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Muhammad Babar

Muhammad Babar

Pakistan jazz cash

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2024-01-03

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Top Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More

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Inside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way

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US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course

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Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock

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Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock

2024-01-03

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US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course

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2024-01-04

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2024-09-08

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2024-08-09

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Join us to receive up to USD 1006 rewards","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347187441537272","isVote":1,"tweetType":1,"viewCount":1980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336411965902960,"gmtCreate":1723167915374,"gmtModify":1723175242858,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336411965902960","isVote":1,"tweetType":1,"viewCount":1642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260027588194600,"gmtCreate":1704493662328,"gmtModify":1704506525620,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"Tiger Tycoon","htmlText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=37b3053176274760ea8f702707570cff&amp;invite=K85656&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=37b3053176274760ea8f702707570cff&amp;invite=K85656&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Find out more here: Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260027588194600","isVote":1,"tweetType":1,"viewCount":1547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260023304614056,"gmtCreate":1704492791169,"gmtModify":1704912792180,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"You are invited to enjoy the ultimate US & HK trading experience","htmlText":"Find out more here: <a href=\"https://www.tigersecurities.com/signup?utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8a850482b36666262e7ccea02078bee3&amp;invite=K85656&amp;lang=en_US\">You are invited to enjoy the ultimate US &amp; 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With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/help/detail/42348848?_sasdk=dMThjZDhkMTk3OWE0MjYtMDM0ZTRmNWQwZjE5YTJhLTY5MWQ3ZTZlLTM5NjMyOC0xOGNkOGQxOTc5YjIwMDc&amp;skin=1&amp;os=iOS&amp;account_id=&amp;utm_source=help_center&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=bef31517854a9d24be0ef3f97c17561a&amp;invite=K85656&amp;lang=en_US\">Help Center - Tiger Brokers</a> Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","text":"Find out more here: Help Center - Tiger Brokers Tiger Brokers is a company listed on NASDAQ. With U.S. licenses, it has become the platform of choice for global Chinese investors to trade in the U.S. and Hong Kong. Investors can easily open accounts online with Tiger Brokers.","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259890333290664","isVote":1,"tweetType":1,"viewCount":2014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":259880652083216,"gmtCreate":1704457937505,"gmtModify":1704912792063,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"Join Tiger and enjoy free rewards with me","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1700452095187zbmAkD&amp;skin=2&amp;os=iOS&amp;account_id=&amp;is_invite=true&amp;utm_source=invite&amp;utm_campaign=AC1700452090134sfmgaC&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=3295ad4110500cb0936205a7719ed68b&amp;invite=K85656&amp;lang=en_US\">Join Tiger and enjoy free rewards with me</a> Open an account to claim your welcome bundle","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1700452095187zbmAkD&amp;skin=2&amp;os=iOS&amp;account_id=&amp;is_invite=true&amp;utm_source=invite&amp;utm_campaign=AC1700452090134sfmgaC&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=3295ad4110500cb0936205a7719ed68b&amp;invite=K85656&amp;lang=en_US\">Join Tiger and enjoy free rewards with me</a> Open an account to claim your welcome bundle","text":"Find out more here: Join Tiger and enjoy free rewards with me Open an account to claim your welcome bundle","images":[{"img":"https://static.tigerbbs.com/afe3ada11d030678dc4a089993651813"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259880652083216","isVote":1,"tweetType":1,"viewCount":1655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":259468388364456,"gmtCreate":1704357313570,"gmtModify":1704912792047,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"Join Tiger and enjoy free rewards with me","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1700452095187zbmAkD&amp;is_invite=true&amp;utm_source=invite&amp;utm_campaign=AC1700452090134sfmgaC&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8a416874b5fa1b2530aa9c24380ac181&amp;invite=K85656&amp;lang=en_US\">Join Tiger and enjoy free rewards with me</a> Open an account to claim your welcome bundle","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1700452095187zbmAkD&amp;is_invite=true&amp;utm_source=invite&amp;utm_campaign=AC1700452090134sfmgaC&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=8a416874b5fa1b2530aa9c24380ac181&amp;invite=K85656&amp;lang=en_US\">Join Tiger and enjoy free rewards with me</a> Open an account to claim your welcome bundle","text":"Find out more here: Join Tiger and enjoy free rewards with me Open an account to claim your welcome bundle","images":[{"img":"https://static.tigerbbs.com/afe3ada11d030678dc4a089993651813"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259468388364456","isVote":1,"tweetType":1,"viewCount":1838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":259208677384208,"gmtCreate":1704295937808,"gmtModify":1704295941840,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259208677384208","repostId":"1116291620","repostType":2,"repost":{"id":"1116291620","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":1704295800,"share":"https://ttm.financial/m/news/1116291620?lang=en_US&edition=fundamental","pubTime":"2024-01-03 23:30","market":"us","language":"en","title":"Top Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1116291620","media":"Tiger Newspress","summary":"Here are Wednesday’s biggest calls on Wall Street:Goldman Sachs reiterates Tesla as neutralGoldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equa","content":"<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2 id=\"id_1546790348\" style=\"text-align: start;\">Goldman Sachs reiterates Tesla as neutral</h2><p>Goldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.</p><p>“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”</p><h2 id=\"id_2497445276\" style=\"text-align: start;\">Goldman Sachs reiterates Apple as buy</h2><p>Goldman said it’s standing by its buy rating on the stock.</p><p>“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”</p><h2 id=\"id_940350180\" style=\"text-align: start;\">DA Davidson initiates Nvidia as neutral</h2><p>DA said Nvidia could be “vulnerable” to AI hype.</p><p>“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”</p><h2 id=\"id_4053316329\" style=\"text-align: start;\">Bank of America reiterates Amazon as buy</h2><p>Bank of America said it sees “margin upside” for Amazon in 2024.</p><p>“2024 should be a solid year for Amazon advertising.”</p><h2 id=\"id_698054996\" style=\"text-align: start;\">Goldman Sachs initiates Li Auto as buy</h2><p>Goldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”</p><p>“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”</p><h2 id=\"id_3150242992\" style=\"text-align: start;\">Wolfe upgrades Citi to outperform from peer perform</h2><p>Wolfe said the bank has an “attractive risk/reward.”</p><p>“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”</p><h2 id=\"id_305820707\" style=\"text-align: start;\">KBW downgrading SoFi to underperform from market perform</h2><p>KBW downgraded the stock mainly on valuation.</p><p>“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”</p><h2 id=\"id_2689001626\" style=\"text-align: start;\">BTIG initiates VinFast as buy</h2><p>BTIG said the EV company is well-positioned for expansion into North America.</p><p>“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”</p><h2 id=\"id_2539386046\" style=\"text-align: start;\">KeyBanc upgrades Verizon to overweight from sector weight</h2><p>Key said it’s bullish on Verizon in 2024.</p><p>“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”</p><h2 id=\"id_2773530472\" style=\"text-align: start;\">Jefferies upgrades GSK to buy from hold</h2><p>Jefferies said it sees an attractive risk/reward for the biopharma company.</p><p>“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”</p><h2 id=\"id_553798461\" style=\"text-align: start;\">Mizuho downgrades Exxon to hold from buy</h2><p>Mizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.</p><p>“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”</p><h2 id=\"id_3426469955\" style=\"text-align: start;\">Barclays initiates Teladoc as overweight</h2><p>Barclays said in its initiation of the telehealth company that shares are attractively valued.</p><p>“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”</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>Top Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More</title>\n<style 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}\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\">\nTop Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More\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\">2024-01-03 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2 id=\"id_1546790348\" style=\"text-align: start;\">Goldman Sachs reiterates Tesla as neutral</h2><p>Goldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.</p><p>“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”</p><h2 id=\"id_2497445276\" style=\"text-align: start;\">Goldman Sachs reiterates Apple as buy</h2><p>Goldman said it’s standing by its buy rating on the stock.</p><p>“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”</p><h2 id=\"id_940350180\" style=\"text-align: start;\">DA Davidson initiates Nvidia as neutral</h2><p>DA said Nvidia could be “vulnerable” to AI hype.</p><p>“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”</p><h2 id=\"id_4053316329\" style=\"text-align: start;\">Bank of America reiterates Amazon as buy</h2><p>Bank of America said it sees “margin upside” for Amazon in 2024.</p><p>“2024 should be a solid year for Amazon advertising.”</p><h2 id=\"id_698054996\" style=\"text-align: start;\">Goldman Sachs initiates Li Auto as buy</h2><p>Goldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”</p><p>“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”</p><h2 id=\"id_3150242992\" style=\"text-align: start;\">Wolfe upgrades Citi to outperform from peer perform</h2><p>Wolfe said the bank has an “attractive risk/reward.”</p><p>“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”</p><h2 id=\"id_305820707\" style=\"text-align: start;\">KBW downgrading SoFi to underperform from market perform</h2><p>KBW downgraded the stock mainly on valuation.</p><p>“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”</p><h2 id=\"id_2689001626\" style=\"text-align: start;\">BTIG initiates VinFast as buy</h2><p>BTIG said the EV company is well-positioned for expansion into North America.</p><p>“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”</p><h2 id=\"id_2539386046\" style=\"text-align: start;\">KeyBanc upgrades Verizon to overweight from sector weight</h2><p>Key said it’s bullish on Verizon in 2024.</p><p>“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”</p><h2 id=\"id_2773530472\" style=\"text-align: start;\">Jefferies upgrades GSK to buy from hold</h2><p>Jefferies said it sees an attractive risk/reward for the biopharma company.</p><p>“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”</p><h2 id=\"id_553798461\" style=\"text-align: start;\">Mizuho downgrades Exxon to hold from buy</h2><p>Mizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.</p><p>“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”</p><h2 id=\"id_3426469955\" style=\"text-align: start;\">Barclays initiates Teladoc as overweight</h2><p>Barclays said in its initiation of the telehealth company that shares are attractively valued.</p><p>“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","NVDA":"英伟达","TSLA":"特斯拉","SOFI":"SoFi Technologies Inc.","GSK":"葛兰素史克","AAPL":"苹果","C":"花旗","TDOC":"Teladoc Health Inc.","XOM":"埃克森美孚","VFS":"VinFast Auto","VZ":"Verizon Comms","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116291620","content_text":"Here are Wednesday’s biggest calls on Wall Street:Goldman Sachs reiterates Tesla as neutralGoldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”Goldman Sachs reiterates Apple as buyGoldman said it’s standing by its buy rating on the stock.“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”DA Davidson initiates Nvidia as neutralDA said Nvidia could be “vulnerable” to AI hype.“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”Bank of America reiterates Amazon as buyBank of America said it sees “margin upside” for Amazon in 2024.“2024 should be a solid year for Amazon advertising.”Goldman Sachs initiates Li Auto as buyGoldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”Wolfe upgrades Citi to outperform from peer performWolfe said the bank has an “attractive risk/reward.”“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”KBW downgrading SoFi to underperform from market performKBW downgraded the stock mainly on valuation.“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”BTIG initiates VinFast as buyBTIG said the EV company is well-positioned for expansion into North America.“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”KeyBanc upgrades Verizon to overweight from sector weightKey said it’s bullish on Verizon in 2024.“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”Jefferies upgrades GSK to buy from holdJefferies said it sees an attractive risk/reward for the biopharma company.“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”Mizuho downgrades Exxon to hold from buyMizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”Barclays initiates Teladoc as overweightBarclays said in its initiation of the telehealth company that shares are attractively valued.“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”","news_type":1,"symbols_score_info":{"TDOC":1.1,"VZ":1.1,"XOM":1.1,"C":1.1,"LI":1.1,"GSK":1.1,"AAPL":1.1,"TSLA":1.1,"SOFI":1.1,"NVDA":1.1,"AMZN":1.1,"VFS":1.1}},"isVote":1,"tweetType":1,"viewCount":1964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259203815121192,"gmtCreate":1704294658526,"gmtModify":1704294662189,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Jazz cash&nbsp;","listText":"Jazz cash&nbsp;","text":"Jazz cash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259203815121192","repostId":"1107875215","repostType":2,"repost":{"id":"1107875215","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":1704292200,"share":"https://ttm.financial/m/news/1107875215?lang=en_US&edition=fundamental","pubTime":"2024-01-03 22:30","market":"us","language":"en","title":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course","url":"https://stock-news.laohu8.com/highlight/detail?id=1107875215","media":"Tiger Newspress","summary":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course Ahead of Eagerly Awaited ETF Decision","content":"<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</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>US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course\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\">2024-01-03 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"Strategy",".IXIC":"NASDAQ Composite","BTBT":"Bit Digital, Inc.","BITF":"Bitfarms Ltd.",".SPX":"S&P 500 Index",".DJI":"道琼斯","MARA":"MARA Holdings","RIOT":"Riot Platforms","CAN":"嘉楠科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107875215","content_text":"US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.","news_type":1,"symbols_score_info":{".SPX":1.1,"CAN":1.1,"BTBT":1.1,"BITF":1.1,".IXIC":1.1,"COIN":1.1,"MARA":1.1,".DJI":1.1,"RIOT":1.1,"MSTR":1.1}},"isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259202881765640,"gmtCreate":1704294575235,"gmtModify":1704294579272,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Jazz cash send me money&nbsp;","listText":"Jazz cash send me money&nbsp;","text":"Jazz cash send me money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259202881765640","repostId":"1107875215","repostType":2,"repost":{"id":"1107875215","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":1704292200,"share":"https://ttm.financial/m/news/1107875215?lang=en_US&edition=fundamental","pubTime":"2024-01-03 22:30","market":"us","language":"en","title":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course","url":"https://stock-news.laohu8.com/highlight/detail?id=1107875215","media":"Tiger Newspress","summary":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course Ahead of Eagerly Awaited ETF Decision","content":"<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</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>US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course\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\">2024-01-03 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"Strategy",".IXIC":"NASDAQ Composite","BTBT":"Bit Digital, Inc.","BITF":"Bitfarms Ltd.",".SPX":"S&P 500 Index",".DJI":"道琼斯","MARA":"MARA Holdings","RIOT":"Riot Platforms","CAN":"嘉楠科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107875215","content_text":"US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.","news_type":1,"symbols_score_info":{".SPX":1.1,"CAN":1.1,"BTBT":1.1,"BITF":1.1,".IXIC":1.1,"COIN":1.1,"MARA":1.1,".DJI":1.1,"RIOT":1.1,"MSTR":1.1}},"isVote":1,"tweetType":1,"viewCount":801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258729739112744,"gmtCreate":1704200517071,"gmtModify":1704201924830,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258729739112744","repostId":"1151021704","repostType":2,"repost":{"id":"1151021704","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":1704200400,"share":"https://ttm.financial/m/news/1151021704?lang=en_US&edition=fundamental","pubTime":"2024-01-02 21:00","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1151021704","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market","content":"<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</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>Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock</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\">\nPre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock\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\">2024-01-02 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VYGR":"Voyager Therapeutics Inc","NIO":"蔚来","BTBT":"Bit Digital, Inc.","AAPL":"苹果","MARA":"MARA Holdings","CAN":"嘉楠科技","LI":"理想汽车","BITF":"Bitfarms Ltd.","XPEV":"小鹏汽车","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","PNST":"Pinstripes Holdings Inc.","ASML":"阿斯麦","MSTR":"Strategy","TSLA":"特斯拉","RIOT":"Riot Platforms","CORT":"Corcept医疗","IXI.UK":"IXICO",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151021704","content_text":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market gains could be sustained.Market SnapshotAt 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.Pre-Market MoversCrypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase) - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.Apple (AAPL) - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.Tesla (TSLA) - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted Barron’s Al Root.BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.Chinese EV makers (NIO, Li Auto, XPeng) - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.ASML (ASML) - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.Corcept Therapeutics (CORT) - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.Joyy (YY) - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.Voyager Therapeutics (VYGR) - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.Pinstripes Holdings (PNST) - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.Market NewsMore EVs Lose US Tax Credits Including Tesla, Nissan, GM VehiclesMany electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.Bitcoin Climbs Above $45,000 for First Time Since April 2022Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.","news_type":1,"symbols_score_info":{"BTCM":1.1,"YY":1.1,"CAN":1.1,"XPEV":1.1,"BITF":1.1,"TSLA":1.1,"MARA":1.1,"VYGR":1.1,"LI":1.1,".SPX":1.1,"AAPL":1.1,"ESmain":1.1,".DJI":1.1,"YMmain":1.1,"PNST":1.1,"NIO":1.1,"RIOT":1.1,"CLSK":1.1,"MSTR":1.1,"BTBT":1.1,"CORT":1.1,"NQmain":1.1,"IXI.UK":1.1,"ASML":1.1}},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258730453999808,"gmtCreate":1704200511802,"gmtModify":1704201921935,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Goo","listText":"Goo","text":"Goo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258730453999808","repostId":"1151021704","repostType":2,"repost":{"id":"1151021704","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":1704200400,"share":"https://ttm.financial/m/news/1151021704?lang=en_US&edition=fundamental","pubTime":"2024-01-02 21:00","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1151021704","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market","content":"<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</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>Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock</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\">\nPre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock\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\">2024-01-02 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VYGR":"Voyager Therapeutics Inc","NIO":"蔚来","BTBT":"Bit Digital, Inc.","AAPL":"苹果","MARA":"MARA Holdings","CAN":"嘉楠科技","LI":"理想汽车","BITF":"Bitfarms Ltd.","XPEV":"小鹏汽车","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","PNST":"Pinstripes Holdings Inc.","ASML":"阿斯麦","MSTR":"Strategy","TSLA":"特斯拉","RIOT":"Riot Platforms","CORT":"Corcept医疗","IXI.UK":"IXICO",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151021704","content_text":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market gains could be sustained.Market SnapshotAt 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.Pre-Market MoversCrypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase) - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.Apple (AAPL) - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.Tesla (TSLA) - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted Barron’s Al Root.BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.Chinese EV makers (NIO, Li Auto, XPeng) - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.ASML (ASML) - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.Corcept Therapeutics (CORT) - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.Joyy (YY) - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.Voyager Therapeutics (VYGR) - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.Pinstripes Holdings (PNST) - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.Market NewsMore EVs Lose US Tax Credits Including Tesla, Nissan, GM VehiclesMany electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.Bitcoin Climbs Above $45,000 for First Time Since April 2022Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.","news_type":1,"symbols_score_info":{"BTCM":1.1,"YY":1.1,"CAN":1.1,"XPEV":1.1,"BITF":1.1,"TSLA":1.1,"MARA":1.1,"VYGR":1.1,"LI":1.1,".SPX":1.1,"AAPL":1.1,"ESmain":1.1,".DJI":1.1,"YMmain":1.1,"PNST":1.1,"NIO":1.1,"RIOT":1.1,"CLSK":1.1,"MSTR":1.1,"BTBT":1.1,"CORT":1.1,"NQmain":1.1,"IXI.UK":1.1,"ASML":1.1}},"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258716480778312,"gmtCreate":1704197098718,"gmtModify":1704201830129,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"TIGER WELCOME BUNDLE","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1685354634300bORnZN&amp;actionID=8c06afd5376b3067a878f43571786d81&amp;skin=2&amp;os=iOS&amp;account_id=&amp;utm_source=invite&amp;utm_campaign=AC1685354634300bORnZN&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=eb228ded539175970449d3dc3d8163c6&amp;invite=K85656&amp;lang=en_US#/\">TIGER WELCOME BUNDLE</a> Deposit &amp; trade to win prizes worth USD 888*","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1685354634300bORnZN&amp;actionID=8c06afd5376b3067a878f43571786d81&amp;skin=2&amp;os=iOS&amp;account_id=&amp;utm_source=invite&amp;utm_campaign=AC1685354634300bORnZN&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=eb228ded539175970449d3dc3d8163c6&amp;invite=K85656&amp;lang=en_US#/\">TIGER WELCOME BUNDLE</a> Deposit &amp; trade to win prizes worth USD 888*","text":"Find out more here: TIGER WELCOME BUNDLE Deposit & trade to win prizes worth USD 888*","images":[{"img":"https://static.tigerbbs.com/e8788784932ce971b6c78c33b392cea3"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258716480778312","isVote":1,"tweetType":1,"viewCount":901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":258716046315584,"gmtCreate":1704196981940,"gmtModify":1704201825485,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Good app","listText":"Good app","text":"Good app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258716046315584","repostId":"1193178987","repostType":2,"repost":{"id":"1193178987","kind":"news","pubTimestamp":1704196800,"share":"https://ttm.financial/m/news/1193178987?lang=en_US&edition=fundamental","pubTime":"2024-01-02 20:00","market":"hk","language":"en","title":"Inside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way","url":"https://stock-news.laohu8.com/highlight/detail?id=1193178987","media":"The Financial Times","summary":"Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff morale","content":"<div>\n<p>Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff ...</p>\n\n<a href=\"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb\">Source Link</a>\n\n</div>\n","source":"lsy1580170736413","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>Inside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-02 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb><strong>The Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff ...</p>\n\n<a href=\"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193178987","content_text":"Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff moraleNothing highlights Alibaba’s current problems more than the extraordinary wake-up call from Jack Ma, who founded China’s ecommerce pioneer back in 1999.“I firmly believe that Alibaba will change and reform,” said the country’s most famous entrepreneur in an internal blog post late last year. “Back to our mission and vision, Ali people, come on!”The intended rallying cry only served to show how China’s best-known tech group has lost its direction. Once Asia’s most valuable company, it was overtaken in market capitalisation for the first time in November by its Chinese rival PDD Holdings. Its shares are 75 per cent off their peak of three years ago, after a series of regulatory scraps, U-turns over strategy and amid declining staff morale.PDD overtaking Alibaba “was a real wake-up call for Alibaba”, said one person close to management. “People were really upset, but now Alibaba is thinking how do we deal with this,” they added. Part of the response was for new chief executive Eddie Yongming Wu to take direct control of Alibaba’s core ecommerce business late last month, replacing long-serving executive Trudy Dai, as he tries to strengthen his grip on the sprawling conglomerate.Company insiders and analysts say Alibaba has so far failed in combating aggressive new competitors effectively, keeping abreast of AI developments and capitalising on its strengths in domestic ecommerce to succeed in western markets.The Financial Times spoke to nine Alibaba employees, who painted a picture of a flailing enterprise trying to chart a new course after canning key planks of an ambitious restructuring plan that was supposed to revive its fortunes.Several Alibaba insiders, who declined to be named, spoke of the confusion that resulted. “Many people do not know what has and has not split,” said one Alibaba employee working across different businesses. “That is until they’ve been fired after their business unit has been spun off,” they added.Eddie Yongming Wu is now chief executive of Alibaba group, its cloud business and its core ecommerce division after moves to give him more direct control of the sprawling conglomerate.In March, the tech group had announced its intention to split its empire into six units to unlock shareholder value and stimulate growth across the businesses. The plan was initially embraced by investors, with its share price climbing 20 per cent in the days following the announcement. But fading investor optimism about China’s economy after the end of pandemic-era lockdowns damped enthusiasm.In November Alibaba formally announced it was ditching plans to spin off its cloud business — which it has said is crucial to future growth — and paused the listing of its supermarket unit. It is not clear what is happening to the other four units. Lossmaking wings of the company have been lobbying to stay attached, according to company insiders. Multiple employees said plans to separate other businesses had either been axed or were under review.In one example of resistance to change, Alibaba created an IT team to handle infrastructure across the group after a review found that teams were replicating the same functions in the various business units.But this was then axed because of internal power struggles, according to two people familiar with the matter. “It was a bad and chaotic situation. Many of those who need to be fired have internal backers and cannot be easily dismissed,” said the executive.In another example of the disarray within, an employee at DingTalk, Alibaba’s enterprise communication platform, said their team had been logged out of the group’s intranet without warning, leaving them without access to Alibaba’s internal communications.Power struggles between the old guard led by former chief executive Daniel Zhang and Wu, who took over from him in September, have exacerbated the sense of chaos, insiders said.In March, the company had announced that Zhang would head the cloud business when it was spun off, but on the day in September he was scheduled to take control, he unexpectedly stepped down. The Financial Times reported that incoming chief Wu had pushed him out. Alibaba responded in December that this was not the case and Zhang had expressed his wish to transition away from his role.An Alibaba Cloud person said Zhang’s exit meant many people linked to him would likely be laid off. Last month’s departure of the cloud unit’s chief commercial officer Cai Yinghua was part of Wu’s efforts to reboot the business unit, according to Alibaba insiders.In the run-up to the planned split, tensions had been emerging over how much ecommerce platforms Taobao and Tmall would pay the cloud business for its services if it pursued the break-up and operated as a separate financial entity, according to company insiders. External customer sales for the cloud business declined in the third quarter, underscoring the unit’s reliance on revenues from other parts of the group.“The cloud spin-off was poorly handled. Alibaba should have thought about issues like data security and transfer pricing between Taobao and Cloud before they announced it,” said Robin Zhu, an analyst at Bernstein. During his first investor call as chief in November, Wu positioned the cloud business as the growth driver, during what he called the “advent of the AI era”. He pledged to invest in AI technology, but analysts are sceptical that Wu can revive Alibaba Cloud’s slowing growth.“Alibaba’s cloud growth faces multiple headwinds, including lacklustre private sector enterprise demand, SOEs [state-owned enterprises] increasingly seeking to partner with public-sector cloud service providers like Huawei and . . . ByteDance insourcing its domestic cloud workloads,” said Zhu. Furthermore, the promise to invest in building what Wu calls “revolutionary products for the future” is at odds with its attempt to bolster its share price through dividends and share buybacks. In November, Alibaba announced its first annual dividend, which would cost $2.5bn, and said it had $15bn remaining for its $25bn share buyback scheme. “Alibaba is sending mixed signals with its financial engineering,” said Kevin Xu, a cloud infrastructure investor at Interconnected Capital.“It is the worst of both worlds. Even large profitable tech companies like Alphabet and Amazon don’t issue dividends because they see a road map for more growth and innovation ahead,” he said.The company responded to the FT: “Alibaba has never been in a better financial position to invest for business growth and strategic opportunities. That’s our top priority.”Alibaba’s Cainiao does everything from delivering spring dresses to apartments in Shanghai to shipping packages to Paris that shoppers have bought on AliExpress, the group’s international sales platform.Meanwhile, Alibaba is still moving towards an IPO of its logistics arm, Cainiao. A person close to the management team said it was still pushing for the listing because it was “pessimistic about future demand in ecommerce”, so it was best to “list as soon as possible”.Alibaba told the FT it remained confident in the business. “We have disclosed the IPO plan of Cainiao with a clear timetable, and we are proceeding on this front,” it said. The future of fintech affiliate Ant, in which Alibaba retains a roughly 33 per cent stake, also remains unclear, three years after the authorities halted its $34bn IPO as part of a crackdown on Big Tech. Ant is still awaiting regulatory approval to obtain a financial holding licence, a crucial step to pursue a more modest IPO in Hong Kong or China, according to people close to management.Experts say the restructuring chaos has also distracted Alibaba from tackling its “core problem” in its most profitable and cash-generating business of domestic ecommerce.It is “losing share to [ByteDance-owned] Douyin and also PDD in its main business”, said Duncan Clark, founder and chair of the Beijing-based consultancy BDA. “Alibaba has lost its halo as the dominant player, with the keenest insights on the market, merchants and consumers,” he said.PDD, which owns Pinduoduo and value-priced online retailer Temu, and ByteDance’s Douyin, the Chinese version of TikTok, have seen explosive growth this year, powered by their muscling into Alibaba’s territory. PDD nearly doubled revenue to $9.4bn in the third quarter compared with the same period in 2022. The FT reported that ByteDance, which is not listed, had $29bn in sales in the second quarter, up about 40 per cent from the previous year. Alibaba, which has a portfolio of overseas ecommerce companies, has watched as another Chinese company, Shein, and PDD’s Temu have grown rapidly in the US and Europe with their wildly popular ecommerce platforms, shipping products directly from Chinese factories to consumers in the west at a knockdown price.“There is no good reason why Alibaba, with its network of merchants in China, could not have built the same business,” said one China tech investor.Reviving Alibaba’s fortunes will require “something radical”, said Clark. “Alibaba needs to get back to basics. They have to regain their innovative spirit, focus on stopping the rot, and emphasise how this is an all-company effort,” he said.","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":1036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":259208677384208,"gmtCreate":1704295937808,"gmtModify":1704295941840,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259208677384208","repostId":"1116291620","repostType":2,"repost":{"id":"1116291620","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":1704295800,"share":"https://ttm.financial/m/news/1116291620?lang=en_US&edition=fundamental","pubTime":"2024-01-03 23:30","market":"us","language":"en","title":"Top Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1116291620","media":"Tiger Newspress","summary":"Here are Wednesday’s biggest calls on Wall Street:Goldman Sachs reiterates Tesla as neutralGoldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equa","content":"<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2 id=\"id_1546790348\" style=\"text-align: start;\">Goldman Sachs reiterates Tesla as neutral</h2><p>Goldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.</p><p>“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”</p><h2 id=\"id_2497445276\" style=\"text-align: start;\">Goldman Sachs reiterates Apple as buy</h2><p>Goldman said it’s standing by its buy rating on the stock.</p><p>“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”</p><h2 id=\"id_940350180\" style=\"text-align: start;\">DA Davidson initiates Nvidia as neutral</h2><p>DA said Nvidia could be “vulnerable” to AI hype.</p><p>“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”</p><h2 id=\"id_4053316329\" style=\"text-align: start;\">Bank of America reiterates Amazon as buy</h2><p>Bank of America said it sees “margin upside” for Amazon in 2024.</p><p>“2024 should be a solid year for Amazon advertising.”</p><h2 id=\"id_698054996\" style=\"text-align: start;\">Goldman Sachs initiates Li Auto as buy</h2><p>Goldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”</p><p>“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”</p><h2 id=\"id_3150242992\" style=\"text-align: start;\">Wolfe upgrades Citi to outperform from peer perform</h2><p>Wolfe said the bank has an “attractive risk/reward.”</p><p>“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”</p><h2 id=\"id_305820707\" style=\"text-align: start;\">KBW downgrading SoFi to underperform from market perform</h2><p>KBW downgraded the stock mainly on valuation.</p><p>“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”</p><h2 id=\"id_2689001626\" style=\"text-align: start;\">BTIG initiates VinFast as buy</h2><p>BTIG said the EV company is well-positioned for expansion into North America.</p><p>“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”</p><h2 id=\"id_2539386046\" style=\"text-align: start;\">KeyBanc upgrades Verizon to overweight from sector weight</h2><p>Key said it’s bullish on Verizon in 2024.</p><p>“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”</p><h2 id=\"id_2773530472\" style=\"text-align: start;\">Jefferies upgrades GSK to buy from hold</h2><p>Jefferies said it sees an attractive risk/reward for the biopharma company.</p><p>“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”</p><h2 id=\"id_553798461\" style=\"text-align: start;\">Mizuho downgrades Exxon to hold from buy</h2><p>Mizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.</p><p>“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”</p><h2 id=\"id_3426469955\" style=\"text-align: start;\">Barclays initiates Teladoc as overweight</h2><p>Barclays said in its initiation of the telehealth company that shares are attractively valued.</p><p>“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”</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>Top Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More</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\">\nTop Calls on Wall Street: Tesla, Apple, Nvidia, SoFi, Li Auto, VinFast and More\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\">2024-01-03 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Wednesday’s biggest calls on Wall Street:</p><h2 id=\"id_1546790348\" style=\"text-align: start;\">Goldman Sachs reiterates Tesla as neutral</h2><p>Goldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.</p><p>“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”</p><h2 id=\"id_2497445276\" style=\"text-align: start;\">Goldman Sachs reiterates Apple as buy</h2><p>Goldman said it’s standing by its buy rating on the stock.</p><p>“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”</p><h2 id=\"id_940350180\" style=\"text-align: start;\">DA Davidson initiates Nvidia as neutral</h2><p>DA said Nvidia could be “vulnerable” to AI hype.</p><p>“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”</p><h2 id=\"id_4053316329\" style=\"text-align: start;\">Bank of America reiterates Amazon as buy</h2><p>Bank of America said it sees “margin upside” for Amazon in 2024.</p><p>“2024 should be a solid year for Amazon advertising.”</p><h2 id=\"id_698054996\" style=\"text-align: start;\">Goldman Sachs initiates Li Auto as buy</h2><p>Goldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”</p><p>“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”</p><h2 id=\"id_3150242992\" style=\"text-align: start;\">Wolfe upgrades Citi to outperform from peer perform</h2><p>Wolfe said the bank has an “attractive risk/reward.”</p><p>“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”</p><h2 id=\"id_305820707\" style=\"text-align: start;\">KBW downgrading SoFi to underperform from market perform</h2><p>KBW downgraded the stock mainly on valuation.</p><p>“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”</p><h2 id=\"id_2689001626\" style=\"text-align: start;\">BTIG initiates VinFast as buy</h2><p>BTIG said the EV company is well-positioned for expansion into North America.</p><p>“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”</p><h2 id=\"id_2539386046\" style=\"text-align: start;\">KeyBanc upgrades Verizon to overweight from sector weight</h2><p>Key said it’s bullish on Verizon in 2024.</p><p>“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”</p><h2 id=\"id_2773530472\" style=\"text-align: start;\">Jefferies upgrades GSK to buy from hold</h2><p>Jefferies said it sees an attractive risk/reward for the biopharma company.</p><p>“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”</p><h2 id=\"id_553798461\" style=\"text-align: start;\">Mizuho downgrades Exxon to hold from buy</h2><p>Mizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.</p><p>“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”</p><h2 id=\"id_3426469955\" style=\"text-align: start;\">Barclays initiates Teladoc as overweight</h2><p>Barclays said in its initiation of the telehealth company that shares are attractively valued.</p><p>“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","NVDA":"英伟达","TSLA":"特斯拉","SOFI":"SoFi Technologies Inc.","GSK":"葛兰素史克","AAPL":"苹果","C":"花旗","TDOC":"Teladoc Health Inc.","XOM":"埃克森美孚","VFS":"VinFast Auto","VZ":"Verizon Comms","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116291620","content_text":"Here are Wednesday’s biggest calls on Wall Street:Goldman Sachs reiterates Tesla as neutralGoldman raised its price target on the stock to $255 per share from $235 and said it’s sticking with its equal weight rating.“We are Neutral rated on the stock, with our positive view of Tesla’s long-term growth potential and position in the market offset by what we believe will be additional pricing reductions and full valuation.”Goldman Sachs reiterates Apple as buyGoldman said it’s standing by its buy rating on the stock.“Apple (AAPL, Buy) should also beneﬁt from a recovery in industry PC demand, as well as a track record of share gains.”DA Davidson initiates Nvidia as neutralDA said Nvidia could be “vulnerable” to AI hype.“While we continue to believe that generative AI is the most important transformative technology since the Internet, we do not expect the same level of investment we saw in 2023 continuing beyond 2024 and initiate coverage at a NEUTRAL rating.”Bank of America reiterates Amazon as buyBank of America said it sees “margin upside” for Amazon in 2024.“2024 should be a solid year for Amazon advertising.”Goldman Sachs initiates Li Auto as buyGoldman initiated the China EV company with a buy and says it likes Li’s “competitive positioning.”“Expansion into BEV [battery electric vehicle] drives another leg of growth; initiate at Buy.”Wolfe upgrades Citi to outperform from peer performWolfe said the bank has an “attractive risk/reward.”“C bull case does not require meeting revenue growth targets — we see compelling risk-reward from self-help.”KBW downgrading SoFi to underperform from market performKBW downgraded the stock mainly on valuation.“We are moving our rating on SOFI to Underperform (from MP) due to a combination of recent outperformance but also a re-underwriting of our model, which slightly reduced estimates, leaving us materially below consensus.”BTIG initiates VinFast as buyBTIG said the EV company is well-positioned for expansion into North America.“VinFast is a Vietnam-based passenger electric vehicle (EV) OEM looking to expand into North America (NAM) with longer-term expansion plans into Europe and Asia.”KeyBanc upgrades Verizon to overweight from sector weightKey said it’s bullish on Verizon in 2024.“Our view is based off of: 1) Wireless industry competitive intensity being low, which makes us want more Wireless exposure, and VZ should show better postpaid phone net add performance; 2) VZ’s Broadband subscriber growth is far outpacing T’s.”Jefferies upgrades GSK to buy from holdJefferies said it sees an attractive risk/reward for the biopharma company.“Novartis is still top-pick, then GSK which we upgrade to Buy on near-term risk-reward, and Sanofi’s robust growth remains underappreciated.”Mizuho downgrades Exxon to hold from buyMizuho said in its downgrade of Exxon that it’s concerned about a “weakening” macro.“On the downside, weakening macro outlook will impact its Downstream operations more than IOC [integrated oil companies] peers and could be a headwind.”Barclays initiates Teladoc as overweightBarclays said in its initiation of the telehealth company that shares are attractively valued.“We see an opportunity in TDOC given its near-trough valuation at a discount to even services peers a newfound focus on profitability, balance sheet flexibility, and an embedded platform that lends itself to cross-sales.”","news_type":1,"symbols_score_info":{"TDOC":1.1,"VZ":1.1,"XOM":1.1,"C":1.1,"LI":1.1,"GSK":1.1,"AAPL":1.1,"TSLA":1.1,"SOFI":1.1,"NVDA":1.1,"AMZN":1.1,"VFS":1.1}},"isVote":1,"tweetType":1,"viewCount":1964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258716046315584,"gmtCreate":1704196981940,"gmtModify":1704201825485,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Good app","listText":"Good app","text":"Good app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258716046315584","repostId":"1193178987","repostType":2,"repost":{"id":"1193178987","kind":"news","pubTimestamp":1704196800,"share":"https://ttm.financial/m/news/1193178987?lang=en_US&edition=fundamental","pubTime":"2024-01-02 20:00","market":"hk","language":"en","title":"Inside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way","url":"https://stock-news.laohu8.com/highlight/detail?id=1193178987","media":"The Financial Times","summary":"Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff morale","content":"<div>\n<p>Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff ...</p>\n\n<a href=\"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb\">Source Link</a>\n\n</div>\n","source":"lsy1580170736413","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>Inside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInside the Crisis at Alibaba: How China's Best-Known Tech Group Lost Its Way\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-02 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb><strong>The Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff ...</p>\n\n<a href=\"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.ft.com/content/040e9afc-2947-4e75-a229-14a8a82bd1eb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193178987","content_text":"Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuringAlibaba has suffered a series of regulatory setbacks, U-turns over strategy and declining staff moraleNothing highlights Alibaba’s current problems more than the extraordinary wake-up call from Jack Ma, who founded China’s ecommerce pioneer back in 1999.“I firmly believe that Alibaba will change and reform,” said the country’s most famous entrepreneur in an internal blog post late last year. “Back to our mission and vision, Ali people, come on!”The intended rallying cry only served to show how China’s best-known tech group has lost its direction. Once Asia’s most valuable company, it was overtaken in market capitalisation for the first time in November by its Chinese rival PDD Holdings. Its shares are 75 per cent off their peak of three years ago, after a series of regulatory scraps, U-turns over strategy and amid declining staff morale.PDD overtaking Alibaba “was a real wake-up call for Alibaba”, said one person close to management. “People were really upset, but now Alibaba is thinking how do we deal with this,” they added. Part of the response was for new chief executive Eddie Yongming Wu to take direct control of Alibaba’s core ecommerce business late last month, replacing long-serving executive Trudy Dai, as he tries to strengthen his grip on the sprawling conglomerate.Company insiders and analysts say Alibaba has so far failed in combating aggressive new competitors effectively, keeping abreast of AI developments and capitalising on its strengths in domestic ecommerce to succeed in western markets.The Financial Times spoke to nine Alibaba employees, who painted a picture of a flailing enterprise trying to chart a new course after canning key planks of an ambitious restructuring plan that was supposed to revive its fortunes.Several Alibaba insiders, who declined to be named, spoke of the confusion that resulted. “Many people do not know what has and has not split,” said one Alibaba employee working across different businesses. “That is until they’ve been fired after their business unit has been spun off,” they added.Eddie Yongming Wu is now chief executive of Alibaba group, its cloud business and its core ecommerce division after moves to give him more direct control of the sprawling conglomerate.In March, the tech group had announced its intention to split its empire into six units to unlock shareholder value and stimulate growth across the businesses. The plan was initially embraced by investors, with its share price climbing 20 per cent in the days following the announcement. But fading investor optimism about China’s economy after the end of pandemic-era lockdowns damped enthusiasm.In November Alibaba formally announced it was ditching plans to spin off its cloud business — which it has said is crucial to future growth — and paused the listing of its supermarket unit. It is not clear what is happening to the other four units. Lossmaking wings of the company have been lobbying to stay attached, according to company insiders. Multiple employees said plans to separate other businesses had either been axed or were under review.In one example of resistance to change, Alibaba created an IT team to handle infrastructure across the group after a review found that teams were replicating the same functions in the various business units.But this was then axed because of internal power struggles, according to two people familiar with the matter. “It was a bad and chaotic situation. Many of those who need to be fired have internal backers and cannot be easily dismissed,” said the executive.In another example of the disarray within, an employee at DingTalk, Alibaba’s enterprise communication platform, said their team had been logged out of the group’s intranet without warning, leaving them without access to Alibaba’s internal communications.Power struggles between the old guard led by former chief executive Daniel Zhang and Wu, who took over from him in September, have exacerbated the sense of chaos, insiders said.In March, the company had announced that Zhang would head the cloud business when it was spun off, but on the day in September he was scheduled to take control, he unexpectedly stepped down. The Financial Times reported that incoming chief Wu had pushed him out. Alibaba responded in December that this was not the case and Zhang had expressed his wish to transition away from his role.An Alibaba Cloud person said Zhang’s exit meant many people linked to him would likely be laid off. Last month’s departure of the cloud unit’s chief commercial officer Cai Yinghua was part of Wu’s efforts to reboot the business unit, according to Alibaba insiders.In the run-up to the planned split, tensions had been emerging over how much ecommerce platforms Taobao and Tmall would pay the cloud business for its services if it pursued the break-up and operated as a separate financial entity, according to company insiders. External customer sales for the cloud business declined in the third quarter, underscoring the unit’s reliance on revenues from other parts of the group.“The cloud spin-off was poorly handled. Alibaba should have thought about issues like data security and transfer pricing between Taobao and Cloud before they announced it,” said Robin Zhu, an analyst at Bernstein. During his first investor call as chief in November, Wu positioned the cloud business as the growth driver, during what he called the “advent of the AI era”. He pledged to invest in AI technology, but analysts are sceptical that Wu can revive Alibaba Cloud’s slowing growth.“Alibaba’s cloud growth faces multiple headwinds, including lacklustre private sector enterprise demand, SOEs [state-owned enterprises] increasingly seeking to partner with public-sector cloud service providers like Huawei and . . . ByteDance insourcing its domestic cloud workloads,” said Zhu. Furthermore, the promise to invest in building what Wu calls “revolutionary products for the future” is at odds with its attempt to bolster its share price through dividends and share buybacks. In November, Alibaba announced its first annual dividend, which would cost $2.5bn, and said it had $15bn remaining for its $25bn share buyback scheme. “Alibaba is sending mixed signals with its financial engineering,” said Kevin Xu, a cloud infrastructure investor at Interconnected Capital.“It is the worst of both worlds. Even large profitable tech companies like Alphabet and Amazon don’t issue dividends because they see a road map for more growth and innovation ahead,” he said.The company responded to the FT: “Alibaba has never been in a better financial position to invest for business growth and strategic opportunities. That’s our top priority.”Alibaba’s Cainiao does everything from delivering spring dresses to apartments in Shanghai to shipping packages to Paris that shoppers have bought on AliExpress, the group’s international sales platform.Meanwhile, Alibaba is still moving towards an IPO of its logistics arm, Cainiao. A person close to the management team said it was still pushing for the listing because it was “pessimistic about future demand in ecommerce”, so it was best to “list as soon as possible”.Alibaba told the FT it remained confident in the business. “We have disclosed the IPO plan of Cainiao with a clear timetable, and we are proceeding on this front,” it said. The future of fintech affiliate Ant, in which Alibaba retains a roughly 33 per cent stake, also remains unclear, three years after the authorities halted its $34bn IPO as part of a crackdown on Big Tech. Ant is still awaiting regulatory approval to obtain a financial holding licence, a crucial step to pursue a more modest IPO in Hong Kong or China, according to people close to management.Experts say the restructuring chaos has also distracted Alibaba from tackling its “core problem” in its most profitable and cash-generating business of domestic ecommerce.It is “losing share to [ByteDance-owned] Douyin and also PDD in its main business”, said Duncan Clark, founder and chair of the Beijing-based consultancy BDA. “Alibaba has lost its halo as the dominant player, with the keenest insights on the market, merchants and consumers,” he said.PDD, which owns Pinduoduo and value-priced online retailer Temu, and ByteDance’s Douyin, the Chinese version of TikTok, have seen explosive growth this year, powered by their muscling into Alibaba’s territory. PDD nearly doubled revenue to $9.4bn in the third quarter compared with the same period in 2022. The FT reported that ByteDance, which is not listed, had $29bn in sales in the second quarter, up about 40 per cent from the previous year. Alibaba, which has a portfolio of overseas ecommerce companies, has watched as another Chinese company, Shein, and PDD’s Temu have grown rapidly in the US and Europe with their wildly popular ecommerce platforms, shipping products directly from Chinese factories to consumers in the west at a knockdown price.“There is no good reason why Alibaba, with its network of merchants in China, could not have built the same business,” said one China tech investor.Reviving Alibaba’s fortunes will require “something radical”, said Clark. “Alibaba needs to get back to basics. They have to regain their innovative spirit, focus on stopping the rot, and emphasise how this is an all-company effort,” he said.","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":1036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259203815121192,"gmtCreate":1704294658526,"gmtModify":1704294662189,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Jazz cash&nbsp;","listText":"Jazz cash&nbsp;","text":"Jazz cash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259203815121192","repostId":"1107875215","repostType":2,"repost":{"id":"1107875215","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":1704292200,"share":"https://ttm.financial/m/news/1107875215?lang=en_US&edition=fundamental","pubTime":"2024-01-03 22:30","market":"us","language":"en","title":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course","url":"https://stock-news.laohu8.com/highlight/detail?id=1107875215","media":"Tiger Newspress","summary":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course Ahead of Eagerly Awaited ETF Decision","content":"<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</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>US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course\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\">2024-01-03 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"Strategy",".IXIC":"NASDAQ Composite","BTBT":"Bit Digital, Inc.","BITF":"Bitfarms Ltd.",".SPX":"S&P 500 Index",".DJI":"道琼斯","MARA":"MARA Holdings","RIOT":"Riot Platforms","CAN":"嘉楠科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107875215","content_text":"US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.","news_type":1,"symbols_score_info":{".SPX":1.1,"CAN":1.1,"BTBT":1.1,"BITF":1.1,".IXIC":1.1,"COIN":1.1,"MARA":1.1,".DJI":1.1,"RIOT":1.1,"MSTR":1.1}},"isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258729739112744,"gmtCreate":1704200517071,"gmtModify":1704201924830,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258729739112744","repostId":"1151021704","repostType":2,"repost":{"id":"1151021704","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":1704200400,"share":"https://ttm.financial/m/news/1151021704?lang=en_US&edition=fundamental","pubTime":"2024-01-02 21:00","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1151021704","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market","content":"<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</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>Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock</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\">\nPre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock\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\">2024-01-02 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VYGR":"Voyager Therapeutics Inc","NIO":"蔚来","BTBT":"Bit Digital, Inc.","AAPL":"苹果","MARA":"MARA Holdings","CAN":"嘉楠科技","LI":"理想汽车","BITF":"Bitfarms Ltd.","XPEV":"小鹏汽车","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","PNST":"Pinstripes Holdings Inc.","ASML":"阿斯麦","MSTR":"Strategy","TSLA":"特斯拉","RIOT":"Riot Platforms","CORT":"Corcept医疗","IXI.UK":"IXICO",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151021704","content_text":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market gains could be sustained.Market SnapshotAt 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.Pre-Market MoversCrypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase) - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.Apple (AAPL) - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.Tesla (TSLA) - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted Barron’s Al Root.BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.Chinese EV makers (NIO, Li Auto, XPeng) - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.ASML (ASML) - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.Corcept Therapeutics (CORT) - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.Joyy (YY) - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.Voyager Therapeutics (VYGR) - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.Pinstripes Holdings (PNST) - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.Market NewsMore EVs Lose US Tax Credits Including Tesla, Nissan, GM VehiclesMany electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.Bitcoin Climbs Above $45,000 for First Time Since April 2022Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.","news_type":1,"symbols_score_info":{"BTCM":1.1,"YY":1.1,"CAN":1.1,"XPEV":1.1,"BITF":1.1,"TSLA":1.1,"MARA":1.1,"VYGR":1.1,"LI":1.1,".SPX":1.1,"AAPL":1.1,"ESmain":1.1,".DJI":1.1,"YMmain":1.1,"PNST":1.1,"NIO":1.1,"RIOT":1.1,"CLSK":1.1,"MSTR":1.1,"BTBT":1.1,"CORT":1.1,"NQmain":1.1,"IXI.UK":1.1,"ASML":1.1}},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258730453999808,"gmtCreate":1704200511802,"gmtModify":1704201921935,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Goo","listText":"Goo","text":"Goo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258730453999808","repostId":"1151021704","repostType":2,"repost":{"id":"1151021704","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":1704200400,"share":"https://ttm.financial/m/news/1151021704?lang=en_US&edition=fundamental","pubTime":"2024-01-02 21:00","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1151021704","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market","content":"<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</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>Pre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock</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\">\nPre-Bell｜Nasdaq Futures Slip Over 1%; Crypto Stocks Shine; Apple Drops 2% After Barclays Downgrades Stock\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\">2024-01-02 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year&#39;s big market gains could be sustained.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&amp;P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa3f36ce2400345b48190ea14b78e36\" tg-width=\"390\" tg-height=\"199\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Crypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase)</strong> - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.</p><p><strong>Apple (AAPL)</strong> - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.</p><p><strong>Tesla (TSLA)</strong> - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted <em>Barron’s</em> Al Root.</p><p style=\"text-align: start;\">BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.</p><p style=\"text-align: start;\"><strong>Chinese EV makers (NIO, Li Auto, XPeng)</strong> - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.</p><p style=\"text-align: start;\"><strong>ASML (ASML)</strong> - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.</p><p><strong>Corcept Therapeutics (CORT)</strong> - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.</p><p><strong>Joyy (YY)</strong> - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.</p><p><strong>Voyager Therapeutics</strong> <strong>(VYGR)</strong> - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.</p><p><strong>Pinstripes Holdings (PNST)</strong> - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">More EVs Lose US Tax Credits Including Tesla, Nissan, GM Vehicles</h3><p>Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.</p><p>The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.</p><p>The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.</p><h3 id=\"id_2145875013\">Bitcoin Climbs Above $45,000 for First Time Since April 2022</h3><p>Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world&#39;s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.</p><p>Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.</p><p>Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VYGR":"Voyager Therapeutics Inc","NIO":"蔚来","BTBT":"Bit Digital, Inc.","AAPL":"苹果","MARA":"MARA Holdings","CAN":"嘉楠科技","LI":"理想汽车","BITF":"Bitfarms Ltd.","XPEV":"小鹏汽车","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","PNST":"Pinstripes Holdings Inc.","ASML":"阿斯麦","MSTR":"Strategy","TSLA":"特斯拉","RIOT":"Riot Platforms","CORT":"Corcept医疗","IXI.UK":"IXICO",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151021704","content_text":"U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a report of a broker downgrade and investors pondered if last year's big market gains could be sustained.Market SnapshotAt 7:51 a.m. ET, Dow e-minis were down 225 points, or 0.59%, S&P 500 e-minis were down 36.75 points, or 0.76%, and Nasdaq 100 e-minis were down 186.75 points, or 1.10%.Pre-Market MoversCrypto stocks (Marathon Digital, Bitfarms, Bit Digital, CleanSpark, Riot Blockchain, MicroStrategy, Coinbase) - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds. Crypto stocks gained in premarket trading Tuesday. BIT Mining jumped 15%; Marathon Digital jumped 12%; Bitfarms, Bit Digital and CleanSpark jumped 11%; Riot Blockchain rose 9%; MicroStrategy and Canaan rose 7%; Coinbase rose 3%.Apple (AAPL) - Apple was falling 2% to $188.75 after analysts at Barclays downgraded shares of the iPhone maker to Underweight from Equal Weight and lowered their price target to $160 from $161. The analysts said in a research note that the iPhone 15 has been “lackluster” and they don’t see the company’s services segment growing more than 10%.Tesla (TSLA) - Tesla is expected by analysts on Tuesday to report fourth-quarter deliveries of between 475,000 and 480,000 units, which would top the electric-vehicle maker’s record of 466,000 delivered in the second quarter of 2023 and a rebound from the 435,000 delivered in the third quarter of 2023. The stock was down 1.1% in premarket trading. It has been volatile following previous deliveries reports, with the shares moving an average of about 7%, up or down, following the last eight reports, noted Barron’s Al Root.BYD, the Chinese EV giant, meanwhile, reported Monday fourth-quarter deliveries of about 526,000 all-electric vehicles, up from about 432,000 delivered in the third quarter of 2023. If Tesla meets expectations, BYD’s numbers would make it the largest seller of all-battery electric vehicles on the planet. BYD shares fell 2.3% in Hong Kong trading.Chinese EV makers (NIO, Li Auto, XPeng) - U.S.-listed shares of fellow Chinese EV makers Li Auto, NIO, and XPeng traded lower after issuing deliveries numbers for December. Li Auto was down 5.2% even after reporting it delivered 50,353 vehicles in December, a jump of 137.1% from a year earlier. NIO declined 2.9% after reporting 18,012 EV deliveries, while XPeng fell 1.9% following deliveries of 20,115 units, a new record.ASML (ASML) - ASML fell 3.2% after the Dutch government blocked the chip-equipment manufacturer from exporting to China certain lithography systems, which are essential to making advanced microprocessors. The Wall Street Journal reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. “We do not expect the current revocation of our export license or the latest U.S. export control restrictions to have a material impact on our financial outlook for 2023,” ASML said in a statement.Corcept Therapeutics (CORT) - Corcept Therapeutics plummeted 32.3% in premarket trading Tuesday after a loss in a patent trial with Teva Pharmaceuticals over a patent for Cushing’s syndrome drug Korlym.Joyy (YY) - Joyy Inc.’s stock fell 11.1% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. has cancelled its $3.6 billion bid for the company.Voyager Therapeutics (VYGR) - Voyager Therapeutics Inc.’s stock soared 32% early Tuesday, after the Lexington, Mass.-based biotech announced a new license agreement with Novartis Pharma AG, a unit of Novartis AG.Pinstripes Holdings (PNST) - Pinstripes and Banyan Acquisition Corporation Friday announced they have closed their previously announced business combination. Under the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. Pinstripes’ Class A common stock and warrants begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.  Pinstripes shares jumped 16% in premarket trading.Market NewsMore EVs Lose US Tax Credits Including Tesla, Nissan, GM VehiclesMany electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday.The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehicle type. Treasury said some manufacturers have yet to submit information on eligible vehicles, which could lead to changes in the list.Bitcoin Climbs Above $45,000 for First Time Since April 2022Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since 2020. It was last up 2.5% at $45,318 but remains far off the record high of $69,000 it touched in November 2021.Ether , the coin linked to the ethereum blockchain network, was 1.45% higher at $2,386 on Tuesday, having surged 91% in 2023.","news_type":1,"symbols_score_info":{"BTCM":1.1,"YY":1.1,"CAN":1.1,"XPEV":1.1,"BITF":1.1,"TSLA":1.1,"MARA":1.1,"VYGR":1.1,"LI":1.1,".SPX":1.1,"AAPL":1.1,"ESmain":1.1,".DJI":1.1,"YMmain":1.1,"PNST":1.1,"NIO":1.1,"RIOT":1.1,"CLSK":1.1,"MSTR":1.1,"BTBT":1.1,"CORT":1.1,"NQmain":1.1,"IXI.UK":1.1,"ASML":1.1}},"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259202881765640,"gmtCreate":1704294575235,"gmtModify":1704294579272,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"htmlText":"Jazz cash send me money&nbsp;","listText":"Jazz cash send me money&nbsp;","text":"Jazz cash send me money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259202881765640","repostId":"1107875215","repostType":2,"repost":{"id":"1107875215","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":1704292200,"share":"https://ttm.financial/m/news/1107875215?lang=en_US&edition=fundamental","pubTime":"2024-01-03 22:30","market":"us","language":"en","title":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course","url":"https://stock-news.laohu8.com/highlight/detail?id=1107875215","media":"Tiger Newspress","summary":"US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course Ahead of Eagerly Awaited ETF Decision","content":"<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</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>US Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stocks Open Lower on Wednesday; Crypto Stocks Tumble As Bitcoin Reverses Course\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\">2024-01-03 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.</p><p>A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.</p><p style=\"text-align: start;\">The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.</p><p>Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3177a7cfc7602e224d0f0da3ec57b4a2\" title=\"\" tg-width=\"387\" tg-height=\"729\"/></p><p>“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”</p><p style=\"text-align: start;\">More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.</p><p>Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.</p><p>Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.</p><p>Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"Strategy",".IXIC":"NASDAQ Composite","BTBT":"Bit Digital, Inc.","BITF":"Bitfarms Ltd.",".SPX":"S&P 500 Index",".DJI":"道琼斯","MARA":"MARA Holdings","RIOT":"Riot Platforms","CAN":"嘉楠科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107875215","content_text":"US stocks fell Wednesday, putting Wall Street on track for another choppy session, after the Nasdaq Composite registered its worst daily decline in nearly three months.A slump in Bitcoin on Wednesday saw the cryptocurrency erase almost all gains it had made in the first days of this year, bucking a long-running upswing that outperformed a global malaise in traditional assets.The world’s largest token fell as much as 9.2% to dip briefly below $41,000 shortly after 7 a.m. in New York, a day after the digital asset had topped the $45,000 mark in a 21-month high. The volatility also spilled over into crypto-linked stocks, with shares in the US crypto exchange Coinbase Global Inc. falling 6.9%.Crypto stocks tumbled in morning trading. Canaan fell 12.5%; Bit Digital fell 11.3%; Riot Blockchain, CleanSpark, Bitfarms and Marathon Digital fell about 10%; Coinbase fell 7%; MicroStrategy fell 6%.“We will likely see some increased volatility in the short term as markets start to measure risk in all asset classes, as we enter a year that has many question marks,” said Fadi Aboualfa, head of research at crypto custodian Copper Technologies Ltd., in an email on Wednesday. “Regardless, we saw markets tank just the same at the start of December, only to rally up further.”More than $500 million in positions across all cryptocurrencies on major exchanges have been liquidated so far on Wednesday, according to data by Coinglass. It’s the largest amount of liquidations since Dec. 11.Bitcoin has been on a tear ahead of an upcoming Jan. 10 deadline that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly to the asset’s spot price. The cryptocurrency’s value rose almost 160% in 2023, alongside a broader rally in digital-asset fortunes.Even so, Matrixport analyst Markus Thielen said in a note that he expects the SEC will decline all Bitcoin ETF proposals this month. Thielen said recent applications will still fall short of requirements that must be met before the SEC signs off on them. If the SEC were to reject the proposals, some market watchers predicted issuers may opt to retaliate against the regulator.Several issuers filed named authorized participants for their potential Bitcoin-linked products in recent days, a sign that the funds could be nearing approval. Among those named are Wall Street heavyweights Jane Street Capital and JPMorgan, who will be responsible for steering cash in and out of ETFs.","news_type":1,"symbols_score_info":{".SPX":1.1,"CAN":1.1,"BTBT":1.1,"BITF":1.1,".IXIC":1.1,"COIN":1.1,"MARA":1.1,".DJI":1.1,"RIOT":1.1,"MSTR":1.1}},"isVote":1,"tweetType":1,"viewCount":801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258716480778312,"gmtCreate":1704197098718,"gmtModify":1704201830129,"author":{"id":"4165356974088002","authorId":"4165356974088002","name":"Muhammad Babar","avatar":"https://community-static.tradeup.com/news/f02a25c789bdaa598241bd170fe71d56","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4165356974088002","idStr":"4165356974088002"},"themes":[],"title":"TIGER WELCOME BUNDLE","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/forapp/welcome/sgp.html?adcode=AC1685354634300bORnZN&amp;actionID=8c06afd5376b3067a878f43571786d81&amp;skin=2&amp;os=iOS&amp;account_id=&amp;utm_source=invite&amp;utm_campaign=AC1685354634300bORnZN&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=eb228ded539175970449d3dc3d8163c6&amp;invite=K85656&amp;lang=en_US#/\">TIGER WELCOME BUNDLE</a> Deposit &amp; 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