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2022-01-24
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Apple Car Project Loses Another Key Executive: Analyst Says 2022 'Make-Or-Break' Year For EV Ambitions
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2022-01-06
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Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes
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2022-01-01
Happy new year!
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Ambitions","url":"https://stock-news.laohu8.com/highlight/detail?id=1118782190","media":"Benzinga","summary":"Apple, Inc.'s self-driving car project, named \"Project Titan\" has been a non-starter due to multiple","content":"<html><head></head><body><p><b>Apple, Inc.'s</b> self-driving car project, named "Project Titan" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.</p><p><img src=\"https://static.tigerbbs.com/8e16f424c269e5b2a8a3ec9f02ad9ebc\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Apple's Project Titan has lost another executive, with the latest to hit the exit button being <b>Joe Bass,</b>head of software engineering program management, Bloomberg columnist <b>Mark Gurman</b> said in his ‘Power On Newsletter.'</p><p>Bass' LinkedIn profile reveal that he joined <b>Meta Platform, Inc.</b> in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.</p><p>With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.<b>Dave Scott</b>,<b>Jaime Waydo</b>,<b>Dave Rosenthal</b> and <b>Benjamin Lyon</b> all left in early 2021 followed by <b>Doug Feld</b>,the head of the Apple Car project, in September and <b>Michael Schwekutsch</b> thereafter, the tech writer noted.</p><p>Apple has also lost several engineers from the team.</p><p>The project is now headed by <b>Kevin Lynch,</b>and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.</p><p>Gurman sees 2022 as the "make-or-break" year for the Apple Car project. 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The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.</p><p><img src=\"https://static.tigerbbs.com/8e16f424c269e5b2a8a3ec9f02ad9ebc\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Apple's Project Titan has lost another executive, with the latest to hit the exit button being <b>Joe Bass,</b>head of software engineering program management, Bloomberg columnist <b>Mark Gurman</b> said in his ‘Power On Newsletter.'</p><p>Bass' LinkedIn profile reveal that he joined <b>Meta Platform, Inc.</b> in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.</p><p>With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.<b>Dave Scott</b>,<b>Jaime Waydo</b>,<b>Dave Rosenthal</b> and <b>Benjamin Lyon</b> all left in early 2021 followed by <b>Doug Feld</b>,the head of the Apple Car project, in September and <b>Michael Schwekutsch</b> thereafter, the tech writer noted.</p><p>Apple has also lost several engineers from the team.</p><p>The project is now headed by <b>Kevin Lynch,</b>and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.</p><p>Gurman sees 2022 as the "make-or-break" year for the Apple Car project. The company has internally set a target of four years for developing a self-driving car as opposed to its previous estimate for a seven-year timeframe, Bloomberg previously reported.</p><p><b>Why It's Important:</b>Analysts are optimistic about the Apple Car's success and its potential contribution to the overall business.</p><p><b>Loup Funds</b>Managing Partner<b>Gene Munster</b>believes that Apple can find success with its self-driving car project, given it is one of the few companies that consistently delivers excellent hardware + software + services.</p><p>If Apple captures 10% of the global auto market and investors value auto revenue similar to how they currently value its revenues, the Apple Car alone could add $3 trillion to the company's current valuation, the analystsaid.</p><p>Cupertino needs to iron out all the wrinkles associated with the Apple Car project, including potential partnerships, technology and team, in order for the tech giant to drive smoothly toward success with this product.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118782190","content_text":"Apple, Inc.'s self-driving car project, named \"Project Titan\" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.What Happened:Apple's Project Titan has lost another executive, with the latest to hit the exit button being Joe Bass,head of software engineering program management, Bloomberg columnist Mark Gurman said in his ‘Power On Newsletter.'Bass' LinkedIn profile reveal that he joined Meta Platform, Inc. in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.Dave Scott,Jaime Waydo,Dave Rosenthal and Benjamin Lyon all left in early 2021 followed by Doug Feld,the head of the Apple Car project, in September and Michael Schwekutsch thereafter, the tech writer noted.Apple has also lost several engineers from the team.The project is now headed by Kevin Lynch,and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.Gurman sees 2022 as the \"make-or-break\" year for the Apple Car project. The company has internally set a target of four years for developing a self-driving car as opposed to its previous estimate for a seven-year timeframe, Bloomberg previously reported.Why It's Important:Analysts are optimistic about the Apple Car's success and its potential contribution to the overall business.Loup FundsManaging PartnerGene Munsterbelieves that Apple can find success with its self-driving car project, given it is one of the few companies that consistently delivers excellent hardware + software + services.If Apple captures 10% of the global auto market and investors value auto revenue similar to how they currently value its revenues, the Apple Car alone could add $3 trillion to the company's current valuation, the analystsaid.Cupertino needs to iron out all the wrinkles associated with the Apple Car project, including potential partnerships, technology and team, in order for the tech giant to drive smoothly toward success with this product.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008689008,"gmtCreate":1641431212694,"gmtModify":1676533614548,"author":{"id":"4102601125648770","authorId":"4102601125648770","name":"no nink","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102601125648770","authorIdStr":"4102601125648770"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008689008","repostId":"2201255535","repostType":4,"repost":{"id":"2201255535","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":1641423313,"share":"https://ttm.financial/m/news/2201255535?lang=&edition=fundamental","pubTime":"2022-01-06 06:55","market":"us","language":"en","title":"Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2201255535","media":"Reuters","summary":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - ","content":"<html><head></head><body><p>* S&P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market "very tight"</p><p>* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a "very tight" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022," said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes "more hawkish than expected."</p><p>The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","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>Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes</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; 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}\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\">\nNasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes\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\">2022-01-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* S&P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market "very tight"</p><p>* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a "very tight" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022," said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes "more hawkish than expected."</p><p>The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓",".DJI":"道琼斯","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","SPY":"标普500ETF","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201255535","content_text":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a \"very tight\" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.\"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes \"more hawkish than expected.\"The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.Growth shares have been under pressure from a recent rise in U.S. Treasury yields.The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003241590,"gmtCreate":1641003414879,"gmtModify":1676533562720,"author":{"id":"4102601125648770","authorId":"4102601125648770","name":"no nink","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102601125648770","authorIdStr":"4102601125648770"},"themes":[],"htmlText":"Happy new year! ","listText":"Happy new year! ","text":"Happy new year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003241590","isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9008689008,"gmtCreate":1641431212694,"gmtModify":1676533614548,"author":{"id":"4102601125648770","authorId":"4102601125648770","name":"no nink","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102601125648770","authorIdStr":"4102601125648770"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008689008","repostId":"2201255535","repostType":4,"repost":{"id":"2201255535","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":1641423313,"share":"https://ttm.financial/m/news/2201255535?lang=&edition=fundamental","pubTime":"2022-01-06 06:55","market":"us","language":"en","title":"Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2201255535","media":"Reuters","summary":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - ","content":"<html><head></head><body><p>* S&P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market "very tight"</p><p>* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a "very tight" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022," said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes "more hawkish than expected."</p><p>The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","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>Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes</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; 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}\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\">\nNasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes\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\">2022-01-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* S&P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market "very tight"</p><p>* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a "very tight" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022," said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes "more hawkish than expected."</p><p>The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓",".DJI":"道琼斯","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","SPY":"标普500ETF","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201255535","content_text":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a \"very tight\" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.\"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes \"more hawkish than expected.\"The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.Growth shares have been under pressure from a recent rise in U.S. Treasury yields.The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007444539,"gmtCreate":1642991245457,"gmtModify":1676533762920,"author":{"id":"4102601125648770","authorId":"4102601125648770","name":"no nink","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102601125648770","authorIdStr":"4102601125648770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007444539","repostId":"1118782190","repostType":4,"repost":{"id":"1118782190","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":1642990535,"share":"https://ttm.financial/m/news/1118782190?lang=&edition=fundamental","pubTime":"2022-01-24 10:15","market":"us","language":"en","title":"Apple Car Project Loses Another Key Executive: Analyst Says 2022 'Make-Or-Break' Year For EV Ambitions","url":"https://stock-news.laohu8.com/highlight/detail?id=1118782190","media":"Benzinga","summary":"Apple, Inc.'s self-driving car project, named \"Project Titan\" has been a non-starter due to multiple","content":"<html><head></head><body><p><b>Apple, Inc.'s</b> self-driving car project, named "Project Titan" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.</p><p><img src=\"https://static.tigerbbs.com/8e16f424c269e5b2a8a3ec9f02ad9ebc\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Apple's Project Titan has lost another executive, with the latest to hit the exit button being <b>Joe Bass,</b>head of software engineering program management, Bloomberg columnist <b>Mark Gurman</b> said in his ‘Power On Newsletter.'</p><p>Bass' LinkedIn profile reveal that he joined <b>Meta Platform, Inc.</b> in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.</p><p>With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.<b>Dave Scott</b>,<b>Jaime Waydo</b>,<b>Dave Rosenthal</b> and <b>Benjamin Lyon</b> all left in early 2021 followed by <b>Doug Feld</b>,the head of the Apple Car project, in September and <b>Michael Schwekutsch</b> thereafter, the tech writer noted.</p><p>Apple has also lost several engineers from the team.</p><p>The project is now headed by <b>Kevin Lynch,</b>and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.</p><p>Gurman sees 2022 as the "make-or-break" year for the Apple Car project. The company has internally set a target of four years for developing a self-driving car as opposed to its previous estimate for a seven-year timeframe, Bloomberg previously reported.</p><p><b>Why It's Important:</b>Analysts are optimistic about the Apple Car's success and its potential contribution to the overall business.</p><p><b>Loup Funds</b>Managing Partner<b>Gene Munster</b>believes that Apple can find success with its self-driving car project, given it is one of the few companies that consistently delivers excellent hardware + software + services.</p><p>If Apple captures 10% of the global auto market and investors value auto revenue similar to how they currently value its revenues, the Apple Car alone could add $3 trillion to the company's current valuation, the analystsaid.</p><p>Cupertino needs to iron out all the wrinkles associated with the Apple Car project, including potential partnerships, technology and team, in order for the tech giant to drive smoothly toward success with this product.</p><p></p></body></html>","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 Car Project Loses Another Key Executive: Analyst Says 2022 'Make-Or-Break' Year For EV Ambitions</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 Car Project Loses Another Key Executive: Analyst Says 2022 'Make-Or-Break' Year For EV Ambitions\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\">2022-01-24 10:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Apple, Inc.'s</b> self-driving car project, named "Project Titan" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.</p><p><img src=\"https://static.tigerbbs.com/8e16f424c269e5b2a8a3ec9f02ad9ebc\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Apple's Project Titan has lost another executive, with the latest to hit the exit button being <b>Joe Bass,</b>head of software engineering program management, Bloomberg columnist <b>Mark Gurman</b> said in his ‘Power On Newsletter.'</p><p>Bass' LinkedIn profile reveal that he joined <b>Meta Platform, Inc.</b> in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.</p><p>With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.<b>Dave Scott</b>,<b>Jaime Waydo</b>,<b>Dave Rosenthal</b> and <b>Benjamin Lyon</b> all left in early 2021 followed by <b>Doug Feld</b>,the head of the Apple Car project, in September and <b>Michael Schwekutsch</b> thereafter, the tech writer noted.</p><p>Apple has also lost several engineers from the team.</p><p>The project is now headed by <b>Kevin Lynch,</b>and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.</p><p>Gurman sees 2022 as the "make-or-break" year for the Apple Car project. The company has internally set a target of four years for developing a self-driving car as opposed to its previous estimate for a seven-year timeframe, Bloomberg previously reported.</p><p><b>Why It's Important:</b>Analysts are optimistic about the Apple Car's success and its potential contribution to the overall business.</p><p><b>Loup Funds</b>Managing Partner<b>Gene Munster</b>believes that Apple can find success with its self-driving car project, given it is one of the few companies that consistently delivers excellent hardware + software + services.</p><p>If Apple captures 10% of the global auto market and investors value auto revenue similar to how they currently value its revenues, the Apple Car alone could add $3 trillion to the company's current valuation, the analystsaid.</p><p>Cupertino needs to iron out all the wrinkles associated with the Apple Car project, including potential partnerships, technology and team, in order for the tech giant to drive smoothly toward success with this product.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118782190","content_text":"Apple, Inc.'s self-driving car project, named \"Project Titan\" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan.What Happened:Apple's Project Titan has lost another executive, with the latest to hit the exit button being Joe Bass,head of software engineering program management, Bloomberg columnist Mark Gurman said in his ‘Power On Newsletter.'Bass' LinkedIn profile reveal that he joined Meta Platform, Inc. in January as Director of Technical Project Management, Mixed Reality Technologies. He was with Apple for seven years before moving on.With Bass' departure, the entire Apple Car executive team from a year ago has departed, Gurman said.Dave Scott,Jaime Waydo,Dave Rosenthal and Benjamin Lyon all left in early 2021 followed by Doug Feld,the head of the Apple Car project, in September and Michael Schwekutsch thereafter, the tech writer noted.Apple has also lost several engineers from the team.The project is now headed by Kevin Lynch,and he has his work cut out for him. Apple is looking to design an EV that can be a true self-driving vehicle and not merely match the existing EV lineups of incumbents, Bloomberg reported.Gurman sees 2022 as the \"make-or-break\" year for the Apple Car project. The company has internally set a target of four years for developing a self-driving car as opposed to its previous estimate for a seven-year timeframe, Bloomberg previously reported.Why It's Important:Analysts are optimistic about the Apple Car's success and its potential contribution to the overall business.Loup FundsManaging PartnerGene Munsterbelieves that Apple can find success with its self-driving car project, given it is one of the few companies that consistently delivers excellent hardware + software + services.If Apple captures 10% of the global auto market and investors value auto revenue similar to how they currently value its revenues, the Apple Car alone could add $3 trillion to the company's current valuation, the analystsaid.Cupertino needs to iron out all the wrinkles associated with the Apple Car project, including potential partnerships, technology and team, in order for the tech giant to drive smoothly toward success with this product.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003241590,"gmtCreate":1641003414879,"gmtModify":1676533562720,"author":{"id":"4102601125648770","authorId":"4102601125648770","name":"no nink","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102601125648770","authorIdStr":"4102601125648770"},"themes":[],"htmlText":"Happy new year! ","listText":"Happy new year! ","text":"Happy new year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003241590","isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
