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2021-07-29
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What's Going On With Sundial Growers (SNDL) Stock?
SanWin
2021-07-29
okY
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SanWin
2021-07-29
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Tilray has emerged as thesecond-most discussed stockon the WSB forum, as of Wednesday night.</p>\n<p>The latest weekly survey conducted by Benzinga showed that Sundial Growers was thesecond-most preferred cannabis stock, just behind Tilray, by traders for investment.</p>\n<p>About 14.4% of Sundial’s float is short, as per the latest available data from Yahoo! Finance.</p>\n<p><b>Price Action</b>: Sundial shares closed 8.1% higher in Wednesday’s trading session at $0.85.</p>","source":"lsy1606299360108","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>What's Going On With Sundial Growers (SNDL) Stock?</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\">\nWhat's Going On With Sundial Growers (SNDL) Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 14:07 GMT+8 <a href=https://www.benzinga.com/markets/cannabis/21/07/22214375/whats-going-on-with-sundial-growers-sndl-stock><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Canadian cannabis company Sundial Growers Inc.(NASDAQ:SNDL) closed more than 8% higher in Wednesday’s regular trading session.\nWhat Happened: While there was no company-specific news that ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/07/22214375/whats-going-on-with-sundial-growers-sndl-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","SNDL":"SNDL Inc."},"source_url":"https://www.benzinga.com/markets/cannabis/21/07/22214375/whats-going-on-with-sundial-growers-sndl-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162058545","content_text":"Shares of Canadian cannabis company Sundial Growers Inc.(NASDAQ:SNDL) closed more than 8% higher in Wednesday’s regular trading session.\nWhat Happened: While there was no company-specific news that contributed to the surge, Sundial’s shares seemed to rise in sympathy with peerTilray Inc.(NASDAQ:TLRY).\nTilray’s shares surged on Wednesday after the company reported a surprise profit for the fourth quarter, its first earnings results following its merger with rival Aphria Inc. in May.\nWhy It Matters:Sundial is seeing high interest from retail investors and is a frequently mentioned stock on Reddit’s r/WallStreetBets forum that has 10.7 million members. Tilray has emerged as thesecond-most discussed stockon the WSB forum, as of Wednesday night.\nThe latest weekly survey conducted by Benzinga showed that Sundial Growers was thesecond-most preferred cannabis stock, just behind Tilray, by traders for investment.\nAbout 14.4% of Sundial’s float is short, as per the latest available data from Yahoo! Finance.\nPrice Action: Sundial shares closed 8.1% higher in Wednesday’s trading session at $0.85.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808042194,"gmtCreate":1627547003818,"gmtModify":1703492089989,"author":{"id":"3577248594094332","authorId":"3577248594094332","authorIdStr":"3577248594094332","name":"SanWin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577248594094332"},"themes":[],"htmlText":"okY","listText":"okY","text":"okY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808042194","repostId":"1168291084","repostType":4,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808048683,"gmtCreate":1627546923042,"gmtModify":1703492087729,"author":{"id":"3577248594094332","authorId":"3577248594094332","authorIdStr":"3577248594094332","name":"SanWin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577248594094332"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808048683","repostId":"1139723875","repostType":4,"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":808048683,"gmtCreate":1627546923042,"gmtModify":1703492087729,"author":{"id":"3577248594094332","authorId":"3577248594094332","authorIdStr":"3577248594094332","name":"SanWin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577248594094332"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808048683","repostId":"1139723875","repostType":4,"repost":{"id":"1139723875","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":1627546480,"share":"https://ttm.financial/m/news/1139723875?lang=&edition=fundamental","pubTime":"2021-07-29 16:14","market":"us","language":"en","title":"Hot Chinese concept stocks continued to rebound in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1139723875","media":"Tiger Newspress","summary":"Hot Chinese concept stocks continue to rebound in premarket trading.Alibaba,JD.com, Pinduoduo,Baidu,DiDi Global,Nio,Xpeng Motors and Li Auto climbed between 3% and 5%.","content":"<p>Hot Chinese concept stocks continue to rebound in premarket trading.Alibaba,JD.com, Pinduoduo,Baidu,DiDi Global,Nio,Xpeng Motors and Li Auto climbed between 3% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/3dc6bb3705cde0480ddf762a452a7177\" tg-width=\"371\" tg-height=\"600\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese concept stocks continued to rebound in premarket 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\">\nHot Chinese concept stocks continued to rebound in premarket 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\">2021-07-29 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot Chinese concept stocks continue to rebound in premarket trading.Alibaba,JD.com, Pinduoduo,Baidu,DiDi Global,Nio,Xpeng Motors and Li Auto climbed between 3% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/3dc6bb3705cde0480ddf762a452a7177\" tg-width=\"371\" tg-height=\"600\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","PDD":"拼多多","BILI":"哔哩哔哩","BIDU":"百度","LI":"理想汽车","BABA":"阿里巴巴","NIO":"蔚来","DIDI":"滴滴(已退市)","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139723875","content_text":"Hot Chinese concept stocks continue to rebound in premarket trading.Alibaba,JD.com, Pinduoduo,Baidu,DiDi Global,Nio,Xpeng Motors and Li Auto climbed between 3% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808045972,"gmtCreate":1627547071296,"gmtModify":1703492091443,"author":{"id":"3577248594094332","authorId":"3577248594094332","authorIdStr":"3577248594094332","name":"SanWin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577248594094332"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808045972","repostId":"1162058545","repostType":4,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808042194,"gmtCreate":1627547003818,"gmtModify":1703492089989,"author":{"id":"3577248594094332","authorId":"3577248594094332","authorIdStr":"3577248594094332","name":"SanWin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577248594094332"},"themes":[],"htmlText":"okY","listText":"okY","text":"okY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808042194","repostId":"1168291084","repostType":4,"repost":{"id":"1168291084","pubTimestamp":1627539523,"share":"https://ttm.financial/m/news/1168291084?lang=&edition=fundamental","pubTime":"2021-07-29 14:18","market":"us","language":"en","title":"VW Raises Earnings Outlook Even as Chip Crunch Cuts Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=1168291084","media":"Bloomberg","summary":"Volkswagen AG lifted its earnings outlook after strong profits at its luxury-car brands helped to li","content":"<p>Volkswagen AG lifted its earnings outlook after strong profits at its luxury-car brands helped to limit the fallout from the global chip shortage, which forced it to cut expectations for deliveries this year.</p>\n<p>The automaker expects adjusted operating return on sales to rise to between 6% to 7.5%,raisingits outlook for a second time this year. Semiconductor scarcity will be more severe during the second half of the year, VW said, also highlighting risks from volatile commodity prices .</p>\n<p>“We have successfully contained the impacts of the semiconductor bottlenecks to date, although we anticipate somewhat more pronounced effects in the third quarter,” Chief Financial Officer Arno Antlitz said in a statement.</p>\n<p>VW is joining peers includingDaimler AGandStellantis NVwith robust results, bucking chip issues that have stymied manufacturing worldwide along with lingering restrictions related to the pandemic. Solid profits are pivotal to financing VW’s plans to phase out combustion engines and push into software, mobility services and automated driving features.</p>\n<p>Tesla Inc., which VW has vowed to unseat as the leading EV maker, has been picking up speed as well with eight straight quarters of profit and margins that dwarf those of incumbent rivals.</p>\n<p>VW’s adjusted operating profit of 11.4 billion euros ($13.5 billion) in the first six months was ahead of the 10 billion euros it reported in the same period of of 2019, before the pandemic hit. Faced with limitations on how many production lines they can keep running, automakers have shifted output to their most lucrative vehicles, and lower inventories are enabling manufactures to command higher prices.</p>\n<p>Automotive net cash flow climbed to around 10.2 billion euros, providing VW with robust financial muscle to finance investments.</p>\n<p>See: VW Buying Europcar for$3 Billionto Boost Mobility Services</p>\n<p>VW has lost production of a high six-digit number of vehicles so far due to the squeeze on chips, and the fallout on profit might become more pronounced in the coming months. The shortage hascontributedto a slow start for VW’s important ID.4 electric SUV in China, stoking concern about the company’s operations in its largest sales region.</p>\n<p>The carmaker in March mapped out plans to build six battery factories in Europe, alongside a slick presentation on battery technology and a model lineup of about 50 purely battery-powered vehicles by 2030. Investors have cheered the industry’s most comprehensive push to transition from combustion engines, bidding up VW’s common shares more than 60% this year.</p>\n<p>VW has budgeted 73 billion euros for electrification and digital offerings from this year through 2025, half of overall spending.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VW Raises Earnings Outlook Even as Chip Crunch Cuts 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\">\nVW Raises Earnings Outlook Even as Chip Crunch Cuts Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 14:18 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-29/vw-raises-earnings-outlook-as-chip-crunch-cuts-deliveries><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen AG lifted its earnings outlook after strong profits at its luxury-car brands helped to limit the fallout from the global chip shortage, which forced it to cut expectations for deliveries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-29/vw-raises-earnings-outlook-as-chip-crunch-cuts-deliveries\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VLKAY":"大众汽车"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-29/vw-raises-earnings-outlook-as-chip-crunch-cuts-deliveries","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168291084","content_text":"Volkswagen AG lifted its earnings outlook after strong profits at its luxury-car brands helped to limit the fallout from the global chip shortage, which forced it to cut expectations for deliveries this year.\nThe automaker expects adjusted operating return on sales to rise to between 6% to 7.5%,raisingits outlook for a second time this year. Semiconductor scarcity will be more severe during the second half of the year, VW said, also highlighting risks from volatile commodity prices .\n“We have successfully contained the impacts of the semiconductor bottlenecks to date, although we anticipate somewhat more pronounced effects in the third quarter,” Chief Financial Officer Arno Antlitz said in a statement.\nVW is joining peers includingDaimler AGandStellantis NVwith robust results, bucking chip issues that have stymied manufacturing worldwide along with lingering restrictions related to the pandemic. Solid profits are pivotal to financing VW’s plans to phase out combustion engines and push into software, mobility services and automated driving features.\nTesla Inc., which VW has vowed to unseat as the leading EV maker, has been picking up speed as well with eight straight quarters of profit and margins that dwarf those of incumbent rivals.\nVW’s adjusted operating profit of 11.4 billion euros ($13.5 billion) in the first six months was ahead of the 10 billion euros it reported in the same period of of 2019, before the pandemic hit. Faced with limitations on how many production lines they can keep running, automakers have shifted output to their most lucrative vehicles, and lower inventories are enabling manufactures to command higher prices.\nAutomotive net cash flow climbed to around 10.2 billion euros, providing VW with robust financial muscle to finance investments.\nSee: VW Buying Europcar for$3 Billionto Boost Mobility Services\nVW has lost production of a high six-digit number of vehicles so far due to the squeeze on chips, and the fallout on profit might become more pronounced in the coming months. The shortage hascontributedto a slow start for VW’s important ID.4 electric SUV in China, stoking concern about the company’s operations in its largest sales region.\nThe carmaker in March mapped out plans to build six battery factories in Europe, alongside a slick presentation on battery technology and a model lineup of about 50 purely battery-powered vehicles by 2030. Investors have cheered the industry’s most comprehensive push to transition from combustion engines, bidding up VW’s common shares more than 60% this year.\nVW has budgeted 73 billion euros for electrification and digital offerings from this year through 2025, half of overall spending.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
