Profile - To The Moon

AlvinTing

Posts · 306Posts · 306
Following · 0Following · 0
Followers · 0Followers · 0

- AlvinTingAlvinTing
  ·2022-10-13
  $Tesla Motors(TSLA)$
  348 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-12
  $Tesla Motors(TSLA)$
  279 Comment
  1
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-10
  $Tesla Motors(TSLA)$
  346 Comment
  1
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-09
  $Tesla Motors(TSLA)$
  366 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-07
  $Tesla Motors(TSLA)$
  496 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-06
  $Tesla Motors(TSLA)$
  479 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-06
  O
  How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock
  Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suis
  How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock
  210 Comment
  5
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-05
  $Amazon.com(AMZN)$
  237 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-03
  $Alphabet(GOOG)$
  154 Comment
  Like
  Share
  Report
- AlvinTingAlvinTing
  ·2022-10-02
  $Tesla Motors(TSLA)$
  460 Comment
  Like
  Share
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3573353671865836","uuid":"3573353671865836","gmtCreate":1610263578117,"gmtModify":1620353010158,"name":"AlvinTing","pinyin":"alvinting","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":32,"headSize":428,"tweetSize":306,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.08","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.06","exceedPercentage":"80.41%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.69%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":6,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9980964452,"gmtCreate":1665630483977,"gmtModify":1676537639387,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980964452","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917566520,"gmtCreate":1665542111761,"gmtModify":1676537624301,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917566520","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917091116,"gmtCreate":1665377552135,"gmtModify":1676537595898,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917091116","isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914670221,"gmtCreate":1665280270563,"gmtModify":1676537580977,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914670221","isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914933790,"gmtCreate":1665153399710,"gmtModify":1676537565400,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914933790","isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915680249,"gmtCreate":1665020534381,"gmtModify":1676537545489,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915680249","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915617084,"gmtCreate":1665020436148,"gmtModify":1676537545448,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915617084","repostId":"2273480168","repostType":4,"repost":{"id":"2273480168","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1665017886,"share":"https://ttm.financial/m/news/2273480168?lang=&edition=fundamental","pubTime":"2022-10-06 08:58","market":"us","language":"en","title":"How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2273480168","media":"Dow Jones","summary":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suis","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a Social-Media Frenzy Around Credit Suisse Rattled Its Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-06 08:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4579":"人工智能","BK4516":"特朗普概念","TWTR":"Twitter","BK4552":"Archegos爆仓风波概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4118":"综合性资本市场","BK4508":"社交媒体"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273480168","content_text":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’A loud online chorus set its sights on one of Switzerland's biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed \"Debit Suisse.\"Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world's rich, began flying late last week with social-media chatter about the company's tumbling share price. The company's chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank's capital strength and liquidity.The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was \"on the brink\" helped fuel speculation.On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. \"How the mighty have fallen,\" posted CNBC's Jim Cramer.When markets opened Monday, the fallout was swift. The bank's shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank's riskiest bonds dropped sharply, and the cost of insuring Credit Suisse's debt against default surged.The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.\"The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,\" said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William & Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a \"catastrophic mind-set.\"Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.\"When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,\" Mr. Lewis said. \"Someone is losing in this, and we're just waiting to see who it is.\"Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank's near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.The  surge of posts on sites such as Reddit's WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven't historically needed to spend much time scouring Reddit.Wall Street analysts rushed to the bank's defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse's \"capital and liquidity position as healthy.\" At Citigroup, analysts said: \"This is not 2008.\"By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse's Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank's debt against default also declined.While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse's American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.\"It just sort of took off like wildfire,\" said Mr. Lewis of Wall Street Silver. On social media, he said, \"it's more about laughing at the tragedy.\" He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. \"Imagine if we had social media in 2008,\" Mr. Lewis said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915319302,"gmtCreate":1664953578007,"gmtModify":1676537535412,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a><v-v data-views=\"1\"></v-v>","text":"$Amazon.com(AMZN)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915319302","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912105787,"gmtCreate":1664764935349,"gmtModify":1676537504666,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a><v-v data-views=\"1\"></v-v>","text":"$Alphabet(GOOG)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912105787","isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916442350,"gmtCreate":1664673886070,"gmtModify":1676537491587,"author":{"id":"3573353671865836","authorId":"3573353671865836","name":"AlvinTing","avatar":"https://static.tigerbbs.com/ed0f901d5fc162b9425bee2ba85b397f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573353671865836","authorIdStr":"3573353671865836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916442350","isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}