Kk66 personal page - To The Moon

Kk66

Kk66

No personal profile

12Follow

33Followers

1Topic

0Badge

2022-12-24

The days of new highs are over. We probably won't see them for at least 5-10 years. Forget about parking your money and expecting returns like the last few years. Unfortunately, recession is inevitable and it's all downhill from here. Take your profits while you can, there may be a January effect. Pick up some bargains in 2023.

2023-03-31

Crazy

Michael Burry of "Big Short" Fame Says He Was "Wrong" to Tell Investors to "Sell"

2022-11-27

Ok

CPI Inflation Will Come Down: A Look At Walmart, Amazon, Costco And Home Depot

2022-04-03

There's always someone who needs Bleach..

Want $2,000 in Passive Income? Invest $10,000 in These 3 Monster Dividend Stocks and Wait 5 Years

2023-03-28

Go

Alibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch

2023-03-10

Contagion?

10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle

2023-02-07

Good

SPY And The Powell Speech: This Doesn't Make Any Sense

2023-01-09

Ok

2022-11-12

Cypto bye

Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration

2022-05-20

$$$ 666

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4109164429314460","uuid":"4109164429314460","gmtCreate":1646373946962,"gmtModify":1648455487242,"name":"Kk66","pinyin":"kk66","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","hatId":"ca_profile_frame_Mpy1eK","hatName":"","vip":1,"status":2,"fanSize":33,"headSize":12,"tweetSize":0,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.10.24","exceedPercentage":"80.26%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.11%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.30","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.10.24","exceedPercentage":"80.75%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":4,"crmLevelSwitch":1,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":2,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":273528685093080,"gmtCreate":1707817414366,"gmtModify":1707817418453,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Fortune. Cat. Child. Let’s go!!!","listText":"Fortune. Cat. Child. Let’s go!!!","text":"Fortune. Cat. Child. Let’s go!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273528685093080","isVote":1,"tweetType":1,"viewCount":2977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941640415,"gmtCreate":1680227860038,"gmtModify":1680227863676,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Crazy","listText":"Crazy","text":"Crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941640415","repostId":"2323455677","repostType":2,"repost":{"id":"2323455677","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1680218739,"share":"https://ttm.financial/m/news/2323455677?lang=en_US&edition=fundamental","pubTime":"2023-03-31 07:25","market":"us","language":"en","title":"Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2323455677","media":"Dow Jones","summary":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book ","content":"<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"</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\">\nMichael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-31 07:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","BK4588":"碎股","SPY":"标普500ETF","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","BK4585":"ETF&股票定投概念","OEX":"标普100","BK4534":"瑞士信贷持仓","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323455677","content_text":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book \"the Big Short,\" said in a Thursday tweet that he was \"wrong\" to tell investors to sell stocks two months ago.Burry issued a one-word tweet on Jan. 31 advising his followers to \"sell.\" While he didn't elaborate, MarketWatch's Steve Goldstein noted at the time that it wasn't hard to fill in the blanks.The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.On Feb. 2, a few days after Burry's \"sell\" tweet, the S&P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index's highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008Wall Street analysts expect corporate earnings for S&P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet's John Butters.Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to \"buy the dip\" in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"SPXU":0.6,"SSO":0.6,"SDS":0.6,".SPX":0.6,"SPY":0.71,"ESmain":0.6,"OEX":0.6,"OEF":0.6,"SH":0.6,"IVV":0.6,"UPRO":0.6}},"isVote":1,"tweetType":1,"viewCount":3440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941158539,"gmtCreate":1680073050922,"gmtModify":1680073055501,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941158539","repostId":"2322254158","repostType":2,"repost":{"id":"2322254158","kind":"highlight","pubTimestamp":1680017510,"share":"https://ttm.financial/m/news/2322254158?lang=en_US&edition=fundamental","pubTime":"2023-03-28 23:31","market":"us","language":"en","title":"Got $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=2322254158","media":"Motley Fool","summary":"It's all systems go for Microsoft and Nvidia.","content":"<div>\n<p>Even in a bear market, there are opportunities. Consider the major indexes themselves. The Nasdaq Composite is up 12% year to date, while the Dow Jones Industrial Average is down 2%.The difference can...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/got-5000-2-top-growth-stocks-to-buy-that-could-dou/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money</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\">\nGot $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/28/got-5000-2-top-growth-stocks-to-buy-that-could-dou/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even in a bear market, there are opportunities. Consider the major indexes themselves. The Nasdaq Composite is up 12% year to date, while the Dow Jones Industrial Average is down 2%.The difference can...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/got-5000-2-top-growth-stocks-to-buy-that-could-dou/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2023/03/28/got-5000-2-top-growth-stocks-to-buy-that-could-dou/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322254158","content_text":"Even in a bear market, there are opportunities. Consider the major indexes themselves. The Nasdaq Composite is up 12% year to date, while the Dow Jones Industrial Average is down 2%.The difference can be even larger for investors willing to pick individual stocks. If I had $5,000 to invest today, I would look to split it evenly across two stocks I believe can double within three to five years: Nvidia and Microsoft.NvidiaIf you're an investor searching for a stock that can double, look no further than Nvidia. In fact, the company's stock has more than doubled over the last six months -- shooting up from $112 to over $270.Yet I think Nvidia has more room to run, based on a few factors:Data center growth: Organizations are still moving their data to the cloud. As they do, the data centers that run the cloud will require upgrades to the \"guts\" that make them work. And that means more sales of Nvidia's graphics processing units (GPUs). These high-performance computing devices help power data centers, and increased sales should help Nvidia regain its revenue growth, which stalled in 2022.Automotive demand surge: Similar to data center, there's growing demand to put Nvidia devices into automobiles. Vehicles increasingly rely on computing power, whether for self-driving, safety, or infotainment systems. Nvidia's devices can bring the power and speed necessary to turn vehicles into the extension of the home that consumers increasingly demand.Revenue growth returns: Nvidia's revenue flatlined as demand for gaming GPUs waned in 2022. However, analysts now see steady revenue growth on the horizon. Wall Street expects the company to grow sales by roughly 10% over the next 12 months and 24% in the following 12 months.In brief, Nvidia is positioned to capitalize on the growing need for high-powered computing. Whether it's data centers, gaming, automotive, or artificial intelligence, tomorrow's next-generation applications require immense computing power. And Nvidia is one of the few companies able to deliver that hardware at scale.MicrosoftBuying and holding shares of Microsoft has been a great way to double your money -- over and over again. Shares of the software giant are up more than 1,000% over the last decade.I think it can double again by 2028 -- even if its market cap is already a staggering $2 trillion. Here's why:Cloud computing growth: There's still plenty of juice left in the cloud computing growth cycle. While many enterprise clients have already jumped on board the cloud computing bandwagon, some research indicates the market may double by 2030. If Microsoft can simply maintain its current market share, the company will see a massive increase in its revenue and earnings.Artificial intelligence synergies: If there's one category even hotter than cloud computing, it's artificial intelligence (AI). Thankfully for Microsoft, it has already cozied up with OpenAI, the company behind ChatGPT and GPT-4. Microsoft has integrated ChatGPT features into its Bing search engine and its Office software.Fortress balance sheet: Microsoft's strong financial position makes it a safe port amid the ongoing bear market. With nearly $100 billion in cash on hand, investors can count on Microsoft to endure whatever comes next in the macroeconomic climate. What's more, the company has generated $59.6 billion in free cash flow over the last 12 months. Share repurchases have also reduced its average share count by 11% over the previous 10 years.To sum up, the company has more than enough gas left in the tank to double. Investors looking for a stock with upside -- and financial safety to boot -- should consider Microsoft.","news_type":1,"symbols_score_info":{"NVDA":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":3221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941158874,"gmtCreate":1680073008999,"gmtModify":1680073011915,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941158874","repostId":"2322264351","repostType":2,"repost":{"id":"2322264351","kind":"highlight","pubTimestamp":1680017525,"share":"https://ttm.financial/m/news/2322264351?lang=en_US&edition=fundamental","pubTime":"2023-03-28 23:32","market":"us","language":"en","title":"1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest","url":"https://stock-news.laohu8.com/highlight/detail?id=2322264351","media":"Motley Fool","summary":"Ark Investment Management and Elon Musk see eye to eye on one product opportunity.","content":"<div>\n<p>Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest</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\">\n1 Stock-Split Stock Set to Soar 705%, According to Cathie Wood's Ark Invest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"source_url":"https://www.fool.com/investing/2023/03/28/stock-split-stock-soar-cathie-woods-ark-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322264351","content_text":"Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as employees who wanted to participate in share purchase plans.In August of last year, electric vehicle powerhouse Tesla  executed a 3-for-1 split that increased the number of shares on issue threefold and shrank its stock price from $891.30 to $297.10. The stock split alone isn't a reason to buy Tesla because it hasn't changed the value of the underlying company, but the company's fundamentals certainly might be.Ark Investment Management, led by technology investor Cathie Wood, believes Tesla stock could soar to $1,533.33 by 2026 on the back of growing demand for electric vehicles, plus the rise of fully autonomous robotaxis. The latter is a key area of focus for CEO Elon Musk, too.Given Tesla stock trades around $190 as of this writing, that presents an opportunity for investors to earn a substantial return -- particularly retail investors, thanks to last year's stock split.Tesla and Ark bet big on robotaxisTesla is, first and foremost, the world's largest electric vehicle manufacturer. It delivered 1.3 million cars worldwide in 2022, and it holds a 65% market share in the U.S. alone. While the competition is growing, Tesla might just be getting warmed up because Musk believes the company can produce 20 million vehicles per year by 2030.But the EV specialist is also a leading developer of autonomous self-driving software, which is not only a financial opportunity in and of itself, but it paves the way for Tesla's ambitious plan to build a fleet of robotaxis (slated for release in 2024). On the company's recent fourth-quarter 2022 earnings call, Musk spoke generally about the potential for fully autonomous cars to create more value than anything in history.That's supported by Ark Invest's lofty predictions for the autonomous ride-hailing industry. The firm believes that any Tesla vehicle on the road with full self-driving capabilities will have the potential to generate $20,000 in revenue per year by transporting people without human assistance. Overall, Ark Invest is betting autonomous ride-hailing will create $14 trillion in value as soon as 2027, with $4 trillion in annual revenue across the industry.Remarkably, Ark Invest says using autonomous taxis could cost as little as $0.25 per mile, which means they have the potential to replace 60% of short-haul flights based on affordability. That's a big opportunity for Tesla, which has approximately 2.7 million cars on the road collecting data to feed its self-driving models right now -- 10 times more than its closest competitor.Ark Invest is extremely bullish on Tesla stockArk Invest currently runs eight exchange-traded funds (ETFs) focused on making long-term bets on different segments of the technology sector. Three of those ETFs own a combined $975 million worth of Tesla stock, and it's the firm's single largest holding by value -- value that could soar if its bold forecast becomes reality.Ark Invest put forward a 2026 price target of $1,533.33 for Tesla stock, which would represent a substantial 705% upside from where it trades today. It also means Tesla would be worth a whopping $5.3 trillion!The forecast assumes the EV maker is generating $843 billion in revenue that year, the majority of which would be coming from electric vehicle sales, and 34% from its robotaxi business. But considering Wall Street analysts expect just $103 billion in revenue in 2023, it means the company will have to more than double its revenue in each of 2024, 2025, and 2026.That's ambitious, if not unlikely. Tesla's own forecasts point to 50% annual growth in vehicle sales, suggesting revenue should increase at roughly the same rate. That's half the pace of Ark's estimate, which means its $1,533.33 price target may not be achievable by 2026.But that's not to say it isn't achievable eventually. In fact, if Tesla does produce 20 million cars per year by 2030 (as Musk predicts), combined with revenue from self-driving software and robotaxis, then there's every chance Tesla stock can soar to $1,533.33 by the end of this decade.","news_type":1,"symbols_score_info":{"TSLA":0.9,"ARKK":1}},"isVote":1,"tweetType":1,"viewCount":3142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941327953,"gmtCreate":1679998148172,"gmtModify":1679998151713,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941327953","repostId":"1174882953","repostType":2,"repost":{"id":"1174882953","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":1679996973,"share":"https://ttm.financial/m/news/1174882953?lang=en_US&edition=fundamental","pubTime":"2023-03-28 17:49","market":"us","language":"en","title":"Hot Chinese ADRs Gained in Premarket Trading, With Alibaba Jumping over 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1174882953","media":"Tiger Newspress","summary":"Hot Chinese ADRs gained in premarket trading, with Alibaba jumping over 6%. Alibaba Group Holding Lt","content":"<html><head></head><body><p>Hot Chinese ADRs gained in premarket trading, with Alibaba jumping over 6%. Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right, according to Bloomberg news.</p><p>Other hot Chinese ADRs also gained the momentum. XPeng rose over 4%; Li Auto rose over 3%; Baidu, JD.com, Nio rose over 2%.<img src=\"https://static.tigerbbs.com/d657cdab77cf42e2ee30bce0b4acf7c8\" tg-width=\"473\" tg-height=\"707\" width=\"100%\" height=\"auto\"/>Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.</p><p>“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Gained in Premarket Trading, With Alibaba Jumping over 6%</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\">\nHot Chinese ADRs Gained in Premarket Trading, With Alibaba Jumping over 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-28 17:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs gained in premarket trading, with Alibaba jumping over 6%. Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right, according to Bloomberg news.</p><p>Other hot Chinese ADRs also gained the momentum. XPeng rose over 4%; Li Auto rose over 3%; Baidu, JD.com, Nio rose over 2%.<img src=\"https://static.tigerbbs.com/d657cdab77cf42e2ee30bce0b4acf7c8\" tg-width=\"473\" tg-height=\"707\" width=\"100%\" height=\"auto\"/>Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.</p><p>“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","BABA":"阿里巴巴","PDD":"拼多多","NIO":"蔚来","LI":"理想汽车","JD":"京东","BIDU":"百度"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174882953","content_text":"Hot Chinese ADRs gained in premarket trading, with Alibaba jumping over 6%. Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right, according to Bloomberg news.Other hot Chinese ADRs also gained the momentum. XPeng rose over 4%; Li Auto rose over 3%; Baidu, JD.com, Nio rose over 2%.Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.","news_type":1,"symbols_score_info":{"BIDU":0.9,"LI":0.9,"JD":0.9,"XPEV":0.9,"PDD":0.9,"NIO":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941326619,"gmtCreate":1679995967132,"gmtModify":1679995970532,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941326619","repostId":"1173142444","repostType":2,"repost":{"id":"1173142444","kind":"news","pubTimestamp":1679994145,"share":"https://ttm.financial/m/news/1173142444?lang=en_US&edition=fundamental","pubTime":"2023-03-28 17:02","market":"us","language":"en","title":"Alibaba Splits Into Six Units That May Pursue Individual IPOs","url":"https://stock-news.laohu8.com/highlight/detail?id=1173142444","media":"Bloomberg","summary":"Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing","content":"<div>\n<p>Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos\">Source Link</a>\n\n</div>\n","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>Alibaba Splits Into Six Units That May Pursue Individual IPOs</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 Splits Into Six Units That May Pursue Individual IPOs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos\">Source 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"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173142444","content_text":"Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings when the time is right.Group Chief Executive Officer Daniel Zhang will head up the cloud intelligence division, a nod to the growing role that AI will play in the e-commerce leader’s portfolio in the long run. Former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment.“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.Alibaba gains over 6% in premarket trading.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":3051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941326127,"gmtCreate":1679995910157,"gmtModify":1679995914734,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9941326127","repostId":"2322578232","repostType":2,"repost":{"id":"2322578232","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679995192,"share":"https://ttm.financial/m/news/2322578232?lang=en_US&edition=fundamental","pubTime":"2023-03-28 17:19","market":"us","language":"en","title":"Alibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2322578232","media":"Dow Jones","summary":"Stock futures rose Tuesday and the S&P 500 closed higher for the third consecutive session on Monday","content":"<html><head></head><body><p>Stock futures rose Tuesday and the S&amp;P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.</p><p>These stocks were poised to make moves Tuesday:</p><p><b>Alibaba (BABA) </b>shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.</p><p>U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again.<b> Silvergate Capital (SI)</b> rose 8.1%; <b>First Republic Bank (FRC) </b>rose 3%; <b>PacWest Bancorp (PACW)</b> and <b>Western Alliance Bancorp (WAL)</b> rose 1%.</p><p><b>Lyft (LYFT) </b>shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.</p><p>Warren Buffett&#39;s Berkshire Hathaway Inc boosted its ownership stake in <b>Occidental Petroleum Corp (OXY)</b> to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.</p><p><b>PVH (PVH)</b>, the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.</p><p>Shares of crypto exchange <b>Coinbase Global (COIN)</b> fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.</p><p><b>Virgin Orbit (VORB)</b> dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a &#34; company-wide operating pause&#34; on March 16 to preserve cash while looking for funding sources and strategic partners.</p><p><b>First Citizens Bancshares (FCNCA)</b> fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank&#39;s business two weeks after its collapse triggered panic throughout the financial sector.</p><p>Earnings are expected before Wall Street opens on Tuesday from <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA)</b>, while <b>Micron Technology (MU)</b> and <b>Lululemon Athletica (LULU)</b> will report after stock markets close.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-28 17:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock futures rose Tuesday and the S&amp;P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.</p><p>These stocks were poised to make moves Tuesday:</p><p><b>Alibaba (BABA) </b>shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.</p><p>U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again.<b> Silvergate Capital (SI)</b> rose 8.1%; <b>First Republic Bank (FRC) </b>rose 3%; <b>PacWest Bancorp (PACW)</b> and <b>Western Alliance Bancorp (WAL)</b> rose 1%.</p><p><b>Lyft (LYFT) </b>shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.</p><p>Warren Buffett&#39;s Berkshire Hathaway Inc boosted its ownership stake in <b>Occidental Petroleum Corp (OXY)</b> to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.</p><p><b>PVH (PVH)</b>, the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.</p><p>Shares of crypto exchange <b>Coinbase Global (COIN)</b> fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.</p><p><b>Virgin Orbit (VORB)</b> dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a &#34; company-wide operating pause&#34; on March 16 to preserve cash while looking for funding sources and strategic partners.</p><p><b>First Citizens Bancshares (FCNCA)</b> fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank&#39;s business two weeks after its collapse triggered panic throughout the financial sector.</p><p>Earnings are expected before Wall Street opens on Tuesday from <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA)</b>, while <b>Micron Technology (MU)</b> and <b>Lululemon Athletica (LULU)</b> will report after stock markets close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","COIN":"Coinbase Global, Inc.","BK4575":"芯片概念","BK4566":"资本集团","BK4022":"陆运","WBA":"沃尔格林联合博姿","BK4535":"淡马锡持仓","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","OXY":"西方石油","BK4504":"桥水持仓","FCNCA":"第一公民银行股份","BK4579":"人工智能","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4588":"碎股","BK4112":"金融交易所和数据","MU":"美光科技","BK4202":"服装、服饰与奢侈品","BK4548":"巴美列捷福持仓","BK4128":"药品零售","PACW":"西太平洋合众银行","PVH":"PVH Corp","BK4551":"寇图资本持仓","BK4211":"区域性银行","LULU":"lululemon athletica",".SPX":"S&P 500 Index","BABA":"阿里巴巴","BK4539":"次新股","WAL":"阿莱恩斯西部银行",".IXIC":"NASDAQ Composite","BK4554":"元宇宙及AR概念","BK4187":"航天航空与国防","BK4532":"文艺复兴科技持仓","BK4512":"苹果概念","BK4527":"明星科技股","BK4553":"喜马拉雅资本持仓","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD",".DJI":"道琼斯","BK4585":"ETF&股票定投概念","SI":"Shoulder Innovations, Inc.","BK4141":"半导体产品","VORB":"维珍轨道","LU2286300806.USD":"Allianz Cyber Security AT Acc USD"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322578232","content_text":"Stock futures rose Tuesday and the S&P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.These stocks were poised to make moves Tuesday:Alibaba (BABA) shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again. Silvergate Capital (SI) rose 8.1%; First Republic Bank (FRC) rose 3%; PacWest Bancorp (PACW) and Western Alliance Bancorp (WAL) rose 1%.Lyft (LYFT) shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.Warren Buffett's Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp (OXY) to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.PVH (PVH), the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.Shares of crypto exchange Coinbase Global (COIN) fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.Virgin Orbit (VORB) dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a \" company-wide operating pause\" on March 16 to preserve cash while looking for funding sources and strategic partners.First Citizens Bancshares (FCNCA) fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank's business two weeks after its collapse triggered panic throughout the financial sector.Earnings are expected before Wall Street opens on Tuesday from Walgreens Boots Alliance (WBA), while Micron Technology (MU) and Lululemon Athletica (LULU) will report after stock markets close.","news_type":1,"symbols_score_info":{"MU":1,".IXIC":0.9,"FCNCA":0.9,"LULU":1,"PACW":0.9,".SPX":0.9,"OXY":0.9,"FRC":0.9,"LYFT":1,"SI":0.9,"BABA":0.9,"COIN":1,"PVH":1,".DJI":0.9,"VORB":0.9,"WAL":0.9,"WBA":1}},"isVote":1,"tweetType":1,"viewCount":3997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949191347,"gmtCreate":1678412333490,"gmtModify":1678412335431,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Contagion?","listText":"Contagion?","text":"Contagion?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949191347","repostId":"2318486822","repostType":4,"repost":{"id":"2318486822","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":1678401760,"share":"https://ttm.financial/m/news/2318486822?lang=en_US&edition=fundamental","pubTime":"2023-03-10 06:42","market":"us","language":"en","title":"Wall St Falls on Bank Stocks Tumble, Jobs Report Jitters","url":"https://stock-news.laohu8.com/highlight/detail?id=2318486822","media":"Reuters","summary":"* Investors eye await Friday's jobs report* Bank stocks tumble after SVB announces share sale* Gener","content":"<html><head></head><body><p>* Investors eye await Friday&#39;s jobs report</p><p>* Bank stocks tumble after SVB announces share sale</p><p>* General Electric rises after reiterating forecast</p><p>* Indexes down: Dow 1.85%, S&amp;P 1.66%, Nasdaq 2.05%</p><p><img src=\"https://static.tigerbbs.com/355cee9ca35897c517870589a69b5a58\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>March 9 (Reuters) - Wall Street&#39;s three major stock indexes closed lower on Thursday, with bank stocks creating the biggest drag while investors also worried that Friday&#39;s jobs report could spur more aggressive interest rate hikes from the Federal Reserve.</p><p>The S&amp;P 500&#39;s bank index finished down 6.6% after hitting its lowest level since mid-October. Investors fled the sector after tech-industry lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> launched a share sale to shore up its balance sheet due to declining deposits from startups struggling for funding.</p><p>The Nasadaq ended down more than 2% while the benchmark S&amp;P 500 and the Dow lost close to 2%.</p><p>Investors were also stressing out before Friday&#39;s U.S. non-farm payrolls report for February with expectations for large wage increases fueling inflation worries. Fed Chair Jerome Powell this week exacerbated concerns about upcoming interest rate hikes aimed at fighting stubbornly high inflation.</p><p>Traders were betting that chances of a 50-basis-point rate hike at the Fed&#39;s March meeting were around 60%, according to CME Group&#39;s FedWatch tool, up sharply from a probability of 31% before Powell&#39;s Tuesday and Wednesday appearances in Congress.</p><p>&#34;There&#39;s a lot of anticipation around tomorrow&#39;s jobs report. We&#39;re going to get a slew of data in the next week and a half,&#34; said Mona Mahajan, Senior Investment Strategist, Edward Jones, New York, also citing inflation and retail sales reports all due out before the next Fed meeting which ends March 22.</p><p>Earlier on Thursday, Labor Department data showed initial claims for state unemployment benefits rose 21,000 to a seasonally adjusted 211,000 for the week ended March 4, compared with economist forecasts for 195,000 claims.</p><p>While last week&#39;s increased jobless claims may be &#34;the first sign the labor market may be showing signs of loosening,&#34; Mahajan wants to see &#34;more data points to establish a trend.&#34;</p><p>The February non-farm payrolls report is expected to show a payrolls increase of 205,000 after January&#39;s blowout 517,000 figure, which had already led markets to brace for a bigger U.S. rate hike.</p><p>Any proof last month&#39;s &#34;gigantic payrolls number wasn&#39;t an anomaly&#34; would serve to &#34;reinforce the market&#39;s anxieties around the Fed&#39;s response to it,&#34; said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.</p><p>And with February wage increases expected to rise 4.7% compared with January&#39;s 4.4%, &#34;it feels like its ticking in the wrong direction even if we just meet expectations,&#34; said Mahajan who will be closely watching the wage data.</p><p>The Dow Jones Industrial Average fell 543.54 points, or 1.66%, to 32,254.86, the S&amp;P 500 lost 73.69 points, or 1.85%, to 3,918.32 and the Nasdaq Composite dropped 237.65 points, or 2.05%, to 11,338.36.</p><p>The biggest drag on the S&amp;P 500 came from the financial sector followed by information technology.</p><p>The financials index ended the day down 4%, its deepest one-day percentage loss since June 2020. The S&amp;P bank sub-sector turned negative for the year-to-date on Thursday, last down 4.7% so far for 2023. Thursday was its first full day trading below its 200-day moving average since Jan. 5.</p><p>All the S&amp;P&#39;s 11 major industry sectors ended the session lower. Utilities, down 0.8% was the smallest decliner. Consumer staples was the next smallest, down 0.95%, with healthcare down 1%.</p><p>With investors already concerned that the Fed could over-tighten and cause a recession and hurt bank lending demand, &#34;there&#39;s an element of &#39;sell-first ask questions later&#39; with regard to contagion risk,&#34; from SVB Financial for banks said Luschini at Janney Montgomery Scott.</p><p>SVB closed down 60% at $106.04 after falling at one point by around 63% and hitting its lowest level since August 2016 after the lender slashed its 2023 outlook and launched a share sale to shore up its balance sheet.</p><p>Also weighing on the sub-index was <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which tumbled 12% to $90.76 after its crypto-bank peer <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp disclosed plans to voluntarily liquidate. Silvergate closed down 42% to $2.84.</p><p>On the bright side, General Electric Co closed up more than 5% after the industrial conglomerate reiterated its 2023 earnings forecast.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.12-to-1 ratio; on Nasdaq, a 3.83-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 58 new highs and 289 new lows.</p><p>On U.S exchanges 11.69 billion shares changed hands compared with the 10.95 billion average for the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Falls on Bank Stocks Tumble, Jobs Report Jitters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Falls on Bank Stocks Tumble, Jobs Report Jitters\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-10 06:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Investors eye await Friday&#39;s jobs report</p><p>* Bank stocks tumble after SVB announces share sale</p><p>* General Electric rises after reiterating forecast</p><p>* Indexes down: Dow 1.85%, S&amp;P 1.66%, Nasdaq 2.05%</p><p><img src=\"https://static.tigerbbs.com/355cee9ca35897c517870589a69b5a58\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>March 9 (Reuters) - Wall Street&#39;s three major stock indexes closed lower on Thursday, with bank stocks creating the biggest drag while investors also worried that Friday&#39;s jobs report could spur more aggressive interest rate hikes from the Federal Reserve.</p><p>The S&amp;P 500&#39;s bank index finished down 6.6% after hitting its lowest level since mid-October. Investors fled the sector after tech-industry lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> launched a share sale to shore up its balance sheet due to declining deposits from startups struggling for funding.</p><p>The Nasadaq ended down more than 2% while the benchmark S&amp;P 500 and the Dow lost close to 2%.</p><p>Investors were also stressing out before Friday&#39;s U.S. non-farm payrolls report for February with expectations for large wage increases fueling inflation worries. Fed Chair Jerome Powell this week exacerbated concerns about upcoming interest rate hikes aimed at fighting stubbornly high inflation.</p><p>Traders were betting that chances of a 50-basis-point rate hike at the Fed&#39;s March meeting were around 60%, according to CME Group&#39;s FedWatch tool, up sharply from a probability of 31% before Powell&#39;s Tuesday and Wednesday appearances in Congress.</p><p>&#34;There&#39;s a lot of anticipation around tomorrow&#39;s jobs report. We&#39;re going to get a slew of data in the next week and a half,&#34; said Mona Mahajan, Senior Investment Strategist, Edward Jones, New York, also citing inflation and retail sales reports all due out before the next Fed meeting which ends March 22.</p><p>Earlier on Thursday, Labor Department data showed initial claims for state unemployment benefits rose 21,000 to a seasonally adjusted 211,000 for the week ended March 4, compared with economist forecasts for 195,000 claims.</p><p>While last week&#39;s increased jobless claims may be &#34;the first sign the labor market may be showing signs of loosening,&#34; Mahajan wants to see &#34;more data points to establish a trend.&#34;</p><p>The February non-farm payrolls report is expected to show a payrolls increase of 205,000 after January&#39;s blowout 517,000 figure, which had already led markets to brace for a bigger U.S. rate hike.</p><p>Any proof last month&#39;s &#34;gigantic payrolls number wasn&#39;t an anomaly&#34; would serve to &#34;reinforce the market&#39;s anxieties around the Fed&#39;s response to it,&#34; said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.</p><p>And with February wage increases expected to rise 4.7% compared with January&#39;s 4.4%, &#34;it feels like its ticking in the wrong direction even if we just meet expectations,&#34; said Mahajan who will be closely watching the wage data.</p><p>The Dow Jones Industrial Average fell 543.54 points, or 1.66%, to 32,254.86, the S&amp;P 500 lost 73.69 points, or 1.85%, to 3,918.32 and the Nasdaq Composite dropped 237.65 points, or 2.05%, to 11,338.36.</p><p>The biggest drag on the S&amp;P 500 came from the financial sector followed by information technology.</p><p>The financials index ended the day down 4%, its deepest one-day percentage loss since June 2020. The S&amp;P bank sub-sector turned negative for the year-to-date on Thursday, last down 4.7% so far for 2023. Thursday was its first full day trading below its 200-day moving average since Jan. 5.</p><p>All the S&amp;P&#39;s 11 major industry sectors ended the session lower. Utilities, down 0.8% was the smallest decliner. Consumer staples was the next smallest, down 0.95%, with healthcare down 1%.</p><p>With investors already concerned that the Fed could over-tighten and cause a recession and hurt bank lending demand, &#34;there&#39;s an element of &#39;sell-first ask questions later&#39; with regard to contagion risk,&#34; from SVB Financial for banks said Luschini at Janney Montgomery Scott.</p><p>SVB closed down 60% at $106.04 after falling at one point by around 63% and hitting its lowest level since August 2016 after the lender slashed its 2023 outlook and launched a share sale to shore up its balance sheet.</p><p>Also weighing on the sub-index was <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which tumbled 12% to $90.76 after its crypto-bank peer <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp disclosed plans to voluntarily liquidate. Silvergate closed down 42% to $2.84.</p><p>On the bright side, General Electric Co closed up more than 5% after the industrial conglomerate reiterated its 2023 earnings forecast.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.12-to-1 ratio; on Nasdaq, a 3.83-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 58 new highs and 289 new lows.</p><p>On U.S exchanges 11.69 billion shares changed hands compared with the 10.95 billion average for the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SDS":"两倍做空标普500 ETF-ProShares","BK4211":"区域性银行",".IXIC":"NASDAQ Composite","OEX":"标普100","GE":"GE航空航天","BK4581":"高盛持仓",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","COMP":"Compass, Inc.","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","SPY":"标普500ETF","SH":"做空标普500-Proshares","BK4504":"桥水持仓",".DJI":"道琼斯","BK4559":"巴菲特持仓","IVV":"标普500ETF-iShares","BK4588":"碎股","OEF":"标普100指数ETF-iShares","BK4550":"红杉资本持仓","LU1861217088.USD":"贝莱德金融科技A2","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318486822","content_text":"* Investors eye await Friday's jobs report* Bank stocks tumble after SVB announces share sale* General Electric rises after reiterating forecast* Indexes down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05%March 9 (Reuters) - Wall Street's three major stock indexes closed lower on Thursday, with bank stocks creating the biggest drag while investors also worried that Friday's jobs report could spur more aggressive interest rate hikes from the Federal Reserve.The S&P 500's bank index finished down 6.6% after hitting its lowest level since mid-October. Investors fled the sector after tech-industry lender SVB Financial Group launched a share sale to shore up its balance sheet due to declining deposits from startups struggling for funding.The Nasadaq ended down more than 2% while the benchmark S&P 500 and the Dow lost close to 2%.Investors were also stressing out before Friday's U.S. non-farm payrolls report for February with expectations for large wage increases fueling inflation worries. Fed Chair Jerome Powell this week exacerbated concerns about upcoming interest rate hikes aimed at fighting stubbornly high inflation.Traders were betting that chances of a 50-basis-point rate hike at the Fed's March meeting were around 60%, according to CME Group's FedWatch tool, up sharply from a probability of 31% before Powell's Tuesday and Wednesday appearances in Congress.\"There's a lot of anticipation around tomorrow's jobs report. We're going to get a slew of data in the next week and a half,\" said Mona Mahajan, Senior Investment Strategist, Edward Jones, New York, also citing inflation and retail sales reports all due out before the next Fed meeting which ends March 22.Earlier on Thursday, Labor Department data showed initial claims for state unemployment benefits rose 21,000 to a seasonally adjusted 211,000 for the week ended March 4, compared with economist forecasts for 195,000 claims.While last week's increased jobless claims may be \"the first sign the labor market may be showing signs of loosening,\" Mahajan wants to see \"more data points to establish a trend.\"The February non-farm payrolls report is expected to show a payrolls increase of 205,000 after January's blowout 517,000 figure, which had already led markets to brace for a bigger U.S. rate hike.Any proof last month's \"gigantic payrolls number wasn't an anomaly\" would serve to \"reinforce the market's anxieties around the Fed's response to it,\" said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.And with February wage increases expected to rise 4.7% compared with January's 4.4%, \"it feels like its ticking in the wrong direction even if we just meet expectations,\" said Mahajan who will be closely watching the wage data.The Dow Jones Industrial Average fell 543.54 points, or 1.66%, to 32,254.86, the S&P 500 lost 73.69 points, or 1.85%, to 3,918.32 and the Nasdaq Composite dropped 237.65 points, or 2.05%, to 11,338.36.The biggest drag on the S&P 500 came from the financial sector followed by information technology.The financials index ended the day down 4%, its deepest one-day percentage loss since June 2020. The S&P bank sub-sector turned negative for the year-to-date on Thursday, last down 4.7% so far for 2023. Thursday was its first full day trading below its 200-day moving average since Jan. 5.All the S&P's 11 major industry sectors ended the session lower. Utilities, down 0.8% was the smallest decliner. Consumer staples was the next smallest, down 0.95%, with healthcare down 1%.With investors already concerned that the Fed could over-tighten and cause a recession and hurt bank lending demand, \"there's an element of 'sell-first ask questions later' with regard to contagion risk,\" from SVB Financial for banks said Luschini at Janney Montgomery Scott.SVB closed down 60% at $106.04 after falling at one point by around 63% and hitting its lowest level since August 2016 after the lender slashed its 2023 outlook and launched a share sale to shore up its balance sheet.Also weighing on the sub-index was Signature Bank, which tumbled 12% to $90.76 after its crypto-bank peer Silvergate Capital Corp disclosed plans to voluntarily liquidate. Silvergate closed down 42% to $2.84.On the bright side, General Electric Co closed up more than 5% after the industrial conglomerate reiterated its 2023 earnings forecast.Declining issues outnumbered advancing ones on the NYSE by a 5.12-to-1 ratio; on Nasdaq, a 3.83-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 58 new highs and 289 new lows.On U.S exchanges 11.69 billion shares changed hands compared with the 10.95 billion average for the last 20 sessions.","news_type":1,"symbols_score_info":{"COMP":0.9,"SSO":0.6,"IVV":0.6,"SPY":0.9,"UPRO":0.6,"OEX":0.6,"SIVBP":0.9,"ESmain":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,".DJI":0.9,"SIVB":0.9,"OEF":0.6,".IXIC":0.9,".SPX":0.6,"GE":0.9}},"isVote":1,"tweetType":1,"viewCount":3806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949193598,"gmtCreate":1678412028415,"gmtModify":1678412031897,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Contagion?","listText":"Contagion?","text":"Contagion?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949193598","repostId":"2318144672","repostType":2,"repost":{"id":"2318144672","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678405175,"share":"https://ttm.financial/m/news/2318144672?lang=en_US&edition=fundamental","pubTime":"2023-03-10 07:39","market":"us","language":"en","title":"10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle","url":"https://stock-news.laohu8.com/highlight/detail?id=2318144672","media":"Dow Jones","summary":"Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a diluti","content":"<html><head></head><body><p>Silicon Valley Bank wasn&#39;t well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f5e8ba412e8cbf1ba4fa5109b40f669\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.</span></p><p>As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.</p><p>Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.</p><p>On March 8, <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.</p><p>The bank said it was repositioning to &#34;increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin <a href=\"https://laohu8.com/S/NIM\">$(NIM)$</a>, and enhance profitability.&#34;</p><p>In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders&#39; ownership positions resulted in the company&#39;s shares sliding as much as 62% on March 9.</p><p>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.</p><p>See Tomi Kilgore&#39;s coverage for more details on SVB&#39;s offerings, the securities sale and reaction.</p><h2>Red margin flags</h2><p>Before SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn&#39;t well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.</p><p>A bank&#39;s net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here&#39;s how the NIM moved for SVB Financial over the past year:</p><p><img src=\"https://static.tigerbbs.com/d98943297b9bd5d67486342b1fd3756e\" tg-width=\"934\" tg-height=\"206\" width=\"100%\" height=\"auto\"/></p><p>SVB&#39;s net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.</p><p>So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?</p><p>Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.</p><p>A uniform set of net interest margins for the past five quarters isn&#39;t available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.</p><p>By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.</p><p>Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:</p><p><img src=\"https://static.tigerbbs.com/3100df6ee948e46a01606312ff8c7fcd\" tg-width=\"998\" tg-height=\"817\" width=\"100%\" height=\"auto\"/></p><p>SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.</p><h2>Most margin improvement</h2><p>To end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:</p><p><img src=\"https://static.tigerbbs.com/ca6f326e40edb3a68736ec79fd442099\" tg-width=\"999\" tg-height=\"819\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle</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\">\n10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-10 07:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Silicon Valley Bank wasn&#39;t well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f5e8ba412e8cbf1ba4fa5109b40f669\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.</span></p><p>As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.</p><p>Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.</p><p>On March 8, <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.</p><p>The bank said it was repositioning to &#34;increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin <a href=\"https://laohu8.com/S/NIM\">$(NIM)$</a>, and enhance profitability.&#34;</p><p>In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders&#39; ownership positions resulted in the company&#39;s shares sliding as much as 62% on March 9.</p><p>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.</p><p>See Tomi Kilgore&#39;s coverage for more details on SVB&#39;s offerings, the securities sale and reaction.</p><h2>Red margin flags</h2><p>Before SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn&#39;t well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.</p><p>A bank&#39;s net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here&#39;s how the NIM moved for SVB Financial over the past year:</p><p><img src=\"https://static.tigerbbs.com/d98943297b9bd5d67486342b1fd3756e\" tg-width=\"934\" tg-height=\"206\" width=\"100%\" height=\"auto\"/></p><p>SVB&#39;s net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.</p><p>So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?</p><p>Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.</p><p>A uniform set of net interest margins for the past five quarters isn&#39;t available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.</p><p>By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.</p><p>Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:</p><p><img src=\"https://static.tigerbbs.com/3100df6ee948e46a01606312ff8c7fcd\" tg-width=\"998\" tg-height=\"817\" width=\"100%\" height=\"auto\"/></p><p>SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.</p><h2>Most margin improvement</h2><p>To end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:</p><p><img src=\"https://static.tigerbbs.com/ca6f326e40edb3a68736ec79fd442099\" tg-width=\"999\" tg-height=\"819\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","BK4588":"碎股","ALLY":"Ally Financial Inc.","LU1861217088.USD":"贝莱德金融科技A2","BK4585":"ETF&股票定投概念","BK4561":"索罗斯持仓","BK4548":"巴美列捷福持仓","BK4195":"互助储蓄与抵押信贷金融服务","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CMA":"联信银行","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","CUBI":"Customers Bancorp Inc.","BK4166":"消费信贷","GS":"高盛","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318144672","content_text":"Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.On March 8, SVB Financial Group (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.The bank said it was repositioning to \"increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin $(NIM)$, and enhance profitability.\"In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders' ownership positions resulted in the company's shares sliding as much as 62% on March 9.The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.See Tomi Kilgore's coverage for more details on SVB's offerings, the securities sale and reaction.Red margin flagsBefore SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn't well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.A bank's net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here's how the NIM moved for SVB Financial over the past year:SVB's net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.A uniform set of net interest margins for the past five quarters isn't available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.Most margin improvementTo end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:","news_type":1,"symbols_score_info":{"GS":0.9,"FRC":0.9,"SIVB":1,"ALLY":0.9,"NYCB":0.9,"CMA":0.9,"CUBI":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":4016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957833870,"gmtCreate":1677144751791,"gmtModify":1677144755551,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957833870","repostId":"9957897592","repostType":1,"repost":{"id":9957897592,"gmtCreate":1677143341017,"gmtModify":1677143412718,"author":{"id":"3583230105554843","authorId":"3583230105554843","name":"Keeley","avatar":"https://community-static.tradeup.com/news/c720283f6ce0951b275b726005d199ad","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583230105554843","authorIdStr":"3583230105554843"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$&nbsp;</a><v-v data-views=\"0\"></v-v>#AMZN Price penetrate the bullish POI at 98.09 deeper. On the lower timeframe, it doesn't seem that price has the strength to push higher from here. I'm expecting price to continue lower, following the bearish order flow. Headline news: Marvell Technology Picks Amazon Web Services As Cloud Provider for Electronic Design Automation https://www.tradingview.com/chart/AMZN/qtiEhGpM-AMZN-Analysis/","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$&nbsp;</a><v-v data-views=\"0\"></v-v>#AMZN Price penetrate the bullish POI at 98.09 deeper. On the lower timeframe, it doesn't seem that price has the strength to push higher from here. I'm expecting price to continue lower, following the bearish order flow. Headline news: Marvell Technology Picks Amazon Web Services As Cloud Provider for Electronic Design Automation https://www.tradingview.com/chart/AMZN/qtiEhGpM-AMZN-Analysis/","text":"$Amazon.com(AMZN)$ #AMZN Price penetrate the bullish POI at 98.09 deeper. On the lower timeframe, it doesn't seem that price has the strength to push higher from here. I'm expecting price to continue lower, following the bearish order flow. Headline news: Marvell Technology Picks Amazon Web Services As Cloud Provider for Electronic Design Automation https://www.tradingview.com/chart/AMZN/qtiEhGpM-AMZN-Analysis/","images":[{"img":"https://community-static.tradeup.com/news/21e2f7dc1cca831954243b83c519a2b7","width":"720","height":"1436"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957897592","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955730768,"gmtCreate":1675746140854,"gmtModify":1675746145137,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955730768","repostId":"1193345753","repostType":4,"repost":{"id":"1193345753","kind":"news","pubTimestamp":1675751212,"share":"https://ttm.financial/m/news/1193345753?lang=en_US&edition=fundamental","pubTime":"2023-02-07 14:26","market":"us","language":"en","title":"SPY And The Powell Speech: This Doesn't Make Any Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=1193345753","media":"Seeking Alpha","summary":"SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last tim","content":"<div>\n<p>SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case'...</p>\n\n<a href=\"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","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>SPY And The Powell Speech: This Doesn't Make Any Sense</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\">\nSPY And The Powell Speech: This Doesn't Make Any Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-07 14:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case'...</p>\n\n<a href=\"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193345753","content_text":"SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case' in my view.In my opinion, the bond market doesn't believe in Powell's optimism.The outlook for SPY stays unchanged.Kevin Dietsch/Getty Images NewsIntroductionFollowing an expected 0.25% rate hike, Jerome Powell gave a standard speech that didn't seem to shock market participants. The Fed's chairman basically repeated his thesis from the previous press conference with slight adjustments to the currentsituation. So almost no pivot mood whatsoever.Powell wanted to be a hawk, but frankly, it doesn't actually seem to matter anymore. It doesn't look like the market believes in longer-term high rates from the Fed.Key takeaways:If the economy performs broadly in line with those expectations, it will not be appropriate to cut rates this yearIt would be very premature to declare victory or to think that we've really got thisWe can now say, for the first time that the disinflationary process has startedIt's important that the markets do reflect the tighteningthat we're putting in placeIt would be very premature to declare victory2% nonsensePowell also stated: \"My base case is that the economy can return to 2 percent inflationwithout a really significant downturnor a really big increase in unemployment.\" I just wonder how that would work out. In my opinion, the Fed has only two options: shatter the economy with even more restrictive policies, or watch the economy slow down with current policies. Both options lead to a recession. The only difference is how much consumer demand will fall and how much the rate will have to be cut in the future. The Fed will simply not go for softening right now without signals that it is not only preferred but necessary in my view. They started this cycle of hawkishness partly because of the arguable drop in confidence in the Fed a year earlier. And now, if they abandon this rhetoric, it may well destroy the credibility of the Fed.No one will argue with the fact that a recession will help destroy inflation, which is replaced by deflation. But Powell wants the economy to expand and inflation to fall. Moreover, he \"is seeing progress in bringing down inflation without weakening of labor conditions.\" The problem is that inflation is still growing at a pretty rapid pace. Why? Because of the labor market strength, which seems to be the only reason for economic acceleration right now.PCE Index (MoM) (Investing)And why is the labor market so strong if the Fed keeps hitting the economy with a sledgehammer? Because historically it needed time to cool down after the monetary tightening. And as soon as high interest rates begin to affect the labor market, it will likely crumble because we have the weakest consumer in 2 decades.TradingeconomicsAnother elephant in the room: the economy is already showing worrisome signs. Purchasing Managers' Index (both Manufacturing and Services) shows the contraction of business activity in the US.Data by YChartsAt the same time, existing home sales are down 32% YoY.Data by YChartsSo, to be clear: we are not in a recession yet because the labor market is strong and the wages keep growing, which keeps the demand high. However, as the economy feels more pressure from high interest rates, there will be less and less jobs being added. This will make a very, very weak consumer stop spending and start saving, which will trigger a massive fall in demand.Fed Funds Effective Rate (blue line) Vs Unemployment rate (red line) (FRED)Thus, it is unclear to me how a 2% inflation without a substantial economic downturn is a 'base case'.The debt market agreesDon't believe me, let the market speak for itself. We are now facing the deepest inversion in 43 years. That reflects the depth of the recession that traders expect and the certainty that it will happen.Data by YChartsThere is still a huge demand for bonds at the far end of the curve (10+ years) as investors rush to lock in good returns as they probably expect they won't be able to get them anywhere else due to the recession. Thus, the outflow from short-term bonds to long-term bonds continues. Would such behavior be appropriate if a recession were not the baseline scenario over the year's horizon? Of course not. The one not talking about it right now is the Fed though. So who is right: Powell, who marked inflation as 'transitory' in 2021, or thousands of institutional investors that were right almost every single time for the last 50 years?Market reactionAs usual, Powell's performance gave the markets an impulse, most likely due to the covering of short positions.Data by YChartsThe most interesting thing is that the expectations of market participants have shifted towards easing monetary policy by the end of the year, although the chairman of the Fed did not give any signals for this, except for the statement about the \"early stages of disinflation\". I recommend not using the FedWatch Tool meeting probabilities data to predict year-end rates though, as these expectations are based on Fed Funds futures, which are highly volatile and do not provide a complete picture of what is happening.FedWatch tool3 reasons to sell SPY right nowMoving on to the outlook forNYSEARCA:SPY, it actually hasn't changed much after the FOMC meeting. I believe that $410-$420 is a great time to take profits for the following reasons:66% (332) of stocks in SPY ETF are trading above the 200-day average, which normally could be treated as a bullish sign if we had a positive sentiment. Selling at the local highs of this indicator would've be a good decision during 2022.Percent Of Stocks Above 200-Day Average (Barchart)Liquidity will likely be withdrawn from the markets at a record pace. So far, the US Treasury is throwing firewood into the system, but the closer we are to accepting the national debt ceiling, the closer Treasury is to borrowing money again. Thus, we will have the Fed, which will sell bonds for $95 billion a month, and the US Treasury, which will issue (sell) bonds for $200-300 billion a month. In total, 300-400 billion per month will be extracted from the system. If liquidity is withdrawn, it will be almost impossible to grow.FREDThis reporting season is unlikely to please investors. We have already seen the earnings misses from Apple (AAPL), Alphabet (GOOG)(GOOGL), and Amazon (AMZN). Typically, these giants set the mood for the entire IT sector, which makes up 23.9% of all SPY assets.CNBCConclusionPowell, as always, said the same thing he said before. Most of this has already been repeated throughout the year, 90% of the entire speech can be cut and nothing would change. The Fed appears to understand perfectly well what is happening, but it is not worth waiting for any signals from it yet in my view. 2% inflation without a 'substantial downturn' is a perfect example of how the Fed is still trying to make some kind of verbal intervention, but the attempts seem to be in vain, it just looks implausible.Thus, the outlook for SPY stays absolutely unchanged in my view, and I recommend selling the rally.This article is written by Vera Glebova for reference only. Please note the risks.","news_type":1,"symbols_score_info":{"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956222270,"gmtCreate":1674023167790,"gmtModify":1676538917286,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Last few days to play","listText":"Last few days to play","text":"Last few days to play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956222270","isVote":1,"tweetType":1,"viewCount":969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956375807,"gmtCreate":1673919695509,"gmtModify":1676538902993,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"I'm giving up on you&nbsp;","listText":"I'm giving up on you&nbsp;","text":"I'm giving up on you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956375807","isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956069157,"gmtCreate":1673849781880,"gmtModify":1676538894265,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"My comment is not registering today&nbsp;","listText":"My comment is not registering today&nbsp;","text":"My comment is not registering today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956069157","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956060693,"gmtCreate":1673849607012,"gmtModify":1676538894215,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Quickly redeem when u have a chance&nbsp;","listText":"Quickly redeem when u have a chance&nbsp;","text":"Quickly redeem when u have a chance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956060693","isVote":1,"tweetType":1,"viewCount":1323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958548422,"gmtCreate":1673788327466,"gmtModify":1676538885413,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"On to the final Please","listText":"On to the final Please","text":"On to the final Please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958548422","isVote":1,"tweetType":1,"viewCount":1231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958152753,"gmtCreate":1673664709472,"gmtModify":1676538872736,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Keep the banner on the homepage","listText":"Keep the banner on the homepage","text":"Keep the banner on the homepage","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958152753","isVote":1,"tweetType":1,"viewCount":1162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958962908,"gmtCreate":1673615392304,"gmtModify":1676538865121,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"thabjs for the games&nbsp;","listText":"thabjs for the games&nbsp;","text":"thabjs for the games","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958962908","isVote":1,"tweetType":1,"viewCount":1198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951505427,"gmtCreate":1673508309770,"gmtModify":1676538848169,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Doing so daily. Vietnam for the win&nbsp;","listText":"Doing so daily. Vietnam for the win&nbsp;","text":"Doing so daily. Vietnam for the win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951505427","isVote":1,"tweetType":1,"viewCount":1212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951958447,"gmtCreate":1673390400190,"gmtModify":1676538828134,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109164429314460","authorIdStr":"4109164429314460"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951958447","isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9922782552,"gmtCreate":1671845417676,"gmtModify":1676538602536,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"The days of new highs are over.&nbsp; We probably won't see them for at least 5-10 years. Forget about parking your money and expecting&nbsp;returns like the last few years. Unfortunately, recession is inevitable and it's all downhill from here. Take your profits while you can, there may&nbsp;be a January effect. Pick up some bargains in 2023.&nbsp;","listText":"The days of new highs are over.&nbsp; We probably won't see them for at least 5-10 years. Forget about parking your money and expecting&nbsp;returns like the last few years. Unfortunately, recession is inevitable and it's all downhill from here. Take your profits while you can, there may&nbsp;be a January effect. Pick up some bargains in 2023.&nbsp;","text":"The days of new highs are over. We probably won't see them for at least 5-10 years. Forget about parking your money and expecting returns like the last few years. Unfortunately, recession is inevitable and it's all downhill from here. Take your profits while you can, there may be a January effect. Pick up some bargains in 2023.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":27,"commentSize":26,"repostSize":1,"link":"https://ttm.financial/post/9922782552","isVote":1,"tweetType":1,"viewCount":1084,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581734406950755","authorId":"3581734406950755","name":"Shyon","avatar":"https://static.tigerbbs.com/2a3423cbda71d7a89cd2f2f2d6744330","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581734406950755","idStr":"3581734406950755"},"content":"The reversal always happen when everyone agrees with your view.","text":"The reversal always happen when everyone agrees with your view.","html":"The reversal always happen when everyone agrees with your view."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941640415,"gmtCreate":1680227860038,"gmtModify":1680227863676,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Crazy","listText":"Crazy","text":"Crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941640415","repostId":"2323455677","repostType":2,"repost":{"id":"2323455677","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1680218739,"share":"https://ttm.financial/m/news/2323455677?lang=en_US&edition=fundamental","pubTime":"2023-03-31 07:25","market":"us","language":"en","title":"Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2323455677","media":"Dow Jones","summary":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book ","content":"<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"</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\">\nMichael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-31 07:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","BK4588":"碎股","SPY":"标普500ETF","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","BK4585":"ETF&股票定投概念","OEX":"标普100","BK4534":"瑞士信贷持仓","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323455677","content_text":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book \"the Big Short,\" said in a Thursday tweet that he was \"wrong\" to tell investors to sell stocks two months ago.Burry issued a one-word tweet on Jan. 31 advising his followers to \"sell.\" While he didn't elaborate, MarketWatch's Steve Goldstein noted at the time that it wasn't hard to fill in the blanks.The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.On Feb. 2, a few days after Burry's \"sell\" tweet, the S&P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index's highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008Wall Street analysts expect corporate earnings for S&P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet's John Butters.Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to \"buy the dip\" in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"SPXU":0.6,"SSO":0.6,"SDS":0.6,".SPX":0.6,"SPY":0.71,"ESmain":0.6,"OEX":0.6,"OEF":0.6,"SH":0.6,"IVV":0.6,"UPRO":0.6}},"isVote":1,"tweetType":1,"viewCount":3440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966644809,"gmtCreate":1669527780901,"gmtModify":1676538205203,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966644809","repostId":"2286418053","repostType":4,"repost":{"id":"2286418053","kind":"highlight","pubTimestamp":1669522519,"share":"https://ttm.financial/m/news/2286418053?lang=en_US&edition=fundamental","pubTime":"2022-11-27 12:15","market":"us","language":"en","title":"CPI Inflation Will Come Down: A Look At Walmart, Amazon, Costco And Home Depot","url":"https://stock-news.laohu8.com/highlight/detail?id=2286418053","media":"Seekingalpha","summary":"The Wall Street Journal wrote an article in the last 10 days or so noting that both Walmart (WMT) an","content":"<html><head></head><body><p>The Wall Street Journal wrote an article in the last 10 days or so noting that both Walmart (WMT) and Amazon (AMZN) will begin pushing back on their suppliers&#39; price hikes, which has forced the big retailers into the unenviable position of using “price” rather than traffic or volume to drive revenue growth since early 2020, given COVID and the various supply chain issues and distortions caused by COVID that have wreaked havoc on the business.</p><p>The WSJ article was eerily reminiscent of Joe Nocera’s article in the New York Times in the early 1990s, where Nocera noted that the one reason inflation likely remained contained in the early 1990s was due to Walmart and its emphasis on “every day low price” or EDLP, not in the literal sense, but from the perspective that the average American probably doesn’t realize the impact Walmart, Amazon, now Costco (COST) and Home Depot (HD), have on retail pricing today, given their size.</p><p>Walmart recently had a good earnings report for its fiscal 3rd quarter ended October ’22, where revenue grew 8.75%, operating income grew 4% and EPS grew 3.5% year-over-year (YoY). This blog previewed the earnings report on Seeking Alpha here.</p><p>If readers quickly peruse the earnings preview, it was noted that Walmart was suffering from “retail constipation” as inventory growth had far exceeded sales growth and for a company that runs like a Swiss watch, this was a rare occurrence indeed.</p><p>However, as the following spreadsheet shows, Walmart has vastly improved its revenue growth vs. inventory growth, although it&#39;s still not yet in line with historical standards:</p><p><img src=\"https://static.tigerbbs.com/e625a90dff771b0d7e944e64afea8474\" tg-width=\"640\" tg-height=\"21\" referrerpolicy=\"no-referrer\"/></p><p>Readers need to click on the above spreadsheet to see the relationship between revenue and inventory growth YoY and note how during COVID in 2020, inventory fell sharply and then – perhaps – a much stronger reopening was expected, which drove an inventory build.</p><p>And now in the late stages of 2022, particularly the last quarter, Walmart is finally getting the relationship back to normal, although it’s still not quite there yet, since ideally, revenue growth should exceed inventory growth YoY, for at least 3 of the 4 quarters every year.</p><p>What’s important for readers to understand is that this relationship impacts working capital and thus cash flow from operations, so just this one metric – particularly for a retailer – can have a dramatic influence on profitability and cash flow.</p><p>Walmart’s typical “inventory turnover” is usually between 2.0x and 2.5x looking back to 2018, but it’s now at under 2.0x, with the last 3 quarters coming in around 1.8x as the retail giant tries to push the inventory bowling ball through the snake.</p><p><i><b>Average ticket vs. traffic at Walmart:</b></i></p><p><img src=\"https://static.tigerbbs.com/332f3e192c3b45a529272f50930f72af\" tg-width=\"640\" tg-height=\"50\" referrerpolicy=\"no-referrer\"/></p><p>If you ever want some insight into a retail business look at “average ticket vs. traffic”: Walmart being the giant that it is, look how the two are used in tandem, both through the pandemic and then after it.</p><p>My guess is Walmart will do everything it can to reduce that “average ticket” over time. It’s a struggle now since the conference call notes said that Walmart is guiding to a consumer that might might slow spending in Q4 ’23 (ends Jan ’23) “given persistent inflationary pressure in food and consumables”, however that is probably a conservative guide for the giant retailer given its history.</p><p><i><b>Amazon: </b></i></p><p><img src=\"https://static.tigerbbs.com/fe4ee98477a97035578994e17e74c01f\" tg-width=\"640\" tg-height=\"21\" referrerpolicy=\"no-referrer\"/></p><p>This table shows the identical measurement that Walmart contains but it’s not apples-to-apples since Amazon Web Services, Subscriptions and Advertising revenue segments are now 31% of Amazon’s total revenue as of 9/30/22. It’s unknown to me how subscriptions and advertising impact “inventory” which would distort the inventory numbers so to speak.</p><p>What’s clear is that Amazon is still 69% online, physical stores and 3rd party resellers, and you would think that the advantage to the 3rd party re-sellers for Amazon is that it would allow Amazon to not have to use their balance sheet to stock inventory. (That’s an assumption on my part.)</p><p>The point being that the last quarter where Amazon’s revenue growth exceeded inventory growth was the June ’21 quarter right around the time the stock peaked at $188 per share.</p><p>Coincidence or Correlation? You tell me what you think.</p><p>Still as Amazon’s ecommerce division rights itself after expanding too rapidly, revenue consisting of 69-70% of $502 billion in total revenue, there should be ample opportunity to obtain supplier concessions in the Amazon marketplace.</p><p><i><b>Costco:</b></i></p><p>TTM revenue for Costco as of the August ’22 quarter, was $226 bl.</p><p>Costco never suffered the “traffic” decline that Walmart and Home Depot have incurred, thus their quarterly comps, which averaged roughly 5-6% in calendar 2019, have averaged 13% since calendar 2020 or the earliest days since the pandemic began.</p><p><img src=\"https://static.tigerbbs.com/98ef085cd44ff2d772e22c28d7df85f1\" tg-width=\"640\" tg-height=\"26\" referrerpolicy=\"no-referrer\"/></p><p>The problem with including Costco in an analysis with Walmart, Amazon and Home Depot, is that COST is a warehouse club and “inventory” is different than the typical retailer: my understanding is that inventory is taken in as a consignment rather than owned directly.</p><p>COST is probably better compared to Sam’s Club directly than Walmart itself, (with Sam’s Club being a division of Walmart) but with $226 billion in TTM sales, I thought it was worth a look from a market power perspective.</p><p>In Costco’s 10-Q, the various product lines are broken out and the revenue detailed and for COST, “Foods &amp; Sundries” and “Fresh Foods” are roughly 50% of COST’s total revenue.</p><p>(I’m guessing – and please note that – COST is probably considerably smaller than Walmart&#39;s pure grocery or “fresh foods” segment. COST’s Q shows that “fresh foods” is just 13% of total revenue as of the last quarter.</p><p>(Note too that the next COST earnings report is December 8th and thus readers will get another look at food and grocery inflation as of November ’22 quarter-end, before the next CPI report.)</p><p><i><b>Home Depot:</b></i></p><p><img src=\"https://static.tigerbbs.com/57e116c38f010b75a0518c13078f757d\" tg-width=\"640\" tg-height=\"20\" referrerpolicy=\"no-referrer\"/></p><p>Although it’s not considered a “general merchandise retailer”, Home Depot was thrown into the mix given its annual revenue growth and housing’s importance to the CPI, i.e. owners&#39; equivalent rent, and such are a 30% weight in the CPI basket.</p><p><img src=\"https://static.tigerbbs.com/5e8a09a9efc6fb5ade6a35e65306d4e9\" tg-width=\"640\" tg-height=\"25\" referrerpolicy=\"no-referrer\"/></p><p>This above spreadsheet shows that Home Depot like Walmart is relying on “ticket” vs. traffic to make it through both the post-Covid supply chain issues and the housing slowdown.</p><p>What I worry about regarding Home Depot is that if you look at “cash flow vs. net income” you could make a case for the Home Depot business model being under some stress.</p><p><img src=\"https://static.tigerbbs.com/4313b9b9553313538aa9b1f4f5ca4b8c\" tg-width=\"640\" tg-height=\"48\" referrerpolicy=\"no-referrer\"/></p><p>This table compares Home Depot’s cash flow and free cash flow vs. net income and readers can see that as far back as 2017, the relationship looked normal but with the recent slowdown in housing, there is no question Home Depot is feeling the pressure, although part of it could be supply chain issues as well.</p><p>Is this a reason to sell Home Depot’s stock – probably not – but it speaks to how the quality of a company’s earnings are impacted when the model is placed under stress.</p><p><i><b>Summary/conclusion:</b></i> The total dollar value of US GDP at the end of 2021 was $23 trillion, and the four companies listed above represent about $1.5 trillion, or about 6.5% of that $23 trillion as of the latest quarter, using the “trailing-twelve-month” (TTM) revenue metric.</p><p>Walmart is America’s largest private sector employer employing 2.2 to 2.3 million, while Amazon is still a ways away from overtaking Walmart in that metric, but now employs 1.5 million Americans as of 9/30/22, up from 1.1 million as of September 2020.</p><p>Here’s how the trailing twelve-month revenue falls out by company as of the latest quarter reported:</p><ul><li>Walmart: $600 billion</li><li>Amazon: $502 billion</li><li>Costco: $227 billion</li><li>Home Depot: $157 billion</li><li>Total: $1,486 trillion</li></ul><p>The Wall Street Journal article made the point about Walmart’s and Amazon’s importance to consumer inflation, although many including David Faber of CNBC have done media specials on Walmart’s treatment of suppliers, etc. some of which are not always “fair and balanced” (and I’m not speaking of Faber’s special, which I thought was balanced).</p><p>But it’s at times like this that you can appreciate that as supply disruptions and the pandemic influences fade, Walmart has the ability to squeeze consumer inflation out of the pipeline. (Having never modeled Target, it wasn’t included in the above analysis.)</p><p>In Michael Porter’s legendary “Competitive Strategy” book, one of the competitive tenets in industry sparring matches is “power over suppliers”, thus Walmart could be said to have two of the basic principles, i.e. low-cost leader and power over suppliers, although Amazon has unquestionably closed the gap on Walmart and has become a formidable competitor since early this century.</p><p>Looking at Walmart’s “average” revenue growth since the mid ’90s here’s what I found:</p><ul><li>’20 to ’22: averaged 3% revenue growth</li><li>’10 to ’19: averaged 2% revenue growth</li><li>’00 to ’09: averaged 11% revenue growth</li><li>’96 to ’99: averaged 14% revenue growth</li></ul><p>What happened to Walmart’s revenue growth, if the same “compare” were run for Amazon, Amazon (and probably Costco too) would likely be the mirror image of these bullet points, which is probably a surprise to no one.</p><p>Walmart’s enormous competitive advantage today is that at least half their revenue – which was $600 billion TTM as of the last earnings report – is grocery, the holy grail of retail since it’s low cost and it drives foot traffic.</p><p>Walmart has to be the largest grocer in the world, or at the very least America, although I heard one CNBC guest around Walmart’s last earnings report say that he thought grocery was now 70% of Walmart’s total revenue. (That was a surprise.)</p><p>When Jeff Bezos stepped down as Amazon CEO, he said he was going to take on the “physical store” aspect of Amazon’s revenue base, which is the Whole Foods acquisition, thus while the big opportunity for Amazon is still “grocery” that has to be a very long uphill battle for the ecommerce giant given Walmart’s dominance. Not being a sell-side analyst it would seem that Costco and Kroger (KR) represent larger competitive threats to Walmart today than Amazon.</p><p>Agreeing in principle with the Wall Street Journal article, I hope this article provided a little more “analytical flavor” in terms of the numbers (and this article was probably too technical for easy reading), since these 4 retailers represent 6.5% of what was 2021 total GDP of $23 trillion.</p><p>Typically and historically per what’s been read, once inflation starts to roll over, it tends to continue to fall, so as Walmart and Amazon work through their bloated inventory and supply chain issues, expect more pressure on inflation, and in Walmart’s case especially food inflation.</p><p>Take everything you read here as one opinion, and with a substantial grain of salt. Hopefully, readers found the content interesting.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CPI Inflation Will Come Down: A Look At Walmart, Amazon, Costco And Home Depot</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\">\nCPI Inflation Will Come Down: A Look At Walmart, Amazon, Costco And Home Depot\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-27 12:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4560535-cpi-inflation-will-come-down-a-look-at-walmart-amazon-costco-and-home-depot><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Wall Street Journal wrote an article in the last 10 days or so noting that both Walmart (WMT) and Amazon (AMZN) will begin pushing back on their suppliers' price hikes, which has forced the big ...</p>\n\n<a href=\"https://seekingalpha.com/article/4560535-cpi-inflation-will-come-down-a-look-at-walmart-amazon-costco-and-home-depot\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HD":"家得宝","AMZN":"亚马逊","WMT":"沃尔玛","COST":"好市多"},"source_url":"https://seekingalpha.com/article/4560535-cpi-inflation-will-come-down-a-look-at-walmart-amazon-costco-and-home-depot","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286418053","content_text":"The Wall Street Journal wrote an article in the last 10 days or so noting that both Walmart (WMT) and Amazon (AMZN) will begin pushing back on their suppliers' price hikes, which has forced the big retailers into the unenviable position of using “price” rather than traffic or volume to drive revenue growth since early 2020, given COVID and the various supply chain issues and distortions caused by COVID that have wreaked havoc on the business.The WSJ article was eerily reminiscent of Joe Nocera’s article in the New York Times in the early 1990s, where Nocera noted that the one reason inflation likely remained contained in the early 1990s was due to Walmart and its emphasis on “every day low price” or EDLP, not in the literal sense, but from the perspective that the average American probably doesn’t realize the impact Walmart, Amazon, now Costco (COST) and Home Depot (HD), have on retail pricing today, given their size.Walmart recently had a good earnings report for its fiscal 3rd quarter ended October ’22, where revenue grew 8.75%, operating income grew 4% and EPS grew 3.5% year-over-year (YoY). This blog previewed the earnings report on Seeking Alpha here.If readers quickly peruse the earnings preview, it was noted that Walmart was suffering from “retail constipation” as inventory growth had far exceeded sales growth and for a company that runs like a Swiss watch, this was a rare occurrence indeed.However, as the following spreadsheet shows, Walmart has vastly improved its revenue growth vs. inventory growth, although it's still not yet in line with historical standards:Readers need to click on the above spreadsheet to see the relationship between revenue and inventory growth YoY and note how during COVID in 2020, inventory fell sharply and then – perhaps – a much stronger reopening was expected, which drove an inventory build.And now in the late stages of 2022, particularly the last quarter, Walmart is finally getting the relationship back to normal, although it’s still not quite there yet, since ideally, revenue growth should exceed inventory growth YoY, for at least 3 of the 4 quarters every year.What’s important for readers to understand is that this relationship impacts working capital and thus cash flow from operations, so just this one metric – particularly for a retailer – can have a dramatic influence on profitability and cash flow.Walmart’s typical “inventory turnover” is usually between 2.0x and 2.5x looking back to 2018, but it’s now at under 2.0x, with the last 3 quarters coming in around 1.8x as the retail giant tries to push the inventory bowling ball through the snake.Average ticket vs. traffic at Walmart:If you ever want some insight into a retail business look at “average ticket vs. traffic”: Walmart being the giant that it is, look how the two are used in tandem, both through the pandemic and then after it.My guess is Walmart will do everything it can to reduce that “average ticket” over time. It’s a struggle now since the conference call notes said that Walmart is guiding to a consumer that might might slow spending in Q4 ’23 (ends Jan ’23) “given persistent inflationary pressure in food and consumables”, however that is probably a conservative guide for the giant retailer given its history.Amazon: This table shows the identical measurement that Walmart contains but it’s not apples-to-apples since Amazon Web Services, Subscriptions and Advertising revenue segments are now 31% of Amazon’s total revenue as of 9/30/22. It’s unknown to me how subscriptions and advertising impact “inventory” which would distort the inventory numbers so to speak.What’s clear is that Amazon is still 69% online, physical stores and 3rd party resellers, and you would think that the advantage to the 3rd party re-sellers for Amazon is that it would allow Amazon to not have to use their balance sheet to stock inventory. (That’s an assumption on my part.)The point being that the last quarter where Amazon’s revenue growth exceeded inventory growth was the June ’21 quarter right around the time the stock peaked at $188 per share.Coincidence or Correlation? You tell me what you think.Still as Amazon’s ecommerce division rights itself after expanding too rapidly, revenue consisting of 69-70% of $502 billion in total revenue, there should be ample opportunity to obtain supplier concessions in the Amazon marketplace.Costco:TTM revenue for Costco as of the August ’22 quarter, was $226 bl.Costco never suffered the “traffic” decline that Walmart and Home Depot have incurred, thus their quarterly comps, which averaged roughly 5-6% in calendar 2019, have averaged 13% since calendar 2020 or the earliest days since the pandemic began.The problem with including Costco in an analysis with Walmart, Amazon and Home Depot, is that COST is a warehouse club and “inventory” is different than the typical retailer: my understanding is that inventory is taken in as a consignment rather than owned directly.COST is probably better compared to Sam’s Club directly than Walmart itself, (with Sam’s Club being a division of Walmart) but with $226 billion in TTM sales, I thought it was worth a look from a market power perspective.In Costco’s 10-Q, the various product lines are broken out and the revenue detailed and for COST, “Foods & Sundries” and “Fresh Foods” are roughly 50% of COST’s total revenue.(I’m guessing – and please note that – COST is probably considerably smaller than Walmart's pure grocery or “fresh foods” segment. COST’s Q shows that “fresh foods” is just 13% of total revenue as of the last quarter.(Note too that the next COST earnings report is December 8th and thus readers will get another look at food and grocery inflation as of November ’22 quarter-end, before the next CPI report.)Home Depot:Although it’s not considered a “general merchandise retailer”, Home Depot was thrown into the mix given its annual revenue growth and housing’s importance to the CPI, i.e. owners' equivalent rent, and such are a 30% weight in the CPI basket.This above spreadsheet shows that Home Depot like Walmart is relying on “ticket” vs. traffic to make it through both the post-Covid supply chain issues and the housing slowdown.What I worry about regarding Home Depot is that if you look at “cash flow vs. net income” you could make a case for the Home Depot business model being under some stress.This table compares Home Depot’s cash flow and free cash flow vs. net income and readers can see that as far back as 2017, the relationship looked normal but with the recent slowdown in housing, there is no question Home Depot is feeling the pressure, although part of it could be supply chain issues as well.Is this a reason to sell Home Depot’s stock – probably not – but it speaks to how the quality of a company’s earnings are impacted when the model is placed under stress.Summary/conclusion: The total dollar value of US GDP at the end of 2021 was $23 trillion, and the four companies listed above represent about $1.5 trillion, or about 6.5% of that $23 trillion as of the latest quarter, using the “trailing-twelve-month” (TTM) revenue metric.Walmart is America’s largest private sector employer employing 2.2 to 2.3 million, while Amazon is still a ways away from overtaking Walmart in that metric, but now employs 1.5 million Americans as of 9/30/22, up from 1.1 million as of September 2020.Here’s how the trailing twelve-month revenue falls out by company as of the latest quarter reported:Walmart: $600 billionAmazon: $502 billionCostco: $227 billionHome Depot: $157 billionTotal: $1,486 trillionThe Wall Street Journal article made the point about Walmart’s and Amazon’s importance to consumer inflation, although many including David Faber of CNBC have done media specials on Walmart’s treatment of suppliers, etc. some of which are not always “fair and balanced” (and I’m not speaking of Faber’s special, which I thought was balanced).But it’s at times like this that you can appreciate that as supply disruptions and the pandemic influences fade, Walmart has the ability to squeeze consumer inflation out of the pipeline. (Having never modeled Target, it wasn’t included in the above analysis.)In Michael Porter’s legendary “Competitive Strategy” book, one of the competitive tenets in industry sparring matches is “power over suppliers”, thus Walmart could be said to have two of the basic principles, i.e. low-cost leader and power over suppliers, although Amazon has unquestionably closed the gap on Walmart and has become a formidable competitor since early this century.Looking at Walmart’s “average” revenue growth since the mid ’90s here’s what I found:’20 to ’22: averaged 3% revenue growth’10 to ’19: averaged 2% revenue growth’00 to ’09: averaged 11% revenue growth’96 to ’99: averaged 14% revenue growthWhat happened to Walmart’s revenue growth, if the same “compare” were run for Amazon, Amazon (and probably Costco too) would likely be the mirror image of these bullet points, which is probably a surprise to no one.Walmart’s enormous competitive advantage today is that at least half their revenue – which was $600 billion TTM as of the last earnings report – is grocery, the holy grail of retail since it’s low cost and it drives foot traffic.Walmart has to be the largest grocer in the world, or at the very least America, although I heard one CNBC guest around Walmart’s last earnings report say that he thought grocery was now 70% of Walmart’s total revenue. (That was a surprise.)When Jeff Bezos stepped down as Amazon CEO, he said he was going to take on the “physical store” aspect of Amazon’s revenue base, which is the Whole Foods acquisition, thus while the big opportunity for Amazon is still “grocery” that has to be a very long uphill battle for the ecommerce giant given Walmart’s dominance. Not being a sell-side analyst it would seem that Costco and Kroger (KR) represent larger competitive threats to Walmart today than Amazon.Agreeing in principle with the Wall Street Journal article, I hope this article provided a little more “analytical flavor” in terms of the numbers (and this article was probably too technical for easy reading), since these 4 retailers represent 6.5% of what was 2021 total GDP of $23 trillion.Typically and historically per what’s been read, once inflation starts to roll over, it tends to continue to fall, so as Walmart and Amazon work through their bloated inventory and supply chain issues, expect more pressure on inflation, and in Walmart’s case especially food inflation.Take everything you read here as one opinion, and with a substantial grain of salt. Hopefully, readers found the content interesting.","news_type":1,"symbols_score_info":{"AMZN":0.9,"COST":1,"HD":1,"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018372642,"gmtCreate":1648987905539,"gmtModify":1676534432245,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"There's always someone who needs Bleach..","listText":"There's always someone who needs Bleach..","text":"There's always someone who needs Bleach..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018372642","repostId":"2224232249","repostType":2,"repost":{"id":"2224232249","kind":"highlight","pubTimestamp":1648948899,"share":"https://ttm.financial/m/news/2224232249?lang=en_US&edition=fundamental","pubTime":"2022-04-03 09:21","market":"us","language":"en","title":"Want $2,000 in Passive Income? Invest $10,000 in These 3 Monster Dividend Stocks and Wait 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2224232249","media":"Motley Fool","summary":"The market has rebounded, but no one knows if the sell-off is over.","content":"<div>\n<p>Since March 14, the Nasdaq Composite has rallied 13%, the S&P 500 is up 8%, and the Dow Jones Industrial Average is up 5% as investors digest rising interest rates, geopolitical tensions, and other ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/02/want-2000-in-passive-income-invest-10000-in-these/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $2,000 in Passive Income? Invest $10,000 in These 3 Monster Dividend Stocks and Wait 5 Years</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\">\nWant $2,000 in Passive Income? Invest $10,000 in These 3 Monster Dividend Stocks and Wait 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-03 09:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/02/want-2000-in-passive-income-invest-10000-in-these/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since March 14, the Nasdaq Composite has rallied 13%, the S&P 500 is up 8%, and the Dow Jones Industrial Average is up 5% as investors digest rising interest rates, geopolitical tensions, and other ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/02/want-2000-in-passive-income-invest-10000-in-these/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克","CLX":"高乐氏"},"source_url":"https://www.fool.com/investing/2022/04/02/want-2000-in-passive-income-invest-10000-in-these/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224232249","content_text":"Since March 14, the Nasdaq Composite has rallied 13%, the S&P 500 is up 8%, and the Dow Jones Industrial Average is up 5% as investors digest rising interest rates, geopolitical tensions, and other market challenges. Meanwhile, the CBOE S&P 500 Volatility Index is down 35%, signaling less fear in the stock market.Investors who are concerned about volatility picking back up and are interested in safe stocks that generate passive income have come to the right place.Investing in equal parts Kinder Morgan, Starbucks, and Clorox stocks gives an investor an average dividend yield of 3.9% and exposure to the energy sector, the consumer discretionary sector, and the consumer staples sector. After a period of five years, an investor could expect a $10,000 investment to earn over $2,000 in passive dividend income. Here's what makes each dividend stock a great buy now.Image source: Getty Images. Kinder Morgan isn't the same company it used to beThe majority of readers may be unfamiliar with Kinder Morgan, which is one of the largest pipeline operators and energy infrastructure companies in North America. But folks that have been investing in oil and gas for seven-plus years may remember when the company cut its dividend by 75%.It's a rocky past that Kinder Morgan is trying to permanently put behind it -- and it's off to a good start. Since the cut, Kinder Morgan's dividend has more than doubled as it seeks to reward shareholders through a dividend supported by cash flow.Kinder Morgan has transformed itself from an aggressive growth strategy to a defensive preservation strategy -- which is bad news for oil and gas bulls but great news for investors looking for a reliable dividend stock. In the past few years, Kinder Morgan has dramatically reduced its spending and paid off debt. Over 90% of its business is tied to stable take-or-pay and fee-based contracts that go years out, which protects against downside risk at the expense of limiting upside potential.Kinder Morgan is unlikely to outperform other oil and gas stocks when prices are rising. But it's also much better positioned to earn strong cash flows in lower price environments as we saw in 2020. Given the stability of its businesses, Kinder Morgan is a worthy high-yield dividend stock worth considering now.Throw some beans into your passive income streamStarbucks often finds itself left out of dividend discussions due to outdated perceptions that the company is still a growth stock. It's not, and it hasn't been for years.The Starbucks of today is a much more boring and stable business. Over the past five years, Starbucks has grown revenue at a compound annual growth rate (CAGR) of just 6.4%. But over that same period, it grew net income at a CAGR of 8.3% and its dividend at a CAGR of 14.4%.Paying the dividend is a big part of Starbucks' strategy. So much so that the company released its most aggressive dividend and buyback program in company history. In the three-year period between fiscal 2022 and fiscal 2024, Starbucks plans to spend $20 billion on dividends and share repurchases. To put that number into perspective, consider that Starbucks spent a little over $2 billion in fiscal 2021 on dividends.Investors looking for a strong and recognizable brand that is also an excellent dividend stock should look no further than Starbucks.Clorox's dividend is safeClorox has had a rough go of it as of late, and these difficulties are reflected in the company's stock price. After blasting to a fresh all-time high in 2020, share prices of Clorox stock are now hovering around a three-year low and are down over 40% from that high.Clorox's problems all boil down to shrinking profit margins in the face of higher inflation. The company is confident that its brands, such as Clorox, Glad trash bags, Burt's Bees, and Kingsford charcoal are leaders in their respective product categories. But higher costs, higher advertising spending, and supply chain challenges paint an uncertain picture of the quarters to come.In addition to declining margins, Clorox's growth rate could be negative in fiscal 2022 as the company struggles to lap quarters that were less affected by inflation.All told, Clorox is in for a multi-year period of weak growth. The silver lining is that all of this bad news is already public, so new investors considering Clorox now can buy the stock with all of these headwinds already digested by Wall Street.The bull argument for Clorox would be that the company will recover over time, it's a consumer staple company that is resistant to a recession, and it is likely to continue paying and raising its dividend every year. Clorox is a Dividend Aristocrat, which is a member of the S&P 500 that has paid and raised its dividend for at least 25 consecutive years. With a dividend yield of 3.4%, Clorox produces a healthy passive income stream.A hands-off approachKinder Morgan, Starbucks, and Clorox may not have anything in common as companies. But as stocks, all three could be great additions to a diversified portfolio. No matter if the stock market has rebounded and is off to the races -- or if the sell-off gets even worse from here -- investors can take solace knowing that these three companies will produce income without the need to sell stock.","news_type":1,"symbols_score_info":{"SBUX":0.9,"CLX":0.9}},"isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941326127,"gmtCreate":1679995910157,"gmtModify":1679995914734,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9941326127","repostId":"2322578232","repostType":2,"repost":{"id":"2322578232","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679995192,"share":"https://ttm.financial/m/news/2322578232?lang=en_US&edition=fundamental","pubTime":"2023-03-28 17:19","market":"us","language":"en","title":"Alibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2322578232","media":"Dow Jones","summary":"Stock futures rose Tuesday and the S&P 500 closed higher for the third consecutive session on Monday","content":"<html><head></head><body><p>Stock futures rose Tuesday and the S&amp;P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.</p><p>These stocks were poised to make moves Tuesday:</p><p><b>Alibaba (BABA) </b>shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.</p><p>U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again.<b> Silvergate Capital (SI)</b> rose 8.1%; <b>First Republic Bank (FRC) </b>rose 3%; <b>PacWest Bancorp (PACW)</b> and <b>Western Alliance Bancorp (WAL)</b> rose 1%.</p><p><b>Lyft (LYFT) </b>shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.</p><p>Warren Buffett&#39;s Berkshire Hathaway Inc boosted its ownership stake in <b>Occidental Petroleum Corp (OXY)</b> to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.</p><p><b>PVH (PVH)</b>, the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.</p><p>Shares of crypto exchange <b>Coinbase Global (COIN)</b> fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.</p><p><b>Virgin Orbit (VORB)</b> dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a &#34; company-wide operating pause&#34; on March 16 to preserve cash while looking for funding sources and strategic partners.</p><p><b>First Citizens Bancshares (FCNCA)</b> fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank&#39;s business two weeks after its collapse triggered panic throughout the financial sector.</p><p>Earnings are expected before Wall Street opens on Tuesday from <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA)</b>, while <b>Micron Technology (MU)</b> and <b>Lululemon Athletica (LULU)</b> will report after stock markets close.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba, First Republic, Lyft, Occidental, Coinbase, Virgin Orbit and More: U.S. Stocks to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-28 17:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock futures rose Tuesday and the S&amp;P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.</p><p>These stocks were poised to make moves Tuesday:</p><p><b>Alibaba (BABA) </b>shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.</p><p>U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again.<b> Silvergate Capital (SI)</b> rose 8.1%; <b>First Republic Bank (FRC) </b>rose 3%; <b>PacWest Bancorp (PACW)</b> and <b>Western Alliance Bancorp (WAL)</b> rose 1%.</p><p><b>Lyft (LYFT) </b>shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.</p><p>Warren Buffett&#39;s Berkshire Hathaway Inc boosted its ownership stake in <b>Occidental Petroleum Corp (OXY)</b> to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.</p><p><b>PVH (PVH)</b>, the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.</p><p>Shares of crypto exchange <b>Coinbase Global (COIN)</b> fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.</p><p><b>Virgin Orbit (VORB)</b> dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a &#34; company-wide operating pause&#34; on March 16 to preserve cash while looking for funding sources and strategic partners.</p><p><b>First Citizens Bancshares (FCNCA)</b> fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank&#39;s business two weeks after its collapse triggered panic throughout the financial sector.</p><p>Earnings are expected before Wall Street opens on Tuesday from <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA)</b>, while <b>Micron Technology (MU)</b> and <b>Lululemon Athletica (LULU)</b> will report after stock markets close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","COIN":"Coinbase Global, Inc.","BK4575":"芯片概念","BK4566":"资本集团","BK4022":"陆运","WBA":"沃尔格林联合博姿","BK4535":"淡马锡持仓","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","OXY":"西方石油","BK4504":"桥水持仓","FCNCA":"第一公民银行股份","BK4579":"人工智能","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4588":"碎股","BK4112":"金融交易所和数据","MU":"美光科技","BK4202":"服装、服饰与奢侈品","BK4548":"巴美列捷福持仓","BK4128":"药品零售","PACW":"西太平洋合众银行","PVH":"PVH Corp","BK4551":"寇图资本持仓","BK4211":"区域性银行","LULU":"lululemon athletica",".SPX":"S&P 500 Index","BABA":"阿里巴巴","BK4539":"次新股","WAL":"阿莱恩斯西部银行",".IXIC":"NASDAQ Composite","BK4554":"元宇宙及AR概念","BK4187":"航天航空与国防","BK4532":"文艺复兴科技持仓","BK4512":"苹果概念","BK4527":"明星科技股","BK4553":"喜马拉雅资本持仓","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD",".DJI":"道琼斯","BK4585":"ETF&股票定投概念","SI":"Shoulder Innovations, Inc.","BK4141":"半导体产品","VORB":"维珍轨道","LU2286300806.USD":"Allianz Cyber Security AT Acc USD"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322578232","content_text":"Stock futures rose Tuesday and the S&P 500 closed higher for the third consecutive session on Monday on easing concerns over the global banking sector.These stocks were poised to make moves Tuesday:Alibaba (BABA) shares gains about 6% in premarket trading. Alibaba Group Holding Ltd. plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s e-commerce leader since its inception more than two decades ago.U.S. regional banks (First Republic Bank, PacWest Bancorp, Western Alliance Bancorp, Silvergate Capital Corp) : U.S. regional banks climbed in premarket trading Tuesday again. Silvergate Capital (SI) rose 8.1%; First Republic Bank (FRC) rose 3%; PacWest Bancorp (PACW) and Western Alliance Bancorp (WAL) rose 1%.Lyft (LYFT) shares rose 3.9% in premarket trading after the ride-sharing company named board member David Risher as chief executive. Lyft said Monday that co-founder Logan Green, who had been serving as CEO, and co-founder John Zimmer, the current president, would be moving into non-executive roles on the board. Risher will begin in his new role on April 17. Lyft shares have decline 12.9% in 2023.Warren Buffett's Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp (OXY) to about 23.6% after buying nearly 3.7 million additional shares. Occidental shares gained 2% in premarket trading.PVH (PVH), the owner of the Calvin Klein and Tommy Hilfiger brands, topped fourth-quarter adjusted earnings and sales estimates. PVH stock rose 12.2% in premarket trading.Shares of crypto exchange Coinbase Global (COIN) fell 1.7% in premarket trading. The stock tumbled 7.8% in the previous session after the Commodity Futures Trading Commission  sued crypto exchange operator Binance and its co-founder and Chief Executive Changpeng Zhao.Virgin Orbit (VORB) dropped 13.2% to about 44 cents after Dan Hart, CEO of the space launch startup, told employees via email the company would be extending unpaid furlough for majority of its workforce as talks for more funding continue, Reuters reported. Virgin Orbit initiated a \" company-wide operating pause\" on March 16 to preserve cash while looking for funding sources and strategic partners.First Citizens Bancshares (FCNCA) fell 0.8% in premarket trading after soaring nearly 54% on Monday after the bank agreed to acquire large parts of Silicon Valley Bank's business two weeks after its collapse triggered panic throughout the financial sector.Earnings are expected before Wall Street opens on Tuesday from Walgreens Boots Alliance (WBA), while Micron Technology (MU) and Lululemon Athletica (LULU) will report after stock markets close.","news_type":1,"symbols_score_info":{"MU":1,".IXIC":0.9,"FCNCA":0.9,"LULU":1,"PACW":0.9,".SPX":0.9,"OXY":0.9,"FRC":0.9,"LYFT":1,"SI":0.9,"BABA":0.9,"COIN":1,"PVH":1,".DJI":0.9,"VORB":0.9,"WAL":0.9,"WBA":1}},"isVote":1,"tweetType":1,"viewCount":3997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949193598,"gmtCreate":1678412028415,"gmtModify":1678412031897,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Contagion?","listText":"Contagion?","text":"Contagion?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949193598","repostId":"2318144672","repostType":2,"repost":{"id":"2318144672","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678405175,"share":"https://ttm.financial/m/news/2318144672?lang=en_US&edition=fundamental","pubTime":"2023-03-10 07:39","market":"us","language":"en","title":"10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle","url":"https://stock-news.laohu8.com/highlight/detail?id=2318144672","media":"Dow Jones","summary":"Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a diluti","content":"<html><head></head><body><p>Silicon Valley Bank wasn&#39;t well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f5e8ba412e8cbf1ba4fa5109b40f669\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.</span></p><p>As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.</p><p>Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.</p><p>On March 8, <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.</p><p>The bank said it was repositioning to &#34;increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin <a href=\"https://laohu8.com/S/NIM\">$(NIM)$</a>, and enhance profitability.&#34;</p><p>In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders&#39; ownership positions resulted in the company&#39;s shares sliding as much as 62% on March 9.</p><p>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.</p><p>See Tomi Kilgore&#39;s coverage for more details on SVB&#39;s offerings, the securities sale and reaction.</p><h2>Red margin flags</h2><p>Before SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn&#39;t well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.</p><p>A bank&#39;s net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here&#39;s how the NIM moved for SVB Financial over the past year:</p><p><img src=\"https://static.tigerbbs.com/d98943297b9bd5d67486342b1fd3756e\" tg-width=\"934\" tg-height=\"206\" width=\"100%\" height=\"auto\"/></p><p>SVB&#39;s net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.</p><p>So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?</p><p>Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.</p><p>A uniform set of net interest margins for the past five quarters isn&#39;t available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.</p><p>By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.</p><p>Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:</p><p><img src=\"https://static.tigerbbs.com/3100df6ee948e46a01606312ff8c7fcd\" tg-width=\"998\" tg-height=\"817\" width=\"100%\" height=\"auto\"/></p><p>SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.</p><h2>Most margin improvement</h2><p>To end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:</p><p><img src=\"https://static.tigerbbs.com/ca6f326e40edb3a68736ec79fd442099\" tg-width=\"999\" tg-height=\"819\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle</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\">\n10 Banks That May Face Trouble in the Wake of the SVB Financial Group Debacle\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-10 07:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Silicon Valley Bank wasn&#39;t well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f5e8ba412e8cbf1ba4fa5109b40f669\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.</span></p><p>As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.</p><p>Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.</p><p>On March 8, <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.</p><p>The bank said it was repositioning to &#34;increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin <a href=\"https://laohu8.com/S/NIM\">$(NIM)$</a>, and enhance profitability.&#34;</p><p>In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders&#39; ownership positions resulted in the company&#39;s shares sliding as much as 62% on March 9.</p><p>The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.</p><p>See Tomi Kilgore&#39;s coverage for more details on SVB&#39;s offerings, the securities sale and reaction.</p><h2>Red margin flags</h2><p>Before SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn&#39;t well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.</p><p>A bank&#39;s net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here&#39;s how the NIM moved for SVB Financial over the past year:</p><p><img src=\"https://static.tigerbbs.com/d98943297b9bd5d67486342b1fd3756e\" tg-width=\"934\" tg-height=\"206\" width=\"100%\" height=\"auto\"/></p><p>SVB&#39;s net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.</p><p>So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?</p><p>Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.</p><p>A uniform set of net interest margins for the past five quarters isn&#39;t available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.</p><p>By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.</p><p>Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:</p><p><img src=\"https://static.tigerbbs.com/3100df6ee948e46a01606312ff8c7fcd\" tg-width=\"998\" tg-height=\"817\" width=\"100%\" height=\"auto\"/></p><p>SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.</p><h2>Most margin improvement</h2><p>To end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:</p><p><img src=\"https://static.tigerbbs.com/ca6f326e40edb3a68736ec79fd442099\" tg-width=\"999\" tg-height=\"819\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","BK4588":"碎股","ALLY":"Ally Financial Inc.","LU1861217088.USD":"贝莱德金融科技A2","BK4585":"ETF&股票定投概念","BK4561":"索罗斯持仓","BK4548":"巴美列捷福持仓","BK4195":"互助储蓄与抵押信贷金融服务","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CMA":"联信银行","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","CUBI":"Customers Bancorp Inc.","BK4166":"消费信贷","GS":"高盛","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318144672","content_text":"Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index sinking 7.5%.As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.Below is a screen of banks that are bucking the industry trend of expanding net interest margins, followed by another list of banks whose margins have widened the most over the past year.On March 8, SVB Financial Group (SIVB) sold $21 billion in securities for a loss of $1.8 billion. SVB is the holding company for Silicon Valley Bank of Santa Clara, Calif. It had $212 billion in assets as of Dec. 31.The bank said it was repositioning to \"increase asset sensitivity, to take advantage of the potential for higher short-term rates, partially lock-in funding costs, better protect net interest income (NII) and net interest margin $(NIM)$, and enhance profitability.\"In light of the loss on the securities sales, SVB will raise $2.25 billion in new capital through two offerings and a private placement. The prospect of dilution to shareholders' ownership positions resulted in the company's shares sliding as much as 62% on March 9.The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index  sinking 7.5%.See Tomi Kilgore's coverage for more details on SVB's offerings, the securities sale and reaction.Red margin flagsBefore SVB Financial decided to take such a dramatic step, the movement of its net interest margin was signaling that the bank wasn't well positioned for the combination of rising interest rates and slowing loan growth in the venture capital space.A bank's net interest margin is the spread between its average yield on loans and investments and its average cost for deposits and borrowings.  This is an annualized calculation. Here's how the NIM moved for SVB Financial over the past year:SVB's net interest margin narrowed considerably during the fourth quarter, and it widened only slightly from the year-earlier quarter.So now the question is which other banks might face pressure because their net interest margins have contracted, or because their margins have only expanded slighlty?Starting with a list of U.S. banks with total assets of at least $10 billion, and removing purer investment banks, such as Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), we looked at 108 banks.A uniform set of net interest margins for the past five quarters isn't available from FactSet for the full group -- it is only available for 56 of the banks. So instead, we screened for net interest income (total interest income less total interest expense) divided by average total assets.By this screen, 102 of 108 banks showed expanding margins for the fourth quarter from a year earlier.Here are the 10 showing contracting margins over the past year, or the smallest expansions of margins:SVB Financial ranked 11th worst in the screen, with net interest income/average assets of 1.93% in the fourth quarter, up from 1.83% in the year-earlier quarter.Most margin improvementTo end on a positive note, these banks showed the widest expansion of margins, based on net interest income divided by average assets:","news_type":1,"symbols_score_info":{"GS":0.9,"FRC":0.9,"SIVB":1,"ALLY":0.9,"NYCB":0.9,"CMA":0.9,"CUBI":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":4016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955730768,"gmtCreate":1675746140854,"gmtModify":1675746145137,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955730768","repostId":"1193345753","repostType":4,"repost":{"id":"1193345753","kind":"news","pubTimestamp":1675751212,"share":"https://ttm.financial/m/news/1193345753?lang=en_US&edition=fundamental","pubTime":"2023-02-07 14:26","market":"us","language":"en","title":"SPY And The Powell Speech: This Doesn't Make Any Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=1193345753","media":"Seeking Alpha","summary":"SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last tim","content":"<div>\n<p>SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case'...</p>\n\n<a href=\"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","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>SPY And The Powell Speech: This Doesn't Make Any Sense</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\">\nSPY And The Powell Speech: This Doesn't Make Any Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-07 14:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case'...</p>\n\n<a href=\"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4575183-spy-and-the-powell-speech-this-doesnt-make-any-sense","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193345753","content_text":"SummaryJerome Powell delivered a standard speech after the FOMC meeting that we already saw last time and the time before that.2% inflation without a substantial economic downturn is not a 'base case' in my view.In my opinion, the bond market doesn't believe in Powell's optimism.The outlook for SPY stays unchanged.Kevin Dietsch/Getty Images NewsIntroductionFollowing an expected 0.25% rate hike, Jerome Powell gave a standard speech that didn't seem to shock market participants. The Fed's chairman basically repeated his thesis from the previous press conference with slight adjustments to the currentsituation. So almost no pivot mood whatsoever.Powell wanted to be a hawk, but frankly, it doesn't actually seem to matter anymore. It doesn't look like the market believes in longer-term high rates from the Fed.Key takeaways:If the economy performs broadly in line with those expectations, it will not be appropriate to cut rates this yearIt would be very premature to declare victory or to think that we've really got thisWe can now say, for the first time that the disinflationary process has startedIt's important that the markets do reflect the tighteningthat we're putting in placeIt would be very premature to declare victory2% nonsensePowell also stated: \"My base case is that the economy can return to 2 percent inflationwithout a really significant downturnor a really big increase in unemployment.\" I just wonder how that would work out. In my opinion, the Fed has only two options: shatter the economy with even more restrictive policies, or watch the economy slow down with current policies. Both options lead to a recession. The only difference is how much consumer demand will fall and how much the rate will have to be cut in the future. The Fed will simply not go for softening right now without signals that it is not only preferred but necessary in my view. They started this cycle of hawkishness partly because of the arguable drop in confidence in the Fed a year earlier. And now, if they abandon this rhetoric, it may well destroy the credibility of the Fed.No one will argue with the fact that a recession will help destroy inflation, which is replaced by deflation. But Powell wants the economy to expand and inflation to fall. Moreover, he \"is seeing progress in bringing down inflation without weakening of labor conditions.\" The problem is that inflation is still growing at a pretty rapid pace. Why? Because of the labor market strength, which seems to be the only reason for economic acceleration right now.PCE Index (MoM) (Investing)And why is the labor market so strong if the Fed keeps hitting the economy with a sledgehammer? Because historically it needed time to cool down after the monetary tightening. And as soon as high interest rates begin to affect the labor market, it will likely crumble because we have the weakest consumer in 2 decades.TradingeconomicsAnother elephant in the room: the economy is already showing worrisome signs. Purchasing Managers' Index (both Manufacturing and Services) shows the contraction of business activity in the US.Data by YChartsAt the same time, existing home sales are down 32% YoY.Data by YChartsSo, to be clear: we are not in a recession yet because the labor market is strong and the wages keep growing, which keeps the demand high. However, as the economy feels more pressure from high interest rates, there will be less and less jobs being added. This will make a very, very weak consumer stop spending and start saving, which will trigger a massive fall in demand.Fed Funds Effective Rate (blue line) Vs Unemployment rate (red line) (FRED)Thus, it is unclear to me how a 2% inflation without a substantial economic downturn is a 'base case'.The debt market agreesDon't believe me, let the market speak for itself. We are now facing the deepest inversion in 43 years. That reflects the depth of the recession that traders expect and the certainty that it will happen.Data by YChartsThere is still a huge demand for bonds at the far end of the curve (10+ years) as investors rush to lock in good returns as they probably expect they won't be able to get them anywhere else due to the recession. Thus, the outflow from short-term bonds to long-term bonds continues. Would such behavior be appropriate if a recession were not the baseline scenario over the year's horizon? Of course not. The one not talking about it right now is the Fed though. So who is right: Powell, who marked inflation as 'transitory' in 2021, or thousands of institutional investors that were right almost every single time for the last 50 years?Market reactionAs usual, Powell's performance gave the markets an impulse, most likely due to the covering of short positions.Data by YChartsThe most interesting thing is that the expectations of market participants have shifted towards easing monetary policy by the end of the year, although the chairman of the Fed did not give any signals for this, except for the statement about the \"early stages of disinflation\". I recommend not using the FedWatch Tool meeting probabilities data to predict year-end rates though, as these expectations are based on Fed Funds futures, which are highly volatile and do not provide a complete picture of what is happening.FedWatch tool3 reasons to sell SPY right nowMoving on to the outlook forNYSEARCA:SPY, it actually hasn't changed much after the FOMC meeting. I believe that $410-$420 is a great time to take profits for the following reasons:66% (332) of stocks in SPY ETF are trading above the 200-day average, which normally could be treated as a bullish sign if we had a positive sentiment. Selling at the local highs of this indicator would've be a good decision during 2022.Percent Of Stocks Above 200-Day Average (Barchart)Liquidity will likely be withdrawn from the markets at a record pace. So far, the US Treasury is throwing firewood into the system, but the closer we are to accepting the national debt ceiling, the closer Treasury is to borrowing money again. Thus, we will have the Fed, which will sell bonds for $95 billion a month, and the US Treasury, which will issue (sell) bonds for $200-300 billion a month. In total, 300-400 billion per month will be extracted from the system. If liquidity is withdrawn, it will be almost impossible to grow.FREDThis reporting season is unlikely to please investors. We have already seen the earnings misses from Apple (AAPL), Alphabet (GOOG)(GOOGL), and Amazon (AMZN). Typically, these giants set the mood for the entire IT sector, which makes up 23.9% of all SPY assets.CNBCConclusionPowell, as always, said the same thing he said before. Most of this has already been repeated throughout the year, 90% of the entire speech can be cut and nothing would change. The Fed appears to understand perfectly well what is happening, but it is not worth waiting for any signals from it yet in my view. 2% inflation without a 'substantial downturn' is a perfect example of how the Fed is still trying to make some kind of verbal intervention, but the attempts seem to be in vain, it just looks implausible.Thus, the outlook for SPY stays absolutely unchanged in my view, and I recommend selling the rally.This article is written by Vera Glebova for reference only. Please note the risks.","news_type":1,"symbols_score_info":{"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953203696,"gmtCreate":1673255594216,"gmtModify":1676538806369,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953203696","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960420146,"gmtCreate":1668227656785,"gmtModify":1676538031845,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"Cypto bye&nbsp;","listText":"Cypto bye&nbsp;","text":"Cypto bye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960420146","repostId":"2282487556","repostType":2,"repost":{"id":"2282487556","kind":"highlight","pubTimestamp":1668213017,"share":"https://ttm.financial/m/news/2282487556?lang=en_US&edition=fundamental","pubTime":"2022-11-12 08:30","market":"us","language":"en","title":"Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration","url":"https://stock-news.laohu8.com/highlight/detail?id=2282487556","media":"Seeking Alpha","summary":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-","content":"<html><head></head><body><h2>Summary</h2><ul><li>Nvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential &#34;dovish response from the Fed&#34;.</li><li>The stock&#39;s recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors&#39; confidence in Nvidia&#39;s longer-term prospects.</li><li>Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock&#39;s near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock&#39;s outlook.</li><li>The following analysis will walk through some of the latest developments in Nvidia&#39;s operating, macro and regulatory environment, and gauge their respective implications on the stock&#39;s near-term performance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/821a26da6fd45d4119675770e348fdbe\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>The better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).</p><p>Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.</p><p>And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.</p><p>Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.</p><p><b>Macro Overview</b></p><p>The Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.</p><p>October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.</p><p>Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):</p><blockquote>Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.</blockquote><blockquote>Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.</blockquote><blockquote>Source: Federal Reserve Bank of Dallas</blockquote><p>What this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.</p><p>Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.</p><p>Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.</p><p>And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.</p><p>And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.</p><p><b>Implications of the A800 Data Center GPU</b></p><p>Moving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.</p><p>In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.</p><p>As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.</p><p><i>i. Bull Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69a9f8803dc4cfc1a6531cd5970e6116\" tg-width=\"640\" tg-height=\"345\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ce58edfb1fd144ddb4958ce28aa3068\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case PT (Author)</span></p><p><i>ii. Base Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48b2c2079cc21eba075a71a080240c9\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c8bdcb85fdca3d00f2a79a9aa1f947\" tg-width=\"640\" tg-height=\"363\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case PT (Author)</span></p><p><i>iii. Bear Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fa52330c071632e4c5480164c6da69\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d24c4b920c94cd1163561b799af23cb\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case PT (Author)</span></p><p>However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.</p><p><b>Implications of Crypto Contagion 2.0</b></p><p>As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.</p><p>While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.</p><p>Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:</p><blockquote>Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.</blockquote><blockquote>Source: Bloomberg</blockquote><p>While Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.</p><p>In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.</p><p><b>Final Thoughts</b></p><p>As we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.</p><p>And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.</p><p>Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.</p><p><i>This article is written by </i><i>Livy Investment Research</i><i> for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration</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\">\nNvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\"....</p>\n\n<a href=\"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487556","content_text":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\".The stock's recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors' confidence in Nvidia's longer-term prospects.Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock's near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock's outlook.The following analysis will walk through some of the latest developments in Nvidia's operating, macro and regulatory environment, and gauge their respective implications on the stock's near-term performance.Justin SullivanThe better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.Macro OverviewThe Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.Source: Federal Reserve Bank of DallasWhat this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.Implications of the A800 Data Center GPUMoving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.i. Bull Case Financial Forecast and Valuation Analysis:Nvidia Bull Case Financial Forecast (Author)Nvidia Bull Case PT (Author)ii. Base Case Financial Forecast and Valuation Analysis:Nvidia Base Case Financial Forecast (Author)Nvidia Base Case PT (Author)iii. Bear Case Financial Forecast and Valuation Analysis:Nvidia Bear Case Financial Forecast (Author)Nvidia Bear Case PT (Author)However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.Implications of Crypto Contagion 2.0As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.Source: BloombergWhile Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.Final ThoughtsAs we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.This article is written by Livy Investment Research for reference only. Please note the risks.","news_type":1,"symbols_score_info":{"NVDA":1}},"isVote":1,"tweetType":1,"viewCount":1173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021114039,"gmtCreate":1653012266721,"gmtModify":1676535208063,"author":{"id":"4109164429314460","authorId":"4109164429314460","name":"Kk66","avatar":"https://community-static.tradeup.com/news/1d4cee88440bbe4133c2c4f01e79ad60","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4109164429314460","idStr":"4109164429314460"},"themes":[],"htmlText":"$$$ 666","listText":"$$$ 666","text":"$$$ 666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021114039","isVote":1,"tweetType":1,"viewCount":1203,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000626","authorId":"9000000000000626","name":"DonnaMay","avatar":"https://static.tigerbbs.com/f20dbb02d38eebfd4b768781cc568594","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000626","idStr":"9000000000000626"},"content":"Still holding. Gonna add more if it drops below $666","text":"Still holding. Gonna add more if it drops below $666","html":"Still holding. Gonna add more if it drops below $666"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}