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Uranuss

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- UranussUranuss
  ·06-17 12:02
  DIAMAN vs MANGO
  Wall Street Can’t Stop Talking About "MANGOS" Stocks as the "Magnificent Seven" Becomes Passé
  Wall Street introduces “MANGOS” (Meta, Anthropic, Nvidia, Alphabet, OpenAI, SpaceX) as a new acronym for next-generation tech leaders.
  Wall Street Can’t Stop Talking About "MANGOS" Stocks as the "Magnificent Seven" Becomes Passé
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- UranussUranuss
  ·2025-04-11
  😂😂tiger great
  Sorry, this post has been deleted
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- UranussUranuss
  ·2023-09-15
  ARM only jumped ～2.8% after-hour😅 not 28%
  SoftBank's Arm Soars Nearly 25% in Market Debut to $65 Billion Valuation
  SoftBank's Arm soars nearly 25% in market debut to $65 billion valuation
  SoftBank's Arm Soars Nearly 25% in Market Debut to $65 Billion Valuation
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- UranussUranuss
  ·2023-05-30
  They are the definite fortune because they livein US😁😁 See what happened to those chinese billionaires who based their business in the mainland china during the past 3 years😁😁
  Sorry, this post has been deleted
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- UranussUranuss
  ·2023-03-29
  Why never mention how they helped chinese dodge taxes😁😈
  Credit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years
  Credit Suisse, the failed Swiss bank taken over by UBS Group AG in a hastily arranged bailout earlie
  Credit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years
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During the 2010s, the hottest tech trade was the so-called FAANG names — Facebook, Amazon, Apple, Netflix and Google. More recently, members of the “Magnificent Seven” have helped to power this AI-driven bull market. In late 2024, the so-called “BATMANN” stocks swooped to the market’s rescue.</p><p>Over the past year, investors have latched on to the “TACO trade,” and the “NACHO trade,” as geopolitics has become more relevant to markets during President Donald Trump’s second term.</p><p>Now, there is a new label on the scene: The “MANGOS,” shorthand for <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Anthropic, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, Google parent <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>, OpenAI and <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a>. The acronym has drawn attention after SpaceX’sblockbuster market debutlast week, which finally gave public-market investors a chance to buy into one of the most closely watched technology companies in the world.</p><p style=\"text-align: start;\">A handful of ETF filings have already been proposed for funds that aim to invest in these MANGOS stocks, even though two of the names in the cohort — OpenAI and Anthropic — are not yet publicly traded. Both companies have filed paperwork to go public later this year, however.</p><p style=\"text-align: start;\">The pitch is simple: MANGOS is supposed to represent the next generation of high-profile tech companies, now that some members of the “Magnificent Seven” have started to lose their luster.</p><p style=\"text-align: start;\">Now, some investors are trying to figure out whether leadership inside the tech sector is shifting again, especially as the spoils from the AI boom look set to spread from chip makers and cloud giants to large private companies such as OpenAI and Anthropic, as investors await their IPOs.</p><p style=\"text-align: start;\">That has made the hunt for the next group of market leaders more urgent. Some investors may be trimming parts of their “Magnificent Seven” holdings to make room for a newer generation of high-growth AI names, according to Joseph Powers, chief investment officer at RWA Wealth Partners.</p><p style=\"text-align: start;\">The nature of the AI buildout is also evolving. Earlier in the boom, large tech companies could largely pay for their own infrastructure buildout, giving them an advantage over smaller competitors, according to Powers. But as the spending needed to support AI grows, more companies may need to turn to public markets for capital. “We’re going to see how much can be absorbed by these three companies [SpaceX, Anthropic and OpenAI],” Powers said.</p><h3 id=\"id_1467039153\" style=\"text-align: start;\">The MANGOS ETFs </h3><p style=\"text-align: start;\">A few small ETF issuers are already trying to turn that interest into investment products. Corgi ETF Trust I filed for the Corgi MANGOS ETF, which would invest at least 80% of its net assets in securities, derivatives or other instruments tied to Meta, Anthropic, Nvidia, Alphabet, OpenAI and SpaceX. Because OpenAI and Anthropic remain private, the fund may use derivatives, private investment vehicles or other structures to get exposure to those companies, according to the filing.</p><p style=\"text-align: start;\">Yorkville America Investment Trust separately filed for two proposed funds: the Yorkville America MANGO Plus ETF and the Yorkville America MANGO Plus Premium Equity Income ETF. The MANGO Plus ETF would invest at least 80% of its net assets in securities, derivatives or other instruments tied to the MANGOS companies, as well as a separate basket of chip and hardware names including <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>, <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>, <a href=\"https://laohu8.com/S/INTC\">Intel</a> and <a href=\"https://laohu8.com/S/DELL\">Dell Technologies</a>.</p><p style=\"text-align: start;\">The filing says the public MANGOS holdings are expected to be held in roughly equal weights, while exposure to privately held OpenAI and Anthropic would mainly come through perpetual futures contracts. The Premium Equity Income version would invest in a similar group of companies and instruments, while also writing call options tied to the MANGO Plus group.</p><p style=\"text-align: start;\">The filings are still preliminary, and have yet to be approved by the SEC.</p><p style=\"text-align: start;\">However, some ETF analysts say the rush to turn MANGOS into a fund might be more about slick marketing than actual substance.</p><p style=\"text-align: start;\">Such products may be “slightly too clever convenience packages,” according to Dave Nadig, president and director of research at ETF.com. </p><p style=\"text-align: start;\">“There is zero academic justification for taking a couple of non-public companies that maybe you can get an SPV for exposure and a couple of extraordinarily large hyperscalers and sticking them together and calling that an investment thesis,” Nadig said in a phone interview.</p><p style=\"text-align: start;\">The grouping mostly reflects a set of high-momentum, high-visibility names, rather than a clear reason those companies should belong together in one portfolio, he said. </p><p style=\"text-align: start;\">For investors who simply want exposure to the public companies they believe are driving the AI boom, Nadig said buying those stocks directly may be simpler than paying for an ETF wrapper around a small basket of names.</p><p style=\"text-align: start;\">He said such funds may have a place as short-term trading tools, since it is easier to buy one ETF than several individual stocks. But he was skeptical of treating them as long-term investment vehicles.</p><p style=\"text-align: start;\">“There’s some room for these things as trading sardines,” Nadig said, “but there’s not really an investment thesis.”</p><p style=\"text-align: start;\">That may be the larger risk for investors. Wall Street acronyms can be useful when they describe where market power has already concentrated. They can be more dangerous when they turn a story into a product before the story has been tested.</p><p style=\"text-align: start;\">MANGOS captures where investors’ imagination has moved: Toward AI labs, chip makers, cloud giants and newly public growth companies. Whether that becomes the next durable market-leadership group is still an open question, said Nadig.</p><p style=\"text-align: start;\">Representatives at Yorkville America Investment Trust and Corgi ETF Trust I didn’t respond to requests seeking comment.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Can’t Stop Talking About \"MANGOS\" Stocks as the \"Magnificent Seven\" Becomes Passé</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Can’t Stop Talking About \"MANGOS\" Stocks as the \"Magnificent Seven\" Becomes Passé\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-17 08:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Wall Street has a new way to market the AI trade: Take the shares of companies that investors most want to own, including some they still cannot buy, and turn them into an acronym.</p><p style=\"text-align: start;\">It is no secret that stock-market investors love acronyms. During the 2010s, the hottest tech trade was the so-called FAANG names — Facebook, Amazon, Apple, Netflix and Google. More recently, members of the “Magnificent Seven” have helped to power this AI-driven bull market. In late 2024, the so-called “BATMANN” stocks swooped to the market’s rescue.</p><p>Over the past year, investors have latched on to the “TACO trade,” and the “NACHO trade,” as geopolitics has become more relevant to markets during President Donald Trump’s second term.</p><p>Now, there is a new label on the scene: The “MANGOS,” shorthand for <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Anthropic, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, Google parent <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>, OpenAI and <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a>. The acronym has drawn attention after SpaceX’sblockbuster market debutlast week, which finally gave public-market investors a chance to buy into one of the most closely watched technology companies in the world.</p><p style=\"text-align: start;\">A handful of ETF filings have already been proposed for funds that aim to invest in these MANGOS stocks, even though two of the names in the cohort — OpenAI and Anthropic — are not yet publicly traded. Both companies have filed paperwork to go public later this year, however.</p><p style=\"text-align: start;\">The pitch is simple: MANGOS is supposed to represent the next generation of high-profile tech companies, now that some members of the “Magnificent Seven” have started to lose their luster.</p><p style=\"text-align: start;\">Now, some investors are trying to figure out whether leadership inside the tech sector is shifting again, especially as the spoils from the AI boom look set to spread from chip makers and cloud giants to large private companies such as OpenAI and Anthropic, as investors await their IPOs.</p><p style=\"text-align: start;\">That has made the hunt for the next group of market leaders more urgent. Some investors may be trimming parts of their “Magnificent Seven” holdings to make room for a newer generation of high-growth AI names, according to Joseph Powers, chief investment officer at RWA Wealth Partners.</p><p style=\"text-align: start;\">The nature of the AI buildout is also evolving. Earlier in the boom, large tech companies could largely pay for their own infrastructure buildout, giving them an advantage over smaller competitors, according to Powers. But as the spending needed to support AI grows, more companies may need to turn to public markets for capital. “We’re going to see how much can be absorbed by these three companies [SpaceX, Anthropic and OpenAI],” Powers said.</p><h3 id=\"id_1467039153\" style=\"text-align: start;\">The MANGOS ETFs </h3><p style=\"text-align: start;\">A few small ETF issuers are already trying to turn that interest into investment products. Corgi ETF Trust I filed for the Corgi MANGOS ETF, which would invest at least 80% of its net assets in securities, derivatives or other instruments tied to Meta, Anthropic, Nvidia, Alphabet, OpenAI and SpaceX. Because OpenAI and Anthropic remain private, the fund may use derivatives, private investment vehicles or other structures to get exposure to those companies, according to the filing.</p><p style=\"text-align: start;\">Yorkville America Investment Trust separately filed for two proposed funds: the Yorkville America MANGO Plus ETF and the Yorkville America MANGO Plus Premium Equity Income ETF. The MANGO Plus ETF would invest at least 80% of its net assets in securities, derivatives or other instruments tied to the MANGOS companies, as well as a separate basket of chip and hardware names including <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>, <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>, <a href=\"https://laohu8.com/S/INTC\">Intel</a> and <a href=\"https://laohu8.com/S/DELL\">Dell Technologies</a>.</p><p style=\"text-align: start;\">The filing says the public MANGOS holdings are expected to be held in roughly equal weights, while exposure to privately held OpenAI and Anthropic would mainly come through perpetual futures contracts. The Premium Equity Income version would invest in a similar group of companies and instruments, while also writing call options tied to the MANGO Plus group.</p><p style=\"text-align: start;\">The filings are still preliminary, and have yet to be approved by the SEC.</p><p style=\"text-align: start;\">However, some ETF analysts say the rush to turn MANGOS into a fund might be more about slick marketing than actual substance.</p><p style=\"text-align: start;\">Such products may be “slightly too clever convenience packages,” according to Dave Nadig, president and director of research at ETF.com. </p><p style=\"text-align: start;\">“There is zero academic justification for taking a couple of non-public companies that maybe you can get an SPV for exposure and a couple of extraordinarily large hyperscalers and sticking them together and calling that an investment thesis,” Nadig said in a phone interview.</p><p style=\"text-align: start;\">The grouping mostly reflects a set of high-momentum, high-visibility names, rather than a clear reason those companies should belong together in one portfolio, he said. </p><p style=\"text-align: start;\">For investors who simply want exposure to the public companies they believe are driving the AI boom, Nadig said buying those stocks directly may be simpler than paying for an ETF wrapper around a small basket of names.</p><p style=\"text-align: start;\">He said such funds may have a place as short-term trading tools, since it is easier to buy one ETF than several individual stocks. But he was skeptical of treating them as long-term investment vehicles.</p><p style=\"text-align: start;\">“There’s some room for these things as trading sardines,” Nadig said, “but there’s not really an investment thesis.”</p><p style=\"text-align: start;\">That may be the larger risk for investors. Wall Street acronyms can be useful when they describe where market power has already concentrated. They can be more dangerous when they turn a story into a product before the story has been tested.</p><p style=\"text-align: start;\">MANGOS captures where investors’ imagination has moved: Toward AI labs, chip makers, cloud giants and newly public growth companies. Whether that becomes the next durable market-leadership group is still an open question, said Nadig.</p><p style=\"text-align: start;\">Representatives at Yorkville America Investment Trust and Corgi ETF Trust I didn’t respond to requests seeking comment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2644793982","content_text":"Wall Street has a new way to market the AI trade: Take the shares of companies that investors most want to own, including some they still cannot buy, and turn them into an acronym.It is no secret that stock-market investors love acronyms. During the 2010s, the hottest tech trade was the so-called FAANG names — Facebook, Amazon, Apple, Netflix and Google. More recently, members of the “Magnificent Seven” have helped to power this AI-driven bull market. In late 2024, the so-called “BATMANN” stocks swooped to the market’s rescue.Over the past year, investors have latched on to the “TACO trade,” and the “NACHO trade,” as geopolitics has become more relevant to markets during President Donald Trump’s second term.Now, there is a new label on the scene: The “MANGOS,” shorthand for Meta Platforms, Anthropic, Nvidia, Google parent Alphabet, OpenAI and SpaceX. The acronym has drawn attention after SpaceX’sblockbuster market debutlast week, which finally gave public-market investors a chance to buy into one of the most closely watched technology companies in the world.A handful of ETF filings have already been proposed for funds that aim to invest in these MANGOS stocks, even though two of the names in the cohort — OpenAI and Anthropic — are not yet publicly traded. Both companies have filed paperwork to go public later this year, however.The pitch is simple: MANGOS is supposed to represent the next generation of high-profile tech companies, now that some members of the “Magnificent Seven” have started to lose their luster.Now, some investors are trying to figure out whether leadership inside the tech sector is shifting again, especially as the spoils from the AI boom look set to spread from chip makers and cloud giants to large private companies such as OpenAI and Anthropic, as investors await their IPOs.That has made the hunt for the next group of market leaders more urgent. Some investors may be trimming parts of their “Magnificent Seven” holdings to make room for a newer generation of high-growth AI names, according to Joseph Powers, chief investment officer at RWA Wealth Partners.The nature of the AI buildout is also evolving. Earlier in the boom, large tech companies could largely pay for their own infrastructure buildout, giving them an advantage over smaller competitors, according to Powers. But as the spending needed to support AI grows, more companies may need to turn to public markets for capital. “We’re going to see how much can be absorbed by these three companies [SpaceX, Anthropic and OpenAI],” Powers said.The MANGOS ETFs A few small ETF issuers are already trying to turn that interest into investment products. Corgi ETF Trust I filed for the Corgi MANGOS ETF, which would invest at least 80% of its net assets in securities, derivatives or other instruments tied to Meta, Anthropic, Nvidia, Alphabet, OpenAI and SpaceX. Because OpenAI and Anthropic remain private, the fund may use derivatives, private investment vehicles or other structures to get exposure to those companies, according to the filing.Yorkville America Investment Trust separately filed for two proposed funds: the Yorkville America MANGO Plus ETF and the Yorkville America MANGO Plus Premium Equity Income ETF. The MANGO Plus ETF would invest at least 80% of its net assets in securities, derivatives or other instruments tied to the MANGOS companies, as well as a separate basket of chip and hardware names including Advanced Micro Devices, Broadcom, Micron Technology, Intel and Dell Technologies.The filing says the public MANGOS holdings are expected to be held in roughly equal weights, while exposure to privately held OpenAI and Anthropic would mainly come through perpetual futures contracts. The Premium Equity Income version would invest in a similar group of companies and instruments, while also writing call options tied to the MANGO Plus group.The filings are still preliminary, and have yet to be approved by the SEC.However, some ETF analysts say the rush to turn MANGOS into a fund might be more about slick marketing than actual substance.Such products may be “slightly too clever convenience packages,” according to Dave Nadig, president and director of research at ETF.com. “There is zero academic justification for taking a couple of non-public companies that maybe you can get an SPV for exposure and a couple of extraordinarily large hyperscalers and sticking them together and calling that an investment thesis,” Nadig said in a phone interview.The grouping mostly reflects a set of high-momentum, high-visibility names, rather than a clear reason those companies should belong together in one portfolio, he said. For investors who simply want exposure to the public companies they believe are driving the AI boom, Nadig said buying those stocks directly may be simpler than paying for an ETF wrapper around a small basket of names.He said such funds may have a place as short-term trading tools, since it is easier to buy one ETF than several individual stocks. But he was skeptical of treating them as long-term investment vehicles.“There’s some room for these things as trading sardines,” Nadig said, “but there’s not really an investment thesis.”That may be the larger risk for investors. Wall Street acronyms can be useful when they describe where market power has already concentrated. They can be more dangerous when they turn a story into a product before the story has been tested.MANGOS captures where investors’ imagination has moved: Toward AI labs, chip makers, cloud giants and newly public growth companies. Whether that becomes the next durable market-leadership group is still an open question, said Nadig.Representatives at Yorkville America Investment Trust and Corgi ETF Trust I didn’t respond to requests seeking comment.","news_type":1,"symbols_score_info":{"NVDA":1.92,"METD":0.6,"SPCM":0.6,"GOOGL":1.91,"METW":0.6,"NVDB":0.6,"DIPS":0.6,"SPAL":0.6,"NVDO":0.6,"GOU":0.6,"SPCU":0.6,"NVDS.UK":0.6,"NVDL":0.6,"NVYY":0.6,"ANV":0.6,"3NVD.UK":0.6,"NVD2.UK":0.6,"SPAX":0.6,"GOOP":0.6,"NVDX":0.6,"GGLS":0.6,"NVDQ":0.6,"FBY":0.6,"SPCH":0.6,"SPCG":0.6,"07788":0.6,"GOOX":0.6,"2NVD.UK":0.6,"NVDS":0.6,"SPCF":0.6,"FBL":0.6,"NVD":0.6,"GOOW":0.6,"NVIW.SI":0.6,"NVDW":0.6,"SNVD.UK":0.6,"SPCQ":0.6,"FBYY":0.6,"META":1.92,"METU":0.6,"NVII":0.6,"SPCX":1.89,"NVDG":0.6,"GGLL":0.6,"LOFF":0.6,"GOOY":0.6,"SSPC":0.6,"NVDY":0.6,"NVDD":0.6,"07388":0.6,"NVDU":0.6,"NVD3.UK":0.6,"SNK":0.6}},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":423390593999272,"gmtCreate":1744374688718,"gmtModify":1744374693174,"author":{"id":"4142832540264992","authorId":"4142832540264992","name":"Uranuss","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4142832540264992","idStr":"4142832540264992"},"themes":[],"title":"","htmlText":"😂😂tiger great","listText":"😂😂tiger great","text":"😂😂tiger great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/423390593999272","repostId":"1147131389","repostType":2,"isVote":1,"tweetType":1,"viewCount":2967,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219960382091360,"gmtCreate":1694731465571,"gmtModify":1694739551149,"author":{"id":"4142832540264992","authorId":"4142832540264992","name":"Uranuss","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4142832540264992","idStr":"4142832540264992"},"themes":[],"title":"","htmlText":"ARM only jumped ～2.8% after-hour😅 not 28%","listText":"ARM only jumped ～2.8% after-hour😅 not 28%","text":"ARM only jumped ～2.8% after-hour😅 not 28%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219960382091360","repostId":"2367653232","repostType":2,"repost":{"id":"2367653232","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1694730988,"share":"https://ttm.financial/m/news/2367653232?lang=en_US&edition=fundamental","pubTime":"2023-09-15 06:36","market":"us","language":"en","title":"SoftBank's Arm Soars Nearly 25% in Market Debut to $65 Billion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=2367653232","media":"Reuters","summary":"SoftBank's Arm soars nearly 25% in market debut to $65 billion valuation","content":"<html><head></head><body><p style=\"text-align: start;\">Sept 14 (Reuters) - Shares in SoftBank&#39;s Arm Holdings soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).</p><p style=\"text-align: start;\">The stock, which had opened at $56.10, notched a 24.69% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26f6cb26a7d02948dc53b227aa55b62b\" title=\"\" tg-width=\"852\" tg-height=\"618\"/></p><p>The shares jumped another 2.8% in extended trading Thursday.</p><p>Arm&#39;s strong performance suggests that investor demand for initial public offerings, which had been hit hard over the last two years by geopolitical tensions and higher interest rates, may be on the rebound, market participants said.</p><p style=\"text-align: start;\">&#34;It is a successful IPO,&#34; said Salman Malik, partner at Anson Funds in Toronto. &#34;It will have a positive impact on the IPO pipeline and shows the AI theme is alive and kicking.&#34;</p><p>Several companies are scheduled to go public in coming weeks, including grocery delivery service Instacart, German footwear maker Birkenstock, and marketing automation platform Klaviyo.</p><p style=\"text-align: start;\">If those IPOs succeed, they will likely trigger a wave of stock market launches in 2024, bankers and analysts said.</p><p style=\"text-align: start;\">Arm secured a valuation of $54.5 billion on Wednesday after pricing its IPO at the top end of the marketed range, netting $4.87 billion for SoftBank, which still holds a 90.6% stake.</p><p>The Japanese investment giant took Arm private in 2016 for $32 billion. It has been looking to cash out some of its stake since at least 2020, when it agreed to sell Arm to chipmaker Nvidia (NVDA.O) in a $40 billion deal. It had to abandon that plan due to regulatory roadblocks.</p><p style=\"text-align: start;\">Since then it has pivoted towards an IPO, though that also came with its own hurdles, including run-ins with the British government which was campaigning for the chip designer to list in London.</p><p style=\"text-align: start;\">Despite a strong showing on Thursday, Arm&#39;s debut marks a climb-down from the $64 billion it was valued at last month when SoftBank bought the 25% stake of Arm it did not directly own from its Vision Fund unit.</p><p style=\"text-align: start;\">But that has not dampened SoftBank CEO Masayoshi Son&#39;s enthusiasm for Arm, the chip designer&#39;s Chief Financial Officer Jason Child said in an interview on Thursday.</p><p style=\"text-align: start;\">&#34;He is quite bullish on the company. The price today or even in the near term isn&#39;t really his focus, the focus is where&#39;s the price gonna be in the in the future.&#34;</p><p style=\"text-align: start;\">Arm is indispensable in the tech hardware ecosystem as its chip designs power nearly every smartphone in the world. It disclosed last month that its annual revenue had dropped 1% as its two largest markets - smartphones and personal computers - slumped.</p><p style=\"text-align: start;\">Child said Arm can still boost sales as it was reaping a 5% royalty rate on chips made with the newest technology versus 3% with the previous version. Premium phones are more likely to use Arm&#39;s most advanced technology.</p><p style=\"text-align: start;\">The closest valuation comparison to Arm is circuit designer Cadence Design Systems, said some bankers who have worked on the IPO. Cadence trades at 35 times of 2025 earnings, while Arm at $51 per share trades at 29 times earnings.</p><h2 id=\"id_1403827317\" style=\"text-align: start;\">&#39;HUMILITY&#39;</h2><p style=\"text-align: start;\">Investors have over the last year begun to pay more attention to profitability, shunning cash-burning startups that had in 2021 fetched lofty valuations on the back of a record year for deals.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1968cbbb853c93aace1b013301977bf\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"362\"/><span>Reuters Graphics</span></p><p style=\"text-align: start;\">The 10 biggest U.S. IPOs of the past four years are down an average of 47% from the closing price on their first day of trading, the analysis of LSEG data as of Friday showed.</p><p style=\"text-align: start;\">Investors who bought at the top of an intra-day price surge that often occurs in high-profile listings would have fared even worse, with an average loss of 53%.</p><p style=\"text-align: start;\">&#34;The deal was priced within its range, which tells me that investors are price sensitive and boards and investment banks are showing a little bit of humility,&#34; said Jordan Stuart, a portfolio manager at Federated Hermes.</p><p style=\"text-align: start;\">While Arm&#39;s strong debut will likely encourage other technology companies to move forward with their IPOs, it does not likely signal a return to the frothy market of 2021, Stuart said.</p><p style=\"text-align: start;\">Sectors such as biotech will likely remain dormant for the next one to two years until interest rates begin to fall, making stocks more attractive relative to bonds, he said.</p><p style=\"text-align: start;\">&#34;You will see not only a discernment among investors but some sectors completely absent from the market until the rate regime changes.&#34;</p><h2 id=\"id_980447836\" style=\"text-align: start;\">NASDAQ SCORES</h2><p style=\"text-align: start;\">Arm&#39;s debut also gives the Nasdaq, which won the listing, a potential boost to future revenue growth.</p><p style=\"text-align: start;\">Large deals like Arm provide the Nasdaq with short-term publicity and is a long-term bet to boost recurring revenue the exchange collects from annual listing fees, analysts said.</p><p style=\"text-align: start;\">&#34;Anytime it (Nasdaq) gets a new listed company, it&#39;s able to drive revenue not just through the listing, but also through the other services that it sells to these listed companies on their exchange,&#34; said Andrew Bond, managing director and senior fintech analyst, at Rosenblatt Securities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7c7bda7b1abf587cdfd13d24cff202a\" title=\"Reuters Graphics\" tg-width=\"776\" tg-height=\"582\"/><span>Reuters Graphics</span></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>SoftBank's Arm Soars Nearly 25% in Market Debut to $65 Billion Valuation</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; 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}\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\">\nSoftBank's Arm Soars Nearly 25% in Market Debut to $65 Billion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-09-15 06:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Sept 14 (Reuters) - Shares in SoftBank&#39;s Arm Holdings soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).</p><p style=\"text-align: start;\">The stock, which had opened at $56.10, notched a 24.69% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26f6cb26a7d02948dc53b227aa55b62b\" title=\"\" tg-width=\"852\" tg-height=\"618\"/></p><p>The shares jumped another 2.8% in extended trading Thursday.</p><p>Arm&#39;s strong performance suggests that investor demand for initial public offerings, which had been hit hard over the last two years by geopolitical tensions and higher interest rates, may be on the rebound, market participants said.</p><p style=\"text-align: start;\">&#34;It is a successful IPO,&#34; said Salman Malik, partner at Anson Funds in Toronto. &#34;It will have a positive impact on the IPO pipeline and shows the AI theme is alive and kicking.&#34;</p><p>Several companies are scheduled to go public in coming weeks, including grocery delivery service Instacart, German footwear maker Birkenstock, and marketing automation platform Klaviyo.</p><p style=\"text-align: start;\">If those IPOs succeed, they will likely trigger a wave of stock market launches in 2024, bankers and analysts said.</p><p style=\"text-align: start;\">Arm secured a valuation of $54.5 billion on Wednesday after pricing its IPO at the top end of the marketed range, netting $4.87 billion for SoftBank, which still holds a 90.6% stake.</p><p>The Japanese investment giant took Arm private in 2016 for $32 billion. It has been looking to cash out some of its stake since at least 2020, when it agreed to sell Arm to chipmaker Nvidia (NVDA.O) in a $40 billion deal. It had to abandon that plan due to regulatory roadblocks.</p><p style=\"text-align: start;\">Since then it has pivoted towards an IPO, though that also came with its own hurdles, including run-ins with the British government which was campaigning for the chip designer to list in London.</p><p style=\"text-align: start;\">Despite a strong showing on Thursday, Arm&#39;s debut marks a climb-down from the $64 billion it was valued at last month when SoftBank bought the 25% stake of Arm it did not directly own from its Vision Fund unit.</p><p style=\"text-align: start;\">But that has not dampened SoftBank CEO Masayoshi Son&#39;s enthusiasm for Arm, the chip designer&#39;s Chief Financial Officer Jason Child said in an interview on Thursday.</p><p style=\"text-align: start;\">&#34;He is quite bullish on the company. The price today or even in the near term isn&#39;t really his focus, the focus is where&#39;s the price gonna be in the in the future.&#34;</p><p style=\"text-align: start;\">Arm is indispensable in the tech hardware ecosystem as its chip designs power nearly every smartphone in the world. It disclosed last month that its annual revenue had dropped 1% as its two largest markets - smartphones and personal computers - slumped.</p><p style=\"text-align: start;\">Child said Arm can still boost sales as it was reaping a 5% royalty rate on chips made with the newest technology versus 3% with the previous version. Premium phones are more likely to use Arm&#39;s most advanced technology.</p><p style=\"text-align: start;\">The closest valuation comparison to Arm is circuit designer Cadence Design Systems, said some bankers who have worked on the IPO. Cadence trades at 35 times of 2025 earnings, while Arm at $51 per share trades at 29 times earnings.</p><h2 id=\"id_1403827317\" style=\"text-align: start;\">&#39;HUMILITY&#39;</h2><p style=\"text-align: start;\">Investors have over the last year begun to pay more attention to profitability, shunning cash-burning startups that had in 2021 fetched lofty valuations on the back of a record year for deals.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1968cbbb853c93aace1b013301977bf\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"362\"/><span>Reuters Graphics</span></p><p style=\"text-align: start;\">The 10 biggest U.S. IPOs of the past four years are down an average of 47% from the closing price on their first day of trading, the analysis of LSEG data as of Friday showed.</p><p style=\"text-align: start;\">Investors who bought at the top of an intra-day price surge that often occurs in high-profile listings would have fared even worse, with an average loss of 53%.</p><p style=\"text-align: start;\">&#34;The deal was priced within its range, which tells me that investors are price sensitive and boards and investment banks are showing a little bit of humility,&#34; said Jordan Stuart, a portfolio manager at Federated Hermes.</p><p style=\"text-align: start;\">While Arm&#39;s strong debut will likely encourage other technology companies to move forward with their IPOs, it does not likely signal a return to the frothy market of 2021, Stuart said.</p><p style=\"text-align: start;\">Sectors such as biotech will likely remain dormant for the next one to two years until interest rates begin to fall, making stocks more attractive relative to bonds, he said.</p><p style=\"text-align: start;\">&#34;You will see not only a discernment among investors but some sectors completely absent from the market until the rate regime changes.&#34;</p><h2 id=\"id_980447836\" style=\"text-align: start;\">NASDAQ SCORES</h2><p style=\"text-align: start;\">Arm&#39;s debut also gives the Nasdaq, which won the listing, a potential boost to future revenue growth.</p><p style=\"text-align: start;\">Large deals like Arm provide the Nasdaq with short-term publicity and is a long-term bet to boost recurring revenue the exchange collects from annual listing fees, analysts said.</p><p style=\"text-align: start;\">&#34;Anytime it (Nasdaq) gets a new listed company, it&#39;s able to drive revenue not just through the listing, but also through the other services that it sells to these listed companies on their exchange,&#34; said Andrew Bond, managing director and senior fintech analyst, at Rosenblatt Securities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7c7bda7b1abf587cdfd13d24cff202a\" title=\"Reuters Graphics\" tg-width=\"776\" tg-height=\"582\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARM":"ARM Holdings","BK4132":"无线电信业务"},"source_url":"https://news.google.com/rss/articles/CBMiZmh0dHBzOi8vd3d3LnJldXRlcnMuY29tL21hcmtldHMvZGVhbHMvc29mdGJhbmtzLWFybS1zZXQtZGVidXQtbmFzZGFxLWFmdGVyLWJsb2NrYnVzdGVyLWlwby0yMDIzLTA5LTE0L9IBAA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2367653232","content_text":"Sept 14 (Reuters) - Shares in SoftBank's Arm Holdings soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround in the moribund market for initial public offerings (IPO).The stock, which had opened at $56.10, notched a 24.69% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.The shares jumped another 2.8% in extended trading Thursday.Arm's strong performance suggests that investor demand for initial public offerings, which had been hit hard over the last two years by geopolitical tensions and higher interest rates, may be on the rebound, market participants said.\"It is a successful IPO,\" said Salman Malik, partner at Anson Funds in Toronto. \"It will have a positive impact on the IPO pipeline and shows the AI theme is alive and kicking.\"Several companies are scheduled to go public in coming weeks, including grocery delivery service Instacart, German footwear maker Birkenstock, and marketing automation platform Klaviyo.If those IPOs succeed, they will likely trigger a wave of stock market launches in 2024, bankers and analysts said.Arm secured a valuation of $54.5 billion on Wednesday after pricing its IPO at the top end of the marketed range, netting $4.87 billion for SoftBank, which still holds a 90.6% stake.The Japanese investment giant took Arm private in 2016 for $32 billion. It has been looking to cash out some of its stake since at least 2020, when it agreed to sell Arm to chipmaker Nvidia (NVDA.O) in a $40 billion deal. It had to abandon that plan due to regulatory roadblocks.Since then it has pivoted towards an IPO, though that also came with its own hurdles, including run-ins with the British government which was campaigning for the chip designer to list in London.Despite a strong showing on Thursday, Arm's debut marks a climb-down from the $64 billion it was valued at last month when SoftBank bought the 25% stake of Arm it did not directly own from its Vision Fund unit.But that has not dampened SoftBank CEO Masayoshi Son's enthusiasm for Arm, the chip designer's Chief Financial Officer Jason Child said in an interview on Thursday.\"He is quite bullish on the company. The price today or even in the near term isn't really his focus, the focus is where's the price gonna be in the in the future.\"Arm is indispensable in the tech hardware ecosystem as its chip designs power nearly every smartphone in the world. It disclosed last month that its annual revenue had dropped 1% as its two largest markets - smartphones and personal computers - slumped.Child said Arm can still boost sales as it was reaping a 5% royalty rate on chips made with the newest technology versus 3% with the previous version. Premium phones are more likely to use Arm's most advanced technology.The closest valuation comparison to Arm is circuit designer Cadence Design Systems, said some bankers who have worked on the IPO. Cadence trades at 35 times of 2025 earnings, while Arm at $51 per share trades at 29 times earnings.'HUMILITY'Investors have over the last year begun to pay more attention to profitability, shunning cash-burning startups that had in 2021 fetched lofty valuations on the back of a record year for deals.Reuters GraphicsThe 10 biggest U.S. IPOs of the past four years are down an average of 47% from the closing price on their first day of trading, the analysis of LSEG data as of Friday showed.Investors who bought at the top of an intra-day price surge that often occurs in high-profile listings would have fared even worse, with an average loss of 53%.\"The deal was priced within its range, which tells me that investors are price sensitive and boards and investment banks are showing a little bit of humility,\" said Jordan Stuart, a portfolio manager at Federated Hermes.While Arm's strong debut will likely encourage other technology companies to move forward with their IPOs, it does not likely signal a return to the frothy market of 2021, Stuart said.Sectors such as biotech will likely remain dormant for the next one to two years until interest rates begin to fall, making stocks more attractive relative to bonds, he said.\"You will see not only a discernment among investors but some sectors completely absent from the market until the rate regime changes.\"NASDAQ SCORESArm's debut also gives the Nasdaq, which won the listing, a potential boost to future revenue growth.Large deals like Arm provide the Nasdaq with short-term publicity and is a long-term bet to boost recurring revenue the exchange collects from annual listing fees, analysts said.\"Anytime it (Nasdaq) gets a new listed company, it's able to drive revenue not just through the listing, but also through the other services that it sells to these listed companies on their exchange,\" said Andrew Bond, managing director and senior fintech analyst, at Rosenblatt Securities.Reuters Graphics","news_type":1,"symbols_score_info":{"ARM":0.6}},"isVote":1,"tweetType":1,"viewCount":4675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979901464,"gmtCreate":1685403432559,"gmtModify":1685410288849,"author":{"id":"4142832540264992","authorId":"4142832540264992","name":"Uranuss","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4142832540264992","idStr":"4142832540264992"},"themes":[],"title":"","htmlText":"They are the definite fortune because they livein US😁😁 See what happened to those chinese billionaires who based their&nbsp;business in the mainland china during the past 3 years😁😁","listText":"They are the definite fortune because they livein US😁😁 See what happened to those chinese billionaires who based their&nbsp;business in the mainland china during the past 3 years😁😁","text":"They are the definite fortune because they livein US😁😁 See what happened to those chinese billionaires who based their business in the mainland china during the past 3 years😁😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979901464","repostId":"2339427334","repostType":2,"isVote":1,"tweetType":1,"viewCount":3713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941178232,"gmtCreate":1680087454627,"gmtModify":1680087914218,"author":{"id":"4142832540264992","authorId":"4142832540264992","name":"Uranuss","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4142832540264992","idStr":"4142832540264992"},"themes":[],"title":"","htmlText":"Why never mention how they helped chinese dodge taxes😁😈","listText":"Why never mention how they helped chinese dodge taxes😁😈","text":"Why never mention how they helped chinese dodge taxes😁😈","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941178232","repostId":"1159842100","repostType":2,"repost":{"id":"1159842100","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":1680086997,"share":"https://ttm.financial/m/news/1159842100?lang=en_US&edition=fundamental","pubTime":"2023-03-29 18:49","market":"us","language":"en","title":"Credit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1159842100","media":"Tiger Newspress","summary":"Credit Suisse, the failed Swiss bank taken over by UBS Group AG in a hastily arranged bailout earlie","content":"<html><head></head><body><p>Credit Suisse, the failed Swiss bank taken over by UBS Group AG in a hastily arranged bailout earlier this month, may bring with it a fresh set of regulatory and legal problems for its new owner, reported CNBC.</p><p>For years, the private bank has provided a safe haven for wealthy American clients to hide assets from the IRS — even after it was caught and prosecuted for doing the same thing more than a decade ago, according two former Credit Suisse bankers who spoke in exclusive interviews with CNBC and are working with the U.S. government as whistleblowers.</p><p>The bank notoriously pleaded guilty in 2014 to criminal charges for &#34;knowingly and willfully&#34; helping thousands of U.S. clients conceal their offshore assets and income from the IRS. It admitted at the time that it used sham entities, destroyed account records and hand delivered cash to American clients to avert IRS detection — agreeing to crack down on U.S. tax dodgers going forward as part of its plea deal. Credit Suisse also agreed at the time to a host of reforms, including disclosing its cross-border activities and cooperating with authorities when they request information, among other things.</p><p>The now troubled bank appears to have violated that agreement, according to a new report by the Senate Finance Committee that details ongoing and rampant abuse since then. The report, released Wednesday, details the findings of the panel&#39;s two-year investigation and takes on more urgency given the looming banking crisis. The Swiss National Bank injected more than $100 billion of liquidity into Credit Suisse to keep it afloat earlier this month, while the Swiss government agreed to provide UBS with some $9 billion to backstop losses resulting from the takeover.</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>Credit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years</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\">\nCredit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-29 18:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Credit Suisse, the failed Swiss bank taken over by UBS Group AG in a hastily arranged bailout earlier this month, may bring with it a fresh set of regulatory and legal problems for its new owner, reported CNBC.</p><p>For years, the private bank has provided a safe haven for wealthy American clients to hide assets from the IRS — even after it was caught and prosecuted for doing the same thing more than a decade ago, according two former Credit Suisse bankers who spoke in exclusive interviews with CNBC and are working with the U.S. government as whistleblowers.</p><p>The bank notoriously pleaded guilty in 2014 to criminal charges for &#34;knowingly and willfully&#34; helping thousands of U.S. clients conceal their offshore assets and income from the IRS. It admitted at the time that it used sham entities, destroyed account records and hand delivered cash to American clients to avert IRS detection — agreeing to crack down on U.S. tax dodgers going forward as part of its plea deal. Credit Suisse also agreed at the time to a host of reforms, including disclosing its cross-border activities and cooperating with authorities when they request information, among other things.</p><p>The now troubled bank appears to have violated that agreement, according to a new report by the Senate Finance Committee that details ongoing and rampant abuse since then. The report, released Wednesday, details the findings of the panel&#39;s two-year investigation and takes on more urgency given the looming banking crisis. The Swiss National Bank injected more than $100 billion of liquidity into Credit Suisse to keep it afloat earlier this month, while the Swiss government agreed to provide UBS with some $9 billion to backstop losses resulting from the takeover.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159842100","content_text":"Credit Suisse, the failed Swiss bank taken over by UBS Group AG in a hastily arranged bailout earlier this month, may bring with it a fresh set of regulatory and legal problems for its new owner, reported CNBC.For years, the private bank has provided a safe haven for wealthy American clients to hide assets from the IRS — even after it was caught and prosecuted for doing the same thing more than a decade ago, according two former Credit Suisse bankers who spoke in exclusive interviews with CNBC and are working with the U.S. government as whistleblowers.The bank notoriously pleaded guilty in 2014 to criminal charges for \"knowingly and willfully\" helping thousands of U.S. clients conceal their offshore assets and income from the IRS. It admitted at the time that it used sham entities, destroyed account records and hand delivered cash to American clients to avert IRS detection — agreeing to crack down on U.S. tax dodgers going forward as part of its plea deal. Credit Suisse also agreed at the time to a host of reforms, including disclosing its cross-border activities and cooperating with authorities when they request information, among other things.The now troubled bank appears to have violated that agreement, according to a new report by the Senate Finance Committee that details ongoing and rampant abuse since then. The report, released Wednesday, details the findings of the panel's two-year investigation and takes on more urgency given the looming banking crisis. The Swiss National Bank injected more than $100 billion of liquidity into Credit Suisse to keep it afloat earlier this month, while the Swiss government agreed to provide UBS with some $9 billion to backstop losses resulting from the takeover.","news_type":1,"symbols_score_info":{"CS":0.9,"UBS":0.9}},"isVote":1,"tweetType":1,"viewCount":3087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}