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Dawang
Dawang
·
05-29
$NVIDIA(NVDA)$
loving AI everyday 😋
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Dawang
Dawang
·
05-22
$NVIDIA(NVDA)$
Feeling like a Jensen today [Miser]
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Dawang
Dawang
·
2024-08-21
$NVIDIA Corp(NVDA)$
results on the horizons on 28 Aug!
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Dawang
Dawang
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2023-10-25
Fiat currency down the drain again.
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Dawang
Dawang
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2023-04-05
Pump prices heading north again, D'oh!
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Dawang
Dawang
·
2023-03-21
25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏
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Dawang
Dawang
·
2023-03-17
Trust and confidence really takes decades to build, but seconds to destroy...
First Republic Extends Plunge as Bank Said to Weigh Options
Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options
First Republic Extends Plunge as Bank Said to Weigh Options
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Dawang
Dawang
·
2023-03-15
Time bomb ticking
US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil
Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US f
US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil
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Dawang
Dawang
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2023-03-15
Better to not catch a falling knife
Sorry, this post has been deleted
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Dawang
Dawang
·
2023-03-14
Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣
Pre-Bell|Nasdaq Futures Slipped 1%; First Republic Cratered More Than 64%
Futures fell on Monday, erasing earlier gains as traders assessed a plan to backstop all the deposit
Pre-Bell|Nasdaq Futures Slipped 1%; First Republic Cratered More Than 64%
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","listText":"Fiat currency down the drain again. ","text":"Fiat currency down the drain again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/234289992352000","isVote":1,"tweetType":1,"viewCount":3446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948646757,"gmtCreate":1680705208580,"gmtModify":1680705218547,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"Pump prices heading north again, D'oh!","listText":"Pump prices heading north again, D'oh!","text":"Pump prices heading north again, D'oh!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948646757","isVote":1,"tweetType":1,"viewCount":3094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943666611,"gmtCreate":1679411321033,"gmtModify":1679411325484,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","listText":"25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","text":"25 bps seems the right dose. Despite the recent debacles, the era of cheap money must end. Bite the bullet before its tooo late 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943666611","isVote":1,"tweetType":1,"viewCount":2685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943949012,"gmtCreate":1679064443836,"gmtModify":1679064450732,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"Trust and confidence really takes decades to build, but seconds to destroy...","listText":"Trust and confidence really takes decades to build, but seconds to destroy...","text":"Trust and confidence really takes decades to build, but seconds to destroy...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943949012","repostId":"1107223006","repostType":4,"repost":{"id":"1107223006","kind":"news","pubTimestamp":1678974531,"share":"https://ttm.financial/m/news/1107223006?lang=&edition=fundamental","pubTime":"2023-03-16 21:48","market":"us","language":"en","title":"First Republic Extends Plunge as Bank Said to Weigh Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1107223006","media":"Bloomberg","summary":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options","content":"<div>\n<p>Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Extends Plunge as Bank Said to Weigh Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 21:48 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PACW":"西太平洋合众银行","WAL":"阿莱恩斯西部银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107223006","content_text":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, as the San Francisco-based bank issaid to be exploring strategic options that include a sale.The stock sank by 28% in New York, extending a slide that had already erased more than $17 billion off its market capitalization this month. The firm that’s mulling a sale is also weighing options for shoring upliquidity, according to people familiar with the matter.“Normally, a headline of a potential sale would support the stock,” Christopher McGratty, an analyst at Keefe, Bruyette and Woods, wrote in a report. “However, the potentially significant deposit outflows post-SIVB failure likely leave FRC in a tough spot.”“Any potential sale would likely be a tough outcome for existing shareholders, given mark-to-market accounting on loans,” McGratty wrote.Investors across the banking space are on tenterhooks amid the upheaval in US regional lenders as well as thetumultsurrounding Credit Suisse Group AG. Shares of the Swiss bank rebounded Thursday after itopened a $54 billion line of creditwith the country’s central bank and offered to buy back debt. The European Central Bankdelivered a planned half-point hikein interest rates on Thursday.On Wednesday, First Republic shares sank 21% as its credit rating wascut to junkby S&P Global Ratings and Fitch Ratings. The bank said Sunday that itstotal available unused liquidityto fund operations was morethan $70 billion, from agreements that included the Federal Reserve and JPMorgan Chase & Co.First Republic specializes in private banking and wealth management, and has tried to differentiate itself from Silicon Valley Bank. Several regional bank peers were down as well. PacWest Bancorp sank by 14% and Western Alliance Bancorp slid 9%.“First Republic’s options have narrowed following deposit outflow, a sharp share-price decline and recent downgrades from ratings agencies, while a potential sale of the bank could center on the attractive wealth-management business,” Herman Chan, an analyst atBloomberg Intelligence, wrote in a note.","news_type":1,"symbols_score_info":{"FRC":0.9,"PACW":0.9,"WAL":0.9}},"isVote":1,"tweetType":1,"viewCount":2917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949782013,"gmtCreate":1678892788933,"gmtModify":1678892792069,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"Time bomb ticking","listText":"Time bomb ticking","text":"Time bomb ticking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949782013","repostId":"1170735488","repostType":4,"repost":{"id":"1170735488","kind":"news","pubTimestamp":1678876569,"share":"https://ttm.financial/m/news/1170735488?lang=&edition=fundamental","pubTime":"2023-03-15 18:36","market":"other","language":"en","title":"US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil","url":"https://stock-news.laohu8.com/highlight/detail?id=1170735488","media":"Bloomberg","summary":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US f","content":"<div>\n<p>Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 18:36 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170735488","content_text":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries turned higher on haven demand.Europe’s Stoxx 600 equity benchmark fell 2%, with a gauge of banks plunging more than 5%. Shares in Credit Suisse slumped for an eighth straight session after a top shareholder ruled out more assistance, while the cost of default insurance on the Swiss lender’s short-term debt approached distressed levels.Contracts on the S&P 500 and Nasdaq 100 fluctuated before turning lower as a rebound in regional banks petered out in premarket trading. The 10-year Treasury yield fell 12 basis points. A gauge of dollar strength gained after four days of declines.Renewed jitters in the banking sector is complicating the task for policy makers still facing inflation pressures while having to ensure stability of the financial system. Swaps pricing is back to positioning for the Federal Reserve to lift rates by a quarter percentage point next week after the odds of an increase had slipped to nearly 50-50 on Monday. The European Central Bank is seen tightening by 50 basis points on Thursday.“Central banks are likely to be more cautious as they monitor the tightening in credit conditions,” said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. “However, one major difference with previous banking crisis episodes is a more resilient macro backdrop including persistent inflationary pressures. This will make for a difficult trade-off between inflation and financial stability risks, with central banks trying to resist rate cuts for as long as possible.”The two-year Treasury yield — the most sensitive to rate moves — has fluctuated wildly since dipping below 4% on Monday for the first time since September. Just a week ago, it stood above 5% after Fed Chair Jerome Powell signaled higher rates for longer.Stocks have been on a similar roller-coaster ride. Futures indicated Tuesday’s 1.7% surge wouldn’t extend as investors continued to be on edge over turmoil in the banking sector. Stocks plunged 4.6% last week, the worst since September. Data on producer prices, manufacturing and retail sales later today may provide further clues on the outlook for policy.Remarks from ratings companies on the financial sector underscored that sentiment is likely to remain fragile after the biggest American bank failures since the financial crisis.Moody’s Investors Service cut its outlook on the sector on the heels of the trio of banking collapses over the past few days. First Republic Bank triggered a volatility halt after S&P Global Ratings placed the company on watch negative.Traders were also digesting a slew of economic data from China, where retail sales rose as much as estimated while factory output was fractionally lower than projected. The People’s Bank of China added more liquidity than expected while holding a key lending rate unchanged. Rising housing sales provided one clearly positive signal, reflected in a rally in mainland property index.Elsewhere in markets, oil was little changed close to a three-month low as traders took stock of the outlook for demand.Key events this week:US business inventories, retail sales, PPI, empire manufacturing, WednesdayEurozone rate decision, ThursdayUS housing starts, initial jobless claims, ThursdayJanet Yellen appears before the Senate Finance Committee, ThursdayUS University of Michigan consumer sentiment, industrial production, Conference Board leading index, FridaySome of the main moves in markets:StocksS&P 500 futures fell 1.2% as of 6:25 a.m. New York timeNasdaq 100 futures fell 1%Futures on the Dow Jones Industrial Average fell 1.2%The Stoxx Europe 600 fell 2.1%The MSCI World index fell 0.3%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.6% to $1.0673The British pound fell 0.4% to $1.2109The Japanese yen rose 0.3% to 133.88 per dollarCryptocurrenciesBitcoin was little changed at $24,649.12Ether fell 0.7% to $1,693.55BondsThe yield on 10-year Treasuries declined 13 basis points to 3.56%Germany’s 10-year yield declined 11 basis points to 2.31%Britain’s 10-year yield declined six basis points to 3.43%CommoditiesWest Texas Intermediate crude was little changedGold futures were little changedVolatilityVIX surged 10.87% to 26.31VIXmain rose 6.96% to 25.35","news_type":1,"symbols_score_info":{"ESmain":0.9,"BZmain":0.9,"VIXmain":0.9,"CLmain":0.9,"VIX":0.9,"YMmain":0.9,"NQmain":0.9,"GCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949786581,"gmtCreate":1678892764244,"gmtModify":1678892767881,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"Better to not catch a falling knife ","listText":"Better to not catch a falling knife ","text":"Better to not catch a falling knife","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949786581","repostId":"2319427811","repostType":4,"isVote":1,"tweetType":1,"viewCount":2789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949538399,"gmtCreate":1678736812712,"gmtModify":1678736817779,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579482809178950","idStr":"3579482809178950"},"themes":[],"htmlText":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","listText":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","text":"Boat is returning to the harbour. Times like these is when Cash is king. Hickyak hickyak hickyak. 🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949538399","repostId":"1137814337","repostType":4,"repost":{"id":"1137814337","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":1678709996,"share":"https://ttm.financial/m/news/1137814337?lang=&edition=fundamental","pubTime":"2023-03-13 20:19","market":"us","language":"en","title":"Pre-Bell|Nasdaq Futures Slipped 1%; First Republic Cratered More Than 64%","url":"https://stock-news.laohu8.com/highlight/detail?id=1137814337","media":"Tiger Newspress","summary":"Futures fell on Monday, erasing earlier gains as traders assessed a plan to backstop all the deposit","content":"<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks.</p><h2><b>Market Snapshot</b></h2><p>At 8:48 a.m. ET, Dow e-minis were down 408 points, or 1.27%, S&P 500 e-minis were down 54 points, or 1.39%, and Nasdaq 100 e-minis were down 129 points, or 1.08%.</p><p><img src=\"https://static.tigerbbs.com/e98857db11d182cdd6e5403a83efed2f\" tg-width=\"279\" tg-height=\"138\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>First Republic— Shares of First Republic cratered more than 64% before the bell, building on last week’s losses. Shares led a decline in bank stocks despiteplans from the government to backstop depositorsof Silicon Valley Bank and Signature Bank.</p><p>Seagen— Shares soared more than 18% in early market trading on news it will be acquired byPfizerin a deal worth roughly $43 billion, which will boost Pfizer’s cancer treatment portfolio as it endures a decline in Covid-19 product sales. Pfizeroffered $229 in cashper share of Seagen, a 32.7% upside to Friday’s closing price.</p><p>Illumina— Shares of the biotech company rose 8.2% after The Wall Street Journal reported that billionaire activist Carl Icahn is preparing a proxy fight at Illumina. Icahn is arguing the company cost its shareholders about $50 billion after pushing through a risky acquisition despite facing opposition from regulators, the Journal said.</p><p>PacWest Bancorp,Western Alliance Bancorp— Regional lenders PacWest Bancorp’s shares fell by more than 40% while Western Alliance’s stock fell by more than 51%, with both banks stinging from the closure of Silicon Valley Bank and Signature Bank. In an attempt to calm investors, bothbanks said on Fridaythat their liquidity and deposits remained strong.</p><p>Bank of America,JP Morgan,Citigroup— Shares of major banks saw significant losses in early market trading, after the closure of two major banks has spread fear among investors and pushedregulators to further clamp down on risksassociated with the bank closures. Bank of America lost 4.2%, JP Morgan shed about 1.4%, and Citi was down 2.25%.</p><p>Charles Schwab— Shares declined by more than 6.6% before the bell. Citiupgraded the stock to buy from neutral, however, saying the company’s 23% decline over the last two trading days gives it a “compelling” risk-reward ratio. Citi expects near-term revenue and earnings headwinds from rising funding costs and continued client cash sorting, which it believes are already reflected in the current stock price.</p><p>PNC— Shares lost nearly 5.2% early Monday morning after the bankdecided against biddingon Silicon Valley Bank as regulators struggle to find buyers for the failed bank.</p><p>Roku— Roku’s shares fell more than 2% before the bell. The streaming and media companysaid in a Friday SEC filingthat around $487 million, or 26%, of its cash reserves are stuck at Silicon Valley Bank.</p><p>Petco Health and Wellness— Shares slipped less than 1% after the company was downgraded by Citi to neutral from buy. The Wall Street firm cited continued weakness in discretionary spending and the potential for consumers to trade down to cheaper offerings among the reasons for the call.</p><h2><b>Market News</b></h2><p><b>Pfizer Agrees to Buy Seagen for $43 Billion</b></p><p>Pfizer Inc (PFE.N) on Monday struck a roughly $43 billion deal for Seagen Inc (SGEN.O) to bulk up its cancer treatment portfolio, as the drugmaker braces for a steep fall in COVID-19 product sales and loss of exclusivity for some top sellers.</p><p>The deal, Pfizer's largest since its $67 billion acquisition of Wyeth in 2009, will add four approved cancer therapies with combined sales of nearly $2 billion in 2022.</p><p><b>HSBC to Buy Silicon Valley Bank’s UK Arm for £1 in Tech Repreive</b></p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC Holdings Plc</a> is set to buy the UK arm of Silicon Valley Bank, the culmination of a frantic weekend where ministers and bankers explored various ways to avert the SVB unit’s collapse.</p><p>The London-listed lender’s “ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1,” HSBC said in a statement Monday.</p><p><b>Signature Bank Closed by New York Regulators in SVB’s Wake</b></p><p><a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a>’s Silicon Valley Bank spreads to other lenders.</p><p>Depositors at the New York-based bank will have access to their money under “a similar systemic risk exception” to one that will allow Silicon Valley Bank clients to get their money on Monday, the Treasury Department, the Federal Reserve and the Federal Insurance Deposit Corp. said in a joint statement Sunday.</p><p><b>U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access</b></p><p><a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC's resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</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 Slipped 1%; First Republic Cratered More Than 64%</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\">\nPre-Bell|Nasdaq Futures Slipped 1%; First Republic Cratered More Than 64%\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\">2023-03-13 20:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Futures fell on Monday, erasing earlier gains as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks.</p><h2><b>Market Snapshot</b></h2><p>At 8:48 a.m. ET, Dow e-minis were down 408 points, or 1.27%, S&P 500 e-minis were down 54 points, or 1.39%, and Nasdaq 100 e-minis were down 129 points, or 1.08%.</p><p><img src=\"https://static.tigerbbs.com/e98857db11d182cdd6e5403a83efed2f\" tg-width=\"279\" tg-height=\"138\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p>First Republic— Shares of First Republic cratered more than 64% before the bell, building on last week’s losses. Shares led a decline in bank stocks despiteplans from the government to backstop depositorsof Silicon Valley Bank and Signature Bank.</p><p>Seagen— Shares soared more than 18% in early market trading on news it will be acquired byPfizerin a deal worth roughly $43 billion, which will boost Pfizer’s cancer treatment portfolio as it endures a decline in Covid-19 product sales. Pfizeroffered $229 in cashper share of Seagen, a 32.7% upside to Friday’s closing price.</p><p>Illumina— Shares of the biotech company rose 8.2% after The Wall Street Journal reported that billionaire activist Carl Icahn is preparing a proxy fight at Illumina. Icahn is arguing the company cost its shareholders about $50 billion after pushing through a risky acquisition despite facing opposition from regulators, the Journal said.</p><p>PacWest Bancorp,Western Alliance Bancorp— Regional lenders PacWest Bancorp’s shares fell by more than 40% while Western Alliance’s stock fell by more than 51%, with both banks stinging from the closure of Silicon Valley Bank and Signature Bank. In an attempt to calm investors, bothbanks said on Fridaythat their liquidity and deposits remained strong.</p><p>Bank of America,JP Morgan,Citigroup— Shares of major banks saw significant losses in early market trading, after the closure of two major banks has spread fear among investors and pushedregulators to further clamp down on risksassociated with the bank closures. Bank of America lost 4.2%, JP Morgan shed about 1.4%, and Citi was down 2.25%.</p><p>Charles Schwab— Shares declined by more than 6.6% before the bell. Citiupgraded the stock to buy from neutral, however, saying the company’s 23% decline over the last two trading days gives it a “compelling” risk-reward ratio. Citi expects near-term revenue and earnings headwinds from rising funding costs and continued client cash sorting, which it believes are already reflected in the current stock price.</p><p>PNC— Shares lost nearly 5.2% early Monday morning after the bankdecided against biddingon Silicon Valley Bank as regulators struggle to find buyers for the failed bank.</p><p>Roku— Roku’s shares fell more than 2% before the bell. The streaming and media companysaid in a Friday SEC filingthat around $487 million, or 26%, of its cash reserves are stuck at Silicon Valley Bank.</p><p>Petco Health and Wellness— Shares slipped less than 1% after the company was downgraded by Citi to neutral from buy. The Wall Street firm cited continued weakness in discretionary spending and the potential for consumers to trade down to cheaper offerings among the reasons for the call.</p><h2><b>Market News</b></h2><p><b>Pfizer Agrees to Buy Seagen for $43 Billion</b></p><p>Pfizer Inc (PFE.N) on Monday struck a roughly $43 billion deal for Seagen Inc (SGEN.O) to bulk up its cancer treatment portfolio, as the drugmaker braces for a steep fall in COVID-19 product sales and loss of exclusivity for some top sellers.</p><p>The deal, Pfizer's largest since its $67 billion acquisition of Wyeth in 2009, will add four approved cancer therapies with combined sales of nearly $2 billion in 2022.</p><p><b>HSBC to Buy Silicon Valley Bank’s UK Arm for £1 in Tech Repreive</b></p><p><a href=\"https://laohu8.com/S/HSBC\">HSBC Holdings Plc</a> is set to buy the UK arm of Silicon Valley Bank, the culmination of a frantic weekend where ministers and bankers explored various ways to avert the SVB unit’s collapse.</p><p>The London-listed lender’s “ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1,” HSBC said in a statement Monday.</p><p><b>Signature Bank Closed by New York Regulators in SVB’s Wake</b></p><p><a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a>’s Silicon Valley Bank spreads to other lenders.</p><p>Depositors at the New York-based bank will have access to their money under “a similar systemic risk exception” to one that will allow Silicon Valley Bank clients to get their money on Monday, the Treasury Department, the Federal Reserve and the Federal Insurance Deposit Corp. said in a joint statement Sunday.</p><p><b>U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access</b></p><p><a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC's resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137814337","content_text":"Futures fell on Monday, erasing earlier gains as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks.Market SnapshotAt 8:48 a.m. ET, Dow e-minis were down 408 points, or 1.27%, S&P 500 e-minis were down 54 points, or 1.39%, and Nasdaq 100 e-minis were down 129 points, or 1.08%.Pre-Market MoversFirst Republic— Shares of First Republic cratered more than 64% before the bell, building on last week’s losses. Shares led a decline in bank stocks despiteplans from the government to backstop depositorsof Silicon Valley Bank and Signature Bank.Seagen— Shares soared more than 18% in early market trading on news it will be acquired byPfizerin a deal worth roughly $43 billion, which will boost Pfizer’s cancer treatment portfolio as it endures a decline in Covid-19 product sales. Pfizeroffered $229 in cashper share of Seagen, a 32.7% upside to Friday’s closing price.Illumina— Shares of the biotech company rose 8.2% after The Wall Street Journal reported that billionaire activist Carl Icahn is preparing a proxy fight at Illumina. Icahn is arguing the company cost its shareholders about $50 billion after pushing through a risky acquisition despite facing opposition from regulators, the Journal said.PacWest Bancorp,Western Alliance Bancorp— Regional lenders PacWest Bancorp’s shares fell by more than 40% while Western Alliance’s stock fell by more than 51%, with both banks stinging from the closure of Silicon Valley Bank and Signature Bank. In an attempt to calm investors, bothbanks said on Fridaythat their liquidity and deposits remained strong.Bank of America,JP Morgan,Citigroup— Shares of major banks saw significant losses in early market trading, after the closure of two major banks has spread fear among investors and pushedregulators to further clamp down on risksassociated with the bank closures. Bank of America lost 4.2%, JP Morgan shed about 1.4%, and Citi was down 2.25%.Charles Schwab— Shares declined by more than 6.6% before the bell. Citiupgraded the stock to buy from neutral, however, saying the company’s 23% decline over the last two trading days gives it a “compelling” risk-reward ratio. Citi expects near-term revenue and earnings headwinds from rising funding costs and continued client cash sorting, which it believes are already reflected in the current stock price.PNC— Shares lost nearly 5.2% early Monday morning after the bankdecided against biddingon Silicon Valley Bank as regulators struggle to find buyers for the failed bank.Roku— Roku’s shares fell more than 2% before the bell. The streaming and media companysaid in a Friday SEC filingthat around $487 million, or 26%, of its cash reserves are stuck at Silicon Valley Bank.Petco Health and Wellness— Shares slipped less than 1% after the company was downgraded by Citi to neutral from buy. The Wall Street firm cited continued weakness in discretionary spending and the potential for consumers to trade down to cheaper offerings among the reasons for the call.Market NewsPfizer Agrees to Buy Seagen for $43 BillionPfizer Inc (PFE.N) on Monday struck a roughly $43 billion deal for Seagen Inc (SGEN.O) to bulk up its cancer treatment portfolio, as the drugmaker braces for a steep fall in COVID-19 product sales and loss of exclusivity for some top sellers.The deal, Pfizer's largest since its $67 billion acquisition of Wyeth in 2009, will add four approved cancer therapies with combined sales of nearly $2 billion in 2022.HSBC to Buy Silicon Valley Bank’s UK Arm for £1 in Tech RepreiveHSBC Holdings Plc is set to buy the UK arm of Silicon Valley Bank, the culmination of a frantic weekend where ministers and bankers explored various ways to avert the SVB unit’s collapse.The London-listed lender’s “ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1,” HSBC said in a statement Monday.Signature Bank Closed by New York Regulators in SVB’s WakeSignature Bank was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of SVB Financial Group’s Silicon Valley Bank spreads to other lenders.Depositors at the New York-based bank will have access to their money under “a similar systemic risk exception” to one that will allow Silicon Valley Bank clients to get their money on Monday, the Treasury Department, the Federal Reserve and the Federal Insurance Deposit Corp. said in a joint statement Sunday.U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit AccessSilicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC's resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.","news_type":1,"symbols_score_info":{"YMmain":0.9,"NQmain":0.9,"ESmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}