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2021-03-01

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Robinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos

2021-02-27

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Gamestop And High Volatility Options

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20:08","market":"us","language":"en","title":"Robinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos","url":"https://stock-news.laohu8.com/highlight/detail?id=1178645947","media":"zerohedge","summary":"Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non","content":"<p>Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non-stop PR tour over the last few weeks - one that included everything from testifying in front of congress to appears with Dave Portnoy on Barstool Sports.</p>\n<p>Because despite all of the chaos of recent weeks, the company looks hell bent on pushing forward for a confidential Initial Public Offering as early as March this year.</p>\n<p>Rumors about a Robinhood IPO were already being discussed this year, but many assumed that the recent frenzy involving GameStop - and the ensuing PR campaign against Robinhood - would likely derail the plans, at least until the second half of 2021.</p>\n<p>But the company has \"held talks in the past week with underwriters about moving forward with a filing within weeks\", Bloomberg and Reutersreportedlast week. It had already been reported that Goldman Sachs would lead the preparations for the IPO, which could value the company at more than $20 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/534ce1aac2b18e77fbbee5fed74cd35c\" tg-width=\"500\" tg-height=\"314\"></p>\n<p>Most recently, the firmfound itself in a war of wordswith investing legend Charlie Munger, who said last Thursday:&nbsp;“I hate this luring of people into engaging in speculative orgies. [Robinhood] may call it investing, but that’s all bullshit.&nbsp;It’s really just wild speculation, like casino gambling or racetrack betting. There’s a long history of destructive capitalism, these trading orgies whooped up by the people who profit from them.”</p>\n<p>“If you are selling them gambling services, where you rake profits off the top like many of these new brokers who specialize in luring the gamblers in, I<b>&nbsp;think it’s a dirty way to make money</b>, and I think that we’re crazy to allow it,” Munger said last week.</p>\n<p>Continuing to do<s>damage control</s>public relations, Robinhood fired back, calling&nbsp;<b>his comments&nbsp;“disappointing and elitist.”</b>&nbsp;A Robinhood spokeswoman responded:&nbsp;“In one fell swoop an entire new generation of investors has been criticized and this commentary overlooks the cultural shift that is taking place in our nation today. Robinhood was created to allow people who don’t have access to generational wealth or the resources that come with it to begin investing in the U.S. stock market.”</p>\n<p>We're guessing Munger, or Berkshire, won't be participating in the IPO.</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>Robinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos</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\">\nRobinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/robinhood-said-push-forward-ipo-plans-march-despite-recent-chaos><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non-stop PR tour over the last few weeks - one that included everything from testifying in front of ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/robinhood-said-push-forward-ipo-plans-march-despite-recent-chaos\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/robinhood-said-push-forward-ipo-plans-march-despite-recent-chaos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178645947","content_text":"Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non-stop PR tour over the last few weeks - one that included everything from testifying in front of congress to appears with Dave Portnoy on Barstool Sports.\nBecause despite all of the chaos of recent weeks, the company looks hell bent on pushing forward for a confidential Initial Public Offering as early as March this year.\nRumors about a Robinhood IPO were already being discussed this year, but many assumed that the recent frenzy involving GameStop - and the ensuing PR campaign against Robinhood - would likely derail the plans, at least until the second half of 2021.\nBut the company has \"held talks in the past week with underwriters about moving forward with a filing within weeks\", Bloomberg and Reutersreportedlast week. It had already been reported that Goldman Sachs would lead the preparations for the IPO, which could value the company at more than $20 billion.\n\nMost recently, the firmfound itself in a war of wordswith investing legend Charlie Munger, who said last Thursday: “I hate this luring of people into engaging in speculative orgies. [Robinhood] may call it investing, but that’s all bullshit. It’s really just wild speculation, like casino gambling or racetrack betting. There’s a long history of destructive capitalism, these trading orgies whooped up by the people who profit from them.”\n“If you are selling them gambling services, where you rake profits off the top like many of these new brokers who specialize in luring the gamblers in, I think it’s a dirty way to make money, and I think that we’re crazy to allow it,” Munger said last week.\nContinuing to dodamage controlpublic relations, Robinhood fired back, calling his comments “disappointing and elitist.” A Robinhood spokeswoman responded: “In one fell swoop an entire new generation of investors has been criticized and this commentary overlooks the cultural shift that is taking place in our nation today. Robinhood was created to allow people who don’t have access to generational wealth or the resources that come with it to begin investing in the U.S. stock market.”\nWe're guessing Munger, or Berkshire, won't be participating in the IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366043825,"gmtCreate":1614368123667,"gmtModify":1704771302043,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575264690171965","authorIdStr":"3575264690171965"},"themes":[],"htmlText":"To the moon!&nbsp;","listText":"To the moon!&nbsp;","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366043825","repostId":"1146313632","repostType":4,"repost":{"id":"1146313632","pubTimestamp":1614334339,"share":"https://ttm.financial/m/news/1146313632?lang=&edition=fundamental","pubTime":"2021-02-26 18:12","market":"us","language":"en","title":"Gamestop And High Volatility Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1146313632","media":"Options AI: Learn","summary":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from ","content":"<p><b>Gamestop Corp.</b>&nbsp;shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.</p><hr><p><b>Gamestop: The Expected Move</b></p><p>First, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):</p><p><img src=\"https://static.tigerbbs.com/e35872724d8db887fa09d822d622ac8c\" tg-width=\"568\" tg-height=\"817\" referrerpolicy=\"no-referrer\"></p><p>Gamestop: Call Spreads vs Outright Calls</p><p>Using March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.</p><p>Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.</p><p>With Gamestop near $105, the&nbsp;<b>March 19th 110/190 Debit Call Spread</b>&nbsp;is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.</p><p>As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:</p><p><img src=\"https://static.tigerbbs.com/b044a22bfbe5a8326f9aa3ebf56ed4fd\" tg-width=\"570\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>And next, the 145/200 debit call spread:</p><p><img src=\"https://static.tigerbbs.com/6cdf8545f07da48f770ef81cb4e5ac53\" tg-width=\"569\" tg-height=\"792\" referrerpolicy=\"no-referrer\"></p><p>As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)</p><p>A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).</p><p>Directional Butterflies vs Outright Puts</p><p>High volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.</p><p>One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).</p><p>So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.</p><p>Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:</p><p><img src=\"https://static.tigerbbs.com/f7cb8f9b0570e854f662f3031e50ca91\" tg-width=\"573\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.</p>","source":"lsy1614334070724","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>Gamestop And High Volatility Options</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\">\nGamestop And High Volatility Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 18:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://learn.optionsai.com/gamestop-and-high-volatility-options/><strong>Options AI: Learn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique ...</p>\n\n<a href=\"https://learn.optionsai.com/gamestop-and-high-volatility-options/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://learn.optionsai.com/gamestop-and-high-volatility-options/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146313632","content_text":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.Gamestop: The Expected MoveFirst, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):Gamestop: Call Spreads vs Outright CallsUsing March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.With Gamestop near $105, the March 19th 110/190 Debit Call Spread is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:And next, the 145/200 debit call spread:As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).Directional Butterflies vs Outright PutsHigh volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368989970,"gmtCreate":1614272582690,"gmtModify":1704770062048,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575264690171965","authorIdStr":"3575264690171965"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368989970","repostId":"1165777611","repostType":4,"repost":{"id":"1165777611","pubTimestamp":1614247990,"share":"https://ttm.financial/m/news/1165777611?lang=&edition=fundamental","pubTime":"2021-02-25 18:13","market":"us","language":"en","title":"Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165777611","media":"Barrons","summary":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyana","content":"<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p>\n<p>Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p>\n<p>Apple has so far declined to comment about any car plans recently.</p>\n<p>Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p>\n<p>He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p>\n<p>For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p>\n<p>One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p>\n<p>Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p>\n<p>Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p>\n<p>He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p>\n<p>That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p>\n<p>J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p>\n<p>The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p>\n<p>Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p>\n<p>Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p>\n<p>QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p>\n<p>Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p>\n<p>Investors, it appears, have other more pressing issues on their minds.</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>Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 18:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA\">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://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165777611","content_text":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.\nPiper tech analystHarsh Kumarsays the timing is right for an Apple (ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.\nApple has so far declined to comment about any car plans recently.\nKumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.\nHe assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.\nFor tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.\nOne factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.\nWard says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.\nMorgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.\nHe believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.\nThat threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.\nJ.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.\nThe firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.\nAnother thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.\nWedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”\nQuantumScape (QS) is pioneering solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.\nApple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.\nInvestors, it appears, have other more pressing issues on their minds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368980686,"gmtCreate":1614272517145,"gmtModify":1704770061241,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575264690171965","authorIdStr":"3575264690171965"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368980686","repostId":"2114317810","repostType":4,"repost":{"id":"2114317810","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":1614249351,"share":"https://ttm.financial/m/news/2114317810?lang=&edition=fundamental","pubTime":"2021-02-25 18:35","market":"hk","language":"en","title":"China's Xiaomi adds manufacturing muscle in India to boost phone production","url":"https://stock-news.laohu8.com/highlight/detail?id=2114317810","media":"Reuters","summary":"BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make i","content":"<p>BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest smartphone brands.</p>\n<p>China's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.</p>\n<p>Xiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the lowest in the world.</p>\n<p>\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.</p>\n<p>The company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.</p>\n<p>Its latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.</p>\n<p>Xiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.</p>\n<p>The company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.</p>\n<p>Xiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.</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>China's Xiaomi adds manufacturing muscle in India to boost phone production</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's Xiaomi adds manufacturing muscle in India to boost phone production\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\">2021-02-25 18:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest smartphone brands.</p>\n<p>China's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.</p>\n<p>Xiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the lowest in the world.</p>\n<p>\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.</p>\n<p>The company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.</p>\n<p>Its latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.</p>\n<p>Xiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.</p>\n<p>The company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.</p>\n<p>Xiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W","00285":"比亚迪电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2114317810","content_text":"BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already one of the biggest smartphone brands.\nChina's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.\nXiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are one of the lowest in the world.\n\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.\nThe company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.\nIts latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.\nXiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.\nThe company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.\nXiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385629818,"gmtCreate":1613545562834,"gmtModify":1704881841709,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575264690171965","authorIdStr":"3575264690171965"},"themes":[],"htmlText":"This is not good","listText":"This is not good","text":"This is not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385629818","repostId":"1120526689","repostType":4,"repost":{"id":"1120526689","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":1613542946,"share":"https://ttm.financial/m/news/1120526689?lang=&edition=fundamental","pubTime":"2021-02-17 14:22","market":"uk","language":"en","title":"Europe braces for pandemic reality to hit banks","url":"https://stock-news.laohu8.com/highlight/detail?id=1120526689","media":"Reuters","summary":"Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-star","content":"<p>Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate among politicians about whether they may ultimately need state help.</p>\n<p>Reflecting on the pandemic impact, many bank executives say the worst is behind them, with Societe Generale CEO Frederic Oudea and BNP Paribas CEO Jean-Laurent Bonnafe predicting an imminent rebound.</p>\n<p>“Optimism is ... a weapon of war,” Philippe Brassac, chief executive of Credit Agricole said in January, decrying “doom-mongers”. “And this war, we can win.”</p>\n<p>All three French lenders saw profits shrink last year and profits at Spain’s Santander and Dutch bank ING also dipped.</p>\n<p>While executives voice confidence, European officials worry the banks’ problems have barely begun.</p>\n<p>They fear more borrowers will default when government support, including billions of euros of loan guarantees in France, Spain and elsewhere, is unwound.</p>\n<p>Officials spelt out their concerns in a report presented to euro zone finance ministers who met on Monday, warning of “wide-scale corporate distress”.</p>\n<p>In the document, they highlighted the extent to which banks rely on governments to help borrowers.</p>\n<p>Were it not for government support, they estimated roughly a quarter of EU firms could have been in trouble at the end of last year and cautioned that banks’ provisions for such losses did not reflect the “underlying deterioration”.</p>\n<p>Roughly 587 billion euros ($712 billion) of loans were under moratoria and 289 billion euros of credit had been given on the back of public guarantees, they said, from a tally late last year.</p>\n<p>“We have to avoid a sharp rise in insolvencies,” Paolo Gentiloni, the European Union’s economy commissioner, told journalists after the ministers’ gathering.</p>\n<p>The same unease is felt at the European Central Bank, which supervises lenders.</p>\n<p>In January, it said banks were setting aside less for bad loans than rivals in the United States and it suspected some were not taking sufficient measures, skewing the calculation of risk to convey brighter prospects for the future.</p>\n<p>Both continents have unleashed billions to stem the economic fallout from the pandemic, although in Europe, a patchwork of independent states, the type of assistance, whether grant or guarantee, depends on which country is giving it.</p>\n<p>France, Italy and Spain have issued billions of guarantees on loans, while Germany made generous grants.</p>\n<p>Jerome Legras of Axiom Alternative Investments said the upbeat message of bankers jarred with that of regulators: “The message from the supervisor is almost the exact opposite.”</p>\n<p>The rosy picture painted by some executives is also at odds with data collected by the European Datawarehouse, which has analysed half a trillion euros of European mortgage loans.</p>\n<p>Its survey last December calculated that one fifth of loans in the United Kingdom had required a payment break, followed closely by Portugal as well as Italy, with more than 12%, and Ireland with around 10%.</p>\n<p>One euro zone official, speaking on condition of anonymity, said that while banks were largely robust, “some ... may run into problems or have to be wound up”.</p>\n<p>Despite the concern of European officials, deep divisions remain over how to respond.</p>\n<p>Although the 19-country euro zone bloc agreed to put the central bank in charge of supervising lenders after the financial crash more than a decade ago, they remain at odds on what to do if lenders run into trouble.</p>\n<p>Wealthy countries, such as Germany, are reluctant to help poorer ones, such as Italy or Greece, by establishing a joint rescue net.</p>\n<p>Klaus Regling, head of the European Stability Mechanism, told journalists on Monday that the ESM fund, set up during the great financial crash to help countries in trouble, could be used in winding up banks from next year.</p>\n<p>“We have created a strong second line of defence,” he said, pointing to the knock-on impact of rising insolvencies on banks and governments.</p>\n<p>Deciding on joint action such as resorting to the ESM, however, is highly political. Efforts by the European Central Bank, for example, to set up a pan-euro-zone bad bank to help lenders warehouse and sell off troubled loans have made scant progress.</p>\n<p>In the meantime, many bankers hope for the best.</p>\n<p>“There will be light at the end of the tunnel,” said Steven van Rijswijk, CEO of ING. “Where the tunnel ends we do not know.”</p>\n<p>($1 = 0.8226 euros)</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>Europe braces for pandemic reality to hit banks</title>\n<style 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}\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\">\nEurope braces for pandemic reality to hit banks\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\">2021-02-17 14:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate among politicians about whether they may ultimately need state help.</p>\n<p>Reflecting on the pandemic impact, many bank executives say the worst is behind them, with Societe Generale CEO Frederic Oudea and BNP Paribas CEO Jean-Laurent Bonnafe predicting an imminent rebound.</p>\n<p>“Optimism is ... a weapon of war,” Philippe Brassac, chief executive of Credit Agricole said in January, decrying “doom-mongers”. “And this war, we can win.”</p>\n<p>All three French lenders saw profits shrink last year and profits at Spain’s Santander and Dutch bank ING also dipped.</p>\n<p>While executives voice confidence, European officials worry the banks’ problems have barely begun.</p>\n<p>They fear more borrowers will default when government support, including billions of euros of loan guarantees in France, Spain and elsewhere, is unwound.</p>\n<p>Officials spelt out their concerns in a report presented to euro zone finance ministers who met on Monday, warning of “wide-scale corporate distress”.</p>\n<p>In the document, they highlighted the extent to which banks rely on governments to help borrowers.</p>\n<p>Were it not for government support, they estimated roughly a quarter of EU firms could have been in trouble at the end of last year and cautioned that banks’ provisions for such losses did not reflect the “underlying deterioration”.</p>\n<p>Roughly 587 billion euros ($712 billion) of loans were under moratoria and 289 billion euros of credit had been given on the back of public guarantees, they said, from a tally late last year.</p>\n<p>“We have to avoid a sharp rise in insolvencies,” Paolo Gentiloni, the European Union’s economy commissioner, told journalists after the ministers’ gathering.</p>\n<p>The same unease is felt at the European Central Bank, which supervises lenders.</p>\n<p>In January, it said banks were setting aside less for bad loans than rivals in the United States and it suspected some were not taking sufficient measures, skewing the calculation of risk to convey brighter prospects for the future.</p>\n<p>Both continents have unleashed billions to stem the economic fallout from the pandemic, although in Europe, a patchwork of independent states, the type of assistance, whether grant or guarantee, depends on which country is giving it.</p>\n<p>France, Italy and Spain have issued billions of guarantees on loans, while Germany made generous grants.</p>\n<p>Jerome Legras of Axiom Alternative Investments said the upbeat message of bankers jarred with that of regulators: “The message from the supervisor is almost the exact opposite.”</p>\n<p>The rosy picture painted by some executives is also at odds with data collected by the European Datawarehouse, which has analysed half a trillion euros of European mortgage loans.</p>\n<p>Its survey last December calculated that one fifth of loans in the United Kingdom had required a payment break, followed closely by Portugal as well as Italy, with more than 12%, and Ireland with around 10%.</p>\n<p>One euro zone official, speaking on condition of anonymity, said that while banks were largely robust, “some ... may run into problems or have to be wound up”.</p>\n<p>Despite the concern of European officials, deep divisions remain over how to respond.</p>\n<p>Although the 19-country euro zone bloc agreed to put the central bank in charge of supervising lenders after the financial crash more than a decade ago, they remain at odds on what to do if lenders run into trouble.</p>\n<p>Wealthy countries, such as Germany, are reluctant to help poorer ones, such as Italy or Greece, by establishing a joint rescue net.</p>\n<p>Klaus Regling, head of the European Stability Mechanism, told journalists on Monday that the ESM fund, set up during the great financial crash to help countries in trouble, could be used in winding up banks from next year.</p>\n<p>“We have created a strong second line of defence,” he said, pointing to the knock-on impact of rising insolvencies on banks and governments.</p>\n<p>Deciding on joint action such as resorting to the ESM, however, is highly political. Efforts by the European Central Bank, for example, to set up a pan-euro-zone bad bank to help lenders warehouse and sell off troubled loans have made scant progress.</p>\n<p>In the meantime, many bankers hope for the best.</p>\n<p>“There will be light at the end of the tunnel,” said Steven van Rijswijk, CEO of ING. “Where the tunnel ends we do not know.”</p>\n<p>($1 = 0.8226 euros)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DB":"德意志银行","0HB5.UK":"法国巴黎银行","0J6Y.UK":"法国兴业银行","0H7D.UK":"德意志银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120526689","content_text":"Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate among politicians about whether they may ultimately need state help.\nReflecting on the pandemic impact, many bank executives say the worst is behind them, with Societe Generale CEO Frederic Oudea and BNP Paribas CEO Jean-Laurent Bonnafe predicting an imminent rebound.\n“Optimism is ... a weapon of war,” Philippe Brassac, chief executive of Credit Agricole said in January, decrying “doom-mongers”. “And this war, we can win.”\nAll three French lenders saw profits shrink last year and profits at Spain’s Santander and Dutch bank ING also dipped.\nWhile executives voice confidence, European officials worry the banks’ problems have barely begun.\nThey fear more borrowers will default when government support, including billions of euros of loan guarantees in France, Spain and elsewhere, is unwound.\nOfficials spelt out their concerns in a report presented to euro zone finance ministers who met on Monday, warning of “wide-scale corporate distress”.\nIn the document, they highlighted the extent to which banks rely on governments to help borrowers.\nWere it not for government support, they estimated roughly a quarter of EU firms could have been in trouble at the end of last year and cautioned that banks’ provisions for such losses did not reflect the “underlying deterioration”.\nRoughly 587 billion euros ($712 billion) of loans were under moratoria and 289 billion euros of credit had been given on the back of public guarantees, they said, from a tally late last year.\n“We have to avoid a sharp rise in insolvencies,” Paolo Gentiloni, the European Union’s economy commissioner, told journalists after the ministers’ gathering.\nThe same unease is felt at the European Central Bank, which supervises lenders.\nIn January, it said banks were setting aside less for bad loans than rivals in the United States and it suspected some were not taking sufficient measures, skewing the calculation of risk to convey brighter prospects for the future.\nBoth continents have unleashed billions to stem the economic fallout from the pandemic, although in Europe, a patchwork of independent states, the type of assistance, whether grant or guarantee, depends on which country is giving it.\nFrance, Italy and Spain have issued billions of guarantees on loans, while Germany made generous grants.\nJerome Legras of Axiom Alternative Investments said the upbeat message of bankers jarred with that of regulators: “The message from the supervisor is almost the exact opposite.”\nThe rosy picture painted by some executives is also at odds with data collected by the European Datawarehouse, which has analysed half a trillion euros of European mortgage loans.\nIts survey last December calculated that one fifth of loans in the United Kingdom had required a payment break, followed closely by Portugal as well as Italy, with more than 12%, and Ireland with around 10%.\nOne euro zone official, speaking on condition of anonymity, said that while banks were largely robust, “some ... may run into problems or have to be wound up”.\nDespite the concern of European officials, deep divisions remain over how to respond.\nAlthough the 19-country euro zone bloc agreed to put the central bank in charge of supervising lenders after the financial crash more than a decade ago, they remain at odds on what to do if lenders run into trouble.\nWealthy countries, such as Germany, are reluctant to help poorer ones, such as Italy or Greece, by establishing a joint rescue net.\nKlaus Regling, head of the European Stability Mechanism, told journalists on Monday that the ESM fund, set up during the great financial crash to help countries in trouble, could be used in winding up banks from next year.\n“We have created a strong second line of defence,” he said, pointing to the knock-on impact of rising insolvencies on banks and governments.\nDeciding on joint action such as resorting to the ESM, however, is highly political. Efforts by the European Central Bank, for example, to set up a pan-euro-zone bad bank to help lenders warehouse and sell off troubled loans have made scant progress.\nIn the meantime, many bankers hope for the best.\n“There will be light at the end of the tunnel,” said Steven van Rijswijk, CEO of ING. “Where the tunnel ends we do not know.”\n($1 = 0.8226 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385620899,"gmtCreate":1613545331811,"gmtModify":1704881840251,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575264690171965","authorIdStr":"3575264690171965"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/385620899","repostId":"2112835999","repostType":4,"repost":{"id":"2112835999","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":1613529204,"share":"https://ttm.financial/m/news/2112835999?lang=&edition=fundamental","pubTime":"2021-02-17 10:33","market":"us","language":"en","title":"Australia says content laws already working after Nine-Google deal reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2112835999","media":"Reuters","summary":"SYDNEY, Feb 17 (Reuters) - Australia on Wednesday said promised laws forcing tech giants to pay medi","content":"<p>SYDNEY, Feb 17 (Reuters) - Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and broadcaster Nine Entertainment Co Holdings Ltd agreed on a licensing deal with Google.</p>\n<p>The Alphabet Inc owned company agreed to pay Nine more than A$30 million ($23.25 million) a year for its content, two of Nine’s newspapers reported, citing unidentified industry sources. The deal would be formally signed in the next two weeks, the newspapers said.</p>\n<p>A Nine spokeswoman declined to comment to Reuters. A Google spokesman also declined to comment.</p>\n<p>Nine would be the second major Australian media company to reach an agreement with Google just as the country’s parliament prepares to pass laws giving the government power to set Google’s content fees.</p>\n<p>On Monday, Nine rival Seven West Media Ltd said it had reached a deal that local media reported would also involve the U.S. company paying it A$30 million a year.</p>\n<p>“None of these deals would be happening if we didn’t have the legislation before the Parliament,” Australian treasurer Josh Frydenberg told reporters.</p>\n<p>“This legislation, this world-leading mandatory code, is bringing the parties to the table. We have held the line and held it strongly.”</p>\n<p>The Australian federal government has said it still plans to put the laws - which effectively force Google and social media giant Facebook Inc to strike deals with media companies or have fees set for them - to a vote in the coming weeks.</p>\n<p>Last year, seven smaller media companies, specialist websites and a regional newspaper, signed deals to have their content appear on Google’s News Showcase platform, but the country’s main metro outlets failed to reach agreements.</p>\n<p>Several large domestic media players, including the local arm of Rupert Murdoch’s News Corp - which owns two-thirds of Australian newspapers - have yet to announce Google deals. A News Corp spokesman was not immediately available for comment on Wednesday.</p>\n<p>Media outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.</p>\n<p>In January, the Reuters news agency, a division of Thomson Reuters Corp, struck a deal with Google to be the first global news provider for Google’s News Showcase.</p>\n<p>($1 = 1.2903 Australian dollars)</p>\n<p></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>Australia says content laws already working after Nine-Google deal reports</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\">\nAustralia says content laws already working after Nine-Google deal reports\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\">2021-02-17 10:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SYDNEY, Feb 17 (Reuters) - Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and broadcaster Nine Entertainment Co Holdings Ltd agreed on a licensing deal with Google.</p>\n<p>The Alphabet Inc owned company agreed to pay Nine more than A$30 million ($23.25 million) a year for its content, two of Nine’s newspapers reported, citing unidentified industry sources. The deal would be formally signed in the next two weeks, the newspapers said.</p>\n<p>A Nine spokeswoman declined to comment to Reuters. A Google spokesman also declined to comment.</p>\n<p>Nine would be the second major Australian media company to reach an agreement with Google just as the country’s parliament prepares to pass laws giving the government power to set Google’s content fees.</p>\n<p>On Monday, Nine rival Seven West Media Ltd said it had reached a deal that local media reported would also involve the U.S. company paying it A$30 million a year.</p>\n<p>“None of these deals would be happening if we didn’t have the legislation before the Parliament,” Australian treasurer Josh Frydenberg told reporters.</p>\n<p>“This legislation, this world-leading mandatory code, is bringing the parties to the table. We have held the line and held it strongly.”</p>\n<p>The Australian federal government has said it still plans to put the laws - which effectively force Google and social media giant Facebook Inc to strike deals with media companies or have fees set for them - to a vote in the coming weeks.</p>\n<p>Last year, seven smaller media companies, specialist websites and a regional newspaper, signed deals to have their content appear on Google’s News Showcase platform, but the country’s main metro outlets failed to reach agreements.</p>\n<p>Several large domestic media players, including the local arm of Rupert Murdoch’s News Corp - which owns two-thirds of Australian newspapers - have yet to announce Google deals. A News Corp spokesman was not immediately available for comment on Wednesday.</p>\n<p>Media outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.</p>\n<p>In January, the Reuters news agency, a division of Thomson Reuters Corp, struck a deal with Google to be the first global news provider for Google’s News Showcase.</p>\n<p>($1 = 1.2903 Australian dollars)</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NWS":"新闻集团","NWSA":"新闻集团","GOOG":"谷歌","NWSAL":"News Corp","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2112835999","content_text":"SYDNEY, Feb 17 (Reuters) - Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and broadcaster Nine Entertainment Co Holdings Ltd agreed on a licensing deal with Google.\nThe Alphabet Inc owned company agreed to pay Nine more than A$30 million ($23.25 million) a year for its content, two of Nine’s newspapers reported, citing unidentified industry sources. The deal would be formally signed in the next two weeks, the newspapers said.\nA Nine spokeswoman declined to comment to Reuters. A Google spokesman also declined to comment.\nNine would be the second major Australian media company to reach an agreement with Google just as the country’s parliament prepares to pass laws giving the government power to set Google’s content fees.\nOn Monday, Nine rival Seven West Media Ltd said it had reached a deal that local media reported would also involve the U.S. company paying it A$30 million a year.\n“None of these deals would be happening if we didn’t have the legislation before the Parliament,” Australian treasurer Josh Frydenberg told reporters.\n“This legislation, this world-leading mandatory code, is bringing the parties to the table. We have held the line and held it strongly.”\nThe Australian federal government has said it still plans to put the laws - which effectively force Google and social media giant Facebook Inc to strike deals with media companies or have fees set for them - to a vote in the coming weeks.\nLast year, seven smaller media companies, specialist websites and a regional newspaper, signed deals to have their content appear on Google’s News Showcase platform, but the country’s main metro outlets failed to reach agreements.\nSeveral large domestic media players, including the local arm of Rupert Murdoch’s News Corp - which owns two-thirds of Australian newspapers - have yet to announce Google deals. A News Corp spokesman was not immediately available for comment on Wednesday.\nMedia outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.\nIn January, the Reuters news agency, a division of Thomson Reuters Corp, struck a deal with Google to be the first global news provider for Google’s News Showcase.\n($1 = 1.2903 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":362195967,"gmtCreate":1614604990059,"gmtModify":1704772946415,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362195967","repostId":"1178645947","repostType":4,"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385620899,"gmtCreate":1613545331811,"gmtModify":1704881840251,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/385620899","repostId":"2112835999","repostType":4,"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366043825,"gmtCreate":1614368123667,"gmtModify":1704771302043,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"To the moon!&nbsp;","listText":"To the moon!&nbsp;","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366043825","repostId":"1146313632","repostType":4,"repost":{"id":"1146313632","pubTimestamp":1614334339,"share":"https://ttm.financial/m/news/1146313632?lang=&edition=fundamental","pubTime":"2021-02-26 18:12","market":"us","language":"en","title":"Gamestop And High Volatility Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1146313632","media":"Options AI: Learn","summary":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from ","content":"<p><b>Gamestop Corp.</b>&nbsp;shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.</p><hr><p><b>Gamestop: The Expected Move</b></p><p>First, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):</p><p><img src=\"https://static.tigerbbs.com/e35872724d8db887fa09d822d622ac8c\" tg-width=\"568\" tg-height=\"817\" referrerpolicy=\"no-referrer\"></p><p>Gamestop: Call Spreads vs Outright Calls</p><p>Using March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.</p><p>Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.</p><p>With Gamestop near $105, the&nbsp;<b>March 19th 110/190 Debit Call Spread</b>&nbsp;is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.</p><p>As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:</p><p><img src=\"https://static.tigerbbs.com/b044a22bfbe5a8326f9aa3ebf56ed4fd\" tg-width=\"570\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>And next, the 145/200 debit call spread:</p><p><img src=\"https://static.tigerbbs.com/6cdf8545f07da48f770ef81cb4e5ac53\" tg-width=\"569\" tg-height=\"792\" referrerpolicy=\"no-referrer\"></p><p>As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)</p><p>A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).</p><p>Directional Butterflies vs Outright Puts</p><p>High volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.</p><p>One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).</p><p>So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.</p><p>Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:</p><p><img src=\"https://static.tigerbbs.com/f7cb8f9b0570e854f662f3031e50ca91\" tg-width=\"573\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.</p>","source":"lsy1614334070724","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>Gamestop And High Volatility Options</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\">\nGamestop And High Volatility Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 18:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://learn.optionsai.com/gamestop-and-high-volatility-options/><strong>Options AI: Learn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique ...</p>\n\n<a href=\"https://learn.optionsai.com/gamestop-and-high-volatility-options/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://learn.optionsai.com/gamestop-and-high-volatility-options/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146313632","content_text":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.Gamestop: The Expected MoveFirst, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):Gamestop: Call Spreads vs Outright CallsUsing March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.With Gamestop near $105, the March 19th 110/190 Debit Call Spread is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:And next, the 145/200 debit call spread:As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).Directional Butterflies vs Outright PutsHigh volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368989970,"gmtCreate":1614272582690,"gmtModify":1704770062048,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368989970","repostId":"1165777611","repostType":4,"repost":{"id":"1165777611","pubTimestamp":1614247990,"share":"https://ttm.financial/m/news/1165777611?lang=&edition=fundamental","pubTime":"2021-02-25 18:13","market":"us","language":"en","title":"Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165777611","media":"Barrons","summary":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyana","content":"<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p>\n<p>Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p>\n<p>Apple has so far declined to comment about any car plans recently.</p>\n<p>Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p>\n<p>He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p>\n<p>For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p>\n<p>One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p>\n<p>Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p>\n<p>Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p>\n<p>He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p>\n<p>That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p>\n<p>J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p>\n<p>The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p>\n<p>Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p>\n<p>Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p>\n<p>QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p>\n<p>Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p>\n<p>Investors, it appears, have other more pressing issues on their minds.</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>Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 18:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA\">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://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165777611","content_text":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.\nPiper tech analystHarsh Kumarsays the timing is right for an Apple (ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.\nApple has so far declined to comment about any car plans recently.\nKumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.\nHe assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.\nFor tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.\nOne factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.\nWard says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.\nMorgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.\nHe believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.\nThat threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.\nJ.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.\nThe firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.\nAnother thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.\nWedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”\nQuantumScape (QS) is pioneering solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.\nApple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.\nInvestors, it appears, have other more pressing issues on their minds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368980686,"gmtCreate":1614272517145,"gmtModify":1704770061241,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368980686","repostId":"2114317810","repostType":4,"repost":{"id":"2114317810","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":1614249351,"share":"https://ttm.financial/m/news/2114317810?lang=&edition=fundamental","pubTime":"2021-02-25 18:35","market":"hk","language":"en","title":"China's Xiaomi adds manufacturing muscle in India to boost phone production","url":"https://stock-news.laohu8.com/highlight/detail?id=2114317810","media":"Reuters","summary":"BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make i","content":"<p>BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest smartphone brands.</p>\n<p>China's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.</p>\n<p>Xiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the lowest in the world.</p>\n<p>\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.</p>\n<p>The company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.</p>\n<p>Its latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.</p>\n<p>Xiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.</p>\n<p>The company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.</p>\n<p>Xiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.</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>China's Xiaomi adds manufacturing muscle in India to boost phone production</title>\n<style 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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\">\nChina's Xiaomi adds manufacturing muscle in India to boost phone production\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\">2021-02-25 18:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest smartphone brands.</p>\n<p>China's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.</p>\n<p>Xiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the lowest in the world.</p>\n<p>\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.</p>\n<p>The company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.</p>\n<p>Its latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.</p>\n<p>Xiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.</p>\n<p>The company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.</p>\n<p>Xiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W","00285":"比亚迪电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2114317810","content_text":"BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already one of the biggest smartphone brands.\nChina's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.\nXiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are one of the lowest in the world.\n\"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India,\" the company said.\nThe company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.\nIts latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.\nXiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.\nThe company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.\nXiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385629818,"gmtCreate":1613545562834,"gmtModify":1704881841709,"author":{"id":"3575264690171965","authorId":"3575264690171965","name":"decayer888","avatar":"https://static.tigerbbs.com/828dc7d367ee9ed3b820e81d666f985e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575264690171965","idStr":"3575264690171965"},"themes":[],"htmlText":"This is not good","listText":"This is not good","text":"This is not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385629818","repostId":"1120526689","repostType":4,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}