Profile - To The Moon

Dawang

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- DawangDawang
  ·2024-08-21
  $NVIDIA Corp(NVDA)$ results on the horizons on 28 Aug!
  1.10K Comment
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- DawangDawang
  ·2023-10-25
  Fiat currency down the drain again.
  1.77K 1
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- DawangDawang
  ·2023-04-05
  Pump prices heading north again, D'oh!
  1.52K Comment
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- DawangDawang
  ·2023-03-21
  25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏
  1.36K Comment
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- DawangDawang
  ·2023-03-17
  Trust and confidence really takes decades to build, but seconds to destroy...
  First Republic Extends Plunge as Bank Said to Weigh Options
  Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options
  First Republic Extends Plunge as Bank Said to Weigh Options
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- DawangDawang
  ·2023-03-15
  Time bomb ticking
  US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil
  Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US f
  US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil
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- DawangDawang
  ·2023-03-15
  Better to not catch a falling knife
  Regional Bank Short Sellers See $3.53 Billion of Profits in March
  Short sellers taking aim at regional bank stocks are seeing windfall profits of $3.53 billion in Mar
  Regional Bank Short Sellers See $3.53 Billion of Profits in March
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- DawangDawang
  ·2023-03-13
  Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣
  Sorry, this post has been deleted
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- DawangDawang
  ·2023-03-13
  CPI out tomorrow, do or die. 🤣😂
  Sorry, this post has been deleted
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- DawangDawang
  ·2023-03-13
  Flushed with cash *shooting cash*
  Pfizer Acquires Seagen for $43 Billion Or $229 Per Share
  Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a
  Pfizer Acquires Seagen for $43 Billion Or $229 Per Share
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Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","listText":"25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","text":"25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943666611","isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943949012,"gmtCreate":1679064443836,"gmtModify":1679064450732,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"Trust and confidence&nbsp;really takes decades to build, but seconds to destroy...","listText":"Trust and confidence&nbsp;really takes decades to build, but seconds to destroy...","text":"Trust and confidence really takes decades to build, but seconds to destroy...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943949012","repostId":"1107223006","repostType":4,"repost":{"id":"1107223006","kind":"news","pubTimestamp":1678974531,"share":"https://ttm.financial/m/news/1107223006?lang=&edition=full_marsco","pubTime":"2023-03-16 21:48","market":"us","language":"en","title":"First Republic Extends Plunge as Bank Said to Weigh Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1107223006","media":"Bloomberg","summary":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options","content":"<html><head></head><body><ul><li>Shares fall as much as 28% in early trading on Thursday</li><li>Lender said to be exploring strategic options including a sale</li></ul><p>First Republic Bank tumbled to put shares on pace to close at a record low level, as the San Francisco-based bank issaid to be exploring strategic options that include a sale.</p><p>The stock sank by 28% in New York, extending a slide that had already erased more than $17 billion off its market capitalization this month. The firm that’s mulling a sale is also weighing options for shoring upliquidity, according to people familiar with the matter.</p><p>“Normally, a headline of a potential sale would support the stock,” Christopher McGratty, an analyst at Keefe, Bruyette and Woods, wrote in a report. “However, the potentially significant deposit outflows post-SIVB failure likely leave FRC in a tough spot.”</p><p>“Any potential sale would likely be a tough outcome for existing shareholders, given mark-to-market accounting on loans,” McGratty wrote.</p><p><img src=\"https://static.tigerbbs.com/e13e7cc270eaa7fc4f2682de6a1d2c2b\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Investors across the banking space are on tenterhooks amid the upheaval in US regional lenders as well as thetumultsurrounding Credit Suisse Group AG. Shares of the Swiss bank rebounded Thursday after itopened a $54 billion line of creditwith the country’s central bank and offered to buy back debt. The European Central Bankdelivered a planned half-point hikein interest rates on Thursday.</p><p>On Wednesday, First Republic shares sank 21% as its credit rating wascut to junkby S&amp;P Global Ratings and Fitch Ratings. The bank said Sunday that itstotal available unused liquidityto fund operations was morethan $70 billion, from agreements that included the Federal Reserve and JPMorgan Chase &amp; Co.</p><p>First Republic specializes in private banking and wealth management, and has tried to differentiate itself from Silicon Valley Bank. Several regional bank peers were down as well. PacWest Bancorp sank by 14% and Western Alliance Bancorp slid 9%.</p><p><img src=\"https://static.tigerbbs.com/ff5cda14f6c82a7963a22bd45c2231bf\" tg-width=\"419\" tg-height=\"204\" referrerpolicy=\"no-referrer\"/></p><p>“First Republic’s options have narrowed following deposit outflow, a sharp share-price decline and recent downgrades from ratings agencies, while a potential sale of the bank could center on the attractive wealth-management business,” Herman Chan, an analyst atBloomberg Intelligence, wrote in a note.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Extends Plunge as Bank Said to Weigh Options</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\">\nFirst Republic Extends Plunge as Bank Said to Weigh Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PACW":"西太平洋合众银行","WAL":"阿莱恩斯西部银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107223006","content_text":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, as the San Francisco-based bank issaid to be exploring strategic options that include a sale.The stock sank by 28% in New York, extending a slide that had already erased more than $17 billion off its market capitalization this month. The firm that’s mulling a sale is also weighing options for shoring upliquidity, according to people familiar with the matter.“Normally, a headline of a potential sale would support the stock,” Christopher McGratty, an analyst at Keefe, Bruyette and Woods, wrote in a report. “However, the potentially significant deposit outflows post-SIVB failure likely leave FRC in a tough spot.”“Any potential sale would likely be a tough outcome for existing shareholders, given mark-to-market accounting on loans,” McGratty wrote.Investors across the banking space are on tenterhooks amid the upheaval in US regional lenders as well as thetumultsurrounding Credit Suisse Group AG. Shares of the Swiss bank rebounded Thursday after itopened a $54 billion line of creditwith the country’s central bank and offered to buy back debt. The European Central Bankdelivered a planned half-point hikein interest rates on Thursday.On Wednesday, First Republic shares sank 21% as its credit rating wascut to junkby S&P Global Ratings and Fitch Ratings. The bank said Sunday that itstotal available unused liquidityto fund operations was morethan $70 billion, from agreements that included the Federal Reserve and JPMorgan Chase & Co.First Republic specializes in private banking and wealth management, and has tried to differentiate itself from Silicon Valley Bank. Several regional bank peers were down as well. PacWest Bancorp sank by 14% and Western Alliance Bancorp slid 9%.“First Republic’s options have narrowed following deposit outflow, a sharp share-price decline and recent downgrades from ratings agencies, while a potential sale of the bank could center on the attractive wealth-management business,” Herman Chan, an analyst atBloomberg Intelligence, wrote in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949782013,"gmtCreate":1678892788933,"gmtModify":1678892792069,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"Time bomb ticking","listText":"Time bomb ticking","text":"Time bomb ticking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949782013","repostId":"1170735488","repostType":4,"repost":{"id":"1170735488","kind":"news","pubTimestamp":1678876569,"share":"https://ttm.financial/m/news/1170735488?lang=&edition=full_marsco","pubTime":"2023-03-15 18:36","market":"us","language":"en","title":"US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil","url":"https://stock-news.laohu8.com/highlight/detail?id=1170735488","media":"Bloomberg","summary":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US f","content":"<html><head></head><body><p>Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries turned higher on haven demand.</p><p>Europe’s Stoxx 600 equity benchmark fell 2%, with a gauge of banks plunging more than 5%. Shares in Credit Suisse slumped for an eighth straight session after a top shareholder ruled out more assistance, while the cost of default insurance on the Swiss lender’s short-term debt approached distressed levels.</p><p>Contracts on the S&amp;P 500 and Nasdaq 100 fluctuated before turning lower as a rebound in regional banks petered out in premarket trading. The 10-year Treasury yield fell 12 basis points. A gauge of dollar strength gained after four days of declines.</p><p>Renewed jitters in the banking sector is complicating the task for policy makers still facing inflation pressures while having to ensure stability of the financial system. Swaps pricing is back to positioning for the Federal Reserve to lift rates by a quarter percentage point next week after the odds of an increase had slipped to nearly 50-50 on Monday. The European Central Bank is seen tightening by 50 basis points on Thursday.</p><p>“Central banks are likely to be more cautious as they monitor the tightening in credit conditions,” said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. “However, one major difference with previous banking crisis episodes is a more resilient macro backdrop including persistent inflationary pressures. This will make for a difficult trade-off between inflation and financial stability risks, with central banks trying to resist rate cuts for as long as possible.”</p><p>The two-year Treasury yield — the most sensitive to rate moves — has fluctuated wildly since dipping below 4% on Monday for the first time since September. Just a week ago, it stood above 5% after Fed Chair Jerome Powell signaled higher rates for longer.</p><p>Stocks have been on a similar roller-coaster ride. Futures indicated Tuesday’s 1.7% surge wouldn’t extend as investors continued to be on edge over turmoil in the banking sector. Stocks plunged 4.6% last week, the worst since September. Data on producer prices, manufacturing and retail sales later today may provide further clues on the outlook for policy.</p><p>Remarks from ratings companies on the financial sector underscored that sentiment is likely to remain fragile after the biggest American bank failures since the financial crisis.</p><p>Moody’s Investors Service cut its outlook on the sector on the heels of the trio of banking collapses over the past few days. First Republic Bank triggered a volatility halt after S&amp;P Global Ratings placed the company on watch negative.</p><p>Traders were also digesting a slew of economic data from China, where retail sales rose as much as estimated while factory output was fractionally lower than projected. The People’s Bank of China added more liquidity than expected while holding a key lending rate unchanged. Rising housing sales provided one clearly positive signal, reflected in a rally in mainland property index.</p><p>Elsewhere in markets, oil was little changed close to a three-month low as traders took stock of the outlook for demand.</p><p>Key events this week:</p><ul><li>US business inventories, retail sales, PPI, empire manufacturing, Wednesday</li><li>Eurozone rate decision, Thursday</li><li>US housing starts, initial jobless claims, Thursday</li><li>Janet Yellen appears before the Senate Finance Committee, Thursday</li><li>US University of Michigan consumer sentiment, industrial production, Conference Board leading index, Friday</li></ul><p>Some of the main moves in markets:</p><p>Stocks</p><ul><li>S&amp;P 500 futures fell 1.2% as of 6:25 a.m. New York time</li><li>Nasdaq 100 futures fell 1%</li><li>Futures on the Dow Jones Industrial Average fell 1.2%</li><li>The Stoxx Europe 600 fell 2.1%</li><li>The MSCI World index fell 0.3%</li></ul><p>Currencies</p><ul><li>The Bloomberg Dollar Spot Index rose 0.4%</li><li>The euro fell 0.6% to $1.0673</li><li>The British pound fell 0.4% to $1.2109</li><li>The Japanese yen rose 0.3% to 133.88 per dollar</li></ul><p>Cryptocurrencies</p><ul><li>Bitcoin was little changed at $24,649.12</li><li>Ether fell 0.7% to $1,693.55</li></ul><p>Bonds</p><ul><li>The yield on 10-year Treasuries declined 13 basis points to 3.56%</li><li>Germany’s 10-year yield declined 11 basis points to 2.31%</li><li>Britain’s 10-year yield declined six basis points to 3.43%</li></ul><p>Commodities</p><ul><li>West Texas Intermediate crude was little changed</li><li>Gold futures were little changed</li></ul><p>Volatility</p><ul><li>VIX surged 10.87% to 26.31</li></ul><ul><li>VIXmain rose 6.96% to 25.35</li></ul></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil</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\">\nUS Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 18:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170735488","content_text":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries turned higher on haven demand.Europe’s Stoxx 600 equity benchmark fell 2%, with a gauge of banks plunging more than 5%. Shares in Credit Suisse slumped for an eighth straight session after a top shareholder ruled out more assistance, while the cost of default insurance on the Swiss lender’s short-term debt approached distressed levels.Contracts on the S&P 500 and Nasdaq 100 fluctuated before turning lower as a rebound in regional banks petered out in premarket trading. The 10-year Treasury yield fell 12 basis points. A gauge of dollar strength gained after four days of declines.Renewed jitters in the banking sector is complicating the task for policy makers still facing inflation pressures while having to ensure stability of the financial system. Swaps pricing is back to positioning for the Federal Reserve to lift rates by a quarter percentage point next week after the odds of an increase had slipped to nearly 50-50 on Monday. The European Central Bank is seen tightening by 50 basis points on Thursday.“Central banks are likely to be more cautious as they monitor the tightening in credit conditions,” said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. “However, one major difference with previous banking crisis episodes is a more resilient macro backdrop including persistent inflationary pressures. This will make for a difficult trade-off between inflation and financial stability risks, with central banks trying to resist rate cuts for as long as possible.”The two-year Treasury yield — the most sensitive to rate moves — has fluctuated wildly since dipping below 4% on Monday for the first time since September. Just a week ago, it stood above 5% after Fed Chair Jerome Powell signaled higher rates for longer.Stocks have been on a similar roller-coaster ride. Futures indicated Tuesday’s 1.7% surge wouldn’t extend as investors continued to be on edge over turmoil in the banking sector. Stocks plunged 4.6% last week, the worst since September. Data on producer prices, manufacturing and retail sales later today may provide further clues on the outlook for policy.Remarks from ratings companies on the financial sector underscored that sentiment is likely to remain fragile after the biggest American bank failures since the financial crisis.Moody’s Investors Service cut its outlook on the sector on the heels of the trio of banking collapses over the past few days. First Republic Bank triggered a volatility halt after S&P Global Ratings placed the company on watch negative.Traders were also digesting a slew of economic data from China, where retail sales rose as much as estimated while factory output was fractionally lower than projected. The People’s Bank of China added more liquidity than expected while holding a key lending rate unchanged. Rising housing sales provided one clearly positive signal, reflected in a rally in mainland property index.Elsewhere in markets, oil was little changed close to a three-month low as traders took stock of the outlook for demand.Key events this week:US business inventories, retail sales, PPI, empire manufacturing, WednesdayEurozone rate decision, ThursdayUS housing starts, initial jobless claims, ThursdayJanet Yellen appears before the Senate Finance Committee, ThursdayUS University of Michigan consumer sentiment, industrial production, Conference Board leading index, FridaySome of the main moves in markets:StocksS&P 500 futures fell 1.2% as of 6:25 a.m. New York timeNasdaq 100 futures fell 1%Futures on the Dow Jones Industrial Average fell 1.2%The Stoxx Europe 600 fell 2.1%The MSCI World index fell 0.3%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.6% to $1.0673The British pound fell 0.4% to $1.2109The Japanese yen rose 0.3% to 133.88 per dollarCryptocurrenciesBitcoin was little changed at $24,649.12Ether fell 0.7% to $1,693.55BondsThe yield on 10-year Treasuries declined 13 basis points to 3.56%Germany’s 10-year yield declined 11 basis points to 2.31%Britain’s 10-year yield declined six basis points to 3.43%CommoditiesWest Texas Intermediate crude was little changedGold futures were little changedVolatilityVIX surged 10.87% to 26.31VIXmain rose 6.96% to 25.35","news_type":1},"isVote":1,"tweetType":1,"viewCount":1590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949786581,"gmtCreate":1678892764244,"gmtModify":1678892767881,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"Better to not catch a falling knife&nbsp;","listText":"Better to not catch a falling knife&nbsp;","text":"Better to not catch a falling knife","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949786581","repostId":"2319427811","repostType":4,"repost":{"id":"2319427811","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":1678880660,"share":"https://ttm.financial/m/news/2319427811?lang=&edition=full_marsco","pubTime":"2023-03-15 19:44","market":"us","language":"en","title":"Regional Bank Short Sellers See $3.53 Billion of Profits in March","url":"https://stock-news.laohu8.com/highlight/detail?id=2319427811","media":"Dow Jones","summary":"Short sellers taking aim at regional bank stocks are seeing windfall profits of $3.53 billion in Mar","content":"<html><head></head><body><p>Short sellers taking aim at regional bank stocks are seeing windfall profits of $3.53 billion in March in the month to date and of more than $2.29 billion in the last three days of trading, according to data analytics company S3 Partners Research, which tracks short selling data. </p><p>That&#39;s at least on paper, based on their mark-to-market positions. It comes after the collapse of three banks in the last week -- Silicon Valley Bank <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a>, <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> <a href=\"https://laohu8.com/S/SBNY\">$(SBNY)$</a> and <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> -- which have sent the SPDR S&amp;P Regional Banking Sector ETF<a href=\"https://laohu8.com/S/KRE\">$(KRE)$</a> down 23% from March 8 through March 13. </p><p>Both Silicon Valley Bank parent <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and Signature Bankare in the top 20 most shorted stocks in the regional banking sector. The most shorted stock is PNC Financial Services <a href=\"https://laohu8.com/S/PNC\">$(PNC)$</a>.  </p><p>&#34;We have seen increased short selling in the sector over the last seven days with $416 million of new short selling partially offsetting a $3.9 billion decline in the stock prices of shares shorted,&#34; S3 wrote in commentary. </p><p>For now, with SIVB and SBNY halted, shorts are left paying daily stock borrow financing rates and the short positions will remain open until the Nasdaq and DTC determine they are delisted and worthless, said S3, &#34;providing for technical close outs of long and short positions or the short seller&#39;s Prime Broker locates an OTC trade with a long shareholder. SIVB and SBNY short sellers are sitting massive mark-to-market profits but have no way to realize those profits at the moment.&#34;</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>Regional Bank Short Sellers See $3.53 Billion of Profits in March</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\">\nRegional Bank Short Sellers See $3.53 Billion of Profits in March\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-15 19:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Short sellers taking aim at regional bank stocks are seeing windfall profits of $3.53 billion in March in the month to date and of more than $2.29 billion in the last three days of trading, according to data analytics company S3 Partners Research, which tracks short selling data. </p><p>That&#39;s at least on paper, based on their mark-to-market positions. It comes after the collapse of three banks in the last week -- Silicon Valley Bank <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a>, <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> <a href=\"https://laohu8.com/S/SBNY\">$(SBNY)$</a> and <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> -- which have sent the SPDR S&amp;P Regional Banking Sector ETF<a href=\"https://laohu8.com/S/KRE\">$(KRE)$</a> down 23% from March 8 through March 13. </p><p>Both Silicon Valley Bank parent <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and Signature Bankare in the top 20 most shorted stocks in the regional banking sector. The most shorted stock is PNC Financial Services <a href=\"https://laohu8.com/S/PNC\">$(PNC)$</a>.  </p><p>&#34;We have seen increased short selling in the sector over the last seven days with $416 million of new short selling partially offsetting a $3.9 billion decline in the stock prices of shares shorted,&#34; S3 wrote in commentary. </p><p>For now, with SIVB and SBNY halted, shorts are left paying daily stock borrow financing rates and the short positions will remain open until the Nasdaq and DTC determine they are delisted and worthless, said S3, &#34;providing for technical close outs of long and short positions or the short seller&#39;s Prime Broker locates an OTC trade with a long shareholder. SIVB and SBNY short sellers are sitting massive mark-to-market profits but have no way to realize those profits at the moment.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4566":"资本集团","BK4585":"ETF&股票定投概念","BK4504":"桥水持仓","BK4588":"碎股","SBNY":"签字银行","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4589":"SVB概念","KRE":"区域银行指数ETF-SPDR KBW","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","PNC":"PNC金融","LU1861217088.USD":"贝莱德金融科技A2","BK4535":"淡马锡持仓","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319427811","content_text":"Short sellers taking aim at regional bank stocks are seeing windfall profits of $3.53 billion in March in the month to date and of more than $2.29 billion in the last three days of trading, according to data analytics company S3 Partners Research, which tracks short selling data. That's at least on paper, based on their mark-to-market positions. It comes after the collapse of three banks in the last week -- Silicon Valley Bank $(SIVB)$, Signature Bank $(SBNY)$ and Silvergate Capital -- which have sent the SPDR S&P Regional Banking Sector ETF$(KRE)$ down 23% from March 8 through March 13. Both Silicon Valley Bank parent SVB Financial Group and Signature Bankare in the top 20 most shorted stocks in the regional banking sector. The most shorted stock is PNC Financial Services $(PNC)$.  \"We have seen increased short selling in the sector over the last seven days with $416 million of new short selling partially offsetting a $3.9 billion decline in the stock prices of shares shorted,\" S3 wrote in commentary. For now, with SIVB and SBNY halted, shorts are left paying daily stock borrow financing rates and the short positions will remain open until the Nasdaq and DTC determine they are delisted and worthless, said S3, \"providing for technical close outs of long and short positions or the short seller's Prime Broker locates an OTC trade with a long shareholder. SIVB and SBNY short sellers are sitting massive mark-to-market profits but have no way to realize those profits at the moment.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":1697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949538399,"gmtCreate":1678736812712,"gmtModify":1678736817779,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","listText":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","text":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949538399","repostId":"1137814337","repostType":4,"isVote":1,"tweetType":1,"viewCount":1441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949591780,"gmtCreate":1678724240141,"gmtModify":1678726991462,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"CPI out tomorrow, do or die. 🤣😂","listText":"CPI out tomorrow, do or die. 🤣😂","text":"CPI out tomorrow, do or die. 🤣😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949591780","repostId":"1155958652","repostType":4,"isVote":1,"tweetType":1,"viewCount":1402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949501629,"gmtCreate":1678719917862,"gmtModify":1678719921451,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"themes":[],"htmlText":"Flushed with cash *shooting cash*","listText":"Flushed with cash *shooting cash*","text":"Flushed with cash *shooting cash*","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949501629","repostId":"1152562093","repostType":4,"repost":{"id":"1152562093","kind":"news","pubTimestamp":1678705129,"share":"https://ttm.financial/m/news/1152562093?lang=&edition=full_marsco","pubTime":"2023-03-13 18:58","market":"us","language":"en","title":"Pfizer Acquires Seagen for $43 Billion Or $229 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1152562093","media":"StreetInsider","summary":"Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4d4883fde31a15549733634b5fa10fbb\" tg-width=\"656\" tg-height=\"518\" referrerpolicy=\"no-referrer\"/>Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. </p><p>“Pfizer is deploying its financial resources to advance the battle against cancer, a leading cause of death worldwide with a significant impact on public health,” said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer. “Together, Pfizer and Seagenseek to accelerate the next generation of cancer breakthroughs and bring new solutions to patients by combining the power of Seagen’s antibody-drug conjugate (ADC) technology with the scale and strength of Pfizer’s capabilities and expertise. Oncology continues to be the largest growth driver in global medicine, and this acquisition will enhance Pfizer’s position in this important space and contribute meaningfully to the achievement of Pfizer’s near- and long-term financial goals.”</p><p>The latter surged over 17% in premarket trading.</p></body></html>","source":"highlight_streetinsider","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>Pfizer Acquires Seagen for $43 Billion Or $229 Per Share</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\">\nPfizer Acquires Seagen for $43 Billion Or $229 Per Share\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 18:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/Corporate+News/Pfizer+%28PFE%29+Acquires+Seagen+%28SGEN%29+for+%2443B+or+%24229sh/21360462.html><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company ...</p>\n\n<a href=\"https://www.streetinsider.com/Corporate+News/Pfizer+%28PFE%29+Acquires+Seagen+%28SGEN%29+for+%2443B+or+%24229sh/21360462.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","SGEN":"Seagen"},"source_url":"https://www.streetinsider.com/Corporate+News/Pfizer+%28PFE%29+Acquires+Seagen+%28SGEN%29+for+%2443B+or+%24229sh/21360462.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152562093","content_text":"Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. “Pfizer is deploying its financial resources to advance the battle against cancer, a leading cause of death worldwide with a significant impact on public health,” said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer. “Together, Pfizer and Seagenseek to accelerate the next generation of cancer breakthroughs and bring new solutions to patients by combining the power of Seagen’s antibody-drug conjugate (ADC) technology with the scale and strength of Pfizer’s capabilities and expertise. Oncology continues to be the largest growth driver in global medicine, and this acquisition will enhance Pfizer’s position in this important space and contribute meaningfully to the achievement of Pfizer’s near- and long-term financial goals.”The latter surged over 17% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}