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Tang Kok Weng

Tang Kok Weng

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2023-04-12

Very good day when you start to read more, good

2023-03-22

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2023-03-21

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Credit Suisse AT1 Bondholders Consider Possible Legal Action -Law Firm

2023-03-21

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2023-03-16

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2023-03-15

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2 Unstoppable Growth Stocks to Buy and Hold Forever

2023-03-15

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2023-03-14

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How Does a Bank Collapse Quickly? a Timeline of the SVB Fall

2023-03-14

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2023-03-13

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Dow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts

2023-03-09

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2023-03-08

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2023-03-07

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Bondholders Consider Possible Legal Action -Law Firm","url":"https://stock-news.laohu8.com/highlight/detail?id=2321666155","media":"Reuters","summary":"Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Addition","content":"<html><head></head><body><p>Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 bond holders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel Urquhart &amp; Sullivan said on Monday.</p><p>Quinn Emanuel said it was in discussions with Credit Suisse AT1 bondholders representing a &#34;significant percentage&#34; of the total notional value the instruments. Quinn Emanuel did not name the bondholders.</p><p>Under the UBS-Credit Suisse merger deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, will receive $3.23 billion.</p><p>In Switzerland, the bonds&#39; terms state that in a restructuring, the financial watchdog is under no obligation to adhere to the traditional capital structure hierarchy, which is how Credit Suisse AT1 bondholders lost out.</p><p>Funds managed by Lazard Freres Gestion, PIMCO and GAM Investments were among the most exposed as of end-February to Credit Suisse AT1 debt in terms of portfolio weighting, leaving them potentially vulnerable to losses from the bond write-off, based on Morningstar data seen by Reuters.</p><p>PIMCO had 3.49% of its 5.66 billion euro ($6.06 billion) GIS Capital Securities Fund in Credit Suisse AT1 bonds, the Morningstar data showed.</p><p>PIMCO declined to comment when asked about the AT1 holding and also the potential legal action.</p><p>Lazard Freres Gestion had 7.4% of its 1.45 billion euro Lazard Capital Fi SRI fund allocated to Credit Suisse AT1 debt.</p><p>Lazard Freres Gestion did not respond to a request for comment on its holding or the possible legal action.</p><p>GAM&#39;s 1.15 billion euro Star Credit Opportunities fund&#39;s exposure to Credit Suisse AT1 debt was 4.81% at the end of last month, based on the Morningstar data.</p><p>GAM declined to comment.</p><p>A call for bondholders is likely to be convened on Wednesday, March 22, Quinn Emanuel said.</p><p>The Credit Suisse rescue has caused turmoil in European markets, with banks&#39; bond prices under pressure as investors focus on the potential risks of holding AT1 bonds.</p><p>European regulators said on Monday they would continue to impose losses on shareholders before bondholders in a bid to calm investor nerves following the fallout of the AT1 decision in Switzerland.</p><p>($1 = 0.9333 euros)</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>Credit Suisse AT1 Bondholders Consider Possible Legal Action -Law Firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse AT1 Bondholders Consider Possible Legal Action -Law Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-21 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 bond holders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel Urquhart &amp; Sullivan said on Monday.</p><p>Quinn Emanuel said it was in discussions with Credit Suisse AT1 bondholders representing a &#34;significant percentage&#34; of the total notional value the instruments. Quinn Emanuel did not name the bondholders.</p><p>Under the UBS-Credit Suisse merger deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, will receive $3.23 billion.</p><p>In Switzerland, the bonds&#39; terms state that in a restructuring, the financial watchdog is under no obligation to adhere to the traditional capital structure hierarchy, which is how Credit Suisse AT1 bondholders lost out.</p><p>Funds managed by Lazard Freres Gestion, PIMCO and GAM Investments were among the most exposed as of end-February to Credit Suisse AT1 debt in terms of portfolio weighting, leaving them potentially vulnerable to losses from the bond write-off, based on Morningstar data seen by Reuters.</p><p>PIMCO had 3.49% of its 5.66 billion euro ($6.06 billion) GIS Capital Securities Fund in Credit Suisse AT1 bonds, the Morningstar data showed.</p><p>PIMCO declined to comment when asked about the AT1 holding and also the potential legal action.</p><p>Lazard Freres Gestion had 7.4% of its 1.45 billion euro Lazard Capital Fi SRI fund allocated to Credit Suisse AT1 debt.</p><p>Lazard Freres Gestion did not respond to a request for comment on its holding or the possible legal action.</p><p>GAM&#39;s 1.15 billion euro Star Credit Opportunities fund&#39;s exposure to Credit Suisse AT1 debt was 4.81% at the end of last month, based on the Morningstar data.</p><p>GAM declined to comment.</p><p>A call for bondholders is likely to be convened on Wednesday, March 22, Quinn Emanuel said.</p><p>The Credit Suisse rescue has caused turmoil in European markets, with banks&#39; bond prices under pressure as investors focus on the potential risks of holding AT1 bonds.</p><p>European regulators said on Monday they would continue to impose losses on shareholders before bondholders in a bid to calm investor nerves following the fallout of the AT1 decision in Switzerland.</p><p>($1 = 0.9333 euros)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321666155","content_text":"Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 bond holders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel Urquhart & Sullivan said on Monday.Quinn Emanuel said it was in discussions with Credit Suisse AT1 bondholders representing a \"significant percentage\" of the total notional value the instruments. Quinn Emanuel did not name the bondholders.Under the UBS-Credit Suisse merger deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, will receive $3.23 billion.In Switzerland, the bonds' terms state that in a restructuring, the financial watchdog is under no obligation to adhere to the traditional capital structure hierarchy, which is how Credit Suisse AT1 bondholders lost out.Funds managed by Lazard Freres Gestion, PIMCO and GAM Investments were among the most exposed as of end-February to Credit Suisse AT1 debt in terms of portfolio weighting, leaving them potentially vulnerable to losses from the bond write-off, based on Morningstar data seen by Reuters.PIMCO had 3.49% of its 5.66 billion euro ($6.06 billion) GIS Capital Securities Fund in Credit Suisse AT1 bonds, the Morningstar data showed.PIMCO declined to comment when asked about the AT1 holding and also the potential legal action.Lazard Freres Gestion had 7.4% of its 1.45 billion euro Lazard Capital Fi SRI fund allocated to Credit Suisse AT1 debt.Lazard Freres Gestion did not respond to a request for comment on its holding or the possible legal action.GAM's 1.15 billion euro Star Credit Opportunities fund's exposure to Credit Suisse AT1 debt was 4.81% at the end of last month, based on the Morningstar data.GAM declined to comment.A call for bondholders is likely to be convened on Wednesday, March 22, Quinn Emanuel said.The Credit Suisse rescue has caused turmoil in European markets, with banks' bond prices under pressure as investors focus on the potential risks of holding AT1 bonds.European regulators said on Monday they would continue to impose losses on shareholders before bondholders in a bid to calm investor nerves following the fallout of the AT1 decision in Switzerland.($1 = 0.9333 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943861587,"gmtCreate":1679357417649,"gmtModify":1679357421758,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"omg","listText":"omg","text":"omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943861587","repostId":"1164735991","repostType":2,"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949758516,"gmtCreate":1678922827236,"gmtModify":1678922830957,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"omg","listText":"omg","text":"omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949758516","repostId":"1178433847","repostType":4,"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949476871,"gmtCreate":1678863499194,"gmtModify":1678863502673,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949476871","repostId":"2319007977","repostType":2,"repost":{"id":"2319007977","kind":"highlight","pubTimestamp":1678858292,"share":"https://ttm.financial/m/news/2319007977?lang=&edition=fundamental","pubTime":"2023-03-15 13:31","market":"us","language":"en","title":"2 Unstoppable Growth Stocks to Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2319007977","media":"Motley Fool","summary":"You can bet the farm on these longtime market winners.","content":"<html><head></head><body><p>Before buying any stock with the intention of holding it forever, it&#39;s essential to ensure that the company has the tools to survive and thrive over long periods. Some of these tools include a solid position in a market that offers goods or services that aren&#39;t likely to go out of style, a competitive advantage, and plenty of room to grow.</p><p>Let&#39;s look at two stocks that fit those criteria quite well: <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a>. Here&#39;s why shares of both companies are worth holding onto for good.</p><h2>1. <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a></h2><p>Intuitive Surgical is known for its da Vinci Surgical System, a leading robotic-assisted surgery (RAS) device that allows physicians to perform minimally invasive surgery. The da Vinci system can be used in various surgery types, from general surgeries to urology-related ones.</p><p>The advantage here is that unlike open surgery -- which requires an incision large enough for surgeons to access the organs involved -- the da Vinci system can get the job done with a few small incisions and tiny, versatile tools that highly trained physicians can manipulate with accuracy. Intuitive Surgical is the runaway leader in this field; it held an 80% market share as of 2020.</p><p>The company generally records solid and growing revenue and earnings, although the pandemic has slowed down its progress. In 2022, Intuitive&#39;s revenue increased by 9% year over year to $6.2 billion, while its earnings per share (EPS) dropped to $3.65, down from $4.66 in 2021.</p><p>Intuitive Surgical&#39;s procedure volume has been fluctuating due to COVID-19, but the company makes much of its money by selling instruments and accessories that pair up with its crown jewel. So beyond the dynamics of the past three years, the important question is whether Intuitive Surgical&#39;s procedure volume can remain northbound over the long run.</p><p>Here are several reasons why the answer is a resounding yes. First, demographic changes will play a role; the world&#39;s population is aging, and older adults typically have a greater need for surgical interventions. Second, minimally invasive procedures usually lead to better patient outcomes, including less scarring, faster recovery times, and shorter stays; these kinds of surgeries will likely continue to rise in popularity.</p><p>Third, the da Vinci system&#39;s installed base is large and growing. It was 7,544 as of the end of 2022, an increase of 12% year over year. This factor also highlights Intuitive Surgical&#39;s moat: These devices are expensive both in price (between $0.5 million and $2.5 million) and in the time it takes to train physicians to use them. Thus, Intuitive Surgical benefits from high switching costs -- just one more reason to bet on it to deliver outsized returns for a long time.</p><h2>2. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></h2><p>Microsoft is practically synonymous with computer operating systems. Although the tech giant has some notable competitors, it largely built its brand name around this business. With computers such an integral part of the modern world, Microsoft won&#39;t go anywhere anytime soon.</p><p>Beyond its operating systems, it offers a suite of valuable productivity tools that individuals and institutions of all types (including for-profit and non-profit organizations, universities, and more) use daily. Even with the move toward remote work, Microsoft&#39;s products -- such as Teams, which rose in popularity during the pandemic -- are valuable for businesses.</p><p>Another aspect of the company&#39;s operations critical to its future is its cloud business. Here too, Microsoft is a leader. It provides cloud-based services to other companies, allowing them to boost the efficiency of their operations. Its cloud computing arm, Azure, has been one of the fastest-growing segments of the company, even as the rest of its business has encountered some headwinds, mainly related to macroeconomic factors.</p><p>In the second quarter of its fiscal 2023, which ended Dec. 31, Microsoft&#39;s total revenue increased by just 2% year over year to $52.7 billion. However, Azure&#39;s revenue jumped by 31% year over year. The company&#39;s EPS was $2.20, decreasing by 11% from the year-ago quarter.</p><p>With a predicted compound annual growth rate of 14.1% through 2030, there&#39;s a solid opportunity for Microsoft in cloud computing. Nor will this industry have stopped expanding by then. Given the growing importance of the cloud, we can expect this market to remain northbound well beyond the next few years, during which we can reasonably estimate how fast it will grow.</p><p>The cloud business also benefits from high switching costs, since migrating from one provider to another is not an easy (or cheap) task. Microsoft&#39;s productivity tools arguably benefit from the same dynamic. Plus, Microsoft is pursuing other lucrative opportunities in artificial intelligence.</p><p>All of these efforts only build on Microsoft&#39;s valuable brand name, one of the most powerful and recognizable in the world. The tech giant has already made its longtime investors plenty of money. But even with its market capitalization of $1.9 trillion, there are plenty of market-beating years ahead for Microsoft.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Unstoppable Growth Stocks to Buy and Hold Forever</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\">\n2 Unstoppable Growth Stocks to Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 13:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/14/2-unstoppable-growth-stocks-to-buy-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Before buying any stock with the intention of holding it forever, it's essential to ensure that the company has the tools to survive and thrive over long periods. Some of these tools include a solid ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/14/2-unstoppable-growth-stocks-to-buy-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ISRG":"直觉外科公司"},"source_url":"https://www.fool.com/investing/2023/03/14/2-unstoppable-growth-stocks-to-buy-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319007977","content_text":"Before buying any stock with the intention of holding it forever, it's essential to ensure that the company has the tools to survive and thrive over long periods. Some of these tools include a solid position in a market that offers goods or services that aren't likely to go out of style, a competitive advantage, and plenty of room to grow.Let's look at two stocks that fit those criteria quite well: Intuitive Surgical and Microsoft . Here's why shares of both companies are worth holding onto for good.1. Intuitive SurgicalIntuitive Surgical is known for its da Vinci Surgical System, a leading robotic-assisted surgery (RAS) device that allows physicians to perform minimally invasive surgery. The da Vinci system can be used in various surgery types, from general surgeries to urology-related ones.The advantage here is that unlike open surgery -- which requires an incision large enough for surgeons to access the organs involved -- the da Vinci system can get the job done with a few small incisions and tiny, versatile tools that highly trained physicians can manipulate with accuracy. Intuitive Surgical is the runaway leader in this field; it held an 80% market share as of 2020.The company generally records solid and growing revenue and earnings, although the pandemic has slowed down its progress. In 2022, Intuitive's revenue increased by 9% year over year to $6.2 billion, while its earnings per share (EPS) dropped to $3.65, down from $4.66 in 2021.Intuitive Surgical's procedure volume has been fluctuating due to COVID-19, but the company makes much of its money by selling instruments and accessories that pair up with its crown jewel. So beyond the dynamics of the past three years, the important question is whether Intuitive Surgical's procedure volume can remain northbound over the long run.Here are several reasons why the answer is a resounding yes. First, demographic changes will play a role; the world's population is aging, and older adults typically have a greater need for surgical interventions. Second, minimally invasive procedures usually lead to better patient outcomes, including less scarring, faster recovery times, and shorter stays; these kinds of surgeries will likely continue to rise in popularity.Third, the da Vinci system's installed base is large and growing. It was 7,544 as of the end of 2022, an increase of 12% year over year. This factor also highlights Intuitive Surgical's moat: These devices are expensive both in price (between $0.5 million and $2.5 million) and in the time it takes to train physicians to use them. Thus, Intuitive Surgical benefits from high switching costs -- just one more reason to bet on it to deliver outsized returns for a long time.2. MicrosoftMicrosoft is practically synonymous with computer operating systems. Although the tech giant has some notable competitors, it largely built its brand name around this business. With computers such an integral part of the modern world, Microsoft won't go anywhere anytime soon.Beyond its operating systems, it offers a suite of valuable productivity tools that individuals and institutions of all types (including for-profit and non-profit organizations, universities, and more) use daily. Even with the move toward remote work, Microsoft's products -- such as Teams, which rose in popularity during the pandemic -- are valuable for businesses.Another aspect of the company's operations critical to its future is its cloud business. Here too, Microsoft is a leader. It provides cloud-based services to other companies, allowing them to boost the efficiency of their operations. Its cloud computing arm, Azure, has been one of the fastest-growing segments of the company, even as the rest of its business has encountered some headwinds, mainly related to macroeconomic factors.In the second quarter of its fiscal 2023, which ended Dec. 31, Microsoft's total revenue increased by just 2% year over year to $52.7 billion. However, Azure's revenue jumped by 31% year over year. The company's EPS was $2.20, decreasing by 11% from the year-ago quarter.With a predicted compound annual growth rate of 14.1% through 2030, there's a solid opportunity for Microsoft in cloud computing. Nor will this industry have stopped expanding by then. Given the growing importance of the cloud, we can expect this market to remain northbound well beyond the next few years, during which we can reasonably estimate how fast it will grow.The cloud business also benefits from high switching costs, since migrating from one provider to another is not an easy (or cheap) task. Microsoft's productivity tools arguably benefit from the same dynamic. Plus, Microsoft is pursuing other lucrative opportunities in artificial intelligence.All of these efforts only build on Microsoft's valuable brand name, one of the most powerful and recognizable in the world. The tech giant has already made its longtime investors plenty of money. But even with its market capitalization of $1.9 trillion, there are plenty of market-beating years ahead for Microsoft.","news_type":1},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949422024,"gmtCreate":1678841267069,"gmtModify":1678841270393,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949422024","repostId":"1177519664","repostType":2,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949520187,"gmtCreate":1678764744650,"gmtModify":1678764747813,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949520187","repostId":"2318942637","repostType":2,"repost":{"id":"2318942637","kind":"highlight","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678763358,"share":"https://ttm.financial/m/news/2318942637?lang=&edition=fundamental","pubTime":"2023-03-14 11:09","market":"us","language":"en","title":"How Does a Bank Collapse Quickly? a Timeline of the SVB Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2318942637","media":"Tiger Newspress","summary":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered custome","content":"<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Does a Bank Collapse Quickly? a Timeline of the SVB Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Does a Bank Collapse Quickly? a Timeline of the SVB Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 11:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4588":"碎股","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318942637","content_text":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.It was the largest failure of a US bank since Washington Mutual in 2008.Here’s what we know about the bank’s downfall, and what might come next.What is SVB?Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.Why did it fail?In short, SVB encountered a classic run on the bank.The longer version is a bit more complicated.Several forces collided to take down the banker.First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.The panic takes root…On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.Contagion fears subsideDespite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”What’s next?So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.A buyer could still emerge for SVB, though it’s far from guaranteed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581477,"gmtCreate":1678755144999,"gmtModify":1678755148531,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581477","repostId":"1174805429","repostType":2,"isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949244876,"gmtCreate":1678714623096,"gmtModify":1678715126883,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949244876","repostId":"1186883944","repostType":2,"repost":{"id":"1186883944","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678714314,"share":"https://ttm.financial/m/news/1186883944?lang=&edition=fundamental","pubTime":"2023-03-13 21:31","market":"us","language":"en","title":"Dow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts","url":"https://stock-news.laohu8.com/highlight/detail?id=1186883944","media":"Tiger Newspress","summary":"Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the deposito","content":"<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.</p><p>The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&amp;P 500 lost 1%, while the Nasdaq Composite shed 0.8%.</p><p>Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.</p><p>Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.</p><p>All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.</p><p>“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.</p><p>The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.</p><p>Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.</p><p>“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.</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>Dow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts</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\">\nDow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-13 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.</p><p>The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&amp;P 500 lost 1%, while the Nasdaq Composite shed 0.8%.</p><p>Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.</p><p>Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.</p><p>All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.</p><p>“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.</p><p>The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.</p><p>Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.</p><p>“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186883944","content_text":"Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&P 500 lost 1%, while the Nasdaq Composite shed 0.8%.Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949950505,"gmtCreate":1678321099208,"gmtModify":1678326371402,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949950505","repostId":"1169052871","repostType":2,"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949931404,"gmtCreate":1678289502408,"gmtModify":1678290929782,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949931404","repostId":"1141263989","repostType":2,"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940733535,"gmtCreate":1678165303728,"gmtModify":1678165649599,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139651334948722","idStr":"4139651334948722"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940733535","repostId":"2317212145","repostType":2,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9949758516,"gmtCreate":1678922827236,"gmtModify":1678922830957,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"omg","listText":"omg","text":"omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949758516","repostId":"1178433847","repostType":4,"repost":{"id":"1178433847","kind":"news","pubTimestamp":1678922002,"share":"https://ttm.financial/m/news/1178433847?lang=&edition=fundamental","pubTime":"2023-03-16 07:13","market":"us","language":"en","title":"Credit Suisse Is In Crisis. What Went Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178433847","media":"Bloomberg","summary":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discreti","content":"<html><head></head><body><p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.</p><h3>1. What went wrong?</h3><p>Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.</p><h3><img src=\"https://static.tigerbbs.com/737c0d8e279f497c6082a3207a7417a8\" tg-width=\"718\" tg-height=\"426\" width=\"100%\" height=\"auto\"/>2. What triggered the latest share slump?</h3><p>Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.</p><h3>3. How bad did the situation get?</h3><p>On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.</p><h3>4. Is this another Lehman Brothers moment?</h3><p>The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.</p><h3>5. What else is Koerner doing to turn things around?</h3><p>His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse Is In Crisis. What Went Wrong?</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\">\nCredit Suisse Is In Crisis. What Went Wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178433847","content_text":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.1. What went wrong?Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.2. What triggered the latest share slump?Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.3. How bad did the situation get?On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.4. Is this another Lehman Brothers moment?The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.5. What else is Koerner doing to turn things around?His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949520187,"gmtCreate":1678764744650,"gmtModify":1678764747813,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949520187","repostId":"2318942637","repostType":2,"repost":{"id":"2318942637","kind":"highlight","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678763358,"share":"https://ttm.financial/m/news/2318942637?lang=&edition=fundamental","pubTime":"2023-03-14 11:09","market":"us","language":"en","title":"How Does a Bank Collapse Quickly? a Timeline of the SVB Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2318942637","media":"Tiger Newspress","summary":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered custome","content":"<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Does a Bank Collapse Quickly? a Timeline of the SVB Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Does a Bank Collapse Quickly? a Timeline of the SVB Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 11:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4588":"碎股","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318942637","content_text":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.It was the largest failure of a US bank since Washington Mutual in 2008.Here’s what we know about the bank’s downfall, and what might come next.What is SVB?Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.Why did it fail?In short, SVB encountered a classic run on the bank.The longer version is a bit more complicated.Several forces collided to take down the banker.First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.The panic takes root…On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.Contagion fears subsideDespite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”What’s next?So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.A buyer could still emerge for SVB, though it’s far from guaranteed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949931404,"gmtCreate":1678289502408,"gmtModify":1678290929782,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949931404","repostId":"1141263989","repostType":2,"repost":{"id":"1141263989","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678289245,"share":"https://ttm.financial/m/news/1141263989?lang=&edition=fundamental","pubTime":"2023-03-08 23:27","market":"us","language":"en","title":"U.S. Stocks Mixed in Morning Trading; Dow Jones Slid Slightly While Nasdaq and S&P 500 Rose Over 0.2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1141263989","media":"Tiger Newspress","summary":"U.S. stocks mixed in morning trading; DJIA slid 0.09% while NASDAQ and S&P 500 rose 0.24% and 0.2% s","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/390cc831dd9c74b0992b8cd98ae537ca\" tg-width=\"625\" tg-height=\"108\" width=\"100%\" height=\"auto\"/>U.S. stocks mixed in morning trading; <a href=\"https://laohu8.com/S/.DJI\">DJIA</a> slid 0.09% while <a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> and <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> rose 0.24% and 0.2% separately.</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>U.S. Stocks Mixed in Morning Trading; Dow Jones Slid Slightly While Nasdaq and S&P 500 Rose Over 0.2%</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\">\nU.S. Stocks Mixed in Morning Trading; Dow Jones Slid Slightly While Nasdaq and S&P 500 Rose Over 0.2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-08 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/390cc831dd9c74b0992b8cd98ae537ca\" tg-width=\"625\" tg-height=\"108\" width=\"100%\" height=\"auto\"/>U.S. stocks mixed in morning trading; <a href=\"https://laohu8.com/S/.DJI\">DJIA</a> slid 0.09% while <a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> and <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> rose 0.24% and 0.2% separately.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141263989","content_text":"U.S. stocks mixed in morning trading; DJIA slid 0.09% while NASDAQ and S&P 500 rose 0.24% and 0.2% separately.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949244876,"gmtCreate":1678714623096,"gmtModify":1678715126883,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949244876","repostId":"1186883944","repostType":2,"repost":{"id":"1186883944","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678714314,"share":"https://ttm.financial/m/news/1186883944?lang=&edition=fundamental","pubTime":"2023-03-13 21:31","market":"us","language":"en","title":"Dow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts","url":"https://stock-news.laohu8.com/highlight/detail?id=1186883944","media":"Tiger Newspress","summary":"Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the deposito","content":"<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.</p><p>The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&amp;P 500 lost 1%, while the Nasdaq Composite shed 0.8%.</p><p>Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.</p><p>Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.</p><p>All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.</p><p>“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.</p><p>The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.</p><p>Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.</p><p>“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.</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>Dow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts</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\">\nDow Falls More Than 200 Points Monday As Pressure From Bank Shares Mounts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-13 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.</p><p>The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&amp;P 500 lost 1%, while the Nasdaq Composite shed 0.8%.</p><p>Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.</p><p>Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.</p><p>All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.</p><p>“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.</p><p>The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.</p><p>Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.</p><p>“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186883944","content_text":"Futures fell on Monday, erasing earlier gains as traders assessed a plan tobackstop all the depositorsin failed Silicon Valley Bank and make additional funding available for other banks.The Dow Jones Industrial Average were down 234 points, or 0.7%. The S&P 500 lost 1%, while the Nasdaq Composite shed 0.8%.Stock futures initially popped following the Sunday evening announcement of the banking rescue by regulators. The moves come as the Chicago Board Options Exchange’svolatility indexreached a level not seen since late 2022 and neared territory considered highly risky.Bank stocks were under pressure, withJPMorgan ChaseandCitigroupfalling. Regional banksfell even more, led by a 60% drop inFirst Republic.All Silicon Valley Bank depositors will haveaccess to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation.“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement said.The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.Elsewhere, investors are watching various economic reports this week. Tuesday’s consumer price index report is the last major inflation data release ahead of the Fed’s next meeting, ending March 22. February retail sales and the producer price index are also on deck.“Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation,” said Barclays analyst Ajay Rajadhyaksha in a note to clients.","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949422024,"gmtCreate":1678841267069,"gmtModify":1678841270393,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949422024","repostId":"1177519664","repostType":2,"repost":{"id":"1177519664","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678840542,"share":"https://ttm.financial/m/news/1177519664?lang=&edition=fundamental","pubTime":"2023-03-15 08:35","market":"sg","language":"en","title":"Singapore Stocks to Watch: Ho Bee Land, Wing Tai, Boustead, Soilbuild","url":"https://stock-news.laohu8.com/highlight/detail?id=1177519664","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Wednesda","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 15):</p><p><a href=\"https://laohu8.com/S/H13.SI\">Ho Bee Land</a>: REAL estate company Ho Bee Land is selling two of its industrial properties to an unrelated third party for S$115 million.</p><p>The buildings sit on contiguous freehold land and have been held for long-term investment.</p><p>Their disposal is part of Ho Bee Land’s capital recycling strategy and is in the ordinary course of business, said the group on Wednesday (Mar 15).</p><p><a href=\"https://laohu8.com/S/W05.SI\">Wing Tai</a>: WING Tai Holdings’ Hong Kong-based associate company, Wing Tai Properties, has issued a profit warning, stating that the group may report a loss for the financial year ended Dec 31, 2022.</p><p>This is despite the company making HK$854.4 million (S$146.7 million) in profit in the previous FY.</p><p>This comes as the group’s share of results of joint ventures may be a loss of about HK$50 million for the financial year, versus a profit of HK$242.9 million in FY2021.</p><p><a href=\"https://laohu8.com/S/AVM.SI\">Boustead Projects</a>; <a href=\"https://laohu8.com/S/F9D.SI\">Boustead Singapore</a>: BOUSTEAD Singapore’s bid to acquire Boustead Projects at S$0.95 a share and delist it got a slight boost on Tuesday (Mar 14), despite the Securities Investors Association Singapore (Sias) urging shareholders to reject the offer the evening before.</p><p>Boustead Singapore said as at 6 pm on Tuesday, it has garnered 87.88 per cent of the total number of shares in its mainboard-listed real estate subsidiary.</p><p>This was more than 1 per cent higher than a day ago, when the total number of shares owned, controlled or agreed to be acquired by Boustead Singapore and its concert parties as well as valid acceptances of the offer stood at 86.82 per cent.</p><p><a href=\"https://laohu8.com/S/S7P.SI\">Soilbuild</a>: SOILBUILD Construction Group’s subsidiary Soil-Build was on Monday (Mar 13) ordered by the Singapore Mediation Centre to pay a subcontractor almost S$1 million within seven days, and borne S$20,000 in costs in relation to the adjudication application.</p><p>This is the outcome of the application which the subcontractor had lodged in respect of a claim for about S$1.28 million. Singapore Mediation Centre is a provider of alternative dispute resolution services.</p><p>Addressing the next steps, the company on Tuesday said Soil-Build, among other things, intends to seek recovery of the adjudicated amount from the subcontractor, and is working with its legal advisers, Allen &amp; Gledhill, to initiate the appropriate dispute resolution process.</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>Singapore Stocks to Watch: Ho Bee Land, Wing Tai, Boustead, Soilbuild</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Ho Bee Land, Wing Tai, Boustead, Soilbuild\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-15 08:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 15):</p><p><a href=\"https://laohu8.com/S/H13.SI\">Ho Bee Land</a>: REAL estate company Ho Bee Land is selling two of its industrial properties to an unrelated third party for S$115 million.</p><p>The buildings sit on contiguous freehold land and have been held for long-term investment.</p><p>Their disposal is part of Ho Bee Land’s capital recycling strategy and is in the ordinary course of business, said the group on Wednesday (Mar 15).</p><p><a href=\"https://laohu8.com/S/W05.SI\">Wing Tai</a>: WING Tai Holdings’ Hong Kong-based associate company, Wing Tai Properties, has issued a profit warning, stating that the group may report a loss for the financial year ended Dec 31, 2022.</p><p>This is despite the company making HK$854.4 million (S$146.7 million) in profit in the previous FY.</p><p>This comes as the group’s share of results of joint ventures may be a loss of about HK$50 million for the financial year, versus a profit of HK$242.9 million in FY2021.</p><p><a href=\"https://laohu8.com/S/AVM.SI\">Boustead Projects</a>; <a href=\"https://laohu8.com/S/F9D.SI\">Boustead Singapore</a>: BOUSTEAD Singapore’s bid to acquire Boustead Projects at S$0.95 a share and delist it got a slight boost on Tuesday (Mar 14), despite the Securities Investors Association Singapore (Sias) urging shareholders to reject the offer the evening before.</p><p>Boustead Singapore said as at 6 pm on Tuesday, it has garnered 87.88 per cent of the total number of shares in its mainboard-listed real estate subsidiary.</p><p>This was more than 1 per cent higher than a day ago, when the total number of shares owned, controlled or agreed to be acquired by Boustead Singapore and its concert parties as well as valid acceptances of the offer stood at 86.82 per cent.</p><p><a href=\"https://laohu8.com/S/S7P.SI\">Soilbuild</a>: SOILBUILD Construction Group’s subsidiary Soil-Build was on Monday (Mar 13) ordered by the Singapore Mediation Centre to pay a subcontractor almost S$1 million within seven days, and borne S$20,000 in costs in relation to the adjudication application.</p><p>This is the outcome of the application which the subcontractor had lodged in respect of a claim for about S$1.28 million. Singapore Mediation Centre is a provider of alternative dispute resolution services.</p><p>Addressing the next steps, the company on Tuesday said Soil-Build, among other things, intends to seek recovery of the adjudicated amount from the subcontractor, and is working with its legal advisers, Allen &amp; Gledhill, to initiate the appropriate dispute resolution process.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"W05.SI":"永泰控股","F9D.SI":"宝德新加坡","H13.SI":"和美置地有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177519664","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 15):Ho Bee Land: REAL estate company Ho Bee Land is selling two of its industrial properties to an unrelated third party for S$115 million.The buildings sit on contiguous freehold land and have been held for long-term investment.Their disposal is part of Ho Bee Land’s capital recycling strategy and is in the ordinary course of business, said the group on Wednesday (Mar 15).Wing Tai: WING Tai Holdings’ Hong Kong-based associate company, Wing Tai Properties, has issued a profit warning, stating that the group may report a loss for the financial year ended Dec 31, 2022.This is despite the company making HK$854.4 million (S$146.7 million) in profit in the previous FY.This comes as the group’s share of results of joint ventures may be a loss of about HK$50 million for the financial year, versus a profit of HK$242.9 million in FY2021.Boustead Projects; Boustead Singapore: BOUSTEAD Singapore’s bid to acquire Boustead Projects at S$0.95 a share and delist it got a slight boost on Tuesday (Mar 14), despite the Securities Investors Association Singapore (Sias) urging shareholders to reject the offer the evening before.Boustead Singapore said as at 6 pm on Tuesday, it has garnered 87.88 per cent of the total number of shares in its mainboard-listed real estate subsidiary.This was more than 1 per cent higher than a day ago, when the total number of shares owned, controlled or agreed to be acquired by Boustead Singapore and its concert parties as well as valid acceptances of the offer stood at 86.82 per cent.Soilbuild: SOILBUILD Construction Group’s subsidiary Soil-Build was on Monday (Mar 13) ordered by the Singapore Mediation Centre to pay a subcontractor almost S$1 million within seven days, and borne S$20,000 in costs in relation to the adjudication application.This is the outcome of the application which the subcontractor had lodged in respect of a claim for about S$1.28 million. Singapore Mediation Centre is a provider of alternative dispute resolution services.Addressing the next steps, the company on Tuesday said Soil-Build, among other things, intends to seek recovery of the adjudicated amount from the subcontractor, and is working with its legal advisers, Allen & Gledhill, to initiate the appropriate dispute resolution process.","news_type":1},"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581477,"gmtCreate":1678755144999,"gmtModify":1678755148531,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581477","repostId":"1174805429","repostType":2,"repost":{"id":"1174805429","kind":"news","pubTimestamp":1678754559,"share":"https://ttm.financial/m/news/1174805429?lang=&edition=fundamental","pubTime":"2023-03-14 08:42","market":"us","language":"en","title":"Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact","url":"https://stock-news.laohu8.com/highlight/detail?id=1174805429","media":"The Wall Street Journal","summary":"Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In r","content":"<html><head></head><body><p>Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was the low end of a range Amazon had communicated earlier to the auto maker, the people said.</p><p>In response, Rivian sought to remove the exclusivity terms, which would allow the company to sell its delivery vans to other customers, the people said. Talks are ongoing, they said.</p><p>An Amazon spokeswoman said the company remains committed to buying 100,000 vans from Rivian by 2030, which were the terms outlined in the original agreement. “Rivian remains an important partner for Amazon, and we’re excited about the future,” she said.</p><p>A Rivian spokeswoman said: “Our relationship with Amazon has always been a positive one. We continue to work closely together and are navigating a changing economic climate, similar to many companies.”</p><p>Executives at both companies have touted the deal, which gave Rivian an anchor customer and Amazon a key component of its pledge to slash carbon emissions. Amazon is Rivian’s largest shareholder, with a 17% stake in the company, according to FactSet, and Amazon is on Rivian’s board of directors.</p><p>Rivian shares closed down around 3% on Monday. Amazon shares were up about 1.9%.</p><p>Amazon has initiated cost-saving measures over the past year amid a slowdown in e-commerce sales, following a surge during the pandemic. The company has said it is pausing construction on its second headquarters in the D.C. area and laying off more than 18,000 workers, one of the largest reductions among technology companies.</p><p>For Rivian, the Amazon contract has provided steady demand for one of the three vehicles the auto maker builds at its Normal, Ill., factory. If Amazon agrees to end the exclusivity arrangement, Rivian would need to find new commercial customers for the vans.</p><p>The Amazon deal has been viewed favorably by investors as an important stabilizing factor for the startup auto maker and an endorsement of its technology.</p><p>“Amazon represents such a large customer, or such a large pool of demand for us,” said Rivian Chief Executive RJ Scaringe in late 2021, soon after the company’s initial public offering.</p><p>Amazon and Rivian worked together closely on the development of the electric van. A change in the Amazon relationship would mark the latest challenge for Rivian, which is under pressure to cut costs and boost factory output. The company also makes the R1T pickup truck and the R1S SUV for retail customers.</p><p>Last month, Rivian’s shares fell after the company said it aimed to make 50,000 vehicles this year, below the estimates of Wall Street analysts.</p><p>Rivian is among the more prominent electric-vehicle startups to emerge in recent years, following the rise of EV leader Tesla Inc. Like other young EV companies, Rivian has been strained by rising costs and supply-chain disruptions. The company’s shares have dropped about 90% since their post-IPO highs in late 2021.</p><p>The Irvine, Calif.-based EV maker burned through $6.6 billion in 2022, after starting the year with more than $18 billion—much of it raised in the well-received IPO in November 2021. During an earnings call last month, Rivian executives said they have enough cash to last through 2025.</p><p>Last week, Rivian said it would raise $1.3 billion through the sale of green convertible bonds. Shares tumbled about 15% the following day.</p><p>To conserve cash, Rivian has conducted two rounds of layoffs and pushed back plans for future business lines, such as its more-affordable R2 line of vehicles. Mr. Scaringe has said the workforce cuts are a response to rising commodity costs, a changing economy and tightening capital markets.</p><p>He has emphasized that the EV maker needs to focus on vehicles and projects that are critical in the near term for helping it turn a profit. Several top executives departed in recent months, including the head of supply chain and the vice president overseeing body engineering. Rivian has since hired a new supply-chain chief alongside a number of other executives that have recently filled roles.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact</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\">\nAmazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was ...</p>\n\n<a href=\"https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174805429","content_text":"Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was the low end of a range Amazon had communicated earlier to the auto maker, the people said.In response, Rivian sought to remove the exclusivity terms, which would allow the company to sell its delivery vans to other customers, the people said. Talks are ongoing, they said.An Amazon spokeswoman said the company remains committed to buying 100,000 vans from Rivian by 2030, which were the terms outlined in the original agreement. “Rivian remains an important partner for Amazon, and we’re excited about the future,” she said.A Rivian spokeswoman said: “Our relationship with Amazon has always been a positive one. We continue to work closely together and are navigating a changing economic climate, similar to many companies.”Executives at both companies have touted the deal, which gave Rivian an anchor customer and Amazon a key component of its pledge to slash carbon emissions. Amazon is Rivian’s largest shareholder, with a 17% stake in the company, according to FactSet, and Amazon is on Rivian’s board of directors.Rivian shares closed down around 3% on Monday. Amazon shares were up about 1.9%.Amazon has initiated cost-saving measures over the past year amid a slowdown in e-commerce sales, following a surge during the pandemic. The company has said it is pausing construction on its second headquarters in the D.C. area and laying off more than 18,000 workers, one of the largest reductions among technology companies.For Rivian, the Amazon contract has provided steady demand for one of the three vehicles the auto maker builds at its Normal, Ill., factory. If Amazon agrees to end the exclusivity arrangement, Rivian would need to find new commercial customers for the vans.The Amazon deal has been viewed favorably by investors as an important stabilizing factor for the startup auto maker and an endorsement of its technology.“Amazon represents such a large customer, or such a large pool of demand for us,” said Rivian Chief Executive RJ Scaringe in late 2021, soon after the company’s initial public offering.Amazon and Rivian worked together closely on the development of the electric van. A change in the Amazon relationship would mark the latest challenge for Rivian, which is under pressure to cut costs and boost factory output. The company also makes the R1T pickup truck and the R1S SUV for retail customers.Last month, Rivian’s shares fell after the company said it aimed to make 50,000 vehicles this year, below the estimates of Wall Street analysts.Rivian is among the more prominent electric-vehicle startups to emerge in recent years, following the rise of EV leader Tesla Inc. Like other young EV companies, Rivian has been strained by rising costs and supply-chain disruptions. The company’s shares have dropped about 90% since their post-IPO highs in late 2021.The Irvine, Calif.-based EV maker burned through $6.6 billion in 2022, after starting the year with more than $18 billion—much of it raised in the well-received IPO in November 2021. During an earnings call last month, Rivian executives said they have enough cash to last through 2025.Last week, Rivian said it would raise $1.3 billion through the sale of green convertible bonds. Shares tumbled about 15% the following day.To conserve cash, Rivian has conducted two rounds of layoffs and pushed back plans for future business lines, such as its more-affordable R2 line of vehicles. Mr. Scaringe has said the workforce cuts are a response to rising commodity costs, a changing economy and tightening capital markets.He has emphasized that the EV maker needs to focus on vehicles and projects that are critical in the near term for helping it turn a profit. Several top executives departed in recent months, including the head of supply chain and the vice president overseeing body engineering. Rivian has since hired a new supply-chain chief alongside a number of other executives that have recently filled roles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943645619,"gmtCreate":1679443375331,"gmtModify":1679443378770,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943645619","repostId":"2321609766","repostType":4,"repost":{"id":"2321609766","kind":"highlight","pubTimestamp":1679441456,"share":"https://ttm.financial/m/news/2321609766?lang=&edition=fundamental","pubTime":"2023-03-22 07:30","market":"us","language":"en","title":"SVB Financial Must Wait to Get Back $2 Billion from FDIC","url":"https://stock-news.laohu8.com/highlight/detail?id=2321609766","media":"Bloomberg","summary":"The former owner of Silicon Valley Bank, seized earlier this month by regulators, will need to wait,","content":"<html><head></head><body><p>The former owner of Silicon Valley Bank, seized earlier this month by regulators, will need to wait, possibly for several months, to know if it can get back about $2 billion in cash it would need to repay bondholders and other creditors.</p><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> won provisional court approval Tuesday to spend only a fraction of the cash the company claims federal regulators must return. What happens with the rest of the money will need to be decided in the coming months, with lawyers for bondholders owed more than $3.3 billion saying they are concerned that the Federal Deposit Insurance Corp. will try to keep the cash.</p><p>The FDIC’s decision to lock down the $2 billion “creates jeopardy” in the bankruptcy case, said Tom Lauria, a lawyer representing a large bondholder, Appaloosa LP.</p><p>“It seems to be a more urgent issue than a latent one in the context of this case,” Lauria told US Bankruptcy Judge Martin Glenn during a hearing in federal court in <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>.</p><p>Under FDIC receivership rules it can take months for the agency to decide whether the money will be returned and then years if that decision is appealed, lawyers said during the hearing. The claims process could be resolved “sometime in the next century,” Glenn joked.</p><p>Closely Entangled</p><p>A major issue for lawyers representing the parties involved — which include the FDIC, Silicon Valley Bridge Bank NA and SVB Financial — is that their operations are closely linked.</p><p>“There are a lot of interconnections between the bank and the debtors,” said Sandeep Qusba, a lawyer representing the bridge bank, which was established as a result of the FDIC seizure. SVB Financial sponsors the bank’s employee benefits, for instance. The two also share some of the same vendors.</p><p>But the bridge bank is under the federal government’s purview. The dispute over the $2 billion pits the mission of the FDIC — returning money to depositors — against the priorities of bankruptcy, which is to repay creditors like the bondholders, who hold big claims against SVB.</p><p>The FDIC may argue it’s a creditor in the bankruptcy case and file a claim that competes with the bondholders. Lauria argued that any fight over the $2 billion should happen in bankruptcy court.</p><p>“The FDIC seems to believe they can resolve their claims away from this court,” he said.</p><p>SVB has worked out a number of minor disputes about sharing information and allowing its former employees, who now work for the FDIC-controlled bridge bank, to cooperate with the bankrupt holding company, SVB lawyer James Bromley said in court.</p><p>But the main question is what happens to the $2 billion, he said.</p><p>The bankruptcy case is <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>, 23-10367, US Bankruptcy Court for the Southern District of New York.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SVB Financial Must Wait to Get Back $2 Billion from FDIC</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\">\nSVB Financial Must Wait to Get Back $2 Billion from FDIC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-22 07:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/svb-financial-must-wait-back-215400819.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The former owner of Silicon Valley Bank, seized earlier this month by regulators, will need to wait, possibly for several months, to know if it can get back about $2 billion in cash it would need to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/svb-financial-must-wait-back-215400819.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/svb-financial-must-wait-back-215400819.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321609766","content_text":"The former owner of Silicon Valley Bank, seized earlier this month by regulators, will need to wait, possibly for several months, to know if it can get back about $2 billion in cash it would need to repay bondholders and other creditors.SVB Financial Group won provisional court approval Tuesday to spend only a fraction of the cash the company claims federal regulators must return. What happens with the rest of the money will need to be decided in the coming months, with lawyers for bondholders owed more than $3.3 billion saying they are concerned that the Federal Deposit Insurance Corp. will try to keep the cash.The FDIC’s decision to lock down the $2 billion “creates jeopardy” in the bankruptcy case, said Tom Lauria, a lawyer representing a large bondholder, Appaloosa LP.“It seems to be a more urgent issue than a latent one in the context of this case,” Lauria told US Bankruptcy Judge Martin Glenn during a hearing in federal court in Manhattan.Under FDIC receivership rules it can take months for the agency to decide whether the money will be returned and then years if that decision is appealed, lawyers said during the hearing. The claims process could be resolved “sometime in the next century,” Glenn joked.Closely EntangledA major issue for lawyers representing the parties involved — which include the FDIC, Silicon Valley Bridge Bank NA and SVB Financial — is that their operations are closely linked.“There are a lot of interconnections between the bank and the debtors,” said Sandeep Qusba, a lawyer representing the bridge bank, which was established as a result of the FDIC seizure. SVB Financial sponsors the bank’s employee benefits, for instance. The two also share some of the same vendors.But the bridge bank is under the federal government’s purview. The dispute over the $2 billion pits the mission of the FDIC — returning money to depositors — against the priorities of bankruptcy, which is to repay creditors like the bondholders, who hold big claims against SVB.The FDIC may argue it’s a creditor in the bankruptcy case and file a claim that competes with the bondholders. Lauria argued that any fight over the $2 billion should happen in bankruptcy court.“The FDIC seems to believe they can resolve their claims away from this court,” he said.SVB has worked out a number of minor disputes about sharing information and allowing its former employees, who now work for the FDIC-controlled bridge bank, to cooperate with the bankrupt holding company, SVB lawyer James Bromley said in court.But the main question is what happens to the $2 billion, he said.The bankruptcy case is SVB Financial Group, 23-10367, US Bankruptcy Court for the Southern District of New York.","news_type":1},"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949476871,"gmtCreate":1678863499194,"gmtModify":1678863502673,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949476871","repostId":"2319007977","repostType":2,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949950505,"gmtCreate":1678321099208,"gmtModify":1678326371402,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949950505","repostId":"1169052871","repostType":2,"repost":{"id":"1169052871","kind":"news","pubTimestamp":1678320521,"share":"https://ttm.financial/m/news/1169052871?lang=&edition=fundamental","pubTime":"2023-03-09 08:08","market":"sg","language":"en","title":"Singapore Stock Market Has Flat Lead For Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169052871","media":"RTTNews","summary":"The Singapore stock market on Wednesday snapped the two-day winning streak in which it had picked up","content":"<html><head></head><body><p>The Singapore stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,225-point plateau and it&#39;s likely to remain rangebound again on Thursday.</p><p>The global forecast is mixed to higher as markets are expected to recover from selling pressure earlier this week. The European and U.S. markets were mixed and little changed and the Asian markets figure to open in similar fashion.</p><p>The STI finished modestly lower on Wednesday following losses from the properties and REITs, while the financials and industrials were mixed.</p><p>For the day, the index shed 18.41 points or 0.57 percent to finish at 3,226.86 after trading between 3,215.58 and 3,242.53.</p><p>Among the actives, Ascendas REIT declined 1.81 percent, while CapitaLand Integrated Commercial Trust shed 1.05 percent, CapitaLand Investment tumbled 1.95 percent, City Developments sank 1.07 percent, Comfort DelGro slid 0.83 percent, DBS Group eased 0.38 percent, DFI Retail plummeted 6.67 percent, Emperador fell 1.00 percent, Hongkong Land slumped 1.56 percent, Mapletree Pan Asia Commercial Trust and Thai Beverage both plunged 2.31 percent, Mapletree Industrial Trust tanked 2.15 percent, Mapletree Logistics Trust skidded 1.21 percent, Oversea-Chinese Banking Corporation lost 1.03 percent, SATS retreated 1.60 percent, SembCorp Industries climbed 1.06 percent, Singapore Technologies Engineering dropped 1.15 percent, SingTel advanced 0.84 percent, United Overseas Bank perked 0.07 percent, Wilmar International added 0.51 percent, Yangzijiang Shipbuilding dipped 0.75 percent and Genting Singapore, Yangzijiang Financial and Keppel Corp were unchanged.</p><p>The lead from Wall Street offers little clarity as spent most of Wednesday bouncing back and forth across the unchanged line, finally finishing mixed and little changed.</p><p>The Dow lost 58.06 points or 0.18 percent to finish at 32,798.40, while the NASDAQ gained 45.67 points or 0.40 percent to close at 11,576.00 and the S&amp;P 500 perked 5.64 points or 0.14 percent to end at 3,992.01.</p><p>The choppy trading on Wall Street reflected uncertainty about the near-term outlook for the markets following Tuesday&#39;s sell-off, which reflected renewed concerns about the outlook for interest following remarks by Federal Reserve Chair Jerome Powell.</p><p>Traders may also have been reluctant to make significant moves ahead of the release of the closely watched monthly jobs report on Friday.</p><p>In economic news, payroll processor ADP said private sector employment in the U.S. increased more than expected in February. Also, the Labor Department said job openings in the U.S. fell to 10.8 million in January from 11.2 million in December.</p><p>Crude oil prices slipped on Wednesday, extending losses from the previous session amid concerns about outlook for energy demand following Powell&#39;s remarks to Congress. West Texas Intermediate Crude oil futures for April ended lower by $0.92 or 1.2 percent at $76.66 a barrel.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market Has Flat Lead For Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market Has Flat Lead For Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-09 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3349154/singapore-stock-market-has-flat-lead-for-thursday.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,225-point ...</p>\n\n<a href=\"https://www.rttnews.com/3349154/singapore-stock-market-has-flat-lead-for-thursday.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3349154/singapore-stock-market-has-flat-lead-for-thursday.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169052871","content_text":"The Singapore stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,225-point plateau and it's likely to remain rangebound again on Thursday.The global forecast is mixed to higher as markets are expected to recover from selling pressure earlier this week. The European and U.S. markets were mixed and little changed and the Asian markets figure to open in similar fashion.The STI finished modestly lower on Wednesday following losses from the properties and REITs, while the financials and industrials were mixed.For the day, the index shed 18.41 points or 0.57 percent to finish at 3,226.86 after trading between 3,215.58 and 3,242.53.Among the actives, Ascendas REIT declined 1.81 percent, while CapitaLand Integrated Commercial Trust shed 1.05 percent, CapitaLand Investment tumbled 1.95 percent, City Developments sank 1.07 percent, Comfort DelGro slid 0.83 percent, DBS Group eased 0.38 percent, DFI Retail plummeted 6.67 percent, Emperador fell 1.00 percent, Hongkong Land slumped 1.56 percent, Mapletree Pan Asia Commercial Trust and Thai Beverage both plunged 2.31 percent, Mapletree Industrial Trust tanked 2.15 percent, Mapletree Logistics Trust skidded 1.21 percent, Oversea-Chinese Banking Corporation lost 1.03 percent, SATS retreated 1.60 percent, SembCorp Industries climbed 1.06 percent, Singapore Technologies Engineering dropped 1.15 percent, SingTel advanced 0.84 percent, United Overseas Bank perked 0.07 percent, Wilmar International added 0.51 percent, Yangzijiang Shipbuilding dipped 0.75 percent and Genting Singapore, Yangzijiang Financial and Keppel Corp were unchanged.The lead from Wall Street offers little clarity as spent most of Wednesday bouncing back and forth across the unchanged line, finally finishing mixed and little changed.The Dow lost 58.06 points or 0.18 percent to finish at 32,798.40, while the NASDAQ gained 45.67 points or 0.40 percent to close at 11,576.00 and the S&P 500 perked 5.64 points or 0.14 percent to end at 3,992.01.The choppy trading on Wall Street reflected uncertainty about the near-term outlook for the markets following Tuesday's sell-off, which reflected renewed concerns about the outlook for interest following remarks by Federal Reserve Chair Jerome Powell.Traders may also have been reluctant to make significant moves ahead of the release of the closely watched monthly jobs report on Friday.In economic news, payroll processor ADP said private sector employment in the U.S. increased more than expected in February. Also, the Labor Department said job openings in the U.S. fell to 10.8 million in January from 11.2 million in December.Crude oil prices slipped on Wednesday, extending losses from the previous session amid concerns about outlook for energy demand following Powell's remarks to Congress. West Texas Intermediate Crude oil futures for April ended lower by $0.92 or 1.2 percent at $76.66 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940733535,"gmtCreate":1678165303728,"gmtModify":1678165649599,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940733535","repostId":"2317212145","repostType":2,"repost":{"id":"2317212145","kind":"highlight","pubTimestamp":1678173355,"share":"https://ttm.financial/m/news/2317212145?lang=&edition=fundamental","pubTime":"2023-03-07 15:15","market":"us","language":"en","title":"2 Top Tech Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2317212145","media":"Motley Fool","summary":"Investors can safely look past short-term growth concerns with these winning businesses.","content":"<html><head></head><body><p>Tech stocks have been hit especially hard in the market downturn that started in early 2022. The <b>Nasdaq Composite Index</b>&#39;s losses roughly doubled the 8% decline in the <b>S&amp;P 500</b> in the past 12 months.</p><p>Sure, some of that slump makes sense given rising interest rates and the potential for a recession ahead. But those issues don&#39;t threaten the five-year outlook for industry-leading, highly profitable tech companies.</p><p>With that backdrop in mind, let&#39;s look at a few good reasons to take advantage of the stock market pullback to make long-term investments in <b>Microsoft</b> and <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> shares.</p><h2>Microsoft</h2><p>There&#39;s little doubt that Microsoft will have a tough fiscal 2023. Sales in the second-quarter period rose just 2% as strong demand for its cloud services was offset by slumping sales in areas like PC and video game software. The tech giant is going through some major growth hangovers in these areas, which saw huge gains in earlier phases of the pandemic.</p><p>Yet Microsoft&#39;s financial strength is even more impressive in the context of this cyclical slowdown. The company generated $20.4 billion of operating income on $52.7 billion of revenue in Q2. That 39% profit margin puts it among the most profitable large companies on the market.</p><p>Microsoft was also able to send $10 billion of cash to shareholders through stock buybacks and a rising dividend in Q2. This flow of cash should cushion investors&#39; returns while they hold this diverse growth stock through the industry ups and downs.</p><h2>Adobe</h2><p>Adobe&#39;s business is setting sales and earnings records, but the stock is down significantly in the past year. That contrast can be explained by increasing fears that Adobe will issue a weak outlook in its next earnings update, slated for mid-March.</p><p>Patient investors can look past those short-term concerns toward Adobe&#39;s bright future. The software specialist is finding plenty of room to expand its customer base while boosting its service offerings. Revenue was up 15% in the last full year after accounting for currency exchange shifts, on top of huge gains a year earlier.</p><p>Adobe generated a record $7.8 billion of operating cash flow in fiscal 2022 as well, giving managment flexibility to continue investing heavily in growth initiatives even as many industry peers pulled back on spending.</p><p>The company&#39;s next earnings update might confirm that 2023 will be another year of slowing growth. Heading into the report, management is calling for annual sales gains of roughly 13%, compared to 15% in 2022 and a 23% spike in fiscal 2021.</p><p>That slump won&#39;t last forever, considering Adobe&#39;s dominant position in digital content production. In the meantime, investors can grab this stock at a huge discount. Its current valuation of 8.6 times annual sales is near the lowest that shareholders have seen in the past five years.</p><p>Sure, the next few quarters might be rocky for its industry. But Adobe is likely to lead its niche out of the slowdown when the inevitable rebound starts. That fact makes the stock an attractive one for growth-focused investors to consider owning here in early 2023.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top Tech Stocks to Buy for the Long Haul</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\">\n2 Top Tech Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-07 15:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/06/2-top-tech-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks have been hit especially hard in the market downturn that started in early 2022. The Nasdaq Composite Index's losses roughly doubled the 8% decline in the S&P 500 in the past 12 months....</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/06/2-top-tech-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4567":"ESG概念","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","BK4566":"资本集团","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4525":"远程办公概念","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4577":"网络游戏","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4527":"明星科技股","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4550":"红杉资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4503":"景林资产持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","BK4097":"系统软件","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4504":"桥水持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","ADBE":"Adobe","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0072462426.USD":"贝莱德全球配置 A2","BK4548":"巴美列捷福持仓","LU0238689110.USD":"贝莱德环球动力股票基金","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4528":"SaaS概念","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.fool.com/investing/2023/03/06/2-top-tech-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2317212145","content_text":"Tech stocks have been hit especially hard in the market downturn that started in early 2022. The Nasdaq Composite Index's losses roughly doubled the 8% decline in the S&P 500 in the past 12 months.Sure, some of that slump makes sense given rising interest rates and the potential for a recession ahead. But those issues don't threaten the five-year outlook for industry-leading, highly profitable tech companies.With that backdrop in mind, let's look at a few good reasons to take advantage of the stock market pullback to make long-term investments in Microsoft and Adobe shares.MicrosoftThere's little doubt that Microsoft will have a tough fiscal 2023. Sales in the second-quarter period rose just 2% as strong demand for its cloud services was offset by slumping sales in areas like PC and video game software. The tech giant is going through some major growth hangovers in these areas, which saw huge gains in earlier phases of the pandemic.Yet Microsoft's financial strength is even more impressive in the context of this cyclical slowdown. The company generated $20.4 billion of operating income on $52.7 billion of revenue in Q2. That 39% profit margin puts it among the most profitable large companies on the market.Microsoft was also able to send $10 billion of cash to shareholders through stock buybacks and a rising dividend in Q2. This flow of cash should cushion investors' returns while they hold this diverse growth stock through the industry ups and downs.AdobeAdobe's business is setting sales and earnings records, but the stock is down significantly in the past year. That contrast can be explained by increasing fears that Adobe will issue a weak outlook in its next earnings update, slated for mid-March.Patient investors can look past those short-term concerns toward Adobe's bright future. The software specialist is finding plenty of room to expand its customer base while boosting its service offerings. Revenue was up 15% in the last full year after accounting for currency exchange shifts, on top of huge gains a year earlier.Adobe generated a record $7.8 billion of operating cash flow in fiscal 2022 as well, giving managment flexibility to continue investing heavily in growth initiatives even as many industry peers pulled back on spending.The company's next earnings update might confirm that 2023 will be another year of slowing growth. Heading into the report, management is calling for annual sales gains of roughly 13%, compared to 15% in 2022 and a 23% spike in fiscal 2021.That slump won't last forever, considering Adobe's dominant position in digital content production. In the meantime, investors can grab this stock at a huge discount. Its current valuation of 8.6 times annual sales is near the lowest that shareholders have seen in the past five years.Sure, the next few quarters might be rocky for its industry. But Adobe is likely to lead its niche out of the slowdown when the inevitable rebound starts. That fact makes the stock an attractive one for growth-focused investors to consider owning here in early 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942523088,"gmtCreate":1681258068744,"gmtModify":1681258072302,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"Very good day when you start to read more, good","listText":"Very good day when you start to read more, good","text":"Very good day when you start to read more, good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942523088","isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943822278,"gmtCreate":1679363520595,"gmtModify":1679363524328,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943822278","repostId":"2321666155","repostType":2,"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943861587,"gmtCreate":1679357417649,"gmtModify":1679357421758,"author":{"id":"4139651334948722","authorId":"4139651334948722","name":"Tang Kok Weng","avatar":"https://community-static.tradeup.com/news/35f99212b2216adb154b29f2917fe6b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4139651334948722","authorIdStr":"4139651334948722"},"themes":[],"htmlText":"omg","listText":"omg","text":"omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943861587","repostId":"1164735991","repostType":2,"repost":{"id":"1164735991","kind":"news","pubTimestamp":1679274102,"share":"https://ttm.financial/m/news/1164735991?lang=&edition=fundamental","pubTime":"2023-03-20 09:01","market":"us","language":"en","title":"The 7 Worst Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1164735991","media":"InvestorPlace","summary":"Objectively, these may be the worst stocks to buy now.First Republic Bank(FRC): First Republic is an","content":"<html><head></head><body><ul><li>Objectively, these may be the worst stocks to buy now.</li><li><b>First Republic Bank</b>(<b>FRC</b>): First Republic is an obvious name to avoid.</li><li><b>Archer Aviation</b>(<b>ACHR</b>): Archer Aviation just can’t get off the ground.</li><li><b>Nuvation Bio</b>(<b>NUVB</b>): Nuvation Bio is a purely aspirational firm.</li><li><b>Faraday Future</b>(<b>FFIE</b>): Faraday Future may be living in a fantasy world.</li><li><b>Mullen Automotive</b>(<b>MULN</b>): Mullen Automotive faces significant hurdles.</li><li><b>Prelude Therapeutics</b>(<b>PRLD</b>): Prelude just can’t gain momentum.</li><li><b>GeneDx Holdings</b>(<b>WGS</b>): GeneDx suffers from flawed financials.</li></ul><p>Generally, I dislike writing about the worst stocks to buy now (or similar themes) because it invariably offends members of the internet defense league. It’s not the greatest experience to receive a flood of messages from people defending the honor of corporations who could care less about them. However, in this case, I’m game.</p><p>Recently, my colleagues have turned to ChatGPT to ask the artificial intelligence program what it thinks are the best or worst stocks to buy now. I did something similar. Interestingly, the platform features a filter called “Probability of Financial Distress (%).” And so, I inputted the worst range possible – 95% to 100% probability of distress.</p><p>For full disclosure, I used no other filter aside from not including the following equities categories: over-the-counter securities, trusts, and master limited partnerships (MLPs). What you see before you are the seven worst stocks to buy now. Please don’t shoot the messenger.</p><p><b>First Republic Bank (FRC)</b></p><p>Leading off this list of worst stocks to buy now, <b>First Republic Bank</b>(NYSE: <b>FRC</b>) should really catch no one by surprise. The only exception is if you haven’t heard about the latest banking fiasco. Otherwise, you know that several market observers have raised red flags about FRC. Though it had a big move up on Thursday, over the trailing five sessions through the close of March 16, FRC fell a staggering 50.4%.</p><p>Just that statistic alone warrants inclusion for the worst stocks to buy now. Still, without context, FRC might appear as a sterling contrarian buy. For instance, the market prices shares at a trailing multiple of 4.16. It also prices them at a forward multiple of 5.72. No matter which way you look, First Republic appears undervalued. However, Gurufocus.com warns that it’s a possible value trap. Presently, one of the major concerns about the enterprise centers on its balance sheet. It features a cash-to-debt ratio of 0.28 times, ranked worse than nearly 83% of the competition. Frankly, you should probably avoid this stock.</p><p><b>Archer Aviation (ACHR)</b></p><p>Coming in second place on this dubious list of worst stocks to buy now is <b>Archer Aviation</b>(NYSE: <b>ACHR</b>). An American firm commercializing electric vertical takeoff and landing (eVTOL) aircraft, Archer appears compelling from a narrative point of view. Unfortunately, at some point, investors do want to see narratives turn into a credible pathway toward profitability.</p><p>Unfortunately, it’s not quite taking off. Sure, since the Jan. opener, ACHR gained over 38% of its equity value. However, in the past 365 days, the security fell by almost 37%. Since making its public market debut (via a reverse merger with a blank-check firm), ACHR collapsed by 73%. Interestingly, Archer benefits from a decently stable balance sheet. Right now, its cash-to-debt ratio stands at 23.93 times, above 85.56% of its peers. However, it’s the profitability that kills the company for many prospective speculators. In a pre-revenue enterprise, the firm consistently loses money. With risk-on sentiment fading in the market, ACHR ranks among the worst stocks to buy now.</p><p><b>Nuvation Bio (NUVB)</b></p><p>Headquartered in San Francisco, California, <b>Nuvation Bio</b>(NYSE: <b><u>NUVB</u></b>) enjoyed a rare positive performance on March 16, gaining over 2%. That’s about as good as it gets for the oncology specialist, which focuses on difficult-to-treat cancers. Since the start of the new year, NUVB gave up nearly 17% of its equity value. In the past 365 days, it’s down over 68%. Initially, Nuvation doesn’t appear to rank among the worst stocks to buy now. In particular, it features a very robust balance sheet. Presently, its cash-to-debt ratio stands at 155.17 times, above 77% of the industry. Also, its equity-to-asset ratio is 0.98 times, ranking better than nearly 98% of the competition.</p><p>However, Nuvation represents a purely aspirational firm, meaning that it generates zero revenue. At a time when investors are moving away from risk-on assets, NUVB appears particularly risky. To be fair, analysts peg NUVB as a consensus moderate buy with a $4.33 price target. While that implies a 158% upside potential, this could be a case of unjustified euphoria. I’ll let you be the judge.</p><p><b>Faraday Future (FFIE)</b></p><p>A struggling electric vehicle firm, <b>Faraday Future</b>(NASDAQ: <b>FFIE</b>) should be an unsurprising inclusion for worst stocks to buy now. With the consumer economy suffering from myriad pressures, now’s not the time to acquire big-ticket items. Moreover, the company’s FF 91 may feature a starting price of $180,000. That might be the killer right there. Faraday has no business charging that much without establishing a viable brand.</p><p>It seems the market picked up on this framework. While FFIE gained a stunning 57% in the year so far, in the trailing one-year period, it’s down 91%. Looking at its financials, the situation becomes even more problematic. Without revenue, the company stares at staggering losses. Therefore, it features truly ugly stats for return on equity (ROE) and returns on asset (ROA). To be fair, Faraday does feature a middling balance sheet, if that’s even a good thing. However, no analyst covers it. And with a share price of 42 cents, it’s looking at a de-listing.</p><p><b>Mullen Automotive (MULN)</b></p><p>The name that brings fear to anyone covering the market, <b>Mullen Automotive</b>(NASDAQ: <b>MULN</b>) comes in as the fifth name of worst stocks to buy now. Again, I’m just reading off the list that Gurufocus.com provided as is. However, if we’re being objective, MULN ranking poorly shouldn’t be a shocker. Sure, Mullen made significant progress. Nevertheless, it’s going to take a herculean effort to convince customers to bet big on a no-name vehicle.</p><p>Aside from the customer market concern, Mullen runs into a similar problem plaguing other worst stocks to buy now:no revenue. While investors were willing to extend lifelines to such enterprises during a low-interest rate environment, I’m not sure how they’ll feel in a rising interest rate environment. Plus, with banking sector fears clouding the broader ecosystem, MULN appears unnecessarily risky. Plus, it’s getting absolutely destroyed in the charts. Since the Jan. opener, MULN cratered over 53%. In the trailing year, it’s down 94%. It may be time for investors to recognize the obvious dangers and run.</p><p><b>Prelude Therapeutics (PRLD)</b></p><p>Based in Wilmington, Delaware, <b>Prelude Therapeutics</b>(NASDAQ: <b>PRLD</b>) represents a clinical-stage biopharmaceutical company. Specifically, it designs and develops a pipeline of novel, small-molecule therapies that precisely target the key drivers of cancer cell growth and resistance. Although scientifically compelling, PRLD faces credibility issues. In the trailing one-year period, shares tumbled almost 22%.</p><p>In fairness, some metrics suggest that PRLD doesn’t deserve to be listed among the worst stocks to buy now. Again, let me just emphasize that I’m merely reporting what Gurufocus.com spat out. Further, I agree that Prelude benefits from a strong balance sheet. In particular, its cash-to-debt ratio comes in at 110.11 times, above 77.68% of the industry.</p><p>So, where does the biotech outfit go wrong? Unfortunately, Prelude represents another pre-revenue enterprise. As macroeconomic fears weigh on investor sentiment, market participants will likely lose patience for such entities. Also, key stats such as ROE and ROA have fallen into negative territory.</p><p><b>GeneDx Holdings (WGS)</b></p><p>Based in Stamford, Connecticut, <b>GeneDx Holdings</b>(NASDAQ: <b>WGS</b>) is a whole genome and exome testing specialist. Through its products, GeneDx facilitates a complete view of a patient’s genetic makeup. Although offering a fascinating scientific profile, WGS simply failed to capture investors’ interest. Sure, it gained almost 27% since the January opener. However, in the trailing year, WGS hemorrhaged almost 89% of its market value.</p><p>Look, the reality is that anytime a public security crumbles 89%, you’re probably going to end up as one of the worst stocks to buy now. Therefore, I can’t fault Gurufocus.com for ranking it so high (or is that so low?). Financially as well, circumstances don’t get much better for GeneDx. Operationally, the company suffers from a three-year revenue growth rate of 5.2% below parity. As well, its free cash flow growth rate during the same period sits at 90.8% below breakeven. Not surprisingly, GeneDx carries deeply negative operating and net margins. While it does have some strengths in the balance sheet, overall, it’s middling. Therefore, WGS represents one of the worst stocks to buy now.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 7 Worst Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 7 Worst Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/03/the-7-worst-stocks-to-buy-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Objectively, these may be the worst stocks to buy now.First Republic Bank(FRC): First Republic is an obvious name to avoid.Archer Aviation(ACHR): Archer Aviation just can’t get off the ground.Nuvation...</p>\n\n<a href=\"https://investorplace.com/2023/03/the-7-worst-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MULN":"Mullen Automotive","ACHR":"Archer Aviation Inc.","FFIE":"Faraday Future","WGS":"GeneDx Holdings","NUVB":"Nuvation Bio, Inc.","PRLD":"Prelude Therapeutics Inc"},"source_url":"https://investorplace.com/2023/03/the-7-worst-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164735991","content_text":"Objectively, these may be the worst stocks to buy now.First Republic Bank(FRC): First Republic is an obvious name to avoid.Archer Aviation(ACHR): Archer Aviation just can’t get off the ground.Nuvation Bio(NUVB): Nuvation Bio is a purely aspirational firm.Faraday Future(FFIE): Faraday Future may be living in a fantasy world.Mullen Automotive(MULN): Mullen Automotive faces significant hurdles.Prelude Therapeutics(PRLD): Prelude just can’t gain momentum.GeneDx Holdings(WGS): GeneDx suffers from flawed financials.Generally, I dislike writing about the worst stocks to buy now (or similar themes) because it invariably offends members of the internet defense league. It’s not the greatest experience to receive a flood of messages from people defending the honor of corporations who could care less about them. However, in this case, I’m game.Recently, my colleagues have turned to ChatGPT to ask the artificial intelligence program what it thinks are the best or worst stocks to buy now. I did something similar. Interestingly, the platform features a filter called “Probability of Financial Distress (%).” And so, I inputted the worst range possible – 95% to 100% probability of distress.For full disclosure, I used no other filter aside from not including the following equities categories: over-the-counter securities, trusts, and master limited partnerships (MLPs). What you see before you are the seven worst stocks to buy now. Please don’t shoot the messenger.First Republic Bank (FRC)Leading off this list of worst stocks to buy now, First Republic Bank(NYSE: FRC) should really catch no one by surprise. The only exception is if you haven’t heard about the latest banking fiasco. Otherwise, you know that several market observers have raised red flags about FRC. Though it had a big move up on Thursday, over the trailing five sessions through the close of March 16, FRC fell a staggering 50.4%.Just that statistic alone warrants inclusion for the worst stocks to buy now. Still, without context, FRC might appear as a sterling contrarian buy. For instance, the market prices shares at a trailing multiple of 4.16. It also prices them at a forward multiple of 5.72. No matter which way you look, First Republic appears undervalued. However, Gurufocus.com warns that it’s a possible value trap. Presently, one of the major concerns about the enterprise centers on its balance sheet. It features a cash-to-debt ratio of 0.28 times, ranked worse than nearly 83% of the competition. Frankly, you should probably avoid this stock.Archer Aviation (ACHR)Coming in second place on this dubious list of worst stocks to buy now is Archer Aviation(NYSE: ACHR). An American firm commercializing electric vertical takeoff and landing (eVTOL) aircraft, Archer appears compelling from a narrative point of view. Unfortunately, at some point, investors do want to see narratives turn into a credible pathway toward profitability.Unfortunately, it’s not quite taking off. Sure, since the Jan. opener, ACHR gained over 38% of its equity value. However, in the past 365 days, the security fell by almost 37%. Since making its public market debut (via a reverse merger with a blank-check firm), ACHR collapsed by 73%. Interestingly, Archer benefits from a decently stable balance sheet. Right now, its cash-to-debt ratio stands at 23.93 times, above 85.56% of its peers. However, it’s the profitability that kills the company for many prospective speculators. In a pre-revenue enterprise, the firm consistently loses money. With risk-on sentiment fading in the market, ACHR ranks among the worst stocks to buy now.Nuvation Bio (NUVB)Headquartered in San Francisco, California, Nuvation Bio(NYSE: NUVB) enjoyed a rare positive performance on March 16, gaining over 2%. That’s about as good as it gets for the oncology specialist, which focuses on difficult-to-treat cancers. Since the start of the new year, NUVB gave up nearly 17% of its equity value. In the past 365 days, it’s down over 68%. Initially, Nuvation doesn’t appear to rank among the worst stocks to buy now. In particular, it features a very robust balance sheet. Presently, its cash-to-debt ratio stands at 155.17 times, above 77% of the industry. Also, its equity-to-asset ratio is 0.98 times, ranking better than nearly 98% of the competition.However, Nuvation represents a purely aspirational firm, meaning that it generates zero revenue. At a time when investors are moving away from risk-on assets, NUVB appears particularly risky. To be fair, analysts peg NUVB as a consensus moderate buy with a $4.33 price target. While that implies a 158% upside potential, this could be a case of unjustified euphoria. I’ll let you be the judge.Faraday Future (FFIE)A struggling electric vehicle firm, Faraday Future(NASDAQ: FFIE) should be an unsurprising inclusion for worst stocks to buy now. With the consumer economy suffering from myriad pressures, now’s not the time to acquire big-ticket items. Moreover, the company’s FF 91 may feature a starting price of $180,000. That might be the killer right there. Faraday has no business charging that much without establishing a viable brand.It seems the market picked up on this framework. While FFIE gained a stunning 57% in the year so far, in the trailing one-year period, it’s down 91%. Looking at its financials, the situation becomes even more problematic. Without revenue, the company stares at staggering losses. Therefore, it features truly ugly stats for return on equity (ROE) and returns on asset (ROA). To be fair, Faraday does feature a middling balance sheet, if that’s even a good thing. However, no analyst covers it. And with a share price of 42 cents, it’s looking at a de-listing.Mullen Automotive (MULN)The name that brings fear to anyone covering the market, Mullen Automotive(NASDAQ: MULN) comes in as the fifth name of worst stocks to buy now. Again, I’m just reading off the list that Gurufocus.com provided as is. However, if we’re being objective, MULN ranking poorly shouldn’t be a shocker. Sure, Mullen made significant progress. Nevertheless, it’s going to take a herculean effort to convince customers to bet big on a no-name vehicle.Aside from the customer market concern, Mullen runs into a similar problem plaguing other worst stocks to buy now:no revenue. While investors were willing to extend lifelines to such enterprises during a low-interest rate environment, I’m not sure how they’ll feel in a rising interest rate environment. Plus, with banking sector fears clouding the broader ecosystem, MULN appears unnecessarily risky. Plus, it’s getting absolutely destroyed in the charts. Since the Jan. opener, MULN cratered over 53%. In the trailing year, it’s down 94%. It may be time for investors to recognize the obvious dangers and run.Prelude Therapeutics (PRLD)Based in Wilmington, Delaware, Prelude Therapeutics(NASDAQ: PRLD) represents a clinical-stage biopharmaceutical company. Specifically, it designs and develops a pipeline of novel, small-molecule therapies that precisely target the key drivers of cancer cell growth and resistance. Although scientifically compelling, PRLD faces credibility issues. In the trailing one-year period, shares tumbled almost 22%.In fairness, some metrics suggest that PRLD doesn’t deserve to be listed among the worst stocks to buy now. Again, let me just emphasize that I’m merely reporting what Gurufocus.com spat out. Further, I agree that Prelude benefits from a strong balance sheet. In particular, its cash-to-debt ratio comes in at 110.11 times, above 77.68% of the industry.So, where does the biotech outfit go wrong? Unfortunately, Prelude represents another pre-revenue enterprise. As macroeconomic fears weigh on investor sentiment, market participants will likely lose patience for such entities. Also, key stats such as ROE and ROA have fallen into negative territory.GeneDx Holdings (WGS)Based in Stamford, Connecticut, GeneDx Holdings(NASDAQ: WGS) is a whole genome and exome testing specialist. Through its products, GeneDx facilitates a complete view of a patient’s genetic makeup. Although offering a fascinating scientific profile, WGS simply failed to capture investors’ interest. Sure, it gained almost 27% since the January opener. However, in the trailing year, WGS hemorrhaged almost 89% of its market value.Look, the reality is that anytime a public security crumbles 89%, you’re probably going to end up as one of the worst stocks to buy now. Therefore, I can’t fault Gurufocus.com for ranking it so high (or is that so low?). Financially as well, circumstances don’t get much better for GeneDx. Operationally, the company suffers from a three-year revenue growth rate of 5.2% below parity. As well, its free cash flow growth rate during the same period sits at 90.8% below breakeven. Not surprisingly, GeneDx carries deeply negative operating and net margins. While it does have some strengths in the balance sheet, overall, it’s middling. Therefore, WGS represents one of the worst stocks to buy now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}