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- plasticbagplasticbag
  ·2023-01-23
  Ok
  Pre-Bell｜U.S. Stock Futures Struggle for Direction; AMD Stock Gains On Barclays Upgrade
  U.S. stock index futures struggled for direction at the start of another big week for corporate earn
  Pre-Bell｜U.S. Stock Futures Struggle for Direction; AMD Stock Gains On Barclays Upgrade
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- plasticbagplasticbag
  ·2023-01-22
  Hi
  Microsoft Kicks Off Tech Earnings Set to Slump Most Since 2016
  Tech companies are cutting costs into crucial reporting seasonAnalysts have slashed earnings estimat
  Microsoft Kicks Off Tech Earnings Set to Slump Most Since 2016
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- plasticbagplasticbag
  ·2023-01-21
  Ok
  Reminder: Market Holidays During Chinese Lunar New Year
  Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the
  Reminder: Market Holidays During Chinese Lunar New Year
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- plasticbagplasticbag
  ·2023-01-18
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  Sorry, this post has been deleted
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- plasticbagplasticbag
  ·2023-01-17
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- plasticbagplasticbag
  ·2023-01-13
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- plasticbagplasticbag
  ·2023-01-12
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- plasticbagplasticbag
  ·2023-01-12
  Ok
  Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession
  Policymakers insist rates will be held high into 2024Markets see rate cuts later in 2023 as economy
  Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession
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- plasticbagplasticbag
  ·2023-01-10
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- plasticbagplasticbag
  ·2023-01-08
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AMD Stock Gains On Barclays Upgrade","url":"https://stock-news.laohu8.com/highlight/detail?id=1190101431","media":"Tiger Newspress","summary":"U.S. stock index futures struggled for direction at the start of another big week for corporate earn","content":"<html><head></head><body><p>U.S. stock index futures struggled for direction at the start of another big week for corporate earnings amid concerns about a recession, while Salesforce rose on Monday as Elliott Management acquired a stake in the firm.</p><h2>Market Snapshot</h2><p>At 7: 50 a.m. ET, Dow e-minis were up 6 points, or 0.02%, S&amp;P 500 e-minis were down 1.5 points, or 0.04%, and Nasdaq 100 e-minis were up 0.75 points, or 0.01%.</p><p><img src=\"https://static.tigerbbs.com/7fc63e613fa0f97774ad96f278400813\" tg-width=\"1080\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>— The semiconductor maker rallied nearly 3% after beingupgraded by Barclaysto overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence. The firm also upgraded Qualcomm and Seagate Technology to overweight from equal weight. Qualcomm and Seagate both gained more than 2%.</p><p><a href=\"https://laohu8.com/S/W\">Wayfair</a>— The online retailer jumped more than 12% after being doubleupgraded to overweightfrom underweight by JPMorgan. The Wall Street firm cited improving market share trends and a better grasp on spending from management.</p><p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>— Salesforce shares gained more than 5% premarket on news that activist investor Elliott Management has reportedly taken amultibillion-dollar stakein the cloud-based software giant.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a>— The e-commerce company rose nearly 5% after beingupgraded to buyfrom hold by Deutsche Bank, which said brands are growing increasingly interested in Shopify.</p><p><a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>— Abbott Labs lost 2.5% following aWall Street Journalreport Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan.</p><p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a>— The cybersecurity company shed nearly 2% after being downgraded to hold by Deutsche Bank, which cited intensifying competition.</p><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>— Shares of the payment company dipped more than 1% in premarket trading after theWall Street Journalreported that large banks are teaming up to create their own digital wallet. The wallet would be a competitor to PayPal and Apple Pay.</p><p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a>— The data storage company rose 4% after a report fromBloomberglate Friday that merger talks between Western Digital and Kioxia holdings are progressing.</p><p><a href=\"https://laohu8.com/S/WMG\">Warner Music Group</a>— The music entertainment company dropped 2.45% after being downgraded by Barclays to equal weight. Warner Music’s financial performance has been too volatile to justify a premium valuation, its analysts said.</p><p><a href=\"https://laohu8.com/S/TPG\">Tapestry</a>— The Coach and Kate Spade parent slid 1.85% after being downgraded to equal weight from overweight by Barclays. The Wall Street firm’s reasons included inflation creeping to higher household income brackets.</p><p><a href=\"https://laohu8.com/S/SKX\">Skechers</a>— Cowen upgraded Skechers to outperform from market perform, saying it remains the No. 2 casual sneaker brand in the U.S. and is gaining preference in its survey. Consensus sales and EPS estimates are too conservative, the firm said. Skechers gained nearly 2% in the premarket.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications</a>— Shares of Zoom slipped 0.72% after MKM Partners downgraded the company to neutral from buy, citing slowing growth.</p><h2>Market News</h2><h3>Banks Plan Payment Wallet to Compete With PayPal, Apple Pay</h3><p><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America Corp.,</a>, <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>, and four other banks are working on a new product that will allow shoppers to pay at merchants’ online checkout with a wallet that will be linked to their debit and credit cards.</p><p>One goal of the new service is to compete with third-party wallet operators such as <a href=\"https://laohu8.com/S/PYPL\">PayPal Holdings Inc.</a>, and Apple Inc.’s Apple Pay, according to people familiar with the matter. Banks are worried about losing control of their customer relationships.Apple, in particular, poses a big threat. The tech giant has moved further into financial services and is working on a savings account with <a href=\"https://laohu8.com/S/GS\">Goldman Sachs Group Inc.</a> and a buy now, pay later offering.</p><h3>Activist Elliott Management Takes Big Stake in Salesforce</h3><p>Activist investor Elliott Management Corp. has made a multibillion-dollar investment in <a href=\"https://laohu8.com/S/CRM\">Salesforce Inc.</a>, according to people familiar with the matter, adding to the pressures facing the business-software provider.</p><p>While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.</p><h3>Spotify Seen Cutting Staff as Soon as This Week to Cut Costs</h3><p><a href=\"https://laohu8.com/S/SPOT\">Spotify Technology SA</a> is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs.</p><p>The number of positions to be eliminated wasn’t specified by the people. Spotify laid off 38 staff from its Gimlet Media and Parcast podcast studios in October. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.</p><h3>Goldman Sachs to Cut Asset Management Investments That Weighed on Earnings</h3><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs Group Inc</a>&#39;s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank&#39;s earnings, an executive told Reuters.</p><p>The Wall Street giant plans to divest its positions over the next few years and replace some of those funds with outside capital, Julian Salisbury, chief investment officer of asset and wealth management at Goldman Sachs, told Reuters in an interview.</p><h3>Amazon Begins Air Freight Services in India</h3><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc.</a> is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom.</p><p>The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice president of customer fulfillment.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Stock Futures Struggle for Direction; AMD Stock Gains On Barclays Upgrade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Stock Futures Struggle for Direction; AMD Stock Gains On Barclays Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-01-23 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures struggled for direction at the start of another big week for corporate earnings amid concerns about a recession, while Salesforce rose on Monday as Elliott Management acquired a stake in the firm.</p><h2>Market Snapshot</h2><p>At 7: 50 a.m. ET, Dow e-minis were up 6 points, or 0.02%, S&amp;P 500 e-minis were down 1.5 points, or 0.04%, and Nasdaq 100 e-minis were up 0.75 points, or 0.01%.</p><p><img src=\"https://static.tigerbbs.com/7fc63e613fa0f97774ad96f278400813\" tg-width=\"1080\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>— The semiconductor maker rallied nearly 3% after beingupgraded by Barclaysto overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence. The firm also upgraded Qualcomm and Seagate Technology to overweight from equal weight. Qualcomm and Seagate both gained more than 2%.</p><p><a href=\"https://laohu8.com/S/W\">Wayfair</a>— The online retailer jumped more than 12% after being doubleupgraded to overweightfrom underweight by JPMorgan. The Wall Street firm cited improving market share trends and a better grasp on spending from management.</p><p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>— Salesforce shares gained more than 5% premarket on news that activist investor Elliott Management has reportedly taken amultibillion-dollar stakein the cloud-based software giant.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a>— The e-commerce company rose nearly 5% after beingupgraded to buyfrom hold by Deutsche Bank, which said brands are growing increasingly interested in Shopify.</p><p><a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>— Abbott Labs lost 2.5% following aWall Street Journalreport Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan.</p><p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a>— The cybersecurity company shed nearly 2% after being downgraded to hold by Deutsche Bank, which cited intensifying competition.</p><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>— Shares of the payment company dipped more than 1% in premarket trading after theWall Street Journalreported that large banks are teaming up to create their own digital wallet. The wallet would be a competitor to PayPal and Apple Pay.</p><p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a>— The data storage company rose 4% after a report fromBloomberglate Friday that merger talks between Western Digital and Kioxia holdings are progressing.</p><p><a href=\"https://laohu8.com/S/WMG\">Warner Music Group</a>— The music entertainment company dropped 2.45% after being downgraded by Barclays to equal weight. Warner Music’s financial performance has been too volatile to justify a premium valuation, its analysts said.</p><p><a href=\"https://laohu8.com/S/TPG\">Tapestry</a>— The Coach and Kate Spade parent slid 1.85% after being downgraded to equal weight from overweight by Barclays. The Wall Street firm’s reasons included inflation creeping to higher household income brackets.</p><p><a href=\"https://laohu8.com/S/SKX\">Skechers</a>— Cowen upgraded Skechers to outperform from market perform, saying it remains the No. 2 casual sneaker brand in the U.S. and is gaining preference in its survey. Consensus sales and EPS estimates are too conservative, the firm said. Skechers gained nearly 2% in the premarket.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications</a>— Shares of Zoom slipped 0.72% after MKM Partners downgraded the company to neutral from buy, citing slowing growth.</p><h2>Market News</h2><h3>Banks Plan Payment Wallet to Compete With PayPal, Apple Pay</h3><p><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America Corp.,</a>, <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>, and four other banks are working on a new product that will allow shoppers to pay at merchants’ online checkout with a wallet that will be linked to their debit and credit cards.</p><p>One goal of the new service is to compete with third-party wallet operators such as <a href=\"https://laohu8.com/S/PYPL\">PayPal Holdings Inc.</a>, and Apple Inc.’s Apple Pay, according to people familiar with the matter. Banks are worried about losing control of their customer relationships.Apple, in particular, poses a big threat. The tech giant has moved further into financial services and is working on a savings account with <a href=\"https://laohu8.com/S/GS\">Goldman Sachs Group Inc.</a> and a buy now, pay later offering.</p><h3>Activist Elliott Management Takes Big Stake in Salesforce</h3><p>Activist investor Elliott Management Corp. has made a multibillion-dollar investment in <a href=\"https://laohu8.com/S/CRM\">Salesforce Inc.</a>, according to people familiar with the matter, adding to the pressures facing the business-software provider.</p><p>While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.</p><h3>Spotify Seen Cutting Staff as Soon as This Week to Cut Costs</h3><p><a href=\"https://laohu8.com/S/SPOT\">Spotify Technology SA</a> is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs.</p><p>The number of positions to be eliminated wasn’t specified by the people. Spotify laid off 38 staff from its Gimlet Media and Parcast podcast studios in October. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.</p><h3>Goldman Sachs to Cut Asset Management Investments That Weighed on Earnings</h3><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs Group Inc</a>&#39;s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank&#39;s earnings, an executive told Reuters.</p><p>The Wall Street giant plans to divest its positions over the next few years and replace some of those funds with outside capital, Julian Salisbury, chief investment officer of asset and wealth management at Goldman Sachs, told Reuters in an interview.</p><h3>Amazon Begins Air Freight Services in India</h3><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc.</a> is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom.</p><p>The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice president of customer fulfillment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190101431","content_text":"U.S. stock index futures struggled for direction at the start of another big week for corporate earnings amid concerns about a recession, while Salesforce rose on Monday as Elliott Management acquired a stake in the firm.Market SnapshotAt 7: 50 a.m. ET, Dow e-minis were up 6 points, or 0.02%, S&P 500 e-minis were down 1.5 points, or 0.04%, and Nasdaq 100 e-minis were up 0.75 points, or 0.01%.Pre-Market MoversAdvanced Micro Devices— The semiconductor maker rallied nearly 3% after beingupgraded by Barclaysto overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence. The firm also upgraded Qualcomm and Seagate Technology to overweight from equal weight. Qualcomm and Seagate both gained more than 2%.Wayfair— The online retailer jumped more than 12% after being doubleupgraded to overweightfrom underweight by JPMorgan. The Wall Street firm cited improving market share trends and a better grasp on spending from management.Salesforce— Salesforce shares gained more than 5% premarket on news that activist investor Elliott Management has reportedly taken amultibillion-dollar stakein the cloud-based software giant.Shopify— The e-commerce company rose nearly 5% after beingupgraded to buyfrom hold by Deutsche Bank, which said brands are growing increasingly interested in Shopify.Abbott Laboratories— Abbott Labs lost 2.5% following aWall Street Journalreport Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan.CrowdStrike— The cybersecurity company shed nearly 2% after being downgraded to hold by Deutsche Bank, which cited intensifying competition.PayPal— Shares of the payment company dipped more than 1% in premarket trading after theWall Street Journalreported that large banks are teaming up to create their own digital wallet. The wallet would be a competitor to PayPal and Apple Pay.Western Digital— The data storage company rose 4% after a report fromBloomberglate Friday that merger talks between Western Digital and Kioxia holdings are progressing.Warner Music Group— The music entertainment company dropped 2.45% after being downgraded by Barclays to equal weight. Warner Music’s financial performance has been too volatile to justify a premium valuation, its analysts said.Tapestry— The Coach and Kate Spade parent slid 1.85% after being downgraded to equal weight from overweight by Barclays. The Wall Street firm’s reasons included inflation creeping to higher household income brackets.Skechers— Cowen upgraded Skechers to outperform from market perform, saying it remains the No. 2 casual sneaker brand in the U.S. and is gaining preference in its survey. Consensus sales and EPS estimates are too conservative, the firm said. Skechers gained nearly 2% in the premarket.Zoom Video Communications— Shares of Zoom slipped 0.72% after MKM Partners downgraded the company to neutral from buy, citing slowing growth.Market NewsBanks Plan Payment Wallet to Compete With PayPal, Apple PayWells Fargo, Bank of America Corp.,, JPMorgan Chase, and four other banks are working on a new product that will allow shoppers to pay at merchants’ online checkout with a wallet that will be linked to their debit and credit cards.One goal of the new service is to compete with third-party wallet operators such as PayPal Holdings Inc., and Apple Inc.’s Apple Pay, according to people familiar with the matter. Banks are worried about losing control of their customer relationships.Apple, in particular, poses a big threat. The tech giant has moved further into financial services and is working on a savings account with Goldman Sachs Group Inc. and a buy now, pay later offering.Activist Elliott Management Takes Big Stake in SalesforceActivist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding to the pressures facing the business-software provider.While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.Spotify Seen Cutting Staff as Soon as This Week to Cut CostsSpotify Technology SA is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs.The number of positions to be eliminated wasn’t specified by the people. Spotify laid off 38 staff from its Gimlet Media and Parcast podcast studios in October. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.Goldman Sachs to Cut Asset Management Investments That Weighed on EarningsGoldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings, an executive told Reuters.The Wall Street giant plans to divest its positions over the next few years and replace some of those funds with outside capital, Julian Salisbury, chief investment officer of asset and wealth management at Goldman Sachs, told Reuters in an interview.Amazon Begins Air Freight Services in IndiaAmazon.com Inc. is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom.The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice president of customer fulfillment.","news_type":1,"symbols_score_info":{"NQmain":0.9,"ESmain":0.9,"YMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952945911,"gmtCreate":1674399856134,"gmtModify":1676538939376,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952945911","repostId":"2305911458","repostType":4,"repost":{"id":"2305911458","kind":"highlight","pubTimestamp":1674381147,"share":"https://ttm.financial/m/news/2305911458?lang=&edition=fundamental","pubTime":"2023-01-22 17:52","market":"us","language":"en","title":"Microsoft Kicks Off Tech Earnings Set to Slump Most Since 2016","url":"https://stock-news.laohu8.com/highlight/detail?id=2305911458","media":"Bloomberg","summary":"Tech companies are cutting costs into crucial reporting seasonAnalysts have slashed earnings estimat","content":"<div>\n<p>Tech companies are cutting costs into crucial reporting seasonAnalysts have slashed earnings estimates on sector for months(Bloomberg) -- US technology stocks are about to hit their next hurdle when ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-kicks-off-tech-earnings-153000956.html\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Kicks Off Tech Earnings Set to Slump Most Since 2016</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Kicks Off Tech Earnings Set to Slump Most Since 2016\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-22 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-kicks-off-tech-earnings-153000956.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech companies are cutting costs into crucial reporting seasonAnalysts have slashed earnings estimates on sector for months(Bloomberg) -- US technology stocks are about to hit their next hurdle when ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-kicks-off-tech-earnings-153000956.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://finance.yahoo.com/news/microsoft-kicks-off-tech-earnings-153000956.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2305911458","content_text":"Tech companies are cutting costs into crucial reporting seasonAnalysts have slashed earnings estimates on sector for months(Bloomberg) -- US technology stocks are about to hit their next hurdle when earnings season for the most influential segment of the S&P 500 Index gets underway in the coming week: vanishing profits.The tech-heavy Nasdaq 100 Stock Index enters this crucial stretch amid a darkening backdrop that short-circuited a strong start to the year. Underscoring the risks ahead, Microsoft Corp., which kicks off the group’s reporting Tuesday, joined Amazon.com Inc. in starting to cut thousands of jobs this week as sales slow. Google parent Alphabet Inc. followed with plans of its own to shrink its workforce.Wall Street has been slashing earnings estimates for months for the tech sector, which is projected to be the biggest drag on S&P 500 profits in the fourth quarter, data compiled by Bloomberg Intelligence show. The danger for investors, however, is that analysts still prove too optimistic, with demand for the industry’s products crumbling as the economy cools.“Tech is driving a lot of the overall earnings recession that we’re seeing in the S&P,” said Michael Casper, an equity strategist with Bloomberg Intelligence. “While there’s a lot baked in, depending on if this recession does emerge and how badly it occurs, there is certainly some negative revision risk for the sector still.”Firms including Texas Instruments Inc., Lam Research Corp. and Intel Corp. also report next week. Apple Inc., Alphabet and other behemoths announce the week after. The group has huge sway over the path of the overall market, with info-tech accounting for more than 25% of the S&P 500’s market capitalization.Fourth-quarter earnings for tech firms in the benchmark are projected to drop 9.2% from the same period a year earlier, the steepest slide since 2016, data compiled by BI show. The speed of the deterioration in sentiment is notable: Three months ago, Wall Street merely saw profits coming in flat.Revenue growth for these companies is fading relative to the past couple of years, when the pandemic and ensuing lockdowns supercharged sales for everything from digital services to personal computers and the components that power them. Higher costs are also squeezing profits.Valuation ConcernsThe concern, however, is that valuations are still far from cheap despite last year’s 33% tumble in the Nasdaq 100. The gauge is priced at about 21 times profits projected over the next 12 months, compared with an average of 20.5 for the past decade, and further estimate cuts would only make it look more expensive. The multiple bottomed at 17.7 in 2020 and at 11.3 in 2011, in the wake of the recession that ended in 2009.Still, for Sameer Bhasin, principal at Value Point Capital, most of the bad news has been priced in. He anticipates that first-quarter profit estimates may have further to fall, but says some of the fears are overblown.“Tech isn’t suffering from an industry demand issue, it’s suffering more from a digestion of the excesses that were built in during the pandemic,” he said. “There’s money on the sidelines that is waiting to be put back into the sector.”Analysts anticipate that tech profits will return to growth in the second half of the year, data compiled by BI show. That will make executives’ outlooks for the full year all the more critical for stocks.As earnings roll in over the next few weeks, investors will have plenty of risks to monitor.Among them are the possibility that inflation proves to be more entrenched than many expect, as well as the effect of higher rates on profits, says Nick Getaz, a portfolio manager of the Franklin Rising Dividends Fund.“Monetary policy has a lag and we’re likely still in the window of that,” he said. “We haven’t seen the earnings impact you’d expect to see from rate hikes.”","news_type":1,"symbols_score_info":{"AAPL":0.9,"GOOGL":0.9,"GOOG":0.9,"MSFT":1}},"isVote":1,"tweetType":1,"viewCount":2718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952990757,"gmtCreate":1674316696480,"gmtModify":1676538936606,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952990757","repostId":"1148061982","repostType":4,"repost":{"id":"1148061982","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1674272043,"share":"https://ttm.financial/m/news/1148061982?lang=&edition=fundamental","pubTime":"2023-01-21 11:34","market":"sg","language":"en","title":"Reminder: Market Holidays During Chinese Lunar New Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1148061982","media":"Tiger Newspress","summary":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the","content":"<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><b>The China A-shares market</b> will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Hong Kong market</b> will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Singapore market</b> will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.</p><h3>Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Market Holidays During Chinese Lunar New Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Market Holidays During Chinese Lunar New Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-01-21 11:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><b>The China A-shares market</b> will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Hong Kong market</b> will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Singapore market</b> will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.</p><h3>Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数","HSI":"恒生指数","STI.SI":"富时新加坡海峡指数","HSTECH":"恒生科技指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148061982","content_text":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The China A-shares market will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.The Hong Kong market will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.The Singapore market will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.BackgroundChinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year's Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.","news_type":1,"symbols_score_info":{"HSTECH":0.9,"HSI":0.9,"000001.SH":0.9,"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956531641,"gmtCreate":1674050479083,"gmtModify":1676538920360,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956531641","repostId":"1194752857","repostType":4,"isVote":1,"tweetType":1,"viewCount":2779,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956822123,"gmtCreate":1673968043463,"gmtModify":1676538910117,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956822123","repostId":"2303753886","repostType":4,"isVote":1,"tweetType":1,"viewCount":2305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958943188,"gmtCreate":1673620737345,"gmtModify":1676538866131,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9958943188","repostId":"1125206932","repostType":4,"isVote":1,"tweetType":1,"viewCount":2648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951542115,"gmtCreate":1673530140937,"gmtModify":1676538851427,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951542115","repostId":"2302089567","repostType":4,"isVote":1,"tweetType":1,"viewCount":2374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951851509,"gmtCreate":1673452971602,"gmtModify":1676538839659,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9951851509","repostId":"1178965236","repostType":4,"repost":{"id":"1178965236","kind":"news","pubTimestamp":1673436908,"share":"https://ttm.financial/m/news/1178965236?lang=&edition=fundamental","pubTime":"2023-01-11 19:35","market":"us","language":"en","title":"Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1178965236","media":"Bloomberg","summary":"Policymakers insist rates will be held high into 2024Markets see rate cuts later in 2023 as economy ","content":"<div>\n<p>Policymakers insist rates will be held high into 2024Markets see rate cuts later in 2023 as economy deterioratesFederal Reserve officials are making a full-court-press effort to convince investors ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-11/fed-s-no-rate-cut-mantra-rejected-by-markets-seeing-recession\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-11 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-11/fed-s-no-rate-cut-mantra-rejected-by-markets-seeing-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Policymakers insist rates will be held high into 2024Markets see rate cuts later in 2023 as economy deterioratesFederal Reserve officials are making a full-court-press effort to convince investors ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-11/fed-s-no-rate-cut-mantra-rejected-by-markets-seeing-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-11/fed-s-no-rate-cut-mantra-rejected-by-markets-seeing-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178965236","content_text":"Policymakers insist rates will be held high into 2024Markets see rate cuts later in 2023 as economy deterioratesFederal Reserve officials are making a full-court-press effort to convince investors they won’t be slashing their benchmark interest rate before year’s end.It’s not working.Money markets are pricing a rate peak around 4.9%, followed by nearly half a percentage point of rate cuts by the end of 2023. That’s despite multiple officials in recent days delivering a sharply contrasting message: Rates are heading above 5% and will stay there all year.Just last month, Chair Jerome Powell highlighted that history warns against “prematurely loosening policy.” With traders effectively rejecting his narrative, the risk is that exuberance over monetary easing causes Fed officials to tighten even more — if falling market rates undercut their efforts to cool the economy.“The market thinks the Fed is playing without a playbook, since their forecasts have been wrong before and they’ve downplayed them in the past,”’ said Marc Chandler, chief market strategist at Bannockburn Global, who’s been working in financial markets since 1986. Investors judge that the US is “headed for a recession, and that the Fed doesn’t quite yet get it.”US Treasury yields are little changed since before the Fed’s policy meeting last month, when officials raised their forecasts for how high the key rate will go. Powell highlighted that 17 of 19 predict a peak of 5% or more, a level above current market rates.That message was again driven home in recent days. Atlanta Fed President Raphael Bostic said the central bank should raise interest rates above 5% by early in the second quarter and then go on hold for “a long time.” Esther George of Kansas said the Fed should hold above 5% into 2024.“Fed officials have turned more hawkish because investors aren’t listening to their warnings,” Ed Yardeni, the veteran watcher of the bond market who heads his namesake research firm, wrote in a note to clients. “Perhaps, Fed officials should listen to the bond market.”One problem is that Powell and his predecessors have each downplayed the relevance of the so-called dot plot of policymakers’ forecasts for the benchmark rate. Another issue is that the Fed’s 2021 forecasts proved woefully wrong in failing to anticipate the rate hikes of 2022.Powell himselfplayed down the dotswhen he was a Fed governor, and doubled down on that message as he first took the helm of the central bank in 2018. Janet Yellen, when she had charge of the central bank, told the market toignore the dotsin mid-2014. Even Ben Bernanke, who as Fed chief launched the introduction of the dots in 2012, later tried tominimizetheir policy-signaling value.Swaps traders see the Fed boosting its policy rate — now in a 4.25% to 4.5% target range — to just under 5% by June and then cutting it to around 4.5% by the end of December. While traders’ pricing of the terminal funds rate, as it’s known, has ebbed and flowed through recent months, cuts have consistently been priced in for before the end of 2023.Still, in making their official forecasts, primary dealers in US Treasuries as a group aren’t pricing in rate cuts, asurveyby the New York Fed showed last month.Expectations could shift with the December consumer price index report, due out Thursday. Stocks and Treasuries rallied after the past two reports showed slower inflation than forecast.‘Undoing’ FedMinutesof the Fed’s Dec. 13-14 meeting showed participants worried about any “misperception” about monetary policymaking fueling optimism in financial markets that would then “complicate the committee’s effort to restore price stability.”Sponsored ContentDiscover What’s Next in Transformative HealthcareGE Healthcare“Markets are undoing what they are trying to do on rates” by not tightening financial conditions enough, said Conrad DeQuadros, a senior economic adviser at Brean Capital LLC.Fed officials, in their forecasts released last month, expect the key rate to reach 5.1% this year, according to the median estimate. None forecast rate cuts in 2023.Nancy Tengler, chief executive and chief investment officer at Laffer Tengler Investments Inc. is one who’s putting her faith — and investment dollars — in the bond market’s signals.‘Often Wrong’“The Fed is often wrong at turning points, said Tengler, who’s worked in markets for several decades and helps manage $1 billion. “One thing I keep in mind is that the dot plot inSeptember of 2021didn’t even show the Fed getting to 2% until 2024,” she said, referring to the policy-rate forecast.Economic data such as Friday’s surprise contraction in the Institute for Supply Management’s services gauge back the view that a recession in the offing and inflation has peaked, she says. “The Fed’s ultimately going to have to catch up.”","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951063217,"gmtCreate":1673359148840,"gmtModify":1676538823703,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9951063217","repostId":"2302068291","repostType":4,"isVote":1,"tweetType":1,"viewCount":2922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953169992,"gmtCreate":1673191305917,"gmtModify":1676538797079,"author":{"id":"3585042599146244","authorId":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585042599146244","idStr":"3585042599146244"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953169992","repostId":"2301735185","repostType":4,"isVote":1,"tweetType":1,"viewCount":2769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}