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GTJW18

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2021-03-21

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Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline

2021-03-16

Looking good with 3 days uptrend and the positive news this past week.

2021-03-11

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If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now

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2021-05-02

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2021-04-18

Really? Ermm...

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2021-04-16

Just can’t stop going up...

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2021-04-12

Interesting read.

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true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/101491085","repostId":"1105099718","repostType":4,"repost":{"id":"1105099718","kind":"news","pubTimestamp":1619897946,"share":"https://ttm.financial/m/news/1105099718?lang=en_US&edition=fundamental","pubTime":"2021-05-02 03:39","market":"us","language":"en","title":"Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=1105099718","media":"WSJ","summary":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate. Professional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B-0.95%. California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive. While many of the complaints aren’t new and none of the shareholder proposals are","content":"<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate</p><p>Professional money managers are turning up the heat on Warren Buffett’s<u>Berkshire Hathaway</u>&nbsp;Inc.BRK.B -0.95%</p><p>California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive<img src=\"https://static.tigerbbs.com/1dd969e4b237144cd02112f41464d169\" tg-width=\"824\" tg-height=\"1396\" referrerpolicy=\"no-referrer\"></p><p>Leading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis &amp; Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.</p><p>While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.</p><p>The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging as<u>a key selling point for money managers in their efforts to keep client money</u>.</p><p>Under Mr. Buffett’s leadership,<u>the firm boasts 20% compounded annualized gains from 1965 to 2020</u>, outperforming the S&amp;P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.</p><p>“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.</p><p></p><p>Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built up<u>a diverse portfolio of mostly U.S. businesses and investments meant to perform over decades</u>, not to compete with a volatile market buoyed by booming tech stocks.</p><p>Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.</p><p>The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.</p><p>“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.</p><p>Berkshire declined to comment ahead of the company’s Saturday meeting.</p><p>Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.</p><p>“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”</p><p></p><p>Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage&nbsp;climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already produces<u>a sustainability report</u>.</p><p>Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.</p><p>Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”</p><p>“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.</p><p>Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.</p><p>“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.</p><p>Another factor is at play: Berkshire shares are slowly changing hands.</p><p>Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.</p><p>About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.</p><p>“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”</p><p>The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters.&nbsp;When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.</p><p>“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nWarren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 03:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway ...</p>\n\n<a href=\"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/daaa666333c3b9bf0b940ffed4c1c369","relate_stocks":{"BRK.B":"伯克希尔B"},"source_url":"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105099718","content_text":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B -0.95%California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executiveLeading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging asa key selling point for money managers in their efforts to keep client money.Under Mr. Buffett’s leadership,the firm boasts 20% compounded annualized gains from 1965 to 2020, outperforming the S&P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built upa diverse portfolio of mostly U.S. businesses and investments meant to perform over decades, not to compete with a volatile market buoyed by booming tech stocks.Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.Berkshire declined to comment ahead of the company’s Saturday meeting.Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already producesa sustainability report.Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.Another factor is at play: Berkshire shares are slowly changing hands.Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters. When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.","news_type":1,"symbols_score_info":{"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101493878,"gmtCreate":1619928430394,"gmtModify":1704336484691,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101493878","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377083310,"gmtCreate":1619484536030,"gmtModify":1704724652541,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377083310","repostId":"1190086074","repostType":4,"repost":{"id":"1190086074","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":1619480390,"share":"https://ttm.financial/m/news/1190086074?lang=en_US&edition=fundamental","pubTime":"2021-04-27 07:39","market":"us","language":"en","title":"Tesla posts record net income of $438 million, revenue surges by 74%","url":"https://stock-news.laohu8.com/highlight/detail?id=1190086074","media":"Tiger Newspress","summary":"Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv","content":"<p><b>KEY POINTS</b></p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul><p>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul><p>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p>","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 posts record net income of $438 million, revenue surges by 74%</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 posts record net income of $438 million, revenue surges by 74%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-27 07:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul><p>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul><p>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190086074","content_text":"KEY POINTSTesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:Earnings:93 cents per share vs. 79 cents per share expectedRevenue:$10.39 billion vs. $10.29 billion expected, up 74% from a year agoNet profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375785977,"gmtCreate":1619397310299,"gmtModify":1704723133459,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Omg!!","listText":"Omg!!","text":"Omg!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375785977","repostId":"1155076342","repostType":4,"isVote":1,"tweetType":1,"viewCount":2143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375782279,"gmtCreate":1619397279191,"gmtModify":1704723133298,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375782279","repostId":"1189536411","repostType":4,"repost":{"id":"1189536411","kind":"news","pubTimestamp":1619396666,"share":"https://ttm.financial/m/news/1189536411?lang=en_US&edition=fundamental","pubTime":"2021-04-26 08:24","market":"us","language":"en","title":"Pivotal U.S. Senate Democrat wants 'more targeted' infrastructure bill","url":"https://stock-news.laohu8.com/highlight/detail?id=1189536411","media":"Reuters","summary":"WASHINGTON (Reuters) - Democratic Senator Joe Manchin on Sunday said he opposes using a maneuver tha","content":"<p>WASHINGTON (Reuters) - Democratic Senator Joe Manchin on Sunday said he opposes using a maneuver that would enable his party to pass U.S. President Joe Biden's $2.3 trillion infrastructure proposal without Republican support, saying he favors a smaller and \"more targeted\" bill.</p><p>Manchin, a West Virginia moderate who holds the power to block the Democrats' agenda in the evenly divided Senate, rejected the idea of using a process called budget reconciliation to pass the Democratic president's proposed $2.3 trillion infrastructure legislation.</p><p>While most legislation needs 60 votes to advance in the 100-seat Senate, the reconciliation process allows for a simple majority. Democrats control the Senate because Vice President Kamala Harris can cast a tie-beaking vote.</p><p>\"More targeted,\" Manchin, a key vote in the closely divided Senate, told CNN's \"State of the Union\" program, referring to a bill that would incorporate internet broadband, roads and water infrastructure needs.</p><p>Asked if he would back another bill with other related spending through a process called reconciliation, Manchin said \"no.\"</p><p>Biden's sweeping proposals in his infrastructure proposal also include $400 billion for in-home and community-based care for the elderly and disabled as well as $100 billion for school and child care facilities - two areas left out of a $568 billion Republican counteroffer introduced last week.</p><p>Manchin said while such areas need to be addressed, it was hard to build public support for a massive bill that goes beyond what he called \"traditional\" infrastructure needs.</p><p>\"I think they should be separated,\" Manchin said. \"When you start putting so much into one bill ... it makes it very, very difficult for the public to understand.\" He called the Republican proposal \"a good start\" for negotiations.</p><p>Republican Senator Lindsey Graham told \"Fox News Sunday\" he met with Manchin last week to discuss the infrastructure bill, adding that while he opposes the cost of Biden's plan, he was optimistic Republicans and Democrats could work out a deal.</p><p>\"I think there's a bipartisan compromise coming about,\" Graham said. \"I think there's a sweet spot on infrastructure where we can find pay-fors that won't hurt the economy.\"</p><p>Democrats passed Biden's $1.9 trillion COVID-19 relief bill using reconciliation over Republican opposition in March, handing the president his first major legislative success.</p><p>The White House did not comment on Manchin's remarks.</p><p>Republican have said they oppose much of Biden's ambitious legislative agenda, meaning Democrats must remain united in order to get anything passed in the Senate.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nPivotal U.S. Senate Democrat wants 'more targeted' infrastructure bill\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/key-u-senate-democrat-favors-143452061.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) - Democratic Senator Joe Manchin on Sunday said he opposes using a maneuver that would enable his party to pass U.S. President Joe Biden's $2.3 trillion infrastructure proposal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/key-u-senate-democrat-favors-143452061.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/key-u-senate-democrat-favors-143452061.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189536411","content_text":"WASHINGTON (Reuters) - Democratic Senator Joe Manchin on Sunday said he opposes using a maneuver that would enable his party to pass U.S. President Joe Biden's $2.3 trillion infrastructure proposal without Republican support, saying he favors a smaller and \"more targeted\" bill.Manchin, a West Virginia moderate who holds the power to block the Democrats' agenda in the evenly divided Senate, rejected the idea of using a process called budget reconciliation to pass the Democratic president's proposed $2.3 trillion infrastructure legislation.While most legislation needs 60 votes to advance in the 100-seat Senate, the reconciliation process allows for a simple majority. Democrats control the Senate because Vice President Kamala Harris can cast a tie-beaking vote.\"More targeted,\" Manchin, a key vote in the closely divided Senate, told CNN's \"State of the Union\" program, referring to a bill that would incorporate internet broadband, roads and water infrastructure needs.Asked if he would back another bill with other related spending through a process called reconciliation, Manchin said \"no.\"Biden's sweeping proposals in his infrastructure proposal also include $400 billion for in-home and community-based care for the elderly and disabled as well as $100 billion for school and child care facilities - two areas left out of a $568 billion Republican counteroffer introduced last week.Manchin said while such areas need to be addressed, it was hard to build public support for a massive bill that goes beyond what he called \"traditional\" infrastructure needs.\"I think they should be separated,\" Manchin said. \"When you start putting so much into one bill ... it makes it very, very difficult for the public to understand.\" He called the Republican proposal \"a good start\" for negotiations.Republican Senator Lindsey Graham told \"Fox News Sunday\" he met with Manchin last week to discuss the infrastructure bill, adding that while he opposes the cost of Biden's plan, he was optimistic Republicans and Democrats could work out a deal.\"I think there's a bipartisan compromise coming about,\" Graham said. \"I think there's a sweet spot on infrastructure where we can find pay-fors that won't hurt the economy.\"Democrats passed Biden's $1.9 trillion COVID-19 relief bill using reconciliation over Republican opposition in March, handing the president his first major legislative success.The White House did not comment on Manchin's remarks.Republican have said they oppose much of Biden's ambitious legislative agenda, meaning Democrats must remain united in order to get anything passed in the 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down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378527017","repostId":"2129803179","repostType":4,"repost":{"id":"2129803179","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":1619037720,"share":"https://ttm.financial/m/news/2129803179?lang=en_US&edition=fundamental","pubTime":"2021-04-22 04:42","market":"hk","language":"en","title":"U.S. stocks end higher, snap 2-day losing streak as small-caps surge and investors look past COVID worries, Netflix earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2129803179","media":"Dow Jones","summary":"U.S. stocks finished Wednesday higher, ending a two-day losing streak, as investors looked past conc","content":"<p>U.S. stocks finished Wednesday higher, ending a two-day losing streak, as investors looked past concerns that rising COVID-19 infections around the world could slow economic growth.</p><p>What did major indexes do?</p><p>Stocks fell Tuesday for a second day , with the Dow  shedding 256.33 points, or 0.8%. The S&amp;P 500  dropped 0.7%, while the Nasdaq Composite  lost 0.9% and the small-cap Russell 2000  slumped 2%.</p><p>What drove the market?</p><p>U.S. stocks on Wednesday halted a two-session skid, with Dow and S&amp;P just shy of records and small-cap stocks outperforming as the investors favor stocks that might benefit from economic recovery as businesses reopen as more of the population becomes fully vaccinated.</p><p>\"It's the reflation trade, again,\" said Kent Engelke, chief economic strategist at Capitol Securities Management. \"One day, it's like we are going to hell in a handbasket. The next day, it's like wow, things are looking good.\"</p><p>Engelke attributed the whipsawing action partially to the rise in algorithmic trading and technology-driven trading, but also to jitters around potential further corporate earnings disappointments, following the Netflix Inc. <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> earnings miss late Tuesday.   \"You can't have earnings disappointments in issues that are trading at such high valuations,\" Engelke told MarketWatch. \"There is no room for error.\"</p><p>Pressure earlier this week on the S&amp;P 500 index and Dow followed fresh records on Friday, with analysts largely tying two days of declines to concerns about a renewed rise in COVID-19 infections around the world, particularly in India and Japan.</p><p>India reported a record number of cases   have now surpassed those of China.</p><p>But Mark Haefele, chief investment officer at Global Wealth Management, <a href=\"https://laohu8.com/S/UGBLF\">UBS AG</a>,  still sees buying opportunities in stocks as volatility picks up, particularly since shipments of the Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> COVID-19 vaccine are set to resume to Europe , after its <a href=\"https://laohu8.com/S/AONE\">one</a>-shot dose was paused in the U.S.</p><p>\"Periods of elevated volatility can present opportunities to generate yield, gradually build up long-term holdings, or gain exposure to markets using asymmetric payoff structures,\" the Haefele's team wrote in a Wednesday note.</p><p>Read: Stocks are at all-time highs and the U.S. economy is booming. So why is everyone so freaked out?</p><p>\"I call this the great re-assessment,\" said Don Calcagni, chief investment officer for Mercer Advisors. \"A lot of things are forcing market participants to hit the pause button and re-assess, including a rise in COVID cases. We're also seeing some questionable earnings despite the overall headlines.\"</p><p>\"Look at Netflix,\" Calcagni said in an interview. \"Look at the bitcoin mini-crash. Look at the airlines -- their earnings were very disappointing. I think a reassessment is occurring and I think that's healthy. Right now we're at peak everything. It doesn't mean we can't go higher from here but it is going to be harder.\"</p><p>See: Stock-market sentiment shifts after investor euphoria pushed U.S. equities to record highs</p><p>Corporate earnings season has hit full swing, but disappointing results from Netflix late Tuesday sent shares of the streaming giant down 7.4% by Wednesday afternoon.</p><p>With markets being priced close to perfection, \"any kind of blemish\" can weigh down stocks, Kristina Hooper, Invesco's chief global market strategist, told MarketWatch Wednesday in a phone interview. But \"we're on the cusp of what I think is going to be a strong economic recovery in the U.S.,\" Hooper said, which should continue to support stocks after a recent shift in investor sentiment.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks end higher, snap 2-day losing streak as small-caps surge and investors look past COVID worries, Netflix earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks end higher, snap 2-day losing streak as small-caps surge and investors look past COVID worries, Netflix earnings\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\">2021-04-22 04:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks finished Wednesday higher, ending a two-day losing streak, as investors looked past concerns that rising COVID-19 infections around the world could slow economic growth.</p><p>What did major indexes do?</p><p>Stocks fell Tuesday for a second day , with the Dow  shedding 256.33 points, or 0.8%. The S&amp;P 500  dropped 0.7%, while the Nasdaq Composite  lost 0.9% and the small-cap Russell 2000  slumped 2%.</p><p>What drove the market?</p><p>U.S. stocks on Wednesday halted a two-session skid, with Dow and S&amp;P just shy of records and small-cap stocks outperforming as the investors favor stocks that might benefit from economic recovery as businesses reopen as more of the population becomes fully vaccinated.</p><p>\"It's the reflation trade, again,\" said Kent Engelke, chief economic strategist at Capitol Securities Management. \"One day, it's like we are going to hell in a handbasket. The next day, it's like wow, things are looking good.\"</p><p>Engelke attributed the whipsawing action partially to the rise in algorithmic trading and technology-driven trading, but also to jitters around potential further corporate earnings disappointments, following the Netflix Inc. <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> earnings miss late Tuesday.   \"You can't have earnings disappointments in issues that are trading at such high valuations,\" Engelke told MarketWatch. \"There is no room for error.\"</p><p>Pressure earlier this week on the S&amp;P 500 index and Dow followed fresh records on Friday, with analysts largely tying two days of declines to concerns about a renewed rise in COVID-19 infections around the world, particularly in India and Japan.</p><p>India reported a record number of cases   have now surpassed those of China.</p><p>But Mark Haefele, chief investment officer at Global Wealth Management, <a href=\"https://laohu8.com/S/UGBLF\">UBS AG</a>,  still sees buying opportunities in stocks as volatility picks up, particularly since shipments of the Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> COVID-19 vaccine are set to resume to Europe , after its <a href=\"https://laohu8.com/S/AONE\">one</a>-shot dose was paused in the U.S.</p><p>\"Periods of elevated volatility can present opportunities to generate yield, gradually build up long-term holdings, or gain exposure to markets using asymmetric payoff structures,\" the Haefele's team wrote in a Wednesday note.</p><p>Read: Stocks are at all-time highs and the U.S. economy is booming. So why is everyone so freaked out?</p><p>\"I call this the great re-assessment,\" said Don Calcagni, chief investment officer for Mercer Advisors. \"A lot of things are forcing market participants to hit the pause button and re-assess, including a rise in COVID cases. We're also seeing some questionable earnings despite the overall headlines.\"</p><p>\"Look at Netflix,\" Calcagni said in an interview. \"Look at the bitcoin mini-crash. Look at the airlines -- their earnings were very disappointing. I think a reassessment is occurring and I think that's healthy. Right now we're at peak everything. It doesn't mean we can't go higher from here but it is going to be harder.\"</p><p>See: Stock-market sentiment shifts after investor euphoria pushed U.S. equities to record highs</p><p>Corporate earnings season has hit full swing, but disappointing results from Netflix late Tuesday sent shares of the streaming giant down 7.4% by Wednesday afternoon.</p><p>With markets being priced close to perfection, \"any kind of blemish\" can weigh down stocks, Kristina Hooper, Invesco's chief global market strategist, told MarketWatch Wednesday in a phone interview. But \"we're on the cusp of what I think is going to be a strong economic recovery in the U.S.,\" Hooper said, which should continue to support stocks after a recent shift in investor sentiment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","VZ":"Verizon Comms","NFLX":"奈飞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129803179","content_text":"U.S. stocks finished Wednesday higher, ending a two-day losing streak, as investors looked past concerns that rising COVID-19 infections around the world could slow economic growth.What did major indexes do?Stocks fell Tuesday for a second day , with the Dow  shedding 256.33 points, or 0.8%. The S&P 500  dropped 0.7%, while the Nasdaq Composite  lost 0.9% and the small-cap Russell 2000  slumped 2%.What drove the market?U.S. stocks on Wednesday halted a two-session skid, with Dow and S&P just shy of records and small-cap stocks outperforming as the investors favor stocks that might benefit from economic recovery as businesses reopen as more of the population becomes fully vaccinated.\"It's the reflation trade, again,\" said Kent Engelke, chief economic strategist at Capitol Securities Management. \"One day, it's like we are going to hell in a handbasket. The next day, it's like wow, things are looking good.\"Engelke attributed the whipsawing action partially to the rise in algorithmic trading and technology-driven trading, but also to jitters around potential further corporate earnings disappointments, following the Netflix Inc. $(NFLX)$ earnings miss late Tuesday.   \"You can't have earnings disappointments in issues that are trading at such high valuations,\" Engelke told MarketWatch. \"There is no room for error.\"Pressure earlier this week on the S&P 500 index and Dow followed fresh records on Friday, with analysts largely tying two days of declines to concerns about a renewed rise in COVID-19 infections around the world, particularly in India and Japan.India reported a record number of cases   have now surpassed those of China.But Mark Haefele, chief investment officer at Global Wealth Management, UBS AG,  still sees buying opportunities in stocks as volatility picks up, particularly since shipments of the Johnson & Johnson $(JNJ)$ COVID-19 vaccine are set to resume to Europe , after its one-shot dose was paused in the U.S.\"Periods of elevated volatility can present opportunities to generate yield, gradually build up long-term holdings, or gain exposure to markets using asymmetric payoff structures,\" the Haefele's team wrote in a Wednesday note.Read: Stocks are at all-time highs and the U.S. economy is booming. So why is everyone so freaked out?\"I call this the great re-assessment,\" said Don Calcagni, chief investment officer for Mercer Advisors. \"A lot of things are forcing market participants to hit the pause button and re-assess, including a rise in COVID cases. We're also seeing some questionable earnings despite the overall headlines.\"\"Look at Netflix,\" Calcagni said in an interview. \"Look at the bitcoin mini-crash. Look at the airlines -- their earnings were very disappointing. I think a reassessment is occurring and I think that's healthy. Right now we're at peak everything. It doesn't mean we can't go higher from here but it is going to be harder.\"See: Stock-market sentiment shifts after investor euphoria pushed U.S. equities to record highsCorporate earnings season has hit full swing, but disappointing results from Netflix late Tuesday sent shares of the streaming giant down 7.4% by Wednesday afternoon.With markets being priced close to perfection, \"any kind of blemish\" can weigh down stocks, Kristina Hooper, Invesco's chief global market strategist, told MarketWatch Wednesday in a phone interview. But \"we're on the cusp of what I think is going to be a strong economic recovery in the U.S.,\" Hooper said, which should continue to support stocks after a recent shift in investor sentiment.","news_type":1,"symbols_score_info":{"VZ":0.9,"NFLX":0.9,"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378524102,"gmtCreate":1619051774106,"gmtModify":1704718810791,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378524102","repostId":"1177314085","repostType":4,"isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379813550,"gmtCreate":1618714408370,"gmtModify":1704714244747,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Really? Ermm...","listText":"Really? Ermm...","text":"Really? Ermm...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379813550","repostId":"1179330583","repostType":4,"isVote":1,"tweetType":1,"viewCount":1126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379813020,"gmtCreate":1618714377760,"gmtModify":1704714243291,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379813020","repostId":"1165321503","repostType":4,"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347740659,"gmtCreate":1618532887671,"gmtModify":1704712268574,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Just can’t stop going up...","listText":"Just can’t stop going up...","text":"Just can’t stop going up...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347740659","repostId":"1184470866","repostType":4,"isVote":1,"tweetType":1,"viewCount":1033,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344843102,"gmtCreate":1618400790206,"gmtModify":1704710212609,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344843102","repostId":"1172031671","repostType":4,"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":359999719,"gmtCreate":1616312620131,"gmtModify":1704792845254,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/359999719","repostId":"1199154789","repostType":4,"repost":{"id":"1199154789","kind":"news","pubTimestamp":1616164372,"share":"https://ttm.financial/m/news/1199154789?lang=en_US&edition=fundamental","pubTime":"2021-03-19 22:32","market":"us","language":"en","title":"Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1199154789","media":"zerohedge","summary":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio  exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on ","content":"<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.</p><blockquote>The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.</blockquote><p><img src=\"https://static.tigerbbs.com/b822960da59d651f093b5113cd0c3fd0\" tg-width=\"500\" tg-height=\"319\" referrerpolicy=\"no-referrer\">This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –<b>suggests that the Fed is “foaming the runway” for the end of SLR exemption</b>.\"</p><p>Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"<b>Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability</b>\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:</p><blockquote>The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. <b>Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.</b>To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. <b>However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.</b>The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.</blockquote><p>The Fed's soothing wods notwithstanding,<b>having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...</b></p><p><img src=\"https://static.tigerbbs.com/c341c3843a5031cd1599c2c89e198050\" tg-width=\"500\" tg-height=\"305\" referrerpolicy=\"no-referrer\">Bond yields spiked...</p><p><img src=\"https://static.tigerbbs.com/14173c1ce587fb45efe4c30ecc1dfbab\" tg-width=\"500\" tg-height=\"284\" referrerpolicy=\"no-referrer\">... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")...</p><p><img src=\"https://static.tigerbbs.com/32811183fba3dbddf1c440836298c7f3\" tg-width=\"500\" tg-height=\"602\" referrerpolicy=\"no-referrer\">.... slumped.</p><p><img src=\"https://static.tigerbbs.com/2fba41463f15e79d2b8436cdd6a526fc\" tg-width=\"500\" tg-height=\"306\" referrerpolicy=\"no-referrer\">In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,<b>banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.</b></p><blockquote>The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. <b>The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.</b></blockquote><p><img src=\"https://static.tigerbbs.com/392342c2f3e1dd008b2276172a9b3ecf\" tg-width=\"500\" tg-height=\"253\" referrerpolicy=\"no-referrer\">While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that<b>\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.</b></p><p>The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).</p><p><b>So what happens next?</b></p><p>Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"<i>the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market</i>:</p><blockquote>The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. <b>Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.</b></blockquote><p>In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...</p><p>Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:</p><blockquote><u><b>3. Relief ends March 31, banks fully raise capital</b></u> <b>Impact on BanksRatesFront-End Rates</b> <u><b>4. Relief ends March 31, banks raise capital &amp; de-lever</b></u> <b>Impact on BanksRatesFront-End Rates</b></blockquote><p>Going back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,<b>and these flows will swell further money funds’ inflows coming from TGA drawdowns.</b>\"</p><p>More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.</p><p><img src=\"https://static.tigerbbs.com/caeeb2b1290e084832f29d61cea6a90b\" tg-width=\"500\" tg-height=\"534\" referrerpolicy=\"no-referrer\">How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"</p><blockquote>FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...</blockquote><p>While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.</p><p>* *&nbsp; *</p><p>Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" as<b>the SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing</b>.</p><p>“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is<b>\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”</b></p><p>Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.</p>","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>Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next</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; 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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\">\nFed Disappoints Market, Lets SLR Relief Expire: What Happens Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199154789","content_text":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –suggests that the Fed is “foaming the runway” for the end of SLR exemption.\"Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.The Fed's soothing wods notwithstanding,having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...Bond yields spiked...... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")....... slumped.In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).So what happens next?Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market:The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:3. Relief ends March 31, banks fully raise capital Impact on BanksRatesFront-End Rates 4. Relief ends March 31, banks raise capital & de-lever Impact on BanksRatesFront-End RatesGoing back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,and these flows will swell further money funds’ inflows coming from TGA drawdowns.\"More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.* *  *Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" asthe SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing.“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342101210,"gmtCreate":1618188618930,"gmtModify":1704707209233,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Watching closely...","listText":"Watching closely...","text":"Watching closely...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/342101210","repostId":"1159998596","repostType":4,"repost":{"id":"1159998596","kind":"news","pubTimestamp":1618187601,"share":"https://ttm.financial/m/news/1159998596?lang=en_US&edition=fundamental","pubTime":"2021-04-12 08:33","market":"us","language":"en","title":"Will corporate earnings be strong enough to justify the record stocks rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=1159998596","media":"CNN Business","summary":"The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, feder","content":"<p>The&nbsp;Dow&nbsp;and S&amp;P 500 are atrecord highs&nbsp;thanks to Wall Street optimism about&nbsp;Covid-19 vaccines, federal government&nbsp;stimulus, a rebounding global economy and a surge in value stocks. Now it's time for Corporate America to prove that investors should believe the hype.</p>\n<p>A slew of big banks and other financial firms will report their first quarter earnings next week, giving the market its first glimpse of just how strong profits might be this year.</p>\n<p>JPMorgan Chase&nbsp;(JPM),Goldman Sachs&nbsp;(GS),Bank of America&nbsp;(BAC),Wells Fargo&nbsp;(WFC)&nbsp;and&nbsp;BlackRock&nbsp;(BLK)&nbsp;are just a few of the companies on tap to post their results.</p>\n<p>According to data from FactSet Research, overall earnings for the&nbsp;S&amp;P 500&nbsp;should increase 24.5% in the quarter from a year ago and financial sector earnings are expected to surge nearly 80% from the first quarter of 2020.</p>\n<p>Bank stocks have&nbsp;surged this year&nbsp;as long-term bond yields have picked up. Higher yields make lending more profitable for banks. TheFinancial Select Sector SPDR&nbsp;(XLF)&nbsp;exchange-traded fund, which owns most of the top bank stocks, is up nearly 20% this year.</p>\n<p>\"The tone is going to be positive. We're beginning to see the benefits of the economy recovering and banks have room to run with rising rates,\" said Ken Leon, director of equity research at CFRA Research.</p>\n<p>Leon said that banks will also benefit from the improving financial health of the US consumer. That will boost the banks' credit card, student loan and auto lending portfolios. The&nbsp;housing market&nbsp;is likely to remain strong as well.</p>\n<p>James Shanahan, senior equity research analyst at Edward Jones, added that expectations are \"reasonably high\" for the banks.</p>\n<p>But he thinks that the top financial firms should have no problem delivering strong results, particularly due to the&nbsp;healthy demand&nbsp;for initial public offerings and blank check special purpose acquisition company (SPAC) deals, which help generate robust fees for the investment banks.</p>\n<p><b>Coinbase is ready for its market closeup</b></p>\n<p>Coinbase Global&nbsp;is set to&nbsp;make its Wall Street debut&nbsp;on Wednesday through a direct listing of its shares on the Nasdaq.</p>\n<p>The trading exchange, which is benefiting from the surge in demand for&nbsp;bitcoin, ethereum and&nbsp;other cryptocurrencies, now has 56 million active, verified users and manages about $223 billion in crypto assets. That's about 11% of the total $2 trillion cryptocurrency market.</p>\n<p>Coinbase&nbsp;estimated earlier this month&nbsp;that sales reached $1.8 billion in the first quarter and that it earned a profit of $730 million to $800 million during the first three months of 2021. That's up from sales of $190.6 million in the first quarter of 2020 and net income of about $32 million.</p>\n<p>The company also&nbsp;said in a regulatory filing&nbsp;in March that based on private market transactions, the company's market value was worth nearly $68 billion — a staggering increase from the $8 billion Coinbase was valued at it when it last raised money from venture capitalists in 2018.</p>\n<p>Some on Wall Street are betting that the stock will go significantly higher once it begins trading.</p>\n<p>Santosh Rao, head of research at Manhattan Venture Partners, said in a report last week that it thinks Coinbase could be worth $98 billion. To put that number in perspective, it's more than $30 billion above the current market cap of NYSE ownerIntercontinental Exchange&nbsp;(ICE).</p>\n<p>But that valuation is \"ridiculously high,\" according to David Trainer, CEO of New Constructs, an investment research firm.</p>\n<p>The Coinbase direct listing is the highlight of what could be a busy week for new stocks. Mobile marketing firm AppLovin, autonomous trucking startup TuSimple and senior-focused health care firm Agilon are each set to sell more than $1 billion in stock in initial public offerings.</p>\n<p><b>Up next</b></p>\n<p><b>Tuesday:</b>US consumer price index</p>\n<p><b>Wednesday:</b>IEA crude oil inventories; Goldman Sachs, JPMorgan Chase and Wells Fargo earnings; Coinbase market debut</p>\n<p><b>Thursday:</b>US retail sales; unemployment claims; industrial production; Bank of America, BlackRock, Citigroup, Delta Air Lines, PepsiCo, Rite Aid, Taiwan Semiconductor and UnitedHealth earnings</p>\n<p><b>Friday:</b>US housing starts and building permits; BNY Mellon, Morgan Stanley and PNC earnings</p>","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>Will corporate earnings be strong enough to justify the record stocks rally?</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\">\nWill corporate earnings be strong enough to justify the record stocks rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/11/investing/stocks-week-ahead/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks. Now it's time for ...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/11/investing/stocks-week-ahead/index.html\">Source 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","COIN":"Coinbase Global, Inc.",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/04/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159998596","content_text":"The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks. Now it's time for Corporate America to prove that investors should believe the hype.\nA slew of big banks and other financial firms will report their first quarter earnings next week, giving the market its first glimpse of just how strong profits might be this year.\nJPMorgan Chase (JPM),Goldman Sachs (GS),Bank of America (BAC),Wells Fargo (WFC) and BlackRock (BLK) are just a few of the companies on tap to post their results.\nAccording to data from FactSet Research, overall earnings for the S&P 500 should increase 24.5% in the quarter from a year ago and financial sector earnings are expected to surge nearly 80% from the first quarter of 2020.\nBank stocks have surged this year as long-term bond yields have picked up. Higher yields make lending more profitable for banks. TheFinancial Select Sector SPDR (XLF) exchange-traded fund, which owns most of the top bank stocks, is up nearly 20% this year.\n\"The tone is going to be positive. We're beginning to see the benefits of the economy recovering and banks have room to run with rising rates,\" said Ken Leon, director of equity research at CFRA Research.\nLeon said that banks will also benefit from the improving financial health of the US consumer. That will boost the banks' credit card, student loan and auto lending portfolios. The housing market is likely to remain strong as well.\nJames Shanahan, senior equity research analyst at Edward Jones, added that expectations are \"reasonably high\" for the banks.\nBut he thinks that the top financial firms should have no problem delivering strong results, particularly due to the healthy demand for initial public offerings and blank check special purpose acquisition company (SPAC) deals, which help generate robust fees for the investment banks.\nCoinbase is ready for its market closeup\nCoinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.\nThe trading exchange, which is benefiting from the surge in demand for bitcoin, ethereum and other cryptocurrencies, now has 56 million active, verified users and manages about $223 billion in crypto assets. That's about 11% of the total $2 trillion cryptocurrency market.\nCoinbase estimated earlier this month that sales reached $1.8 billion in the first quarter and that it earned a profit of $730 million to $800 million during the first three months of 2021. That's up from sales of $190.6 million in the first quarter of 2020 and net income of about $32 million.\nThe company also said in a regulatory filing in March that based on private market transactions, the company's market value was worth nearly $68 billion — a staggering increase from the $8 billion Coinbase was valued at it when it last raised money from venture capitalists in 2018.\nSome on Wall Street are betting that the stock will go significantly higher once it begins trading.\nSantosh Rao, head of research at Manhattan Venture Partners, said in a report last week that it thinks Coinbase could be worth $98 billion. To put that number in perspective, it's more than $30 billion above the current market cap of NYSE ownerIntercontinental Exchange (ICE).\nBut that valuation is \"ridiculously high,\" according to David Trainer, CEO of New Constructs, an investment research firm.\nThe Coinbase direct listing is the highlight of what could be a busy week for new stocks. Mobile marketing firm AppLovin, autonomous trucking startup TuSimple and senior-focused health care firm Agilon are each set to sell more than $1 billion in stock in initial public offerings.\nUp next\nTuesday:US consumer price index\nWednesday:IEA crude oil inventories; Goldman Sachs, JPMorgan Chase and Wells Fargo earnings; Coinbase market debut\nThursday:US retail sales; unemployment claims; industrial production; Bank of America, BlackRock, Citigroup, Delta Air Lines, PepsiCo, Rite Aid, Taiwan Semiconductor and UnitedHealth earnings\nFriday:US housing starts and building permits; BNY Mellon, Morgan Stanley and PNC earnings","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"COIN":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577187123447116","authorId":"3577187123447116","name":"YNWA07","avatar":"https://static.tigerbbs.com/4175da8569b716638fc34a8f20d4dcec","crmLevel":11,"crmLevelSwitch":0,"idStr":"3577187123447116","authorIdStr":"3577187123447116"},"content":"Pls like n comment","text":"Pls like n comment","html":"Pls like n comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101491085,"gmtCreate":1619928463047,"gmtModify":1704336485506,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"True true true","listText":"True true true","text":"True true true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/101491085","repostId":"1105099718","repostType":4,"repost":{"id":"1105099718","kind":"news","pubTimestamp":1619897946,"share":"https://ttm.financial/m/news/1105099718?lang=en_US&edition=fundamental","pubTime":"2021-05-02 03:39","market":"us","language":"en","title":"Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=1105099718","media":"WSJ","summary":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate. Professional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B-0.95%. California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive. While many of the complaints aren’t new and none of the shareholder proposals are","content":"<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate</p><p>Professional money managers are turning up the heat on Warren Buffett’s<u>Berkshire Hathaway</u>&nbsp;Inc.BRK.B -0.95%</p><p>California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive<img src=\"https://static.tigerbbs.com/1dd969e4b237144cd02112f41464d169\" tg-width=\"824\" tg-height=\"1396\" referrerpolicy=\"no-referrer\"></p><p>Leading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis &amp; Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.</p><p>While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.</p><p>The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging as<u>a key selling point for money managers in their efforts to keep client money</u>.</p><p>Under Mr. Buffett’s leadership,<u>the firm boasts 20% compounded annualized gains from 1965 to 2020</u>, outperforming the S&amp;P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.</p><p>“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.</p><p></p><p>Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built up<u>a diverse portfolio of mostly U.S. businesses and investments meant to perform over decades</u>, not to compete with a volatile market buoyed by booming tech stocks.</p><p>Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.</p><p>The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.</p><p>“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.</p><p>Berkshire declined to comment ahead of the company’s Saturday meeting.</p><p>Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.</p><p>“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”</p><p></p><p>Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage&nbsp;climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already produces<u>a sustainability report</u>.</p><p>Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.</p><p>Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”</p><p>“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.</p><p>Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.</p><p>“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.</p><p>Another factor is at play: Berkshire shares are slowly changing hands.</p><p>Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.</p><p>About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.</p><p>“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”</p><p>The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters.&nbsp;When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.</p><p>“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.</p>","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>Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline</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; 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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\">\nWarren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 03:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway ...</p>\n\n<a href=\"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/daaa666333c3b9bf0b940ffed4c1c369","relate_stocks":{"BRK.B":"伯克希尔B"},"source_url":"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105099718","content_text":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B -0.95%California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executiveLeading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging asa key selling point for money managers in their efforts to keep client money.Under Mr. Buffett’s leadership,the firm boasts 20% compounded annualized gains from 1965 to 2020, outperforming the S&P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built upa diverse portfolio of mostly U.S. businesses and investments meant to perform over decades, not to compete with a volatile market buoyed by booming tech stocks.Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.Berkshire declined to comment ahead of the company’s Saturday meeting.Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already producesa sustainability report.Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.Another factor is at play: Berkshire shares are slowly changing hands.Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters. When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.","news_type":1,"symbols_score_info":{"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325197078,"gmtCreate":1615872552294,"gmtModify":1704787753993,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Looking good with 3 days uptrend and the positive news this past week.&nbsp;","listText":"Looking good with 3 days uptrend and the positive news this past week.&nbsp;","text":"Looking good with 3 days uptrend and the positive news this past week.","images":[{"img":"https://static.tigerbbs.com/0819b56423c662756072e3f2ff07ab36","width":"750","height":"1962"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/325197078","isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577187123447116","authorId":"3577187123447116","name":"YNWA07","avatar":"https://static.tigerbbs.com/4175da8569b716638fc34a8f20d4dcec","crmLevel":11,"crmLevelSwitch":0,"idStr":"3577187123447116","authorIdStr":"3577187123447116"},"content":"Will it be in the world?","text":"Will it be in the world?","html":"Will it be in the world?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328051051,"gmtCreate":1615475785873,"gmtModify":1704783384514,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/328051051","repostId":"2118677018","repostType":4,"repost":{"id":"2118677018","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615472839,"share":"https://ttm.financial/m/news/2118677018?lang=en_US&edition=fundamental","pubTime":"2021-03-11 22:27","market":"us","language":"en","title":"If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2118677018","media":"Benzinga","summary":"Have you ever thought about what your returns would be today if you invested in Tesla Motors  10 years ago?Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and bu","content":"<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>","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>If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-11 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118677018","content_text":"Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.\nThis company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.\nIn 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.\nOn March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.\nBack in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.\nIn 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.\nSince reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become one of the top electric car manufacturers in the world.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556426392105233","authorId":"3556426392105233","name":"KYY","avatar":"https://static.tigerbbs.com/5b12b3e99ba88ec87208659ca9efb3a9","crmLevel":12,"crmLevelSwitch":0,"idStr":"3556426392105233","authorIdStr":"3556426392105233"},"content":"Do respond to my comment thanks","text":"Do respond to my comment thanks","html":"Do respond to my comment thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125207588,"gmtCreate":1624673853644,"gmtModify":1703843328711,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"True true true","listText":"True true true","text":"True true true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125207588","repostId":"1164137597","repostType":4,"isVote":1,"tweetType":1,"viewCount":3210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101493878,"gmtCreate":1619928430394,"gmtModify":1704336484691,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101493878","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379813550,"gmtCreate":1618714408370,"gmtModify":1704714244747,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Really? Ermm...","listText":"Really? Ermm...","text":"Really? Ermm...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379813550","repostId":"1179330583","repostType":4,"isVote":1,"tweetType":1,"viewCount":1126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347740659,"gmtCreate":1618532887671,"gmtModify":1704712268574,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Just can’t stop going up...","listText":"Just can’t stop going up...","text":"Just can’t stop going up...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347740659","repostId":"1184470866","repostType":4,"isVote":1,"tweetType":1,"viewCount":1033,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342101084,"gmtCreate":1618188590648,"gmtModify":1704707207740,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577494129956329","authorIdStr":"3577494129956329"},"themes":[],"htmlText":"Interesting read.&nbsp;","listText":"Interesting read.&nbsp;","text":"Interesting read.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/342101084","repostId":"2126055152","repostType":4,"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577187123447116","authorId":"3577187123447116","name":"YNWA07","avatar":"https://static.tigerbbs.com/4175da8569b716638fc34a8f20d4dcec","crmLevel":11,"crmLevelSwitch":0,"idStr":"3577187123447116","authorIdStr":"3577187123447116"},"content":"Short cut to being listed?","text":"Short cut to being listed?","html":"Short cut to being listed?"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}