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Mingzu
Mingzu
·
2023-06-18
[微笑]
The "AI Android Moment" is really here! Zuckerberg wants to "counterattack"
LLaMA的商用版本可能会刺激更多的使用。
The "AI Android Moment" is really here! Zuckerberg wants to "counterattack"
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Mingzu
Mingzu
·
2023-06-18
[微笑]
Sorry, this post has been deleted
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Mingzu
Mingzu
·
2023-05-20
[微笑]
"Extreme Game"! U.S. debt ceiling talks 'end to no avail' on Friday
美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束，双方均未提及任何进展，也没有安排进一步的会议。据报道，债务上限僵局集中在2024年的支出水平上。据路透报道，美国白宫与共和党谈判代表周五
"Extreme Game"! U.S. debt ceiling talks 'end to no avail' on Friday
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Mingzu
Mingzu
·
2023-05-19
[微笑]
Sorry, this post has been deleted
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Mingzu
Mingzu
·
2023-05-14
[微笑]
Sorry, this post has been deleted
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Mingzu
Mingzu
·
2023-05-04
[微笑]
Not by "moat" alone! Buffett also has a big investment "trick"
巴菲特投资的大多数公司都派息，预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。一年一度的“投资界春晚”、伯克希尔·哈撒韦股东会将在周六召开，这时候，普通投资者又会抛出灵魂一问：巴菲特
Not by "moat" alone! Buffett also has a big investment "trick"
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Mingzu
Mingzu
·
2023-05-03
[微笑]
Morgan Stanley and UBS prefer bonds over stocks, with recession threat as the main cause
经济衰退的威胁正使债券成为较安全的投资，而股市尚未反映这些风险。这是从摩根大通到瑞银和摩根士丹利一些基金经理和策略师的观点，他们现在更偏好固定收益工具而非股票。他们所持的论点是：债券（尤其是评级较高的
Morgan Stanley and UBS prefer bonds over stocks, with recession threat as the main cause
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Mingzu
Mingzu
·
2023-05-03
[微笑]
U.S. ADP employment was 296,000 in April, biggest increase since July 2022
5月3日，美国4月ADP就业人数为29.6万人，为2022年7月以来最大增幅；预期14.8万人，前值14.5万人。ADP报告：4月金融服务业就业人数减少2.8万人，3月减少5.1万人；4月贸易/运输/
U.S. ADP employment was 296,000 in April, biggest increase since July 2022
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Mingzu
Mingzu
·
2023-04-30
[微笑]
How long can U.S. tech stocks be bullish? Just look at the earnings report of Apple and AMD next week
后续财报可能“喜忧参半”，AI热潮带动芯片需求增加，AMD、高通财报指引可能好于预期，而苹果可能会公布其产品部门三年来首次全面萎缩。经济衰退阴云笼罩下，微软、Meta等科技巨头扛住了压力，一季度业绩超
How long can U.S. tech stocks be bullish? Just look at the earnings report of Apple and AMD next week
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Mingzu
Mingzu
·
2023-04-29
[微笑]
First Republic "Whose Family Flowers"? Report: FDIC asks bidders like JPMorgan to submit final offers by Sunday
作为吸收存款超过10%的大型银行，摩根大通的收购在监管方面存在障碍，但为了拯救第一共和银行，也存在破例的可能性。岌岌可危的第一共和银行迎来了意向方：摩根大通、PNC都有可能成为最终收购者。据彭博今日报
First Republic "Whose Family Flowers"? Report: FDIC asks bidders like JPMorgan to submit final offers by Sunday
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Zuckerberg wants to \"counterattack\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1188548178","media":"华尔街见闻","summary":"LLaMA的商用版本可能会刺激更多的使用。","content":"<p><html><head></head><body>Author: Wang Mei</p><p><p style=\"text-align: justify;\">In order to further open the \"AI Android moment\", it is reported that Meta is studying how to make its open source large language model available for commercial use to allow developers to commercialize and make money.</p><p><p style=\"text-align: justify;\">Meta CEO Mark Zuckerberg and his lieutenants hope other companies will be free to use and profit from new AI software that Meta is developing, the Information reported Thursday. For developers and businesses that are increasingly adopting AI, the decision could have significant implications.</p><p><h2 style=\"text-align: start;\">The commercial version of LLaMA could spur more use</h2><p style=\"text-align: justify;\">Citing people familiar with the matter, the report revealed that Meta is working on how to make the next version of its open-source Large Language Model (LLM), a technology that could power chatbots like ChatGPT, available for commercial use. The move could spark a frenzy among AI developers eager to find alternatives to proprietary software sold by rivals Google and OpenAI. This will also indirectly benefit Meta's own AI development.</p><p><p style=\"text-align: justify;\">In February this year, Meta released the first version of its open source large language model (LLM), namely Meta AI (LLaMA), which can help researchers develop alternatives to proprietary AI software at low cost, thus causing an uproar in the AI field.</p><p><p style=\"text-align: justify;\">LLaMA, while only authorized for research use, has taken the industry by storm. Researchers have used it to develop open-source LLMs such as Vicuna, whose functionality is claimed to have approached proprietary versions on some metrics. While proprietary AI software has become a major revenue source for OpenAI, the creator of ChatGPT.</p><p><p style=\"text-align: justify;\">Meta will benefit from releasing open source AI models. Meta CEO Zuckerberg said in an April conference call with equity analysts that as developers adopt and improve these models or patch their security vulnerabilities, Meta will be able to integrate these improvements into its own AI models for consumer and advertising products.</p><p><p style=\"text-align: justify;\">But,<strong>Since Meta chose to release LLaMA under research license, the open-source large language model spawned so far cannot be used for commercial purposes, which limits its promotion and replication in commercial applications.</strong></p><p><p style=\"text-align: justify;\">The commercial version of LLaMA may spur the software to be used more, although many hurdles remain. These obstacles include gaining access to dedicated servers, which have been in short supply, and the high cost of running such servers compared to typical computing tasks.</p><p><p style=\"text-align: justify;\">On The podcast \"The Lex Fridman,\" Zuckerberg referred to The internal debate over how to license The second version of LLaMA, saying:</p><p>\"We did the research authorization for the first version of LLaMA, and I think what we need to consider most now is, what is the right way to do it?\"<h2 style=\"text-align: start;\">The open source AI track is getting more and more competitive</h2><p style=\"text-align: justify;\">Meta is already facing competition in the open source AI race.</p><p><p style=\"text-align: justify;\">The Institute of Technology Innovation in Abu Dhabi, UAE recently released Falcon, a powerful new set of open source models that have begun to gain popularity among open source AI developers.</p><p><p style=\"text-align: justify;\">It was previously reported that,<strong>If OpenAI releases a new open-source big language model as planned internally, it could shake up the industry even further.</strong>OpenAI is said to have discussed using large language models for commercial use. However, this model is unlikely to be as good as OpenAI's state-of-the-art proprietary large language model, GPT-4.</p><p><p style=\"text-align: justify;\"><strong>But as Meta considers commercializing the next version of LLaMA, the company could face potential legal action if it is found to have trained the software using copyrighted material.</strong></p><p><p style=\"text-align: justify;\">Citing former employees familiar with the matter, the Information revealed that Meta had been grappling with legal issues before releasing the first version of LLaMA. At the time, employees from the company's legal, product, and privacy teams discussed extensively how to license LLaMA to developers. Last month, Meta's chief AI scientist Yann LeCun was asked why Meta hasn't released a commercial version of LLaMA so far. 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Zuckerberg wants to \"counterattack\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-06-18 10:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Author: Wang Mei</p><p><p style=\"text-align: justify;\">In order to further open the \"AI Android moment\", it is reported that Meta is studying how to make its open source large language model available for commercial use to allow developers to commercialize and make money.</p><p><p style=\"text-align: justify;\">Meta CEO Mark Zuckerberg and his lieutenants hope other companies will be free to use and profit from new AI software that Meta is developing, the Information reported Thursday. For developers and businesses that are increasingly adopting AI, the decision could have significant implications.</p><p><h2 style=\"text-align: start;\">The commercial version of LLaMA could spur more use</h2><p style=\"text-align: justify;\">Citing people familiar with the matter, the report revealed that Meta is working on how to make the next version of its open-source Large Language Model (LLM), a technology that could power chatbots like ChatGPT, available for commercial use. The move could spark a frenzy among AI developers eager to find alternatives to proprietary software sold by rivals Google and OpenAI. This will also indirectly benefit Meta's own AI development.</p><p><p style=\"text-align: justify;\">In February this year, Meta released the first version of its open source large language model (LLM), namely Meta AI (LLaMA), which can help researchers develop alternatives to proprietary AI software at low cost, thus causing an uproar in the AI field.</p><p><p style=\"text-align: justify;\">LLaMA, while only authorized for research use, has taken the industry by storm. Researchers have used it to develop open-source LLMs such as Vicuna, whose functionality is claimed to have approached proprietary versions on some metrics. While proprietary AI software has become a major revenue source for OpenAI, the creator of ChatGPT.</p><p><p style=\"text-align: justify;\">Meta will benefit from releasing open source AI models. Meta CEO Zuckerberg said in an April conference call with equity analysts that as developers adopt and improve these models or patch their security vulnerabilities, Meta will be able to integrate these improvements into its own AI models for consumer and advertising products.</p><p><p style=\"text-align: justify;\">But,<strong>Since Meta chose to release LLaMA under research license, the open-source large language model spawned so far cannot be used for commercial purposes, which limits its promotion and replication in commercial applications.</strong></p><p><p style=\"text-align: justify;\">The commercial version of LLaMA may spur the software to be used more, although many hurdles remain. These obstacles include gaining access to dedicated servers, which have been in short supply, and the high cost of running such servers compared to typical computing tasks.</p><p><p style=\"text-align: justify;\">On The podcast \"The Lex Fridman,\" Zuckerberg referred to The internal debate over how to license The second version of LLaMA, saying:</p><p>\"We did the research authorization for the first version of LLaMA, and I think what we need to consider most now is, what is the right way to do it?\"<h2 style=\"text-align: start;\">The open source AI track is getting more and more competitive</h2><p style=\"text-align: justify;\">Meta is already facing competition in the open source AI race.</p><p><p style=\"text-align: justify;\">The Institute of Technology Innovation in Abu Dhabi, UAE recently released Falcon, a powerful new set of open source models that have begun to gain popularity among open source AI developers.</p><p><p style=\"text-align: justify;\">It was previously reported that,<strong>If OpenAI releases a new open-source big language model as planned internally, it could shake up the industry even further.</strong>OpenAI is said to have discussed using large language models for commercial use. However, this model is unlikely to be as good as OpenAI's state-of-the-art proprietary large language model, GPT-4.</p><p><p style=\"text-align: justify;\"><strong>But as Meta considers commercializing the next version of LLaMA, the company could face potential legal action if it is found to have trained the software using copyrighted material.</strong></p><p><p style=\"text-align: justify;\">Citing former employees familiar with the matter, the Information revealed that Meta had been grappling with legal issues before releasing the first version of LLaMA. At the time, employees from the company's legal, product, and privacy teams discussed extensively how to license LLaMA to developers. Last month, Meta's chief AI scientist Yann LeCun was asked why Meta hasn't released a commercial version of LLaMA so far. LeCun replied:</p><p>\"Because (1) I'm not the only one involved in such decisions; and (2) there are legal liability issues involved.\"<p style=\"text-align: justify;\">He gave no detailed instructions.</p><p><p style=\"text-align: justify;\">Reports emerged Wednesday that Google researchers are trying to steer clear of copyrighted material such as Hollywood movies, using YouTube videos and other resources to train the company's next-generation proprietary big language models. Previously, many news publishers were concerned that Google might use the material on their website to train the proprietary large language model, which is currently powering Google's chatbot, Bard.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3691354\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/be0a7977ae6f278c03acf472c2e8a920","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://wallstreetcn.com/articles/3691354","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1188548178","content_text":"作者：王眉为了进一步开启“AI安卓时刻”，报道称Meta正在研究如何使其开源大语言模型可供商业使用，以允许开发者商用化赚钱。据the Information周四报道，Meta CEO马克·扎克伯格和他的副手们希望其他公司可以自由使用Meta正在开发的人工智能新软件，并能从中获利。对于那些越来越多地采用人工智能的开发者和企业来说，这个决定可能产生重大影响。LLaMA的商用版本可能会刺激更多的使用报道援引知情人士透露，Meta正在研究如何使其开源大语言模型(LLM)的下一个版本可供商业使用，该技术可以为ChatGPT等聊天机器人提供支持。此举能会引发AI开发者的狂热，他们渴望找到替代竞争对手谷歌和OpenAI销售的专有软件的产品。这也将间接有利于Meta自身的AI开发。今年2月，Meta发布了其开源大语言模型（LLM）的第一个版本，即Meta AI（LLaMA），该模型能帮助研究人员低成本开发专有AI软件的替代品，从而在AI领域掀起了轩然大波。LLaMA虽然只被授权用于研究用途，但却席卷了整个行业。研究人员用它开发了Vicuna等开源LLM，据称其功能在某些指标上已经接近专有版本。而专有AI软件已成为ChatGPT创建者OpenAI的主要收入来源。Meta将从发布开源AI模型中获益。Meta CEO扎克伯格在4月份与股票分析师的电话会议上表示，随着开发人员采用和改进这些模型或修补其安全漏洞，Meta将能够把这些改进整合到自己的消费和广告产品的AI模型中。不过，由于Meta选择在研究许可下发布LLaMA，因此迄今为止催生的开源大语言模型不能用于商业目的，这限制了它在商业应用中的推广和复制。LLaMA的商用版本可能会刺激该软件被更多地使用，尽管仍然存在许多障碍。这些障碍包括获得专用服务器的访问权，这些服务器一直供不应求，以及与典型的计算任务相比，运行此类服务器的成本很高。在播客“The Lex Fridman” 中，扎克伯格提到了关于如何授权LLaMA第二版本的内部争论，他说：“我们为第一个版本的LLaMA做了研究授权，我认为现在我们最需要考虑的是，什么是正确的方式？”开源AI赛道竞争越来越激烈Meta已经在开源人工智能竞赛中面临竞争。阿联酋阿布扎比技术创新研究所最近发布了Falcon，这是一套功能强大的新开源模型，已经开始受到开源AI开发者的青睐。此前报道称，如果OpenAI按照内部计划发布新的开源大语言模型，它可能会进一步撼动该行业。据称OpenAI已经讨论过将大语言模型用于商业用途。然而，这种模型不太可能像OpenAI最先进的专有大语言模型GPT-4那样好。但在Meta考虑将下一个版本的LLaMA商业化的过程中，如果被发现使用受版权保护的材料训练该软件，该公司可能会面临潜在的法律诉讼。the Information援引知情的前员工透露，在发布第一版LLaMA之前，Meta一直在努力解决法律问题。当时，公司法律、产品和隐私团队的员工广泛讨论了如何将LLaMA授权给开发者。上个月，Meta首席AI科学家Yann LeCun被问及为什么Meta到目前为止还没有发布LLaMA的商业版本。LeCun回复称：“因为(1)我不是唯一参与此类决策的人；(2)这涉及法律责任问题。”他没有给出详细说明。周三有报道称，谷歌的研究人员正在试图避开好莱坞电影等受版权保护的材料，利用YouTube视频和其他资源来训练该公司的下一代专有大语言模型。此前，许多新闻出版商担心谷歌可能使用他们网站上的材料来训练专有大语言模型，该模型目前正在为谷歌的聊天机器人Bard提供支持。","news_type":1,"symbols_score_info":{"META":0.9}},"isVote":1,"tweetType":1,"viewCount":3963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188689956933752,"gmtCreate":1687092404967,"gmtModify":1687092408917,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188689956933752","repostId":"1129305995","repostType":2,"isVote":1,"tweetType":1,"viewCount":3825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970507158,"gmtCreate":1684567013075,"gmtModify":1684567016459,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970507158","repostId":"1134825236","repostType":2,"repost":{"id":"1134825236","kind":"news","pubTimestamp":1684547417,"share":"https://ttm.financial/m/news/1134825236?lang=en_US&edition=fundamental","pubTime":"2023-05-20 09:50","market":"sh","language":"zh","title":"\"Extreme Game\"! U.S. debt ceiling talks 'end to no avail' on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1134825236","media":"华尔街见闻","summary":"美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束，双方均未提及任何进展，也没有安排进一步的会议。据报道，债务上限僵局集中在2024年的支出水平上。据路透报道，美国白宫与共和党谈判代表周五","content":"<p><html><head></head><body>The second meeting between the White House and Republican negotiators on raising the debt ceiling ended Friday with neither side mentioning any progress or scheduling further meetings. The debt ceiling impasse is reportedly focused on spending levels in 2024.<p style=\"text-align: justify;\">The second meeting between the White House and Republican negotiators on raising the debt ceiling ended Friday with neither side mentioning any progress or scheduling further meetings, Reuters reported.</p><p><p style=\"text-align: justify;\">Republican Rep. garrett Graves told reporters after a brief meeting with White House officials at the Capitol:</p><p>\"We had a very, very candid discussion about where we are and how things need to go.\"<p style=\"text-align: justify;\">\"Tonight is not a negotiation,\" Graves said, adding,<strong>The time for the next meeting has not been set.</strong></p><p><p style=\"text-align: justify;\"><strong>He echoed the statement of House Speaker McCarthy, the leader of the US Republican Party, that progress needs to be made on changing the \"trajectory\" of the rapidly rising US government deficit spending and debt.</strong></p><p><p style=\"text-align: justify;\">\"We have to spend less than we did last year,\" McCarthy said.</p><p><p style=\"text-align: justify;\">Another Republican negotiator, Rep. Patrick McHenry, said McCarthy will be briefed on the progress of the negotiations.</p><p><p style=\"text-align: justify;\"><strong>Neither councillor mentioned any progress.</strong></p><p><p style=\"text-align: justify;\">At the first meeting Friday morning, McCarthy's debt ceiling negotiators abruptly left shortly after a closed-door meeting with White House representatives began.</p><p><p style=\"text-align: justify;\">The news rocked financial markets as the debt ceiling deadline approached.</p><p><h2>Focus controversy: Spending levels in 2024</h2><p style=\"text-align: justify;\">Republicans are pushing for deep spending cuts in exchange for higher caps.</p><p><p style=\"text-align: justify;\">The debt ceiling stalemate centers on spending levels in 2024.</p><p><p style=\"text-align: justify;\">According to a previous report by media outlet Axios, Democratic Rep. Dusty Johnson said:</p><p><p style=\"text-align: justify;\">\"The White House wants to continue to spend more money, and as long as that's their position, there's no way a deal can be reached.\"</p><p><p style=\"text-align: justify;\">Johnson said McCarthy \"stuck with\" the GOP demand to limit discretionary spending to 2022 levels.</p><p></body></html></p>","source":"wallstreetcn_api","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>\"Extreme Game\"! U.S. debt ceiling talks 'end to no avail' on Friday</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: 12.5px; color: #7E829C; margin: 0;}\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\">\n\"Extreme Game\"! U.S. debt ceiling talks 'end to no avail' on Friday\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-05-20 09:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The second meeting between the White House and Republican negotiators on raising the debt ceiling ended Friday with neither side mentioning any progress or scheduling further meetings. The debt ceiling impasse is reportedly focused on spending levels in 2024.<p style=\"text-align: justify;\">The second meeting between the White House and Republican negotiators on raising the debt ceiling ended Friday with neither side mentioning any progress or scheduling further meetings, Reuters reported.</p><p><p style=\"text-align: justify;\">Republican Rep. garrett Graves told reporters after a brief meeting with White House officials at the Capitol:</p><p>\"We had a very, very candid discussion about where we are and how things need to go.\"<p style=\"text-align: justify;\">\"Tonight is not a negotiation,\" Graves said, adding,<strong>The time for the next meeting has not been set.</strong></p><p><p style=\"text-align: justify;\"><strong>He echoed the statement of House Speaker McCarthy, the leader of the US Republican Party, that progress needs to be made on changing the \"trajectory\" of the rapidly rising US government deficit spending and debt.</strong></p><p><p style=\"text-align: justify;\">\"We have to spend less than we did last year,\" McCarthy said.</p><p><p style=\"text-align: justify;\">Another Republican negotiator, Rep. Patrick McHenry, said McCarthy will be briefed on the progress of the negotiations.</p><p><p style=\"text-align: justify;\"><strong>Neither councillor mentioned any progress.</strong></p><p><p style=\"text-align: justify;\">At the first meeting Friday morning, McCarthy's debt ceiling negotiators abruptly left shortly after a closed-door meeting with White House representatives began.</p><p><p style=\"text-align: justify;\">The news rocked financial markets as the debt ceiling deadline approached.</p><p><h2>Focus controversy: Spending levels in 2024</h2><p style=\"text-align: justify;\">Republicans are pushing for deep spending cuts in exchange for higher caps.</p><p><p style=\"text-align: justify;\">The debt ceiling stalemate centers on spending levels in 2024.</p><p><p style=\"text-align: justify;\">According to a previous report by media outlet Axios, Democratic Rep. Dusty Johnson said:</p><p><p style=\"text-align: justify;\">\"The White House wants to continue to spend more money, and as long as that's their position, there's no way a deal can be reached.\"</p><p><p style=\"text-align: justify;\">Johnson said McCarthy \"stuck with\" the GOP demand to limit discretionary spending to 2022 levels.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3689223\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/92ece06f0d5f47ced3643ec6cfcc433e","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3689223","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134825236","content_text":"美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束，双方均未提及任何进展，也没有安排进一步的会议。据报道，债务上限僵局集中在2024年的支出水平上。据路透报道，美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束，双方均未提及任何进展，也没有安排进一步的会议。共和党众议员格雷夫斯(garrett Graves)在国会大厦与白宫官员举行简短会晤后对记者说：“我们进行了非常、非常坦诚的讨论，讨论了我们的现状，讨论了事情需要如何发展。”“今晚不是一次谈判，”格雷夫斯说，并补充说，下一次会议的时间尚未确定。他赞同美国共和党领袖、众议院议长麦卡锡的说法，即需要在改变美国政府赤字支出和债务迅速上升的“轨迹”方面取得进展。麦卡锡说：“我们的支出必须比去年少。”另一位共和党谈判代表、众议员Patrick McHenry说，麦卡锡将听取有关谈判进展的简报。两位议员都没有提到任何进展。在周五早上的第一次会议上，麦卡锡的债务上限谈判代表与白宫代表的闭门会议开始后不久便突然离开。随着债务上限最后期限的临近，这一消息震动了金融市场。焦点争议：2024年的支出水平共和党人正在推动大幅削减开支，以换取提高上限。债务上限僵局集中在2024年的支出水平上。据媒体Axios此前报道，民主党众议员Dusty Johnson表示：“白宫想继续花更多的钱，只要这是他们的立场，就不可能达成协议。”Johnson说，麦卡锡“坚持”共和党要求将可自由支配的支出限制在2022年的水平。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970228071,"gmtCreate":1684496641593,"gmtModify":1684496648685,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970228071","repostId":"2336951950","repostType":2,"isVote":1,"tweetType":1,"viewCount":3202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970370287,"gmtCreate":1684079067950,"gmtModify":1684079071110,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970370287","repostId":"1154230640","repostType":2,"isVote":1,"tweetType":1,"viewCount":4256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947266493,"gmtCreate":1683201340312,"gmtModify":1683201343843,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947266493","repostId":"1185922715","repostType":2,"repost":{"id":"1185922715","kind":"news","pubTimestamp":1683200165,"share":"https://ttm.financial/m/news/1185922715?lang=en_US&edition=fundamental","pubTime":"2023-05-04 19:36","market":"us","language":"zh","title":"Not by \"moat\" alone! Buffett also has a big investment \"trick\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1185922715","media":"华尔街见闻","summary":"巴菲特投资的大多数公司都派息，预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。一年一度的“投资界春晚”、伯克希尔·哈撒韦股东会将在周六召开，这时候，普通投资者又会抛出灵魂一问：巴菲特","content":"<p><html><head></head><body><strong>Most of the companies Buffett invests in pay dividends, and Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong><p style=\"text-align: justify;\">The annual \"Investment Spring Festival Gala\" and Berkshire Hathaway shareholders' meeting will be held on Saturday. At this time, ordinary investors will ask their soul again:</p><p><p style=\"text-align: justify;\">Why is Buffett's stock picking so successful?</p><p><p style=\"text-align: justify;\">To this question, the Wall Street Journal has summarized two answers.</p><p><p style=\"text-align: justify;\">According to the newspaper's article published Wednesday, one answer is unknown, namely Buffett's masterful ability to pick quality companies, and the other is far less remarkable-favouring dividend-paying stocks.</p><p><p style=\"text-align: justify;\">Notice,<strong>Most of the companies Buffett invests in pay dividends.</strong></p><p><p style=\"text-align: justify;\">According to an analysis of the company's announcements by Dow Jones Market Data,<strong>Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong></p><p><p style=\"text-align: justify;\">Nearly a fifth of that will come from Chevron, one of Berkshire's largest holdings,<strong>Chevron has increased its payout for 36 consecutive years.</strong></p><p><p style=\"text-align: justify;\">In addition, Dow Jones market data shows that Berkshire will receive more than $700 million each from Coca-Cola, Apple and Bank of America, more than $500 million from Kraft Heinz and about $363 million from American Express.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fa8ab5d9e43dc821c224f2bc8d3a57b\" tg-width=\"554\" tg-height=\"439\"/></p><p><p style=\"text-align: justify;\"><strong>\"That's what he likes: dividends and buybacks,\"</strong>Todd Finkle, a professor of entrepreneurship at Gonzaga University, said Finkle wrote a book about Buffett's career.</p><p><p style=\"text-align: justify;\">Buffet's adept at picking companies that have stood the test of time and improved their Dividend in many economic cycles, Finkle said. Over time, this both increases the value of Berkshire's equity portfolio and expands the company's ample cash reserves that can be used for its own business, as well as for acquisitions and share buybacks.</p><p><p style=\"text-align: justify;\">According to Berkshire's most recent earnings report, the company ended 2022 with $128.6 billion in cash and cash equivalents.</p><p><p style=\"text-align: justify;\">Finkle said favoring dividend-paying stocks was not Buffett's \"secret weapon\", but it was part of it.</p><p><p style=\"text-align: justify;\">Take Buffett's favorite Coca-Cola, for example.</p><p><p style=\"text-align: justify;\">In 1994, Berkshire Hathaway paid $1.3 billion for about 400 million shares of Coca-Cola it currently holds, and received $75 million in cash Dividend that year.</p><p><p style=\"text-align: justify;\"><strong>That nearly tenfolded to $704 million in 2022, while the market value of Berkshire's stake in Coca-Cola has soared to $25 billion.</strong></p><p><p style=\"text-align: justify;\">In his annual letter to shareholders released earlier this year,<strong>Dividend grows every year and is as certain as a birthday.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his shareholder letter:</p><p>All Charlie (Munger) and I had to do was cash Coca-Cola's quarterly Dividend check.<p style=\"text-align: justify;\">Buffet and Munger expect that Coca-Cola will continue to improve its Dividend in the future. Coca-Cola said in February that it had approved a 61st consecutive increase in its annual Dividend.</p><p><p style=\"text-align: justify;\">That is to say, according to Finkle, Buffett's \"secret weapon\" of stock picking is actually \"picking high-quality companies + dividend-paying stocks\".</p><p><p style=\"text-align: justify;\">The use of this \"secret weapon\" on American Express has achieved similar returns for Berkshire.</p><p><p style=\"text-align: justify;\">Berkshire completed the vast majority of its $1.3 billion purchase of American Express shares in 1995, and received $41 million in Dividend that year.</p><p><p style=\"text-align: justify;\">Last year, Berkshire's stake in American Express was worth $22 billion, and it received $302 million in Dividend from the latter.</p><p><p style=\"text-align: justify;\">\"These Dividend gains, while satisfactory, are far from phenomenal,\" Buffet said in his letter. \"But what's important is that they've brought the share price up.\"</p><p><p style=\"text-align: justify;\">Generally speaking, investors tend to reinvest dividends into original stocks, but Berkshire has not reinvested dividends from Coca-Cola and American Express into these two stocks, and the higher shareholding ratio is due to the companies' share buybacks over the years.</p><p><p style=\"text-align: justify;\">In fact,<strong>Berkshire hasn't overweighed Coca-Cola and American Express shares since the 1990s, and some speculate that may be because he hates overpaying for investments.</strong></p><p><p style=\"text-align: justify;\">In a 1983 letter to Berkshire shareholders, Buffett said:</p><p>For investors, buying shares in an excellent company at an exorbitant price could offset the impact of the ensuing decade of favorable business development.<p style=\"text-align: justify;\">It is worth noting that Dividend, while able to provide steady income like bonds, still carries risks.</p><p><p style=\"text-align: justify;\">For example, if a company has a tight cash flow, it can cut or even suspend its dividend payments, and the suspension tends to cause the stock price to fall because investors often see it as a sign of a major financial crisis. Separately, when investors choose more expensive growth stocks, their Dividend also tend to underperform.</p><p></body></html></p>","source":"wallstreetcn","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>Not by \"moat\" alone! Buffett also has a big investment \"trick\"</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNot by \"moat\" alone! Buffett also has a big investment \"trick\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-05-04 19:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>Most of the companies Buffett invests in pay dividends, and Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong><p style=\"text-align: justify;\">The annual \"Investment Spring Festival Gala\" and Berkshire Hathaway shareholders' meeting will be held on Saturday. At this time, ordinary investors will ask their soul again:</p><p><p style=\"text-align: justify;\">Why is Buffett's stock picking so successful?</p><p><p style=\"text-align: justify;\">To this question, the Wall Street Journal has summarized two answers.</p><p><p style=\"text-align: justify;\">According to the newspaper's article published Wednesday, one answer is unknown, namely Buffett's masterful ability to pick quality companies, and the other is far less remarkable-favouring dividend-paying stocks.</p><p><p style=\"text-align: justify;\">Notice,<strong>Most of the companies Buffett invests in pay dividends.</strong></p><p><p style=\"text-align: justify;\">According to an analysis of the company's announcements by Dow Jones Market Data,<strong>Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong></p><p><p style=\"text-align: justify;\">Nearly a fifth of that will come from Chevron, one of Berkshire's largest holdings,<strong>Chevron has increased its payout for 36 consecutive years.</strong></p><p><p style=\"text-align: justify;\">In addition, Dow Jones market data shows that Berkshire will receive more than $700 million each from Coca-Cola, Apple and Bank of America, more than $500 million from Kraft Heinz and about $363 million from American Express.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fa8ab5d9e43dc821c224f2bc8d3a57b\" tg-width=\"554\" tg-height=\"439\"/></p><p><p style=\"text-align: justify;\"><strong>\"That's what he likes: dividends and buybacks,\"</strong>Todd Finkle, a professor of entrepreneurship at Gonzaga University, said Finkle wrote a book about Buffett's career.</p><p><p style=\"text-align: justify;\">Buffet's adept at picking companies that have stood the test of time and improved their Dividend in many economic cycles, Finkle said. Over time, this both increases the value of Berkshire's equity portfolio and expands the company's ample cash reserves that can be used for its own business, as well as for acquisitions and share buybacks.</p><p><p style=\"text-align: justify;\">According to Berkshire's most recent earnings report, the company ended 2022 with $128.6 billion in cash and cash equivalents.</p><p><p style=\"text-align: justify;\">Finkle said favoring dividend-paying stocks was not Buffett's \"secret weapon\", but it was part of it.</p><p><p style=\"text-align: justify;\">Take Buffett's favorite Coca-Cola, for example.</p><p><p style=\"text-align: justify;\">In 1994, Berkshire Hathaway paid $1.3 billion for about 400 million shares of Coca-Cola it currently holds, and received $75 million in cash Dividend that year.</p><p><p style=\"text-align: justify;\"><strong>That nearly tenfolded to $704 million in 2022, while the market value of Berkshire's stake in Coca-Cola has soared to $25 billion.</strong></p><p><p style=\"text-align: justify;\">In his annual letter to shareholders released earlier this year,<strong>Dividend grows every year and is as certain as a birthday.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his shareholder letter:</p><p>All Charlie (Munger) and I had to do was cash Coca-Cola's quarterly Dividend check.<p style=\"text-align: justify;\">Buffet and Munger expect that Coca-Cola will continue to improve its Dividend in the future. Coca-Cola said in February that it had approved a 61st consecutive increase in its annual Dividend.</p><p><p style=\"text-align: justify;\">That is to say, according to Finkle, Buffett's \"secret weapon\" of stock picking is actually \"picking high-quality companies + dividend-paying stocks\".</p><p><p style=\"text-align: justify;\">The use of this \"secret weapon\" on American Express has achieved similar returns for Berkshire.</p><p><p style=\"text-align: justify;\">Berkshire completed the vast majority of its $1.3 billion purchase of American Express shares in 1995, and received $41 million in Dividend that year.</p><p><p style=\"text-align: justify;\">Last year, Berkshire's stake in American Express was worth $22 billion, and it received $302 million in Dividend from the latter.</p><p><p style=\"text-align: justify;\">\"These Dividend gains, while satisfactory, are far from phenomenal,\" Buffet said in his letter. \"But what's important is that they've brought the share price up.\"</p><p><p style=\"text-align: justify;\">Generally speaking, investors tend to reinvest dividends into original stocks, but Berkshire has not reinvested dividends from Coca-Cola and American Express into these two stocks, and the higher shareholding ratio is due to the companies' share buybacks over the years.</p><p><p style=\"text-align: justify;\">In fact,<strong>Berkshire hasn't overweighed Coca-Cola and American Express shares since the 1990s, and some speculate that may be because he hates overpaying for investments.</strong></p><p><p style=\"text-align: justify;\">In a 1983 letter to Berkshire shareholders, Buffett said:</p><p>For investors, buying shares in an excellent company at an exorbitant price could offset the impact of the ensuing decade of favorable business development.<p style=\"text-align: justify;\">It is worth noting that Dividend, while able to provide steady income like bonds, still carries risks.</p><p><p style=\"text-align: justify;\">For example, if a company has a tight cash flow, it can cut or even suspend its dividend payments, and the suspension tends to cause the stock price to fall because investors often see it as a sign of a major financial crisis. Separately, when investors choose more expensive growth stocks, their Dividend also tend to underperform.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3687974\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f3ecc14db02762fcb82cdbb76e654301","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://wallstreetcn.com/articles/3687974","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185922715","content_text":"巴菲特投资的大多数公司都派息，预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。一年一度的“投资界春晚”、伯克希尔·哈撒韦股东会将在周六召开，这时候，普通投资者又会抛出灵魂一问：巴菲特的选股为什么会如此成功？对于这个问题，《华尔街日报》总结了两个答案。根据该报周三发布的文章，其中一个答案无人不晓，即巴菲特出神入化的挑选优质公司的能力，另外一个则不起眼得多——青睐派息股。注意，巴菲特投资的大多数公司都派息。根据Dow Jones Market Data对公司公告的分析，预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。其中近五分之一将来自伯克希尔最大持股之一的雪佛龙，雪佛龙已连续36年增加派息。另外，道琼斯市场数据显示，伯克希尔还将从可口可乐、苹果和美国银行各拿到逾7亿美元，从卡夫亨氏公司拿到逾5亿美元，从美国运通公司拿到约3.63亿美元。 “这就是他喜欢的：派息和回购，”贡萨加大学创业学教授Todd Finkle说，Finkle曾写过一本关于巴菲特职业生涯的书。Finkle说，巴菲特擅长挑选在许多经济周期中经受住时间考验并提高股息的公司。随着时间推移，这既增加了伯克希尔股票投资组合的价值，也扩大了公司能够用于自身业务以及收购和股票回购的充足现金储备。根据伯克希尔最近的财报，公司到2022年年底拥有1286亿美元的现金和现金等价物。Finkle表示，青睐派息股并非巴菲特的“秘密武器”，但确是其中一部分。拿巴菲特最爱的可口可乐举例。1994年，伯克希尔·哈撒韦以13亿美元买入其目前持有的大约4亿股可口可乐股份，当年就获得了7500万美元的现金股息。2022年，这一数字翻了近十倍至7.04亿美元，而伯克希尔持有的可口可乐股份市值也已飙升至250亿美元。巴菲特在今年早些时候发布的年度致股东信中称，股息每年都会增长，就像生日一样确定无疑。巴菲特在股东信中表示：我和查理（芒格）要做的只是兑现可口可乐的季度股息支票。巴菲特和芒格预计，可口可乐未来将继续提高股息。可口可乐2月份表示，已批准连续第61次提高年度股息。也就是说，按照Finkle的说法，巴菲特选股的“秘密武器”其实是“挑选优质公司+派息股”。该“秘密武器”用在美国运通公司身上也为伯克希尔实现了类似的回报。伯克希尔1995年完成了以13亿美元买入美国运通股份的绝大部分交易，并在当年获得了4100万美元的股息。去年，伯克希尔所持美国运通股份价值为220亿美元，并从后者获得了3.02亿美元的股息。“这些股息收益固然令人满意，却远谈不上惊人，”巴菲特在他的信中表示。“但重要的是它们带来了股价的上涨。”一般来说，投资者倾向于将分红重新投资到原股票上，但伯克希尔并没有将可口可乐和美国运通的分红重新投资到这两只股票中，持股比例升高则是因为两家公司多年以来的股票回购。事实上，伯克希尔自1990年代以来就没有加码可口可乐和美国运通股票，有人推测，这可能是因为他讨厌为投资支付过高的价格。巴菲特在1983年写给伯克希尔股东的信中说：对于投资者来说，以过高的价格购买一家优秀公司的股票，可能会抵消随后十年有利的业务发展所产生的影响。值得注意的是，股息虽然能够像债券一样提供稳定的收入，但仍存在风险。比如，如果一家公司现金流紧张，它可以削减甚至是暂停派息，而暂停派息又往往会导致股价下跌，因为投资者经常其视为公司出现重大财务危机的信号。另外，当投资者选择较昂贵的成长股时，其股息也往往表现不佳。","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":3658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947646482,"gmtCreate":1683116985947,"gmtModify":1683116989520,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947646482","repostId":"2332140299","repostType":2,"repost":{"id":"2332140299","kind":"highlight","pubTimestamp":1683108262,"share":"https://ttm.financial/m/news/2332140299?lang=en_US&edition=fundamental","pubTime":"2023-05-03 18:04","market":"us","language":"zh","title":"Morgan Stanley and UBS prefer bonds over stocks, with recession threat as the main cause","url":"https://stock-news.laohu8.com/highlight/detail?id=2332140299","media":"环球市场播报","summary":"经济衰退的威胁正使债券成为较安全的投资，而股市尚未反映这些风险。这是从摩根大通到瑞银和摩根士丹利一些基金经理和策略师的观点，他们现在更偏好固定收益工具而非股票。他们所持的论点是：债券（尤其是评级较高的","content":"<p><html><head></head><body>The threat of a recession is making bonds a safer investment, and the stock market has yet to reflect those risks.</p><p>This is from<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>To UBS and<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>The view of some fund managers and strategists, who now prefer fixed income instruments over stocks. Their argument is that bonds (especially higher-rated ones) will be better able to withstand any economic slowdown; If the Fed fails to achieve a soft landing, stocks will hurt more heavily.</p><p>Their idea is supported by data. First, the difference between the yield of high-grade US dollar bonds and the Dividend yield of MSCI ACWI index companies. That gap has widened by nearly 90 basis points over the past year and is approaching its peak in March, the highest level since the 2008 global financial crisis. Buying bonds now can provide investors with additional gains and capital gains if interest rates drop.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d5d14ab5c5bafdc2f9e71b715f7e0e0\" tg-width=\"550\" tg-height=\"507\"/></p><p>Stocks fell after Tuesday's sell-off of regional U.S. banks reignited anxiety about financial stability, putting risks in the spotlight. Funds seeking safe havens boosted bonds. The two-year U.S. Treasury Bond yield, which is extremely sensitive to the Fed's actions, once plunged 21 basis points to below 4%.</p><p>Year-to-date returns for global equities have thus fallen to about 7%, and investment-grade bonds are at 3.3%. The stock valuation remains above its 12-month average, making it too expensive for some investors.</p><p>Tai Hui, chief Asia market strategist at JPMorgan Asset Management, said he firmly believes the overall opportunity remains in favor of fixed income right now. U.S. valuations are still not particularly cheap for stocks, and he thinks earnings estimates are still overly bullish.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/523aa7110596d415a3c9ba0dc8d86e10\" tg-width=\"550\" tg-height=\"507\"/></p><p>Of course, in a volatile market, corporate bonds are also at risk. If lingering inflation keeps interest rates high, that could lead to a recession, and more companies will fail as a result. A slowdown could also add pressure to the global junk-bond market, which is more sensitive to the risk of default.</p><p>Looking at the broader macro outlook, some observers currently prefer bonds overall.</p><p>The P/E of MSCI ACWI components, which is calculated using estimated profits over the next 12 months as the denominator, has risen to about 15.8 times from 13.4 times at the end of September. According to the survey, economists put a 65% chance of the U.S. falling into a recession in the next 12 months, compared with 25% in the same period last year.</p><p>Meanwhile, net short positions in S&P 500 futures rose to more than a decade highs, signaling strong expectations for lower shares.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcd54d8c30f629b0efe851fbb67e4edf\" tg-width=\"550\" tg-height=\"507\"/></p><p>UBS has upgraded bonds to its most preferred asset class and downgraded equities to its least preferred asset class, according to Hartmut Issel, head of equity and credit for Asia Pacific at UBS Global Wealth Management.</p><p></body></html></p>","source":"highlight_sina","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>Morgan Stanley and UBS prefer bonds over stocks, with recession threat as the main cause</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMorgan Stanley and UBS prefer bonds over stocks, with recession threat as the main cause\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">环球市场播报</strong><span class=\"h-time small\">2023-05-03 18:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The threat of a recession is making bonds a safer investment, and the stock market has yet to reflect those risks.</p><p>This is from<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>To UBS and<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>The view of some fund managers and strategists, who now prefer fixed income instruments over stocks. Their argument is that bonds (especially higher-rated ones) will be better able to withstand any economic slowdown; If the Fed fails to achieve a soft landing, stocks will hurt more heavily.</p><p>Their idea is supported by data. First, the difference between the yield of high-grade US dollar bonds and the Dividend yield of MSCI ACWI index companies. That gap has widened by nearly 90 basis points over the past year and is approaching its peak in March, the highest level since the 2008 global financial crisis. Buying bonds now can provide investors with additional gains and capital gains if interest rates drop.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d5d14ab5c5bafdc2f9e71b715f7e0e0\" tg-width=\"550\" tg-height=\"507\"/></p><p>Stocks fell after Tuesday's sell-off of regional U.S. banks reignited anxiety about financial stability, putting risks in the spotlight. Funds seeking safe havens boosted bonds. The two-year U.S. Treasury Bond yield, which is extremely sensitive to the Fed's actions, once plunged 21 basis points to below 4%.</p><p>Year-to-date returns for global equities have thus fallen to about 7%, and investment-grade bonds are at 3.3%. The stock valuation remains above its 12-month average, making it too expensive for some investors.</p><p>Tai Hui, chief Asia market strategist at JPMorgan Asset Management, said he firmly believes the overall opportunity remains in favor of fixed income right now. U.S. valuations are still not particularly cheap for stocks, and he thinks earnings estimates are still overly bullish.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/523aa7110596d415a3c9ba0dc8d86e10\" tg-width=\"550\" tg-height=\"507\"/></p><p>Of course, in a volatile market, corporate bonds are also at risk. If lingering inflation keeps interest rates high, that could lead to a recession, and more companies will fail as a result. A slowdown could also add pressure to the global junk-bond market, which is more sensitive to the risk of default.</p><p>Looking at the broader macro outlook, some observers currently prefer bonds overall.</p><p>The P/E of MSCI ACWI components, which is calculated using estimated profits over the next 12 months as the denominator, has risen to about 15.8 times from 13.4 times at the end of September. According to the survey, economists put a 65% chance of the U.S. falling into a recession in the next 12 months, compared with 25% in the same period last year.</p><p>Meanwhile, net short positions in S&P 500 futures rose to more than a decade highs, signaling strong expectations for lower shares.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcd54d8c30f629b0efe851fbb67e4edf\" tg-width=\"550\" tg-height=\"507\"/></p><p>UBS has upgraded bonds to its most preferred asset class and downgraded equities to its least preferred asset class, according to Hartmut Issel, head of equity and credit for Asia Pacific at UBS Global Wealth Management.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2023-05-03/doc-imysniyz3979244.shtml\">环球市场播报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2023-05-03/doc-imysniyz3979244.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2332140299","content_text":"经济衰退的威胁正使债券成为较安全的投资，而股市尚未反映这些风险。这是从摩根大通到瑞银和摩根士丹利一些基金经理和策略师的观点，他们现在更偏好固定收益工具而非股票。他们所持的论点是：债券（尤其是评级较高的债券）将能更好地抵御任何经济放缓；如果美联储未能实现软着陆，股票受伤会较重。他们这个想法是受到数据支持的。一是高级别美元债券收益率与MSCI ACWI指数成分企业的股息收益率之差。这个差距在过去一年扩大近90个基点，并接近3月份的峰值，这是自2008年全球金融危机以来的最高水平。现在购买债券可以为投资者提供额外的收益，如果利率下降，他们还有资本利得。周二美国区域性银行遭到抛售，再度引爆对金融稳定的焦虑，股市的风险成为关注焦点，股市下跌。资金寻求避险下，提振了债券。两年期美国国债收益率一度暴跌21个基点至4%以下，该国债收益率对美联储动作极为敏感。全球股市今年迄今的回报率因而降至约7%，投资级别债券为3.3%。股票估值仍高于其12个月的平均水平，对一些投资者来说股价太贵。摩根资产管理首席亚洲市场策略师Tai Hui表示，他坚信目前整体机会仍然有利于固定收益。对于股票来说，美国的估值仍然不是特别便宜，他认为盈利预期仍然过于乐观。当然，在一个波动的市场，公司债也面临风险。如果挥之不去的通货膨胀使利率居高不下，那可能会导致经济衰退，更多公司会因而倒闭。经济若放缓，也可能加添全球垃圾债券市场的压力，这个市场对违约风险更为敏感。从更广泛的宏观前景来看，一些观察人士目前总体上更偏好债券。MSCI ACWI指数成分股以未来12个月预估获利为分母计算的市盈率，已从9月底的13.4倍升至约15.8倍。据调查，经济学家认为，美国在未来12个月内陷入衰退的可能性为65%，去年同期为25%。 与此同时，标准普尔500指数期货的净空头头寸升至十几年来的高位，表明市场对股价走低的强烈预期。据瑞银全球财富管理亚太区股票和信用主管Hartmut Issel称，瑞银已将债券上调至其最偏爱的资产类别，并将股票下调至最不偏爱的资产类别。","news_type":1,"symbols_score_info":{"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":3808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947646587,"gmtCreate":1683116958149,"gmtModify":1683116961926,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947646587","repostId":"1166168941","repostType":2,"repost":{"id":"1166168941","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1683116159,"share":"https://ttm.financial/m/news/1166168941?lang=en_US&edition=fundamental","pubTime":"2023-05-03 20:15","market":"other","language":"zh","title":"U.S. ADP employment was 296,000 in April, biggest increase since July 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1166168941","media":"老虎资讯综合","summary":"5月3日，美国4月ADP就业人数为29.6万人，为2022年7月以来最大增幅；预期14.8万人，前值14.5万人。ADP报告：4月金融服务业就业人数减少2.8万人，3月减少5.1万人；4月贸易/运输/","content":"<p><html><head></head><body>On May 3, U.S. April ADP employment was 296,000, the largest increase since July 2022; It is expected to be 148,000, compared with the previous value of 145,000.</p><p>ADP Report: Employment in financial services decreased by 28,000 in April and 51,000 in March;</p><p>The median annual wage growth rate of trade/transportation/utility employees was 6.6% in April and 7.0% in March;</p><p>The median annual salary growth rate of employees in the construction industry was 6.9% in April and 7.0% in March;</p><p>The median annual salary growth rate of professional/commercial service employees was 6.3% in April and 6.4% in March;</p><p>The median annual wage growth rate of manufacturing employees was 6.2% in April and 6.5% in March;</p><p>The median annual wage growth rate of employees in the financial services industry was 6.7% in April and 6.8% in March.</p><p>After the data was released, the short-term fluctuation of U.S. stock futures was small, and the Nasdaq 100 index futures maintained an increase of about 0.3%. the US Dollar Index pulled up more than 10 points in the short term and is now at 101.67. Spot gold fell about $2 in the short term and is now trading at $2013.50/oz.</p><p><strong>Agency evaluation of ADP employment in the United States:</strong>Private U.S. businesses added 296,000 jobs in April, indicating a hiring boom despite a sharp slowdown in wage growth for people changing jobs.</p><p><strong>Nela Richardson, chief economist at ADP:</strong>The slowdown in wage growth gives the clearest signal of current labor market conditions, with employers reining in wage growth while hiring heavily. Our data also shows that fewer people are changing jobs.</p><p><strong>Forexlive, a financial website, commented on the ADP data of the United States in April:</strong>That's a strong number and underscores why the Fed's job is so tough. They can't reasonably raise wages without undermining the banking system, but the addition of nearly 300,000 jobs shows that the pressure on wage growth hasn't gone away.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. ADP employment was 296,000 in April, biggest increase since July 2022</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. ADP employment was 296,000 in April, biggest increase since July 2022\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2023-05-03 20:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On May 3, U.S. April ADP employment was 296,000, the largest increase since July 2022; It is expected to be 148,000, compared with the previous value of 145,000.</p><p>ADP Report: Employment in financial services decreased by 28,000 in April and 51,000 in March;</p><p>The median annual wage growth rate of trade/transportation/utility employees was 6.6% in April and 7.0% in March;</p><p>The median annual salary growth rate of employees in the construction industry was 6.9% in April and 7.0% in March;</p><p>The median annual salary growth rate of professional/commercial service employees was 6.3% in April and 6.4% in March;</p><p>The median annual wage growth rate of manufacturing employees was 6.2% in April and 6.5% in March;</p><p>The median annual wage growth rate of employees in the financial services industry was 6.7% in April and 6.8% in March.</p><p>After the data was released, the short-term fluctuation of U.S. stock futures was small, and the Nasdaq 100 index futures maintained an increase of about 0.3%. the US Dollar Index pulled up more than 10 points in the short term and is now at 101.67. Spot gold fell about $2 in the short term and is now trading at $2013.50/oz.</p><p><strong>Agency evaluation of ADP employment in the United States:</strong>Private U.S. businesses added 296,000 jobs in April, indicating a hiring boom despite a sharp slowdown in wage growth for people changing jobs.</p><p><strong>Nela Richardson, chief economist at ADP:</strong>The slowdown in wage growth gives the clearest signal of current labor market conditions, with employers reining in wage growth while hiring heavily. Our data also shows that fewer people are changing jobs.</p><p><strong>Forexlive, a financial website, commented on the ADP data of the United States in April:</strong>That's a strong number and underscores why the Fed's job is so tough. They can't reasonably raise wages without undermining the banking system, but the addition of nearly 300,000 jobs shows that the pressure on wage growth hasn't gone away.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/627bc890436e46f74a0fe8143398a725","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166168941","content_text":"5月3日，美国4月ADP就业人数为29.6万人，为2022年7月以来最大增幅；预期14.8万人，前值14.5万人。ADP报告：4月金融服务业就业人数减少2.8万人，3月减少5.1万人；4月贸易/运输/公用事业就业人员薪资增速年率中值为6.6%，3月为7.0%；4月建筑业就业人员薪资增速年率中值为6.9%，3月为7.0%；4月专业/商业服务就业人员薪资增速年率中值为6.3%，3月为6.4%；4月制造业就业人员薪资增速年率中值为6.2%，3月为6.5%；4月金融服务业就业人员薪资增速年率中值为6.7%，3月为6.8%。数据公布后，美股期货短线波动不大，纳斯达克100指数期货维持约0.3%的涨幅。美元指数短线拉升逾10点，现报101.67。现货黄金短线走低约2美元，现报2013.50美元/盎司。机构评美国ADP就业人数：美国私营企业4月份增加了29.6万个就业岗位，表明尽管换工作的人的工资增长大幅放缓，但仍出现了招聘热潮。ADP首席经济学家Nela Richardson：薪资增长放缓给出了当前劳动力市场状况的最清晰信号，雇主们在大举招聘的同时，也在控制薪资增长。我们的数据还显示，换工作的人越来越少。财经网站Forexlive评美国4月ADP数据：这是一个强劲的数字，也突显出美联储的工作为何如此艰难。他们不可能在不破坏银行体系的情况下合理地提高工资，但增加了近30万个工作岗位表明，工资增长的压力并没有消失。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947810601,"gmtCreate":1682859801003,"gmtModify":1682859804811,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947810601","repostId":"2331122664","repostType":2,"repost":{"id":"2331122664","kind":"highlight","pubTimestamp":1682828286,"share":"https://ttm.financial/m/news/2331122664?lang=en_US&edition=fundamental","pubTime":"2023-04-30 12:18","market":"us","language":"zh","title":"How long can U.S. tech stocks be bullish? Just look at the earnings report of Apple and AMD next week","url":"https://stock-news.laohu8.com/highlight/detail?id=2331122664","media":"华尔街见闻","summary":"后续财报可能“喜忧参半”，AI热潮带动芯片需求增加，AMD、高通财报指引可能好于预期，而苹果可能会公布其产品部门三年来首次全面萎缩。经济衰退阴云笼罩下，微软、Meta等科技巨头扛住了压力，一季度业绩超","content":"<p><html><head></head><body><strong>The follow-up earnings report may be \"mixed\", the AI boom drives an increase in chip demand, AMD and Qualcomm's earnings guidance may be better than expected, and Apple may announce that its product division will shrink across the board for the first time in three years.</strong>Under the cloud of economic recession,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Technology giants such as Meta and Meta withstood the pressure, and their first-quarter results exceeded expectations.</p><p>Specifically, Meta's \"salted fish turned over\", and its revenue in the first quarter unexpectedly reversed three consecutive quarters; Microsoft's last quarter's results exceeded expectations, and its cloud business revenue maintained double-digit growth;<a href=\"https://laohu8.com/S/GOOG\">Google</a>Search returned to growth in the first quarter, and the cloud business turned a profit.</p><p>In addition, earnings guidance is positive despite record losses in chip stocks. SK Hynix pointed out that the improvement of demand and the superposition of production reduction may boost the market, and the chip market will rebound in the second quarter. But on the other hand,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>The warning of sluggish growth in its cloud computing business, and Cloudflare's move to cut its full-year revenue forecast, underscore the uncertainty of the overall economy.</p><p><strong>The unexpected earnings report eased the market's concerns about the slowdown in demand for technology products, driving a rebound in U.S. stocks.</strong>The S&P 500 posted its biggest one-day gain since the first week of the year on Thursday, with the tech-heavy Nasdaq 100 index closing up 2.76%, its biggest gain since Jan. 20.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/822b80c8c4e84fc0602fb949d5d61757\" tg-width=\"1024\" tg-height=\"614\"/></p><p><strong>Next week,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>And AMD will disclose the demand of more technology products, and its financial performance will become the key to whether technology stocks can continue to rebound. Here's the earnings look ahead:</strong></p><p>Tuesday: AMD will release earnings after U.S. stocks. The AI boom is expected to drive demand for chips in data centers, and the increased demand brought by it may offset the continued weakness in PC-side chip sales. With its customer and gaming segments still subdued, data centers will be key for AMD to generate revenue.</p><p>Wednesday: Qualcomm will announce results after U.S. stocks. Amid continued weakness in smartphone demand, investors will take a closer look at Qualcomm's quarterly guidance for signs of recovery and inventory replenishment from OEMs. Last month, chip giants Micron Technology and Infineon Technologies provided better-than-expected guidance, raising hopes for a rebound.</p><p>Thursday: Apple will report results after U.S. stocks. Apple is likely to report its product division shrinking across the board for the first time in three years, with iPad and iPhone sales down a year from before, a slowdown in Mac sales likely to be more pronounced, and weaker consumer spending on premium devices still weighing on overall growth. The impact of iPhone supply chain issues and foreign exchange headwinds will likely be shown in the earnings report, and Barclays believes the downturn will continue into the current quarter, especially as demand for the iPhone 14 Pro model slows.</p><p></body></html></p>","source":"wallstreetcn_api","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>How long can U.S. tech stocks be bullish? Just look at the earnings report of Apple and AMD next week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nHow long can U.S. tech stocks be bullish? Just look at the earnings report of Apple and AMD next week\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-30 12:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>The follow-up earnings report may be \"mixed\", the AI boom drives an increase in chip demand, AMD and Qualcomm's earnings guidance may be better than expected, and Apple may announce that its product division will shrink across the board for the first time in three years.</strong>Under the cloud of economic recession,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Technology giants such as Meta and Meta withstood the pressure, and their first-quarter results exceeded expectations.</p><p>Specifically, Meta's \"salted fish turned over\", and its revenue in the first quarter unexpectedly reversed three consecutive quarters; Microsoft's last quarter's results exceeded expectations, and its cloud business revenue maintained double-digit growth;<a href=\"https://laohu8.com/S/GOOG\">Google</a>Search returned to growth in the first quarter, and the cloud business turned a profit.</p><p>In addition, earnings guidance is positive despite record losses in chip stocks. SK Hynix pointed out that the improvement of demand and the superposition of production reduction may boost the market, and the chip market will rebound in the second quarter. But on the other hand,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>The warning of sluggish growth in its cloud computing business, and Cloudflare's move to cut its full-year revenue forecast, underscore the uncertainty of the overall economy.</p><p><strong>The unexpected earnings report eased the market's concerns about the slowdown in demand for technology products, driving a rebound in U.S. stocks.</strong>The S&P 500 posted its biggest one-day gain since the first week of the year on Thursday, with the tech-heavy Nasdaq 100 index closing up 2.76%, its biggest gain since Jan. 20.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/822b80c8c4e84fc0602fb949d5d61757\" tg-width=\"1024\" tg-height=\"614\"/></p><p><strong>Next week,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>And AMD will disclose the demand of more technology products, and its financial performance will become the key to whether technology stocks can continue to rebound. Here's the earnings look ahead:</strong></p><p>Tuesday: AMD will release earnings after U.S. stocks. The AI boom is expected to drive demand for chips in data centers, and the increased demand brought by it may offset the continued weakness in PC-side chip sales. With its customer and gaming segments still subdued, data centers will be key for AMD to generate revenue.</p><p>Wednesday: Qualcomm will announce results after U.S. stocks. Amid continued weakness in smartphone demand, investors will take a closer look at Qualcomm's quarterly guidance for signs of recovery and inventory replenishment from OEMs. Last month, chip giants Micron Technology and Infineon Technologies provided better-than-expected guidance, raising hopes for a rebound.</p><p>Thursday: Apple will report results after U.S. stocks. Apple is likely to report its product division shrinking across the board for the first time in three years, with iPad and iPhone sales down a year from before, a slowdown in Mac sales likely to be more pronounced, and weaker consumer spending on premium devices still weighing on overall growth. The impact of iPhone supply chain issues and foreign exchange headwinds will likely be shown in the earnings report, and Barclays believes the downturn will continue into the current quarter, especially as demand for the iPhone 14 Pro model slows.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3687780\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/353f693b3cf73305d444a14080157632","relate_stocks":{"AAPL":"苹果","AMD":"美国超微公司","GFS":"GLOBALFOUNDRIES Inc."},"source_url":"https://wallstreetcn.com/articles/3687780","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2331122664","content_text":"后续财报可能“喜忧参半”，AI热潮带动芯片需求增加，AMD、高通财报指引可能好于预期，而苹果可能会公布其产品部门三年来首次全面萎缩。经济衰退阴云笼罩下，微软、Meta等科技巨头扛住了压力，一季度业绩超出预期。具体来看，Meta“咸鱼翻身”，一季度收入意外扭转三季连降；微软上季度业绩超预期，云业务营收维持两位数增长；谷歌一季度搜索重回增长，云业务扭亏为盈。此外，尽管芯片股业绩亏损创下纪录，但财报指引向好。SK海力士指出，需求改善叠加减产或将提振市场，芯片市场将在二季度出现反弹。不过，另一方面，亚马逊对其云计算业务增长乏力的警告，以及Cloudflare下调全年营收预期的举措，突显出整体经济的不确定性。超预期的财报缓解了市场对科技产品需求放缓的担忧，带动美股反弹。标普500指数在周四创下今年第一周以来的最大单日涨幅，以科技股为主的纳斯达克100指数收涨2.76%，创1月20日以来最大涨幅。下周，苹果、高通和AMD将披露更多科技产品的需求情况，其财报表现成为科技股能否继续反弹的关键。以下是财报前瞻：周二：AMD将在美股盘后发布财报。人工智能热潮预计将带动数据中心对芯片的需求，带来的需求增加可能会抵消PC端芯片销售的持续疲软。由于其客户和游戏部门仍然低迷，数据中心将是AMD获得收入的关键。周三：高通将在美股盘后公布业绩。在智能手机需求持续疲软的情况下，投资者将仔细研究高通的季度指引，以寻找复苏的迹象和OEM厂商的库存补充。上个月，芯片巨头美光科技和英飞凌科技提供了好于预期的指引，提升了反弹的希望。周四：苹果将在美股盘后公布业绩。苹果可能会报告其产品部门三年来首次全面萎缩，iPad和iPhone的销售一年较前下滑，Mac的销售放缓可能更加明显，消费者对高端设备的消费疲软仍然拖累整体增长。iPhone供应链问题和外汇阻力的影响可能会在财报中显示出来，巴克莱认为，这种不景气会延续到本季度，尤其是对iPhone 14 Pro机型的需求放缓。","news_type":1,"symbols_score_info":{"AAPL":1,"GFS":1,"AMD":1}},"isVote":1,"tweetType":1,"viewCount":3669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947804421,"gmtCreate":1682781432363,"gmtModify":1682781435877,"author":{"id":"3582685386479633","authorId":"3582685386479633","name":"Mingzu","avatar":"https://static.tigerbbs.com/c629c36c53878360c505d837193f9e79","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582685386479633","idStr":"3582685386479633"},"themes":[],"title":"","htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947804421","repostId":"1193243086","repostType":2,"repost":{"id":"1193243086","kind":"news","pubTimestamp":1682757120,"share":"https://ttm.financial/m/news/1193243086?lang=en_US&edition=fundamental","pubTime":"2023-04-29 16:32","market":"us","language":"zh","title":"First Republic \"Whose Family Flowers\"? Report: FDIC asks bidders like JPMorgan to submit final offers by Sunday","url":"https://stock-news.laohu8.com/highlight/detail?id=1193243086","media":"华尔街见闻","summary":"作为吸收存款超过10%的大型银行，摩根大通的收购在监管方面存在障碍，但为了拯救第一共和银行，也存在破例的可能性。岌岌可危的第一共和银行迎来了意向方：摩根大通、PNC都有可能成为最终收购者。据彭博今日报","content":"<p><html><head></head><body><strong>As a large bank that takes in more than 10% of deposits, JPMorgan Chase's acquisition presents regulatory hurdles, but there is also the possibility of making an exception to save First Republic Bank.</strong><p style=\"text-align: justify;\">The precarious First Republic Bank has ushered in the intended party: JPMorgan Chase and PNC are both likely to be the ultimate acquirer.</p><p><p style=\"text-align: justify;\">The Federal Deposit Insurance Corporation (FDIC) is asking banks including JPMorgan Chase and PNC Financial Services Group, Bloomberg reported today<strong>Submit your final offer for First Republic Bank by Sunday.</strong></p><p><p style=\"text-align: justify;\">The regulator on Thursday sought interest from the banks, including an understanding of the banks' recommended offers and the estimated cost of First Republic Bank's deposit insurance money, and on Friday invited both companies to participate in the next step of the bidding process.</p><p><p style=\"text-align: justify;\">Bloomberg said the bidding process initiated by regulators could pave the way for a sale of First Republic Bank without going through a lengthy auction process like when Silicon Valley Bank and Signature Bank collapsed.</p><p><p style=\"text-align: justify;\">Moreover, the cliff-like decline in First Republic shares (down 97% this year) has pushed the market value to just $650 million,<strong>It may also provide a degree of feasibility for an acquisition.</strong></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c0b589ac7783879dc11eba6207dc3e3\" tg-width=\"560\" tg-height=\"240\"/></p><p><p style=\"text-align: justify;\">Wall Street News said earlier today that U.S. officials, including the FDIC, the U.S. Treasury Department and the Federal Reserve, are coordinating meetings with other banks to facilitate a bailout plan for First Republic Bank.</p><p><p style=\"text-align: justify;\">It comes after advisers to First Republic sought to get several banks involved in the bailout a month ago to buy its assets at above-market prices.</p><p><p style=\"text-align: justify;\">Though buyers buy-and-lose, these potential buyers have $30 billion in deposits with First Republic Bank that are uninsured. If they think First Republic Bank is about to go bankrupt, they could risk losing that money altogether.</p><p><p style=\"text-align: justify;\">Moreover, even if the federal government uses emergency powers to guarantee these deposits, large banks will need to replenish the FDIC with huge sums of money. As part of the deal, a number of banks that bailed out could get some form of equity.</p><p><p style=\"text-align: justify;\"><strong>Such a scheme would result in short-term losses for the banks that come to the rescue, but could cost less in the long run than letting First Republic Bank fail and be taken over by regulators.</strong></p><p><h2>Regulatory obstacles</h2><p style=\"text-align: justify;\">However, while First Republic Bank has little market value left, regulatory rules may also add a deterrent to acquisition action.</p><p><p style=\"text-align: justify;\">Because JPMorgan Chase is one of the few large banks in the nation that takes more than 10% of deposits,<strong>Under US regulations, the bank is not eligible to buy another institution that also takes deposits, which will make it bigger again.</strong></p><p><p style=\"text-align: justify;\">Still, there is the possibility of an exception in order to save First Republic Bank.</p><p><p style=\"text-align: justify;\">The FDIC would prefer to limit the solution to the private sector than the billions it would have to pay to take over a bank again. The agency had previously planned a special assessment of the banking sector to cover the costs of the bankruptcies of Silicon Valley Bank and Signature Bank last month.</p><p><p style=\"text-align: justify;\">Earlier, the media quoted sources saying that the most likely outcome of First Republic Bank is to be taken over by the FDIC. If First Republic Bank is taken over by regulators, the FDIC will still ask other banks to make possible takeover bids. However, sources said at the time that there was still hope of finding a solution that First Republic would not be taken over by the FDIC.</p><p></body></html></p>","source":"wallstreetcn","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>First Republic \"Whose Family Flowers\"? Report: FDIC asks bidders like JPMorgan to submit final offers by Sunday</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: 12.5px; color: #7E829C; margin: 0;}\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 \"Whose Family Flowers\"? Report: FDIC asks bidders like JPMorgan to submit final offers by Sunday\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-29 16:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>As a large bank that takes in more than 10% of deposits, JPMorgan Chase's acquisition presents regulatory hurdles, but there is also the possibility of making an exception to save First Republic Bank.</strong><p style=\"text-align: justify;\">The precarious First Republic Bank has ushered in the intended party: JPMorgan Chase and PNC are both likely to be the ultimate acquirer.</p><p><p style=\"text-align: justify;\">The Federal Deposit Insurance Corporation (FDIC) is asking banks including JPMorgan Chase and PNC Financial Services Group, Bloomberg reported today<strong>Submit your final offer for First Republic Bank by Sunday.</strong></p><p><p style=\"text-align: justify;\">The regulator on Thursday sought interest from the banks, including an understanding of the banks' recommended offers and the estimated cost of First Republic Bank's deposit insurance money, and on Friday invited both companies to participate in the next step of the bidding process.</p><p><p style=\"text-align: justify;\">Bloomberg said the bidding process initiated by regulators could pave the way for a sale of First Republic Bank without going through a lengthy auction process like when Silicon Valley Bank and Signature Bank collapsed.</p><p><p style=\"text-align: justify;\">Moreover, the cliff-like decline in First Republic shares (down 97% this year) has pushed the market value to just $650 million,<strong>It may also provide a degree of feasibility for an acquisition.</strong></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c0b589ac7783879dc11eba6207dc3e3\" tg-width=\"560\" tg-height=\"240\"/></p><p><p style=\"text-align: justify;\">Wall Street News said earlier today that U.S. officials, including the FDIC, the U.S. Treasury Department and the Federal Reserve, are coordinating meetings with other banks to facilitate a bailout plan for First Republic Bank.</p><p><p style=\"text-align: justify;\">It comes after advisers to First Republic sought to get several banks involved in the bailout a month ago to buy its assets at above-market prices.</p><p><p style=\"text-align: justify;\">Though buyers buy-and-lose, these potential buyers have $30 billion in deposits with First Republic Bank that are uninsured. If they think First Republic Bank is about to go bankrupt, they could risk losing that money altogether.</p><p><p style=\"text-align: justify;\">Moreover, even if the federal government uses emergency powers to guarantee these deposits, large banks will need to replenish the FDIC with huge sums of money. As part of the deal, a number of banks that bailed out could get some form of equity.</p><p><p style=\"text-align: justify;\"><strong>Such a scheme would result in short-term losses for the banks that come to the rescue, but could cost less in the long run than letting First Republic Bank fail and be taken over by regulators.</strong></p><p><h2>Regulatory obstacles</h2><p style=\"text-align: justify;\">However, while First Republic Bank has little market value left, regulatory rules may also add a deterrent to acquisition action.</p><p><p style=\"text-align: justify;\">Because JPMorgan Chase is one of the few large banks in the nation that takes more than 10% of deposits,<strong>Under US regulations, the bank is not eligible to buy another institution that also takes deposits, which will make it bigger again.</strong></p><p><p style=\"text-align: justify;\">Still, there is the possibility of an exception in order to save First Republic Bank.</p><p><p style=\"text-align: justify;\">The FDIC would prefer to limit the solution to the private sector than the billions it would have to pay to take over a bank again. The agency had previously planned a special assessment of the banking sector to cover the costs of the bankruptcies of Silicon Valley Bank and Signature Bank last month.</p><p><p style=\"text-align: justify;\">Earlier, the media quoted sources saying that the most likely outcome of First Republic Bank is to be taken over by the FDIC. If First Republic Bank is taken over by regulators, the FDIC will still ask other banks to make possible takeover bids. However, sources said at the time that there was still hope of finding a solution that First Republic would not be taken over by the FDIC.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3687776\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ffc56982f828847b68443cfbde6a957b","relate_stocks":{"FRCB":"第一共和银行"},"source_url":"https://wallstreetcn.com/articles/3687776","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193243086","content_text":"作为吸收存款超过10%的大型银行，摩根大通的收购在监管方面存在障碍，但为了拯救第一共和银行，也存在破例的可能性。岌岌可危的第一共和银行迎来了意向方：摩根大通、PNC都有可能成为最终收购者。据彭博今日报道，美国联邦存款保险公司（FDIC）要求包括摩根大通和PNC金融服务集团在内的银行在周日之前提交对第一共和银行的最终报价。监管机构于周四向各家银行征求了意向，包括了解这些银行建议的报价以及对第一共和银行存款保险金的预估成本，并于周五邀请了两家公司参加了下一步的竞标过程。彭博表示，监管机构启动的竞标程序可能为第一共和银行的出售铺平道路，而不会像硅谷银行和签字银行倒闭时经历漫长的拍卖流程。此外，第一共和银行股票的断崖式下跌（今年以来下跌97%）已经使市值跌至仅有6.5亿美元，这可能也为收购提供了一定程度上的可行性。华尔街见闻今日早些时候曾介绍，包括FDIC、美国财政部和美联储在内的美国官员们正在协调与其他银行的会议，以促成对第一共和银行的救助计划。此前，第一共和银行的顾问们寻求让数家参与了一个月前救助行动的银行以高于市价的价格购买其资产。尽管买家买入即亏，但这些潜在买家在第一共和银行的300亿美元存款没有保险。如果他们认为第一共和银行即将破产，他们可能会面临彻底失去这笔钱的风险。此外，即使联邦政府动用紧急权力为这些存款提供担保，大型银行也需要向FDIC补充巨额资金。作为交易的一部分，多家出手救助的银行可以获得某种形式的股权。上述方案将导致出手相救的银行短期内蒙受损失，但从长远来看，可能比让第一共和银行倒闭并被监管机构接管的成本更低。监管障碍然而，尽管第一共和银行的市值已经所剩无几，但监管规定也可能为收购行动增加阻碍。由于摩根大通是全美少数几家吸收存款超过10%的大型银行，根据美国监管规定，该行没有资格再收购一家同样吸收存款的机构，这将令其规模再一次壮大。尽管如此，为了拯救第一共和银行，也存在破例的可能性。相比FDIC再次接管一家银行所必须付出的数十亿成本，FDIC更希望将解决方案限制在私营部门。此前该机构已经计划对银行业进行特别评估，以支付硅谷银行和签名银行上个月破产的费用。此前媒体援引消息人士称，第一共和银行最有可能的结果就是被FDIC接管。如果第一共和银行被监管机构接管，FDIC仍将问询其他银行，让他们进行可能的收购投标。不过消息人士当时称，也仍有希望找到一个第一共和不被FDIC接管的解决方案。","news_type":1,"symbols_score_info":{"FRC":0.9,"FRCB":0.9}},"isVote":1,"tweetType":1,"viewCount":3070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}