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beaverknight
2021-06-18
Comment
Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P
beaverknight
2021-06-17
Nice
Vaccine sector stocks gained in pre-market trading.
beaverknight
2021-06-16
Nice
Alibaba’s Shopping Website Falls Prey to Data Leak
beaverknight
2021-06-16
Nice
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beaverknight
2021-06-16
Nice
Sorry, the original content has been removed
beaverknight
2021-06-16
Nice
Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger
beaverknight
2021-03-29
Comment
SEC Says It’s Been Monitoring Archegos Fallout Since Last Week
beaverknight
2021-03-26
Comment and reply please
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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":1623970062,"share":"https://ttm.financial/m/news/2144286417?lang=&edition=fundamental","pubTime":"2021-06-18 06:47","market":"us","language":"en","title":"Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2144286417","media":"Reuters","summary":"June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d","content":"<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. 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The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>","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>Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P</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\">\nNasdaq closes up on tech stocks strength, as hawkish Fed limits S&P\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\">2021-06-18 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144286417","content_text":"June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.\nThe marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.\nMany investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.\nFed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.\n\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.\nTechnology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.\nInvestors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.\nMeanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.\nThe Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.\nThe Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.\nInterest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.\nThe strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.\nOther economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.\nVolume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.\nThe S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161846465,"gmtCreate":1623919638757,"gmtModify":1703823503489,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161846465","repostId":"1147243421","repostType":4,"repost":{"id":"1147243421","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623918768,"share":"https://ttm.financial/m/news/1147243421?lang=&edition=fundamental","pubTime":"2021-06-17 16:32","market":"us","language":"en","title":"Vaccine sector stocks gained in pre-market trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147243421","media":"Tiger Newspress","summary":"Vaccine sector stocks gained in pre-market trading.\nNovavax,Moderna and BioNTech shares were up bewt","content":"<p>Vaccine sector stocks gained in pre-market trading.</p>\n<p>Novavax,Moderna and BioNTech shares were up bewteen 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/bcf7ccd098da30e231e2f93a2600de4a\" tg-width=\"1291\" tg-height=\"641\"></p>","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>Vaccine sector stocks gained in pre-market trading.</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\">\nVaccine sector stocks gained in pre-market trading.\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\">2021-06-17 16:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Vaccine sector stocks gained in pre-market trading.</p>\n<p>Novavax,Moderna and BioNTech shares were up bewteen 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/bcf7ccd098da30e231e2f93a2600de4a\" tg-width=\"1291\" tg-height=\"641\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药","MRNA":"Moderna, Inc.","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147243421","content_text":"Vaccine sector stocks gained in pre-market trading.\nNovavax,Moderna and BioNTech shares were up bewteen 1% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169591471,"gmtCreate":1623841516393,"gmtModify":1703821051867,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169591471","repostId":"2143279828","repostType":4,"repost":{"id":"2143279828","kind":"news","pubTimestamp":1623834651,"share":"https://ttm.financial/m/news/2143279828?lang=&edition=fundamental","pubTime":"2021-06-16 17:10","market":"us","language":"en","title":"Alibaba’s Shopping Website Falls Prey to Data Leak","url":"https://stock-news.laohu8.com/highlight/detail?id=2143279828","media":"SmarterAnalyst","summary":"Data from Alibaba Group Holding Ltd.’s (BABA) shopping website, Taobao, was found to be illegally sc","content":"<p>Data from Alibaba Group Holding Ltd.’s (<b>BABA</b>) shopping website, Taobao, was found to be illegally scraped by a Chinese software developer, reported The Wall Street Journal.</p> \n<p>The developer was found to have stolen more than 1.1 billion pieces of user information such as IDs, mobile phone numbers and customer comments, since November 2019. The e-commerce giant assured customers that they were not financially harmed by this leak. However, it failed to disclose the number of people affected.</p> \n<p>Alibaba has been under scrutiny by Chinese regulators of late, mainly due to its decision to scrap Ant Group’s IPO, and was also slapped with a penalty of $2.8 billion for taking advantage of its strong position in the market. (See Alibaba’s stock analysis on TipRanks)</p> \n<p>In May, Susquehanna analyst Shyam Patil reiterated a Buy rating and a price target of $350 (66.62% upside potential) on the stock. The analyst noted the company has growth opportunities to grab, despite facing certain regulatory headwinds.</p> \n<p>Overall, the stock has a Strong Buy consensus rating based on 25 Buys and 1 Hold. The Alibaba average analyst price target of $301.60 implies 43.58% upside potential from current levels. The stock has declined 7.8% over the past year.</p> \n<p>Alibaba scores a “Perfect 10” from TipRanks’ Smart Score rating system, indicating the stock has strong potential to outperform market expectations.</p> \n<p><img src=\"https://static.tigerbbs.com/bd82ab6ec80d44ae37db8c28515293da\" tg-width=\"1024\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","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>Alibaba’s Shopping Website Falls Prey to Data Leak</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\">\nAlibaba’s Shopping Website Falls Prey to Data Leak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 17:10 GMT+8 <a href=https://finance.yahoo.com/news/alibaba-shopping-website-falls-prey-084051261.html><strong>SmarterAnalyst</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Data from Alibaba Group Holding Ltd.’s (BABA) shopping website, Taobao, was found to be illegally scraped by a Chinese software developer, reported The Wall Street Journal.\nThe developer was found to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-shopping-website-falls-prey-084051261.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"https://finance.yahoo.com/news/alibaba-shopping-website-falls-prey-084051261.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143279828","content_text":"Data from Alibaba Group Holding Ltd.’s (BABA) shopping website, Taobao, was found to be illegally scraped by a Chinese software developer, reported The Wall Street Journal.\nThe developer was found to have stolen more than 1.1 billion pieces of user information such as IDs, mobile phone numbers and customer comments, since November 2019. The e-commerce giant assured customers that they were not financially harmed by this leak. However, it failed to disclose the number of people affected.\nAlibaba has been under scrutiny by Chinese regulators of late, mainly due to its decision to scrap Ant Group’s IPO, and was also slapped with a penalty of $2.8 billion for taking advantage of its strong position in the market. (See Alibaba’s stock analysis on TipRanks)\nIn May, Susquehanna analyst Shyam Patil reiterated a Buy rating and a price target of $350 (66.62% upside potential) on the stock. The analyst noted the company has growth opportunities to grab, despite facing certain regulatory headwinds.\nOverall, the stock has a Strong Buy consensus rating based on 25 Buys and 1 Hold. The Alibaba average analyst price target of $301.60 implies 43.58% upside potential from current levels. The stock has declined 7.8% over the past year.\nAlibaba scores a “Perfect 10” from TipRanks’ Smart Score rating system, indicating the stock has strong potential to outperform market expectations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169593495,"gmtCreate":1623841481117,"gmtModify":1703821050734,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169593495","repostId":"2143795927","repostType":4,"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169593276,"gmtCreate":1623841467195,"gmtModify":1703821050251,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/169593276","repostId":"1100499327","repostType":4,"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169507126,"gmtCreate":1623841343865,"gmtModify":1703821045731,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169507126","repostId":"1105866425","repostType":4,"repost":{"id":"1105866425","kind":"news","pubTimestamp":1623837565,"share":"https://ttm.financial/m/news/1105866425?lang=&edition=fundamental","pubTime":"2021-06-16 17:59","market":"us","language":"en","title":"Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger","url":"https://stock-news.laohu8.com/highlight/detail?id=1105866425","media":"bloomberg","summary":"Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.But in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually ","content":"<p>Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.</p>\n<p>Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.</p>\n<p>At the end of May, the total marketcapitalizationof stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion.</p>\n<p>But in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually be protected should one of the firms not have the backing they purport to have. They also say the growing size of stablecoins has created a situation where huge amounts of U.S. dollar-equivalent coins are being exchanged without touching the U.S. banking system, potentially blinding regulators to illicit finance.</p>\n<p>“They’re dangerous to both their users and, as they grow, to the broader financial system,” said Lev Menand, an academic fellow at Columbia Law School, in testimony to a Senate Banking subcommittee last week.</p>\n<p>Administration officials have expressed concern to representatives of stablecoin issuers in recent weeks that consumers don’t understand that money held in a stablecoin isn’t protected by the Federal Deposit Insurance Corp. and that, in some cases, they could potentially lose money on a stablecoin, according to a person familiar with the matter who requested anonymity to describe confidential discussions. The person said officials are also worried that criminals could use stablecoins to transfer money without having to touch a bank, meaning that they could avoid protections meant to catch money laundering and other illicit activity.</p>\n<p>Massachusetts Democratic Senator Elizabeth Warren compared stablecoins to “wildcat notes” issued by poorly capitalized banks in the 19th century that later stuck many of their holders with large losses, speaking at a Senate Banking subcommitteehearinglast week. Warren said that if the Federal Reserve were to issue its own digital currency, consumers could get the benefits of a stablecoin without that kind of risk.</p>\n<p>The U.S. and other nations are already considering launching their own digital currencies. Those coins, known as central bank digital currencies, would be direct competitors to stablecoins. Later this year, theFederal Reserve Bank of Bostonplans to publish research and open-source code showing technology that could underpin a digital dollar. Fed Chair Jerome Powell has said lawmakers will likely need to weigh in for the project to advance and that the process could take years.</p>\n<p>Last month, in astatementon the Fed’s progress in researching a CBDC, Powell said that stablecoins could pose risks to the financial system. “As stablecoins’ use increases, so must our attention to the appropriate regulatory and oversight framework,” Powell said.</p>\n<p>Days after Powell’s statement, Fed Governor Lael Brainard in aspeechgave her own warning, saying that widening use of stablecoins could fragment the financial system, potentially raising costs for U.S. households and businesses.</p>\n<p>Brainard and other Fed officials have warned that if privately-issued stablecoins become widely used, but consumers then lose confidence in them, it could result in the kind of “run on the bank” panic that threatens financial stability.</p>\n<p>As cryptocurrency trading has exploded, so has the use of stablecoins. Right now, investors primarily use stablecoins as a place to park money on cryptocurrency exchanges without having to transfer cash back to their bank accounts. The largest by far, with a market capitalization of $62.6 billion, is Tether, which is incorporated in Hong Kong. U.S. Dollar Coin, or USDC, has a market value of $23.8 billion and was created by theCentre Consortium, a partnership between crypto payments firmCircle Internet Financial Inc.and U.S. crypto exchangeCoinbase Global Inc.</p>\n<p>Early stablecoin controversies circled aroundTether International Ltd., which originally said its coins were completely backed by cash. In February, New York’s attorney generalsaidthe company for years didn’t actually have the cash it said it did and banned Tether from trading with New York residents. Now the company says Tether’s coin is backed not just by cash, but by assets including commercial paper, corporate bonds and precious metals. The Centre Consortium says each U.S. Dollar Coin is backed by a dollar held in a bank account.</p>\n<p>“Tether embraces transparency and regulation,” said Tether General Counsel Stuart Hoegner, in a statement, noting that the company is registered as a money-services business with the Treasury Department. Hoegner said Tether doesn’t currently accept U.S. customers and is pursuing audits for past years of Tether’s reserves. “We continue to look for avenues of regulation globally and are pursuing regimes in several countries,” he said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63a81696d4533f7e6c4d6bf3f651b8bc\" tg-width=\"1000\" tg-height=\"604\" referrerpolicy=\"no-referrer\"><span>Breakdown of Tether’s Reserves</span></p>\n<p>Centre didn’t respond to a request for comment.</p>\n<p>Other than continuing work on a potential central bank digital currency and increasing what stablecoin firms have to disclose to consumers, it’s unclear what regulators can do to slow stablecoins’ rapid growth. Timothy Massad, former chairman of the Commodity Futures Trading Commission, in a Mayop-edsaid theSecurities and Exchange Commissioncould regulate stablecoins in a similar way to money-market funds, which aren’t FDIC-insured and faced stress during the 2008 financial crisis.</p>\n<p>For more:Crypto’sShadow Currency Surges Past Deposits of Most U.S. Banks</p>\n<p>One billintroducedin Congress last year would require stablecoin issuers to have a banking charter and get approval from the Fed, among other agencies, though the bill is unlikely to become law.</p>\n<p>The most immediate way that some stablecoins might come under attack is from enforcers, such as what happened with the New York attorney general, who could pursue issuers for lying to consumers, saidJosh Lipsky, director of the Atlantic Council’s GeoEconomics Center. Lipsky said stablecoin issuers could eventually work in tandem with international governments’ projects to issue their own digital currencies but that the U.S. and others will have to develop regulations to ensure consumers aren’t hurt.</p>\n<p>“The way it’s marketed is that you’re getting a dollar, but stablecoins are not always that stable,” Lipsky said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 17:59 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.\nTheir focus is on so-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105866425","content_text":"Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.\nTheir focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.\nAt the end of May, the total marketcapitalizationof stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion.\nBut in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually be protected should one of the firms not have the backing they purport to have. They also say the growing size of stablecoins has created a situation where huge amounts of U.S. dollar-equivalent coins are being exchanged without touching the U.S. banking system, potentially blinding regulators to illicit finance.\n“They’re dangerous to both their users and, as they grow, to the broader financial system,” said Lev Menand, an academic fellow at Columbia Law School, in testimony to a Senate Banking subcommittee last week.\nAdministration officials have expressed concern to representatives of stablecoin issuers in recent weeks that consumers don’t understand that money held in a stablecoin isn’t protected by the Federal Deposit Insurance Corp. and that, in some cases, they could potentially lose money on a stablecoin, according to a person familiar with the matter who requested anonymity to describe confidential discussions. The person said officials are also worried that criminals could use stablecoins to transfer money without having to touch a bank, meaning that they could avoid protections meant to catch money laundering and other illicit activity.\nMassachusetts Democratic Senator Elizabeth Warren compared stablecoins to “wildcat notes” issued by poorly capitalized banks in the 19th century that later stuck many of their holders with large losses, speaking at a Senate Banking subcommitteehearinglast week. Warren said that if the Federal Reserve were to issue its own digital currency, consumers could get the benefits of a stablecoin without that kind of risk.\nThe U.S. and other nations are already considering launching their own digital currencies. Those coins, known as central bank digital currencies, would be direct competitors to stablecoins. Later this year, theFederal Reserve Bank of Bostonplans to publish research and open-source code showing technology that could underpin a digital dollar. Fed Chair Jerome Powell has said lawmakers will likely need to weigh in for the project to advance and that the process could take years.\nLast month, in astatementon the Fed’s progress in researching a CBDC, Powell said that stablecoins could pose risks to the financial system. “As stablecoins’ use increases, so must our attention to the appropriate regulatory and oversight framework,” Powell said.\nDays after Powell’s statement, Fed Governor Lael Brainard in aspeechgave her own warning, saying that widening use of stablecoins could fragment the financial system, potentially raising costs for U.S. households and businesses.\nBrainard and other Fed officials have warned that if privately-issued stablecoins become widely used, but consumers then lose confidence in them, it could result in the kind of “run on the bank” panic that threatens financial stability.\nAs cryptocurrency trading has exploded, so has the use of stablecoins. Right now, investors primarily use stablecoins as a place to park money on cryptocurrency exchanges without having to transfer cash back to their bank accounts. The largest by far, with a market capitalization of $62.6 billion, is Tether, which is incorporated in Hong Kong. U.S. Dollar Coin, or USDC, has a market value of $23.8 billion and was created by theCentre Consortium, a partnership between crypto payments firmCircle Internet Financial Inc.and U.S. crypto exchangeCoinbase Global Inc.\nEarly stablecoin controversies circled aroundTether International Ltd., which originally said its coins were completely backed by cash. In February, New York’s attorney generalsaidthe company for years didn’t actually have the cash it said it did and banned Tether from trading with New York residents. Now the company says Tether’s coin is backed not just by cash, but by assets including commercial paper, corporate bonds and precious metals. The Centre Consortium says each U.S. Dollar Coin is backed by a dollar held in a bank account.\n“Tether embraces transparency and regulation,” said Tether General Counsel Stuart Hoegner, in a statement, noting that the company is registered as a money-services business with the Treasury Department. Hoegner said Tether doesn’t currently accept U.S. customers and is pursuing audits for past years of Tether’s reserves. “We continue to look for avenues of regulation globally and are pursuing regimes in several countries,” he said.\nBreakdown of Tether’s Reserves\nCentre didn’t respond to a request for comment.\nOther than continuing work on a potential central bank digital currency and increasing what stablecoin firms have to disclose to consumers, it’s unclear what regulators can do to slow stablecoins’ rapid growth. Timothy Massad, former chairman of the Commodity Futures Trading Commission, in a Mayop-edsaid theSecurities and Exchange Commissioncould regulate stablecoins in a similar way to money-market funds, which aren’t FDIC-insured and faced stress during the 2008 financial crisis.\nFor more:Crypto’sShadow Currency Surges Past Deposits of Most U.S. Banks\nOne billintroducedin Congress last year would require stablecoin issuers to have a banking charter and get approval from the Fed, among other agencies, though the bill is unlikely to become law.\nThe most immediate way that some stablecoins might come under attack is from enforcers, such as what happened with the New York attorney general, who could pursue issuers for lying to consumers, saidJosh Lipsky, director of the Atlantic Council’s GeoEconomics Center. Lipsky said stablecoin issuers could eventually work in tandem with international governments’ projects to issue their own digital currencies but that the U.S. and others will have to develop regulations to ensure consumers aren’t hurt.\n“The way it’s marketed is that you’re getting a dollar, but stablecoins are not always that stable,” Lipsky said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355133854,"gmtCreate":1617033546078,"gmtModify":1704801204812,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355133854","repostId":"1119928689","repostType":4,"repost":{"id":"1119928689","kind":"news","pubTimestamp":1617030997,"share":"https://ttm.financial/m/news/1119928689?lang=&edition=fundamental","pubTime":"2021-03-29 23:16","market":"us","language":"en","title":"SEC Says It’s Been Monitoring Archegos Fallout Since Last Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1119928689","media":"Bloomberg","summary":"The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than ","content":"<p>The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc. to ViacomCBS Inc.</p>\n<p>“We have been monitoring the situation and communicating with market participants since last week,” an SEC spokesperson said in emailed statement.</p>\n<p>Hwang’s New York-based Archegos Capital Management is at the center of a margin call that led to the forced liquidation on Friday, according to people familiar with the transactions. Among the companies sold were GSX Techedu Inc. and Discovery Inc.</p>\n<p>Banks including Credit Suisse Group AG and Nomura Holdings Inc. are warning investors that they may face “significant” losses after an unnamed U.S. hedge fund client defaulted on margin calls. Goldman Sachs is telling shareholders and clients that any losses it faces from Archegos are likely to be immaterial, a person familiar with the matter said.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Says It’s Been Monitoring Archegos Fallout Since Last Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Says It’s Been Monitoring Archegos Fallout Since Last Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 23:16 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119928689","content_text":"The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc. to ViacomCBS Inc.\n“We have been monitoring the situation and communicating with market participants since last week,” an SEC spokesperson said in emailed statement.\nHwang’s New York-based Archegos Capital Management is at the center of a margin call that led to the forced liquidation on Friday, according to people familiar with the transactions. Among the companies sold were GSX Techedu Inc. and Discovery Inc.\nBanks including Credit Suisse Group AG and Nomura Holdings Inc. are warning investors that they may face “significant” losses after an unnamed U.S. hedge fund client defaulted on margin calls. Goldman Sachs is telling shareholders and clients that any losses it faces from Archegos are likely to be immaterial, a person familiar with the matter said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356963884,"gmtCreate":1616749190948,"gmtModify":1704798301096,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Comment and reply please","listText":"Comment and reply please","text":"Comment and reply please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/356963884","repostId":"1197336093","repostType":4,"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":166001550,"gmtCreate":1623984915470,"gmtModify":1703825613906,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/166001550","repostId":"2144286417","repostType":4,"repost":{"id":"2144286417","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":1623970062,"share":"https://ttm.financial/m/news/2144286417?lang=&edition=fundamental","pubTime":"2021-06-18 06:47","market":"us","language":"en","title":"Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2144286417","media":"Reuters","summary":"June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d","content":"<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>","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>Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P</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\">\nNasdaq closes up on tech stocks strength, as hawkish Fed limits S&P\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\">2021-06-18 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144286417","content_text":"June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.\nThe marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.\nMany investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.\nFed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.\n\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.\nTechnology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.\nInvestors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.\nMeanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.\nThe Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.\nThe Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.\nInterest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.\nThe strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.\nOther economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.\nVolume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.\nThe S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356963884,"gmtCreate":1616749190948,"gmtModify":1704798301096,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Comment and reply please","listText":"Comment and reply please","text":"Comment and reply please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/356963884","repostId":"1197336093","repostType":4,"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169593276,"gmtCreate":1623841467195,"gmtModify":1703821050251,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/169593276","repostId":"1100499327","repostType":4,"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355133854,"gmtCreate":1617033546078,"gmtModify":1704801204812,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355133854","repostId":"1119928689","repostType":4,"repost":{"id":"1119928689","kind":"news","pubTimestamp":1617030997,"share":"https://ttm.financial/m/news/1119928689?lang=&edition=fundamental","pubTime":"2021-03-29 23:16","market":"us","language":"en","title":"SEC Says It’s Been Monitoring Archegos Fallout Since Last Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1119928689","media":"Bloomberg","summary":"The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than ","content":"<p>The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc. to ViacomCBS Inc.</p>\n<p>“We have been monitoring the situation and communicating with market participants since last week,” an SEC spokesperson said in emailed statement.</p>\n<p>Hwang’s New York-based Archegos Capital Management is at the center of a margin call that led to the forced liquidation on Friday, according to people familiar with the transactions. Among the companies sold were GSX Techedu Inc. and Discovery Inc.</p>\n<p>Banks including Credit Suisse Group AG and Nomura Holdings Inc. are warning investors that they may face “significant” losses after an unnamed U.S. hedge fund client defaulted on margin calls. Goldman Sachs is telling shareholders and clients that any losses it faces from Archegos are likely to be immaterial, a person familiar with the matter said.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Says It’s Been Monitoring Archegos Fallout Since Last Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Says It’s Been Monitoring Archegos Fallout Since Last Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 23:16 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-29/sec-says-it-s-been-monitoring-archegos-fallout-since-last-week?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119928689","content_text":"The U.S. Securities and Exchange Commission has been monitoring the forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm that has roiled stocks from Baidu Inc. to ViacomCBS Inc.\n“We have been monitoring the situation and communicating with market participants since last week,” an SEC spokesperson said in emailed statement.\nHwang’s New York-based Archegos Capital Management is at the center of a margin call that led to the forced liquidation on Friday, according to people familiar with the transactions. Among the companies sold were GSX Techedu Inc. and Discovery Inc.\nBanks including Credit Suisse Group AG and Nomura Holdings Inc. are warning investors that they may face “significant” losses after an unnamed U.S. hedge fund client defaulted on margin calls. Goldman Sachs is telling shareholders and clients that any losses it faces from Archegos are likely to be immaterial, a person familiar with the matter said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169593495,"gmtCreate":1623841481117,"gmtModify":1703821050734,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169593495","repostId":"2143795927","repostType":4,"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161846465,"gmtCreate":1623919638757,"gmtModify":1703823503489,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161846465","repostId":"1147243421","repostType":4,"repost":{"id":"1147243421","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623918768,"share":"https://ttm.financial/m/news/1147243421?lang=&edition=fundamental","pubTime":"2021-06-17 16:32","market":"us","language":"en","title":"Vaccine sector stocks gained in pre-market trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147243421","media":"Tiger Newspress","summary":"Vaccine sector stocks gained in pre-market trading.\nNovavax,Moderna and BioNTech shares were up bewt","content":"<p>Vaccine sector stocks gained in pre-market trading.</p>\n<p>Novavax,Moderna and BioNTech shares were up bewteen 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/bcf7ccd098da30e231e2f93a2600de4a\" tg-width=\"1291\" tg-height=\"641\"></p>","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>Vaccine sector stocks gained in pre-market trading.</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\">\nVaccine sector stocks gained in pre-market trading.\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\">2021-06-17 16:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Vaccine sector stocks gained in pre-market trading.</p>\n<p>Novavax,Moderna and BioNTech shares were up bewteen 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/bcf7ccd098da30e231e2f93a2600de4a\" tg-width=\"1291\" tg-height=\"641\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药","MRNA":"Moderna, Inc.","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147243421","content_text":"Vaccine sector stocks gained in pre-market trading.\nNovavax,Moderna and BioNTech shares were up bewteen 1% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169507126,"gmtCreate":1623841343865,"gmtModify":1703821045731,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169507126","repostId":"1105866425","repostType":4,"repost":{"id":"1105866425","kind":"news","pubTimestamp":1623837565,"share":"https://ttm.financial/m/news/1105866425?lang=&edition=fundamental","pubTime":"2021-06-16 17:59","market":"us","language":"en","title":"Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger","url":"https://stock-news.laohu8.com/highlight/detail?id=1105866425","media":"bloomberg","summary":"Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.But in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually ","content":"<p>Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.</p>\n<p>Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.</p>\n<p>At the end of May, the total marketcapitalizationof stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion.</p>\n<p>But in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually be protected should one of the firms not have the backing they purport to have. They also say the growing size of stablecoins has created a situation where huge amounts of U.S. dollar-equivalent coins are being exchanged without touching the U.S. banking system, potentially blinding regulators to illicit finance.</p>\n<p>“They’re dangerous to both their users and, as they grow, to the broader financial system,” said Lev Menand, an academic fellow at Columbia Law School, in testimony to a Senate Banking subcommittee last week.</p>\n<p>Administration officials have expressed concern to representatives of stablecoin issuers in recent weeks that consumers don’t understand that money held in a stablecoin isn’t protected by the Federal Deposit Insurance Corp. and that, in some cases, they could potentially lose money on a stablecoin, according to a person familiar with the matter who requested anonymity to describe confidential discussions. The person said officials are also worried that criminals could use stablecoins to transfer money without having to touch a bank, meaning that they could avoid protections meant to catch money laundering and other illicit activity.</p>\n<p>Massachusetts Democratic Senator Elizabeth Warren compared stablecoins to “wildcat notes” issued by poorly capitalized banks in the 19th century that later stuck many of their holders with large losses, speaking at a Senate Banking subcommitteehearinglast week. Warren said that if the Federal Reserve were to issue its own digital currency, consumers could get the benefits of a stablecoin without that kind of risk.</p>\n<p>The U.S. and other nations are already considering launching their own digital currencies. Those coins, known as central bank digital currencies, would be direct competitors to stablecoins. Later this year, theFederal Reserve Bank of Bostonplans to publish research and open-source code showing technology that could underpin a digital dollar. Fed Chair Jerome Powell has said lawmakers will likely need to weigh in for the project to advance and that the process could take years.</p>\n<p>Last month, in astatementon the Fed’s progress in researching a CBDC, Powell said that stablecoins could pose risks to the financial system. “As stablecoins’ use increases, so must our attention to the appropriate regulatory and oversight framework,” Powell said.</p>\n<p>Days after Powell’s statement, Fed Governor Lael Brainard in aspeechgave her own warning, saying that widening use of stablecoins could fragment the financial system, potentially raising costs for U.S. households and businesses.</p>\n<p>Brainard and other Fed officials have warned that if privately-issued stablecoins become widely used, but consumers then lose confidence in them, it could result in the kind of “run on the bank” panic that threatens financial stability.</p>\n<p>As cryptocurrency trading has exploded, so has the use of stablecoins. Right now, investors primarily use stablecoins as a place to park money on cryptocurrency exchanges without having to transfer cash back to their bank accounts. The largest by far, with a market capitalization of $62.6 billion, is Tether, which is incorporated in Hong Kong. U.S. Dollar Coin, or USDC, has a market value of $23.8 billion and was created by theCentre Consortium, a partnership between crypto payments firmCircle Internet Financial Inc.and U.S. crypto exchangeCoinbase Global Inc.</p>\n<p>Early stablecoin controversies circled aroundTether International Ltd., which originally said its coins were completely backed by cash. In February, New York’s attorney generalsaidthe company for years didn’t actually have the cash it said it did and banned Tether from trading with New York residents. Now the company says Tether’s coin is backed not just by cash, but by assets including commercial paper, corporate bonds and precious metals. The Centre Consortium says each U.S. Dollar Coin is backed by a dollar held in a bank account.</p>\n<p>“Tether embraces transparency and regulation,” said Tether General Counsel Stuart Hoegner, in a statement, noting that the company is registered as a money-services business with the Treasury Department. Hoegner said Tether doesn’t currently accept U.S. customers and is pursuing audits for past years of Tether’s reserves. “We continue to look for avenues of regulation globally and are pursuing regimes in several countries,” he said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63a81696d4533f7e6c4d6bf3f651b8bc\" tg-width=\"1000\" tg-height=\"604\" referrerpolicy=\"no-referrer\"><span>Breakdown of Tether’s Reserves</span></p>\n<p>Centre didn’t respond to a request for comment.</p>\n<p>Other than continuing work on a potential central bank digital currency and increasing what stablecoin firms have to disclose to consumers, it’s unclear what regulators can do to slow stablecoins’ rapid growth. Timothy Massad, former chairman of the Commodity Futures Trading Commission, in a Mayop-edsaid theSecurities and Exchange Commissioncould regulate stablecoins in a similar way to money-market funds, which aren’t FDIC-insured and faced stress during the 2008 financial crisis.</p>\n<p>For more:Crypto’sShadow Currency Surges Past Deposits of Most U.S. Banks</p>\n<p>One billintroducedin Congress last year would require stablecoin issuers to have a banking charter and get approval from the Fed, among other agencies, though the bill is unlikely to become law.</p>\n<p>The most immediate way that some stablecoins might come under attack is from enforcers, such as what happened with the New York attorney general, who could pursue issuers for lying to consumers, saidJosh Lipsky, director of the Atlantic Council’s GeoEconomics Center. Lipsky said stablecoin issuers could eventually work in tandem with international governments’ projects to issue their own digital currencies but that the U.S. and others will have to develop regulations to ensure consumers aren’t hurt.</p>\n<p>“The way it’s marketed is that you’re getting a dollar, but stablecoins are not always that stable,” Lipsky said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger</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\">\nCrypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 17:59 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.\nTheir focus is on so-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105866425","content_text":"Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.\nTheir focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.\nAt the end of May, the total marketcapitalizationof stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion.\nBut in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually be protected should one of the firms not have the backing they purport to have. They also say the growing size of stablecoins has created a situation where huge amounts of U.S. dollar-equivalent coins are being exchanged without touching the U.S. banking system, potentially blinding regulators to illicit finance.\n“They’re dangerous to both their users and, as they grow, to the broader financial system,” said Lev Menand, an academic fellow at Columbia Law School, in testimony to a Senate Banking subcommittee last week.\nAdministration officials have expressed concern to representatives of stablecoin issuers in recent weeks that consumers don’t understand that money held in a stablecoin isn’t protected by the Federal Deposit Insurance Corp. and that, in some cases, they could potentially lose money on a stablecoin, according to a person familiar with the matter who requested anonymity to describe confidential discussions. The person said officials are also worried that criminals could use stablecoins to transfer money without having to touch a bank, meaning that they could avoid protections meant to catch money laundering and other illicit activity.\nMassachusetts Democratic Senator Elizabeth Warren compared stablecoins to “wildcat notes” issued by poorly capitalized banks in the 19th century that later stuck many of their holders with large losses, speaking at a Senate Banking subcommitteehearinglast week. Warren said that if the Federal Reserve were to issue its own digital currency, consumers could get the benefits of a stablecoin without that kind of risk.\nThe U.S. and other nations are already considering launching their own digital currencies. Those coins, known as central bank digital currencies, would be direct competitors to stablecoins. Later this year, theFederal Reserve Bank of Bostonplans to publish research and open-source code showing technology that could underpin a digital dollar. Fed Chair Jerome Powell has said lawmakers will likely need to weigh in for the project to advance and that the process could take years.\nLast month, in astatementon the Fed’s progress in researching a CBDC, Powell said that stablecoins could pose risks to the financial system. “As stablecoins’ use increases, so must our attention to the appropriate regulatory and oversight framework,” Powell said.\nDays after Powell’s statement, Fed Governor Lael Brainard in aspeechgave her own warning, saying that widening use of stablecoins could fragment the financial system, potentially raising costs for U.S. households and businesses.\nBrainard and other Fed officials have warned that if privately-issued stablecoins become widely used, but consumers then lose confidence in them, it could result in the kind of “run on the bank” panic that threatens financial stability.\nAs cryptocurrency trading has exploded, so has the use of stablecoins. Right now, investors primarily use stablecoins as a place to park money on cryptocurrency exchanges without having to transfer cash back to their bank accounts. The largest by far, with a market capitalization of $62.6 billion, is Tether, which is incorporated in Hong Kong. U.S. Dollar Coin, or USDC, has a market value of $23.8 billion and was created by theCentre Consortium, a partnership between crypto payments firmCircle Internet Financial Inc.and U.S. crypto exchangeCoinbase Global Inc.\nEarly stablecoin controversies circled aroundTether International Ltd., which originally said its coins were completely backed by cash. In February, New York’s attorney generalsaidthe company for years didn’t actually have the cash it said it did and banned Tether from trading with New York residents. Now the company says Tether’s coin is backed not just by cash, but by assets including commercial paper, corporate bonds and precious metals. The Centre Consortium says each U.S. Dollar Coin is backed by a dollar held in a bank account.\n“Tether embraces transparency and regulation,” said Tether General Counsel Stuart Hoegner, in a statement, noting that the company is registered as a money-services business with the Treasury Department. Hoegner said Tether doesn’t currently accept U.S. customers and is pursuing audits for past years of Tether’s reserves. “We continue to look for avenues of regulation globally and are pursuing regimes in several countries,” he said.\nBreakdown of Tether’s Reserves\nCentre didn’t respond to a request for comment.\nOther than continuing work on a potential central bank digital currency and increasing what stablecoin firms have to disclose to consumers, it’s unclear what regulators can do to slow stablecoins’ rapid growth. Timothy Massad, former chairman of the Commodity Futures Trading Commission, in a Mayop-edsaid theSecurities and Exchange Commissioncould regulate stablecoins in a similar way to money-market funds, which aren’t FDIC-insured and faced stress during the 2008 financial crisis.\nFor more:Crypto’sShadow Currency Surges Past Deposits of Most U.S. Banks\nOne billintroducedin Congress last year would require stablecoin issuers to have a banking charter and get approval from the Fed, among other agencies, though the bill is unlikely to become law.\nThe most immediate way that some stablecoins might come under attack is from enforcers, such as what happened with the New York attorney general, who could pursue issuers for lying to consumers, saidJosh Lipsky, director of the Atlantic Council’s GeoEconomics Center. Lipsky said stablecoin issuers could eventually work in tandem with international governments’ projects to issue their own digital currencies but that the U.S. and others will have to develop regulations to ensure consumers aren’t hurt.\n“The way it’s marketed is that you’re getting a dollar, but stablecoins are not always that stable,” Lipsky said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169591471,"gmtCreate":1623841516393,"gmtModify":1703821051867,"author":{"id":"3573360353525121","authorId":"3573360353525121","name":"beaverknight","avatar":"https://static.tigerbbs.com/f124fbf5afbfe9aba188474f012b46b2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573360353525121","authorIdStr":"3573360353525121"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169591471","repostId":"2143279828","repostType":4,"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}