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- CHanzhongCHanzhong
  ·2022-10-05
  $Bed Bath & Beyond(BBBY)$thoughts on this counter in this current economic climate?
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- CHanzhongCHanzhong
  ·2022-10-05
  $Bed Bath & Beyond(BBBY)$thoughts in this current economic environment?
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- CHanzhongCHanzhong
  ·2022-09-24
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  The Top 5 Stocks Cathie Wood Is Buying This Week
  Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, s
  The Top 5 Stocks Cathie Wood Is Buying This Week
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- CHanzhongCHanzhong
  ·2022-09-12
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  Oracle, Occidental, JPMorgan And More: U.S. Stocks To Watch
  With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
  Oracle, Occidental, JPMorgan And More: U.S. Stocks To Watch
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- CHanzhongCHanzhong
  ·2022-09-11
  $Tilray Inc.(TLRY)$what u think how
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- CHanzhongCHanzhong
  ·2022-09-11
  $Tilray Inc.(TLRY)$how?
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- CHanzhongCHanzhong
  ·2022-09-11
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  How a CEO Rescued a Big Bet on Big Oil; "There Were a Lot of Doubters"
  Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi
  How a CEO Rescued a Big Bet on Big Oil; "There Were a Lot of Doubters"
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- CHanzhongCHanzhong
  ·2022-09-10
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  She Was the Best of Us
  ByAndrew RobertsMr. Roberts is the author, most recently, of "The Last King of America: The Misunder
  She Was the Best of Us
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- CHanzhongCHanzhong
  ·2022-09-09
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  Pre-Bell｜Dow Futures Gained Over 200 Points; This Internet Service Stock Surged 16%
  U.S. stock futures rose Friday following a choppy trading session as traders considered Federal Rese
  Pre-Bell｜Dow Futures Gained Over 200 Points; This Internet Service Stock Surged 16%
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- CHanzhongCHanzhong
  ·2022-09-08
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  Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
  The best-known growth ETF money manager is making moves. Let's check out her shopping list.
  Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
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Both ETFs carry over $100 million in assets under management.</p><p>The Ark Invest CEO did not provide a concrete reason for her departure, although it was announced that Will Scherer would take over as PM for the two ETFs. Scherer joined the firm in 2014 and most recently served as a trading manager.</p><p>The news has investors speculating that the 66-year old Wood is preparing her succession plans. Earlier in June, she appointed Sam Korus and Nicholas Grous as associate PMs. Up until then, Wood was Ark’s only PM. Still, it appears that loyal fans aren’t ready to part ways with the outspoken investor just yet.</p><p>With that in mind, let’s take a look at the top five stocks that Wood purchased this week.</p><p>The Top 5 Stocks Cathie Wood Is Buying This Week</p><p>1. <a href=\"https://laohu8.com/S/VLD\">Velo3D </a></p><p>Velo3D (NYSE:VLD) has an ambitious goal of becoming the largest metal additive manufacturing company by as early as the end of this year. The 3D metals printing company announced last week that it had sold seven of its Sapphire printers to Kevton Technologies. This marked one of the largest sales to a contract manufacturer since the company’s inception. The first two printers are expected to begin work during Q1 of next year.</p><p>Velo3D has also experienced fast-paced growth, with revenue increasing by 15x in the past six quarters. In the most recent quarter, revenue tallied in at $19.6 million, up 60% year-over-year (YOY). Further dilution or equity raises in the near term seems unlikely, as the company had $142 million of cash on hand as of June 30.</p><p>Between September 19 and September 23, the ARK Space Exploration &amp; Innovation (BATS:ARKX) added 99,616 shares of VLD stock. After the purchase, ETF owns a total of 11.1 million shares.</p><p>2. <a href=\"https://laohu8.com/S/TSP\">TuSimple </a></p><p>TuSimple (NASDAQ:TSP) seeks to develop safe and efficient autonomous driving (AD) technology for trucks. However, shares of TSP stock have been hampered by a class-action lawsuit relating to an AD driving accident earlier this year.</p><p>In April, The Wall Street Journal revealed that a truck with TSP AD technology had crashed on the highway into a cement barrier. At the time, TuSimple attributed the accident to “human error,” while the WSJ claimed that the accident was due to faulty technology. Afterwards, a class-action lawsuit was filed against the company, citing that it overstated its commitment to safety and rushed to bring its technology to the market. TSP shareholders have until Oct. 31 to join the lawsuit.</p><p>This week, the ARK Innovation ETF (NYSEARCA:ARKK) acquired 241,626 shares of TSP stock. In the month of September, the ETF has purchased a total of 764,934 shares.</p><p>3. <a href=\"https://laohu8.com/S/ADBE\">Adobe </a></p><p>Shares of Adobe (NASDAQ:ADBE) have fallen by about 30% in the past month after the software company announced that it would acquire Figma for a whopping $20 billion in cash and stock. Figma is a competitor to Adobe’s XD program and is a collaborative design platform. After the announcement, shares of ADBE fell by 17%, marking the largest decline since 2010.</p><p>Figma was last valued at $10 billion in a 2021 funding round. However, shares of ADBE fell because investors believed that Adobe was paying way too much for Figma. This year, Figma is expected to generate more than $400 million in annual recurring revenue. That would mean that Adobe is paying a roughly 50x revenue multiple for the design platform. Now, Wood is stepping in and buying the dip.</p><p>On Sept. 19, the ARK Next Generation Internet ETF (NYSEARCA:ARKW) purchased 22,874 shares of ADBE stock. This was the first purchase of Adobe by any ARK ETF since April 27.</p><p>4. <a href=\"https://laohu8.com/S/NTLA\">Intellia Therapeutics </a></p><p>Intellia Therapeutics (NASDAQ:NTLA) is a genome editing company that uses CRISPR technology for human therapeutic use. However, shares of NTLA have been highly volatile and carry a 52-week high of $154.15 and a 52-week low of $37.08.</p><p>Last week, the company revealed interim data from the cardiomyopathy arm of its ongoing Phase 1 study in collaboration with Regeneron Pharmaceuticals (NASDAQ:REGN). The results were promising, showing that NTLA-2001 provided mean serum transthyretin reductions between 92% and 94% with varying doses. The data supports NTLA-2001 as a one-time treatment to “permanently inactivate the TTR gene and reduce the disease-causing protein in people with ATTR-CM.”</p><p>On Sept. 19, ARKK and the ARK Genomic Revolution ETF (BATS:ARKG) scooped up a combined 70,873 shares of NTLA stock. After the purchases, Intellia is now the seventh largest holding among all ARK ETFs.</p><p>5. <a href=\"https://laohu8.com/S/VERV\">Verve Therapeutics </a></p><p>Verve Therapeutics (NASDAQ:VERV) operates as a biotechnology company that seeks to treat cardiovascular diseases with single-course gene editing medicines. On Sept. 21, it was announced that the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA) had approved the company’s clinical trial authorization (CTA) application. The trial will determine the effectiveness of VERVE-101 in patients with heterozygous familial hypercholesterolemia (HeFH).</p><p>Chief medical and scientific officer Andrew Bellinger added:</p><p>This CTA marks the second regulatory clearance for VERVE-101 as we execute our global strategy focused on bringing a potential single-course gene editing treatment to patients with ASCVD around the world, beginning with HeFH.</p><p>Enrollments for the trial will begin “imminently,” starting with 40 adults affected by HeFH. Furthermore, VERVE-101 has already received clearance to begin heart-1 clinical trials in New Zealand. Interim data for the trial is expected to be released next year.</p><p>This week, ARKK and ARKG purchased a combined 264,606 shares of VERV stock. After the purchases, Ark Invest now owns a total of 2.59 million shares.</p></body></html>","source":"investorplace","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>The Top 5 Stocks Cathie Wood Is Buying This Week</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\">\nThe Top 5 Stocks Cathie Wood Is Buying This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-24 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, she purchased shares in companies like Adobe, TuSimple and Velo3D.Shares of the ARKK Innovation ETF(...</p>\n\n<a href=\"https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137021764","content_text":"Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, she purchased shares in companies like Adobe, TuSimple and Velo3D.Shares of the ARKK Innovation ETF(ARKK) are down by over 55% year-to-date.Exchange-traded fund (ETF) manager Cathie Wood made headlines this week after she announced that she would cede control of her role as portfolio manager for the 3D Printing ETF (BATS:PRNT) and the ARK Israel Innovative Technology ETF (BATS:IZRL). Both ETFs carry over $100 million in assets under management.The Ark Invest CEO did not provide a concrete reason for her departure, although it was announced that Will Scherer would take over as PM for the two ETFs. Scherer joined the firm in 2014 and most recently served as a trading manager.The news has investors speculating that the 66-year old Wood is preparing her succession plans. Earlier in June, she appointed Sam Korus and Nicholas Grous as associate PMs. Up until then, Wood was Ark’s only PM. Still, it appears that loyal fans aren’t ready to part ways with the outspoken investor just yet.With that in mind, let’s take a look at the top five stocks that Wood purchased this week.The Top 5 Stocks Cathie Wood Is Buying This Week1. Velo3D Velo3D (NYSE:VLD) has an ambitious goal of becoming the largest metal additive manufacturing company by as early as the end of this year. The 3D metals printing company announced last week that it had sold seven of its Sapphire printers to Kevton Technologies. This marked one of the largest sales to a contract manufacturer since the company’s inception. The first two printers are expected to begin work during Q1 of next year.Velo3D has also experienced fast-paced growth, with revenue increasing by 15x in the past six quarters. In the most recent quarter, revenue tallied in at $19.6 million, up 60% year-over-year (YOY). Further dilution or equity raises in the near term seems unlikely, as the company had $142 million of cash on hand as of June 30.Between September 19 and September 23, the ARK Space Exploration & Innovation (BATS:ARKX) added 99,616 shares of VLD stock. After the purchase, ETF owns a total of 11.1 million shares.2. TuSimple TuSimple (NASDAQ:TSP) seeks to develop safe and efficient autonomous driving (AD) technology for trucks. However, shares of TSP stock have been hampered by a class-action lawsuit relating to an AD driving accident earlier this year.In April, The Wall Street Journal revealed that a truck with TSP AD technology had crashed on the highway into a cement barrier. At the time, TuSimple attributed the accident to “human error,” while the WSJ claimed that the accident was due to faulty technology. Afterwards, a class-action lawsuit was filed against the company, citing that it overstated its commitment to safety and rushed to bring its technology to the market. TSP shareholders have until Oct. 31 to join the lawsuit.This week, the ARK Innovation ETF (NYSEARCA:ARKK) acquired 241,626 shares of TSP stock. In the month of September, the ETF has purchased a total of 764,934 shares.3. Adobe Shares of Adobe (NASDAQ:ADBE) have fallen by about 30% in the past month after the software company announced that it would acquire Figma for a whopping $20 billion in cash and stock. Figma is a competitor to Adobe’s XD program and is a collaborative design platform. After the announcement, shares of ADBE fell by 17%, marking the largest decline since 2010.Figma was last valued at $10 billion in a 2021 funding round. However, shares of ADBE fell because investors believed that Adobe was paying way too much for Figma. This year, Figma is expected to generate more than $400 million in annual recurring revenue. That would mean that Adobe is paying a roughly 50x revenue multiple for the design platform. Now, Wood is stepping in and buying the dip.On Sept. 19, the ARK Next Generation Internet ETF (NYSEARCA:ARKW) purchased 22,874 shares of ADBE stock. This was the first purchase of Adobe by any ARK ETF since April 27.4. Intellia Therapeutics Intellia Therapeutics (NASDAQ:NTLA) is a genome editing company that uses CRISPR technology for human therapeutic use. However, shares of NTLA have been highly volatile and carry a 52-week high of $154.15 and a 52-week low of $37.08.Last week, the company revealed interim data from the cardiomyopathy arm of its ongoing Phase 1 study in collaboration with Regeneron Pharmaceuticals (NASDAQ:REGN). The results were promising, showing that NTLA-2001 provided mean serum transthyretin reductions between 92% and 94% with varying doses. The data supports NTLA-2001 as a one-time treatment to “permanently inactivate the TTR gene and reduce the disease-causing protein in people with ATTR-CM.”On Sept. 19, ARKK and the ARK Genomic Revolution ETF (BATS:ARKG) scooped up a combined 70,873 shares of NTLA stock. After the purchases, Intellia is now the seventh largest holding among all ARK ETFs.5. Verve Therapeutics Verve Therapeutics (NASDAQ:VERV) operates as a biotechnology company that seeks to treat cardiovascular diseases with single-course gene editing medicines. On Sept. 21, it was announced that the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA) had approved the company’s clinical trial authorization (CTA) application. The trial will determine the effectiveness of VERVE-101 in patients with heterozygous familial hypercholesterolemia (HeFH).Chief medical and scientific officer Andrew Bellinger added:This CTA marks the second regulatory clearance for VERVE-101 as we execute our global strategy focused on bringing a potential single-course gene editing treatment to patients with ASCVD around the world, beginning with HeFH.Enrollments for the trial will begin “imminently,” starting with 40 adults affected by HeFH. Furthermore, VERVE-101 has already received clearance to begin heart-1 clinical trials in New Zealand. Interim data for the trial is expected to be released next year.This week, ARKK and ARKG purchased a combined 264,606 shares of VERV stock. After the purchases, Ark Invest now owns a total of 2.59 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932450686,"gmtCreate":1662982258146,"gmtModify":1676537175568,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"Pls like thanks","listText":"Pls like thanks","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932450686","repostId":"2266734519","repostType":4,"repost":{"id":"2266734519","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1662974873,"share":"https://ttm.financial/m/news/2266734519?lang=&edition=fundamental","pubTime":"2022-09-12 17:27","market":"us","language":"en","title":"Oracle, Occidental, JPMorgan And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2266734519","media":"Benzinga","summary":"With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:\n","content":"<html><head></head><body><p>With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Warren Buffett’s Berkshire Hathaway bought more stock in <b>Occidental Petroleum</b> (NYSE:OXY) to increase its holdings to 26.8% of outstanding shares, a regulatory filing shows.</li></ul><ul><li>Wall Street expects <b>Oracle Corporation</b> (NYSE:ORCL) to report quarterly earnings at $1.07 per share on revenue of $11.46 billion. Oracle will report its first quarter fiscal year 2023 results after market closes on Monday.</li><li><b>JPMorgan Chase &amp; Co.</b> (NYSE:JPM) agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena.</li><li>Analysts expect <b> <a href=\"https://laohu8.com/S/MTRX\">Matrix Service Company</a> </b> (NASDAQ:MTRX) to post a quarterly loss $0.30 per share on revenue of $181.84 million for the latest quarter. The company will release earnings after the markets close. Matrix Service shares fell 0.4% to $5.72 in after-hours trading.</li></ul><ul><li><b><a href=\"https://laohu8.com/S/IDYA\">IDEAYA Biosciences</a>, Inc. </b> (NASDAQ:IDYA) disclosed interim Phase 2 clinical results for darovasertib and crizotinib synthetic lethal combination in metastatic uveal melanoma. IDEAYA Biosciences shares fell 1% to close at $9.25 on Friday.</li><li>Analysts expect <b> <a href=\"https://laohu8.com/S/RENT\">Rent the Runway, Inc.</a></b> (NASDAQ:RENT) to post a quarterly loss at $0.65 per share on revenue of $73.26 million after the closing bell. Rent the Runway shares fell 2% to $4.39 in the after-hours trading session.</li></ul></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>Oracle, Occidental, JPMorgan And More: U.S. Stocks To Watch</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\">\nOracle, Occidental, JPMorgan And More: U.S. Stocks To Watch\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-09-12 17:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Warren Buffett’s Berkshire Hathaway bought more stock in <b>Occidental Petroleum</b> (NYSE:OXY) to increase its holdings to 26.8% of outstanding shares, a regulatory filing shows.</li></ul><ul><li>Wall Street expects <b>Oracle Corporation</b> (NYSE:ORCL) to report quarterly earnings at $1.07 per share on revenue of $11.46 billion. Oracle will report its first quarter fiscal year 2023 results after market closes on Monday.</li><li><b>JPMorgan Chase &amp; Co.</b> (NYSE:JPM) agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena.</li><li>Analysts expect <b> <a href=\"https://laohu8.com/S/MTRX\">Matrix Service Company</a> </b> (NASDAQ:MTRX) to post a quarterly loss $0.30 per share on revenue of $181.84 million for the latest quarter. The company will release earnings after the markets close. Matrix Service shares fell 0.4% to $5.72 in after-hours trading.</li></ul><ul><li><b><a href=\"https://laohu8.com/S/IDYA\">IDEAYA Biosciences</a>, Inc. </b> (NASDAQ:IDYA) disclosed interim Phase 2 clinical results for darovasertib and crizotinib synthetic lethal combination in metastatic uveal melanoma. IDEAYA Biosciences shares fell 1% to close at $9.25 on Friday.</li><li>Analysts expect <b> <a href=\"https://laohu8.com/S/RENT\">Rent the Runway, Inc.</a></b> (NASDAQ:RENT) to post a quarterly loss at $0.65 per share on revenue of $73.26 million after the closing bell. Rent the Runway shares fell 2% to $4.39 in the after-hours trading session.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","RENT":"Rent the Runway, Inc.","MTRX":"Matrix Service Company","BK4207":"综合性银行","BK4504":"桥水持仓","JPM":"摩根大通","BK4516":"特朗普概念","BK4538":"云计算","BK4097":"系统软件","BK4534":"瑞士信贷持仓","IDYA":"IDEAYA Biosciences","OXY":"西方石油","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4528":"SaaS概念","BK4566":"资本集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266734519","content_text":"With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:Warren Buffett’s Berkshire Hathaway bought more stock in Occidental Petroleum (NYSE:OXY) to increase its holdings to 26.8% of outstanding shares, a regulatory filing shows.Wall Street expects Oracle Corporation (NYSE:ORCL) to report quarterly earnings at $1.07 per share on revenue of $11.46 billion. Oracle will report its first quarter fiscal year 2023 results after market closes on Monday.JPMorgan Chase & Co. (NYSE:JPM) agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena.Analysts expect  Matrix Service Company  (NASDAQ:MTRX) to post a quarterly loss $0.30 per share on revenue of $181.84 million for the latest quarter. The company will release earnings after the markets close. Matrix Service shares fell 0.4% to $5.72 in after-hours trading.IDEAYA Biosciences, Inc.  (NASDAQ:IDYA) disclosed interim Phase 2 clinical results for darovasertib and crizotinib synthetic lethal combination in metastatic uveal melanoma. IDEAYA Biosciences shares fell 1% to close at $9.25 on Friday.Analysts expect  Rent the Runway, Inc. (NASDAQ:RENT) to post a quarterly loss at $0.65 per share on revenue of $73.26 million after the closing bell. Rent the Runway shares fell 2% to $4.39 in the after-hours trading session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932802726,"gmtCreate":1662909049565,"gmtModify":1676537161330,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a>what u think how","listText":"<a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a>what u think how","text":"$Tilray Inc.(TLRY)$what u think how","images":[{"img":"https://community-static.tradeup.com/news/5ad2074d2959671bab35fbcda0c4ee12","width":"1080","height":"2445"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932802726","isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9932802643,"gmtCreate":1662908999982,"gmtModify":1676537161315,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a>how?","listText":"<a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a>how?","text":"$Tilray Inc.(TLRY)$how?","images":[{"img":"https://community-static.tradeup.com/news/f2d18cf45352878832073dd6816f7f9f","width":"1080","height":"2445"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932802643","isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9932802900,"gmtCreate":1662908933200,"gmtModify":1676537161307,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932802900","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","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":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=fundamental","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</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 CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</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 CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\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\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4176":"多领域控股","BK4534":"瑞士信贷持仓","BK4201":"综合性石油与天然气企业","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BRK.A":"伯克希尔","BRK.B":"伯克希尔B","OXY":"西方石油"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936717286,"gmtCreate":1662825371245,"gmtModify":1676537147057,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9936717286","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","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":1662773640,"share":"https://ttm.financial/m/news/2266415879?lang=&edition=fundamental","pubTime":"2022-09-10 09:34","market":"us","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</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>She Was the Best of Us</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\">\nShe Was the Best of Us\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\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936117646,"gmtCreate":1662726719185,"gmtModify":1676537127795,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9936117646","repostId":"1120245102","repostType":4,"repost":{"id":"1120245102","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662724360,"share":"https://ttm.financial/m/news/1120245102?lang=&edition=fundamental","pubTime":"2022-09-09 19:52","market":"us","language":"en","title":"Pre-Bell｜Dow Futures Gained Over 200 Points; This Internet Service Stock Surged 16%","url":"https://stock-news.laohu8.com/highlight/detail?id=1120245102","media":"Tiger Newspress","summary":"U.S. stock futures rose Friday following a choppy trading session as traders considered Federal Rese","content":"<html><head></head><body><p>U.S. stock futures rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were up 210 points, or 0.66%, S&amp;P 500 e-minis were up 29.25 points, or 0.73%, and Nasdaq 100 e-minis were up 118.5 points, or 0.96%.</p><p><img src=\"https://static.tigerbbs.com/d0b734c1bac36c6f75713e0e5a1c7b4b\" tg-width=\"263\" tg-height=\"123\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></b>— Shares of the electronic signature company surged 16.4% after its quarterly numbers beat Wall Street expectations. DocuSign also shared revenue guidance for the third quarter above expectations and an outlook for the full year that fell in line with estimates.</p><p><b><a href=\"https://laohu8.com/S/ZS\">Zscaler Inc.</a></b>— Zscaler soared 14.1% after posting strong results for the recent quarter. The cloud security company reported adjusted earnings of 25 cents a share on $318 million in revenue. Analysts surveyed by Refinitiv had anticipated earnings of 20 cents a share on revenues of $305 million.</p><p><b><a href=\"https://laohu8.com/S/RH\">Restoration Hardware</a></b>— The luxury home furnishing retailer’s stock fell 1% on the back of disappointing revenue guidance. RH expects third-quarter revenue to decline between 15% and 18%, more than a StreetAccount forecast for a 10.7% drop.</p><p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a></b>— Shares of the space tourism company slipped 1.9% after Bernstein downgraded the stock to underperform, citing declining confidence in Virgin Galactic’s business as it burns through cash and delays flights.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>— Tesla shares rose 1.3% in the premarket following news that the electric vehicle maker is considering building a lithium refinery for EV battery production in Texas this year, according to an application filed with the Texas Comptroller’s Office.</p><p><b><a href=\"https://laohu8.com/S/NAVI\">Navient</a></b>— Shares slipped 2.1% after Barclays downgraded the student loan servicer’s stockto equal weight. The firm said President Joe Biden’s debt forgiveness plan could hurt Navient’s earnings going forward.</p><p><b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b>— Regeneron’s stock moved about 1% higher in the premarket after Morgan Stanley upgraded shares to overweight following positive results from its eye drug trial. It comes a day after the stock soared nearly 19% on the back of those results.</p><p><b><a href=\"https://laohu8.com/S/ZUMZ\">Zumiez</a></b>— Shares of the clothing store company fell 13% in the premarket on the back of disappointing quarterly results. Zumiez earned 16 cents per share, below a StreetAccount estimate of 47 cents per share. The company’s gross margin was also below expectations.</p><p><b>Market News</b></p><p>Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>’s Google pays billions of dollars each year to Apple Inc., Samsung Electronics Co. and other telecom giants to illegally maintain its spot as the No. 1 search engine, the US Justice Department told a federal judge Thursday.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> has told the state it is considering constructing a “battery-grade lithium hydroxide refining facility,” in Nueces County, which it has pitched as “the first of its kind in North America,” according to a newly-public application for tax breaks filed with the Texas Comptroller’s Office.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> agreed in June to pay roughly $7 million to the whistleblower whose allegations will be part of Elon Musk&#39;s case against the company, according to people familiar with the matter. The settlement was completed days before Peiter Zatko filed his whistleblower complaint in July.</p><p><b><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></b>’s Fiscal second-quarter revenue increased 22% to $622.2 million, and it boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.</p><p><b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile US</a></b> on Thursday announced a $14 billion share buyback program that will run till September next year, as it seeks to reward shareholders after faring better than rivals.</p><p><b><a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a></b>, the blank-check company set to merge with former President Donald Trump’s social media firm, is reportedly giving itself three more months of life after failing to win a 12-month extension from shareholders to complete the deal.</p><p><b><a href=\"https://laohu8.com/S/INTC\">Intel</a></b> has broken ground on two advanced chipmaking facilities in Ohio. It also announced the first phase of funding for its Ohio Semiconductor Education and Research Program. The first phase will provide $17.7M in funding to eight leading over three years as part of Intel&#39;s $50M commitment to Ohio higher education institutions over the next decade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Dow Futures Gained Over 200 Points; This Internet Service Stock Surged 16%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Dow Futures Gained Over 200 Points; This Internet Service Stock Surged 16%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 19:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were up 210 points, or 0.66%, S&amp;P 500 e-minis were up 29.25 points, or 0.73%, and Nasdaq 100 e-minis were up 118.5 points, or 0.96%.</p><p><img src=\"https://static.tigerbbs.com/d0b734c1bac36c6f75713e0e5a1c7b4b\" tg-width=\"263\" tg-height=\"123\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></b>— Shares of the electronic signature company surged 16.4% after its quarterly numbers beat Wall Street expectations. DocuSign also shared revenue guidance for the third quarter above expectations and an outlook for the full year that fell in line with estimates.</p><p><b><a href=\"https://laohu8.com/S/ZS\">Zscaler Inc.</a></b>— Zscaler soared 14.1% after posting strong results for the recent quarter. The cloud security company reported adjusted earnings of 25 cents a share on $318 million in revenue. Analysts surveyed by Refinitiv had anticipated earnings of 20 cents a share on revenues of $305 million.</p><p><b><a href=\"https://laohu8.com/S/RH\">Restoration Hardware</a></b>— The luxury home furnishing retailer’s stock fell 1% on the back of disappointing revenue guidance. RH expects third-quarter revenue to decline between 15% and 18%, more than a StreetAccount forecast for a 10.7% drop.</p><p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a></b>— Shares of the space tourism company slipped 1.9% after Bernstein downgraded the stock to underperform, citing declining confidence in Virgin Galactic’s business as it burns through cash and delays flights.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>— Tesla shares rose 1.3% in the premarket following news that the electric vehicle maker is considering building a lithium refinery for EV battery production in Texas this year, according to an application filed with the Texas Comptroller’s Office.</p><p><b><a href=\"https://laohu8.com/S/NAVI\">Navient</a></b>— Shares slipped 2.1% after Barclays downgraded the student loan servicer’s stockto equal weight. The firm said President Joe Biden’s debt forgiveness plan could hurt Navient’s earnings going forward.</p><p><b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b>— Regeneron’s stock moved about 1% higher in the premarket after Morgan Stanley upgraded shares to overweight following positive results from its eye drug trial. It comes a day after the stock soared nearly 19% on the back of those results.</p><p><b><a href=\"https://laohu8.com/S/ZUMZ\">Zumiez</a></b>— Shares of the clothing store company fell 13% in the premarket on the back of disappointing quarterly results. Zumiez earned 16 cents per share, below a StreetAccount estimate of 47 cents per share. The company’s gross margin was also below expectations.</p><p><b>Market News</b></p><p>Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>’s Google pays billions of dollars each year to Apple Inc., Samsung Electronics Co. and other telecom giants to illegally maintain its spot as the No. 1 search engine, the US Justice Department told a federal judge Thursday.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> has told the state it is considering constructing a “battery-grade lithium hydroxide refining facility,” in Nueces County, which it has pitched as “the first of its kind in North America,” according to a newly-public application for tax breaks filed with the Texas Comptroller’s Office.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> agreed in June to pay roughly $7 million to the whistleblower whose allegations will be part of Elon Musk&#39;s case against the company, according to people familiar with the matter. The settlement was completed days before Peiter Zatko filed his whistleblower complaint in July.</p><p><b><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></b>’s Fiscal second-quarter revenue increased 22% to $622.2 million, and it boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.</p><p><b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile US</a></b> on Thursday announced a $14 billion share buyback program that will run till September next year, as it seeks to reward shareholders after faring better than rivals.</p><p><b><a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a></b>, the blank-check company set to merge with former President Donald Trump’s social media firm, is reportedly giving itself three more months of life after failing to win a 12-month extension from shareholders to complete the deal.</p><p><b><a href=\"https://laohu8.com/S/INTC\">Intel</a></b> has broken ground on two advanced chipmaking facilities in Ohio. It also announced the first phase of funding for its Ohio Semiconductor Education and Research Program. The first phase will provide $17.7M in funding to eight leading over three years as part of Intel&#39;s $50M commitment to Ohio higher education institutions over the next decade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120245102","content_text":"U.S. stock futures rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 210 points, or 0.66%, S&P 500 e-minis were up 29.25 points, or 0.73%, and Nasdaq 100 e-minis were up 118.5 points, or 0.96%.Pre-Market MoversDocusign— Shares of the electronic signature company surged 16.4% after its quarterly numbers beat Wall Street expectations. DocuSign also shared revenue guidance for the third quarter above expectations and an outlook for the full year that fell in line with estimates.Zscaler Inc.— Zscaler soared 14.1% after posting strong results for the recent quarter. The cloud security company reported adjusted earnings of 25 cents a share on $318 million in revenue. Analysts surveyed by Refinitiv had anticipated earnings of 20 cents a share on revenues of $305 million.Restoration Hardware— The luxury home furnishing retailer’s stock fell 1% on the back of disappointing revenue guidance. RH expects third-quarter revenue to decline between 15% and 18%, more than a StreetAccount forecast for a 10.7% drop.Virgin Galactic— Shares of the space tourism company slipped 1.9% after Bernstein downgraded the stock to underperform, citing declining confidence in Virgin Galactic’s business as it burns through cash and delays flights.Tesla Motors— Tesla shares rose 1.3% in the premarket following news that the electric vehicle maker is considering building a lithium refinery for EV battery production in Texas this year, according to an application filed with the Texas Comptroller’s Office.Navient— Shares slipped 2.1% after Barclays downgraded the student loan servicer’s stockto equal weight. The firm said President Joe Biden’s debt forgiveness plan could hurt Navient’s earnings going forward.Regeneron Pharmaceuticals— Regeneron’s stock moved about 1% higher in the premarket after Morgan Stanley upgraded shares to overweight following positive results from its eye drug trial. It comes a day after the stock soared nearly 19% on the back of those results.Zumiez— Shares of the clothing store company fell 13% in the premarket on the back of disappointing quarterly results. Zumiez earned 16 cents per share, below a StreetAccount estimate of 47 cents per share. The company’s gross margin was also below expectations.Market NewsQueen Elizabeth, Britain's longest-reigning monarch, the nation's figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.Alphabet’s Google pays billions of dollars each year to Apple Inc., Samsung Electronics Co. and other telecom giants to illegally maintain its spot as the No. 1 search engine, the US Justice Department told a federal judge Thursday.Tesla Motors has told the state it is considering constructing a “battery-grade lithium hydroxide refining facility,” in Nueces County, which it has pitched as “the first of its kind in North America,” according to a newly-public application for tax breaks filed with the Texas Comptroller’s Office.Twitter agreed in June to pay roughly $7 million to the whistleblower whose allegations will be part of Elon Musk's case against the company, according to people familiar with the matter. The settlement was completed days before Peiter Zatko filed his whistleblower complaint in July.Docusign’s Fiscal second-quarter revenue increased 22% to $622.2 million, and it boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.T-Mobile US on Thursday announced a $14 billion share buyback program that will run till September next year, as it seeks to reward shareholders after faring better than rivals.Digital World Acquisition Corp, the blank-check company set to merge with former President Donald Trump’s social media firm, is reportedly giving itself three more months of life after failing to win a 12-month extension from shareholders to complete the deal.Intel has broken ground on two advanced chipmaking facilities in Ohio. It also announced the first phase of funding for its Ohio Semiconductor Education and Research Program. The first phase will provide $17.7M in funding to eight leading over three years as part of Intel's $50M commitment to Ohio higher education institutions over the next decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938426212,"gmtCreate":1662652218337,"gmtModify":1676537110845,"author":{"id":"3581983907375620","authorId":"3581983907375620","name":"CHanzhong","avatar":"https://static.tigerbbs.com/e5d4de2fa337d285889b33cba3bb8ea1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581983907375620","idStr":"3581983907375620"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938426212","repostId":"2265005556","repostType":4,"repost":{"id":"2265005556","pubTimestamp":1662650643,"share":"https://ttm.financial/m/news/2265005556?lang=&edition=fundamental","pubTime":"2022-09-08 23:24","market":"us","language":"en","title":"Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=2265005556","media":"Motley Fool","summary":"The best-known growth ETF money manager is making moves. Let's check out her shopping list.","content":"<html><head></head><body><p>Cathie Wood is finding it hard to catch 2020 in a bottle again. The growth investor who became a market icon as the co-founder and CEO of the popular Ark Invest exchange-traded funds (ETFs) has been losing more than winning these days. Her investing style seemed to be marching back into fancy earlier this summer, but her most popular ETF has surrendered 22% of its value just over the last three weeks.</p><p>She&#39;s not one to shy away from fire sales, so it&#39;s not a surprise to see her adding to her positions in <b>DraftKings</b>, <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video</b>, and<b> Twilio</b> on Tuesday. Let&#39;s see why she&#39;s building up her stakes in these three names.</p><h2>DraftKings</h2><p>The NFL season kicks off -- literally and figuratively -- this week, so let&#39;s talk about DraftKings. The online gambling and fantasy sports specialist is driving down the field these days, even if it may not seem that way with a stock that is a whopping 79% below last year&#39;s all-time high.</p><p>Last month&#39;s quarterly report was a touchdown. Revenue surged a better-than-expected 57%, and the good news didn&#39;t stop there. DraftKings boosted its full-year revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) guidance. There are now 1.5 million average monthly unique paying customers, a 30% increase over the past year. Average revenue per paying user is up also up 30% over the past year.</p><p>There&#39;s a lot of red tape to untangle in securing gaming rights in new markets, but DraftKings continues to grow its reach. It opened its online sportsbook in Kansas last week. Recent analyst notes find Wall Street pros jacking their price targets higher, encouraged by DraftKings&#39; unique position in the market.</p><h2>Zoom Video</h2><p>Momentum is picking up for DraftKings, but the same can&#39;t be said about Zoom Video. The videoconferencing leader has surrendered 18% of its value since posting disappointing financial results two weeks ago. It&#39;s not just Wood who may have peaked two years ago. Zoom shares are a blistering 86% below their late 2020 peak.</p><p>The deceleration in top-line growth at Zoom has been brutal, falling sharply in each of its last six quarters.</p><ul><li>Q4 2021: 369%</li><li>Q1 2022: 191%</li><li>Q2 2022: 54%</li><li>Q3 2022: 35%</li><li>Q4 2022: 21%</li><li>Q1 2023: 12%</li><li>Q2 2023: 8%</li></ul><p>Guidance calls for the slowdown to continue with a 5% increase in revenue for the current fiscal quarter. Despite a positive net dollar expansion rate north of 120% for its enterprise customers, a lot of casual users have moved on now that jobs, schooling, and reunions have returned to in-person affairs.</p><h2>Twilio</h2><p>Back to the world of healthy double-digit revenue growth, Twilio came through with a 41% year-over-year increase in its latest report. Revenue and earnings exceeded expectations, but disappointing near-term guidance is why the stock is a market laggard. Like Zoom, shares of Twilio are down 86% from their all-time highs.</p><p>The provider of in-app communication solutions is finding that some of its customers in hard-hit industries aren&#39;t delivering the kind of volume that Twilio typically sees. Crypto exchanges, social networking sites, and consumer on-demand businesses have been struggling in recent months, and Twilio sees revenue slowing to a 31% gain for the current quarter.</p><p>DraftKings, Zoom, and Twilio are all trading well below their highs, but they&#39;re all still compelling growth stocks at attractive price points. Wood has been buying the wrong stocks on the way down since last year, but she may be on to something this time.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought</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\">\nCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/07/cathie-wood-goes-bargain-hunting-3-stocks-she-just/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood is finding it hard to catch 2020 in a bottle again. The growth investor who became a market icon as the co-founder and CEO of the popular Ark Invest exchange-traded funds (ETFs) has been ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/07/cathie-wood-goes-bargain-hunting-3-stocks-she-just/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWLO":"Twilio Inc","ZM":"Zoom","DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2022/09/07/cathie-wood-goes-bargain-hunting-3-stocks-she-just/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265005556","content_text":"Cathie Wood is finding it hard to catch 2020 in a bottle again. The growth investor who became a market icon as the co-founder and CEO of the popular Ark Invest exchange-traded funds (ETFs) has been losing more than winning these days. Her investing style seemed to be marching back into fancy earlier this summer, but her most popular ETF has surrendered 22% of its value just over the last three weeks.She's not one to shy away from fire sales, so it's not a surprise to see her adding to her positions in DraftKings, Zoom Video, and Twilio on Tuesday. Let's see why she's building up her stakes in these three names.DraftKingsThe NFL season kicks off -- literally and figuratively -- this week, so let's talk about DraftKings. The online gambling and fantasy sports specialist is driving down the field these days, even if it may not seem that way with a stock that is a whopping 79% below last year's all-time high.Last month's quarterly report was a touchdown. Revenue surged a better-than-expected 57%, and the good news didn't stop there. DraftKings boosted its full-year revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) guidance. There are now 1.5 million average monthly unique paying customers, a 30% increase over the past year. Average revenue per paying user is up also up 30% over the past year.There's a lot of red tape to untangle in securing gaming rights in new markets, but DraftKings continues to grow its reach. It opened its online sportsbook in Kansas last week. Recent analyst notes find Wall Street pros jacking their price targets higher, encouraged by DraftKings' unique position in the market.Zoom VideoMomentum is picking up for DraftKings, but the same can't be said about Zoom Video. The videoconferencing leader has surrendered 18% of its value since posting disappointing financial results two weeks ago. It's not just Wood who may have peaked two years ago. Zoom shares are a blistering 86% below their late 2020 peak.The deceleration in top-line growth at Zoom has been brutal, falling sharply in each of its last six quarters.Q4 2021: 369%Q1 2022: 191%Q2 2022: 54%Q3 2022: 35%Q4 2022: 21%Q1 2023: 12%Q2 2023: 8%Guidance calls for the slowdown to continue with a 5% increase in revenue for the current fiscal quarter. Despite a positive net dollar expansion rate north of 120% for its enterprise customers, a lot of casual users have moved on now that jobs, schooling, and reunions have returned to in-person affairs.TwilioBack to the world of healthy double-digit revenue growth, Twilio came through with a 41% year-over-year increase in its latest report. Revenue and earnings exceeded expectations, but disappointing near-term guidance is why the stock is a market laggard. Like Zoom, shares of Twilio are down 86% from their all-time highs.The provider of in-app communication solutions is finding that some of its customers in hard-hit industries aren't delivering the kind of volume that Twilio typically sees. Crypto exchanges, social networking sites, and consumer on-demand businesses have been struggling in recent months, and Twilio sees revenue slowing to a 31% gain for the current quarter.DraftKings, Zoom, and Twilio are all trading well below their highs, but they're all still compelling growth stocks at attractive price points. Wood has been buying the wrong stocks on the way down since last year, but she may be on to something this time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}