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MickeyBond
MickeyBond
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2023-07-02
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MickeyBond
MickeyBond
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2023-06-16
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MickeyBond
MickeyBond
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2023-06-02
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U.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%
U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&P gained 0.5% while Nasdaq jumped
U.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%
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MickeyBond
MickeyBond
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2023-05-29
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Singapore Stock Market Tipped To End Losing Streak
The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points o
Singapore Stock Market Tipped To End Losing Streak
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MickeyBond
MickeyBond
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2023-05-21
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America's Biggest Bank Is Everywhere -- and It Isn't Done Growing
Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.The bank has opened b
America's Biggest Bank Is Everywhere -- and It Isn't Done Growing
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MickeyBond
MickeyBond
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2023-05-18
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These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?
In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.
These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?
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MickeyBond
MickeyBond
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2023-05-18
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These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?
In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.
These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?
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MickeyBond
MickeyBond
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2023-05-17
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Wall Street Closes Lower After Home Depot Outlook, US Retail Sales
U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. r
Wall Street Closes Lower After Home Depot Outlook, US Retail Sales
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MickeyBond
MickeyBond
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2023-05-15
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SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering
Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflat
SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering
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MickeyBond
MickeyBond
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2023-05-11
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Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors
Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this y
Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors
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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Turned up in Morning Trading; Dow Jones Rose Over 0.1% While S&P and Nasdaq Gained Over 0.5%\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\">2023-06-01 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&P gained 0.5% while Nasdaq jumped 0.64%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8f6d8acd06f7e882af3812245fe14c7\" tg-width=\"620\" tg-height=\"109\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110994111","content_text":"U.S. stocks turned up in morning trading; Dow Jones rose 0.15%, S&P gained 0.5% while Nasdaq jumped 0.64%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979058097,"gmtCreate":1685319907719,"gmtModify":1685319910694,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979058097","repostId":"1169090901","repostType":2,"repost":{"id":"1169090901","kind":"news","pubTimestamp":1685318875,"share":"https://ttm.financial/m/news/1169090901?lang=en_US&edition=fundamental","pubTime":"2023-05-29 08:07","market":"sg","language":"en","title":"Singapore Stock Market Tipped To End Losing Streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1169090901","media":"RTTNews","summary":"The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points o","content":"<html><head></head><body><p>The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau although it's looking at a strong lead for Monday's trade.</p><p style=\"text-align: start;\">The global forecast for the Asian markets is upbeat thanks to an apparent resolution to the U.S. debt ceiling crisis forged over the weekend. The European and U.S. markets were up and the Asian bourses are expected to follow suit.</p><p style=\"text-align: start;\">The STI finished barely lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.</p><p style=\"text-align: start;\">For the day, the index eased 0.33 points or 0.01 percent to finish at 3,207.39 after trading between 3,201.00 and 3,213.86.</p><p style=\"text-align: start;\">Among the actives, Ascendas REIT rose 0.37 percent, while CapitaLand Integrated Commercial Trust climbed 1.01 percent, CapitaLand Investment tumbled 1.15 percent, City Developments rallied 1.03 percent, DBS Group perked 0.06 percent, Genting Singapore advanced 0.99 percent, Hongkong Land gained 0.46 percent, Keppel Corp spiked 1.43 percent, Keppel DC REIT surged 2.45 percent, Mapletree Industrial Trust declined 0.88 percent, Mapletree Logistics Trust added 0.61 percent, SATS improved 0.35 percent, Singapore Technologies Engineering jumped 1.08 percent, SingTel plunged 2.37 percent, United Overseas Bank lost 0.11 percent and Wilmar International, Yangzijiang Financial, Yangzijiang Shipbuilding, Mapletree Pan Asia Commercial Trust, SembCorp Industries, Thai Beverage, Oversea-Chinese Banking Corporation, Comfort DelGro and Emperador were unchanged.</p><p style=\"text-align: start;\">The lead from Wall Street is broadly positive as the major averages opened higher on Friday and remained solidly in the green throughout the session.</p><p>The Dow surged 328.64 points or 1.00 percent to finish at 33,093.34, while the NASDAQ spiked 277.59 points or 2.19 percent to end at 12,975.69 and the S&P 500 jumped 54.17 points or 1.30 percent to close at 4,205.45. For the week, the Dow slumped 1.0 percent, the NASDAQ rallied 2.5 percent and the S&P rose 0.3 percent.</p><p style=\"text-align: start;\">Stocks benefitted from renewed optimism about raising the U.S. debt ceiling amid reports lawmakers are closing in on an agreement.</p><p style=\"text-align: start;\">Those hopes came to fruition over the weekend when President Joe Biden and House Speaker Kevin McCarthy, R-Calif., reached an agreement in principle. It will raise the debt ceiling for two years and keep non-defense spending roughly flat for fiscal 2024.</p><p style=\"text-align: start;\">Optimism about a debt ceiling deal overshadowed a Commerce Department report showing a reacceleration in the annual rate of consumer price growth in the month of April.</p><p style=\"text-align: start;\">Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC. West Texas Intermediate crude oil futures for July ended higher by $0.84 or 1.2 percent at $72.67 a barrel. WTI crude futures gained about 1.6 percent last week.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market Tipped To End Losing Streak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market Tipped To End Losing Streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 08:07 GMT+8 <a href=https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau ...</p>\n\n<a href=\"https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3366812/singapore-stock-market-tipped-to-end-losing-streak.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169090901","content_text":"The Singapore stock market has moved lower in three straight sessions, sinking more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau although it's looking at a strong lead for Monday's trade.The global forecast for the Asian markets is upbeat thanks to an apparent resolution to the U.S. debt ceiling crisis forged over the weekend. The European and U.S. markets were up and the Asian bourses are expected to follow suit.The STI finished barely lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.For the day, the index eased 0.33 points or 0.01 percent to finish at 3,207.39 after trading between 3,201.00 and 3,213.86.Among the actives, Ascendas REIT rose 0.37 percent, while CapitaLand Integrated Commercial Trust climbed 1.01 percent, CapitaLand Investment tumbled 1.15 percent, City Developments rallied 1.03 percent, DBS Group perked 0.06 percent, Genting Singapore advanced 0.99 percent, Hongkong Land gained 0.46 percent, Keppel Corp spiked 1.43 percent, Keppel DC REIT surged 2.45 percent, Mapletree Industrial Trust declined 0.88 percent, Mapletree Logistics Trust added 0.61 percent, SATS improved 0.35 percent, Singapore Technologies Engineering jumped 1.08 percent, SingTel plunged 2.37 percent, United Overseas Bank lost 0.11 percent and Wilmar International, Yangzijiang Financial, Yangzijiang Shipbuilding, Mapletree Pan Asia Commercial Trust, SembCorp Industries, Thai Beverage, Oversea-Chinese Banking Corporation, Comfort DelGro and Emperador were unchanged.The lead from Wall Street is broadly positive as the major averages opened higher on Friday and remained solidly in the green throughout the session.The Dow surged 328.64 points or 1.00 percent to finish at 33,093.34, while the NASDAQ spiked 277.59 points or 2.19 percent to end at 12,975.69 and the S&P 500 jumped 54.17 points or 1.30 percent to close at 4,205.45. For the week, the Dow slumped 1.0 percent, the NASDAQ rallied 2.5 percent and the S&P rose 0.3 percent.Stocks benefitted from renewed optimism about raising the U.S. debt ceiling amid reports lawmakers are closing in on an agreement.Those hopes came to fruition over the weekend when President Joe Biden and House Speaker Kevin McCarthy, R-Calif., reached an agreement in principle. It will raise the debt ceiling for two years and keep non-defense spending roughly flat for fiscal 2024.Optimism about a debt ceiling deal overshadowed a Commerce Department report showing a reacceleration in the annual rate of consumer price growth in the month of April.Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC. West Texas Intermediate crude oil futures for July ended higher by $0.84 or 1.2 percent at $72.67 a barrel. WTI crude futures gained about 1.6 percent last week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970531795,"gmtCreate":1684636942017,"gmtModify":1684636945665,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Thanks for sharing.","listText":"Thanks for sharing.","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970531795","repostId":"2336576018","repostType":2,"repost":{"id":"2336576018","kind":"highlight","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":1684628665,"share":"https://ttm.financial/m/news/2336576018?lang=en_US&edition=fundamental","pubTime":"2023-05-21 08:24","market":"us","language":"en","title":"America's Biggest Bank Is Everywhere -- and It Isn't Done Growing","url":"https://stock-news.laohu8.com/highlight/detail?id=2336576018","media":"Dow Jones","summary":"Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.The bank has opened b","content":"<html><head></head><body><p>Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.</p><p>The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.</p><p>It now has more than 13% of the nation's deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.</p><p>America's biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank's reams of customer spending, saving and borrowing data.</p><p>When the banking system faced a crisis of confidence this spring, JPMorgan's heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.</p><p>Yet JPMorgan's show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.</p><p>Smaller banks support industries and regions that megabanks aren't especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system's top regulators.</p><p>"We have a premier bank that's shown itself to be well run," said Ludwig, who now heads a financial-services advisory firm. "But we need a diverse banking system."</p><p>JPMorgan isn't done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank's dominance, detailing plans to grow in the markets and products where it isn't already No. 1. Chief among them is managing its customers' wealth, one of First Republic's premier offerings.</p><p>"The message from investor day is: 'We are JPMorgan, hear us roar,'" said Mike Mayo, a bank analyst at Wells Fargo.</p><p>In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America's regional banks. First Republic lost $100 billion in deposits in a matter of days.</p><p>Dimon, at Yellen's prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.</p><p>Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.</p><p>First Republic's loyal following among the West Coast elite would give JPMorgan's bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.</p><p>Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.</p><p>Dimon and his deputies had been in this position before. JPMorgan's 2008 purchase of the failed Washington Mutual helped kick off the bank's nationwide expansion.</p><p>In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation's wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.</p><p>Courting America's mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn't always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. "A huge mistake" is how Dimon has described the saga.</p><p>Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic's balance sheet. They zoomed in on maps of First Republic's branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.</p><p>Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan's consumer bank, would make the trip to First Republic's San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.</p><p>On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.</p><p>A team of nearly 1,000 pored over First Republic's financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank's various businesses.</p><p>"It felt like a finely tuned orchestra," Piepszak said in an interview. "We knew what we knew and what we didn't know."</p><p>First Republic's wealth-management arm was of particular interest.</p><p>In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.</p><p>Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.</p><p>PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan's to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.</p><p>The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.</p><p>The deal revived a debate about the growing power of America's biggest banks.</p><p>"The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse," Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. "A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system."</p><p>Dimon, for his part, said JPMorgan's ability to swallow up most of First Republic's deposits and loans shows that the system is working as it should.</p><p>"We need large, successful banks in the largest and most successful economy in the world," Dimon said on a call with reporters to discuss the deal. "And anyone who thinks that it'd be good for the United States of America not to have that, you call me directly."</p><p>JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.</p><p>JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank's ability to convince First Republic's financial advisers to stay, despite the banks' different compensation structures.</p><p>Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.</p><p>"We want to not break it," Lake said. "We have to do it in a way that works for this company."</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>America's Biggest Bank Is Everywhere -- and It Isn't Done Growing</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\">\nAmerica's Biggest Bank Is Everywhere -- and It Isn't Done Growing\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\">2023-05-21 08:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.</p><p>The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.</p><p>It now has more than 13% of the nation's deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.</p><p>America's biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank's reams of customer spending, saving and borrowing data.</p><p>When the banking system faced a crisis of confidence this spring, JPMorgan's heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.</p><p>Yet JPMorgan's show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.</p><p>Smaller banks support industries and regions that megabanks aren't especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system's top regulators.</p><p>"We have a premier bank that's shown itself to be well run," said Ludwig, who now heads a financial-services advisory firm. "But we need a diverse banking system."</p><p>JPMorgan isn't done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank's dominance, detailing plans to grow in the markets and products where it isn't already No. 1. Chief among them is managing its customers' wealth, one of First Republic's premier offerings.</p><p>"The message from investor day is: 'We are JPMorgan, hear us roar,'" said Mike Mayo, a bank analyst at Wells Fargo.</p><p>In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America's regional banks. First Republic lost $100 billion in deposits in a matter of days.</p><p>Dimon, at Yellen's prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.</p><p>Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.</p><p>First Republic's loyal following among the West Coast elite would give JPMorgan's bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.</p><p>Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.</p><p>Dimon and his deputies had been in this position before. JPMorgan's 2008 purchase of the failed Washington Mutual helped kick off the bank's nationwide expansion.</p><p>In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation's wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.</p><p>Courting America's mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn't always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. "A huge mistake" is how Dimon has described the saga.</p><p>Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic's balance sheet. They zoomed in on maps of First Republic's branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.</p><p>Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan's consumer bank, would make the trip to First Republic's San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.</p><p>On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.</p><p>A team of nearly 1,000 pored over First Republic's financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank's various businesses.</p><p>"It felt like a finely tuned orchestra," Piepszak said in an interview. "We knew what we knew and what we didn't know."</p><p>First Republic's wealth-management arm was of particular interest.</p><p>In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.</p><p>Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.</p><p>PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan's to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.</p><p>The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.</p><p>The deal revived a debate about the growing power of America's biggest banks.</p><p>"The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse," Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. "A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system."</p><p>Dimon, for his part, said JPMorgan's ability to swallow up most of First Republic's deposits and loans shows that the system is working as it should.</p><p>"We need large, successful banks in the largest and most successful economy in the world," Dimon said on a call with reporters to discuss the deal. "And anyone who thinks that it'd be good for the United States of America not to have that, you call me directly."</p><p>JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.</p><p>JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank's ability to convince First Republic's financial advisers to stay, despite the banks' different compensation structures.</p><p>Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.</p><p>"We want to not break it," Lake said. "We have to do it in a way that works for this company."</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4588":"碎股","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4504":"桥水持仓","SG9999002232.USD":"Allianz Global High Payout USD","JPM":"摩根大通","BK4581":"高盛持仓","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0971096721.USD":"富达环球金融服务 A","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","FRCB":"第一共和银行","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0106831901.USD":"贝莱德世界金融基金A2","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4585":"ETF&股票定投概念","LU0882574139.USD":"富达环球消费行业基金A ACC","MS":"摩根士丹利","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4550":"红杉资本持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4127":"投资银行业与经纪业","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1261432733.SGD":"Fidelity World A-ACC-SGD","BK4207":"综合性银行","BK4211":"区域性银行","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336576018","content_text":"Thousands of banks call the U.S. home. Among them, JPMorgan Chase stands alone.The bank has opened branches in 25 new states, plus Washington, D.C., since 2018. Its nearly 4,800 locations are in every state in the Lower 48, an achievement it alone has unlocked. It added another 93 earlier this month when it bought First Republic Bank in a government-backed fire sale.It now has more than 13% of the nation's deposits and 21% of all credit-card spending, a bigger share in each than any other bank. Its investment bankers bring in more revenue than all of their Wall Street rivals, including Goldman Sachs and Morgan Stanley.America's biggest bank is also a travel agency for big spenders and a media company serving up restaurant recommendations. Its Morgan Health unit is trying to transform employer-sponsored healthcare. The Institute, its D.C. think tank, advises government decision makers using the bank's reams of customer spending, saving and borrowing data.When the banking system faced a crisis of confidence this spring, JPMorgan's heft was a ballast. Customers sent it $50 billion in new deposits. Employees at stricken banks sent résumés. Treasury Secretary Janet Yellen called CEO Jamie Dimon for help.Yet JPMorgan's show of strength, for many, exposed a weakness in the U.S. financial system. The bank and its largest rivals have become so big, their reach so extensive, that the government would almost surely step in to prevent their failure. That implicit guarantee encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger at the expense of their smaller peers.Smaller banks support industries and regions that megabanks aren't especially good at serving, said Gene Ludwig, the former head of the Office of the Comptroller of the Currency, one of the banking system's top regulators.\"We have a premier bank that's shown itself to be well run,\" said Ludwig, who now heads a financial-services advisory firm. \"But we need a diverse banking system.\"JPMorgan isn't done getting bigger. At its annual investor day Monday, Dimon and his lieutenants will be quick to play down the bank's dominance, detailing plans to grow in the markets and products where it isn't already No. 1. Chief among them is managing its customers' wealth, one of First Republic's premier offerings.\"The message from investor day is: 'We are JPMorgan, hear us roar,'\" said Mike Mayo, a bank analyst at Wells Fargo.In March, the deposit run that claimed Silicon Valley Bank and Signature Bank in a matter of days was spreading throughout America's regional banks. First Republic lost $100 billion in deposits in a matter of days.Dimon, at Yellen's prodding, rallied his fellow big-bank CEOs to deposit $30 billion into First Republic to shore up confidence in the troubled lender.Behind the scenes, JPMorgan executives began studying the possibility of buying First Republic should rescue efforts fail. The San Francisco-based bank had a slew of rich customers and a ready-made wealth-management business, something JPMorgan was painstakingly building on its own.First Republic's loyal following among the West Coast elite would give JPMorgan's bankers access to another group it long coveted: tech entrepreneurs with lots of money to manage and companies to someday take public.Those customers could become a valuable source of business for its investment bank, which tends to balance out the consumer operation in a downturn. JPMorgan bankers have outearned all their rivals advising on stock and debt sales and mergers every year for the last decade, according to Dealogic.Dimon and his deputies had been in this position before. JPMorgan's 2008 purchase of the failed Washington Mutual helped kick off the bank's nationwide expansion.In the years after the financial crisis, JPMorgan focused on growing its relationship with the nation's wealthy. It built its credit-card operations into a giant, launching its Ultimate Rewards and Sapphire brands. The goal was to forge relationships that, with each new credit card, mortgage and brokerage account, become harder to break.Courting America's mass affluent had become something of an obsession at JPMorgan. Executives hunted for deals that would give them an in with the upwardly mobile. Their efforts didn't always pan out. In 2021, JPMorgan paid $175 million for Frank, a little-known startup that helped would-be college students apply for financial aid. A year later, it sued the founder, Charlie Javice, accusing her of fabricating most of its users. Javice was indicted on fraud charges and has denied wrongdoing. \"A huge mistake\" is how Dimon has described the saga.Dimon was determined to get it right with First Republic. Hundreds of JPMorgan employees studied First Republic's balance sheet. They zoomed in on maps of First Republic's branch network and vetted the real-estate value, neighboring shops and foot traffic, putting to use research tactics they used when JPMorgan was on its branch-building march across the country.Top executives divided up first-day assignments should a deal come together. Marianne Lake and Jennifer Piepszak, the co-heads of JPMorgan's consumer bank, would make the trip to First Republic's San Francisco headquarters and manage the integration. It was a high-stakes assignment for the two women, who sit atop the list of candidates to eventually succeed Dimon as CEO.On the last Friday in April, the Federal Deposit Insurance Corp. decided First Republic was out of time. The JPMorgan machine kicked into high gear.A team of nearly 1,000 pored over First Republic's financial information. On Saturday, Dimon and his top lieutenant, Daniel Pinto, chaired an all-day gathering of top executives that included a series of presentations about what First Republic could do for the bank's various businesses.\"It felt like a finely tuned orchestra,\" Piepszak said in an interview. \"We knew what we knew and what we didn't know.\"First Republic's wealth-management arm was of particular interest.In 2019, JPMorgan announced it was launching a new business to cater to wealthy people who had fallen between the cracks of its retail branches and private bank for the ultrarich. The idea was to capture some of the $4 trillion in assets that JPMorgan depositors were keeping at other wealth managers like Morgan Stanley and Bank of America.Four years later, JPMorgan still lagged well behind its rivals. It has a goal to get to $1 trillion in assets under management. First Republic would put it within spitting distance.PNC Financial, Citizens Financial and Fifth Third Bank also made a run at First Republic in the FDIC-led auction. But the deal was JPMorgan's to lose. With $3.7 trillion in assets, it is more than triple the size of those three combined.The deal was announced before the sun rose on Monday, May 1. Within hours, Lake and Piepszak were on a plane to California.The deal revived a debate about the growing power of America's biggest banks.\"The failure of First Republic Bank shows how deregulation has made the too big to fail problem even worse,\" Massachusetts Democratic Sen. Elizabeth Warren tweeted a few hours after the deal was announced. \"A poorly supervised bank was snapped up by an even bigger bank -- ultimately taxpayers will be on the hook. Congress needs to make major reforms to fix a broken banking system.\"Dimon, for his part, said JPMorgan's ability to swallow up most of First Republic's deposits and loans shows that the system is working as it should.\"We need large, successful banks in the largest and most successful economy in the world,\" Dimon said on a call with reporters to discuss the deal. \"And anyone who thinks that it'd be good for the United States of America not to have that, you call me directly.\"JPMorgan executives have been on the road in the weeks since, visiting First Republic branches and meeting stunned employees, some of whom will lose their jobs.JPMorgan is considering remaking the First Republic locations into special branches for affluent customers, luxurious spaces where they could seek investing and estate-management advice. Success hinges on the bank's ability to convince First Republic's financial advisers to stay, despite the banks' different compensation structures.Lake and Piepszak are treading lightly, preserving the First Republic high-touch, small-bank model while integrating it into their gargantuan bank.\"We want to not break it,\" Lake said. \"We have to do it in a way that works for this company.\"","news_type":1,"symbols_score_info":{"FRCB":0.9,"MS":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":2754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970615702,"gmtCreate":1684376582607,"gmtModify":1684376585675,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970615702","repostId":"2336968353","repostType":2,"repost":{"id":"2336968353","kind":"highlight","pubTimestamp":1684374131,"share":"https://ttm.financial/m/news/2336968353?lang=en_US&edition=fundamental","pubTime":"2023-05-18 09:42","market":"sg","language":"en","title":"These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=2336968353","media":"The Smart Investor","summary":"In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.","content":"<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 09:42 GMT+8 <a href=https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U96.SI":"胜科工业","P34.SI":"DELFI LIMITED","40T.SI":"国际眼科中心","F03.SI":"富旺朝"},"source_url":"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336968353","content_text":"It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will note that the REIT sector has been hit by these headwinds.Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.We highlight four of such stocks to determine if they can continue to hit new 52-week highs.Food Empire HoldingsFood Empire is a food and beverage (F&B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.Delfi LimitedDelfi manufactures and distributes branded consumer products such as chocolates and other confectionary.The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.The group reported a sterling set of earnings for 2022.Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.Net profit jumped nearly 50% year on year to US$43.9 million.A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.Sembcorp Industries LtdSembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.Excluding these, net profit still surged 87% year on year to S$883 million.The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.ISEC HealthcareISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.Net profit surged 45% year on year to S$3.4 million.The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.","news_type":1,"symbols_score_info":{"U96.SI":1,"40T.SI":1,"P34.SI":1,"F03.SI":1}},"isVote":1,"tweetType":1,"viewCount":3415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970615584,"gmtCreate":1684376560548,"gmtModify":1684376563683,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970615584","repostId":"2336968353","repostType":2,"repost":{"id":"2336968353","kind":"highlight","pubTimestamp":1684374131,"share":"https://ttm.financial/m/news/2336968353?lang=en_US&edition=fundamental","pubTime":"2023-05-18 09:42","market":"sg","language":"en","title":"These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=2336968353","media":"The Smart Investor","summary":"In a climate of uncertainty, these stocks have managed to scale a year high. Let’s find out if they can continue to break new records.","content":"<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 4 Singapore Stocks Are Hitting 52-Week Highs: Can Their Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 09:42 GMT+8 <a href=https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U96.SI":"胜科工业","P34.SI":"DELFI LIMITED","40T.SI":"国际眼科中心","F03.SI":"富旺朝"},"source_url":"https://thesmartinvestor.com.sg/these-4-singapore-stocks-are-hitting-52-week-highs-can-their-run-continue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336968353","content_text":"It has admittedly been a tough year for investors.The combination of soaring inflation and higher interest rates has weighed on sentiment and dampened consumer spending.Income-seeking investors will note that the REIT sector has been hit by these headwinds.Growth investors also saw technology stocks tumble last year from their highs as macroeconomic challenges stepped in.Despite these occurrences, there is still a crop of companies that are seeing their share prices hit a 52-week high.These stocks may have a sturdy business model that can continue to do well, thus allowing them to enjoy such a healthy run.We highlight four of such stocks to determine if they can continue to hit new 52-week highs.Food Empire HoldingsFood Empire is a food and beverage (F&B) manufacturing and distribution business offering beverages such as 3-in-1 instant coffee, chocolate drinks, bubble tea, and others.The group owns eight manufacturing facilities in five countries and has 23 offices worldwide and also owns proprietary brands such as MacCoffee, CafePHO, Hillway, and Klassno.Food Empire’s share price recently touched a year-high of S$1.13 but recently closed at S$1.05, almost double the level it was a year ago.The group recently released its fiscal 2023’s first quarter (1Q 2023) business update.Revenue jumped 24.2% year on year to S$102.6 million while gross profit improved by 43.2% year on year to S$36.6 million.Because of lower foreign exchange losses, net profit surged by 50.9% year on year to S$13.8 million.The key contributors to the revenue increase were the “Russia” and “Ukraine, Kazakhstan and CIS” regions which saw a 44% and 52.2% year on year jump in sales, respectively.Food Empire’s “South Asia” segment also fared well with a near-30% year on year increase in revenue to S$10.9 million.The group plans to increase marketing and promotional activity in Vietnam to achieve higher revenue for the South Asia segment with the expansion of a non-dairy creamer factory set to contribute to the top line in the fourth quarter of this year.Delfi LimitedDelfi manufactures and distributes branded consumer products such as chocolates and other confectionary.The group has a portfolio of established brands such as SilverQueen and Ceres in Indonesia and Goya and Knick-Knacks in the Philippines.Delfi’s share price hit a 52-week high of S$1.35 and closed at S$1.28 recently, up 73% in a year.The group reported a sterling set of earnings for 2022.Revenue rose 19.2% year on year to US$483 million, led by a 17.5% year on year increase in revenue in Indonesia, its key market.Gross profit margin improved slightly from 29.5% in 2021 to 30.7% in 2022.Net profit jumped nearly 50% year on year to US$43.9 million.A final dividend of US$0.02 and sa special dividend of US$0.0072 were declared, bringing 2022’s total dividend to US$0.043.Delfi saw its inventories rise from US$64.8 million in 2021 to US$115.5 million in 2022 in anticipation of better sales for this year.Sembcorp Industries LtdSembcorp Industries, or SCI, is a blue-chip energy and urban solutions provider.The group’s share price scaled a new 52-week high of S$4.80 recently, and at S$4.72 currently, is up nearly 69% in the past year.For 2022, SCI’s revenue rose 21% year on year to S$9.4 billion.Net profit more than tripled year on year from S$279 million to S$848 million, but included one-off and exceptional items.Excluding these, net profit still surged 87% year on year to S$883 million.The group continues to build up its renewables portfolio, with its latest acquisition closing on 30 March for 892 MW of operational wind and solar assets in China.This purchase brings SCI’s renewables portfolio of assets in operation and under development to 10.3 GW, exceeding its 2025 target of hitting 10 GW.ISEC HealthcareISEC Healthcare provides a comprehensive range of eye care services with surgical centres in Malaysia, a specialist clinic in Singapore, and ophthalmology centres in Yangon, Myanmar.The group’s share price hit a 52-week high of S$0.37 and has retreated to S$0.32, but is still 10% higher than it was last year.ISEC Healthcare also released an encouraging set of earnings for 1Q 2023.Revenue jumped 43% year on year to S$16.9 million, buoyed by a significant increase in patient visits as countries lifted their COVID-19 restrictions.Net profit surged 45% year on year to S$3.4 million.The group also generated a positive free cash flow of S$3.2 million, higher than the S$2.1 million generated in the same period last year.","news_type":1,"symbols_score_info":{"U96.SI":1,"40T.SI":1,"P34.SI":1,"F03.SI":1}},"isVote":1,"tweetType":1,"viewCount":2949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970863771,"gmtCreate":1684285874394,"gmtModify":1684285877460,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970863771","repostId":"2336338698","repostType":2,"repost":{"id":"2336338698","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684268317,"share":"https://ttm.financial/m/news/2336338698?lang=en_US&edition=fundamental","pubTime":"2023-05-17 04:18","market":"us","language":"en","title":"Wall Street Closes Lower After Home Depot Outlook, US Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2336338698","media":"Reuters","summary":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. r","content":"<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.</p><p>"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings," said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst."</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was "comfortable" with raising interest rates further if needed, but liked the "optionality" implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></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>Wall Street Closes Lower After Home Depot Outlook, US Retail Sales</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\">\nWall Street Closes Lower After Home Depot Outlook, US Retail Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-17 04:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.</p><p>Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.</p><p>"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings," said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.</p><p>"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst."</p><p>The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.</p><p>Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.</p><p>While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.</p><p>Richmond Fed President Thomas Barkin said he was "comfortable" with raising interest rates further if needed, but liked the "optionality" implied in the latest policy statement.</p><p>Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.</p><p>Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.</p><p>Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.</p><p>The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.</p><p>Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.</p><p>The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.</p><p>Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed54d319a7d6ca8841aa3cc378ef1b3\" tg-width=\"1080\" tg-height=\"1920\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","HD":"家得宝","HZNP":"Horizon Pharma","LOW":"劳氏",".SPX":"S&P 500 Index","AMGN":"安进","COF":"第一资本"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336338698","content_text":"U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consumer spending, while uncertainty about interest rates and debt limit negotiations weighed on sentiment.Home Depot declined 2.15% as one of the biggest drag on both the Dow Industrials and S&P 500 after the home improvement retailer cut its annual sales forecast and projected a steeper-than-expected decline in profit. Shares of peer Lowe's Companies Inc fell 1.16%.\"You can argue that people are tired of spending on the house, they want experiences, they want to go out they want to do other things, they don’t want to fix up the house according to Home Depot, because they had horrendous earnings,\" said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.The Commerce Department reported retail sales rose 0.4% in April, short of the estimate for an increase of 0.8%. But core retail sales rebounded, a figure excluding automobiles, gasoline, building materials and food services.\"There is a sense that people are starting to get a little bit more sensitive to the Fed being successful and this ongoing drama of the debt ceiling is causing angst.\"The Dow Jones Industrial Average fell 336.46 points, or 1.01%, to 33,012.14, the S&P 500 lost 26.38 points, or 0.64%, to 4,109.9 and the Nasdaq Composite dipped 22.16 points, or 0.18%, to 12,343.05.Recent data has indicated slowing in the U.S. economy following a string of rate hikes by the Federal Reserve to fight high inflation. That slowing along with recent negotiations over the U.S. debt ceiling has focused attention on when the central bank will pause hiking, or cut interest rates.While the market is currently pricing in a rate hike by the end of the year, recent comments from Fed officials suggested they are not ready to cut rates soon.Richmond Fed President Thomas Barkin said he was \"comfortable\" with raising interest rates further if needed, but liked the \"optionality\" implied in the latest policy statement.Cleveland Fed President Loretta Mester said she does not think the central bank can hold interest rates steady yet.Lawmakers held a new round of talks about raising the debt ceiling. The Treasury Department has warned it could run out of money as soon as June 1 without a deal, which would trigger a default and likely cause a sharp economic slump.Horizon Therapeutics tumbled 14.17% as the Federal Trade Commission said it would file a lawsuit to block Amgen Inc's $27.8 billion deal to buy the company. Shares of Amgen fell 2.42%.The decline in both stocks weighed on the Nasdaq Biotech Index , which closed at a three-week low after dropping 2.44%, its biggest one-day percentage decline in three months.Shares of $Capital One Financial Corp(COF-N)$ climbed 2.05% the day after Berkshire Hathaway Inc disclosed it had taken a stake of nearly $1 billion in the stock.Declining issues outnumbered advancing ones on the NYSE by a 4.05-to-1 ratio; on Nasdaq, a 2.28-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 47 new highs and 188 new lows.Volume on U.S. exchanges was 9.36 billion shares, compared with the 10.58 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"HD":1,"COF":0.9,".DJI":0.9,".SPX":0.9,"HZNP":0.9,"AMGN":0.9,".IXIC":0.9,"LOW":0.9}},"isVote":1,"tweetType":1,"viewCount":3015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970103396,"gmtCreate":1684112394916,"gmtModify":1684112398496,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970103396","repostId":"1174990352","repostType":2,"repost":{"id":"1174990352","kind":"news","pubTimestamp":1684107142,"share":"https://ttm.financial/m/news/1174990352?lang=en_US&edition=fundamental","pubTime":"2023-05-15 07:32","market":"sg","language":"en","title":"SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering","url":"https://stock-news.laohu8.com/highlight/detail?id=1174990352","media":"The Smart Investor","summary":"Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflat","content":"<div>\n<p>Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflation rate in the US.It was just a week ago when we highlighted that the US Federal Reserve made its ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","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>SGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering</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; 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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\">\nSGX Weekly Review: US Inflation, Singapore Post, Lendlease REIT and SIA Engineering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-15 07:32 GMT+8 <a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflation rate in the US.It was just a week ago when we highlighted that the US Federal Reserve made its ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTOU.SI":"宏利美国房地产投资信托"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-inflation-singapore-post-lendlease-reit-and-sia-engineering/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174990352","content_text":"Welcome to weekly edition of top stock market highlights.US inflation rateAll eyes are on the inflation rate in the US.It was just a week ago when we highlighted that the US Federal Reserve made its 10th consecutive rate hike to bring its benchmark overnight interest rate to between 5% and 5.25%.This round, inflation data came in lower than anticipated and the inflation rate showed signs of moderating.Prices rose by 4.9% year on year, dropping below the key 5% mark for the first time in two years.A narrower measure tracked by central bank officials involving services that have boomed as the pandemic’s effects fade showed even more cooling.The increase in prices for this basket of goods has increased at its slowest pace since the middle of 2022.It’s good news for investors who are worried that the US Federal Reserve will continue to increase interest rates, thereby triggering a much-feared recession.However, the central bank will need to observe more than one month of data before deciding to keep rates constant; while inflation remains above its long-term target of 2%.Singapore Post Limited (SGX: S08)Singapore Post, or SingPost, released its fiscal 2023 (FY2023) earnings ending 31 March 2023.Revenue rose 12.4% year on year to S$1.87 billion but operating profit fell by 16.9% year on year to S$93.2 million because of higher expenses.Net profit plunged by 70.3% year on year to S$24.7 million because of an exceptional charge of S$7.7 million for FY2023.The loss comprised fair value losses from a put option along with merger and acquisition expenses and restructuring charges, offset by fair value gains from investment properties.The weak performance was because SingPost’s Post & Parcel division reported its first-ever full-year operating loss of S$15.9 million.Management expects this division to continue to post losses for FY2024 and has initiated a strategic review to assess the commercial sustainability of the division.The reasons for the loss include a persistent decline in letter mail volume and lower e-commerce volumes because of customer re-insourcing.A final dividend of S$0.004 was proposed, taking FY2023’s dividend to S$0.0058.This total dividend was a sharp drop from the S$0.018 that was paid out in FY2022.Lendlease Global Commercial REIT (SGX: JYEU)Lendlease Global Commercial REIT, or LREIT, released its fiscal 2023’s third quarter (3Q FY2023) business update where it disclosed its operating and debt metrics.The REIT’s portfolio committed occupancy stood high at 99.8% with positive rental reversions recorded for both its retail and commercial arms.Retail rental reversion came in at 3.3% while office rental reversion was a positive 4%.LREIT’s gearing ratio stood at 39.3% with a low weighted average cost of debt of 2.51%.Around 61% of the REIT’s loans are on fixed rates.There was good news on the retail front as tenant sales for 3Q FY2023 shot up more than fourfold year on year to S$202.7 million.Footfall improved from 5.8 million in the prior year to 15.4 million for the current quarter.Looking ahead, the manager plans to engage in proactive asset management to enhance LREIT’s portfolio resilience.It also plans to explore opportunities to conduct asset enhancement initiatives for organic rental income growth.SIA Engineering Company Ltd (SGX: S59)SIA Engineering, or SIAEC, is seeing volumes rise sharply for both its line and base maintenance divisions as air travel returns with a bang.The group reported a commendable set of earnings for FY2023 with revenue climbing 40.6% year on year to S$796 million.Operating loss, however, came in almost 21% higher than last year at S$26.3 million because of a sharp spike in staff and material costs.Net profit dipped just slightly from S$67.6 million in FY2022 to S$66.4 million in FY2023, helped by higher interest income and lower taxation.SIAEC’s Line Maintenance division handled a total of 105,139 flights in FY2023, more than double the 47,877 a year ago.At this level, flight recovery stood at 78.7% of pre-COVID levels, a sharp improvement from just 38.1% in March 2022.Over at the Base Maintenance division, the number of light checks at SIAEC’s Singapore base jumped from 348 a year ago to 568 while heavy checks inched slightly from 93 to 94 over the same period.For Clark Base, heavy checks grew 33.3% year on year to 32 for FY2023.The group has proposed its first dividend since the onset of the pandemic with a recommended final dividend of S$0.055.Looking ahead, the pace of recovery remains uncertain but the reopening of China’s borders is positive for a full recovery.However, the risk of a global recession and higher costs could weigh on SIAEC’s results for FY2024.","news_type":1,"symbols_score_info":{"L03.SI":0.9,"BTOU.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970078161,"gmtCreate":1683766714853,"gmtModify":1683766718401,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4116119002753472","idStr":"4116119002753472"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970078161","repostId":"2334272027","repostType":2,"repost":{"id":"2334272027","kind":"highlight","pubTimestamp":1683699845,"share":"https://ttm.financial/m/news/2334272027?lang=en_US&edition=fundamental","pubTime":"2023-05-10 14:24","market":"us","language":"en","title":"Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2334272027","media":"Yahoo Finance","summary":"Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this y","content":"<div>\n<p>Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","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>Tech Earnings Featured More Stock Buybacks – Here's What That Means for Investors</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\">\nTech Earnings Featured More Stock Buybacks – Here's What That Means for Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 14:24 GMT+8 <a href=https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","MSFT":"微软","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/tech-earnings-featured-more-stock-buybacks--heres-what-that-means-for-investors-205638384.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2334272027","content_text":"Share repurchases, or stock buybacks, have appeared over and over in tech companies' earnings this year. But they might be misunderstood, according to Cornell University assistant professor Nick Guest.\"Our main takeaway is that share buybacks don't create or destroy a lot of wealth,\" Guest told Yahoo Finance Live. \"So you might wonder, 'Well, why are companies repurchasing on track for more than $1 trillion this year?' The benefits seem to be an opportunity for management to signal that they believe the stock is undervalued.\" There are plenty of criticisms of buybacks, including that companies use them to manipulate their share prices. But those criticisms haven't been necessarily proven by the data, according to Guest. \"Some argue they're associated with excessive executive compensation and that companies that buy back don't have as much cash available to take advantage of investment opportunities, thereby sacrificing growth and ultimately profitability,\" he said. \"But our evidence comparing both companies that repurchased and companies that don't repurchase shares didn't find any large-scale, on average, evidence of those things.\"Some of the biggest buyback news of this earnings cycle came from Alphabet (GOOG, GOOGL). If Google's $70 billion buyback announcement seems big, it is — sort of, VerityData analyst Ali Ragih said.\"$70 billion is slightly large for them, but not when you compare and adjust market-wide,\" he said. \"The best way to think about $70 billion is to compare against the market cap because you can better normalize market-wide. $70 billion is equal to 5.2% of the market cap at Google.\"Likewise, Apple (AAPL) also announced it would buy back $90 billion in stock this week.Why companies buy back stock – and when they shouldSo why do these companies do stock buybacks? \"Repurchases have more flexibility than dividends,\" Guest said. \"They're easier to temporarily cut during downtime, and repurchasing shares reduces the amount of cash that could be misused on management's pet projects.\"Another reason, Guest added, is that \"managers and others — the board, for example — can use repurchased shares to compensate employees. So those seem to be the benefits, as opposed to improving long-term profitability or creating additional investment opportunities.\"It's worth doing buybacks when management thinks the company's valuation is low, Ragih said.\"The best time to do a buyback is when the valuation is low because companies get the most bang for their buyback,\" he told Yahoo Finance. \"If Google spends $15 billion, they’d want to get the most amount of shares for that $15 billion – lower stock price will get them more shares for the same overall dollar value of spend.\"It's even more worthwhile if the company in question has the cash, which Alphabet does, Ragih added.\"Google has a high amount of free cash flow and not much else to spend it on, so it’s appropriate to return cash to shareholders,\" he said. \"To boil it down, after they pay for organic investments, they still have a lot of cash left each quarter. The cash balance is about $100 billion so they defer to buybacks.\"However, buyback backlash has increased in recent years. Critics say that they enrich companies and executives without improving the overall economy. So over time, shareholders may see fewer buybacks if that trend continues. \"If the disincentives increase — for example, if we get this 4% tax or other limits on what managers can do in terms of selling their own shares after the company has bought back shares, and other potential restrictions — then some firms might decide to retain the cash instead or switch to dividends, which both could have negative consequences,\" Guest said. \"For example, dividends, as we know, are taxed as income tax, ... whereas repurchases typically generate a capital gain. So that could create some additional costs for shareholders.\"","news_type":1,"symbols_score_info":{"MSFT":0.9,"META":0.9,"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":3007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}