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BJL_FIRE
2022-07-29
Nice!
Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy
BJL_FIRE
2022-03-07
...
What Is The Boring Company?
BJL_FIRE
2022-03-07
[Smile]
These Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse
BJL_FIRE
2022-03-05
[Strong]
TSLA Stock Starts to Rev Up on Berlin Gigafactory Approval
BJL_FIRE
2022-03-05
when will the downtrend end...
US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data
BJL_FIRE
2021-08-02
Hmmm
Apple: Take Your Profits Now, Come Back Later
BJL_FIRE
2021-07-29
Hope the sentiment can also be up after this
China Injects Short-Term Cash After Plunge in Stocks and Bonds
BJL_FIRE
2021-07-17
Gosh…
Pfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content
BJL_FIRE
2021-07-17
[Sad]
Dow drops nearly 300 points on Friday, snaps 3-week winning streak
BJL_FIRE
2021-03-26
Good news!
Xiaomi is negotiating to use Great Wall Motor's factory to produce electric cars
BJL_FIRE
2021-03-26
Wait and see!
Tech stocks, with the exception of one, are 'frustrating a lot of investors': analyst
BJL_FIRE
2021-02-08
Look forward to tencent’s 2020 annual report!!
Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO
Go to Tiger App to see more news
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","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903487815","repostId":"2255309371","repostType":4,"repost":{"id":"2255309371","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659047924,"share":"https://ttm.financial/m/news/2255309371?lang=&edition=fundamental","pubTime":"2022-07-29 06:38","market":"us","language":"en","title":"Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2255309371","media":"Reuters","summary":"July 28 (Reuters) - Apple Incon Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations a","content":"<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, "Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors."</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units "pockets of weakness."</p><p>"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that," he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy\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\">2022-07-29 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, "Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors."</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units "pockets of weakness."</p><p>"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that," he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255309371","content_text":"July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.Canalys Research analyst Runar Bjorhovde said, \"Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors.\"The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units \"pockets of weakness.\"\"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that,\" he added.Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031432424,"gmtCreate":1646637065516,"gmtModify":1676534145758,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031432424","repostId":"2217496783","repostType":2,"repost":{"id":"2217496783","kind":"news","pubTimestamp":1646549283,"share":"https://ttm.financial/m/news/2217496783?lang=&edition=fundamental","pubTime":"2022-03-06 14:48","market":"us","language":"en","title":"What Is The Boring Company?","url":"https://stock-news.laohu8.com/highlight/detail?id=2217496783","media":"Investopedia","summary":"What Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n","content":"<!DOCTYPE html>\n\n<html lang=\"en\">\n<head>\n<link href=\"//c.amazon-adsystem.com\" rel=\"preconnect\"/>\n<link href=\"//securepubads.g.doubleclick.net\" rel=\"preconnect\"/>\n<meta charset=\"utf-8\"/>\n<meta http-equiv=\"X-UA-Compatible\"/>\n<meta/>\n<meta/>\n<link href=\"https://www.investopedia.com/what-is-the-boring-company-4581757\" rel=\"canonical\"/>\n<title>What Is The Boring Company?</title>\n<meta itemprop=\"description\"/>\n<meta/>\n<meta/>\n<meta/>\n<meta/>\n<meta itemprop=\"name\"/>\n<meta property=\"fb:app_id\"/>\n<meta property=\"og:type\"/>\n<meta property=\"og:site_name\"/>\n<meta property=\"og:url\"/>\n<meta property=\"og:title\"/>\n<meta property=\"og:description\"/>\n<meta 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2.1-1.4 3.6-1.4zm26.1 0c-1.5-2-3.6-3.1-6.3-3.1-2.5 0-4.6.9-6.3 2.7s-2.5 4.1-2.5 6.8.9 5 2.5 6.8c1.7 1.8 3.8 2.7 6.3 2.7 2.6 0 4.7-1.1 6.3-3.2v2.7h3.5V40.5h-3.5v10zm-1.7 2c1.1 1.2 1.6 2.7 1.6 4.5 0 1.7-.6 3.3-1.6 4.5-1.1 1.2-2.4 1.8-4.2 1.8-1.7 0-3.1-.6-4.2-1.8-1.1-1.2-1.7-2.7-1.7-4.5s.6-3.3 1.7-4.5c1.1-1.2 2.5-1.8 4.2-1.8 1.8.1 3.1.7 4.2 1.8zm43.5-3c-1.3-1.4-3-2.1-5.2-2.1-2.4 0-4.2.9-5.4 2.6v-9.6h-3.5v25.7h3.5l.1-10.5c0-1.5.4-2.6 1.2-3.5.8-.9 1.8-1.3 3.2-1.3 1.4 0 2.5.4 3.3 1.3.8.9 1.2 2 1.2 3.5v10.6h3.5V55c0-2.3-.6-4.1-1.9-5.5zM259.1 48h3.5v18.2h-3.5zm0-7.5h3.4v3.4h-3.4z\"></path></g></svg> </symbol>\n</defs>\n</svg>\n<noscript></noscript>\n<div></div>\n<div>\n<div>\n<div>\n<div>\n<svg>\n<use xlink:href=\"#icon-hamburger\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<svg>\n<use xlink:href=\"#icon-close\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n</div>\n<ul>\n<li>\n<div>\n\nEducation\n\n<svg>\n<use xlink:href=\"#icon-caret\" 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value=\"\"/>\n<button type=\"submit\">Submit</button>\n</div>\n</form>\n</div>\n</div>\n<div>\n<div></div>\n</div>\n<div></div>\n<main role=\"main\">\n<article>\n<div>\n<div>\n Business\n <svg>\n<use xlink:href=\"#icon-arrow-right\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n Company Profiles\n</div>\n<header>\n<h1>\nWhat Is The Boring Company?</h1>\n<div></div>\n<div>\n<div>\n<div>\n<div>\n<span>By</span>\n<div>\nLuke Fortney\n<div>\n<div>\n<div>\n<div>\n<img height=\"200\" width=\"90\"/>\n<noscript>\n<img height=\"200\" src=\"https://www.investopedia.com/thmb/bzLVZlqFqwEIsIx8SJk6ZpYbakM=/90x200/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg\" srcset=\"https://www.investopedia.com/thmb/7R7bj_InvhkEXFJLVARb_bl-0ho=/90x0/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg 90w, https://www.investopedia.com/thmb/7R7bj_InvhkEXFJLVARb_bl-0ho=/90x0/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg 90w\" width=\"90\"/>\n</noscript>\n</div> </div>\n<span>Full Bio</span>\n<div>\nLuke Fortney is a data journalism and an Investopedia contributing writer. He also contributes to WNYC/PRI's daily show, The Takeaway.\n</div>\n</div>\n<div>\n<span>Learn about our </span>\neditorial policies\n</div>\n</div>\n</div>\n</div>\n<div>Updated March 06, 2022</div>\n</div>\n</div>\n</div>\n</header>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<span>\nTable of Contents</span>\n<div>\n<button>\nExpand</button>\n</div>\n</div>\n<div>\n<span>\nTable of Contents</span>\n<svg>\n<use xlink:href=\"#icon-drawer-arrow\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n</div>\n<ul>\n<li>\n<div>\n<span>What Is The Boring Company?</span>\n</div>\n</li>\n<li>\n<div>\n<span>What Does The Boring Company Do?</span>\n</div>\n</li>\n<li>\n<div>\n<span>Reimagining Public Transit</span>\n</div>\n</li>\n<li>\n<div>\n<span>Selling Recreational Flamethrowers</span>\n</div>\n</li>\n<li>\n<div>\n<span>Latest Innovations</span>\n</div>\n</li>\n<li>\n<div>\n<span>The Elon Musk Factor</span>\n</div>\n</li>\n<li>\n<div>\n<span>The Bottom Line</span>\n</div>\n</li>\n</ul>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<span></span> <h2> <span> What Is The Boring Company? </span> </h2>\n<p>\nLike many of Elon Musk's most controversial ideas, The Boring Company began as a tweet. Musk was presumably sitting in a Los Angelean rush hour on Dec. 18, 2016, when he wrote, \"Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging...\" If Musk were anyone but the CEO of Tesla, he might have left it at that, but just minutes later, it seemed that he had given the idea some serious thought.<span></span>\n</p>\n<div></div>\n<p>\n\"I am actually going to do this. It shall be called 'The Boring Company,'\" Musk said in a series of tweets. But unlike his proposals to \"take Tesla private,\" build a \"media credibility website\" or pilot a mini-submarine in Thailand — ideas that were either hated, unsuccessful, or both — The Boring Company may just be Musk's most successful social media pitch to date.<span></span><span></span> The Tesla CEO officially launched The Boring Company in January 2017, but not before returning to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> to coin a company slogan: \"Boring, it's what we do.\"\n</p>\n<div></div>\n<p>\nThe Boring Company broke ground <a href=\"https://laohu8.com/S/AONE.U\">one</a> month later in February 2017 while digging a test hole on the premises of SpaceX. The test dig reportedly began on a Friday afternoon, when Musk said \"Let's get started today and see what's the biggest hole we can dig between now and Sunday afternoon, running 24 hours a day.\" At the end of that period, The Boring Company had managed to produce a hole measuring 30 feet wide, 50 feet long, and 15 feet deep.\n</p>\n<div></div>\n<div>\n<div>\n<h3>\nKey Takeaways</h3>\n<div>\n<ul><li>The Boring Company, an underground tunneling system company, was founded by Elon Musk to solve big-city traffic problems.</li><li>The Boring Company has completed three projects: the Las Vegas Convention Center (LVCC), the Hyperloop Test Track, and the R&D Tunnel.</li><li>In progress is the 29-mile Vegas Loop tunnel that will connect to 51 stations within Las Vegas and Los Angeles.</li><li>The Boring Company entered and won the City of Chicago's contest to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.</li><li>The Boring Company introduced recreational flamethrowers to the market, selling a total of approximately 20,000 units.</li></ul></div>\n</div>\n</div>\n<figure>\n<div>\n<div>\n<img height=\"493\" width=\"742\"/>\n<noscript>\n<img height=\"493\" src=\"https://www.investopedia.com/thmb/egd39mxrGTVB1CThjsx64deQdwg=/742x493/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png\" srcset=\"https://www.investopedia.com/thmb/TgHUMJnzxvkMkI25nwK-YgWy_LU=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 300w, https://www.investopedia.com/thmb/bVWdZ-i-7D6ztitNY6ptSc7ucIA=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 372w, https://www.investopedia.com/thmb/vtoLfWbaYGSL6OndfsX7BRSGFzo=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 444w, https://www.investopedia.com/thmb/qCMbGf9_fFoZTl81XQ0iQwSBX-w=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 516w, https://www.investopedia.com/thmb/3aH219keVWBaE6cQKmeEz752_3c=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 660w\" width=\"742\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>A Tesla Model X fitted with what Elon Musk describe as \"tracking wheels.\".</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> What Does The Boring Company Do? </span> </h2>\n<p>\nWhile Elon Musk has demonstrated concern over what happens on land and in space, he also seems to be interested in what goes on underground. Just two years after its founding, The Boring Company is an infrastructure and tunnel construction company with contracts in Las Vegas, Los Angeles, and Hawthorne, California.\n</p>\n<div></div>\n<p>\nThe company's self-stated goal is \"to solve the problem of soul-destroying traffic\" by building a network of transportation corridors underground.<span></span> How exactly are they going to do that? Musk has suggested that he has the technology and the means to increase tunneling speed and drop costs by a factor of 10 or more. For context, the most expensive tunneling projects can cost as much as $1 billion per mile in urban areas.\n</p>\n<div></div>\n<h3> <span> The Boring Company Products </span> </h3>\n<p>\nThe Boring Company boasts five product lines: Loop, Utility, Freight, Pedestrian, and Bare.<span></span> The Loop—the heart of the tunneling system—is the company's underground public transportation system. Equipped with miles of tunnels and stations, it is designed to eliminate burdensome traffic.\n</p>\n<div></div>\n<p>\nUtility uses the tunneling system to store utility lines. Its design reduces or eliminates surface disruption and allows easy access to utilities. Freight uses tunnels to transfer freight, reducing the dependency on rail and other freight delivery systems.\n</p>\n<div></div>\n<p>\nThe pedestrian product line features tunnels that pedestrians use to access different destinations, such as with the Las Vegas Convention Center tunnel. These pedestrian tunnels offer a safe alternative to above-ground travel.\n</p>\n<div></div>\n<p>\nLastly, Bare, as its name suggests, is a bare tunnel. It is a build-to-suit type of offering, allowing tunnels to be configured however the purchaser wants.<br/>\n</p>\n<div></div>\n<figure>\n<div>\n<div>\n<img height=\"361\" width=\"640\"/>\n<noscript>\n<img height=\"361\" src=\"https://www.investopedia.com/thmb/JyzTRHvigkzCzVpf94cqDcAMQK8=/640x361/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png\" srcset=\"https://www.investopedia.com/thmb/lp0qTxm9Dn_m7KREaUrjESr56tk=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 300w, https://www.investopedia.com/thmb/TxY3BXjp-AKg_FrwZcZBnLnNEmM=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 372w, https://www.investopedia.com/thmb/Lm0A82Lqh2hoIG6rMURw6cuT_Ck=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 444w, https://www.investopedia.com/thmb/dVy9AMlUXAxBPmcWcJVEnRJwcFQ=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 516w, https://www.investopedia.com/thmb/I_jgHXPzqN89XulYXaH_MrNAuT8=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 660w\" width=\"640\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>The Boring Company has proposed transporting passengers from downtown Chicago to O'Hare airport using high-speed pods.</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> Reimagining Public Transit </span> </h2>\n<p>\nThe Boring Company debuted its first completed stretch of an underground tunnel on Dec. 18, 2018, in Hawthorne, California.<span></span> When the project was first proposed, Musk suggested that pods capable of carrying 16 passengers at once would shoot through the tunnel at speeds of up to 150 miles per hour. But the project that The Boring Company unveiled in December looked remarkably different: instead of passenger pods, Tesla Model Xs were equipped with \"tracking wheels,\" a guiding system similar to the way that vehicles are moved through a car wash.\n</p>\n<div></div>\n<p>\nFirst riders reported that the tracking wheels made rides extremely bumpy even at the test speed of approximately 40 mph. Almost two years to the day after Musk first tweeted about Los Angeles traffic, The Boring Company had completed its first 1.14-mile tunnel at the construction cost of $10 million.\n</p>\n<div></div>\n<h3> <span> The Boring Company wins Chicago </span> </h3>\n<p>\nLove it or hate it, The Boring Company's first tunnel will now pave the way for the company's work in Chicago and Maryland, where it has negotiated contracts to build public transit systems. In February 2018, the City of Chicago announced a competition to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.\n</p>\n<div></div>\n<p>\nThe Boring Company entered the contest with the proposal to transport passengers from downtown to the airport in 12 minutes using automated electric cars. Musk described using a \"loop\" system, in which 16 passengers (and their luggage) would be transported at speeds of 125 to 150 mph in pods that depart every half-minute.<span></span> That's a tall order, especially after Musk's performance in Los Angeles, but in June 2018 Chicago nonetheless selected The Boring Company out of four competing bids.<span></span> If The Boring Company successfully completes the tunnel, the private company's valuation could soar to as much as $16 billion.\n</p>\n<div></div>\n<figure>\n<div>\n<div>\n<img height=\"900\" width=\"1285\"/>\n<noscript>\n<img height=\"900\" src=\"https://www.investopedia.com/thmb/MWXU3BWpqD1lcpPGv7jVkTWrHvc=/1285x900/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png\" srcset=\"https://www.investopedia.com/thmb/rcjUgOnWxD0NJqRzgSKIc2zpgvA=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 300w, https://www.investopedia.com/thmb/BnAghaFBk8hvAVJJAT9kaZPnPsc=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 372w, https://www.investopedia.com/thmb/QjNvJJCAW5hOdEgwfwUHjHZUQTU=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 444w, https://www.investopedia.com/thmb/Kcy5hF-h2YNtMD4qMzLB2u7YgVs=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 516w, https://www.investopedia.com/thmb/lITp_z7Hw6ULMmrCc91Q7HeHFj4=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 660w\" width=\"1285\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>Customs agencies in some states do not allow individuals to ship products called \"flamethrowers.\" To get around this, Musk decided to call his product \"not a flamethrower\".</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> Selling Recreational Flamethrowers </span> </h2>\n<p>\nElon Musk hasn’t been able to keep some of the promises he's made in the past, but when it comes to his Boring Company’s pledge to bring a recreational flamethrower to the market, the Tesla CEO appeared to deliver.\n</p>\n<div></div>\n<p>\nIn December 2017, Musk vowed to make a Boring Company flamethrower if the company could sell 50,000 branded hats for $20 each, and on Christmas Eve he announced on Twitter that the goal had been met.<span></span> Shortly after the release, Musk tweeted: \"Apparently, some customs agencies are saying they won’t allow shipment of anything called a 'Flamethrower'. To solve this, we are renaming it 'Not a Flamethrower'.\"\n</p>\n<div></div>\n<p>\nFlamethrower or not, The Boring Company sold 20,000 units for $500 each on limited release, earning the company unprecedented media exposure and $2 million in revenues.<span></span>\n</p>\n<div></div>\n<span></span> <h2> <span> Latest Innovations </span> </h2>\n<p>\nIn April 2021, The Boring Company completed the Las Vegas Convention Center (LVCC) Loop—a 1.7 mile, two-tunnel system that connects the LVCC New Exhibit Hall and its original campus.<span></span> The LVCC Loop was designed to reduce traveling time and traffic congestion.\n</p>\n<div></div>\n<div>\n<div>\n<h3></h3>\n<div>\n<p>The LVCC Loop reduced travel time between the Convention Center campuses from 45 minutes to 2 minutes.</p></div>\n</div>\n</div>\n<p>\nThe company also completed the 0.8-mile Hyperloop Test Track and 1.14-mile R&D Tunnel in Hawthorne, CA in 2016 and 2018, respectively. The Hyperloop Test Track is a hyperspeed public transportation tunnel system in which passengers travel in autonomous electric pods. Not yet open to the public, the Test Track is used for competitions where participants design and build electric pods to travel Hyperloops. The R&D Tunnel was built to test the company's tunnel infrastructure and Loop and Hyperloop systems.\n</p>\n<div></div>\n<p>\nUnder construction is the Vegas Loop, a 29-mile tunnel that will connect to the LVCC and 50 other stations along the Vegas strip, in downtown Las Vegas, the Las Vegas airport, and other locations. Also in the plan is to connect the Loop to stations in Los Angeles.<br/>\n</p>\n<div></div>\n<span></span> <h2> <span> The Elon Musk Factor </span> </h2>\n<p>\nAs of March 5, 2022, Elon Musk is the world's richest man—an off-and-on position sometimes enjoyed by Amazon founder Jeff Bezos. Elon is the CEO of Tesla, SpaceX, and The Boring Company and the founder of Paypal and other successful companies.\n</p>\n<div></div>\n<h3> <span> Elon Musk: The Early Years </span> </h3>\n<p>\nBorn in South Africa to an engineer father and fashion model mother, Musk was always fascinated with entrepreneurship and innovations.<span></span> At the age of 10, he began to program computers and became so skilled that, at 12, he created and sold his first galactical computer game, Blastar.\n</p>\n<div></div>\n<p>\nAt 17, Elon moved to Canada with his mother and attended Queen's University, where he spent two years before transferring to the University of Pennsylvania. He finished his academic career in Pennsylvania, graduating with bachelor's degrees in Physics and in Economics.\n</p>\n<div></div>\n<h3> <span> Elon Musk: Founder and CEO </span> </h3>\n<p>\nElon Musks's entrepreneurial passion and academic background led him to begin Zip2 with his brother, Kimbal, and partner, Greg Kouri, in 1995. However, in 1999, Compaq purchased the software company for $340 million. With his sudden windfall, Musk formed X.com, which later became <a href=\"https://laohu8.com/S/PYPL\">PayPal</a>. Before Musk left the company, e-commerce platform <a href=\"https://laohu8.com/S/EBAY\">eBay</a> purchased Paypal for a whopping $1.5 billion.\n</p>\n<div></div>\n<div>\n<div>\n<h3>\n$229.1 billion</h3>\n<div>\n<p>The total net worth of Elon Musk as of March 5, 2022.<span></span></p></div>\n</div>\n</div>\n<p>\nIn 2002, Elon used his payout to found SpaceX, a space travel company, although it did not take off for years. In 2004, Elon Musk heavily invested millions in the then-startup Tesla Motors and was later recruited to join the founders to run the company. In 2007, the existing CEO was ousted and Musk was named CEO, a title he currently holds.<br/>\n</p>\n<div></div>\n<div>\n<span></span>\n<h2>What Is the Value of the Boring Company?</h2>\n<div><p>The Boring Company is a private, independent company with no available financials. However, in 2019, it was estimated that the company's valuation was $920 million after raising $120 million in a seed round.<span></span></p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>What Is Prufrock?</h2>\n<div><p>Prufrock is a tunneling machine designed to dig at a greater speed than a traditional excavating machine and without a need to excavate to set up and retrieve the machine.</p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>Can You Still Buy a Not-A-Flamethrower From the Boring Company?</h2>\n<div><p>The Boring Company is not currently selling Not-A-Flamethrowers as it is focusing on its current tunneling projects and products.</p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>Are the Boring Company Flamethrowers Legal?</h2>\n<div><p>The Boring Company's flamethrowers are legal but have been subject to legal disputes. Some lawmakers have introduced bills to outlaw the devices, citing them as a public danger.</p></div>\n</div>\n<div></div>\n<span></span> <h2> <span> The Bottom Line </span> </h2>\n<p>\nThe Boring Company, far from its name suggests, seeks to redefine our infrastructure and transportation systems via the use of tunnels. With successes such as the LVCC Loop system and RD Tunnel, this futuristic travel system may be arriving sooner than anticipated.\n</p>\n<div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n</div>\n<div></div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h3>\nArticle Sources</h3>\n<div>\n<div></div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\nInvestopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our\n<span>editorial policy.</span>\n</div>\n<div>\n<ol>\n<li><p>Forbes. \"#2 Elon Musk.\"</p></li>\n<li><p>Twitter. \"Elon Musk July 9, 2018.\"</p></li>\n<li><p>Twitter. \"Elon Musk May 23, 2018.\"</p></li>\n<li><p>The Boring Company. \"Why Tunnels.\"</p></li>\n<li><p>The Boring Company. \"Products.\"</p></li>\n<li><p>CNBC. \"Elon Musk unveils Boring Company tunnel, promising a new era in high-speed transportation.\"</p></li>\n<li><p>Daily Mail. \"Elon Musk's Boring Company wins its bid to build tunnels that will allow 150mph 'electric skates' to transport people between downtown Chicago and O'Hare Airport.\"</p></li>\n<li><p>City of Chicago. \"Mayor Emmanuel Announces Company Selected to Build and Operate Chicago Express Service Between Downtown and O'Hare Airport.\"</p></li>\n<li><p>The Verge. \"I Have A Boring Company Not-A-Flamethrower.\"</p></li>\n<li><p>The Boring Company. \"The Boring Company Flamethrower.\"</p></li>\n<li><p>The Boring Company. \"Projects.\"</p></li>\n<li><p>Biography. \"Elon Musk.\"</p></li>\n<li><p>Forge. \"The Boring Company IPO.\"</p></li>\n</ol>\n</div>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\nCompare Accounts</div>\n<div>\n<button>\nAdvertiser Disclosure\n</button>\n<div>\n<div>\n×</div>\n<div>\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. 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Investopedia does not include all offers available in the marketplace.</div>\n</div>\n</div>\n<div>\n<div>\n<div>\nProvider</div>\n<div>\nName</div>\n<div>\nDescription</div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n<div></div>\n</div>\n<div>\n<div>\n<div>\n<h3>\nRelated Articles</h3>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"680\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/Y6D_uZcHsCmnKRTnFw6kGJTh9nY=/680x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg\" srcset=\"https://www.investopedia.com/thmb/3r6uPrbBf2bG0xNTvO2UpW4Qjgk=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg 192w, https://www.investopedia.com/thmb/3r6uPrbBf2bG0xNTvO2UpW4Qjgk=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg 192w\" 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Money</h3>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"680\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/ROjR_tYJP-5vh3D7wPGxvxu49ZI=/680x0/filters:no_upscale():max_bytes(150000):strip_icc()/jeff_bezos-5bfc41d146e0fb0083c5bf0b.jpg\" srcset=\"https://www.investopedia.com/thmb/lzK3u-MFh1DHJIMoVgR3727SWOM=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/jeff_bezos-5bfc41d146e0fb0083c5bf0b.jpg 192w, https://www.investopedia.com/thmb/lzK3u-MFh1DHJIMoVgR3727SWOM=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/jeff_bezos-5bfc41d146e0fb0083c5bf0b.jpg 192w\" width=\"680\"/>\n</noscript> </div>\n</div>\n</div>\n<div>\n<p>\nRich & Powerful</p>\n<h3>\nA Look at the 10 Richest People in the World (Updated March 2022)</h3>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"1500\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/dXAr72BA2aeNGxNVwXCMKR6bW8w=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-174817484-382c1581efea403c9798b581b10e3371.jpg\" srcset=\"https://www.investopedia.com/thmb/V7GRWa2ceeDrSZcZ5JQT5EEuZwI=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-174817484-382c1581efea403c9798b581b10e3371.jpg 192w, https://www.investopedia.com/thmb/V7GRWa2ceeDrSZcZ5JQT5EEuZwI=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-174817484-382c1581efea403c9798b581b10e3371.jpg 192w\" width=\"1500\"/>\n</noscript> </div>\n</div>\n</div>\n<div>\n<p>\nCompany Profiles</p>\n<h3>\nThe Economics of Tesla’s Batteries Business</h3>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"1024\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/lGXp_T7I0JYclDDoWpFshNyhzgM=/1024x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1024498180-14680184a1054bea824da0c80bda9f45.jpg\" srcset=\"https://www.investopedia.com/thmb/1tk46FHxdzHuxWf_lGdgZBOPn1s=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1024498180-14680184a1054bea824da0c80bda9f45.jpg 192w, https://www.investopedia.com/thmb/1tk46FHxdzHuxWf_lGdgZBOPn1s=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1024498180-14680184a1054bea824da0c80bda9f45.jpg 192w\" width=\"1024\"/>\n</noscript> </div>\n</div>\n</div>\n<div>\n<p>\nCompany Profiles</p>\n<h3>\n6 Big Risks of Investing in Tesla Stock</h3>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"1024\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/TGhEKUSKQivEt43nQOEvBndvTXE=/1024x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1036094130-a4c7be36c36944d797c4db474ca02a66.jpg\" srcset=\"https://www.investopedia.com/thmb/JKMqShCXv19a116cXaKZuFz-5A0=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1036094130-a4c7be36c36944d797c4db474ca02a66.jpg 192w, https://www.investopedia.com/thmb/JKMqShCXv19a116cXaKZuFz-5A0=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1036094130-a4c7be36c36944d797c4db474ca02a66.jpg 192w\" width=\"1024\"/>\n</noscript> </div>\n</div>\n</div>\n<div>\n<p>\nCEOs</p>\n<h3>\nHow Jeff Bezos Became One of the World’s Richest Men</h3>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n</div>\n<div>\n<div>\nPartner Links</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div>\n<h3>\nRelated Terms</h3>\n<div>\n<div>\n<span>The Nielsen Company: An Overview</span>\n<div>\nThe Nielsen Company is a global provider of market research and analyses of media and viewer interactions.</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>What Is the Big Six Banks?</span>\n<div>\nThe big six banks is a term used in Canada to describe the <a href=\"https://laohu8.com/S/NTIFF\">National Bank of Canada</a>, Royal Bank, the Bank of Montreal, Canadian Imperial Bank of Commerce, the Bank of Nova Scotia (Scotiabank), and Toronto Dominion Bank (TD).</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Export Trading Company (ETC)</span>\n<div>\nAn export trading company is an independent company that provides support services for firms engaged in exporting.</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Mississippi Company</span>\n<div>\nThe Mississippi Company refers to an example of a famous speculative bubble that occurred from 1719-1720. </div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Baby Berkshire</span>\n<div>\nBaby Berkshire is the 50:1 stock split after the market closed on January 20th, 2010, by Berkshire Hathaway Class B shares. </div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>National Motor Freight Traffic Association (NMFTA)</span>\n<div>\nThe National Motor Freight Traffic Association is a nonprofit organization representing interstate, intrastate, and international motor carriers. </div>\n<span>more</span>\n</div>\n</div>\n</div>\n</div>\n</div>\n</div>\n</article>\n</main>\n<div>\n<div>\n<div>\n<div>\n<svg>\n<use xlink:href=\"#inv-logo-inverted\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<nav role=\"navigation\">\n<div>\n<svg>\n<use 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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\">\nWhat Is The Boring Company?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-06 14:48 GMT+8 <a href=https://www.investopedia.com/what-is-the-boring-company-4581757?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n \n\n \n\n\n\n\n\n\n \n\n \n\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEducation\n\n\n\n\n\n\n\n\n\n...</p>\n\n<a href=\"https://www.investopedia.com/what-is-the-boring-company-4581757?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo\">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/1.2/2XdBgKzcYVZSp0ajv8PGhA--~B/aD04MDA7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://s.yimg.com/uu/api/res/1.2/MEMBpe526NDQrPnij7KPDA--~B/aD04MDA7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/investopedia.com/fa17c2e2d279e06e5b81cb23ba744c66","relate_stocks":{"BK4581":"高盛持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4512":"苹果概念","BK4511":"特斯拉概念","BK4099":"汽车制造商","LVCC":"Las Vegas Central Reservations Corp.","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","AMD":"美国超微公司","BK4176":"多领域控股","TD":"道明银行","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","BRK.A":"伯克希尔","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BRK.B":"伯克希尔B","BK4555":"新能源车","BK4576":"AR","AMZN":"亚马逊","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","TSLA":"特斯拉","BK4566":"资本集团","BK4525":"远程办公概念","BK4535":"淡马锡持仓","BK4508":"社交媒体","BK4524":"宅经济概念","BK4559":"巴菲特持仓","AAPL":"苹果","BK4527":"明星科技股","BK4538":"云计算","BK4077":"互动媒体与服务","BK4501":"段永平概念","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4207":"综合性银行","BK4561":"索罗斯持仓","NFLX":"奈飞","BK4573":"虚拟现实","BK4505":"高瓴资本持仓"},"source_url":"https://www.investopedia.com/what-is-the-boring-company-4581757?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2217496783","content_text":"What Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n \n\n \n\n\n\n\n\n\n \n\n \n\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEducation\n\n\n\n\n\n\n\n\n\nGeneral\n\n\n\n\nDictionary\n\n\n\n\nEconomics\n\n\n\n\nCorporate Finance\n\n\n\n\nRoth IRA\n\n\n\n\nStocks\n\n\n\n\nMutual Funds\n\n\n\nPacer Swan SOS Fund of Funds ETF|ETFs\n\n\n\n\n401(k)\n\n\n\n\n\n\nInvesting/Trading\n\n\n\n\nInvesting Essentials\n\n\n\n\nFundamental Analysis\n\n\n\n\nPortfolio Management\n\n\n\n\nTrading Essentials\n\n\n\n\nTechnical Analysis\n\n\n\n\nRisk Management\n\n\n\n\n\n\n\n\n\n\nMarkets\n\n\n\n\n\n\n\n\n\nNews\n\n\n\n\nCompany News\n\n\n\n\nMarkets News\n\n\n\n\nTrading News\n\n\n\n\nPolitical News\n\n\n\n\nTrends\n\n\n\n\n\n\nPopular Stocks\n\n\n\n\nApple (AAPL)\n\n\n\n\nTesla (TSLA)\n\n\n\n\nAmazon (AMZN)\n\n\n\nAMD (AMD)\n\n\n\n\nFacebook (FB)\n\n\n\n\nNetflix (NFLX)\n\n\n\n\n\n\n\n\n\n\nSimulator\n\n\n\n\n\n\nYour Money\n\n\n\n\n\n\n\n\n\nPersonal Finance\n\n\n\n\nWealth Management\n\n\n\n\nBudgeting/Saving\n\n\n\n\nBanking\n\n\n\n\nCredit Cards\n\n\n\n\nHome Ownership\n\n\n\n\nRetirement Planning\n\n\n\n\nTaxes\n\n\n\n\nInsurance\n\n\n\n\n\n\nReviews & Ratings\n\n\n\n\nBest Online Brokers\n\n\n\n\nBest Savings Accounts\n\n\n\n\nBest Home Warranties\n\n\n\n\nBest Credit Cards\n\n\n\n\nBest Personal Loans\n\n\n\n\nBest Student Loans\n\n\n\n\nBest Life Insurance\n\n\n\n\nBest Auto Insurance\n\n\n\n\n\n\n\n\n\n\nAdvisors\n\n\n\n\n\n\n\n\n\nYour Practice\n\n\n\n\nPractice Management\n\n\n\n\nContinuing Education\n\n\n\n\nFinancial Advisor Careers\n\n\n\n\nInvestopedia 100\n\n\n\n\n\n\nWealth Management\n\n\n\n\nPortfolio Construction\n\n\n\n\nFinancial Planning\n\n\n\n\n\n\n\n\n\n\nAcademy\n\n\n\n\n\n\n\n\n\n\n\nPopular Courses\n\n\n\n\nInvesting for Beginners\n\n\n\n\nBecome a Day Trader\n\n\n\n\nTrading for Beginners\n\n\n\n\nTechnical Analysis\n\n\n\n\n\n\nCourses by Topic\n\n\n\n\nAll Courses\n\n\n\n\nTrading Courses\n\n\n\n\nInvesting Courses\n\n\n\n\nFinancial Professional Courses\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\n\n\n\n\n\n Business\n \n\n\n Company Profiles\n\n\n\nWhat Is The Boring Company?\n\n\n\n\n\nBy\n\nLuke Fortney\n\n\n\n\n\n\n\n\n \nFull Bio\n\nLuke Fortney is a data journalism and an Investopedia contributing writer. He also contributes to WNYC/PRI's daily show, The Takeaway.\n\n\n\nLearn about our \neditorial policies\n\n\n\n\nUpdated March 06, 2022\n\n\n\n\n\n\n\n\n\n\n\nTable of Contents\n\n\nExpand\n\n\n\n\nTable of Contents\n\n\n\n\n\n\n\nWhat Is The Boring Company?\n\n\n\n\nWhat Does The Boring Company Do?\n\n\n\n\nReimagining Public Transit\n\n\n\n\nSelling Recreational Flamethrowers\n\n\n\n\nLatest Innovations\n\n\n\n\nThe Elon Musk Factor\n\n\n\n\nThe Bottom Line\n\n\n\n\n\n\n\n\n\n\n What Is The Boring Company? \n\nLike many of Elon Musk's most controversial ideas, The Boring Company began as a tweet. Musk was presumably sitting in a Los Angelean rush hour on Dec. 18, 2016, when he wrote, \"Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging...\" If Musk were anyone but the CEO of Tesla, he might have left it at that, but just minutes later, it seemed that he had given the idea some serious thought.\n\n\n\n\"I am actually going to do this. It shall be called 'The Boring Company,'\" Musk said in a series of tweets. But unlike his proposals to \"take Tesla private,\" build a \"media credibility website\" or pilot a mini-submarine in Thailand — ideas that were either hated, unsuccessful, or both — The Boring Company may just be Musk's most successful social media pitch to date. The Tesla CEO officially launched The Boring Company in January 2017, but not before returning to Twitter to coin a company slogan: \"Boring, it's what we do.\"\n\n\n\nThe Boring Company broke ground one month later in February 2017 while digging a test hole on the premises of SpaceX. The test dig reportedly began on a Friday afternoon, when Musk said \"Let's get started today and see what's the biggest hole we can dig between now and Sunday afternoon, running 24 hours a day.\" At the end of that period, The Boring Company had managed to produce a hole measuring 30 feet wide, 50 feet long, and 15 feet deep.\n\n\n\n\n\nKey Takeaways\n\nThe Boring Company, an underground tunneling system company, was founded by Elon Musk to solve big-city traffic problems.The Boring Company has completed three projects: the Las Vegas Convention Center (LVCC), the Hyperloop Test Track, and the R&D Tunnel.In progress is the 29-mile Vegas Loop tunnel that will connect to 51 stations within Las Vegas and Los Angeles.The Boring Company entered and won the City of Chicago's contest to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.The Boring Company introduced recreational flamethrowers to the market, selling a total of approximately 20,000 units.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nA Tesla Model X fitted with what Elon Musk describe as \"tracking wheels.\".\n The Boring Company\n\n\n What Does The Boring Company Do? \n\nWhile Elon Musk has demonstrated concern over what happens on land and in space, he also seems to be interested in what goes on underground. Just two years after its founding, The Boring Company is an infrastructure and tunnel construction company with contracts in Las Vegas, Los Angeles, and Hawthorne, California.\n\n\n\nThe company's self-stated goal is \"to solve the problem of soul-destroying traffic\" by building a network of transportation corridors underground. How exactly are they going to do that? Musk has suggested that he has the technology and the means to increase tunneling speed and drop costs by a factor of 10 or more. For context, the most expensive tunneling projects can cost as much as $1 billion per mile in urban areas.\n\n\n The Boring Company Products \n\nThe Boring Company boasts five product lines: Loop, Utility, Freight, Pedestrian, and Bare. The Loop—the heart of the tunneling system—is the company's underground public transportation system. Equipped with miles of tunnels and stations, it is designed to eliminate burdensome traffic.\n\n\n\nUtility uses the tunneling system to store utility lines. Its design reduces or eliminates surface disruption and allows easy access to utilities. Freight uses tunnels to transfer freight, reducing the dependency on rail and other freight delivery systems.\n\n\n\nThe pedestrian product line features tunnels that pedestrians use to access different destinations, such as with the Las Vegas Convention Center tunnel. These pedestrian tunnels offer a safe alternative to above-ground travel.\n\n\n\nLastly, Bare, as its name suggests, is a bare tunnel. It is a build-to-suit type of offering, allowing tunnels to be configured however the purchaser wants.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nThe Boring Company has proposed transporting passengers from downtown Chicago to O'Hare airport using high-speed pods.\n The Boring Company\n\n\n Reimagining Public Transit \n\nThe Boring Company debuted its first completed stretch of an underground tunnel on Dec. 18, 2018, in Hawthorne, California. When the project was first proposed, Musk suggested that pods capable of carrying 16 passengers at once would shoot through the tunnel at speeds of up to 150 miles per hour. But the project that The Boring Company unveiled in December looked remarkably different: instead of passenger pods, Tesla Model Xs were equipped with \"tracking wheels,\" a guiding system similar to the way that vehicles are moved through a car wash.\n\n\n\nFirst riders reported that the tracking wheels made rides extremely bumpy even at the test speed of approximately 40 mph. Almost two years to the day after Musk first tweeted about Los Angeles traffic, The Boring Company had completed its first 1.14-mile tunnel at the construction cost of $10 million.\n\n\n The Boring Company wins Chicago \n\nLove it or hate it, The Boring Company's first tunnel will now pave the way for the company's work in Chicago and Maryland, where it has negotiated contracts to build public transit systems. In February 2018, the City of Chicago announced a competition to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.\n\n\n\nThe Boring Company entered the contest with the proposal to transport passengers from downtown to the airport in 12 minutes using automated electric cars. Musk described using a \"loop\" system, in which 16 passengers (and their luggage) would be transported at speeds of 125 to 150 mph in pods that depart every half-minute. That's a tall order, especially after Musk's performance in Los Angeles, but in June 2018 Chicago nonetheless selected The Boring Company out of four competing bids. If The Boring Company successfully completes the tunnel, the private company's valuation could soar to as much as $16 billion.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCustoms agencies in some states do not allow individuals to ship products called \"flamethrowers.\" To get around this, Musk decided to call his product \"not a flamethrower\".\n The Boring Company\n\n\n Selling Recreational Flamethrowers \n\nElon Musk hasn’t been able to keep some of the promises he's made in the past, but when it comes to his Boring Company’s pledge to bring a recreational flamethrower to the market, the Tesla CEO appeared to deliver.\n\n\n\nIn December 2017, Musk vowed to make a Boring Company flamethrower if the company could sell 50,000 branded hats for $20 each, and on Christmas Eve he announced on Twitter that the goal had been met. Shortly after the release, Musk tweeted: \"Apparently, some customs agencies are saying they won’t allow shipment of anything called a 'Flamethrower'. To solve this, we are renaming it 'Not a Flamethrower'.\"\n\n\n\nFlamethrower or not, The Boring Company sold 20,000 units for $500 each on limited release, earning the company unprecedented media exposure and $2 million in revenues.\n\n\n Latest Innovations \n\nIn April 2021, The Boring Company completed the Las Vegas Convention Center (LVCC) Loop—a 1.7 mile, two-tunnel system that connects the LVCC New Exhibit Hall and its original campus. The LVCC Loop was designed to reduce traveling time and traffic congestion.\n\n\n\n\n\n\nThe LVCC Loop reduced travel time between the Convention Center campuses from 45 minutes to 2 minutes.\n\n\n\nThe company also completed the 0.8-mile Hyperloop Test Track and 1.14-mile R&D Tunnel in Hawthorne, CA in 2016 and 2018, respectively. The Hyperloop Test Track is a hyperspeed public transportation tunnel system in which passengers travel in autonomous electric pods. Not yet open to the public, the Test Track is used for competitions where participants design and build electric pods to travel Hyperloops. The R&D Tunnel was built to test the company's tunnel infrastructure and Loop and Hyperloop systems.\n\n\n\nUnder construction is the Vegas Loop, a 29-mile tunnel that will connect to the LVCC and 50 other stations along the Vegas strip, in downtown Las Vegas, the Las Vegas airport, and other locations. Also in the plan is to connect the Loop to stations in Los Angeles.\n\n\n The Elon Musk Factor \n\nAs of March 5, 2022, Elon Musk is the world's richest man—an off-and-on position sometimes enjoyed by Amazon founder Jeff Bezos. Elon is the CEO of Tesla, SpaceX, and The Boring Company and the founder of Paypal and other successful companies.\n\n\n Elon Musk: The Early Years \n\nBorn in South Africa to an engineer father and fashion model mother, Musk was always fascinated with entrepreneurship and innovations. At the age of 10, he began to program computers and became so skilled that, at 12, he created and sold his first galactical computer game, Blastar.\n\n\n\nAt 17, Elon moved to Canada with his mother and attended Queen's University, where he spent two years before transferring to the University of Pennsylvania. He finished his academic career in Pennsylvania, graduating with bachelor's degrees in Physics and in Economics.\n\n\n Elon Musk: Founder and CEO \n\nElon Musks's entrepreneurial passion and academic background led him to begin Zip2 with his brother, Kimbal, and partner, Greg Kouri, in 1995. However, in 1999, Compaq purchased the software company for $340 million. With his sudden windfall, Musk formed X.com, which later became PayPal. Before Musk left the company, e-commerce platform eBay purchased Paypal for a whopping $1.5 billion.\n\n\n\n\n\n$229.1 billion\n\nThe total net worth of Elon Musk as of March 5, 2022.\n\n\n\nIn 2002, Elon used his payout to found SpaceX, a space travel company, although it did not take off for years. In 2004, Elon Musk heavily invested millions in the then-startup Tesla Motors and was later recruited to join the founders to run the company. In 2007, the existing CEO was ousted and Musk was named CEO, a title he currently holds.\n\n\n\n\nWhat Is the Value of the Boring Company?\nThe Boring Company is a private, independent company with no available financials. However, in 2019, it was estimated that the company's valuation was $920 million after raising $120 million in a seed round.\n\n\n\n\nWhat Is Prufrock?\nPrufrock is a tunneling machine designed to dig at a greater speed than a traditional excavating machine and without a need to excavate to set up and retrieve the machine.\n\n\n\n\nCan You Still Buy a Not-A-Flamethrower From the Boring Company?\nThe Boring Company is not currently selling Not-A-Flamethrowers as it is focusing on its current tunneling projects and products.\n\n\n\n\nAre the Boring Company Flamethrowers Legal?\nThe Boring Company's flamethrowers are legal but have been subject to legal disputes. Some lawmakers have introduced bills to outlaw the devices, citing them as a public danger.\n\n\n The Bottom Line \n\nThe Boring Company, far from its name suggests, seeks to redefine our infrastructure and transportation systems via the use of tunnels. With successes such as the LVCC Loop system and RD Tunnel, this futuristic travel system may be arriving sooner than anticipated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nArticle Sources\n\n\n\n\n\n\n\n\nInvestopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our\neditorial policy.\n\n\n\nForbes. \"#2 Elon Musk.\"\nTwitter. \"Elon Musk July 9, 2018.\"\nTwitter. \"Elon Musk May 23, 2018.\"\nThe Boring Company. \"Why Tunnels.\"\nThe Boring Company. \"Products.\"\nCNBC. \"Elon Musk unveils Boring Company tunnel, promising a new era in high-speed transportation.\"\nDaily Mail. \"Elon Musk's Boring Company wins its bid to build tunnels that will allow 150mph 'electric skates' to transport people between downtown Chicago and O'Hare Airport.\"\nCity of Chicago. \"Mayor Emmanuel Announces Company Selected to Build and Operate Chicago Express Service Between Downtown and O'Hare Airport.\"\nThe Verge. \"I Have A Boring Company Not-A-Flamethrower.\"\nThe Boring Company. \"The Boring Company Flamethrower.\"\nThe Boring Company. \"Projects.\"\nBiography. \"Elon Musk.\"\nForge. \"The Boring Company IPO.\"\n\n\n\n\n\n\n\n\n\n\n\nCompare Accounts\n\n\nAdvertiser Disclosure\n\n\n\n×\n\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.\n\n\n\n\n\nProvider\n\nName\n\nDescription\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Articles\n\n\n\n\n\n\n\n\n \n\n\n\n\nTop Stocks\n\nElon Musk’s 5 Best Investments\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\nHow Amtrak Makes Money\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nRich & Powerful\n\nA Look at the 10 Richest People in the World (Updated March 2022)\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\nThe Economics of Tesla’s Batteries Business\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\n6 Big Risks of Investing in Tesla Stock\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCEOs\n\nHow Jeff Bezos Became One of the World’s Richest Men\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPartner Links\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Terms\n\n\nThe Nielsen Company: An Overview\n\nThe Nielsen Company is a global provider of market research and analyses of media and viewer interactions.\nmore\n\n\n\n\nWhat Is the Big Six Banks?\n\nThe big six banks is a term used in Canada to describe the National Bank of Canada, Royal Bank, the Bank of Montreal, Canadian Imperial Bank of Commerce, the Bank of Nova Scotia (Scotiabank), and Toronto Dominion Bank (TD).\nmore\n\n\n\n\nExport Trading Company (ETC)\n\nAn export trading company is an independent company that provides support services for firms engaged in exporting.\nmore\n\n\n\n\nMississippi Company\n\nThe Mississippi Company refers to an example of a famous speculative bubble that occurred from 1719-1720. \nmore\n\n\n\n\nBaby Berkshire\n\nBaby Berkshire is the 50:1 stock split after the market closed on January 20th, 2010, by Berkshire Hathaway Class B shares. \nmore\n\n\n\n\nNational Motor Freight Traffic Association (NMFTA)\n\nThe National Motor Freight Traffic Association is a nonprofit organization representing interstate, intrastate, and international motor carriers. 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family.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031432217,"gmtCreate":1646636991591,"gmtModify":1676534145750,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031432217","repostId":"1112060103","repostType":2,"repost":{"id":"1112060103","kind":"news","pubTimestamp":1646618408,"share":"https://ttm.financial/m/news/1112060103?lang=&edition=fundamental","pubTime":"2022-03-07 10:00","market":"us","language":"en","title":"These Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse","url":"https://stock-news.laohu8.com/highlight/detail?id=1112060103","media":"MarketWatch","summary":"The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should non","content":"<html><head></head><body><p>The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.</p><p>“Although there is a huge margin of error around any estimate, subjectively, we would assign an uncomfortably high 10% chance of a civilization-ending global nuclear war over the next 12 months,” said a team of BCA Research analysts, led by chief global strategist Peter Berezin, in a Friday report.</p><p>The researchers said that if the war in Ukraine continues to go badly for Russia, and “Putin concludes he has no future, the risk is that he will decide that no one else should have a future either.”</p><p>The report found that even if a third world war is averted, global markets could “experience a freak-out moment” in the coming weeks akin to what happened at the beginning of the pandemic in February 2020, as nuclear fears rise.</p><p>But the report from the Montreal-based company concludes on a practical, if not particularly reassuring, note, saying that despite the increased risk of nuclear war, “it makes sense to stay constructive on stocks” over the next year, betting that civilization will not actually end.</p><p>“If an ICBM is heading your way, the size and composition of your portfolio become irrelevant,” they wrote. “Thus, from a purely financial perspective, you should largely ignore existential risk, even if you do care about it greatly from a personal perspective.”</p></body></html>","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\" 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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\">\nThese Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-07 10:00 GMT+8 <a href=https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.“Although there is a huge margin of error ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112060103","content_text":"The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.“Although there is a huge margin of error around any estimate, subjectively, we would assign an uncomfortably high 10% chance of a civilization-ending global nuclear war over the next 12 months,” said a team of BCA Research analysts, led by chief global strategist Peter Berezin, in a Friday report.The researchers said that if the war in Ukraine continues to go badly for Russia, and “Putin concludes he has no future, the risk is that he will decide that no one else should have a future either.”The report found that even if a third world war is averted, global markets could “experience a freak-out moment” in the coming weeks akin to what happened at the beginning of the pandemic in February 2020, as nuclear fears rise.But the report from the Montreal-based company concludes on a practical, if not particularly reassuring, note, saying that despite the increased risk of nuclear war, “it makes sense to stay constructive on stocks” over the next year, betting that civilization will not actually end.“If an ICBM is heading your way, the size and composition of your portfolio become irrelevant,” they wrote. “Thus, from a purely financial perspective, you should largely ignore existential risk, even if you do care about it greatly from a personal perspective.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031310075,"gmtCreate":1646441857827,"gmtModify":1676534129675,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Strong] ","listText":"[Strong] ","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031310075","repostId":"1191742725","repostType":2,"repost":{"id":"1191742725","kind":"news","pubTimestamp":1646437455,"share":"https://ttm.financial/m/news/1191742725?lang=&edition=fundamental","pubTime":"2022-03-05 07:44","market":"us","language":"en","title":"TSLA Stock Starts to Rev Up on Berlin Gigafactory Approval","url":"https://stock-news.laohu8.com/highlight/detail?id=1191742725","media":"InvestorPlace","summary":"Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P ","content":"<html><head></head><body><p>Despite general weakness in the market, shares of <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) are outperforming both the <b>S&P 500</b>and<b>Nasdaq 100</b>today. However, the leading electric vehicle (EV) maker has still lost more than 25% of its market capitalization since the start of the year. On the bright side, Tesla announced this morning that it had received conditional approval to commence commercial production for its Brandenburg, Germany, gigafactory.</p><p>TSLA Stock: Tesla Receives Conditional Gigafactory Approval</p><p>Following months of delays, Brandenburg’s state environment office finally gave Tesla a conditional license to begin commercial production. At full capacity, the gigafactory is projected to produce up to500,000 EVs per year. Additionally, Tesla has already hired 3,000 workers to work at the gigafactory.</p><p>However, investors should note that the license is conditional. What this means is that Tesla must first wait for a “public objection period” and pass other inspection policies before starting production. These inspection policies include checking for air pollution control and water usage. Including the objection period and inspection policies, Tesla must satisfy about 400 conditions before starting production. The EV maker has stated that it plans to satisfy these conditions within two weeks.</p><p>Tesla’s two-week timeline to satisfy conditions may not come to fruition. This is because the public objection period will remain open for two weeks. Afterward, Brandenburg will accept public comments for one month. However, it does seem like Tesla is in the final stretch of beginning production in Brandenburg.</p><p>Local Environmental Groups Opposes Tesla Gigafactory</p><p>One other potential roadblock in Tesla’s plan comes from local environmental groups and residents who disapprove of the new factory. As one local resident explained, “The local populace here has been told for years to reduce its water use. Then the richest man in the world comes along and gets everything laid out at his feet. … There’s something wrong with the system.”</p><p>In opposition of the gigafactory, two local Brandenburg environmental groups will engage in an administrative court hearing today. The purpose of the hearing is to discuss the gigafactory’s water usage. The groups claim that the Brandenburg environmental ministry did not conduct sufficient reviews before approving Tesla for a water utility license. Furthermore, the group claims that the gigafactory will use 1.4 million cubic meters of water annually, which will reduce the supply of drinking water to surrounding regions. That amount is enough to supply a 30,000-person town for a year.</p></body></html>","source":"lsy1606302653667","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>TSLA Stock Starts to Rev Up on Berlin Gigafactory Approval</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\">\nTSLA Stock Starts to Rev Up on Berlin Gigafactory Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-05 07:44 GMT+8 <a href=https://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P 500andNasdaq 100today. However, the leading electric vehicle (EV) maker has still lost more than 25%...</p>\n\n<a href=\"https://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/\">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://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191742725","content_text":"Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P 500andNasdaq 100today. However, the leading electric vehicle (EV) maker has still lost more than 25% of its market capitalization since the start of the year. On the bright side, Tesla announced this morning that it had received conditional approval to commence commercial production for its Brandenburg, Germany, gigafactory.TSLA Stock: Tesla Receives Conditional Gigafactory ApprovalFollowing months of delays, Brandenburg’s state environment office finally gave Tesla a conditional license to begin commercial production. At full capacity, the gigafactory is projected to produce up to500,000 EVs per year. Additionally, Tesla has already hired 3,000 workers to work at the gigafactory.However, investors should note that the license is conditional. What this means is that Tesla must first wait for a “public objection period” and pass other inspection policies before starting production. These inspection policies include checking for air pollution control and water usage. Including the objection period and inspection policies, Tesla must satisfy about 400 conditions before starting production. The EV maker has stated that it plans to satisfy these conditions within two weeks.Tesla’s two-week timeline to satisfy conditions may not come to fruition. This is because the public objection period will remain open for two weeks. Afterward, Brandenburg will accept public comments for one month. However, it does seem like Tesla is in the final stretch of beginning production in Brandenburg.Local Environmental Groups Opposes Tesla GigafactoryOne other potential roadblock in Tesla’s plan comes from local environmental groups and residents who disapprove of the new factory. As one local resident explained, “The local populace here has been told for years to reduce its water use. Then the richest man in the world comes along and gets everything laid out at his feet. … There’s something wrong with the system.”In opposition of the gigafactory, two local Brandenburg environmental groups will engage in an administrative court hearing today. The purpose of the hearing is to discuss the gigafactory’s water usage. The groups claim that the Brandenburg environmental ministry did not conduct sufficient reviews before approving Tesla for a water utility license. Furthermore, the group claims that the gigafactory will use 1.4 million cubic meters of water annually, which will reduce the supply of drinking water to surrounding regions. That amount is enough to supply a 30,000-person town for a year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031337179,"gmtCreate":1646441801203,"gmtModify":1676534129699,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"when will the downtrend end...","listText":"when will the downtrend end...","text":"when will the downtrend end...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031337179","repostId":"2217746440","repostType":2,"repost":{"id":"2217746440","kind":"highlight","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":1646435363,"share":"https://ttm.financial/m/news/2217746440?lang=&edition=fundamental","pubTime":"2022-03-05 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2217746440","media":"Reuters","summary":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes decl","content":"<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.</p><p>The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not," said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy," Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be "prepared to move more aggressively" later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company "illegally" collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></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>US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data</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\">\nUS STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data\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\">2022-03-05 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.</p><p>The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not," said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy," Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be "prepared to move more aggressively" later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company "illegally" collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4532":"文艺复兴科技持仓","SH":"标普500反向ETF","BK4554":"元宇宙及AR概念","QLD":"纳指两倍做多ETF","DOG":"道指反向ETF","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","SSO":"两倍做多标普500ETF","BK4576":"AR","BK4139":"生物科技","DJX":"1/100道琼斯","BK4566":"资本集团","SANA":"Sana Biotechnology, Inc.","BK4007":"制药","BK4525":"远程办公概念","BK4196":"保健护理服务","SPXU":"三倍做空标普500ETF","BK4082":"医疗保健设备","SQQQ":"纳指三倍做空ETF","BK4559":"巴菲特持仓","GOOGL":"谷歌A","BK4077":"互动媒体与服务","BK4527":"明星科技股","BK4579":"人工智能","BK4538":"云计算","QQQ":"纳指100ETF","SPY":"标普500ETF","BK4503":"景林资产持仓","OEF":"标普100指数ETF-iShares","BK4574":"无人驾驶","SDOW":"道指三倍做空ETF-ProShares","BK4561":"索罗斯持仓","BK4573":"虚拟现实","CGEM":"Cullinan Therapeutics","QID":"纳指两倍做空ETF","BK4581":"高盛持仓","DXD":"道指两倍做空ETF","BK4504":"桥水持仓","LABP":"Landos Biopharma, Inc.","TQQQ":"纳指三倍做多ETF","BK4514":"搜索引擎",".IXIC":"NASDAQ Composite","IVV":"标普500指数ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","DDM":"道指两倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217746440","content_text":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.\"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not,\" said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.\"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy,\" Hill said.Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.The Nasdaq Composite dropped 1.66% to 13,313.44.For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be \"prepared to move more aggressively\" later if inflation does not abate as fast as expected.Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company \"illegally\" collected personal information from children without parental permission.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805819716,"gmtCreate":1627869459435,"gmtModify":1703496845022,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805819716","repostId":"1130492644","repostType":4,"repost":{"id":"1130492644","kind":"news","pubTimestamp":1627867792,"share":"https://ttm.financial/m/news/1130492644?lang=&edition=fundamental","pubTime":"2021-08-02 09:29","market":"us","language":"en","title":"Apple: Take Your Profits Now, Come Back Later","url":"https://stock-news.laohu8.com/highlight/detail?id=1130492644","media":"seekingalpha","summary":"Summary\n\nDividend Yield Theory is a great indicator of overvalued and undervalued shares for healthy","content":"<p><b>Summary</b></p>\n<ul>\n <li>Dividend Yield Theory is a great indicator of overvalued and undervalued shares for healthy companies.</li>\n <li>Apple’s current high growth is temporary.</li>\n <li>Apple is on its way to becoming a dividend aristocrat.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e45c69c559fb64f9cda12fb93f34c0d\" tg-width=\"1536\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"><span>Christopher Jue/Getty Images Entertainment</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Investors are treating Apple (AAPL) as if it has found a second growth spurt. In reality Apple is now a fully grown cash cow, not a young budding calf. The pandemic made many companies transition to the internet faster than they wanted to. That is good for Apple but because it was already a mature business prior to the pandemic it will revert to its normal pre-pandemic growth rates.</p>\n<p>Apple’s 5 year average dividend yield from 2016 to 2020 is 1.46% currently the dividend yield on Apple is 0.68%. Apple has been paying a dividend for almost 10 years and the average is also pointing to a yield of ~1.4%. In order for Apple to offer such a yield, share prices would have to move down toward range of $75-$85. Now is the time to take your Apple profits before it reverts to the mean.</p>\n<p><b>Why Apple Is Overvalued, Dividend Yield Theory</b></p>\n<p>Dividend Yield Theory was popularized by Investment Quality Trends founder Geraldine Weiss through a book titled Dividends Don’t Lie. The essence of Dividend Yield Theory is that high quality companies tend to have a “normal” yield and as the market falls in love or out of love with the company the dividend yield fluctuates to create buy and sell opportunities.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a469d363e933b84759428285f957590\" tg-width=\"640\" tg-height=\"278\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alphadividend yield</span></p>\n<p>Here we have Apple’s Dividend Yield History. Looking at the average yield column you can see that Apple’s current average yield is the lowest since Apple first started paying a dividend. This indicates Apple is a screaming sell. On the flip side, the last time Apple’s average yield was above 2% was in 2016. At that time Apple was a screaming buy. Coincidentally that was the same year Berkshire Hathaway (BRK.A) began buying Apple shares.</p>\n<p>The reason this works is because the dividend yield is a product of the share price. Looking at the chart above you can see the dividend yield shrank from 2016 through 2018 which indicates the share price of Apple increased.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/991e5d3137bf5ac3c9bc4aaf26c01581\" tg-width=\"640\" tg-height=\"320\" width=\"100%\" height=\"auto\"><span>Source: Yahoo Finance, Apple Share price from 01/01/2016 - 12/31/2018</span></p>\n<p>That is exactly what happened. At the peak of 2018 Apple’s dividend yield was 1.28%. At this time, Apple’s 5-year yield average was 1.86%. When 2018 ended Apple’s dividend yield was 1.97%. As you can now see, a company’s dividend yield can be a good proxy for value.</p>\n<p><b>This Time Is not different</b></p>\n<p>I know some of you at this point are thinking, well, Dividend Yield Theory is nice and all but thanks to Covid this time is different. I don’t believe this time is different for Apple and the reason is because of Apple’s maturity as a business prior to the pandemic.</p>\n<p>It is true that Apple and many other tech companies are benefiting from the pandemic, but Apple has a significant difference from a Shopify, a Zoom, and a Disney Plus. Namely Apple had already largely penetrated its total addressable market. Prior to the pandemic, most of us had never heard of Zoom. We started working from home and needed a solution for remote communication, and bam Zoom capitalizes. Prior to the pandemic, the iPhone was still the smartphone to beat, the smartphone with tens of millions of users, the must-have status symbol in places as far away as China. I spent a semester abroad in China in 2012. During that time, my professors told us how important status symbols are to the Chinese. Students of all ages would not go to school until their parents had bought them an iPhone because without it they would lose “face”. Many could not afford the phone plans and I and my friends witnessed many people having an iPhone just for show. That was in 2012, 8 years before the pandemic.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ae87be3f096ac0a13d2e38634b8c34c\" tg-width=\"640\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Apple Q3 2021*covers Apr – Jun 2021*</span></p>\n<p>As we can see, the majority of Apple’s revenue comes from products. Further down products are identified as the iPhone, Mac, iPad, Wearables, Home & Accessories.</p>\n<p><img src=\"https://static.tigerbbs.com/3ef98109e802b72a60990d870e23814d\" tg-width=\"640\" tg-height=\"114\" width=\"100%\" height=\"auto\"></p>\n<p>Again the iPhone makes up the majority. The high growth rate in iPhone sales also backs up the theory that this round of growth is due to the Apple super cycle which seems to take place once every 3 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b71f026725256789694ea1ff46574c4a\" tg-width=\"393\" tg-height=\"256\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha Financials, compiled by author</span></p>\n<p>The pattern for the last 10 years has been 1 year of stellar growth followed by 2 years of much slower growth. As you can see this results in a 10-year CAGR of ~10% - 13% depending on where we are in the cycle.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a62395de39d598a2d5fb553eca56086d\" tg-width=\"640\" tg-height=\"516\" width=\"100%\" height=\"auto\"><span>Source: Apple2017 10-K</span></p>\n<p>Here we see the 2015 super cycle followed by the growth declines in 2016 and 2017.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e63c1a8fd16ae504ee3794c0eff4198\" tg-width=\"640\" tg-height=\"535\" width=\"100%\" height=\"auto\"><span>Source: Apple2020 10-K</span></p>\n<p>Again it happened in the more recent super cycle of 2018 followed by declines in growth for years 2019 and 2020.</p>\n<p>When we look into the revenue by product for these periods, we can see that iPhone sales decline and the other categories are unable to make up for the loss of revenue the next year. In the following year, 2017 and 2020, other sources of revenue increased enough for Apple’s total revenue to increase.</p>\n<p><img src=\"https://static.tigerbbs.com/2e3954b0d588d038dc2dd5e88c39c5ec\" tg-width=\"640\" tg-height=\"131\" width=\"100%\" height=\"auto\"></p>\n<p>Patterns are likely to repeat until something happens to change them. I don't see such a catalyst on the horizon, and currently iPhone sales are again carrying Apple’s revenue to record levels. iPhone sales seem to be selling so well because of the coming transition to 5G and many iPhone owners have a device that is at least 3 years old.</p>\n<p>The iPhone 12 was unveiled and released in October 2020. This means the super cycle is expected to end with the iPhone 13 which is expected to come out in September or October. I believe this indicates FY 2022 will be a rough year for Apple shareholders.</p>\n<p><b>Apple’s Third And Final Act - A Cash Cow</b></p>\n<p>Investors need to pay attention to Apple’s future as a dividend aristocrat. Apple is transitioning toward more service based revenues. This is a higher margin business but there is less explosive innovation, meaning growth will decline.</p>\n<p>At the current share price, investors are “locking in” a targeted return of 9% over the next 10 years based on some optimistic assumptions.</p>\n<ul>\n <li>Growth of 19.3% for the first 5 years followed by 12% growth for the second five years.</li>\n <li>An expected dividend growth rate of 17.5%</li>\n <li>Apple reverts to their historic P/E of 21.</li>\n</ul>\n<p>All of that together means Apple’s share price in 10 years will be $293.47 and the dividend will be at $4.43 a share giving existing shareholders a yield of 1.5% which is much closer to their current 5-year average yield.</p>\n<p>Apple’s dividend payout ratio is currently 15.86%. Other companies in the IT sector like Texas Instruments (TXN), and Intuit (INTU) have a payout ratio of 51% and 25% respectively which shows Apple’s dividends will be much higher in the coming years. With a projected EPS of $14 in 2031 a 51% payout would mean a dividend of $7/sh.</p>\n<p><b>Risk and Opportunity, The Dividend increase</b></p>\n<p>Based on the 5 year average dividend yield and the current rate of dividend increases, it is likely the dividend will be increased to $1.03-$1.14. In order for Apple to maintain its historic yield at the projected future dividend, Apple shares would have to trade around $80. it is possible that Apple pays up and raises their dividend to $1.89. Apple spent $14 billion on their dividend in 2020 and raising it to $1.89 will increase the price tag to $31 billion. This would increase their payout ratio to 34% which is a typical payout ratio for cash cow companies.</p>\n<p>The expected dividend I project is based on the percentage of operating cash flow the dividend takes up. Over the last 3 years, it has ranged from 15% to 18%. I used an estimated $100.15 billion for operating cash flows and at 19% you get the $1.14 dividend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/153079186d84770e064411e34a42745e\" tg-width=\"304\" tg-height=\"74\" width=\"100%\" height=\"auto\"><span>Source: Seeking AlphaCash Flow Statement</span></p>\n<p>Lastly it is possible that a dividend yield of less than 1% becomes the norm for Apple. If the current 2021 yield average of 0.63% becomes the new normal, Apple’s share price should rise to $163.49 - $180.95 based on my projected dividend increase.</p>\n<p><b>Conclusion</b></p>\n<p>Sell Apple, take your profits now. The super cycle will end. Come back later and buy Apple at a discount when the dividend yield is higher.</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>Apple: Take Your Profits Now, Come Back Later</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Take Your Profits Now, Come Back Later\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 09:29 GMT+8 <a href=https://seekingalpha.com/article/4443676-apple-take-your-profits-before-its-too-late><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDividend Yield Theory is a great indicator of overvalued and undervalued shares for healthy companies.\nApple’s current high growth is temporary.\nApple is on its way to becoming a dividend ...</p>\n\n<a href=\"https://seekingalpha.com/article/4443676-apple-take-your-profits-before-its-too-late\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4443676-apple-take-your-profits-before-its-too-late","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130492644","content_text":"Summary\n\nDividend Yield Theory is a great indicator of overvalued and undervalued shares for healthy companies.\nApple’s current high growth is temporary.\nApple is on its way to becoming a dividend aristocrat.\n\nChristopher Jue/Getty Images Entertainment\nInvestment Thesis\nInvestors are treating Apple (AAPL) as if it has found a second growth spurt. In reality Apple is now a fully grown cash cow, not a young budding calf. The pandemic made many companies transition to the internet faster than they wanted to. That is good for Apple but because it was already a mature business prior to the pandemic it will revert to its normal pre-pandemic growth rates.\nApple’s 5 year average dividend yield from 2016 to 2020 is 1.46% currently the dividend yield on Apple is 0.68%. Apple has been paying a dividend for almost 10 years and the average is also pointing to a yield of ~1.4%. In order for Apple to offer such a yield, share prices would have to move down toward range of $75-$85. Now is the time to take your Apple profits before it reverts to the mean.\nWhy Apple Is Overvalued, Dividend Yield Theory\nDividend Yield Theory was popularized by Investment Quality Trends founder Geraldine Weiss through a book titled Dividends Don’t Lie. The essence of Dividend Yield Theory is that high quality companies tend to have a “normal” yield and as the market falls in love or out of love with the company the dividend yield fluctuates to create buy and sell opportunities.\nSource: Seeking Alphadividend yield\nHere we have Apple’s Dividend Yield History. Looking at the average yield column you can see that Apple’s current average yield is the lowest since Apple first started paying a dividend. This indicates Apple is a screaming sell. On the flip side, the last time Apple’s average yield was above 2% was in 2016. At that time Apple was a screaming buy. Coincidentally that was the same year Berkshire Hathaway (BRK.A) began buying Apple shares.\nThe reason this works is because the dividend yield is a product of the share price. Looking at the chart above you can see the dividend yield shrank from 2016 through 2018 which indicates the share price of Apple increased.\nSource: Yahoo Finance, Apple Share price from 01/01/2016 - 12/31/2018\nThat is exactly what happened. At the peak of 2018 Apple’s dividend yield was 1.28%. At this time, Apple’s 5-year yield average was 1.86%. When 2018 ended Apple’s dividend yield was 1.97%. As you can now see, a company’s dividend yield can be a good proxy for value.\nThis Time Is not different\nI know some of you at this point are thinking, well, Dividend Yield Theory is nice and all but thanks to Covid this time is different. I don’t believe this time is different for Apple and the reason is because of Apple’s maturity as a business prior to the pandemic.\nIt is true that Apple and many other tech companies are benefiting from the pandemic, but Apple has a significant difference from a Shopify, a Zoom, and a Disney Plus. Namely Apple had already largely penetrated its total addressable market. Prior to the pandemic, most of us had never heard of Zoom. We started working from home and needed a solution for remote communication, and bam Zoom capitalizes. Prior to the pandemic, the iPhone was still the smartphone to beat, the smartphone with tens of millions of users, the must-have status symbol in places as far away as China. I spent a semester abroad in China in 2012. During that time, my professors told us how important status symbols are to the Chinese. Students of all ages would not go to school until their parents had bought them an iPhone because without it they would lose “face”. Many could not afford the phone plans and I and my friends witnessed many people having an iPhone just for show. That was in 2012, 8 years before the pandemic.\nSource: Apple Q3 2021*covers Apr – Jun 2021*\nAs we can see, the majority of Apple’s revenue comes from products. Further down products are identified as the iPhone, Mac, iPad, Wearables, Home & Accessories.\n\nAgain the iPhone makes up the majority. The high growth rate in iPhone sales also backs up the theory that this round of growth is due to the Apple super cycle which seems to take place once every 3 years.\nSource: Seeking Alpha Financials, compiled by author\nThe pattern for the last 10 years has been 1 year of stellar growth followed by 2 years of much slower growth. As you can see this results in a 10-year CAGR of ~10% - 13% depending on where we are in the cycle.\nSource: Apple2017 10-K\nHere we see the 2015 super cycle followed by the growth declines in 2016 and 2017.\nSource: Apple2020 10-K\nAgain it happened in the more recent super cycle of 2018 followed by declines in growth for years 2019 and 2020.\nWhen we look into the revenue by product for these periods, we can see that iPhone sales decline and the other categories are unable to make up for the loss of revenue the next year. In the following year, 2017 and 2020, other sources of revenue increased enough for Apple’s total revenue to increase.\n\nPatterns are likely to repeat until something happens to change them. I don't see such a catalyst on the horizon, and currently iPhone sales are again carrying Apple’s revenue to record levels. iPhone sales seem to be selling so well because of the coming transition to 5G and many iPhone owners have a device that is at least 3 years old.\nThe iPhone 12 was unveiled and released in October 2020. This means the super cycle is expected to end with the iPhone 13 which is expected to come out in September or October. I believe this indicates FY 2022 will be a rough year for Apple shareholders.\nApple’s Third And Final Act - A Cash Cow\nInvestors need to pay attention to Apple’s future as a dividend aristocrat. Apple is transitioning toward more service based revenues. This is a higher margin business but there is less explosive innovation, meaning growth will decline.\nAt the current share price, investors are “locking in” a targeted return of 9% over the next 10 years based on some optimistic assumptions.\n\nGrowth of 19.3% for the first 5 years followed by 12% growth for the second five years.\nAn expected dividend growth rate of 17.5%\nApple reverts to their historic P/E of 21.\n\nAll of that together means Apple’s share price in 10 years will be $293.47 and the dividend will be at $4.43 a share giving existing shareholders a yield of 1.5% which is much closer to their current 5-year average yield.\nApple’s dividend payout ratio is currently 15.86%. Other companies in the IT sector like Texas Instruments (TXN), and Intuit (INTU) have a payout ratio of 51% and 25% respectively which shows Apple’s dividends will be much higher in the coming years. With a projected EPS of $14 in 2031 a 51% payout would mean a dividend of $7/sh.\nRisk and Opportunity, The Dividend increase\nBased on the 5 year average dividend yield and the current rate of dividend increases, it is likely the dividend will be increased to $1.03-$1.14. In order for Apple to maintain its historic yield at the projected future dividend, Apple shares would have to trade around $80. it is possible that Apple pays up and raises their dividend to $1.89. Apple spent $14 billion on their dividend in 2020 and raising it to $1.89 will increase the price tag to $31 billion. This would increase their payout ratio to 34% which is a typical payout ratio for cash cow companies.\nThe expected dividend I project is based on the percentage of operating cash flow the dividend takes up. Over the last 3 years, it has ranged from 15% to 18%. I used an estimated $100.15 billion for operating cash flows and at 19% you get the $1.14 dividend.\nSource: Seeking AlphaCash Flow Statement\nLastly it is possible that a dividend yield of less than 1% becomes the norm for Apple. If the current 2021 yield average of 0.63% becomes the new normal, Apple’s share price should rise to $163.49 - $180.95 based on my projected dividend increase.\nConclusion\nSell Apple, take your profits now. The super cycle will end. Come back later and buy Apple at a discount when the dividend yield is higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801481979,"gmtCreate":1627527979291,"gmtModify":1703491741038,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Hope the sentiment can also be up after this ","listText":"Hope the sentiment can also be up after this ","text":"Hope the sentiment can also be up after this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801481979","repostId":"1174589352","repostType":4,"repost":{"id":"1174589352","kind":"news","pubTimestamp":1627526996,"share":"https://ttm.financial/m/news/1174589352?lang=&edition=fundamental","pubTime":"2021-07-29 10:49","market":"hk","language":"en","title":"China Injects Short-Term Cash After Plunge in Stocks and Bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1174589352","media":"Bloomberg","summary":"China broke out of its usual pattern of daily liquidity operations by boosting cash injections into ","content":"<p>China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.</p>\n<p>The People’s Bank of China pumped in 30 billion yuan ($4.6 billion) of liquidity into the financial system with seven-day reverse repurchase agreements, resulting in a net injection of 20 billion yuan on Thursday. The operation marked the authorities’ first short-term cash addition of more than 10 billion yuan since June 30. It also comes ahead of the month-end when liquidity is usually tighter.</p>\n<p>The move adds to a slew of signs that Beijing is growing uncomfortable with the recent wild swings in the financial markets. China’s securities regulator was reported to have convened executives of major investment banks on Wednesday night, attempting to restore calm after a recent crackdown on the private education industry. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.</p>\n<p><img src=\"https://static.tigerbbs.com/b0c5a142604f232e0655abe44874cb7a\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>The moves have calmed markets on Thursday. The CSI 300 Index rose 1.2% Thursday morning after being pushed to the brink a bear market on Wednesday morning. The offshore yuan is 0.1% lower against the dollar after a 0.6% climb Wednesday.</p>\n<p>“It seems the PBOC wants to help restore market confidence after a few days of wild dynamics,” said Hao Zhou, senior emerging markets economist at Commerzbank AG. “In general, this is in line with China’s general approach, which focuses on financial stability and expectation management.”</p>\n<p>Interbank borrowing costs declined after the Thursday’s operation. The overnight repurchase rate fell 36 basis points to 1.69%, while the seven-day rate declined 17 basis points to 2.23%. The yield on the most actively traded contract of 10-year government bonds fell the first time in three days after rising by the most in a year on Tuesday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Injects Short-Term Cash After Plunge in Stocks and Bonds</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\">\nChina Injects Short-Term Cash After Plunge in Stocks and Bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:49 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.\nThe People’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000300.SH":"沪深300"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174589352","content_text":"China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.\nThe People’s Bank of China pumped in 30 billion yuan ($4.6 billion) of liquidity into the financial system with seven-day reverse repurchase agreements, resulting in a net injection of 20 billion yuan on Thursday. The operation marked the authorities’ first short-term cash addition of more than 10 billion yuan since June 30. It also comes ahead of the month-end when liquidity is usually tighter.\nThe move adds to a slew of signs that Beijing is growing uncomfortable with the recent wild swings in the financial markets. China’s securities regulator was reported to have convened executives of major investment banks on Wednesday night, attempting to restore calm after a recent crackdown on the private education industry. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.\n\nThe moves have calmed markets on Thursday. The CSI 300 Index rose 1.2% Thursday morning after being pushed to the brink a bear market on Wednesday morning. The offshore yuan is 0.1% lower against the dollar after a 0.6% climb Wednesday.\n“It seems the PBOC wants to help restore market confidence after a few days of wild dynamics,” said Hao Zhou, senior emerging markets economist at Commerzbank AG. “In general, this is in line with China’s general approach, which focuses on financial stability and expectation management.”\nInterbank borrowing costs declined after the Thursday’s operation. The overnight repurchase rate fell 36 basis points to 1.69%, while the seven-day rate declined 17 basis points to 2.23%. The yield on the most actively traded contract of 10-year government bonds fell the first time in three days after rising by the most in a year on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179201971,"gmtCreate":1626527542093,"gmtModify":1703761470280,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Gosh…","listText":"Gosh…","text":"Gosh…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179201971","repostId":"2152168563","repostType":4,"repost":{"id":"2152168563","kind":"highlight","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1626489317,"share":"https://ttm.financial/m/news/2152168563?lang=&edition=fundamental","pubTime":"2021-07-17 10:35","market":"us","language":"en","title":"Pfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content","url":"https://stock-news.laohu8.com/highlight/detail?id=2152168563","media":"T-Reuters","summary":"Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lo","content":"<p>Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).</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>Pfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content</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\">\nPfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-07-17 10:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152168563","content_text":"Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179203509,"gmtCreate":1626527496201,"gmtModify":1703761469631,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Sad] ","listText":"[Sad] ","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179203509","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","kind":"news","pubTimestamp":1626481985,"share":"https://ttm.financial/m/news/1198202103?lang=&edition=fundamental","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.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>Dow drops nearly 300 points on Friday, snaps 3-week winning streak</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\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358447105,"gmtCreate":1616725631007,"gmtModify":1704797935446,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Good news! ","listText":"Good news! ","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358447105","repostId":"1165338702","repostType":4,"repost":{"id":"1165338702","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616724190,"share":"https://ttm.financial/m/news/1165338702?lang=&edition=fundamental","pubTime":"2021-03-26 10:03","market":"hk","language":"en","title":"Xiaomi is negotiating to use Great Wall Motor's factory to produce electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1165338702","media":"Tiger Newspress","summary":"Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.","content":"<p>Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.</p><p>Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.</p><p><img src=\"https://static.tigerbbs.com/5c05734ff6396ca5c7e84a276df0648d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/adb8a1c18a038bd57a10d81f9c1519c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Xiaomi is negotiating to use Great Wall Motor's factory to produce electric cars</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\">\nXiaomi is negotiating to use Great Wall Motor's factory to produce electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-26 10:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.</p><p>Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.</p><p><img src=\"https://static.tigerbbs.com/5c05734ff6396ca5c7e84a276df0648d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/adb8a1c18a038bd57a10d81f9c1519c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3df686d3a6ca977e8c6841905eb7e18c","relate_stocks":{"01810":"小米集团-W","02333":"长城汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165338702","content_text":"Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358444835,"gmtCreate":1616725593127,"gmtModify":1704797934467,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Wait and see! ","listText":"Wait and see! ","text":"Wait and see!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358444835","repostId":"1130786077","repostType":4,"repost":{"id":"1130786077","kind":"news","pubTimestamp":1616725340,"share":"https://ttm.financial/m/news/1130786077?lang=&edition=fundamental","pubTime":"2021-03-26 10:22","market":"us","language":"en","title":"Tech stocks, with the exception of one, are 'frustrating a lot of investors': analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1130786077","media":"yahoo","summary":"The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ","content":"<p>The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.</p>\n<p>Such ongoing weakness in tech has put most names in the space in the penalty box for veteran Wall Street tech analystBrent Thill of Jefferies.</p>\n<p>\"I think that tech is off limits right now. You are seeing money go to travel stocks. You are seeing money go to airlines. You are seeing the broadening out of money,\" Thill said onYahoo Finance Live. \"I think money will come back, it's just right now valuation combined with the names aren't working I think it's frustrating a lot of investors. A lot of the hedge funds have gotten turned upside down and they have to rethink their positioning. So right now, I call it more of a time out [on tech].\"</p>\n<p>While cautious on most of the underperforming tech sector, Thill does have his eye on <a href=\"https://laohu8.com/S/AONE.U\">one</a> social media giant: <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p>\"Facebook is a cheap name,\" Thill says. \"$15 of earnings power and a mid 20 [P/E] multiple on it, and you are at $350 to $375 on the stock. So you got a lot of upside still on Facebook. We like that.\"</p>\n<p>Facebook shares finished Wednesday's session at $282, up 3% on the year — and a laggard relative to the S&P 500 and Dow.</p>\n<p>Meanwhile, a recent example of a likely frustrating tech trade is cloud play <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>.</p>\n<p>Adobe smashed quarterly earnings estimates on Tuesday evening by 36 cents. Demand was strong across the board, led by a 32% increase in sales at the company's Digital Media business. The company issued full-year earnings guidance about 60 cents above Wall Street projections.</p>\n<p>Yet,Adobe shares fell nearly 2% in heavy tradingon Wednesday.</p>\n<p>Serious traders probably aren't too shocked by the ho-hum response to Adobe's blowout earnings.</p>\n<p>TheNasdaq Composite is up marginally on the yearversus a 4% gain for the S&P 500 and a 6% bump on the Dow Jones Industrial Average. As for the closely watched NYSE FAANG+ Index (which tracks top tech names such as Facebook, Apple, Amazon, Netflix and Google) it's up slightly year-to-date.</p>\n<p>Cloud stocks have been hammered this year — <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> is down 6% year-to-date and DocuSign has shed 11% (despite a strong recent earnings report of its own,as explained by DocuSign CEO Dan Springer on Yahoo Finance Live).</p>","source":"lsy1584348713084","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>Tech stocks, with the exception of one, are 'frustrating a lot of investors': analyst</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\">\nTech stocks, with the exception of one, are 'frustrating a lot of investors': analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 10:22 GMT+8 <a href=https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.\nSuch ongoing weakness in...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130786077","content_text":"The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.\nSuch ongoing weakness in tech has put most names in the space in the penalty box for veteran Wall Street tech analystBrent Thill of Jefferies.\n\"I think that tech is off limits right now. You are seeing money go to travel stocks. You are seeing money go to airlines. You are seeing the broadening out of money,\" Thill said onYahoo Finance Live. \"I think money will come back, it's just right now valuation combined with the names aren't working I think it's frustrating a lot of investors. A lot of the hedge funds have gotten turned upside down and they have to rethink their positioning. So right now, I call it more of a time out [on tech].\"\nWhile cautious on most of the underperforming tech sector, Thill does have his eye on one social media giant: Facebook.\n\"Facebook is a cheap name,\" Thill says. \"$15 of earnings power and a mid 20 [P/E] multiple on it, and you are at $350 to $375 on the stock. So you got a lot of upside still on Facebook. We like that.\"\nFacebook shares finished Wednesday's session at $282, up 3% on the year — and a laggard relative to the S&P 500 and Dow.\nMeanwhile, a recent example of a likely frustrating tech trade is cloud play Adobe.\nAdobe smashed quarterly earnings estimates on Tuesday evening by 36 cents. Demand was strong across the board, led by a 32% increase in sales at the company's Digital Media business. The company issued full-year earnings guidance about 60 cents above Wall Street projections.\nYet,Adobe shares fell nearly 2% in heavy tradingon Wednesday.\nSerious traders probably aren't too shocked by the ho-hum response to Adobe's blowout earnings.\nTheNasdaq Composite is up marginally on the yearversus a 4% gain for the S&P 500 and a 6% bump on the Dow Jones Industrial Average. As for the closely watched NYSE FAANG+ Index (which tracks top tech names such as Facebook, Apple, Amazon, Netflix and Google) it's up slightly year-to-date.\nCloud stocks have been hammered this year — Salesforce is down 6% year-to-date and DocuSign has shed 11% (despite a strong recent earnings report of its own,as explained by DocuSign CEO Dan Springer on Yahoo Finance Live).","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389807713,"gmtCreate":1612747916232,"gmtModify":1704873736730,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Look forward to tencent’s 2020 annual report!!","listText":"Look forward to tencent’s 2020 annual report!!","text":"Look forward to tencent’s 2020 annual report!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389807713","repostId":"1194218406","repostType":4,"repost":{"id":"1194218406","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612504946,"share":"https://ttm.financial/m/news/1194218406?lang=&edition=fundamental","pubTime":"2021-02-05 14:02","market":"hk","language":"en","title":"Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1194218406","media":"Reuters","summary":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on F","content":"<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</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>Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO</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\">\nTencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO\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\">2021-02-05 14:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/16833f3700dcd938f0159a2bdc779348","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194218406","content_text":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.\nThe first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.\nKuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.\nThe float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.\nThe Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.\nIt was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.\n“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.\nTikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.\nDouyin and Kuaishou are rivals.\nKuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.\nIt had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.\nWhile access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.\nThe company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.\nBUBBLE WORRIES\nKuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.\nShares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.\nJD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.\nThe recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.\n($1 = 7.7523 Hong Kong dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":179203509,"gmtCreate":1626527496201,"gmtModify":1703761469631,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Sad] ","listText":"[Sad] ","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179203509","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","kind":"news","pubTimestamp":1626481985,"share":"https://ttm.financial/m/news/1198202103?lang=&edition=fundamental","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.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>Dow drops nearly 300 points on Friday, snaps 3-week winning streak</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\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358444835,"gmtCreate":1616725593127,"gmtModify":1704797934467,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Wait and see! ","listText":"Wait and see! ","text":"Wait and see!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358444835","repostId":"1130786077","repostType":4,"repost":{"id":"1130786077","kind":"news","pubTimestamp":1616725340,"share":"https://ttm.financial/m/news/1130786077?lang=&edition=fundamental","pubTime":"2021-03-26 10:22","market":"us","language":"en","title":"Tech stocks, with the exception of one, are 'frustrating a lot of investors': analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1130786077","media":"yahoo","summary":"The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ","content":"<p>The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.</p>\n<p>Such ongoing weakness in tech has put most names in the space in the penalty box for veteran Wall Street tech analystBrent Thill of Jefferies.</p>\n<p>\"I think that tech is off limits right now. You are seeing money go to travel stocks. You are seeing money go to airlines. You are seeing the broadening out of money,\" Thill said onYahoo Finance Live. \"I think money will come back, it's just right now valuation combined with the names aren't working I think it's frustrating a lot of investors. A lot of the hedge funds have gotten turned upside down and they have to rethink their positioning. So right now, I call it more of a time out [on tech].\"</p>\n<p>While cautious on most of the underperforming tech sector, Thill does have his eye on <a href=\"https://laohu8.com/S/AONE.U\">one</a> social media giant: <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p>\"Facebook is a cheap name,\" Thill says. \"$15 of earnings power and a mid 20 [P/E] multiple on it, and you are at $350 to $375 on the stock. So you got a lot of upside still on Facebook. We like that.\"</p>\n<p>Facebook shares finished Wednesday's session at $282, up 3% on the year — and a laggard relative to the S&P 500 and Dow.</p>\n<p>Meanwhile, a recent example of a likely frustrating tech trade is cloud play <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>.</p>\n<p>Adobe smashed quarterly earnings estimates on Tuesday evening by 36 cents. Demand was strong across the board, led by a 32% increase in sales at the company's Digital Media business. The company issued full-year earnings guidance about 60 cents above Wall Street projections.</p>\n<p>Yet,Adobe shares fell nearly 2% in heavy tradingon Wednesday.</p>\n<p>Serious traders probably aren't too shocked by the ho-hum response to Adobe's blowout earnings.</p>\n<p>TheNasdaq Composite is up marginally on the yearversus a 4% gain for the S&P 500 and a 6% bump on the Dow Jones Industrial Average. As for the closely watched NYSE FAANG+ Index (which tracks top tech names such as Facebook, Apple, Amazon, Netflix and Google) it's up slightly year-to-date.</p>\n<p>Cloud stocks have been hammered this year — <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> is down 6% year-to-date and DocuSign has shed 11% (despite a strong recent earnings report of its own,as explained by DocuSign CEO Dan Springer on Yahoo Finance Live).</p>","source":"lsy1584348713084","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>Tech stocks, with the exception of one, are 'frustrating a lot of investors': analyst</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\">\nTech stocks, with the exception of one, are 'frustrating a lot of investors': analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 10:22 GMT+8 <a href=https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.\nSuch ongoing weakness in...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/tech-stocks-with-the-exception-of-one-are-frustrating-a-lot-of-investors-analyst-102558525.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130786077","content_text":"The once can't-missbig-cap techtrade has been anything but hot in 2021 amid a shift to value stocks ahead of a strong economic recovery from the worst of theCOVID-19 pandemic.\nSuch ongoing weakness in tech has put most names in the space in the penalty box for veteran Wall Street tech analystBrent Thill of Jefferies.\n\"I think that tech is off limits right now. You are seeing money go to travel stocks. You are seeing money go to airlines. You are seeing the broadening out of money,\" Thill said onYahoo Finance Live. \"I think money will come back, it's just right now valuation combined with the names aren't working I think it's frustrating a lot of investors. A lot of the hedge funds have gotten turned upside down and they have to rethink their positioning. So right now, I call it more of a time out [on tech].\"\nWhile cautious on most of the underperforming tech sector, Thill does have his eye on one social media giant: Facebook.\n\"Facebook is a cheap name,\" Thill says. \"$15 of earnings power and a mid 20 [P/E] multiple on it, and you are at $350 to $375 on the stock. So you got a lot of upside still on Facebook. We like that.\"\nFacebook shares finished Wednesday's session at $282, up 3% on the year — and a laggard relative to the S&P 500 and Dow.\nMeanwhile, a recent example of a likely frustrating tech trade is cloud play Adobe.\nAdobe smashed quarterly earnings estimates on Tuesday evening by 36 cents. Demand was strong across the board, led by a 32% increase in sales at the company's Digital Media business. The company issued full-year earnings guidance about 60 cents above Wall Street projections.\nYet,Adobe shares fell nearly 2% in heavy tradingon Wednesday.\nSerious traders probably aren't too shocked by the ho-hum response to Adobe's blowout earnings.\nTheNasdaq Composite is up marginally on the yearversus a 4% gain for the S&P 500 and a 6% bump on the Dow Jones Industrial Average. As for the closely watched NYSE FAANG+ Index (which tracks top tech names such as Facebook, Apple, Amazon, Netflix and Google) it's up slightly year-to-date.\nCloud stocks have been hammered this year — Salesforce is down 6% year-to-date and DocuSign has shed 11% (despite a strong recent earnings report of its own,as explained by DocuSign CEO Dan Springer on Yahoo Finance Live).","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031337179,"gmtCreate":1646441801203,"gmtModify":1676534129699,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"when will the downtrend end...","listText":"when will the downtrend end...","text":"when will the downtrend end...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031337179","repostId":"2217746440","repostType":2,"repost":{"id":"2217746440","kind":"highlight","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":1646435363,"share":"https://ttm.financial/m/news/2217746440?lang=&edition=fundamental","pubTime":"2022-03-05 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2217746440","media":"Reuters","summary":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes decl","content":"<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.</p><p>The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not," said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy," Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be "prepared to move more aggressively" later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company "illegally" collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></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>US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data</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\">\nUS STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data\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\">2022-03-05 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.</p><p>The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not," said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy," Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be "prepared to move more aggressively" later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company "illegally" collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4532":"文艺复兴科技持仓","SH":"标普500反向ETF","BK4554":"元宇宙及AR概念","QLD":"纳指两倍做多ETF","DOG":"道指反向ETF","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","SSO":"两倍做多标普500ETF","BK4576":"AR","BK4139":"生物科技","DJX":"1/100道琼斯","BK4566":"资本集团","SANA":"Sana Biotechnology, Inc.","BK4007":"制药","BK4525":"远程办公概念","BK4196":"保健护理服务","SPXU":"三倍做空标普500ETF","BK4082":"医疗保健设备","SQQQ":"纳指三倍做空ETF","BK4559":"巴菲特持仓","GOOGL":"谷歌A","BK4077":"互动媒体与服务","BK4527":"明星科技股","BK4579":"人工智能","BK4538":"云计算","QQQ":"纳指100ETF","SPY":"标普500ETF","BK4503":"景林资产持仓","OEF":"标普100指数ETF-iShares","BK4574":"无人驾驶","SDOW":"道指三倍做空ETF-ProShares","BK4561":"索罗斯持仓","BK4573":"虚拟现实","CGEM":"Cullinan Therapeutics","QID":"纳指两倍做空ETF","BK4581":"高盛持仓","DXD":"道指两倍做空ETF","BK4504":"桥水持仓","LABP":"Landos Biopharma, Inc.","TQQQ":"纳指三倍做多ETF","BK4514":"搜索引擎",".IXIC":"NASDAQ Composite","IVV":"标普500指数ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","DDM":"道指两倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217746440","content_text":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.\"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not,\" said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.\"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy,\" Hill said.Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index down 1.3% on Friday. The value index declined 0.3%.The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500 lost 0.79% to 4,328.87.The Nasdaq Composite dropped 1.66% to 13,313.44.For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be \"prepared to move more aggressively\" later if inflation does not abate as fast as expected.Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company \"illegally\" collected personal information from children without parental permission.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801481979,"gmtCreate":1627527979291,"gmtModify":1703491741038,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Hope the sentiment can also be up after this ","listText":"Hope the sentiment can also be up after this ","text":"Hope the sentiment can also be up after this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801481979","repostId":"1174589352","repostType":4,"repost":{"id":"1174589352","kind":"news","pubTimestamp":1627526996,"share":"https://ttm.financial/m/news/1174589352?lang=&edition=fundamental","pubTime":"2021-07-29 10:49","market":"hk","language":"en","title":"China Injects Short-Term Cash After Plunge in Stocks and Bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1174589352","media":"Bloomberg","summary":"China broke out of its usual pattern of daily liquidity operations by boosting cash injections into ","content":"<p>China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.</p>\n<p>The People’s Bank of China pumped in 30 billion yuan ($4.6 billion) of liquidity into the financial system with seven-day reverse repurchase agreements, resulting in a net injection of 20 billion yuan on Thursday. The operation marked the authorities’ first short-term cash addition of more than 10 billion yuan since June 30. It also comes ahead of the month-end when liquidity is usually tighter.</p>\n<p>The move adds to a slew of signs that Beijing is growing uncomfortable with the recent wild swings in the financial markets. China’s securities regulator was reported to have convened executives of major investment banks on Wednesday night, attempting to restore calm after a recent crackdown on the private education industry. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.</p>\n<p><img src=\"https://static.tigerbbs.com/b0c5a142604f232e0655abe44874cb7a\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>The moves have calmed markets on Thursday. The CSI 300 Index rose 1.2% Thursday morning after being pushed to the brink a bear market on Wednesday morning. The offshore yuan is 0.1% lower against the dollar after a 0.6% climb Wednesday.</p>\n<p>“It seems the PBOC wants to help restore market confidence after a few days of wild dynamics,” said Hao Zhou, senior emerging markets economist at Commerzbank AG. “In general, this is in line with China’s general approach, which focuses on financial stability and expectation management.”</p>\n<p>Interbank borrowing costs declined after the Thursday’s operation. The overnight repurchase rate fell 36 basis points to 1.69%, while the seven-day rate declined 17 basis points to 2.23%. The yield on the most actively traded contract of 10-year government bonds fell the first time in three days after rising by the most in a year on Tuesday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Injects Short-Term Cash After Plunge in Stocks and Bonds</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\">\nChina Injects Short-Term Cash After Plunge in Stocks and Bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 10:49 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.\nThe People’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000300.SH":"沪深300"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-29/china-injects-short-term-cash-after-plunge-in-stocks-and-bonds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174589352","content_text":"China broke out of its usual pattern of daily liquidity operations by boosting cash injections into the financial system, after the country’s stocks and bonds tanked on regulatory risks.\nThe People’s Bank of China pumped in 30 billion yuan ($4.6 billion) of liquidity into the financial system with seven-day reverse repurchase agreements, resulting in a net injection of 20 billion yuan on Thursday. The operation marked the authorities’ first short-term cash addition of more than 10 billion yuan since June 30. It also comes ahead of the month-end when liquidity is usually tighter.\nThe move adds to a slew of signs that Beijing is growing uncomfortable with the recent wild swings in the financial markets. China’s securities regulator was reported to have convened executives of major investment banks on Wednesday night, attempting to restore calm after a recent crackdown on the private education industry. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.\n\nThe moves have calmed markets on Thursday. The CSI 300 Index rose 1.2% Thursday morning after being pushed to the brink a bear market on Wednesday morning. The offshore yuan is 0.1% lower against the dollar after a 0.6% climb Wednesday.\n“It seems the PBOC wants to help restore market confidence after a few days of wild dynamics,” said Hao Zhou, senior emerging markets economist at Commerzbank AG. “In general, this is in line with China’s general approach, which focuses on financial stability and expectation management.”\nInterbank borrowing costs declined after the Thursday’s operation. The overnight repurchase rate fell 36 basis points to 1.69%, while the seven-day rate declined 17 basis points to 2.23%. The yield on the most actively traded contract of 10-year government bonds fell the first time in three days after rising by the most in a year on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358447105,"gmtCreate":1616725631007,"gmtModify":1704797935446,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Good news! ","listText":"Good news! ","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358447105","repostId":"1165338702","repostType":4,"repost":{"id":"1165338702","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616724190,"share":"https://ttm.financial/m/news/1165338702?lang=&edition=fundamental","pubTime":"2021-03-26 10:03","market":"hk","language":"en","title":"Xiaomi is negotiating to use Great Wall Motor's factory to produce electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1165338702","media":"Tiger Newspress","summary":"Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.","content":"<p>Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.</p><p>Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.</p><p><img src=\"https://static.tigerbbs.com/5c05734ff6396ca5c7e84a276df0648d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/adb8a1c18a038bd57a10d81f9c1519c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Xiaomi is negotiating to use Great Wall Motor's factory to produce electric cars</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\">\nXiaomi is negotiating to use Great Wall Motor's factory to produce electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-26 10:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.</p><p>Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.</p><p><img src=\"https://static.tigerbbs.com/5c05734ff6396ca5c7e84a276df0648d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/adb8a1c18a038bd57a10d81f9c1519c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3df686d3a6ca977e8c6841905eb7e18c","relate_stocks":{"01810":"小米集团-W","02333":"长城汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165338702","content_text":"Xiaomi Group's share price has risen and is now up 6%, while Great Wall Motors has risen more than 7%.Market news: Xiaomi is negotiating to use Great Wall Motor’s factory to produce electric cars and may announce a partnership as soon as next week.Xiaomi responded to the rumors that Great Wall will join hands to build electric cars: All are subject to the announcement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903487815,"gmtCreate":1659060836237,"gmtModify":1676536252225,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"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/9903487815","repostId":"2255309371","repostType":4,"repost":{"id":"2255309371","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659047924,"share":"https://ttm.financial/m/news/2255309371?lang=&edition=fundamental","pubTime":"2022-07-29 06:38","market":"us","language":"en","title":"Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2255309371","media":"Reuters","summary":"July 28 (Reuters) - Apple Incon Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations a","content":"<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, "Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors."</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units "pockets of weakness."</p><p>"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that," he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy\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\">2022-07-29 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, "Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors."</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units "pockets of weakness."</p><p>"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that," he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255309371","content_text":"July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.Canalys Research analyst Runar Bjorhovde said, \"Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors.\"The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units \"pockets of weakness.\"\"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that,\" he added.Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031310075,"gmtCreate":1646441857827,"gmtModify":1676534129675,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Strong] ","listText":"[Strong] ","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031310075","repostId":"1191742725","repostType":2,"repost":{"id":"1191742725","kind":"news","pubTimestamp":1646437455,"share":"https://ttm.financial/m/news/1191742725?lang=&edition=fundamental","pubTime":"2022-03-05 07:44","market":"us","language":"en","title":"TSLA Stock Starts to Rev Up on Berlin Gigafactory Approval","url":"https://stock-news.laohu8.com/highlight/detail?id=1191742725","media":"InvestorPlace","summary":"Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P ","content":"<html><head></head><body><p>Despite general weakness in the market, shares of <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) are outperforming both the <b>S&P 500</b>and<b>Nasdaq 100</b>today. However, the leading electric vehicle (EV) maker has still lost more than 25% of its market capitalization since the start of the year. On the bright side, Tesla announced this morning that it had received conditional approval to commence commercial production for its Brandenburg, Germany, gigafactory.</p><p>TSLA Stock: Tesla Receives Conditional Gigafactory Approval</p><p>Following months of delays, Brandenburg’s state environment office finally gave Tesla a conditional license to begin commercial production. At full capacity, the gigafactory is projected to produce up to500,000 EVs per year. Additionally, Tesla has already hired 3,000 workers to work at the gigafactory.</p><p>However, investors should note that the license is conditional. What this means is that Tesla must first wait for a “public objection period” and pass other inspection policies before starting production. These inspection policies include checking for air pollution control and water usage. Including the objection period and inspection policies, Tesla must satisfy about 400 conditions before starting production. The EV maker has stated that it plans to satisfy these conditions within two weeks.</p><p>Tesla’s two-week timeline to satisfy conditions may not come to fruition. This is because the public objection period will remain open for two weeks. Afterward, Brandenburg will accept public comments for one month. However, it does seem like Tesla is in the final stretch of beginning production in Brandenburg.</p><p>Local Environmental Groups Opposes Tesla Gigafactory</p><p>One other potential roadblock in Tesla’s plan comes from local environmental groups and residents who disapprove of the new factory. As one local resident explained, “The local populace here has been told for years to reduce its water use. Then the richest man in the world comes along and gets everything laid out at his feet. … There’s something wrong with the system.”</p><p>In opposition of the gigafactory, two local Brandenburg environmental groups will engage in an administrative court hearing today. The purpose of the hearing is to discuss the gigafactory’s water usage. The groups claim that the Brandenburg environmental ministry did not conduct sufficient reviews before approving Tesla for a water utility license. Furthermore, the group claims that the gigafactory will use 1.4 million cubic meters of water annually, which will reduce the supply of drinking water to surrounding regions. That amount is enough to supply a 30,000-person town for a year.</p></body></html>","source":"lsy1606302653667","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>TSLA Stock Starts to Rev Up on Berlin Gigafactory Approval</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\">\nTSLA Stock Starts to Rev Up on Berlin Gigafactory Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-05 07:44 GMT+8 <a href=https://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P 500andNasdaq 100today. However, the leading electric vehicle (EV) maker has still lost more than 25%...</p>\n\n<a href=\"https://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/\">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://investorplace.com/2022/03/tsla-stock-starts-to-rev-up-on-berlin-gigafactory-approval/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191742725","content_text":"Despite general weakness in the market, shares of Tesla(NASDAQ:TSLA) are outperforming both the S&P 500andNasdaq 100today. However, the leading electric vehicle (EV) maker has still lost more than 25% of its market capitalization since the start of the year. On the bright side, Tesla announced this morning that it had received conditional approval to commence commercial production for its Brandenburg, Germany, gigafactory.TSLA Stock: Tesla Receives Conditional Gigafactory ApprovalFollowing months of delays, Brandenburg’s state environment office finally gave Tesla a conditional license to begin commercial production. At full capacity, the gigafactory is projected to produce up to500,000 EVs per year. Additionally, Tesla has already hired 3,000 workers to work at the gigafactory.However, investors should note that the license is conditional. What this means is that Tesla must first wait for a “public objection period” and pass other inspection policies before starting production. These inspection policies include checking for air pollution control and water usage. Including the objection period and inspection policies, Tesla must satisfy about 400 conditions before starting production. The EV maker has stated that it plans to satisfy these conditions within two weeks.Tesla’s two-week timeline to satisfy conditions may not come to fruition. This is because the public objection period will remain open for two weeks. Afterward, Brandenburg will accept public comments for one month. However, it does seem like Tesla is in the final stretch of beginning production in Brandenburg.Local Environmental Groups Opposes Tesla GigafactoryOne other potential roadblock in Tesla’s plan comes from local environmental groups and residents who disapprove of the new factory. As one local resident explained, “The local populace here has been told for years to reduce its water use. Then the richest man in the world comes along and gets everything laid out at his feet. … There’s something wrong with the system.”In opposition of the gigafactory, two local Brandenburg environmental groups will engage in an administrative court hearing today. The purpose of the hearing is to discuss the gigafactory’s water usage. The groups claim that the Brandenburg environmental ministry did not conduct sufficient reviews before approving Tesla for a water utility license. Furthermore, the group claims that the gigafactory will use 1.4 million cubic meters of water annually, which will reduce the supply of drinking water to surrounding regions. That amount is enough to supply a 30,000-person town for a year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179201971,"gmtCreate":1626527542093,"gmtModify":1703761470280,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Gosh…","listText":"Gosh…","text":"Gosh…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179201971","repostId":"2152168563","repostType":4,"repost":{"id":"2152168563","kind":"highlight","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1626489317,"share":"https://ttm.financial/m/news/2152168563?lang=&edition=fundamental","pubTime":"2021-07-17 10:35","market":"us","language":"en","title":"Pfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content","url":"https://stock-news.laohu8.com/highlight/detail?id=2152168563","media":"T-Reuters","summary":"Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lo","content":"<p>Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).</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>Pfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content</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\">\nPfizer Issues Voluntary Nationwide Recall For Twelve Lots Of Chantix Tablets Due To N-Nitroso Varenicline Content\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-07-17 10:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152168563","content_text":"Pfizer Inc:Pfizer Issues A Voluntary Nationwide Recall For Twelve Lots Of Chantix® (Varenicline) Tablets Due To N-Nitroso Varenicline Content.Wholesalers, Distributors With Existing Inventory Of The Lots Should Stop Use & Distribution; Quarantine The Product Immediately.Pfizer-Recalling 2 Lots Of Chantix 0.5Mg, 2 Lots Of Chantix 1 Mg Tablets, 8 Lots Of Chantix Kit Of 0.5Mg/1 Mg Tablets Due To Presence Of Nitrosamine.Believes The Benefit/Risk Profile Of Chantix Remains Positive.To Date, Pfizer Has Not Received Any Reports Of Adverse Events That Have Been Related To This Recall.As Communicated By Fda, There Is No Immediate Risk To Patients Taking Chantix.Further Company Coverage:. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031432424,"gmtCreate":1646637065516,"gmtModify":1676534145758,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031432424","repostId":"2217496783","repostType":2,"repost":{"id":"2217496783","kind":"news","pubTimestamp":1646549283,"share":"https://ttm.financial/m/news/2217496783?lang=&edition=fundamental","pubTime":"2022-03-06 14:48","market":"us","language":"en","title":"What Is The Boring Company?","url":"https://stock-news.laohu8.com/highlight/detail?id=2217496783","media":"Investopedia","summary":"What Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n","content":"<!DOCTYPE html>\n\n<html lang=\"en\">\n<head>\n<link href=\"//c.amazon-adsystem.com\" rel=\"preconnect\"/>\n<link href=\"//securepubads.g.doubleclick.net\" rel=\"preconnect\"/>\n<meta charset=\"utf-8\"/>\n<meta http-equiv=\"X-UA-Compatible\"/>\n<meta/>\n<meta/>\n<link href=\"https://www.investopedia.com/what-is-the-boring-company-4581757\" rel=\"canonical\"/>\n<title>What Is The Boring Company?</title>\n<meta itemprop=\"description\"/>\n<meta/>\n<meta/>\n<meta/>\n<meta/>\n<meta itemprop=\"name\"/>\n<meta property=\"fb:app_id\"/>\n<meta property=\"og:type\"/>\n<meta property=\"og:site_name\"/>\n<meta property=\"og:url\"/>\n<meta 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value=\"\"/>\n<button type=\"submit\">Submit</button>\n</div>\n</form>\n</div>\n</div>\n<div>\n<div></div>\n</div>\n<div></div>\n<main role=\"main\">\n<article>\n<div>\n<div>\n Business\n <svg>\n<use xlink:href=\"#icon-arrow-right\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n Company Profiles\n</div>\n<header>\n<h1>\nWhat Is The Boring Company?</h1>\n<div></div>\n<div>\n<div>\n<div>\n<div>\n<span>By</span>\n<div>\nLuke Fortney\n<div>\n<div>\n<div>\n<div>\n<img height=\"200\" width=\"90\"/>\n<noscript>\n<img height=\"200\" src=\"https://www.investopedia.com/thmb/bzLVZlqFqwEIsIx8SJk6ZpYbakM=/90x200/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg\" srcset=\"https://www.investopedia.com/thmb/7R7bj_InvhkEXFJLVARb_bl-0ho=/90x0/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg 90w, https://www.investopedia.com/thmb/7R7bj_InvhkEXFJLVARb_bl-0ho=/90x0/filters:no_upscale():max_bytes(150000):strip_icc()/staff_photo-5bfc261b46e0fb00260a1d80.jpg 90w\" width=\"90\"/>\n</noscript>\n</div> </div>\n<span>Full Bio</span>\n<div>\nLuke Fortney is a data journalism and an Investopedia contributing writer. He also contributes to WNYC/PRI's daily show, The Takeaway.\n</div>\n</div>\n<div>\n<span>Learn about our </span>\neditorial policies\n</div>\n</div>\n</div>\n</div>\n<div>Updated March 06, 2022</div>\n</div>\n</div>\n</div>\n</header>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<span>\nTable of Contents</span>\n<div>\n<button>\nExpand</button>\n</div>\n</div>\n<div>\n<span>\nTable of Contents</span>\n<svg>\n<use xlink:href=\"#icon-drawer-arrow\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n</div>\n<ul>\n<li>\n<div>\n<span>What Is The Boring Company?</span>\n</div>\n</li>\n<li>\n<div>\n<span>What Does The Boring Company Do?</span>\n</div>\n</li>\n<li>\n<div>\n<span>Reimagining Public Transit</span>\n</div>\n</li>\n<li>\n<div>\n<span>Selling Recreational Flamethrowers</span>\n</div>\n</li>\n<li>\n<div>\n<span>Latest Innovations</span>\n</div>\n</li>\n<li>\n<div>\n<span>The Elon Musk Factor</span>\n</div>\n</li>\n<li>\n<div>\n<span>The Bottom Line</span>\n</div>\n</li>\n</ul>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<span></span> <h2> <span> What Is The Boring Company? </span> </h2>\n<p>\nLike many of Elon Musk's most controversial ideas, The Boring Company began as a tweet. Musk was presumably sitting in a Los Angelean rush hour on Dec. 18, 2016, when he wrote, \"Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging...\" If Musk were anyone but the CEO of Tesla, he might have left it at that, but just minutes later, it seemed that he had given the idea some serious thought.<span></span>\n</p>\n<div></div>\n<p>\n\"I am actually going to do this. It shall be called 'The Boring Company,'\" Musk said in a series of tweets. But unlike his proposals to \"take Tesla private,\" build a \"media credibility website\" or pilot a mini-submarine in Thailand — ideas that were either hated, unsuccessful, or both — The Boring Company may just be Musk's most successful social media pitch to date.<span></span><span></span> The Tesla CEO officially launched The Boring Company in January 2017, but not before returning to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> to coin a company slogan: \"Boring, it's what we do.\"\n</p>\n<div></div>\n<p>\nThe Boring Company broke ground <a href=\"https://laohu8.com/S/AONE.U\">one</a> month later in February 2017 while digging a test hole on the premises of SpaceX. The test dig reportedly began on a Friday afternoon, when Musk said \"Let's get started today and see what's the biggest hole we can dig between now and Sunday afternoon, running 24 hours a day.\" At the end of that period, The Boring Company had managed to produce a hole measuring 30 feet wide, 50 feet long, and 15 feet deep.\n</p>\n<div></div>\n<div>\n<div>\n<h3>\nKey Takeaways</h3>\n<div>\n<ul><li>The Boring Company, an underground tunneling system company, was founded by Elon Musk to solve big-city traffic problems.</li><li>The Boring Company has completed three projects: the Las Vegas Convention Center (LVCC), the Hyperloop Test Track, and the R&D Tunnel.</li><li>In progress is the 29-mile Vegas Loop tunnel that will connect to 51 stations within Las Vegas and Los Angeles.</li><li>The Boring Company entered and won the City of Chicago's contest to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.</li><li>The Boring Company introduced recreational flamethrowers to the market, selling a total of approximately 20,000 units.</li></ul></div>\n</div>\n</div>\n<figure>\n<div>\n<div>\n<img height=\"493\" width=\"742\"/>\n<noscript>\n<img height=\"493\" src=\"https://www.investopedia.com/thmb/egd39mxrGTVB1CThjsx64deQdwg=/742x493/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png\" srcset=\"https://www.investopedia.com/thmb/TgHUMJnzxvkMkI25nwK-YgWy_LU=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 300w, https://www.investopedia.com/thmb/bVWdZ-i-7D6ztitNY6ptSc7ucIA=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 372w, https://www.investopedia.com/thmb/vtoLfWbaYGSL6OndfsX7BRSGFzo=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 444w, https://www.investopedia.com/thmb/qCMbGf9_fFoZTl81XQ0iQwSBX-w=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 516w, https://www.investopedia.com/thmb/3aH219keVWBaE6cQKmeEz752_3c=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.07.25PM-5c1aa653c9e77c00011d069f.png 660w\" width=\"742\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>A Tesla Model X fitted with what Elon Musk describe as \"tracking wheels.\".</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> What Does The Boring Company Do? </span> </h2>\n<p>\nWhile Elon Musk has demonstrated concern over what happens on land and in space, he also seems to be interested in what goes on underground. Just two years after its founding, The Boring Company is an infrastructure and tunnel construction company with contracts in Las Vegas, Los Angeles, and Hawthorne, California.\n</p>\n<div></div>\n<p>\nThe company's self-stated goal is \"to solve the problem of soul-destroying traffic\" by building a network of transportation corridors underground.<span></span> How exactly are they going to do that? Musk has suggested that he has the technology and the means to increase tunneling speed and drop costs by a factor of 10 or more. For context, the most expensive tunneling projects can cost as much as $1 billion per mile in urban areas.\n</p>\n<div></div>\n<h3> <span> The Boring Company Products </span> </h3>\n<p>\nThe Boring Company boasts five product lines: Loop, Utility, Freight, Pedestrian, and Bare.<span></span> The Loop—the heart of the tunneling system—is the company's underground public transportation system. Equipped with miles of tunnels and stations, it is designed to eliminate burdensome traffic.\n</p>\n<div></div>\n<p>\nUtility uses the tunneling system to store utility lines. Its design reduces or eliminates surface disruption and allows easy access to utilities. Freight uses tunnels to transfer freight, reducing the dependency on rail and other freight delivery systems.\n</p>\n<div></div>\n<p>\nThe pedestrian product line features tunnels that pedestrians use to access different destinations, such as with the Las Vegas Convention Center tunnel. These pedestrian tunnels offer a safe alternative to above-ground travel.\n</p>\n<div></div>\n<p>\nLastly, Bare, as its name suggests, is a bare tunnel. It is a build-to-suit type of offering, allowing tunnels to be configured however the purchaser wants.<br/>\n</p>\n<div></div>\n<figure>\n<div>\n<div>\n<img height=\"361\" width=\"640\"/>\n<noscript>\n<img height=\"361\" src=\"https://www.investopedia.com/thmb/JyzTRHvigkzCzVpf94cqDcAMQK8=/640x361/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png\" srcset=\"https://www.investopedia.com/thmb/lp0qTxm9Dn_m7KREaUrjESr56tk=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 300w, https://www.investopedia.com/thmb/TxY3BXjp-AKg_FrwZcZBnLnNEmM=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 372w, https://www.investopedia.com/thmb/Lm0A82Lqh2hoIG6rMURw6cuT_Ck=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 444w, https://www.investopedia.com/thmb/dVy9AMlUXAxBPmcWcJVEnRJwcFQ=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 516w, https://www.investopedia.com/thmb/I_jgHXPzqN89XulYXaH_MrNAuT8=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.34.19PM-5c1aac66c9e77c0001db52fb.png 660w\" width=\"640\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>The Boring Company has proposed transporting passengers from downtown Chicago to O'Hare airport using high-speed pods.</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> Reimagining Public Transit </span> </h2>\n<p>\nThe Boring Company debuted its first completed stretch of an underground tunnel on Dec. 18, 2018, in Hawthorne, California.<span></span> When the project was first proposed, Musk suggested that pods capable of carrying 16 passengers at once would shoot through the tunnel at speeds of up to 150 miles per hour. But the project that The Boring Company unveiled in December looked remarkably different: instead of passenger pods, Tesla Model Xs were equipped with \"tracking wheels,\" a guiding system similar to the way that vehicles are moved through a car wash.\n</p>\n<div></div>\n<p>\nFirst riders reported that the tracking wheels made rides extremely bumpy even at the test speed of approximately 40 mph. Almost two years to the day after Musk first tweeted about Los Angeles traffic, The Boring Company had completed its first 1.14-mile tunnel at the construction cost of $10 million.\n</p>\n<div></div>\n<h3> <span> The Boring Company wins Chicago </span> </h3>\n<p>\nLove it or hate it, The Boring Company's first tunnel will now pave the way for the company's work in Chicago and Maryland, where it has negotiated contracts to build public transit systems. In February 2018, the City of Chicago announced a competition to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.\n</p>\n<div></div>\n<p>\nThe Boring Company entered the contest with the proposal to transport passengers from downtown to the airport in 12 minutes using automated electric cars. Musk described using a \"loop\" system, in which 16 passengers (and their luggage) would be transported at speeds of 125 to 150 mph in pods that depart every half-minute.<span></span> That's a tall order, especially after Musk's performance in Los Angeles, but in June 2018 Chicago nonetheless selected The Boring Company out of four competing bids.<span></span> If The Boring Company successfully completes the tunnel, the private company's valuation could soar to as much as $16 billion.\n</p>\n<div></div>\n<figure>\n<div>\n<div>\n<img height=\"900\" width=\"1285\"/>\n<noscript>\n<img height=\"900\" src=\"https://www.investopedia.com/thmb/MWXU3BWpqD1lcpPGv7jVkTWrHvc=/1285x900/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png\" srcset=\"https://www.investopedia.com/thmb/rcjUgOnWxD0NJqRzgSKIc2zpgvA=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 300w, https://www.investopedia.com/thmb/BnAghaFBk8hvAVJJAT9kaZPnPsc=/372x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 372w, https://www.investopedia.com/thmb/QjNvJJCAW5hOdEgwfwUHjHZUQTU=/444x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 444w, https://www.investopedia.com/thmb/Kcy5hF-h2YNtMD4qMzLB2u7YgVs=/516x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 516w, https://www.investopedia.com/thmb/lITp_z7Hw6ULMmrCc91Q7HeHFj4=/660x0/filters:no_upscale():max_bytes(150000):strip_icc()/ScreenShot2018-12-19at3.48.37PM-5c1aaf3146e0fb0001de5b83.png 660w\" width=\"1285\"/>\n</noscript>\n</div> </div>\n<figcaption>\n<svg>\n<use xlink:href=\"#icon-camera\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<span>Customs agencies in some states do not allow individuals to ship products called \"flamethrowers.\" To get around this, Musk decided to call his product \"not a flamethrower\".</span>\n<span> The Boring Company</span>\n</figcaption>\n</figure>\n<span></span> <h2> <span> Selling Recreational Flamethrowers </span> </h2>\n<p>\nElon Musk hasn’t been able to keep some of the promises he's made in the past, but when it comes to his Boring Company’s pledge to bring a recreational flamethrower to the market, the Tesla CEO appeared to deliver.\n</p>\n<div></div>\n<p>\nIn December 2017, Musk vowed to make a Boring Company flamethrower if the company could sell 50,000 branded hats for $20 each, and on Christmas Eve he announced on Twitter that the goal had been met.<span></span> Shortly after the release, Musk tweeted: \"Apparently, some customs agencies are saying they won’t allow shipment of anything called a 'Flamethrower'. To solve this, we are renaming it 'Not a Flamethrower'.\"\n</p>\n<div></div>\n<p>\nFlamethrower or not, The Boring Company sold 20,000 units for $500 each on limited release, earning the company unprecedented media exposure and $2 million in revenues.<span></span>\n</p>\n<div></div>\n<span></span> <h2> <span> Latest Innovations </span> </h2>\n<p>\nIn April 2021, The Boring Company completed the Las Vegas Convention Center (LVCC) Loop—a 1.7 mile, two-tunnel system that connects the LVCC New Exhibit Hall and its original campus.<span></span> The LVCC Loop was designed to reduce traveling time and traffic congestion.\n</p>\n<div></div>\n<div>\n<div>\n<h3></h3>\n<div>\n<p>The LVCC Loop reduced travel time between the Convention Center campuses from 45 minutes to 2 minutes.</p></div>\n</div>\n</div>\n<p>\nThe company also completed the 0.8-mile Hyperloop Test Track and 1.14-mile R&D Tunnel in Hawthorne, CA in 2016 and 2018, respectively. The Hyperloop Test Track is a hyperspeed public transportation tunnel system in which passengers travel in autonomous electric pods. Not yet open to the public, the Test Track is used for competitions where participants design and build electric pods to travel Hyperloops. The R&D Tunnel was built to test the company's tunnel infrastructure and Loop and Hyperloop systems.\n</p>\n<div></div>\n<p>\nUnder construction is the Vegas Loop, a 29-mile tunnel that will connect to the LVCC and 50 other stations along the Vegas strip, in downtown Las Vegas, the Las Vegas airport, and other locations. Also in the plan is to connect the Loop to stations in Los Angeles.<br/>\n</p>\n<div></div>\n<span></span> <h2> <span> The Elon Musk Factor </span> </h2>\n<p>\nAs of March 5, 2022, Elon Musk is the world's richest man—an off-and-on position sometimes enjoyed by Amazon founder Jeff Bezos. Elon is the CEO of Tesla, SpaceX, and The Boring Company and the founder of Paypal and other successful companies.\n</p>\n<div></div>\n<h3> <span> Elon Musk: The Early Years </span> </h3>\n<p>\nBorn in South Africa to an engineer father and fashion model mother, Musk was always fascinated with entrepreneurship and innovations.<span></span> At the age of 10, he began to program computers and became so skilled that, at 12, he created and sold his first galactical computer game, Blastar.\n</p>\n<div></div>\n<p>\nAt 17, Elon moved to Canada with his mother and attended Queen's University, where he spent two years before transferring to the University of Pennsylvania. He finished his academic career in Pennsylvania, graduating with bachelor's degrees in Physics and in Economics.\n</p>\n<div></div>\n<h3> <span> Elon Musk: Founder and CEO </span> </h3>\n<p>\nElon Musks's entrepreneurial passion and academic background led him to begin Zip2 with his brother, Kimbal, and partner, Greg Kouri, in 1995. However, in 1999, Compaq purchased the software company for $340 million. With his sudden windfall, Musk formed X.com, which later became <a href=\"https://laohu8.com/S/PYPL\">PayPal</a>. Before Musk left the company, e-commerce platform <a href=\"https://laohu8.com/S/EBAY\">eBay</a> purchased Paypal for a whopping $1.5 billion.\n</p>\n<div></div>\n<div>\n<div>\n<h3>\n$229.1 billion</h3>\n<div>\n<p>The total net worth of Elon Musk as of March 5, 2022.<span></span></p></div>\n</div>\n</div>\n<p>\nIn 2002, Elon used his payout to found SpaceX, a space travel company, although it did not take off for years. In 2004, Elon Musk heavily invested millions in the then-startup Tesla Motors and was later recruited to join the founders to run the company. In 2007, the existing CEO was ousted and Musk was named CEO, a title he currently holds.<br/>\n</p>\n<div></div>\n<div>\n<span></span>\n<h2>What Is the Value of the Boring Company?</h2>\n<div><p>The Boring Company is a private, independent company with no available financials. However, in 2019, it was estimated that the company's valuation was $920 million after raising $120 million in a seed round.<span></span></p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>What Is Prufrock?</h2>\n<div><p>Prufrock is a tunneling machine designed to dig at a greater speed than a traditional excavating machine and without a need to excavate to set up and retrieve the machine.</p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>Can You Still Buy a Not-A-Flamethrower From the Boring Company?</h2>\n<div><p>The Boring Company is not currently selling Not-A-Flamethrowers as it is focusing on its current tunneling projects and products.</p></div>\n</div>\n<div></div>\n<div>\n<span></span>\n<h2>Are the Boring Company Flamethrowers Legal?</h2>\n<div><p>The Boring Company's flamethrowers are legal but have been subject to legal disputes. Some lawmakers have introduced bills to outlaw the devices, citing them as a public danger.</p></div>\n</div>\n<div></div>\n<span></span> <h2> <span> The Bottom Line </span> </h2>\n<p>\nThe Boring Company, far from its name suggests, seeks to redefine our infrastructure and transportation systems via the use of tunnels. With successes such as the LVCC Loop system and RD Tunnel, this futuristic travel system may be arriving sooner than anticipated.\n</p>\n<div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n</div>\n<div></div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h3>\nArticle Sources</h3>\n<div>\n<div></div>\n<div></div>\n</div>\n</div>\n</div>\n<div>\n<div>\nInvestopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our\n<span>editorial policy.</span>\n</div>\n<div>\n<ol>\n<li><p>Forbes. \"#2 Elon Musk.\"</p></li>\n<li><p>Twitter. \"Elon Musk July 9, 2018.\"</p></li>\n<li><p>Twitter. \"Elon Musk May 23, 2018.\"</p></li>\n<li><p>The Boring Company. \"Why Tunnels.\"</p></li>\n<li><p>The Boring Company. \"Products.\"</p></li>\n<li><p>CNBC. \"Elon Musk unveils Boring Company tunnel, promising a new era in high-speed transportation.\"</p></li>\n<li><p>Daily Mail. \"Elon Musk's Boring Company wins its bid to build tunnels that will allow 150mph 'electric skates' to transport people between downtown Chicago and O'Hare Airport.\"</p></li>\n<li><p>City of Chicago. \"Mayor Emmanuel Announces Company Selected to Build and Operate Chicago Express Service Between Downtown and O'Hare Airport.\"</p></li>\n<li><p>The Verge. \"I Have A Boring Company Not-A-Flamethrower.\"</p></li>\n<li><p>The Boring Company. \"The Boring Company Flamethrower.\"</p></li>\n<li><p>The Boring Company. \"Projects.\"</p></li>\n<li><p>Biography. \"Elon Musk.\"</p></li>\n<li><p>Forge. \"The Boring Company IPO.\"</p></li>\n</ol>\n</div>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div>\n<div>\n<div>\n<div>\nCompare Accounts</div>\n<div>\n<button>\nAdvertiser Disclosure\n</button>\n<div>\n<div>\n×</div>\n<div>\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.</div>\n</div>\n</div>\n<div>\n<div>\n<div>\nProvider</div>\n<div>\nName</div>\n<div>\nDescription</div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n<div></div>\n</div>\n<div>\n<div>\n<div>\n<h3>\nRelated Articles</h3>\n<div>\n<div>\n<div>\n<div>\n<div>\n<img height=\"0\" width=\"680\"/>\n<noscript>\n<img height=\"0\" src=\"https://www.investopedia.com/thmb/Y6D_uZcHsCmnKRTnFw6kGJTh9nY=/680x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg\" srcset=\"https://www.investopedia.com/thmb/3r6uPrbBf2bG0xNTvO2UpW4Qjgk=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg 192w, https://www.investopedia.com/thmb/3r6uPrbBf2bG0xNTvO2UpW4Qjgk=/192x0/filters:no_upscale():max_bytes(150000):strip_icc()/ap_507406182676-5bfc3829c9e77c00587a7cc8.jpg 192w\" 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Links</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div></div>\n</div>\n</div>\n</div>\n</div>\n<div>\n<div></div>\n</div>\n<div>\n<div>\n<h3>\nRelated Terms</h3>\n<div>\n<div>\n<span>The Nielsen Company: An Overview</span>\n<div>\nThe Nielsen Company is a global provider of market research and analyses of media and viewer interactions.</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>What Is the Big Six Banks?</span>\n<div>\nThe big six banks is a term used in Canada to describe the <a href=\"https://laohu8.com/S/NTIFF\">National Bank of Canada</a>, Royal Bank, the Bank of Montreal, Canadian Imperial Bank of Commerce, the Bank of Nova Scotia (Scotiabank), and Toronto Dominion Bank (TD).</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Export Trading Company (ETC)</span>\n<div>\nAn export trading company is an independent company that provides support services for firms engaged in exporting.</div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Mississippi Company</span>\n<div>\nThe Mississippi Company refers to an example of a famous speculative bubble that occurred from 1719-1720. </div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>Baby Berkshire</span>\n<div>\nBaby Berkshire is the 50:1 stock split after the market closed on January 20th, 2010, by Berkshire Hathaway Class B shares. </div>\n<span>more</span>\n</div>\n</div>\n<div>\n<div>\n<span>National Motor Freight Traffic Association (NMFTA)</span>\n<div>\nThe National Motor Freight Traffic Association is a nonprofit organization representing interstate, intrastate, and international motor carriers. </div>\n<span>more</span>\n</div>\n</div>\n</div>\n</div>\n</div>\n</div>\n</article>\n</main>\n<div>\n<div>\n<div>\n<div>\n<svg>\n<use xlink:href=\"#inv-logo-inverted\" xmlns:xlink=\"http://www.w3.org/1999/xlink\"></use>\n</svg>\n<nav role=\"navigation\">\n<div>\n<svg>\n<use 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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\">\nWhat Is The Boring Company?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-06 14:48 GMT+8 <a href=https://www.investopedia.com/what-is-the-boring-company-4581757?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n 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Is The Boring Company?\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n \n\n \n\n\n\n\n \n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n \n\n \n\n\n\n\n\n\n \n\n \n\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n \n\n \n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEducation\n\n\n\n\n\n\n\n\n\nGeneral\n\n\n\n\nDictionary\n\n\n\n\nEconomics\n\n\n\n\nCorporate Finance\n\n\n\n\nRoth IRA\n\n\n\n\nStocks\n\n\n\n\nMutual Funds\n\n\n\nPacer Swan SOS Fund of Funds ETF|ETFs\n\n\n\n\n401(k)\n\n\n\n\n\n\nInvesting/Trading\n\n\n\n\nInvesting Essentials\n\n\n\n\nFundamental Analysis\n\n\n\n\nPortfolio Management\n\n\n\n\nTrading Essentials\n\n\n\n\nTechnical Analysis\n\n\n\n\nRisk Management\n\n\n\n\n\n\n\n\n\n\nMarkets\n\n\n\n\n\n\n\n\n\nNews\n\n\n\n\nCompany News\n\n\n\n\nMarkets News\n\n\n\n\nTrading News\n\n\n\n\nPolitical News\n\n\n\n\nTrends\n\n\n\n\n\n\nPopular Stocks\n\n\n\n\nApple (AAPL)\n\n\n\n\nTesla (TSLA)\n\n\n\n\nAmazon (AMZN)\n\n\n\nAMD (AMD)\n\n\n\n\nFacebook (FB)\n\n\n\n\nNetflix (NFLX)\n\n\n\n\n\n\n\n\n\n\nSimulator\n\n\n\n\n\n\nYour Money\n\n\n\n\n\n\n\n\n\nPersonal Finance\n\n\n\n\nWealth Management\n\n\n\n\nBudgeting/Saving\n\n\n\n\nBanking\n\n\n\n\nCredit Cards\n\n\n\n\nHome Ownership\n\n\n\n\nRetirement Planning\n\n\n\n\nTaxes\n\n\n\n\nInsurance\n\n\n\n\n\n\nReviews & Ratings\n\n\n\n\nBest Online Brokers\n\n\n\n\nBest Savings Accounts\n\n\n\n\nBest Home Warranties\n\n\n\n\nBest Credit Cards\n\n\n\n\nBest Personal Loans\n\n\n\n\nBest Student Loans\n\n\n\n\nBest Life Insurance\n\n\n\n\nBest Auto Insurance\n\n\n\n\n\n\n\n\n\n\nAdvisors\n\n\n\n\n\n\n\n\n\nYour Practice\n\n\n\n\nPractice Management\n\n\n\n\nContinuing Education\n\n\n\n\nFinancial Advisor Careers\n\n\n\n\nInvestopedia 100\n\n\n\n\n\n\nWealth Management\n\n\n\n\nPortfolio Construction\n\n\n\n\nFinancial Planning\n\n\n\n\n\n\n\n\n\n\nAcademy\n\n\n\n\n\n\n\n\n\n\n\nPopular Courses\n\n\n\n\nInvesting for Beginners\n\n\n\n\nBecome a Day Trader\n\n\n\n\nTrading for Beginners\n\n\n\n\nTechnical Analysis\n\n\n\n\n\n\nCourses by Topic\n\n\n\n\nAll Courses\n\n\n\n\nTrading Courses\n\n\n\n\nInvesting Courses\n\n\n\n\nFinancial Professional Courses\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\n\n\n\n\n\n Business\n \n\n\n Company Profiles\n\n\n\nWhat Is The Boring Company?\n\n\n\n\n\nBy\n\nLuke Fortney\n\n\n\n\n\n\n\n\n \nFull Bio\n\nLuke Fortney is a data journalism and an Investopedia contributing writer. He also contributes to WNYC/PRI's daily show, The Takeaway.\n\n\n\nLearn about our \neditorial policies\n\n\n\n\nUpdated March 06, 2022\n\n\n\n\n\n\n\n\n\n\n\nTable of Contents\n\n\nExpand\n\n\n\n\nTable of Contents\n\n\n\n\n\n\n\nWhat Is The Boring Company?\n\n\n\n\nWhat Does The Boring Company Do?\n\n\n\n\nReimagining Public Transit\n\n\n\n\nSelling Recreational Flamethrowers\n\n\n\n\nLatest Innovations\n\n\n\n\nThe Elon Musk Factor\n\n\n\n\nThe Bottom Line\n\n\n\n\n\n\n\n\n\n\n What Is The Boring Company? \n\nLike many of Elon Musk's most controversial ideas, The Boring Company began as a tweet. Musk was presumably sitting in a Los Angelean rush hour on Dec. 18, 2016, when he wrote, \"Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging...\" If Musk were anyone but the CEO of Tesla, he might have left it at that, but just minutes later, it seemed that he had given the idea some serious thought.\n\n\n\n\"I am actually going to do this. It shall be called 'The Boring Company,'\" Musk said in a series of tweets. But unlike his proposals to \"take Tesla private,\" build a \"media credibility website\" or pilot a mini-submarine in Thailand — ideas that were either hated, unsuccessful, or both — The Boring Company may just be Musk's most successful social media pitch to date. The Tesla CEO officially launched The Boring Company in January 2017, but not before returning to Twitter to coin a company slogan: \"Boring, it's what we do.\"\n\n\n\nThe Boring Company broke ground one month later in February 2017 while digging a test hole on the premises of SpaceX. The test dig reportedly began on a Friday afternoon, when Musk said \"Let's get started today and see what's the biggest hole we can dig between now and Sunday afternoon, running 24 hours a day.\" At the end of that period, The Boring Company had managed to produce a hole measuring 30 feet wide, 50 feet long, and 15 feet deep.\n\n\n\n\n\nKey Takeaways\n\nThe Boring Company, an underground tunneling system company, was founded by Elon Musk to solve big-city traffic problems.The Boring Company has completed three projects: the Las Vegas Convention Center (LVCC), the Hyperloop Test Track, and the R&D Tunnel.In progress is the 29-mile Vegas Loop tunnel that will connect to 51 stations within Las Vegas and Los Angeles.The Boring Company entered and won the City of Chicago's contest to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.The Boring Company introduced recreational flamethrowers to the market, selling a total of approximately 20,000 units.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nA Tesla Model X fitted with what Elon Musk describe as \"tracking wheels.\".\n The Boring Company\n\n\n What Does The Boring Company Do? \n\nWhile Elon Musk has demonstrated concern over what happens on land and in space, he also seems to be interested in what goes on underground. Just two years after its founding, The Boring Company is an infrastructure and tunnel construction company with contracts in Las Vegas, Los Angeles, and Hawthorne, California.\n\n\n\nThe company's self-stated goal is \"to solve the problem of soul-destroying traffic\" by building a network of transportation corridors underground. How exactly are they going to do that? Musk has suggested that he has the technology and the means to increase tunneling speed and drop costs by a factor of 10 or more. For context, the most expensive tunneling projects can cost as much as $1 billion per mile in urban areas.\n\n\n The Boring Company Products \n\nThe Boring Company boasts five product lines: Loop, Utility, Freight, Pedestrian, and Bare. The Loop—the heart of the tunneling system—is the company's underground public transportation system. Equipped with miles of tunnels and stations, it is designed to eliminate burdensome traffic.\n\n\n\nUtility uses the tunneling system to store utility lines. Its design reduces or eliminates surface disruption and allows easy access to utilities. Freight uses tunnels to transfer freight, reducing the dependency on rail and other freight delivery systems.\n\n\n\nThe pedestrian product line features tunnels that pedestrians use to access different destinations, such as with the Las Vegas Convention Center tunnel. These pedestrian tunnels offer a safe alternative to above-ground travel.\n\n\n\nLastly, Bare, as its name suggests, is a bare tunnel. It is a build-to-suit type of offering, allowing tunnels to be configured however the purchaser wants.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nThe Boring Company has proposed transporting passengers from downtown Chicago to O'Hare airport using high-speed pods.\n The Boring Company\n\n\n Reimagining Public Transit \n\nThe Boring Company debuted its first completed stretch of an underground tunnel on Dec. 18, 2018, in Hawthorne, California. When the project was first proposed, Musk suggested that pods capable of carrying 16 passengers at once would shoot through the tunnel at speeds of up to 150 miles per hour. But the project that The Boring Company unveiled in December looked remarkably different: instead of passenger pods, Tesla Model Xs were equipped with \"tracking wheels,\" a guiding system similar to the way that vehicles are moved through a car wash.\n\n\n\nFirst riders reported that the tracking wheels made rides extremely bumpy even at the test speed of approximately 40 mph. Almost two years to the day after Musk first tweeted about Los Angeles traffic, The Boring Company had completed its first 1.14-mile tunnel at the construction cost of $10 million.\n\n\n The Boring Company wins Chicago \n\nLove it or hate it, The Boring Company's first tunnel will now pave the way for the company's work in Chicago and Maryland, where it has negotiated contracts to build public transit systems. In February 2018, the City of Chicago announced a competition to build a high-speed transportation network from downtown Chicago to the O'Hare Airport.\n\n\n\nThe Boring Company entered the contest with the proposal to transport passengers from downtown to the airport in 12 minutes using automated electric cars. Musk described using a \"loop\" system, in which 16 passengers (and their luggage) would be transported at speeds of 125 to 150 mph in pods that depart every half-minute. That's a tall order, especially after Musk's performance in Los Angeles, but in June 2018 Chicago nonetheless selected The Boring Company out of four competing bids. If The Boring Company successfully completes the tunnel, the private company's valuation could soar to as much as $16 billion.\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCustoms agencies in some states do not allow individuals to ship products called \"flamethrowers.\" To get around this, Musk decided to call his product \"not a flamethrower\".\n The Boring Company\n\n\n Selling Recreational Flamethrowers \n\nElon Musk hasn’t been able to keep some of the promises he's made in the past, but when it comes to his Boring Company’s pledge to bring a recreational flamethrower to the market, the Tesla CEO appeared to deliver.\n\n\n\nIn December 2017, Musk vowed to make a Boring Company flamethrower if the company could sell 50,000 branded hats for $20 each, and on Christmas Eve he announced on Twitter that the goal had been met. Shortly after the release, Musk tweeted: \"Apparently, some customs agencies are saying they won’t allow shipment of anything called a 'Flamethrower'. To solve this, we are renaming it 'Not a Flamethrower'.\"\n\n\n\nFlamethrower or not, The Boring Company sold 20,000 units for $500 each on limited release, earning the company unprecedented media exposure and $2 million in revenues.\n\n\n Latest Innovations \n\nIn April 2021, The Boring Company completed the Las Vegas Convention Center (LVCC) Loop—a 1.7 mile, two-tunnel system that connects the LVCC New Exhibit Hall and its original campus. The LVCC Loop was designed to reduce traveling time and traffic congestion.\n\n\n\n\n\n\nThe LVCC Loop reduced travel time between the Convention Center campuses from 45 minutes to 2 minutes.\n\n\n\nThe company also completed the 0.8-mile Hyperloop Test Track and 1.14-mile R&D Tunnel in Hawthorne, CA in 2016 and 2018, respectively. The Hyperloop Test Track is a hyperspeed public transportation tunnel system in which passengers travel in autonomous electric pods. Not yet open to the public, the Test Track is used for competitions where participants design and build electric pods to travel Hyperloops. The R&D Tunnel was built to test the company's tunnel infrastructure and Loop and Hyperloop systems.\n\n\n\nUnder construction is the Vegas Loop, a 29-mile tunnel that will connect to the LVCC and 50 other stations along the Vegas strip, in downtown Las Vegas, the Las Vegas airport, and other locations. Also in the plan is to connect the Loop to stations in Los Angeles.\n\n\n The Elon Musk Factor \n\nAs of March 5, 2022, Elon Musk is the world's richest man—an off-and-on position sometimes enjoyed by Amazon founder Jeff Bezos. Elon is the CEO of Tesla, SpaceX, and The Boring Company and the founder of Paypal and other successful companies.\n\n\n Elon Musk: The Early Years \n\nBorn in South Africa to an engineer father and fashion model mother, Musk was always fascinated with entrepreneurship and innovations. At the age of 10, he began to program computers and became so skilled that, at 12, he created and sold his first galactical computer game, Blastar.\n\n\n\nAt 17, Elon moved to Canada with his mother and attended Queen's University, where he spent two years before transferring to the University of Pennsylvania. He finished his academic career in Pennsylvania, graduating with bachelor's degrees in Physics and in Economics.\n\n\n Elon Musk: Founder and CEO \n\nElon Musks's entrepreneurial passion and academic background led him to begin Zip2 with his brother, Kimbal, and partner, Greg Kouri, in 1995. However, in 1999, Compaq purchased the software company for $340 million. With his sudden windfall, Musk formed X.com, which later became PayPal. Before Musk left the company, e-commerce platform eBay purchased Paypal for a whopping $1.5 billion.\n\n\n\n\n\n$229.1 billion\n\nThe total net worth of Elon Musk as of March 5, 2022.\n\n\n\nIn 2002, Elon used his payout to found SpaceX, a space travel company, although it did not take off for years. In 2004, Elon Musk heavily invested millions in the then-startup Tesla Motors and was later recruited to join the founders to run the company. In 2007, the existing CEO was ousted and Musk was named CEO, a title he currently holds.\n\n\n\n\nWhat Is the Value of the Boring Company?\nThe Boring Company is a private, independent company with no available financials. However, in 2019, it was estimated that the company's valuation was $920 million after raising $120 million in a seed round.\n\n\n\n\nWhat Is Prufrock?\nPrufrock is a tunneling machine designed to dig at a greater speed than a traditional excavating machine and without a need to excavate to set up and retrieve the machine.\n\n\n\n\nCan You Still Buy a Not-A-Flamethrower From the Boring Company?\nThe Boring Company is not currently selling Not-A-Flamethrowers as it is focusing on its current tunneling projects and products.\n\n\n\n\nAre the Boring Company Flamethrowers Legal?\nThe Boring Company's flamethrowers are legal but have been subject to legal disputes. Some lawmakers have introduced bills to outlaw the devices, citing them as a public danger.\n\n\n The Bottom Line \n\nThe Boring Company, far from its name suggests, seeks to redefine our infrastructure and transportation systems via the use of tunnels. With successes such as the LVCC Loop system and RD Tunnel, this futuristic travel system may be arriving sooner than anticipated.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nArticle Sources\n\n\n\n\n\n\n\n\nInvestopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our\neditorial policy.\n\n\n\nForbes. \"#2 Elon Musk.\"\nTwitter. \"Elon Musk July 9, 2018.\"\nTwitter. \"Elon Musk May 23, 2018.\"\nThe Boring Company. \"Why Tunnels.\"\nThe Boring Company. \"Products.\"\nCNBC. \"Elon Musk unveils Boring Company tunnel, promising a new era in high-speed transportation.\"\nDaily Mail. \"Elon Musk's Boring Company wins its bid to build tunnels that will allow 150mph 'electric skates' to transport people between downtown Chicago and O'Hare Airport.\"\nCity of Chicago. \"Mayor Emmanuel Announces Company Selected to Build and Operate Chicago Express Service Between Downtown and O'Hare Airport.\"\nThe Verge. \"I Have A Boring Company Not-A-Flamethrower.\"\nThe Boring Company. \"The Boring Company Flamethrower.\"\nThe Boring Company. \"Projects.\"\nBiography. \"Elon Musk.\"\nForge. \"The Boring Company IPO.\"\n\n\n\n\n\n\n\n\n\n\n\nCompare Accounts\n\n\nAdvertiser Disclosure\n\n\n\n×\n\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. 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Investopedia does not include all offers available in the marketplace.\n\n\n\n\n\nProvider\n\nName\n\nDescription\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Articles\n\n\n\n\n\n\n\n\n \n\n\n\n\nTop Stocks\n\nElon Musk’s 5 Best Investments\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\nHow Amtrak Makes Money\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nRich & Powerful\n\nA Look at the 10 Richest People in the World (Updated March 2022)\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\nThe Economics of Tesla’s Batteries Business\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCompany Profiles\n\n6 Big Risks of Investing in Tesla Stock\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nCEOs\n\nHow Jeff Bezos Became One of the World’s Richest Men\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPartner Links\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Terms\n\n\nThe Nielsen Company: An Overview\n\nThe Nielsen Company is a global provider of market research and analyses of media and viewer interactions.\nmore\n\n\n\n\nWhat Is the Big Six Banks?\n\nThe big six banks is a term used in Canada to describe the National Bank of Canada, Royal Bank, the Bank of Montreal, Canadian Imperial Bank of Commerce, the Bank of Nova Scotia (Scotiabank), and Toronto Dominion Bank (TD).\nmore\n\n\n\n\nExport Trading Company (ETC)\n\nAn export trading company is an independent company that provides support services for firms engaged in exporting.\nmore\n\n\n\n\nMississippi Company\n\nThe Mississippi Company refers to an example of a famous speculative bubble that occurred from 1719-1720. \nmore\n\n\n\n\nBaby Berkshire\n\nBaby Berkshire is the 50:1 stock split after the market closed on January 20th, 2010, by Berkshire Hathaway Class B shares. \nmore\n\n\n\n\nNational Motor Freight Traffic Association (NMFTA)\n\nThe National Motor Freight Traffic Association is a nonprofit organization representing interstate, intrastate, and international motor carriers. 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family.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031432217,"gmtCreate":1646636991591,"gmtModify":1676534145750,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031432217","repostId":"1112060103","repostType":2,"repost":{"id":"1112060103","kind":"news","pubTimestamp":1646618408,"share":"https://ttm.financial/m/news/1112060103?lang=&edition=fundamental","pubTime":"2022-03-07 10:00","market":"us","language":"en","title":"These Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse","url":"https://stock-news.laohu8.com/highlight/detail?id=1112060103","media":"MarketWatch","summary":"The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should non","content":"<html><head></head><body><p>The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.</p><p>“Although there is a huge margin of error around any estimate, subjectively, we would assign an uncomfortably high 10% chance of a civilization-ending global nuclear war over the next 12 months,” said a team of BCA Research analysts, led by chief global strategist Peter Berezin, in a Friday report.</p><p>The researchers said that if the war in Ukraine continues to go badly for Russia, and “Putin concludes he has no future, the risk is that he will decide that no one else should have a future either.”</p><p>The report found that even if a third world war is averted, global markets could “experience a freak-out moment” in the coming weeks akin to what happened at the beginning of the pandemic in February 2020, as nuclear fears rise.</p><p>But the report from the Montreal-based company concludes on a practical, if not particularly reassuring, note, saying that despite the increased risk of nuclear war, “it makes sense to stay constructive on stocks” over the next year, betting that civilization will not actually end.</p><p>“If an ICBM is heading your way, the size and composition of your portfolio become irrelevant,” they wrote. “Thus, from a purely financial perspective, you should largely ignore existential risk, even if you do care about it greatly from a personal perspective.”</p></body></html>","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>These Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse </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\">\nThese Analysts Are Remaining Bullish despite Rising Risk of Nuclear Apocalypse \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-07 10:00 GMT+8 <a href=https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.“Although there is a huge margin of error ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/these-analysts-are-remaining-bullish-despite-rising-risk-of-nuclear-apocalypse-11646614063?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112060103","content_text":"The war in Ukraine is significantly raising the risk of nuclear apocalypse, but investors should nonetheless remain “bullish,” according to a recent report.“Although there is a huge margin of error around any estimate, subjectively, we would assign an uncomfortably high 10% chance of a civilization-ending global nuclear war over the next 12 months,” said a team of BCA Research analysts, led by chief global strategist Peter Berezin, in a Friday report.The researchers said that if the war in Ukraine continues to go badly for Russia, and “Putin concludes he has no future, the risk is that he will decide that no one else should have a future either.”The report found that even if a third world war is averted, global markets could “experience a freak-out moment” in the coming weeks akin to what happened at the beginning of the pandemic in February 2020, as nuclear fears rise.But the report from the Montreal-based company concludes on a practical, if not particularly reassuring, note, saying that despite the increased risk of nuclear war, “it makes sense to stay constructive on stocks” over the next year, betting that civilization will not actually end.“If an ICBM is heading your way, the size and composition of your portfolio become irrelevant,” they wrote. “Thus, from a purely financial perspective, you should largely ignore existential risk, even if you do care about it greatly from a personal perspective.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805819716,"gmtCreate":1627869459435,"gmtModify":1703496845022,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805819716","repostId":"1130492644","repostType":4,"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389807713,"gmtCreate":1612747916232,"gmtModify":1704873736730,"author":{"id":"3568514422518898","authorId":"3568514422518898","name":"BJL_FIRE","avatar":"https://static.tigerbbs.com/67c1b4042b51c227e94b8333d678a33a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568514422518898","authorIdStr":"3568514422518898"},"themes":[],"htmlText":"Look forward to tencent’s 2020 annual report!!","listText":"Look forward to tencent’s 2020 annual report!!","text":"Look forward to tencent’s 2020 annual report!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389807713","repostId":"1194218406","repostType":4,"repost":{"id":"1194218406","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612504946,"share":"https://ttm.financial/m/news/1194218406?lang=&edition=fundamental","pubTime":"2021-02-05 14:02","market":"hk","language":"en","title":"Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1194218406","media":"Reuters","summary":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on F","content":"<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</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>Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO</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\">\nTencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO\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\">2021-02-05 14:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/16833f3700dcd938f0159a2bdc779348","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194218406","content_text":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.\nThe first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.\nKuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.\nThe float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.\nThe Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.\nIt was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.\n“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.\nTikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.\nDouyin and Kuaishou are rivals.\nKuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.\nIt had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.\nWhile access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.\nThe company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.\nBUBBLE WORRIES\nKuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.\nShares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.\nJD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.\nThe recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.\n($1 = 7.7523 Hong Kong dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}