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2021-06-29

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Bitcoin to become legal tender in El Salvador on Sept 7

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Instead, workers can show up five days <a href=\"https://laohu8.com/S/AONE.U\">one</a> week and zero the next.</p>\n<p>The plan is a reversal from April when Uber said that from September \"employees can work from home up to two days a week, but with a clear expectation that they also come into the office three days a week.\"</p>\n<p>When working remotely, employees can be wherever, including at home, with family or even more exotic destinations. They will be encouraged to try working away from their regular home for four weeks a year, the source said.</p>\n<p>The company on Tuesday also is expected to say it will begin allowing more employees to work remotely all the time.</p>\n<p>Online news outlet Insider first reported details of the plan on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147539638","content_text":"June 28 (Reuters) - Uber Technologies Inc will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, the transport app company plans to announce on Tuesday, according to a person familiar with the matter.\nIn one of the most flexible policies offered yet by a big U.S. tech company as the COVID-19 pandemic eases, Uber plans to say that those working in offices need to spend at least 50% of their time there.\nBut unlike many other companies the policy does not mean at least three days per week in the office, the source said. Instead, workers can show up five days one week and zero the next.\nThe plan is a reversal from April when Uber said that from September \"employees can work from home up to two days a week, but with a clear expectation that they also come into the office three days a week.\"\nWhen working remotely, employees can be wherever, including at home, with family or even more exotic destinations. They will be encouraged to try working away from their regular home for four weeks a year, the source said.\nThe company on Tuesday also is expected to say it will begin allowing more employees to work remotely all the time.\nOnline news outlet Insider first reported details of the plan on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127142862,"gmtCreate":1624841245156,"gmtModify":1703845827577,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575883294902160","idStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127142862","repostId":"2146700256","repostType":4,"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122127281,"gmtCreate":1624606052243,"gmtModify":1703841561765,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575883294902160","idStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122127281","repostId":"2146021046","repostType":4,"repost":{"id":"2146021046","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":1624589404,"share":"https://ttm.financial/m/news/2146021046?lang=&edition=fundamental","pubTime":"2021-06-25 10:50","market":"fut","language":"en","title":"Bitcoin to become legal tender in El Salvador on Sept 7","url":"https://stock-news.laohu8.com/highlight/detail?id=2146021046","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on","content":"<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</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>Bitcoin to become legal tender in El Salvador on Sept 7</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\">\nBitcoin to become legal tender in El Salvador on Sept 7\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\">2021-06-25 10:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146021046","content_text":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.\nEl Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.\n\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.\nSalaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.\nEarlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.\nAccording to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164737698,"gmtCreate":1624235948914,"gmtModify":1703831064657,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575883294902160","idStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164737698","repostId":"1192473918","repostType":4,"repost":{"id":"1192473918","kind":"news","pubTimestamp":1624029343,"share":"https://ttm.financial/m/news/1192473918?lang=&edition=fundamental","pubTime":"2021-06-18 23:15","market":"us","language":"en","title":"PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1192473918","media":"investorplace","summary":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Feder","content":"<p><b>Palantir Technologies</b>(NYSE:<b><u>PLTR</u></b>) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).</p>\n<p>The goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.</p>\n<p>According to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.</p>\n<p>Palantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.</p>\n<p>Akash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.</p>\n<blockquote>\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n</blockquote>\n<p>The fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.</p>\n<p>It’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.</p>\n<p>PLTR stock was down 1.1% as of Friday morning.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today</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\">\nPLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” ...</p>\n\n<a href=\"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192473918","content_text":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.\nAccording to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.\nPalantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.\nAkash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.\n\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n\nThe fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.\nIt’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.\nPLTR stock was down 1.1% as of Friday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":159019926,"gmtCreate":1624930850065,"gmtModify":1703848180787,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575883294902160","authorIdStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159019926","repostId":"2147539638","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164737698,"gmtCreate":1624235948914,"gmtModify":1703831064657,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575883294902160","authorIdStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164737698","repostId":"1192473918","repostType":4,"repost":{"id":"1192473918","kind":"news","pubTimestamp":1624029343,"share":"https://ttm.financial/m/news/1192473918?lang=&edition=fundamental","pubTime":"2021-06-18 23:15","market":"us","language":"en","title":"PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1192473918","media":"investorplace","summary":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Feder","content":"<p><b>Palantir Technologies</b>(NYSE:<b><u>PLTR</u></b>) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).</p>\n<p>The goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.</p>\n<p>According to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.</p>\n<p>Palantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.</p>\n<p>Akash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.</p>\n<blockquote>\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n</blockquote>\n<p>The fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.</p>\n<p>It’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.</p>\n<p>PLTR stock was down 1.1% as of Friday morning.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today</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\">\nPLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” ...</p>\n\n<a href=\"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192473918","content_text":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.\nAccording to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.\nPalantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.\nAkash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.\n\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n\nThe fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.\nIt’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.\nPLTR stock was down 1.1% as of Friday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159013003,"gmtCreate":1624930876002,"gmtModify":1703848182241,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575883294902160","authorIdStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159013003","repostId":"1168491065","repostType":4,"repost":{"id":"1168491065","kind":"news","pubTimestamp":1624929839,"share":"https://ttm.financial/m/news/1168491065?lang=&edition=fundamental","pubTime":"2021-06-29 09:23","market":"us","language":"en","title":"Workhorse Is a Short-Term Loser That Can Still Be a Long-Term Winner","url":"https://stock-news.laohu8.com/highlight/detail?id=1168491065","media":"investorplace","summary":"Workhorse(NASDAQ:WKHS) stock is making a comeback, up more than 80% in the past month. On the surfac","content":"<p><b>Workhorse</b>(NASDAQ:<b><u>WKHS</u></b>) stock is making a comeback, up more than 80% in the past month. On the surface, things don’t look good. The company lost a $6 billion contract with the U.S. Postal Serviceto replace its aging fleet of delivery vehicles over ten years. Workhorse generated a mere $521,000 in revenues last quarter and delivered just6 trucks (okay, it<i>produced</i>38). And, Cathie Wood, mother of technology growth investing, bailed on the stock. Yet,WKHS still stands at a market cap of $1.9 billion.</p>\n<p>For retail investor bulls “HODLing” onReddit, there’s buzz around anew patent filing, hope of a short squeeze and a potential reversal of the contract award.</p>\n<p>Unfortunately, the odds of instant gratification are slim.But WKHS stock is absolutely still a buy. Here’s why.</p>\n<p><b>WKHS Stock: Rise and Fall</b></p>\n<p>Following<b>Tesla’s</b>(NASDAQ:<b>TSLA</b>) meteoric rise last year (+510%), investors looking for the “next Tesla” have bid up smaller electric vehicle stocks, most of which have become public via SPACs (special purpose acquisition companies). Not surprisingly,Workhorse, which builds electrically powered delivery and utility vehicles targeted at last-mile delivery, has been a perennial retail investor favorite.</p>\n<p>To some extent, the recent movement in WKHS stock is part of the broader rally in heavily shorted meme stocks. Redditor squeeze favorite&nbsp;<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) has rocketed 121% in the past month. And, when it comes to being a prime squeeze candidate, WKHS stock has two key characteristics going for it. First,WKHS’ float of 114 million is much lower than other similar high-short interest stocks. Second, WKHS stock has an exceptionally high short interest, at 38% of the float.</p>\n<p>But Workhorse wasn’t always just a short squeeze play. Back in August 2020, the company garnered investor attention for its appointment as one of three finalists for a$6 billion-plus contractto replace the U.S. Postal Service’s aging fleet of delivery trucks. Anticipation surrounding thisNext-Generation Delivery Vehicles (NGDV) contract fueled an almost 1,000% rally in the stock last year.</p>\n<p><b>USPS: No Use Crying Over Spilled Milk</b></p>\n<p>Unfortunately, Workhorse’s fortunes reversed quickly in February of this year, when USPS announced it hadawardedthe entirety of the 10-year NGDV contract to<b>Oshkosh Defense</b>(NYSE:<b><u>OSK</u></b>). A brutal plunge in the shares ensued. After hitting a high of over $40, shares collapsed to below $8. By May,Cathie Wood had liquidated the vast majority of her position.</p>\n<p>It wasn’t just WKHS investors that didn’t take the USPS news well. Environmentalists and U.S. lawmakers were also upset, largely owing to the fact that only 10% of the Oshkosh contract consists of electric vehicles. In May,over 50 U.S. House Democratswrote a letter urging for a proposal that would allocate $8 billion for the electrification of the U.S. Postal Service fleet. Workhorse is expected to win a sizable piece of this new government contract.</p>\n<p>For its part, Workhorse hasn’t sat idly by. The companyfiled a bid protest in the U.S. Court of Federal Claims, under seal, to block the procurement process that USPS awarded to Oshkosh.</p>\n<p>This dust-up around USPS has galvanized anentire community of Reddit bulls hoping for a retail-led short squeeze and a reversal of the contract award.But, the best way to look at the stock is to forget the USPS drama and look ahead. If it sounds like a stretch to expect a $6 billion contract to be awarded to a company that booked just $377,000 in revenue the entire year before — that’s probably because it is.</p>\n<p><b>Numbers Still Matter</b></p>\n<p>Even if Workhorse manages to win an additional contract for the electrification of the USPS, there are considerable challenges ahead.</p>\n<p>First,Workhorse hasn’t manufactured or delivered trucks at scale.The company manufactured just six vehicles over the last quarter.Since the beginning of the year, the company has so far manufactured 38 of itsC-Series vans. While that’s still more than double the amount it produced in 2020, it’s a very small number.Making itstarget of 1,000 vehicles for the full year may also be a stretch owing to widely documented industry supply chain issues.</p>\n<p>Second, while the company<i>does</i>have other orders for its commercial vehicles, these are much, much smaller than the USPS contract. Workhorse’s largest wins are 1) acontract to supply roughly 6,320 vehicles to Pride Group Enterprises, a commercial vehicle rental company, and 2) another tosupply 500 vehicles to Pritchard Companies. Other high-profile announcements include<b>Ryder System</b>(NYSE:<b><u>R</u></b>), which announced a contract to place Workhorse C-1000 vehicles on itspeer-to-peer truck rental platform.&nbsp; FedEx (NYSE:FDX)</p>\n<p>While the company says that it has orders for over 8,000 vehicles, it’s not clear thatthese orders willtranslate into<i>actual revenue</i>. The deal with the Pride Group, for example, is dependent on demand for delivery vehicles from Pride Group’s end customers. That means the final number of vehicles delivered could be much smaller than the 6,320 announced in the press release.</p>\n<p><b>Competition, Big and Small</b></p>\n<p>Third, if we’re honestly observing this market, it’s clear that the barriers to entry into the electric delivery vehicle space aren’t really high. Workhorse’s technology isn’t very differentiated and the company is likely to face a lot more competition as mainstream automakers including<b>Daimler</b>(OTCMKTS:<b><u>DMLRY</u></b>),<b>General Motors</b>(NYSE:<b>GM</b>) and<b>Ford</b>(NYSE:<b><u>F</u></b>), which also have plans to make commercial EVs.</p>\n<p>These companies have considerable manufacturing scale as well as a broader customer base from which to potentially sell their EVs. Even other upstarts, such as privately held Rivan Automotive, are poised to gain traction, driven by big partnerships. For example,<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) has alreadystarted to use Rivan delivery vansin select locations. It&nbsp;plans to have as many as 100,000 vehicles on the road via this partnership within the next decade.</p>\n<p>Finally, Workhorse’s 10% equity stake in electric truck maker<b>Lordstown Motors</b>(NASDAQ:<b><u>RIDE</u></b>)&nbsp;doesn’t look like it’s about to take off anytime soon. Workhorse took a $136.6 million non-cash accounting charge last quarter owing to the decline in the market value of RIDE stock. RIDE stock declined over 40% in Q1 as the companyinflated its order book.</p>\n<p><b>I Believe I Can Fly</b></p>\n<p>To be fair, none of this sounds like a compelling long-term investment thesis. So, what else does Workhorse have going for it? Quite a lot, potentially, for patient investors.Workhorse’sHorsefly drone,designed for parcel delivery,is really the singular bull case for WKHS stock.</p>\n<p>Delivery drones sound futuristic. And there are safety and logistics concerns. But, companies are beginning to embrace the benefits of driver productivity and faster delivery. While a drone is making its delivery, the driver can get back into the driver’s seat and go on to his next delivery, improving efficiency. When the drone has completed its task, it locates the vehicle and returns to its roof portal, ready for its next delivery.</p>\n<p>The Horsefly, almost a decade in the making, has suffered critical quality issues, including poor navigation software and substandard construction. Now, it could finally be ready to take off.Theunmanned aircraft system (UAS)is currentlyundergoing Federal Aviation Administration certificationfollowinga formal applicationby Workhorse in October 2020.</p>\n<p>Its use is currently limited to situations where the operator can see the drone through the entire flight.But with certification potentially coming by year end or early 2022, its use case could change very quickly. Notably, during the company’s Q1 earnings call, management stated that they delivered their first HorseFly system to a commercial test customer.</p>\n<p><b>FedEx</b>(NYSE:<b><u>FDX</u></b>),<b>UPS</b>(NYSE:<b><u>UPS</u></b>) and<b>DHL</b>(OTCMKTS:<b><u>DPSGY</u></b>) have already announced interest in drone delivery. Amazon has already wonFAA approval for its Prime Air drone delivery fleet.<b>Walmart</b>(NYSE:<b><u>WMT</u></b>) announced this week aninvestment in DroneUp, an on-demand drone delivery network,followinga pilot last year withautomated deliveries of Covid-19 test kits. The retailer alsohas two other drone trials — one with Flytrex for groceries and essential items andanother with Zipline for health and wellness products.</p>\n<p><b>The Bottom Line on WKHS Stock</b></p>\n<p>Despite the recent stock surge, retail trading hype and promise of a drone-filled future, the fundamental narrative around WKHS stock hasn’t changed.Workhorse remains a speculative buy. But with the stock trading at 8x estimated 2022 sales, the valuation doesn’t look unreasonable in the context of broader EV sector valuations.</p>\n<p>For investors willing to see the long-term picture,WKHS has a legitimate shot at the last mile delivery segment, which is ideally suited for EVs, given the low maintenance costs and lower range related issues. Sometimes, good things come to those who wait.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Workhorse Is a Short-Term Loser That Can Still Be a Long-Term Winner</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\">\nWorkhorse Is a Short-Term Loser That Can Still Be a Long-Term Winner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 09:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/workhorse-wkhs-stock-is-due-for-a-comeback-eventually/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Workhorse(NASDAQ:WKHS) stock is making a comeback, up more than 80% in the past month. On the surface, things don’t look good. The company lost a $6 billion contract with the U.S. Postal Serviceto ...</p>\n\n<a href=\"https://investorplace.com/2021/06/workhorse-wkhs-stock-is-due-for-a-comeback-eventually/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"source_url":"https://investorplace.com/2021/06/workhorse-wkhs-stock-is-due-for-a-comeback-eventually/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168491065","content_text":"Workhorse(NASDAQ:WKHS) stock is making a comeback, up more than 80% in the past month. On the surface, things don’t look good. The company lost a $6 billion contract with the U.S. Postal Serviceto replace its aging fleet of delivery vehicles over ten years. Workhorse generated a mere $521,000 in revenues last quarter and delivered just6 trucks (okay, itproduced38). And, Cathie Wood, mother of technology growth investing, bailed on the stock. Yet,WKHS still stands at a market cap of $1.9 billion.\nFor retail investor bulls “HODLing” onReddit, there’s buzz around anew patent filing, hope of a short squeeze and a potential reversal of the contract award.\nUnfortunately, the odds of instant gratification are slim.But WKHS stock is absolutely still a buy. Here’s why.\nWKHS Stock: Rise and Fall\nFollowingTesla’s(NASDAQ:TSLA) meteoric rise last year (+510%), investors looking for the “next Tesla” have bid up smaller electric vehicle stocks, most of which have become public via SPACs (special purpose acquisition companies). Not surprisingly,Workhorse, which builds electrically powered delivery and utility vehicles targeted at last-mile delivery, has been a perennial retail investor favorite.\nTo some extent, the recent movement in WKHS stock is part of the broader rally in heavily shorted meme stocks. Redditor squeeze favorite AMC Entertainment(NYSE:AMC) has rocketed 121% in the past month. And, when it comes to being a prime squeeze candidate, WKHS stock has two key characteristics going for it. First,WKHS’ float of 114 million is much lower than other similar high-short interest stocks. Second, WKHS stock has an exceptionally high short interest, at 38% of the float.\nBut Workhorse wasn’t always just a short squeeze play. Back in August 2020, the company garnered investor attention for its appointment as one of three finalists for a$6 billion-plus contractto replace the U.S. Postal Service’s aging fleet of delivery trucks. Anticipation surrounding thisNext-Generation Delivery Vehicles (NGDV) contract fueled an almost 1,000% rally in the stock last year.\nUSPS: No Use Crying Over Spilled Milk\nUnfortunately, Workhorse’s fortunes reversed quickly in February of this year, when USPS announced it hadawardedthe entirety of the 10-year NGDV contract toOshkosh Defense(NYSE:OSK). A brutal plunge in the shares ensued. After hitting a high of over $40, shares collapsed to below $8. By May,Cathie Wood had liquidated the vast majority of her position.\nIt wasn’t just WKHS investors that didn’t take the USPS news well. Environmentalists and U.S. lawmakers were also upset, largely owing to the fact that only 10% of the Oshkosh contract consists of electric vehicles. In May,over 50 U.S. House Democratswrote a letter urging for a proposal that would allocate $8 billion for the electrification of the U.S. Postal Service fleet. Workhorse is expected to win a sizable piece of this new government contract.\nFor its part, Workhorse hasn’t sat idly by. The companyfiled a bid protest in the U.S. Court of Federal Claims, under seal, to block the procurement process that USPS awarded to Oshkosh.\nThis dust-up around USPS has galvanized anentire community of Reddit bulls hoping for a retail-led short squeeze and a reversal of the contract award.But, the best way to look at the stock is to forget the USPS drama and look ahead. If it sounds like a stretch to expect a $6 billion contract to be awarded to a company that booked just $377,000 in revenue the entire year before — that’s probably because it is.\nNumbers Still Matter\nEven if Workhorse manages to win an additional contract for the electrification of the USPS, there are considerable challenges ahead.\nFirst,Workhorse hasn’t manufactured or delivered trucks at scale.The company manufactured just six vehicles over the last quarter.Since the beginning of the year, the company has so far manufactured 38 of itsC-Series vans. While that’s still more than double the amount it produced in 2020, it’s a very small number.Making itstarget of 1,000 vehicles for the full year may also be a stretch owing to widely documented industry supply chain issues.\nSecond, while the companydoeshave other orders for its commercial vehicles, these are much, much smaller than the USPS contract. Workhorse’s largest wins are 1) acontract to supply roughly 6,320 vehicles to Pride Group Enterprises, a commercial vehicle rental company, and 2) another tosupply 500 vehicles to Pritchard Companies. Other high-profile announcements includeRyder System(NYSE:R), which announced a contract to place Workhorse C-1000 vehicles on itspeer-to-peer truck rental platform.  FedEx (NYSE:FDX)\nWhile the company says that it has orders for over 8,000 vehicles, it’s not clear thatthese orders willtranslate intoactual revenue. The deal with the Pride Group, for example, is dependent on demand for delivery vehicles from Pride Group’s end customers. That means the final number of vehicles delivered could be much smaller than the 6,320 announced in the press release.\nCompetition, Big and Small\nThird, if we’re honestly observing this market, it’s clear that the barriers to entry into the electric delivery vehicle space aren’t really high. Workhorse’s technology isn’t very differentiated and the company is likely to face a lot more competition as mainstream automakers includingDaimler(OTCMKTS:DMLRY),General Motors(NYSE:GM) andFord(NYSE:F), which also have plans to make commercial EVs.\nThese companies have considerable manufacturing scale as well as a broader customer base from which to potentially sell their EVs. Even other upstarts, such as privately held Rivan Automotive, are poised to gain traction, driven by big partnerships. For example,Amazon(NASDAQ:AMZN) has alreadystarted to use Rivan delivery vansin select locations. It plans to have as many as 100,000 vehicles on the road via this partnership within the next decade.\nFinally, Workhorse’s 10% equity stake in electric truck makerLordstown Motors(NASDAQ:RIDE) doesn’t look like it’s about to take off anytime soon. Workhorse took a $136.6 million non-cash accounting charge last quarter owing to the decline in the market value of RIDE stock. RIDE stock declined over 40% in Q1 as the companyinflated its order book.\nI Believe I Can Fly\nTo be fair, none of this sounds like a compelling long-term investment thesis. So, what else does Workhorse have going for it? Quite a lot, potentially, for patient investors.Workhorse’sHorsefly drone,designed for parcel delivery,is really the singular bull case for WKHS stock.\nDelivery drones sound futuristic. And there are safety and logistics concerns. But, companies are beginning to embrace the benefits of driver productivity and faster delivery. While a drone is making its delivery, the driver can get back into the driver’s seat and go on to his next delivery, improving efficiency. When the drone has completed its task, it locates the vehicle and returns to its roof portal, ready for its next delivery.\nThe Horsefly, almost a decade in the making, has suffered critical quality issues, including poor navigation software and substandard construction. Now, it could finally be ready to take off.Theunmanned aircraft system (UAS)is currentlyundergoing Federal Aviation Administration certificationfollowinga formal applicationby Workhorse in October 2020.\nIts use is currently limited to situations where the operator can see the drone through the entire flight.But with certification potentially coming by year end or early 2022, its use case could change very quickly. Notably, during the company’s Q1 earnings call, management stated that they delivered their first HorseFly system to a commercial test customer.\nFedEx(NYSE:FDX),UPS(NYSE:UPS) andDHL(OTCMKTS:DPSGY) have already announced interest in drone delivery. Amazon has already wonFAA approval for its Prime Air drone delivery fleet.Walmart(NYSE:WMT) announced this week aninvestment in DroneUp, an on-demand drone delivery network,followinga pilot last year withautomated deliveries of Covid-19 test kits. The retailer alsohas two other drone trials — one with Flytrex for groceries and essential items andanother with Zipline for health and wellness products.\nThe Bottom Line on WKHS Stock\nDespite the recent stock surge, retail trading hype and promise of a drone-filled future, the fundamental narrative around WKHS stock hasn’t changed.Workhorse remains a speculative buy. But with the stock trading at 8x estimated 2022 sales, the valuation doesn’t look unreasonable in the context of broader EV sector valuations.\nFor investors willing to see the long-term picture,WKHS has a legitimate shot at the last mile delivery segment, which is ideally suited for EVs, given the low maintenance costs and lower range related issues. Sometimes, good things come to those who wait.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127142862,"gmtCreate":1624841245156,"gmtModify":1703845827577,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575883294902160","authorIdStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127142862","repostId":"2146700256","repostType":4,"repost":{"id":"2146700256","kind":"news","pubTimestamp":1624837560,"share":"https://ttm.financial/m/news/2146700256?lang=&edition=fundamental","pubTime":"2021-06-28 07:46","market":"us","language":"en","title":"Daimler set to spin off truck unit by year end - report","url":"https://stock-news.laohu8.com/highlight/detail?id=2146700256","media":"StreetInsider","summary":"BERLIN (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's larges","content":"<p>BERLIN (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday.</p>\n<p>\"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as an independent company by the end of this year,\" CFO Harald Wilhelm told the Automobilwoche weekly.</p>\n<p>\"We are convinced of the industrial logic and benefits of the planned realignment of Daimler and the spin-off of Daimler Truck.\"</p>\n<p>The plan - announced in February - is aimed at increasing Daimler's investor appeal as a focused electric, luxury car business, as the Mercedes-Benz brand challenges Tesla Inc, Porsche, BMW and others.</p>\n<p>LBBW analyst Frank Biller told the magazine Daimler Truck could join the German DAX index of blue chip companies next March.</p>\n<p>In the truck market, Daimler faces traditional rivals such as Sweden's AB Volvo, Volkswagen AG unit Traton and Paccar Inc</p>\n<p>Under the planned spin-off, a significant majority stake in Daimler Truck would be distributed to Daimler shareholders.</p>\n<p>Daimler could not immediately be reached for comment outside normal business hours.</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>Daimler set to spin off truck unit by year end - report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nDaimler set to spin off truck unit by year end - report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609065><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BERLIN (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday.\n\"We...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609065\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDAIF":"戴姆勒汽车"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609065","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146700256","content_text":"BERLIN (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday.\n\"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as an independent company by the end of this year,\" CFO Harald Wilhelm told the Automobilwoche weekly.\n\"We are convinced of the industrial logic and benefits of the planned realignment of Daimler and the spin-off of Daimler Truck.\"\nThe plan - announced in February - is aimed at increasing Daimler's investor appeal as a focused electric, luxury car business, as the Mercedes-Benz brand challenges Tesla Inc, Porsche, BMW and others.\nLBBW analyst Frank Biller told the magazine Daimler Truck could join the German DAX index of blue chip companies next March.\nIn the truck market, Daimler faces traditional rivals such as Sweden's AB Volvo, Volkswagen AG unit Traton and Paccar Inc\nUnder the planned spin-off, a significant majority stake in Daimler Truck would be distributed to Daimler shareholders.\nDaimler could not immediately be reached for comment outside normal business hours.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122127281,"gmtCreate":1624606052243,"gmtModify":1703841561765,"author":{"id":"3575883294902160","authorId":"3575883294902160","name":"Heycolours","avatar":"https://static.tigerbbs.com/1ab50e5d4fa0f30820b59b0aa6535e13","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575883294902160","authorIdStr":"3575883294902160"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122127281","repostId":"2146021046","repostType":4,"repost":{"id":"2146021046","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":1624589404,"share":"https://ttm.financial/m/news/2146021046?lang=&edition=fundamental","pubTime":"2021-06-25 10:50","market":"fut","language":"en","title":"Bitcoin to become legal tender in El Salvador on Sept 7","url":"https://stock-news.laohu8.com/highlight/detail?id=2146021046","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on","content":"<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</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>Bitcoin to become legal tender in El Salvador on Sept 7</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\">\nBitcoin to become legal tender in El Salvador on Sept 7\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\">2021-06-25 10:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146021046","content_text":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.\nEl Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.\n\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.\nSalaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.\nEarlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.\nAccording to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}