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吃狗粮的猫
2021-04-22
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吃狗粮的猫
2021-04-22
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Intel Reports Earnings Thursday. Here’s What to Know.
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Here’s What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147263213","media":"Barrons","summary":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.Intel didn’t issue precise new financial guidance for the first quarter, but said it exp","content":"<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p>\n<p>Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p>\n<p>As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p>\n<p>Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p>\n<p>Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p>\n<p>Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p>\n<p>Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p>\n<p>Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p>\n<p>Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told <i>Barron’s</i> that he expects the chip shortage to last two years.</p>\n<p>Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p>\n<p>Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p>\n<p>Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Reports Earnings Thursday. Here’s What to Know.</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\">\nIntel Reports Earnings Thursday. Here’s What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:11 GMT+8 <a href=https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already ...</p>\n\n<a href=\"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147263213","content_text":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.\nAs part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.\nIntel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.\nSusquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.\nAnalysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.\nDespite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.\nStill, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.\nIntel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told Barron’s that he expects the chip shortage to last two years.\nOf the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.\nIntel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.\nRolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":376175208,"gmtCreate":1619100447404,"gmtModify":1704719665680,"author":{"id":"3574837906334710","authorId":"3574837906334710","name":"吃狗粮的猫","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574837906334710","idStr":"3574837906334710"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376175208","repostId":"1147263213","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376177032,"gmtCreate":1619100501626,"gmtModify":1704719667335,"author":{"id":"3574837906334710","authorId":"3574837906334710","name":"吃狗粮的猫","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574837906334710","idStr":"3574837906334710"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376177032","repostId":"2129382428","repostType":4,"repost":{"id":"2129382428","pubTimestamp":1619098008,"share":"https://ttm.financial/m/news/2129382428?lang=&edition=fundamental","pubTime":"2021-04-22 21:26","market":"us","language":"en","title":"3 SPACs That Short-Sellers Are Targeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382428","media":"Motley Fool","summary":"Are these beaten-down SPACs ripe for a short squeeze?","content":"<p>It's certainly been a weird year to be a short-seller. Just ask anyone betting that selling physical video games out of retail stores during a deadly pandemic is a terrible business to be in. At the same time, the market for special-purpose acquisition companies (SPACs) has cooled significantly in recent months, with investors shunning speculative stocks fetching lofty valuations. Seeing an opportunity to capitalize on the downtrend, short-sellers have been piling on to push prices down even further.</p>\n<p>Short-sellers borrow stock and then sell it, hoping that it declines so that they can buy it back at a lower price in order to return the shares that were borrowed. Here are three companies -- that have already closed their SPAC mergers or are preparing to -- that the shorts have been targeting and have the highest short interest as a percentage of float, according to recent data from short-selling analytics specialist S3 Partners.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2354c7e6e4644581cb59037185538f1b\" tg-width=\"700\" tg-height=\"369\"><span>Image source: Getty Images.</span></p>\n<h2>Clover Health Investments: 28% of float</h2>\n<p>Venture capitalist and SPAC enthusiast Chamath Palihapitiya is credited with helping spur the SPAC boom, launching his first SPAC back in 2017. Medicare provider <b>Clover Health Investments </b>(NASDAQ:CLOV) went public after closing its merger with Social Capital Hedosophia III earlier this year and was promptly targeted by activist short-seller Hindenburg Research in February.</p>\n<p>The bearish investor released a damning report alleging that Clover Health engages in deceptive sales practices and was under investigation by the Department of Justice, which had not been disclosed to public shareholders when Palihapitiya was marketing the deal.</p>\n<p>Those allegations have attracted more shorts, and the high level of short interest has in turn attracted the attention of retail investors on Reddit's WallStreetBets forum, who often attempt to pile into heavily shorted stocks in an effort to create a short squeeze to generate gains.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8cf685701495a657ce5eaf65f53de3f\" tg-width=\"700\" tg-height=\"338\"><span>Image source: SoFi.</span></p>\n<h2>Social Capital Hedosophia V: 23% of float</h2>\n<p>Incidentally, another Palihapitiya SPAC is also among the SPACs that have high short interest. <b>Social Capital Hedosophia V </b>(NYSE:IPOE) announced in January that it is taking fintech company Social Finance, known as SoFi, public in a deal that values the private start-up at $8.65 billion.</p>\n<p>With a relatively large revenue base, SoFi is a bit less speculative than many other SPACs. The company generated $621 million in adjusted net revenue in 2020, which is forecast to grow to $980 million this year. SoFi finished 2020 with nearly 1.9 million unique members.</p>\n<p>Years ago, SoFi was the subject of a sexual harassment scandal involving former CEO Mike Cagney, but the company largely put that in the past when it ousted Cagney and recruited former <b>Goldman Sachs </b>exec and <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> </b>COO Anthony Noto to lead the fintech specialist in 2018.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a2cef326914858d8682e00440270373\" tg-width=\"700\" tg-height=\"474\"><span>Image source: Fisker.</span></p>\n<h2>Fisker: 17% of float</h2>\n<p>Founded by automotive design legend Henrik Fisker, <b>Fisker, Inc. </b>(NYSE:FSR) closed its merger with <a href=\"https://laohu8.com/S/SPAQ\">Spartan Energy Acquisition</a> late last year. Note that Fisker, Inc. is different from another eponymous company, Fisker Automotive, that Fisker (the person) started long ago. Fisker Automotive had attempted to release a plug-in hybrid electric vehicle (PHEV) called the Karma that flopped nearly a decade ago, pushing Fisker Automotive into bankruptcy.</p>\n<p>The new Fisker, Inc. is developing an electric SUV known as the Ocean, targeting a relatively more affordable price point than other EV start-ups. Ocean will start at around $37,499 <i>before </i>factoring in federal tax credits or other state incentives. The company is attempting a unique asset-light model where it outsources all production to automotive contract manufacturer <b>Magna</b>, which Fisker argues will lead to greater profitability over time by mitigating the capital intensity that the auto industry is notorious for. Ocean is expected to enter production in 2022.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 SPACs That Short-Sellers Are Targeting</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\">\n3 SPACs That Short-Sellers Are Targeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 21:26 GMT+8 <a href=https://www.fool.com/investing/2021/04/22/3-spacs-that-short-sellers-are-targeting/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's certainly been a weird year to be a short-seller. Just ask anyone betting that selling physical video games out of retail stores during a deadly pandemic is a terrible business to be in. At the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/3-spacs-that-short-sellers-are-targeting/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSR":"菲斯克","CLOV":"Clover Health Corp"},"source_url":"https://www.fool.com/investing/2021/04/22/3-spacs-that-short-sellers-are-targeting/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382428","content_text":"It's certainly been a weird year to be a short-seller. Just ask anyone betting that selling physical video games out of retail stores during a deadly pandemic is a terrible business to be in. At the same time, the market for special-purpose acquisition companies (SPACs) has cooled significantly in recent months, with investors shunning speculative stocks fetching lofty valuations. Seeing an opportunity to capitalize on the downtrend, short-sellers have been piling on to push prices down even further.\nShort-sellers borrow stock and then sell it, hoping that it declines so that they can buy it back at a lower price in order to return the shares that were borrowed. Here are three companies -- that have already closed their SPAC mergers or are preparing to -- that the shorts have been targeting and have the highest short interest as a percentage of float, according to recent data from short-selling analytics specialist S3 Partners.\nImage source: Getty Images.\nClover Health Investments: 28% of float\nVenture capitalist and SPAC enthusiast Chamath Palihapitiya is credited with helping spur the SPAC boom, launching his first SPAC back in 2017. Medicare provider Clover Health Investments (NASDAQ:CLOV) went public after closing its merger with Social Capital Hedosophia III earlier this year and was promptly targeted by activist short-seller Hindenburg Research in February.\nThe bearish investor released a damning report alleging that Clover Health engages in deceptive sales practices and was under investigation by the Department of Justice, which had not been disclosed to public shareholders when Palihapitiya was marketing the deal.\nThose allegations have attracted more shorts, and the high level of short interest has in turn attracted the attention of retail investors on Reddit's WallStreetBets forum, who often attempt to pile into heavily shorted stocks in an effort to create a short squeeze to generate gains.\nImage source: SoFi.\nSocial Capital Hedosophia V: 23% of float\nIncidentally, another Palihapitiya SPAC is also among the SPACs that have high short interest. Social Capital Hedosophia V (NYSE:IPOE) announced in January that it is taking fintech company Social Finance, known as SoFi, public in a deal that values the private start-up at $8.65 billion.\nWith a relatively large revenue base, SoFi is a bit less speculative than many other SPACs. The company generated $621 million in adjusted net revenue in 2020, which is forecast to grow to $980 million this year. SoFi finished 2020 with nearly 1.9 million unique members.\nYears ago, SoFi was the subject of a sexual harassment scandal involving former CEO Mike Cagney, but the company largely put that in the past when it ousted Cagney and recruited former Goldman Sachs exec and Twitter COO Anthony Noto to lead the fintech specialist in 2018.\nImage source: Fisker.\nFisker: 17% of float\nFounded by automotive design legend Henrik Fisker, Fisker, Inc. (NYSE:FSR) closed its merger with Spartan Energy Acquisition late last year. Note that Fisker, Inc. is different from another eponymous company, Fisker Automotive, that Fisker (the person) started long ago. Fisker Automotive had attempted to release a plug-in hybrid electric vehicle (PHEV) called the Karma that flopped nearly a decade ago, pushing Fisker Automotive into bankruptcy.\nThe new Fisker, Inc. is developing an electric SUV known as the Ocean, targeting a relatively more affordable price point than other EV start-ups. Ocean will start at around $37,499 before factoring in federal tax credits or other state incentives. The company is attempting a unique asset-light model where it outsources all production to automotive contract manufacturer Magna, which Fisker argues will lead to greater profitability over time by mitigating the capital intensity that the auto industry is notorious for. Ocean is expected to enter production in 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
