8488940 personal page - To The Moon

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2021-02-16

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2021-03-12

Gogo gogo

2021-02-06

GME! 2 the moon

2021-02-09

Hmm

Bitcoin hits fresh highs after Tesla investment

2021-02-27

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@老虎专刊:【老虎週刊】老虎社區一週十大精華文章

2021-02-22

Morning!

2021-02-17

Hapy Niu Year

2021-02-21

Goldman Sachs is joining the robo-investing party — should you?

2021-02-16

2021-02-07

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2021-02-07

2021-03-06

Hello hello

2021-02-28

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Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange

2021-02-14

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Not Just Tesla: Why Big Companies are Buying into Crypto-Mania

2021-03-01

Good Morning! Its March

2021-03-11

diemon hense

2021-02-27

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Trading tax hike won’t harm competitiveness of Hong Kong’s stock market, says financial secretary

2021-02-28

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Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange

2021-02-16

Time to cut..

The best thing for Tesla is a slow and steady loss of market share?

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coinbase","listText":"gogo coinbase","text":"gogo coinbase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184167464","isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185347749,"gmtCreate":1623635032781,"gmtModify":1704207406341,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Helloo","listText":"Helloo","text":"Helloo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185347749","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349512788,"gmtCreate":1617624925244,"gmtModify":1704700997086,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good news. Means chances of bankruptcy almost zero. It is also reduces the risk of the stock falling back.","listText":"Good news. Means chances of bankruptcy almost zero. It is also reduces the risk of the stock falling back.","text":"Good news. Means chances of bankruptcy almost zero. It is also reduces the risk of the stock falling back.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349512788","repostId":"2125631487","repostType":2,"repost":{"id":"2125631487","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":1617619867,"share":"https://www.laohu8.com/m/news/2125631487?lang=&edition=full","pubTime":"2021-04-05 18:51","market":"us","language":"en","title":"BRIEF-Gamestop - Increased Offering Price Of Common Shares In Connection With Company's ATM Offering To Up To $1 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2125631487","media":"Reuters","summary":"April 5 (Reuters) - GameStop Corp   :   * GAMESTOP - INCREASED OFFERING PRICE OF COMMON SHARES IN CO","content":"<html><body><p>April 5 (Reuters) - GameStop Corp   :</p><p>   * GAMESTOP - INCREASED OFFERING PRICE OF COMMON SHARES IN CONNECTION WITH COMPANY'S ATM OFFERING TO UP TO $1 BILLION</p><p>Source text for Eikon: [ Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</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>BRIEF-Gamestop - Increased Offering Price Of Common Shares In Connection With Company's ATM Offering To Up To $1 Bln</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\">\nBRIEF-Gamestop - Increased Offering Price Of Common Shares In Connection With Company's ATM Offering To Up To $1 Bln\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\">2021-04-05 18:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>April 5 (Reuters) - GameStop Corp   :</p><p>   * GAMESTOP - INCREASED OFFERING PRICE OF COMMON SHARES IN CONNECTION WITH COMPANY'S ATM OFFERING TO UP TO $1 BILLION</p><p>Source text for Eikon: [ Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125631487","content_text":"April 5 (Reuters) - GameStop Corp   :   * GAMESTOP - INCREASED OFFERING PRICE OF COMMON SHARES IN CONNECTION WITH COMPANY'S ATM OFFERING TO UP TO $1 BILLIONSource text for Eikon: [ Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350738962,"gmtCreate":1616287468256,"gmtModify":1704792597982,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi everyone","listText":"hi everyone","text":"hi everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350738962","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350269921,"gmtCreate":1616213113163,"gmtModify":1704792236243,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hello everyone","listText":"hello everyone","text":"hello everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350269921","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327446616,"gmtCreate":1616120024635,"gmtModify":1704791198518,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327446616","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327392764,"gmtCreate":1616057199858,"gmtModify":1704790312535,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327392764","repostId":"1184462463","repostType":4,"repost":{"id":"1184462463","pubTimestamp":1616056633,"share":"https://www.laohu8.com/m/news/1184462463?lang=&edition=full","pubTime":"2021-03-18 16:37","market":"us","language":"en","title":"Big Oil’s Hottest Prospects In 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1184462463","media":"oilprice","summary":"Judging by the first 3 months of 2021 it seems that this year has gone off into a wrong start, inste","content":"<p>Judging by the first 3 months of 2021 it seems that this year has gone off into a wrong start, instead of economic rebounds we face a third rendition of a market slump. Nevertheless, 2021 is bound to become much more prolific in oil discoveries than 2020 was – many of the wildcats initially planned for 2020 were moved to the next year for financial or health security reasons, all the while some new frontier areas were opened up only very recently and 2021 will see its natural continuation there. Several wells have already been spudded, for instance the early top-5 contender Perseverance-1 (prospective resources of 770 MMbbls) spudded in the offshore zone of the Bahamas has encountered oil, however, in non-commercial volumes.</p><p>In Latin/South America, besides the Bahamian dry Perseverance prospect, many hopes were pinned to the continuation of drilling in the Guyana/Suriname Basin. Despite clinching a total of 18 discoveries within the Stabroek Block, ExxonMobil’s drilling programme has been disappointing lately. First, the Tanager-1 well (although this was on the Kaieteur block to the north of Stabroek) turned out to be dry in November 2020, then Hassa-1 wildcat “did not encounter hydrocarbons in the primary target reservoirs” in January 2021 and now Bulletwood-1 (Canje Block) ended up being non-commercial. Guyana will still have an opportunity to bounce back in 2021 with the Kawa-1 wildcat, however, it seems that if the basin is to wield any significant discoveries, they would be located in Suriname’s offshore where several high-potential wells are scheduled for this year, most notably Goliethburg-Voltzberg North-1.</p><p>Perhaps with the notable exception of the Venus wildcat in Namibia, the overall global anticipation of a drilling sensation has so far been tepid, though the travails of the COVID slump are by no means the main and indisputable cause thereof. PEMEX has given the exploration market a shake-up by announcing a “gigantic” discovery in the southern part of the Gulf of Mexico. The problem is that the Mexican NOC has provided very little detail of the discovery and (in a somewhat offhand manner) it insinuated that the field’s size was assessed on the basis of its combined capacity with other adjacent assets. Thus, not every reportedly world-class discovery will eventually transform into a world-class project – oftentimes such pertinent criteria as recoverability, overall geology, cost-efficiency are omitted so as not to taint the daydream. The list you are about to read takes such factors and recent developments into account and presents you the hottest 2021 oil prospects out there.</p><p><b>1、Venus-1 (Namibia)</b></p><p>Venus is arguably the most closely followed new frontier wildcat, expected to be spudded in Q3 2021 by the French major Total. The actual drilling in Namibia’s offshore waters (Orange Sub-Basin, Block 2913B) might have happened earlier but apparently Total prioritized its drilling commitments in Angola, namely the Ondjaba-1 well using the Maersk Voyager ultra-deepwater drillship. The geological specificities of the Venus prospect force an analogy with Brazil’s ultra-deepwater, although the Namibian prospect lies in water depths of 2.5-3km, i.e. much deeper than Brazil’s Campos Basin. The operator Total holds a 40% interest in the block, teamed up by Qatar Petroleum (30%), Impact (20%) and NAMCOR (10%). Preliminary estimates of recoverable oil reserves vary between 1.5-2 Bbbls, if the drilling of Venus-1 turns out to be commercial it will inevitably bring about the emergence of another offshore oil frontier in Southern Africa following Total’s Brulpadda discovery.</p><p><img src=\"https://static.tigerbbs.com/5df987664fca75c29af6c4daf9d58f75\" tg-width=\"450\" tg-height=\"253\" referrerpolicy=\"no-referrer\">Source: Impact Oil.</p><li><b>2、Jaca-1 (São Tome and Principe)</b></li><p>The small island nation of São Tome and Principe might become the latest addition to the international list of oil producers in 2021. The Portuguese oil company Galp and its project partner Shell will drill the Jaca-1 (“Jackfruit”) wildcat in the second half of 2021 in its offshore waters, marking the first-ever time an offshore well is spudded São Tome and Principe. Jaca-1, located within the offshore Block 06, will be spudded in water depth of 2500 metres. The Galp-Shell tandem has carried out extensive 3D seismic surveying on Block 05, 06, 11 and 12 already in 2017, however due to organizational issues (Kosmos selling its stake) and then the COVID pandemic its drilling slid off its original timeline. Nigeria, Equatorial Guinea, Gabon – they all have sizeable offshore reserves in the immediate vicinity of Jaca, therefore there is ample reason to believe that the drilling campaign in São Tome and Principe is only shaping up.</p><p><img src=\"https://static.tigerbbs.com/8a24d880e56ee530421d869346a4cade\" tg-width=\"450\" tg-height=\"329\" referrerpolicy=\"no-referrer\"></p><p>Source: GALP.</p><p><b>3、Dois Irmaos (Brazil)</b></p><p>During the 4thpre-salt licensing round back in 2018, the Dois Irmaos block was allocated to a consortium comprising Equinor (25%), BP (20%) and Petrobras (45%) with the latter getting operatorship rights. As usually is the case with high-impact wells that are expected to deliver in 2021, drilling in Dois Irmaos was delayed for more than a year because of COVID impacts. Looking into 2021, the Vaz Lobo-1 well is poised to become the first deep-water wildcat to be spudded in the Campos Basin in quite some time – the drilling will be done by the Samsung-built West Tellus drillship. Widely perceived as a litmus test for Brazil’s pre-salt prospects, should Vaz Lobo mark a discovery, its success is guaranteed to gin up further exploration drilling. The entire block’s assumed pre-drilling reserves stand at 2.4 BBbbls, Petrobras has already identified 4 prospects with a gross pre-drill resource estimate of 1.3 Bboe.</p><p><img src=\"https://static.tigerbbs.com/c1242cad38432ddfd8c5d31af415c3a6\" tg-width=\"450\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><b>4、Silverback (United States)</b></p><p>The US Gulf of Mexico might witness an evolutionary feat this year, as Chevron’s drilling of the Silverback prospect in the Mississippi Canyon 35 block might open up the GOM’s heretofore untapped deeper-water frontiers. Mississippi Canyon 35 was offered during the US Bureau of Ocean Management’s (BOEM) lease sale #249 in 2017, Chevron grabbed it along with 14 other offshore blocks. Located some 150km from the Louisiana coastline, should the first Silverback wildcat (to be spudded in water depths of 1050-1100 meters) hit commercial reserves of oil, it can fully avail itself of ready-to-use infrastructure in its immediate vicinity, such as the Delta House FPS platform. The crude is assumed to be of medium quality, approximately 35 degrees API, i.e. tangibly lighter than the Mississippi Canyon benchmark, the 29-30° API Mars.</p><p><b>5、Ondjaba (Angola)</b></p><p>There is one thing we can be certain about with regard to the Ondjaba-1 well in offshore Angola, to be drilled in Q2 2021 by Total. At water depths of 3628 meters, the prospective well will be spudded in heretofore unprecedented, record depths. Ondjaba will also be the first well to be spudded in Block 48, the Total-operated ultra-deepwater license, being the most highly appraised prospect within the Block. Preliminary estimates put Ondjaba’s resource bounty at 0.82 Bbbls, however the Angolan NOC Sonangol states Block 48 might contain another 1.2-1.3 BBbls provided that the targeted Ondjaba turns out be commercial. The assumed success estimate of the drilling is assumed at 50%. Merely several weeks before the spudding, Qatar Petroleum has finalized its purchase of a 30-percent stake in Block 48, including the Ondjaba prospect (Sonangol holds the remaining 30%).</p>","source":"lsy1606109400967","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>Big Oil’s Hottest Prospects In 2021</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\">\nBig Oil’s Hottest Prospects In 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 16:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Crude-Oil/Big-Oils-Hottest-Prospects-In-2021.html><strong>oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Judging by the first 3 months of 2021 it seems that this year has gone off into a wrong start, instead of economic rebounds we face a third rendition of a market slump. Nevertheless, 2021 is bound to ...</p>\n\n<a href=\"https://oilprice.com/Energy/Crude-Oil/Big-Oils-Hottest-Prospects-In-2021.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://oilprice.com/Energy/Crude-Oil/Big-Oils-Hottest-Prospects-In-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184462463","content_text":"Judging by the first 3 months of 2021 it seems that this year has gone off into a wrong start, instead of economic rebounds we face a third rendition of a market slump. Nevertheless, 2021 is bound to become much more prolific in oil discoveries than 2020 was – many of the wildcats initially planned for 2020 were moved to the next year for financial or health security reasons, all the while some new frontier areas were opened up only very recently and 2021 will see its natural continuation there. Several wells have already been spudded, for instance the early top-5 contender Perseverance-1 (prospective resources of 770 MMbbls) spudded in the offshore zone of the Bahamas has encountered oil, however, in non-commercial volumes.In Latin/South America, besides the Bahamian dry Perseverance prospect, many hopes were pinned to the continuation of drilling in the Guyana/Suriname Basin. Despite clinching a total of 18 discoveries within the Stabroek Block, ExxonMobil’s drilling programme has been disappointing lately. First, the Tanager-1 well (although this was on the Kaieteur block to the north of Stabroek) turned out to be dry in November 2020, then Hassa-1 wildcat “did not encounter hydrocarbons in the primary target reservoirs” in January 2021 and now Bulletwood-1 (Canje Block) ended up being non-commercial. Guyana will still have an opportunity to bounce back in 2021 with the Kawa-1 wildcat, however, it seems that if the basin is to wield any significant discoveries, they would be located in Suriname’s offshore where several high-potential wells are scheduled for this year, most notably Goliethburg-Voltzberg North-1.Perhaps with the notable exception of the Venus wildcat in Namibia, the overall global anticipation of a drilling sensation has so far been tepid, though the travails of the COVID slump are by no means the main and indisputable cause thereof. PEMEX has given the exploration market a shake-up by announcing a “gigantic” discovery in the southern part of the Gulf of Mexico. The problem is that the Mexican NOC has provided very little detail of the discovery and (in a somewhat offhand manner) it insinuated that the field’s size was assessed on the basis of its combined capacity with other adjacent assets. Thus, not every reportedly world-class discovery will eventually transform into a world-class project – oftentimes such pertinent criteria as recoverability, overall geology, cost-efficiency are omitted so as not to taint the daydream. The list you are about to read takes such factors and recent developments into account and presents you the hottest 2021 oil prospects out there.1、Venus-1 (Namibia)Venus is arguably the most closely followed new frontier wildcat, expected to be spudded in Q3 2021 by the French major Total. The actual drilling in Namibia’s offshore waters (Orange Sub-Basin, Block 2913B) might have happened earlier but apparently Total prioritized its drilling commitments in Angola, namely the Ondjaba-1 well using the Maersk Voyager ultra-deepwater drillship. The geological specificities of the Venus prospect force an analogy with Brazil’s ultra-deepwater, although the Namibian prospect lies in water depths of 2.5-3km, i.e. much deeper than Brazil’s Campos Basin. The operator Total holds a 40% interest in the block, teamed up by Qatar Petroleum (30%), Impact (20%) and NAMCOR (10%). Preliminary estimates of recoverable oil reserves vary between 1.5-2 Bbbls, if the drilling of Venus-1 turns out to be commercial it will inevitably bring about the emergence of another offshore oil frontier in Southern Africa following Total’s Brulpadda discovery.Source: Impact Oil.2、Jaca-1 (São Tome and Principe)The small island nation of São Tome and Principe might become the latest addition to the international list of oil producers in 2021. The Portuguese oil company Galp and its project partner Shell will drill the Jaca-1 (“Jackfruit”) wildcat in the second half of 2021 in its offshore waters, marking the first-ever time an offshore well is spudded São Tome and Principe. Jaca-1, located within the offshore Block 06, will be spudded in water depth of 2500 metres. The Galp-Shell tandem has carried out extensive 3D seismic surveying on Block 05, 06, 11 and 12 already in 2017, however due to organizational issues (Kosmos selling its stake) and then the COVID pandemic its drilling slid off its original timeline. Nigeria, Equatorial Guinea, Gabon – they all have sizeable offshore reserves in the immediate vicinity of Jaca, therefore there is ample reason to believe that the drilling campaign in São Tome and Principe is only shaping up.Source: GALP.3、Dois Irmaos (Brazil)During the 4thpre-salt licensing round back in 2018, the Dois Irmaos block was allocated to a consortium comprising Equinor (25%), BP (20%) and Petrobras (45%) with the latter getting operatorship rights. As usually is the case with high-impact wells that are expected to deliver in 2021, drilling in Dois Irmaos was delayed for more than a year because of COVID impacts. Looking into 2021, the Vaz Lobo-1 well is poised to become the first deep-water wildcat to be spudded in the Campos Basin in quite some time – the drilling will be done by the Samsung-built West Tellus drillship. Widely perceived as a litmus test for Brazil’s pre-salt prospects, should Vaz Lobo mark a discovery, its success is guaranteed to gin up further exploration drilling. The entire block’s assumed pre-drilling reserves stand at 2.4 BBbbls, Petrobras has already identified 4 prospects with a gross pre-drill resource estimate of 1.3 Bboe.4、Silverback (United States)The US Gulf of Mexico might witness an evolutionary feat this year, as Chevron’s drilling of the Silverback prospect in the Mississippi Canyon 35 block might open up the GOM’s heretofore untapped deeper-water frontiers. Mississippi Canyon 35 was offered during the US Bureau of Ocean Management’s (BOEM) lease sale #249 in 2017, Chevron grabbed it along with 14 other offshore blocks. Located some 150km from the Louisiana coastline, should the first Silverback wildcat (to be spudded in water depths of 1050-1100 meters) hit commercial reserves of oil, it can fully avail itself of ready-to-use infrastructure in its immediate vicinity, such as the Delta House FPS platform. The crude is assumed to be of medium quality, approximately 35 degrees API, i.e. tangibly lighter than the Mississippi Canyon benchmark, the 29-30° API Mars.5、Ondjaba (Angola)There is one thing we can be certain about with regard to the Ondjaba-1 well in offshore Angola, to be drilled in Q2 2021 by Total. At water depths of 3628 meters, the prospective well will be spudded in heretofore unprecedented, record depths. Ondjaba will also be the first well to be spudded in Block 48, the Total-operated ultra-deepwater license, being the most highly appraised prospect within the Block. Preliminary estimates put Ondjaba’s resource bounty at 0.82 Bbbls, however the Angolan NOC Sonangol states Block 48 might contain another 1.2-1.3 BBbls provided that the targeted Ondjaba turns out be commercial. The assumed success estimate of the drilling is assumed at 50%. Merely several weeks before the spudding, Qatar Petroleum has finalized its purchase of a 30-percent stake in Block 48, including the Ondjaba prospect (Sonangol holds the remaining 30%).","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324032347,"gmtCreate":1615942815089,"gmtModify":1704788704048,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324032347","repostId":"1183445870","repostType":4,"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324036272,"gmtCreate":1615942791996,"gmtModify":1704788703402,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324036272","repostId":"1192607248","repostType":4,"repost":{"id":"1192607248","pubTimestamp":1615942564,"share":"https://www.laohu8.com/m/news/1192607248?lang=&edition=full","pubTime":"2021-03-17 08:56","market":"us","language":"en","title":"Why Tesla Stock Fell Sharply on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1192607248","media":"Motley Fool","summary":"The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year","content":"<p>The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year.</p>\n<p><b>What happened</b></p>\n<p>Shares of&nbsp;<b>Tesla</b>&nbsp;(NASDAQ:TSLA)&nbsp;took a hit on Tuesday. The electric car maker slid by as much as 5.2%, and ended the trading day down by 4.4%.</p>\n<p>That decline was likely primarily due to a broad pullback in the prices of manygrowth stockstoward the end of the session.</p>\n<p><b>So what</b></p>\n<p>The&nbsp;<b>S&amp;P 500</b>&nbsp;market index retreated from a gain during the middle of the trading day to end it down by 0.2%. Lots of growth stocks, however, fell by several percentage points or more.</p>\n<p>The bearish trend in the market during the last few hours of trading reflected caution on Wall Street ahead of a news conference Fed Chairman Jerome Powell will hold Wednesday. Some investors may be concerned about how his remarks could impact the market.</p>\n<p>Tesla has been an especially volatile stock this year, rising to a price just above $900 in January and then falling to below $550 in early March. The price has recovered quite a bit in the past couple of weeks, but Tuesday's decline left the shares at about $677. Given that Tesla is a growth stock in its purest form, such wild volatility shouldn't be considered unusual.</p>\n<p><b>Now what</b></p>\n<p>Meanwhile, Tesla management says it expects vehicle sales to soar by more than 50% in 2021 compared to 2020, when it delivered about 500,000. Analysts have big expectations, too. On average, they're forecasting the company's fiscal 2021 revenue will increase by 53%.</p>\n<p>The problem, of course, is that high expectations are already baked into Tesla's stock. While it's always possible that the automaker will exceed even the most bullish analysts' views, investors should prepare for more volatility, which is quite normal for stocks that have a lot of anticipated growth priced in.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Fell Sharply on Tuesday</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 Tesla Stock Fell Sharply on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) took a hit on Tuesday. The electric car maker slid by ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/16/why-tesla-stock-fell-sharply-on-tuesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192607248","content_text":"The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year.\nWhat happened\nShares of Tesla (NASDAQ:TSLA) took a hit on Tuesday. The electric car maker slid by as much as 5.2%, and ended the trading day down by 4.4%.\nThat decline was likely primarily due to a broad pullback in the prices of manygrowth stockstoward the end of the session.\nSo what\nThe S&P 500 market index retreated from a gain during the middle of the trading day to end it down by 0.2%. Lots of growth stocks, however, fell by several percentage points or more.\nThe bearish trend in the market during the last few hours of trading reflected caution on Wall Street ahead of a news conference Fed Chairman Jerome Powell will hold Wednesday. Some investors may be concerned about how his remarks could impact the market.\nTesla has been an especially volatile stock this year, rising to a price just above $900 in January and then falling to below $550 in early March. The price has recovered quite a bit in the past couple of weeks, but Tuesday's decline left the shares at about $677. Given that Tesla is a growth stock in its purest form, such wild volatility shouldn't be considered unusual.\nNow what\nMeanwhile, Tesla management says it expects vehicle sales to soar by more than 50% in 2021 compared to 2020, when it delivered about 500,000. Analysts have big expectations, too. On average, they're forecasting the company's fiscal 2021 revenue will increase by 53%.\nThe problem, of course, is that high expectations are already baked into Tesla's stock. While it's always possible that the automaker will exceed even the most bullish analysts' views, investors should prepare for more volatility, which is quite normal for stocks that have a lot of anticipated growth priced in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324038443,"gmtCreate":1615942746982,"gmtModify":1704788701461,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hi everyone","listText":"Hi everyone","text":"Hi everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324038443","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325098359,"gmtCreate":1615848829471,"gmtModify":1704787337644,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi everyone","listText":"hi everyone","text":"hi everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325098359","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322977468,"gmtCreate":1615770734054,"gmtModify":1704786232376,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Up Up and away","listText":"Up Up and away","text":"Up Up and away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322977468","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328469439,"gmtCreate":1615552003421,"gmtModify":1704784443019,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gogo gogo","listText":"Gogo gogo","text":"Gogo gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/328469439","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321715273,"gmtCreate":1615470167492,"gmtModify":1704783192760,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"diemon hense","listText":"diemon hense","text":"diemon hense","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/321715273","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323603562,"gmtCreate":1615335471156,"gmtModify":1704781255567,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hello everyone","listText":"Hello everyone","text":"Hello everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323603562","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329565919,"gmtCreate":1615259760831,"gmtModify":1704780251775,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Helloooo everyone","listText":"Helloooo everyone","text":"Helloooo everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/329565919","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329324806,"gmtCreate":1615210840305,"gmtModify":1704779593212,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"8,888.88?","listText":"8,888.88?","text":"8,888.88?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329324806","repostId":"1162079280","repostType":2,"isVote":1,"tweetType":1,"viewCount":6,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329328744,"gmtCreate":1615210510888,"gmtModify":1704779588266,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"TSLA!","listText":"TSLA!","text":"TSLA!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329328744","repostId":"1134030314","repostType":2,"repost":{"id":"1134030314","pubTimestamp":1615193175,"share":"https://www.laohu8.com/m/news/1134030314?lang=&edition=full","pubTime":"2021-03-08 16:46","market":"us","language":"en","title":"Get Ready To Buy These 3 EV Stocks While They're On Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1134030314","media":"seekingalpha","summary":"Summary\n\nThe EV trade had accelerated upwards through 2H '20, and has reversed course to start 2021,","content":"<p><b>Summary</b></p>\n<ul>\n <li>The EV trade had accelerated upwards through 2H '20, and has reversed course to start 2021, with rising rates and chip shortages some factors in the fall.</li>\n <li>Growth in personal EV still looks strong, especially in the key growth market China.</li>\n <li>While the signs of a bubble within EV/auxiliary sectors exist, it could be an opportunity to buy into three top names with positive long-term prospects.</li>\n</ul>\n<p>Electric vehicle (\"EV\") and auxiliary industries are facing a whirlwind of selling pressure, stemming from rising rates threatening high-growth stocks on a macro level, to intra-industry trends with chip shortages affecting production. The EV megatrend still continues to rear its head, with dozens of newly public startups in pure-play areas like LiDAR, battery tech, and commercial/fleet EV. The speculative nature of new entrants being multiple quarters out from revenue generation or substantial revenue amounts, and established manufacturers hitting sky-high valuations, has led to some frothy trading recently. However, a handful of established EVs, namely in personal vehicles, look to provide an attractive entry price after a valuation reset - these include current industry leader Tesla (TSLA), and Chinese duo NIO (NIO) and XPeng (XPEV).</p>\n<p><b>Foreword Note</b></p>\n<p>The broader market has been digesting a heap of macro and fiscal factors recently, from the rollback of pandemic restrictions to rates and inflation; with that in mind, volatility within the markets such as what had been exhibited over the course of the past week with large intra-day swings could be set to continue for a period of time. If that is the case, the delicate valuations of high-flying EV stocks, including the ones mentioned here, could be subject to more downward pressure, especially given certain supply-side constraints.</p>\n<p><b>1) Tesla</b></p>\n<p>One of the go-to picks in EV over the past few years has been Tesla, and shares have come to a sluggish start to 2021 after a monumental 2020. Shares crossed into a bear market territory for the YTD period early Friday morning, losing nearly one-third of its market cap since late January. Tesla's rise has helped usher in a new wave of EV adoption, and with high productivity growth, Tesla can further cement its status and growth ability atop the EV pyramid.</p>\n<p>While chip shortages still could impact the auto industry through 1H and early 2H '21, Tesla has secured a supply of nickel from Vale (VALE) which could ease any worries about battery cell shortages that have been floating around the EV sector, possibly weakening the blow relative to Chinese peers.</p>\n<p><b>So what makes this an interesting buy point?</b>Tesla has been a trendsetter for other EV OEMs as shares rode the roller coaster up and down over the past six months, yet the recent valuation reset has brought fairer forward looking multiples amid positive signs in internal developments.</p>\n<p>Tesla still remains on track to break past its own implied delivery numbers, which sit at about 1.7 million in 2023 and 4 million by 2025, contingent on demand. With max capacity at just over 1 million currently, and planned buildouts of GF Austin and Berlin, and potential manufacturing capabilities inBengaluru(though that could be apt for energy storage), Tesla could see production capacity rise to 2 million by 2023, giving some cushion to deliveries. Ability to rapidly scale production after completion, like that in Shanghai, cement forward delivery growth.</p>\n<p>Growth in deliveries is key to driving both revenues and market share higher, as there were some glimpses ofmarket share troublelate last year in China and Europe, as ICE manufacturers ramped up numbers and a heavily fragmented Chinese market saw consumers embrace micro-EVs. With planned deliveries in the millions in just a few years' time, Tesla could be able to reach nearly 1.5%global market sharein China, and over 1% in Europe by 2023.</p>\n<p>As such, Tesla could see revenues jump to $68 billion by 2022, doubling again by 2025 to $125 billion driven by a strong Chinese market and capture of 2.5% global market share. Unlike some of the more mature European markets, China presents a huge market opportunity as EV expands rapidly, with growth forecast to 1.8 million vehicles for 2021. Yet demand and government support for EV development could see EV sales rise quicker than anticipated to over 3 million vehicles by 2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84d977704506bf56d1ee968ca255f5fa\" tg-width=\"669\" tg-height=\"725\"><span>Source: McKinse</span></p>\n<p>While this is a positive for Tesla as well as both Chinese makers, discussed next, price competitiveness from locally-made models could be the key to unlocking that 2.5% global share from China due to high production capacities domestically and imported models.</p>\n<p>With a projection at $68 billion by 2022, Tesla would trade at about 8.8x revenues, and about 4.6x FY25 revenues, represent some multiple consolidation after FY22 multiple sat at nearly 13x. Cybertruck and Semi slated for production this year and delivery next year could also boost revenues through entry into different market segments; Tesla has shown time and time again that demand is there for its vehicles.</p>\n<p>While these multiples do remain high relative to traditional ICE manufacturers, Tesla has traded at a premium due to disruptive ability and location 'ahead of the curve' for EV; should overarching market factors contributing to the EV slide persist, Tesla could see multiples shrink to 5.8x FY22 and 3.2x FY25 revenues if shares drop another 30% to a floor near the low $400s.</p>\n<p><b>Some risks to be aware of</b>for Tesla at the moment are again, valuation, as well as increased competitive threats. For Tesla, valuation acts as a double-edged sword, with the constant chatter of persistent overvaluation relative to every metric, to undervaluation based on hypothetical scenarios within 'revolutionary' FSD and energy storage. Forward EV/revenues based on FY22 (two-year forward) sits at about 8.8x, far higher than historical around 3x.</p>\n<p>Increased competitive threats from startups and ICE manufacturers could also threaten high growth rates in deliveries, as micro EVs in China have outpaced deliveries of other EVs despite being in a completely different market segment. Tesla looks to be able to weather that with future price deliveries or actually fulfilling the $25,000 vehicle promise. Consolidation will likely still occur within the EV, but Tesla's establishment as the leader could only see pressure on delivery forecasts.</p>\n<p>Tesla still could be trading at multiples that suggest the company hits high-end targets for years to come even at the current valuation, yet the long-term picture within EV and within energy storage have yet to be fully realized.</p>\n<p><b>2) NIO</b></p>\n<p>Chinese leader NIO had quite a year last year, after being bailed out from near bankruptcy to cementing itself at the forefront of the domestic EV cohort with strong delivery numbers.</p>\n<p>Even though NIO's mixed Q4 results did not impress due to slight currency impacts to EPS and forward looking commentary on deliveries from chip shortages, the company's long-term prospects remain intact. After anupbeat takeon earnings on 3/3, shares still dipped double-digits, down over 25% Friday morning before rebounded through the day - now, valuation has come down even further, while the same prospects remain.</p>\n<p><b>So what makes this an interesting buy point?</b>To recap the prior upbeat take, NIO's short-term performance will be impacted by chip and battery constraints, with monthly production run rate expected to decrease by 25% to 7,500 units for Q2, dampening QoQ growth from Q1's expected 20,000 to 20,500 to just 22,500 units. However, constraints are forecast to ease through 2H, allowing capacity to ramp back up to 9,000 to 10,000 units. This could push 2H deliveries significantly to 55,000 units, giving a full year forecast of 95,000 units to 105,000 units.</p>\n<p>Demand remains strong, with February's 5,528 units delivered during a shorter, holiday filled month impacting business days, as well as March's forecast sitting at the top end of the current production rate. NIO still has a major catalyst ahead this year, European expansion, with developments already underway there. Volume growth should allow margins to hover in the mid-teens, setting the manufacturer up to hit profitability by Q4 and annual profitability by FY22 at the earliest in an upside scenario.</p>\n<p>NIO's path for revenue growth to RMB33-34.5 billion (US$5.1-$5.3 billion) for FY21 still is preserved, with BaaS and ADaaS aiding vehicle volume growth. For FY22, production capacity can support 300,000 units and with less potential impacts from supply-side battery/chip constraints, deliveries should rise to 160,000 to 190,000 units, generating revenues of RMB60-65 billion (US$9.3-10.0 billion). NIO has also significantly solidified its balance sheet in just one year at a cost of high dilution, going from less than RMB0.09 cash per RMB1 of debt to RMB2.98 cash per RMB1 of debt - the company now looks to have secured safety from bankruptcy fears just four quarters ago.</p>\n<p>NIO is still witnessing the effects of the EV valuation crunch, with shares down over 50% in early Friday trading from a YTD high in early January. Now, two days later, NIO trades at about 11.5x projected FY21 revenues (down from 13.1x) and 6.2x projected FY22 revenues (down from 7.2x). For a company with impressive triple digit growth potential for FY21 and high double digit potential for FY22 for deliveries, with similar growth in revenues, multiple contraction during the valuation crunch provides attractive long-term entry or averaging down.</p>\n<p><b>Some of the risks associated with NIO</b>include management's expectations for the chip shortages to clear in just four months' time, as well as increased competitive threats domestically from the fragmented market. While the market will react to what it perceives to be weakness, NIO could see impacts from chip shortages affecting production run rates through late Q2/early Q3, which could minimize the potential to beat delivery projections. European expansion could be a bit costly at the moment, and NIO could see costs associated with the network and service center buildout affect near-term margins, which recently hit a high, thus dampening the future profitability picture.</p>\n<p>Price competition also is one risk to be aware of for NIO, and although it does have government backing due to 'poster child' intent to create a world-leading player in EV, the government can't force citizens to buy NIO's cars instead of a competitor's - hence the threat from Tesla looming after price reductions. NIO's unwillingness to enter other price segments and instead focus on premium segment sales could see it unable to capture the rapid growth in micro EV, and lose out overall domestic market share.</p>\n<p><b>3) XPeng</b></p>\n<p>XPeng has fared the worst of the three so far, with shares slipping over 40% since February, trading nearly one-third of all-time high in November in early Friday. However, the impacts bottlenecking current sales trajectory clearing by Q3 similar to the case with NIO, and the decline in valuation paired with first-mover status amongst the Chinese group in Europe are long-term positives.</p>\n<p><b>So what makes this an interesting buy point?</b>XPeng's deliveries for February cited CNY seasonality for the ~60% month-over-month decline to 2,223 units, although chip shortages are another highly likely factor. Even so, XPeng should be able to reach 12,500 units for Q1, leaving it on track to hit 57,500 units under strong seasonality and production run rates returning to normal in 2H (this is a slight decrease from a prior 65,000 unitprojectiondue to impacts from chip shortages coming to light).</p>\n<p>Revenues are poised to hit RMB13.2 billion (US$2.05 billion) for FY21, rising to RMB29.5 billion (US$4.50 billion) in 2020, supported by capacity expansion at Zhaoqing to max run rate of 100,000 annually, European expansion and strong Chinese demand. With valuation cut down significantly over the past weeks, XPeng trades at 10.7x FY21 revenues and 4.9x FY22. These multiples are slightly lower than NIO's, but that is to be expected due to differences in cumulative deliveries. Like NIO, XPeng raised a substantial amount of cash (nearly RMB30 billion in Dec.-Jan.), supporting growth efforts.</p>\n<p>XPeng's projected triple digit growth in revenues in the next two years stems down to the technological advancements within its vehicles, keeping demand high. Vehicles offer level 3 autonomous capabilities after the OTA upgrade earlier this calendar year, with more support for AD through Navigation Guided Pilot, in its beta version during Q1. Push for high levels of tech can serve as a driver for deliveries by differentiating XPeng's models from the competition.</p>\n<p>European expansion is also a bright spot for XPeng, beating NIO to the market thereafter starting off with a small shipment of its G3 to Norway. More country expansion and expansion in Norway, a mature, well-equipped EV market, will serve as a driver for deliveries and potentially slightly higher model prices, aiding revenues. Capacity expansion through Guangzhou in 2023 can send more models to Europe, which could exhibit a similar rapid to 10,000 units within half a year.</p>\n<p><b>Some risks to be aware of</b>in XPeng are its margins, and a recent recall of the G3 from an inverter issue. Margins through Q3 were in the low-single digit, while NIO posted a mid-teen vehicle margin, rising to a high-teen through Q4. XPeng's margins are much smaller due to the deep focus on R&amp;D spend - advancing vehicles technologically comes at a cost - and due to this, operating expense leverage will prove difficult for another four to eight quarters, prolonging the path to profitability.</p>\n<p>The recall of 13,339 units of the G3 for inverter issues causing a loss of power and posing safety risks could have served as a contributing factor for the weak February deliveries, but the other risk from recalls, should others occur, is the costs associated with solving them. While XPeng has the cash to do so, the potential to incur additional costs on top of operating expenses/R&amp;D spend will further pressure margins.</p>\n<p><b>Conclusion</b></p>\n<p>The EV trade had accelerated upwards through 2H '20, and has reversed course to start the year. The sector has the signs and makings of a bubble (such as easy access to capital - dilution/ATM offerings, debt/notes oversubscribing, etc., pre-revenue companies rushing to IPO, speculative betting, etc.), with rapid run-ups in valuations across the board, whether supported by revenues or not, if revenues were even being generated. As such, investing in the leaders could prove a safer bet, although volatility and downward pressures still could flourish for the next few weeks due to industry-wide factors and macro/fiscal factors. Although some issues had surfaced within the three recently, Tesla (TSLA), EVs cult leader, still has tremendous potential within revenue and delivery growth alongside supporting businesses; NIO (NIO) leads the domestic Chinese startup pack in terms of revenues and deliveries and has a bright forecast ahead with multiple catalysts; XPeng's (XPEV) capacity expansion and rapid scalability bode well for European expansion and domestic market share growth. This isn't to say that other EV names in this space aren't as good [Fisker (FSR) and Canoo (GOEV) are speculative bets with high potential], while others like QuantumScape (QS) could provide next-gen breakthrough technologies, but as a disconnect grows between EV growth and valuations, averaging into industry leaders at a discount provides an extra layer of safety ahead of potential industry consolidation.</p>\n<p></p>","source":"seekingalpha","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>Get Ready To Buy These 3 EV Stocks While They're On Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet Ready To Buy These 3 EV Stocks While They're On Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4412098-get-ready-to-buy-3-top-ev-stocks-while-on-sale><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe EV trade had accelerated upwards through 2H '20, and has reversed course to start 2021, with rising rates and chip shortages some factors in the fall.\nGrowth in personal EV still looks ...</p>\n\n<a href=\"https://seekingalpha.com/article/4412098-get-ready-to-buy-3-top-ev-stocks-while-on-sale\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4412098-get-ready-to-buy-3-top-ev-stocks-while-on-sale","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1134030314","content_text":"Summary\n\nThe EV trade had accelerated upwards through 2H '20, and has reversed course to start 2021, with rising rates and chip shortages some factors in the fall.\nGrowth in personal EV still looks strong, especially in the key growth market China.\nWhile the signs of a bubble within EV/auxiliary sectors exist, it could be an opportunity to buy into three top names with positive long-term prospects.\n\nElectric vehicle (\"EV\") and auxiliary industries are facing a whirlwind of selling pressure, stemming from rising rates threatening high-growth stocks on a macro level, to intra-industry trends with chip shortages affecting production. The EV megatrend still continues to rear its head, with dozens of newly public startups in pure-play areas like LiDAR, battery tech, and commercial/fleet EV. The speculative nature of new entrants being multiple quarters out from revenue generation or substantial revenue amounts, and established manufacturers hitting sky-high valuations, has led to some frothy trading recently. However, a handful of established EVs, namely in personal vehicles, look to provide an attractive entry price after a valuation reset - these include current industry leader Tesla (TSLA), and Chinese duo NIO (NIO) and XPeng (XPEV).\nForeword Note\nThe broader market has been digesting a heap of macro and fiscal factors recently, from the rollback of pandemic restrictions to rates and inflation; with that in mind, volatility within the markets such as what had been exhibited over the course of the past week with large intra-day swings could be set to continue for a period of time. If that is the case, the delicate valuations of high-flying EV stocks, including the ones mentioned here, could be subject to more downward pressure, especially given certain supply-side constraints.\n1) Tesla\nOne of the go-to picks in EV over the past few years has been Tesla, and shares have come to a sluggish start to 2021 after a monumental 2020. Shares crossed into a bear market territory for the YTD period early Friday morning, losing nearly one-third of its market cap since late January. Tesla's rise has helped usher in a new wave of EV adoption, and with high productivity growth, Tesla can further cement its status and growth ability atop the EV pyramid.\nWhile chip shortages still could impact the auto industry through 1H and early 2H '21, Tesla has secured a supply of nickel from Vale (VALE) which could ease any worries about battery cell shortages that have been floating around the EV sector, possibly weakening the blow relative to Chinese peers.\nSo what makes this an interesting buy point?Tesla has been a trendsetter for other EV OEMs as shares rode the roller coaster up and down over the past six months, yet the recent valuation reset has brought fairer forward looking multiples amid positive signs in internal developments.\nTesla still remains on track to break past its own implied delivery numbers, which sit at about 1.7 million in 2023 and 4 million by 2025, contingent on demand. With max capacity at just over 1 million currently, and planned buildouts of GF Austin and Berlin, and potential manufacturing capabilities inBengaluru(though that could be apt for energy storage), Tesla could see production capacity rise to 2 million by 2023, giving some cushion to deliveries. Ability to rapidly scale production after completion, like that in Shanghai, cement forward delivery growth.\nGrowth in deliveries is key to driving both revenues and market share higher, as there were some glimpses ofmarket share troublelate last year in China and Europe, as ICE manufacturers ramped up numbers and a heavily fragmented Chinese market saw consumers embrace micro-EVs. With planned deliveries in the millions in just a few years' time, Tesla could be able to reach nearly 1.5%global market sharein China, and over 1% in Europe by 2023.\nAs such, Tesla could see revenues jump to $68 billion by 2022, doubling again by 2025 to $125 billion driven by a strong Chinese market and capture of 2.5% global market share. Unlike some of the more mature European markets, China presents a huge market opportunity as EV expands rapidly, with growth forecast to 1.8 million vehicles for 2021. Yet demand and government support for EV development could see EV sales rise quicker than anticipated to over 3 million vehicles by 2022.\nSource: McKinse\nWhile this is a positive for Tesla as well as both Chinese makers, discussed next, price competitiveness from locally-made models could be the key to unlocking that 2.5% global share from China due to high production capacities domestically and imported models.\nWith a projection at $68 billion by 2022, Tesla would trade at about 8.8x revenues, and about 4.6x FY25 revenues, represent some multiple consolidation after FY22 multiple sat at nearly 13x. Cybertruck and Semi slated for production this year and delivery next year could also boost revenues through entry into different market segments; Tesla has shown time and time again that demand is there for its vehicles.\nWhile these multiples do remain high relative to traditional ICE manufacturers, Tesla has traded at a premium due to disruptive ability and location 'ahead of the curve' for EV; should overarching market factors contributing to the EV slide persist, Tesla could see multiples shrink to 5.8x FY22 and 3.2x FY25 revenues if shares drop another 30% to a floor near the low $400s.\nSome risks to be aware offor Tesla at the moment are again, valuation, as well as increased competitive threats. For Tesla, valuation acts as a double-edged sword, with the constant chatter of persistent overvaluation relative to every metric, to undervaluation based on hypothetical scenarios within 'revolutionary' FSD and energy storage. Forward EV/revenues based on FY22 (two-year forward) sits at about 8.8x, far higher than historical around 3x.\nIncreased competitive threats from startups and ICE manufacturers could also threaten high growth rates in deliveries, as micro EVs in China have outpaced deliveries of other EVs despite being in a completely different market segment. Tesla looks to be able to weather that with future price deliveries or actually fulfilling the $25,000 vehicle promise. Consolidation will likely still occur within the EV, but Tesla's establishment as the leader could only see pressure on delivery forecasts.\nTesla still could be trading at multiples that suggest the company hits high-end targets for years to come even at the current valuation, yet the long-term picture within EV and within energy storage have yet to be fully realized.\n2) NIO\nChinese leader NIO had quite a year last year, after being bailed out from near bankruptcy to cementing itself at the forefront of the domestic EV cohort with strong delivery numbers.\nEven though NIO's mixed Q4 results did not impress due to slight currency impacts to EPS and forward looking commentary on deliveries from chip shortages, the company's long-term prospects remain intact. After anupbeat takeon earnings on 3/3, shares still dipped double-digits, down over 25% Friday morning before rebounded through the day - now, valuation has come down even further, while the same prospects remain.\nSo what makes this an interesting buy point?To recap the prior upbeat take, NIO's short-term performance will be impacted by chip and battery constraints, with monthly production run rate expected to decrease by 25% to 7,500 units for Q2, dampening QoQ growth from Q1's expected 20,000 to 20,500 to just 22,500 units. However, constraints are forecast to ease through 2H, allowing capacity to ramp back up to 9,000 to 10,000 units. This could push 2H deliveries significantly to 55,000 units, giving a full year forecast of 95,000 units to 105,000 units.\nDemand remains strong, with February's 5,528 units delivered during a shorter, holiday filled month impacting business days, as well as March's forecast sitting at the top end of the current production rate. NIO still has a major catalyst ahead this year, European expansion, with developments already underway there. Volume growth should allow margins to hover in the mid-teens, setting the manufacturer up to hit profitability by Q4 and annual profitability by FY22 at the earliest in an upside scenario.\nNIO's path for revenue growth to RMB33-34.5 billion (US$5.1-$5.3 billion) for FY21 still is preserved, with BaaS and ADaaS aiding vehicle volume growth. For FY22, production capacity can support 300,000 units and with less potential impacts from supply-side battery/chip constraints, deliveries should rise to 160,000 to 190,000 units, generating revenues of RMB60-65 billion (US$9.3-10.0 billion). NIO has also significantly solidified its balance sheet in just one year at a cost of high dilution, going from less than RMB0.09 cash per RMB1 of debt to RMB2.98 cash per RMB1 of debt - the company now looks to have secured safety from bankruptcy fears just four quarters ago.\nNIO is still witnessing the effects of the EV valuation crunch, with shares down over 50% in early Friday trading from a YTD high in early January. Now, two days later, NIO trades at about 11.5x projected FY21 revenues (down from 13.1x) and 6.2x projected FY22 revenues (down from 7.2x). For a company with impressive triple digit growth potential for FY21 and high double digit potential for FY22 for deliveries, with similar growth in revenues, multiple contraction during the valuation crunch provides attractive long-term entry or averaging down.\nSome of the risks associated with NIOinclude management's expectations for the chip shortages to clear in just four months' time, as well as increased competitive threats domestically from the fragmented market. While the market will react to what it perceives to be weakness, NIO could see impacts from chip shortages affecting production run rates through late Q2/early Q3, which could minimize the potential to beat delivery projections. European expansion could be a bit costly at the moment, and NIO could see costs associated with the network and service center buildout affect near-term margins, which recently hit a high, thus dampening the future profitability picture.\nPrice competition also is one risk to be aware of for NIO, and although it does have government backing due to 'poster child' intent to create a world-leading player in EV, the government can't force citizens to buy NIO's cars instead of a competitor's - hence the threat from Tesla looming after price reductions. NIO's unwillingness to enter other price segments and instead focus on premium segment sales could see it unable to capture the rapid growth in micro EV, and lose out overall domestic market share.\n3) XPeng\nXPeng has fared the worst of the three so far, with shares slipping over 40% since February, trading nearly one-third of all-time high in November in early Friday. However, the impacts bottlenecking current sales trajectory clearing by Q3 similar to the case with NIO, and the decline in valuation paired with first-mover status amongst the Chinese group in Europe are long-term positives.\nSo what makes this an interesting buy point?XPeng's deliveries for February cited CNY seasonality for the ~60% month-over-month decline to 2,223 units, although chip shortages are another highly likely factor. Even so, XPeng should be able to reach 12,500 units for Q1, leaving it on track to hit 57,500 units under strong seasonality and production run rates returning to normal in 2H (this is a slight decrease from a prior 65,000 unitprojectiondue to impacts from chip shortages coming to light).\nRevenues are poised to hit RMB13.2 billion (US$2.05 billion) for FY21, rising to RMB29.5 billion (US$4.50 billion) in 2020, supported by capacity expansion at Zhaoqing to max run rate of 100,000 annually, European expansion and strong Chinese demand. With valuation cut down significantly over the past weeks, XPeng trades at 10.7x FY21 revenues and 4.9x FY22. These multiples are slightly lower than NIO's, but that is to be expected due to differences in cumulative deliveries. Like NIO, XPeng raised a substantial amount of cash (nearly RMB30 billion in Dec.-Jan.), supporting growth efforts.\nXPeng's projected triple digit growth in revenues in the next two years stems down to the technological advancements within its vehicles, keeping demand high. Vehicles offer level 3 autonomous capabilities after the OTA upgrade earlier this calendar year, with more support for AD through Navigation Guided Pilot, in its beta version during Q1. Push for high levels of tech can serve as a driver for deliveries by differentiating XPeng's models from the competition.\nEuropean expansion is also a bright spot for XPeng, beating NIO to the market thereafter starting off with a small shipment of its G3 to Norway. More country expansion and expansion in Norway, a mature, well-equipped EV market, will serve as a driver for deliveries and potentially slightly higher model prices, aiding revenues. Capacity expansion through Guangzhou in 2023 can send more models to Europe, which could exhibit a similar rapid to 10,000 units within half a year.\nSome risks to be aware ofin XPeng are its margins, and a recent recall of the G3 from an inverter issue. Margins through Q3 were in the low-single digit, while NIO posted a mid-teen vehicle margin, rising to a high-teen through Q4. XPeng's margins are much smaller due to the deep focus on R&D spend - advancing vehicles technologically comes at a cost - and due to this, operating expense leverage will prove difficult for another four to eight quarters, prolonging the path to profitability.\nThe recall of 13,339 units of the G3 for inverter issues causing a loss of power and posing safety risks could have served as a contributing factor for the weak February deliveries, but the other risk from recalls, should others occur, is the costs associated with solving them. While XPeng has the cash to do so, the potential to incur additional costs on top of operating expenses/R&D spend will further pressure margins.\nConclusion\nThe EV trade had accelerated upwards through 2H '20, and has reversed course to start the year. The sector has the signs and makings of a bubble (such as easy access to capital - dilution/ATM offerings, debt/notes oversubscribing, etc., pre-revenue companies rushing to IPO, speculative betting, etc.), with rapid run-ups in valuations across the board, whether supported by revenues or not, if revenues were even being generated. As such, investing in the leaders could prove a safer bet, although volatility and downward pressures still could flourish for the next few weeks due to industry-wide factors and macro/fiscal factors. Although some issues had surfaced within the three recently, Tesla (TSLA), EVs cult leader, still has tremendous potential within revenue and delivery growth alongside supporting businesses; NIO (NIO) leads the domestic Chinese startup pack in terms of revenues and deliveries and has a bright forecast ahead with multiple catalysts; XPeng's (XPEV) capacity expansion and rapid scalability bode well for European expansion and domestic market share growth. This isn't to say that other EV names in this space aren't as good [Fisker (FSR) and Canoo (GOEV) are speculative bets with high potential], while others like QuantumScape (QS) could provide next-gen breakthrough technologies, but as a disconnect grows between EV growth and valuations, averaging into industry leaders at a discount provides an extra layer of safety ahead of potential industry consolidation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320699396,"gmtCreate":1615088261615,"gmtModify":1704778572714,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Happy Saturday!","listText":"Happy Saturday!","text":"Happy Saturday!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320699396","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367751373,"gmtCreate":1614978770292,"gmtModify":1704777850820,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hello hello","listText":"Hello hello","text":"Hello hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/367751373","isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":382609968,"gmtCreate":1613437594254,"gmtModify":1704880423366,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>nice","listText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>nice","text":"@berdienice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/382609968","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328469439,"gmtCreate":1615552003421,"gmtModify":1704784443019,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gogo gogo","listText":"Gogo gogo","text":"Gogo gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/328469439","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380590872,"gmtCreate":1612546375596,"gmtModify":1704872820919,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"GME! 2 the moon","listText":"GME! 2 the moon","text":"GME! 2 the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":3,"link":"https://ttm.financial/post/380590872","isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383640247,"gmtCreate":1612876789789,"gmtModify":1704875277568,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/383640247","repostId":"2110681000","repostType":2,"repost":{"id":"2110681000","pubTimestamp":1612866834,"share":"https://www.laohu8.com/m/news/2110681000?lang=&edition=full","pubTime":"2021-02-09 18:33","market":"us","language":"en","title":"Bitcoin hits fresh highs after Tesla investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2110681000","media":"BBC","summary":"Getty Images \n \n  Tesla boss Elon Musk recently added \"#bitcoin\" to his Twitter profile page\n \n\nBitc","content":"<html><body><figure>\n<img height=\"549\" src=\"https://s.yimg.com/uu/api/res/1.2/0ErCPj6zNCAPHLMf60Uriw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/bbc_us_articles_995/329032a6a680896414c734c674e6506a\" width=\"976\"/> Getty Images \n <figcaption>\n  Tesla boss Elon Musk recently added \"#bitcoin\" to his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> profile page\n </figcaption>\n</figure>\n<p>Bitcoin has made fresh gains a day after Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency.</p>\n<p>Bitcoin hit a new peak of $48,216 (£34,991) before sliding back slightly, but it still remains 25% higher than five days ago.</p>\n<p>Some investors took Tesla's move as a signal that Bitcoin would become a mainstream financial asset.</p>\n<p>However, there was some criticism about a green car firm investing in such an energy intensive currency.</p>\n<p>Bitcoin, which is generated using a large amount of computing power, currently uses more energy than Argentina per year, according to University of Cambridge analysis.</p>\n<p>The cryptocurrency has already risen in value by 62% this year, on top of a 300% rally in 2020, as investors search for alternative assets with many countries' interest rates at record lows.</p>\n<p>Bitcoin has had some interest from money managers, including Blackrock, which recently changed a handful of investment mandates to allow some of its funds to invest in the currency.</p>\n<p>However, central banks remain sceptical about the cryptocurrency.</p></body></html>","source":"yahoofinance","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>Bitcoin hits fresh highs after Tesla investment</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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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\">\nBitcoin hits fresh highs after Tesla investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-09 18:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-hits-fresh-highs-tesla-102232665.html><strong>BBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Getty Images \n \n  Tesla boss Elon Musk recently added \"#bitcoin\" to his Twitter profile page\n \n\nBitcoin has made fresh gains a day after Tesla said it had bought about $1.5bn (£1.1bn) of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-hits-fresh-highs-tesla-102232665.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/rxW33s7kIzQlL213X45uJA--~B/aD01NDk7dz05NzY7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/2rTxz..M0aq31iJfpK8Vow--~B/aD01NDk7dz05NzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/bbc_us_articles_995/329032a6a680896414c734c674e6506a","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/bitcoin-hits-fresh-highs-tesla-102232665.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2110681000","content_text":"Getty Images \n \n  Tesla boss Elon Musk recently added \"#bitcoin\" to his Twitter profile page\n \n\nBitcoin has made fresh gains a day after Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency.\nBitcoin hit a new peak of $48,216 (£34,991) before sliding back slightly, but it still remains 25% higher than five days ago.\nSome investors took Tesla's move as a signal that Bitcoin would become a mainstream financial asset.\nHowever, there was some criticism about a green car firm investing in such an energy intensive currency.\nBitcoin, which is generated using a large amount of computing power, currently uses more energy than Argentina per year, according to University of Cambridge analysis.\nThe cryptocurrency has already risen in value by 62% this year, on top of a 300% rally in 2020, as investors search for alternative assets with many countries' interest rates at record lows.\nBitcoin has had some interest from money managers, including Blackrock, which recently changed a handful of investment mandates to allow some of its funds to invest in the currency.\nHowever, central banks remain sceptical about the cryptocurrency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568894875985464","authorId":"3568894875985464","name":"berdie","avatar":"https://static.tigerbbs.com/2a759292c7ebf2349fa618396f6ce0fe","crmLevel":2,"crmLevelSwitch":0},"content":"yea hmmm","text":"yea hmmm","html":"yea hmmm"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366804595,"gmtCreate":1614425769517,"gmtModify":1704771741507,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/366804595","repostId":"366146922","repostType":1,"repost":{"id":366146922,"gmtCreate":1614419548262,"gmtModify":1704771708318,"author":{"id":"35433028694349","authorId":"35433028694349","name":"老虎专刊","avatar":"https://static.laohu8.com/e0b93d50cf0df54ce7b1b746f78db36c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【老虎週刊】老虎社區一週十大精華文章","htmlText":"嗨，虎友們好~這裏是老虎社區每週更新的欄目“老虎週刊”。 “老虎週刊”精選老虎社區虎友們一週精華寫作，希望對您的投資有所助力。 最好發現認識志同道合的虎友，一起投資一起成長。感謝虎友們支持，祝您投資順利！ 下面進入一週榜單： <a href=\"https://laohu8.com/TW/368676367\" target=\"_blank\">這時候要注意做好避險，我推薦三個策略</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3534312224764596\">@甘燦榮_交易所講師及資管</a> 美股這兩天大漲大跌，相信很多朋友不知道如何處理。 下週四晚8點，我有場直播講座和大家聊聊美股指的相關情況，屆時會有針對通脹率，美債利率和美股關係的更詳盡的解讀。 現在先給大家聊聊當下緊急的情況。 <a href=\"https://laohu8.com/TW/360588644\" target=\"_blank\">如何快速找潛力股？</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3573680037239051\">@財經龍眼</a> 很多小夥伴在問我是怎麼找到我推薦的這些股票的，方法有很多。 我今天給大家介紹一種比較容易上手的掃股方法。 <a href=\"https://laohu8.com/TW/369499508\" target=\"_blank\">如何用期權數據篩選出高勝率高回報的異動期權</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3521339628608760\">@美股隊長8</a> 這個數據網址是國外的網站，網站有部分免費功能，也有收費功能，收費功能分股票、期權和財報版塊，今天主要講的是","listText":"嗨，虎友們好~這裏是老虎社區每週更新的欄目“老虎週刊”。 “老虎週刊”精選老虎社區虎友們一週精華寫作，希望對您的投資有所助力。 最好發現認識志同道合的虎友，一起投資一起成長。感謝虎友們支持，祝您投資順利！ 下面進入一週榜單： <a href=\"https://laohu8.com/TW/368676367\" target=\"_blank\">這時候要注意做好避險，我推薦三個策略</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3534312224764596\">@甘燦榮_交易所講師及資管</a> 美股這兩天大漲大跌，相信很多朋友不知道如何處理。 下週四晚8點，我有場直播講座和大家聊聊美股指的相關情況，屆時會有針對通脹率，美債利率和美股關係的更詳盡的解讀。 現在先給大家聊聊當下緊急的情況。 <a href=\"https://laohu8.com/TW/360588644\" target=\"_blank\">如何快速找潛力股？</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3573680037239051\">@財經龍眼</a> 很多小夥伴在問我是怎麼找到我推薦的這些股票的，方法有很多。 我今天給大家介紹一種比較容易上手的掃股方法。 <a href=\"https://laohu8.com/TW/369499508\" target=\"_blank\">如何用期權數據篩選出高勝率高回報的異動期權</a> 發佈者：<a target=\"_blank\" href=\"https://laohu8.com/U/3521339628608760\">@美股隊長8</a> 這個數據網址是國外的網站，網站有部分免費功能，也有收費功能，收費功能分股票、期權和財報版塊，今天主要講的是","text":"嗨，虎友們好~這裏是老虎社區每週更新的欄目“老虎週刊”。 “老虎週刊”精選老虎社區虎友們一週精華寫作，希望對您的投資有所助力。 最好發現認識志同道合的虎友，一起投資一起成長。感謝虎友們支持，祝您投資順利！ 下面進入一週榜單： 這時候要注意做好避險，我推薦三個策略 發佈者：@甘燦榮_交易所講師及資管 美股這兩天大漲大跌，相信很多朋友不知道如何處理。 下週四晚8點，我有場直播講座和大家聊聊美股指的相關情況，屆時會有針對通脹率，美債利率和美股關係的更詳盡的解讀。 現在先給大家聊聊當下緊急的情況。 如何快速找潛力股？ 發佈者：@財經龍眼 很多小夥伴在問我是怎麼找到我推薦的這些股票的，方法有很多。 我今天給大家介紹一種比較容易上手的掃股方法。 如何用期權數據篩選出高勝率高回報的異動期權 發佈者：@美股隊長8 這個數據網址是國外的網站，網站有部分免費功能，也有收費功能，收費功能分股票、期權和財報版塊，今天主要講的是","images":[{"img":"https://static.tigerbbs.com/9792895b7ae6d1587bbc3dc469c026e4","width":"1305","height":"856"},{"img":"https://static.tigerbbs.com/0a0a31a329393b0b342956e14cca4fb4","width":"600","height":"418"},{"img":"https://static.tigerbbs.com/5bf5a7bff91f16d634f2e6aa8479750a","width":"1920","height":"977"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366146922","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":10,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0},"content":"nice nice","text":"nice nice","html":"nice nice"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360509382,"gmtCreate":1613951729546,"gmtModify":1704886039059,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Morning!","listText":"Morning!","text":"Morning!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/360509382","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385193761,"gmtCreate":1613520078353,"gmtModify":1704881506789,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hapy Niu Year","listText":"Hapy Niu Year","text":"Hapy Niu Year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/385193761","isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360895505,"gmtCreate":1613880854507,"gmtModify":1704885649041,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a> see","listText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a> see","text":"@berdie see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/360895505","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","pubTimestamp":1613733842,"share":"https://www.laohu8.com/m/news/1161529893?lang=&edition=full","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></p>","source":"lsy1603348471595","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>Goldman Sachs is joining the robo-investing party — should you?</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\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">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://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382876372,"gmtCreate":1613436780896,"gmtModify":1704880415265,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>Hi!","listText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>Hi!","text":"@berdieHi!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/382876372","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389194606,"gmtCreate":1612711106505,"gmtModify":1704873616563,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/389194606","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389934453,"gmtCreate":1612662048572,"gmtModify":1704873368095,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>Hi","listText":"<a href=\"https://laohu8.com/U/3568894875985464\">@berdie</a>Hi","text":"@berdieHi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/389934453","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367751373,"gmtCreate":1614978770292,"gmtModify":1704777850820,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hello hello","listText":"Hello hello","text":"Hello hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/367751373","isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366285155,"gmtCreate":1614489373777,"gmtModify":1704772051391,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/366285155","repostId":"1117820997","repostType":4,"repost":{"id":"1117820997","pubTimestamp":1614337504,"share":"https://www.laohu8.com/m/news/1117820997?lang=&edition=full","pubTime":"2021-02-26 19:05","market":"us","language":"en","title":"Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange","url":"https://stock-news.laohu8.com/highlight/detail?id=1117820997","media":"MarketWatch","summary":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading","content":"<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.</p>\n<p>Coinbase&nbsp;plans to list on the Nasdaq Inc. exchange&nbsp;under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies&nbsp;and Spotify Technology&nbsp;in recent years.</p>\n<p>Here’s what to know about the popular trading platform ahead of its public offering.</p>\n<p><b>What is Coinbase?</b></p>\n<p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p>\n<p>There are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.</p>\n<p>According to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.</p>\n<p>Coinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67e611f71f8557b80e1863da93d753c9\" tg-width=\"1260\" tg-height=\"639\"><span>COINBASE S-1</span></p>\n<p>Bitcoin prices&nbsp;have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.</p>\n<p>Last week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether&nbsp;on Ethereum’s blockchain, Bitcoin Cash&nbsp;and Litecoin,to name a few.</p>\n<p><b>Who else owns Coinbase?</b></p>\n<p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.</p>\n<p>Coinbase has an ambitions echo those of Robinhood Markets</p>\n<p>“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.</p>\n<p><b>Biggest risk factor</b></p>\n<p>No doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.</p>\n<p>But a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.</p>\n<p>Here’s now Coinbase explains it:</p>\n<p>“<i>There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected</i>,” Coinbase writes in its S-1 filing.</p>\n<p><b>How large is Coinbase?</b></p>\n<p>The crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/183f3996adecd36a47a1b191cf6d3ca6\" tg-width=\"1260\" tg-height=\"453\"><span>COINMARKETCAP.COM</span></p>\n<p>In the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc.&nbsp;settlements to invest in bitcoins.</p>\n<p>Kraken is another popular crypto platform and direct competitor in the U.S.</p>\n<p><b>Odds &amp; Ends</b></p>\n<p>The company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.</p>\n<p>For example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).</p>\n<p>The company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”</p>\n<p>However, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.</p>\n<p>The company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit&nbsp;and means long-term holder of an investment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d3d07b595555c3cb7e307056bde87a6\" tg-width=\"1260\" tg-height=\"348\"><span>SEC</span></p>\n<p><b>Armstrong crypto charity</b></p>\n<p>Back in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.</p>\n<p>“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.</p>\n<p>Armstrong has reportedly donated at least $1 million to&nbsp;GiveCrypto.</p>","source":"market_watch","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>Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange</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\">\nCoinbase IPO: 5 things to know about the U.S. cryptocurrency exchange\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDAQ":"纳斯达克OMX交易所","TSLA":"特斯拉","SPOT":"Spotify Technology S.A.","GBTC":"Grayscale Bitcoin Trust","SQ":"Block","PYPL":"PayPal","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117820997","content_text":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to list on the Nasdaq Inc. exchange under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies and Spotify Technology in recent years.\nHere’s what to know about the popular trading platform ahead of its public offering.\nWhat is Coinbase?\nThe Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.\nThere are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.\nAccording to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.\nCoinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.\nCOINBASE S-1\nBitcoin prices have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.\nLast week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether on Ethereum’s blockchain, Bitcoin Cash and Litecoin,to name a few.\nWho else owns Coinbase?\nVenture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.\nCoinbase has an ambitions echo those of Robinhood Markets\n“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.\nBiggest risk factor\nNo doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.\nBut a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.\nHere’s now Coinbase explains it:\n“There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected,” Coinbase writes in its S-1 filing.\nHow large is Coinbase?\nThe crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.\nCOINMARKETCAP.COM\nIn the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc. settlements to invest in bitcoins.\nKraken is another popular crypto platform and direct competitor in the U.S.\nOdds & Ends\nThe company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.\nFor example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).\nThe company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”\nHowever, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.\nThe company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit and means long-term holder of an investment.\nSEC\nArmstrong crypto charity\nBack in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.\n“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.\nArmstrong has reportedly donated at least $1 million to GiveCrypto.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386462495,"gmtCreate":1613259934317,"gmtModify":1704879576188,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/386462495","repostId":"1179092967","repostType":4,"repost":{"id":"1179092967","pubTimestamp":1613100617,"share":"https://www.laohu8.com/m/news/1179092967?lang=&edition=full","pubTime":"2021-02-12 11:30","market":"us","language":"en","title":"Not Just Tesla: Why Big Companies are Buying into Crypto-Mania","url":"https://stock-news.laohu8.com/highlight/detail?id=1179092967","media":"barrons","summary":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla , which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.Mastercard  said on Wednesday that it will let m","content":"<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.</p><p>The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.</p><p>But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.</p><p>Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.</p><p>Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.</p><p>There are at least four big reasons corporations are diving in.</p><p>One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.</p><p>Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor told<i>Barron’s</i>&nbsp;in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.</p><p>Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.</p><p>Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.</p><p>Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.</p><p>And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.</p><p>A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.</p><p>A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.</p><p>Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.</p><p>“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.</p><p>Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.</p><p>“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email to<i>Barron’s</i>. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Not Just Tesla: Why Big Companies are Buying into Crypto-Mania</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\">\nNot Just Tesla: Why Big Companies are Buying into Crypto-Mania\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of ...</p>\n\n<a href=\"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/414360f2ef7b5c785cb936b4a9b53a44","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179092967","content_text":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.There are at least four big reasons corporations are diving in.One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor toldBarron’s in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email toBarron’s. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366447097,"gmtCreate":1614558159119,"gmtModify":1704772373545,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good Morning! Its March","listText":"Good Morning! Its March","text":"Good Morning! Its March","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/366447097","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321715273,"gmtCreate":1615470167492,"gmtModify":1704783192760,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"diemon hense","listText":"diemon hense","text":"diemon hense","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/321715273","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366804267,"gmtCreate":1614425743459,"gmtModify":1704771741344,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366804267","repostId":"1181374212","repostType":4,"repost":{"id":"1181374212","pubTimestamp":1614335737,"share":"https://www.laohu8.com/m/news/1181374212?lang=&edition=full","pubTime":"2021-02-26 18:35","market":"hk","language":"en","title":"Trading tax hike won’t harm competitiveness of Hong Kong’s stock market, says financial secretary","url":"https://stock-news.laohu8.com/highlight/detail?id=1181374212","media":"cnbc","summary":"Hong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.Chan said in his budget speech on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.The move “will not harm our competitiveness and at the same time will bring additional revenue to the government at this juncture,” said Chan.Chan said in his budget speech on Wednesday","content":"<div>\n<p>KEY POINTS\n\nHong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.\nChan said...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/26/trading-tax-hike-wont-harm-hong-kongs-stock-market-financial-secretary.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Trading tax hike won’t harm competitiveness of Hong Kong’s stock market, says financial secretary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrading tax hike won’t harm competitiveness of Hong Kong’s stock market, says financial secretary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 18:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/26/trading-tax-hike-wont-harm-hong-kongs-stock-market-financial-secretary.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nHong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.\nChan said...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/26/trading-tax-hike-wont-harm-hong-kongs-stock-market-financial-secretary.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSI":"恒生指数","00388":"香港交易所","HSCCI":"红筹指数"},"source_url":"https://www.cnbc.com/2021/02/26/trading-tax-hike-wont-harm-hong-kongs-stock-market-financial-secretary.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181374212","content_text":"KEY POINTS\n\nHong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.\nChan said in his budget speech on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.\nThe move “will not harm our competitiveness and at the same time will bring additional revenue to the government at this juncture,” said Chan.\n\nHong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.\nChan said in his budget speech on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.The announcement sparked a sell-off in shares of the operator of the city’s stock exchange, and the broader Hong Kong market.\n“The Hong Kong market has been doing very well, very active, the volume has gone up quite a bit,” Chan told CNBC’s Emily Tan.\n“So, perhaps this is the time for us to increase a little bit on the stamp duty which will not harm our competitiveness and at the same time will bring additional revenue to the government at this juncture,” he added.\nThe financial secretary said Hong Kong authorities have in recent years launched different initiatives to enhance the competitiveness of the city’s stock market. That includes allowing listings of dual-class shares and attracting U.S.-listed Chinese companies to seek a secondary listing in Hong Kong, he said.\nHong Kong in 2020 was one of the top markets for listings globally as Chinese firms such as e-commerce giant JD.com and gaming company NetEase raised funds through secondary listings.\nIn total, the city’s stock exchange saw 132 initial public offerings worth $32.1 billion, and 199 further offerings worth $62.9 billion last year, according to data compiled by consultancy PwC.\nWith such “robust” capital markets activity, raising the trading stamp duty may offer Hong Kong “a quick solution” to increase its tax revenue in the short term, said Stanley Ho, a partner for corporate tax advisory at consultancy KPMG China.\n“However, it is also important for Hong Kong’s capital markets to stay competitive with global financial markets, many of which are trending towards reducing or removing such duties,” Ho said in a statement after Chan’s budget speech.\nChan said he remains confident of Hong Kong’s prospects as an international financial center.\nHe explained that the government is working on promoting Hong Kong as a center for sustainable and green finance, developing further the city’s fixed income markets and encouraging more activity in the asset and wealth management sectors.\nOn the stock market sell-off after his announcement of the trading tax hike, Chan said Hong Kong wasn’t the only one experiencing a “downward adjustment” following a previous run-up.\n“So, I would not be bothered by temporary fluctuations in the market. What we believe is we continue to work hard to enhance the offering of our market to further enhance the competitiveness and attractiveness of the Hong Kong market,” he said.\n“We will continue to attract inflow of international capital.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366855929,"gmtCreate":1614441975661,"gmtModify":1704771832941,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"nice nice","listText":"nice nice","text":"nice nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366855929","repostId":"1117820997","repostType":2,"repost":{"id":"1117820997","pubTimestamp":1614337504,"share":"https://www.laohu8.com/m/news/1117820997?lang=&edition=full","pubTime":"2021-02-26 19:05","market":"us","language":"en","title":"Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange","url":"https://stock-news.laohu8.com/highlight/detail?id=1117820997","media":"MarketWatch","summary":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading","content":"<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.</p>\n<p>Coinbase&nbsp;plans to list on the Nasdaq Inc. exchange&nbsp;under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies&nbsp;and Spotify Technology&nbsp;in recent years.</p>\n<p>Here’s what to know about the popular trading platform ahead of its public offering.</p>\n<p><b>What is Coinbase?</b></p>\n<p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p>\n<p>There are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.</p>\n<p>According to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.</p>\n<p>Coinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67e611f71f8557b80e1863da93d753c9\" tg-width=\"1260\" tg-height=\"639\"><span>COINBASE S-1</span></p>\n<p>Bitcoin prices&nbsp;have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.</p>\n<p>Last week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether&nbsp;on Ethereum’s blockchain, Bitcoin Cash&nbsp;and Litecoin,to name a few.</p>\n<p><b>Who else owns Coinbase?</b></p>\n<p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.</p>\n<p>Coinbase has an ambitions echo those of Robinhood Markets</p>\n<p>“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.</p>\n<p><b>Biggest risk factor</b></p>\n<p>No doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.</p>\n<p>But a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.</p>\n<p>Here’s now Coinbase explains it:</p>\n<p>“<i>There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected</i>,” Coinbase writes in its S-1 filing.</p>\n<p><b>How large is Coinbase?</b></p>\n<p>The crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/183f3996adecd36a47a1b191cf6d3ca6\" tg-width=\"1260\" tg-height=\"453\"><span>COINMARKETCAP.COM</span></p>\n<p>In the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc.&nbsp;settlements to invest in bitcoins.</p>\n<p>Kraken is another popular crypto platform and direct competitor in the U.S.</p>\n<p><b>Odds &amp; Ends</b></p>\n<p>The company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.</p>\n<p>For example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).</p>\n<p>The company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”</p>\n<p>However, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.</p>\n<p>The company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit&nbsp;and means long-term holder of an investment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d3d07b595555c3cb7e307056bde87a6\" tg-width=\"1260\" tg-height=\"348\"><span>SEC</span></p>\n<p><b>Armstrong crypto charity</b></p>\n<p>Back in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.</p>\n<p>“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.</p>\n<p>Armstrong has reportedly donated at least $1 million to&nbsp;GiveCrypto.</p>","source":"market_watch","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>Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange</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\">\nCoinbase IPO: 5 things to know about the U.S. cryptocurrency exchange\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDAQ":"纳斯达克OMX交易所","TSLA":"特斯拉","SPOT":"Spotify Technology S.A.","GBTC":"Grayscale Bitcoin Trust","SQ":"Block","PYPL":"PayPal","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117820997","content_text":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to list on the Nasdaq Inc. exchange under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies and Spotify Technology in recent years.\nHere’s what to know about the popular trading platform ahead of its public offering.\nWhat is Coinbase?\nThe Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.\nThere are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.\nAccording to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.\nCoinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.\nCOINBASE S-1\nBitcoin prices have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.\nLast week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether on Ethereum’s blockchain, Bitcoin Cash and Litecoin,to name a few.\nWho else owns Coinbase?\nVenture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.\nCoinbase has an ambitions echo those of Robinhood Markets\n“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.\nBiggest risk factor\nNo doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.\nBut a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.\nHere’s now Coinbase explains it:\n“There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected,” Coinbase writes in its S-1 filing.\nHow large is Coinbase?\nThe crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.\nCOINMARKETCAP.COM\nIn the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc. settlements to invest in bitcoins.\nKraken is another popular crypto platform and direct competitor in the U.S.\nOdds & Ends\nThe company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.\nFor example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).\nThe company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”\nHowever, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.\nThe company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit and means long-term holder of an investment.\nSEC\nArmstrong crypto charity\nBack in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.\n“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.\nArmstrong has reportedly donated at least $1 million to GiveCrypto.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382575553,"gmtCreate":1613471126772,"gmtModify":1704880819895,"author":{"id":"3557230149862956","authorId":"3557230149862956","name":"8488940","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Time to cut..","listText":"Time to cut..","text":"Time to cut..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382575553","repostId":"1168749416","repostType":2,"repost":{"id":"1168749416","pubTimestamp":1613468978,"share":"https://www.laohu8.com/m/news/1168749416?lang=&edition=full","pubTime":"2021-02-16 17:49","market":"us","language":"en","title":"The best thing for Tesla is a slow and steady loss of market share?","url":"https://stock-news.laohu8.com/highlight/detail?id=1168749416","media":"MarketWatch","summary":"As rivals start to sell electric vehicles in earnest, the market will grow and highlight Tesla’s innovation prowess, protecting the planet in the process.We love Tesla — we’re huge fans of the way the company has made electric cars cool.The Palo Alto, Calif.-based company’s Model 3 is probably the most appetizing lower-cost electric vehicle  on the market today, and is well on its way to becoming a massive success.And Tesla’s rapid escalation in battery production has forced down prices of lithi","content":"<p>As rivals start to sell electric vehicles in earnest, the market will grow and highlight Tesla’s innovation prowess, protecting the planet in the process.</p>\n<p>We love Tesla — we’re huge fans of the way the company has made electric cars cool.</p>\n<p>The Palo Alto, Calif.-based company’s Model 3 is probably the most appetizing lower-cost electric vehicle (EV) on the market today, and is well on its way to becoming a massive success.</p>\n<p>And Tesla’s&nbsp;rapid escalation in battery production has forced down prices of lithium-ion batteries. Yet we’re rejoicing in the news from Schmidt Automotive Research that Tesla has&nbsp;lost market share in the world’s largest EV market, the European Union.</p>\n<p>We’re rejoicing because this is a clear sign of global interest in EVs. In the European Union, Tesla’s loss in market share derived partly from large incumbent automakers’ increasing vigor in making their own EVs more attractive, through both pricing and design diversity.</p>\n<p><b>Good for the planet</b></p>\n<p>A broader, deeper market for these fuel-efficient, pollution-free vehicles is good for the planet and will further reduce prices. EVs’ path to further improvement also makes complete sense.&nbsp;In reality, internal combustion engines (ICEs) are today’s horse-and-buggy: well understood, reliable, and with a great infrastructure, but ultimately unable to compete.</p>\n<p>At the rate at which battery prices (and, by extension, EV prices)&nbsp;are falling and adoption is increasing, all car makers will have commenced publicly phasing out ICEs. General Motors&nbsp;has already taken the plunge and&nbsp;will phase out combustion engines by 2035.</p>\n<p>We won’t be surprised if GM revises this schedule in about three years from now and declares that it will go all electric by 2028, and all of the other carmakers follow.</p>\n<p>The history of technology foretells the future of electric cars. The accelerometer, a system that measure how fast an object is accelerating or decelerating, exemplifies the process. In the 1950s, early accelerometers allowed ballistic missiles to maintain their trajectories.&nbsp; They cost many thousands of dollars.&nbsp;Today, accelerometer chips more sensitive than those that rode in missile cones cost a few dollars or less and&nbsp;are available on Alibaba.</p>\n<p>This occurred because when Apple’s&nbsp;iPhone made smart phones popular, a host of technologies became ubiquitous. Alphabet’s&nbsp;Android operating system and Linux-based systems-on-chips helped increase economies of scale, and the prices of all smartphone components fell dramatically, with broad ripple effects on many technologies.</p>\n<p>More importantly, entirely new categories piggybacked on smartphone technology. Drones are basically active mobile phones. They use much of the same computational technology, and their prices are similarly falling.</p>\n<p>And EVs are essentially mobile phones on wheels.&nbsp;They have many more moving parts and need additional features, such as lasers, rangefinders and airbags; nonetheless, they resemble mobile phones or drones more than they do ICE cars.</p>\n<p>Tesla has approached EVs as software products and upgradeable devices: more like iPhones than like traditional cars. And that makes sense.&nbsp;An EV is little more than a software-controlled engine with a battery in a box, and the batteries will soon become commodities.</p>\n<p><b>Battery-powered everything</b></p>\n<p>Eventually car bodies of all shapes and sizes will be 3D printed. EV entrants are already tackling all parts of the EV market, from tiny delivery robots and cargo drones to e-bikes and customized vans.&nbsp;All are flavors of battery-powered locomotion.&nbsp;And the cheapest will be widely affordable, which will democratize services as the $20 Jio smartphones in India have democratized online access.&nbsp; Already, e-bikes that manage 20 miles an hour in speed cost less than $500, and they suit many basic commuting tasks in urban areas.</p>\n<p>So Tesla, the EV leader, has nothing to worry about: Increasing awareness and fomenting innovation, it has made the addressable market much larger for itself.&nbsp; Like Apple’s, Tesla’s brand is powerful.&nbsp;Unlike Apple, Tesla faces some pretty cool competition, even now.&nbsp;Porsche has just announced an EV version of its Macan with pricing similar to the Tesla Model S sedans.</p>\n<p>Tesla CEO Elon Musk clearly recognizes and embraces a strategy of growing a much bigger pie. The market for EVs is far larger than a market for cars: precisely why he open-sourced Tesla’s patents and made it easier for rivals to scale up and build better cars and expand the market.</p>\n<p>Tesla will probably remain a small player in the global vehicle market by sales volume but stay on its cutting edge, just as Apple did in mobile phones.&nbsp;Steve Jobs positioned Apple firmly up market, and it has remained there, capturing the lion’s share of smartphone profits.</p>\n<p>So the best thing for Tesla — and the planet’s future — is a slow and steady loss of market share.&nbsp;The EV’s time has come, and that means it’s time for Tesla to face much stiffer competition.</p>","source":"market_watch","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>The best thing for Tesla is a slow and steady loss of market share?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe best thing for Tesla is a slow and steady loss of market share?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-best-thing-for-tesla-is-a-slow-and-steady-loss-of-market-share-11613062433?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As rivals start to sell electric vehicles in earnest, the market will grow and highlight Tesla’s innovation prowess, protecting the planet in the process.\nWe love Tesla — we’re huge fans of the way ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-best-thing-for-tesla-is-a-slow-and-steady-loss-of-market-share-11613062433?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/the-best-thing-for-tesla-is-a-slow-and-steady-loss-of-market-share-11613062433?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1168749416","content_text":"As rivals start to sell electric vehicles in earnest, the market will grow and highlight Tesla’s innovation prowess, protecting the planet in the process.\nWe love Tesla — we’re huge fans of the way the company has made electric cars cool.\nThe Palo Alto, Calif.-based company’s Model 3 is probably the most appetizing lower-cost electric vehicle (EV) on the market today, and is well on its way to becoming a massive success.\nAnd Tesla’s rapid escalation in battery production has forced down prices of lithium-ion batteries. Yet we’re rejoicing in the news from Schmidt Automotive Research that Tesla has lost market share in the world’s largest EV market, the European Union.\nWe’re rejoicing because this is a clear sign of global interest in EVs. In the European Union, Tesla’s loss in market share derived partly from large incumbent automakers’ increasing vigor in making their own EVs more attractive, through both pricing and design diversity.\nGood for the planet\nA broader, deeper market for these fuel-efficient, pollution-free vehicles is good for the planet and will further reduce prices. EVs’ path to further improvement also makes complete sense. In reality, internal combustion engines (ICEs) are today’s horse-and-buggy: well understood, reliable, and with a great infrastructure, but ultimately unable to compete.\nAt the rate at which battery prices (and, by extension, EV prices) are falling and adoption is increasing, all car makers will have commenced publicly phasing out ICEs. General Motors has already taken the plunge and will phase out combustion engines by 2035.\nWe won’t be surprised if GM revises this schedule in about three years from now and declares that it will go all electric by 2028, and all of the other carmakers follow.\nThe history of technology foretells the future of electric cars. The accelerometer, a system that measure how fast an object is accelerating or decelerating, exemplifies the process. In the 1950s, early accelerometers allowed ballistic missiles to maintain their trajectories.  They cost many thousands of dollars. Today, accelerometer chips more sensitive than those that rode in missile cones cost a few dollars or less and are available on Alibaba.\nThis occurred because when Apple’s iPhone made smart phones popular, a host of technologies became ubiquitous. Alphabet’s Android operating system and Linux-based systems-on-chips helped increase economies of scale, and the prices of all smartphone components fell dramatically, with broad ripple effects on many technologies.\nMore importantly, entirely new categories piggybacked on smartphone technology. Drones are basically active mobile phones. They use much of the same computational technology, and their prices are similarly falling.\nAnd EVs are essentially mobile phones on wheels. They have many more moving parts and need additional features, such as lasers, rangefinders and airbags; nonetheless, they resemble mobile phones or drones more than they do ICE cars.\nTesla has approached EVs as software products and upgradeable devices: more like iPhones than like traditional cars. And that makes sense. An EV is little more than a software-controlled engine with a battery in a box, and the batteries will soon become commodities.\nBattery-powered everything\nEventually car bodies of all shapes and sizes will be 3D printed. EV entrants are already tackling all parts of the EV market, from tiny delivery robots and cargo drones to e-bikes and customized vans. All are flavors of battery-powered locomotion. And the cheapest will be widely affordable, which will democratize services as the $20 Jio smartphones in India have democratized online access.  Already, e-bikes that manage 20 miles an hour in speed cost less than $500, and they suit many basic commuting tasks in urban areas.\nSo Tesla, the EV leader, has nothing to worry about: Increasing awareness and fomenting innovation, it has made the addressable market much larger for itself.  Like Apple’s, Tesla’s brand is powerful. Unlike Apple, Tesla faces some pretty cool competition, even now. Porsche has just announced an EV version of its Macan with pricing similar to the Tesla Model S sedans.\nTesla CEO Elon Musk clearly recognizes and embraces a strategy of growing a much bigger pie. The market for EVs is far larger than a market for cars: precisely why he open-sourced Tesla’s patents and made it easier for rivals to scale up and build better cars and expand the market.\nTesla will probably remain a small player in the global vehicle market by sales volume but stay on its cutting edge, just as Apple did in mobile phones. Steve Jobs positioned Apple firmly up market, and it has remained there, capturing the lion’s share of smartphone profits.\nSo the best thing for Tesla — and the planet’s future — is a slow and steady loss of market share. The EV’s time has come, and that means it’s time for Tesla to face much stiffer competition.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}