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08-05

Good jobsss

Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%

08-09

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10-13

$SPDR S&P 500 ETF Trust(SPY)$

08-26

$NVIDIA Corp(NVDA)$

08-26

$Bilibili Inc.(BILI)$

08-26

You are invited to enjoy the ultimate US & HK trading experience

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08-23

$Tesla Motors(TSLA)$

08-06

$NVIDIA Corp(NVDA)$

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0-commission trades for US &amp; HK stocks for 180 days*","listText":"Find out more here:<a href=\"https://www.tigertrader.app/activity/market/2023/welcome-idn?template=AC1685957318513qMhBwb&amp;is_invite=false&amp;utm_campaign=AC1685950212676jSRgDl&amp;adcode=AC1685957318513qMhBwb&amp;utm_medium=tiger_community&amp;shareID=53669ea80657a1fd37a0821953a17fd8&amp;invite=N2KI2U&amp;lang=id_ID&amp;platform=android&amp;utm_source=invite\">Join Tiger and enjoy cash reward</a> Deposit to win cash worth up to USD 33 &amp; 0-commission trades for US &amp; HK stocks for 180 days*","text":"Find out more here:Join Tiger and enjoy cash reward Deposit to win cash worth up to USD 33 & 0-commission trades for US & HK stocks for 180 days*","images":[{"img":"https://static.tigerbbs.com/3cbedc84fe736cec9dc7913c3d9d9a49"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336465108635872","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":335452956123288,"gmtCreate":1722927626013,"gmtModify":1723087539386,"author":{"id":"4185939388119132","authorId":"4185939388119132","name":"PEDRO","avatar":"https://community-static.tradeup.com/news/162a64513ddb4e6fb1c69c9954cea301","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4185939388119132","authorIdStr":"4185939388119132"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335452956123288","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335187304341736,"gmtCreate":1722862682090,"gmtModify":1722866533125,"author":{"id":"4185939388119132","authorId":"4185939388119132","name":"PEDRO","avatar":"https://community-static.tradeup.com/news/162a64513ddb4e6fb1c69c9954cea301","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4185939388119132","authorIdStr":"4185939388119132"},"themes":[],"htmlText":"Good jobsss","listText":"Good jobsss","text":"Good jobsss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335187304341736","repostId":"1127736797","repostType":2,"repost":{"id":"1127736797","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":1722859268,"share":"https://ttm.financial/m/news/1127736797?lang=&edition=fundamental","pubTime":"2024-08-05 20:01","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1127736797","media":"Tiger Newspress","summary":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global m","content":"<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%</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; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%\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\">2024-08-05 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127736797","content_text":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.Market SnapshotAt 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.Pre-Market MoversNvidia was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.Japanese stocks traded in the U.S. fell sharply. Sumitomo Mitsui Financial Group was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.Berkshire Hathaway’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.Intel stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.Coinbase Global fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.Kellanova was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.AMC Entertainment was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’sInside Out 2, which is now the highest grossing animated movie of all time.”Amazon.com fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.Palantir was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.Market NewsTyson Foods tops quarterly estimates as demand rebounds, costs begin to fallTyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.The U.S. meat packer's net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts' estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.BioNTech counts on shift to cancer drugs after second quarter losses quadrupleLosses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":335187304341736,"gmtCreate":1722862682090,"gmtModify":1722866533125,"author":{"id":"4185939388119132","authorId":"4185939388119132","name":"PEDRO","avatar":"https://community-static.tradeup.com/news/162a64513ddb4e6fb1c69c9954cea301","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4185939388119132","authorIdStr":"4185939388119132"},"themes":[],"htmlText":"Good jobsss","listText":"Good jobsss","text":"Good jobsss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335187304341736","repostId":"1127736797","repostType":2,"repost":{"id":"1127736797","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":1722859268,"share":"https://ttm.financial/m/news/1127736797?lang=&edition=fundamental","pubTime":"2024-08-05 20:01","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1127736797","media":"Tiger Newspress","summary":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global m","content":"<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%\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\">2024-08-05 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127736797","content_text":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.Market SnapshotAt 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.Pre-Market MoversNvidia was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.Japanese stocks traded in the U.S. fell sharply. Sumitomo Mitsui Financial Group was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.Berkshire Hathaway’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.Intel stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.Coinbase Global fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.Kellanova was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.AMC Entertainment was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’sInside Out 2, which is now the highest grossing animated movie of all time.”Amazon.com fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.Palantir was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.Market NewsTyson Foods tops quarterly estimates as demand rebounds, costs begin to fallTyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.The U.S. meat packer's net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts' estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.BioNTech counts on shift to cancer drugs after second quarter losses quadrupleLosses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336465108635872,"gmtCreate":1723180891504,"gmtModify":1723181797060,"author":{"id":"4185939388119132","authorId":"4185939388119132","name":"PEDRO","avatar":"https://community-static.tradeup.com/news/162a64513ddb4e6fb1c69c9954cea301","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4185939388119132","authorIdStr":"4185939388119132"},"themes":[],"title":"Join Tiger and enjoy cash reward","htmlText":"Find out more here:<a href=\"https://www.tigertrader.app/activity/market/2023/welcome-idn?template=AC1685957318513qMhBwb&amp;is_invite=false&amp;utm_campaign=AC1685950212676jSRgDl&amp;adcode=AC1685957318513qMhBwb&amp;utm_medium=tiger_community&amp;shareID=53669ea80657a1fd37a0821953a17fd8&amp;invite=N2KI2U&amp;lang=id_ID&amp;platform=android&amp;utm_source=invite\">Join Tiger and enjoy cash reward</a> Deposit to win cash worth up to USD 33 &amp; 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