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Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1677279021,"share":"https://ttm.financial/m/news/2314011339?lang=en_US&edition=fundamental","pubTime":"2023-02-25 06:50","market":"us","language":"en","title":"Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2314011339","media":"Reuters","summary":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor th","content":"<html><head></head><body><ul><li>Dow's worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>"This market has not yet realized the likelihood of a recession that we think is reality," he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process."</p><p>Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023</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\">\nWall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-25 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Dow's worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>"This market has not yet realized the likelihood of a recession that we think is reality," he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process."</p><p>Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"513500":"标普500ETF博时","CGEM":"Cullinan Therapeutics","NVDA":"英伟达","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4535":"淡马锡持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4559":"巴菲特持仓","LU0823411888.USD":"法巴消费创新基金 Cap",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BK4588":"碎股","LABP":"Landos Biopharma, Inc.","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","RRC":"山脉资源","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","TSLA":"特斯拉","BK4196":"保健护理服务","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","OEF":"标普100指数ETF-iShares","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC",".SPX":"S&P 500 Index","BK4524":"宅经济概念","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","SSO":"2倍做多标普500ETF-ProShares","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0122376428.USD":"贝莱德世界能源基金A2","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4099":"汽车制造商","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2314011339","content_text":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.\"This market has not yet realized the likelihood of a recession that we think is reality,\" he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.\"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process.\"Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.Adobe Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1677279021,"share":"https://ttm.financial/m/news/2314011339?lang=en_US&edition=fundamental","pubTime":"2023-02-25 06:50","market":"us","language":"en","title":"Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2314011339","media":"Reuters","summary":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor th","content":"<html><head></head><body><ul><li>Dow's worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>"This market has not yet realized the likelihood of a recession that we think is reality," he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process."</p><p>Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023</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\">\nWall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-25 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Dow's worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>"This market has not yet realized the likelihood of a recession that we think is reality," he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process."</p><p>Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"513500":"标普500ETF博时","CGEM":"Cullinan Therapeutics","NVDA":"英伟达","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4535":"淡马锡持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4559":"巴菲特持仓","LU0823411888.USD":"法巴消费创新基金 Cap",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BK4588":"碎股","LABP":"Landos Biopharma, Inc.","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","RRC":"山脉资源","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","TSLA":"特斯拉","BK4196":"保健护理服务","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","OEF":"标普100指数ETF-iShares","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC",".SPX":"S&P 500 Index","BK4524":"宅经济概念","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","SSO":"2倍做多标普500ETF-ProShares","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0122376428.USD":"贝莱德世界能源基金A2","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4099":"汽车制造商","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2314011339","content_text":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.For the blue-chip Dow Jones Industrial Average , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.\"This market has not yet realized the likelihood of a recession that we think is reality,\" he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.\"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process.\"Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500 lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite dropped 195.46 points, or 1.69%, to 11,394.94.Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.Adobe Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.","news_type":1,"symbols_score_info":{"513500":0.6,".SPX":0.9,"CGEM":0.64,"TSLA":0.9,"RRC":0.9,"NVDA":0.9,"APR":0.64,"LABP":0.64,"OEF":0.6,"SSO":0.6,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922234575,"gmtCreate":1671771021998,"gmtModify":1676538590981,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922234575","isVote":1,"tweetType":1,"viewCount":3108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9065077887,"gmtCreate":1652137369249,"gmtModify":1676535035280,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9065077887","repostId":"2234504685","repostType":4,"repost":{"id":"2234504685","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":1652137046,"share":"https://ttm.financial/m/news/2234504685?lang=en_US&edition=fundamental","pubTime":"2022-05-10 06:57","market":"us","language":"en","title":"Upstart Stock Plunges 44% after Earnings as Company Cuts Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2234504685","media":"Dow Jones","summary":"Shares of Upstart Holdings Inc. plunged more than 44% in after-hours trading Monday after the compan","content":"<html><head></head><body><p>Shares of Upstart Holdings Inc. plunged more than 44% in after-hours trading Monday after the company cut its forecast for the full year, warning that the current macroeconomic climate is expected to weigh on loan volume.</p><p><img src=\"https://static.tigerbbs.com/f45b30054141d4bccadc7f2cfe8a6611\" tg-width=\"841\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>The company, which uses artificial intelligence in lending decisions, now expects 2022 revenue of roughly $1.25 billion. Its prior forecast was for about $1.4 billion in revenue.</p><p>The rise in consumer interest rates means that "on the margin, a whole bunch of people that would have been approved are no longer approved," Chief Executive Dave Girouard said on Upstart's earnings call.</p><p>"So there's a whole bunch of loans that just never happened at all, and there's a bunch of people that are still approved, but the interest rate is a few percentage points higher, and a certain fraction of them are going to decide that's not the product that they want," he said, especially citing the case of discretionary purchases.</p><p>Additionally, Chief Financial Officer Sanjay Datta noted that while delinquencies were "unnaturally low" for about 18 months, the trend has reversed given the absence of government stimulus activity.</p><p>Delinquency dynamics also contribute to higher interest rates quoted to consumers, he said, though Upstart has seen a stabilization in delinquency trends over the past 60 days.</p><p>"Given the general macro uncertainties and the emerging prospects of a recession later this year, we have deemed it prudent to reflect a higher degree of conservatism in our forward expectations," Datta said on Upstart's earnings call.</p><p>For the second quarter, Upstart anticipates revenue of $295 million to $305 million, while analysts had been expecting $335 million.</p><p>The bleaker forecast overshadowed better-than-expected results for Upstart's most recent quarter, as revenue jumped to $310 million from $121 million, while analysts had been expecting $300 million.</p><p>The company generated $314 million in fee revenue, up 170% from a year prior, whereas the FactSet consensus was for $287 million</p><p>Upstart also reported first-quarter net income of $32.7 million, or 34 cents a share, compared with $10.1 million, or 11 cents a share, in the year-earlier period. After adjusting for stock-based compensation and other expenses, Upstart earned 61 cents a share, up from 22 cents a share a year prior and ahead of the FactSet consensus, which was for 53 cents a share.</p><p>"We are actually quite pleased and quite happy with the results," Girouard said on the earnings call. While he appreciates "that 2022 is a complicated year in the economy," he emphasized that he's "exceptionally confident in the strength of the business and is optimistic about our future, as we have been."</p><p>Shares of Upstart have lost 31% over the past three months as the S&P 500 has fallen 13%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upstart Stock Plunges 44% after Earnings as Company Cuts Outlook</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\">\nUpstart Stock Plunges 44% after Earnings as Company Cuts Outlook\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\">2022-05-10 06:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Upstart Holdings Inc. plunged more than 44% in after-hours trading Monday after the company cut its forecast for the full year, warning that the current macroeconomic climate is expected to weigh on loan volume.</p><p><img src=\"https://static.tigerbbs.com/f45b30054141d4bccadc7f2cfe8a6611\" tg-width=\"841\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>The company, which uses artificial intelligence in lending decisions, now expects 2022 revenue of roughly $1.25 billion. Its prior forecast was for about $1.4 billion in revenue.</p><p>The rise in consumer interest rates means that "on the margin, a whole bunch of people that would have been approved are no longer approved," Chief Executive Dave Girouard said on Upstart's earnings call.</p><p>"So there's a whole bunch of loans that just never happened at all, and there's a bunch of people that are still approved, but the interest rate is a few percentage points higher, and a certain fraction of them are going to decide that's not the product that they want," he said, especially citing the case of discretionary purchases.</p><p>Additionally, Chief Financial Officer Sanjay Datta noted that while delinquencies were "unnaturally low" for about 18 months, the trend has reversed given the absence of government stimulus activity.</p><p>Delinquency dynamics also contribute to higher interest rates quoted to consumers, he said, though Upstart has seen a stabilization in delinquency trends over the past 60 days.</p><p>"Given the general macro uncertainties and the emerging prospects of a recession later this year, we have deemed it prudent to reflect a higher degree of conservatism in our forward expectations," Datta said on Upstart's earnings call.</p><p>For the second quarter, Upstart anticipates revenue of $295 million to $305 million, while analysts had been expecting $335 million.</p><p>The bleaker forecast overshadowed better-than-expected results for Upstart's most recent quarter, as revenue jumped to $310 million from $121 million, while analysts had been expecting $300 million.</p><p>The company generated $314 million in fee revenue, up 170% from a year prior, whereas the FactSet consensus was for $287 million</p><p>Upstart also reported first-quarter net income of $32.7 million, or 34 cents a share, compared with $10.1 million, or 11 cents a share, in the year-earlier period. After adjusting for stock-based compensation and other expenses, Upstart earned 61 cents a share, up from 22 cents a share a year prior and ahead of the FactSet consensus, which was for 53 cents a share.</p><p>"We are actually quite pleased and quite happy with the results," Girouard said on the earnings call. While he appreciates "that 2022 is a complicated year in the economy," he emphasized that he's "exceptionally confident in the strength of the business and is optimistic about our future, as we have been."</p><p>Shares of Upstart have lost 31% over the past three months as the S&P 500 has fallen 13%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234504685","content_text":"Shares of Upstart Holdings Inc. plunged more than 44% in after-hours trading Monday after the company cut its forecast for the full year, warning that the current macroeconomic climate is expected to weigh on loan volume.The company, which uses artificial intelligence in lending decisions, now expects 2022 revenue of roughly $1.25 billion. Its prior forecast was for about $1.4 billion in revenue.The rise in consumer interest rates means that \"on the margin, a whole bunch of people that would have been approved are no longer approved,\" Chief Executive Dave Girouard said on Upstart's earnings call.\"So there's a whole bunch of loans that just never happened at all, and there's a bunch of people that are still approved, but the interest rate is a few percentage points higher, and a certain fraction of them are going to decide that's not the product that they want,\" he said, especially citing the case of discretionary purchases.Additionally, Chief Financial Officer Sanjay Datta noted that while delinquencies were \"unnaturally low\" for about 18 months, the trend has reversed given the absence of government stimulus activity.Delinquency dynamics also contribute to higher interest rates quoted to consumers, he said, though Upstart has seen a stabilization in delinquency trends over the past 60 days.\"Given the general macro uncertainties and the emerging prospects of a recession later this year, we have deemed it prudent to reflect a higher degree of conservatism in our forward expectations,\" Datta said on Upstart's earnings call.For the second quarter, Upstart anticipates revenue of $295 million to $305 million, while analysts had been expecting $335 million.The bleaker forecast overshadowed better-than-expected results for Upstart's most recent quarter, as revenue jumped to $310 million from $121 million, while analysts had been expecting $300 million.The company generated $314 million in fee revenue, up 170% from a year prior, whereas the FactSet consensus was for $287 millionUpstart also reported first-quarter net income of $32.7 million, or 34 cents a share, compared with $10.1 million, or 11 cents a share, in the year-earlier period. After adjusting for stock-based compensation and other expenses, Upstart earned 61 cents a share, up from 22 cents a share a year prior and ahead of the FactSet consensus, which was for 53 cents a share.\"We are actually quite pleased and quite happy with the results,\" Girouard said on the earnings call. While he appreciates \"that 2022 is a complicated year in the economy,\" he emphasized that he's \"exceptionally confident in the strength of the business and is optimistic about our future, as we have been.\"Shares of Upstart have lost 31% over the past three months as the S&P 500 has fallen 13%.","news_type":1,"symbols_score_info":{"UPST":0}},"isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9087918241,"gmtCreate":1650939123467,"gmtModify":1676534819913,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087918241","repostId":"1136769709","repostType":4,"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041774789,"gmtCreate":1656115706841,"gmtModify":1676535769368,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Optimistic ","listText":"Optimistic ","text":"Optimistic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041774789","repostId":"1199426737","repostType":4,"isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021490798,"gmtCreate":1653092367714,"gmtModify":1676535221289,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Tough road ahead, bear market till end of the year?","listText":"Tough road ahead, bear market till end of the year?","text":"Tough road ahead, bear market till end of the year?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021490798","repostId":"2237029541","repostType":4,"repost":{"id":"2237029541","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1653087564,"share":"https://ttm.financial/m/news/2237029541?lang=en_US&edition=fundamental","pubTime":"2022-05-21 06:59","market":"us","language":"en","title":"Wall Street Ends Mixed After Punishing Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2237029541","media":"Reuters","summary":"* Ross Stores plunges after cutting 2022 forecast* S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03%May 20 (","content":"<html><head></head><body><p>* Ross Stores plunges after cutting 2022 forecast</p><p>* S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03%</p><p>May 20 (Reuters) - Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.</p><p>The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing streak since the end of the dotcom bubble in 2001.</p><p>The Dow suffered its eighth consecutive weekly decline, its longest since 1932 during the Great Depression.</p><p>Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year, with danger signals from Walmart Inc and other retailers this week adding to fears about the economy.</p><p>The S&P 500 spent most of the session in negative territory and at one point was down just over 20% from its Jan. 3 record high close before ending down 18% from that level and flat for the day.</p><p>Closing down 20% from that record level would confirm the S&P 500 has been in a bear market since reaching that January high, according to a common definition.</p><p>The tech-heavy Nasdaq was last down about 27% from its record close in November 2021.</p><p>Weighing heavily on the S&P 500, Tesla tumbled 6.4% after Chief Executive Elon Musk denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.</p><p>Other megacap stocks also fell, with Apple Google-owner Alphabet Inc down 1.3% and Nvidia losing 2.5%.</p><p>Shares of Deere & Co dropped 14% after the heavy equipment maker posted downbeat quarterly revenue.</p><p>Pfizer rose 3.6%, helping the S&P 500 avoid a loss for the day.</p><p>Recent disappointing forecasts from big retailers Walmart, Kohl's Corp and Target Inc have rattled market sentiment, adding to evidence that rising prices have started to hurt the purchasing power of U.S. consumers.</p><p>On Friday, Ross Stores plunged 22.5% after the discount apparel retailer cut its 2022 forecasts for sales and profit, while Vans brand owner VF Corp gained 6.1% on strong 2023 revenue outlook.</p><p>Traders are pricing in 50-basis point rate hikes by the U.S. central bank in June and July.</p><p>The S&P 500 edged up 0.01% to end the session at 3,901.36 points.</p><p>The Nasdaq declined 0.30% to 11,354.62 points, while the Dow Jones Industrial Average rose 0.03% to 31,261.90 points.</p><p>For the week, the S&P 500 fell 3.0%, the Dow lost 2.9% and the Nasdaq declined 3.8%.</p><p>About two thirds of S&P 500 stocks are down 20% or more from their 52-week highs.</p><p>Volume on U.S. exchanges was 13.0 billion shares, compared with a 13.5 billion average over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.16-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 11 new highs and 353 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Mixed After Punishing Week</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\">\nWall Street Ends Mixed After Punishing Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-21 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Ross Stores plunges after cutting 2022 forecast</p><p>* S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03%</p><p>May 20 (Reuters) - Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.</p><p>The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing streak since the end of the dotcom bubble in 2001.</p><p>The Dow suffered its eighth consecutive weekly decline, its longest since 1932 during the Great Depression.</p><p>Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year, with danger signals from Walmart Inc and other retailers this week adding to fears about the economy.</p><p>The S&P 500 spent most of the session in negative territory and at one point was down just over 20% from its Jan. 3 record high close before ending down 18% from that level and flat for the day.</p><p>Closing down 20% from that record level would confirm the S&P 500 has been in a bear market since reaching that January high, according to a common definition.</p><p>The tech-heavy Nasdaq was last down about 27% from its record close in November 2021.</p><p>Weighing heavily on the S&P 500, Tesla tumbled 6.4% after Chief Executive Elon Musk denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.</p><p>Other megacap stocks also fell, with Apple Google-owner Alphabet Inc down 1.3% and Nvidia losing 2.5%.</p><p>Shares of Deere & Co dropped 14% after the heavy equipment maker posted downbeat quarterly revenue.</p><p>Pfizer rose 3.6%, helping the S&P 500 avoid a loss for the day.</p><p>Recent disappointing forecasts from big retailers Walmart, Kohl's Corp and Target Inc have rattled market sentiment, adding to evidence that rising prices have started to hurt the purchasing power of U.S. consumers.</p><p>On Friday, Ross Stores plunged 22.5% after the discount apparel retailer cut its 2022 forecasts for sales and profit, while Vans brand owner VF Corp gained 6.1% on strong 2023 revenue outlook.</p><p>Traders are pricing in 50-basis point rate hikes by the U.S. central bank in June and July.</p><p>The S&P 500 edged up 0.01% to end the session at 3,901.36 points.</p><p>The Nasdaq declined 0.30% to 11,354.62 points, while the Dow Jones Industrial Average rose 0.03% to 31,261.90 points.</p><p>For the week, the S&P 500 fell 3.0%, the Dow lost 2.9% and the Nasdaq declined 3.8%.</p><p>About two thirds of S&P 500 stocks are down 20% or more from their 52-week highs.</p><p>Volume on U.S. exchanges was 13.0 billion shares, compared with a 13.5 billion average over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.16-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 11 new highs and 353 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4082":"医疗保健设备","SDS":"两倍做空标普500 ETF-ProShares","KSS":"柯尔百货","LHDX":"Lucira Health, Inc.","PSQ":"做空纳斯达克100指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","BK4538":"云计算","TQQQ":"纳指三倍做多ETF",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","TSLA":"特斯拉","DXD":"两倍做空道琼30指数ETF-ProShares","BK4202":"服装、服饰与奢侈品","BK4548":"巴美列捷福持仓","DE":"迪尔股份有限公司","PFE":"辉瑞","LABP":"Landos Biopharma, Inc.","DOG":"道指ETF-ProShares做空","QQQ":"纳指100ETF","BK4551":"寇图资本持仓","BK4007":"制药","UDOW":"三倍做多道指30ETF-ProShares","BK4196":"保健护理服务","BK4573":"虚拟现实","BK4114":"综合货品商店","BK4103":"百货商店",".DJI":"道琼斯","BK4581":"高盛持仓","UPRO":"三倍做多标普500ETF-ProShares","TGT":"塔吉特","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股","VFC":"威富集团","BK4534":"瑞士信贷持仓","BK4139":"生物科技","DJX":"1/100道琼斯","BK4514":"搜索引擎","BK4576":"AR","NVDA":"英伟达","SH":"做空标普500-Proshares","BK4503":"景林资产持仓","BK4533":"AQR资本管理(全球第二大对冲基金)",".IXIC":"NASDAQ Composite","SDOW":"三倍做空道指30ETF-ProShares","BK4566":"资本集团","QID":"两倍做空纳斯达克指数ETF-ProShares","OEX":"标普100","ROST":"罗斯百货有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237029541","content_text":"* Ross Stores plunges after cutting 2022 forecast* S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03%May 20 (Reuters) - Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing streak since the end of the dotcom bubble in 2001.The Dow suffered its eighth consecutive weekly decline, its longest since 1932 during the Great Depression.Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year, with danger signals from Walmart Inc and other retailers this week adding to fears about the economy.The S&P 500 spent most of the session in negative territory and at one point was down just over 20% from its Jan. 3 record high close before ending down 18% from that level and flat for the day.Closing down 20% from that record level would confirm the S&P 500 has been in a bear market since reaching that January high, according to a common definition.The tech-heavy Nasdaq was last down about 27% from its record close in November 2021.Weighing heavily on the S&P 500, Tesla tumbled 6.4% after Chief Executive Elon Musk denounced as \"utterly untrue\" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.Other megacap stocks also fell, with Apple Google-owner Alphabet Inc down 1.3% and Nvidia losing 2.5%.Shares of Deere & Co dropped 14% after the heavy equipment maker posted downbeat quarterly revenue.Pfizer rose 3.6%, helping the S&P 500 avoid a loss for the day.Recent disappointing forecasts from big retailers Walmart, Kohl's Corp and Target Inc have rattled market sentiment, adding to evidence that rising prices have started to hurt the purchasing power of U.S. consumers.On Friday, Ross Stores plunged 22.5% after the discount apparel retailer cut its 2022 forecasts for sales and profit, while Vans brand owner VF Corp gained 6.1% on strong 2023 revenue outlook.Traders are pricing in 50-basis point rate hikes by the U.S. central bank in June and July.The S&P 500 edged up 0.01% to end the session at 3,901.36 points.The Nasdaq declined 0.30% to 11,354.62 points, while the Dow Jones Industrial Average rose 0.03% to 31,261.90 points.For the week, the S&P 500 fell 3.0%, the Dow lost 2.9% and the Nasdaq declined 3.8%.About two thirds of S&P 500 stocks are down 20% or more from their 52-week highs.Volume on U.S. exchanges was 13.0 billion shares, compared with a 13.5 billion average over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.16-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 11 new highs and 353 new lows.","news_type":1,"symbols_score_info":{"TSLA":0.9,"SDS":0.6,"DXD":0.6,"LHDX":0.68,"NVDA":0.9,"UPRO":0.6,"LABP":0.68,"SH":0.6,"VFC":0.9,"DOG":0.6,"APR":0.68,".DJI":0.9,"ROST":0.9,"SSO":0.6,"TGT":0.9,"UDOW":0.6,"QID":0.6,"QQQ":0.6,".SPX":0.9,"MNQmain":0.6,"SDOW":0.6,"OEX":0.6,"PSQ":0.6,"DJX":0.6,".IXIC":0.9,"DE":0.9,"PFE":0.9,"KSS":0.9,"TQQQ":0.6}},"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051372028,"gmtCreate":1654648496664,"gmtModify":1676535484489,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Hopefully ","listText":"Hopefully ","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051372028","repostId":"1181861929","repostType":4,"repost":{"id":"1181861929","kind":"news","pubTimestamp":1654646737,"share":"https://ttm.financial/m/news/1181861929?lang=en_US&edition=fundamental","pubTime":"2022-06-08 08:05","market":"sg","language":"en","title":"Additional Support Anticipated For Singapore Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1181861929","media":"rtt news","summary":"The Singapore stock market has alternated between positive and negative finishes through the last si","content":"<html><head></head><body><p>The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day winning streak in which it had gained almost 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,230-point plateau and it's tipped to open in the green again on Wednesday.</p><p>The global forecast for the Asian markets is mixed to higher, with support expected from the oil and technology sectors. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.</p><p>The STI finished slightly higher on Tuesday following mixed performances from the financial shares, property stocks and industrial issues.</p><p>For the day, the index rose 4.91 points or 0.15 percent to finish at the daily high of 3,231.54 after moving as low as 3,214.34. Volume was 1.9 billion shares worth 1.1 billion Singapore dollars. There were 253 decliners and 242 gainers.</p><p>Among the actives, Ascendas REIT dropped 0.35 percent, while CapitaLand Investment shed 0.26 percent, City Developments fell 0.12 percent, Comfort DelGro declined 0.69 percent, DBS Group added 0.33 percent, Hongkong Land spiked 1.36 percent, Keppel Corp rose 0.29 percent, Mapletree Commercial Trust jumped 0.56 percent, Mapletree Industrial Trust slumped 0.40 percent, Mapletree Logistics Trust retreated 0.60 percent, Oversea-Chinese Banking Corporation collected 0.34 percent, SATS plunged 1.22 percent, Singapore Exchange gained 0.31 percent, Singapore Technologies Engineering soared 1.71 percent, SingTel climbed 0.39 percent, United Overseas Bank sank 0.38 percent, Wilmar International tumbled 0.71 percent, Yangzijiang Financial plummeted 2.78 percent, Yangzijiang Shipbuilding surged 2.00 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, SembCorp Industries and Thai Beverage were unchanged.</p><p>The lead from Wall Street is upbeat as the major averages shook off a lower open on Tuesday, picking up steam as the session progressed to end firmly in the green.</p><p>The Dow jumped 264.36 points or 0.80 percent to finish at 33,180.14, while the NASDAQ spiked 113.86 points or 0.94 percent to end at 12,175.23 and the S&P 500 gained 39.25 points or 0.95 percent to close at 4,160.68.</p><p>Worries about slowing growth, a weak margin guidance from Target, and a sell-off in the technology space contributed to Wall Street's weakness in early trades. However, top technology stocks soon recovered and the broad market too started climbing higher as well.</p><p>In U.S. economic news, the Commerce Department said the U.S. trade deficit narrowed significantly in the month of April, to $87.1 billion in April from $107.7 billion in March.</p><p>Crude oil prices climbed higher on Tuesday as prospects of increased demand from China and supply concerns outweighed concerns about growth. West Texas Intermediate Crude oil futures for July ended higher by $0.91 or 0.8 percent at $119.41 a barrel.</p></body></html>","source":"lsy1637539882596","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>Additional Support Anticipated For Singapore Shares</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\">\nAdditional Support Anticipated For Singapore Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 08:05 GMT+8 <a href=https://www.rttnews.com/3289133/additional-support-anticipated-for-singapore-shares.aspx?type=acom><strong>rtt news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day winning streak in which it had gained almost 60 points...</p>\n\n<a href=\"https://www.rttnews.com/3289133/additional-support-anticipated-for-singapore-shares.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3289133/additional-support-anticipated-for-singapore-shares.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181861929","content_text":"The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day winning streak in which it had gained almost 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,230-point plateau and it's tipped to open in the green again on Wednesday.The global forecast for the Asian markets is mixed to higher, with support expected from the oil and technology sectors. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.The STI finished slightly higher on Tuesday following mixed performances from the financial shares, property stocks and industrial issues.For the day, the index rose 4.91 points or 0.15 percent to finish at the daily high of 3,231.54 after moving as low as 3,214.34. Volume was 1.9 billion shares worth 1.1 billion Singapore dollars. There were 253 decliners and 242 gainers.Among the actives, Ascendas REIT dropped 0.35 percent, while CapitaLand Investment shed 0.26 percent, City Developments fell 0.12 percent, Comfort DelGro declined 0.69 percent, DBS Group added 0.33 percent, Hongkong Land spiked 1.36 percent, Keppel Corp rose 0.29 percent, Mapletree Commercial Trust jumped 0.56 percent, Mapletree Industrial Trust slumped 0.40 percent, Mapletree Logistics Trust retreated 0.60 percent, Oversea-Chinese Banking Corporation collected 0.34 percent, SATS plunged 1.22 percent, Singapore Exchange gained 0.31 percent, Singapore Technologies Engineering soared 1.71 percent, SingTel climbed 0.39 percent, United Overseas Bank sank 0.38 percent, Wilmar International tumbled 0.71 percent, Yangzijiang Financial plummeted 2.78 percent, Yangzijiang Shipbuilding surged 2.00 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, SembCorp Industries and Thai Beverage were unchanged.The lead from Wall Street is upbeat as the major averages shook off a lower open on Tuesday, picking up steam as the session progressed to end firmly in the green.The Dow jumped 264.36 points or 0.80 percent to finish at 33,180.14, while the NASDAQ spiked 113.86 points or 0.94 percent to end at 12,175.23 and the S&P 500 gained 39.25 points or 0.95 percent to close at 4,160.68.Worries about slowing growth, a weak margin guidance from Target, and a sell-off in the technology space contributed to Wall Street's weakness in early trades. However, top technology stocks soon recovered and the broad market too started climbing higher as well.In U.S. economic news, the Commerce Department said the U.S. trade deficit narrowed significantly in the month of April, to $87.1 billion in April from $107.7 billion in March.Crude oil prices climbed higher on Tuesday as prospects of increased demand from China and supply concerns outweighed concerns about growth. West Texas Intermediate Crude oil futures for July ended higher by $0.91 or 0.8 percent at $119.41 a barrel.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059617676,"gmtCreate":1654353932495,"gmtModify":1676535435248,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059617676","repostId":"2240228584","repostType":4,"repost":{"id":"2240228584","kind":"highlight","pubTimestamp":1654342902,"share":"https://ttm.financial/m/news/2240228584?lang=en_US&edition=fundamental","pubTime":"2022-06-04 19:41","market":"us","language":"en","title":"Better Buy: Apple vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2240228584","media":"Motley Fool","summary":"Each is an excellent business, but investors can find reasons to choose one over the other.","content":"<div>\n<p>Apple and Amazon have been two chart-topping stocks for the past couple of years. Each is a consumer-oriented technology company that has reached a massive scale. Amazon boasts over 200 million ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/03/better-buy-apple-vs-amazon/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Better Buy: Apple vs. Amazon</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\">\nBetter Buy: Apple vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 19:41 GMT+8 <a href=https://www.fool.com/investing/2022/06/03/better-buy-apple-vs-amazon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple and Amazon have been two chart-topping stocks for the past couple of years. Each is a consumer-oriented technology company that has reached a massive scale. Amazon boasts over 200 million ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/03/better-buy-apple-vs-amazon/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","BK4515":"5G概念","BK4559":"巴菲特持仓","BK4538":"云计算","BK4550":"红杉资本持仓","AMZN":"亚马逊","BK4579":"人工智能","BK4548":"巴美列捷福持仓","BK4507":"流媒体概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4561":"索罗斯持仓","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4512":"苹果概念","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股","BK4501":"段永平概念","AAPL":"苹果","BK4566":"资本集团","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4503":"景林资产持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4122":"互联网与直销零售","BK4575":"芯片概念"},"source_url":"https://www.fool.com/investing/2022/06/03/better-buy-apple-vs-amazon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240228584","content_text":"Apple and Amazon have been two chart-topping stocks for the past couple of years. Each is a consumer-oriented technology company that has reached a massive scale. Amazon boasts over 200 million Prime members, and Apple crossed the 1 billion active iPhone mark more than a year ago.Popularity among consumers is an excellent trait for a company to have, but a good investment requires more than that. Let's pit the e-commerce retailer against the smartphone pioneer and determine which is a better buy for today's long-term investors.The case for AmazonAmazon may be best known for its e-commerce business, but it has other lucrative sources of revenue. In fact, its Amazon Web Services segment brought in all the company's operating income in its most recent quarter, which ended on March 31, despite being only 16% of sales. Amazon's subscription services, which include revenue from Prime memberships, generated $8.4 billion in revenue in the quarter, up by 13% from the same quarter last year. And Amazon has successfully built a robust advertising business that earned $7.9 billion in Q1, up by 25% year over year.These varied sources of revenue are crucial, considering e-commerce sales are slowing after the pandemic-related surge. E-commerce sales are a low-margin business, as evidenced in the most recent quarter, when Amazon lost money in online sales. Shipping is one big cost. Amazon offers Prime members -- who pay a yearly fee -- fast, free shipping and non-Prime members can get free shipping if they spend over $25 on an order.These dynamics have worked to keep Amazon's overall operating profit margin grounded despite rapidly expanding sales. The metric has increased recently as the more profitable segments have taken a larger share of overall sales.AMZN Operating Margin (TTM) data by YChartsThe case for AppleApple is best known for the iPhone. In the six months ended March 26, Apple sold $122.2 billion worth of iPhones, 55% of total sales. Still, like Amazon, Apple has done a solid job building a services business. During the same six months, Apple's services sales totaled $39.3 billion, a 20% year-over-year jump bringing it to about 18% of the total. The iPhone revenue jump was only 7.6%.Its services include the App Store, Apple Music, Apple TV+, and iCloud. Again, similar to Amazon, Apple's services segment generates higher profit margins. In the quarter ended in March, Apple's services gross margin was 72.6%, while its products gross margin was 36.4%.Apple has proven over decades that it can create innovative products that consumers will spend on. More recently, it is proving it can add supplemental services that deliver high profit margins. Indeed, management boasted it had 825 million paid subscribers as of March 26, increasing 165 million over the previous year.That has undoubtedly helped boost Apple's gross profit margin from 37.8% in 2019 to 41.8% in 2021.Apple wins this stock showdownApple and Amazon are both excellent businesses that will likely make you wealthier if you buy and hold each for five years or more. However, if you had to pick only one, I'd recommend should be Apple. The smartphone pioneer is trading at a substantial discount to Amazon when measured by the price-to-earnings ratio (24 versus 55). Meanwhile, it is crushing Amazon on operating profit margins.AMZN PE Ratio data by YCharts","news_type":1,"symbols_score_info":{"AAPL":1,"AMZN":1}},"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063819005,"gmtCreate":1651451854852,"gmtModify":1676534907353,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063819005","repostId":"1177683654","repostType":4,"repost":{"id":"1177683654","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":1651045669,"share":"https://ttm.financial/m/news/1177683654?lang=en_US&edition=fundamental","pubTime":"2022-04-27 15:47","market":"sh","language":"en","title":"Reminder: SGX Market is Closed for Hari Raya Puasa","url":"https://stock-news.laohu8.com/highlight/detail?id=1177683654","media":"Tiger Newspress","summary":"Labour Day and Hari Raya Puasa are around the corner.Trading activities will be affected for the Sin","content":"<html><head></head><body><p>Labour Day and Hari Raya Puasa are around the corner.</p><p>Trading activities will be affected for the Singapore market, Hong Kong market, China A-share market.</p><p>Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/a107bf642cb0abd0ad3407947399d509\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: SGX Market is Closed for Hari Raya Puasa</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\">\nReminder: SGX Market is Closed for Hari Raya Puasa\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\">2022-04-27 15:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Labour Day and Hari Raya Puasa are around the corner.</p><p>Trading activities will be affected for the Singapore market, Hong Kong market, China A-share market.</p><p>Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/a107bf642cb0abd0ad3407947399d509\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177683654","content_text":"Labour Day and Hari Raya Puasa are around the corner.Trading activities will be affected for the Singapore market, Hong Kong market, China A-share market.Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069788096,"gmtCreate":1651364574437,"gmtModify":1676534894222,"author":{"id":"4100992207213510","authorId":"4100992207213510","name":"NhN","avatar":"https://community-static.tradeup.com/news/9431adc106baf6c2071e80eb8842b434","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100992207213510","idStr":"4100992207213510"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069788096","repostId":"1153449029","repostType":4,"repost":{"id":"1153449029","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":1651363323,"share":"https://ttm.financial/m/news/1153449029?lang=en_US&edition=fundamental","pubTime":"2022-05-01 08:02","market":"us","language":"en","title":"Buffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1153449029","media":"Tiger Newspress","summary":"(Reuters) - Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to reveal ","content":"<html><head></head><body><p>(Reuters) - Warren Buffett on Saturday used the annual meeting of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway Inc </a> to reveal major new investments including a bigger stake in <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a>, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.</p><p>The meeting in downtown Omaha, Nebraska was Berkshire's first welcoming shareholders since 2019, before COVID-19 derailed America's largest corporate gathering for two years.</p><p>It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.</p><p>Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company <a href=\"https://laohu8.com/S/CVX\">Chevron Corp </a> and "Call of Duty" game maker <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a> nearly six-fold to more than $31 billion.</p><p>Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.</p><p>Buffett, 91, said it "really feels good" to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.</p><p>Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.</p><p>That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp </a> for $11.6 billion.</p><p>Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire's General Re business, wrote to him.</p><p>"Markets do crazy things, and occasionally Berkshire gets a chance to do something," he said. "It's not because we're smart.... I think we're sane."</p><p>Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.</p><p>But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won't run dry.</p><p>"We will always have a lot of cash," he said. "It's like oxygen, it's there all the time but if it disappears for a few minutes, it's all over."</p><p>Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.</p><p>Jain, who has drawn Buffett's praise for decades, said he had a "lack of ability" to estimate Berkshire's insurance exposure.</p><p>Buffett added that there was a "very, very, very low" risk of a nuclear attack, though the world had "come close" during the 1962 Cuban Missile Crisis.</p><p>"The world is flipping a coin every day," Buffett said. "Berkshire does not have an answer."</p><p>Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.</p><p>"That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street," he said.</p><p>For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, "just say no."</p><p>He and Buffett munched their familiar candies from See's, which Berkshire owns, and drank soda from <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>, a big Berkshire investment, at the meeting.</p><p>Abel defended Berkshire's BNSF railroad, saying there was "more to be done" to improve operations and customer service, and compete against rival <a href=\"https://laohu8.com/S/UNP\">Union Pacific Corp </a>.</p><p>Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger's departures.</p><p>"Berkshire is built forever," he said.</p><p>Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.</p><p>Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.</p><p>"It's not inappropriate for companies to look at separating the chair and CEO," he said. "It doesn't make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here."</p><p>Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).</p><p>Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.</p><p>As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.</p><p>"I bought a chair from Walmart so I could sit down," said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. "Everyone has been using it. Next year I might bring a massive container of coffee and give it out."</p><p>Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. "It's like a pilgrimage," he said.</p><p>Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.</p><p>"I have a bunch of my idols here," he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting</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\">\nBuffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting\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\">2022-05-01 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Warren Buffett on Saturday used the annual meeting of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway Inc </a> to reveal major new investments including a bigger stake in <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a>, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.</p><p>The meeting in downtown Omaha, Nebraska was Berkshire's first welcoming shareholders since 2019, before COVID-19 derailed America's largest corporate gathering for two years.</p><p>It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.</p><p>Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company <a href=\"https://laohu8.com/S/CVX\">Chevron Corp </a> and "Call of Duty" game maker <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a> nearly six-fold to more than $31 billion.</p><p>Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.</p><p>Buffett, 91, said it "really feels good" to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.</p><p>Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.</p><p>That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp </a> for $11.6 billion.</p><p>Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire's General Re business, wrote to him.</p><p>"Markets do crazy things, and occasionally Berkshire gets a chance to do something," he said. "It's not because we're smart.... I think we're sane."</p><p>Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.</p><p>But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won't run dry.</p><p>"We will always have a lot of cash," he said. "It's like oxygen, it's there all the time but if it disappears for a few minutes, it's all over."</p><p>Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.</p><p>Jain, who has drawn Buffett's praise for decades, said he had a "lack of ability" to estimate Berkshire's insurance exposure.</p><p>Buffett added that there was a "very, very, very low" risk of a nuclear attack, though the world had "come close" during the 1962 Cuban Missile Crisis.</p><p>"The world is flipping a coin every day," Buffett said. "Berkshire does not have an answer."</p><p>Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.</p><p>"That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street," he said.</p><p>For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, "just say no."</p><p>He and Buffett munched their familiar candies from See's, which Berkshire owns, and drank soda from <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>, a big Berkshire investment, at the meeting.</p><p>Abel defended Berkshire's BNSF railroad, saying there was "more to be done" to improve operations and customer service, and compete against rival <a href=\"https://laohu8.com/S/UNP\">Union Pacific Corp </a>.</p><p>Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger's departures.</p><p>"Berkshire is built forever," he said.</p><p>Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.</p><p>Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.</p><p>"It's not inappropriate for companies to look at separating the chair and CEO," he said. "It doesn't make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here."</p><p>Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).</p><p>Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.</p><p>As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.</p><p>"I bought a chair from Walmart so I could sit down," said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. "Everyone has been using it. Next year I might bring a massive container of coffee and give it out."</p><p>Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. "It's like a pilgrimage," he said.</p><p>Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.</p><p>"I have a bunch of my idols here," he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153449029","content_text":"(Reuters) - Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to reveal major new investments including a bigger stake in Activision Blizzard Inc , while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.The meeting in downtown Omaha, Nebraska was Berkshire's first welcoming shareholders since 2019, before COVID-19 derailed America's largest corporate gathering for two years.It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company Chevron Corp and \"Call of Duty\" game maker Activision Blizzard Inc nearly six-fold to more than $31 billion.Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.Buffett, 91, said it \"really feels good\" to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer Alleghany Corp for $11.6 billion.Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire's General Re business, wrote to him.\"Markets do crazy things, and occasionally Berkshire gets a chance to do something,\" he said. \"It's not because we're smart.... I think we're sane.\"Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won't run dry.\"We will always have a lot of cash,\" he said. \"It's like oxygen, it's there all the time but if it disappears for a few minutes, it's all over.\"Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.Jain, who has drawn Buffett's praise for decades, said he had a \"lack of ability\" to estimate Berkshire's insurance exposure.Buffett added that there was a \"very, very, very low\" risk of a nuclear attack, though the world had \"come close\" during the 1962 Cuban Missile Crisis.\"The world is flipping a coin every day,\" Buffett said. \"Berkshire does not have an answer.\"Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.\"That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street,\" he said.For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, \"just say no.\"He and Buffett munched their familiar candies from See's, which Berkshire owns, and drank soda from Coca-Cola, a big Berkshire investment, at the meeting.Abel defended Berkshire's BNSF railroad, saying there was \"more to be done\" to improve operations and customer service, and compete against rival Union Pacific Corp .Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger's departures.\"Berkshire is built forever,\" he said.Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.\"It's not inappropriate for companies to look at separating the chair and CEO,\" he said. \"It doesn't make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here.\"Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.\"I bought a chair from Walmart so I could sit down,\" said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. \"Everyone has been using it. Next year I might bring a massive container of coffee and give it out.\"Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. \"It's like a pilgrimage,\" he said.Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.\"I have a bunch of my idols here,\" he said.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}