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2023-11-23
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MyntOo
2023-11-22
2D
Pre-Bell｜Nasdaq Futures Gained 68 Points; Nvidia Hit Another Record High While AI Helped One Stock Rise 40% in 2 Days
MyntOo
2023-11-22
2D ဘာလဲ
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Stocks tumbled over 15% in premarket trading.Market NewsFederal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.$NVIDIA Corp$ said sales reached a record in its latest quarter and gave a positive outlook,it also gave a sunny forecast for i","content":"<html><head></head><body><p>U.S. stock index futures rose slightly on Wednesday, as traders tried to regain their footing following a losing session.</p><h2 id=\"id_320772126\">Market Snapshot</h2><p>At 07:45 a.m. ET, Dow e-minis were up 35 points, or 0.1%, S&P 500 e-minis were up 11.5 points, or 0.25%, and Nasdaq 100 e-minis were up 68.75 points, or 0.43%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e724a1de19cfa0b6abb2c7c5c252ad7e\" tg-width=\"313\" tg-height=\"141\"/></p><h2 id=\"id_616275872\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></strong> - It reported Q3 adjusted earnings of $4.02 a share, easily topping analysts’ forecasts of $3.37, while revenue of $18.1 billion set a record. Stocks rose slightly in premarket trading and hit another all-time high of $506.5.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></strong> - Sam Altman will be returning to OpenAI as chief executive. Microsoft is the largest investor in OpenAI. Stocks rose slightly in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/HPQ\">HP Inc</a></strong> - It reported that fiscal fourth-quarter revenue fell 6.5% to $13.8 billion, in line with Wall Street estimates, but said it sees a turnaround coming in the year ahead. Stocks slid nearly 2% in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DE\">John Deere</a></strong> - It forecasts 2024 profit below analysts' estimates as high borrowing costs and squeezed budgets dented demand for farm equipment. Stocks fell nearly 6% in premarket trading.</p><p><strong><a href=\"https://laohu8.com/S/VFS\">VinFast Auto</a></strong> - Stocks continued to gain over 5% in premarket trading after soaring 11.75% yesterday. Wedbush Securities analyst Daniel Ives initiated coverage on it and offered a price target of $12 per share.</p><p><strong><a href=\"https://laohu8.com/S/SGD\">SAFE & GREEN DEVELOPMENT CORP</a></strong> - Stocks continued to jump over 6% in premarket trading after surging 33.22% yesterday. It will invest in Majestic World in exchange for access to its software platform Xene powered by AI technology.</p><p><strong><a href=\"https://laohu8.com/S/DLO\">DLocal Limited</a></strong> - Its chief financial officer would be stepping down and the company reported Q3 revenue that missed analysts’ forecasts. Stocks crashed nearly 10% in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/GES\">Guess?</a></strong> - Its Q3 adjusted earnings were lower than expected and it cut its fiscal-year profit and revenue outlooks. Stocks tumbled over 15% in premarket trading.</p><h2 id=\"id_2248225122\">Market News</h2><p>Federal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.</p><p><strong><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></strong> said sales reached a record in its latest quarter and gave a positive outlook, it also gave a sunny forecast for its current quarter, projecting around $20 billion of sales, above expectations of about $18 billion.</p><p>OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom.</p><p><strong><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></strong> founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, Bezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said.</p><p>Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange, prosecutors said on Tuesday.</p><p>Warren Buffett said on Tuesday he has donated about $866 million of <strong><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></strong> stock to four family charities, and told shareholders "I feel good" as he moves nearer the sunset of his storied investing career.</p><p><strong><a href=\"https://laohu8.com/S/HPQ\">HP Inc</a></strong> on forecasted first-quarter profit below Wall Street estimates but maintained its annual earnings outlook, a sign that demand in the personal computers market is still recovering.</p><p><strong><a href=\"https://laohu8.com/S/JWN\">Nordstrom</a></strong> missed Wall Street targets for third-quarter revenue on Tuesday, in a sign that sticky inflation pressured consumer spending in the months leading up to the all-important holiday shopping season.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nPre-Bell｜Nasdaq Futures Gained 68 Points; Nvidia Hit Another Record High While AI Helped One Stock Rise 40% in 2 Days\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\">2023-11-22 20:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures rose slightly on Wednesday, as traders tried to regain their footing following a losing session.</p><h2 id=\"id_320772126\">Market Snapshot</h2><p>At 07:45 a.m. ET, Dow e-minis were up 35 points, or 0.1%, S&P 500 e-minis were up 11.5 points, or 0.25%, and Nasdaq 100 e-minis were up 68.75 points, or 0.43%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e724a1de19cfa0b6abb2c7c5c252ad7e\" tg-width=\"313\" tg-height=\"141\"/></p><h2 id=\"id_616275872\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></strong> - It reported Q3 adjusted earnings of $4.02 a share, easily topping analysts’ forecasts of $3.37, while revenue of $18.1 billion set a record. Stocks rose slightly in premarket trading and hit another all-time high of $506.5.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></strong> - Sam Altman will be returning to OpenAI as chief executive. Microsoft is the largest investor in OpenAI. Stocks rose slightly in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/HPQ\">HP Inc</a></strong> - It reported that fiscal fourth-quarter revenue fell 6.5% to $13.8 billion, in line with Wall Street estimates, but said it sees a turnaround coming in the year ahead. Stocks slid nearly 2% in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DE\">John Deere</a></strong> - It forecasts 2024 profit below analysts' estimates as high borrowing costs and squeezed budgets dented demand for farm equipment. Stocks fell nearly 6% in premarket trading.</p><p><strong><a href=\"https://laohu8.com/S/VFS\">VinFast Auto</a></strong> - Stocks continued to gain over 5% in premarket trading after soaring 11.75% yesterday. Wedbush Securities analyst Daniel Ives initiated coverage on it and offered a price target of $12 per share.</p><p><strong><a href=\"https://laohu8.com/S/SGD\">SAFE & GREEN DEVELOPMENT CORP</a></strong> - Stocks continued to jump over 6% in premarket trading after surging 33.22% yesterday. It will invest in Majestic World in exchange for access to its software platform Xene powered by AI technology.</p><p><strong><a href=\"https://laohu8.com/S/DLO\">DLocal Limited</a></strong> - Its chief financial officer would be stepping down and the company reported Q3 revenue that missed analysts’ forecasts. Stocks crashed nearly 10% in premarket trading.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/GES\">Guess?</a></strong> - Its Q3 adjusted earnings were lower than expected and it cut its fiscal-year profit and revenue outlooks. Stocks tumbled over 15% in premarket trading.</p><h2 id=\"id_2248225122\">Market News</h2><p>Federal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.</p><p><strong><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></strong> said sales reached a record in its latest quarter and gave a positive outlook, it also gave a sunny forecast for its current quarter, projecting around $20 billion of sales, above expectations of about $18 billion.</p><p>OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom.</p><p><strong><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></strong> founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, Bezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said.</p><p>Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange, prosecutors said on Tuesday.</p><p>Warren Buffett said on Tuesday he has donated about $866 million of <strong><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></strong> stock to four family charities, and told shareholders "I feel good" as he moves nearer the sunset of his storied investing career.</p><p><strong><a href=\"https://laohu8.com/S/HPQ\">HP Inc</a></strong> on forecasted first-quarter profit below Wall Street estimates but maintained its annual earnings outlook, a sign that demand in the personal computers market is still recovering.</p><p><strong><a href=\"https://laohu8.com/S/JWN\">Nordstrom</a></strong> missed Wall Street targets for third-quarter revenue on Tuesday, in a sign that sticky inflation pressured consumer spending in the months leading up to the all-important holiday shopping season.</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":"1165187670","content_text":"U.S. stock index futures rose slightly on Wednesday, as traders tried to regain their footing following a losing session.Market SnapshotAt 07:45 a.m. ET, Dow e-minis were up 35 points, or 0.1%, S&P 500 e-minis were up 11.5 points, or 0.25%, and Nasdaq 100 e-minis were up 68.75 points, or 0.43%.Pre-Market MoversNVIDIA Corp - It reported Q3 adjusted earnings of $4.02 a share, easily topping analysts’ forecasts of $3.37, while revenue of $18.1 billion set a record. Stocks rose slightly in premarket trading and hit another all-time high of $506.5.Microsoft - Sam Altman will be returning to OpenAI as chief executive. Microsoft is the largest investor in OpenAI. Stocks rose slightly in premarket trading.HP Inc - It reported that fiscal fourth-quarter revenue fell 6.5% to $13.8 billion, in line with Wall Street estimates, but said it sees a turnaround coming in the year ahead. Stocks slid nearly 2% in premarket trading.John Deere - It forecasts 2024 profit below analysts' estimates as high borrowing costs and squeezed budgets dented demand for farm equipment. Stocks fell nearly 6% in premarket trading.VinFast Auto - Stocks continued to gain over 5% in premarket trading after soaring 11.75% yesterday. Wedbush Securities analyst Daniel Ives initiated coverage on it and offered a price target of $12 per share.SAFE & GREEN DEVELOPMENT CORP - Stocks continued to jump over 6% in premarket trading after surging 33.22% yesterday. It will invest in Majestic World in exchange for access to its software platform Xene powered by AI technology.DLocal Limited - Its chief financial officer would be stepping down and the company reported Q3 revenue that missed analysts’ forecasts. Stocks crashed nearly 10% in premarket trading.Guess? - Its Q3 adjusted earnings were lower than expected and it cut its fiscal-year profit and revenue outlooks. Stocks tumbled over 15% in premarket trading.Market NewsFederal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.NVIDIA Corp said sales reached a record in its latest quarter and gave a positive outlook, it also gave a sunny forecast for its current quarter, projecting around $20 billion of sales, above expectations of about $18 billion.OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom.Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, Bezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said.Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange, prosecutors said on Tuesday.Warren Buffett said on Tuesday he has donated about $866 million of Berkshire Hathaway stock to four family charities, and told shareholders \"I feel good\" as he moves nearer the sunset of his storied investing career.HP Inc on forecasted first-quarter profit below Wall Street estimates but maintained its annual earnings outlook, a sign that demand in the personal computers market is still recovering.Nordstrom missed Wall Street targets for third-quarter revenue on Tuesday, in a sign that sticky inflation pressured consumer spending in the months leading up to the all-important holiday shopping season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244154956157056,"gmtCreate":1700632053955,"gmtModify":1700632384572,"author":{"id":"4163729820610512","authorId":"4163729820610512","name":"MyntOo","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163729820610512","authorIdStr":"4163729820610512"},"themes":[],"htmlText":"2D ဘာလဲ","listText":"2D ဘာလဲ","text":"2D ဘာလဲ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244154956157056","repostId":"2385689454","repostType":2,"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":244261441757320,"gmtCreate":1700658166919,"gmtModify":1700660566218,"author":{"id":"4163729820610512","authorId":"4163729820610512","name":"MyntOo","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163729820610512","authorIdStr":"4163729820610512"},"themes":[],"htmlText":"2D","listText":"2D","text":"2D","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244261441757320","repostId":"1165187670","repostType":2,"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244154956157056,"gmtCreate":1700632053955,"gmtModify":1700632384572,"author":{"id":"4163729820610512","authorId":"4163729820610512","name":"MyntOo","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163729820610512","authorIdStr":"4163729820610512"},"themes":[],"htmlText":"2D ဘာလဲ","listText":"2D ဘာလဲ","text":"2D ဘာလဲ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244154956157056","repostId":"2385689454","repostType":2,"repost":{"id":"2385689454","kind":"highlight","pubTimestamp":1700629519,"share":"https://ttm.financial/m/news/2385689454?lang=&edition=fundamental","pubTime":"2023-11-22 13:05","market":"sg","language":"en","title":"Price Hikes of Essential Services Unavoidable, but Needy Households Will Get Help: PM Lee","url":"https://stock-news.laohu8.com/highlight/detail?id=2385689454","media":"The Business Times","summary":"IN TIMES of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public services even as it strives to keep overall costs low, said Prime Minister Lee Hsien Loong on Wednesday (Nov 22).","content":"<div>\n<p>IN TIMES of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public services even as it strives to keep overall costs low, said Prime ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee\">Web Link</a>\n\n</div>\n","source":"bustime_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>Price Hikes of Essential Services Unavoidable, but Needy Households Will Get Help: PM Lee</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\">\nPrice Hikes of Essential Services Unavoidable, but Needy Households Will Get Help: PM Lee\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 13:05 GMT+8 <a href=https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IN TIMES of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public services even as it strives to keep overall costs low, said Prime ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee\">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.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385689454","content_text":"IN TIMES of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public services even as it strives to keep overall costs low, said Prime Minister Lee Hsien Loong on Wednesday (Nov 22).“If they are not essential, we can delay them for a while longer, or at least moderate the immediate increase,” said PM Lee in a speech at the National Trades Union Congress’ national delegates’ conference.He cited the upcoming 7 per cent increase in public transport fares that will come into effect from Dec 23. The government will absorb two-thirds of what the increase should be, a move that will cost S$300 million this year alone, he said.“But some price increases will not be avoidable. Pushing them off to the future doesn’t solve the problem,” said the prime minister.The government’s approach would be to proceed with the price hikes as planned, but provide more generous and targeted support to households which need more help when necessary.That is why the Assurance Package has been enhanced several times this year to provide more vouchers, rebates and special payments to families in need, said PM Lee, adding that such an approach has worked.“What we are doing keeps public services financially sustainable and of a high standard for the long term, while in the short term, households get extra help according to their needs so that we share the burden fairly,” he said.“Singapore premium”In his address, PM Lee highlighted how the government’s twin priorities of being both “pro-growth” and “pro-worker” have ensured that Singaporeans can benefit fully from economic growth.Singapore’s unique model of tripartism has created a “Singapore premium” – where companies and investors are prepared to pay more to take advantage of the country’s harmonious industrial relations and business-friendly environment.But even as the ruling People’s Action Party government introduces policies to improve people’s lives, it also does its best to keep the cost of government “as low as possible”, said PM Lee.He noted that while living standards have risen, so have Singaporeans’ expectations and aspirations.“Although incomes have risen steadily year after year, many households still feel the pressures of the cost of living,” said PM Lee.The government does its utmost to moderate these pressures on households by running a lean and efficient government, and by ensuring that essential public services – such as public transport, water, electricity and healthcare – are run efficiently and cost-effectively.“By keeping government spending and taxes low, workers can enjoy the fruits of their own labour directly,” said PM Lee. “This is better than having to pay a big share of what you earn in taxes to provide supposedly ‘free’ services to the public.”The government has also avoided putting the whole burden of public services on taxpayers, only requiring users to pay “reasonable charges” to use these services.At the same time, it requires the operations to break even, to put pressure on operators to run efficiently and keep costs down. “This translates to cost savings for Singaporeans,” said PM Lee.He also addressed the view that public service operators should not aim to earn a profit at all. This would be the wrong approach, he said, as it does not incentivise operators to run these services efficiently.“It is better to let them earn a reasonable profit, so that they have the resources to reinvest to improve services, and the incentive to do so,” he added.“Overall, this approach has worked well,” said PM Lee, and this strategy has moderated the cost of living for all households. But for those that still need extra help, the government has provided targeted and direct assistance in the form of cash or vouchers.“This is much better than subsidising water or electricity across the board, as some countries do,” he said, adding that households which benefit the most from such across-the-board subsidies are usually the ones using the most water or electricity.With cheap water and electricity, households also have no incentive to conserve as they do not bear the proper costs, said PM Lee.“The government, and hence taxpayers, end up spending much more, but households who need the most help benefit much less,” he said. “That is why our strategy is the better one.”NTUC’s progressSeparately, at the conference, NTUC secretary-general Ng Chee Meng gave an update of the union’s progress and key achievements.In a report, he set out three areas in which NTUC is seeking to innovate to better serve its members and workers’ evolving needs, aspirations and concerns.Firstly, NTUC will continue to innovate the structure of its trade unions to protect and advance the interests of all workers in wage negotiations, workplace matters and job security.Second, it will refresh its membership model to meet members’ evolving needs. As at September, the union’s total membership reached a record high of 1,189,547.Lastly, NTUC will focus on innovating its training model to help workers improve their employment and employability.","news_type":1},"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244483522801760,"gmtCreate":1700712465252,"gmtModify":1700715117716,"author":{"id":"4163729820610512","authorId":"4163729820610512","name":"MyntOo","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163729820610512","authorIdStr":"4163729820610512"},"themes":[],"htmlText":"ho","listText":"ho","text":"ho","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244483522801760","repostId":"2385622376","repostType":2,"repost":{"id":"2385622376","kind":"highlight","pubTimestamp":1700712000,"share":"https://ttm.financial/m/news/2385622376?lang=&edition=fundamental","pubTime":"2023-11-23 12:00","market":"sg","language":"en","title":"This Threat Could Keep NIO Stock Under $10 (for a Long Time)","url":"https://stock-news.laohu8.com/highlight/detail?id=2385622376","media":"InvestorPlace","summary":"Nio’s(NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition fromTesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.S","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong>NIO</strong>) layoffs signal trouble for the electric vehicle maker.</p></li><li><p>Furthermore, Nio will have to face competition from <strong>Tesla’s</strong> cheaper EV model in Europe.</p></li><li><p>Investors should be cautious with NIO stock now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f283dcf01ba7103e8690f23edfaaf8f\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.</p><p>Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.</p><h2 id=\"id_1466800877\">Good and Bad News for NIO Stock Investors</h2><p>Without a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.</p><p>This doesn’t tell the full story, though. As Louis Navellier and the <em>InvestorPlace</em> research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, <em>InvestorPlace</em>‘<em>s</em> Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.</p><p>Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.</p><p>Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”</p><h2 id=\"id_108604065\">Rival’s Cheaper EV Will Be a Problem for Nio</h2><p>NIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.</p><p>As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>). As you probably know, Tesla started a price war that has put pressure on rival EV makers.</p><p>Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.</p><p>According to a <em>Bloomberg</em> report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.</p><p>Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.</p><p>“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.</p><h2 id=\"id_3534942982\">Don’t Wait Around for NIO Stock to Recover</h2><p>Nio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.</p><p>Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.</p></body></html>","source":"investorplace_stock_picks","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>This Threat Could Keep NIO Stock Under $10 (for a Long Time)</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\">\nThis Threat Could Keep NIO Stock Under $10 (for a Long Time)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 12:00 GMT+8 <a href=https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now...</p>\n\n<a href=\"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","NIO.SI":"蔚来","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","09866":"蔚来-SW","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4509":"腾讯概念","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4526":"热门中概股","BK4588":"碎股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4574":"无人驾驶","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4505":"高瓴资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4581":"高盛持仓","BK4504":"桥水持仓","NIO":"蔚来","BK4511":"特斯拉概念","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4531":"中概回港概念","BK4548":"巴美列捷福持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4592":"伊斯兰概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4532":"文艺复兴科技持仓","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD"},"source_url":"https://investorplace.com/2023/11/this-threat-could-keep-nio-stock-under-10-for-a-long-time/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385622376","content_text":"Nio’s (NIO) layoffs signal trouble for the electric vehicle maker.Furthermore, Nio will have to face competition from Tesla’s cheaper EV model in Europe.Investors should be cautious with NIO stock now.Source: Michael Vi / Shutterstock.comCompetition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio.Ultimately, there’s a lesson to be learned when we discover Nio’s opportunities and problems. Don’t just read the top lines of a company’s press release. Stock traders must dig deeper and put all facts and figures in context. This principle applies to any company you may consider investing in, including Nio in 2023 and 2024.Good and Bad News for NIO Stock InvestorsWithout a doubt, Nio’s press release for the company’s October delivery update got some stock traders excited. After all, right at the top of the page, it declares that Nio’s October 2023 EV deliveries increased 59.8% year over year.This doesn’t tell the full story, though. As Louis Navellier and the InvestorPlace research staff pointed out, Nio’s October 2023 vehicle deliveries only increased 2.77% month over month. Meanwhile, InvestorPlace‘s Thomas Niel observed that Nio’s competitors in the EV space have demonstrated much stronger sequential sales growth.Nio’s good news is overshadowed by some not-so-good news, requiring investors to dig for all the facts. Additionally, Nio’s management might try to spin the company’s planned 10% workforce reduction as a positive development. Stock traders should be skeptical, however.Laying off 10% of the company’s staff will surely save Nio some money, but thriving companies don’t fire one out of 10 workers. In taking this drastic measure, Nio acknowledged the “fierce competition” in the EV market and admitted, “We still have a gap between our overall performance and expectations.”Rival’s Cheaper EV Will Be a Problem for NioNIO stock has already been cut in half since early August, and it could stay under $10 for a long time. Even if the bulls are optimistic about Nio’s recovery prospects, there’s a world-famous EV manufacturer that’s likely to undercut Nio’s progress in 2024.As I just mentioned, Nio’s management acknowledged that it has to deal with “fierce competition.” Perhaps the toughest competition on a global scale will come from Tesla (NASDAQ:TSLA). As you probably know, Tesla started a price war that has put pressure on rival EV makers.Now, Tesla is ramping up the pressure by planning a cheaper EV model in Europe. That’s relevant because Nio sells vehicles in Europe and in China.According to a Bloomberg report, Nio’s more affordable EV model targeting European buyers will cost 25,000 euros ($26,863). Moreover, they will be manufactured at Tesla’s factory near Berlin, Germany.Tesla’s more affordable European EV model could have a lasting, negative effect on NIO stock. Andy Wong, a fund manager at LW Asset Management Advisors Ltd., succinctly summed up the potential impact.“The Tesla news could weigh on investor sentiment for its Chinese competitors, and Nio — with its weak financials and productions — could be more vulnerable to selling pressure,” Wong explained.Don’t Wait Around for NIO Stock to RecoverNio’s layoffs are a sign that the company is under relentless pressure from strong competition. Among the company’s toughest competitors is Tesla, which is preparing to produce affordable EVs in Europe.Besides, even while Nio’s year-over-year EV deliveries are growing rapidly, the month-over-month growth isn’t very impressive. Investors shouldn’t expect NIO stock to get back to $10 anytime soon. For now, it’s prudent to find other companies, EV makers or otherwise, to put on your watch list.","news_type":1},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
