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2021-07-24

Ali, Tencent, Bytedance all want to monopoly every trade. Beijing is coming hard on them

Tencent was ordered to remove the exclusive copyright of online music

2021-07-10

Many will not understand why regulator said huge user data collection cause national security issue. Just ask IT experts what can they do with the tens or hundreds million user data from one country. Today, all user smartphone apps & GPS are vulnerable to some degree of being hacked. Imagine if this attack is huge at one go, will it affect national security?

Sorry, the original content has been removed

2021-06-01

Yes. Time to take profit

Some hot Chinese concept stocks Skyrocketed

2021-07-07

Following soon by NIO listing

Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong

2021-07-04

Hackers always from other country.

Can Biden really protect Americans from the next crippling cyber attack?

2021-09-08

Hit and run

Here's Why Clover Health Soared on Tuesday

2021-06-21

VW group build up EV battery self supply to make big move in EV market by 2030.

Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report

2021-09-01

Supply chain issue and competition from auto manufacturers.

Nio shares fell more than 3% in premarket trading

2021-08-30

Up to the moon

Sorry, the original content has been removed

2021-08-02

Today profit taking?

Nio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know

2021-07-22

What is 100,000 compare to earning billions in a quater.

UBS hikes junior bankers' pay to US$100,000, following Wall Street rivals

2021-06-14

Wow!

A Meme Stock Is Born: How to Spot the Next Reddit Favorite

2021-07-20

High demand on chips.

GlobalFoundries to build New York factory, boost chip output

2021-06-25

Nice. First nation wide cryto ATMs. Who next?

Athena says will install 1,500 cryptocurrency ATMs in El Salvador

2021-06-12

New mode of transport, new tax revenue, new rules....

Microsoft and American Airlines-backed flying taxi startup to go public in new $5 billion blank-check wave

2021-06-06

Yes. Looking forward to it

Nio Begins Prepping For Nio Day 2021: What We Know So Far

2021-06-05

Can make money, who don't want to involve?

Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.

2021-05-29

Good

The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever

2021-05-29

Good

The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever

Go to Tiger App to see more news

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tested.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813047954","repostId":"2162263460","repostType":4,"repost":{"id":"2162263460","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":1630072218,"share":"https://ttm.financial/m/news/2162263460?lang=&edition=fundamental","pubTime":"2021-08-27 21:50","market":"us","language":"en","title":"Toyota halts all self-driving e-Palette vehicles after Olympic village accident","url":"https://stock-news.laohu8.com/highlight/detail?id=2162263460","media":"Reuters","summary":"Aug 27 (Reuters) - Toyota said on Friday it had suspended all self-driving e-Palette transportation ","content":"<p>Aug 27 (Reuters) - <a href=\"https://laohu8.com/S/TM\">Toyota</a> said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian.</p>\n<p>The e-Palette, a fully autonomous battery-electric vehicle, was adapted specifically for use during the Tokyo Olympic and Paralympic Games, with large doors and electric ramps to allow groups of athletes to board quickly.</p>\n<p>The company said it was cooperating with a local police probe to determine the cause of the accident, adding that it would also conduct its own investigation.</p>\n<p>Toyota said it would continue to coordinate closely with the Tokyo Organising Committee of the Olympic and Paralympic Games to prevent any further incidents.</p>\n<p>Paralympic Games organizers were not immediately available for comment.</p>\n<p>The 2020 Paralympic Games began on Tuesday in Tokyo, even as Japan struggles with its worst COVID-19 outbreak, with record daily cases and an overwhelmed medical system.</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>Toyota halts all self-driving e-Palette vehicles after Olympic village accident</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToyota halts all self-driving e-Palette vehicles after Olympic village accident\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\">2021-08-27 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 27 (Reuters) - <a href=\"https://laohu8.com/S/TM\">Toyota</a> said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian.</p>\n<p>The e-Palette, a fully autonomous battery-electric vehicle, was adapted specifically for use during the Tokyo Olympic and Paralympic Games, with large doors and electric ramps to allow groups of athletes to board quickly.</p>\n<p>The company said it was cooperating with a local police probe to determine the cause of the accident, adding that it would also conduct its own investigation.</p>\n<p>Toyota said it would continue to coordinate closely with the Tokyo Organising Committee of the Olympic and Paralympic Games to prevent any further incidents.</p>\n<p>Paralympic Games organizers were not immediately available for comment.</p>\n<p>The 2020 Paralympic Games began on Tuesday in Tokyo, even as Japan struggles with its worst COVID-19 outbreak, with record daily cases and an overwhelmed medical system.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162263460","content_text":"Aug 27 (Reuters) - Toyota said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian.\nThe e-Palette, a fully autonomous battery-electric vehicle, was adapted specifically for use during the Tokyo Olympic and Paralympic Games, with large doors and electric ramps to allow groups of athletes to board quickly.\nThe company said it was cooperating with a local police probe to determine the cause of the accident, adding that it would also conduct its own investigation.\nToyota said it would continue to coordinate closely with the Tokyo Organising Committee of the Olympic and Paralympic Games to prevent any further incidents.\nParalympic Games organizers were not immediately available for comment.\nThe 2020 Paralympic Games began on Tuesday in Tokyo, even as Japan struggles with its worst COVID-19 outbreak, with record daily cases and an overwhelmed medical system.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813045150,"gmtCreate":1630116604470,"gmtModify":1676530228688,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Diversified biz","listText":"Diversified biz","text":"Diversified biz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813045150","repostId":"1165379113","repostType":4,"repost":{"id":"1165379113","kind":"news","pubTimestamp":1630075265,"share":"https://ttm.financial/m/news/1165379113?lang=&edition=fundamental","pubTime":"2021-08-27 22:41","market":"us","language":"en","title":"Tesla Wants to Become an Electricity Retailer in Texas. What To Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165379113","media":"Barrons","summary":"A Tesla subsidiary has applied to become an electricity retailer in Texas, moving to widen the energ","content":"<p>A Tesla subsidiary has applied to become an electricity retailer in Texas, moving to widen the energy ambitions of Elon Musk’s electric-vehicle company in a state with a power grid that came under scrutiny after failing in a February winter storm.</p>\n<p>Tesla Energy Ventures, a subsidiary of Tesla formed in late July, wants to sell power directly to customers as a retail electricity provider, according to an August 16 filing with the Texas Public Utility Commission.</p>\n<p>Shares in Tesla were 0.6% higher in U.S. premarket trading on Friday, outpacing a rise in futures for the&nbsp;Nasdaq 100&nbsp;index, of which Tesla is a component.</p>\n<p>Tesla also intends to build two massive utility-scale batteries to serve power companies in the state, according to Texas Monthly,which first reported the news&nbsp;on Thursday and said that the filing could be approved by November.</p>\n<p>One of those batteries would reportedly be located at a gigafactory outside Austin, where the Cybertruck and Model Y SUV are slated to be built, with another located outside Houston,based on a report from Bloomberg.</p>\n<p>Texas’ deregulated power grid includes well over 100 companies selling to consumers. The state’s power system came under the spotlight this winter, when&nbsp;a February storm&nbsp;left millions without electricity for several days.</p>\n<p>Tesla hoped to enter the Texas power market earlier, before the widespread blackouts in February, according to the Texas Monthly report.</p>\n<p>The company has a history of building utility-scale power storage, with developments in California and Australia, but becoming an electricity retailer in Texas would be a significant milestone in the expansion of Tesla’s energy division.</p>\n<p>“I can’t emphasize enough, I think long term, Tesla Energy will be of roughly the same size as Tesla Automotive,” Musk told investors last summer, after the company’s second-quarter earnings in July 2020.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Wants to Become an Electricity Retailer in Texas. What To Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Wants to Become an Electricity Retailer in Texas. What To Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-wants-to-become-an-electricity-retailer-in-texas-what-to-know-51630066304?mod=hp_DAY_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A Tesla subsidiary has applied to become an electricity retailer in Texas, moving to widen the energy ambitions of Elon Musk’s electric-vehicle company in a state with a power grid that came under ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-wants-to-become-an-electricity-retailer-in-texas-what-to-know-51630066304?mod=hp_DAY_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-wants-to-become-an-electricity-retailer-in-texas-what-to-know-51630066304?mod=hp_DAY_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165379113","content_text":"A Tesla subsidiary has applied to become an electricity retailer in Texas, moving to widen the energy ambitions of Elon Musk’s electric-vehicle company in a state with a power grid that came under scrutiny after failing in a February winter storm.\nTesla Energy Ventures, a subsidiary of Tesla formed in late July, wants to sell power directly to customers as a retail electricity provider, according to an August 16 filing with the Texas Public Utility Commission.\nShares in Tesla were 0.6% higher in U.S. premarket trading on Friday, outpacing a rise in futures for the Nasdaq 100 index, of which Tesla is a component.\nTesla also intends to build two massive utility-scale batteries to serve power companies in the state, according to Texas Monthly,which first reported the news on Thursday and said that the filing could be approved by November.\nOne of those batteries would reportedly be located at a gigafactory outside Austin, where the Cybertruck and Model Y SUV are slated to be built, with another located outside Houston,based on a report from Bloomberg.\nTexas’ deregulated power grid includes well over 100 companies selling to consumers. The state’s power system came under the spotlight this winter, when a February storm left millions without electricity for several days.\nTesla hoped to enter the Texas power market earlier, before the widespread blackouts in February, according to the Texas Monthly report.\nThe company has a history of building utility-scale power storage, with developments in California and Australia, but becoming an electricity retailer in Texas would be a significant milestone in the expansion of Tesla’s energy division.\n“I can’t emphasize enough, I think long term, Tesla Energy will be of roughly the same size as Tesla Automotive,” Musk told investors last summer, after the company’s second-quarter earnings in July 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813041947,"gmtCreate":1630116402889,"gmtModify":1676530228579,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Take high risk for high return.&nbsp; Take time also.","listText":"Take high risk for high return.&nbsp; Take time also.","text":"Take high risk for high return. Take time also.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813041947","repostId":"2162602132","repostType":4,"repost":{"id":"2162602132","kind":"highlight","pubTimestamp":1630076857,"share":"https://ttm.financial/m/news/2162602132?lang=&edition=fundamental","pubTime":"2021-08-27 23:07","market":"us","language":"en","title":"Which Biotech Stock Will Shock the Market in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2162602132","media":"Motley Fool","summary":"Over the last few years, three tiny biotechs emerged out of nowhere to give amazing returns to early investors. Which biotech might pull off a similar feat in 2022?","content":"<p>In 2019, tiny&nbsp;<b><a href=\"https://laohu8.com/S/AXSM\">Axsome Therapeutics</a>&nbsp;</b>(NASDAQ:AXSM) emerged from micro-cap obscurity to become the best-performing stock in the market, rising by an amazing 3,600% in a year. In 2020, another tiny biotech,&nbsp;<b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a>&nbsp;</b>(NASDAQ:NVAX), came out of nowhere to stomp the stock market, with its share price skyrocketing by 2,700%. For most of 2021, yet another small biotech has been the top-performing stock in the market, as&nbsp;<b><a href=\"https://laohu8.com/S/SAVA\">Cassava Sciences Inc</a> </b>(NASDAQ:SAVA) jumped from under $7 a share in January to $123 a share on Aug. 24. (Whether it will keep its lead is another question, as the volatility is savage -- the stock is down to $52 as of Friday morning after news of a citizen petition against the company.)</p>\n<p>What's fascinating about the biotech sector in particular is how fast it moves. The sector is notorious for amazing price swings -- in either direction -- that can happen overnight. So why is that? Why are biotech stocks in particular so volatile? Why do they keep leading the market every year? And what biotech stock might -- repeat, <i>might&nbsp;</i>-- pull off this feat next year? Let's analyze why Axsome, Novavax, and Cassava zoomed higher over the last few years, and why I think <b><a href=\"https://laohu8.com/S/PIRS\">Pieris Pharmaceuticals</a> </b>(NASDAQ:PIRS) has a chance at a similar remarkable performance in 2022.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F638648%2Fgettyimages-108224060.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p>\n<h2>Biotech winners tend to start off tiny</h2>\n<p>The main reason these stocks were able to soar so impressively is that all three started with very tiny market caps. At the end of 2018, Axsome Therapeutics had a micro-cap valuation of $85 million. In 2019, Novavax stock fell to below $1, and the company had to do a 1-for-20 reverse split in order to keep its shares listed on the <b><a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a></b>. And at the beginning of 2020, Cassava had barely achieved small-cap status, with its market cap hovering at $240 million.</p>\n<p>So all three barn-burning stocks started off unloved by the market. Why does a biotech stock get so cheap? Probably the most common reason is the market believes the company's science is bad. Novavax, for instance, had a notable failure in its quest for a respiratory syncytial virus (RSV) vaccine. This clinical trial failure sent investors to the exits and sent the stock down into a crater in 2019, when it plunged to $4 a share (or $0.20 pre-split).</p>\n<p>Yet the market was spectacularly wrong about Novavax. While the company's RSV drug was a failure, Novavax had another drug in clinical trials, a flu vaccine. And this drug was a world-beater. It was flying through clinical trials, and it had defeated the market-leading flu vaccines from <b><a href=\"https://laohu8.com/S/SNY\">Sanofi SA</a></b>&nbsp;(NASDAQ:SNY) over and over again.</p>\n<p>In 2019, Novavax had the label of \"bad science,\" but the data for a different drug said otherwise. Sometimes companies with tiny market caps actually have compelling drugs that are performing exceptionally well in clinical trials. If you find such a company, you might want to buy some shares.</p>\n<h2>Is there enough money for a phase 3 trial?</h2>\n<p>That said, it's not enough just to have good science. Nobody is allowed to market their drugs to the public until that science has been validated in clinical trials and approved by the U.S. Food and Drug Administration -- and clinical trials cost a huge amount of money. Thus, before investing, it's important to determine whether the biotech has enough cash for a phase 3 trial. If the answer is \"no,\" the drug is stalled and won't go anywhere.</p>\n<p>Many unprofitable biotech companies finesse the money issue by collaborating with Big Pharma. When you see such a collaboration, you can have faith that there's enough cash for a phase 3 trial. However, these arrangements also often mean that the bigger pharmaceutical company acquires the rights to the molecule. And that can be like like selling off your future in order to pay the bills today.</p>\n<p>Interestingly, neither Axsome nor Novavax nor Cassava have an active collaboration with any big-pharma leaders. Instead, all three of these companies have elected to own 100% of the rights to their lead molecules. While the median expense for a phase 3 trial is $19 million, the numbers can vary dramatically, depending on how large the patient population is. I'd be nervous if a biotech had less than $100 million in cash (each of these has more). There's no question this independent approach is riskier, but also potentially a lot more rewarding.</p>\n<p>Biotech investors often like to see collaboration with Big Pharma -- it's a validation of the science, and it removes a lot of financial worries for small companies. But if you're chasing big rewards, you might want to look at biotech companies that are still independent (and have enough cash to stay that way).</p>\n<h2>Can Pieris pull off a miracle run in 2022?</h2>\n<p>Pieris stock is very cheap right now, with a $291 million valuation. (You know a stock is cheap when it could have a 10-bagger and still qualify as a small-cap!) Is the stock so cheap because its science is bad?</p>\n<p>It would probably be more accurate to say that Pieris' science is unproven. Like many unprofitable biotechs, Pieris doesn't have a drug in phase 3 trials yet. In fact, we're still waiting on positive phase 2 data. So it's early, and that's a danger sign. The reason Axsome, Novavax, and Cassava all skyrocketed is that all three companies made the journey from unproven drug to pivotal trials very quickly. Pieris is a few years away.</p>\n<p>Another major difference is that Pieris has signed multiple collaborative deals -- with <b>Roche</b>, <b>AstraZeneca</b>, and <b>Seagen</b>, among others. In <a href=\"https://laohu8.com/S/AONE.U\">one</a> sense that's good news, because it means that money for clinical trials isn't an issue for the company. Any drugs that work will make it to phase 3 trials and beyond. And all this collaboration adds confidence that the company is on the right track.</p>\n<p>Is Pieris sacrificing its future to pay for its present? In my opinion, no. While AstraZeneca now has rights to the company's asthma drug (its lead molecule), what makes Pieris such an exciting stock is not <a href=\"https://laohu8.com/S/AONE.U\">one</a> particular drug, but the company's entire platform. Pieris owns the rights to all the Anticalin proteins, and its library contains more than 100 billion of these new molecules. Anticalins are much smaller than antibodies, and as such can go where antibodies cannot. AstraZeneca paid big bucks for the rights to Pieris' asthma drug because that Anticalin molecule is small enough to go directly to the lung.</p>\n<p>I love the risk/reward equation for Pieris. If the company's drugs actually work -- we'll have data in that regard next year -- the stock will shoot much higher. Under its existing collaboration agreements, Pieris might make up to $9 billion if its Anticalin drugs reach certain milestones.&nbsp;But what will really make the stock take off is if/when other pharmaceutical players start making deals to add some of the company's Anticalin molecules to their pipelines.</p>\n<p>How do you value an entire new class of pharmaceuticals? Well, in 2019, worldwide sales for monoclonal antibodies (mAbs) totaled <i>$163 billion</i>. If Pieris' partners report any positive data on its Anticalin drugs next year, the upside for this stock is enormous.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Which Biotech Stock Will Shock the Market in 2022?</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\">\nWhich Biotech Stock Will Shock the Market in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/27/which-biotech-stock-will-shock-the-market-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In 2019, tiny Axsome Therapeutics (NASDAQ:AXSM) emerged from micro-cap obscurity to become the best-performing stock in the market, rising by an amazing 3,600% in a year. In 2020, another tiny biotech...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/which-biotech-stock-will-shock-the-market-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AXSM":"Axsome Therapeutics, Inc.","SAVA":"Cassava Sciences Inc","NVAX":"诺瓦瓦克斯医药","PIRS":"Pieris Pharmaceuticals, Inc."},"source_url":"https://www.fool.com/investing/2021/08/27/which-biotech-stock-will-shock-the-market-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162602132","content_text":"In 2019, tiny Axsome Therapeutics (NASDAQ:AXSM) emerged from micro-cap obscurity to become the best-performing stock in the market, rising by an amazing 3,600% in a year. In 2020, another tiny biotech, Novavax (NASDAQ:NVAX), came out of nowhere to stomp the stock market, with its share price skyrocketing by 2,700%. For most of 2021, yet another small biotech has been the top-performing stock in the market, as Cassava Sciences Inc (NASDAQ:SAVA) jumped from under $7 a share in January to $123 a share on Aug. 24. (Whether it will keep its lead is another question, as the volatility is savage -- the stock is down to $52 as of Friday morning after news of a citizen petition against the company.)\nWhat's fascinating about the biotech sector in particular is how fast it moves. The sector is notorious for amazing price swings -- in either direction -- that can happen overnight. So why is that? Why are biotech stocks in particular so volatile? Why do they keep leading the market every year? And what biotech stock might -- repeat, might -- pull off this feat next year? Let's analyze why Axsome, Novavax, and Cassava zoomed higher over the last few years, and why I think Pieris Pharmaceuticals (NASDAQ:PIRS) has a chance at a similar remarkable performance in 2022.\n\nBiotech winners tend to start off tiny\nThe main reason these stocks were able to soar so impressively is that all three started with very tiny market caps. At the end of 2018, Axsome Therapeutics had a micro-cap valuation of $85 million. In 2019, Novavax stock fell to below $1, and the company had to do a 1-for-20 reverse split in order to keep its shares listed on the Nasdaq. And at the beginning of 2020, Cassava had barely achieved small-cap status, with its market cap hovering at $240 million.\nSo all three barn-burning stocks started off unloved by the market. Why does a biotech stock get so cheap? Probably the most common reason is the market believes the company's science is bad. Novavax, for instance, had a notable failure in its quest for a respiratory syncytial virus (RSV) vaccine. This clinical trial failure sent investors to the exits and sent the stock down into a crater in 2019, when it plunged to $4 a share (or $0.20 pre-split).\nYet the market was spectacularly wrong about Novavax. While the company's RSV drug was a failure, Novavax had another drug in clinical trials, a flu vaccine. And this drug was a world-beater. It was flying through clinical trials, and it had defeated the market-leading flu vaccines from Sanofi SA (NASDAQ:SNY) over and over again.\nIn 2019, Novavax had the label of \"bad science,\" but the data for a different drug said otherwise. Sometimes companies with tiny market caps actually have compelling drugs that are performing exceptionally well in clinical trials. If you find such a company, you might want to buy some shares.\nIs there enough money for a phase 3 trial?\nThat said, it's not enough just to have good science. Nobody is allowed to market their drugs to the public until that science has been validated in clinical trials and approved by the U.S. Food and Drug Administration -- and clinical trials cost a huge amount of money. Thus, before investing, it's important to determine whether the biotech has enough cash for a phase 3 trial. If the answer is \"no,\" the drug is stalled and won't go anywhere.\nMany unprofitable biotech companies finesse the money issue by collaborating with Big Pharma. When you see such a collaboration, you can have faith that there's enough cash for a phase 3 trial. However, these arrangements also often mean that the bigger pharmaceutical company acquires the rights to the molecule. And that can be like like selling off your future in order to pay the bills today.\nInterestingly, neither Axsome nor Novavax nor Cassava have an active collaboration with any big-pharma leaders. Instead, all three of these companies have elected to own 100% of the rights to their lead molecules. While the median expense for a phase 3 trial is $19 million, the numbers can vary dramatically, depending on how large the patient population is. I'd be nervous if a biotech had less than $100 million in cash (each of these has more). There's no question this independent approach is riskier, but also potentially a lot more rewarding.\nBiotech investors often like to see collaboration with Big Pharma -- it's a validation of the science, and it removes a lot of financial worries for small companies. But if you're chasing big rewards, you might want to look at biotech companies that are still independent (and have enough cash to stay that way).\nCan Pieris pull off a miracle run in 2022?\nPieris stock is very cheap right now, with a $291 million valuation. (You know a stock is cheap when it could have a 10-bagger and still qualify as a small-cap!) Is the stock so cheap because its science is bad?\nIt would probably be more accurate to say that Pieris' science is unproven. Like many unprofitable biotechs, Pieris doesn't have a drug in phase 3 trials yet. In fact, we're still waiting on positive phase 2 data. So it's early, and that's a danger sign. The reason Axsome, Novavax, and Cassava all skyrocketed is that all three companies made the journey from unproven drug to pivotal trials very quickly. Pieris is a few years away.\nAnother major difference is that Pieris has signed multiple collaborative deals -- with Roche, AstraZeneca, and Seagen, among others. In one sense that's good news, because it means that money for clinical trials isn't an issue for the company. Any drugs that work will make it to phase 3 trials and beyond. And all this collaboration adds confidence that the company is on the right track.\nIs Pieris sacrificing its future to pay for its present? In my opinion, no. While AstraZeneca now has rights to the company's asthma drug (its lead molecule), what makes Pieris such an exciting stock is not one particular drug, but the company's entire platform. Pieris owns the rights to all the Anticalin proteins, and its library contains more than 100 billion of these new molecules. Anticalins are much smaller than antibodies, and as such can go where antibodies cannot. AstraZeneca paid big bucks for the rights to Pieris' asthma drug because that Anticalin molecule is small enough to go directly to the lung.\nI love the risk/reward equation for Pieris. If the company's drugs actually work -- we'll have data in that regard next year -- the stock will shoot much higher. Under its existing collaboration agreements, Pieris might make up to $9 billion if its Anticalin drugs reach certain milestones. But what will really make the stock take off is if/when other pharmaceutical players start making deals to add some of the company's Anticalin molecules to their pipelines.\nHow do you value an entire new class of pharmaceuticals? Well, in 2019, worldwide sales for monoclonal antibodies (mAbs) totaled $163 billion. If Pieris' partners report any positive data on its Anticalin drugs next year, the upside for this stock is enormous.","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837120723,"gmtCreate":1629866047862,"gmtModify":1676530156539,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Anti monopoly","listText":"Anti monopoly","text":"Anti monopoly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837120723","repostId":"2162035287","repostType":4,"repost":{"id":"2162035287","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":1629861840,"share":"https://ttm.financial/m/news/2162035287?lang=&edition=fundamental","pubTime":"2021-08-25 11:24","market":"us","language":"en","title":"S.Korea parliament committee votes to curb Google, Apple commission dominance","url":"https://stock-news.laohu8.com/highlight/detail?id=2162035287","media":"Reuters","summary":"SEOUL, Aug 25 (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recomme","content":"<p>SEOUL, Aug 25 (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.</p>\n<p>After the vote from the legislation and judiciary committee to amend the Telecommunications Business Act, dubbed the \"Anti-Google law,\" the amendment will come to a final vote in parliament.</p>\n<p>That vote could come on Wednesday&nbsp;although South Korean news agency Yonhap reported that parliament would act at a later date.</p>\n<p>A parliament official told Reuters the office had not yet received an official request not to hold the meeting on Wednesday.</p>\n<p>Apple Inc and Alphabet Inc's Google have both faced global criticism because they require software developers using their app stores to use proprietary payment systems that charge commissions of up to 30%.</p>\n<p>In a statement on Tuesday, Apple said the bill \"will put users who purchase digital goods from other sources at risk of fraud, undermine their privacy protections\", hurt user trust in App Store purchases and lead to fewer opportunities for South Korean developers.</p>\n<p>Wilson White, senior director of public policy at Google, said \"the rushed process hasn't allowed for enough analysis of the negative impact of this legislation on Korean consumers and app developers\".</p>\n<p>Based on South Korean parliament records, the amendment bans app store operators with dominant market positions from forcing payment systems on content providers and \"inappropriately\" delaying the review of, or deleting, mobile contents from app markets.</p>\n<p>It also allows the South Korean government to require an app market operator to \"prevent damage to users and protect the rights and interests of users\", probe app market operators, and mediate disputes regarding payment, cancellations or refunds in the app market.</p>\n<p>This month in the United States, a bipartisan group of senators introduced a bill that would rein in app stores of companies that they said exert too much market control, including Apple and Google.</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>S.Korea parliament committee votes to curb Google, Apple commission dominance</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\">\nS.Korea parliament committee votes to curb Google, Apple commission dominance\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\">2021-08-25 11:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, Aug 25 (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.</p>\n<p>After the vote from the legislation and judiciary committee to amend the Telecommunications Business Act, dubbed the \"Anti-Google law,\" the amendment will come to a final vote in parliament.</p>\n<p>That vote could come on Wednesday&nbsp;although South Korean news agency Yonhap reported that parliament would act at a later date.</p>\n<p>A parliament official told Reuters the office had not yet received an official request not to hold the meeting on Wednesday.</p>\n<p>Apple Inc and Alphabet Inc's Google have both faced global criticism because they require software developers using their app stores to use proprietary payment systems that charge commissions of up to 30%.</p>\n<p>In a statement on Tuesday, Apple said the bill \"will put users who purchase digital goods from other sources at risk of fraud, undermine their privacy protections\", hurt user trust in App Store purchases and lead to fewer opportunities for South Korean developers.</p>\n<p>Wilson White, senior director of public policy at Google, said \"the rushed process hasn't allowed for enough analysis of the negative impact of this legislation on Korean consumers and app developers\".</p>\n<p>Based on South Korean parliament records, the amendment bans app store operators with dominant market positions from forcing payment systems on content providers and \"inappropriately\" delaying the review of, or deleting, mobile contents from app markets.</p>\n<p>It also allows the South Korean government to require an app market operator to \"prevent damage to users and protect the rights and interests of users\", probe app market operators, and mediate disputes regarding payment, cancellations or refunds in the app market.</p>\n<p>This month in the United States, a bipartisan group of senators introduced a bill that would rein in app stores of companies that they said exert too much market control, including Apple and Google.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","MTCH":"Match Group, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162035287","content_text":"SEOUL, Aug 25 (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.\nAfter the vote from the legislation and judiciary committee to amend the Telecommunications Business Act, dubbed the \"Anti-Google law,\" the amendment will come to a final vote in parliament.\nThat vote could come on Wednesday although South Korean news agency Yonhap reported that parliament would act at a later date.\nA parliament official told Reuters the office had not yet received an official request not to hold the meeting on Wednesday.\nApple Inc and Alphabet Inc's Google have both faced global criticism because they require software developers using their app stores to use proprietary payment systems that charge commissions of up to 30%.\nIn a statement on Tuesday, Apple said the bill \"will put users who purchase digital goods from other sources at risk of fraud, undermine their privacy protections\", hurt user trust in App Store purchases and lead to fewer opportunities for South Korean developers.\nWilson White, senior director of public policy at Google, said \"the rushed process hasn't allowed for enough analysis of the negative impact of this legislation on Korean consumers and app developers\".\nBased on South Korean parliament records, the amendment bans app store operators with dominant market positions from forcing payment systems on content providers and \"inappropriately\" delaying the review of, or deleting, mobile contents from app markets.\nIt also allows the South Korean government to require an app market operator to \"prevent damage to users and protect the rights and interests of users\", probe app market operators, and mediate disputes regarding payment, cancellations or refunds in the app market.\nThis month in the United States, a bipartisan group of senators introduced a bill that would rein in app stores of companies that they said exert too much market control, including Apple and Google.","news_type":1},"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895813677,"gmtCreate":1628732883499,"gmtModify":1676529835272,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Antittrust issue has to be addressed","listText":"Antittrust issue has to be addressed","text":"Antittrust issue has to be addressed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895813677","repostId":"1114495301","repostType":4,"repost":{"id":"1114495301","kind":"news","pubTimestamp":1628728575,"share":"https://ttm.financial/m/news/1114495301?lang=&edition=fundamental","pubTime":"2021-08-12 08:36","market":"us","language":"en","title":"Apple’s hot antitrust autumn: Storm clouds are forming from multiple directions","url":"https://stock-news.laohu8.com/highlight/detail?id=1114495301","media":"Market Watch","summary":"With looming decision in Epic antitrust trial, legislation aimed at app stores and large app develop","content":"<p><i>With looming decision in Epic antitrust trial, legislation aimed at app stores and large app developers attacking Apple at every turn, iPhone maker has a tough road ahead.</i></p>\n<p>A decision in a landmark antitrust legal case could come by the end of the month, but that is far from the only concern bearing down on Apple Inc.</p>\n<p>Legal experts anticipate federal Judge Yvonne Gonzalez Rogers will side with <a href=\"https://laohu8.com/S/AAPL\">Apple</a> in its legal fight with Epic Games Inc., denying the “Fortnite” maker’s primary requests that it be allowed to sideload apps onto the App Store and operate a third-party payment system within the digital store. Rogers, however, could invoke unfair competition law in California, resulting in legal and legislative headaches down the road for Apple.</p>\n<p>The experts based their prognostications on Rogers’ line of questioning during closing arguments in May. Both sides are all but certain to appeal the decision, setting into motion what could be a yearslong process. Apple and Epic declined to comment.</p>\n<p>Federal regulators, state lawmakers, and legal experts are closely watching for where Gonzalez Rogers lands during what many agree could be a renaissance in antitrust law. The judge could focus on California law because it has been changed more in response to the rise of Big Tech and other companies in recent decades, while federal law has not, at least until current legislative efforts produced fruit.</p>\n<p>“We are at an inflection point, based on the president’s executive order on competitiveness, federal appointments, actions by European regulators, U.S. legislation and investigations, and private lawsuits,” Joel Mitnick, an antitrust expert and former FTC trial lawyer, told MarketWatch. “It is unlikely we come out of this period without some substantial changes.”</p>\n<p>While Rogers’ decision could spark a long appeals process, both houses in Congress are forging ahead with sweeping antitrust legislation with profound consequences for Apple, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’s Google, <a href=\"https://laohu8.com/S/FB\">Facebook</a>, and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>. Apple appears to be a major focus in the near term, however, with legislation introduced Wednesday that regulates app stores while competitors like Facebook, Tile, and <a href=\"https://laohu8.com/S/SPOT\">Spotify Technology S.A.</a>,&nbsp;publicly snipe at the iPhone maker.</p>\n<p>The Open App Markets Act in the Senate, designed to regulate app stores, backed by Sens. Richard Blumenthal, D-Conn., Klobuchar, and Marsha Blackburn, R-Tenn., all fierce and vocal critics of Big Tech, was announced Wednesday.</p>\n<p>“We have been looking at this issue case] for some time,” Blumenthal told MarketWatch. “The [Epic v. Apple] trial presented dramatic evidence, but did not fashion our legislation.”</p>\n<p>The Blumenthal-led bill is the latest in both houses of Congress to take on Big Tech. A package of bills from Rep. David Cicilline, D-R.I., could come up for a full House vote later this year as Cicilline, chairman of the Subcommittee on Antitrust, Commercial and Administrative Law, negotiates with California House members to gain their support for legislation that will affect some of the state’s largest companies — Apple, Alphabet, and Facebook.</p>\n<p>In the Senate, separate legislation led by Sen. Amy Klobuchar, D-Minn., would press for general antitrust reform rather than the sector-specific rules in the House bill on mergers and acquisitions, and dominant digital platforms with specific companies in mind. Klobuchar, chairwoman of the Subcommittee on Competition Policy, Antitrust, and Consumer Rights, is seeking bipartisan support for her legislation, which would come in addition to the app store bill.</p>\n<p>A spokesman for Klobuchar confirmed she is working on bills to go with a House antitrust package to rein in technology giants. The contours of the legislation would hew more closely to European regulatory law, shifting the burden of proof in antitrust cases to the defendant rather than the plaintiff. Klobuchar also seeks to expand resources and personnel for antitrust cases within the FTC and Justice Department.</p>\n<p>Revisions to antiquated antitrust law are essential to help shape it for the digital economy, legal scholars and consumer advocates contend. The rise of online platforms and stores have increasingly squeezed smaller competitors and stifled innovation, resulting in less choice for consumers.</p>\n<p>The push for legislation mirrors political and consumer pressure to more closely oversee the so-called GAFA of Big Tech — Google, Apple, Facebook, Amazon —whose power has expanded during the pandemic. The collective market value of the four companies is nearly $7 trillion.</p>\n<p>“Economies change. Antitrust law is out of date by a century,” said Andy Yen, CEO of Proton Technologies, one of the founding members of Coalition for App Fairness, an organization of more than 50 developers opposed to the app store policies of Apple and Google. Without new antitrust parameters, he added, federal agencies and courts “are bringing a knife to a gunfight” to enforce anticompetitive behavior.</p>\n<p>Coalition for App Fairness, whose other members include Epic and Spotify, has been working with federal and state legislators to address what they consider to be anticompetitive, suffocating business practices a the App Store and Google Play Store. The strain of investigations and lawsuits has often resulted in Big Tech rivals pointing fingers at one another, as Apple has done in criticizing the privacy and security flaws at Facebook. Facebook, in turn, ran an ad campaign in the spring ahead of changes to the iPhone operating system that defended personalized advertisements. The social network argued that targeted ads are vital to the success of small businesses, millions of which rely on Facebook.</p>\n<p>President Biden’s recent far-reaching executive order on antitrust and competition — coupled with the appointments of Lina Khan, considered by many the most progressive leader in FTC history, and Jonathan Kanter to lead the Justice Department’s antitrust division — underscore the seriousness of the administration, say financial experts.</p>\n<p>“There is a seismic shift in antitrust enforcement even though it is moving at a glacial pace,” Ed Mills, who covers antitrust legislation for Raymond James, told MarketWatch.</p>\n<p>Khan, in particular, bears watching. An outspoken critic of Big Tech, she has expressed a willingness to pursue cases such as one to cleave Instagram and WhatsApp from Facebook, that could lead to court cases. While previous FTC commissioners were content to seek settlements from companies, Khan desires judicial decisions that could spur legislation, Mills said.</p>\n<p>Khan is likely to affect Big Tech more profoundly than Kanter. She has rule-making authority on a five-member commission, isn’t afraid to flex political muscles, and has generally more freedom to operate, according to a people familiar with Apple’s legal strategy. Indeed, one of Khan’s first moves as FTC chair was greatly expanding her powers.</p>","source":"lsy1616996754749","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>Apple’s hot antitrust autumn: Storm clouds are forming from multiple directions </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\">\nApple’s hot antitrust autumn: Storm clouds are forming from multiple directions \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-12 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apples-hot-antitrust-autumn-storm-clouds-are-forming-from-multiple-directions-11628711809?mod=home-page><strong>Market Watch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With looming decision in Epic antitrust trial, legislation aimed at app stores and large app developers attacking Apple at every turn, iPhone maker has a tough road ahead.\nA decision in a landmark ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apples-hot-antitrust-autumn-storm-clouds-are-forming-from-multiple-directions-11628711809?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apples-hot-antitrust-autumn-storm-clouds-are-forming-from-multiple-directions-11628711809?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114495301","content_text":"With looming decision in Epic antitrust trial, legislation aimed at app stores and large app developers attacking Apple at every turn, iPhone maker has a tough road ahead.\nA decision in a landmark antitrust legal case could come by the end of the month, but that is far from the only concern bearing down on Apple Inc.\nLegal experts anticipate federal Judge Yvonne Gonzalez Rogers will side with Apple in its legal fight with Epic Games Inc., denying the “Fortnite” maker’s primary requests that it be allowed to sideload apps onto the App Store and operate a third-party payment system within the digital store. Rogers, however, could invoke unfair competition law in California, resulting in legal and legislative headaches down the road for Apple.\nThe experts based their prognostications on Rogers’ line of questioning during closing arguments in May. Both sides are all but certain to appeal the decision, setting into motion what could be a yearslong process. Apple and Epic declined to comment.\nFederal regulators, state lawmakers, and legal experts are closely watching for where Gonzalez Rogers lands during what many agree could be a renaissance in antitrust law. The judge could focus on California law because it has been changed more in response to the rise of Big Tech and other companies in recent decades, while federal law has not, at least until current legislative efforts produced fruit.\n“We are at an inflection point, based on the president’s executive order on competitiveness, federal appointments, actions by European regulators, U.S. legislation and investigations, and private lawsuits,” Joel Mitnick, an antitrust expert and former FTC trial lawyer, told MarketWatch. “It is unlikely we come out of this period without some substantial changes.”\nWhile Rogers’ decision could spark a long appeals process, both houses in Congress are forging ahead with sweeping antitrust legislation with profound consequences for Apple, Alphabet Inc.’s Google, Facebook, and Amazon.com. Apple appears to be a major focus in the near term, however, with legislation introduced Wednesday that regulates app stores while competitors like Facebook, Tile, and Spotify Technology S.A., publicly snipe at the iPhone maker.\nThe Open App Markets Act in the Senate, designed to regulate app stores, backed by Sens. Richard Blumenthal, D-Conn., Klobuchar, and Marsha Blackburn, R-Tenn., all fierce and vocal critics of Big Tech, was announced Wednesday.\n“We have been looking at this issue case] for some time,” Blumenthal told MarketWatch. “The [Epic v. Apple] trial presented dramatic evidence, but did not fashion our legislation.”\nThe Blumenthal-led bill is the latest in both houses of Congress to take on Big Tech. A package of bills from Rep. David Cicilline, D-R.I., could come up for a full House vote later this year as Cicilline, chairman of the Subcommittee on Antitrust, Commercial and Administrative Law, negotiates with California House members to gain their support for legislation that will affect some of the state’s largest companies — Apple, Alphabet, and Facebook.\nIn the Senate, separate legislation led by Sen. Amy Klobuchar, D-Minn., would press for general antitrust reform rather than the sector-specific rules in the House bill on mergers and acquisitions, and dominant digital platforms with specific companies in mind. Klobuchar, chairwoman of the Subcommittee on Competition Policy, Antitrust, and Consumer Rights, is seeking bipartisan support for her legislation, which would come in addition to the app store bill.\nA spokesman for Klobuchar confirmed she is working on bills to go with a House antitrust package to rein in technology giants. The contours of the legislation would hew more closely to European regulatory law, shifting the burden of proof in antitrust cases to the defendant rather than the plaintiff. Klobuchar also seeks to expand resources and personnel for antitrust cases within the FTC and Justice Department.\nRevisions to antiquated antitrust law are essential to help shape it for the digital economy, legal scholars and consumer advocates contend. The rise of online platforms and stores have increasingly squeezed smaller competitors and stifled innovation, resulting in less choice for consumers.\nThe push for legislation mirrors political and consumer pressure to more closely oversee the so-called GAFA of Big Tech — Google, Apple, Facebook, Amazon —whose power has expanded during the pandemic. The collective market value of the four companies is nearly $7 trillion.\n“Economies change. Antitrust law is out of date by a century,” said Andy Yen, CEO of Proton Technologies, one of the founding members of Coalition for App Fairness, an organization of more than 50 developers opposed to the app store policies of Apple and Google. Without new antitrust parameters, he added, federal agencies and courts “are bringing a knife to a gunfight” to enforce anticompetitive behavior.\nCoalition for App Fairness, whose other members include Epic and Spotify, has been working with federal and state legislators to address what they consider to be anticompetitive, suffocating business practices a the App Store and Google Play Store. The strain of investigations and lawsuits has often resulted in Big Tech rivals pointing fingers at one another, as Apple has done in criticizing the privacy and security flaws at Facebook. Facebook, in turn, ran an ad campaign in the spring ahead of changes to the iPhone operating system that defended personalized advertisements. The social network argued that targeted ads are vital to the success of small businesses, millions of which rely on Facebook.\nPresident Biden’s recent far-reaching executive order on antitrust and competition — coupled with the appointments of Lina Khan, considered by many the most progressive leader in FTC history, and Jonathan Kanter to lead the Justice Department’s antitrust division — underscore the seriousness of the administration, say financial experts.\n“There is a seismic shift in antitrust enforcement even though it is moving at a glacial pace,” Ed Mills, who covers antitrust legislation for Raymond James, told MarketWatch.\nKhan, in particular, bears watching. An outspoken critic of Big Tech, she has expressed a willingness to pursue cases such as one to cleave Instagram and WhatsApp from Facebook, that could lead to court cases. While previous FTC commissioners were content to seek settlements from companies, Khan desires judicial decisions that could spur legislation, Mills said.\nKhan is likely to affect Big Tech more profoundly than Kanter. She has rule-making authority on a five-member commission, isn’t afraid to flex political muscles, and has generally more freedom to operate, according to a people familiar with Apple’s legal strategy. Indeed, one of Khan’s first moves as FTC chair was greatly expanding her powers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807495705,"gmtCreate":1628048142007,"gmtModify":1703500253347,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Still not profitable after 22y.. will it survive again during cleantech era?","listText":"Still not profitable after 22y.. will it survive again during cleantech era?","text":"Still not profitable after 22y.. will it survive again during cleantech era?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807495705","repostId":"2156121733","repostType":4,"repost":{"id":"2156121733","kind":"news","pubTimestamp":1628038418,"share":"https://ttm.financial/m/news/2156121733?lang=&edition=fundamental","pubTime":"2021-08-04 08:53","market":"us","language":"en","title":"Plug Power Shows One Way to Survive Cleantech’s Booms and Busts","url":"https://stock-news.laohu8.com/highlight/detail?id=2156121733","media":"Bloomberg","summary":"How the fuel-cell maker managed to hang on in a turbulent investing environment.\nThe momentum behind","content":"<p>How the fuel-cell maker managed to hang on in a turbulent investing environment.</p>\n<p>The momentum behind cleantech stocks may be fading—again. For about a year, companies pushing to decarbonize and electrify the world captured the market’s imagination as never before. But now, as investors try to determine which companies can make it over the long run, they may want to consider the story of Plug Power Inc.</p>\n<p>The hydrogen fuel cell maker, based in a suburb of Albany, N.Y., has already survived boom-bust cycles that devastated many other cleantech companies. Its shares reached almost $150 in early 2000, then flirted with penny-stock status for much of the next two decades. The company changed management and adjusted its business strategy. Then, as investors’ appetite for climate-friendly technologies returned, Plug Power became a Wall Street darling again, with a market value that topped those of utility giants such as PG&amp;E Corp. and Consolidated Edison Inc. in early 2021.</p>\n<p>Plug Power’s renaissance was emblematic of a broader revival in the cleantech sector. As the cost of batteries and wind and solar power declined, new technologies became economically competitive. Tesla Inc.’s stock surged more than 700% in 2020, making it <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world’s most valuable companies. Funds tracked by BloombergNEF pumped more than $17 billion into climate-related startups last year, up from $1.4 billion a decade earlier.</p>\n<p>“I believe we’re in a growth phase—it’s not subsidy-driven, it’s really technology-driven,” says Craig Irwin, an analyst at Roth Capital Partners LLC, who’s recommended buying Plug Power shares since November 2019. “So there will be ups and downs on investor enthusiasm, but I expect fundamental growth out of several companies in this space.”</p>\n<p>Devastating droughts, fires, hurricanes, and heat waves drove Wall Street to embrace the reality of climate change. Just a few years ago, environmental, social, and governance investing, or ESG, was a niche play for many investors. But by late 2019, there was growing conviction that decarbonization and the transition away from fossil fuels were megatrends, not fads. “It’s a world where climate is in the news every day,” says Abe Yokell, a managing partner at Congruent Ventures, a venture capital firm with a focus on sustainability. “It has sunk in from a consumer- and corporate-risk perspective.”</p>\n<p>Plug, which hasn’t turned an annual profit in its almost 22 years as a public company, didn’t take this investor enthusiasm for granted. It raised about $3.28 billion through convertible note and stock offerings during 2020 and early 2021, and sold a 10% stake to South Korea’s SK Group for about $1.6 billion. In March it revealed an accounting error that forced it to restate financial results from 2018, 2019, and 2020 and disclose a material weakness in its financial controls. The stock was down 17% for the year through July 21.</p>\n<p><img src=\"https://static.tigerbbs.com/4b4962777425e6363a0e2d140fa65d4a\" tg-width=\"953\" tg-height=\"538\" width=\"100%\" height=\"auto\"></p>\n<p>PLUG POWER WAS BORN in 1997, the same year the Kyoto Protocol was adopted to fight global warming. But Plug’s founders were more focused on another emerging business threat: electricity deregulation.</p>\n<p>California had just opened its electricity market to more competition, and Enron Corp. was pushing other states to do the same. <a href=\"https://laohu8.com/S/DTB\">DTE Energy Co</a>., whose electric utility serves Detroit, wanted a backup plan in case Michigan’s market was also deregulated and new power plant operators moved in to compete, says Tony Earley, DTE’s president at the time. So DTE formed a joint venture with Albany-based <a href=\"https://laohu8.com/S/MKTY\">Mechanical Technology Inc.</a> to develop fuel cells and named it Plug Power. General Electric Co. was an early investor. Earley joined the company’s board.</p>\n<p>Plug’s initial idea was to sell fuel cells for homes. The devices, which produce electricity through an electrochemical reaction instead of combustion, had been around for years but never found a viable market. Plug’s fuel cells, powered by natural gas from DTE, would be able to supply houses with both electricity and heat.</p>\n<p>The concept quickly ran into problems, Earley says. Natural gas prices rose sharply in the early 2000s, making Plug’s proposed at-home generation uneconomical. Manufacturing costs were too high. And Plug’s gas-powered cells didn’t look like a climate change solution. Although cleaner than combustion engines, they still produced carbon dioxide.</p>\n<p>“As the environmental movement gained speed, they were not wild about this technology,” Earley says. “It was just a different way of dumping carbon into the atmosphere.”</p>\n<p>When Andy Marsh joined Plug as chief executive officer in 2008, venture capital interest in cleantech was booming. But Plug was still trying to figure out how to turn its technology into a marketable product. Marsh, who’d just sold a company he founded after spending almost 18 years at the fabled Bell Labs, was hired to do exactly that. He arrived to find Plug exploring “six or seven” applications for its technology, with no obvious winner.</p>\n<p>“Most people I talked to, it was, ‘Gee whiz, this is really neat, really cool,’ ” says Marsh. “And then you’d ask, ‘Why would you buy it?’ And there was never a clear description.”</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> contenders stood out: using fuel cells to power forklifts and material-handling equipment in warehouses, and attaching cells to mobile phone towers in remote locations. Plug Power installed about 25 such phone tower systems in India, using propane for fuel. But people kept stealing the propane, and suppliers often delivered substandard fuel. The warehouse idea, with Walmart Inc. doing a demonstration project, seemed more solid. By 2010, it became Plug’s main business.</p>\n<p>“The reason we focused on material handling was because we could really write down a value proposition,” Marsh says. “We could see how we could save customers money.”</p>\n<p>Plug’s fuel cells have always run on hydrogen, even the ones designed to power people’s homes 20 years ago. But those residential fuel cells contained a component called a reformer that stripped out the hydrogen from the natural gas. If you’re fueling a forklift, you don’t want or need a reformer—they take up space and add complexity without providing any benefit. It’s easier to deliver hydrogen to where the forklifts will be used and run them on that.</p>\n<p>“It’s a much more simple application, so that helps us with efficiency, it helps with up time, it helps with cost,” says Teal Hoyos, Plug Power’s director of marketing and communications. Phasing out fossil fuel wasn’t the primary goal in the shift to pure hydrogen, she says—but now, of course, it’s one of Plug’s big selling points.</p>\n<p>By 2010 the cleantech bubble had burst. Venture capitalists used to the quick turnaround of traditional tech investments became impatient. Nancy Pfund, founder and managing partner of DBL Partners and an early Tesla Inc. investor, describes such investors as drive-bys, saying there was a “tourist quality” to cleantech investing at the time.</p>\n<p>“I hope it’s gone,” Pfund says. “It feels like the challenge is more evident and serious. The amount of people betting their careers on climate change is at an all-time high. In that sense, it’s very different than 10 to 15 years ago.”</p>\n<p>Government support and political polarization were complicating factors. Although U.S. backing helped some cleantech companies get off the ground, it also added a tinge of politics that continues to shadow the sector. To critics of renewable energy, the 2011 bankruptcy of Solyndra LLC—a Fremont, Calif., manufacturer that had snagged a $535 million federal loan guarantee during the Obama administration—branded the industry as dependent on progressive politics and noncompetitive on its own.</p>\n<p>PLUG’S DECISION TO FOCUS on forklifts created a steady stream of revenue that rose almost every year. Last summer it made a big bet that helped send its stock soaring.</p>\n<p>Plug bought two companies: one that distributes hydrogen, and another that makes electrolyzers, devices that strip the hydrogen from water. Marsh said the company would become a supplier of “green” hydrogen, meaning it would use renewable power to create the hydrogen. Governments around the world have identified green hydrogen as an environmentally friendly solution to powering manufacturing and other industries that rely on fossil fuels. Plug’s stock closed at $5.57 the day before the deals were announced. Seven months later, it briefly topped $70. QuickTake: Why Hydrogen is the Hottest Thing in Green Energy</p>\n<p>The company’s mass manufacturing process has differentiated it from rivals that are making bespoke fuel cells, according to Jeff Osborne, managing director and senior analyst covering sustainability and mobility technology at Cowen &amp; Co. in Stamford, Conn. “Plug has really perfected the high-volume manufacturing of a very repeatable product,” says Osborne, who’s rated the stock “outperform” since at least 2014. For cleantech, “that’s been the global turning point—that the industry can stand on its own two feet.”</p>\n<p>Not everyone is convinced. In January, short seller Kerrisdale Capital Management LLC issued a dismissive report on Plug Power that said the process of making, storing, and transporting hydrogen was too inherently inefficient for the hydrogen economy to ever take off. It also questioned the lofty valuation of a company that still relies on forklift sales.</p>\n<p>As an industry, cleantech remains vulnerable to investor disillusionment. A key difference this time is in the economics. “There’s just no denying that the market fundamentals are different,” says Emily Kirsch, founder and managing partner of <a href=\"https://laohu8.com/S/PVL.AU\">Powerhouse Ventures</a>, a clean-energy and mobility venture fund.</p>\n<p>Because big solar and wind power farms require space, they’re springing up in rural areas, where the new technologies are creating jobs and winning support.</p>\n<p>One sign that cleantech is maturing: The failure of a single technology or business is less likely to be viewed as a sign that the broader industry will never generate reliable returns for investors.</p>\n<p>Plug Power has survived for more than 20 years by adapting to the market and by pivoting from residential to commercial customers, from natural gas to green hydrogen, and from a focus on energy deregulation to a climate and sustainability business proposition. Marsh says he’s just glad that enough of Plug’s people stuck around through the difficult years to reach the point where its technology may finally take off.</p>\n<p>“Thank God these guys didn’t quit,” he says.</p>\n<p>Baker and Eckhouse cover power and renewable energy for Bloomberg News in San Francisco and Los Angeles.</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>Plug Power Shows One Way to Survive Cleantech’s Booms and Busts</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\">\nPlug Power Shows One Way to Survive Cleantech’s Booms and Busts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/plug-power-s-wild-ride-through-cleantech-s-booms-and-busts?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>How the fuel-cell maker managed to hang on in a turbulent investing environment.\nThe momentum behind cleantech stocks may be fading—again. For about a year, companies pushing to decarbonize and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/plug-power-s-wild-ride-through-cleantech-s-booms-and-busts?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/plug-power-s-wild-ride-through-cleantech-s-booms-and-busts?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156121733","content_text":"How the fuel-cell maker managed to hang on in a turbulent investing environment.\nThe momentum behind cleantech stocks may be fading—again. For about a year, companies pushing to decarbonize and electrify the world captured the market’s imagination as never before. But now, as investors try to determine which companies can make it over the long run, they may want to consider the story of Plug Power Inc.\nThe hydrogen fuel cell maker, based in a suburb of Albany, N.Y., has already survived boom-bust cycles that devastated many other cleantech companies. Its shares reached almost $150 in early 2000, then flirted with penny-stock status for much of the next two decades. The company changed management and adjusted its business strategy. Then, as investors’ appetite for climate-friendly technologies returned, Plug Power became a Wall Street darling again, with a market value that topped those of utility giants such as PG&E Corp. and Consolidated Edison Inc. in early 2021.\nPlug Power’s renaissance was emblematic of a broader revival in the cleantech sector. As the cost of batteries and wind and solar power declined, new technologies became economically competitive. Tesla Inc.’s stock surged more than 700% in 2020, making it one of the world’s most valuable companies. Funds tracked by BloombergNEF pumped more than $17 billion into climate-related startups last year, up from $1.4 billion a decade earlier.\n“I believe we’re in a growth phase—it’s not subsidy-driven, it’s really technology-driven,” says Craig Irwin, an analyst at Roth Capital Partners LLC, who’s recommended buying Plug Power shares since November 2019. “So there will be ups and downs on investor enthusiasm, but I expect fundamental growth out of several companies in this space.”\nDevastating droughts, fires, hurricanes, and heat waves drove Wall Street to embrace the reality of climate change. Just a few years ago, environmental, social, and governance investing, or ESG, was a niche play for many investors. But by late 2019, there was growing conviction that decarbonization and the transition away from fossil fuels were megatrends, not fads. “It’s a world where climate is in the news every day,” says Abe Yokell, a managing partner at Congruent Ventures, a venture capital firm with a focus on sustainability. “It has sunk in from a consumer- and corporate-risk perspective.”\nPlug, which hasn’t turned an annual profit in its almost 22 years as a public company, didn’t take this investor enthusiasm for granted. It raised about $3.28 billion through convertible note and stock offerings during 2020 and early 2021, and sold a 10% stake to South Korea’s SK Group for about $1.6 billion. In March it revealed an accounting error that forced it to restate financial results from 2018, 2019, and 2020 and disclose a material weakness in its financial controls. The stock was down 17% for the year through July 21.\n\nPLUG POWER WAS BORN in 1997, the same year the Kyoto Protocol was adopted to fight global warming. But Plug’s founders were more focused on another emerging business threat: electricity deregulation.\nCalifornia had just opened its electricity market to more competition, and Enron Corp. was pushing other states to do the same. DTE Energy Co., whose electric utility serves Detroit, wanted a backup plan in case Michigan’s market was also deregulated and new power plant operators moved in to compete, says Tony Earley, DTE’s president at the time. So DTE formed a joint venture with Albany-based Mechanical Technology Inc. to develop fuel cells and named it Plug Power. General Electric Co. was an early investor. Earley joined the company’s board.\nPlug’s initial idea was to sell fuel cells for homes. The devices, which produce electricity through an electrochemical reaction instead of combustion, had been around for years but never found a viable market. Plug’s fuel cells, powered by natural gas from DTE, would be able to supply houses with both electricity and heat.\nThe concept quickly ran into problems, Earley says. Natural gas prices rose sharply in the early 2000s, making Plug’s proposed at-home generation uneconomical. Manufacturing costs were too high. And Plug’s gas-powered cells didn’t look like a climate change solution. Although cleaner than combustion engines, they still produced carbon dioxide.\n“As the environmental movement gained speed, they were not wild about this technology,” Earley says. “It was just a different way of dumping carbon into the atmosphere.”\nWhen Andy Marsh joined Plug as chief executive officer in 2008, venture capital interest in cleantech was booming. But Plug was still trying to figure out how to turn its technology into a marketable product. Marsh, who’d just sold a company he founded after spending almost 18 years at the fabled Bell Labs, was hired to do exactly that. He arrived to find Plug exploring “six or seven” applications for its technology, with no obvious winner.\n“Most people I talked to, it was, ‘Gee whiz, this is really neat, really cool,’ ” says Marsh. “And then you’d ask, ‘Why would you buy it?’ And there was never a clear description.”\nTwo contenders stood out: using fuel cells to power forklifts and material-handling equipment in warehouses, and attaching cells to mobile phone towers in remote locations. Plug Power installed about 25 such phone tower systems in India, using propane for fuel. But people kept stealing the propane, and suppliers often delivered substandard fuel. The warehouse idea, with Walmart Inc. doing a demonstration project, seemed more solid. By 2010, it became Plug’s main business.\n“The reason we focused on material handling was because we could really write down a value proposition,” Marsh says. “We could see how we could save customers money.”\nPlug’s fuel cells have always run on hydrogen, even the ones designed to power people’s homes 20 years ago. But those residential fuel cells contained a component called a reformer that stripped out the hydrogen from the natural gas. If you’re fueling a forklift, you don’t want or need a reformer—they take up space and add complexity without providing any benefit. It’s easier to deliver hydrogen to where the forklifts will be used and run them on that.\n“It’s a much more simple application, so that helps us with efficiency, it helps with up time, it helps with cost,” says Teal Hoyos, Plug Power’s director of marketing and communications. Phasing out fossil fuel wasn’t the primary goal in the shift to pure hydrogen, she says—but now, of course, it’s one of Plug’s big selling points.\nBy 2010 the cleantech bubble had burst. Venture capitalists used to the quick turnaround of traditional tech investments became impatient. Nancy Pfund, founder and managing partner of DBL Partners and an early Tesla Inc. investor, describes such investors as drive-bys, saying there was a “tourist quality” to cleantech investing at the time.\n“I hope it’s gone,” Pfund says. “It feels like the challenge is more evident and serious. The amount of people betting their careers on climate change is at an all-time high. In that sense, it’s very different than 10 to 15 years ago.”\nGovernment support and political polarization were complicating factors. Although U.S. backing helped some cleantech companies get off the ground, it also added a tinge of politics that continues to shadow the sector. To critics of renewable energy, the 2011 bankruptcy of Solyndra LLC—a Fremont, Calif., manufacturer that had snagged a $535 million federal loan guarantee during the Obama administration—branded the industry as dependent on progressive politics and noncompetitive on its own.\nPLUG’S DECISION TO FOCUS on forklifts created a steady stream of revenue that rose almost every year. Last summer it made a big bet that helped send its stock soaring.\nPlug bought two companies: one that distributes hydrogen, and another that makes electrolyzers, devices that strip the hydrogen from water. Marsh said the company would become a supplier of “green” hydrogen, meaning it would use renewable power to create the hydrogen. Governments around the world have identified green hydrogen as an environmentally friendly solution to powering manufacturing and other industries that rely on fossil fuels. Plug’s stock closed at $5.57 the day before the deals were announced. Seven months later, it briefly topped $70. QuickTake: Why Hydrogen is the Hottest Thing in Green Energy\nThe company’s mass manufacturing process has differentiated it from rivals that are making bespoke fuel cells, according to Jeff Osborne, managing director and senior analyst covering sustainability and mobility technology at Cowen & Co. in Stamford, Conn. “Plug has really perfected the high-volume manufacturing of a very repeatable product,” says Osborne, who’s rated the stock “outperform” since at least 2014. For cleantech, “that’s been the global turning point—that the industry can stand on its own two feet.”\nNot everyone is convinced. In January, short seller Kerrisdale Capital Management LLC issued a dismissive report on Plug Power that said the process of making, storing, and transporting hydrogen was too inherently inefficient for the hydrogen economy to ever take off. It also questioned the lofty valuation of a company that still relies on forklift sales.\nAs an industry, cleantech remains vulnerable to investor disillusionment. A key difference this time is in the economics. “There’s just no denying that the market fundamentals are different,” says Emily Kirsch, founder and managing partner of Powerhouse Ventures, a clean-energy and mobility venture fund.\nBecause big solar and wind power farms require space, they’re springing up in rural areas, where the new technologies are creating jobs and winning support.\nOne sign that cleantech is maturing: The failure of a single technology or business is less likely to be viewed as a sign that the broader industry will never generate reliable returns for investors.\nPlug Power has survived for more than 20 years by adapting to the market and by pivoting from residential to commercial customers, from natural gas to green hydrogen, and from a focus on energy deregulation to a climate and sustainability business proposition. Marsh says he’s just glad that enough of Plug’s people stuck around through the difficult years to reach the point where its technology may finally take off.\n“Thank God these guys didn’t quit,” he says.\nBaker and Eckhouse cover power and renewable energy for Bloomberg News in San Francisco and Los Angeles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805426370,"gmtCreate":1627900949790,"gmtModify":1703497480660,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Today profit taking?","listText":"Today profit taking?","text":"Today profit taking?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805426370","repostId":"1182813200","repostType":4,"repost":{"id":"1182813200","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627895447,"share":"https://ttm.financial/m/news/1182813200?lang=&edition=fundamental","pubTime":"2021-08-02 17:10","market":"us","language":"en","title":"Nio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1182813200","media":"Benzinga","summary":"U.S.-listed Chinese electric vehicle makerNio IncNIO 0.06%deliveries more than doubled in the month ","content":"<p>U.S.-listed Chinese electric vehicle maker<b>Nio Inc</b>NIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but&nbsp;fell short of homegrown peers&nbsp;<b>Xpeng Inc</b>&nbsp;XPEV 0.2%&nbsp;and&nbsp;<b>Li Auto</b>&nbsp;LI.</p>\n<p><b>What Happened:</b>&nbsp;The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but&nbsp;a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.</p>\n<p>The split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.</p>\n<p>The company has cumulatively delivered 125,528 vehicles as of July.</p>\n<p>Rival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.</p>\n<p><b>Why It Matters:</b>&nbsp;In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.</p>\n<p>Despite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.</p>\n<p>For Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such as<b>Tesla Inc</b>TSLAand<b>Volkswagen AG</b>VWAGY. The company aims to begin deliveries in Norway from September.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 4.83% higher at $44.68 on Friday.</p>\n<p>Nio shares&nbsp;fell&nbsp;over&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;at&nbsp;the&nbsp;same&nbsp;time,&nbsp;<b>Li Auto</b>&nbsp;and&nbsp;<b>Xpeng Inc</b>&nbsp;rose&nbsp;over&nbsp;4%&nbsp;.<img src=\"https://static.tigerbbs.com/2873ab006d0e3a4be6d8d97aebb351d3\" tg-width=\"306\" tg-height=\"128\" width=\"100%\" height=\"auto\"></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>Nio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-02 17:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S.-listed Chinese electric vehicle maker<b>Nio Inc</b>NIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but&nbsp;fell short of homegrown peers&nbsp;<b>Xpeng Inc</b>&nbsp;XPEV 0.2%&nbsp;and&nbsp;<b>Li Auto</b>&nbsp;LI.</p>\n<p><b>What Happened:</b>&nbsp;The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but&nbsp;a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.</p>\n<p>The split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.</p>\n<p>The company has cumulatively delivered 125,528 vehicles as of July.</p>\n<p>Rival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.</p>\n<p><b>Why It Matters:</b>&nbsp;In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.</p>\n<p>Despite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.</p>\n<p>For Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such as<b>Tesla Inc</b>TSLAand<b>Volkswagen AG</b>VWAGY. The company aims to begin deliveries in Norway from September.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 4.83% higher at $44.68 on Friday.</p>\n<p>Nio shares&nbsp;fell&nbsp;over&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;at&nbsp;the&nbsp;same&nbsp;time,&nbsp;<b>Li Auto</b>&nbsp;and&nbsp;<b>Xpeng Inc</b>&nbsp;rose&nbsp;over&nbsp;4%&nbsp;.<img src=\"https://static.tigerbbs.com/2873ab006d0e3a4be6d8d97aebb351d3\" tg-width=\"306\" tg-height=\"128\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182813200","content_text":"U.S.-listed Chinese electric vehicle makerNio IncNIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but fell short of homegrown peers Xpeng Inc XPEV 0.2% and Li Auto LI.\nWhat Happened: The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.\nThe split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.\nThe company has cumulatively delivered 125,528 vehicles as of July.\nRival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.\nWhy It Matters: In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.\nDespite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.\nFor Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such asTesla IncTSLAandVolkswagen AGVWAGY. The company aims to begin deliveries in Norway from September.\nPrice Action: Nio shares closed 4.83% higher at $44.68 on Friday.\nNio shares fell over 1% in premarket trading, at the same time, Li Auto and Xpeng Inc rose over 4% .","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809137530,"gmtCreate":1627351722720,"gmtModify":1703488155573,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Of ourse not declare. Otherwise need to loan again.&nbsp;","listText":"Of ourse not declare. Otherwise need to loan again.&nbsp;","text":"Of ourse not declare. Otherwise need to loan again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809137530","repostId":"1111466962","repostType":4,"repost":{"id":"1111466962","kind":"news","pubTimestamp":1627348887,"share":"https://ttm.financial/m/news/1111466962?lang=&edition=fundamental","pubTime":"2021-07-27 09:21","market":"us","language":"en","title":"Evergrande Board Decides Not to Declare Special Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=1111466962","media":"Bloomberg","summary":"China Evergrande Group decided against declaring a special dividend, as the debt-laden developer fac","content":"<p>China Evergrande Group&nbsp;decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.</p>\n<p>The board decided to cancel the special dividend proposal, according to a statement to Hong Kong stock exchange on Tuesday. It took into consideration the current market environment, the rights of the shareholders and creditors, and the long-term development of businesses, it said.</p>\n<p>Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. The world’s most indebted developer has struggled to reassure the market that it has ample ammunition to make good on its borrowings while also countering short-sellers. The builder’s credit rating was cut by S&amp;P Global Ratings late Monday, the third downgrade by a global firm in about a month.</p>\n<p>The decision to forgo the reward to shareholders comes as a surprise. Analysts had earlier reckoned Evergrande may take one of three routes: a cash dividend, a stock dividend or handing out shares in its higher-value listed subsidiaries.</p>\n<p>The last time Evergrande doled out a special dividend, in 2018, its earnings were soaring, though bearish bets abounded then too. It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.</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>Evergrande Board Decides Not to Declare Special Dividend</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\">\nEvergrande Board Decides Not to Declare Special Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111466962","content_text":"China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to cancel the special dividend proposal, according to a statement to Hong Kong stock exchange on Tuesday. It took into consideration the current market environment, the rights of the shareholders and creditors, and the long-term development of businesses, it said.\nEvergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. The world’s most indebted developer has struggled to reassure the market that it has ample ammunition to make good on its borrowings while also countering short-sellers. The builder’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by a global firm in about a month.\nThe decision to forgo the reward to shareholders comes as a surprise. Analysts had earlier reckoned Evergrande may take one of three routes: a cash dividend, a stock dividend or handing out shares in its higher-value listed subsidiaries.\nThe last time Evergrande doled out a special dividend, in 2018, its earnings were soaring, though bearish bets abounded then too. It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174218844,"gmtCreate":1627100604888,"gmtModify":1703484292941,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Ali, Tencent, Bytedance all want&nbsp;to monopoly every trade. Beijing is coming hard on them","listText":"Ali, Tencent, Bytedance all want&nbsp;to monopoly every trade. Beijing is coming hard on them","text":"Ali, Tencent, Bytedance all want to monopoly every trade. Beijing is coming hard on them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/174218844","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627092269,"share":"https://ttm.financial/m/news/1151500518?lang=&edition=fundamental","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</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>Tencent was ordered to remove the exclusive copyright of online music</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\">\nTencent was ordered to remove the exclusive copyright of online music\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\">2021-07-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1},"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175135640,"gmtCreate":1627012532080,"gmtModify":1703482436503,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Millionaire and billionaire are increasing every year. No time to management own wealth..","listText":"Millionaire and billionaire are increasing every year. No time to management own wealth..","text":"Millionaire and billionaire are increasing every year. No time to management own wealth..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175135640","repostId":"2153760350","repostType":4,"repost":{"id":"2153760350","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":1626997860,"share":"https://ttm.financial/m/news/2153760350?lang=&edition=fundamental","pubTime":"2021-07-23 07:51","market":"us","language":"en","title":"JPMorgan to hire more than 500 wealth management advisers","url":"https://stock-news.laohu8.com/highlight/detail?id=2153760350","media":"Reuters","summary":"NEW YORK, July 22  - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to g","content":"<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</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>JPMorgan to hire more than 500 wealth management advisers</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\">\nJPMorgan to hire more than 500 wealth management advisers\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\">2021-07-23 07:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153760350","content_text":"NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.\nThat plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\n\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"\nJ.P. Morgan Advisors would still be a small firm. Morgan Stanley Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.\nDimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.\nJ.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.\nAs of June 30, the wealth management division had $673 billion in client assets under supervision.\nAs part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors & Chase Wealth Management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172011554,"gmtCreate":1626920275178,"gmtModify":1703480599946,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Not a good news","listText":"Not a good news","text":"Not a good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172011554","repostId":"2153989623","repostType":4,"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172013800,"gmtCreate":1626920221900,"gmtModify":1703480598155,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"What is 100,000 compare to earning billions in a quater.&nbsp;","listText":"What is 100,000 compare to earning billions in a quater.&nbsp;","text":"What is 100,000 compare to earning billions in a quater.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/172013800","repostId":"2153625933","repostType":4,"repost":{"id":"2153625933","kind":"news","pubTimestamp":1626918227,"share":"https://ttm.financial/m/news/2153625933?lang=&edition=fundamental","pubTime":"2021-07-22 09:43","market":"us","language":"en","title":"UBS hikes junior bankers' pay to US$100,000, following Wall Street rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=2153625933","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in","content":"<div>\n<p>NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>UBS hikes junior bankers' pay to US$100,000, following Wall Street rivals</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\">\nUBS hikes junior bankers' pay to US$100,000, following Wall Street rivals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行"},"source_url":"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153625933","content_text":"NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees amid increased competition from buy-side and tech firms and crushing workloads from a surge in deals.\nFirst-year analysts will now earn at least US$100,000 (S$136,000) a year, matching pay at Deutsche Bank, Citigroup, Barclays and JPMorgan Chase & Co, while their second-year counterparts will make US$105,000 and third-year analysts will bring in US$110,000, according to a person with knowledge of the increase.\nThe raises for US employees at the Zurich-based bank will take effect Aug 1, the person said, asking not to be identified because the information isn't public. Associates will earn US$175,000 to US$225,000 and directors at least US$275,000 after the raises, the person said.\nUBS joins the slew of financial firms, which includes PJ Solomon and Guggenheim Partners, that have lifted base salaries for first-year bankers to US$100,000 in a bid to stem defections of younger staff inundated by work. Mary Erdoes, chief executive officer of JPMorgan's asset and wealth management business, defended such intense workloads, saying they were necessary to adequately train analysts starting out on Wall Street.\n\"If you think 10,000 hours is about what you need to master any subject, if someone comes in and has a regular, eight-hour-a-day job, five days a week, it's gonna take about five years to have a base-level mastery,\" she said in a Bloomberg Television interview. \"On Wall Street, it's more like 12 hours a day, six days a week. That cuts you down to about two and a half years before you become mastered in something.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","crmLevel":2,"crmLevelSwitch":0,"idStr":"3576231291459124","authorIdStr":"3576231291459124"},"content":"But stock still below $16. Undervalue?","text":"But stock still below $16. Undervalue?","html":"But stock still below $16. Undervalue?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171562443,"gmtCreate":1626751098182,"gmtModify":1703764495290,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"High demand on chips.","listText":"High demand on chips.","text":"High demand on chips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171562443","repostId":"2152992651","repostType":4,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171561363,"gmtCreate":1626750912652,"gmtModify":1703764489788,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"American schools and campuses shld install one for student's safety.","listText":"American schools and campuses shld install one for student's safety.","text":"American schools and campuses shld install one for student's safety.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171561363","repostId":"1194265953","repostType":4,"repost":{"id":"1194265953","kind":"news","pubTimestamp":1626748619,"share":"https://ttm.financial/m/news/1194265953?lang=&edition=fundamental","pubTime":"2021-07-20 10:36","market":"us","language":"en","title":"Crowd-safety firm backed by Bill Gates and Peyton Manning makes Wall Street debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1194265953","media":"CNN","summary":"New York (CNN Business)A security company that uses artificial intelligence and advanced sensors tec","content":"<p>New York (CNN Business)A security company that uses artificial intelligence and advanced sensors technology to screen for threats at theme parks, sports stadiums and other large venues, is going public.</p>\n<p>Evolv Technology, which announced plans in March to merge with blank check special purpose acquisition company NewHold Investment Corp., completed its SPAC deal Friday and will begin trading Monday on the Nasdaq under the ticker symbol EVLV. The company is raising about $385 million from the deal and is valued at $1.7 billion.</p>\n<p>Evolv, whose customers include Six Flags (SIX), casino company Wynn (WYNN), New York City's Lincoln Center and baseball's Chicago Cubs, sells software on a subscription basis that is designed to help detect whether someone is carrying a gun, knife or other weapon.</p>\n<p>Guests simply walk through a scanner without having to unload their keys, phones, wallets and other things they're carrying in bags or pockets.</p>\n<p>\"It's barbaric if you're going to see your favorite sports team to have to go through metal detectors,\" Evolv CEO Peter George told CNN Business. \"This makes lines go away and it's safer because you have AI and machine learning models do the scanning.\"</p>\n<p>Evolv also has recently introduced new thermal scanning software to monitor a person's body temperature for elevated levels, an important safety measure in light of the Covid-19 pandemic. The company charges more monthly for that feature.</p>\n<p>George said companies typically sign 4-year licensing contracts with Evolv. He added that the company's technology has now screened more than 50 million people, which he says is second only to the Transportation Security Administration.</p>\n<p>\"The pandemic has changed things forever,\" George said. \"Everybody is rethinking their physical security strategies and we are taking an analog technology and making it digital.\"</p>\n<p>Evolv has attracted the backing of notable investors, companies and celebrities. Bill Gates and Finback Investment Partners, a firm led by former Florida governor Jeb Bush, are top Evolv shareholders. Motorola Solutions (MSI) and the venture arm of Stanley Black &amp; Decker (SWK) have invested, too.</p>\n<p>Some big names in sports are also backing Evolv. Super Bowl winning quarterback and top endorser Peyton Manning, tennis champs (and spouses) Steffi Graf and Andre Agassi, World Series winning manager Joe Torre and ex-Cubs and Boston Red Sox executive Theo Epstein are Evolv investors.</p>\n<p>Evolv is just the latest company to go public via a SPAC in the past few years. Richard Branson's Virgin Galactic (SPCE) and sports betting firm DraftKings have also debuted on Wall Street through blank check mergers.</p>\n<p>But some SPACs, most notably electric truck makers Lordstown Motors and Nikola, have come under scrutiny from short sellers and regulators because of suspect accounting practices.</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>Crowd-safety firm backed by Bill Gates and Peyton Manning makes Wall Street debut</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\">\nCrowd-safety firm backed by Bill Gates and Peyton Manning makes Wall Street debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/19/investing/evolv-crowd-safety-spac/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)A security company that uses artificial intelligence and advanced sensors technology to screen for threats at theme parks, sports stadiums and other large venues, is going ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/19/investing/evolv-crowd-safety-spac/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EVLV":"Evolv Technologies Holdings, Inc."},"source_url":"https://edition.cnn.com/2021/07/19/investing/evolv-crowd-safety-spac/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194265953","content_text":"New York (CNN Business)A security company that uses artificial intelligence and advanced sensors technology to screen for threats at theme parks, sports stadiums and other large venues, is going public.\nEvolv Technology, which announced plans in March to merge with blank check special purpose acquisition company NewHold Investment Corp., completed its SPAC deal Friday and will begin trading Monday on the Nasdaq under the ticker symbol EVLV. The company is raising about $385 million from the deal and is valued at $1.7 billion.\nEvolv, whose customers include Six Flags (SIX), casino company Wynn (WYNN), New York City's Lincoln Center and baseball's Chicago Cubs, sells software on a subscription basis that is designed to help detect whether someone is carrying a gun, knife or other weapon.\nGuests simply walk through a scanner without having to unload their keys, phones, wallets and other things they're carrying in bags or pockets.\n\"It's barbaric if you're going to see your favorite sports team to have to go through metal detectors,\" Evolv CEO Peter George told CNN Business. \"This makes lines go away and it's safer because you have AI and machine learning models do the scanning.\"\nEvolv also has recently introduced new thermal scanning software to monitor a person's body temperature for elevated levels, an important safety measure in light of the Covid-19 pandemic. The company charges more monthly for that feature.\nGeorge said companies typically sign 4-year licensing contracts with Evolv. He added that the company's technology has now screened more than 50 million people, which he says is second only to the Transportation Security Administration.\n\"The pandemic has changed things forever,\" George said. \"Everybody is rethinking their physical security strategies and we are taking an analog technology and making it digital.\"\nEvolv has attracted the backing of notable investors, companies and celebrities. Bill Gates and Finback Investment Partners, a firm led by former Florida governor Jeb Bush, are top Evolv shareholders. Motorola Solutions (MSI) and the venture arm of Stanley Black & Decker (SWK) have invested, too.\nSome big names in sports are also backing Evolv. Super Bowl winning quarterback and top endorser Peyton Manning, tennis champs (and spouses) Steffi Graf and Andre Agassi, World Series winning manager Joe Torre and ex-Cubs and Boston Red Sox executive Theo Epstein are Evolv investors.\nEvolv is just the latest company to go public via a SPAC in the past few years. Richard Branson's Virgin Galactic (SPCE) and sports betting firm DraftKings have also debuted on Wall Street through blank check mergers.\nBut some SPACs, most notably electric truck makers Lordstown Motors and Nikola, have come under scrutiny from short sellers and regulators because of suspect accounting practices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147040264,"gmtCreate":1626322833358,"gmtModify":1703757879017,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"How to qualify for bank loan when market still under covid 19 control?&nbsp;","listText":"How to qualify for bank loan when market still under covid 19 control?&nbsp;","text":"How to qualify for bank loan when market still under covid 19 control?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147040264","repostId":"1137262141","repostType":4,"repost":{"id":"1137262141","kind":"news","pubTimestamp":1626320490,"share":"https://ttm.financial/m/news/1137262141?lang=&edition=fundamental","pubTime":"2021-07-15 11:41","market":"us","language":"en","title":"Wells Fargo Reports Another Disappointing Quarter: Interest Income Flat As Average Loans Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=1137262141","media":"zerohedge","summary":"After the solid results from both JPM, Goldman, and BofA (which saw strong equity trading offset by ","content":"<p>After the solid results from both JPM, Goldman, and BofA (which saw strong equity trading offset by a slump in FICC) we got the now traditional disappointment from Wells Fargo which reported Q2 earnings that were mixed at best.</p>\n<p>While the bank reported Q2 total revenue of $20.270BN, up 11%, and beating estimates of $17.75BN, with EPS of $1.38 also stronger than the 0.98 expected (a number which included a $147M Gain on Sale of Student Loans, and a $79M Write-Down of Related Goodwill),&nbsp; the reality is that the same issues that have plagued Wells for years remained front and center, including slugging loan growth and depressed net interest income. And while CEO Charlie Scharf said that \"Wells Fargo benefited from the continued economic recovery, strong markets that helped drive gains in our affiliated venture capital businesses, and our progress on improving efficiency\" he cautioned again that \"<b>the headwinds of low interest rates and tepid loan demand remained.”</b></p>\n<p><img src=\"https://static.tigerbbs.com/43e8458e4d8e98b8d9fdbaad26e8830b\" tg-width=\"1085\" tg-height=\"514\"></p>\n<p>And, like all the other big money-center banks, a bit portion of the bottom line EPS print - and beat - came from reserve releases, $1.639 billion, or $0.30/share, to be precise.</p>\n<p><img src=\"https://static.tigerbbs.com/50925646aa4cc77750cec18374234e76\" tg-width=\"956\" tg-height=\"543\"></p>\n<p>Digging a bit below the surface reveals that once again not all was well with the bank missing across all key operating metrics:</p>\n<ul>\n <li><b>Net Interest Income $8.80B, Est. $8.97B</b></li>\n <li><b>2Q Net Interest Margin 2.02%, Est. 2.05%</b></li>\n <li><b>Efficiency Ratio 66%, Est. 76.6%</b></li>\n <li><b>Loans $854.75B, Est. $855.72B</b></li>\n <li>Total Average Loans $854.7B</li>\n <li>Recovery of Credit Losses $1.26B, Est. Recovery $545.4M</li>\n <li>Wells Fargo Expect Charge-Offs Will Increase at Some Point</li>\n <li>Wells Fargo Continues to See Strong Trends in All Businesses</li>\n</ul>\n<p>To be sure, the top line improvement was a welcome change for a company whose revenue have stagnated for the better part of a year...</p>\n<p><img src=\"https://static.tigerbbs.com/94d49ac59dbde6f346e853ae32a3ca03\" tg-width=\"555\" tg-height=\"313\">... helping lift Net Income to pre-covid levels.</p>\n<p><img src=\"https://static.tigerbbs.com/97094bfdcc5421c2c70ce7bf6b3f2413\" tg-width=\"586\" tg-height=\"317\">A quick note on taxes: readers may recall that last year the bank benefited form an artificially low 6.4% effective tax rate. Well, no more, and in Q2 it bounced back over 19%, with the bank saying that it “retroactively changed the accounting for certain tax-advantaged investments to better align the financial statement presentation of the economic impact of these investments with the related tax credits.”</p>\n<p>That means changing the bank’s accounting for low-income housing tax credit investments from one kind of accounting (“equity method”) to another (“the proportional amortization method.”). As Bloomberg notes, the bank also shifted the presentation of investment tax credits related to solar investments -- reclassifying investment tax credits (“from accrued expenses and other liabilities to a reduction of the carrying value of the investment balances.”). \"All that actually had an impact: Quarterly results for last year’s second and third quarters changed, because the new system “improved our efficiency ratio and generally increased our effective income tax rate from what was previously reported.\"</p>\n<p>Looking at the big picture, there were a number of asterisks here:</p>\n<p>First, both the top and bottom line included a<b>net gain from equity securities of $2.7 billion</b>, up from $533 million in 2Q20 and $392 million in 1Q21.</p>\n<p>Second the bank's net income of $6 billion was boosted by a larger-than-expected release of loan-loss reserves. To wit, the bank noted that results included a $1.6 billion pre-tax reduction in the allowance for credit losses, and charge-offs continued to decline. Here, Scharff cautioned that even though he continues to see strong trends in all of our businesses,<b>he expects charge-offs to increase at some point.</b>Meanwhile, the bank's provision for credit losses decreased by $10.8 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/f4b1beac2869b8a0a0d7d459bb7abe1d\" tg-width=\"1096\" tg-height=\"516\"></p>\n<p>Things were especially ugly in<b>net interest income, which tumbled a whopping 11% to $8.8BN from $9.9BN</b>and flat sequentially. The bank blamed the fall on lower interest, lower loan balances due to weak demand and elevated prepayments. But it’s “stable” compared with last quarter, per the release. As a result, Net Interest Margin also slumped, dropping from 2.05% to 2.02%, missing expectations and another all time low.</p>\n<p><img src=\"https://static.tigerbbs.com/e1d6dd9adfa205bcd0e623a66f3c9ad7\" tg-width=\"568\" tg-height=\"368\">Commenting on this ongoing decline in Net Interest Income, the bank blamed it on lower rates<i><b>even though rates actually jumped substantially in Q2 both sequentially and Y/Y.</b></i></p>\n<ul>\n <li>Net interest income decreased $1.1&nbsp;billion, or 11%, YoY reflecting the impact of lower interest rates, lower loan balances due to soft demand and elevated prepayments, as well as higher mortgage-backed securities (MBS) premium amortization,<b>partially offset by a decline in long-term debt</b></li>\n <li>Net interest income was stable compared with 1Q21 as favorable hedge ineffectiveness accounting results, higher Paycheck Protection Program (PPP) income, and one additional day in the quarter were offset by lower loan balances<b>and the impact of lower interest rates</b></li>\n</ul>\n<p>Taking a deep dive into Wells Fargo’s consumer banking and lending, showed total revenue of $8.7 billion was up 14% year over year, and up just a tad from the first quarter. Consumer and small business banking’s $4.7 billion was up 40% year over year “driven by higher servicing income and higher mortgage origination and sales revenue,” but was also down 7% from last quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/6f0efdc5053169240e4346034a788f83\" tg-width=\"1101\" tg-height=\"531\">Why? Wells explains “Lower retail held-for-sale originations and gain-on-sale margins were partially offset by higher income related to the re-securitization of loans purchased from mortgage-backed securities.”</p>\n<p>Looking at the bank's bread and butter, Bloomberg notes that average loan balances of $331.9 billion were down from $353.1 billion last quarter (and $369.6 billion a year ago), while Wells Fargo’s $835.8 billion of average deposit balances were up from last quarter’s $789.4 billion $715.1 billion a year ago, all thanks to QE (more on this in a subsequent post).</p>\n<p>And this was the main reason for our downbeat take on Wells' results: the bank's average loans tumbled (again) in the second quarter as consumers and businesses, buoyed by pandemic stimulus programs, refrained from more borrowing. As shown below,<b>the average balance of the bank’s lending book dropped 12% to $854.7 billion.</b>The result mirrored a similar decline at Bank of America Corp., which said earlier that loans and leases in its consumer-banking unit also fell 12%.</p>\n<p><img src=\"https://static.tigerbbs.com/301df1ead2de6fad97478bb19245e9d7\" tg-width=\"1086\" tg-height=\"561\"></p>\n<p>Needless to say, you can't have a broad economic growth without loan growth.</p>\n<p>This brings up the $64K question: with Investors and analysts asking where’s loan growth, Wells still can't answer, and it certainly wasn't to be found in the bank's commercial banking business: The firm saw middle-market banking revenue fall 9% year-over-year, with the decline driven by reduced client demand and line utilization.</p>\n<p>On credit performance, net charge-offs (as a percentage of average loans) hit 0.43%, up a tiny bit from last quarter’s 0.42% -- but down from last year’s 0.6%.</p>\n<p>While interest income missed expectations, expenses also declined, and were down $1.2 billion Y/Y to $13.3 billion, thanks to a 1% drop in personnel expense, while non-personnel expenses were down $1.1 billion, or 20%, \"due to lower operating losses, as well as lower professional and outside services expense reflecting efficiency initiatives to reduce our spend on consultants and contractors.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d00bbab6b1cd81dc9dddcbf3cdfd39f7\" tg-width=\"609\" tg-height=\"440\">It looks like Wells Fargo’s dealmakers weren’t as prosperous as the investment bankers over at JPMorgan and Goldman Sachs who stole the show yesterday with a flurry of deals driving the firms’ results. Wells Fargo saw investment banking revenue weaken by $37 million from the same time last year. It’s interesting because Scharf has taken steps to strengthen that division, even as he’s gone about pruning businesses deemed inefficient. Out of the six largest U.S. banks, Wells Fargo’s investment banking division is the smallest in terms of market share.</p>\n<p>Taking a quick look at the bank's modest corporate and investment banking division, which is far less material than its peers, we find that Wells bankers were not nearly as prosperous as the investment bankers over at JPMorgan and Goldman Sachs who stole the show yesterday with a flurry of deals driving the firms’ results. Wells Fargo saw investment banking revenue weaken by $37 million from the same time last year, even though Scharf has allegedly taken steps to strengthen that division, even as he’s gone about pruning businesses deemed inefficient. Out of the six largest U.S. banks, Wells Fargo’s investment banking division is the smallest in terms of market share.</p>\n<p><img src=\"https://static.tigerbbs.com/81990d180e134d0e7530c36ed8a22424\" tg-width=\"563\" tg-height=\"513\">Finally, in a testament to how the bank sees its own futures, headcount fell to 259,000 from 276,000 a year ago. That reduction helped to drive noninterest expenses at the bank down 8% from the same time last year. This was perhaps to be expected: Scharf has made trimming costs a priority, and the bank broke with competitors by resuming job cuts in August.</p>\n<p>The bottom line: as Bloomberg summarizes, consumers are still keeping up with their bills and employment has been improving, allowing banks to once again release billions in reserves they’d set aside during the worst of the pandemic. That’s bolstered profits. Still, the massive stimulus the U.S. government has pumped into the economy means there’s little demand for loans, hindering revenue especially at loan-intensive banks such as Wells.</p>\n<p>In immediate response, the market pushed WFC stock higher, but having time to digest the results, the stock is now again drifting lower.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wells Fargo Reports Another Disappointing Quarter: Interest Income Flat As Average Loans Tumble</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\">\nWells Fargo Reports Another Disappointing Quarter: Interest Income Flat As Average Loans Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 11:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/wells-fargo-reports-another-disappointing-quarter-interest-income-flat-average-loans-tumble><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the solid results from both JPM, Goldman, and BofA (which saw strong equity trading offset by a slump in FICC) we got the now traditional disappointment from Wells Fargo which reported Q2 ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/wells-fargo-reports-another-disappointing-quarter-interest-income-flat-average-loans-tumble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"source_url":"https://www.zerohedge.com/markets/wells-fargo-reports-another-disappointing-quarter-interest-income-flat-average-loans-tumble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137262141","content_text":"After the solid results from both JPM, Goldman, and BofA (which saw strong equity trading offset by a slump in FICC) we got the now traditional disappointment from Wells Fargo which reported Q2 earnings that were mixed at best.\nWhile the bank reported Q2 total revenue of $20.270BN, up 11%, and beating estimates of $17.75BN, with EPS of $1.38 also stronger than the 0.98 expected (a number which included a $147M Gain on Sale of Student Loans, and a $79M Write-Down of Related Goodwill),  the reality is that the same issues that have plagued Wells for years remained front and center, including slugging loan growth and depressed net interest income. And while CEO Charlie Scharf said that \"Wells Fargo benefited from the continued economic recovery, strong markets that helped drive gains in our affiliated venture capital businesses, and our progress on improving efficiency\" he cautioned again that \"the headwinds of low interest rates and tepid loan demand remained.”\n\nAnd, like all the other big money-center banks, a bit portion of the bottom line EPS print - and beat - came from reserve releases, $1.639 billion, or $0.30/share, to be precise.\n\nDigging a bit below the surface reveals that once again not all was well with the bank missing across all key operating metrics:\n\nNet Interest Income $8.80B, Est. $8.97B\n2Q Net Interest Margin 2.02%, Est. 2.05%\nEfficiency Ratio 66%, Est. 76.6%\nLoans $854.75B, Est. $855.72B\nTotal Average Loans $854.7B\nRecovery of Credit Losses $1.26B, Est. Recovery $545.4M\nWells Fargo Expect Charge-Offs Will Increase at Some Point\nWells Fargo Continues to See Strong Trends in All Businesses\n\nTo be sure, the top line improvement was a welcome change for a company whose revenue have stagnated for the better part of a year...\n... helping lift Net Income to pre-covid levels.\nA quick note on taxes: readers may recall that last year the bank benefited form an artificially low 6.4% effective tax rate. Well, no more, and in Q2 it bounced back over 19%, with the bank saying that it “retroactively changed the accounting for certain tax-advantaged investments to better align the financial statement presentation of the economic impact of these investments with the related tax credits.”\nThat means changing the bank’s accounting for low-income housing tax credit investments from one kind of accounting (“equity method”) to another (“the proportional amortization method.”). As Bloomberg notes, the bank also shifted the presentation of investment tax credits related to solar investments -- reclassifying investment tax credits (“from accrued expenses and other liabilities to a reduction of the carrying value of the investment balances.”). \"All that actually had an impact: Quarterly results for last year’s second and third quarters changed, because the new system “improved our efficiency ratio and generally increased our effective income tax rate from what was previously reported.\"\nLooking at the big picture, there were a number of asterisks here:\nFirst, both the top and bottom line included anet gain from equity securities of $2.7 billion, up from $533 million in 2Q20 and $392 million in 1Q21.\nSecond the bank's net income of $6 billion was boosted by a larger-than-expected release of loan-loss reserves. To wit, the bank noted that results included a $1.6 billion pre-tax reduction in the allowance for credit losses, and charge-offs continued to decline. Here, Scharff cautioned that even though he continues to see strong trends in all of our businesses,he expects charge-offs to increase at some point.Meanwhile, the bank's provision for credit losses decreased by $10.8 billion.\n\nThings were especially ugly innet interest income, which tumbled a whopping 11% to $8.8BN from $9.9BNand flat sequentially. The bank blamed the fall on lower interest, lower loan balances due to weak demand and elevated prepayments. But it’s “stable” compared with last quarter, per the release. As a result, Net Interest Margin also slumped, dropping from 2.05% to 2.02%, missing expectations and another all time low.\nCommenting on this ongoing decline in Net Interest Income, the bank blamed it on lower rateseven though rates actually jumped substantially in Q2 both sequentially and Y/Y.\n\nNet interest income decreased $1.1 billion, or 11%, YoY reflecting the impact of lower interest rates, lower loan balances due to soft demand and elevated prepayments, as well as higher mortgage-backed securities (MBS) premium amortization,partially offset by a decline in long-term debt\nNet interest income was stable compared with 1Q21 as favorable hedge ineffectiveness accounting results, higher Paycheck Protection Program (PPP) income, and one additional day in the quarter were offset by lower loan balancesand the impact of lower interest rates\n\nTaking a deep dive into Wells Fargo’s consumer banking and lending, showed total revenue of $8.7 billion was up 14% year over year, and up just a tad from the first quarter. Consumer and small business banking’s $4.7 billion was up 40% year over year “driven by higher servicing income and higher mortgage origination and sales revenue,” but was also down 7% from last quarter.\nWhy? Wells explains “Lower retail held-for-sale originations and gain-on-sale margins were partially offset by higher income related to the re-securitization of loans purchased from mortgage-backed securities.”\nLooking at the bank's bread and butter, Bloomberg notes that average loan balances of $331.9 billion were down from $353.1 billion last quarter (and $369.6 billion a year ago), while Wells Fargo’s $835.8 billion of average deposit balances were up from last quarter’s $789.4 billion $715.1 billion a year ago, all thanks to QE (more on this in a subsequent post).\nAnd this was the main reason for our downbeat take on Wells' results: the bank's average loans tumbled (again) in the second quarter as consumers and businesses, buoyed by pandemic stimulus programs, refrained from more borrowing. As shown below,the average balance of the bank’s lending book dropped 12% to $854.7 billion.The result mirrored a similar decline at Bank of America Corp., which said earlier that loans and leases in its consumer-banking unit also fell 12%.\n\nNeedless to say, you can't have a broad economic growth without loan growth.\nThis brings up the $64K question: with Investors and analysts asking where’s loan growth, Wells still can't answer, and it certainly wasn't to be found in the bank's commercial banking business: The firm saw middle-market banking revenue fall 9% year-over-year, with the decline driven by reduced client demand and line utilization.\nOn credit performance, net charge-offs (as a percentage of average loans) hit 0.43%, up a tiny bit from last quarter’s 0.42% -- but down from last year’s 0.6%.\nWhile interest income missed expectations, expenses also declined, and were down $1.2 billion Y/Y to $13.3 billion, thanks to a 1% drop in personnel expense, while non-personnel expenses were down $1.1 billion, or 20%, \"due to lower operating losses, as well as lower professional and outside services expense reflecting efficiency initiatives to reduce our spend on consultants and contractors.\"\nIt looks like Wells Fargo’s dealmakers weren’t as prosperous as the investment bankers over at JPMorgan and Goldman Sachs who stole the show yesterday with a flurry of deals driving the firms’ results. Wells Fargo saw investment banking revenue weaken by $37 million from the same time last year. It’s interesting because Scharf has taken steps to strengthen that division, even as he’s gone about pruning businesses deemed inefficient. Out of the six largest U.S. banks, Wells Fargo’s investment banking division is the smallest in terms of market share.\nTaking a quick look at the bank's modest corporate and investment banking division, which is far less material than its peers, we find that Wells bankers were not nearly as prosperous as the investment bankers over at JPMorgan and Goldman Sachs who stole the show yesterday with a flurry of deals driving the firms’ results. Wells Fargo saw investment banking revenue weaken by $37 million from the same time last year, even though Scharf has allegedly taken steps to strengthen that division, even as he’s gone about pruning businesses deemed inefficient. Out of the six largest U.S. banks, Wells Fargo’s investment banking division is the smallest in terms of market share.\nFinally, in a testament to how the bank sees its own futures, headcount fell to 259,000 from 276,000 a year ago. That reduction helped to drive noninterest expenses at the bank down 8% from the same time last year. This was perhaps to be expected: Scharf has made trimming costs a priority, and the bank broke with competitors by resuming job cuts in August.\nThe bottom line: as Bloomberg summarizes, consumers are still keeping up with their bills and employment has been improving, allowing banks to once again release billions in reserves they’d set aside during the worst of the pandemic. That’s bolstered profits. Still, the massive stimulus the U.S. government has pumped into the economy means there’s little demand for loans, hindering revenue especially at loan-intensive banks such as Wells.\nIn immediate response, the market pushed WFC stock higher, but having time to digest the results, the stock is now again drifting lower.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":174218844,"gmtCreate":1627100604888,"gmtModify":1703484292941,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Ali, Tencent, Bytedance all want&nbsp;to monopoly every trade. Beijing is coming hard on them","listText":"Ali, Tencent, Bytedance all want&nbsp;to monopoly every trade. Beijing is coming hard on them","text":"Ali, Tencent, Bytedance all want to monopoly every trade. Beijing is coming hard on them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/174218844","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627092269,"share":"https://ttm.financial/m/news/1151500518?lang=&edition=fundamental","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</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>Tencent was ordered to remove the exclusive copyright of online music</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\">\nTencent was ordered to remove the exclusive copyright of online music\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\">2021-07-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1},"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148023824,"gmtCreate":1625903140168,"gmtModify":1703750754737,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Many will not understand why regulator said huge&nbsp;user data collection&nbsp;cause&nbsp;national security issue. Just ask IT experts what can they do with the&nbsp;tens or hundreds million user data from&nbsp;one country. Today, all user smartphone apps &amp; GPS are&nbsp;vulnerable to some degree of being hacked. Imagine if this attack is huge at one go, will it affect national security?&nbsp;","listText":"Many will not understand why regulator said huge&nbsp;user data collection&nbsp;cause&nbsp;national security issue. Just ask IT experts what can they do with the&nbsp;tens or hundreds million user data from&nbsp;one country. Today, all user smartphone apps &amp; GPS are&nbsp;vulnerable to some degree of being hacked. Imagine if this attack is huge at one go, will it affect national security?&nbsp;","text":"Many will not understand why regulator said huge user data collection cause national security issue. Just ask IT experts what can they do with the tens or hundreds million user data from one country. Today, all user smartphone apps & GPS are vulnerable to some degree of being hacked. Imagine if this attack is huge at one go, will it affect national security?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148023824","repostId":"2150306047","repostType":4,"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119427684,"gmtCreate":1622560199348,"gmtModify":1704186392137,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Yes. Time to take profit","listText":"Yes. Time to take profit","text":"Yes. Time to take profit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119427684","repostId":"1156902787","repostType":4,"repost":{"id":"1156902787","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622555945,"share":"https://ttm.financial/m/news/1156902787?lang=&edition=fundamental","pubTime":"2021-06-01 21:59","market":"us","language":"en","title":"Some hot Chinese concept stocks Skyrocketed","url":"https://stock-news.laohu8.com/highlight/detail?id=1156902787","media":"Tiger Newspress","summary":"Some hot Chinese concept stocks Skyrocketed&nbsp;in&nbsp;in Tuesday morning trading.Pinduoduo,,Bilibili,Alibaba,JD.COM,Baidu&nbsp;and&nbsp;NIO&nbsp;climbed between 2% and 10%.","content":"<p>Some hot Chinese concept stocks Skyrocketed&nbsp;in&nbsp;in Tuesday morning trading.Pinduoduo,,Bilibili,Alibaba,JD.COM,Baidu&nbsp;and&nbsp;NIO&nbsp;climbed between 2% and 10%.</p><p><img src=\"https://static.tigerbbs.com/612c3c8388861fe8b77417d8a6895d96\" tg-width=\"369\" tg-height=\"724\" 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>Some hot Chinese concept stocks Skyrocketed</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\">\nSome hot Chinese concept stocks Skyrocketed\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\">2021-06-01 21:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some hot Chinese concept stocks Skyrocketed&nbsp;in&nbsp;in Tuesday morning trading.Pinduoduo,,Bilibili,Alibaba,JD.COM,Baidu&nbsp;and&nbsp;NIO&nbsp;climbed between 2% and 10%.</p><p><img src=\"https://static.tigerbbs.com/612c3c8388861fe8b77417d8a6895d96\" tg-width=\"369\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩","BABA":"阿里巴巴","NIO":"蔚来","PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156902787","content_text":"Some hot Chinese concept stocks Skyrocketed in in Tuesday morning trading.Pinduoduo,,Bilibili,Alibaba,JD.COM,Baidu and NIO climbed between 2% and 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140975183,"gmtCreate":1625626617442,"gmtModify":1703745203712,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Following soon by NIO listing&nbsp;","listText":"Following soon by NIO listing&nbsp;","text":"Following soon by NIO listing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140975183","repostId":"1171645479","repostType":4,"repost":{"id":"1171645479","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625619855,"share":"https://ttm.financial/m/news/1171645479?lang=&edition=fundamental","pubTime":"2021-07-07 09:04","market":"us","language":"en","title":"Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=1171645479","media":"Tiger Newspress","summary":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday a","content":"<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</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>Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong</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\">\nChinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong\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\">2021-07-07 09:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171645479","content_text":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.\nThe Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.\nLed by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in China.\nIt sells mainly in China, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).\nThe electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.\nXpeng chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.\nThe dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.\nAfter the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.\nThe Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.\nXpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.\nWith the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.\nJPMorgan Chase & Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155921538,"gmtCreate":1625370432624,"gmtModify":1703740912145,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Hackers always from other country.&nbsp;","listText":"Hackers always from other country.&nbsp;","text":"Hackers always from other country.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/155921538","repostId":"2148807114","repostType":4,"repost":{"id":"2148807114","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1625367960,"share":"https://ttm.financial/m/news/2148807114?lang=&edition=fundamental","pubTime":"2021-07-04 11:06","market":"us","language":"en","title":"Can Biden really protect Americans from the next crippling cyber attack?","url":"https://stock-news.laohu8.com/highlight/detail?id=2148807114","media":"Dow Jones","summary":"International rivals have little incentive to stop attacks against the U.S.\nAn epidemic of cyberatta","content":"<p>International rivals have little incentive to stop attacks against the U.S.</p>\n<p>An epidemic of cyberattacks against the American government, citizens and businesses has raged for years, but experts say the U.S. government has been slow to respond, while remaining skeptical that proposed solutions would be effective in stopping international cyberthreats.</p>\n<p>The only major cybersecurity law passed during the past decade was the Cybersecurity Information Sharing Act of 2015, which created rules encouraging the private sector to share information about cyberattacks with the government, but did not make disclosure mandatory.</p>\n<p>Jim Lewis, director of the strategic technologies program at the Center for Strategic and International Studies told MarketWatch that congressional gridlock kept the Obama administration from passing a bipartisan law that would enable the federal government to require private companies to report cyberattacks.</p>\n<p>Read more: Colonial Pipeline CEO warns Congress that 'criminal gangs' are always 'sharpening their tactics' to target U.S. companies, government</p>\n<p>\"The idea of regulation used to be that you couldn't bring it up,\" he said. \"The Chamber of Commerce and and everyone else lined up to explain why it was bad. At the end of the day, Mitch McConnell decided that he didn't want to regulate,\" referring to the then Republican Senate majority leader from Kentucky. During the Trump administration, \"we pretty much sat out the last four years, it's painful to say that, but that's how it is,\" he added.</p>\n<p>President Joe Biden's administration, however, is attempting to make up for lost time with an executive order signed in May that would beef up U.S. government cyber security defenses and leverage the power of the federal procurement process to raise the security of software products.</p>\n<p>\"There's has really been a missed opportunity to use federal procurement to drive a secure market,\" Anne Neuberger, deputy national security adviser for cyber and emerging technology at the White House said during a virtual conference at CSIS last month.</p>\n<p>She added that the government is developing software standards that private providers must meet in order to sell to the government under the theory that higher quality software would become the industry standard, given the vast amount of software the government purchases annually. Neuberger argued that it wouldn't be cost effective for software providers to offer two products: a superior <a href=\"https://laohu8.com/S/AONE\">one</a> to the government and a substandard <a href=\"https://laohu8.com/S/AONE.U\">one</a> to the private sector.</p>\n<p>\"When you're building software in a world where you have sophisticated nation-state attackers constantly hunting for vulnerabilities in that software, build it in more secure ways,\" Neuberger said.</p>\n<p>Following last year's Solar Winds attack , which went unnoticed for months and threatened 18,000 companies and government agencies, and the Colonial Pipeline hack that led to widespread gasoline shortages in the U.S. Northeast, there finally seems to be an appetite for bipartisan legislation that would enable better oversight of critical infrastructure, according to Mark Gamis a senior vice president at Booz Allen Hamilton who advises federal clients on cyber operations.</p>\n<p>He pointed to reports of a proposal drafted by Democratic Sen. Mark Warner of Virginia and Republican senators Marco Rubio of Florida and Susan Collins of Maine that would require federal contractors and owners of critical infrastructure to report cyber incidents to federal authorities within 24 hours.</p>\n<p>\"That's important because the federal government has tremendous resources to bring to bear to help our with an incident, and in any sort of emergent situation, time is of the essence,\" he said, adding that the bipartisan nature of the bill indicates the GOP is now ready to get on board with mandatory reporting.</p>\n<p>Cybersecurity advocates have long argued that greater collaboration between government and business is essential to mitigate the effects of cybercrime.</p>\n<p>\"Governments and companies have different sources of information, insight and intelligence, wrote Paul Me, a lead partner for Cyber Risk at the consultancy Oliver Wyman in an op-ed for the World Economic Forum . \"Pooling them in a timely manner will create a clearer and more current picture of cyberthreats.\"</p>\n<p>CSIS' Jim Lewis, warned, however, that at its core the problem must be viewed through the lense of geopolitics, because the most sophisticated cyberattacks largely come from state actors or criminal groups in adversarial nations, including China, Iran and Russia. U.S. intelligence officials have said both the Solar Winds and Colonial Pipeline attack were done by Russian proxies.</p>\n<p>See also: Biden says he told Putin infrastructure should be 'off limits' to cyberattacks</p>\n<p>\"The Russians have a thriving cybercrime market and make billions of dollars a year,\" Lewis said. \"So why would they give that up, especially because the Kremlin enjoys the U.S. getting hit over the head?\"</p>\n<p>Lewis said that the Biden-Putin summit earlier this month was a success insofar as Biden set boundaries on acceptable behavior, with the president demanding that 16 critical infrastructure sectors , including energy and water, should be off-limits to cyberattacks. The question of how the U.S. would retaliate following a hack on one of these sectors, however, remains unanswered.</p>\n<p>\"The Russians have basically said that 'you have so many sanctions on us, one more won't make a difference,\" Lewis said, adding that the U.S. must get creative about an cyber-offensive approach to punish adversaries for their behavior, including shutting down cloud computing services that power the Russian internet.</p>\n<p>\"These are hard issues because the two things that the government needs to do is regulate U.S. companies while engaging with both allies and opponents on the international stage,\" Lewis added. \"Maybe that's too much for the government, but if it's too much in the government, we just need to get used to being whacked.\"</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>Can Biden really protect Americans from the next crippling cyber attack?</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\">\nCan Biden really protect Americans from the next crippling cyber attack?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-04 11:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>International rivals have little incentive to stop attacks against the U.S.</p>\n<p>An epidemic of cyberattacks against the American government, citizens and businesses has raged for years, but experts say the U.S. government has been slow to respond, while remaining skeptical that proposed solutions would be effective in stopping international cyberthreats.</p>\n<p>The only major cybersecurity law passed during the past decade was the Cybersecurity Information Sharing Act of 2015, which created rules encouraging the private sector to share information about cyberattacks with the government, but did not make disclosure mandatory.</p>\n<p>Jim Lewis, director of the strategic technologies program at the Center for Strategic and International Studies told MarketWatch that congressional gridlock kept the Obama administration from passing a bipartisan law that would enable the federal government to require private companies to report cyberattacks.</p>\n<p>Read more: Colonial Pipeline CEO warns Congress that 'criminal gangs' are always 'sharpening their tactics' to target U.S. companies, government</p>\n<p>\"The idea of regulation used to be that you couldn't bring it up,\" he said. \"The Chamber of Commerce and and everyone else lined up to explain why it was bad. At the end of the day, Mitch McConnell decided that he didn't want to regulate,\" referring to the then Republican Senate majority leader from Kentucky. During the Trump administration, \"we pretty much sat out the last four years, it's painful to say that, but that's how it is,\" he added.</p>\n<p>President Joe Biden's administration, however, is attempting to make up for lost time with an executive order signed in May that would beef up U.S. government cyber security defenses and leverage the power of the federal procurement process to raise the security of software products.</p>\n<p>\"There's has really been a missed opportunity to use federal procurement to drive a secure market,\" Anne Neuberger, deputy national security adviser for cyber and emerging technology at the White House said during a virtual conference at CSIS last month.</p>\n<p>She added that the government is developing software standards that private providers must meet in order to sell to the government under the theory that higher quality software would become the industry standard, given the vast amount of software the government purchases annually. Neuberger argued that it wouldn't be cost effective for software providers to offer two products: a superior <a href=\"https://laohu8.com/S/AONE\">one</a> to the government and a substandard <a href=\"https://laohu8.com/S/AONE.U\">one</a> to the private sector.</p>\n<p>\"When you're building software in a world where you have sophisticated nation-state attackers constantly hunting for vulnerabilities in that software, build it in more secure ways,\" Neuberger said.</p>\n<p>Following last year's Solar Winds attack , which went unnoticed for months and threatened 18,000 companies and government agencies, and the Colonial Pipeline hack that led to widespread gasoline shortages in the U.S. Northeast, there finally seems to be an appetite for bipartisan legislation that would enable better oversight of critical infrastructure, according to Mark Gamis a senior vice president at Booz Allen Hamilton who advises federal clients on cyber operations.</p>\n<p>He pointed to reports of a proposal drafted by Democratic Sen. Mark Warner of Virginia and Republican senators Marco Rubio of Florida and Susan Collins of Maine that would require federal contractors and owners of critical infrastructure to report cyber incidents to federal authorities within 24 hours.</p>\n<p>\"That's important because the federal government has tremendous resources to bring to bear to help our with an incident, and in any sort of emergent situation, time is of the essence,\" he said, adding that the bipartisan nature of the bill indicates the GOP is now ready to get on board with mandatory reporting.</p>\n<p>Cybersecurity advocates have long argued that greater collaboration between government and business is essential to mitigate the effects of cybercrime.</p>\n<p>\"Governments and companies have different sources of information, insight and intelligence, wrote Paul Me, a lead partner for Cyber Risk at the consultancy Oliver Wyman in an op-ed for the World Economic Forum . \"Pooling them in a timely manner will create a clearer and more current picture of cyberthreats.\"</p>\n<p>CSIS' Jim Lewis, warned, however, that at its core the problem must be viewed through the lense of geopolitics, because the most sophisticated cyberattacks largely come from state actors or criminal groups in adversarial nations, including China, Iran and Russia. U.S. intelligence officials have said both the Solar Winds and Colonial Pipeline attack were done by Russian proxies.</p>\n<p>See also: Biden says he told Putin infrastructure should be 'off limits' to cyberattacks</p>\n<p>\"The Russians have a thriving cybercrime market and make billions of dollars a year,\" Lewis said. \"So why would they give that up, especially because the Kremlin enjoys the U.S. getting hit over the head?\"</p>\n<p>Lewis said that the Biden-Putin summit earlier this month was a success insofar as Biden set boundaries on acceptable behavior, with the president demanding that 16 critical infrastructure sectors , including energy and water, should be off-limits to cyberattacks. The question of how the U.S. would retaliate following a hack on one of these sectors, however, remains unanswered.</p>\n<p>\"The Russians have basically said that 'you have so many sanctions on us, one more won't make a difference,\" Lewis said, adding that the U.S. must get creative about an cyber-offensive approach to punish adversaries for their behavior, including shutting down cloud computing services that power the Russian internet.</p>\n<p>\"These are hard issues because the two things that the government needs to do is regulate U.S. companies while engaging with both allies and opponents on the international stage,\" Lewis added. \"Maybe that's too much for the government, but if it's too much in the government, we just need to get used to being whacked.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148807114","content_text":"International rivals have little incentive to stop attacks against the U.S.\nAn epidemic of cyberattacks against the American government, citizens and businesses has raged for years, but experts say the U.S. government has been slow to respond, while remaining skeptical that proposed solutions would be effective in stopping international cyberthreats.\nThe only major cybersecurity law passed during the past decade was the Cybersecurity Information Sharing Act of 2015, which created rules encouraging the private sector to share information about cyberattacks with the government, but did not make disclosure mandatory.\nJim Lewis, director of the strategic technologies program at the Center for Strategic and International Studies told MarketWatch that congressional gridlock kept the Obama administration from passing a bipartisan law that would enable the federal government to require private companies to report cyberattacks.\nRead more: Colonial Pipeline CEO warns Congress that 'criminal gangs' are always 'sharpening their tactics' to target U.S. companies, government\n\"The idea of regulation used to be that you couldn't bring it up,\" he said. \"The Chamber of Commerce and and everyone else lined up to explain why it was bad. At the end of the day, Mitch McConnell decided that he didn't want to regulate,\" referring to the then Republican Senate majority leader from Kentucky. During the Trump administration, \"we pretty much sat out the last four years, it's painful to say that, but that's how it is,\" he added.\nPresident Joe Biden's administration, however, is attempting to make up for lost time with an executive order signed in May that would beef up U.S. government cyber security defenses and leverage the power of the federal procurement process to raise the security of software products.\n\"There's has really been a missed opportunity to use federal procurement to drive a secure market,\" Anne Neuberger, deputy national security adviser for cyber and emerging technology at the White House said during a virtual conference at CSIS last month.\nShe added that the government is developing software standards that private providers must meet in order to sell to the government under the theory that higher quality software would become the industry standard, given the vast amount of software the government purchases annually. Neuberger argued that it wouldn't be cost effective for software providers to offer two products: a superior one to the government and a substandard one to the private sector.\n\"When you're building software in a world where you have sophisticated nation-state attackers constantly hunting for vulnerabilities in that software, build it in more secure ways,\" Neuberger said.\nFollowing last year's Solar Winds attack , which went unnoticed for months and threatened 18,000 companies and government agencies, and the Colonial Pipeline hack that led to widespread gasoline shortages in the U.S. Northeast, there finally seems to be an appetite for bipartisan legislation that would enable better oversight of critical infrastructure, according to Mark Gamis a senior vice president at Booz Allen Hamilton who advises federal clients on cyber operations.\nHe pointed to reports of a proposal drafted by Democratic Sen. Mark Warner of Virginia and Republican senators Marco Rubio of Florida and Susan Collins of Maine that would require federal contractors and owners of critical infrastructure to report cyber incidents to federal authorities within 24 hours.\n\"That's important because the federal government has tremendous resources to bring to bear to help our with an incident, and in any sort of emergent situation, time is of the essence,\" he said, adding that the bipartisan nature of the bill indicates the GOP is now ready to get on board with mandatory reporting.\nCybersecurity advocates have long argued that greater collaboration between government and business is essential to mitigate the effects of cybercrime.\n\"Governments and companies have different sources of information, insight and intelligence, wrote Paul Me, a lead partner for Cyber Risk at the consultancy Oliver Wyman in an op-ed for the World Economic Forum . \"Pooling them in a timely manner will create a clearer and more current picture of cyberthreats.\"\nCSIS' Jim Lewis, warned, however, that at its core the problem must be viewed through the lense of geopolitics, because the most sophisticated cyberattacks largely come from state actors or criminal groups in adversarial nations, including China, Iran and Russia. U.S. intelligence officials have said both the Solar Winds and Colonial Pipeline attack were done by Russian proxies.\nSee also: Biden says he told Putin infrastructure should be 'off limits' to cyberattacks\n\"The Russians have a thriving cybercrime market and make billions of dollars a year,\" Lewis said. \"So why would they give that up, especially because the Kremlin enjoys the U.S. getting hit over the head?\"\nLewis said that the Biden-Putin summit earlier this month was a success insofar as Biden set boundaries on acceptable behavior, with the president demanding that 16 critical infrastructure sectors , including energy and water, should be off-limits to cyberattacks. The question of how the U.S. would retaliate following a hack on one of these sectors, however, remains unanswered.\n\"The Russians have basically said that 'you have so many sanctions on us, one more won't make a difference,\" Lewis said, adding that the U.S. must get creative about an cyber-offensive approach to punish adversaries for their behavior, including shutting down cloud computing services that power the Russian internet.\n\"These are hard issues because the two things that the government needs to do is regulate U.S. companies while engaging with both allies and opponents on the international stage,\" Lewis added. \"Maybe that's too much for the government, but if it's too much in the government, we just need to get used to being whacked.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880483542,"gmtCreate":1631071884486,"gmtModify":1676530459850,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Hit and run","listText":"Hit and run","text":"Hit and run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880483542","repostId":"1165955664","repostType":4,"repost":{"id":"1165955664","kind":"news","pubTimestamp":1631070854,"share":"https://ttm.financial/m/news/1165955664?lang=&edition=fundamental","pubTime":"2021-09-08 11:14","market":"us","language":"en","title":"Here's Why Clover Health Soared on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1165955664","media":"Motley Fool","summary":"The volatile Medicare stock is rising sharply.","content":"<p><b>What happened</b></p>\n<p><b>Clover Health</b>(NASDAQ:CLOV), the Medicare insurance technology company, has had a volatile history since going public through a Chamath Palihapitiya-backedSPAC, and it is on the move on Tuesday. As of closed, the stock was higher by more than 22%.</p>\n<p><b>So what</b></p>\n<p>Surprisingly enough, the move is coming without any company-specific news. But recall that this isn't the first time we've seen Clover skyrocket without a good business-related reason. In June, the stock jumped from about $9 to more than $28 over the course of three trading sessions as part of a \"meme stock\" craze that also saw fellow meme stocks&nbsp;<b>AMC Entertainment</b>(NYSE:AMC)&nbsp;and&nbsp;<b>GameStop</b>(NYSE:GME)&nbsp;move sharply higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cefaccb4bd2699e8503418d9241ae4d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>Well, there's a good reason to believe that today's move is similar in nature. On the Wallstreetbets Reddit group, Clover was the most frequently mentioned stock on Tuesday. Several other meme stocks, including AMC, were higher as well.</p>\n<p><b>Now what</b></p>\n<p>As mentioned, last time Clover started to rise without any news, the move lasted for about three days and resulted in the stock price more than tripling. So it's entirely possible that this move could be sustained for some time.</p>\n<p>However, it's also worth mentioning that once the steam ran out of the last rally, the stock fell back to Earth rather quickly. So this is definitely a situation in which investors should tread carefully. The best course of action for long-term investors who own shares and believe in Clover Health's long-term potential is likely to do nothing at all.</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>Here's Why Clover Health Soared on Tuesday</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\">\nHere's Why Clover Health Soared on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 11:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/07/heres-why-clover-health-is-soaring-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nClover Health(NASDAQ:CLOV), the Medicare insurance technology company, has had a volatile history since going public through a Chamath Palihapitiya-backedSPAC, and it is on the move on ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/07/heres-why-clover-health-is-soaring-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"source_url":"https://www.fool.com/investing/2021/09/07/heres-why-clover-health-is-soaring-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165955664","content_text":"What happened\nClover Health(NASDAQ:CLOV), the Medicare insurance technology company, has had a volatile history since going public through a Chamath Palihapitiya-backedSPAC, and it is on the move on Tuesday. As of closed, the stock was higher by more than 22%.\nSo what\nSurprisingly enough, the move is coming without any company-specific news. But recall that this isn't the first time we've seen Clover skyrocket without a good business-related reason. In June, the stock jumped from about $9 to more than $28 over the course of three trading sessions as part of a \"meme stock\" craze that also saw fellow meme stocks AMC Entertainment(NYSE:AMC) and GameStop(NYSE:GME) move sharply higher.\nIMAGE SOURCE: GETTY IMAGES.\nWell, there's a good reason to believe that today's move is similar in nature. On the Wallstreetbets Reddit group, Clover was the most frequently mentioned stock on Tuesday. Several other meme stocks, including AMC, were higher as well.\nNow what\nAs mentioned, last time Clover started to rise without any news, the move lasted for about three days and resulted in the stock price more than tripling. So it's entirely possible that this move could be sustained for some time.\nHowever, it's also worth mentioning that once the steam ran out of the last rally, the stock fell back to Earth rather quickly. So this is definitely a situation in which investors should tread carefully. The best course of action for long-term investors who own shares and believe in Clover Health's long-term potential is likely to do nothing at all.","news_type":1},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167391863,"gmtCreate":1624245688852,"gmtModify":1703831457212,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"VW group build up EV&nbsp;battery self&nbsp;supply to make big move in EV market by 2030.","listText":"VW group build up EV&nbsp;battery self&nbsp;supply to make big move in EV market by 2030.","text":"VW group build up EV battery self supply to make big move in EV market by 2030.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/167391863","repostId":"1166259530","repostType":4,"repost":{"id":"1166259530","kind":"news","pubTimestamp":1624244921,"share":"https://ttm.financial/m/news/1166259530?lang=&edition=fundamental","pubTime":"2021-06-21 11:08","market":"us","language":"en","title":"Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259530","media":"benzinga","summary":"Porsche, owned by Volkswagen AG,is setting up a joint venture with German battery maker Customcells ","content":"<ul>\n <li>Porsche, owned by&nbsp;<b>Volkswagen AG</b>,is setting up a joint venture with German battery maker&nbsp;<b>Customcells</b>&nbsp;to produce high-performance battery cells,&nbsp;Bloomberg&nbsp;reports.</li>\n <li>According to the report, these battery cells will help vehicles reduce charging times, providing better performance.</li>\n <li>The new joint venture will produce batteries with higher energy density than prototypes used in Porsche's current electric cars. The production will begin in 2024.</li>\n <li>The company will use silicon as anode material for higher energy density and a more compact battery.</li>\n <li>Porsche will invest a high double-digit million euro sum in the joint venture and have an 83.75% stake in the joint venture called Cellforce Group.</li>\n <li><i>Related Link:For more electric vehicle news, check out Benzinga's EV hub.</i></li>\n <li>The production will take place in Tübingen, south of Stuttgart, Germany, and will have a capacity of 100 kilowatt-hours. This will translate into about enough batteries for 1,000 cars a year.</li>\n <li>The company has said that it will continue to test its battery technology in motorsports.</li>\n <li>In February,&nbsp;Porsche&nbsp;announced that it would invest $18.1 billion in the electrification of its vehicles over the next five years.</li>\n <li>Earlier, Volkswagen has said that it will continue to offer the Porsche&nbsp;911 model with internal combustion engines, albeit able to handle synthetic fuels.</li>\n <li>Volkswagen plans to build battery cell plants across Europe and expand infrastructure to charge electric vehicles globally.</li>\n</ul>","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>Porsche To Set Up Joint Venture To Make High-Performance Battery Cells: 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; 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\">\nPorsche To Set Up Joint Venture To Make High-Performance Battery Cells: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 11:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21636780/porsche-to-set-up-joint-venture-to-make-high-performance-battery-cells-report><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Porsche, owned by Volkswagen AG,is setting up a joint venture with German battery maker Customcells to produce high-performance battery cells, Bloomberg reports.\nAccording to the report, these battery...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21636780/porsche-to-set-up-joint-venture-to-make-high-performance-battery-cells-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VWAGY":"大众汽车ADR"},"source_url":"https://www.benzinga.com/news/21/06/21636780/porsche-to-set-up-joint-venture-to-make-high-performance-battery-cells-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259530","content_text":"Porsche, owned by Volkswagen AG,is setting up a joint venture with German battery maker Customcells to produce high-performance battery cells, Bloomberg reports.\nAccording to the report, these battery cells will help vehicles reduce charging times, providing better performance.\nThe new joint venture will produce batteries with higher energy density than prototypes used in Porsche's current electric cars. The production will begin in 2024.\nThe company will use silicon as anode material for higher energy density and a more compact battery.\nPorsche will invest a high double-digit million euro sum in the joint venture and have an 83.75% stake in the joint venture called Cellforce Group.\nRelated Link:For more electric vehicle news, check out Benzinga's EV hub.\nThe production will take place in Tübingen, south of Stuttgart, Germany, and will have a capacity of 100 kilowatt-hours. This will translate into about enough batteries for 1,000 cars a year.\nThe company has said that it will continue to test its battery technology in motorsports.\nIn February, Porsche announced that it would invest $18.1 billion in the electrification of its vehicles over the next five years.\nEarlier, Volkswagen has said that it will continue to offer the Porsche 911 model with internal combustion engines, albeit able to handle synthetic fuels.\nVolkswagen plans to build battery cell plants across Europe and expand infrastructure to charge electric vehicles globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816851551,"gmtCreate":1630489228273,"gmtModify":1676530317930,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Supply chain issue and competition from auto manufacturers.","listText":"Supply chain issue and competition from auto manufacturers.","text":"Supply chain issue and competition from auto manufacturers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816851551","repostId":"1156393470","repostType":4,"repost":{"id":"1156393470","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630487935,"share":"https://ttm.financial/m/news/1156393470?lang=&edition=fundamental","pubTime":"2021-09-01 17:18","market":"us","language":"en","title":"Nio shares fell more than 3% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156393470","media":"Tiger Newspress","summary":"Nio shares fell more than 3% in premarket trading.\nNIO delivered 5,880 vehicles in August 2021, repr","content":"<p>Nio&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;3%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ad3301f3aa8ef1b7317bcb49d24c38de\" tg-width=\"898\" tg-height=\"627\" width=\"100%\" height=\"auto\">NIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.</p>\n<p>In light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.</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>Nio shares fell more than 3% 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\">\nNio shares fell more than 3% 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\">2021-09-01 17:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nio&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;3%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ad3301f3aa8ef1b7317bcb49d24c38de\" tg-width=\"898\" tg-height=\"627\" width=\"100%\" height=\"auto\">NIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.</p>\n<p>In light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156393470","content_text":"Nio shares fell more than 3% in premarket trading.\nNIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.\nIn light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811377894,"gmtCreate":1630293340218,"gmtModify":1676530259654,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Up to the moon","listText":"Up to the moon","text":"Up to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811377894","repostId":"1159889394","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805426370,"gmtCreate":1627900949790,"gmtModify":1703497480660,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Today profit taking?","listText":"Today profit taking?","text":"Today profit taking?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805426370","repostId":"1182813200","repostType":4,"repost":{"id":"1182813200","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627895447,"share":"https://ttm.financial/m/news/1182813200?lang=&edition=fundamental","pubTime":"2021-08-02 17:10","market":"us","language":"en","title":"Nio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1182813200","media":"Benzinga","summary":"U.S.-listed Chinese electric vehicle makerNio IncNIO 0.06%deliveries more than doubled in the month ","content":"<p>U.S.-listed Chinese electric vehicle maker<b>Nio Inc</b>NIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but&nbsp;fell short of homegrown peers&nbsp;<b>Xpeng Inc</b>&nbsp;XPEV 0.2%&nbsp;and&nbsp;<b>Li Auto</b>&nbsp;LI.</p>\n<p><b>What Happened:</b>&nbsp;The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but&nbsp;a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.</p>\n<p>The split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.</p>\n<p>The company has cumulatively delivered 125,528 vehicles as of July.</p>\n<p>Rival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.</p>\n<p><b>Why It Matters:</b>&nbsp;In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.</p>\n<p>Despite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.</p>\n<p>For Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such as<b>Tesla Inc</b>TSLAand<b>Volkswagen AG</b>VWAGY. The company aims to begin deliveries in Norway from September.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 4.83% higher at $44.68 on Friday.</p>\n<p>Nio shares&nbsp;fell&nbsp;over&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;at&nbsp;the&nbsp;same&nbsp;time,&nbsp;<b>Li Auto</b>&nbsp;and&nbsp;<b>Xpeng Inc</b>&nbsp;rose&nbsp;over&nbsp;4%&nbsp;.<img src=\"https://static.tigerbbs.com/2873ab006d0e3a4be6d8d97aebb351d3\" tg-width=\"306\" tg-height=\"128\" width=\"100%\" height=\"auto\"></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>Nio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio July Deliveries Surge 125% But Fall Below Those Of Rivals Xpeng, Li: What You Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-02 17:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S.-listed Chinese electric vehicle maker<b>Nio Inc</b>NIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but&nbsp;fell short of homegrown peers&nbsp;<b>Xpeng Inc</b>&nbsp;XPEV 0.2%&nbsp;and&nbsp;<b>Li Auto</b>&nbsp;LI.</p>\n<p><b>What Happened:</b>&nbsp;The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but&nbsp;a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.</p>\n<p>The split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.</p>\n<p>The company has cumulatively delivered 125,528 vehicles as of July.</p>\n<p>Rival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.</p>\n<p><b>Why It Matters:</b>&nbsp;In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.</p>\n<p>Despite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.</p>\n<p>For Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such as<b>Tesla Inc</b>TSLAand<b>Volkswagen AG</b>VWAGY. The company aims to begin deliveries in Norway from September.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 4.83% higher at $44.68 on Friday.</p>\n<p>Nio shares&nbsp;fell&nbsp;over&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;at&nbsp;the&nbsp;same&nbsp;time,&nbsp;<b>Li Auto</b>&nbsp;and&nbsp;<b>Xpeng Inc</b>&nbsp;rose&nbsp;over&nbsp;4%&nbsp;.<img src=\"https://static.tigerbbs.com/2873ab006d0e3a4be6d8d97aebb351d3\" tg-width=\"306\" tg-height=\"128\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182813200","content_text":"U.S.-listed Chinese electric vehicle makerNio IncNIO 0.06%deliveries more than doubled in the month of July on a year-on-year basis but fell short of homegrown peers Xpeng Inc XPEV 0.2% and Li Auto LI.\nWhat Happened: The Shanghai-headquartered EV maker delivered 7,931 vehicles in July, up about 124.5% when compared with the year-ago number but a 1.8% decline from June, when sales picked up pace sharply sequentially despite the ongoing global semiconductor shortage.\nThe split for July was 1,702 six-seater and seven-seater ES8 SUVs, 3,669 five-seater ES6s and 2,560 five-seater EC6 coupe models.\nThe company has cumulatively delivered 125,528 vehicles as of July.\nRival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July.\nWhy It Matters: In March, Nio was forced to halt production at its Hefei manufacturing plant for five working days starting March 29. The company had in May said sales were adversely hurt for several days due to the volatile semiconductor supply and certain logistical adjustments.\nDespite challenges amid plans to begin deliveries in Norway, Nio has reiterated the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.\nFor Nio, Norway will play out to be a gateway to expand into other countries in Europe where it will compete with bigger and established rivals such asTesla IncTSLAandVolkswagen AGVWAGY. The company aims to begin deliveries in Norway from September.\nPrice Action: Nio shares closed 4.83% higher at $44.68 on Friday.\nNio shares fell over 1% in premarket trading, at the same time, Li Auto and Xpeng Inc rose over 4% .","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172013800,"gmtCreate":1626920221900,"gmtModify":1703480598155,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"What is 100,000 compare to earning billions in a quater.&nbsp;","listText":"What is 100,000 compare to earning billions in a quater.&nbsp;","text":"What is 100,000 compare to earning billions in a quater.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/172013800","repostId":"2153625933","repostType":4,"repost":{"id":"2153625933","kind":"news","pubTimestamp":1626918227,"share":"https://ttm.financial/m/news/2153625933?lang=&edition=fundamental","pubTime":"2021-07-22 09:43","market":"us","language":"en","title":"UBS hikes junior bankers' pay to US$100,000, following Wall Street rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=2153625933","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in","content":"<div>\n<p>NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>UBS hikes junior bankers' pay to US$100,000, following Wall Street rivals</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\">\nUBS hikes junior bankers' pay to US$100,000, following Wall Street rivals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行"},"source_url":"http://www.straitstimes.com/business/banking/ubs-hikes-junior-bankers-pay-to-us100000-following-wall-street-rivals","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153625933","content_text":"NEW YORK (BLOOMBERG) - UBS Group is lifting salaries for junior bankers, associates and directors in the US, making it the latest financial firm to boost pay in an effort to retain younger employees amid increased competition from buy-side and tech firms and crushing workloads from a surge in deals.\nFirst-year analysts will now earn at least US$100,000 (S$136,000) a year, matching pay at Deutsche Bank, Citigroup, Barclays and JPMorgan Chase & Co, while their second-year counterparts will make US$105,000 and third-year analysts will bring in US$110,000, according to a person with knowledge of the increase.\nThe raises for US employees at the Zurich-based bank will take effect Aug 1, the person said, asking not to be identified because the information isn't public. Associates will earn US$175,000 to US$225,000 and directors at least US$275,000 after the raises, the person said.\nUBS joins the slew of financial firms, which includes PJ Solomon and Guggenheim Partners, that have lifted base salaries for first-year bankers to US$100,000 in a bid to stem defections of younger staff inundated by work. Mary Erdoes, chief executive officer of JPMorgan's asset and wealth management business, defended such intense workloads, saying they were necessary to adequately train analysts starting out on Wall Street.\n\"If you think 10,000 hours is about what you need to master any subject, if someone comes in and has a regular, eight-hour-a-day job, five days a week, it's gonna take about five years to have a base-level mastery,\" she said in a Bloomberg Television interview. \"On Wall Street, it's more like 12 hours a day, six days a week. That cuts you down to about two and a half years before you become mastered in something.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","crmLevel":2,"crmLevelSwitch":0,"idStr":"3576231291459124","authorIdStr":"3576231291459124"},"content":"But stock still below $16. Undervalue?","text":"But stock still below $16. Undervalue?","html":"But stock still below $16. Undervalue?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185690174,"gmtCreate":1623644593798,"gmtModify":1704207703371,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/185690174","repostId":"1105297799","repostType":4,"repost":{"id":"1105297799","kind":"news","pubTimestamp":1623626792,"share":"https://ttm.financial/m/news/1105297799?lang=&edition=fundamental","pubTime":"2021-06-14 07:26","market":"us","language":"en","title":"A Meme Stock Is Born: How to Spot the Next Reddit Favorite","url":"https://stock-news.laohu8.com/highlight/detail?id=1105297799","media":"Bloomberg","summary":"Heavily shorted shares are a common theme among the group. The big stock-price gains often come alongside big drops. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.“I can’t imagine this is going to continue in the sam","content":"<ul>\n <li>Heavily shorted shares are a common theme among the group</li>\n <li>The big stock-price gains often come alongside big drops</li>\n</ul>\n<p>Trying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.</p>\n<p>While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.</p>\n<p>Investors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&amp;P 500 Index rose 2.3%.</p>\n<p><img src=\"https://static.tigerbbs.com/3cc5569937ba7f5b5c78898800cdfdfc\" tg-width=\"773\" tg-height=\"717\"></p>\n<p>Among the most heavily shorted stocks are names like&nbsp;Clover Health Investments Corp.,Workhorse Group Inc.&nbsp;and&nbsp;Geo Group Inc., which have already caught the attention of retail traders in recent days.</p>\n<p>Meanwhile,Bumble Inc.&nbsp;and&nbsp;Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.</p>\n<p><img src=\"https://static.tigerbbs.com/dd6a19a4330894a2f8dfe602f1f76c6a\" tg-width=\"773\" tg-height=\"737\"></p>\n<p>While these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.</p>\n<p>After opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.</p>\n<p><img src=\"https://static.tigerbbs.com/bb51208dc3df58cd52f6d1a876bdf594\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”</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>A Meme Stock Is Born: How to Spot the Next Reddit Favorite</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\">\nA Meme Stock Is Born: How to Spot the Next Reddit Favorite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 07:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BMBL":"Bumble Inc.","WKHS":"Workhorse Group, Inc.","CLOV":"Clover Health Corp","WOOF":"Petco Health and Wellness Company, Inc.","GEO":"GEO惩教集团",".DJI":"道琼斯","KWITD":"Wellness Matrix Group, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105297799","content_text":"Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.\nWhile there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.\nInvestors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&P 500 Index rose 2.3%.\n\nAmong the most heavily shorted stocks are names like Clover Health Investments Corp.,Workhorse Group Inc. and Geo Group Inc., which have already caught the attention of retail traders in recent days.\nMeanwhile,Bumble Inc. and Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.\n\nWhile these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.\nAfter opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.\n\n“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171562443,"gmtCreate":1626751098182,"gmtModify":1703764495290,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"High demand on chips.","listText":"High demand on chips.","text":"High demand on chips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171562443","repostId":"2152992651","repostType":4,"repost":{"id":"2152992651","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":1626749717,"share":"https://ttm.financial/m/news/2152992651?lang=&edition=fundamental","pubTime":"2021-07-20 10:55","market":"us","language":"en","title":"GlobalFoundries to build New York factory, boost chip output","url":"https://stock-news.laohu8.com/highlight/detail?id=2152992651","media":"Reuters","summary":"July 19 (Reuters) - Semiconductor manufacturer GlobalFoundries said on Monday it will build a second","content":"<p>July 19 (Reuters) - Semiconductor manufacturer GlobalFoundries said on Monday it will build a second factory near its in Malta, New York, headquarters, and spend $1 billion to boost output to address the global chip shortage.</p>\n<p>GlobalFoundries, owned by the United Arab Emirates' sovereign wealth fund Mubadala Investment Co, makes radio-frequency communications chips for 5G, chips for high-reliability manufacturing for automotive customers, and other specialized semiconductors.</p>\n<p>The new factory will be at GlobalFoundries' \"Fab 8\" site in upstate New York, where its headquarters moved from California earlier this year, it said at an event announcing the plans.</p>\n<p>The factory will double the site's chipmaking capacity and add 1,000 jobs, with funding from private-public partnerships, including federal and state investments.</p>\n<p>GlobalFoundries plans to spend $1 billion immediately to boost the existing factory's output by 150,000 wafers per year. Wafers are the silicon discs on which semiconductors are made in bulk, and each <a href=\"https://laohu8.com/S/AONE.U\">one</a> can contain thousands of chips.</p>\n<p>\"This chip shortage has been in the making for a decade and a half,\" Chief Executive Thomas Caulfield said at the event attended by U.S. Commerce Secretary Gina Raimondo and U.S. Senator Chuck Schumer, a New York Democrat.</p>\n<p>The news came after a bill containing $52 billion for semiconductor manufacturing passed the U.S. Senate this summer. It awaits action in the U.S. House of Representatives.</p>\n<p>\"We don't just want to create four, five or six more fabs, though we do want to do that. We need the whole ecosystem,\" Raimondo said at the event.</p>\n<p>Mubadala is planning to take GlobalFoundries public in an initial public offering, sources have told Reuters. The Wall Street Journal last week reported that Intel Corp</p>\n<p>was exploring acquiring GlobalFoundries for $30 billion.</p>\n<p>A person familiar with the matter told Reuters there are no active discussions with Intel yet, and Mubadala is focused on taking GlobalFoundries public as planned.</p>\n<p>Mubadala declined to comment.</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>GlobalFoundries to build New York factory, boost chip output</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\">\nGlobalFoundries to build New York factory, boost chip output\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\">2021-07-20 10:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 19 (Reuters) - Semiconductor manufacturer GlobalFoundries said on Monday it will build a second factory near its in Malta, New York, headquarters, and spend $1 billion to boost output to address the global chip shortage.</p>\n<p>GlobalFoundries, owned by the United Arab Emirates' sovereign wealth fund Mubadala Investment Co, makes radio-frequency communications chips for 5G, chips for high-reliability manufacturing for automotive customers, and other specialized semiconductors.</p>\n<p>The new factory will be at GlobalFoundries' \"Fab 8\" site in upstate New York, where its headquarters moved from California earlier this year, it said at an event announcing the plans.</p>\n<p>The factory will double the site's chipmaking capacity and add 1,000 jobs, with funding from private-public partnerships, including federal and state investments.</p>\n<p>GlobalFoundries plans to spend $1 billion immediately to boost the existing factory's output by 150,000 wafers per year. Wafers are the silicon discs on which semiconductors are made in bulk, and each <a href=\"https://laohu8.com/S/AONE.U\">one</a> can contain thousands of chips.</p>\n<p>\"This chip shortage has been in the making for a decade and a half,\" Chief Executive Thomas Caulfield said at the event attended by U.S. Commerce Secretary Gina Raimondo and U.S. Senator Chuck Schumer, a New York Democrat.</p>\n<p>The news came after a bill containing $52 billion for semiconductor manufacturing passed the U.S. Senate this summer. It awaits action in the U.S. House of Representatives.</p>\n<p>\"We don't just want to create four, five or six more fabs, though we do want to do that. We need the whole ecosystem,\" Raimondo said at the event.</p>\n<p>Mubadala is planning to take GlobalFoundries public in an initial public offering, sources have told Reuters. The Wall Street Journal last week reported that Intel Corp</p>\n<p>was exploring acquiring GlobalFoundries for $30 billion.</p>\n<p>A person familiar with the matter told Reuters there are no active discussions with Intel yet, and Mubadala is focused on taking GlobalFoundries public as planned.</p>\n<p>Mubadala declined to comment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NGD":"New Gold"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152992651","content_text":"July 19 (Reuters) - Semiconductor manufacturer GlobalFoundries said on Monday it will build a second factory near its in Malta, New York, headquarters, and spend $1 billion to boost output to address the global chip shortage.\nGlobalFoundries, owned by the United Arab Emirates' sovereign wealth fund Mubadala Investment Co, makes radio-frequency communications chips for 5G, chips for high-reliability manufacturing for automotive customers, and other specialized semiconductors.\nThe new factory will be at GlobalFoundries' \"Fab 8\" site in upstate New York, where its headquarters moved from California earlier this year, it said at an event announcing the plans.\nThe factory will double the site's chipmaking capacity and add 1,000 jobs, with funding from private-public partnerships, including federal and state investments.\nGlobalFoundries plans to spend $1 billion immediately to boost the existing factory's output by 150,000 wafers per year. Wafers are the silicon discs on which semiconductors are made in bulk, and each one can contain thousands of chips.\n\"This chip shortage has been in the making for a decade and a half,\" Chief Executive Thomas Caulfield said at the event attended by U.S. Commerce Secretary Gina Raimondo and U.S. Senator Chuck Schumer, a New York Democrat.\nThe news came after a bill containing $52 billion for semiconductor manufacturing passed the U.S. Senate this summer. It awaits action in the U.S. House of Representatives.\n\"We don't just want to create four, five or six more fabs, though we do want to do that. We need the whole ecosystem,\" Raimondo said at the event.\nMubadala is planning to take GlobalFoundries public in an initial public offering, sources have told Reuters. The Wall Street Journal last week reported that Intel Corp\nwas exploring acquiring GlobalFoundries for $30 billion.\nA person familiar with the matter told Reuters there are no active discussions with Intel yet, and Mubadala is focused on taking GlobalFoundries public as planned.\nMubadala declined to comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122958809,"gmtCreate":1624594553801,"gmtModify":1703841286449,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Nice. First nation wide&nbsp;cryto ATMs. Who next?","listText":"Nice. First nation wide&nbsp;cryto ATMs. Who next?","text":"Nice. First nation wide cryto ATMs. Who next?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122958809","repostId":"2146902910","repostType":4,"repost":{"id":"2146902910","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":1624584937,"share":"https://ttm.financial/m/news/2146902910?lang=&edition=fundamental","pubTime":"2021-06-25 09:35","market":"fut","language":"en","title":"Athena says will install 1,500 cryptocurrency ATMs in El Salvador","url":"https://stock-news.laohu8.com/highlight/detail?id=2146902910","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocu","content":"<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</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>Athena says will install 1,500 cryptocurrency ATMs in El Salvador</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\">\nAthena says will install 1,500 cryptocurrency ATMs in El Salvador\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 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</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":"2146902910","content_text":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.\nAccording to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.\nThe firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.\nEl Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.\nBukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.\n\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.\nA year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town one of the world's first bitcoin economies.\nThe World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186146575,"gmtCreate":1623481060497,"gmtModify":1704204839925,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"New mode of transport, new tax revenue, new rules....","listText":"New mode of transport, new tax revenue, new rules....","text":"New mode of transport, new tax revenue, new rules....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186146575","repostId":"2142204061","repostType":4,"repost":{"id":"2142204061","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623452400,"share":"https://ttm.financial/m/news/2142204061?lang=&edition=fundamental","pubTime":"2021-06-12 07:00","market":"us","language":"en","title":"Microsoft and American Airlines-backed flying taxi startup to go public in new $5 billion blank-check wave","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204061","media":"Dow Jones","summary":"Vertical Aerospace and Signa Sports United both announced plans to go public via special-purpose acq","content":"<blockquote>\n Vertical Aerospace and Signa Sports United both announced plans to go public via special-purpose acquisition companies this week.\n</blockquote>\n<p>A developer of electric, flying taxis is set to go public in New York by merging with a blank-check, special-purpose acquisition company, or SPAC, as part of the latest wave of listings bringing more than $5 billion in enterprise value to the stock market.</p>\n<p>Vertical Aerospace announced on Thursday that it would merge with <a href=\"https://laohu8.com/S/BSN\">Broadstone Acquisition Corp</a> <a href=\"https://laohu8.com/S/BSN.AU\">$(BSN.AU)$</a>, bringing around $394 million in gross proceeds to the company as part of a move to become publicly listed on the New York Stock Exchange. Shares in Broadstone were trading 0.5% higher on Friday, after rising around 3.5% in the premarket.</p>\n<p>Based in Bristol, England, Vertical Aerospace was founded in 2016 by energy entrepreneur Stephen Fitzpatrick. The group develops electric vertical takeoff and landing aircraft -- fixed-wing planes that perform like helicopters -- for urban mobility solutions such as passenger taxis, medical evacuations, and carrying cargo.</p>\n<p>Its flagship low-noise, zero-emissions VA-X4 prototype will be able to carry five people more than 100 miles at a top speed of 202 miles an hour. Vertical Aerospace said it should be profitable and cash flow stable with annual sales of less than 100 aircraft.</p>\n<p>Microsoft's <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> venture capital arm, American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a>, Honeywell <a href=\"https://laohu8.com/S/HON\">$(HON)$</a>, and Rolls-Royce were among those investing in the company through the private investment in public equity offering, or PIPE, the group said. The company said it had up to 1,000 aircraft preorders valued at up to $4 billion from American Airlines and aircraft leasing company Avolon, as well as a preorder option from Virgin Atlantic.</p>\n<p>The deal with Broadstone is expected to close in the second half of the year. It values the group and its parent SPAC at an enterprise value of $1.84 billion and equity value of $2.2 billion, based on the $10 per share price in the PIPE.</p>\n<p>Vertical Aerospace is <a href=\"https://laohu8.com/S/AONE\">one</a> of two European technology companies that this week announced plans to go public in New York via blank-check merger, in a new wave of investments amid the cooling down of the red-hot SPAC market of 2020-21 .</p>\n<p>German sports e-commerce platform Signa Sports United announced on Friday it would go public on the NYSE by merging with <a href=\"https://laohu8.com/S/YAC\">Yucaipa Acquisition Corp</a> (YAC). The group said the approximately $300 million PIPE investment was anchored by billionaire Ron Burkle, who leads Yucaipa and owns the Soho House chain of private members' clubs, as well as institutional investors and sovereign-wealth funds.</p>\n<p>The move is a bid from Signa to dominate in the sports e-commerce space, with expected net revenues of around $1.6 billion in the year to September 2021. Signa's deal with Yucaipa also includes the acquisition of Wiggle, a popular U.K. online bicycle brand. Wiggle is currently owned by private equity group Bridgepoint, which bought the brand a decade ago and is slated to receive shares in the new public company.</p>\n<p>Signa Sports United's transaction with Yucaipa is expected to close in the second half of 2021, and gives the new combined company an enterprise valuation of around $3.2 billion. So, between Vertical Aerospace and Signa, more than $5 billion in enterprise value is headed to the New York Stock Exchange this year from high-growth European companies.</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>Microsoft and American Airlines-backed flying taxi startup to go public in new $5 billion blank-check wave</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\">\nMicrosoft and American Airlines-backed flying taxi startup to go public in new $5 billion blank-check wave\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-12 07:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Vertical Aerospace and Signa Sports United both announced plans to go public via special-purpose acquisition companies this week.\n</blockquote>\n<p>A developer of electric, flying taxis is set to go public in New York by merging with a blank-check, special-purpose acquisition company, or SPAC, as part of the latest wave of listings bringing more than $5 billion in enterprise value to the stock market.</p>\n<p>Vertical Aerospace announced on Thursday that it would merge with <a href=\"https://laohu8.com/S/BSN\">Broadstone Acquisition Corp</a> <a href=\"https://laohu8.com/S/BSN.AU\">$(BSN.AU)$</a>, bringing around $394 million in gross proceeds to the company as part of a move to become publicly listed on the New York Stock Exchange. Shares in Broadstone were trading 0.5% higher on Friday, after rising around 3.5% in the premarket.</p>\n<p>Based in Bristol, England, Vertical Aerospace was founded in 2016 by energy entrepreneur Stephen Fitzpatrick. The group develops electric vertical takeoff and landing aircraft -- fixed-wing planes that perform like helicopters -- for urban mobility solutions such as passenger taxis, medical evacuations, and carrying cargo.</p>\n<p>Its flagship low-noise, zero-emissions VA-X4 prototype will be able to carry five people more than 100 miles at a top speed of 202 miles an hour. Vertical Aerospace said it should be profitable and cash flow stable with annual sales of less than 100 aircraft.</p>\n<p>Microsoft's <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> venture capital arm, American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a>, Honeywell <a href=\"https://laohu8.com/S/HON\">$(HON)$</a>, and Rolls-Royce were among those investing in the company through the private investment in public equity offering, or PIPE, the group said. The company said it had up to 1,000 aircraft preorders valued at up to $4 billion from American Airlines and aircraft leasing company Avolon, as well as a preorder option from Virgin Atlantic.</p>\n<p>The deal with Broadstone is expected to close in the second half of the year. It values the group and its parent SPAC at an enterprise value of $1.84 billion and equity value of $2.2 billion, based on the $10 per share price in the PIPE.</p>\n<p>Vertical Aerospace is <a href=\"https://laohu8.com/S/AONE\">one</a> of two European technology companies that this week announced plans to go public in New York via blank-check merger, in a new wave of investments amid the cooling down of the red-hot SPAC market of 2020-21 .</p>\n<p>German sports e-commerce platform Signa Sports United announced on Friday it would go public on the NYSE by merging with <a href=\"https://laohu8.com/S/YAC\">Yucaipa Acquisition Corp</a> (YAC). The group said the approximately $300 million PIPE investment was anchored by billionaire Ron Burkle, who leads Yucaipa and owns the Soho House chain of private members' clubs, as well as institutional investors and sovereign-wealth funds.</p>\n<p>The move is a bid from Signa to dominate in the sports e-commerce space, with expected net revenues of around $1.6 billion in the year to September 2021. Signa's deal with Yucaipa also includes the acquisition of Wiggle, a popular U.K. online bicycle brand. Wiggle is currently owned by private equity group Bridgepoint, which bought the brand a decade ago and is slated to receive shares in the new public company.</p>\n<p>Signa Sports United's transaction with Yucaipa is expected to close in the second half of 2021, and gives the new combined company an enterprise valuation of around $3.2 billion. So, between Vertical Aerospace and Signa, more than $5 billion in enterprise value is headed to the New York Stock Exchange this year from high-growth European companies.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","AAL":"美国航空","03086":"华夏纳指","RYCEY":"Rolls Royce Holdings plc","MSFT":"微软","AFG":"美国金融集团有限公司","HON":"霍尼韦尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204061","content_text":"Vertical Aerospace and Signa Sports United both announced plans to go public via special-purpose acquisition companies this week.\n\nA developer of electric, flying taxis is set to go public in New York by merging with a blank-check, special-purpose acquisition company, or SPAC, as part of the latest wave of listings bringing more than $5 billion in enterprise value to the stock market.\nVertical Aerospace announced on Thursday that it would merge with Broadstone Acquisition Corp $(BSN.AU)$, bringing around $394 million in gross proceeds to the company as part of a move to become publicly listed on the New York Stock Exchange. Shares in Broadstone were trading 0.5% higher on Friday, after rising around 3.5% in the premarket.\nBased in Bristol, England, Vertical Aerospace was founded in 2016 by energy entrepreneur Stephen Fitzpatrick. The group develops electric vertical takeoff and landing aircraft -- fixed-wing planes that perform like helicopters -- for urban mobility solutions such as passenger taxis, medical evacuations, and carrying cargo.\nIts flagship low-noise, zero-emissions VA-X4 prototype will be able to carry five people more than 100 miles at a top speed of 202 miles an hour. Vertical Aerospace said it should be profitable and cash flow stable with annual sales of less than 100 aircraft.\nMicrosoft's $(MSFT)$ venture capital arm, American Airlines $(AAL)$, Honeywell $(HON)$, and Rolls-Royce were among those investing in the company through the private investment in public equity offering, or PIPE, the group said. The company said it had up to 1,000 aircraft preorders valued at up to $4 billion from American Airlines and aircraft leasing company Avolon, as well as a preorder option from Virgin Atlantic.\nThe deal with Broadstone is expected to close in the second half of the year. It values the group and its parent SPAC at an enterprise value of $1.84 billion and equity value of $2.2 billion, based on the $10 per share price in the PIPE.\nVertical Aerospace is one of two European technology companies that this week announced plans to go public in New York via blank-check merger, in a new wave of investments amid the cooling down of the red-hot SPAC market of 2020-21 .\nGerman sports e-commerce platform Signa Sports United announced on Friday it would go public on the NYSE by merging with Yucaipa Acquisition Corp (YAC). The group said the approximately $300 million PIPE investment was anchored by billionaire Ron Burkle, who leads Yucaipa and owns the Soho House chain of private members' clubs, as well as institutional investors and sovereign-wealth funds.\nThe move is a bid from Signa to dominate in the sports e-commerce space, with expected net revenues of around $1.6 billion in the year to September 2021. Signa's deal with Yucaipa also includes the acquisition of Wiggle, a popular U.K. online bicycle brand. Wiggle is currently owned by private equity group Bridgepoint, which bought the brand a decade ago and is slated to receive shares in the new public company.\nSigna Sports United's transaction with Yucaipa is expected to close in the second half of 2021, and gives the new combined company an enterprise valuation of around $3.2 billion. So, between Vertical Aerospace and Signa, more than $5 billion in enterprise value is headed to the New York Stock Exchange this year from high-growth European companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115378691,"gmtCreate":1622954725413,"gmtModify":1704193755539,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Yes. Looking forward to it","listText":"Yes. Looking forward to it","text":"Yes. Looking forward to it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115378691","repostId":"1156802172","repostType":4,"repost":{"id":"1156802172","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</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>Nio Begins Prepping For Nio Day 2021: What We Know So Far</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112297892,"gmtCreate":1622871842716,"gmtModify":1704192834669,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Can make money, who don't want to involve?&nbsp;","listText":"Can make money, who don't want to involve?&nbsp;","text":"Can make money, who don't want to involve?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/112297892","repostId":"1114675600","repostType":4,"repost":{"id":"1114675600","kind":"news","pubTimestamp":1622859189,"share":"https://ttm.financial/m/news/1114675600?lang=&edition=fundamental","pubTime":"2021-06-05 10:13","market":"us","language":"en","title":"Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1114675600","media":"Barrons","summary":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ","content":"<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.</p>\n<p>It all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to&nbsp;push share prices higher&nbsp;for several&nbsp;small-company&nbsp;stocks. These companies—such as&nbsp;Express(EXPR),BlackBerry(BB),Bed Bath &amp; Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.</p>\n<p>Small-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion&nbsp;Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million&nbsp;Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”</p>\n<p>That’s good news for investors, though a challenging stance for&nbsp;fund managers. Shares of&nbsp;AMC Entertainment&nbsp;Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the&nbsp;Russell 2000&nbsp;index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop&nbsp;was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.</p>\n<p><img src=\"https://static.tigerbbs.com/8f4862424d8d1aacb204de9fce666d5e\" tg-width=\"953\" tg-height=\"651\"></p>\n<p>“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)</p>\n<p>Fund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.</p>\n<p><img src=\"https://static.tigerbbs.com/b00008b77302ea5d4f8f76370c5612b8\" tg-width=\"964\" tg-height=\"593\"></p>\n<p>What’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.</p>\n<p>“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”</p>\n<p>Some active funds, including the $4.3 billion&nbsp;BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.</p>\n<p>Many active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.</p>\n<p>“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”</p>\n<p>Fund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.</p>\n<p>This is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.</p>\n<p>The long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.</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\">\nFund Managers Are Ignoring Meme Stocks. That’s a Good Thing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on ...</p>\n\n<a href=\"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","BB":"黑莓","BBBY":"3B家居",".IXIC":"NASDAQ Composite","GME":"游戏驿站",".DJI":"道琼斯","AMC":"AMC院线","EXPR":"Express, Inc."},"source_url":"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114675600","content_text":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.\nSmall-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”\nThat’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.\n\n“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)\nFund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.\n\nWhat’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.\n“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”\nSome active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.\nMany active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.\n“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”\nFund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.\nThis is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.\nThe long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137047183,"gmtCreate":1622275400442,"gmtModify":1704182617872,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137047183","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137044432,"gmtCreate":1622275322826,"gmtModify":1704182617388,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585026211789841","authorIdStr":"3585026211789841"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137044432","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}