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HuatTheFffff

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- HuatTheFffffHuatTheFffff
  ·2023-03-17
  Hmmmm
  First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue
  JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy
  First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue
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- HuatTheFffffHuatTheFffff
  ·2023-03-17
  Hmmmm
  These Stocks Are Moving the Most Today: First Republic, Credit Suisse, Proterra, Adobe, UiPath, Signet, and More
  Stocks traded sharply higher Thursday after a consortium of banks pumped capital into beleagued Firs
  These Stocks Are Moving the Most Today: First Republic, Credit Suisse, Proterra, Adobe, UiPath, Signet, and More
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- HuatTheFffffHuatTheFffff
  ·2023-03-17
  Hmmmmm
  Singapore Shares Tipped To Bounce Higher On Friday
  The Singapore stock market moved lower again on Thursday, one session after ending the five-day losi
  Singapore Shares Tipped To Bounce Higher On Friday
  505 Comment
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- HuatTheFffffHuatTheFffff
  ·2023-01-13
  $Toll Brothers(TOL)$ luxury homes...anyone?
  786 Comment
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- HuatTheFffffHuatTheFffff
  ·2022-06-27
  Hmmm..
  NIO - Proceed With Caution
  NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both
  NIO - Proceed With Caution
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- HuatTheFffffHuatTheFffff
  ·2022-06-14
  $AMD(AMD)$hmmm...
  567 Comment
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- HuatTheFffffHuatTheFffff
  ·2022-06-14
  $Apple(AAPL)$hmmm...
  621 Comment
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- HuatTheFffffHuatTheFffff
  ·2022-06-13
  $S&P 500(.SPX)$here we go...
  617 Comment
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- HuatTheFffffHuatTheFffff
  ·2022-06-13
  $Apple(AAPL)$still...
  496 Comment
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- HuatTheFffffHuatTheFffff
  ·2022-06-11
  $Apple(AAPL)$ooooh well...
  509 Comment
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07:12","market":"us","language":"en","title":"First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=1170952277","media":"Bloomberg","summary":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy","content":"<html><head></head><body><ul><li>JPMorgan, BofA, Citi, Wells Fargo among lenders contributing</li><li>Plan shows ‘resilience of the banking system,’ regulators say</li></ul><p>The biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.</p><p>JPMorgan Chase &amp; Co., Bank of America Corp., Citigroup Inc. and Wells Fargo &amp; Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.</p><p>“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.</p><p><img src=\"https://static.tigerbbs.com/dbbca686ada81d9e2312e9aebe7bd164\" tg-width=\"727\" tg-height=\"224\" referrerpolicy=\"no-referrer\"/>First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.</p><p>“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.</p><p>Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.</p><p>The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.</p><p>Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.</p><p>Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.</p><p>In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.</p><h3>Bank’s Future</h3><p>As with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.</p><p>The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.</p><p>Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.</p><p>Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.</p><p>First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.</p><p>Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.</p><p>First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”</p><p>As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.</p><p>First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.</p><p>First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.</p><p>“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.</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>First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue</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\">\nFirst Republic Gets $30 Billion of Fresh Deposits in Bank Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?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":{"C":"花旗","JPM":"摩根大通"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170952277","content_text":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.Bank’s FutureAs with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943908556,"gmtCreate":1679013409575,"gmtModify":1679013413272,"author":{"id":"3578872226242271","authorId":"3578872226242271","name":"HuatTheFffff","avatar":"https://static.tigerbbs.com/0527037d5c52f1988db54abc7a9d0836","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578872226242271","authorIdStr":"3578872226242271"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943908556","repostId":"1118077895","repostType":4,"repost":{"id":"1118077895","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679009529,"share":"https://ttm.financial/m/news/1118077895?lang=&edition=fundamental","pubTime":"2023-03-17 07:32","market":"us","language":"en","title":"These Stocks Are Moving the Most Today: First Republic, Credit Suisse, Proterra, Adobe, UiPath, Signet, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1118077895","media":"Dow Jones","summary":"Stocks traded sharply higher Thursday after a consortium of banks pumped capital into beleagued Firs","content":"<html><head></head><body><p>Stocks traded sharply higher Thursday after a consortium of banks pumped capital into beleagued <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a>. Meanwhile, Swiss banking giant Credit Suisse said it would use an option to borrow as much as 50 billion Swiss francs ($54 billion) from the country’s central bank.</p><p>The European Central Bank raised interest rates by half of a percentage point despite the volatility in the banking sector.</p><p>These stocks moved Thursday:</p><p><a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> (ticker: FRC) rose 10% Thursday. A group of 11 banks including <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> (BAC), <a href=\"https://laohu8.com/S/C\">Citigroup</a> (C), and <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> (JPM) have agreed to make $30 billion in deposits in the California-based bank.</p><p>American depositary receipts of Credit Suisse (CS) ended the day flat after tumbling nearly 14% on Wednesday after the bank’s largest shareholder, the Saudi National Bank, said it wouldn’t be investing any more money in the lender. The news sent global bank shares spinning lower. It was up about 5% earlier Thursday.</p><p>Proterra (PTRA), the electric bus and battery maker, sank 54% after warning it doubts it can survive in its current form.</p><p><a href=\"https://laohu8.com/S/SNAP\">Snap </a>, the parent of Snapchat, and Meta Platforms (META), which owns Facebook and Instagram, rose 7.4% and 3.6%, respectively, after The Wall Street Journal reported the Biden administration has demanded Chinese tech company ByteDance sell the U.S. arm of popular short video service TikTok or face a potential ban.</p><p>Software company <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> (ADBE) reported fiscal first-quarter earnings that topped its own guidance, as well as Wall Street estimates. The company also boosted its fiscal-year outlook. The stock rose 5.9%.</p><p><a href=\"https://laohu8.com/S/PATH\">UiPath</a> (PATH) jumped 18% after fourth-quarter results topped expectations and the company issued revenue outlooks for the fiscal first quarter and year that also beat Wall Street estimates.</p><p>Virgin Orbit (VORB) fell 30% after saying it would be halting its operations, effective Thursday. The company, which is company seeking to launch satellites as a commercial service, expects to provide an update on its operational pause in the coming weeks, a company spokesperson told Dow Jones Newswires.</p><p>PagerDuty (PD), the incident management software provider, reported record quarterly revenue of $101 million in the fiscal fourth quarter and the stock rose 15%.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> (SQ) was upgraded to Buy from Neutral at <a href=\"https://laohu8.com/S/MFG\">Mizuho</a>, and the price target was raised to $93 from $80. Shares rose 1.4% to $75.09.</p><p><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a> rose 11% after fourth-quarter adjusted earnings at the owner of the Zales and Jared jewelry chains beat analysts’ forecasts.</p><p><a href=\"https://laohu8.com/S/DG\">Dollar General</a> (DG) fell 3% after the discount retailer reported fourth-quarter earnings of $2.96 vs. $2.57 a year earlier but issued a disappointing profit outlook for the year.</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>These Stocks Are Moving the Most Today: First Republic, Credit Suisse, Proterra, Adobe, UiPath, Signet, and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Stocks Are Moving the Most Today: First Republic, Credit Suisse, Proterra, Adobe, UiPath, Signet, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-03-17 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks traded sharply higher Thursday after a consortium of banks pumped capital into beleagued <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a>. Meanwhile, Swiss banking giant Credit Suisse said it would use an option to borrow as much as 50 billion Swiss francs ($54 billion) from the country’s central bank.</p><p>The European Central Bank raised interest rates by half of a percentage point despite the volatility in the banking sector.</p><p>These stocks moved Thursday:</p><p><a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> (ticker: FRC) rose 10% Thursday. A group of 11 banks including <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> (BAC), <a href=\"https://laohu8.com/S/C\">Citigroup</a> (C), and <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> (JPM) have agreed to make $30 billion in deposits in the California-based bank.</p><p>American depositary receipts of Credit Suisse (CS) ended the day flat after tumbling nearly 14% on Wednesday after the bank’s largest shareholder, the Saudi National Bank, said it wouldn’t be investing any more money in the lender. The news sent global bank shares spinning lower. It was up about 5% earlier Thursday.</p><p>Proterra (PTRA), the electric bus and battery maker, sank 54% after warning it doubts it can survive in its current form.</p><p><a href=\"https://laohu8.com/S/SNAP\">Snap </a>, the parent of Snapchat, and Meta Platforms (META), which owns Facebook and Instagram, rose 7.4% and 3.6%, respectively, after The Wall Street Journal reported the Biden administration has demanded Chinese tech company ByteDance sell the U.S. arm of popular short video service TikTok or face a potential ban.</p><p>Software company <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> (ADBE) reported fiscal first-quarter earnings that topped its own guidance, as well as Wall Street estimates. The company also boosted its fiscal-year outlook. The stock rose 5.9%.</p><p><a href=\"https://laohu8.com/S/PATH\">UiPath</a> (PATH) jumped 18% after fourth-quarter results topped expectations and the company issued revenue outlooks for the fiscal first quarter and year that also beat Wall Street estimates.</p><p>Virgin Orbit (VORB) fell 30% after saying it would be halting its operations, effective Thursday. The company, which is company seeking to launch satellites as a commercial service, expects to provide an update on its operational pause in the coming weeks, a company spokesperson told Dow Jones Newswires.</p><p>PagerDuty (PD), the incident management software provider, reported record quarterly revenue of $101 million in the fiscal fourth quarter and the stock rose 15%.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> (SQ) was upgraded to Buy from Neutral at <a href=\"https://laohu8.com/S/MFG\">Mizuho</a>, and the price target was raised to $93 from $80. Shares rose 1.4% to $75.09.</p><p><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a> rose 11% after fourth-quarter adjusted earnings at the owner of the Zales and Jared jewelry chains beat analysts’ forecasts.</p><p><a href=\"https://laohu8.com/S/DG\">Dollar General</a> (DG) fell 3% after the discount retailer reported fourth-quarter earnings of $2.96 vs. $2.57 a year earlier but issued a disappointing profit outlook for the year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","ADBE":"Adobe","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","SNAP":"Snap Inc","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","PTRA":"Proterra Inc.","BK4097":"系统软件","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","META":"Meta Platforms, Inc.","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4539":"次新股","BK4528":"SaaS概念","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4585":"ETF&股票定投概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118077895","content_text":"Stocks traded sharply higher Thursday after a consortium of banks pumped capital into beleagued First Republic Bank. Meanwhile, Swiss banking giant Credit Suisse said it would use an option to borrow as much as 50 billion Swiss francs ($54 billion) from the country’s central bank.The European Central Bank raised interest rates by half of a percentage point despite the volatility in the banking sector.These stocks moved Thursday:First Republic Bank (ticker: FRC) rose 10% Thursday. A group of 11 banks including Bank of America (BAC), Citigroup (C), and JPMorgan Chase (JPM) have agreed to make $30 billion in deposits in the California-based bank.American depositary receipts of Credit Suisse (CS) ended the day flat after tumbling nearly 14% on Wednesday after the bank’s largest shareholder, the Saudi National Bank, said it wouldn’t be investing any more money in the lender. The news sent global bank shares spinning lower. It was up about 5% earlier Thursday.Proterra (PTRA), the electric bus and battery maker, sank 54% after warning it doubts it can survive in its current form.Snap , the parent of Snapchat, and Meta Platforms (META), which owns Facebook and Instagram, rose 7.4% and 3.6%, respectively, after The Wall Street Journal reported the Biden administration has demanded Chinese tech company ByteDance sell the U.S. arm of popular short video service TikTok or face a potential ban.Software company Adobe (ADBE) reported fiscal first-quarter earnings that topped its own guidance, as well as Wall Street estimates. The company also boosted its fiscal-year outlook. The stock rose 5.9%.UiPath (PATH) jumped 18% after fourth-quarter results topped expectations and the company issued revenue outlooks for the fiscal first quarter and year that also beat Wall Street estimates.Virgin Orbit (VORB) fell 30% after saying it would be halting its operations, effective Thursday. The company, which is company seeking to launch satellites as a commercial service, expects to provide an update on its operational pause in the coming weeks, a company spokesperson told Dow Jones Newswires.PagerDuty (PD), the incident management software provider, reported record quarterly revenue of $101 million in the fiscal fourth quarter and the stock rose 15%.Block (SQ) was upgraded to Buy from Neutral at Mizuho, and the price target was raised to $93 from $80. Shares rose 1.4% to $75.09.Signet Jewelers rose 11% after fourth-quarter adjusted earnings at the owner of the Zales and Jared jewelry chains beat analysts’ forecasts.Dollar General (DG) fell 3% after the discount retailer reported fourth-quarter earnings of $2.96 vs. $2.57 a year earlier but issued a disappointing profit outlook for the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943908632,"gmtCreate":1679013396926,"gmtModify":1679013400073,"author":{"id":"3578872226242271","authorId":"3578872226242271","name":"HuatTheFffff","avatar":"https://static.tigerbbs.com/0527037d5c52f1988db54abc7a9d0836","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578872226242271","authorIdStr":"3578872226242271"},"themes":[],"htmlText":"Hmmmmm","listText":"Hmmmmm","text":"Hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943908632","repostId":"1145145948","repostType":4,"repost":{"id":"1145145948","pubTimestamp":1679011357,"share":"https://ttm.financial/m/news/1145145948?lang=&edition=fundamental","pubTime":"2023-03-17 08:02","market":"sg","language":"en","title":"Singapore Shares Tipped To Bounce Higher On Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1145145948","media":"RTTNews","summary":"The Singapore stock market moved lower again on Thursday, one session after ending the five-day losi","content":"<html><head></head><body><p>The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just above the 3,155-point plateau and it&#39;s predicted to open in the green again on Friday.</p><p>The global forecast for the Asian markets is upbeat on easing concerns over the ability of financial markets. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.</p><p>The STI finished modestly lower on Thursday following losses from the financials and industrials, while the properties were mixed and the REITs offered support.</p><p>For the day, the index lost 17.38 points or 0.55 percent to finish at 3,155.54 after trading between 3,134.03 and 3,176.67.</p><p>Among the actives, Ascendas REIT slid 0.36 percent, while CapitaLand Integrated Commercial Trust soared 2.13 percent, CapitaLand Investment slumped 0.86 percent, City Developments improved 0.85 percent, Comfort DelGro plunged 1.69 percent, DBS Group declined 1.27 percent, Emperador advanced 0.97 percent, Genting Singapore spiked 1.94 percent, Hongkong Land tanked 1.64 percent, Keppel Corp lost 0.56 percent, Mapletree Pan Asia Commercial Trust rose 0.58 percent, Mapletree Industrial Trust surged 2.60 percent, Mapletree Logistics Trust climbed 1.19 percent, Oversea-Chinese Banking Corporation and Keppel DC REIT both retreated 0.98 percent, SATS jumped 1.20 percent, SembCorp Industries eased 0.25 percent, Singapore Technologies Engineering was down 0.29 percent, SingTel fell 0.42 percent, Thai Beverage added 0.81 percent, United Overseas Bank sank 0.71 percent, Wilmar International gained 0.74 percent, Yangzijiang Financial plummeted 2.67 percent and Yangzijiang Shipbuilding tumbled 1.61 percent</p><p>The lead from Wall Street is broadly positive as the major averages quickly shook off a soft start on Thursday and accelerated firmly into positive territory, finishing near session highs.</p><p>The Dow surged 371.98 points or 1,17 percent to finish at 32,246.55, while the NASDAQ rallied 283.22 points or 2.48 percent to end at 11,717.28 and the S&amp;P 500 jumped68.35 points or 1.76 percent to close at 3,960.28.</p><p>Stocks rallied following news that 11 banks including JPMorgan Chase (JPM) and Morgan Stanley (MS) have pledged $30 billion to support First Republic Bank (FRC) to shore up the beleaguered lender.</p><p>News that Credit Suisse will borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence also helped ease recent concerns about turmoil in the banking sector.</p><p>In economic news, the Labor Department said first-time claims for U.S. unemployment benefits pulled back more than expected last week. Also, the Labor Department reported that import prices edged slightly lower in February.</p><p>Crude oil prices climbed higher Thursday on reports that Saudi Arabia&#39;s energy minister and Russia&#39;s deputy prime minister met to discuss about ways to enhance market stability. West Texas Intermediate Crude oil futures for April climbed $0.74 or 1.1 percent at $68.35 a barrel.</p><p>Closer to home, Singapore will release February figures for non-oil domestic exports later this morning. NODX are expected to slip 0.5 percent on month and 16.0 percent on year after adding 0.9 percent on month and tumbling 25.0 percent on year in January - when the trade surplus was SGD6.303 billion.</p></body></html>","source":"lsy1626938412129","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>Singapore Shares Tipped To Bounce Higher On Friday</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\">\nSingapore Shares Tipped To Bounce Higher On Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3350908/singapore-shares-tipped-to-bounce-higher-on-friday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3350908/singapore-shares-tipped-to-bounce-higher-on-friday.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3350908/singapore-shares-tipped-to-bounce-higher-on-friday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145145948","content_text":"The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just above the 3,155-point plateau and it's predicted to open in the green again on Friday.The global forecast for the Asian markets is upbeat on easing concerns over the ability of financial markets. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.The STI finished modestly lower on Thursday following losses from the financials and industrials, while the properties were mixed and the REITs offered support.For the day, the index lost 17.38 points or 0.55 percent to finish at 3,155.54 after trading between 3,134.03 and 3,176.67.Among the actives, Ascendas REIT slid 0.36 percent, while CapitaLand Integrated Commercial Trust soared 2.13 percent, CapitaLand Investment slumped 0.86 percent, City Developments improved 0.85 percent, Comfort DelGro plunged 1.69 percent, DBS Group declined 1.27 percent, Emperador advanced 0.97 percent, Genting Singapore spiked 1.94 percent, Hongkong Land tanked 1.64 percent, Keppel Corp lost 0.56 percent, Mapletree Pan Asia Commercial Trust rose 0.58 percent, Mapletree Industrial Trust surged 2.60 percent, Mapletree Logistics Trust climbed 1.19 percent, Oversea-Chinese Banking Corporation and Keppel DC REIT both retreated 0.98 percent, SATS jumped 1.20 percent, SembCorp Industries eased 0.25 percent, Singapore Technologies Engineering was down 0.29 percent, SingTel fell 0.42 percent, Thai Beverage added 0.81 percent, United Overseas Bank sank 0.71 percent, Wilmar International gained 0.74 percent, Yangzijiang Financial plummeted 2.67 percent and Yangzijiang Shipbuilding tumbled 1.61 percentThe lead from Wall Street is broadly positive as the major averages quickly shook off a soft start on Thursday and accelerated firmly into positive territory, finishing near session highs.The Dow surged 371.98 points or 1,17 percent to finish at 32,246.55, while the NASDAQ rallied 283.22 points or 2.48 percent to end at 11,717.28 and the S&P 500 jumped68.35 points or 1.76 percent to close at 3,960.28.Stocks rallied following news that 11 banks including JPMorgan Chase (JPM) and Morgan Stanley (MS) have pledged $30 billion to support First Republic Bank (FRC) to shore up the beleaguered lender.News that Credit Suisse will borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence also helped ease recent concerns about turmoil in the banking sector.In economic news, the Labor Department said first-time claims for U.S. unemployment benefits pulled back more than expected last week. Also, the Labor Department reported that import prices edged slightly lower in February.Crude oil prices climbed higher Thursday on reports that Saudi Arabia's energy minister and Russia's deputy prime minister met to discuss about ways to enhance market stability. West Texas Intermediate Crude oil futures for April climbed $0.74 or 1.1 percent at $68.35 a barrel.Closer to home, Singapore will release February figures for non-oil domestic exports later this morning. NODX are expected to slip 0.5 percent on month and 16.0 percent on year after adding 0.9 percent on month and tumbling 25.0 percent on year in January - when the trade surplus was SGD6.303 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951757465,"gmtCreate":1673571542058,"gmtModify":1676538857583,"author":{"id":"3578872226242271","authorId":"3578872226242271","name":"HuatTheFffff","avatar":"https://static.tigerbbs.com/0527037d5c52f1988db54abc7a9d0836","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578872226242271","authorIdStr":"3578872226242271"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TOL\">$Toll Brothers(TOL)$ &nbsp;</a> luxury homes...anyone?","listText":"<a href=\"https://ttm.financial/S/TOL\">$Toll Brothers(TOL)$ &nbsp;</a> luxury homes...anyone?","text":"$Toll Brothers(TOL)$ luxury homes...anyone?","images":[{"img":"https://community-static.tradeup.com/news/438217b5ea77fd42a3cfa67f9a922db1","width":"1080","height":"2059"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951757465","isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046106353,"gmtCreate":1656304858772,"gmtModify":1676535803207,"author":{"id":"3578872226242271","authorId":"3578872226242271","name":"HuatTheFffff","avatar":"https://static.tigerbbs.com/0527037d5c52f1988db54abc7a9d0836","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578872226242271","authorIdStr":"3578872226242271"},"themes":[],"htmlText":"Hmmm..","listText":"Hmmm..","text":"Hmmm..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046106353","repostId":"2246573111","repostType":2,"repost":{"id":"2246573111","pubTimestamp":1656295685,"share":"https://ttm.financial/m/news/2246573111?lang=&edition=fundamental","pubTime":"2022-06-27 10:08","market":"us","language":"en","title":"NIO - Proceed With Caution","url":"https://stock-news.laohu8.com/highlight/detail?id=2246573111","media":"Seekingalpha","summary":"NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both ","content":"<html><head></head><body><p><b>NIO</b> (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.</p><p>Since the last time I covered NIO, much has changed. In my previous article, I rated NIO a hold, mainly due to its steep valuation and competition in its market. However, the picture has improved. The company has earned glowing media coverage. China’s lockdowns have ended. Shanghai has reached zero COVID cases. More importantly, NIO stock has been buoyed by a favourable policy shift in China.</p><p>The stock’s most recent dip was caused by a massive lockdown in China that shuttered some of its factories. This month, the lockdown was eased, which led to NIO completely reversing its prior trend overnight. Investors think that the company’s earnings will be better in the future than they were in the past. Even in the first quarter–when the lockdowns were in full swing–NIO managed 25% revenue growth. With lockdowns no longer affecting its production, it looks like NIO could thrive in the quarters ahead.</p><p>Indeed, I believe that NIO’s earnings for the upcoming quarters are likely to be good. I believe it strongly enough that I actually bought a small number of NIO shares on the recent dip. The company is a small cap with solid growth and well-reviewed products, so it has promise.</p><p>It’s for this reason that I’ve switched my NIO rating to buy. It is promising enough for growth investors that it merits a small weighting in a diversified portfolio. However, there are some caveats to keep in mind. First off, my position in it is miniscule. Second, much of the bull thesis on Chinese equities does not apply to this specific company. People who like Chinese stocks like them because of their high margins, pristine balance sheets, and cheapness. Few of these factors apply to NIO. It isn’t profitable, so the “high margins” thing is out, and 120 price/operating cash flow ratio doesn’t speak to a bargain.</p><p>Instead, the NIO thesis mostly revolves around growth potential. Its trailing 12-month revenue growth rate is 66%, and that’s with lockdown-fueled deceleration in the picture. Basically, this is a growth opportunity, not a value play–so it’s different from other Chinese stocks like <b>Alibaba</b> (BABA), which are truly dirt-cheap. In a best-case scenario, NIO stock could rise dramatically. But there are many risks and challenges to be aware of. For this reason, I rate the stock a buy, but not a strong buy. In this article, I&#39;ll explain my thesis on the stock, specifically why it merits a small weighting in a growth-oriented portfolio.</p><h2>Competitive Landscape</h2><p>To look at NIO objectively, you need to consider the competitive landscape it operates in. NIO operates in China, where there is already <a href=\"https://laohu8.com/S/AONE.U\">one</a> big player–<b>BYD</b> (OTCPK:BYDDY)--and several smaller ones. <b>Tesla</b> (TSLA) is in the Chinese market as well. When compared to some of the bigger names in town, NIO is a bit player in the industry. BYD shipped 593,000 cars last year–about six times NIO’s amount. Further, BYD makes public transportation vehicles, so it can lock in recurring government revenue. NIO, as a maker of sedans, lacks that advantage.</p><p>Tesla is another big player in China. In an average non-lockdown month, Tesla makes over 20,000 cars a month in China. They’re not all sold locally but the vast majority are. According to Inside EVs, Tesla sold 104,000 EVs in China in the first quarter of 2022. That’s more than NIO is doing currently. Of course, NIO has a very fast growth rate, so it will gain market share over time. But it’s currently behind two other companies in China.</p><p>Next up, we have NIO’s smaller competitors. NIO has a number of smaller competitors in China, including:</p><ul><li><p><b>XPeng</b> (XPEV).</p></li><li><p><b>Li Auto</b> (LI).</p></li></ul><p>Among smaller Chinese EV companies, NIO is in second place. It had 91,000 deliveries in 2021, compared to 98,000 for XPEV and 90,000 for Li Auto. NIO is pretty well-positioned among the smaller players but is still far behind the leaders in China’s EV market.</p><p>As for the EV industry as a whole:</p><p>It has high growth but is very competitive. It grew quickly in the past and is expected to grow at 19% CAGR in the future. That looks like a positive, but you need to keep in mind the competition in the space. Everybody wants to get in on the EV trend, and that’s leading to a lot of companies entering the market. You can’t just count on any randomly chosen EV company to match the industry’s growth.</p><h2>Product</h2><p>To gauge whether NIO can gain market share in the EV industry, we need to look at its products. Plenty of companies are making EVs, not all of them are succeeding. Does NIO have any advantages that could make it a winner?</p><p>There appears to be at least one:</p><p><i>Range.</i></p><p>According to NIO’s promotional materials, its ET7 has a range of 1,000 kilometers (620 miles). That’s longer than the range of any vehicle offered by Tesla, although some reviewers say that NIO uses the CLTC test cycle, while Tesla uses the NEDC test cycle. So, it’s not exactly an apples-to-apples comparison.</p><p>Still, reviewers seem to be receiving the ET7 well. It scored 4 stars out of 5 in an Autocar review, other reviewers are rating it pretty well too. The Autocar review touted these features:</p><ul><li><p>Improved styling.</p></li><li><p>Dolby Atmos Sound System.</p></li><li><p>4.3-second acceleration to 62 miles per hour.</p></li><li><p>Built-in AR and VR features.</p></li></ul><p>The above review is pretty representative of what ET7 reviewers are saying; they generally give it high but not perfect marks. So, NIO seems to have a solid product on its hand.</p><h2>Financials</h2><p>Having looked at NIO’s competitive position and product quality, we can now turn to its financials. This is one area where the company stands out. NIO already has positive cash from operations and has intermittently positive free cash flow (“FCF”). Its earnings are negative, but the losses are growing smaller as a percentage of revenue.</p><p>In the most recent 12-month period, NIO delivered:</p><ul><li><p>$6 billion in revenue.</p></li><li><p>$1 billion in gross profit.</p></li><li><p>$-1 billion in operating income.</p></li><li><p>$-1.186 billion in net income.</p></li><li><p>$309 million in cash from operations.</p></li></ul><p>In the last 12 months, revenue, CFO, and gross profit increased, although the operating loss worsened from $-707 million.</p><p>Generally speaking, NIO’s losses are shrinking as a percentage of revenue. From 2018 to 2021, NIO’s revenue grew from $719 million to $6 billion, while the EBIT loss shrank from $-1.395 billion to $-1 billion. So, the loss as a percentage of revenue shrank by more than the raw percentage change in the loss itself.</p><p>That’s a good sign. Shrinking losses speak to the potential for future profit. Also, NIO’s balance sheet is very healthy. It has $1.75 billion in long-term debt, $5.9 billion in equity, $10 billion in current assets, and $5 billion in current liabilities. From this, we get a current ratio of 2 and a debt/equity ratio of 0.29, suggesting high liquidity and solvency.</p><h2>Valuation</h2><p>Armed with NIO’s financials, we can move on to valuation. This is perhaps the biggest challenge to my bullish thesis on the stock. NIO is definitely not cheap. For the trailing 12-month period, it sported the following multiples:</p><ul><li><p>Price/sales: 6.</p></li><li><p>Price/book: 7.</p></li><li><p>EV/sales: 5.72.</p></li><li><p>Price/operating cash flow: 120.</p></li></ul><p>These multiples are all fairly high. They’re lower than Tesla’s but definitely more typical of an EV company than your average beaten-down Chinese tech name. Many investors are excited about the “Chinese opportunity,” that is, the opportunity to buy high-quality, profitable tech companies at fire-sale prices. The opportunity is real, but NIO isn’t really part of this specific trade. In terms of valuation, it’s more typical of its sector than its country, and that’s something investors should take into account in today’s value-oriented market.</p><h2>Risks and Challenges</h2><p>So far, we’ve seen that NIO is a cash flow-positive company with strong growth and a decent (though not amazing) position in its industry. Given its small market cap, it could rally significantly in a best-case scenario. However, there are significant risks and challenges for investors to watch out for, including:</p><ul><li><p><b>COVID outbreaks.</b> The recent COVID outbreak in Shanghai and Beijing resulted in NIO’s revenue growth decelerating to 25%. Prior to this, it had been growing revenue at 122% year-over-year. If more COVID outbreaks occur in China, they will likely inspire the government to bring in more lockdowns. If lockdowns occur in areas where NIO manufactures vehicles, then they could take a bite out of the company’s growth.</p></li><li><p><b>Competition.</b> Competition in the EV space is fierce. In addition to Tesla and the Chinese competitors mentioned earlier, there’s also <b>Volkswagen</b> (OTCPK:VWAGY), small EV startups, and legacy automakers entering the space. The more competitors enter an industry, the lower the margins tend to be. Traditional gas-powered vehicles aren’t exactly a growth industry right now, and we might someday see EVs arrive at the same place, particularly if competition ramps up.</p></li><li><p><b>Dilution.</b> NIO’s stock equity has been diluted in the past. The share count has gone up every single year, with an especially sharp increase occurring in 2019, when the count nearly tripled. In recent years, NIO’s dilution has been much slower. However, it’s still going on, and it creates an expense that offsets the company’s otherwise impressive operating cash flows.</p></li></ul><h2>Bottom Line</h2><p>When you put it all together, NIO looks like a worthy addition to a growth-oriented portfolio--albeit at a small weighting. It is suitable for investors with certain needs–say, those wanting a small “high risk/high return” position in a core and satellite portfolio. The best-case scenario with this company is extremely good, so a little exposure might be a good thing. But this isn’t the kind of stock you want to overweight, or “go all in” on. It is genuinely risky, and it is relatively expensive by the standards of Chinese equities these days. So, a portfolio weighting of less than 1% would be appropriate.</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>NIO - Proceed With Caution</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\">\nNIO - Proceed With Caution\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 10:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.Since the last time I covered NIO, much has changed. In my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246573111","content_text":"NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.Since the last time I covered NIO, much has changed. In my previous article, I rated NIO a hold, mainly due to its steep valuation and competition in its market. However, the picture has improved. The company has earned glowing media coverage. China’s lockdowns have ended. Shanghai has reached zero COVID cases. More importantly, NIO stock has been buoyed by a favourable policy shift in China.The stock’s most recent dip was caused by a massive lockdown in China that shuttered some of its factories. This month, the lockdown was eased, which led to NIO completely reversing its prior trend overnight. Investors think that the company’s earnings will be better in the future than they were in the past. Even in the first quarter–when the lockdowns were in full swing–NIO managed 25% revenue growth. With lockdowns no longer affecting its production, it looks like NIO could thrive in the quarters ahead.Indeed, I believe that NIO’s earnings for the upcoming quarters are likely to be good. I believe it strongly enough that I actually bought a small number of NIO shares on the recent dip. The company is a small cap with solid growth and well-reviewed products, so it has promise.It’s for this reason that I’ve switched my NIO rating to buy. It is promising enough for growth investors that it merits a small weighting in a diversified portfolio. However, there are some caveats to keep in mind. First off, my position in it is miniscule. Second, much of the bull thesis on Chinese equities does not apply to this specific company. People who like Chinese stocks like them because of their high margins, pristine balance sheets, and cheapness. Few of these factors apply to NIO. It isn’t profitable, so the “high margins” thing is out, and 120 price/operating cash flow ratio doesn’t speak to a bargain.Instead, the NIO thesis mostly revolves around growth potential. Its trailing 12-month revenue growth rate is 66%, and that’s with lockdown-fueled deceleration in the picture. Basically, this is a growth opportunity, not a value play–so it’s different from other Chinese stocks like Alibaba (BABA), which are truly dirt-cheap. In a best-case scenario, NIO stock could rise dramatically. But there are many risks and challenges to be aware of. For this reason, I rate the stock a buy, but not a strong buy. In this article, I'll explain my thesis on the stock, specifically why it merits a small weighting in a growth-oriented portfolio.Competitive LandscapeTo look at NIO objectively, you need to consider the competitive landscape it operates in. NIO operates in China, where there is already one big player–BYD (OTCPK:BYDDY)--and several smaller ones. Tesla (TSLA) is in the Chinese market as well. When compared to some of the bigger names in town, NIO is a bit player in the industry. BYD shipped 593,000 cars last year–about six times NIO’s amount. Further, BYD makes public transportation vehicles, so it can lock in recurring government revenue. NIO, as a maker of sedans, lacks that advantage.Tesla is another big player in China. In an average non-lockdown month, Tesla makes over 20,000 cars a month in China. They’re not all sold locally but the vast majority are. According to Inside EVs, Tesla sold 104,000 EVs in China in the first quarter of 2022. That’s more than NIO is doing currently. Of course, NIO has a very fast growth rate, so it will gain market share over time. But it’s currently behind two other companies in China.Next up, we have NIO’s smaller competitors. NIO has a number of smaller competitors in China, including:XPeng (XPEV).Li Auto (LI).Among smaller Chinese EV companies, NIO is in second place. It had 91,000 deliveries in 2021, compared to 98,000 for XPEV and 90,000 for Li Auto. NIO is pretty well-positioned among the smaller players but is still far behind the leaders in China’s EV market.As for the EV industry as a whole:It has high growth but is very competitive. It grew quickly in the past and is expected to grow at 19% CAGR in the future. That looks like a positive, but you need to keep in mind the competition in the space. Everybody wants to get in on the EV trend, and that’s leading to a lot of companies entering the market. You can’t just count on any randomly chosen EV company to match the industry’s growth.ProductTo gauge whether NIO can gain market share in the EV industry, we need to look at its products. Plenty of companies are making EVs, not all of them are succeeding. Does NIO have any advantages that could make it a winner?There appears to be at least one:Range.According to NIO’s promotional materials, its ET7 has a range of 1,000 kilometers (620 miles). That’s longer than the range of any vehicle offered by Tesla, although some reviewers say that NIO uses the CLTC test cycle, while Tesla uses the NEDC test cycle. So, it’s not exactly an apples-to-apples comparison.Still, reviewers seem to be receiving the ET7 well. It scored 4 stars out of 5 in an Autocar review, other reviewers are rating it pretty well too. The Autocar review touted these features:Improved styling.Dolby Atmos Sound System.4.3-second acceleration to 62 miles per hour.Built-in AR and VR features.The above review is pretty representative of what ET7 reviewers are saying; they generally give it high but not perfect marks. So, NIO seems to have a solid product on its hand.FinancialsHaving looked at NIO’s competitive position and product quality, we can now turn to its financials. This is one area where the company stands out. NIO already has positive cash from operations and has intermittently positive free cash flow (“FCF”). Its earnings are negative, but the losses are growing smaller as a percentage of revenue.In the most recent 12-month period, NIO delivered:$6 billion in revenue.$1 billion in gross profit.$-1 billion in operating income.$-1.186 billion in net income.$309 million in cash from operations.In the last 12 months, revenue, CFO, and gross profit increased, although the operating loss worsened from $-707 million.Generally speaking, NIO’s losses are shrinking as a percentage of revenue. From 2018 to 2021, NIO’s revenue grew from $719 million to $6 billion, while the EBIT loss shrank from $-1.395 billion to $-1 billion. So, the loss as a percentage of revenue shrank by more than the raw percentage change in the loss itself.That’s a good sign. Shrinking losses speak to the potential for future profit. Also, NIO’s balance sheet is very healthy. It has $1.75 billion in long-term debt, $5.9 billion in equity, $10 billion in current assets, and $5 billion in current liabilities. From this, we get a current ratio of 2 and a debt/equity ratio of 0.29, suggesting high liquidity and solvency.ValuationArmed with NIO’s financials, we can move on to valuation. This is perhaps the biggest challenge to my bullish thesis on the stock. NIO is definitely not cheap. For the trailing 12-month period, it sported the following multiples:Price/sales: 6.Price/book: 7.EV/sales: 5.72.Price/operating cash flow: 120.These multiples are all fairly high. They’re lower than Tesla’s but definitely more typical of an EV company than your average beaten-down Chinese tech name. Many investors are excited about the “Chinese opportunity,” that is, the opportunity to buy high-quality, profitable tech companies at fire-sale prices. The opportunity is real, but NIO isn’t really part of this specific trade. In terms of valuation, it’s more typical of its sector than its country, and that’s something investors should take into account in today’s value-oriented market.Risks and ChallengesSo far, we’ve seen that NIO is a cash flow-positive company with strong growth and a decent (though not amazing) position in its industry. Given its small market cap, it could rally significantly in a best-case scenario. However, there are significant risks and challenges for investors to watch out for, including:COVID outbreaks. The recent COVID outbreak in Shanghai and Beijing resulted in NIO’s revenue growth decelerating to 25%. Prior to this, it had been growing revenue at 122% year-over-year. If more COVID outbreaks occur in China, they will likely inspire the government to bring in more lockdowns. If lockdowns occur in areas where NIO manufactures vehicles, then they could take a bite out of the company’s growth.Competition. Competition in the EV space is fierce. In addition to Tesla and the Chinese competitors mentioned earlier, there’s also Volkswagen (OTCPK:VWAGY), small EV startups, and legacy automakers entering the space. The more competitors enter an industry, the lower the margins tend to be. Traditional gas-powered vehicles aren’t exactly a growth industry right now, and we might someday see EVs arrive at the same place, particularly if competition ramps up.Dilution. NIO’s stock equity has been diluted in the past. The share count has gone up every single year, with an especially sharp increase occurring in 2019, when the count nearly tripled. In recent years, NIO’s dilution has been much slower. However, it’s still going on, and it creates an expense that offsets the company’s otherwise impressive operating cash flows.Bottom LineWhen you put it all together, NIO looks like a worthy addition to a growth-oriented portfolio--albeit at a small weighting. It is suitable for investors with certain needs–say, those wanting a small “high risk/high return” position in a core and satellite portfolio. The best-case scenario with this company is extremely good, so a little exposure might be a good thing. But this isn’t the kind of stock you want to overweight, or “go all in” on. It is genuinely risky, and it is relatively expensive by the standards of Chinese equities these days. So, a portfolio weighting of less than 1% would be appropriate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052667131,"gmtCreate":1655169105723,"gmtModify":1676535574374,"author":{"id":"3578872226242271","authorId":"3578872226242271","name":"HuatTheFffff","avatar":"https://static.tigerbbs.com/0527037d5c52f1988db54abc7a9d0836","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578872226242271","authorIdStr":"3578872226242271"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMD\">$AMD(AMD)$</a>hmmm...","listText":"<a 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