Microsoft’s Dollar Alarm Raises New Worry for Software Stocks

Bloomberg2022-06-04

(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...

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Comment（18）

AuntieAaA
·2022-06-06
ok
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VivianChua
·2022-06-05
Hope can recover 💚💚💚
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YueShan
·2022-06-05
Ok
Reply
1
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TaiJin
·2022-06-05
[Miser]
Reply
1
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Goodmeng
·2022-06-05
Noted
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Seah CL
·2022-06-05
K
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Ceres303
·2022-06-05
Thank you
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Sherry0000
·2022-06-05
👍🏻
Reply
3
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AuntieAaA
·2022-06-04
Will improve
Reply
1
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TaiJin
·2022-06-04
[Miser]
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3
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Loyster
·2022-06-04
Usd strengthen die, usd weaken even higher inflation also die. So basically is die US die.
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4
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Huatahhuat
·2022-06-04
I'm scared tooooo
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4
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MSTAN
·2022-06-04
👌👌
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5
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MrHuattt
·2022-06-04
Ok
Reply
3
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AlanGoh
·2022-06-04
Truly a high used makes sass subscriptions inflated, not because it is more expensive. But factually, higher interest rate makes usd stronger. Sigh !
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5
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QuantDev
·2022-06-04
dont invest in tech companies for now?
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3
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SteadyDoesIt
·2022-06-04
Lots of problems ahead
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4
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DarkFate
·2022-06-04
Like
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5
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The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9053348766,"gmtCreate":1654487853955,"gmtModify":1676535456362,"author":{"id":"3583049143664216","authorId":"3583049143664216","name":"AuntieAaA","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053348766","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059423903,"gmtCreate":1654411238602,"gmtModify":1676535444635,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Hope can recover 💚💚💚","listText":"Hope can recover 💚💚💚","text":"Hope can recover 💚💚💚","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059423903","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059430536,"gmtCreate":1654403801226,"gmtModify":1676535443552,"author":{"id":"3583033297199166","authorId":"3583033297199166","name":"YueShan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059430536","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059551500,"gmtCreate":1654398275800,"gmtModify":1676535442102,"author":{"id":"3585363622677550","authorId":"3585363622677550","name":"TaiJin","avatar":"https://static.tigerbbs.com/24d2d840485600ee9789f516e956a70f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059551500","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059568128,"gmtCreate":1654396192964,"gmtModify":1676535441685,"author":{"id":"3575588910593021","authorId":"3575588910593021","name":"Goodmeng","avatar":"https://static.tigerbbs.com/96dc060537e6112d51026eaa7dd4db92","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059568128","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059241082,"gmtCreate":1654390310646,"gmtModify":1676535439365,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059241082","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059255861,"gmtCreate":1654390106253,"gmtModify":1676535439211,"author":{"id":"4101054379237840","authorId":"4101054379237840","name":"Ceres303","avatar":"https://community-static.tradeup.com/news/5b052b81fbe6fbc80405e8007d2ddc1e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Thank you","listText":"Thank you","text":"Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059255861","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059217846,"gmtCreate":1654387326486,"gmtModify":1676535438264,"author":{"id":"4094293265127660","authorId":"4094293265127660","name":"Sherry0000","avatar":"https://static.tigerbbs.com/5976eb8b8d34e9053356f5790ff80cbf","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059217846","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059874980,"gmtCreate":1654345153640,"gmtModify":1676535434195,"author":{"id":"3583049143664216","authorId":"3583049143664216","name":"AuntieAaA","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Will improve","listText":"Will improve","text":"Will improve","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059874980","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059851726,"gmtCreate":1654337798265,"gmtModify":1676535433559,"author":{"id":"3585363622677550","authorId":"3585363622677550","name":"TaiJin","avatar":"https://static.tigerbbs.com/24d2d840485600ee9789f516e956a70f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059851726","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059825158,"gmtCreate":1654336115675,"gmtModify":1676535433363,"author":{"id":"3575606799202348","authorId":"3575606799202348","name":"Loyster","avatar":"https://static.tigerbbs.com/da4d06d71ec4de80793bbddf8e13b45a","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Usd strengthen die, usd weaken even higher inflation also die. So basically is die US die.","listText":"Usd strengthen die, usd weaken even higher inflation also die. So basically is die US die.","text":"Usd strengthen die, usd weaken even higher inflation also die. So basically is die US die.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059825158","repostId":2240127730,"repostType":2,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059862500,"gmtCreate":1654332421400,"gmtModify":1676535433116,"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"I'm scared tooooo&nbsp;","listText":"I'm scared tooooo&nbsp;","text":"I'm scared tooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059862500","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059863983,"gmtCreate":1654331586842,"gmtModify":1676535433009,"author":{"id":"4089461104605170","authorId":"4089461104605170","name":"MSTAN","avatar":"https://static.itradeup.com/news/1d0ff53a35c30afecbd1fa0c5ed59f07","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"👌👌","listText":"👌👌","text":"👌👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059863983","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059884238,"gmtCreate":1654330634024,"gmtModify":1676535432919,"author":{"id":"4089116574465250","authorId":"4089116574465250","name":"MrHuattt","avatar":"https://community-static.tradeup.com/news/e67f8f8c2b0192fadc4cd499a84e6c8b","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059884238","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059816409,"gmtCreate":1654326627101,"gmtModify":1676535432556,"author":{"id":"3570187411453325","authorId":"3570187411453325","name":"AlanGoh","avatar":"https://static.tigerbbs.com/de7c3c15ca8d800dc8cfed7fb85ee1b3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Truly a high used makes sass&nbsp;subscriptions inflated, not because it is more expensive. But factually,&nbsp;higher interest rate makes usd stronger. Sigh !","listText":"Truly a high used makes sass&nbsp;subscriptions inflated, not because it is more expensive. But factually,&nbsp;higher interest rate makes usd stronger. Sigh !","text":"Truly a high used makes sass subscriptions inflated, not because it is more expensive. But factually, higher interest rate makes usd stronger. Sigh !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059816409","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059818855,"gmtCreate":1654326150877,"gmtModify":1676535432516,"author":{"id":"4088337925106570","authorId":"4088337925106570","name":"QuantDev","avatar":"https://static.tigerbbs.com/84fe82d8b350201442d7ba3e131006a5","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":5,"crmLevelSwitch":0},"htmlText":"dont invest in tech companies for now?&nbsp;","listText":"dont invest in tech companies for now?&nbsp;","text":"dont invest in tech companies for now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059818855","repostId":2240127730,"repostType":2,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059811672,"gmtCreate":1654325989996,"gmtModify":1676535432485,"author":{"id":"4087620073091560","authorId":"4087620073091560","name":"SteadyDoesIt","avatar":"https://static.tigerbbs.com/ab599edb0711e3b18e0dda8931ea8e4a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Lots of problems ahead","listText":"Lots of problems ahead","text":"Lots of problems ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059811672","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9059894863,"gmtCreate":1654322043252,"gmtModify":1676535432178,"author":{"id":"4097476142152970","authorId":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059894863","repostId":2240127730,"repostType":4,"repost":{"id":"2240127730","pubTimestamp":1654320478,"share":"https://www.laohu8.com/m/news/2240127730?lang=&edition=full","pubTime":"2022-06-04 13:27","market":"us","language":"en","title":"Microsoft’s Dollar Alarm Raises New Worry for Software Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2240127730","media":"Bloomberg","summary":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt anoth","content":"<html><head></head><body><p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp.</a> warned of even more headwinds coming down the pike.</p><p>The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&amp;P 500 Index tumbling.</p><p>Microsoft and other large US software makers such as <a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> and <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.</p><p>“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.</p><p>Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.</p><p>The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&amp;P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.</p><h3><b>Dollar Hedge</b></h3><p>Wall Street has been encouraged by strong financial results from software makers this earnings season. <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.</p><p>Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.</p><p>For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.</p><p>But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.</p><p>“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”</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>Microsoft’s Dollar Alarm Raises New Worry for Software Stocks</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\">\nMicrosoft’s Dollar Alarm Raises New Worry for Software Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ORCL":"甲骨文","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-03/microsoft-s-dollar-alarm-raises-new-worry-for-software-stocks?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240127730","content_text":"(Bloomberg) -- Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike.The world’s largest software maker cut its profit forecast for the current quarter on Thursday and blamed the surging US dollar for an upcoming drag on its earnings to the tune of $460 million. The company’s rare mid-season revision took markets by surprise and briefly sent futures on the S&P 500 Index tumbling.Microsoft and other large US software makers such as Oracle Corp. and Adobe Inc. , have complex global operations and higher exposure to foreign currencies. The US Dollar Index has risen more than 7% off a January low, and last month hit its highest in two decades. The more expensive dollar is bound to add to pressures already threatening the companies’ margins such as higher costs.“A strong dollar will be a recurring theme across many large software companies, as most generate over one-third of their sales outside the US,” said Anurag Rana, senior analyst with Bloomberg Intelligence.Soaring U.S. Treasury yields and expectations of tighter monetary policy from the Federal Reserve have caused investors to flee software stocks with pricey valuations and whose profits are expected to be delivered far in the future.The iShares Expanded Tech-Software Sector ETF is down 24% in 2022, including a drop of 1.6% in Friday’s session. A Goldman Sachs basket of the priciest software names is down more than 45%, while the broad S&P 500 Index is down 14%. Microsoft is on track to end the week 1.2% lower.Dollar HedgeWall Street has been encouraged by strong financial results from software makers this earnings season. Salesforce Inc. this week gave a bullish full-year forecast but said results were hurt by the dollar’s strength, and warned that it expects the issue to extend into the second quarter.Companies with larger exposure to currencies like Salesforce will have to look into hedging strategies to protect against the dollar strength, said Brendan McKenna, a strategist at Wells Fargo. He sees the dollar bulking up against most developed countries’ currencies, as well as those from emerging markets, with few exceptions.For now, analysts have remained sanguine about profits lost to foreign-exchange rates, focusing instead on strong fundamentals that point to the group’s resilience in the face of slowing economic growth.But for some investors, there are still too many risks to justify piling back into software stocks despite more attractive prices.“They’re more attractive than they were, but we won’t chase the quality names lower thinking they’re bargains yet,” Stephen Hoedt, managing director of equity research at Key Private Bank. “Cheap can quickly become cheaper in a rising-rate environment.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":356,"commentSize":18,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}