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kingkongleh

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- kingkonglehkingkongleh
  ·2023-03-21
  Good to Know leh
  Sorry, this post has been deleted
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- kingkonglehkingkongleh
  ·2023-03-14
  Good to Know leh
  Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021
  Inflation rose in February but was in line with expectations, providing a key input into whether the
  Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021
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- kingkonglehkingkongleh
  ·2023-02-23
  Good to Know leh 😂
  Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target
  Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm,
  Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target
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leh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949408678","repostId":"1104135804","repostType":2,"repost":{"id":"1104135804","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678797046,"share":"https://ttm.financial/m/news/1104135804?lang=en_US&edition=fundamental","pubTime":"2023-03-14 20:30","market":"us","language":"en","title":"Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1104135804","media":"Tiger Newspress","summary":"Inflation rose in February but was in line with expectations, providing a key input into whether the","content":"<html><head></head><body><p>Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.</p><p>The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. 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Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.</p><p>Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.</p><p>However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.</p><p>Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.</p><p>Either way, market sentiment has shifted dramatically.</p><p>Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.</p><p>However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104135804","content_text":"Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.Either way, market sentiment has shifted dramatically.Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. 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Analysts expect Grab&#39;s annual sales to scale $1.97 billion, according to Refinitiv data.</p><p>Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.</p><p>For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.</p><p>Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.</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>Grab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target</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\">\nGrab Forecasts 2023 Revenue Above Estimates, Brings Forward Profit Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-23 19:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia&#39;s biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services.</p><p>New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading.</p><p>Grab and rivals such as Indonesia&#39;s PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.</p><p>The Singapore-based company is now scaling back on promotions, incentives to drivers, and is improving its cost structure to focus on profitability, while it will also implement several measures such as a hiring pause, salary freezes for senior managers and cuts in travel and expense budgets.</p><p>&#34;This sets us up for a strong 2023 as we continue to focus on growing in a sustainable manner,&#34; Chief Financial Officer Peter Oey said.</p><p>Still, Grab expects the ride-hailing business to return to pre-pandemic levels by the end of the year.</p><p>The company forecast its 2023 revenue between $2.20 billion and $2.30 billion. Analysts expect Grab&#39;s annual sales to scale $1.97 billion, according to Refinitiv data.</p><p>Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.</p><p>For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.</p><p>Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129132164","content_text":"Feb 23 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services.New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading.Grab and rivals such as Indonesia's PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.The Singapore-based company is now scaling back on promotions, incentives to drivers, and is improving its cost structure to focus on profitability, while it will also implement several measures such as a hiring pause, salary freezes for senior managers and cuts in travel and expense budgets.\"This sets us up for a strong 2023 as we continue to focus on growing in a sustainable manner,\" Chief Financial Officer Peter Oey said.Still, Grab expects the ride-hailing business to return to pre-pandemic levels by the end of the year.The company forecast its 2023 revenue between $2.20 billion and $2.30 billion. Analysts expect Grab's annual sales to scale $1.97 billion, according to Refinitiv data.Grab also brought forward its forecast for group break-even on an adjusted core earnings, or EBITDA basis, to the fourth quarter of 2023 from a previous target of the second half of 2024.For the year, Grab forecast loss before interest, taxes, depreciation, and amortization between $275 million and $325 million. The metric, keenly watched by investors as a measure of profitability, was $793 million for 2022.Grab also delivered an about four-fold revenue surge in the fourth quarter to $502 million, helped by higher demand and a reduction in incentives.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":2279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}