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2024-11-28

True if big!

The US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading

2024-10-23

Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.

Bill Gates Privately Donates $50 Million to Harris

2024-08-16

Be greedy when others are fearful.

Tesla Stock: Tread Carefully, Build Your Position Slowly

Go to Tiger App to see more news

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The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange&#39;s ability to comply with the Securities Exchange Act.</p><p>24X National Exchange will be subject to the SEC&#39;s ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange.</p><p style=\"text-align: start;\">24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday. A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing.</p><p style=\"text-align: start;\">24 Exchange CEO and Founder Dmitri Galinov said: &#34;The SEC&#39;s approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.&#34;</p><p>As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities.</p><p style=\"text-align: start;\">The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange&#39;s executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements.</p><p style=\"text-align: start;\">&#34;With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback,&#34; Galinov added. &#34;We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company&#39;s financial institutional customers have long come to expect.&#34;</p><p>24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq.</p><p>24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange&#39;s multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost.</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>The US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-28 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays24 Exchange announced today that it has received approval from the U.S. Securities and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109373983","content_text":"24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange's ability to comply with the Securities Exchange Act.24X National Exchange will be subject to the SEC's ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange.24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday. A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing.24 Exchange CEO and Founder Dmitri Galinov said: \"The SEC's approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.\"As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities.The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange's executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements.\"With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback,\" Galinov added. \"We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company's financial institutional customers have long come to expect.\"24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq.24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange's multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362980862599192,"gmtCreate":1729654204639,"gmtModify":1729654350285,"author":{"id":"4178149006407822","authorId":"4178149006407822","name":"Diabetic5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4178149006407822","authorIdStr":"4178149006407822"},"themes":[],"htmlText":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","listText":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","text":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362980862599192","repostId":"2477120153","repostType":2,"repost":{"id":"2477120153","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1729653541,"share":"https://ttm.financial/m/news/2477120153?lang=&edition=fundamental","pubTime":"2024-10-23 11:19","market":"nz","language":"en","title":"Bill Gates Privately Donates $50 Million to Harris","url":"https://stock-news.laohu8.com/highlight/detail?id=2477120153","media":"Dow Jones","summary":"Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates's donation.The donation was supposed to stay private, the person said, and Gates hasn't publicly endorsed the vice president.Spokespeople for Gates's private office, his philanthropy, the Gates Foundation, and Future Forward didn't immediately respond to requests for comment.Gates's children influenced his decision to donate, the person added.Gates gave to the super PAC Future Forward's nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.This item is part of a ","content":"<html><head></head><body><p>Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.</p><p>Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates&#39;s donation.</p><p>The donation was supposed to stay private, the person said, and Gates hasn&#39;t publicly endorsed the vice president.</p><p>Spokespeople for Gates&#39;s private office, his philanthropy, the Gates Foundation, and Future Forward didn&#39;t immediately respond to requests for comment.</p><p>Gates&#39;s children influenced his decision to donate, the person added.</p><p>Gates gave to the super PAC Future Forward&#39;s nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.</p><p></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>Bill Gates Privately Donates $50 Million to Harris</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\">\nBill Gates Privately Donates $50 Million to Harris\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-23 11:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.</p><p>Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates&#39;s donation.</p><p>The donation was supposed to stay private, the person said, and Gates hasn&#39;t publicly endorsed the vice president.</p><p>Spokespeople for Gates&#39;s private office, his philanthropy, the Gates Foundation, and Future Forward didn&#39;t immediately respond to requests for comment.</p><p>Gates&#39;s children influenced his decision to donate, the person added.</p><p>Gates gave to the super PAC Future Forward&#39;s nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477120153","content_text":"Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates's donation.The donation was supposed to stay private, the person said, and Gates hasn't publicly endorsed the vice president.Spokespeople for Gates's private office, his philanthropy, the Gates Foundation, and Future Forward didn't immediately respond to requests for comment.Gates's children influenced his decision to donate, the person added.Gates gave to the super PAC Future Forward's nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":339100135043144,"gmtCreate":1723792335420,"gmtModify":1723793842844,"author":{"id":"4178149006407822","authorId":"4178149006407822","name":"Diabetic5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4178149006407822","authorIdStr":"4178149006407822"},"themes":[],"htmlText":"Be greedy when others are fearful.","listText":"Be greedy when others are fearful.","text":"Be greedy when others are fearful.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/339100135043144","repostId":"2459441523","repostType":2,"repost":{"id":"2459441523","kind":"highlight","pubTimestamp":1723791600,"share":"https://ttm.financial/m/news/2459441523?lang=&edition=fundamental","pubTime":"2024-08-16 15:00","market":"us","language":"en","title":"Tesla Stock: Tread Carefully, Build Your Position Slowly","url":"https://stock-news.laohu8.com/highlight/detail?id=2459441523","media":"InvestorPlace","summary":"Tesla's recent progress in China's EV market is commendable, but it's too soon for Tesla stock investors to declare victory.","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla doesn’t seem fully committed to producing highly affordable vehicles.</p></li><li><p>On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.</p></li><li><p>Investors should only buy a few Tesla stock shares if they choose to invest at all.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50aa901b4852a97061b42ca8c6cdc851\" alt=\"Source: Roschetzky Photography / Shutterstock.com\" title=\"Source: Roschetzky Photography / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Roschetzky Photography / Shutterstock.com</span></p><p>Electric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it.</p><p>The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have an exit plan ready if the trade goes against you.</p><p>There are several issues that complicate the Tesla bull case. These issues include Tesla’s layoffs, an executive exodus and CEO Elon Musk’s potential clash with U.S. regulators. All in all, the near-term outlook for Tesla is hazy and investors should choose caution over complacency.</p><h2 id=\"id_2141793800\">Is Musk Really Committed to Affordable EVs?</h2><p>Earlier this year, Tesla disappointed some EV enthusiasts when it reportedly shelved its plans to produce a highly affordable entry-level vehicle. This proposed EV, informally known as the Model 2, had previously been expected to start at around $25,000.</p><p>Is Musk obsession with robotaxis causing Tesla to abandon affordable EVs in favor of self-driving cars? That’s a valid concern, and a recent news item further calls Tesla’s commitment to affordable vehicles into question.</p><p>Specifically, <em>Reuters</em> reported that Tesla has “stopped taking orders for the least expensive version of its Cybertruck, which is priced at $61,000.”</p><p>Meanwhile, Tesla’s $100,000 version of the Cybertruck electric SUV is immediately available for order and prompt delivery.</p><p>Frankly, Tesla’s decisions to shelve its $25,000 EV plans and stop taking orders for the less expensive Cybertruck version are tone deaf. One of the biggest barriers to EV adoption is price, and robotaxi-obsessed Musk doesn’t seem to understand or care about this issue.</p><p>Investors might wonder whether the Cybertruck will live up to the hype as some customers wait for a less expensive version.</p><p>Guidehouse Insights analyst Sam Abuelsamid explained, “It shows that demand is a lot less than a million trucks” (referring to Musk’s previous claim that Tesla had fielded 1 million Cybertruck reservations).</p><h2 id=\"id_955876457\">Tesla Makes Headway in China</h2><p>Tesla may be quite popular in the U.S., but the company has a China problem. One commentator described Tesla as a “catfish” in a “tank full of baby sharks.” In other words, Tesla is struggling to compete in China against domestic EV producers.</p><p>Tesla’s troubles in China won’t end anytime soon. However, for what it’s worth, Tesla sold 46,227 EVs in China in July. That’s up 47% year over year, so the improvement is notable.</p><p>However, one good month doesn’t make a pattern. Analysts forecast that Tesla will sell 950,000 cars globally in the second half this year. The company will need to maintain a rapid, consistent EV-sales pace – including in China – to achieve this.</p><p>This will be easier said than done, of course. China’s vehicle market is highly competitive, and many Chinese EV buyers are loyal to domestic brands.</p><p>It’s dangerous for investors to assume that Tesla’s July EV-sales growth will become a consistent pattern. Thus, it’s wise to stay small in your Tesla share position and continue to monitor the data.</p><h2 id=\"id_2853546969\">Don’t Go Overboard With Tesla Stock</h2><p>Don’t get the wrong impression. I’m certainly not telling anyone to panic-sell their Tesla shares. After all, Tesla’s July EV sales growth in China is undeniable.</p><p>However, investors shouldn’t jump to any hasty conclusions about Tesla’s China and global EV sales for the rest of 2024. Moreover, one might wonder whether Tesla and Musk are truly committed to making EVs affordable.</p><p>Therefore, any portfolio positions in Tesla stock should be very small. Also, it’s essential to have an exit plan in place, just in case the financial market decides to punish Tesla in the coming months.</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>Tesla Stock: Tread Carefully, Build Your Position Slowly</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\">\nTesla Stock: Tread Carefully, Build Your Position Slowly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-16 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla doesn’t seem fully committed to producing highly affordable vehicles.On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.Investors should only buy ...</p>\n\n<a href=\"https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","SG9999015978.USD":"利安颠覆性创新基金A","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4581":"高盛持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4592":"伊斯兰概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4588":"碎股","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4555":"新能源车","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4527":"明星科技股","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓"},"source_url":"https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2459441523","content_text":"Tesla doesn’t seem fully committed to producing highly affordable vehicles.On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.Investors should only buy a few Tesla stock shares if they choose to invest at all.Source: Roschetzky Photography / Shutterstock.comElectric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it.The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have an exit plan ready if the trade goes against you.There are several issues that complicate the Tesla bull case. These issues include Tesla’s layoffs, an executive exodus and CEO Elon Musk’s potential clash with U.S. regulators. All in all, the near-term outlook for Tesla is hazy and investors should choose caution over complacency.Is Musk Really Committed to Affordable EVs?Earlier this year, Tesla disappointed some EV enthusiasts when it reportedly shelved its plans to produce a highly affordable entry-level vehicle. This proposed EV, informally known as the Model 2, had previously been expected to start at around $25,000.Is Musk obsession with robotaxis causing Tesla to abandon affordable EVs in favor of self-driving cars? That’s a valid concern, and a recent news item further calls Tesla’s commitment to affordable vehicles into question.Specifically, Reuters reported that Tesla has “stopped taking orders for the least expensive version of its Cybertruck, which is priced at $61,000.”Meanwhile, Tesla’s $100,000 version of the Cybertruck electric SUV is immediately available for order and prompt delivery.Frankly, Tesla’s decisions to shelve its $25,000 EV plans and stop taking orders for the less expensive Cybertruck version are tone deaf. One of the biggest barriers to EV adoption is price, and robotaxi-obsessed Musk doesn’t seem to understand or care about this issue.Investors might wonder whether the Cybertruck will live up to the hype as some customers wait for a less expensive version.Guidehouse Insights analyst Sam Abuelsamid explained, “It shows that demand is a lot less than a million trucks” (referring to Musk’s previous claim that Tesla had fielded 1 million Cybertruck reservations).Tesla Makes Headway in ChinaTesla may be quite popular in the U.S., but the company has a China problem. One commentator described Tesla as a “catfish” in a “tank full of baby sharks.” In other words, Tesla is struggling to compete in China against domestic EV producers.Tesla’s troubles in China won’t end anytime soon. However, for what it’s worth, Tesla sold 46,227 EVs in China in July. That’s up 47% year over year, so the improvement is notable.However, one good month doesn’t make a pattern. Analysts forecast that Tesla will sell 950,000 cars globally in the second half this year. The company will need to maintain a rapid, consistent EV-sales pace – including in China – to achieve this.This will be easier said than done, of course. China’s vehicle market is highly competitive, and many Chinese EV buyers are loyal to domestic brands.It’s dangerous for investors to assume that Tesla’s July EV-sales growth will become a consistent pattern. Thus, it’s wise to stay small in your Tesla share position and continue to monitor the data.Don’t Go Overboard With Tesla StockDon’t get the wrong impression. I’m certainly not telling anyone to panic-sell their Tesla shares. After all, Tesla’s July EV sales growth in China is undeniable.However, investors shouldn’t jump to any hasty conclusions about Tesla’s China and global EV sales for the rest of 2024. Moreover, one might wonder whether Tesla and Musk are truly committed to making EVs affordable.Therefore, any portfolio positions in Tesla stock should be very small. Also, it’s essential to have an exit plan in place, just in case the financial market decides to punish Tesla in the coming months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":339100135043144,"gmtCreate":1723792335420,"gmtModify":1723793842844,"author":{"id":"4178149006407822","authorId":"4178149006407822","name":"Diabetic5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4178149006407822","authorIdStr":"4178149006407822"},"themes":[],"htmlText":"Be greedy when others are fearful.","listText":"Be greedy when others are fearful.","text":"Be greedy when others are fearful.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/339100135043144","repostId":"2459441523","repostType":2,"repost":{"id":"2459441523","kind":"highlight","pubTimestamp":1723791600,"share":"https://ttm.financial/m/news/2459441523?lang=&edition=fundamental","pubTime":"2024-08-16 15:00","market":"us","language":"en","title":"Tesla Stock: Tread Carefully, Build Your Position Slowly","url":"https://stock-news.laohu8.com/highlight/detail?id=2459441523","media":"InvestorPlace","summary":"Tesla's recent progress in China's EV market is commendable, but it's too soon for Tesla stock investors to declare victory.","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla doesn’t seem fully committed to producing highly affordable vehicles.</p></li><li><p>On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.</p></li><li><p>Investors should only buy a few Tesla stock shares if they choose to invest at all.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50aa901b4852a97061b42ca8c6cdc851\" alt=\"Source: Roschetzky Photography / Shutterstock.com\" title=\"Source: Roschetzky Photography / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Roschetzky Photography / Shutterstock.com</span></p><p>Electric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it.</p><p>The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have an exit plan ready if the trade goes against you.</p><p>There are several issues that complicate the Tesla bull case. These issues include Tesla’s layoffs, an executive exodus and CEO Elon Musk’s potential clash with U.S. regulators. All in all, the near-term outlook for Tesla is hazy and investors should choose caution over complacency.</p><h2 id=\"id_2141793800\">Is Musk Really Committed to Affordable EVs?</h2><p>Earlier this year, Tesla disappointed some EV enthusiasts when it reportedly shelved its plans to produce a highly affordable entry-level vehicle. This proposed EV, informally known as the Model 2, had previously been expected to start at around $25,000.</p><p>Is Musk obsession with robotaxis causing Tesla to abandon affordable EVs in favor of self-driving cars? That’s a valid concern, and a recent news item further calls Tesla’s commitment to affordable vehicles into question.</p><p>Specifically, <em>Reuters</em> reported that Tesla has “stopped taking orders for the least expensive version of its Cybertruck, which is priced at $61,000.”</p><p>Meanwhile, Tesla’s $100,000 version of the Cybertruck electric SUV is immediately available for order and prompt delivery.</p><p>Frankly, Tesla’s decisions to shelve its $25,000 EV plans and stop taking orders for the less expensive Cybertruck version are tone deaf. One of the biggest barriers to EV adoption is price, and robotaxi-obsessed Musk doesn’t seem to understand or care about this issue.</p><p>Investors might wonder whether the Cybertruck will live up to the hype as some customers wait for a less expensive version.</p><p>Guidehouse Insights analyst Sam Abuelsamid explained, “It shows that demand is a lot less than a million trucks” (referring to Musk’s previous claim that Tesla had fielded 1 million Cybertruck reservations).</p><h2 id=\"id_955876457\">Tesla Makes Headway in China</h2><p>Tesla may be quite popular in the U.S., but the company has a China problem. One commentator described Tesla as a “catfish” in a “tank full of baby sharks.” In other words, Tesla is struggling to compete in China against domestic EV producers.</p><p>Tesla’s troubles in China won’t end anytime soon. However, for what it’s worth, Tesla sold 46,227 EVs in China in July. That’s up 47% year over year, so the improvement is notable.</p><p>However, one good month doesn’t make a pattern. Analysts forecast that Tesla will sell 950,000 cars globally in the second half this year. The company will need to maintain a rapid, consistent EV-sales pace – including in China – to achieve this.</p><p>This will be easier said than done, of course. China’s vehicle market is highly competitive, and many Chinese EV buyers are loyal to domestic brands.</p><p>It’s dangerous for investors to assume that Tesla’s July EV-sales growth will become a consistent pattern. Thus, it’s wise to stay small in your Tesla share position and continue to monitor the data.</p><h2 id=\"id_2853546969\">Don’t Go Overboard With Tesla Stock</h2><p>Don’t get the wrong impression. I’m certainly not telling anyone to panic-sell their Tesla shares. After all, Tesla’s July EV sales growth in China is undeniable.</p><p>However, investors shouldn’t jump to any hasty conclusions about Tesla’s China and global EV sales for the rest of 2024. Moreover, one might wonder whether Tesla and Musk are truly committed to making EVs affordable.</p><p>Therefore, any portfolio positions in Tesla stock should be very small. Also, it’s essential to have an exit plan in place, just in case the financial market decides to punish Tesla in the coming months.</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>Tesla Stock: Tread Carefully, Build Your Position Slowly</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\">\nTesla Stock: Tread Carefully, Build Your Position Slowly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-16 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla doesn’t seem fully committed to producing highly affordable vehicles.On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.Investors should only buy ...</p>\n\n<a href=\"https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","SG9999015978.USD":"利安颠覆性创新基金A","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4581":"高盛持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4592":"伊斯兰概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4588":"碎股","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4555":"新能源车","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4527":"明星科技股","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4550":"红杉资本持仓"},"source_url":"https://investorplace.com/2024/08/tesla-stock-tread-carefully-build-your-position-slowly/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2459441523","content_text":"Tesla doesn’t seem fully committed to producing highly affordable vehicles.On the other hand, Tesla appears to be making some headway in China’s highly competitive EV market.Investors should only buy a few Tesla stock shares if they choose to invest at all.Source: Roschetzky Photography / Shutterstock.comElectric vehicle manufacturer Tesla (NASDAQ:TSLA) might be the least loved Magnificent Seven member. Oddly enough, Tesla is either a pioneer or a pariah, depending on whom you ask about it.The best way to sum up Tesla’s current situation is: “It’s complicated.” Therefore, if you intend to buy Tesla stock, only purchase a few shares and have an exit plan ready if the trade goes against you.There are several issues that complicate the Tesla bull case. These issues include Tesla’s layoffs, an executive exodus and CEO Elon Musk’s potential clash with U.S. regulators. All in all, the near-term outlook for Tesla is hazy and investors should choose caution over complacency.Is Musk Really Committed to Affordable EVs?Earlier this year, Tesla disappointed some EV enthusiasts when it reportedly shelved its plans to produce a highly affordable entry-level vehicle. This proposed EV, informally known as the Model 2, had previously been expected to start at around $25,000.Is Musk obsession with robotaxis causing Tesla to abandon affordable EVs in favor of self-driving cars? That’s a valid concern, and a recent news item further calls Tesla’s commitment to affordable vehicles into question.Specifically, Reuters reported that Tesla has “stopped taking orders for the least expensive version of its Cybertruck, which is priced at $61,000.”Meanwhile, Tesla’s $100,000 version of the Cybertruck electric SUV is immediately available for order and prompt delivery.Frankly, Tesla’s decisions to shelve its $25,000 EV plans and stop taking orders for the less expensive Cybertruck version are tone deaf. One of the biggest barriers to EV adoption is price, and robotaxi-obsessed Musk doesn’t seem to understand or care about this issue.Investors might wonder whether the Cybertruck will live up to the hype as some customers wait for a less expensive version.Guidehouse Insights analyst Sam Abuelsamid explained, “It shows that demand is a lot less than a million trucks” (referring to Musk’s previous claim that Tesla had fielded 1 million Cybertruck reservations).Tesla Makes Headway in ChinaTesla may be quite popular in the U.S., but the company has a China problem. One commentator described Tesla as a “catfish” in a “tank full of baby sharks.” In other words, Tesla is struggling to compete in China against domestic EV producers.Tesla’s troubles in China won’t end anytime soon. However, for what it’s worth, Tesla sold 46,227 EVs in China in July. That’s up 47% year over year, so the improvement is notable.However, one good month doesn’t make a pattern. Analysts forecast that Tesla will sell 950,000 cars globally in the second half this year. The company will need to maintain a rapid, consistent EV-sales pace – including in China – to achieve this.This will be easier said than done, of course. China’s vehicle market is highly competitive, and many Chinese EV buyers are loyal to domestic brands.It’s dangerous for investors to assume that Tesla’s July EV-sales growth will become a consistent pattern. Thus, it’s wise to stay small in your Tesla share position and continue to monitor the data.Don’t Go Overboard With Tesla StockDon’t get the wrong impression. I’m certainly not telling anyone to panic-sell their Tesla shares. After all, Tesla’s July EV sales growth in China is undeniable.However, investors shouldn’t jump to any hasty conclusions about Tesla’s China and global EV sales for the rest of 2024. Moreover, one might wonder whether Tesla and Musk are truly committed to making EVs affordable.Therefore, any portfolio positions in Tesla stock should be very small. Also, it’s essential to have an exit plan in place, just in case the financial market decides to punish Tesla in the coming months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362980862599192,"gmtCreate":1729654204639,"gmtModify":1729654350285,"author":{"id":"4178149006407822","authorId":"4178149006407822","name":"Diabetic5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4178149006407822","authorIdStr":"4178149006407822"},"themes":[],"htmlText":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","listText":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","text":"Imagine investing $50M in a company that's declaring bankruptcy in 2 weeks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362980862599192","repostId":"2477120153","repostType":2,"repost":{"id":"2477120153","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1729653541,"share":"https://ttm.financial/m/news/2477120153?lang=&edition=fundamental","pubTime":"2024-10-23 11:19","market":"nz","language":"en","title":"Bill Gates Privately Donates $50 Million to Harris","url":"https://stock-news.laohu8.com/highlight/detail?id=2477120153","media":"Dow Jones","summary":"Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates's donation.The donation was supposed to stay private, the person said, and Gates hasn't publicly endorsed the vice president.Spokespeople for Gates's private office, his philanthropy, the Gates Foundation, and Future Forward didn't immediately respond to requests for comment.Gates's children influenced his decision to donate, the person added.Gates gave to the super PAC Future Forward's nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.This item is part of a ","content":"<html><head></head><body><p>Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.</p><p>Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates&#39;s donation.</p><p>The donation was supposed to stay private, the person said, and Gates hasn&#39;t publicly endorsed the vice president.</p><p>Spokespeople for Gates&#39;s private office, his philanthropy, the Gates Foundation, and Future Forward didn&#39;t immediately respond to requests for comment.</p><p>Gates&#39;s children influenced his decision to donate, the person added.</p><p>Gates gave to the super PAC Future Forward&#39;s nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.</p><p></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>Bill Gates Privately Donates $50 Million to Harris</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\">\nBill Gates Privately Donates $50 Million to Harris\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-23 11:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.</p><p>Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates&#39;s donation.</p><p>The donation was supposed to stay private, the person said, and Gates hasn&#39;t publicly endorsed the vice president.</p><p>Spokespeople for Gates&#39;s private office, his philanthropy, the Gates Foundation, and Future Forward didn&#39;t immediately respond to requests for comment.</p><p>Gates&#39;s children influenced his decision to donate, the person added.</p><p>Gates gave to the super PAC Future Forward&#39;s nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2477120153","content_text":"Billionaire philanthropist Bill Gates has privately told people he donated around $50 million toward electing Kamala Harris president, a person familiar with the matter said.Gates made the donation to Future Forward, a nonprofit organization run by fellow billionaire and former New York City Mayor Michael Bloomberg, the person said. The New York Times earlier reported Gates's donation.The donation was supposed to stay private, the person said, and Gates hasn't publicly endorsed the vice president.Spokespeople for Gates's private office, his philanthropy, the Gates Foundation, and Future Forward didn't immediately respond to requests for comment.Gates's children influenced his decision to donate, the person added.Gates gave to the super PAC Future Forward's nonprofit arm, Future Forward USA Action, according to the Times. As with all so-called dark money groups, it is exempt from disclosing donors and can raise unlimited amounts of money from people and companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375700870324584,"gmtCreate":1732765567787,"gmtModify":1732765632690,"author":{"id":"4178149006407822","authorId":"4178149006407822","name":"Diabetic5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4178149006407822","authorIdStr":"4178149006407822"},"themes":[],"htmlText":"True if big!","listText":"True if big!","text":"True if big!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375700870324584","repostId":"1109373983","repostType":2,"repost":{"id":"1109373983","kind":"news","pubTimestamp":1732762231,"share":"https://ttm.financial/m/news/1109373983?lang=&edition=fundamental","pubTime":"2024-11-28 10:50","market":"us","language":"en","title":"The US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1109373983","media":"Yahoo Finance","summary":"24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays24 Exchange announced today that it has received approval from the U.S. Securities and E","content":"<html><head></head><body><ul style=\"\"><li><p><em>24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays</em></p></li></ul><p>24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange&#39;s ability to comply with the Securities Exchange Act.</p><p>24X National Exchange will be subject to the SEC&#39;s ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange.</p><p style=\"text-align: start;\">24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday. A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing.</p><p style=\"text-align: start;\">24 Exchange CEO and Founder Dmitri Galinov said: &#34;The SEC&#39;s approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.&#34;</p><p>As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities.</p><p style=\"text-align: start;\">The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange&#39;s executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements.</p><p style=\"text-align: start;\">&#34;With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback,&#34; Galinov added. &#34;We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company&#39;s financial institutional customers have long come to expect.&#34;</p><p>24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq.</p><p>24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange&#39;s multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost.</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>The US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US SEC Approved the First Exchange That Can Conduct 5X23 Hours Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-28 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays24 Exchange announced today that it has received approval from the U.S. Securities and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/24-exchange-receives-sec-approval-222200356.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109373983","content_text":"24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange's ability to comply with the Securities Exchange Act.24X National Exchange will be subject to the SEC's ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange.24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday. A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing.24 Exchange CEO and Founder Dmitri Galinov said: \"The SEC's approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.\"As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities.The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange's executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements.\"With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback,\" Galinov added. \"We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company's financial institutional customers have long come to expect.\"24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq.24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange's multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}