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EdwardSeng

EdwardSeng

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2021-04-29

The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!

Tesla: The Good, The Bad, And The Ugly

2021-04-23

Quality and Capability are much more important for the right position other than warming up those seat.

Singapore Names Wong as New Finance Minister in Cabinet Shake-Up

2021-04-02

China is moving very super fast on technology. Good to start invest on China. I love China, A leading towards the world.

Li Auto Inc. March 2021 Delivery Update

2021-08-05

So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid term trading hit and run strategy.

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2021-04-26

Avoiding Taxes, profitable companies might investing into bitcoin Crypto.

Sorry, the original content has been removed

2021-04-22

Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!

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2021-04-09

Time for rotations play, Take profit on Singapore and vest onto S&P

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2021-04-09

Time will tell.

Tesla: Why Its Deliveries Beat Means Nothing

2021-03-22

Soon it may come out with “ Personal Electric Flying vehicle “.

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2021-04-02

Tesla need new model with design for enhancing market share. I believe it’s not difficult on doing so for winning more car buyers.

Tesla Q1 2021 Vehicle Production & Deliveries

2021-05-21

It restricted Hongkongees for getting rich. lol [Miser]

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2021-04-23

Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to the nation. No offencing, please !!

Biden to float historic tax increase on investment gains for the rich

2021-04-21

Drop which is your opportunity, Up which is your fortune. Lol

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2021-04-19

GameStop should change name as Non-Stop. Lol.

GameStop jumped 8% in Monday morning trading

2021-04-08

Crush provides opportunity too, Buy at dip.

NIO and Other Chinese EV Stocks Are Getting Crushed. Tesla’s Not Doing So Hot Either.

2021-04-13

Think and reality are so much different. Who ever also can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.

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2021-04-11

Radar detected, Buy.... let it break the all Time high 12.30 and fly high. Vested !!

2021-04-09

Under my radar detected.

Go to Tiger App to see more news

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Trader might invest slowly for long term benefit aswell play on mid&nbsp;term trading hit and run strategy.","listText":"So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid&nbsp;term trading hit and run strategy.","text":"So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid term trading hit and run strategy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899888166","repostId":"1175346944","repostType":4,"repost":{"id":"1175346944","kind":"news","pubTimestamp":1628172732,"share":"https://ttm.financial/m/news/1175346944?lang=&edition=fundamental","pubTime":"2021-08-05 22:12","market":"us","language":"en","title":"Tesla's Short-Term Advantages Aren't Enough","url":"https://stock-news.laohu8.com/highlight/detail?id=1175346944","media":"seekingalpha","summary":"Contrary to common belief, Tesla has one main advantage over any competition emerging in the electric vehicle market, set to bolster its near-term prospects.Even so, current lofty valuation leaves little room for upside investment potential.I remain slightly bearish on the company's prospects.Tesla , the undoubted leader in the electric vehicle market, has had the share price run of a lifetime, rising nearly 1,500% over the past 24 months as markets rallied for the post-pandemic surge and the co","content":"<p><b>Summary</b></p>\n<ul>\n <li>Contrary to common belief, Tesla has one main advantage over any competition emerging in the electric vehicle market, set to bolster its near-term prospects.</li>\n <li>Even so, current lofty valuation leaves little room for upside investment potential.</li>\n <li>I remain slightly bearish on the company's prospects.</li>\n</ul>\n<p>Tesla (TSLA), the undoubted leader in the electric vehicle market, has had the share price run of a lifetime, rising nearly 1,500% over the past 24 months as markets rallied for the post-pandemic surge and the company continued reporting solid sales and income growth.</p>\n<p>I've argued in the past that, although the company has several strong long-term growth avenues to pursue, their long-term prospects are dimmed compared to what analysts have projected, given the amount of competition emerging in the EV industry over the course of the next few years.</p>\n<p>But that's a whole other thing than the company's near-term prospects, which I believe are grand relative to some of the established players shifting over to electric vehicle production, as I've highlighted inmy recent articleon Ford (F). These advantages mean that the company will remain superior in the near term when it comes to profitability and diversity within the EV industry and can best utilize the rapid growth rate the entire industry is expecting.</p>\n<p>The Long-Term Headwinds Haven't Changed</p>\n<p>As I've been highlighting for several months now,Tesla's long-term prospects have dimmedsince other automobile companies like Ford and General Motors (GM) in the United States, NIO (NIO) and others in the Asia-Pacific region and other European and South Korean automobile manufacturers moved up their electrification process timelines. The main reason for this is that these companies have very solid brand recognition, and individuals who have owned these models for years or decades have the option to opt for an electric version of those; they choose those over trying out a new untested model a majority of the time.</p>\n<p>With companies like Ford introducing the all-electric F-150 and others, it's unclear how Tesla can maintain this high growth rate beyond 2024 as these models are expected to hit the streets and begin capturing back market share away from Tesla and other current models. Other factors like Tesla opening up their charging station network to all EV models, as well as a massive capital injection into EV charging stations in the most recent infrastructure spending bill in the United States, will surely help Tesla's income when it charges for the use, but it also helps other companies overcome the main hurdle of widespread adoption - clearing a pathway for more and more EV models to emerge.</p>\n<p>The Short-Term Tailwinds Are Emerging</p>\n<p>Tesla has several near-term tailwinds which will keep way ahead of any competition for the next 12 to 24 months. These mostly all boil down to profitability but also focus on various business model advantages.</p>\n<p>1. A positive profit margin: While other companies are just now beginning to invest in transforming their manufacturing facilities from fossil fuel intake engines to electric vehicle production, Tesla has done this and way more efficiently. Since they've built these from scratch, they've mostly automated the process and thus enjoy a much higher profit margin. Other companies won't see a profit per vehicle for years to come.</p>\n<p>2. Surging battery manufacturing: Although other companies have a mixed position on whether to manufacture their own batteries or set up joint ventures with existing companies, Tesla has been churning out batteries for years and have, as similar with the vehicle manufacturing process, nearly fully automated the process to maximize profits per unit.</p>\n<p>3. International manufacturing: Other companies, thus far, have focused on restructuring and transforming current assembly plants in the United States and will likely take several more years before they do so for other international facilities, which means they will need to spend a fortune shipping these new vehicles around the world to the EMEA and the Asia-Pacific. Tesla, on the other hand, has manufacturing facilities in the United States and in China and is set to open their plant in Germany as well as being in final development stages of an India plant, which will allow them to access a much larger market.</p>\n<p>4. Charging stations advantage: Although the new infrastructure bill in the United States, as well as massive investments in countries like Japan and China, are certain to put in hundreds of thousands of new EV charging stations across the globe, this will take time. So far, only Tesla has a real robust charging network across the world. A recent development, which does have negative elements to it as mentioned earlier, has a positive near term one - they will be raking in net profits from allowing other electric vehicles to charge on their network. This means that they'll likely be profiting from each vehicle their competitors churn out, at least until the scaling up of non-Tesla charging stations takes place.</p>\n<p>5. \"Other Business\" growth rate: While other automobile companies are still spending hand over fist on their other models and products, Tesla enjoys being only in high-growth industries like SolarCity's solar panels and battery sales. As I'll expand on in the next segment, they also don't have near-term or long-term financial obligations from these \"other business\" segments as establishment automobile companies have.</p>\n<p>Balance Sheet Advantages</p>\n<p>Although some elements of their balance sheet advantage are set to help them in the long run as well, they're mostly advantages for the short term since once these other companies begin making a profit from their EV sales - a lot of this will be reversed.</p>\n<p>Tesla's main advantage, as mentioned earlier, is that they're actually raking in cash from each car they sell, allowing them to use that cash to continue and set up more manufacturing facilities and invest in battery technology, solar technology and production increases. This is contrary to other automobile companies which have high financial obligations to their other business segments like pensions and leases. This will further aid the company's overall profit margin, while they don't struggle with such obligations.</p>\n<p>These other companies will need to use profits and cash from their existing legacy business segments to pay for their losses on each vehicle they produce, hurting their overall valuation moving forward.</p>\n<p>Although Tesla has $6.9 billion inlong-term debt, a factor which kept many investors on the sidelines as debt racked up, they currently hold just under $16.3 billion in cash and equivalents, making their net debt position negative. They've been using the cash to pay down their debt as well,reducing their interest expense burdenfrom almost $800 million in 2020 to just over $500 million in 2021. Tesla paid back $15 billion in debt in 2021 for a net debt reduction of $6 billion. There's very little doubt that other automobile companies will be forced to take on more debt to finance increased production and in this raising rate environment, that can snowball.</p>\n<p>Tesla is set to seecash flowof around $10 billion annually whereas a company like Ford has been fluctuating between a net positive and negative cash flow status for the past few years, and that's not expected to change through 2025 as they continue to increase investments in the electrification of their vehicles.</p>\n<p>What About Current Valuation</p>\n<p>Analystscurrently expect the company to report EPS of $5.38 for 2021 and grow at a fast pace to reach EPS of $10.33 for 2024. As I mentioned in my earlier article, I believe that, given comparison with other major automobile companies, the company is fairly valued at around 75x forward earnings.</p>\n<p>I do, however, believe that some of the current competition expectations are overblown for the near term, as I've been mentioning throughout the entire article. Therefore, I do believe that Tesla will outperform current expectations at least through 2023. This means that a 75x forward earnings multiple is the ground base for appropriate valuation, I believe.</p>\n<p>This presents the following fair value, with the implied increase potential:</p>\n<p><img src=\"https://static.tigerbbs.com/052968e079d7fe8419e4790de451c9fd\" tg-width=\"620\" tg-height=\"201\" width=\"100%\" height=\"auto\">As you can see, this means that Tesla is almost 40% overvalued relative to earnings expectations, even if they overcome them by as much as 20%. However, given that these expectations are likely to be beaten, I don't believe that shorting the company is a good idea, but one thing that is worth looking out for is a general market correction.</p>\n<p>The Biggest Risk Of Owning Tesla</p>\n<p>The biggest risk with owning Tesla right now is that, in a general market correction, which can happen at any moment as the post-pandemic trade is winding down, companies with lofty expectations tend to fall the most as fair value is sought beyond what their potential is way down the line.</p>\n<p>I don't believe that shorting Tesla is the right approach, even though my disclosures down below and in previous article state that I am, given general market exposure. I am short simply because I don't believe that much upwards potential is there, whilst downward potential in a market correction is vast. So, given that I am mostly long, this short is a general portfolio hedge while I reduce positions in case of a correction.</p>\n<p>In Conclusion</p>\n<p>Tesla has several positive catalysts which should keep them on top of the EV industry growth roster for the next 24 to 36 months, while other companies struggle to make even a single penny on their new vehicles. These are set, I believe, to allow them to beat earnings expectations for that time period.</p>\n<p>Even so, their long-term competitive pressures remain high and as I stated in my previous article - their long-term growth prospects will continue to dim as time moves on.</p>\n<p>Even with these positive near-term advantages, I still believe that the company is overvalued by as much as 40%, and although I do not favor shorting the company for this overvaluation, I remain slightly bearish on their long-term prospects and neutral to slightly bullish on their near-term one.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Short-Term Advantages Aren't Enough</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\">\nTesla's Short-Term Advantages Aren't Enough\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4445360-tesla-short-term-advantages-are-not-enough><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nContrary to common belief, Tesla has one main advantage over any competition emerging in the electric vehicle market, set to bolster its near-term prospects.\nEven so, current lofty valuation ...</p>\n\n<a href=\"https://seekingalpha.com/article/4445360-tesla-short-term-advantages-are-not-enough\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4445360-tesla-short-term-advantages-are-not-enough","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1175346944","content_text":"Summary\n\nContrary to common belief, Tesla has one main advantage over any competition emerging in the electric vehicle market, set to bolster its near-term prospects.\nEven so, current lofty valuation leaves little room for upside investment potential.\nI remain slightly bearish on the company's prospects.\n\nTesla (TSLA), the undoubted leader in the electric vehicle market, has had the share price run of a lifetime, rising nearly 1,500% over the past 24 months as markets rallied for the post-pandemic surge and the company continued reporting solid sales and income growth.\nI've argued in the past that, although the company has several strong long-term growth avenues to pursue, their long-term prospects are dimmed compared to what analysts have projected, given the amount of competition emerging in the EV industry over the course of the next few years.\nBut that's a whole other thing than the company's near-term prospects, which I believe are grand relative to some of the established players shifting over to electric vehicle production, as I've highlighted inmy recent articleon Ford (F). These advantages mean that the company will remain superior in the near term when it comes to profitability and diversity within the EV industry and can best utilize the rapid growth rate the entire industry is expecting.\nThe Long-Term Headwinds Haven't Changed\nAs I've been highlighting for several months now,Tesla's long-term prospects have dimmedsince other automobile companies like Ford and General Motors (GM) in the United States, NIO (NIO) and others in the Asia-Pacific region and other European and South Korean automobile manufacturers moved up their electrification process timelines. The main reason for this is that these companies have very solid brand recognition, and individuals who have owned these models for years or decades have the option to opt for an electric version of those; they choose those over trying out a new untested model a majority of the time.\nWith companies like Ford introducing the all-electric F-150 and others, it's unclear how Tesla can maintain this high growth rate beyond 2024 as these models are expected to hit the streets and begin capturing back market share away from Tesla and other current models. Other factors like Tesla opening up their charging station network to all EV models, as well as a massive capital injection into EV charging stations in the most recent infrastructure spending bill in the United States, will surely help Tesla's income when it charges for the use, but it also helps other companies overcome the main hurdle of widespread adoption - clearing a pathway for more and more EV models to emerge.\nThe Short-Term Tailwinds Are Emerging\nTesla has several near-term tailwinds which will keep way ahead of any competition for the next 12 to 24 months. These mostly all boil down to profitability but also focus on various business model advantages.\n1. A positive profit margin: While other companies are just now beginning to invest in transforming their manufacturing facilities from fossil fuel intake engines to electric vehicle production, Tesla has done this and way more efficiently. Since they've built these from scratch, they've mostly automated the process and thus enjoy a much higher profit margin. Other companies won't see a profit per vehicle for years to come.\n2. Surging battery manufacturing: Although other companies have a mixed position on whether to manufacture their own batteries or set up joint ventures with existing companies, Tesla has been churning out batteries for years and have, as similar with the vehicle manufacturing process, nearly fully automated the process to maximize profits per unit.\n3. International manufacturing: Other companies, thus far, have focused on restructuring and transforming current assembly plants in the United States and will likely take several more years before they do so for other international facilities, which means they will need to spend a fortune shipping these new vehicles around the world to the EMEA and the Asia-Pacific. Tesla, on the other hand, has manufacturing facilities in the United States and in China and is set to open their plant in Germany as well as being in final development stages of an India plant, which will allow them to access a much larger market.\n4. Charging stations advantage: Although the new infrastructure bill in the United States, as well as massive investments in countries like Japan and China, are certain to put in hundreds of thousands of new EV charging stations across the globe, this will take time. So far, only Tesla has a real robust charging network across the world. A recent development, which does have negative elements to it as mentioned earlier, has a positive near term one - they will be raking in net profits from allowing other electric vehicles to charge on their network. This means that they'll likely be profiting from each vehicle their competitors churn out, at least until the scaling up of non-Tesla charging stations takes place.\n5. \"Other Business\" growth rate: While other automobile companies are still spending hand over fist on their other models and products, Tesla enjoys being only in high-growth industries like SolarCity's solar panels and battery sales. As I'll expand on in the next segment, they also don't have near-term or long-term financial obligations from these \"other business\" segments as establishment automobile companies have.\nBalance Sheet Advantages\nAlthough some elements of their balance sheet advantage are set to help them in the long run as well, they're mostly advantages for the short term since once these other companies begin making a profit from their EV sales - a lot of this will be reversed.\nTesla's main advantage, as mentioned earlier, is that they're actually raking in cash from each car they sell, allowing them to use that cash to continue and set up more manufacturing facilities and invest in battery technology, solar technology and production increases. This is contrary to other automobile companies which have high financial obligations to their other business segments like pensions and leases. This will further aid the company's overall profit margin, while they don't struggle with such obligations.\nThese other companies will need to use profits and cash from their existing legacy business segments to pay for their losses on each vehicle they produce, hurting their overall valuation moving forward.\nAlthough Tesla has $6.9 billion inlong-term debt, a factor which kept many investors on the sidelines as debt racked up, they currently hold just under $16.3 billion in cash and equivalents, making their net debt position negative. They've been using the cash to pay down their debt as well,reducing their interest expense burdenfrom almost $800 million in 2020 to just over $500 million in 2021. Tesla paid back $15 billion in debt in 2021 for a net debt reduction of $6 billion. There's very little doubt that other automobile companies will be forced to take on more debt to finance increased production and in this raising rate environment, that can snowball.\nTesla is set to seecash flowof around $10 billion annually whereas a company like Ford has been fluctuating between a net positive and negative cash flow status for the past few years, and that's not expected to change through 2025 as they continue to increase investments in the electrification of their vehicles.\nWhat About Current Valuation\nAnalystscurrently expect the company to report EPS of $5.38 for 2021 and grow at a fast pace to reach EPS of $10.33 for 2024. As I mentioned in my earlier article, I believe that, given comparison with other major automobile companies, the company is fairly valued at around 75x forward earnings.\nI do, however, believe that some of the current competition expectations are overblown for the near term, as I've been mentioning throughout the entire article. Therefore, I do believe that Tesla will outperform current expectations at least through 2023. This means that a 75x forward earnings multiple is the ground base for appropriate valuation, I believe.\nThis presents the following fair value, with the implied increase potential:\nAs you can see, this means that Tesla is almost 40% overvalued relative to earnings expectations, even if they overcome them by as much as 20%. However, given that these expectations are likely to be beaten, I don't believe that shorting the company is a good idea, but one thing that is worth looking out for is a general market correction.\nThe Biggest Risk Of Owning Tesla\nThe biggest risk with owning Tesla right now is that, in a general market correction, which can happen at any moment as the post-pandemic trade is winding down, companies with lofty expectations tend to fall the most as fair value is sought beyond what their potential is way down the line.\nI don't believe that shorting Tesla is the right approach, even though my disclosures down below and in previous article state that I am, given general market exposure. I am short simply because I don't believe that much upwards potential is there, whilst downward potential in a market correction is vast. So, given that I am mostly long, this short is a general portfolio hedge while I reduce positions in case of a correction.\nIn Conclusion\nTesla has several positive catalysts which should keep them on top of the EV industry growth roster for the next 24 to 36 months, while other companies struggle to make even a single penny on their new vehicles. These are set, I believe, to allow them to beat earnings expectations for that time period.\nEven so, their long-term competitive pressures remain high and as I stated in my previous article - their long-term growth prospects will continue to dim as time moves on.\nEven with these positive near-term advantages, I still believe that the company is overvalued by as much as 40%, and although I do not favor shorting the company for this overvaluation, I remain slightly bearish on their long-term prospects and neutral to slightly bullish on their near-term one.","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139382727,"gmtCreate":1621592651469,"gmtModify":1704360206949,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"It restricted Hongkongees for getting rich. lol [Miser]&nbsp;","listText":"It restricted Hongkongees for getting rich. lol [Miser]&nbsp;","text":"It restricted Hongkongees for getting rich. lol [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139382727","repostId":"2137903089","repostType":4,"repost":{"id":"2137903089","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621586627,"share":"https://ttm.financial/m/news/2137903089?lang=&edition=fundamental","pubTime":"2021-05-21 16:43","market":"fut","language":"en","title":"Hong Kong to restrict crypto exchanges to professional investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2137903089","media":"Reuters","summary":"HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenc","content":"<p>HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.</p><p>Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.</p><p>Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.</p><p>Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.</p><p>Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.</p><p>Hong Kong's Financial Services and the Treasury Bureau <a href=\"https://laohu8.com/S/FSTB\">$(FSTB)$</a> has been consulting the market on changes to those rules since last year.</p><p>The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.</p><p>It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"</p><p>Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.</p><p>According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.</p><p>Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.</p><p>Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.</p><p>The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.</p><p>($1 = 7.7637 Hong Kong dollars)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong to restrict crypto exchanges to professional investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong to restrict crypto exchanges to professional investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-21 16:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.</p><p>Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.</p><p>Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.</p><p>Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.</p><p>Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.</p><p>Hong Kong's Financial Services and the Treasury Bureau <a href=\"https://laohu8.com/S/FSTB\">$(FSTB)$</a> has been consulting the market on changes to those rules since last year.</p><p>The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.</p><p>It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"</p><p>Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.</p><p>According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.</p><p>Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.</p><p>Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.</p><p>The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.</p><p>($1 = 7.7637 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCCI":"红筹指数","GBTC":"Grayscale Bitcoin Trust","HSI":"恒生指数","HSTECH":"恒生科技指数","HSCEI":"国企指数","01611":"新火科技控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137903089","content_text":"HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.Hong Kong's Financial Services and the Treasury Bureau $(FSTB)$ has been consulting the market on changes to those rules since last year.The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.($1 = 7.7637 Hong Kong dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109985423,"gmtCreate":1619659290762,"gmtModify":1704727524350,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","listText":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","text":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109985423","repostId":"1155904518","repostType":2,"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374859868,"gmtCreate":1619440018154,"gmtModify":1704723863289,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","listText":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","text":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374859868","repostId":"1168057784","repostType":4,"repost":{"id":"1168057784","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619439203,"share":"https://ttm.financial/m/news/1168057784?lang=&edition=fundamental","pubTime":"2021-04-26 20:13","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1168057784","media":"Tiger Newspress","summary":"U.S. stock futures traded mixed in early pre-market trade after the Dow Jones climbed more than 200 ","content":"<p>U.S. stock futures traded mixed in early pre-market trade after the Dow Jones climbed more than 200 points in the previous session.</p><p>Futures for the Dow Jones Industrial Average gained 48 points to 33,989.00 while the Standard &amp; Poor’s 500 index futures fell 0.75 points at 4,170.75. Futures for the Nasdaq 100 index fell 31 points to 13,896.00.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/647a449c24289f66f77437a358bc76be\" tg-width=\"1242\" tg-height=\"398\"><span>*Source From Tiger Trade, EST 08:13</span></p><p>A third of S&amp;P 500 companies are set to report quarterly results in the final week of April, including Apple, Microsoft, Amazon, Facebook and Google-parent Alphabet. Last week, the Dow Jones Industrial Average, S&amp;P 500 and Nasdaq broke multiweek winning streaks with modest losses despite Friday's rally.</p><p><b><i>Take a look at some of the biggest movers in the premarket:</i></b></p><p>Albertsons(ACI) – The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The stock was down 1.5% in premarket trading.</p><p>Otis Worldwide(OTIS) – The maker of elevators and escalators beat estimates by 9 cents a share, with quarterly earnings of 72 cents per share. Revenue came in above forecasts as well. Otis also raised its full-year forecast as organic sales continue to improve. Its stock jumped 5.2% in the premarket.</p><p>Johnson &amp; Johnson(JNJ) – States began administering Johnson &amp; Johnson's Covid-19 vaccine over the weekend after federal regulatorsrecommended that a pause be lifted. Separately, J&amp;J is reviving plans to sell its Mentor Worldwide breast implant unit, according to a Bloomberg report. Those plans were put on hold last year due to the pandemic.</p><p>Apple(AAPL) – Appleannounced plans to invest $430 billionto expand its U.S. footprint and create 20,000 new jobs across the country over the next five years. It will invest in a variety of areas including semiconductors and 5G technology.</p><p>Check Point Software(CHKP) – Check Point reported quarterly earnings of $1.54 per share, 4 cents a share above estimates. Revenue topped Wall Street forecasts amid elevated demand for its cybersecurity solutions as many employees continued to work from home.</p><p>Flagstar Bancorp(FBC) –New York Community Bancorp(NYCB) will acquire its fellow regional bank in an all-stock deal valued at about $2.6 billion. Michigan-based Flagstar saw its stock surge 3.6% in the premarket.</p><p>Pearson(PSO) – Pearson reported better-than-expected profit for its latest quarter, with the online education company seeing improved sales of digital course materials and eBooks. The stock jumped 3.1% in premarket action.</p><p>Philips(PHG) – Philips lifted its full-year forecast after the Dutch health equipment maker reported better-than-expected profit and revenue for its latest quarter. Philips also said it expected growth in its Connected Care unit to slow this year, and put aside 250 million euros for possible risks related to its respiratory care devices. Its stock slid 3.7% in premarket trading.</p><p>Kansas City Southern(KSU) – Kansas City Southern said it would open talks withCanadian National Railway(CNI), even though the rail operator said it remained bound by the terms of a takeover agreementCanadian Pacific Railway(CP). The Canadian National deal is worth $325 per share in cash and stock, compared to $275 for the Canadian Pacific offer.</p><p>Sinclair Broadcast(SBGI) – Sinclair is evaluating proposals for reworking the debt of its regional sports network unit, according to a Bloomberg report. The TV station operator is also said to be in talks with two sports betting companies for marketing partnerships, similar to the deal it struck last year withBally’s(BALY).</p><p>Coinbase(COIN) – Coinbase shares jumped 4.3% in premarket trading, with the cryptocurrency exchange’s shares moving in conjunction with a rebound in the price of bitcoin this morning.</p><p>Etsy(ETSY) – The online crafts marketplace was downgraded to “sector weight” from “overweight” at KeyBanc Capital Markets, even though KeyBanc praises Etsy’s long-term growth prospects. It said, however, that there is a lower near-term likelihood of positive earnings revisions. Etsy fell 1.7% in the premarket.</p><p>Discover Financial(DFS) – The financial services company’s stock rose 1.6% in premarket action after Bank of America Securities upgraded it to “buy” from “neutral.” The firm points to strong fundamentals which it thinks are being obscured in part by potentially higher operating expenses and uncertain prospects for loan growth.</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>Toplines Before US Market Open on Monday</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\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-26 20:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock futures traded mixed in early pre-market trade after the Dow Jones climbed more than 200 points in the previous session.</p><p>Futures for the Dow Jones Industrial Average gained 48 points to 33,989.00 while the Standard &amp; Poor’s 500 index futures fell 0.75 points at 4,170.75. Futures for the Nasdaq 100 index fell 31 points to 13,896.00.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/647a449c24289f66f77437a358bc76be\" tg-width=\"1242\" tg-height=\"398\"><span>*Source From Tiger Trade, EST 08:13</span></p><p>A third of S&amp;P 500 companies are set to report quarterly results in the final week of April, including Apple, Microsoft, Amazon, Facebook and Google-parent Alphabet. Last week, the Dow Jones Industrial Average, S&amp;P 500 and Nasdaq broke multiweek winning streaks with modest losses despite Friday's rally.</p><p><b><i>Take a look at some of the biggest movers in the premarket:</i></b></p><p>Albertsons(ACI) – The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The stock was down 1.5% in premarket trading.</p><p>Otis Worldwide(OTIS) – The maker of elevators and escalators beat estimates by 9 cents a share, with quarterly earnings of 72 cents per share. Revenue came in above forecasts as well. Otis also raised its full-year forecast as organic sales continue to improve. Its stock jumped 5.2% in the premarket.</p><p>Johnson &amp; Johnson(JNJ) – States began administering Johnson &amp; Johnson's Covid-19 vaccine over the weekend after federal regulatorsrecommended that a pause be lifted. Separately, J&amp;J is reviving plans to sell its Mentor Worldwide breast implant unit, according to a Bloomberg report. Those plans were put on hold last year due to the pandemic.</p><p>Apple(AAPL) – Appleannounced plans to invest $430 billionto expand its U.S. footprint and create 20,000 new jobs across the country over the next five years. It will invest in a variety of areas including semiconductors and 5G technology.</p><p>Check Point Software(CHKP) – Check Point reported quarterly earnings of $1.54 per share, 4 cents a share above estimates. Revenue topped Wall Street forecasts amid elevated demand for its cybersecurity solutions as many employees continued to work from home.</p><p>Flagstar Bancorp(FBC) –New York Community Bancorp(NYCB) will acquire its fellow regional bank in an all-stock deal valued at about $2.6 billion. Michigan-based Flagstar saw its stock surge 3.6% in the premarket.</p><p>Pearson(PSO) – Pearson reported better-than-expected profit for its latest quarter, with the online education company seeing improved sales of digital course materials and eBooks. The stock jumped 3.1% in premarket action.</p><p>Philips(PHG) – Philips lifted its full-year forecast after the Dutch health equipment maker reported better-than-expected profit and revenue for its latest quarter. Philips also said it expected growth in its Connected Care unit to slow this year, and put aside 250 million euros for possible risks related to its respiratory care devices. Its stock slid 3.7% in premarket trading.</p><p>Kansas City Southern(KSU) – Kansas City Southern said it would open talks withCanadian National Railway(CNI), even though the rail operator said it remained bound by the terms of a takeover agreementCanadian Pacific Railway(CP). The Canadian National deal is worth $325 per share in cash and stock, compared to $275 for the Canadian Pacific offer.</p><p>Sinclair Broadcast(SBGI) – Sinclair is evaluating proposals for reworking the debt of its regional sports network unit, according to a Bloomberg report. The TV station operator is also said to be in talks with two sports betting companies for marketing partnerships, similar to the deal it struck last year withBally’s(BALY).</p><p>Coinbase(COIN) – Coinbase shares jumped 4.3% in premarket trading, with the cryptocurrency exchange’s shares moving in conjunction with a rebound in the price of bitcoin this morning.</p><p>Etsy(ETSY) – The online crafts marketplace was downgraded to “sector weight” from “overweight” at KeyBanc Capital Markets, even though KeyBanc praises Etsy’s long-term growth prospects. It said, however, that there is a lower near-term likelihood of positive earnings revisions. Etsy fell 1.7% in the premarket.</p><p>Discover Financial(DFS) – The financial services company’s stock rose 1.6% in premarket action after Bank of America Securities upgraded it to “buy” from “neutral.” The firm points to strong fundamentals which it thinks are being obscured in part by potentially higher operating expenses and uncertain prospects for loan growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168057784","content_text":"U.S. stock futures traded mixed in early pre-market trade after the Dow Jones climbed more than 200 points in the previous session.Futures for the Dow Jones Industrial Average gained 48 points to 33,989.00 while the Standard & Poor’s 500 index futures fell 0.75 points at 4,170.75. Futures for the Nasdaq 100 index fell 31 points to 13,896.00.*Source From Tiger Trade, EST 08:13A third of S&P 500 companies are set to report quarterly results in the final week of April, including Apple, Microsoft, Amazon, Facebook and Google-parent Alphabet. Last week, the Dow Jones Industrial Average, S&P 500 and Nasdaq broke multiweek winning streaks with modest losses despite Friday's rally.Take a look at some of the biggest movers in the premarket:Albertsons(ACI) – The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The stock was down 1.5% in premarket trading.Otis Worldwide(OTIS) – The maker of elevators and escalators beat estimates by 9 cents a share, with quarterly earnings of 72 cents per share. Revenue came in above forecasts as well. Otis also raised its full-year forecast as organic sales continue to improve. Its stock jumped 5.2% in the premarket.Johnson & Johnson(JNJ) – States began administering Johnson & Johnson's Covid-19 vaccine over the weekend after federal regulatorsrecommended that a pause be lifted. Separately, J&J is reviving plans to sell its Mentor Worldwide breast implant unit, according to a Bloomberg report. Those plans were put on hold last year due to the pandemic.Apple(AAPL) – Appleannounced plans to invest $430 billionto expand its U.S. footprint and create 20,000 new jobs across the country over the next five years. It will invest in a variety of areas including semiconductors and 5G technology.Check Point Software(CHKP) – Check Point reported quarterly earnings of $1.54 per share, 4 cents a share above estimates. Revenue topped Wall Street forecasts amid elevated demand for its cybersecurity solutions as many employees continued to work from home.Flagstar Bancorp(FBC) –New York Community Bancorp(NYCB) will acquire its fellow regional bank in an all-stock deal valued at about $2.6 billion. Michigan-based Flagstar saw its stock surge 3.6% in the premarket.Pearson(PSO) – Pearson reported better-than-expected profit for its latest quarter, with the online education company seeing improved sales of digital course materials and eBooks. The stock jumped 3.1% in premarket action.Philips(PHG) – Philips lifted its full-year forecast after the Dutch health equipment maker reported better-than-expected profit and revenue for its latest quarter. Philips also said it expected growth in its Connected Care unit to slow this year, and put aside 250 million euros for possible risks related to its respiratory care devices. Its stock slid 3.7% in premarket trading.Kansas City Southern(KSU) – Kansas City Southern said it would open talks withCanadian National Railway(CNI), even though the rail operator said it remained bound by the terms of a takeover agreementCanadian Pacific Railway(CP). The Canadian National deal is worth $325 per share in cash and stock, compared to $275 for the Canadian Pacific offer.Sinclair Broadcast(SBGI) – Sinclair is evaluating proposals for reworking the debt of its regional sports network unit, according to a Bloomberg report. The TV station operator is also said to be in talks with two sports betting companies for marketing partnerships, similar to the deal it struck last year withBally’s(BALY).Coinbase(COIN) – Coinbase shares jumped 4.3% in premarket trading, with the cryptocurrency exchange’s shares moving in conjunction with a rebound in the price of bitcoin this morning.Etsy(ETSY) – The online crafts marketplace was downgraded to “sector weight” from “overweight” at KeyBanc Capital Markets, even though KeyBanc praises Etsy’s long-term growth prospects. It said, however, that there is a lower near-term likelihood of positive earnings revisions. Etsy fell 1.7% in the premarket.Discover Financial(DFS) – The financial services company’s stock rose 1.6% in premarket action after Bank of America Securities upgraded it to “buy” from “neutral.” The firm points to strong fundamentals which it thinks are being obscured in part by potentially higher operating expenses and uncertain prospects for loan growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372985766,"gmtCreate":1619168409055,"gmtModify":1704720693618,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Quality and Capability are much more important for the right position other than warming up those seat.","listText":"Quality and Capability are much more important for the right position other than warming up those seat.","text":"Quality and Capability are much more important for the right position other than warming up those seat.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372985766","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"content":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one.","text":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one.","html":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376712440,"gmtCreate":1619148510180,"gmtModify":1704720396844,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to&nbsp;the nation. No offencing, please !!","listText":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to&nbsp;the nation. No offencing, please !!","text":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to the nation. No offencing, please !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376712440","repostId":"1141178573","repostType":4,"repost":{"id":"1141178573","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619147275,"share":"https://ttm.financial/m/news/1141178573?lang=&edition=fundamental","pubTime":"2021-04-23 11:07","market":"us","language":"en","title":"Biden to float historic tax increase on investment gains for the rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1141178573","media":"Reuters","summary":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the l","content":"<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</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>Biden to float historic tax increase on investment gains for the rich</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\">\nBiden to float historic tax increase on investment gains for the rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-23 11:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141178573","content_text":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.Biden has promised not to raise taxes on households earning less than $400,000.Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom BrennerShe said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.CAPITAL GAINSBiden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax RateToday the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that\"Congress will settle on a more modest increase, potentially around 28%.\"As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.2. We expect Congress will pass a scaled back version of this tax increase.While it is possible that Congress might pass the proposal in its entirety,we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue.4. It is unclear when the higher rate would be effective, but we see three main options.First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376007604,"gmtCreate":1619066993908,"gmtModify":1704719135754,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","listText":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","text":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376007604","repostId":"1143508710","repostType":4,"repost":{"id":"1143508710","kind":"news","pubTimestamp":1619063972,"share":"https://ttm.financial/m/news/1143508710?lang=&edition=fundamental","pubTime":"2021-04-22 11:59","market":"us","language":"en","title":"Two Companies Will Reach $2 Trillion Next (Tesla Isn't One)","url":"https://stock-news.laohu8.com/highlight/detail?id=1143508710","media":"investors","summary":"S&P 500 companies' race to a $2 trillion market value is about to get more exciting — andlots of money is being made on the way.The race to $2 trillion got all the more real Wednesday. Shares of Microsoft leapt nearly 0.9% t0 260.58 a share. That's a new all-time high for the stock, taking out the previous high of 246.10 and topping even its value at the height of the 2000s dot-com boom. It also lifts the company's value to $1.97 trillion.Following a 17.2% rally this year, Microsoft is now the S","content":"<p>S&amp;P 500 companies' race to a $2 trillion market value is about to get more exciting — andlots of money is being made on the way.</p><p>Analysts are already calling for two S&amp;P 500 companies, technology giant<b>Microsoft</b>(MSFT) and consumer discretionary<b>Amazon.com</b>(AMZN), to be the next to reach a market value of $2 trillion or more, says an Investor's Business Daily analysis of data from S&amp;P Global Market Intelligence andMarketSmith.</p><p>The race to $2 trillion got all the more real Wednesday. Shares of Microsoft leapt nearly 0.9% t0 260.58 a share. That's a new all-time high for the stock, taking out the previous high of 246.10 and topping even its value at the height of the 2000s dot-com boom. It also lifts the company's value to $1.97 trillion.</p><p>Following a 17.2% rally this year, Microsoft is now the S&amp;P 500's second-most valuable member. Next up? Two trillion.</p><p>S&amp;P 500's Race To $2 Trillion</p><p>The fact two S&amp;P 500 companies are sprinting to a $2 trillion valuation speaks volumes of how technology is driving the market again. And the stakes are huge as the market value of mega technology firms determines the composition of the world'smost popular index: The S&amp;P 500.</p><p><b>Apple</b>(AAPL) reached the $2 trillion market value threshold first, less than a year ago, on Aug. 26, 2020, says S&amp;P Global data. That means it took about two years for Apple to hit $2 trillion in market value after reaching a $1 trillion value on Aug. 3, 2018. It took Apple roughly 40 years to reach a trillion in market value.</p><p>And now it's Microsoft's turn. Analysts think shares of the company behind Microsoft 365 productivity software like Word, and cloud computing, will worth 276.88 in 12 months. If they're right, that implies a market value of $2.09 trillion in a year's time or less. It's also an implied gain of 6.3% from here.</p><p>It's not just wild speculation, either. Analysts think Microsoft will earn $7.37 a share in fiscal 2021 ended in June. That's nearly 28% higher than in the same period in 2020. Do you knowwhat to look at before you buy Microsoft stock?</p><p>Amazon: Close On Microsoft's Heels To $2 Trillion</p><p>Hot on Microsoft's heels, though, on the way to $2 trillion is Amazon. It's only a matter of time for it, too, analysts say.</p><p>S&amp;P 500 analysts are calling for Amazon stock to surge more than 25% in the next 12 months to 4,036.72 a share. It closed Wednesday up 0.8% to 3,362.02. If analysts are right, that would put Amazon's value at $2.03 trillion in less than a year.</p><p>And that would be a welcomechange for Amazon investors. Shares have lagged so far this year, gaining 3% even as the S&amp;P 500 rose 11%. That's serious underperformance for a stock that's been a leader for so long. Even so, Amazon's stock is outperforming Apple's, which is still up just 0.6% this year so far.</p><p>Who's Next In S&amp;P 500 To $2 Trillion? Not Tesla</p><p>Analysts are stillmuch more cautiouson shares of electric-car maker<b>Tesla</b>(TSLA), despite strong shipment data. The stock, now trading at 744.12 a share, is expected to fall more than 10% until sinking to analysts' 12-month price target of 637.88. And at that price, Tesla would only be worth $612 billion. Tesla stock is up just 5.4% this year so far.</p><p>In fact, Tesla is expected to only be the seventh most valuable in the S&amp;P 500 in 12 months.<b>Alphabet</b>(GOOGL),<b>Facebook</b>(FB) and<b>Berkshire Hathaway</b>(BRKB) are all seen having higher market values than Tesla by then.</p><p>But the race to $2 trillion is likely to hold plenty of surprises.</p><p><b>S&amp;P 500 On Race To $2 Trillion</b></p><p><i>Market valuation now, and based on analysts' 12-month price targets</i></p><p><img src=\"https://static.tigerbbs.com/fa659feef02bd0dd9bf30739234a6f0c\" tg-width=\"818\" tg-height=\"654\" referrerpolicy=\"no-referrer\"></p><p></p>","source":"lsy1610449120050","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>Two Companies Will Reach $2 Trillion Next (Tesla Isn't One)</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\">\nTwo Companies Will Reach $2 Trillion Next (Tesla Isn't One)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/etfs-and-funds/sectors/sp500-two-companies-next-hit-2-trillion-tesla-isnt-one/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 companies' race to a $2 trillion market value is about to get more exciting — andlots of money is being made on the way.Analysts are already calling for two S&P 500 companies, technology ...</p>\n\n<a href=\"https://www.investors.com/etfs-and-funds/sectors/sp500-two-companies-next-hit-2-trillion-tesla-isnt-one/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软"},"source_url":"https://www.investors.com/etfs-and-funds/sectors/sp500-two-companies-next-hit-2-trillion-tesla-isnt-one/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143508710","content_text":"S&P 500 companies' race to a $2 trillion market value is about to get more exciting — andlots of money is being made on the way.Analysts are already calling for two S&P 500 companies, technology giantMicrosoft(MSFT) and consumer discretionaryAmazon.com(AMZN), to be the next to reach a market value of $2 trillion or more, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence andMarketSmith.The race to $2 trillion got all the more real Wednesday. Shares of Microsoft leapt nearly 0.9% t0 260.58 a share. That's a new all-time high for the stock, taking out the previous high of 246.10 and topping even its value at the height of the 2000s dot-com boom. It also lifts the company's value to $1.97 trillion.Following a 17.2% rally this year, Microsoft is now the S&P 500's second-most valuable member. Next up? Two trillion.S&P 500's Race To $2 TrillionThe fact two S&P 500 companies are sprinting to a $2 trillion valuation speaks volumes of how technology is driving the market again. And the stakes are huge as the market value of mega technology firms determines the composition of the world'smost popular index: The S&P 500.Apple(AAPL) reached the $2 trillion market value threshold first, less than a year ago, on Aug. 26, 2020, says S&P Global data. That means it took about two years for Apple to hit $2 trillion in market value after reaching a $1 trillion value on Aug. 3, 2018. It took Apple roughly 40 years to reach a trillion in market value.And now it's Microsoft's turn. Analysts think shares of the company behind Microsoft 365 productivity software like Word, and cloud computing, will worth 276.88 in 12 months. If they're right, that implies a market value of $2.09 trillion in a year's time or less. It's also an implied gain of 6.3% from here.It's not just wild speculation, either. Analysts think Microsoft will earn $7.37 a share in fiscal 2021 ended in June. That's nearly 28% higher than in the same period in 2020. Do you knowwhat to look at before you buy Microsoft stock?Amazon: Close On Microsoft's Heels To $2 TrillionHot on Microsoft's heels, though, on the way to $2 trillion is Amazon. It's only a matter of time for it, too, analysts say.S&P 500 analysts are calling for Amazon stock to surge more than 25% in the next 12 months to 4,036.72 a share. It closed Wednesday up 0.8% to 3,362.02. If analysts are right, that would put Amazon's value at $2.03 trillion in less than a year.And that would be a welcomechange for Amazon investors. Shares have lagged so far this year, gaining 3% even as the S&P 500 rose 11%. That's serious underperformance for a stock that's been a leader for so long. Even so, Amazon's stock is outperforming Apple's, which is still up just 0.6% this year so far.Who's Next In S&P 500 To $2 Trillion? Not TeslaAnalysts are stillmuch more cautiouson shares of electric-car makerTesla(TSLA), despite strong shipment data. The stock, now trading at 744.12 a share, is expected to fall more than 10% until sinking to analysts' 12-month price target of 637.88. And at that price, Tesla would only be worth $612 billion. Tesla stock is up just 5.4% this year so far.In fact, Tesla is expected to only be the seventh most valuable in the S&P 500 in 12 months.Alphabet(GOOGL),Facebook(FB) andBerkshire Hathaway(BRKB) are all seen having higher market values than Tesla by then.But the race to $2 trillion is likely to hold plenty of surprises.S&P 500 On Race To $2 TrillionMarket valuation now, and based on analysts' 12-month price targets","news_type":1},"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378854514,"gmtCreate":1619017593638,"gmtModify":1704718421610,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Drop which is your opportunity, Up which is your fortune. Lol","listText":"Drop which is your opportunity, Up which is your fortune. Lol","text":"Drop which is your opportunity, Up which is your fortune. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378854514","repostId":"1114709501","repostType":4,"repost":{"id":"1114709501","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619012348,"share":"https://ttm.financial/m/news/1114709501?lang=&edition=fundamental","pubTime":"2021-04-21 21:39","market":"us","language":"en","title":"Tesla stock dropped more than 2% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1114709501","media":"Tiger Newspress","summary":"Tesla stock dropped more than 2% in Wednesday morning trading.The launch of Tesla's super plant in B","content":"<p>Tesla stock&nbsp;dropped&nbsp;more&nbsp;than&nbsp;2%&nbsp;in&nbsp;Wednesday morning trading.The launch of Tesla's super plant in Berlin is likely to be significantly delayed,according to&nbsp;German business daily.</p><p><img src=\"https://static.tigerbbs.com/b525edb3c12a6ee6740baf665aa59a9e\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, Zhengzhou Zhengdong New District Municipal Supervision Bureau ordered Tesla to provide the complete driving data half an hour before the accident unconditionally; in addition, in the first quarter, the registration volume of model 3 in California dropped 54% to 8060 vehicles year on year.</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>Tesla stock dropped more than 2% in morning trading</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\">\nTesla stock dropped more than 2% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-21 21:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla stock&nbsp;dropped&nbsp;more&nbsp;than&nbsp;2%&nbsp;in&nbsp;Wednesday morning trading.The launch of Tesla's super plant in Berlin is likely to be significantly delayed,according to&nbsp;German business daily.</p><p><img src=\"https://static.tigerbbs.com/b525edb3c12a6ee6740baf665aa59a9e\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, Zhengzhou Zhengdong New District Municipal Supervision Bureau ordered Tesla to provide the complete driving data half an hour before the accident unconditionally; in addition, in the first quarter, the registration volume of model 3 in California dropped 54% to 8060 vehicles year on year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114709501","content_text":"Tesla stock dropped more than 2% in Wednesday morning trading.The launch of Tesla's super plant in Berlin is likely to be significantly delayed,according to German business daily.Previously, Zhengzhou Zhengdong New District Municipal Supervision Bureau ordered Tesla to provide the complete driving data half an hour before the accident unconditionally; in addition, in the first quarter, the registration volume of model 3 in California dropped 54% to 8060 vehicles year on year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373296204,"gmtCreate":1618846771308,"gmtModify":1704715869119,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"GameStop should change name as Non-Stop. &nbsp; &nbsp; Lol.","listText":"GameStop should change name as Non-Stop. &nbsp; &nbsp; Lol.","text":"GameStop should change name as Non-Stop. Lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373296204","repostId":"1195602008","repostType":4,"repost":{"id":"1195602008","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618839329,"share":"https://ttm.financial/m/news/1195602008?lang=&edition=fundamental","pubTime":"2021-04-19 21:35","market":"us","language":"en","title":"GameStop jumped 8% in Monday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1195602008","media":"Tiger Newspress","summary":"GameStop jumped 8% in Monday morning trading.GameStop CEO George Sherman will step down effective Ju","content":"<p>GameStop jumped 8% in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/5668d0fb5af0448cacc5bceba5068277\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>GameStop CEO George Sherman&nbsp;will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.</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>GameStop jumped 8% in Monday morning trading</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 jumped 8% in Monday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-19 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GameStop jumped 8% in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/5668d0fb5af0448cacc5bceba5068277\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>GameStop CEO George Sherman&nbsp;will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195602008","content_text":"GameStop jumped 8% in Monday morning trading.GameStop CEO George Sherman will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345181324,"gmtCreate":1618287629068,"gmtModify":1704708633042,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Think and reality are so much different. Who ever also&nbsp;can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","listText":"Think and reality are so much different. Who ever also&nbsp;can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","text":"Think and reality are so much different. Who ever also can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345181324","repostId":"1140705302","repostType":4,"repost":{"id":"1140705302","kind":"news","pubTimestamp":1618282895,"share":"https://ttm.financial/m/news/1140705302?lang=&edition=fundamental","pubTime":"2021-04-13 11:01","market":"us","language":"en","title":"Tesla Stock: Headed to $1,071?","url":"https://stock-news.laohu8.com/highlight/detail?id=1140705302","media":"Motley Fool","summary":"This analyst thinks shares could soar 53% over the next 12 months.Shares of Tesla  popped on Monday, rising nearly 4%. The gain followed an analyst's move to give the stock a significant price target increase. Canaccord Genuity analyst Jed Dorsheimer now thinks the electric-car maker's shares could rise to $1,071 within the next 12 months.After the growth stock hit an all-time high of just over $900 earlier this year, it slid sharply during part of February and the beginning of March. Has the pu","content":"<p>This analyst thinks shares could soar 53% over the next 12 months.</p><p>Shares of&nbsp;<b>Tesla</b>&nbsp;(NASDAQ:TSLA)&nbsp;popped on Monday, rising nearly 4%. The gain followed an analyst's move to give the stock a significant price target increase. Canaccord Genuity analyst Jed Dorsheimer now thinks the electric-car maker's shares could rise to $1,071 within the next 12 months.</p><p>After the&nbsp;growth stock&nbsp;hit an all-time high of just over $900 earlier this year, it slid sharply during part of February and the beginning of March. Has the pullback created a buying opportunity?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ec999f3452554425f3330e1f6d5ebb1\" tg-width=\"2000\" tg-height=\"1052\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>The path to $1,071</b></p><p>Dorsheimer more than doubled his price target for Tesla, increasing it from $419 to $1,071. In addition, the analyst changed his rating on the stock from hold to buy.</p><p>While Tesla makes most of its revenue from electric cars, the analyst's upgrade for the stock today has a lot to do with his bullish view for the company's solar and energy storage business. He believes Tesla's energy generation and storage business could rake in $8 billion of revenue annually by 2025 thanks to an \"<b>Apple</b>-esque ecosystem of energy products\" and \"harmonized electrification.\" Dorsheimer thinks that as Tesla resolves the battery cell supply shortage it said it was facing in its most recent quarterly update, the company is well positioned to grow the business through sales of its energy storage products. He also believes Tesla is several years ahead of the competition in energy storage, giving it an edge.</p><p><b>Momentum in energy</b></p><p>Though Tesla's electric-car business gets more attention than its energy storage business since that's where the bulk of the company's sales come from, energy storage deployments actually grew faster in 2020 than electric-car sales. Total energy storage deployments, measured in gigawatt hours (GWh), increased 83% year over year to 3 GWh in 2020.</p><p>\"This growth was driven mainly by the popularity of Megapack, our utility scale storage product,\" Tesla told&nbsp;investors&nbsp;in its fourth-quarter update. \"Powerwall demand continues to increase as the residential business continues to grow.\"</p><p>Impressively, this growth came even as production was limited. \"Our energy storage business continues to be supply constrained as backlog remains strong,\" Tesla said. But its efforts to increase cell production will help the company ramp up supply \"in the next few months.\" Because of this, the automaker anticipates its energy storage business will grow at approximately the same rate in 2021 as it did in 2020.</p><p>Tesla's solar business is growing slower, with megawatts of solar deployments increasing 18% in 2020 from the prior year. But this segment saw accelerated growth in the fourth quarter, when deployments grew 59% year over year.</p><p>While investors should be sure to do their own due diligence on Tesla stock, Dorsheimer does highlight an often-underappreciated aspect of the business that could become a significant contributor to Tesla's bottom line.</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>Tesla Stock: Headed to $1,071?</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\">\nTesla Stock: Headed to $1,071?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/12/tesla-stock-headed-to-1071/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This analyst thinks shares could soar 53% over the next 12 months.Shares of Tesla (NASDAQ:TSLA) popped on Monday, rising nearly 4%. The gain followed an analyst's move to give the stock a significant ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/12/tesla-stock-headed-to-1071/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/04/12/tesla-stock-headed-to-1071/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140705302","content_text":"This analyst thinks shares could soar 53% over the next 12 months.Shares of Tesla (NASDAQ:TSLA) popped on Monday, rising nearly 4%. The gain followed an analyst's move to give the stock a significant price target increase. Canaccord Genuity analyst Jed Dorsheimer now thinks the electric-car maker's shares could rise to $1,071 within the next 12 months.After the growth stock hit an all-time high of just over $900 earlier this year, it slid sharply during part of February and the beginning of March. Has the pullback created a buying opportunity?IMAGE SOURCE: GETTY IMAGES.The path to $1,071Dorsheimer more than doubled his price target for Tesla, increasing it from $419 to $1,071. In addition, the analyst changed his rating on the stock from hold to buy.While Tesla makes most of its revenue from electric cars, the analyst's upgrade for the stock today has a lot to do with his bullish view for the company's solar and energy storage business. He believes Tesla's energy generation and storage business could rake in $8 billion of revenue annually by 2025 thanks to an \"Apple-esque ecosystem of energy products\" and \"harmonized electrification.\" Dorsheimer thinks that as Tesla resolves the battery cell supply shortage it said it was facing in its most recent quarterly update, the company is well positioned to grow the business through sales of its energy storage products. He also believes Tesla is several years ahead of the competition in energy storage, giving it an edge.Momentum in energyThough Tesla's electric-car business gets more attention than its energy storage business since that's where the bulk of the company's sales come from, energy storage deployments actually grew faster in 2020 than electric-car sales. Total energy storage deployments, measured in gigawatt hours (GWh), increased 83% year over year to 3 GWh in 2020.\"This growth was driven mainly by the popularity of Megapack, our utility scale storage product,\" Tesla told investors in its fourth-quarter update. \"Powerwall demand continues to increase as the residential business continues to grow.\"Impressively, this growth came even as production was limited. \"Our energy storage business continues to be supply constrained as backlog remains strong,\" Tesla said. But its efforts to increase cell production will help the company ramp up supply \"in the next few months.\" Because of this, the automaker anticipates its energy storage business will grow at approximately the same rate in 2021 as it did in 2020.Tesla's solar business is growing slower, with megawatts of solar deployments increasing 18% in 2020 from the prior year. But this segment saw accelerated growth in the fourth quarter, when deployments grew 59% year over year.While investors should be sure to do their own due diligence on Tesla stock, Dorsheimer does highlight an often-underappreciated aspect of the business that could become a significant contributor to Tesla's bottom line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342822470,"gmtCreate":1618201079690,"gmtModify":1704707433536,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Nobody will know, only can mind prediction from chart and nowhere. Just need to keep ourselves in mind, trade with CARE !!","listText":"Nobody will know, only can mind prediction from chart and nowhere. Just need to keep ourselves in mind, trade with CARE !!","text":"Nobody will know, only can mind prediction from chart and nowhere. Just need to keep ourselves in mind, trade with CARE !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342822470","repostId":"2126035702","repostType":4,"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342029576,"gmtCreate":1618132299195,"gmtModify":1704706882956,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Radar detected,&nbsp;Buy.... let it break the all Time high 12.30 and fly high. Vested !!","listText":"Radar detected,&nbsp;Buy.... let it break the all Time high 12.30 and fly high. Vested !!","text":"Radar detected, Buy.... let it break the all Time high 12.30 and fly high. Vested !!","images":[{"img":"https://static.tigerbbs.com/19654dfb336ea8658c345cb95ba2ee11","width":"1125","height":"2857"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342029576","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346965697,"gmtCreate":1617981098619,"gmtModify":1704705658948,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Just give out special dividend, Please !! Lol&nbsp;","listText":"Just give out special dividend, Please !! Lol&nbsp;","text":"Just give out special dividend, Please !! Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346965697","repostId":"1119761514","repostType":4,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348744408,"gmtCreate":1617968478104,"gmtModify":1704705433297,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Under my radar detected.","listText":"Under my radar detected.","text":"Under my radar detected.","images":[{"img":"https://static.tigerbbs.com/b3039bec0d15a9e0b2acb414a727e411","width":"1125","height":"3218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348744408","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":348214411,"gmtCreate":1617931847033,"gmtModify":1704704953381,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Time for rotations play, Take profit on Singapore and vest onto S&amp;P","listText":"Time for rotations play, Take profit on Singapore and vest onto S&amp;P","text":"Time for rotations play, Take profit on Singapore and vest onto S&P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348214411","repostId":"2126709116","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348896196,"gmtCreate":1617900887115,"gmtModify":1704704649179,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Time will tell.&nbsp;","listText":"Time will tell.&nbsp;","text":"Time will tell.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/348896196","repostId":"1101689800","repostType":4,"repost":{"id":"1101689800","kind":"news","pubTimestamp":1617896048,"share":"https://ttm.financial/m/news/1101689800?lang=&edition=fundamental","pubTime":"2021-04-08 23:34","market":"us","language":"en","title":"Tesla: Why Its Deliveries Beat Means Nothing","url":"https://stock-news.laohu8.com/highlight/detail?id=1101689800","media":"seekingalpha","summary":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla beat sales estimates during Q1, which was a surprise to most.</li>\n <li>But in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.</li>\n <li>Looking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b41a4e8e9d9664a78be68e0649d0dec5\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Dean Mouhtaropoulos/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.</p>\n<p><b>Tesla's Q1 Deliveries Beat</b></p>\n<p>First things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to&nbsp;easily beat&nbsp;delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.</p>\n<p>Nevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:</p>\n<p><b>1. Deliveries outpaced production</b></p>\n<p>This is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of&nbsp;1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.</p>\n<p><b>2. Sales moved to lower-priced vehicles</b></p>\n<p>This wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.</p>\n<p><b>3. How meaningful is Tesla's Q1 growth in deliveries?</b></p>\n<p>Tesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the question<i>Is Tesla growing faster than its peers?</i></p>\n<p>Total global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.</p>\n<p>InsideEVs reports that total global EV sales in January totaled more than&nbsp;320,000, and that total global EV sales in February totaled&nbsp;270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,<i>grew slower than the market</i>. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.</p>\n<p><b>Other EV Companies Are Outpacing Tesla's Growth</b></p>\n<p>This aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:</p>\n<p>Nio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.</p>\n<p>Tesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.</p>\n<p>Volkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.</p>\n<p><b>What Does It Mean For Tesla?</b></p>\n<p>The fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.</p>\n<p>Considering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/924bf511703de1645bf04a5b7f308d85\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>Tesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.</p>\n<p>Comparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.</p>\n<p><b>Takeaway</b></p>\n<p>Am I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).</p>\n<p>Tesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.</p>\n<p>Obvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Why Its Deliveries Beat Means Nothing</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\">\nTesla: Why Its Deliveries Beat Means Nothing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1101689800","content_text":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\nLooking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.\n\nPhoto by Dean Mouhtaropoulos/Getty Images News via Getty Images\nArticle Thesis\nTesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.\nTesla's Q1 Deliveries Beat\nFirst things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to easily beat delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.\nNevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:\n1. Deliveries outpaced production\nThis is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of 1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.\n2. Sales moved to lower-priced vehicles\nThis wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.\n3. How meaningful is Tesla's Q1 growth in deliveries?\nTesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the questionIs Tesla growing faster than its peers?\nTotal global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.\nInsideEVs reports that total global EV sales in January totaled more than 320,000, and that total global EV sales in February totaled 270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,grew slower than the market. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.\nOther EV Companies Are Outpacing Tesla's Growth\nThis aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:\nNio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.\nTesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.\nVolkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.\nWhat Does It Mean For Tesla?\nThe fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.\nConsidering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:\nData by YCharts\nTesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.\nComparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.\nTakeaway\nAm I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).\nTesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.\nObvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558675649925642","authorId":"3558675649925642","name":"poobear","avatar":"https://static.tigerbbs.com/24ce5566455649c3de6f2993f0c29e29","crmLevel":2,"crmLevelSwitch":0,"idStr":"3558675649925642","authorIdStr":"3558675649925642"},"content":"for better or worse?","text":"for better or worse?","html":"for better or worse?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341467624,"gmtCreate":1617848034468,"gmtModify":1704703888400,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Crush provides opportunity too, Buy at dip.","listText":"Crush provides opportunity too, Buy at dip.","text":"Crush provides opportunity too, Buy at dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341467624","repostId":"1139572887","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341464066,"gmtCreate":1617847861555,"gmtModify":1704703886783,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Buy, This cannot be miss when economy pick up. Buy at cheap before it ran.","listText":"Buy, This cannot be miss when economy pick up. Buy at cheap before it ran.","text":"Buy, This cannot be miss when economy pick up. Buy at cheap before it ran.","images":[{"img":"https://static.tigerbbs.com/ca4b2f4a4eed16fe7b2dadce85bfd914","width":"1125","height":"2311"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341464066","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":341462468,"gmtCreate":1617847705554,"gmtModify":1704703885159,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GLSI\">$Greenwich Lifesciences Inc(GLSI)$</a>More to come.&nbsp;","listText":"<a href=\"https://laohu8.com/S/GLSI\">$Greenwich Lifesciences Inc(GLSI)$</a>More to come.&nbsp;","text":"$Greenwich Lifesciences Inc(GLSI)$More to come.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341462468","isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340880953,"gmtCreate":1617371673472,"gmtModify":1704699266123,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Personally I believe that it will keep consolidation from 30,000 to 33,000 till year&nbsp;end 2022 before having a crashing take place.","listText":"Personally I believe that it will keep consolidation from 30,000 to 33,000 till year&nbsp;end 2022 before having a crashing take place.","text":"Personally I believe that it will keep consolidation from 30,000 to 33,000 till year end 2022 before having a crashing take place.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340880953","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":109985423,"gmtCreate":1619659290762,"gmtModify":1704727524350,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","listText":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","text":"The Good of the stock, The Bad of the pricing now and the Ugly chart we are facing now. Haha!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109985423","repostId":"1155904518","repostType":2,"repost":{"id":"1155904518","kind":"news","pubTimestamp":1619582445,"share":"https://ttm.financial/m/news/1155904518?lang=&edition=fundamental","pubTime":"2021-04-28 12:00","market":"us","language":"en","title":"Tesla: The Good, The Bad, And The Ugly","url":"https://stock-news.laohu8.com/highlight/detail?id=1155904518","media":"seekingalpha","summary":"Summary\n\nTesla's Q1 results beat on the top line and the bottom line. But what does a more in-depth ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla's Q1 results beat on the top line and the bottom line. But what does a more in-depth look tell us about Tesla's business?</li>\n <li>There are positive surprises, but also major issues that materialize once we delve into the numbers.</li>\n <li>We highlight the major reasons for concern and what we believe should be done with Tesla's stock.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/28e82f148a617efbe1a779ff650d2e1c\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Dean Mouhtaropoulos/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla (TSLA) reported its first-quarter results that beat on both the top line and the bottom line, showcasing healthy growth versus the previous year's quarter. A more in-depth look shows that not everything was rosy. In this article, I'll take a deeper look at the good things and the bad things investors should keep an eye on when considering an investment in Tesla, or when thinking about what to do with an existing Tesla investment.</p>\n<p><b>The Good</b></p>\n<p><b>Outperforming ASP Estimates</b></p>\n<p>Tesla had already announced that it grew its deliveries massively year over year, but the company nevertheless managed to beat revenue estimates, if only slightly. Revenues rose 74% year over year, which was a strong showing, even for a growth stock. The fact that Tesla was able to beat revenue estimates despite already having announced delivery numbers for the quarter shows that the company was able to outperform analyst estimates when it comes to average sales prices. It thus seems that the company was less impacted by some price adjustments compared to what analysts had expected. This is good news for Tesla, after all a higher average sales price is great for its margins.</p>\n<p><b>Healthy Cash Flows And Balance Sheet</b></p>\n<p>Tesla was, in previous years, oftentimes criticized for its lack of durable cash flows. More bearish analysts had oftentimes commented that the company's inability to finance capital expenditures from operating cash flows alone was a major issue. This has changed in the recent past, and in Q1, Tesla again showed that it was able to generate all the cash that the company needs to pay its factory capex:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16458a6ad0a9d6a8d3f6a44ffc2aa5d0\" tg-width=\"640\" tg-height=\"340\"><span>Source: Tesla presentation</span></p>\n<p>Tesla's operating cash flows were $300 million higher than its capital expenditures, resulting in a small positive free cash flow for the quarter. That was less compared to the previous quarter, but we should consider that Tesla's business is seasonal to some degree - sales are usually the lowest in Q1, which is why that is a weaker quarter cash-flow-wise. Comparing this year's Q1 to the previous year's Q1 shows an encouraging improvement in Tesla's cash generation ability.</p>\n<p>We can also take a look at how Tesla's balance sheet is doing. With $17 billion in cash and equivalents, Tesla has ample liquidity to finance its near-term cash needs, e.g. for the buildout of its factories in Austin and Berlin. I don't see any basis for claims that Tesla was in financial trouble or anything like that - the combination of a sizeable cash position and positive, albeit small, free cash flows is looking healthy. In case Tesla needs additional cash for whatever reason, the company could also most likely easily do another secondary - 2020's secondary didn't hurt the stock price at all.</p>\n<p><b>The Bad</b></p>\n<p><b>High Dependence On Regulatory Credit Sales</b></p>\n<p>Looking at Tesla's income statement, we see that Tesla has, despite showing healthy business growth, not yet managed to become profitable (to a significant degree) on the auto sales side when regulatory credit sales are backed out:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6cf5dcc33a3d1624093febaab7843b7\" tg-width=\"640\" tg-height=\"357\"><span>Source: Tesla presentation</span></p>\n<p>During the first quarter, regulatory credit sales of $520 million outpaced Tesla's net income by $80 million. When we assume that Tesla has likely paid taxes of around 20%, then we get to a pre-tax profit estimate of $550 million. In other words, once regulatory credit sales are backed out, Tesla more or less managed to break even (we can't say for sure until we see the 10-Q and the taxes Tesla paid). No matter what, it seems clear that profitability without regulatory credit sales was weak. This is a problem due to two reasons.</p>\n<p>First, regulatory credit sales will likely not be an ever-lasting source of revenue. If EVs will continue to make big gains in the automobile market, there will be more and more regulatory credit sales that can be sold, and there will be fewer and fewer legacy auto companies that need them. This should eventually make this market dry up, thus this part of Tesla's business will likely not be long-lasting.</p>\n<p>Second, the weak profitability without regulatory credit sales shows that the theory that Tesla's profitability will improve massively with scale seems a little adventurous. Tesla's operating profits ex regulatory credit sales improved by just $140 million between Q1 2020 and Q1 2021. If growing delivery numbers by more than 100% year over year and adding $4.4 billion in sales adds just $140 million in operating profits, then that doesn't tell a great story about how Tesla's auto business will become widely profitable with increasing scale. Instead, it looks like profitability (ex regulatory credit sales) improved only marginally, despite a huge increase in Tesla's deliveries and revenues. Operating leverage doesn't seem to be a huge driver of profitability here - unlike, for example, with many highly-valued software stocks, where additional revenues have an outsized impact on profits.</p>\n<p><b>Ex-Auto Businesses Are Losing More Money</b></p>\n<p>In my view, Tesla is a car company - after all, that is where most of its revenues are generated, at about 90%. Some bulls, however, think that Tesla should be seen as an integrated energy company, a tech company, etc. One can make arguments for that, although I still believe that the high dependency on regular auto sales clearly qualifies Tesla as a car company primarily.</p>\n<p>No matter what you think about how Tesla should be qualified, one thing seems pretty clear: The non-auto ventures are money-burning activities:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21de975474beff2fdf5c3cb16bc13b64\" tg-width=\"640\" tg-height=\"342\"><span>Source: Tesla presentation</span></p>\n<p>From the above slide, we can deduct that the non-auto ventures contributed about $1.4 billion in revenues during the quarter. That was up from $0.9 billion during the previous year's quarter, and flat on a sequential basis. The non-auto ventures, such as batteries for energy storage and solar panels, thus delivered some business growth on a year-over-year basis. At the same time, however, these businesses seem to be structurally unprofitable. They generated<i>negative gross profits of $170 million</i>during the first quarter, up from a negative gross profit of $80 million during the previous year's quarter.</p>\n<p>In other words, Tesla's non-auto businesses grew, but lost more money - even before operating expenses and attributable interest expenses are accounted for. I don't see any reason to believe that a business that is regularly losing money on a gross profit basis - i.e. even before R&amp;D, sales, administrative expenses, etc. could become widely profitable in the foreseeable future. On top of that, the fact that gross profits got even further into negative territory despite the added scale shows that this isn't an issue that can be easily solved by growing the business to profitability - at least so far, more growth has led to more losses.</p>\n<p>It is possible that Tesla is able to eventually turn these businesses around, but the path to that seems quite hard from what we can tell. So far, it looks like these businesses are structurally unprofitable, and it is thus not easy to argue that they should be worth a lot.</p>\n<p><b>The Ugly</b></p>\n<p>Tesla isn't a bad company - it has turned from a startup to a market leader in EVs, surpassing many legacy auto companies on the way. The company also managed to build a valuable brand (although some others are still way more valuable). The company should be complemented for these achievements, and I don't think there's a good reason to trash the company.</p>\n<p>When we look at Tesla's valuation, however, it seems pretty clear to me that this stock is way overvalued. Tesla is valued at $700+ billion, despite being only marginally profitable without regulatory credit sales. The company, with annual sales of about 800,000 vehicles, is valued at several times as much as Toyota (TM) or Volkswagen (OTCPK:VWAGY), which sell about 10 million vehicles a year each - and they are massively more profitable than Tesla at the same time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cece9001c5e284c98dce11735d632420\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>Comparing Tesla and Toyota, we see that the latter is valued at roughly 1/20th of how Tesla is valued, relative to the revenues these two companies generate. Massive growth is already priced into Tesla's shares, but it isn't clear whether Tesla will indeed sell many millions of cars in the foreseeable future.</p>\n<p>Due to growing competition from all sides, including legacy auto, new startups, and tech mega-corps such as Apple (AAPL), Tesla's growth could easily slow down in coming years. When we also factor in the weak profitability of Tesla's business once regulatory credit sales have run their course, I don't see any good reason why this company should be valued at anywhere close to $700 billion. I thus believe that Tesla isn't a bad company - but a very overvalued one for sure.</p>\n<p><b>Takeaway</b></p>\n<p>Tesla's Q1 wasn't outright bad - there were positives, such as average sales prices that beat expectations. There also were negatives, however, that shouldn't be ignored by bulls, such as weak profitability without regulatory credit sales, or the issues in Tesla's non-auto businesses.</p>\n<p>When we factor in Tesla's extremely high valuation - the stock trades for more than 1000 times trailing earnings - it seems to me that Tesla is a stock that should be avoided at current prices. If I held a position, I'd lock in gains, as downside risk seems quite pronounced here.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: The Good, The Bad, And The Ugly</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\">\nTesla: The Good, The Bad, And The Ugly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4421799-tesla-earnings-good-bad-and-ugly><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla's Q1 results beat on the top line and the bottom line. But what does a more in-depth look tell us about Tesla's business?\nThere are positive surprises, but also major issues that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4421799-tesla-earnings-good-bad-and-ugly\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4421799-tesla-earnings-good-bad-and-ugly","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155904518","content_text":"Summary\n\nTesla's Q1 results beat on the top line and the bottom line. But what does a more in-depth look tell us about Tesla's business?\nThere are positive surprises, but also major issues that materialize once we delve into the numbers.\nWe highlight the major reasons for concern and what we believe should be done with Tesla's stock.\n\nPhoto by Dean Mouhtaropoulos/Getty Images News via Getty Images\nArticle Thesis\nTesla (TSLA) reported its first-quarter results that beat on both the top line and the bottom line, showcasing healthy growth versus the previous year's quarter. A more in-depth look shows that not everything was rosy. In this article, I'll take a deeper look at the good things and the bad things investors should keep an eye on when considering an investment in Tesla, or when thinking about what to do with an existing Tesla investment.\nThe Good\nOutperforming ASP Estimates\nTesla had already announced that it grew its deliveries massively year over year, but the company nevertheless managed to beat revenue estimates, if only slightly. Revenues rose 74% year over year, which was a strong showing, even for a growth stock. The fact that Tesla was able to beat revenue estimates despite already having announced delivery numbers for the quarter shows that the company was able to outperform analyst estimates when it comes to average sales prices. It thus seems that the company was less impacted by some price adjustments compared to what analysts had expected. This is good news for Tesla, after all a higher average sales price is great for its margins.\nHealthy Cash Flows And Balance Sheet\nTesla was, in previous years, oftentimes criticized for its lack of durable cash flows. More bearish analysts had oftentimes commented that the company's inability to finance capital expenditures from operating cash flows alone was a major issue. This has changed in the recent past, and in Q1, Tesla again showed that it was able to generate all the cash that the company needs to pay its factory capex:\nSource: Tesla presentation\nTesla's operating cash flows were $300 million higher than its capital expenditures, resulting in a small positive free cash flow for the quarter. That was less compared to the previous quarter, but we should consider that Tesla's business is seasonal to some degree - sales are usually the lowest in Q1, which is why that is a weaker quarter cash-flow-wise. Comparing this year's Q1 to the previous year's Q1 shows an encouraging improvement in Tesla's cash generation ability.\nWe can also take a look at how Tesla's balance sheet is doing. With $17 billion in cash and equivalents, Tesla has ample liquidity to finance its near-term cash needs, e.g. for the buildout of its factories in Austin and Berlin. I don't see any basis for claims that Tesla was in financial trouble or anything like that - the combination of a sizeable cash position and positive, albeit small, free cash flows is looking healthy. In case Tesla needs additional cash for whatever reason, the company could also most likely easily do another secondary - 2020's secondary didn't hurt the stock price at all.\nThe Bad\nHigh Dependence On Regulatory Credit Sales\nLooking at Tesla's income statement, we see that Tesla has, despite showing healthy business growth, not yet managed to become profitable (to a significant degree) on the auto sales side when regulatory credit sales are backed out:\nSource: Tesla presentation\nDuring the first quarter, regulatory credit sales of $520 million outpaced Tesla's net income by $80 million. When we assume that Tesla has likely paid taxes of around 20%, then we get to a pre-tax profit estimate of $550 million. In other words, once regulatory credit sales are backed out, Tesla more or less managed to break even (we can't say for sure until we see the 10-Q and the taxes Tesla paid). No matter what, it seems clear that profitability without regulatory credit sales was weak. This is a problem due to two reasons.\nFirst, regulatory credit sales will likely not be an ever-lasting source of revenue. If EVs will continue to make big gains in the automobile market, there will be more and more regulatory credit sales that can be sold, and there will be fewer and fewer legacy auto companies that need them. This should eventually make this market dry up, thus this part of Tesla's business will likely not be long-lasting.\nSecond, the weak profitability without regulatory credit sales shows that the theory that Tesla's profitability will improve massively with scale seems a little adventurous. Tesla's operating profits ex regulatory credit sales improved by just $140 million between Q1 2020 and Q1 2021. If growing delivery numbers by more than 100% year over year and adding $4.4 billion in sales adds just $140 million in operating profits, then that doesn't tell a great story about how Tesla's auto business will become widely profitable with increasing scale. Instead, it looks like profitability (ex regulatory credit sales) improved only marginally, despite a huge increase in Tesla's deliveries and revenues. Operating leverage doesn't seem to be a huge driver of profitability here - unlike, for example, with many highly-valued software stocks, where additional revenues have an outsized impact on profits.\nEx-Auto Businesses Are Losing More Money\nIn my view, Tesla is a car company - after all, that is where most of its revenues are generated, at about 90%. Some bulls, however, think that Tesla should be seen as an integrated energy company, a tech company, etc. One can make arguments for that, although I still believe that the high dependency on regular auto sales clearly qualifies Tesla as a car company primarily.\nNo matter what you think about how Tesla should be qualified, one thing seems pretty clear: The non-auto ventures are money-burning activities:\nSource: Tesla presentation\nFrom the above slide, we can deduct that the non-auto ventures contributed about $1.4 billion in revenues during the quarter. That was up from $0.9 billion during the previous year's quarter, and flat on a sequential basis. The non-auto ventures, such as batteries for energy storage and solar panels, thus delivered some business growth on a year-over-year basis. At the same time, however, these businesses seem to be structurally unprofitable. They generatednegative gross profits of $170 millionduring the first quarter, up from a negative gross profit of $80 million during the previous year's quarter.\nIn other words, Tesla's non-auto businesses grew, but lost more money - even before operating expenses and attributable interest expenses are accounted for. I don't see any reason to believe that a business that is regularly losing money on a gross profit basis - i.e. even before R&D, sales, administrative expenses, etc. could become widely profitable in the foreseeable future. On top of that, the fact that gross profits got even further into negative territory despite the added scale shows that this isn't an issue that can be easily solved by growing the business to profitability - at least so far, more growth has led to more losses.\nIt is possible that Tesla is able to eventually turn these businesses around, but the path to that seems quite hard from what we can tell. So far, it looks like these businesses are structurally unprofitable, and it is thus not easy to argue that they should be worth a lot.\nThe Ugly\nTesla isn't a bad company - it has turned from a startup to a market leader in EVs, surpassing many legacy auto companies on the way. The company also managed to build a valuable brand (although some others are still way more valuable). The company should be complemented for these achievements, and I don't think there's a good reason to trash the company.\nWhen we look at Tesla's valuation, however, it seems pretty clear to me that this stock is way overvalued. Tesla is valued at $700+ billion, despite being only marginally profitable without regulatory credit sales. The company, with annual sales of about 800,000 vehicles, is valued at several times as much as Toyota (TM) or Volkswagen (OTCPK:VWAGY), which sell about 10 million vehicles a year each - and they are massively more profitable than Tesla at the same time.\nData by YCharts\nComparing Tesla and Toyota, we see that the latter is valued at roughly 1/20th of how Tesla is valued, relative to the revenues these two companies generate. Massive growth is already priced into Tesla's shares, but it isn't clear whether Tesla will indeed sell many millions of cars in the foreseeable future.\nDue to growing competition from all sides, including legacy auto, new startups, and tech mega-corps such as Apple (AAPL), Tesla's growth could easily slow down in coming years. When we also factor in the weak profitability of Tesla's business once regulatory credit sales have run their course, I don't see any good reason why this company should be valued at anywhere close to $700 billion. I thus believe that Tesla isn't a bad company - but a very overvalued one for sure.\nTakeaway\nTesla's Q1 wasn't outright bad - there were positives, such as average sales prices that beat expectations. There also were negatives, however, that shouldn't be ignored by bulls, such as weak profitability without regulatory credit sales, or the issues in Tesla's non-auto businesses.\nWhen we factor in Tesla's extremely high valuation - the stock trades for more than 1000 times trailing earnings - it seems to me that Tesla is a stock that should be avoided at current prices. If I held a position, I'd lock in gains, as downside risk seems quite pronounced here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372985766,"gmtCreate":1619168409055,"gmtModify":1704720693618,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Quality and Capability are much more important for the right position other than warming up those seat.","listText":"Quality and Capability are much more important for the right position other than warming up those seat.","text":"Quality and Capability are much more important for the right position other than warming up those seat.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372985766","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"content":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one.","text":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one.","html":"None of the G4 Qualify, Only Tharman are the best candidate. I believe majority of our Singaporeans love to pick him as one."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340103081,"gmtCreate":1617348874443,"gmtModify":1704699075784,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"China is moving very super fast on technology. Good to start invest on China. I love China, A leading towards the world.","listText":"China is moving very super fast on technology. Good to start invest on China. I love China, A leading towards the world.","text":"China is moving very super fast on technology. Good to start invest on China. I love China, A leading towards the world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/340103081","repostId":"1168930514","repostType":4,"repost":{"id":"1168930514","kind":"news","pubTimestamp":1617332876,"share":"https://ttm.financial/m/news/1168930514?lang=&edition=fundamental","pubTime":"2021-04-02 11:07","market":"us","language":"en","title":"Li Auto Inc. March 2021 Delivery Update","url":"https://stock-news.laohu8.com/highlight/detail?id=1168930514","media":"globenewswire","summary":"BEIJING, China, April 02, 2021  -- Li Auto Inc.  , an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to rob","content":"<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.</p><p>As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.</p><p><b>About Li Auto Inc.</b></p><p>Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.</p><p>For more information, please visit:<i>http://ir.lixiang.com</i>.</p>","source":"lsy1573717531661","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>Li Auto Inc. March 2021 Delivery Update</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\">\nLi Auto Inc. March 2021 Delivery Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html><strong>globenewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered...</p>\n\n<a href=\"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168930514","content_text":"BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.About Li Auto Inc.Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.For more information, please visit:http://ir.lixiang.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568341343298894","authorId":"3568341343298894","name":"大家好我是王剛88888","avatar":"https://static.tigerbbs.com/d84a1454474c28ae62985e96195561d3","crmLevel":5,"crmLevelSwitch":0,"idStr":"3568341343298894","authorIdStr":"3568341343298894"},"content":"Enter China market not US market to buy china adr. as you can see what American gov doing now. if they cannot compete with you they sanction you... US market is just a big gambling den. win or loss","text":"Enter China market not US market to buy china adr. as you can see what American gov doing now. if they cannot compete with you they sanction you... US market is just a big gambling den. win or loss","html":"Enter China market not US market to buy china adr. as you can see what American gov doing now. if they cannot compete with you they sanction you... US market is just a big gambling den. win or loss"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899888166,"gmtCreate":1628173573755,"gmtModify":1703502592797,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid&nbsp;term trading hit and run strategy.","listText":"So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid&nbsp;term trading hit and run strategy.","text":"So, since short term not in advantage. Trader might invest slowly for long term benefit aswell play on mid term trading hit and run strategy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899888166","repostId":"1175346944","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374859868,"gmtCreate":1619440018154,"gmtModify":1704723863289,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","listText":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","text":"Avoiding Taxes, profitable companies might investing into bitcoin Crypto.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374859868","repostId":"1168057784","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376007604,"gmtCreate":1619066993908,"gmtModify":1704719135754,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","listText":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","text":"Good news, it encourage Tesla for working out better and increase benefits for shareholders confidence and trust for this company.Time for buy !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376007604","repostId":"1143508710","repostType":4,"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348214411,"gmtCreate":1617931847033,"gmtModify":1704704953381,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Time for rotations play, Take profit on Singapore and vest onto S&amp;P","listText":"Time for rotations play, Take profit on Singapore and vest onto S&amp;P","text":"Time for rotations play, Take profit on Singapore and vest onto S&P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348214411","repostId":"2126709116","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348896196,"gmtCreate":1617900887115,"gmtModify":1704704649179,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Time will tell.&nbsp;","listText":"Time will tell.&nbsp;","text":"Time will tell.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/348896196","repostId":"1101689800","repostType":4,"repost":{"id":"1101689800","kind":"news","pubTimestamp":1617896048,"share":"https://ttm.financial/m/news/1101689800?lang=&edition=fundamental","pubTime":"2021-04-08 23:34","market":"us","language":"en","title":"Tesla: Why Its Deliveries Beat Means Nothing","url":"https://stock-news.laohu8.com/highlight/detail?id=1101689800","media":"seekingalpha","summary":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla beat sales estimates during Q1, which was a surprise to most.</li>\n <li>But in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.</li>\n <li>Looking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b41a4e8e9d9664a78be68e0649d0dec5\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Dean Mouhtaropoulos/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.</p>\n<p><b>Tesla's Q1 Deliveries Beat</b></p>\n<p>First things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to&nbsp;easily beat&nbsp;delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.</p>\n<p>Nevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:</p>\n<p><b>1. Deliveries outpaced production</b></p>\n<p>This is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of&nbsp;1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.</p>\n<p><b>2. Sales moved to lower-priced vehicles</b></p>\n<p>This wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.</p>\n<p><b>3. How meaningful is Tesla's Q1 growth in deliveries?</b></p>\n<p>Tesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the question<i>Is Tesla growing faster than its peers?</i></p>\n<p>Total global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.</p>\n<p>InsideEVs reports that total global EV sales in January totaled more than&nbsp;320,000, and that total global EV sales in February totaled&nbsp;270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,<i>grew slower than the market</i>. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.</p>\n<p><b>Other EV Companies Are Outpacing Tesla's Growth</b></p>\n<p>This aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:</p>\n<p>Nio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.</p>\n<p>Tesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.</p>\n<p>Volkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.</p>\n<p><b>What Does It Mean For Tesla?</b></p>\n<p>The fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.</p>\n<p>Considering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/924bf511703de1645bf04a5b7f308d85\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>Tesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.</p>\n<p>Comparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.</p>\n<p><b>Takeaway</b></p>\n<p>Am I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).</p>\n<p>Tesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.</p>\n<p>Obvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Why Its Deliveries Beat Means Nothing</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\">\nTesla: Why Its Deliveries Beat Means Nothing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1101689800","content_text":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\nLooking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.\n\nPhoto by Dean Mouhtaropoulos/Getty Images News via Getty Images\nArticle Thesis\nTesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.\nTesla's Q1 Deliveries Beat\nFirst things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to easily beat delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.\nNevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:\n1. Deliveries outpaced production\nThis is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of 1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.\n2. Sales moved to lower-priced vehicles\nThis wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.\n3. How meaningful is Tesla's Q1 growth in deliveries?\nTesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the questionIs Tesla growing faster than its peers?\nTotal global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.\nInsideEVs reports that total global EV sales in January totaled more than 320,000, and that total global EV sales in February totaled 270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,grew slower than the market. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.\nOther EV Companies Are Outpacing Tesla's Growth\nThis aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:\nNio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.\nTesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.\nVolkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.\nWhat Does It Mean For Tesla?\nThe fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.\nConsidering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:\nData by YCharts\nTesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.\nComparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.\nTakeaway\nAm I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).\nTesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.\nObvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558675649925642","authorId":"3558675649925642","name":"poobear","avatar":"https://static.tigerbbs.com/24ce5566455649c3de6f2993f0c29e29","crmLevel":2,"crmLevelSwitch":0,"idStr":"3558675649925642","authorIdStr":"3558675649925642"},"content":"for better or worse?","text":"for better or worse?","html":"for better or worse?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359746944,"gmtCreate":1616426206788,"gmtModify":1704794023521,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Soon it may come out with “ Personal Electric Flying vehicle “.","listText":"Soon it may come out with “ Personal Electric Flying vehicle “.","text":"Soon it may come out with “ Personal Electric Flying vehicle “.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359746944","repostId":"1196402560","repostType":4,"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340891561,"gmtCreate":1617367884153,"gmtModify":1704699230666,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Tesla need new model with design for enhancing&nbsp;market share. I believe it’s not difficult on&nbsp;doing so for winning more car&nbsp;buyers.","listText":"Tesla need new model with design for enhancing&nbsp;market share. I believe it’s not difficult on&nbsp;doing so for winning more car&nbsp;buyers.","text":"Tesla need new model with design for enhancing market share. I believe it’s not difficult on doing so for winning more car buyers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340891561","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","kind":"news","pubTimestamp":1617366960,"share":"https://ttm.financial/m/news/2124875875?lang=&edition=fundamental","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","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>Tesla Q1 2021 Vehicle Production & Deliveries</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\">\nTesla Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139382727,"gmtCreate":1621592651469,"gmtModify":1704360206949,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"It restricted Hongkongees for getting rich. lol [Miser]&nbsp;","listText":"It restricted Hongkongees for getting rich. lol [Miser]&nbsp;","text":"It restricted Hongkongees for getting rich. lol [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139382727","repostId":"2137903089","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376712440,"gmtCreate":1619148510180,"gmtModify":1704720396844,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to&nbsp;the nation. No offencing, please !!","listText":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to&nbsp;the nation. No offencing, please !!","text":"Nothing right or wrong, It’s the duty for the President do and plan for a better shape and advance for the country American. It’s time for those wealthiest rich for contributing back to the nation. No offencing, please !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376712440","repostId":"1141178573","repostType":4,"repost":{"id":"1141178573","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619147275,"share":"https://ttm.financial/m/news/1141178573?lang=&edition=fundamental","pubTime":"2021-04-23 11:07","market":"us","language":"en","title":"Biden to float historic tax increase on investment gains for the rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1141178573","media":"Reuters","summary":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the l","content":"<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</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>Biden to float historic tax increase on investment gains for the rich</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\">\nBiden to float historic tax increase on investment gains for the rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-23 11:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141178573","content_text":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.Biden has promised not to raise taxes on households earning less than $400,000.Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom BrennerShe said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.CAPITAL GAINSBiden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax RateToday the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that\"Congress will settle on a more modest increase, potentially around 28%.\"As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.2. We expect Congress will pass a scaled back version of this tax increase.While it is possible that Congress might pass the proposal in its entirety,we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue.4. It is unclear when the higher rate would be effective, but we see three main options.First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378854514,"gmtCreate":1619017593638,"gmtModify":1704718421610,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Drop which is your opportunity, Up which is your fortune. Lol","listText":"Drop which is your opportunity, Up which is your fortune. Lol","text":"Drop which is your opportunity, Up which is your fortune. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378854514","repostId":"1114709501","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373296204,"gmtCreate":1618846771308,"gmtModify":1704715869119,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"GameStop should change name as Non-Stop. &nbsp; &nbsp; Lol.","listText":"GameStop should change name as Non-Stop. &nbsp; &nbsp; Lol.","text":"GameStop should change name as Non-Stop. Lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373296204","repostId":"1195602008","repostType":4,"repost":{"id":"1195602008","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618839329,"share":"https://ttm.financial/m/news/1195602008?lang=&edition=fundamental","pubTime":"2021-04-19 21:35","market":"us","language":"en","title":"GameStop jumped 8% in Monday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1195602008","media":"Tiger Newspress","summary":"GameStop jumped 8% in Monday morning trading.GameStop CEO George Sherman will step down effective Ju","content":"<p>GameStop jumped 8% in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/5668d0fb5af0448cacc5bceba5068277\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>GameStop CEO George Sherman&nbsp;will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.</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>GameStop jumped 8% in Monday morning trading</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 jumped 8% in Monday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-19 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GameStop jumped 8% in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/5668d0fb5af0448cacc5bceba5068277\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>GameStop CEO George Sherman&nbsp;will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195602008","content_text":"GameStop jumped 8% in Monday morning trading.GameStop CEO George Sherman will step down effective July 31, or earlier if a successor is found before then. The company said in a Securities and Exchange Commission filing that it has been evaluating executive leadership to make sure it is suitable for a changing business landscape. Separately, Keith Gill, the man known as “Roaring Kitty,” exercised options to buy 50,000 more shares of the video game retailer at a strike price of $12 per share, according to a Bloomberg report. Gill now holds 200,000 GameStop shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341467624,"gmtCreate":1617848034468,"gmtModify":1704703888400,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Crush provides opportunity too, Buy at dip.","listText":"Crush provides opportunity too, Buy at dip.","text":"Crush provides opportunity too, Buy at dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341467624","repostId":"1139572887","repostType":4,"repost":{"id":"1139572887","kind":"news","pubTimestamp":1617843226,"share":"https://ttm.financial/m/news/1139572887?lang=&edition=fundamental","pubTime":"2021-04-08 08:53","market":"us","language":"en","title":"NIO and Other Chinese EV Stocks Are Getting Crushed. Tesla’s Not Doing So Hot Either.","url":"https://stock-news.laohu8.com/highlight/detail?id=1139572887","media":"Barron's","summary":"Shares ofNIO,XPeng,andLi Autofell dramatically in Wednesday trading, adding to recent investor pain.","content":"<p>Shares ofNIO,XPeng,andLi Autofell dramatically in Wednesday trading, adding to recent investor pain. Electric vehicle stocks have been roiled by issues ranging frominterest ratechanges tomicrochip shortages. Today’s is due to a new reason.</p>\n<p>NIO (ticker: NIO) shares fell almost 7%. XPeng (XPEV) stock dropped 8%. Li Auto (LI) shares fared the worst Wednesday, dropping almost 13%.</p>\n<p>EV investors can’t use rotation out of highly valued technology stocks as an excuse, however. Recently, old economy value-oriented stocks have been outperforming tech as the global economy awakens from its Covid-induced coma. TheNasdaq Composite Indexfell only 0.1%. TheRussell 1000 Growth Indexand theS&amp;P 500both closed up about 0.2%.</p>\n<p>So what’s hurting Chinese EV stocks? Li Auto seems responsible, catalyzing the drop byannouncingplans for a $750 convertible bond offering in what amounts to a capital raise.Convertible bonds, as their name suggests, convert into common stock under certain conditions, and investors don’t like to see their existing stakes diluted with new stock. It’s the reasonmost capital raisestend to drive stock prices down for a while.</p>\n<p>A convertible bond can generate some stock selling pressure in yet another way. Convertible arbitrage traders will sell the stock of the issuer short and buy the convertible bond. That way they can lock in a relatively attractive bond yield and take the stock risk, embedded in a convertible, out of their return equation.</p>\n<p>With Wednesday’s drop, NIO, XPeng, and Li stocks are down more than 20% on average this year. U.S. EV stocks aren’t doing so hot either.Lordstown Motors(RIDE) has tumbled 41% this year, whileWorkhorse Group(WKHS) has slumped 44%, andNikolahas dropped 19%. All three of those stock have had their own issues to deal with, such asnegative research reportsandcontract losses.</p>\n<p>And evenTesla(TSLA), which is down just 4.9% in 2021, has fallen 24% since peaking in January.</p>\n<p>EV investors havedealt with a lotalready in 2021. Higher interest rates, which make financing growth more expensive and reduce the value of future cash flows, hurt EV stocks. So has the chip shortage. NIO stock, for instance, dropped after it cut delivery guidance because of a lack of chips. Now the specter of more capital raises is shaking investor confidence a little more.</p>","source":"lsy1610680873436","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>NIO and Other Chinese EV Stocks Are Getting Crushed. Tesla’s Not Doing So Hot Either.</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\">\nNIO and Other Chinese EV Stocks Are Getting Crushed. Tesla’s Not Doing So Hot Either.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 08:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nio-and-other-chinese-ev-stocks-are-getting-crushed-teslas-not-doing-so-hot-either-51617830812?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares ofNIO,XPeng,andLi Autofell dramatically in Wednesday trading, adding to recent investor pain. Electric vehicle stocks have been roiled by issues ranging frominterest ratechanges tomicrochip ...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-and-other-chinese-ev-stocks-are-getting-crushed-teslas-not-doing-so-hot-either-51617830812?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nio-and-other-chinese-ev-stocks-are-getting-crushed-teslas-not-doing-so-hot-either-51617830812?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139572887","content_text":"Shares ofNIO,XPeng,andLi Autofell dramatically in Wednesday trading, adding to recent investor pain. Electric vehicle stocks have been roiled by issues ranging frominterest ratechanges tomicrochip shortages. Today’s is due to a new reason.\nNIO (ticker: NIO) shares fell almost 7%. XPeng (XPEV) stock dropped 8%. Li Auto (LI) shares fared the worst Wednesday, dropping almost 13%.\nEV investors can’t use rotation out of highly valued technology stocks as an excuse, however. Recently, old economy value-oriented stocks have been outperforming tech as the global economy awakens from its Covid-induced coma. TheNasdaq Composite Indexfell only 0.1%. TheRussell 1000 Growth Indexand theS&P 500both closed up about 0.2%.\nSo what’s hurting Chinese EV stocks? Li Auto seems responsible, catalyzing the drop byannouncingplans for a $750 convertible bond offering in what amounts to a capital raise.Convertible bonds, as their name suggests, convert into common stock under certain conditions, and investors don’t like to see their existing stakes diluted with new stock. It’s the reasonmost capital raisestend to drive stock prices down for a while.\nA convertible bond can generate some stock selling pressure in yet another way. Convertible arbitrage traders will sell the stock of the issuer short and buy the convertible bond. That way they can lock in a relatively attractive bond yield and take the stock risk, embedded in a convertible, out of their return equation.\nWith Wednesday’s drop, NIO, XPeng, and Li stocks are down more than 20% on average this year. U.S. EV stocks aren’t doing so hot either.Lordstown Motors(RIDE) has tumbled 41% this year, whileWorkhorse Group(WKHS) has slumped 44%, andNikolahas dropped 19%. All three of those stock have had their own issues to deal with, such asnegative research reportsandcontract losses.\nAnd evenTesla(TSLA), which is down just 4.9% in 2021, has fallen 24% since peaking in January.\nEV investors havedealt with a lotalready in 2021. Higher interest rates, which make financing growth more expensive and reduce the value of future cash flows, hurt EV stocks. So has the chip shortage. NIO stock, for instance, dropped after it cut delivery guidance because of a lack of chips. Now the specter of more capital raises is shaking investor confidence a little more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345181324,"gmtCreate":1618287629068,"gmtModify":1704708633042,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Think and reality are so much different. Who ever also&nbsp;can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","listText":"Think and reality are so much different. Who ever also&nbsp;can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","text":"Think and reality are so much different. Who ever also can think the bull can climb up to the Sky. Just be realistic and trade along with the trend.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345181324","repostId":"1140705302","repostType":4,"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342029576,"gmtCreate":1618132299195,"gmtModify":1704706882956,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Radar detected,&nbsp;Buy.... let it break the all Time high 12.30 and fly high. Vested !!","listText":"Radar detected,&nbsp;Buy.... let it break the all Time high 12.30 and fly high. Vested !!","text":"Radar detected, Buy.... let it break the all Time high 12.30 and fly high. Vested !!","images":[{"img":"https://static.tigerbbs.com/19654dfb336ea8658c345cb95ba2ee11","width":"1125","height":"2857"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342029576","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":348744408,"gmtCreate":1617968478104,"gmtModify":1704705433297,"author":{"id":"3575511191000856","authorId":"3575511191000856","name":"EdwardSeng","avatar":"https://static.tigerbbs.com/6d8d4573767c374a34c23521c5806154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575511191000856","authorIdStr":"3575511191000856"},"themes":[],"htmlText":"Under my radar detected.","listText":"Under my radar detected.","text":"Under my radar detected.","images":[{"img":"https://static.tigerbbs.com/b3039bec0d15a9e0b2acb414a727e411","width":"1125","height":"3218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348744408","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}