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2021-06-24
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Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade
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2021-06-22
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Microsoft stock hits all-time high ahead of Windows 11 event
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profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.</p>\n<p>Capital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.</p>\n<p>If Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.</p>\n<p>A Capital Group spokeswoman declined to comment.</p>\n<p>Rob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.</p>\n<p>Bill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.</p>\n<p>Representatives for Citrone and Ackman declined to comment.</p>\n<p>In March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.</p>\n<p>For at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.</p>\n<p>Kyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”</p>\n<p>While the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.</p>\n<p>The price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.</p>\n<p>In their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.</p>\n<p>For those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.</p>\n<p>Keeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.</p>","source":"lsy1612507957220","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>Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade</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\">\nFannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:13 GMT+8 <a href=https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNMA":"房利美","FMCC":"房地美"},"source_url":"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166311858","content_text":"(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities would one day exit federal control.\nCapital Group, Fairholme Capital Management, Paulson & Co., Blackstone Group Inc.’s credit unit, Discovery Capital Management and Pershing Square are among investors that have bet on a massive jump in value for the government-sponsored enterprises.\nThose wagers went south on Wednesday after the court rejected claims that the Federal Housing Finance Agency exceeded its authority in collecting more than $100 billion in profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.\nCapital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.\nIf Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.\nA Capital Group spokeswoman declined to comment.\nRob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.\nBill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.\nRepresentatives for Citrone and Ackman declined to comment.\nIn March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.\nFor at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.\nKyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”\nWhile the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.\nThe price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.\nIn their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.\nFor those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.\nKeeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120288687,"gmtCreate":1624324754049,"gmtModify":1703833462302,"author":{"id":"3586835307730222","authorId":"3586835307730222","name":"Nhu","avatar":"https://community-static.tradeup.com/news/affe66c99991cb57b5c6439c4b578c42","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586835307730222","authorIdStr":"3586835307730222"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120288687","repostId":"1139073949","repostType":4,"repost":{"id":"1139073949","kind":"news","pubTimestamp":1624323647,"share":"https://ttm.financial/m/news/1139073949?lang=&edition=fundamental","pubTime":"2021-06-22 09:00","market":"us","language":"en","title":"Microsoft stock hits all-time high ahead of Windows 11 event","url":"https://stock-news.laohu8.com/highlight/detail?id=1139073949","media":"seekingalpha","summary":"Microsoft(NASDAQ:MSFT)shares touched an all-time high after rising as much as 1.3% to $263.52 dancin","content":"<ul>\n <li>Microsoft(NASDAQ:MSFT)shares touched an all-time high after rising as much as 1.3% to $263.52 dancing close to the $2T market cap club.</li>\n <li>The company will unveil its \"next generation of Windows\" during an event on June 24.</li>\n <li>Last week, aWindows 11 leak reportedlyshows the new user interface and Start menu, which resemble what Microsoft had planned for the scrappedWindows 10X operating system.</li>\n <li>Microsoft CEO Satya Nadella teased that the new Windows version was coming soon when he spoke at the Build developer conferencein late May.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft stock hits all-time high ahead of Windows 11 event</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 stock hits all-time high ahead of Windows 11 event\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:00 GMT+8 <a href=https://seekingalpha.com/news/3708388-microsoft-stock-hits-all-time-high-ahead-of-windows-11-event><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft(NASDAQ:MSFT)shares touched an all-time high after rising as much as 1.3% to $263.52 dancing close to the $2T market cap club.\nThe company will unveil its \"next generation of Windows\" during ...</p>\n\n<a href=\"https://seekingalpha.com/news/3708388-microsoft-stock-hits-all-time-high-ahead-of-windows-11-event\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/news/3708388-microsoft-stock-hits-all-time-high-ahead-of-windows-11-event","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139073949","content_text":"Microsoft(NASDAQ:MSFT)shares touched an all-time high after rising as much as 1.3% to $263.52 dancing close to the $2T market cap club.\nThe company will unveil its \"next generation of Windows\" during an event on June 24.\nLast week, aWindows 11 leak reportedlyshows the new user interface and Start menu, which resemble what Microsoft had planned for the scrappedWindows 10X operating system.\nMicrosoft CEO Satya Nadella teased that the new Windows version was coming soon when he spoke at the Build developer conferencein late May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":120288687,"gmtCreate":1624324754049,"gmtModify":1703833462302,"author":{"id":"3586835307730222","authorId":"3586835307730222","name":"Nhu","avatar":"https://community-static.tradeup.com/news/affe66c99991cb57b5c6439c4b578c42","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586835307730222","idStr":"3586835307730222"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120288687","repostId":"1139073949","repostType":4,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940107547,"gmtCreate":1677734610690,"gmtModify":1677735619114,"author":{"id":"3586835307730222","authorId":"3586835307730222","name":"Nhu","avatar":"https://community-static.tradeup.com/news/affe66c99991cb57b5c6439c4b578c42","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586835307730222","idStr":"3586835307730222"},"themes":[],"htmlText":"Imformative","listText":"Imformative","text":"Imformative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940107547","repostId":"1124598150","repostType":4,"repost":{"id":"1124598150","kind":"news","pubTimestamp":1677720125,"share":"https://ttm.financial/m/news/1124598150?lang=&edition=fundamental","pubTime":"2023-03-02 09:22","market":"us","language":"en","title":"Musk’s Tesla Master Plan Disappoints, No Detail on New Cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1124598150","media":"Bloomberg","summary":"Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy wi","content":"<html><head></head><body><ul><li>Tesla shares fall in extended trade, no new products unveiled</li><li>Musk sees potential for clean energy with little sacrifice</li></ul><p><img src=\"https://static.tigerbbs.com/4669e6996614a0dbc33a8a507a38bd13\" tg-width=\"390\" tg-height=\"293\" referrerpolicy=\"no-referrer\"/></p><p>Elon Musk’s much-ballyhooed third Master Plan for Tesla Inc. fell flat with investors after failing to offer any firm detail on the company’s long-awaited next generation of electric cars.</p><p>The four-hour presentation was long on Musk’s vision to lead the world’s transition to sustainable energy, but short on any detail on new products.</p><p>While he confirmed a new plant in Monterrey, Mexico will build the next generation of vehicles, he offered no details on timing, saying a “proper product event” will be held another time. Lars Moravy, Tesla’s vice-president of vehicle engineering was similarly vague, answering an analyst question on timing with only: “We’re gonna go as fast as we can.”</p><p>The longer the event went on, the more investors appeared to lose heart. Tesla shares fell as much as 6.8% to $189 in after-hours trading. Before today, the stock had soared from a two-year low it plumbed in early January, adding roughly $310 billion of market value and returning Musk to the top of the Bloomberg Billionaires Index.</p><p>Musk, 51, started the event by outlining his vision for a global switch to electric vehicles, driven by $10 trillion in spending to develop sustainable energy worldwide. The company’s investor event was streamed live from Tesla’s factory in Austin, Texas.</p><p>“Earth will move to a sustainable energy economy,” Tesla’s chief executive officer said. “And it will happen in your lifetime.”</p><blockquote>Key Takeaways From Tesla’s Investor Day:</blockquote><ul><li>Musk didn’t unveil the <b>next-generation</b> vehicle platform or car. Instead, he and his colleagues spent a lot of time talking about operational efficiencies and efforts to drive down costs.</li><li><b>Wall Street</b> was expecting a lot more about the next-generation vehicle, and the event lacked a big headline. The shares declined in after-hours trading.</li><li>Musk confirmed that Tesla will build its next auto plant in <b>Mexico</b>, near Monterrey, but didn’t provide any fresh details except that the next-generation car will be built there.</li><li>Drew Baglino, Tesla’s senior vice president of powertrain and energy engineering, confirmed that the company has broken ground on a <b>lithium refining</b> plant in Corpus Christi, Texas.</li><li>Tesla used the event to showcase its <b>deep bench of executive talent</b>, including people that we have never heard from before. At the end, during the Q&A, Musk shared the stage with 16 other people.</li></ul><p>In its own drive for efficiency, the EV maker plans to reduce the footprint of future manufacturing plants by 40%. Chief Financial Officer Zach Kirkhorn vowed to cut production costs in half for Tesla’s next-generation vehicles.</p><p>One product Tesla could expand to is heat pumps. Musk and Drew Baglino, his senior vice president of powertrain and energy engineering, said heat pumps could dramatically cut home and office-heating costs, calling them one of the low hanging fruit of the transition to sustainable energy.</p><p>Tesla went to great lengths to introduce several executives who are largely unknown to investors. For example, Rebecca Tinucci, the head of global charging infrastructure, took to the stage to talk about the company’s Supercharger network and the “Magic Dock” that lets drivers of other EVs charge at Tesla stations.</p><p>Musk bought Twitter in October, leading some investors to wonder if he’s spread himself too thin. Letting so many other executives share the limelight shows Tesla has a deep bench of talent.</p><p>The company also touted its growing ability to get production facilities up and running quickly. Tesla said it has broken ground on a lithium refinery in Corpus Christi, Texas, and aims to start output of battery-grade lithium chemicals within 12 months.</p><p>“That’s the target,” Baglino said.</p><p>Tesla did say again that the Cybertruck is coming this year, with volume production expected in 2024.</p><p>The new corporate vision aims to build upon the US electric vehicle market leader’s growth from a niche player into a mainstream automotive manufacturer. Tesla’s two previous strategic plans were unveiled in 2006 and 2016.</p><p>Scores of investors flocked to Austin for the invitation-only event, where Tesla planned to showcase its “most advanced production line.”</p><p>Musk published hisfirst Master Planmore than a decade ago, laying out Tesla’s go-to-market strategy of building an electric sports car, then a series of more affordable cars. The company has executed on that vision with the Roadster, the Model S and then the Model 3 sedan — its cheapest vehicle which starts at around $43,000.</p><p>Ten years later, Musk releasedMaster Plan, Part Deux,as Tesla was acquiring SolarCity. Musk served as chairman of the solar-panel installer, which was led by his cousins. That plan talked about solar roofs with battery storage, an expanded vehicle lineup and self-driving technology.</p></body></html>","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>Musk’s Tesla Master Plan Disappoints, No Detail on New Cars</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\">\nMusk’s Tesla Master Plan Disappoints, No Detail on New Cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-02 09:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy with little sacrificeElon Musk’s much-ballyhooed third Master Plan for Tesla Inc. fell flat with ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium\">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.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124598150","content_text":"Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy with little sacrificeElon Musk’s much-ballyhooed third Master Plan for Tesla Inc. fell flat with investors after failing to offer any firm detail on the company’s long-awaited next generation of electric cars.The four-hour presentation was long on Musk’s vision to lead the world’s transition to sustainable energy, but short on any detail on new products.While he confirmed a new plant in Monterrey, Mexico will build the next generation of vehicles, he offered no details on timing, saying a “proper product event” will be held another time. Lars Moravy, Tesla’s vice-president of vehicle engineering was similarly vague, answering an analyst question on timing with only: “We’re gonna go as fast as we can.”The longer the event went on, the more investors appeared to lose heart. Tesla shares fell as much as 6.8% to $189 in after-hours trading. Before today, the stock had soared from a two-year low it plumbed in early January, adding roughly $310 billion of market value and returning Musk to the top of the Bloomberg Billionaires Index.Musk, 51, started the event by outlining his vision for a global switch to electric vehicles, driven by $10 trillion in spending to develop sustainable energy worldwide. The company’s investor event was streamed live from Tesla’s factory in Austin, Texas.“Earth will move to a sustainable energy economy,” Tesla’s chief executive officer said. “And it will happen in your lifetime.”Key Takeaways From Tesla’s Investor Day:Musk didn’t unveil the next-generation vehicle platform or car. Instead, he and his colleagues spent a lot of time talking about operational efficiencies and efforts to drive down costs.Wall Street was expecting a lot more about the next-generation vehicle, and the event lacked a big headline. The shares declined in after-hours trading.Musk confirmed that Tesla will build its next auto plant in Mexico, near Monterrey, but didn’t provide any fresh details except that the next-generation car will be built there.Drew Baglino, Tesla’s senior vice president of powertrain and energy engineering, confirmed that the company has broken ground on a lithium refining plant in Corpus Christi, Texas.Tesla used the event to showcase its deep bench of executive talent, including people that we have never heard from before. At the end, during the Q&A, Musk shared the stage with 16 other people.In its own drive for efficiency, the EV maker plans to reduce the footprint of future manufacturing plants by 40%. Chief Financial Officer Zach Kirkhorn vowed to cut production costs in half for Tesla’s next-generation vehicles.One product Tesla could expand to is heat pumps. Musk and Drew Baglino, his senior vice president of powertrain and energy engineering, said heat pumps could dramatically cut home and office-heating costs, calling them one of the low hanging fruit of the transition to sustainable energy.Tesla went to great lengths to introduce several executives who are largely unknown to investors. For example, Rebecca Tinucci, the head of global charging infrastructure, took to the stage to talk about the company’s Supercharger network and the “Magic Dock” that lets drivers of other EVs charge at Tesla stations.Musk bought Twitter in October, leading some investors to wonder if he’s spread himself too thin. Letting so many other executives share the limelight shows Tesla has a deep bench of talent.The company also touted its growing ability to get production facilities up and running quickly. Tesla said it has broken ground on a lithium refinery in Corpus Christi, Texas, and aims to start output of battery-grade lithium chemicals within 12 months.“That’s the target,” Baglino said.Tesla did say again that the Cybertruck is coming this year, with volume production expected in 2024.The new corporate vision aims to build upon the US electric vehicle market leader’s growth from a niche player into a mainstream automotive manufacturer. Tesla’s two previous strategic plans were unveiled in 2006 and 2016.Scores of investors flocked to Austin for the invitation-only event, where Tesla planned to showcase its “most advanced production line.”Musk published hisfirst Master Planmore than a decade ago, laying out Tesla’s go-to-market strategy of building an electric sports car, then a series of more affordable cars. The company has executed on that vision with the Roadster, the Model S and then the Model 3 sedan — its cheapest vehicle which starts at around $43,000.Ten years later, Musk releasedMaster Plan, Part Deux,as Tesla was acquiring SolarCity. Musk served as chairman of the solar-panel installer, which was led by his cousins. That plan talked about solar roofs with battery storage, an expanded vehicle lineup and self-driving technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153225522,"gmtCreate":1625028882966,"gmtModify":1703850503694,"author":{"id":"3586835307730222","authorId":"3586835307730222","name":"Nhu","avatar":"https://community-static.tradeup.com/news/affe66c99991cb57b5c6439c4b578c42","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586835307730222","idStr":"3586835307730222"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153225522","repostId":"1153621389","repostType":4,"repost":{"id":"1153621389","kind":"news","pubTimestamp":1625012260,"share":"https://ttm.financial/m/news/1153621389?lang=&edition=fundamental","pubTime":"2021-06-30 08:17","market":"us","language":"en","title":"Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=1153621389","media":"CNBC","summary":"UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and","content":"<div>\n<p>UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS</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\">\nForget crypto — this is the ‘next big thing’ investors should focus on, according to UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 08:17 GMT+8 <a href=https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa","SQ":"Block","PYPL":"PayPal","MA":"万事达"},"source_url":"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153621389","content_text":"UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss investment bank said that regulation poses a significant risk to digital assets.\nEarlier this month, China spooked bitcoin investors with a crackdown on cryptocurrency mining and trading.\nMore recently, the U.K.’s markets watchdog ordered Binance, a top crypto exchange, tocease regulated activitiesin the country.\n“We’ve long warned that shifting investor sentiment or regulatory crackdowns could pop bubble-like crypto markets,” UBS’ global wealth management team said in the note.\n“We think investors should avoid crypto speculation, and consider risk-adjusted returns before buying alternative assets.”\nInvestors looking to make investments in digital finance should look to the fast-growing financial technology sector, UBS said, calling fintech “one of the emerging sectors we think might yield ‘The Next Big Thing.’”\n“The prospect of large gains may tempt investors, but we think speculation in cryptos is a gamble, not an investment,” the bank said.\n“Investors looking for exposure to digital payment assets can consider fintech instead, which we expect to benefit from structural growth.”\nWhile the bank didn’t name any stocks, fintech companies like Square and PayPal have experienced sizable gains over the past year, climbing 140% and 74% respectively. Payment networks Visa and Mastercard, meanwhile, are up 23% and 26% respectively. That’s thanks in no small part to a rise in digital payment volumes during the coronavirus pandemic.\nWhat’s weighing on bitcoin?\nBitcoin is currently down around 45% from its record high of nearly $65,000 in April. It was last trading at around $35,835, up 4% in the last 24 hours, as of Tuesday.\nThe world’s largest digital coin had benefited from an influx of institutional investorsditching gold in favor of bitcoinas an inflation hedge. However, that trendappears to have reversedmore recently.\nUBS said a number of other factors are weighing on bitcoin. It alluded to news that Boston Federal Reserve President Eric Rosengren called tether — a controversial stablecoin tied to the U.S. dollar — a financial stability challenge.\nThe bank also highlighted the case of Africrypt, a South African crypto exchange whose founders havereportedly disappeared, taking $3.6 billion in client funds with them.\n“While the pandemic may ensure financial repression continues, we think crypto speculation poses its own risks to your wealth,” UBS said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128083172,"gmtCreate":1624495362696,"gmtModify":1703838256448,"author":{"id":"3586835307730222","authorId":"3586835307730222","name":"Nhu","avatar":"https://community-static.tradeup.com/news/affe66c99991cb57b5c6439c4b578c42","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586835307730222","idStr":"3586835307730222"},"themes":[],"htmlText":"What","listText":"What","text":"What","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128083172","repostId":"1166311858","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}