the popular news aggregation social media site, fell 8.8% to $46 on Friday. The stock debuted Thursday at $47 a share and closed at $50.44, a jump of 48.4% above the initial public offering price of $34.Best Buy rose 1.5% to $81.66 after analysts at J.P. Morgan upgraded shares of the electronics retailer to Overweight from Neutral and raised their price target to $101 from $89.Digital World Acquisition, the so-called blank check company seeking to take Donald Trump’s Truth Social public, fell 14% after shareholders approved a merger of the two companies.Market NewsGunmen kill 40 in attack at concert near Moscow, over 100 injured, Russia saysAt least 40 people were killed and 145 wounded on Friday when camouflage-clad gunmen opened fire with automatic weapons on concertgoers near Moscow in one of the deadliest attacks on Russia in decades.Islamic State, the militant group that once sought control over swathes of Iraq and Syria, claimed responsibility for the attack, the group's Amaq agency said on Telegram.Fed's Bostic scales back to single rate cut on inflation concernsAtlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year instead of the two he had projected, citing persistent inflation and stronger-than-anticipated economic data.\"I'm definitely less confident than I was in December\" that inflation will continue to fall towards the Fed's 2% target, Bostic told reporters after a forum. Price pressure concerns led him to scale back this year's rate-cut outlook and push back the likely start date, he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}