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Eddielkh
Eddielkh
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2023-03-13
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Eddielkh
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2023-03-13
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Fed Discusses Easing Access to Discount Window to Help Banks
(Bloomberg) -- The Federal Reserve is considering easing the terms of banks’ access to its discount
Fed Discusses Easing Access to Discount Window to Help Banks
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2023-03-13
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Signature Bank Closed by New York Regulators in SVB’s Wake
Funds protected under exemption like Silicon Valley Bank’sAll Signature depositors ‘will be made who
Signature Bank Closed by New York Regulators in SVB’s Wake
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Eddielkh
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2023-03-13
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Apple’s New Challenge: A Wave of Key Executives Leaving the Company
Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its s
Apple’s New Challenge: A Wave of Key Executives Leaving the Company
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Eddielkh
Eddielkh
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2023-03-11
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Eddielkh
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2023-03-11
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Why Coinbase Global Stock Plummeted by 8% Friday
It's guilt by association time in the market following the Silicon Valley Bank swoon.
Why Coinbase Global Stock Plummeted by 8% Friday
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Eddielkh
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2023-03-11
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Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023
U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved fo
Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023
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Eddielkh
Eddielkh
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2023-03-11
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Jobs Report, Bank Failure Complicate Outlook on Interest Rates
Fed officials could debate whether to raise rates by a quarter- or half-percentage-point at their next meeting
Jobs Report, Bank Failure Complicate Outlook on Interest Rates
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Eddielkh
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2023-03-11
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Banking Regulators Shutter SVB, Collapse Unnerves Investors
California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branc
Banking Regulators Shutter SVB, Collapse Unnerves Investors
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Eddielkh
Eddielkh
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2023-03-10
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2 Stocks That Turned $10,000 Into $24,000 (or More)
Consumer staples stocks aren't exciting, but they are reliable. And given enough time, that can easily double your money.
2 Stocks That Turned $10,000 Into $24,000 (or More)
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content=\"telephone=no,email=no,address=no\" />\n<title>Fed Discusses Easing Access to Discount Window to Help Banks</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{ 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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 Discusses Easing Access to Discount Window to Help Banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 07:54 GMT+8 <a href=https://finance.yahoo.com/news/fed-discusses-easing-access-discount-202936940.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-discusses-easing-access-discount-202936940.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/fed-discusses-easing-access-discount-202936940.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319670895","content_text":"(Bloomberg) -- The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses that toppled SVB Financial Group.Such a move would increase the ability of banks to keep up with demands from depositors to withdraw, without having to book losses by selling bonds and other assets that have deteriorated in value amid interest-rate increases — the dynamic that caused SVB to collapse on Friday.The changes under discussion were described by people with knowledge of the matter, who asked not to be named because the talks are confidential. The Fed declined to comment.Some banks began drawing on the discount window Friday, seeking to shore up liquidity after authorities seized SVB’s Silicon Valley Bank, people familiar with the situation said, the latest sign of mounting stress among the nation’s lenders. In doing so, banks were reaching beyond the so-called lender of second-to-last resort, the Federal Home Loan Bank System, which has seen a surge in borrowing over the past year.Unclear is how many banks did so. At least one would have normally used the New York FHLB. In a statement, the New York FHLB said it had experienced “heightened demand from our members as they reacted to a volatile market” but was able to honor borrowing requests made on Friday.The Fed currently has two lending programs under the discount window. The primary credit program is for healthy banks that can bring collateral to the Fed and get loans at a slight penalty to their overnight lending rate, known as the federal funds rate.There is a second program called secondary credit which is aimed at troubled banks, which involves higher penalty rates and shorter terms on loans.The Fed typically haircuts assets in both program to insure itself against risk. For example, Treasuries dated longer than 10 years suffer a 5% haircut to account for their volatility. The haircuts could be changed by the Fed so they pay out more credit on relatively safe pools of collateral.Use and terms of the discount window are within the scope of the Fed’s own decision-making and avoids the multi-agency sign-off required in an emergency lending facility.","news_type":1,"symbols_score_info":{"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":2266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949673508,"gmtCreate":1678665873607,"gmtModify":1678665877609,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949673508","repostId":"1124991329","repostType":4,"repost":{"id":"1124991329","kind":"news","pubTimestamp":1678663848,"share":"https://ttm.financial/m/news/1124991329?lang=&edition=fundamental","pubTime":"2023-03-13 07:30","market":"us","language":"en","title":"Signature Bank Closed by New York Regulators in SVB’s Wake","url":"https://stock-news.laohu8.com/highlight/detail?id=1124991329","media":"Bloomberg","summary":"Funds protected under exemption like Silicon Valley Bank’sAll Signature depositors ‘will be made who","content":"<div>\n<p>Funds protected under exemption like Silicon Valley Bank’sAll Signature depositors ‘will be made whole,’ regulators saySignature Bank was closed by New York state financial regulators on Sunday as the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-12/signature-bank-closed-by-new-state-regulators-fdic-says\">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>Signature Bank Closed by New York Regulators in SVB’s Wake</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\">\nSignature Bank Closed by New York Regulators in SVB’s Wake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 07:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-12/signature-bank-closed-by-new-state-regulators-fdic-says><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Funds protected under exemption like Silicon Valley Bank’sAll Signature depositors ‘will be made whole,’ regulators saySignature Bank was closed by New York state financial regulators on Sunday as the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-12/signature-bank-closed-by-new-state-regulators-fdic-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SI":"Shoulder Innovations, Inc.","SBNY":"签字银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-12/signature-bank-closed-by-new-state-regulators-fdic-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124991329","content_text":"Funds protected under exemption like Silicon Valley Bank’sAll Signature depositors ‘will be made whole,’ regulators saySignature Bank was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of SVB Financial Group’s Silicon Valley Bank spreads to other lenders.Depositors at the New York-based bank will have access to their money under “a similar systemic risk exception” to one that will allow Silicon Valley Bank clients to get their money on Monday, the Treasury Department, the Federal Reserve and the Federal Insurance Deposit Corp. said in a joint statement Sunday.“All depositors of this institution will be made whole,” the regulators said. “As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.”The decision to put Signature into receivership came as a surprise to its managers, who found out shortly before the public announcement, said a person familiar with the company’s operations. The bank faced a torrent of deposit outflows on Friday, but the situation had stabilized by Sunday, the person said, asking not to be identified discussing a private matter.A Signature Bank representative declined to comment.Signature Bank, a New York state-chartered commercial bank that’s FDIC-insured, had total assets of about $110.36 billion and total deposits of roughly $88.59 billion as of Dec. 31, the New York Department of Financial Services said in a separate statement.Silicon Valley Bank abruptly became the biggest US lender to fail in more than a decade on Friday, unraveling in less than 48 hours after outlining a plan to shore up capital. The bank took a huge loss on sales of its securities amid rising interest rates, spooking investors and depositors who rapidly began pulling their money. On Thursday alone, investors and depositors tried to yank about $42 billion.Protecting DepositorsUS regulators are racing against the clock to find solutions for failed Silicon Valley Bank and stop a potential contagion from spreading to other lenders. Treasury Secretary Janet Yellen said Sunday that she approved a resolution for Silicon Valley Bank “that fully protects all depositors.” Concern about the health of other smaller banks focused on the venture capital and startup communities is prompting regulators to consider extraordinary measures to protect financial institutions and their depositors.New York’s Department of Financial Services is in “close contact with all regulated entities in light of market events, monitoring market trends and collaborating closely with other state and federal regulators to protect consumers, ensure the health of the entities we regulate and preserve the stability of the global financial system,” Superintendent Adrienne A. Harris said in her agency’s statement.Signature Bank came under the spotlight with the collapse of the FTX crypto exchange late last year.FTX had accounts with Signature Bank, which the company said represented less than 0.1% of its overall deposits. In December, after FTX’s collapse, Signature said it planned to shed as much as $10 billion in deposits from digital-asset clients. That would bring crypto-related deposits to around 15% to 20% of its total, and the bank said it would cap the share of deposits from any single digital-asset client.Silvergate Capital Corp., another bank hit hard by FTX’s implosion that spent recent weeks bombarded by short sellers, deserted by depositors and shunned by business partners, said last week it was closing its doors, just days before Silicon Valley Bank’s seizure.","news_type":1,"symbols_score_info":{"SI":0.9,"SBNY":0.9,"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":2824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949673253,"gmtCreate":1678665859372,"gmtModify":1678665862460,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949673253","repostId":"1163367998","repostType":4,"repost":{"id":"1163367998","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":1678663474,"share":"https://ttm.financial/m/news/1163367998?lang=&edition=fundamental","pubTime":"2023-03-13 07:24","market":"us","language":"en","title":"Apple’s New Challenge: A Wave of Key Executives Leaving the Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1163367998","media":"Tiger Newspress","summary":"Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its s","content":"<html><head></head><body><p>Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India, a yellow iPhone arrives, and Amazon’s Ring and Sonos introduce key new products.</p><h3>The Starters</h3><p>Apple Inc., known for its stability at the top, is facing a new challenge: an unprecedented level of turnover in its executive ranks.</p><p>Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives. Most of these people carried the title of vice president, which is just below the senior vice president level that reports to Chief Executive Officer Tim Cook. They are some of the most important figures at Apple, responsible for day-to-day operation of many core functions.</p><p>The departures included vice presidents overseeing such fields as industrial design, theonline store, information systems, Apple’s cloud efforts, aspects ofhardwareandsoftwareengineering,privacy matters,sales in emerging markets,subscription services and procurement. In all, that’s 11 key people — a far higher amount of turnover than we’ve seen in recent memory.</p><p>In past years, Apple may have lost one or two VPs during a 12-month window, like when the head of its self-driving car projectboltedfor Ford Motor Co. in 2021. To have such a large group leaving now — regardless of whether they retired, were pushed out, quit or left for another company — is notable.</p><p>Of course, there has been an influx of executives as well. Apple brought in a newchief people officer to take over duties held by retail boss Deirde O’Brien and a chief information officer to replace Mary Demby and David Smoley.</p><p>But in most cases, the departures have led Apple to redistribute responsibilities or promote people from within:</p><ul><li>Online store VP Anna Matthiasson was replaced by a direct report, Karen Rasmussen.</li><li>The responsibilities of Tony Blevins, who ran procurement, were shifted to his peer, Dan Rosckes, and a promoted direct report, David Tom.</li><li>The sales VP in charge of emerging markets, Hugues Asseman, saw his role split between India Managing Director Ashish Chowdhary and Europe Senior Director Juan Castellanos.</li><li>Hardware executive Laura Legros’s duties were shifted to a peer, Yannick Bertolus, the vice president of hardware integrity. His role was then assumed by Tom Marieb, a promoted direct report.</li><li>Software VP John Stauffer was replaced by two direct reports: Jeremy Sandmel and David Biderman.</li><li>The role of services honcho Peter Stern was split between Apple Music VP Oliver Schusser, service design head Robert Kondrk and Corporate Development VP Adrian Perica.</li><li>Cloud chief Michael Abbott’s role will be assumed by Jeff Robbin, vice president of services engineering, starting in April.</li></ul><p>In those examples, Apple had successors who could step up — or at least some executives who could take on the departed employee’s responsibilities. But in the case of Evans Hankey, the company’s outgoing head of industrial design, Apple couldn’t find a replacement. Instead, it’s having the individual members of the design team report to Chief Operating Officer Jeff Williams. Similarly, Apple didn’t replace its chief privacy officer.</p><p>Most of the recent departures were of Apple veterans, people who have been at the company 15-plus years. But in the case of its design and services vice presidents, among others, Apple lost executives in the prime of their careers who could have, one day, potentially reached the senior vice president level.</p><p>Moreover, I’ve been warned that this flurry of exits may just be the beginning. There are quite a few vice presidents at Apple who have been there for decades and could retire in the next few years.</p><p>Apple’s highest layer is in a similar position: 10 of its top 12 executives are about the same age. Half of them joined before the year 2000, and the age gap between CEO Cook and his most likely successor, operating chief Williams, is only about two years.</p><p>Longtime Apple mainstays who helped reinvent the company are also nearing the end of their careers. Former marketing chief Phil Schiller is stepping into a smaller Apple Fellow role focused on the App Store and media events, and Dan Riccio is shedding all hardware engineering responsibilities except the mixed-reality headset team.</p><p>The lower ranks could be ripe for turnover as well. People within Apple believe that some executives at the director and senior director levels (the two management tiers directly below vice president) also are considering stepping down in the not-too-distant future.</p><p>The pace of departures may stem in part from the growing burden of responsibilities placed on managers, in addition to other factors:</p><ul><li>The company has become more bureaucratic over the years, especially when it comes to product development.</li><li>It’s a massive global corporation, and that can mean it’s difficult to make an individual difference. Internal politics and cross-department wrangling can make it all the harder to navigate.</li><li>Resources have been shifted to longer-term initiatives, some of which may take years to be ready (if they ever are). Some managers were probably upset about losing people to endeavors like the company’s mixed-reality group and self-driving vehicle team.</li></ul><p>In some cases, Apple vice presidents wereconsidered to be candidates to replace the senior vice president of their organization — a move that can come with a four- or fivefold pay increase. But they were likely never given clarity on if or when that may happen. In the case of Hankey, the outgoing design leader, there was said to have been a lack of empowerment — including the ability to override engineering decisions made by other departments.</p><p>Apple’s structure itself is a source of stress. The company is organized functionally, which means that teams contribute to all its big products. For instance, a vice president of hardware engineering would be helping oversee parts of the iPhone, Apple Watch, iPad, Mac and AirPods. And a software engineering leader would be running teams that contribute to iOS, macOS, watchOS and tvOS, which operate on dozens of hardware products.</p><p>That organization made sense in the early days of Apple, but has led to increased product development delays, resources being spread too thin, and additional engineering complexity. There are benefits too, of course. It lets Apple put its best minds on every item in the portfolio.</p><p>Finally, let’s not forget one of the biggest reasons people leave a job: money. Apple’s stock fell nearly 30% last year, following three years of major gains. That’s weighed on compensation. In the case of an Apple vice president, stock can be well over half of pay.</p><p>On that front, even Cook has taken a hit. On Friday, Apple shareholdersapprovedanew pay packagethat included a roughly 40% reduction. Over 80% of his 2023 income will be in stock, with 75% of that tied to company performance.</p><p>But nobody should be truly worried about the CEO going anywhere soon: His shares continue to vest into 2027.</p><h3>The Bench</h3><p>Apple puts a new focus on India. The company is shaking up its sales operations abroad with the goal of giving increased prominence to India. The nation has quickly become key for Apple: As revenue fell globally during the holiday quarter, it actually increased in India.</p><p>With developed economies growing more slowly, Apple is going to need to turn more aggressively to emerging markets. That will be helped by organizational changes. The head of the India business — Ashish Chowdhary — is being promoted to report directly to sales chief Mike Fenger.</p><p>This marks the first time that India will become its own sales segment for Apple, splitting the country off from Eastern Europe, the Middle East, Africa and the Mediterranean.</p><p>It’s not a given that India will ever become a China-like market for Apple, but that’s certainly the hope. “We are, in essence, taking what we learned in China years ago,” Cook said earlier this year, “and bringing that to bear.”</p><p><b>A yellow iPhone 14 arrives.</b>There’s a new iPhone, but there’s also no new iPhone. As is typical for Apple during this spring season, the companylaunched a new iPhone color — in this case, yellow — while keeping the rest of the device the same.</p><p>I’m not a fan of the color at all, but it certainly has gotten some people buzzing about the iPhone 14 months after its debut. And that’s really the whole point of this exercise.</p><p>For some history, Apple previously popped outProduct Red, purple and green iPhones around March or April in past years. With the purple color, Apple kept the new shade exclusive to the lower-end iPhone 12s. But last year’sgreen came in two variations: one for the lower-end iPhone 13s and one for the Pro models. This time around, the iPhone 14 Pros didn’t get a new color.</p><p>The fact that the company already debuted the yellow model — plusApple Music Classical — rules out the possibility of a big launch event in the near future. That fits with Applepushing back the debutof its first mixed-reality headset until June at WWDC.</p><p><b>Amazon.com Inc.’s Ring debuts new battery-powered doorbell while Sonos Inc. revamps its speakers.</b>If you’re a consumer tech fan, this past week was one of the more interesting ones so far this year. Ring’s new battery-powered model is its first video doorbell in two years, while Sonos launched two products simultaneously for the first time in its history.</p><p>The doorbell is nothing new if you’re familiar with Ring’s offerings, but it has afew significant benefits: longer battery life, higher-resolution recording and head-to-toe video. The battery life piece is key: I used to have an earlier model and I would have to charge it weekly or lose security. Here’s hoping this one fares better.</p><p>Sonos’snew offerings are ground-breakingfor the company. The Era 100 replaces the Sonos One, bringing a fresh design and stereo audio. The Era 300, meanwhile, is a high-end spatial audio speaker designed to play content from Amazon and Apple Music. I’ll be curious to see how it compares with thesecond-generation HomePod, which also plays spatial audio.</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>Apple’s New Challenge: A Wave of Key Executives Leaving the Company</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\">\nApple’s New Challenge: A Wave of Key Executives Leaving the Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-13 07:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India, a yellow iPhone arrives, and Amazon’s Ring and Sonos introduce key new products.</p><h3>The Starters</h3><p>Apple Inc., known for its stability at the top, is facing a new challenge: an unprecedented level of turnover in its executive ranks.</p><p>Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives. Most of these people carried the title of vice president, which is just below the senior vice president level that reports to Chief Executive Officer Tim Cook. They are some of the most important figures at Apple, responsible for day-to-day operation of many core functions.</p><p>The departures included vice presidents overseeing such fields as industrial design, theonline store, information systems, Apple’s cloud efforts, aspects ofhardwareandsoftwareengineering,privacy matters,sales in emerging markets,subscription services and procurement. In all, that’s 11 key people — a far higher amount of turnover than we’ve seen in recent memory.</p><p>In past years, Apple may have lost one or two VPs during a 12-month window, like when the head of its self-driving car projectboltedfor Ford Motor Co. in 2021. To have such a large group leaving now — regardless of whether they retired, were pushed out, quit or left for another company — is notable.</p><p>Of course, there has been an influx of executives as well. Apple brought in a newchief people officer to take over duties held by retail boss Deirde O’Brien and a chief information officer to replace Mary Demby and David Smoley.</p><p>But in most cases, the departures have led Apple to redistribute responsibilities or promote people from within:</p><ul><li>Online store VP Anna Matthiasson was replaced by a direct report, Karen Rasmussen.</li><li>The responsibilities of Tony Blevins, who ran procurement, were shifted to his peer, Dan Rosckes, and a promoted direct report, David Tom.</li><li>The sales VP in charge of emerging markets, Hugues Asseman, saw his role split between India Managing Director Ashish Chowdhary and Europe Senior Director Juan Castellanos.</li><li>Hardware executive Laura Legros’s duties were shifted to a peer, Yannick Bertolus, the vice president of hardware integrity. His role was then assumed by Tom Marieb, a promoted direct report.</li><li>Software VP John Stauffer was replaced by two direct reports: Jeremy Sandmel and David Biderman.</li><li>The role of services honcho Peter Stern was split between Apple Music VP Oliver Schusser, service design head Robert Kondrk and Corporate Development VP Adrian Perica.</li><li>Cloud chief Michael Abbott’s role will be assumed by Jeff Robbin, vice president of services engineering, starting in April.</li></ul><p>In those examples, Apple had successors who could step up — or at least some executives who could take on the departed employee’s responsibilities. But in the case of Evans Hankey, the company’s outgoing head of industrial design, Apple couldn’t find a replacement. Instead, it’s having the individual members of the design team report to Chief Operating Officer Jeff Williams. Similarly, Apple didn’t replace its chief privacy officer.</p><p>Most of the recent departures were of Apple veterans, people who have been at the company 15-plus years. But in the case of its design and services vice presidents, among others, Apple lost executives in the prime of their careers who could have, one day, potentially reached the senior vice president level.</p><p>Moreover, I’ve been warned that this flurry of exits may just be the beginning. There are quite a few vice presidents at Apple who have been there for decades and could retire in the next few years.</p><p>Apple’s highest layer is in a similar position: 10 of its top 12 executives are about the same age. Half of them joined before the year 2000, and the age gap between CEO Cook and his most likely successor, operating chief Williams, is only about two years.</p><p>Longtime Apple mainstays who helped reinvent the company are also nearing the end of their careers. Former marketing chief Phil Schiller is stepping into a smaller Apple Fellow role focused on the App Store and media events, and Dan Riccio is shedding all hardware engineering responsibilities except the mixed-reality headset team.</p><p>The lower ranks could be ripe for turnover as well. People within Apple believe that some executives at the director and senior director levels (the two management tiers directly below vice president) also are considering stepping down in the not-too-distant future.</p><p>The pace of departures may stem in part from the growing burden of responsibilities placed on managers, in addition to other factors:</p><ul><li>The company has become more bureaucratic over the years, especially when it comes to product development.</li><li>It’s a massive global corporation, and that can mean it’s difficult to make an individual difference. Internal politics and cross-department wrangling can make it all the harder to navigate.</li><li>Resources have been shifted to longer-term initiatives, some of which may take years to be ready (if they ever are). Some managers were probably upset about losing people to endeavors like the company’s mixed-reality group and self-driving vehicle team.</li></ul><p>In some cases, Apple vice presidents wereconsidered to be candidates to replace the senior vice president of their organization — a move that can come with a four- or fivefold pay increase. But they were likely never given clarity on if or when that may happen. In the case of Hankey, the outgoing design leader, there was said to have been a lack of empowerment — including the ability to override engineering decisions made by other departments.</p><p>Apple’s structure itself is a source of stress. The company is organized functionally, which means that teams contribute to all its big products. For instance, a vice president of hardware engineering would be helping oversee parts of the iPhone, Apple Watch, iPad, Mac and AirPods. And a software engineering leader would be running teams that contribute to iOS, macOS, watchOS and tvOS, which operate on dozens of hardware products.</p><p>That organization made sense in the early days of Apple, but has led to increased product development delays, resources being spread too thin, and additional engineering complexity. There are benefits too, of course. It lets Apple put its best minds on every item in the portfolio.</p><p>Finally, let’s not forget one of the biggest reasons people leave a job: money. Apple’s stock fell nearly 30% last year, following three years of major gains. That’s weighed on compensation. In the case of an Apple vice president, stock can be well over half of pay.</p><p>On that front, even Cook has taken a hit. On Friday, Apple shareholdersapprovedanew pay packagethat included a roughly 40% reduction. Over 80% of his 2023 income will be in stock, with 75% of that tied to company performance.</p><p>But nobody should be truly worried about the CEO going anywhere soon: His shares continue to vest into 2027.</p><h3>The Bench</h3><p>Apple puts a new focus on India. The company is shaking up its sales operations abroad with the goal of giving increased prominence to India. The nation has quickly become key for Apple: As revenue fell globally during the holiday quarter, it actually increased in India.</p><p>With developed economies growing more slowly, Apple is going to need to turn more aggressively to emerging markets. That will be helped by organizational changes. The head of the India business — Ashish Chowdhary — is being promoted to report directly to sales chief Mike Fenger.</p><p>This marks the first time that India will become its own sales segment for Apple, splitting the country off from Eastern Europe, the Middle East, Africa and the Mediterranean.</p><p>It’s not a given that India will ever become a China-like market for Apple, but that’s certainly the hope. “We are, in essence, taking what we learned in China years ago,” Cook said earlier this year, “and bringing that to bear.”</p><p><b>A yellow iPhone 14 arrives.</b>There’s a new iPhone, but there’s also no new iPhone. As is typical for Apple during this spring season, the companylaunched a new iPhone color — in this case, yellow — while keeping the rest of the device the same.</p><p>I’m not a fan of the color at all, but it certainly has gotten some people buzzing about the iPhone 14 months after its debut. And that’s really the whole point of this exercise.</p><p>For some history, Apple previously popped outProduct Red, purple and green iPhones around March or April in past years. With the purple color, Apple kept the new shade exclusive to the lower-end iPhone 12s. But last year’sgreen came in two variations: one for the lower-end iPhone 13s and one for the Pro models. This time around, the iPhone 14 Pros didn’t get a new color.</p><p>The fact that the company already debuted the yellow model — plusApple Music Classical — rules out the possibility of a big launch event in the near future. That fits with Applepushing back the debutof its first mixed-reality headset until June at WWDC.</p><p><b>Amazon.com Inc.’s Ring debuts new battery-powered doorbell while Sonos Inc. revamps its speakers.</b>If you’re a consumer tech fan, this past week was one of the more interesting ones so far this year. Ring’s new battery-powered model is its first video doorbell in two years, while Sonos launched two products simultaneously for the first time in its history.</p><p>The doorbell is nothing new if you’re familiar with Ring’s offerings, but it has afew significant benefits: longer battery life, higher-resolution recording and head-to-toe video. The battery life piece is key: I used to have an earlier model and I would have to charge it weekly or lose security. Here’s hoping this one fares better.</p><p>Sonos’snew offerings are ground-breakingfor the company. The Era 100 replaces the Sonos One, bringing a fresh design and stereo audio. The Era 300, meanwhile, is a high-end spatial audio speaker designed to play content from Amazon and Apple Music. I’ll be curious to see how it compares with thesecond-generation HomePod, which also plays spatial audio.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163367998","content_text":"Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India, a yellow iPhone arrives, and Amazon’s Ring and Sonos introduce key new products.The StartersApple Inc., known for its stability at the top, is facing a new challenge: an unprecedented level of turnover in its executive ranks.Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives. Most of these people carried the title of vice president, which is just below the senior vice president level that reports to Chief Executive Officer Tim Cook. They are some of the most important figures at Apple, responsible for day-to-day operation of many core functions.The departures included vice presidents overseeing such fields as industrial design, theonline store, information systems, Apple’s cloud efforts, aspects ofhardwareandsoftwareengineering,privacy matters,sales in emerging markets,subscription services and procurement. In all, that’s 11 key people — a far higher amount of turnover than we’ve seen in recent memory.In past years, Apple may have lost one or two VPs during a 12-month window, like when the head of its self-driving car projectboltedfor Ford Motor Co. in 2021. To have such a large group leaving now — regardless of whether they retired, were pushed out, quit or left for another company — is notable.Of course, there has been an influx of executives as well. Apple brought in a newchief people officer to take over duties held by retail boss Deirde O’Brien and a chief information officer to replace Mary Demby and David Smoley.But in most cases, the departures have led Apple to redistribute responsibilities or promote people from within:Online store VP Anna Matthiasson was replaced by a direct report, Karen Rasmussen.The responsibilities of Tony Blevins, who ran procurement, were shifted to his peer, Dan Rosckes, and a promoted direct report, David Tom.The sales VP in charge of emerging markets, Hugues Asseman, saw his role split between India Managing Director Ashish Chowdhary and Europe Senior Director Juan Castellanos.Hardware executive Laura Legros’s duties were shifted to a peer, Yannick Bertolus, the vice president of hardware integrity. His role was then assumed by Tom Marieb, a promoted direct report.Software VP John Stauffer was replaced by two direct reports: Jeremy Sandmel and David Biderman.The role of services honcho Peter Stern was split between Apple Music VP Oliver Schusser, service design head Robert Kondrk and Corporate Development VP Adrian Perica.Cloud chief Michael Abbott’s role will be assumed by Jeff Robbin, vice president of services engineering, starting in April.In those examples, Apple had successors who could step up — or at least some executives who could take on the departed employee’s responsibilities. But in the case of Evans Hankey, the company’s outgoing head of industrial design, Apple couldn’t find a replacement. Instead, it’s having the individual members of the design team report to Chief Operating Officer Jeff Williams. Similarly, Apple didn’t replace its chief privacy officer.Most of the recent departures were of Apple veterans, people who have been at the company 15-plus years. But in the case of its design and services vice presidents, among others, Apple lost executives in the prime of their careers who could have, one day, potentially reached the senior vice president level.Moreover, I’ve been warned that this flurry of exits may just be the beginning. There are quite a few vice presidents at Apple who have been there for decades and could retire in the next few years.Apple’s highest layer is in a similar position: 10 of its top 12 executives are about the same age. Half of them joined before the year 2000, and the age gap between CEO Cook and his most likely successor, operating chief Williams, is only about two years.Longtime Apple mainstays who helped reinvent the company are also nearing the end of their careers. Former marketing chief Phil Schiller is stepping into a smaller Apple Fellow role focused on the App Store and media events, and Dan Riccio is shedding all hardware engineering responsibilities except the mixed-reality headset team.The lower ranks could be ripe for turnover as well. People within Apple believe that some executives at the director and senior director levels (the two management tiers directly below vice president) also are considering stepping down in the not-too-distant future.The pace of departures may stem in part from the growing burden of responsibilities placed on managers, in addition to other factors:The company has become more bureaucratic over the years, especially when it comes to product development.It’s a massive global corporation, and that can mean it’s difficult to make an individual difference. Internal politics and cross-department wrangling can make it all the harder to navigate.Resources have been shifted to longer-term initiatives, some of which may take years to be ready (if they ever are). Some managers were probably upset about losing people to endeavors like the company’s mixed-reality group and self-driving vehicle team.In some cases, Apple vice presidents wereconsidered to be candidates to replace the senior vice president of their organization — a move that can come with a four- or fivefold pay increase. But they were likely never given clarity on if or when that may happen. In the case of Hankey, the outgoing design leader, there was said to have been a lack of empowerment — including the ability to override engineering decisions made by other departments.Apple’s structure itself is a source of stress. The company is organized functionally, which means that teams contribute to all its big products. For instance, a vice president of hardware engineering would be helping oversee parts of the iPhone, Apple Watch, iPad, Mac and AirPods. And a software engineering leader would be running teams that contribute to iOS, macOS, watchOS and tvOS, which operate on dozens of hardware products.That organization made sense in the early days of Apple, but has led to increased product development delays, resources being spread too thin, and additional engineering complexity. There are benefits too, of course. It lets Apple put its best minds on every item in the portfolio.Finally, let’s not forget one of the biggest reasons people leave a job: money. Apple’s stock fell nearly 30% last year, following three years of major gains. That’s weighed on compensation. In the case of an Apple vice president, stock can be well over half of pay.On that front, even Cook has taken a hit. On Friday, Apple shareholdersapprovedanew pay packagethat included a roughly 40% reduction. Over 80% of his 2023 income will be in stock, with 75% of that tied to company performance.But nobody should be truly worried about the CEO going anywhere soon: His shares continue to vest into 2027.The BenchApple puts a new focus on India. The company is shaking up its sales operations abroad with the goal of giving increased prominence to India. The nation has quickly become key for Apple: As revenue fell globally during the holiday quarter, it actually increased in India.With developed economies growing more slowly, Apple is going to need to turn more aggressively to emerging markets. That will be helped by organizational changes. The head of the India business — Ashish Chowdhary — is being promoted to report directly to sales chief Mike Fenger.This marks the first time that India will become its own sales segment for Apple, splitting the country off from Eastern Europe, the Middle East, Africa and the Mediterranean.It’s not a given that India will ever become a China-like market for Apple, but that’s certainly the hope. “We are, in essence, taking what we learned in China years ago,” Cook said earlier this year, “and bringing that to bear.”A yellow iPhone 14 arrives.There’s a new iPhone, but there’s also no new iPhone. As is typical for Apple during this spring season, the companylaunched a new iPhone color — in this case, yellow — while keeping the rest of the device the same.I’m not a fan of the color at all, but it certainly has gotten some people buzzing about the iPhone 14 months after its debut. And that’s really the whole point of this exercise.For some history, Apple previously popped outProduct Red, purple and green iPhones around March or April in past years. With the purple color, Apple kept the new shade exclusive to the lower-end iPhone 12s. But last year’sgreen came in two variations: one for the lower-end iPhone 13s and one for the Pro models. This time around, the iPhone 14 Pros didn’t get a new color.The fact that the company already debuted the yellow model — plusApple Music Classical — rules out the possibility of a big launch event in the near future. That fits with Applepushing back the debutof its first mixed-reality headset until June at WWDC.Amazon.com Inc.’s Ring debuts new battery-powered doorbell while Sonos Inc. revamps its speakers.If you’re a consumer tech fan, this past week was one of the more interesting ones so far this year. Ring’s new battery-powered model is its first video doorbell in two years, while Sonos launched two products simultaneously for the first time in its history.The doorbell is nothing new if you’re familiar with Ring’s offerings, but it has afew significant benefits: longer battery life, higher-resolution recording and head-to-toe video. The battery life piece is key: I used to have an earlier model and I would have to charge it weekly or lose security. Here’s hoping this one fares better.Sonos’snew offerings are ground-breakingfor the company. The Era 100 replaces the Sonos One, bringing a fresh design and stereo audio. The Era 300, meanwhile, is a high-end spatial audio speaker designed to play content from Amazon and Apple Music. I’ll be curious to see how it compares with thesecond-generation HomePod, which also plays spatial audio.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949845546,"gmtCreate":1678533421985,"gmtModify":1678533425350,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949845546","repostId":"2318581167","repostType":4,"isVote":1,"tweetType":1,"viewCount":2387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949845246,"gmtCreate":1678533405485,"gmtModify":1678533409093,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949845246","repostId":"2318756893","repostType":4,"repost":{"id":"2318756893","kind":"highlight","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<div>\n<p>What happenedCoinbase Global stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">Web Link</a>\n\n</div>\n","source":"fool_stock","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>Why Coinbase Global Stock Plummeted by 8% Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nWhy Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8 <a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1,"symbols_score_info":{"COIN":1}},"isVote":1,"tweetType":1,"viewCount":2664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949845695,"gmtCreate":1678533389417,"gmtModify":1678533393122,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949845695","repostId":"1190583234","repostType":4,"repost":{"id":"1190583234","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":1678427464,"share":"https://ttm.financial/m/news/1190583234?lang=&edition=fundamental","pubTime":"2023-03-10 13:51","market":"us","language":"en","title":"Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1190583234","media":"Tiger Newspress","summary":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved fo","content":"<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</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: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023</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: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023\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\">2023-03-10 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190583234","content_text":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.At that time, the regular trading period of the US stock market will become:Beijing Time/SGT: 21:30 p.m. to 04:00 a.m.AEDT Time (Australian Eastern Daylight Time): 00:30 a.m. to 07:00 a.m.NZDT Time (New Zealand Daylight Time): 02:30 a.m. to 09:00 a.m.Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.BackgroundIn 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949845894,"gmtCreate":1678533378518,"gmtModify":1678533381715,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949845894","repostId":"1188991015","repostType":4,"repost":{"id":"1188991015","kind":"news","pubTimestamp":1678524311,"share":"https://ttm.financial/m/news/1188991015?lang=&edition=fundamental","pubTime":"2023-03-11 16:45","market":"us","language":"en","title":"Jobs Report, Bank Failure Complicate Outlook on Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1188991015","media":"The Wall Street Journal","summary":"Fed officials could debate whether to raise rates by a quarter- or half-percentage-point at their next meeting","content":"<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">Web Link</a>\n\n</div>\n","source":"wsj_highlight","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>Jobs Report, Bank Failure Complicate Outlook on Interest Rates</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\">\nJobs Report, Bank Failure Complicate Outlook on Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 16:45 GMT+8 <a href=https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">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.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188991015","content_text":"The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the failure of a California bank on Friday led investors on Wall Street to pare their bets that the central bank would opt for a larger half-percentage-point increase, rather than a smaller quarter-point bump, amid broader concerns about financial stability risks.Investors in interest-rate futures markets on Friday afternoon saw a nearly 60% probability of a quarter-point, or 25-basis-point, rate rise, according to CME Group. The probability of a larger 50-basis-point increase fell to 40%, from 70% on Thursday.Employers added 311,000 jobs in February and revisions to earlier months were minor, meaning job gains averaged more than 350,000 a month since December—robust growth in an already tight labor market. The unemployment rate rose to 3.6% last month because more people looked for jobs, a further sign of economic strength.But wage growth moderated last month, suggesting that strong labor demand isn’t spurring rapid increases in workers’ paychecks. Average hourly earnings for private-sector workers rose 4.6% over the 12 months through February, but the pace slowed to an annualized 3.6% over the past three months.For policy makers, “if you are vacillating between 25 and 50, you’d be more inclined to go 25 at this point because of the added concern” over the failure of Silicon Valley Bank, said Eric Rosengren, who served as president of the Boston Fed from 2007 to 2021.Friday’s employment report shows the job market is too hot, said Mr. Rosengren. But the problems at Silicon Valley Bank illustrate how raising rates rapidly gives the Fed less time to monitor the delayed impact of its actions, he said.“Having a close to $200 billion bank have a liquidity problem that caused a failure in the middle of the week has to be a source of concern,” said Mr. Rosengren. Fed officials are “going to want to be able to evaluate what impact it is going to have on broader financial markets.”Fed policy makers were set to begin their traditional premeeting quiet period Saturday ahead of their March 21-22 meeting.Fed Chair Jerome Powell this week said the central bank was keeping its options open in considering whether to raise its benchmark federal-funds rate by a quarter-point—as officials did last month and had been widely anticipated until very recently—or by a larger half-point, as they did in December.“I stress that no decision has been made on this,” Mr. Powell said Wednesday. “But if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.”In addition to Friday’s employment report, he said two inflation reports next week, including the consumer-price index due Tuesday, could influence the decision.Economists at Bank of America and Morgan Stanley said Friday they believed the smaller quarter-point rate rise was more likely, but that was based on their expectations that core-CPI prices, which exclude food and energy, will rise 0.4% in February.“Absent a surprise on Tuesday, we think they will be comfortable” with a quarter-point rate rise, said Vincent Reinhart, chief economist at Dreyfus and Mellon and a former senior Fed economist.Others think the inflation report will need to be milder to prevent the Fed from raising rates by a half-point. Barring a major surprise on inflation, signs of broad-based strength in the labor market “strongly imply that the Federal Reserve will need to hike its policy rate by 50 basis points” this month, said Joseph Brusuelas, chief economist at consulting firm RSM U.S.He said hardship due to interest-rate risks “among select small and medium-sized banks is not sufficient to cause the Fed to pull back from its primary objective” of combating inflation.If the CPI doesn’t notably slow down in February, “it will have been very hard to have opened the door to 50 and not walk through that door,” said Jason Furman, a Harvard economist who served as a top adviser to former President Barack Obama.Details on how the Federal Deposit Insurance Corp., which took control of the Silicon Valley Bank on Friday, resolves the bank could shape any spillovers to the rest of the banking system, especially small and midsize banks with a similar profile.SVB was focused heavily on lending to venture-capital firms, and the ultimate resolution of the bank’s assets could have broader implications for endowments and pension funds that have increased their exposures to venture capital, said Mr. Rosengren.Fed officials slowed their pace of rate rises last month when they increased their benchmark rate by a quarter-percentage-point to a range between 4.5% and 4.75%. That followed increases of a larger 0.5 percentage point in December and 0.75 percentage point in November and at three previous meetings.Officials said last month that moving in smaller steps would better allow them to assess the effects of their rapid increases last year and reduce the risk of raising rates too much.Mr. Powell said this week officials were likely to project at their coming meeting that they would raise rates to higher levels than they previously anticipated to bring inflation down. In December, most of them thought they would raise the fed-funds rate to between 5% and 5.5% this year.Since Fed officials last met on Feb. 1, several economic reports have revealed hiring, spending and inflation were stronger in January than expected. More important, data revisions showed inflation and labor demand didn’t soften as much as initially reported late last year.“We’re looking at a reversal, really, of what we thought we were seeing to some extent,” said Mr. Powell on Tuesday. “Nothing about the data suggests to me that we’ve tightened too much.”The Fed has been trying to curb investment, spending and hiring by raising rates, which makes it more expensive to borrow and can push down the price of assets such as stocks and real estate. The fed-funds rate influences other borrowing costs throughout the economy.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949845110,"gmtCreate":1678533368630,"gmtModify":1678533372761,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949845110","repostId":"1121660476","repostType":4,"repost":{"id":"1121660476","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":1678489730,"share":"https://ttm.financial/m/news/1121660476?lang=&edition=fundamental","pubTime":"2023-03-11 07:08","market":"us","language":"en","title":"Banking Regulators Shutter SVB, Collapse Unnerves Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1121660476","media":"Reuters","summary":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branc","content":"<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; 'chaos' reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking 'vulnerabilities' amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company's ability to pay employees and cover expenses.</p><p>"Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical."</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones," said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed "full confidence" in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.</p><p>"The first bank failure since 2020 is a wake-up call," said Matthew Goldberg, an analyst at Bankrate. "Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank."</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB's shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB's stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone's by 300 bps.</p><p>"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold," said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>'CHAOS' AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as "chaos."</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday's close, according to analytics firm Ortex.</p><p>"The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves," said David Trainer, CEO of New Constructs, an investment research firm.</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>Banking Regulators Shutter SVB, Collapse Unnerves Investors</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\">\nBanking Regulators Shutter SVB, Collapse Unnerves Investors\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\">2023-03-11 07:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; 'chaos' reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking 'vulnerabilities' amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company's ability to pay employees and cover expenses.</p><p>"Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical."</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones," said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed "full confidence" in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.</p><p>"The first bank failure since 2020 is a wake-up call," said Matthew Goldberg, an analyst at Bankrate. "Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank."</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB's shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB's stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone's by 300 bps.</p><p>"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold," said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>'CHAOS' AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as "chaos."</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday's close, according to analytics firm Ortex.</p><p>"The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves," said David Trainer, CEO of New Constructs, an investment research firm.</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":"1121660476","content_text":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' reported amid withdrawalsBank shares fall in U.S., Europe, but well off lowsCrisis exposes banking 'vulnerabilities' amid rising rates(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender SVB Financial Group , the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company's ability to pay employees and cover expenses.\"Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.\"U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.Some forecast more pain for the sector.\"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,\" said Christopher Whalen, chairman of Whalen Global Advisors.U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed \"full confidence\" in their abilities to respond to the situation, Treasury said.The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.The FDIC said it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.\"The first bank failure since 2020 is a wake-up call,\" said Matthew Goldberg, an analyst at Bankrate. \"Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.\"PAIN SPREADSThe bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB's shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.The rout in SVB's stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.The S&P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone's by 300 bps.\"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,\" said Karl Schamotta, Chief Market Strategist at Corpay.'CHAOS' AS CLIENTS RUSH TO WITHDRAWAs higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.The source characterized the situation as \"chaos.\"The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.Short sellers in SVB have profited by $717 million since Wednesday's close, according to analytics firm Ortex.\"The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,\" said David Trainer, CEO of New Constructs, an investment research firm.","news_type":1,"symbols_score_info":{"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949143810,"gmtCreate":1678456155631,"gmtModify":1678456159699,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9949143810","repostId":"2318544263","repostType":4,"repost":{"id":"2318544263","kind":"highlight","pubTimestamp":1678462287,"share":"https://ttm.financial/m/news/2318544263?lang=&edition=fundamental","pubTime":"2023-03-10 23:31","market":"us","language":"en","title":"2 Stocks That Turned $10,000 Into $24,000 (or More)","url":"https://stock-news.laohu8.com/highlight/detail?id=2318544263","media":"Motley Fool","summary":"Consumer staples stocks aren't exciting, but they are reliable. And given enough time, that can easily double your money.","content":"<div>\n<p>Over the past decade, Procter & Gamble and Clorox have more than doubled investors' money, when you include reinvested dividends. That's actually pretty impressive given that these two companies hail ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/09/2-stocks-that-turned-10000-into-24000-or-more/\">Web Link</a>\n\n</div>\n","source":"fool_stock","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>2 Stocks That Turned $10,000 Into $24,000 (or More)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Turned $10,000 Into $24,000 (or More)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-10 23:31 GMT+8 <a href=https://www.fool.com/investing/2023/03/09/2-stocks-that-turned-10000-into-24000-or-more/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the past decade, Procter & Gamble and Clorox have more than doubled investors' money, when you include reinvested dividends. That's actually pretty impressive given that these two companies hail ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/09/2-stocks-that-turned-10000-into-24000-or-more/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PG":"宝洁","CLX":"高乐氏"},"source_url":"https://www.fool.com/investing/2023/03/09/2-stocks-that-turned-10000-into-24000-or-more/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318544263","content_text":"Over the past decade, Procter & Gamble and Clorox have more than doubled investors' money, when you include reinvested dividends. That's actually pretty impressive given that these two companies hail from the stodgy consumer staples sector, known for slow and steady growth. What's interesting here perhaps isn't the dollar figures, but rather the recent trends at each of these industry heavyweights.The big-picture numbersOver the past 10 years, Procter & Gamble turned a $10,000 investment into around $18,000 based on stock price appreciation alone. Those same figures are roughly what you would see with Clorox as well.But when you take their dividends into account (via reinvestment), the ending value jumps to around $24,000 for each. That's pretty impressive and easily beats out a lot of competitors in the consumer staples sector (though there are others that have stronger performances).The really interesting thing here is that P&G was facing notable business headwinds before shifting gears in the latter part of the previous decade. Since that point, when it jettisoned a large number of small brands so it could focus on its largest labels, it has done quite well.For example, even as inflation has pressured the company's margins, it has been able to push through price increases while growing or maintaining share in its most important market and product categories. Yes, earnings have fallen off a little, but that's to be expected when inflation is raging.Overall, investors have been very well rewarded for owning Procter & Gamble. And there's no sign that's going to change. Notably, the company has now increased its dividend annually for 67 consecutive years, making it a highly elite Dividend King. The most recent hike, in April of 2022, was roughly 5%. While not earth-shattering, it was a sign of the company's boring and reliable trend of consistently rewarding investors.With an attractive portfolio of highly valuable brands, Procter & Gamble is probably a solid option for long-term investors today even though its 2.65% dividend yield isn't as high as it has been in the past.This brings up Clorox's 3.05% yield, which is a bit higher, but actually toward the high end of the company's historical range.PG data by YCharts.Getting back on trackWhereas P&G faced material headwinds early in the last decade, Clorox faces headwinds today. And that could set up an interesting buying point for long-term dividend investors, noting that Clorox increased its dividend annually for more than four decades. On some level, Clorox is facing the same inflation troubles that have tripped up P&G of late. But Clorox's current problems also stem from the unusual supply and demand dynamics created by the pandemic.Clorox's namesake product line is tied tightly with cleaning supplies, which saw a huge increase in demand in the early days of the pandemic. That resulted in very strong financial performance as the company capitalized on it by expanding its product line. It even needed to hire contract manufacturers to keep up, a costly move. But strategically, it helped the company keep retailers' shelves filled. Investors bid the stock higher as a play on the global health scare.As the world learned to live with the coronavirus, and that demand subsided, sales of cleaning products fell and investors jumped ship. Then inflation hit, further crimping the company's margins.The pessimism surrounding the stock, really just the other side of the unbridled optimism in 2020, has been a huge headwind. But, like P&G in the past, Clorox is working hard to get things back in order. For example, it got rid of the high-cost contract manufacturing it needed during the pandemic, among other cost-cutting moves. It has also been aggressively increasing prices to offset inflation.But what's really interesting is that management believes the fiscal second quarter of 2023 was a turning point for margins. That suggests that things will get brighter in the quarter ahead, which might lead investors to place a higher valuation on the shares. If you are looking for a stock that's on sale today, Clorox could be worth a closer look.Same place, different storiesWith a $330 billion market cap, P&G is an industry giant. The recent episode in which it slimmed down its portfolio and improved results is a testament to its long-term strength and a reason conservative dividend investors might want to own it -- even if the stock is fully valued.Clorox, with a market cap of $19 billion, is tiny by comparison. However, it looks like it is on sale and, like P&G not too long ago, is taking action to fix a struggling business. If that plays out well, there's every reason to believe a higher stock price will be the end result.More aggressive types, and those who like turnarounds, will likely find this story attractive, noting that even with today's headwinds, Clorox's growth-oriented business has still been as strong a stock performer as P&G over the past decade.","news_type":1,"symbols_score_info":{"PG":0.9,"CLX":0.9}},"isVote":1,"tweetType":1,"viewCount":3222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}