Dow Jones News - To The Moon

Latest News

03-26

Incyte Is Maintained at Neutral by UBS

Incyte Is Maintained at Neutral by UBS

03-26

Pilgrim's Pride Is Maintained at Market Perform by BMO Capital

Pilgrim's Pride Is Maintained at Market Perform by BMO Capital

03-26

Nvidia's stock is cheaper than Exxon's. Are investors ditching tech for energy?

Nvidia's stock is cheaper than Exxon's. Are investors ditching tech for energy?

User Discussion

04-18

Great article, would you like to share it?

Labubu Maker's Earnings Show It's Not Toying Around, but Investors Aren't Amused -- Update

03-25

All the signs of a USA recession

Inflation Could Hit 4% After the Oil Shock. It Isn't a Short-Term Problem

03-23

Of course, no evidence is true...until the evidence shows up. [Happy]

Jensen Huang once said there was 'no evidence' Nvidia chips were getting diverted to China. The scandal at Super Micro suggests otherwise.

03-22

He is one of the Few good men left standing ❗😂

Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech

03-22

His successor already confirmed. It is Potus...who is also the president of Venezuela, Iran, Cuba and Greenland. [Facepalm] [Glance] [Surprised]

Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech

03-22

Where are their Data Centers ❗❓ At Middle East ❗❓ They never tell you the risk ❗❓✌️😂

Software Stocks Are in Bargain Territory — and That’s Reviving an Age-Old Debate

03-21

The market rather Micron than Nvdia and Palantir

Why Nvidia Stock Is Stuck in a Trading Range -- and What Could Finally Break It Out -- Barrons.com

03-20

Well on one hand POTUS wants the lowering of interest rates but on the other hand, he started his own campaign which caused inflation to rise and hence diminishing any prospects of lowering interest rates. Well-done.

Trump Escalates Attack on Powell, as Questions About Fed Chair Transition Continue

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It made 37.12 billion yuan in revenue.The question now is if it can keep churning out hits.Pop Mart relies heavily on the Monsters collection, which inc","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Sherry Qin \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PMRTY\">Pop Mart</a> posted blockbuster earnings off the global Labubu craze, but that didn't stop investors from dumping its stock, with some booking profit as they wonder if the Chinese toy maker's success is just a fad. \n</p>\n<p>\n  The Beijing-based company captured the hearts--and wallets--of global consumers with its ugly-cute Labubu dolls, part of a range of collectibles sold in \"blind boxes\" that conceal the contents from buyers, making each purchase a surprise. \n</p>\n<p>\n  Many had doubts on the logic of <a href=\"https://laohu8.com/S/POPMF\">Pop Mart</a>'s share price catapulting above that of heavyweights like Alibaba's on the back of a trend. But the company's profit quadrupled last year. Revenue nearly tripled. \n</p>\n<p>\n  In a year marked by weak consumption in <a href=\"https://laohu8.com/S/09992\">Pop Mart</a>'s home market of China and tariff turmoil across the world, the toy company posted net profit of 12.78 billion yuan, equivalent to US$1.85 billion. It made 37.12 billion yuan in revenue. \n</p>\n<p>\n  The question now is if it can keep churning out hits. \n</p>\n<p>\n  Pop Mart relies heavily on the Monsters collection, which includes Labubus and contributed 38% of total revenue last year. \n</p>\n<p>\n  Fading Labubu mania underlines why the company is making efforts to branch out. \n</p>\n<p>\n  The once-impossible-to-get doll is now easily available, no longer selling for double the retail price on secondary markets. \n</p>\n<p>\n  As the initial hype wanes, the bar for customer repurchases is rising, Deutsche Bank analyst Sammi Xu said in a note. \n</p>\n<p>\n  So far, Pop Mart has managed to keep fans' attention with new rollouts like Mini Labubus and other characters, such as Skullpanda and Twinkle Twinkle. \n</p>\n<p>\n  But skeptical investors want evidence that Pop Mart is monetizing its intellectual property in a Disney-esque way, creating a reliable pipeline of profits from a diversified IP portfolio. \n</p>\n<p>\n  They were also disappointed by the dividend pullback, Morningstar analyst Jeff Zhang said. \n</p>\n<p>\n  The toy maker's shares ended 22.5% lower at HK$168.30 on Wednesday after the results, which showed that its dividend payout ratio dropped to 25% in 2025 from 35% in 2024. \n</p>\n<p>\n  The stock slump wiped out year-to-date gains, putting it at more palatable levels after it rallied 109% in 2025 and a staggering 343% in 2024. \n</p>\n<p>\n  Pop Mart has stressed that it is on the hunt for its next blockbuster product. \n</p>\n<p>\n  It has had some success with the \"Crush on You\" plush collection under the Twinkle Twinkle line and the Pucky \"Tap Tap Babies\" series in January. \n</p>\n<p>\n  It has also doubled down on its theme park, expanding the scope of proceeds originally planned for strategic investments to include the park and showcase events. \n</p>\n<p>\n  There are new plans for Labubu too: Pop Mart is teaming up with Sony Pictures to bring the doll to the big screen, and Chief Operating Officer Si De said during an earnings call that Labubu 4.0 will hit store shelves in the second half. \n</p>\n<p>\n  Management announced a foray into home appliances as well, with plans to launch its first products next month. \n</p>\n<p>\n  Analysts may also take some comfort from Pop Mart's capital-spending plans. \n</p>\n<p>\n  The company said it will redirect the remaining proceeds from its Hong Kong offering to expand overseas rather than acquire more intellectual property. \n</p>\n<p>\n  Morningstar's Zhang said the move makes sense as it will fund \"more urgent needs,\" noting that the proceeds had been sitting unused since the offering a few years ago. \n</p>\n<p>\n  Pop Mart's performance overseas was a highlight of its 2025 earnings report. Revenue from abroad increased almost fourfold, accounting for 44% of total revenue. \n</p>\n<p>\n  This year, the company's CEO said it aims for overall revenue to rise 20% as its business growth normalizes. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Sherry Qin at sherry.qin@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 04:36 ET (08:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Labubu Maker's Earnings Show It's Not Toying Around, but Investors Aren't Amused -- Update</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\">\nLabubu Maker's Earnings Show It's Not Toying Around, but Investors Aren't Amused -- Update\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\">2026-03-25 16:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Sherry Qin \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PMRTY\">Pop Mart</a> posted blockbuster earnings off the global Labubu craze, but that didn't stop investors from dumping its stock, with some booking profit as they wonder if the Chinese toy maker's success is just a fad. \n</p>\n<p>\n  The Beijing-based company captured the hearts--and wallets--of global consumers with its ugly-cute Labubu dolls, part of a range of collectibles sold in \"blind boxes\" that conceal the contents from buyers, making each purchase a surprise. \n</p>\n<p>\n  Many had doubts on the logic of <a href=\"https://laohu8.com/S/POPMF\">Pop Mart</a>'s share price catapulting above that of heavyweights like Alibaba's on the back of a trend. But the company's profit quadrupled last year. Revenue nearly tripled. \n</p>\n<p>\n  In a year marked by weak consumption in <a href=\"https://laohu8.com/S/09992\">Pop Mart</a>'s home market of China and tariff turmoil across the world, the toy company posted net profit of 12.78 billion yuan, equivalent to US$1.85 billion. It made 37.12 billion yuan in revenue. \n</p>\n<p>\n  The question now is if it can keep churning out hits. \n</p>\n<p>\n  Pop Mart relies heavily on the Monsters collection, which includes Labubus and contributed 38% of total revenue last year. \n</p>\n<p>\n  Fading Labubu mania underlines why the company is making efforts to branch out. \n</p>\n<p>\n  The once-impossible-to-get doll is now easily available, no longer selling for double the retail price on secondary markets. \n</p>\n<p>\n  As the initial hype wanes, the bar for customer repurchases is rising, Deutsche Bank analyst Sammi Xu said in a note. \n</p>\n<p>\n  So far, Pop Mart has managed to keep fans' attention with new rollouts like Mini Labubus and other characters, such as Skullpanda and Twinkle Twinkle. \n</p>\n<p>\n  But skeptical investors want evidence that Pop Mart is monetizing its intellectual property in a Disney-esque way, creating a reliable pipeline of profits from a diversified IP portfolio. \n</p>\n<p>\n  They were also disappointed by the dividend pullback, Morningstar analyst Jeff Zhang said. \n</p>\n<p>\n  The toy maker's shares ended 22.5% lower at HK$168.30 on Wednesday after the results, which showed that its dividend payout ratio dropped to 25% in 2025 from 35% in 2024. \n</p>\n<p>\n  The stock slump wiped out year-to-date gains, putting it at more palatable levels after it rallied 109% in 2025 and a staggering 343% in 2024. \n</p>\n<p>\n  Pop Mart has stressed that it is on the hunt for its next blockbuster product. \n</p>\n<p>\n  It has had some success with the \"Crush on You\" plush collection under the Twinkle Twinkle line and the Pucky \"Tap Tap Babies\" series in January. \n</p>\n<p>\n  It has also doubled down on its theme park, expanding the scope of proceeds originally planned for strategic investments to include the park and showcase events. \n</p>\n<p>\n  There are new plans for Labubu too: Pop Mart is teaming up with Sony Pictures to bring the doll to the big screen, and Chief Operating Officer Si De said during an earnings call that Labubu 4.0 will hit store shelves in the second half. \n</p>\n<p>\n  Management announced a foray into home appliances as well, with plans to launch its first products next month. \n</p>\n<p>\n  Analysts may also take some comfort from Pop Mart's capital-spending plans. \n</p>\n<p>\n  The company said it will redirect the remaining proceeds from its Hong Kong offering to expand overseas rather than acquire more intellectual property. \n</p>\n<p>\n  Morningstar's Zhang said the move makes sense as it will fund \"more urgent needs,\" noting that the proceeds had been sitting unused since the offering a few years ago. \n</p>\n<p>\n  Pop Mart's performance overseas was a highlight of its 2025 earnings report. Revenue from abroad increased almost fourfold, accounting for 44% of total revenue. \n</p>\n<p>\n  This year, the company's CEO said it aims for overall revenue to rise 20% as its business growth normalizes. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Sherry Qin at sherry.qin@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 04:36 ET (08:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ62798434.SGD":"MAYBANK ASIAN GROWTH AND INCOME-I \"A\" (SGDHDG) ACC","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU0823426480.USD":"法巴中国股票经典Dis","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU0499858602.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) ACC","LU0823426308.USD":"法巴中国股票基金","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0359201612.USD":"贝莱德中国基金A2","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","SG9999002950.SGD":"United Asian Growth Opportunities SGD","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK1224":"专卖店","09992":"泡泡玛特","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU0231483743.USD":"abrdn SICAV I - ALL CHINA SUSTAINABLE EQUITY \"A\" (USD) ACC","PMRTY":"Pop Mart International Group Limited","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","SGXZ86797644.SGD":"MAYBANK ASIAN GROWTH AND INCOME-I \"A\" (SGDHDG) INC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","BK4211":"区域性银行","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2622025270","content_text":"By Sherry Qin \n\n\n \n\n\nPop Mart posted blockbuster earnings off the global Labubu craze, but that didn't stop investors from dumping its stock, with some booking profit as they wonder if the Chinese toy maker's success is just a fad. \n\n\n  The Beijing-based company captured the hearts--and wallets--of global consumers with its ugly-cute Labubu dolls, part of a range of collectibles sold in \"blind boxes\" that conceal the contents from buyers, making each purchase a surprise. \n\n\n  Many had doubts on the logic of Pop Mart's share price catapulting above that of heavyweights like Alibaba's on the back of a trend. But the company's profit quadrupled last year. Revenue nearly tripled. \n\n\n  In a year marked by weak consumption in Pop Mart's home market of China and tariff turmoil across the world, the toy company posted net profit of 12.78 billion yuan, equivalent to US$1.85 billion. It made 37.12 billion yuan in revenue. \n\n\n  The question now is if it can keep churning out hits. \n\n\n  Pop Mart relies heavily on the Monsters collection, which includes Labubus and contributed 38% of total revenue last year. \n\n\n  Fading Labubu mania underlines why the company is making efforts to branch out. \n\n\n  The once-impossible-to-get doll is now easily available, no longer selling for double the retail price on secondary markets. \n\n\n  As the initial hype wanes, the bar for customer repurchases is rising, Deutsche Bank analyst Sammi Xu said in a note. \n\n\n  So far, Pop Mart has managed to keep fans' attention with new rollouts like Mini Labubus and other characters, such as Skullpanda and Twinkle Twinkle. \n\n\n  But skeptical investors want evidence that Pop Mart is monetizing its intellectual property in a Disney-esque way, creating a reliable pipeline of profits from a diversified IP portfolio. \n\n\n  They were also disappointed by the dividend pullback, Morningstar analyst Jeff Zhang said. \n\n\n  The toy maker's shares ended 22.5% lower at HK$168.30 on Wednesday after the results, which showed that its dividend payout ratio dropped to 25% in 2025 from 35% in 2024. \n\n\n  The stock slump wiped out year-to-date gains, putting it at more palatable levels after it rallied 109% in 2025 and a staggering 343% in 2024. \n\n\n  Pop Mart has stressed that it is on the hunt for its next blockbuster product. \n\n\n  It has had some success with the \"Crush on You\" plush collection under the Twinkle Twinkle line and the Pucky \"Tap Tap Babies\" series in January. \n\n\n  It has also doubled down on its theme park, expanding the scope of proceeds originally planned for strategic investments to include the park and showcase events. \n\n\n  There are new plans for Labubu too: Pop Mart is teaming up with Sony Pictures to bring the doll to the big screen, and Chief Operating Officer Si De said during an earnings call that Labubu 4.0 will hit store shelves in the second half. \n\n\n  Management announced a foray into home appliances as well, with plans to launch its first products next month. \n\n\n  Analysts may also take some comfort from Pop Mart's capital-spending plans. \n\n\n  The company said it will redirect the remaining proceeds from its Hong Kong offering to expand overseas rather than acquire more intellectual property. \n\n\n  Morningstar's Zhang said the move makes sense as it will fund \"more urgent needs,\" noting that the proceeds had been sitting unused since the offering a few years ago. \n\n\n  Pop Mart's performance overseas was a highlight of its 2025 earnings report. Revenue from abroad increased almost fourfold, accounting for 44% of total revenue. \n\n\n  This year, the company's CEO said it aims for overall revenue to rise 20% as its business growth normalizes. \n\n\n \n\n\n  Write to Sherry Qin at sherry.qin@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2026 04:36 ET (08:36 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"09992":1.97,"PMRTY":1.97}},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":546430790550224,"gmtCreate":1774431754555,"gmtModify":1774431759027,"author":{"id":"4174912939801582","authorId":"4174912939801582","name":"IWANNA","avatar":"https://community-static.tradeup.com/news/185dfb94e265965bed2b89ef321a56b1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4174912939801582","idStr":"4174912939801582"},"themes":[],"title":"","htmlText":"All the signs of a USA recession&nbsp;","listText":"All the signs of a USA recession&nbsp;","text":"All the signs of a USA recession","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/546430790550224","repostId":"2622041500","repostType":2,"repost":{"id":"2622041500","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":1774431619,"share":"https://ttm.financial/m/news/2622041500?lang=en_US&edition=fundamental","pubTime":"2026-03-25 17:40","market":"fut","language":"en","title":"Inflation Could Hit 4% After the Oil Shock. It Isn't a Short-Term Problem","url":"https://stock-news.laohu8.com/highlight/detail?id=2622041500","media":"Dow Jones","summary":"Inflation has been relatively tame so far this year, with the consumer price index rising 2.4% on an annual basis in each of the past two months. The outlook for the coming months is a lot less benign, however.The surge in oil prices since the Feb. 28 start of the war with Iran is set to drive headline inflation back up to 4% in coming months. Even if oil retreats to well below $100 a barrel and the effects of tariffs moderate, inflation is unlikely to return to the Fed's 2% annual inflation target for at least a few years. Input costs are on the rise due to growing demand for artificial intelligence, firmer labor costs, and other factors.Even if the oil shock ends soon, the Fed could be looking at above-trend inflation for another few years due to structural changes in the economy, including deglobalization. \"The world has changed in a way that has led to an upward tug on inflation,\" says Karen Dynan, an economics professor","content":"<html><head></head><body><p>Inflation has been relatively tame so far this year, with the consumer price index rising 2.4% on an annual basis in each of the past two months. The outlook for the coming months is a lot less benign, however.</p><p>The surge in oil prices since the Feb. 28 start of the war with Iran is set to drive headline inflation back up to 4% in coming months. Even if oil retreats to well below $100 a barrel and the effects of tariffs moderate, inflation is unlikely to return to the Fed&#39;s 2% annual inflation target for at least a few years. Input costs are on the rise due to growing demand for artificial intelligence, firmer labor costs, and other factors.</p><p>Inflation has exceeded 2% for the past five years, as Fed Chair Jerome Powell acknowledged in a press briefing on March 18 after the Fed&#39;s latest policy meeting. Now the risk is growing that inflation expectations will become unanchored, meaning that households and businesses may come to doubt the Fed&#39;s ability to control it.</p><p>The price of Brent crude, the international oil benchmark, slipped back under $100 a barrel on Tuesday after President Donald Trump announced he would pause for five days a decision to strike Iran&#39;s power plants and energy infrastructure. But the joint U.S.-Israel war with Iran is likely to keep the Strait of Hormuz, a vital shipping lane, largely closed for at least several more weeks, if not months, curtailing global energy supply.</p><p>&#34;The situation is highly fluid, but the baseline would have to be at least several weeks, and possibly longer, because it is difficult to see where the common landing zone is,&#34; says Nick Redmond, director of analysis and editor in chief at Oxford Analytica.</p><p>Closure of the Strait and attacks on the Mideast&#39;s energy infrastructure sent oil prices up to nearly $120 a barrel from a range of $66 to $72 a barrel before the war began, although Brent crude, the international benchmark, now trades around $99. The increase in crude has lifted U.S. gasoline prices from around $2.90 a gallon in mid-February to a recent $3.98, according to AAA.</p><p>Gas prices surged nearly 22% in March, says Denton Cinquegrana, research and analysis director at OPIS, an oil-price reporting company owned by Dow Jones. That is the highest monthly percentage increase in the past 20 years.</p><p>Higher prices at the pump could boost headline CPI inflation by at least 1% in March, to 3.4%, says Alan Detmeister, executive director of Global Economic Research at UBS and a former Fed economist. He sees CPI inflation reaching 4% in April in what he calls &#34;a pretty massive move.&#34;</p><p>The Bureau of Labor Statistics is set to release the March CPI on April 10.</p><p>Even if the oil shock ends soon, the Fed could be looking at above-trend inflation for another few years due to structural changes in the economy, including deglobalization. &#34;The world has changed in a way that has led to an upward tug on inflation,&#34; says Karen Dynan, an economics professor at Harvard University and a senior fellow at the Peterson Institute for International Economics. &#34;That contrasts with the first two decades of the 21st century, when globalization and related forces had imparted a downward tug on inflation.</p><p>Barring a U.S. recession, which isn&#39;t widely expected, inflation is likely to be closer to 3% than 2% this year. Dynan notes that the effects of deglobalization, immigration restrictions, and the upward pressure on energy prices from the buildout of artificial-intelligence-focused datacenters all could lead to higher prices. Higher tariffs are already boosting goods prices as more companies pass on cost hikes this year.</p><p>Much of the drop in inflation from an annual peak of nearly 9% in 2022 owes to decelerating price growth -- and even price declines -- in goods. But the trend has reversed lately: Wholesale inflation measured by the producer price index has shown substantial gains in recent months, due in part to rising prices for diesel fuel, electronic components, industrial chemicals, and even meat. And the pressure in the pipeline isn&#39;t about to abate.</p><p>Any progress toward 2% inflation is likely to come from services, Detmeister says. Shelter inflation, in particular, is expected to trend substantially lower this year due to softening rent growth.</p><p>Surveys of renters and homeowners show that key shelter measures in the CPI -- owners&#39; equivalent of rent, and rent -- are cooling slowly, with timelier measures of market moves suggesting more moderation ahead, says Thomas Ryan, North America economist for Capital Economics. Shelter accounts for roughly 40% of the CPI basket (and a smaller percentage of the personal consumption expenditures price index, the Fed&#39;s preferred inflation measure), so it can do some &#34;heavy lifting&#34; in bringing inflation down, Ryan says.</p><p>Non-housing services inflation may be more problematic. It is highly sensitive to the broader economy, especially the labor market, which remains relatively tight and with decent wage growth. As a result, Detmeister forecasts that inflation won&#39;t fall sustainably to within a quarter of a percentage point of 2% until late 2028, as measured by core PCE inflation, excluding food and energy. Core PCE rose 3.1% year over year in January, the latest available reading, while headline PCE was up 2.8% in the month.</p><p>Services inflation overall has been stuck in a range materially above pre-Covid levels, driven by stronger demand and the lingering effects of high pandemic-era wage growth. The Trump administration&#39;s immigration curbs could lead to tighter labor conditions and more wage growth, pushing services inflation even higher, Dynan says.</p><p>To be sure, most economists and investors believe the recent run up in energy prices will be temporary. Additionally, consumer inflation expectations have remained largely well-anchored throughout the postpandemic inflation surge and its aftermath. That has given Fed officials comfort that inflation will gradually drift lower, keeping interest-rate hikes off the table.</p><p>Traders are pricing in only an 8% chance that the Fed will hike rates at its April 28-29 policy meeting, according to the CME&#39;s FedWatch tool. Still, a one-two punch of surging inflation and higher interest rates would be much more damaging to the U.S. economy than the recent spike in oil suggests.</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>Inflation Could Hit 4% After the Oil Shock. It Isn't a Short-Term Problem</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\">\nInflation Could Hit 4% After the Oil Shock. It Isn't a Short-Term Problem\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\">2026-03-25 17:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation has been relatively tame so far this year, with the consumer price index rising 2.4% on an annual basis in each of the past two months. The outlook for the coming months is a lot less benign, however.</p><p>The surge in oil prices since the Feb. 28 start of the war with Iran is set to drive headline inflation back up to 4% in coming months. Even if oil retreats to well below $100 a barrel and the effects of tariffs moderate, inflation is unlikely to return to the Fed&#39;s 2% annual inflation target for at least a few years. Input costs are on the rise due to growing demand for artificial intelligence, firmer labor costs, and other factors.</p><p>Inflation has exceeded 2% for the past five years, as Fed Chair Jerome Powell acknowledged in a press briefing on March 18 after the Fed&#39;s latest policy meeting. Now the risk is growing that inflation expectations will become unanchored, meaning that households and businesses may come to doubt the Fed&#39;s ability to control it.</p><p>The price of Brent crude, the international oil benchmark, slipped back under $100 a barrel on Tuesday after President Donald Trump announced he would pause for five days a decision to strike Iran&#39;s power plants and energy infrastructure. But the joint U.S.-Israel war with Iran is likely to keep the Strait of Hormuz, a vital shipping lane, largely closed for at least several more weeks, if not months, curtailing global energy supply.</p><p>&#34;The situation is highly fluid, but the baseline would have to be at least several weeks, and possibly longer, because it is difficult to see where the common landing zone is,&#34; says Nick Redmond, director of analysis and editor in chief at Oxford Analytica.</p><p>Closure of the Strait and attacks on the Mideast&#39;s energy infrastructure sent oil prices up to nearly $120 a barrel from a range of $66 to $72 a barrel before the war began, although Brent crude, the international benchmark, now trades around $99. The increase in crude has lifted U.S. gasoline prices from around $2.90 a gallon in mid-February to a recent $3.98, according to AAA.</p><p>Gas prices surged nearly 22% in March, says Denton Cinquegrana, research and analysis director at OPIS, an oil-price reporting company owned by Dow Jones. That is the highest monthly percentage increase in the past 20 years.</p><p>Higher prices at the pump could boost headline CPI inflation by at least 1% in March, to 3.4%, says Alan Detmeister, executive director of Global Economic Research at UBS and a former Fed economist. He sees CPI inflation reaching 4% in April in what he calls &#34;a pretty massive move.&#34;</p><p>The Bureau of Labor Statistics is set to release the March CPI on April 10.</p><p>Even if the oil shock ends soon, the Fed could be looking at above-trend inflation for another few years due to structural changes in the economy, including deglobalization. &#34;The world has changed in a way that has led to an upward tug on inflation,&#34; says Karen Dynan, an economics professor at Harvard University and a senior fellow at the Peterson Institute for International Economics. &#34;That contrasts with the first two decades of the 21st century, when globalization and related forces had imparted a downward tug on inflation.</p><p>Barring a U.S. recession, which isn&#39;t widely expected, inflation is likely to be closer to 3% than 2% this year. Dynan notes that the effects of deglobalization, immigration restrictions, and the upward pressure on energy prices from the buildout of artificial-intelligence-focused datacenters all could lead to higher prices. Higher tariffs are already boosting goods prices as more companies pass on cost hikes this year.</p><p>Much of the drop in inflation from an annual peak of nearly 9% in 2022 owes to decelerating price growth -- and even price declines -- in goods. But the trend has reversed lately: Wholesale inflation measured by the producer price index has shown substantial gains in recent months, due in part to rising prices for diesel fuel, electronic components, industrial chemicals, and even meat. And the pressure in the pipeline isn&#39;t about to abate.</p><p>Any progress toward 2% inflation is likely to come from services, Detmeister says. Shelter inflation, in particular, is expected to trend substantially lower this year due to softening rent growth.</p><p>Surveys of renters and homeowners show that key shelter measures in the CPI -- owners&#39; equivalent of rent, and rent -- are cooling slowly, with timelier measures of market moves suggesting more moderation ahead, says Thomas Ryan, North America economist for Capital Economics. Shelter accounts for roughly 40% of the CPI basket (and a smaller percentage of the personal consumption expenditures price index, the Fed&#39;s preferred inflation measure), so it can do some &#34;heavy lifting&#34; in bringing inflation down, Ryan says.</p><p>Non-housing services inflation may be more problematic. It is highly sensitive to the broader economy, especially the labor market, which remains relatively tight and with decent wage growth. As a result, Detmeister forecasts that inflation won&#39;t fall sustainably to within a quarter of a percentage point of 2% until late 2028, as measured by core PCE inflation, excluding food and energy. Core PCE rose 3.1% year over year in January, the latest available reading, while headline PCE was up 2.8% in the month.</p><p>Services inflation overall has been stuck in a range materially above pre-Covid levels, driven by stronger demand and the lingering effects of high pandemic-era wage growth. The Trump administration&#39;s immigration curbs could lead to tighter labor conditions and more wage growth, pushing services inflation even higher, Dynan says.</p><p>To be sure, most economists and investors believe the recent run up in energy prices will be temporary. Additionally, consumer inflation expectations have remained largely well-anchored throughout the postpandemic inflation surge and its aftermath. That has given Fed officials comfort that inflation will gradually drift lower, keeping interest-rate hikes off the table.</p><p>Traders are pricing in only an 8% chance that the Fed will hike rates at its April 28-29 policy meeting, according to the CME&#39;s FedWatch tool. Still, a one-two punch of surging inflation and higher interest rates would be much more damaging to the U.S. economy than the recent spike in oil suggests.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DPST":"Direxion每日三倍做多区域银行股ETF","SHY":"债券指数ETF-iShares Barclays 1-3年国债","GOVT":"iShares安硕核心美国国债ETF","KBWB":"银行ETF-PowerShares","BK4550":"红杉资本持仓","BK4588":"碎股","KRE":"区域银行指数ETF-SPDR KBW","DBO":"原油ETF-PowerShares","IEF":"债券指数ETF-iShares Barclays 7-10年","BND":"债券指数ETF-Vanguard美国","DUG":"二倍做空石油与天然气ETF(ProShares)","BK4561":"索罗斯持仓","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","BIL":"债券指数ETF-SPDR Barclays美国1-3月国债","MUB":"美国市政债ETF-iShares","FAZ":"三倍做空金融ETF-Direxion","BK4581":"高盛持仓","SKRE":"TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF","BK4570":"地缘局势概念股","KRX":"KBW区域银行业指数","IEI":"iShares Barclays 3-7 Year Trea","USO":"美国原油ETF","BK4585":"ETF&股票定投概念","VFH":"Vanguard Financials ETF","TMF":"3倍做多20年期以上国债ETF-Direxion","XOP":"油气开采指数ETF-SPDR S&P","BOXX":"ALPHA ARCHITECT 1-3 MONTH BOX ETF","KBE":"银行指数ETF-SPDR KBW","XLF":"金融ETF","IAT":"安硕美国地区银行ETF","HYG":"债券指数ETF-iShares iBoxx高收益公司债","SHV":"美国短期国债ETF-iShares"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2622041500","content_text":"Inflation has been relatively tame so far this year, with the consumer price index rising 2.4% on an annual basis in each of the past two months. The outlook for the coming months is a lot less benign, however.The surge in oil prices since the Feb. 28 start of the war with Iran is set to drive headline inflation back up to 4% in coming months. Even if oil retreats to well below $100 a barrel and the effects of tariffs moderate, inflation is unlikely to return to the Fed's 2% annual inflation target for at least a few years. Input costs are on the rise due to growing demand for artificial intelligence, firmer labor costs, and other factors.Inflation has exceeded 2% for the past five years, as Fed Chair Jerome Powell acknowledged in a press briefing on March 18 after the Fed's latest policy meeting. Now the risk is growing that inflation expectations will become unanchored, meaning that households and businesses may come to doubt the Fed's ability to control it.The price of Brent crude, the international oil benchmark, slipped back under $100 a barrel on Tuesday after President Donald Trump announced he would pause for five days a decision to strike Iran's power plants and energy infrastructure. But the joint U.S.-Israel war with Iran is likely to keep the Strait of Hormuz, a vital shipping lane, largely closed for at least several more weeks, if not months, curtailing global energy supply.\"The situation is highly fluid, but the baseline would have to be at least several weeks, and possibly longer, because it is difficult to see where the common landing zone is,\" says Nick Redmond, director of analysis and editor in chief at Oxford Analytica.Closure of the Strait and attacks on the Mideast's energy infrastructure sent oil prices up to nearly $120 a barrel from a range of $66 to $72 a barrel before the war began, although Brent crude, the international benchmark, now trades around $99. The increase in crude has lifted U.S. gasoline prices from around $2.90 a gallon in mid-February to a recent $3.98, according to AAA.Gas prices surged nearly 22% in March, says Denton Cinquegrana, research and analysis director at OPIS, an oil-price reporting company owned by Dow Jones. That is the highest monthly percentage increase in the past 20 years.Higher prices at the pump could boost headline CPI inflation by at least 1% in March, to 3.4%, says Alan Detmeister, executive director of Global Economic Research at UBS and a former Fed economist. He sees CPI inflation reaching 4% in April in what he calls \"a pretty massive move.\"The Bureau of Labor Statistics is set to release the March CPI on April 10.Even if the oil shock ends soon, the Fed could be looking at above-trend inflation for another few years due to structural changes in the economy, including deglobalization. \"The world has changed in a way that has led to an upward tug on inflation,\" says Karen Dynan, an economics professor at Harvard University and a senior fellow at the Peterson Institute for International Economics. \"That contrasts with the first two decades of the 21st century, when globalization and related forces had imparted a downward tug on inflation.Barring a U.S. recession, which isn't widely expected, inflation is likely to be closer to 3% than 2% this year. Dynan notes that the effects of deglobalization, immigration restrictions, and the upward pressure on energy prices from the buildout of artificial-intelligence-focused datacenters all could lead to higher prices. Higher tariffs are already boosting goods prices as more companies pass on cost hikes this year.Much of the drop in inflation from an annual peak of nearly 9% in 2022 owes to decelerating price growth -- and even price declines -- in goods. But the trend has reversed lately: Wholesale inflation measured by the producer price index has shown substantial gains in recent months, due in part to rising prices for diesel fuel, electronic components, industrial chemicals, and even meat. And the pressure in the pipeline isn't about to abate.Any progress toward 2% inflation is likely to come from services, Detmeister says. Shelter inflation, in particular, is expected to trend substantially lower this year due to softening rent growth.Surveys of renters and homeowners show that key shelter measures in the CPI -- owners' equivalent of rent, and rent -- are cooling slowly, with timelier measures of market moves suggesting more moderation ahead, says Thomas Ryan, North America economist for Capital Economics. Shelter accounts for roughly 40% of the CPI basket (and a smaller percentage of the personal consumption expenditures price index, the Fed's preferred inflation measure), so it can do some \"heavy lifting\" in bringing inflation down, Ryan says.Non-housing services inflation may be more problematic. It is highly sensitive to the broader economy, especially the labor market, which remains relatively tight and with decent wage growth. As a result, Detmeister forecasts that inflation won't fall sustainably to within a quarter of a percentage point of 2% until late 2028, as measured by core PCE inflation, excluding food and energy. Core PCE rose 3.1% year over year in January, the latest available reading, while headline PCE was up 2.8% in the month.Services inflation overall has been stuck in a range materially above pre-Covid levels, driven by stronger demand and the lingering effects of high pandemic-era wage growth. The Trump administration's immigration curbs could lead to tighter labor conditions and more wage growth, pushing services inflation even higher, Dynan says.To be sure, most economists and investors believe the recent run up in energy prices will be temporary. Additionally, consumer inflation expectations have remained largely well-anchored throughout the postpandemic inflation surge and its aftermath. That has given Fed officials comfort that inflation will gradually drift lower, keeping interest-rate hikes off the table.Traders are pricing in only an 8% chance that the Fed will hike rates at its April 28-29 policy meeting, according to the CME's FedWatch tool. Still, a one-two punch of surging inflation and higher interest rates would be much more damaging to the U.S. economy than the recent spike in oil suggests.","news_type":1,"symbols_score_info":{"XOP":0.65,"KBE":0.84,"HYG":0.84,"MUB":0.84,"BOXX":0.84,"USO":0.65,"TLTW":0.6,"TMF":0.84,"SHV":0.84,"BIL":0.84,"KRX":0.6,"US12M.BOND":0.9,"SKRE":0.84,"XLF":0.6,"IAT":0.6,"VFH":0.6,"KRE":0.6,"FAZ":0.84,"SHY":0.84,"BND":0.84,"US5Y.BOND":0.9,"DBO":0.65,"US10Y.BOND":0.9,"DUG":0.65,"US30Y.BOND":0.9,"US2Y.BOND":0.9,"TNmain":0.6,"IEF":0.6,"US7Y.BOND":0.9,"GOVT":0.6,"KBWB":0.6,"US3Y.BOND":0.9,"ZBmain":0.6,"ZTmain":0.6,"IEI":0.6,"ZFmain":0.6,"US6M.BOND":0.9,"UBmain":0.6,"DPST":0.6}},"isVote":1,"tweetType":1,"viewCount":1623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":545654299275792,"gmtCreate":1774227424983,"gmtModify":1774227428906,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/11d50ec0d6202770a8629aa7f06a5d4f","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4131703342800552","idStr":"4131703342800552"},"themes":[],"title":"","htmlText":"Of course, no evidence is true...until the evidence shows up.&nbsp;[Happy]&nbsp;&nbsp;","listText":"Of course, no evidence is true...until the evidence shows up.&nbsp;[Happy]&nbsp;&nbsp;","text":"Of course, no evidence is true...until the evidence shows up. [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/545654299275792","repostId":"2621760445","repostType":2,"repost":{"id":"2621760445","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":1774098000,"share":"https://ttm.financial/m/news/2621760445?lang=en_US&edition=fundamental","pubTime":"2026-03-21 21:00","market":"hk","language":"en","title":"Jensen Huang once said there was 'no evidence' Nvidia chips were getting diverted to China. The scandal at Super Micro suggests otherwise.","url":"https://stock-news.laohu8.com/highlight/detail?id=2621760445","media":"Dow Jones","summary":"MW Jensen Huang once said there was 'no evidence' Nvidia chips were getting diverted to China. The scandal at Super Micro suggests otherwise.Experts say the case highlights how the industry appears to not have taken the issue of chip smuggling seriously. Super Micro's stock fell 33% on Friday in the wake of an export-control scandal.Last spring, Nvidia CEO Jensen Huang said there was \"no evidence\" the company's advanced artificial-intelligence chips were being diverted to China, amid U.S. efforts to clamp down on chip sales to that country over national-security concerns.\"These are massive systems,\" Huang explained to Bloomberg News. \"The Grace Blackwell system is nearly two tons, and so you're not going to be putting that in your pocket or your backpack anytime soon,\" he said, referring to the chip maker's latest-generation AI platform.\"The conduct by these individuals alleged in the indictment is a contravention of the company's policies and compliance controls, including efforts to ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Jensen Huang once said there was 'no evidence' <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> chips were getting diverted to China. The scandal at Super Micro suggests otherwise.\n</p>\n<p>\n  By Britney Nguyen and Hannah Pedone \n</p>\n<p>\n     Experts say the case highlights how the industry appears to not have taken the issue of chip smuggling seriously \n</p>\n<p>\n     Super Micro's stock fell 33% on Friday in the wake of an export-control scandal. \n</p>\n<p>\n     Last spring, Nvidia CEO Jensen Huang said there was \"no evidence\" the company's advanced artificial-intelligence chips were being diverted to China, amid U.S. efforts to clamp down on chip sales to that country over national-security concerns. \n</p>\n<p>\n     \"These are massive systems,\" Huang explained to Bloomberg News. \"The Grace Blackwell system is nearly two tons, and so you're not going to be putting that in your pocket or your backpack anytime soon,\" he said, referring to the chip maker's latest-generation AI platform. \n</p>\n<p>\n     Less than a year later, a scandal at Super Micro Computer <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> suggests it's a huge problem. \n</p>\n<p>\n     A federal indictment unsealed Thursday alleges that employees at Silicon Valley server maker Super Micro helped smuggle Nvidia's (NVDA) graphics processing units into China, in violation of strict U.S. export controls - making a sham of American policies meant to safeguard advanced semiconductor technology. \n</p>\n<p>\n     See more: Super Micro's stock sinks 33% after co-founder's indictment. Here are Wall Street's biggest questions. \n</p>\n<p>\n     Prosecutors allege that the defendants \"took extensive measures to conceal their scheme.\" For example, photos included in the indictment show the use of a hair dryer to move serial numbers to boxes of nonworking, replicated dummy servers in an attempt to mislead the U.S. Bureau of Industry and Security - the U.S. Commerce Department agency that is charged with enforcing export controls. \n</p>\n<p>\n     Those involved in the scheme allegedly helped a Southeast Asian company place orders for servers of Nvidia's Blackwell and Hopper chips, both of which are restricted for sale to China. In this manner, the Southeast Asian company moved about $2.5 billion of servers to China, according to the indictment. \n</p>\n<p>\n     Super Micro, which is not named as a defendant in the suit, \"profited significantly from the sale of servers\" to the Southeast Asian company that eventually repackaged them to ship to China, according to the lawsuit, which was filed in U.S. District Court for the Southern District of New York. \n</p>\n<p>\n     Federal prosecutors charged three men - Yih-Shyan \"Wally\" Liaw, Super Micro's co-founder and senior vice president of business development; Ruei-Tsang \"Steven\" Chang, a Super Micro sales manager in Taiwan; and Ting-Wei \"Willy\" Sun, a Super Micro contractor - with conspiracy to violate the Export Control Reform Act. \n</p>\n<p>\n     \"The conduct by these individuals alleged in the indictment is a contravention of the company's policies and compliance controls, including efforts to circumvent applicable export control laws and regulations,\" Super Micro said in a statement Thursday following the indictment. \n</p>\n<p>\n     On Friday, the company said in a statement that Liaw had resigned from its board of directors. \n</p>\n<p>\n     Policy experts say the case highlights the ways in which the movement of advanced chips is a serious problem that the industry appears to have taken very unseriously. \n</p>\n<p>\n     \"The idea that this is something they can handle, I think that has been proven wrong,\" Chris McGuire, a senior fellow at the Council on Foreign Relations, said of U.S. chipmakers' efforts to control movement of their wares to China. \n</p>\n<p>\n     As for Huang's comments about Nvidia's systems being hard to smuggle, McGuire noted that the company's technology is incredibly valuable - therefore making it \"extremely worthwhile\" for those looking to access the technology to develop a way to do so, especially when there's a lot of money involved. The Super Micro case is evidence of this, said McGuire, who served as senior director for technology and national security at the <a href=\"https://laohu8.com/S/NSEC\">National Security</a> Council during the Biden administration. \n</p>\n<p>\n     \"This was a sustained operation that involved $2.5 billion worth of sales, tens of thousands of chips, dummy servers to throw off the scent of investigators, and multiple clients and shell companies in different countries,\" McGuire said. \n</p>\n<p>\n     \"Super Micro's compliance regime, Nvidia's compliance regime - they all failed here,\" he added. \"They failed to catch a $2.5 billion smuggling ring until the Department of Justice intervened.\" \n</p>\n<p>\n     Nvidia said in a statement shared with MarketWatch that \"strict compliance is a top priority,\" and that it is working with its customers and the government to comply with changing export regulations. \n</p>\n<p>\n     \"Unlawful diversion of controlled U.S. computers to China is a losing proposition across the board - Nvidia does not provide any service or support for such systems, and the enforcement mechanisms are rigorous and effective,\" the company said. \n</p>\n<p>\n     Policymakers have tried to stop the flow of advanced chips to China for years \n</p>\n<p>\n     Policymakers have been working for years to try to prevent China from getting access to advanced U.S.-made chips amid rising tensions between the countries. \n</p>\n<p>\n     Nvidia's advanced AI chips were placed under U.S. export controls by the Biden administration in October 2022, thereby restricting unlicensed sales to companies in China. The measures were put in place out of concern that the chips would be used to advance the country's technological and military capabilities. \n</p>\n<p>\n     Read on: How Nvidia's H20 chip found itself at the center of the U.S.-China trade war \n</p>\n<p>\n     In response, Nvidia has developed weaker versions of its chips to meet export-control requirements, thereby allowing it to sell to Chinese customers. After Nvidia's H20 chip was banned for sale to China last April, however, the chip maker found itself in a back-and-forth with the current Trump administration. The company now has permission to sell its more advanced H200 chips to some customers in China. While the H200 has been used by U.S. firms including OpenAI and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), it's no longer the most powerful chip that Nvidia sells. \n</p>\n<p>\n     The federal indictment makes clear that there's intense demand for U.S. chips among Chinese AI firms, Jack Burnham, a research analyst at the Foundation for Defense of Democracies, told MarketWatch in an interview. \n</p>\n<p>\n     \"Multiple industry players over time, particularly Nvidia, have argued that smuggling or diffusion of AI technologies to China were tall tales,\" Burnham said. \"When you have a senior executive in a major American firm allegedly participating in this type of behavior, I think it really calls into question what is the industry doing to police itself, and when the government may need to step in to take a stronger hand in preventing the diffusion of these technologies.\" \n</p>\n<p>\n     The alleged scheme is \"probably the largest export-control violation ever in terms of dollar value,\" Erich Grunewald, a senior researcher at the Institute for AI Policy and <a href=\"https://laohu8.com/S/MSTR\">Strategy</a>, told MarketWatch in emailed comments. \n</p>\n<p>\n     Hanna Dohmen, a senior research analyst at Georgetown University's Center for Security and Emerging Technology, said such efforts demonstrate that enforcing export controls on chips and chip-manufacturing equipment should be a priority for the U.S. government. \n</p>\n<p>\n     \"This also highlights limitations of the current export-control system,\" she added in emailed comments. \"Verifying the end uses and end users of products sold by companies like Super Micro remains a challenge, and diversion through Southeast Asian intermediaries continues to be a recurring issue.\" \n</p>\n<p>\n     -Britney Nguyen -Hannah Pedone \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2026 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Jensen Huang once said there was 'no evidence' Nvidia chips were getting diverted to China. The scandal at Super Micro suggests otherwise.</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\">\nJensen Huang once said there was 'no evidence' Nvidia chips were getting diverted to China. The scandal at Super Micro suggests otherwise.\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\">2026-03-21 21:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Jensen Huang once said there was 'no evidence' <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> chips were getting diverted to China. The scandal at Super Micro suggests otherwise.\n</p>\n<p>\n  By Britney Nguyen and Hannah Pedone \n</p>\n<p>\n     Experts say the case highlights how the industry appears to not have taken the issue of chip smuggling seriously \n</p>\n<p>\n     Super Micro's stock fell 33% on Friday in the wake of an export-control scandal. \n</p>\n<p>\n     Last spring, Nvidia CEO Jensen Huang said there was \"no evidence\" the company's advanced artificial-intelligence chips were being diverted to China, amid U.S. efforts to clamp down on chip sales to that country over national-security concerns. \n</p>\n<p>\n     \"These are massive systems,\" Huang explained to Bloomberg News. \"The Grace Blackwell system is nearly two tons, and so you're not going to be putting that in your pocket or your backpack anytime soon,\" he said, referring to the chip maker's latest-generation AI platform. \n</p>\n<p>\n     Less than a year later, a scandal at Super Micro Computer <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> suggests it's a huge problem. \n</p>\n<p>\n     A federal indictment unsealed Thursday alleges that employees at Silicon Valley server maker Super Micro helped smuggle Nvidia's (NVDA) graphics processing units into China, in violation of strict U.S. export controls - making a sham of American policies meant to safeguard advanced semiconductor technology. \n</p>\n<p>\n     See more: Super Micro's stock sinks 33% after co-founder's indictment. Here are Wall Street's biggest questions. \n</p>\n<p>\n     Prosecutors allege that the defendants \"took extensive measures to conceal their scheme.\" For example, photos included in the indictment show the use of a hair dryer to move serial numbers to boxes of nonworking, replicated dummy servers in an attempt to mislead the U.S. Bureau of Industry and Security - the U.S. Commerce Department agency that is charged with enforcing export controls. \n</p>\n<p>\n     Those involved in the scheme allegedly helped a Southeast Asian company place orders for servers of Nvidia's Blackwell and Hopper chips, both of which are restricted for sale to China. In this manner, the Southeast Asian company moved about $2.5 billion of servers to China, according to the indictment. \n</p>\n<p>\n     Super Micro, which is not named as a defendant in the suit, \"profited significantly from the sale of servers\" to the Southeast Asian company that eventually repackaged them to ship to China, according to the lawsuit, which was filed in U.S. District Court for the Southern District of New York. \n</p>\n<p>\n     Federal prosecutors charged three men - Yih-Shyan \"Wally\" Liaw, Super Micro's co-founder and senior vice president of business development; Ruei-Tsang \"Steven\" Chang, a Super Micro sales manager in Taiwan; and Ting-Wei \"Willy\" Sun, a Super Micro contractor - with conspiracy to violate the Export Control Reform Act. \n</p>\n<p>\n     \"The conduct by these individuals alleged in the indictment is a contravention of the company's policies and compliance controls, including efforts to circumvent applicable export control laws and regulations,\" Super Micro said in a statement Thursday following the indictment. \n</p>\n<p>\n     On Friday, the company said in a statement that Liaw had resigned from its board of directors. \n</p>\n<p>\n     Policy experts say the case highlights the ways in which the movement of advanced chips is a serious problem that the industry appears to have taken very unseriously. \n</p>\n<p>\n     \"The idea that this is something they can handle, I think that has been proven wrong,\" Chris McGuire, a senior fellow at the Council on Foreign Relations, said of U.S. chipmakers' efforts to control movement of their wares to China. \n</p>\n<p>\n     As for Huang's comments about Nvidia's systems being hard to smuggle, McGuire noted that the company's technology is incredibly valuable - therefore making it \"extremely worthwhile\" for those looking to access the technology to develop a way to do so, especially when there's a lot of money involved. The Super Micro case is evidence of this, said McGuire, who served as senior director for technology and national security at the <a href=\"https://laohu8.com/S/NSEC\">National Security</a> Council during the Biden administration. \n</p>\n<p>\n     \"This was a sustained operation that involved $2.5 billion worth of sales, tens of thousands of chips, dummy servers to throw off the scent of investigators, and multiple clients and shell companies in different countries,\" McGuire said. \n</p>\n<p>\n     \"Super Micro's compliance regime, Nvidia's compliance regime - they all failed here,\" he added. \"They failed to catch a $2.5 billion smuggling ring until the Department of Justice intervened.\" \n</p>\n<p>\n     Nvidia said in a statement shared with MarketWatch that \"strict compliance is a top priority,\" and that it is working with its customers and the government to comply with changing export regulations. \n</p>\n<p>\n     \"Unlawful diversion of controlled U.S. computers to China is a losing proposition across the board - Nvidia does not provide any service or support for such systems, and the enforcement mechanisms are rigorous and effective,\" the company said. \n</p>\n<p>\n     Policymakers have tried to stop the flow of advanced chips to China for years \n</p>\n<p>\n     Policymakers have been working for years to try to prevent China from getting access to advanced U.S.-made chips amid rising tensions between the countries. \n</p>\n<p>\n     Nvidia's advanced AI chips were placed under U.S. export controls by the Biden administration in October 2022, thereby restricting unlicensed sales to companies in China. The measures were put in place out of concern that the chips would be used to advance the country's technological and military capabilities. \n</p>\n<p>\n     Read on: How Nvidia's H20 chip found itself at the center of the U.S.-China trade war \n</p>\n<p>\n     In response, Nvidia has developed weaker versions of its chips to meet export-control requirements, thereby allowing it to sell to Chinese customers. After Nvidia's H20 chip was banned for sale to China last April, however, the chip maker found itself in a back-and-forth with the current Trump administration. The company now has permission to sell its more advanced H200 chips to some customers in China. While the H200 has been used by U.S. firms including OpenAI and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), it's no longer the most powerful chip that Nvidia sells. \n</p>\n<p>\n     The federal indictment makes clear that there's intense demand for U.S. chips among Chinese AI firms, Jack Burnham, a research analyst at the Foundation for Defense of Democracies, told MarketWatch in an interview. \n</p>\n<p>\n     \"Multiple industry players over time, particularly Nvidia, have argued that smuggling or diffusion of AI technologies to China were tall tales,\" Burnham said. \"When you have a senior executive in a major American firm allegedly participating in this type of behavior, I think it really calls into question what is the industry doing to police itself, and when the government may need to step in to take a stronger hand in preventing the diffusion of these technologies.\" \n</p>\n<p>\n     The alleged scheme is \"probably the largest export-control violation ever in terms of dollar value,\" Erich Grunewald, a senior researcher at the Institute for AI Policy and <a href=\"https://laohu8.com/S/MSTR\">Strategy</a>, told MarketWatch in emailed comments. \n</p>\n<p>\n     Hanna Dohmen, a senior research analyst at Georgetown University's Center for Security and Emerging Technology, said such efforts demonstrate that enforcing export controls on chips and chip-manufacturing equipment should be a priority for the U.S. government. \n</p>\n<p>\n     \"This also highlights limitations of the current export-control system,\" she added in emailed comments. \"Verifying the end uses and end users of products sold by companies like Super Micro remains a challenge, and diversion through Southeast Asian intermediaries continues to be a recurring issue.\" \n</p>\n<p>\n     -Britney Nguyen -Hannah Pedone \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2026 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4598":"佩洛西持仓","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","LU1202635105.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AM\" (USDHDG) INC","LU1697837992.HKD":"BGF DYNAMIC HIGH INCOME \"A6\" (HKDHDG) INC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","SMCC":"Defiance Leveraged Long + Income SMCI ETF","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","SMCL":"2倍做多SMCI ETF-Graniteshares","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - 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The scandal at Super Micro suggests otherwise.\n\n\n  By Britney Nguyen and Hannah Pedone \n\n\n     Experts say the case highlights how the industry appears to not have taken the issue of chip smuggling seriously \n\n\n     Super Micro's stock fell 33% on Friday in the wake of an export-control scandal. \n\n\n     Last spring, Nvidia CEO Jensen Huang said there was \"no evidence\" the company's advanced artificial-intelligence chips were being diverted to China, amid U.S. efforts to clamp down on chip sales to that country over national-security concerns. \n\n\n     \"These are massive systems,\" Huang explained to Bloomberg News. \"The Grace Blackwell system is nearly two tons, and so you're not going to be putting that in your pocket or your backpack anytime soon,\" he said, referring to the chip maker's latest-generation AI platform. \n\n\n     Less than a year later, a scandal at Super Micro Computer $(SMCI)$ suggests it's a huge problem. \n\n\n     A federal indictment unsealed Thursday alleges that employees at Silicon Valley server maker Super Micro helped smuggle Nvidia's (NVDA) graphics processing units into China, in violation of strict U.S. export controls - making a sham of American policies meant to safeguard advanced semiconductor technology. \n\n\n     See more: Super Micro's stock sinks 33% after co-founder's indictment. Here are Wall Street's biggest questions. \n\n\n     Prosecutors allege that the defendants \"took extensive measures to conceal their scheme.\" For example, photos included in the indictment show the use of a hair dryer to move serial numbers to boxes of nonworking, replicated dummy servers in an attempt to mislead the U.S. Bureau of Industry and Security - the U.S. Commerce Department agency that is charged with enforcing export controls. \n\n\n     Those involved in the scheme allegedly helped a Southeast Asian company place orders for servers of Nvidia's Blackwell and Hopper chips, both of which are restricted for sale to China. In this manner, the Southeast Asian company moved about $2.5 billion of servers to China, according to the indictment. \n\n\n     Super Micro, which is not named as a defendant in the suit, \"profited significantly from the sale of servers\" to the Southeast Asian company that eventually repackaged them to ship to China, according to the lawsuit, which was filed in U.S. District Court for the Southern District of New York. \n\n\n     Federal prosecutors charged three men - Yih-Shyan \"Wally\" Liaw, Super Micro's co-founder and senior vice president of business development; Ruei-Tsang \"Steven\" Chang, a Super Micro sales manager in Taiwan; and Ting-Wei \"Willy\" Sun, a Super Micro contractor - with conspiracy to violate the Export Control Reform Act. \n\n\n     \"The conduct by these individuals alleged in the indictment is a contravention of the company's policies and compliance controls, including efforts to circumvent applicable export control laws and regulations,\" Super Micro said in a statement Thursday following the indictment. \n\n\n     On Friday, the company said in a statement that Liaw had resigned from its board of directors. \n\n\n     Policy experts say the case highlights the ways in which the movement of advanced chips is a serious problem that the industry appears to have taken very unseriously. \n\n\n     \"The idea that this is something they can handle, I think that has been proven wrong,\" Chris McGuire, a senior fellow at the Council on Foreign Relations, said of U.S. chipmakers' efforts to control movement of their wares to China. \n\n\n     As for Huang's comments about Nvidia's systems being hard to smuggle, McGuire noted that the company's technology is incredibly valuable - therefore making it \"extremely worthwhile\" for those looking to access the technology to develop a way to do so, especially when there's a lot of money involved. The Super Micro case is evidence of this, said McGuire, who served as senior director for technology and national security at the National Security Council during the Biden administration. \n\n\n     \"This was a sustained operation that involved $2.5 billion worth of sales, tens of thousands of chips, dummy servers to throw off the scent of investigators, and multiple clients and shell companies in different countries,\" McGuire said. \n\n\n     \"Super Micro's compliance regime, Nvidia's compliance regime - they all failed here,\" he added. \"They failed to catch a $2.5 billion smuggling ring until the Department of Justice intervened.\" \n\n\n     Nvidia said in a statement shared with MarketWatch that \"strict compliance is a top priority,\" and that it is working with its customers and the government to comply with changing export regulations. \n\n\n     \"Unlawful diversion of controlled U.S. computers to China is a losing proposition across the board - Nvidia does not provide any service or support for such systems, and the enforcement mechanisms are rigorous and effective,\" the company said. \n\n\n     Policymakers have tried to stop the flow of advanced chips to China for years \n\n\n     Policymakers have been working for years to try to prevent China from getting access to advanced U.S.-made chips amid rising tensions between the countries. \n\n\n     Nvidia's advanced AI chips were placed under U.S. export controls by the Biden administration in October 2022, thereby restricting unlicensed sales to companies in China. The measures were put in place out of concern that the chips would be used to advance the country's technological and military capabilities. \n\n\n     Read on: How Nvidia's H20 chip found itself at the center of the U.S.-China trade war \n\n\n     In response, Nvidia has developed weaker versions of its chips to meet export-control requirements, thereby allowing it to sell to Chinese customers. After Nvidia's H20 chip was banned for sale to China last April, however, the chip maker found itself in a back-and-forth with the current Trump administration. The company now has permission to sell its more advanced H200 chips to some customers in China. While the H200 has been used by U.S. firms including OpenAI and Meta Platforms (META), it's no longer the most powerful chip that Nvidia sells. \n\n\n     The federal indictment makes clear that there's intense demand for U.S. chips among Chinese AI firms, Jack Burnham, a research analyst at the Foundation for Defense of Democracies, told MarketWatch in an interview. \n\n\n     \"Multiple industry players over time, particularly Nvidia, have argued that smuggling or diffusion of AI technologies to China were tall tales,\" Burnham said. \"When you have a senior executive in a major American firm allegedly participating in this type of behavior, I think it really calls into question what is the industry doing to police itself, and when the government may need to step in to take a stronger hand in preventing the diffusion of these technologies.\" \n\n\n     The alleged scheme is \"probably the largest export-control violation ever in terms of dollar value,\" Erich Grunewald, a senior researcher at the Institute for AI Policy and Strategy, told MarketWatch in emailed comments. \n\n\n     Hanna Dohmen, a senior research analyst at Georgetown University's Center for Security and Emerging Technology, said such efforts demonstrate that enforcing export controls on chips and chip-manufacturing equipment should be a priority for the U.S. government. \n\n\n     \"This also highlights limitations of the current export-control system,\" she added in emailed comments. \"Verifying the end uses and end users of products sold by companies like Super Micro remains a challenge, and diversion through Southeast Asian intermediaries continues to be a recurring issue.\" \n\n\n     -Britney Nguyen -Hannah Pedone \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2026 09:00 ET (13:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"SMCI":1.97,"NVIW.SI":0.6,"3NVD.UK":0.6,"USD":0.81,"SNVD.UK":0.6,"NVDW":0.6,"SMCC":0.6,"2NVD.UK":0.6,"NVDS":0.6,"SMCY":0.6,"ANV":0.6,"SOXX":0.81,"NVD":0.6,"NVD2.UK":0.6,"NVDU":0.6,"DIPS":0.6,"SMYY":0.6,"NVDG":0.6,"NVDA":1.91,"SMCZ":0.6,"NVII":0.6,"NVDB":0.6,"NVDS.UK":0.6,"NVD3.UK":0.6,"SMCL":0.6,"NVDQ":0.6,"NVDY":0.6,"NVDX":0.6,"NVDD":0.6}},"isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":545496270680624,"gmtCreate":1774188844172,"gmtModify":1774188848142,"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567852837945728","idStr":"3567852837945728"},"themes":[],"title":"","htmlText":"He is one of the&nbsp;Few good men left standing ❗😂","listText":"He is one of the&nbsp;Few good men left standing ❗😂","text":"He is one of the Few good men left standing ❗😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/545496270680624","repostId":"2621957437","repostType":4,"repost":{"id":"2621957437","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":1774155600,"share":"https://ttm.financial/m/news/2621957437?lang=en_US&edition=fundamental","pubTime":"2026-03-22 13:00","market":"us","language":"en","title":"Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech","url":"https://stock-news.laohu8.com/highlight/detail?id=2621957437","media":"Dow Jones","summary":"Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday.","content":"<html><head></head><body><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.</p><p>The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.</p><p>Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.</p><p>“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”</p><p>“Our integrity is all we have,” Powell said when closing his speech.</p><p style=\"text-align: start;\">Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.</p><p>During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.</p><p style=\"text-align: start;\">Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.</p><p style=\"text-align: start;\">Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.</p><p style=\"text-align: start;\">But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.</p><p>The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”</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>Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech</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\">\nPowell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech\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\">2026-03-22 13:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.</p><p>The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.</p><p>Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.</p><p>“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”</p><p>“Our integrity is all we have,” Powell said when closing his speech.</p><p style=\"text-align: start;\">Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.</p><p>During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.</p><p style=\"text-align: start;\">Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.</p><p style=\"text-align: start;\">Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.</p><p style=\"text-align: start;\">But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.</p><p>The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TMF":"3倍做多20年期以上国债ETF-Direxion","BK4096":"电气部件与设备","BK4585":"ETF&股票定投概念","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF",".SPX":"S&P 500 Index","BK4588":"碎股",".DJI":"道琼斯","TLT":"20+年以上美国国债ETF-iShares"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2621957437","content_text":"Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”“Our integrity is all we have,” Powell said when closing his speech.Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”","news_type":1,"symbols_score_info":{".IXIC":2,"TLTW":0.6,"US10Y.BOND":1.5,".SPX":2,".DJI":2,"US5Y.BOND":1.5,"US6M.BOND":1.5,"US7Y.BOND":1.5,"US3Y.BOND":1.5,"US2Y.BOND":1.5,"TMF":0.6,"US12M.BOND":1.5,"US30Y.BOND":1.5,"TLT":2}},"isVote":1,"tweetType":1,"viewCount":992,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":545434626950016,"gmtCreate":1774173795482,"gmtModify":1774179520612,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/11d50ec0d6202770a8629aa7f06a5d4f","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4131703342800552","idStr":"4131703342800552"},"themes":[],"title":"","htmlText":"His successor already confirmed. It is Potus...who is also the president of Venezuela, Iran, Cuba and Greenland.&nbsp;[Facepalm]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","listText":"His successor already confirmed. It is Potus...who is also the president of Venezuela, Iran, Cuba and Greenland.&nbsp;[Facepalm]&nbsp;&nbsp;[Glance]&nbsp;&nbsp;[Surprised]&nbsp;&nbsp;","text":"His successor already confirmed. It is Potus...who is also the president of Venezuela, Iran, Cuba and Greenland. [Facepalm] [Glance] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/545434626950016","repostId":"2621957437","repostType":2,"repost":{"id":"2621957437","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":1774155600,"share":"https://ttm.financial/m/news/2621957437?lang=en_US&edition=fundamental","pubTime":"2026-03-22 13:00","market":"us","language":"en","title":"Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech","url":"https://stock-news.laohu8.com/highlight/detail?id=2621957437","media":"Dow Jones","summary":"Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday.","content":"<html><head></head><body><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.</p><p>The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.</p><p>Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.</p><p>“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”</p><p>“Our integrity is all we have,” Powell said when closing his speech.</p><p style=\"text-align: start;\">Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.</p><p>During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.</p><p style=\"text-align: start;\">Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.</p><p style=\"text-align: start;\">Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.</p><p style=\"text-align: start;\">But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.</p><p>The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”</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>Powell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech</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\">\nPowell Invokes Volcker’s Fight Against Inflation and Political Pressure in Award Speech\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\">2026-03-22 13:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.</p><p>The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.</p><p>Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.</p><p>“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”</p><p>“Our integrity is all we have,” Powell said when closing his speech.</p><p style=\"text-align: start;\">Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.</p><p>During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.</p><p style=\"text-align: start;\">Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.</p><p style=\"text-align: start;\">Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.</p><p style=\"text-align: start;\">But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.</p><p>The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TMF":"3倍做多20年期以上国债ETF-Direxion","BK4096":"电气部件与设备","BK4585":"ETF&股票定投概念","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF",".SPX":"S&P 500 Index","BK4588":"碎股",".DJI":"道琼斯","TLT":"20+年以上美国国债ETF-iShares"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2621957437","content_text":"Federal Reserve Chair Jerome Powell praised his predecessor Paul Volcker’s willingness to resist political pressure in a speech Saturday, days after indicating he would remain at the helm of the central bank past his May term expiration if his successor hasn’t been confirmed.The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence. They also come at a moment when Powell is weighing how his legacy will be shaped once he does step down.Accepting the Paul Volcker Public Integrity Award from the American Society for Public Administration, Powell called Volcker “perhaps our greatest public servant in the economic arena” and described Volcker’s fight against double-digit inflation in the early 1980s as a model of principled leadership. Volcker raised interest rates to levels that contributed to a recession and drew fierce criticism from Congress and the Reagan White House, but held his course until inflation broke.“His willingness to resist short-term pressures in the interest of achieving lasting price stability demonstrated the courage and long-term perspective that define principled public service,” Powell said. He added that Volcker’s career showed that “independence and integrity are inseparable.”“Our integrity is all we have,” Powell said when closing his speech.Powell didn’t mention Trump or the Justice Department’s ongoing criminal investigation of him, which centers on Powell’s congressional testimony about the Fed’s $2.5 billion headquarters renovation. Powell has called the probe a pretext to punish the central bank for not lowering interest rates on the president’s preferred timeline. A federal judge quashed the DOJ’s subpoenas last week, writing that the government had offered no real evidence of a crime, but U.S. Attorney Jeanine Pirro has said she would appeal.During a Wednesday press conference held after the Fed’s March policy decision to keep rates steady, Powell said that he would serve as chair pro-tem if Trump’s nominee to replace him, Kevin Warsh, isn’t confirmed by the time his term expires on May 15. Powell also said he has “no intention of leaving the board until the investigation is well and truly over with transparency and finality.” His seat on the Fed’s board of governors runs through January 2028.Warsh’s confirmation is currently stalled in the Senate. Sen. Thom Tillis, a Republican from North Carolina on the Banking Committee, has vowed to block any Fed nominee until the investigation is dropped, and all Democrats on the panel are also opposed to moving forward. The committee has yet to schedule a hearing.Powell’s own inflation fight has followed a different arc than Volcker’s. After the Fed was slow to respond to rising prices in 2021, Powell raised rates aggressively over the following two years and brought inflation down from above 9% to roughly 2.5% without causing a recession.But progress has recently stalled. Core inflation remains above the Fed’s 2% target, and the Iran war has introduced a supply shock that, in part, pushed the central bank to revise its 2026 inflation forecast upward to 2.7% at its March policy meeting. The Federal Open Market Committee voted 11-1 on Wednesday to hold interest rates steady for the second time this year.The Volcker award is given annually to recognize contributions to public administration. Powell is also set to receive the John F. Kennedy Profile in Courage Award on May 31 for, in the foundation’s words, “protecting the independence of the Federal Reserve.”","news_type":1,"symbols_score_info":{".IXIC":2,"TLTW":0.6,"US10Y.BOND":1.5,".SPX":2,".DJI":2,"US5Y.BOND":1.5,"US6M.BOND":1.5,"US7Y.BOND":1.5,"US3Y.BOND":1.5,"US2Y.BOND":1.5,"TMF":0.6,"US12M.BOND":1.5,"US30Y.BOND":1.5,"TLT":2}},"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":545405843564280,"gmtCreate":1774166792161,"gmtModify":1774166796959,"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567852837945728","idStr":"3567852837945728"},"themes":[],"title":"","htmlText":"Where are their Data Centers ❗❓ At Middle East ❗❓ They never tell you the risk ❗❓✌️😂","listText":"Where are their Data Centers ❗❓ At Middle East ❗❓ They never tell you the risk ❗❓✌️😂","text":"Where are their Data Centers ❗❓ At Middle East ❗❓ They never tell you the risk ❗❓✌️😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/545405843564280","repostId":"2621674627","repostType":2,"repost":{"id":"2621674627","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":1774148400,"share":"https://ttm.financial/m/news/2621674627?lang=en_US&edition=fundamental","pubTime":"2026-03-22 11:00","market":"us","language":"en","title":"Software Stocks Are in Bargain Territory — and That’s Reviving an Age-Old Debate","url":"https://stock-news.laohu8.com/highlight/detail?id=2621674627","media":"Dow Jones","summary":"Valuations have come way down for software stocks — but just how cheap they really are depends on your view of a sizable hidden expense.","content":"<html><head></head><body><p style=\"text-align: start;\">For years, fast-growing software stocks commanded lofty valuations. Investors unwilling to pay the price looked for cheap opportunities in sectors like utilities and energy.</p><p style=\"text-align: start;\">Artificial intelligence has flipped the script, turning software stocks cheap and energy stocks expensive. But even with historically low valuations, software companies still need to convince investors that they’re reasonably priced.</p><p>The AI-driven selloff “has helped bring software valuations to reasonable levels” for the first time in over five years, D.A. Davidson analyst Gil Luria wrote in a note earlier this month. The forward price-to-earnings multiple for the <a href=\"https://laohu8.com/S/IGV\">iShares Expanded Tech-Software Sector ETF</a> is currently 22, compared to its five-year average of 34, according to Dow Jones Market Data. Among the index’s 118 constituents, 73 are trading at 20% or less away from their five-year lows on the valuation metric.</p><p>Luria thinks all that is piquing the curiosity of value investors, who buy stocks they believe are trading at a discount to their intrinsic worth. But it’s also thrusting a decades-old accounting debate back into the spotlight. To some investors, software stocks may not be as inexpensive as they look when considering the murkiness of stock-based compensation — a heavy expense that gets stripped from many companies’ adjusted earnings metrics.</p><p>“All of a sudden, you have these software companies trading at very attractive valuations, at least on a cash-flow basis or an adjusted, non-GAAP basis,” Luria told MarketWatch, referring to financial metrics that deviate from Generally Accepted Accounting Principles. “But value investors are wondering if it’s really that cheap if you need to exclude stock-based compensation from the calculation.”</p><h3 id=\"id_839935770\" style=\"text-align: start;\">Accounting for stock-based compensation</h3><p style=\"text-align: start;\">It’s standard practice for public companies to report both GAAP and non-GAAP earnings. The latter refers to adjusted financial results that remove certain expenses the company deems noncore or noncash, such as stock-based compensation, one-time restructuring costs or the amortization of past acquisitions. Doing so can present a more normalized picture of a company’s financial performance.</p><p style=\"text-align: start;\">But critics argue these adjustments can be misleading. One of the biggest opponents is Warren Buffett, who famously asked in his 1998 shareholder letter: “If options aren’t a form of compensation, what are they? If compensation isn’t an expense, what is it?”</p><p style=\"text-align: start;\">Stock-based compensation is especially relevant for tech companies that make equity a big component of employee pay, Luria said. If a company promises an engineer $50,000 of stock over five years, GAAP accounting requires the company to record that as an upfront expense.</p><p style=\"text-align: start;\">But high employee turnover in the industry often prevents those shares from vesting, Luria pointed out. “And so, recognizing that $50,000 as a real cash expense in year one makes no sense,” he explained. Doing so would penalize some software companies for expenses that may not end up materializing to such an extreme degree, he added.</p><p style=\"text-align: start;\">Still, some tech giants have taken these complaints to heart recently. <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> announced on its earnings call last month that it would no longer exclude stock-based compensation from its adjusted operating expenses, starting with the current quarter. That makes <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> the only remaining “Magnificent Seven” name still adjusting out stock-based compensation.</p><p style=\"text-align: start;\">In the fiscal year ending January, Nvidia added back $6.4 billion of stock-based compensation to its net income of $120.1 billion. The impact is relatively small for Nvidia, but “high-growth, newer public companies and more software companies (over hardware) tend to have a higher percentage of revenue ‘spent’ on stock-based compensation,” Piper Sandler analyst James Fish wrote in a March note. Historically, stock-based compensation exceeding 10% of total revenue is perceived as “elevated,” Fish noted.</p><p style=\"text-align: start;\">Within Piper Sandler’s coverage of 24 digital infrastructure and connectivity software stocks, Fish flagged <a href=\"https://laohu8.com/S/SOUN\">SoundHound AI</a>, <a href=\"https://laohu8.com/S/NET\">Cloudflare</a>, <a href=\"https://laohu8.com/S/RBRK\">Rubrik</a>, <a href=\"https://laohu8.com/S/FSLY\">Fastly</a> and <a href=\"https://laohu8.com/S/IOT\">Samsara</a> as companies with the highest levels of stock-based compensation, or SBC, relative to revenue for calendar year 2025.</p><table style=\"border-collapse: collapse;\"><tbody><tr><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Name</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>SBC as % of revenue</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>GAAP net income</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Non-GAAP net income</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Share dilution (ex-buybacks)</strong></p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>SoundHound AI</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>48%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$14.0 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$53.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>7%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Rubrik</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>26%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$348.8 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$1.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>7%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Cloudflare</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>21%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$102.3 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$342.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>5%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Samsara</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>20%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$9.1 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$325.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>1%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Fastly</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>19%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$121.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$19.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>12%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td colspan=\"5\" style=\"text-align: right; vertical-align: middle;\"><p>Source: Piper Sandler, FactSet</p></td><td style=\"text-align: left; vertical-align: middle;\"><p></p></td></tr></tbody></table><p style=\"text-align: start;\">SoundHound recorded $80.6 million in stock-based compensation in 2025, amounting to almost half of its 2025 full-year revenue of $168.9 million. However, its GAAP net loss of $14.0 million was actually lower than its non-GAAP net loss of $53.9 million, due to the exclusion of a one-time gain related to the fair value of its warrant liabilities.</p><p style=\"text-align: start;\">For Cloudflare, Fastly and Samsara, excluding stock-based compensation allowed them to turn GAAP net losses into adjusted net profits for calendar 2025.</p><h3 id=\"id_3354343922\" style=\"text-align: start;\">Share dilution</h3><p style=\"text-align: start;\">Increased scrutiny of stock-based compensation typically intensifies as multiples compress and market fears mount, Fish told MarketWatch via email. He pushed back against the idea that a cohort of value investors is driving the current interest. Instead, the combination of declining valuations and increased investor uncertainty has historically signaled a market bottom, according to Fish.</p><p style=\"text-align: start;\">While investors may be tempted to value software stocks based on GAAP earnings to account for stock-based compensation, both Luria and Fish recommended looking at share dilution instead. When new shares are added to compensate employees, that dilutes the ownership stakes of existing shareholders. The median level of dilution across Piper Sandler’s digital infrastructure and connectivity basket is 2% — in line with what Morgan Stanley says is a healthy rate in the low single digits for mid- to large-cap companies.</p><p style=\"text-align: start;\">“For some companies, the dilution is very significant over time, and then you need to factor for that,” Luria said. “But for most companies, it’s actually not that significant, because only a small portion of the shares actually gets to the hands of those employees.”</p><p style=\"text-align: start;\">Specifically, investors should pay attention to dilution without accounting for the offsetting impact of share buybacks. Companies that buy their own outstanding shares from the open market can reduce the total supply and increase earnings per share — but it can be difficult to tell if management is buying back stock because executives believe shares are undervalued, or because they’re trying to offset the dilutive effects of stock-based compensation.</p><p style=\"text-align: start;\">In recent months, software companies like <a href=\"https://laohu8.com/S/NOW\">ServiceNow</a> and <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> have announced major share-buyback programs as they look to boost investor confidence amid the ongoing software selloff.</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>Software Stocks Are in Bargain Territory — and That’s Reviving an Age-Old Debate</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\">\nSoftware Stocks Are in Bargain Territory — and That’s Reviving an Age-Old Debate\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\">2026-03-22 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">For years, fast-growing software stocks commanded lofty valuations. Investors unwilling to pay the price looked for cheap opportunities in sectors like utilities and energy.</p><p style=\"text-align: start;\">Artificial intelligence has flipped the script, turning software stocks cheap and energy stocks expensive. But even with historically low valuations, software companies still need to convince investors that they’re reasonably priced.</p><p>The AI-driven selloff “has helped bring software valuations to reasonable levels” for the first time in over five years, D.A. Davidson analyst Gil Luria wrote in a note earlier this month. The forward price-to-earnings multiple for the <a href=\"https://laohu8.com/S/IGV\">iShares Expanded Tech-Software Sector ETF</a> is currently 22, compared to its five-year average of 34, according to Dow Jones Market Data. Among the index’s 118 constituents, 73 are trading at 20% or less away from their five-year lows on the valuation metric.</p><p>Luria thinks all that is piquing the curiosity of value investors, who buy stocks they believe are trading at a discount to their intrinsic worth. But it’s also thrusting a decades-old accounting debate back into the spotlight. To some investors, software stocks may not be as inexpensive as they look when considering the murkiness of stock-based compensation — a heavy expense that gets stripped from many companies’ adjusted earnings metrics.</p><p>“All of a sudden, you have these software companies trading at very attractive valuations, at least on a cash-flow basis or an adjusted, non-GAAP basis,” Luria told MarketWatch, referring to financial metrics that deviate from Generally Accepted Accounting Principles. “But value investors are wondering if it’s really that cheap if you need to exclude stock-based compensation from the calculation.”</p><h3 id=\"id_839935770\" style=\"text-align: start;\">Accounting for stock-based compensation</h3><p style=\"text-align: start;\">It’s standard practice for public companies to report both GAAP and non-GAAP earnings. The latter refers to adjusted financial results that remove certain expenses the company deems noncore or noncash, such as stock-based compensation, one-time restructuring costs or the amortization of past acquisitions. Doing so can present a more normalized picture of a company’s financial performance.</p><p style=\"text-align: start;\">But critics argue these adjustments can be misleading. One of the biggest opponents is Warren Buffett, who famously asked in his 1998 shareholder letter: “If options aren’t a form of compensation, what are they? If compensation isn’t an expense, what is it?”</p><p style=\"text-align: start;\">Stock-based compensation is especially relevant for tech companies that make equity a big component of employee pay, Luria said. If a company promises an engineer $50,000 of stock over five years, GAAP accounting requires the company to record that as an upfront expense.</p><p style=\"text-align: start;\">But high employee turnover in the industry often prevents those shares from vesting, Luria pointed out. “And so, recognizing that $50,000 as a real cash expense in year one makes no sense,” he explained. Doing so would penalize some software companies for expenses that may not end up materializing to such an extreme degree, he added.</p><p style=\"text-align: start;\">Still, some tech giants have taken these complaints to heart recently. <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> announced on its earnings call last month that it would no longer exclude stock-based compensation from its adjusted operating expenses, starting with the current quarter. That makes <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> the only remaining “Magnificent Seven” name still adjusting out stock-based compensation.</p><p style=\"text-align: start;\">In the fiscal year ending January, Nvidia added back $6.4 billion of stock-based compensation to its net income of $120.1 billion. The impact is relatively small for Nvidia, but “high-growth, newer public companies and more software companies (over hardware) tend to have a higher percentage of revenue ‘spent’ on stock-based compensation,” Piper Sandler analyst James Fish wrote in a March note. Historically, stock-based compensation exceeding 10% of total revenue is perceived as “elevated,” Fish noted.</p><p style=\"text-align: start;\">Within Piper Sandler’s coverage of 24 digital infrastructure and connectivity software stocks, Fish flagged <a href=\"https://laohu8.com/S/SOUN\">SoundHound AI</a>, <a href=\"https://laohu8.com/S/NET\">Cloudflare</a>, <a href=\"https://laohu8.com/S/RBRK\">Rubrik</a>, <a href=\"https://laohu8.com/S/FSLY\">Fastly</a> and <a href=\"https://laohu8.com/S/IOT\">Samsara</a> as companies with the highest levels of stock-based compensation, or SBC, relative to revenue for calendar year 2025.</p><table style=\"border-collapse: collapse;\"><tbody><tr><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Name</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>SBC as % of revenue</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>GAAP net income</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Non-GAAP net income</strong></p></td><td style=\"text-align: center; vertical-align: middle;\"><p><strong>Share dilution (ex-buybacks)</strong></p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>SoundHound AI</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>48%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$14.0 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$53.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>7%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Rubrik</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>26%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$348.8 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$1.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>7%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Cloudflare</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>21%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$102.3 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$342.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>5%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Samsara</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>20%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$9.1 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$325.9 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>1%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td style=\"text-align: left; vertical-align: middle;\"><p>Fastly</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>19%</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>-$121.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>$19.7 million</p></td><td style=\"text-align: right; vertical-align: middle;\"><p>12%</p></td><td style=\"text-align: left;\"><p></p></td></tr><tr><td colspan=\"5\" style=\"text-align: right; vertical-align: middle;\"><p>Source: Piper Sandler, FactSet</p></td><td style=\"text-align: left; vertical-align: middle;\"><p></p></td></tr></tbody></table><p style=\"text-align: start;\">SoundHound recorded $80.6 million in stock-based compensation in 2025, amounting to almost half of its 2025 full-year revenue of $168.9 million. However, its GAAP net loss of $14.0 million was actually lower than its non-GAAP net loss of $53.9 million, due to the exclusion of a one-time gain related to the fair value of its warrant liabilities.</p><p style=\"text-align: start;\">For Cloudflare, Fastly and Samsara, excluding stock-based compensation allowed them to turn GAAP net losses into adjusted net profits for calendar 2025.</p><h3 id=\"id_3354343922\" style=\"text-align: start;\">Share dilution</h3><p style=\"text-align: start;\">Increased scrutiny of stock-based compensation typically intensifies as multiples compress and market fears mount, Fish told MarketWatch via email. He pushed back against the idea that a cohort of value investors is driving the current interest. Instead, the combination of declining valuations and increased investor uncertainty has historically signaled a market bottom, according to Fish.</p><p style=\"text-align: start;\">While investors may be tempted to value software stocks based on GAAP earnings to account for stock-based compensation, both Luria and Fish recommended looking at share dilution instead. When new shares are added to compensate employees, that dilutes the ownership stakes of existing shareholders. The median level of dilution across Piper Sandler’s digital infrastructure and connectivity basket is 2% — in line with what Morgan Stanley says is a healthy rate in the low single digits for mid- to large-cap companies.</p><p style=\"text-align: start;\">“For some companies, the dilution is very significant over time, and then you need to factor for that,” Luria said. “But for most companies, it’s actually not that significant, because only a small portion of the shares actually gets to the hands of those employees.”</p><p style=\"text-align: start;\">Specifically, investors should pay attention to dilution without accounting for the offsetting impact of share buybacks. Companies that buy their own outstanding shares from the open market can reduce the total supply and increase earnings per share — but it can be difficult to tell if management is buying back stock because executives believe shares are undervalued, or because they’re trying to offset the dilutive effects of stock-based compensation.</p><p style=\"text-align: start;\">In recent months, software companies like <a href=\"https://laohu8.com/S/NOW\">ServiceNow</a> and <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> have announced major share-buyback programs as they look to boost investor confidence amid the ongoing software selloff.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IGV":"北美软件ETF-iShares","SHOP":"Shopify Inc","NET":"Cloudflare, Inc.","NOW":"ServiceNow","FSLY":"Fastly, Inc.","RBRK":"Rubrik Inc.","IOT":"Samsara, Inc.","SOUN":"SoundHound AI Inc"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2621674627","content_text":"For years, fast-growing software stocks commanded lofty valuations. Investors unwilling to pay the price looked for cheap opportunities in sectors like utilities and energy.Artificial intelligence has flipped the script, turning software stocks cheap and energy stocks expensive. But even with historically low valuations, software companies still need to convince investors that they’re reasonably priced.The AI-driven selloff “has helped bring software valuations to reasonable levels” for the first time in over five years, D.A. Davidson analyst Gil Luria wrote in a note earlier this month. The forward price-to-earnings multiple for the iShares Expanded Tech-Software Sector ETF is currently 22, compared to its five-year average of 34, according to Dow Jones Market Data. Among the index’s 118 constituents, 73 are trading at 20% or less away from their five-year lows on the valuation metric.Luria thinks all that is piquing the curiosity of value investors, who buy stocks they believe are trading at a discount to their intrinsic worth. But it’s also thrusting a decades-old accounting debate back into the spotlight. To some investors, software stocks may not be as inexpensive as they look when considering the murkiness of stock-based compensation — a heavy expense that gets stripped from many companies’ adjusted earnings metrics.“All of a sudden, you have these software companies trading at very attractive valuations, at least on a cash-flow basis or an adjusted, non-GAAP basis,” Luria told MarketWatch, referring to financial metrics that deviate from Generally Accepted Accounting Principles. “But value investors are wondering if it’s really that cheap if you need to exclude stock-based compensation from the calculation.”Accounting for stock-based compensationIt’s standard practice for public companies to report both GAAP and non-GAAP earnings. The latter refers to adjusted financial results that remove certain expenses the company deems noncore or noncash, such as stock-based compensation, one-time restructuring costs or the amortization of past acquisitions. Doing so can present a more normalized picture of a company’s financial performance.But critics argue these adjustments can be misleading. One of the biggest opponents is Warren Buffett, who famously asked in his 1998 shareholder letter: “If options aren’t a form of compensation, what are they? If compensation isn’t an expense, what is it?”Stock-based compensation is especially relevant for tech companies that make equity a big component of employee pay, Luria said. If a company promises an engineer $50,000 of stock over five years, GAAP accounting requires the company to record that as an upfront expense.But high employee turnover in the industry often prevents those shares from vesting, Luria pointed out. “And so, recognizing that $50,000 as a real cash expense in year one makes no sense,” he explained. Doing so would penalize some software companies for expenses that may not end up materializing to such an extreme degree, he added.Still, some tech giants have taken these complaints to heart recently. Nvidia announced on its earnings call last month that it would no longer exclude stock-based compensation from its adjusted operating expenses, starting with the current quarter. That makes Tesla the only remaining “Magnificent Seven” name still adjusting out stock-based compensation.In the fiscal year ending January, Nvidia added back $6.4 billion of stock-based compensation to its net income of $120.1 billion. The impact is relatively small for Nvidia, but “high-growth, newer public companies and more software companies (over hardware) tend to have a higher percentage of revenue ‘spent’ on stock-based compensation,” Piper Sandler analyst James Fish wrote in a March note. Historically, stock-based compensation exceeding 10% of total revenue is perceived as “elevated,” Fish noted.Within Piper Sandler’s coverage of 24 digital infrastructure and connectivity software stocks, Fish flagged SoundHound AI, Cloudflare, Rubrik, Fastly and Samsara as companies with the highest levels of stock-based compensation, or SBC, relative to revenue for calendar year 2025.NameSBC as % of revenueGAAP net incomeNon-GAAP net incomeShare dilution (ex-buybacks)SoundHound AI48%-$14.0 million-$53.9 million7%Rubrik26%-$348.8 million-$1.7 million7%Cloudflare21%-$102.3 million$342.9 million5%Samsara20%-$9.1 million$325.9 million1%Fastly19%-$121.7 million$19.7 million12%Source: Piper Sandler, FactSetSoundHound recorded $80.6 million in stock-based compensation in 2025, amounting to almost half of its 2025 full-year revenue of $168.9 million. However, its GAAP net loss of $14.0 million was actually lower than its non-GAAP net loss of $53.9 million, due to the exclusion of a one-time gain related to the fair value of its warrant liabilities.For Cloudflare, Fastly and Samsara, excluding stock-based compensation allowed them to turn GAAP net losses into adjusted net profits for calendar 2025.Share dilutionIncreased scrutiny of stock-based compensation typically intensifies as multiples compress and market fears mount, Fish told MarketWatch via email. He pushed back against the idea that a cohort of value investors is driving the current interest. Instead, the combination of declining valuations and increased investor uncertainty has historically signaled a market bottom, according to Fish.While investors may be tempted to value software stocks based on GAAP earnings to account for stock-based compensation, both Luria and Fish recommended looking at share dilution instead. When new shares are added to compensate employees, that dilutes the ownership stakes of existing shareholders. The median level of dilution across Piper Sandler’s digital infrastructure and connectivity basket is 2% — in line with what Morgan Stanley says is a healthy rate in the low single digits for mid- to large-cap companies.“For some companies, the dilution is very significant over time, and then you need to factor for that,” Luria said. “But for most companies, it’s actually not that significant, because only a small portion of the shares actually gets to the hands of those employees.”Specifically, investors should pay attention to dilution without accounting for the offsetting impact of share buybacks. Companies that buy their own outstanding shares from the open market can reduce the total supply and increase earnings per share — but it can be difficult to tell if management is buying back stock because executives believe shares are undervalued, or because they’re trying to offset the dilutive effects of stock-based compensation.In recent months, software companies like ServiceNow and Shopify have announced major share-buyback programs as they look to boost investor confidence amid the ongoing software selloff.","news_type":1,"symbols_score_info":{"SOUN":2,"FSLY":2,"IGV":2,"RBRK":2,"SHOP":2,"NET":2,"IOT":2,"NOW":2}},"isVote":1,"tweetType":1,"viewCount":1068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":544856034854280,"gmtCreate":1774032540565,"gmtModify":1774032544659,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Merlin Spear","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088555865224950","idStr":"4088555865224950"},"themes":[],"title":"","htmlText":"The market rather Micron than Nvdia and Palantir","listText":"The market rather Micron than Nvdia and Palantir","text":"The market rather Micron than Nvdia and Palantir","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/544856034854280","repostId":"2621221755","repostType":2,"repost":{"id":"2621221755","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":1774030500,"share":"https://ttm.financial/m/news/2621221755?lang=en_US&edition=fundamental","pubTime":"2026-03-21 02:15","market":"sh","language":"en","title":"Why Nvidia Stock Is Stuck in a Trading Range -- and What Could Finally Break It Out -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2621221755","media":"Dow Jones","summary":"Nvidia just can't seem to impress the market any more. Three major potential catalysts for the chip maker's shares have come and gone without making an impression, but investors still have cause to be patient.First came Nvidia's blowout earnings late last month. Then there was this week's GTC conference where Nvidia showed how it will maintain its dominance in the next generation of artificial-intelligence hardware and gave a headline $1 trillion revenue forecast. And finally, Nvidia executives disclosed this week that sales of its chips to China finally look to be unblocked.All to no avail. Nvidia stock looks set to end the week lower than it started, trading down by 2.2% at $174.68 on Friday afternoon. That would be the stock's lowest close since Feb. 5. It had been stuck in a trading range of roughly $180 to $190 for weeks.\"While Nvidia is confident in its demand momentum, the [GTC] conference did little to address key investor concerns about the sustainability of AI spending by the","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Adam Clark \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> just can't seem to impress the market any more. Three major potential catalysts for the chip maker's shares have come and gone without making an impression, but investors still have cause to be patient. \n</p>\n<p>\n  First came Nvidia's blowout earnings late last month. Then there was this week's GTC conference where Nvidia showed how it will maintain its dominance in the next generation of artificial-intelligence hardware and gave a headline $1 trillion revenue forecast. And finally, Nvidia executives disclosed this week that sales of its chips to China finally look to be unblocked. \n</p>\n<p>\n  All to no avail. Nvidia stock looks set to end the week lower than it started, trading down by 2.2% at $174.68 on Friday afternoon. That would be the stock's lowest close since Feb. 5. It had been stuck in a trading range of roughly $180 to $190 for weeks. \n</p>\n<p>\n  Ultimately the problem isn't with Nvidia itself, but rather the lack of certainty in the market about the return on AI investment for its customers. \n</p>\n<p>\n  \"While Nvidia is confident in its demand momentum, the [GTC] conference did little to address key investor concerns about the sustainability of AI spending by the hyperscalers -- particularly as they run out of free cash flows and tap debt capital markets for additional financing,\" wrote William Blair analyst Sebastien Naji in a research note. \n</p>\n<p>\n  That's an uncomfortable situation for Nvidia, but it also means that there's significant potential for the stock to start moving again if investors recognize there's a broader range of customers than the large U.S. technology companies. \n</p>\n<p>\n  Of Nvidia's $1 trillion revenue forecast for its Blackwell and Rubin hardware through 2027, 60% is coming from the so-called hyperscalers -- the largest cloud computing companies. The other 40% is driven by smaller customers, including industrial customers. \n</p>\n<p>\n  That means there's a lot of space for other major customers to emerge. Look at <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>.com co-founder Jeff Bezos, who is in talks to raise $100 billion for a fund to acquire manufacturing companies and transform them with AI, according to The Wall Street Journal. Such a vehicle for automation could easily emerge as Nvidia's next big buyer of chips. \n</p>\n<p>\n  Nvidia might not be able to help itself right now. But one big announcement with a surprise customer could change the mood quickly. \n</p>\n<p>\n  Write to Adam Clark at adam.clark@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2026 14:15 ET (18:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Why Nvidia Stock Is Stuck in a Trading Range -- and What Could Finally Break It Out -- Barrons.com</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\">\nWhy Nvidia Stock Is Stuck in a Trading Range -- and What Could Finally Break It Out -- Barrons.com\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\">2026-03-21 02:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Adam Clark \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> just can't seem to impress the market any more. Three major potential catalysts for the chip maker's shares have come and gone without making an impression, but investors still have cause to be patient. \n</p>\n<p>\n  First came Nvidia's blowout earnings late last month. Then there was this week's GTC conference where Nvidia showed how it will maintain its dominance in the next generation of artificial-intelligence hardware and gave a headline $1 trillion revenue forecast. And finally, Nvidia executives disclosed this week that sales of its chips to China finally look to be unblocked. \n</p>\n<p>\n  All to no avail. Nvidia stock looks set to end the week lower than it started, trading down by 2.2% at $174.68 on Friday afternoon. That would be the stock's lowest close since Feb. 5. It had been stuck in a trading range of roughly $180 to $190 for weeks. \n</p>\n<p>\n  Ultimately the problem isn't with Nvidia itself, but rather the lack of certainty in the market about the return on AI investment for its customers. \n</p>\n<p>\n  \"While Nvidia is confident in its demand momentum, the [GTC] conference did little to address key investor concerns about the sustainability of AI spending by the hyperscalers -- particularly as they run out of free cash flows and tap debt capital markets for additional financing,\" wrote William Blair analyst Sebastien Naji in a research note. \n</p>\n<p>\n  That's an uncomfortable situation for Nvidia, but it also means that there's significant potential for the stock to start moving again if investors recognize there's a broader range of customers than the large U.S. technology companies. \n</p>\n<p>\n  Of Nvidia's $1 trillion revenue forecast for its Blackwell and Rubin hardware through 2027, 60% is coming from the so-called hyperscalers -- the largest cloud computing companies. The other 40% is driven by smaller customers, including industrial customers. \n</p>\n<p>\n  That means there's a lot of space for other major customers to emerge. Look at <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>.com co-founder Jeff Bezos, who is in talks to raise $100 billion for a fund to acquire manufacturing companies and transform them with AI, according to The Wall Street Journal. Such a vehicle for automation could easily emerge as Nvidia's next big buyer of chips. \n</p>\n<p>\n  Nvidia might not be able to help itself right now. But one big announcement with a surprise customer could change the mood quickly. \n</p>\n<p>\n  Write to Adam Clark at adam.clark@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2026 14:15 ET (18:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU1670756490.USD":"ALLIANZ EUROPE INCOME AND GROWTH \"AT\" (USDHDG) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","SG9999001077.SGD":"United International Growth Fund SGD","BK4122":"互联网与直销零售","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU0672654240.SGD":"FTIF - 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Global Select Equity A (acc) SGD","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","BK4561":"索罗斯持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2621221755","content_text":"By Adam Clark \n\n\nNvidia just can't seem to impress the market any more. Three major potential catalysts for the chip maker's shares have come and gone without making an impression, but investors still have cause to be patient. \n\n\n  First came Nvidia's blowout earnings late last month. Then there was this week's GTC conference where Nvidia showed how it will maintain its dominance in the next generation of artificial-intelligence hardware and gave a headline $1 trillion revenue forecast. And finally, Nvidia executives disclosed this week that sales of its chips to China finally look to be unblocked. \n\n\n  All to no avail. Nvidia stock looks set to end the week lower than it started, trading down by 2.2% at $174.68 on Friday afternoon. That would be the stock's lowest close since Feb. 5. It had been stuck in a trading range of roughly $180 to $190 for weeks. \n\n\n  Ultimately the problem isn't with Nvidia itself, but rather the lack of certainty in the market about the return on AI investment for its customers. \n\n\n  \"While Nvidia is confident in its demand momentum, the [GTC] conference did little to address key investor concerns about the sustainability of AI spending by the hyperscalers -- particularly as they run out of free cash flows and tap debt capital markets for additional financing,\" wrote William Blair analyst Sebastien Naji in a research note. \n\n\n  That's an uncomfortable situation for Nvidia, but it also means that there's significant potential for the stock to start moving again if investors recognize there's a broader range of customers than the large U.S. technology companies. \n\n\n  Of Nvidia's $1 trillion revenue forecast for its Blackwell and Rubin hardware through 2027, 60% is coming from the so-called hyperscalers -- the largest cloud computing companies. The other 40% is driven by smaller customers, including industrial customers. \n\n\n  That means there's a lot of space for other major customers to emerge. Look at Amazon.com co-founder Jeff Bezos, who is in talks to raise $100 billion for a fund to acquire manufacturing companies and transform them with AI, according to The Wall Street Journal. Such a vehicle for automation could easily emerge as Nvidia's next big buyer of chips. \n\n\n  Nvidia might not be able to help itself right now. But one big announcement with a surprise customer could change the mood quickly. \n\n\n  Write to Adam Clark at adam.clark@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2026 14:15 ET (18:15 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"NVD2.UK":0.6,"SNVD.UK":0.6,"AMZW":0.6,"NVDG":0.6,"AMZY":0.6,"NVDW":0.6,"AMZU":0.6,"3NVD.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"AMZZ":0.6,"AMZD":0.6,"AMZP":0.6,"AZYY":0.6,"NVIW.SI":0.6,"NVDQ":0.6,"NVD":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVII":0.6,"NVDB":0.6,"ANV":0.6,"NVDX":0.6,"DIPS":0.6,"NVDA":1.98,"USAW.SI":0.6,"NVDY":0.6,"2NVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":1520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":544649333998552,"gmtCreate":1773982199332,"gmtModify":1773982203887,"author":{"id":"3558327802940830","authorId":"3558327802940830","name":"ZiyiChien","avatar":"https://community-static.tradeup.com/news/b350a0da8b4afb89b3b48c811d8d85f5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558327802940830","idStr":"3558327802940830"},"themes":[],"title":"","htmlText":"Well on one hand POTUS wants the lowering of interest rates but on the other hand, he started his own campaign which caused inflation to rise and hence diminishing any prospects of lowering interest rates. Well-done.","listText":"Well on one hand POTUS wants the lowering of interest rates but on the other hand, he started his own campaign which caused inflation to rise and hence diminishing any prospects of lowering interest rates. Well-done.","text":"Well on one hand POTUS wants the lowering of interest rates but on the other hand, he started his own campaign which caused inflation to rise and hence diminishing any prospects of lowering interest rates. Well-done.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/544649333998552","repostId":"2620273087","repostType":2,"repost":{"id":"2620273087","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":1773965866,"share":"https://ttm.financial/m/news/2620273087?lang=en_US&edition=fundamental","pubTime":"2026-03-20 08:17","market":"fut","language":"en","title":"Trump Escalates Attack on Powell, as Questions About Fed Chair Transition Continue","url":"https://stock-news.laohu8.com/highlight/detail?id=2620273087","media":"Dow Jones","summary":"President Donald Trump continued his pressure campaign on the Federal Reserve on Thursday, signaling his support for the investigation of the central bank's chair, Jerome Powell.Trump's remarks, however, could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair and extend Powell's tenure well beyond its scheduled end.Powell said Wednesday he won't leave the Fed until the Justice Department's investigation of him is over, and a continuation of the probe could also have a negative domino effect for Trump's nominee for Fed chair, Kevin Warsh.Speaking during an Oval Office news conference Thursday, Trump lambasted Powell and again alleged criminal wrongdoing in the costly renovation of the Fed's Washington headquarters, which is at the heart of the Justice Department's investigation into Powell and the central bank.But Trump made it clear Thursday he has no intention of backing down from his campaign to discredit Powell, whom he has ","content":"<html><head></head><body><p>President Donald Trump continued his pressure campaign on the Federal Reserve on Thursday, signaling his support for the investigation of the central bank&#39;s chair, Jerome Powell.</p><p>Trump&#39;s remarks, however, could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair and extend Powell&#39;s tenure well beyond its scheduled end.</p><p>Powell said Wednesday he won&#39;t leave the Fed until the Justice Department&#39;s investigation of him is over, and a continuation of the probe could also have a negative domino effect for Trump&#39;s nominee for Fed chair, Kevin Warsh.</p><p>Speaking during an Oval Office news conference Thursday, Trump lambasted Powell and again alleged criminal wrongdoing in the costly renovation of the Fed&#39;s Washington headquarters, which is at the heart of the Justice Department&#39;s investigation into Powell and the central bank.</p><p>The Fed and its chair have denied any allegations of wrongdoing. The Fed declined to comment on the president&#39;s latest remarks.</p><p>But Trump made it clear Thursday he has no intention of backing down from his campaign to discredit Powell, whom he has repeatedly criticized for the Fed&#39;s not lowering interest rates further. If anything, the president pushed back harder, questioning the cost of the Fed&#39;s building renovation.</p><p>&#34;I could have done that building and made it beautiful for $25 million,&#34; he said.</p><p>The remarks appear to be a notable shift from the White House&#39;s previous posture that the probe was a Justice Department matter, independent of the president.</p><p>Just last week, a federal judge handed the administration a significant legal setback, quashing the department&#39;s subpoenas targeting Powell and finding the government had produced &#34;no evidence whatsoever that Powell committed any crime other than displeasing the president.&#34;</p><p>Thursday&#39;s escalation appears aimed, at least in part, at U.S. Attorney Jeanine Pirro, who said Friday she would appeal the ruling. The Justice Department didn&#39;t immediately respond to a request for comment.</p><p>The investigation&#39;s duration has direct consequences for the White House&#39;s Fed agenda: As long as the investigation remains active, Powell says he won&#39;t leave. His term as Fed chair expires May 15, but his term as a sitting board governor runs to January 2028, and nothing in the law requires him to go when a successor is sworn in.</p><p>If Warsh isn&#39;t confirmed before Powell&#39;s term expires in May, Powell said he would serve as chair pro tem, continuing to lead the institution until Warsh is confirmed.</p><p>That leaves the White House&#39;s Fed transition with little historical precedent to draw on. Warsh has been stalled in the Senate since the investigation began. Sen. Thom Tillis of North Carolina, a critical Republican vote on the Banking Committee, has pledged to block the confirmation until the Powell matter is resolved.</p><p>If Warsh is eventually confirmed but Powell remains on the board, he could be a voting member of the Federal Open Market Committee, the body that sets interest rates, through the midterm elections and potentially into the final stretch of Trump&#39;s second term. How a former and sitting chair would coexist, how markets would interpret any disagreement between them, and how Warsh would assert authority in that environment are all open questions.</p><p>Trump&#39;s remarks landed during an already busy week for the Fed. Powell&#39;s news conference Wednesday -- where he said the central bank wasn&#39;t prepared to look past the oil price surge triggered by the war with Iran -- helped send the Dow Jones Industrial Average down more than 750 points to a new 2026 low at market close. The Fed held rates steady at 3.5% to 3.75% for the second straight meeting. Officials projected one additional rate cut this year, though Powell noted &#34;meaningful movement&#34; among colleagues toward no cuts at all.</p><p>He currently sits at the helm of a central bank navigating stubborn inflation, a fragile labor market, and a new energy shock, all while its leadership structure is still unresolved.</p><p>Pirro, asked last week whether the appeal would further delay Warsh&#39;s confirmation, was direct: &#34;I don&#39;t care. I&#39;m in a legal lane. The rest is just white noise.&#34;</p><p>Trump, on Thursday, made clear he agrees.</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>Trump Escalates Attack on Powell, as Questions About Fed Chair Transition Continue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Escalates Attack on Powell, as Questions About Fed Chair Transition Continue\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\">2026-03-20 08:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Donald Trump continued his pressure campaign on the Federal Reserve on Thursday, signaling his support for the investigation of the central bank&#39;s chair, Jerome Powell.</p><p>Trump&#39;s remarks, however, could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair and extend Powell&#39;s tenure well beyond its scheduled end.</p><p>Powell said Wednesday he won&#39;t leave the Fed until the Justice Department&#39;s investigation of him is over, and a continuation of the probe could also have a negative domino effect for Trump&#39;s nominee for Fed chair, Kevin Warsh.</p><p>Speaking during an Oval Office news conference Thursday, Trump lambasted Powell and again alleged criminal wrongdoing in the costly renovation of the Fed&#39;s Washington headquarters, which is at the heart of the Justice Department&#39;s investigation into Powell and the central bank.</p><p>The Fed and its chair have denied any allegations of wrongdoing. The Fed declined to comment on the president&#39;s latest remarks.</p><p>But Trump made it clear Thursday he has no intention of backing down from his campaign to discredit Powell, whom he has repeatedly criticized for the Fed&#39;s not lowering interest rates further. If anything, the president pushed back harder, questioning the cost of the Fed&#39;s building renovation.</p><p>&#34;I could have done that building and made it beautiful for $25 million,&#34; he said.</p><p>The remarks appear to be a notable shift from the White House&#39;s previous posture that the probe was a Justice Department matter, independent of the president.</p><p>Just last week, a federal judge handed the administration a significant legal setback, quashing the department&#39;s subpoenas targeting Powell and finding the government had produced &#34;no evidence whatsoever that Powell committed any crime other than displeasing the president.&#34;</p><p>Thursday&#39;s escalation appears aimed, at least in part, at U.S. Attorney Jeanine Pirro, who said Friday she would appeal the ruling. The Justice Department didn&#39;t immediately respond to a request for comment.</p><p>The investigation&#39;s duration has direct consequences for the White House&#39;s Fed agenda: As long as the investigation remains active, Powell says he won&#39;t leave. His term as Fed chair expires May 15, but his term as a sitting board governor runs to January 2028, and nothing in the law requires him to go when a successor is sworn in.</p><p>If Warsh isn&#39;t confirmed before Powell&#39;s term expires in May, Powell said he would serve as chair pro tem, continuing to lead the institution until Warsh is confirmed.</p><p>That leaves the White House&#39;s Fed transition with little historical precedent to draw on. Warsh has been stalled in the Senate since the investigation began. Sen. Thom Tillis of North Carolina, a critical Republican vote on the Banking Committee, has pledged to block the confirmation until the Powell matter is resolved.</p><p>If Warsh is eventually confirmed but Powell remains on the board, he could be a voting member of the Federal Open Market Committee, the body that sets interest rates, through the midterm elections and potentially into the final stretch of Trump&#39;s second term. How a former and sitting chair would coexist, how markets would interpret any disagreement between them, and how Warsh would assert authority in that environment are all open questions.</p><p>Trump&#39;s remarks landed during an already busy week for the Fed. Powell&#39;s news conference Wednesday -- where he said the central bank wasn&#39;t prepared to look past the oil price surge triggered by the war with Iran -- helped send the Dow Jones Industrial Average down more than 750 points to a new 2026 low at market close. The Fed held rates steady at 3.5% to 3.75% for the second straight meeting. Officials projected one additional rate cut this year, though Powell noted &#34;meaningful movement&#34; among colleagues toward no cuts at all.</p><p>He currently sits at the helm of a central bank navigating stubborn inflation, a fragile labor market, and a new energy shock, all while its leadership structure is still unresolved.</p><p>Pirro, asked last week whether the appeal would further delay Warsh&#39;s confirmation, was direct: &#34;I don&#39;t care. I&#39;m in a legal lane. The rest is just white noise.&#34;</p><p>Trump, on Thursday, made clear he agrees.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4096":"电气部件与设备",".SPX":"S&P 500 Index","BK4588":"碎股","BK4585":"ETF&股票定投概念",".DJI":"道琼斯","BK4581":"高盛持仓",".IXIC":"NASDAQ Composite"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2620273087","content_text":"President Donald Trump continued his pressure campaign on the Federal Reserve on Thursday, signaling his support for the investigation of the central bank's chair, Jerome Powell.Trump's remarks, however, could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair and extend Powell's tenure well beyond its scheduled end.Powell said Wednesday he won't leave the Fed until the Justice Department's investigation of him is over, and a continuation of the probe could also have a negative domino effect for Trump's nominee for Fed chair, Kevin Warsh.Speaking during an Oval Office news conference Thursday, Trump lambasted Powell and again alleged criminal wrongdoing in the costly renovation of the Fed's Washington headquarters, which is at the heart of the Justice Department's investigation into Powell and the central bank.The Fed and its chair have denied any allegations of wrongdoing. The Fed declined to comment on the president's latest remarks.But Trump made it clear Thursday he has no intention of backing down from his campaign to discredit Powell, whom he has repeatedly criticized for the Fed's not lowering interest rates further. If anything, the president pushed back harder, questioning the cost of the Fed's building renovation.\"I could have done that building and made it beautiful for $25 million,\" he said.The remarks appear to be a notable shift from the White House's previous posture that the probe was a Justice Department matter, independent of the president.Just last week, a federal judge handed the administration a significant legal setback, quashing the department's subpoenas targeting Powell and finding the government had produced \"no evidence whatsoever that Powell committed any crime other than displeasing the president.\"Thursday's escalation appears aimed, at least in part, at U.S. Attorney Jeanine Pirro, who said Friday she would appeal the ruling. The Justice Department didn't immediately respond to a request for comment.The investigation's duration has direct consequences for the White House's Fed agenda: As long as the investigation remains active, Powell says he won't leave. His term as Fed chair expires May 15, but his term as a sitting board governor runs to January 2028, and nothing in the law requires him to go when a successor is sworn in.If Warsh isn't confirmed before Powell's term expires in May, Powell said he would serve as chair pro tem, continuing to lead the institution until Warsh is confirmed.That leaves the White House's Fed transition with little historical precedent to draw on. Warsh has been stalled in the Senate since the investigation began. Sen. Thom Tillis of North Carolina, a critical Republican vote on the Banking Committee, has pledged to block the confirmation until the Powell matter is resolved.If Warsh is eventually confirmed but Powell remains on the board, he could be a voting member of the Federal Open Market Committee, the body that sets interest rates, through the midterm elections and potentially into the final stretch of Trump's second term. How a former and sitting chair would coexist, how markets would interpret any disagreement between them, and how Warsh would assert authority in that environment are all open questions.Trump's remarks landed during an already busy week for the Fed. Powell's news conference Wednesday -- where he said the central bank wasn't prepared to look past the oil price surge triggered by the war with Iran -- helped send the Dow Jones Industrial Average down more than 750 points to a new 2026 low at market close. The Fed held rates steady at 3.5% to 3.75% for the second straight meeting. Officials projected one additional rate cut this year, though Powell noted \"meaningful movement\" among colleagues toward no cuts at all.He currently sits at the helm of a central bank navigating stubborn inflation, a fragile labor market, and a new energy shock, all while its leadership structure is still unresolved.Pirro, asked last week whether the appeal would further delay Warsh's confirmation, was direct: \"I don't care. I'm in a legal lane. The rest is just white noise.\"Trump, on Thursday, made clear he agrees.","news_type":1,"symbols_score_info":{"US2Y.BOND":1.5,".IXIC":2,"US12M.BOND":1.5,".SPX":2,"US5Y.BOND":1.5,"US30Y.BOND":1.5,".DJI":2,"US7Y.BOND":1.5,"US10Y.BOND":1.5,"US3Y.BOND":1.5,"US6M.BOND":1.5}},"isVote":1,"tweetType":1,"viewCount":1894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}]}