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2022-12-03

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SGX Weekly Review: Singapore Airlines, Savings Rates for Local Banks and SATS’ Acquisition Funding Plan

2022-11-16

Ok

Sorry, the original content has been removed

2022-11-04

Sold off the employee too

Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday

2022-10-25

OK

Sorry, the original content has been removed

2022-10-21

Supply chain issue cos only good stuff keep within country.

EV Startup Arrival to Focus on U.S. Market to Rein in Costs

2022-10-07

Should also Improve content to sustain subscribers.

Sorry, the original content has been removed

2022-10-06

More made in China products.

Sorry, the original content has been removed

2022-10-04

Football or Mickey Mouse?

Disney Reaches Deal to Restore Its Channels on Dish Network

2022-10-03

PS5 still facing low stock availability.

Sorry, the original content has been removed

Go to Tiger App to see more news

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07:14","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Airlines, Savings Rates for Local Banks and SATS’ Acquisition Funding Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1174822065","media":"The Smart Investor","summary":"Welcome to this week’s edition of top stock market highlights.Singapore Airlines Limited (SGX: C6L)S","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/c3d9e7d5cf0297dab87d1e29b5e962ce\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Welcome to this week’s edition of top stock market highlights.</p><h2><b>Singapore Airlines Limited (SGX: C6L)</b></h2><p>Singapore Airlines Limited, or SIA, has agreed with Tata Sons to merge Air India and Vistara.</p><p>SIA will inject around S$360 million into Air India as part of this deal, giving the former a 25.1% stake in the latter and a significant presence in key market segments.</p><p>Currently, SIA and Tata Sons hold a 49% and 51% stake in Vistara, respectively, while Tata Sons wholly owns Air India.</p><p>This merger is projected to complete by March 2024, subject to regulatory approvals, and will be fully funded by SIA’s internal cash resources.</p><p>Both SIA and Tata Sons will participate in any further capital injections needed for the enlarged Air India group, with a capital injection of up to S$880 million required after the merger is completed.</p><p>This transaction will benefit SIA by boosting its presence in India, thereby strengthening its multi-hub strategy, and also provide it with opportunities to expand in a fast-growing aviation market.</p><p>For context, India is the fastest-growing economy in the world and will become the third-largest nation in the globe by 2027. It is also the third-largest aviation market.</p><p>Demand for air travel is projected to more than double in the country in the next decade, and with low international seats per capita, India offers the promise of rapid growth in the years to come.</p><p>Both Vistara and Air India will complement each other’s capabilities and together, the merged entity will have a total of 218 aircraft serving 38 international and 52 domestic destinations.</p><h2><b>Banks’ saving account rates</b></h2><p>The local banks have continued to up their savings account interest rates in a bid to attract more deposits.</p><p>The latest bank to increase its maximum bonus interest rate is<b>United Overseas Bank Ltd</b>(SGX: U11), or UOB.</p><p>UOB more than doubled its maximum bonus interest rate on its One Account from 3.6% to 7.8%.</p><p>However, some conditions do apply.</p><p>This eye-popping rate is only applicable for balances between S$75,000 and S$100,000 where customers need to spend at least S$500 a month using an eligible UOB card as well as credit their salary of at least S$1,600 via GIRO.</p><p><b>OCBC Ltd</b>(SGX: O39) is not far behind with a 7.65% maximum bonus interest rate on its bank account.</p><p>It pays 4.65% on the first S$100,000 in a customer’s account, on the condition that the customer credits a salary of S$1,800 or more through GIRO, increases their account balance by at least S$500 a month, and spends S$500 on certain credit cards.</p><p>Customers can only hit the maximum tier of 7.65% if they also invest and buy insurance through the lender.</p><p><b>DBS Group</b>(SGX: D05) is also offering bonus rates on its flagship Multiplier Account but at a lower maximum of 4.1%.</p><p>This rate applies to the first S$100,000 in the account whereby the customer needs to credit an income stream and also transact in three categories with S$30,000 or more in eligible transactions.</p><h2><b>SATS (SGX: S58)</b></h2><p>SATS has finally unveiled the funding plan for itsmega acquisitionof Worldwide Flight Services (WFS).</p><p>Announced in late September, the airline ground handler provided few details back then on how the deal would be financed.</p><p>SATS share price also tumbled to a two-year low of S$3.08 when the announcement came out.</p><p>Since then, it has declined by another 10.7% to close at S$2.75.</p><p>The funding plan for the total acquisition cost of S$1.8 billion has three distinct sections comprising debt, equity and internal cash.</p><p>The debt portion involves tapping a S$700 three-year Euro-denominated term loan with an all-in cost of between 4% to 4.5% per annum.</p><p>For the equity funding raising (EFR) portion, SATS will launch a rights issue to raise approximately S$800 million.</p><p>No further details on the rights issue price or ratio have been announced, and the rights issue is expected to launch in the first quarter of 2023.</p><p>The remainder of the S$320 million will be financed through SATS’ existing cash balance.</p><p>Shareholders will be invited to attend an extraordinary general meeting to approve this proposed acquisition.</p><p>A circular will be sent in due course detailing the merits and characteristics of the deal to eligible shareholders.</p><p>Investors will have to wait till early next year to learn more details on the EFR portion, but the good news is thatTemasek Holdingshas already indicated its intention to subscribe for its pro-rata entitlement of the rights issue.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Singapore Airlines, Savings Rates for Local Banks and SATS’ Acquisition Funding Plan</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; 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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\">\nSGX Weekly Review: Singapore Airlines, Savings Rates for Local Banks and SATS’ Acquisition Funding Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapore-airlines-savings-rates-for-local-banks-and-sats-acquisition-funding-plan/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights.Singapore Airlines Limited (SGX: C6L)Singapore Airlines Limited, or SIA, has agreed with Tata Sons to merge Air India and Vistara.SIA will...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapore-airlines-savings-rates-for-local-banks-and-sats-acquisition-funding-plan/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","C6L.SI":"新加坡航空公司","O39.SI":"华侨银行","S58.SI":"新翔集团有限公司","D05.SI":"星展集团控股"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-singapore-airlines-savings-rates-for-local-banks-and-sats-acquisition-funding-plan/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174822065","content_text":"Welcome to this week’s edition of top stock market highlights.Singapore Airlines Limited (SGX: C6L)Singapore Airlines Limited, or SIA, has agreed with Tata Sons to merge Air India and Vistara.SIA will inject around S$360 million into Air India as part of this deal, giving the former a 25.1% stake in the latter and a significant presence in key market segments.Currently, SIA and Tata Sons hold a 49% and 51% stake in Vistara, respectively, while Tata Sons wholly owns Air India.This merger is projected to complete by March 2024, subject to regulatory approvals, and will be fully funded by SIA’s internal cash resources.Both SIA and Tata Sons will participate in any further capital injections needed for the enlarged Air India group, with a capital injection of up to S$880 million required after the merger is completed.This transaction will benefit SIA by boosting its presence in India, thereby strengthening its multi-hub strategy, and also provide it with opportunities to expand in a fast-growing aviation market.For context, India is the fastest-growing economy in the world and will become the third-largest nation in the globe by 2027. It is also the third-largest aviation market.Demand for air travel is projected to more than double in the country in the next decade, and with low international seats per capita, India offers the promise of rapid growth in the years to come.Both Vistara and Air India will complement each other’s capabilities and together, the merged entity will have a total of 218 aircraft serving 38 international and 52 domestic destinations.Banks’ saving account ratesThe local banks have continued to up their savings account interest rates in a bid to attract more deposits.The latest bank to increase its maximum bonus interest rate isUnited Overseas Bank Ltd(SGX: U11), or UOB.UOB more than doubled its maximum bonus interest rate on its One Account from 3.6% to 7.8%.However, some conditions do apply.This eye-popping rate is only applicable for balances between S$75,000 and S$100,000 where customers need to spend at least S$500 a month using an eligible UOB card as well as credit their salary of at least S$1,600 via GIRO.OCBC Ltd(SGX: O39) is not far behind with a 7.65% maximum bonus interest rate on its bank account.It pays 4.65% on the first S$100,000 in a customer’s account, on the condition that the customer credits a salary of S$1,800 or more through GIRO, increases their account balance by at least S$500 a month, and spends S$500 on certain credit cards.Customers can only hit the maximum tier of 7.65% if they also invest and buy insurance through the lender.DBS Group(SGX: D05) is also offering bonus rates on its flagship Multiplier Account but at a lower maximum of 4.1%.This rate applies to the first S$100,000 in the account whereby the customer needs to credit an income stream and also transact in three categories with S$30,000 or more in eligible transactions.SATS (SGX: S58)SATS has finally unveiled the funding plan for itsmega acquisitionof Worldwide Flight Services (WFS).Announced in late September, the airline ground handler provided few details back then on how the deal would be financed.SATS share price also tumbled to a two-year low of S$3.08 when the announcement came out.Since then, it has declined by another 10.7% to close at S$2.75.The funding plan for the total acquisition cost of S$1.8 billion has three distinct sections comprising debt, equity and internal cash.The debt portion involves tapping a S$700 three-year Euro-denominated term loan with an all-in cost of between 4% to 4.5% per annum.For the equity funding raising (EFR) portion, SATS will launch a rights issue to raise approximately S$800 million.No further details on the rights issue price or ratio have been announced, and the rights issue is expected to launch in the first quarter of 2023.The remainder of the S$320 million will be financed through SATS’ existing cash balance.Shareholders will be invited to attend an extraordinary general meeting to approve this proposed acquisition.A circular will be sent in due course detailing the merits and characteristics of the deal to eligible shareholders.Investors will have to wait till early next year to learn more details on the EFR portion, but the good news is thatTemasek Holdingshas already indicated its intention to subscribe for its pro-rata entitlement of the rights issue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963078150,"gmtCreate":1668559353371,"gmtModify":1676538075402,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963078150","repostId":"1146342131","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984971849,"gmtCreate":1667525335081,"gmtModify":1676537931525,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Sold off the employee too","listText":"Sold off the employee too","text":"Sold off the employee too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9984971849","repostId":"1168327926","repostType":4,"repost":{"id":"1168327926","pubTimestamp":1667524188,"share":"https://ttm.financial/m/news/1168327926?lang=&edition=fundamental","pubTime":"2022-11-04 09:09","market":"us","language":"en","title":"Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1168327926","media":"wall street journal","summary":"Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move t","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/40cd9ebe33f1d4bf9b41c87481ec8e73\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.</p><p>The company, in a message sent to staff on Thursday, didn’t spell out the extent of the cuts. Twitter had more than 7,500 employees at the start of this year, according to a regulatory filing.</p><p>The email seen by The Wall Street Journal said employees would receive a message by 9 a.m. PT Friday about whether they were affected.</p><p>The staff reductions were intended “to place Twitter on a healthy path,” according to the company’s email. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward,” the company added.</p><p>The layoffs capa tumultuous period for Twitter staffthat began in April, when the company first disclosed Mr. Musk had become its largest individual shareholder. Mr. Musk then agreed to join Twitter’s board, before deciding not to. He launched a bid for the company that Twitter eventually accepted. Weeks later Mr. Musk raised questions about the deal, then tried to abandon it, before reversing course again last month and sayinghe would go ahead with the transaction. Along the way, he at times criticized the company and its executives.</p><p>The Thursday email said Twitter’s offices would be temporarily closed to ensure the safety of employees, the company’s systems, and customer data. Employees who were in an office or on their way to one were asked to go home, according to the email.</p><p>Twitter employees have been bracing for job cuts. The Wall Street Journal previously reported that the companywas drafting plans for broad layoffs, with one investor saying up to 50% of staff could be cut and that employees would be evaluated to determine the scope of the firings.</p><p>On Wednesday, employees and people familiar with the situation were sharing estimates ranging from more than 2,000 to nearly 3,750 layoffs, the latter equating to about half of the number of employees Twitter had at the beginning of this year.</p><p>Mr. Musk has long expressedlittle appreciation for managerial roles, instead emphasizing the value of technical talent. He reiterated that view shortly after taking over Twitter, tweeting Sunday, “There seem to be 10 people ‘managing’ for every one person coding,” in response to a user who asked what he viewed as the company’s biggest problem.</p><p>In April, as Mr. Musk was moving to buy Twitter; entrepreneur Jason Calacanis, a close ally, suggested cutting the number of Twitter employees to roughly 3,000, according to messages between the two, which were released as part of litigation around the transaction.</p><p>A staff of 3,000 would represent the lowest level since 2013, the year Twitter went public, when the platform had about 2,700 employees and its revenue was roughly 13% of its level last year.</p><p>Twitter’s employee numbers began climbing in 2019, after ranging between approximately 3,000 and 4,000 for several years. Twitter has said that the increase in recent years was driven by investments in engineering, product, design and research.</p><p>Even before officially taking control at Twitter, Mr. Musk had indicated that he was concerned about the company’s expenses. Twitter has posted a loss in eight of its past 10 fiscal years, according to FactSet.</p><p>Mr. Muskmoved quickly to make personnel changes at the topof the company. Last week, on the same day he closed the deal, he fired Twitter Chief ExecutiveParag Agrawaland three other top executives. Mr. Musk fired the executives for cause and is saying he isn’t required to pay them multimillion-dollar severance packages, the Journal reported. Other executives have departed since.</p><p>Mr. Musk has leveraged other parts of his business empire to try to put his imprint on Twitter. Hebrought in some Tesla engineersto begin working on reshaping the social-media platform, the Journal reported. Also added to an internal company directory were some people who appeared to work for the Boring Co., a tunneling business Mr. Musk founded.</p><p>Broadly, the social media industry is struggling with weaker revenue from digital advertisers. Such advertising has slowed due to several factors, including rising inflation, the war in Ukraine, andAppleprivacy changes that have made it harder to track the performance of ads. Twitter rivalSnapInc. this year saidit was letting 20% of staff go.Facebookparent Meta Platforms Inc. alsohas indicated it was trimming ranks.</p><p>Tech companies beyond social-media also have embarked on belt tightening that is leading to job losses and hiring freezes. On Thursday, ride-hailing companyLyftInc. and payments company Stripe Inc. both announced major layoffs andAmazon.comInc. saidit would freeze corporate hiring for months.</p><p></p></body></html>","source":"wsj_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>Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday</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\">\nElon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 09:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1><strong>wall street journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.The company, in ...</p>\n\n<a href=\"https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168327926","content_text":"Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.The company, in a message sent to staff on Thursday, didn’t spell out the extent of the cuts. Twitter had more than 7,500 employees at the start of this year, according to a regulatory filing.The email seen by The Wall Street Journal said employees would receive a message by 9 a.m. PT Friday about whether they were affected.The staff reductions were intended “to place Twitter on a healthy path,” according to the company’s email. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward,” the company added.The layoffs capa tumultuous period for Twitter staffthat began in April, when the company first disclosed Mr. Musk had become its largest individual shareholder. Mr. Musk then agreed to join Twitter’s board, before deciding not to. He launched a bid for the company that Twitter eventually accepted. Weeks later Mr. Musk raised questions about the deal, then tried to abandon it, before reversing course again last month and sayinghe would go ahead with the transaction. Along the way, he at times criticized the company and its executives.The Thursday email said Twitter’s offices would be temporarily closed to ensure the safety of employees, the company’s systems, and customer data. Employees who were in an office or on their way to one were asked to go home, according to the email.Twitter employees have been bracing for job cuts. The Wall Street Journal previously reported that the companywas drafting plans for broad layoffs, with one investor saying up to 50% of staff could be cut and that employees would be evaluated to determine the scope of the firings.On Wednesday, employees and people familiar with the situation were sharing estimates ranging from more than 2,000 to nearly 3,750 layoffs, the latter equating to about half of the number of employees Twitter had at the beginning of this year.Mr. Musk has long expressedlittle appreciation for managerial roles, instead emphasizing the value of technical talent. He reiterated that view shortly after taking over Twitter, tweeting Sunday, “There seem to be 10 people ‘managing’ for every one person coding,” in response to a user who asked what he viewed as the company’s biggest problem.In April, as Mr. Musk was moving to buy Twitter; entrepreneur Jason Calacanis, a close ally, suggested cutting the number of Twitter employees to roughly 3,000, according to messages between the two, which were released as part of litigation around the transaction.A staff of 3,000 would represent the lowest level since 2013, the year Twitter went public, when the platform had about 2,700 employees and its revenue was roughly 13% of its level last year.Twitter’s employee numbers began climbing in 2019, after ranging between approximately 3,000 and 4,000 for several years. Twitter has said that the increase in recent years was driven by investments in engineering, product, design and research.Even before officially taking control at Twitter, Mr. Musk had indicated that he was concerned about the company’s expenses. Twitter has posted a loss in eight of its past 10 fiscal years, according to FactSet.Mr. Muskmoved quickly to make personnel changes at the topof the company. Last week, on the same day he closed the deal, he fired Twitter Chief ExecutiveParag Agrawaland three other top executives. Mr. Musk fired the executives for cause and is saying he isn’t required to pay them multimillion-dollar severance packages, the Journal reported. Other executives have departed since.Mr. Musk has leveraged other parts of his business empire to try to put his imprint on Twitter. Hebrought in some Tesla engineersto begin working on reshaping the social-media platform, the Journal reported. Also added to an internal company directory were some people who appeared to work for the Boring Co., a tunneling business Mr. Musk founded.Broadly, the social media industry is struggling with weaker revenue from digital advertisers. Such advertising has slowed due to several factors, including rising inflation, the war in Ukraine, andAppleprivacy changes that have made it harder to track the performance of ads. Twitter rivalSnapInc. this year saidit was letting 20% of staff go.Facebookparent Meta Platforms Inc. alsohas indicated it was trimming ranks.Tech companies beyond social-media also have embarked on belt tightening that is leading to job losses and hiring freezes. On Thursday, ride-hailing companyLyftInc. and payments company Stripe Inc. both announced major layoffs andAmazon.comInc. saidit would freeze corporate hiring for months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988962623,"gmtCreate":1666656011663,"gmtModify":1676537783662,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9988962623","repostId":"1161978634","repostType":2,"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983442139,"gmtCreate":1666312564321,"gmtModify":1676537738616,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Supply chain issue cos only good stuff keep within country.&nbsp;","listText":"Supply chain issue cos only good stuff keep within country.&nbsp;","text":"Supply chain issue cos only good stuff keep within country.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983442139","repostId":"2277418441","repostType":4,"repost":{"id":"2277418441","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":1666312310,"share":"https://ttm.financial/m/news/2277418441?lang=&edition=fundamental","pubTime":"2022-10-21 08:31","market":"us","language":"en","title":"EV Startup Arrival to Focus on U.S. Market to Rein in Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2277418441","media":"Reuters","summary":"(Reuters) -Arrival SA said on Thursday it would restructure its business to focus on the U.S. market","content":"<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/ARVL\">Arrival</a> SA said on Thursday it would restructure its business to focus on the U.S. market, seeking to capitalise on the Inflation Reduction Act incentives and a larger addressable market as the electric-vehicle startup strives to cut costs.</p><p>The British company will continue to manufacture some vans in its factory in Bicester, United Kingdom, but said that scaling operations would require significant investment and hence it would focus on the U.S. market.</p><p>The Inflation Reduction Act is expected to result in $7,500 to $40,000 in tax credits for commercial vehicles.</p><p>U.S.-listed shares of Arrival rose 5.1% to 74 cents after the company said it plans to further &#34;right-size&#34; the organization and cut cash-intensive activities, which could have a &#34;sizable impact&#34; on its global workforce, mostly in the UK.</p><p>Arrival, which has lost nearly 90% in stock valuation so far this year, said in July the restructuring could result in up to 30% reduction in its workforce.</p><p>It ended the second quarter with about $513 million of cash and cash equivalents and in August established an at-the-market stock sales platform worth about $300 million to raise funds.</p><p>In 2020, the company received an order for 10,000 electric vans from United Parcel Service, with the option for an additional order of 10,000 units.</p><p>EV startups that promised to disrupt the automotive industry are now scrambling to keep a lid on costs amid supply chain issues and rising raw material prices.</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>EV Startup Arrival to Focus on U.S. Market to Rein in Costs</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Startup Arrival to Focus on U.S. Market to Rein in Costs\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\">2022-10-21 08:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/ARVL\">Arrival</a> SA said on Thursday it would restructure its business to focus on the U.S. market, seeking to capitalise on the Inflation Reduction Act incentives and a larger addressable market as the electric-vehicle startup strives to cut costs.</p><p>The British company will continue to manufacture some vans in its factory in Bicester, United Kingdom, but said that scaling operations would require significant investment and hence it would focus on the U.S. market.</p><p>The Inflation Reduction Act is expected to result in $7,500 to $40,000 in tax credits for commercial vehicles.</p><p>U.S.-listed shares of Arrival rose 5.1% to 74 cents after the company said it plans to further &#34;right-size&#34; the organization and cut cash-intensive activities, which could have a &#34;sizable impact&#34; on its global workforce, mostly in the UK.</p><p>Arrival, which has lost nearly 90% in stock valuation so far this year, said in July the restructuring could result in up to 30% reduction in its workforce.</p><p>It ended the second quarter with about $513 million of cash and cash equivalents and in August established an at-the-market stock sales platform worth about $300 million to raise funds.</p><p>In 2020, the company received an order for 10,000 electric vans from United Parcel Service, with the option for an additional order of 10,000 units.</p><p>EV startups that promised to disrupt the automotive industry are now scrambling to keep a lid on costs amid supply chain issues and rising raw material prices.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2277418441","content_text":"(Reuters) -Arrival SA said on Thursday it would restructure its business to focus on the U.S. market, seeking to capitalise on the Inflation Reduction Act incentives and a larger addressable market as the electric-vehicle startup strives to cut costs.The British company will continue to manufacture some vans in its factory in Bicester, United Kingdom, but said that scaling operations would require significant investment and hence it would focus on the U.S. market.The Inflation Reduction Act is expected to result in $7,500 to $40,000 in tax credits for commercial vehicles.U.S.-listed shares of Arrival rose 5.1% to 74 cents after the company said it plans to further \"right-size\" the organization and cut cash-intensive activities, which could have a \"sizable impact\" on its global workforce, mostly in the UK.Arrival, which has lost nearly 90% in stock valuation so far this year, said in July the restructuring could result in up to 30% reduction in its workforce.It ended the second quarter with about $513 million of cash and cash equivalents and in August established an at-the-market stock sales platform worth about $300 million to raise funds.In 2020, the company received an order for 10,000 electric vans from United Parcel Service, with the option for an additional order of 10,000 units.EV startups that promised to disrupt the automotive industry are now scrambling to keep a lid on costs amid supply chain issues and rising raw material prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915790130,"gmtCreate":1665105400020,"gmtModify":1676537557935,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Should also&nbsp;Improve content to sustain subscribers.","listText":"Should also&nbsp;Improve content to sustain subscribers.","text":"Should also Improve content to sustain subscribers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915790130","repostId":"2273050738","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915652101,"gmtCreate":1665026347503,"gmtModify":1676537546687,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"More made in China products.&nbsp;","listText":"More made in China products.&nbsp;","text":"More made in China products.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915652101","repostId":"1108594077","repostType":4,"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912568601,"gmtCreate":1664854428403,"gmtModify":1676537519710,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Football or Mickey Mouse?","listText":"Football or Mickey Mouse?","text":"Football or Mickey Mouse?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912568601","repostId":"2272302345","repostType":4,"repost":{"id":"2272302345","pubTimestamp":1664854002,"share":"https://ttm.financial/m/news/2272302345?lang=&edition=fundamental","pubTime":"2022-10-04 11:26","market":"us","language":"en","title":"Disney Reaches Deal to Restore Its Channels on Dish Network","url":"https://stock-news.laohu8.com/highlight/detail?id=2272302345","media":"The Wall Street Journal","summary":"TV channels owned by Walt Disney Co. are back on Dish Network Corp.'s satellite broadcasting and str","content":"<html><head></head><body><p>TV channels owned by Walt Disney Co. are back on Dish Network Corp.&#39;s satellite broadcasting and streaming platforms after the two companies reached a tentative agreement on a new contract.</p><p>The accord ends a weekend blackout that saw millions of Dish customers lose access to several popular Disney networks including ESPN and ABC. Dish has 10 million subscribers nationwide although the company declined to say how many were affected by the blackout.</p><p>At issue were terms for a new agreement for Dish to continue carrying Disney&#39;s broadcast and cable networks. Disney charges high fees for several of its networks including ESPN, which costs distributors nearly $9 a month, according to the research firm Kagan, a unit of S&amp;P Global Market Intelligence.</p><p>The deal comes after Dish subscribers were unable to view ESPN and ABC&#39;s sports programming over the weekend. By agreeing on terms, Dish Network customers won&#39;t risk missing out on ESPN&#39;s &#34;Monday Night Football.&#34;</p><p>Disney said in a statement it has reached a &#34;handshake agreement&#34; with Dish that reflects fair market value for its content. Terms of the agreement weren&#39;t disclosed. Both companies will work to finalize the agreement in the coming days, Disney said.</p><p>Dish didn&#39;t issue a statement but posted a notice on its website letting customers know that the Disney channels had been restored.</p><p>Besides ABC and ESPN, other channels that went dark included FX, Disney Channel, Freeform, National Geographic and ESPN&#39;s various sister networks.</p></body></html>","source":"wsj_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>Disney Reaches Deal to Restore Its Channels on Dish Network</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\">\nDisney Reaches Deal to Restore Its Channels on Dish Network\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-04 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/disney-reaches-deal-to-restore-its-channels-on-dish-network-11664771113?mod=business_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TV channels owned by Walt Disney Co. are back on Dish Network Corp.'s satellite broadcasting and streaming platforms after the two companies reached a tentative agreement on a new contract.The accord ...</p>\n\n<a href=\"https://www.wsj.com/articles/disney-reaches-deal-to-restore-its-channels-on-dish-network-11664771113?mod=business_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.wsj.com/articles/disney-reaches-deal-to-restore-its-channels-on-dish-network-11664771113?mod=business_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272302345","content_text":"TV channels owned by Walt Disney Co. are back on Dish Network Corp.'s satellite broadcasting and streaming platforms after the two companies reached a tentative agreement on a new contract.The accord ends a weekend blackout that saw millions of Dish customers lose access to several popular Disney networks including ESPN and ABC. Dish has 10 million subscribers nationwide although the company declined to say how many were affected by the blackout.At issue were terms for a new agreement for Dish to continue carrying Disney's broadcast and cable networks. Disney charges high fees for several of its networks including ESPN, which costs distributors nearly $9 a month, according to the research firm Kagan, a unit of S&P Global Market Intelligence.The deal comes after Dish subscribers were unable to view ESPN and ABC's sports programming over the weekend. By agreeing on terms, Dish Network customers won't risk missing out on ESPN's \"Monday Night Football.\"Disney said in a statement it has reached a \"handshake agreement\" with Dish that reflects fair market value for its content. Terms of the agreement weren't disclosed. Both companies will work to finalize the agreement in the coming days, Disney said.Dish didn't issue a statement but posted a notice on its website letting customers know that the Disney channels had been restored.Besides ABC and ESPN, other channels that went dark included FX, Disney Channel, Freeform, National Geographic and ESPN's various sister networks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912176339,"gmtCreate":1664783187521,"gmtModify":1676537507703,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"PS5 still facing low stock availability.&nbsp;","listText":"PS5 still facing low stock availability.&nbsp;","text":"PS5 still facing low stock availability.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912176339","repostId":"2272174040","repostType":4,"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9984971849,"gmtCreate":1667525335081,"gmtModify":1676537931525,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Sold off the employee too","listText":"Sold off the employee too","text":"Sold off the employee too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9984971849","repostId":"1168327926","repostType":4,"repost":{"id":"1168327926","pubTimestamp":1667524188,"share":"https://ttm.financial/m/news/1168327926?lang=&edition=fundamental","pubTime":"2022-11-04 09:09","market":"us","language":"en","title":"Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1168327926","media":"wall street journal","summary":"Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move t","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/40cd9ebe33f1d4bf9b41c87481ec8e73\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.</p><p>The company, in a message sent to staff on Thursday, didn’t spell out the extent of the cuts. Twitter had more than 7,500 employees at the start of this year, according to a regulatory filing.</p><p>The email seen by The Wall Street Journal said employees would receive a message by 9 a.m. PT Friday about whether they were affected.</p><p>The staff reductions were intended “to place Twitter on a healthy path,” according to the company’s email. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward,” the company added.</p><p>The layoffs capa tumultuous period for Twitter staffthat began in April, when the company first disclosed Mr. Musk had become its largest individual shareholder. Mr. Musk then agreed to join Twitter’s board, before deciding not to. He launched a bid for the company that Twitter eventually accepted. Weeks later Mr. Musk raised questions about the deal, then tried to abandon it, before reversing course again last month and sayinghe would go ahead with the transaction. Along the way, he at times criticized the company and its executives.</p><p>The Thursday email said Twitter’s offices would be temporarily closed to ensure the safety of employees, the company’s systems, and customer data. Employees who were in an office or on their way to one were asked to go home, according to the email.</p><p>Twitter employees have been bracing for job cuts. The Wall Street Journal previously reported that the companywas drafting plans for broad layoffs, with one investor saying up to 50% of staff could be cut and that employees would be evaluated to determine the scope of the firings.</p><p>On Wednesday, employees and people familiar with the situation were sharing estimates ranging from more than 2,000 to nearly 3,750 layoffs, the latter equating to about half of the number of employees Twitter had at the beginning of this year.</p><p>Mr. Musk has long expressedlittle appreciation for managerial roles, instead emphasizing the value of technical talent. He reiterated that view shortly after taking over Twitter, tweeting Sunday, “There seem to be 10 people ‘managing’ for every one person coding,” in response to a user who asked what he viewed as the company’s biggest problem.</p><p>In April, as Mr. Musk was moving to buy Twitter; entrepreneur Jason Calacanis, a close ally, suggested cutting the number of Twitter employees to roughly 3,000, according to messages between the two, which were released as part of litigation around the transaction.</p><p>A staff of 3,000 would represent the lowest level since 2013, the year Twitter went public, when the platform had about 2,700 employees and its revenue was roughly 13% of its level last year.</p><p>Twitter’s employee numbers began climbing in 2019, after ranging between approximately 3,000 and 4,000 for several years. Twitter has said that the increase in recent years was driven by investments in engineering, product, design and research.</p><p>Even before officially taking control at Twitter, Mr. Musk had indicated that he was concerned about the company’s expenses. Twitter has posted a loss in eight of its past 10 fiscal years, according to FactSet.</p><p>Mr. Muskmoved quickly to make personnel changes at the topof the company. Last week, on the same day he closed the deal, he fired Twitter Chief ExecutiveParag Agrawaland three other top executives. Mr. Musk fired the executives for cause and is saying he isn’t required to pay them multimillion-dollar severance packages, the Journal reported. Other executives have departed since.</p><p>Mr. Musk has leveraged other parts of his business empire to try to put his imprint on Twitter. Hebrought in some Tesla engineersto begin working on reshaping the social-media platform, the Journal reported. Also added to an internal company directory were some people who appeared to work for the Boring Co., a tunneling business Mr. Musk founded.</p><p>Broadly, the social media industry is struggling with weaker revenue from digital advertisers. Such advertising has slowed due to several factors, including rising inflation, the war in Ukraine, andAppleprivacy changes that have made it harder to track the performance of ads. Twitter rivalSnapInc. this year saidit was letting 20% of staff go.Facebookparent Meta Platforms Inc. alsohas indicated it was trimming ranks.</p><p>Tech companies beyond social-media also have embarked on belt tightening that is leading to job losses and hiring freezes. On Thursday, ride-hailing companyLyftInc. and payments company Stripe Inc. both announced major layoffs andAmazon.comInc. saidit would freeze corporate hiring for months.</p><p></p></body></html>","source":"wsj_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>Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday</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\">\nElon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 09:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1><strong>wall street journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.The company, in ...</p>\n\n<a href=\"https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.wsj.com/articles/twitter-tells-employees-jobs-cuts-will-be-announced-friday-11667523638?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168327926","content_text":"Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.The company, in a message sent to staff on Thursday, didn’t spell out the extent of the cuts. Twitter had more than 7,500 employees at the start of this year, according to a regulatory filing.The email seen by The Wall Street Journal said employees would receive a message by 9 a.m. PT Friday about whether they were affected.The staff reductions were intended “to place Twitter on a healthy path,” according to the company’s email. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward,” the company added.The layoffs capa tumultuous period for Twitter staffthat began in April, when the company first disclosed Mr. Musk had become its largest individual shareholder. Mr. Musk then agreed to join Twitter’s board, before deciding not to. He launched a bid for the company that Twitter eventually accepted. Weeks later Mr. Musk raised questions about the deal, then tried to abandon it, before reversing course again last month and sayinghe would go ahead with the transaction. Along the way, he at times criticized the company and its executives.The Thursday email said Twitter’s offices would be temporarily closed to ensure the safety of employees, the company’s systems, and customer data. Employees who were in an office or on their way to one were asked to go home, according to the email.Twitter employees have been bracing for job cuts. The Wall Street Journal previously reported that the companywas drafting plans for broad layoffs, with one investor saying up to 50% of staff could be cut and that employees would be evaluated to determine the scope of the firings.On Wednesday, employees and people familiar with the situation were sharing estimates ranging from more than 2,000 to nearly 3,750 layoffs, the latter equating to about half of the number of employees Twitter had at the beginning of this year.Mr. Musk has long expressedlittle appreciation for managerial roles, instead emphasizing the value of technical talent. He reiterated that view shortly after taking over Twitter, tweeting Sunday, “There seem to be 10 people ‘managing’ for every one person coding,” in response to a user who asked what he viewed as the company’s biggest problem.In April, as Mr. Musk was moving to buy Twitter; entrepreneur Jason Calacanis, a close ally, suggested cutting the number of Twitter employees to roughly 3,000, according to messages between the two, which were released as part of litigation around the transaction.A staff of 3,000 would represent the lowest level since 2013, the year Twitter went public, when the platform had about 2,700 employees and its revenue was roughly 13% of its level last year.Twitter’s employee numbers began climbing in 2019, after ranging between approximately 3,000 and 4,000 for several years. Twitter has said that the increase in recent years was driven by investments in engineering, product, design and research.Even before officially taking control at Twitter, Mr. Musk had indicated that he was concerned about the company’s expenses. Twitter has posted a loss in eight of its past 10 fiscal years, according to FactSet.Mr. Muskmoved quickly to make personnel changes at the topof the company. Last week, on the same day he closed the deal, he fired Twitter Chief ExecutiveParag Agrawaland three other top executives. Mr. Musk fired the executives for cause and is saying he isn’t required to pay them multimillion-dollar severance packages, the Journal reported. Other executives have departed since.Mr. Musk has leveraged other parts of his business empire to try to put his imprint on Twitter. Hebrought in some Tesla engineersto begin working on reshaping the social-media platform, the Journal reported. Also added to an internal company directory were some people who appeared to work for the Boring Co., a tunneling business Mr. Musk founded.Broadly, the social media industry is struggling with weaker revenue from digital advertisers. Such advertising has slowed due to several factors, including rising inflation, the war in Ukraine, andAppleprivacy changes that have made it harder to track the performance of ads. Twitter rivalSnapInc. this year saidit was letting 20% of staff go.Facebookparent Meta Platforms Inc. alsohas indicated it was trimming ranks.Tech companies beyond social-media also have embarked on belt tightening that is leading to job losses and hiring freezes. On Thursday, ride-hailing companyLyftInc. and payments company Stripe Inc. both announced major layoffs andAmazon.comInc. saidit would freeze corporate hiring for months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988962623,"gmtCreate":1666656011663,"gmtModify":1676537783662,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9988962623","repostId":"1161978634","repostType":2,"repost":{"id":"1161978634","pubTimestamp":1666655238,"share":"https://ttm.financial/m/news/1161978634?lang=&edition=fundamental","pubTime":"2022-10-25 07:47","market":"us","language":"en","title":"Tesla Options Hint at Trouble Ahead With Bets Around $200","url":"https://stock-news.laohu8.com/highlight/detail?id=1161978634","media":"Bloomberg","summary":"Tesla Inc. was one of the biggest laggards in the S&P 500 Index on Monday, and options traders are b","content":"<html><head></head><body><p>Tesla Inc. was one of the biggest laggards in the S&amp;P 500 Index on Monday, and options traders are betting the stock could drop further before the weekend.</p><p>A put contract with a Friday expiration and a strike price of $200 was the most-traded contract for Tesla on Monday and among the 15-most popular on US exchanges overall during the day. The bearish option in the electric carmaker implies the stock has at least another 5% to fall this week.</p><p>Tesla closed near $211 on Monday, down 1.5% from Friday’s close after lowering prices across its lineup in China and options investors are betting shares could fall below $200 by Friday, making the $200 put contract in the money -- or available for immediate profit -- before expiration.</p><p>The price of the contract jumped as much as 249% on Monday before settling only 9.9% higher as Tesla’s drop abated. Some 145,000 of the contracts changed hands.</p><p>Tesla shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news -- ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry from the Biden adminstration’s climate act.</p><p>Overall though, the bad news has started to overshadow the good, reflected in the stock’s 40% decline this year, compared to the S&amp;P 500 Index’s 20% drop over the same period. A three-for-one stock split, effective since late August, failed to deliver the expected boost despite Tesla’s popularity with mom-and-pop investors, while Elon Musk’s pending deal to buy social-media platform Twitter Inc. continues to be a drag on the EV maker’s share price.</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>Tesla Options Hint at Trouble Ahead With Bets Around $200</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Options Hint at Trouble Ahead With Bets Around $200\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-25 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-options-hint-trouble-ahead-183012397.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. was one of the biggest laggards in the S&P 500 Index on Monday, and options traders are betting the stock could drop further before the weekend.A put contract with a Friday expiration and a...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-options-hint-trouble-ahead-183012397.html\">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://finance.yahoo.com/news/tesla-options-hint-trouble-ahead-183012397.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161978634","content_text":"Tesla Inc. was one of the biggest laggards in the S&P 500 Index on Monday, and options traders are betting the stock could drop further before the weekend.A put contract with a Friday expiration and a strike price of $200 was the most-traded contract for Tesla on Monday and among the 15-most popular on US exchanges overall during the day. The bearish option in the electric carmaker implies the stock has at least another 5% to fall this week.Tesla closed near $211 on Monday, down 1.5% from Friday’s close after lowering prices across its lineup in China and options investors are betting shares could fall below $200 by Friday, making the $200 put contract in the money -- or available for immediate profit -- before expiration.The price of the contract jumped as much as 249% on Monday before settling only 9.9% higher as Tesla’s drop abated. Some 145,000 of the contracts changed hands.Tesla shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news -- ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry from the Biden adminstration’s climate act.Overall though, the bad news has started to overshadow the good, reflected in the stock’s 40% decline this year, compared to the S&P 500 Index’s 20% drop over the same period. A three-for-one stock split, effective since late August, failed to deliver the expected boost despite Tesla’s popularity with mom-and-pop investors, while Elon Musk’s pending deal to buy social-media platform Twitter Inc. continues to be a drag on the EV maker’s share price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983442139,"gmtCreate":1666312564321,"gmtModify":1676537738616,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Supply chain issue cos only good stuff keep within country.&nbsp;","listText":"Supply chain issue cos only good stuff keep within country.&nbsp;","text":"Supply chain issue cos only good stuff keep within country.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983442139","repostId":"2277418441","repostType":4,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963078150,"gmtCreate":1668559353371,"gmtModify":1676538075402,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963078150","repostId":"1146342131","repostType":4,"repost":{"id":"1146342131","pubTimestamp":1668556975,"share":"https://ttm.financial/m/news/1146342131?lang=&edition=fundamental","pubTime":"2022-11-16 08:02","market":"sg","language":"en","title":"Higher Open Anticipated For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1146342131","media":"RTTNews","summary":"The Singapore stock market has finished higher in eight straight sessions, improving almost 175 poin","content":"<html><head></head><body><p>The Singapore stock market has finished higher in eight straight sessions, improving almost 175 points or 5.6 percent along the way. The Straits Times Index now rests just above the 3,275-point plateau and it&#39;s tipped to open in the green again on Wednesday.</p><p>The global forecast for the Asian markets is upbeat on optimism for the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.</p><p>The STI finished modestly higher on Tuesday as gains from the financials and trusts were offset by weakness from the properties and industrials.</p><p>For the day, the index added 14.48 points or 0.44 percent to finish at 3,275.28 after trading between 3,261.96 and 3,285.72. Volume was 1.89 billion shares worth 1.45 billion Singapore dollars. There were 335 gainers and 261 decliners.</p><p>Among the actives, Ascendas REIT lost 0.36 percent, while CapitaLand Investment improved 1.12 percent, City Developments dipped 0.25 percent, Comfort DelGro plummeted 4.41 percent, DBS Group advanced 0.92 percent, Emperador skidded 1.01 percent, Genting Singapore gained 0.59 percent, Hongkong Land shed 070 percent, Keppel Corp fell 0.27 percent, Mapletree Pan Asia Commercial Trust climbed 1.17 percent, Mapletree Industrial Trust rose 0.43 percent, Oversea-Chinese Banking Corporation jumped 1.22 percent, SATS sank 0.73 percent, SembCorp Industries plunged 2.98 percent, Singapore Technologies Engineering retreated 1.16 percent, SingTel added 0.72 percent, United Overseas Bank collected 0.17 percent, Wilmar International spiked 1.23 percent, Yangzijiang Financial surged 2.82 percent, Yangzijiang Shipbuilding tanked 2.88 percent and Mapletree Logistics Trust, CapitaLand Integrated Commercial Trust, Thai Beverage and Frasers Logistics were unchanged.</p><p>The lead from Wall Street is positive as the major averages opened higher on Tuesday, faded midday and then bounced higher again to end in the green.</p><p>The Dow added 56.22 points or 0.17 percent to finish at 33,592.92, while the NASDAQ jumped 162.19 point or 1.45 percent to end at 11,358.41 and the S&amp;P 500 gained 34.48 points or 0.87 percent to close at 3,991.73.</p><p>The early rally on Wall Street followed the release of a Labor Department report showing producer prices in the U.S. crept up much less than expected in October.</p><p>Following last week&#39;s tamer-than-expected consumer price inflation report, the data added to optimism about the Federal Reserve slowing the pace of interest rate hikes as soon as next month.</p><p>However, stocks pulled back well off their best levels of the day following reports Russian missiles crossed into Poland, killing two people.</p><p>Crude oil futures settled higher Tuesday, thanks to the smaller-than-expected increase in U.S. producer prices in October. West Texas Intermediate Crude oil futures for December ended higher by $0.94 at 86.81 a barrel.</p></body></html>","source":"lsy1626938412129","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>Higher Open Anticipated For Singapore Stock Market</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\">\nHigher Open Anticipated For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-16 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3326139/higher-open-anticipated-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has finished higher in eight straight sessions, improving almost 175 points or 5.6 percent along the way. The Straits Times Index now rests just above the 3,275-point ...</p>\n\n<a href=\"https://www.rttnews.com/3326139/higher-open-anticipated-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3326139/higher-open-anticipated-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146342131","content_text":"The Singapore stock market has finished higher in eight straight sessions, improving almost 175 points or 5.6 percent along the way. The Straits Times Index now rests just above the 3,275-point plateau and it's tipped to open in the green again on Wednesday.The global forecast for the Asian markets is upbeat on optimism for the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.The STI finished modestly higher on Tuesday as gains from the financials and trusts were offset by weakness from the properties and industrials.For the day, the index added 14.48 points or 0.44 percent to finish at 3,275.28 after trading between 3,261.96 and 3,285.72. Volume was 1.89 billion shares worth 1.45 billion Singapore dollars. There were 335 gainers and 261 decliners.Among the actives, Ascendas REIT lost 0.36 percent, while CapitaLand Investment improved 1.12 percent, City Developments dipped 0.25 percent, Comfort DelGro plummeted 4.41 percent, DBS Group advanced 0.92 percent, Emperador skidded 1.01 percent, Genting Singapore gained 0.59 percent, Hongkong Land shed 070 percent, Keppel Corp fell 0.27 percent, Mapletree Pan Asia Commercial Trust climbed 1.17 percent, Mapletree Industrial Trust rose 0.43 percent, Oversea-Chinese Banking Corporation jumped 1.22 percent, SATS sank 0.73 percent, SembCorp Industries plunged 2.98 percent, Singapore Technologies Engineering retreated 1.16 percent, SingTel added 0.72 percent, United Overseas Bank collected 0.17 percent, Wilmar International spiked 1.23 percent, Yangzijiang Financial surged 2.82 percent, Yangzijiang Shipbuilding tanked 2.88 percent and Mapletree Logistics Trust, CapitaLand Integrated Commercial Trust, Thai Beverage and Frasers Logistics were unchanged.The lead from Wall Street is positive as the major averages opened higher on Tuesday, faded midday and then bounced higher again to end in the green.The Dow added 56.22 points or 0.17 percent to finish at 33,592.92, while the NASDAQ jumped 162.19 point or 1.45 percent to end at 11,358.41 and the S&P 500 gained 34.48 points or 0.87 percent to close at 3,991.73.The early rally on Wall Street followed the release of a Labor Department report showing producer prices in the U.S. crept up much less than expected in October.Following last week's tamer-than-expected consumer price inflation report, the data added to optimism about the Federal Reserve slowing the pace of interest rate hikes as soon as next month.However, stocks pulled back well off their best levels of the day following reports Russian missiles crossed into Poland, killing two people.Crude oil futures settled higher Tuesday, thanks to the smaller-than-expected increase in U.S. producer prices in October. West Texas Intermediate Crude oil futures for December ended higher by $0.94 at 86.81 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912568601,"gmtCreate":1664854428403,"gmtModify":1676537519710,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Football or Mickey Mouse?","listText":"Football or Mickey Mouse?","text":"Football or Mickey Mouse?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912568601","repostId":"2272302345","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964906856,"gmtCreate":1670043452576,"gmtModify":1676538294821,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964906856","repostId":"1174822065","repostType":2,"isVote":1,"tweetType":1,"viewCount":703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912176339,"gmtCreate":1664783187521,"gmtModify":1676537507703,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"PS5 still facing low stock availability.&nbsp;","listText":"PS5 still facing low stock availability.&nbsp;","text":"PS5 still facing low stock availability.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912176339","repostId":"2272174040","repostType":4,"repost":{"id":"2272174040","pubTimestamp":1664779285,"share":"https://ttm.financial/m/news/2272174040?lang=&edition=fundamental","pubTime":"2022-10-03 14:41","market":"us","language":"en","title":"Sony Betting Big on Next VR Headset With Increased Production Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2272174040","media":"Bloomberg","summary":"PlayStation maker sets ambitious goal in unproven arenaSony’s first VR headset took 8 months to sell","content":"<html><head></head><body><ul><li>PlayStation maker sets ambitious goal in unproven arena</li><li>Sony’s first VR headset took 8 months to sell a million units</li></ul><p><a href=\"https://laohu8.com/S/SONY\">Sony Group Corp.</a> plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said, setting an ambitious outlook that defies the global economic malaise.</p><p>Mass production of the virtual reality goggles began in September and hasn’t yet faced supply chain constraints, said the people, who asked not to be identified discussing private information. The production figure could be adjusted depending on the device’s sales momentum once it’s released early next year.</p><p>Shares in Sony rose 2.4% in Tokyo on Monday, in the stock’s biggest jump in six weeks.</p><p>VR goggles remain a largely unproven category several years into the wide availability of commercial offerings from the likes of HTC Corp. and Oculus, now a part of Meta Platforms Inc. Sony’s roadmap for the PSVR2 anticipates much greater popularity than the company’s preceding PlayStation VR goggles for the PlayStation 4 -- which took eight months to reach a million sales. Meta’s Quest 2, the most popular VR headset today, shipped 2.8 million units in its first quarter of availability, according to IDC figures.</p><p>Sony has yet to give an official price or release date for the PSVR2. Its current plan to start selling the headset in early 2023 will coincide with expected relief of the supply chain bottlenecks that have hampered availability of the PlayStation 5 console since its launch in late 2020, the people said. That would give the company sufficient inventory of both headsets and consoles for a big marketing push. Users will need a PS5 console to use the VR headset.</p><p>A spokesperson for Sony Interactive Entertainment declined to comment.</p><p>“A key to success is the quality of the games Sony will be able to develop,” said Tokyo-based analyst Serkan Toto of Kantan Games. “The other critical point will be the price: spec-wise, the PSVR2 is a beast, and some users already expect it to cost as much as a PS5 itself.”</p><p><img src=\"https://static.tigerbbs.com/0d49c94ca7b2f2b5580b78d105aa9521\" tg-width=\"749\" tg-height=\"458\" width=\"100%\" height=\"auto\"/>Game developers remain skeptical about the VR segment because of its relative lack of market penetration, especially on Sony’s home turf of Japan. Meta’s Quest 2 is estimated by IDC to have shipped 17 million units to date and is lauded as the high water mark for the sector, but pales in comparison to other products in the console, mobile and PC gaming arenas.</p><p>The economic slowdown and increased materials costs following Russia’s invasion of Ukraine have also hit the VR sector. Meta raised the Quest 2’s price in August in response to the rising cost of production.</p><p>“The increasing cost of living is making many consumers wary of spending on non-essential items,” said IDC vice president of data and analytics Francisco Jeronimo. “If the economic crisis deepens, Sony may need to cut production.”</p><p>Sony’s suppliers and partners are uncertain about how long the Japanese company will maintain its high-paced production schedule after launch.</p><p>Sony plans to boost the PSVR2’s launch with new titles designed for VR from its popular in-house franchises, such as Horizon, and has said there are more than 20 titles in development for the device from internal and third-party game developers.</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>Sony Betting Big on Next VR Headset With Increased Production Plan</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\">\nSony Betting Big on Next VR Headset With Increased Production Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-03 14:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-03/sony-psvr2-headset-production-plan-2-million-units-by-march-2023><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PlayStation maker sets ambitious goal in unproven arenaSony’s first VR headset took 8 months to sell a million unitsSony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-03/sony-psvr2-headset-production-plan-2-million-units-by-march-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SONY":"索尼","META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-10-03/sony-psvr2-headset-production-plan-2-million-units-by-march-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272174040","content_text":"PlayStation maker sets ambitious goal in unproven arenaSony’s first VR headset took 8 months to sell a million unitsSony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said, setting an ambitious outlook that defies the global economic malaise.Mass production of the virtual reality goggles began in September and hasn’t yet faced supply chain constraints, said the people, who asked not to be identified discussing private information. The production figure could be adjusted depending on the device’s sales momentum once it’s released early next year.Shares in Sony rose 2.4% in Tokyo on Monday, in the stock’s biggest jump in six weeks.VR goggles remain a largely unproven category several years into the wide availability of commercial offerings from the likes of HTC Corp. and Oculus, now a part of Meta Platforms Inc. Sony’s roadmap for the PSVR2 anticipates much greater popularity than the company’s preceding PlayStation VR goggles for the PlayStation 4 -- which took eight months to reach a million sales. Meta’s Quest 2, the most popular VR headset today, shipped 2.8 million units in its first quarter of availability, according to IDC figures.Sony has yet to give an official price or release date for the PSVR2. Its current plan to start selling the headset in early 2023 will coincide with expected relief of the supply chain bottlenecks that have hampered availability of the PlayStation 5 console since its launch in late 2020, the people said. That would give the company sufficient inventory of both headsets and consoles for a big marketing push. Users will need a PS5 console to use the VR headset.A spokesperson for Sony Interactive Entertainment declined to comment.“A key to success is the quality of the games Sony will be able to develop,” said Tokyo-based analyst Serkan Toto of Kantan Games. “The other critical point will be the price: spec-wise, the PSVR2 is a beast, and some users already expect it to cost as much as a PS5 itself.”Game developers remain skeptical about the VR segment because of its relative lack of market penetration, especially on Sony’s home turf of Japan. Meta’s Quest 2 is estimated by IDC to have shipped 17 million units to date and is lauded as the high water mark for the sector, but pales in comparison to other products in the console, mobile and PC gaming arenas.The economic slowdown and increased materials costs following Russia’s invasion of Ukraine have also hit the VR sector. Meta raised the Quest 2’s price in August in response to the rising cost of production.“The increasing cost of living is making many consumers wary of spending on non-essential items,” said IDC vice president of data and analytics Francisco Jeronimo. “If the economic crisis deepens, Sony may need to cut production.”Sony’s suppliers and partners are uncertain about how long the Japanese company will maintain its high-paced production schedule after launch.Sony plans to boost the PSVR2’s launch with new titles designed for VR from its popular in-house franchises, such as Horizon, and has said there are more than 20 titles in development for the device from internal and third-party game developers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915790130,"gmtCreate":1665105400020,"gmtModify":1676537557935,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"Should also&nbsp;Improve content to sustain subscribers.","listText":"Should also&nbsp;Improve content to sustain subscribers.","text":"Should also Improve content to sustain subscribers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915790130","repostId":"2273050738","repostType":4,"repost":{"id":"2273050738","pubTimestamp":1665066353,"share":"https://ttm.financial/m/news/2273050738?lang=&edition=fundamental","pubTime":"2022-10-06 22:25","market":"us","language":"en","title":"This Secret Weapon Is About to Supercharge Netflix's Revenue Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2273050738","media":"Motley Fool","summary":"Netflix will start a new chapter next month in its effort to reinvigorate subscription and revenue growth.","content":"<html><head></head><body><p><b>Netflix</b>&#39;s diminishing subscriber count has led to sluggish revenue growth through the first half of 2022. That could all be about to change, though, as Netflix gears up to launch its ad-supported tier.</p><p>Advertising could be responsible for reaccelerating the company&#39;s revenue growth while enabling it to keep prices stable, reinvigorating subscriber growth as well. What&#39;s more, investors could see the benefits of advertising right away.</p><h2>The massive potential for advertising on Netflix</h2><p>Netflix is planning to launch the ad-supported tier on Nov. 1. The goal may be to beat rival <b>Disney</b>, which plans to launch an ad-supported version of Disney+ in December. Netflix, the streaming leader, came out of the gate asking for a lot. It&#39;s asking for higher ad prices than the Super Bowl, according to several reports.</p><p>Many buyers have balked at the high ad prices, but the fact Netflix thinks it can even ask for that much shows the power of its position. Few other platforms can offer the breadth of Netflix&#39;s audience on the most immersive screen in the home -- the living room television.</p><p>Netflix only plans to show about four minutes of advertisements per hour of programming. Disney is planning a similar ad load for Disney+, but it shows around six minutes of ads per hour on Hulu.</p><p>But what Netflix has that its rivals don&#39;t is an extremely high rate of engagement. Management said the average subscriber watched over two hours of programming on its service per day in 2019. That number may have changed over the last few years with shifts in viewing habits and increased competition, but estimates have remained high.</p><p>What&#39;s notable, though, is the average Netflix subscriber watches more Netflix than the average Hulu subscriber watches Hulu. Nielsen&#39;s The Gauge report consistently shows Netflix with more than twice the viewing time as Hulu despite only around 1.5 times as many domestic subscribers.</p><p>The combination of high ad prices and high engagement should lead to substantial ad revenue per user for Netflix. The company could ultimately generate $26 in ad revenue per subscriber per month, according to Atlantic Equities analyst Hamilton Faber. That number is more than triple the amount Disney generates from ads on Hulu.</p><h2>The ad-supported tier could provide an immediate boost</h2><p>Netflix expects to end 2022 with just 500,000 ad-supported subscribers. That&#39;s a tiny amount compared to the 220 million subscribers it had at the end of June. Still, the impact could be felt immediately.</p><p>Even if Faber&#39;s estimate turns out to be overly aggressive, the logic is strong. Higher ad prices and stronger engagement should produce better ad revenue per subscriber numbers than other streaming services. That should make the ad-supported tier more profitable than the ad-free tier.</p><p>So, when current subscribers move from ad-free to ad-supported, Netflix should see a bump in revenue per user. A recent survey from Samba TV found that 45% of current subscribers would consider switching to an ad-supported version of Netflix. That could ultimately mean Netflix sees a boost in its average revenue per membership without having to raise its prices again next year.</p><p>While there are some additional costs to setting up the ad-supported tier, the boost in revenue ought to more than offset them. Netflix&#39;s demands for high ad prices and its strong engagement should fuel an immediate tailwind for its revenue and earnings.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Secret Weapon Is About to Supercharge Netflix's Revenue Growth</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\">\nThis Secret Weapon Is About to Supercharge Netflix's Revenue Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/06/this-secret-weapon-is-about-to-supercharge-netflix/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix's diminishing subscriber count has led to sluggish revenue growth through the first half of 2022. That could all be about to change, though, as Netflix gears up to launch its ad-supported tier...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/06/this-secret-weapon-is-about-to-supercharge-netflix/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2022/10/06/this-secret-weapon-is-about-to-supercharge-netflix/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273050738","content_text":"Netflix's diminishing subscriber count has led to sluggish revenue growth through the first half of 2022. That could all be about to change, though, as Netflix gears up to launch its ad-supported tier.Advertising could be responsible for reaccelerating the company's revenue growth while enabling it to keep prices stable, reinvigorating subscriber growth as well. What's more, investors could see the benefits of advertising right away.The massive potential for advertising on NetflixNetflix is planning to launch the ad-supported tier on Nov. 1. The goal may be to beat rival Disney, which plans to launch an ad-supported version of Disney+ in December. Netflix, the streaming leader, came out of the gate asking for a lot. It's asking for higher ad prices than the Super Bowl, according to several reports.Many buyers have balked at the high ad prices, but the fact Netflix thinks it can even ask for that much shows the power of its position. Few other platforms can offer the breadth of Netflix's audience on the most immersive screen in the home -- the living room television.Netflix only plans to show about four minutes of advertisements per hour of programming. Disney is planning a similar ad load for Disney+, but it shows around six minutes of ads per hour on Hulu.But what Netflix has that its rivals don't is an extremely high rate of engagement. Management said the average subscriber watched over two hours of programming on its service per day in 2019. That number may have changed over the last few years with shifts in viewing habits and increased competition, but estimates have remained high.What's notable, though, is the average Netflix subscriber watches more Netflix than the average Hulu subscriber watches Hulu. Nielsen's The Gauge report consistently shows Netflix with more than twice the viewing time as Hulu despite only around 1.5 times as many domestic subscribers.The combination of high ad prices and high engagement should lead to substantial ad revenue per user for Netflix. The company could ultimately generate $26 in ad revenue per subscriber per month, according to Atlantic Equities analyst Hamilton Faber. That number is more than triple the amount Disney generates from ads on Hulu.The ad-supported tier could provide an immediate boostNetflix expects to end 2022 with just 500,000 ad-supported subscribers. That's a tiny amount compared to the 220 million subscribers it had at the end of June. Still, the impact could be felt immediately.Even if Faber's estimate turns out to be overly aggressive, the logic is strong. Higher ad prices and stronger engagement should produce better ad revenue per subscriber numbers than other streaming services. That should make the ad-supported tier more profitable than the ad-free tier.So, when current subscribers move from ad-free to ad-supported, Netflix should see a bump in revenue per user. A recent survey from Samba TV found that 45% of current subscribers would consider switching to an ad-supported version of Netflix. That could ultimately mean Netflix sees a boost in its average revenue per membership without having to raise its prices again next year.While there are some additional costs to setting up the ad-supported tier, the boost in revenue ought to more than offset them. Netflix's demands for high ad prices and its strong engagement should fuel an immediate tailwind for its revenue and earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915652101,"gmtCreate":1665026347503,"gmtModify":1676537546687,"author":{"id":"4126600441940122","authorId":"4126600441940122","name":"BossApal","avatar":"https://community-static.tradeup.com/news/bca4d460c696986f5f2b0b13b777d8bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126600441940122","authorIdStr":"4126600441940122"},"themes":[],"htmlText":"More made in China products.&nbsp;","listText":"More made in China products.&nbsp;","text":"More made in China products.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915652101","repostId":"1108594077","repostType":4,"repost":{"id":"1108594077","pubTimestamp":1665020903,"share":"https://ttm.financial/m/news/1108594077?lang=&edition=fundamental","pubTime":"2022-10-06 09:48","market":"hk","language":"en","title":"Chinese EV Battery Maker CALB Targets Top Three Rivals After IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1108594077","media":"Bloomberg","summary":"Chinese battery maker raised $1.3 billion in Hong Kong IPOCurrent market share is a fraction of lead","content":"<html><head></head><body><ul><li>Chinese battery maker raised $1.3 billion in Hong Kong IPO</li><li>Current market share is a fraction of leaders CATL, LG Energy</li></ul><p>Newly Hong Kong-listed CALB Co. aims to become a top-three player in the electric vehicle battery industry within five years, Chief Executive Officer Jingyu Liu said.</p><p>Shares in the Changzhou, Zhejiang-based firmopenedat $38 Thursday, in line with the IPO price. The offerraisedabout HK$10.1 billion ($1.3 billion), with the shares sold at the bottom of a marketed range that went as high as $51.</p><p>“We want to reach top five in the global EV battery market in a year’s time, and be third within three-to-five years,” Liu said in an interview with Bloomberg Television.</p><p>The company is currently building out production lines that will have a combined annual capacity of more than 200 gigawatt hours. “This increased battery capacity will place us among the top few globally,” said Liu, the only female CEO of a top 10 global battery maker.</p><p>China Aviation Lithium Battery Technology Co., as its formally known, was formed in 2015 under Luoyang Co., a wholly owned unit of the China Airborne Missile Academy, which is part of state-owned aerospace and defense firm Aviation Industry Corp. of China Ltd.</p><p><img src=\"https://static.tigerbbs.com/7163846cdb60d74069e559c33a7b7f5c\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The lofty goals for the Xpeng Inc.supplier come with a need to pay for the expansion. Liu said going public was a “natural next step” in the high-growth sector.</p><p>“Our IPO funds will be used for business expansion and R&amp;D,” Liu said. “But our finances have been stable and we have sufficient capital for current needs.”</p><p>CALB is projecting a “big” increase in domestic battery market share as it increases output, followed by “significant growth” from 2024 in overseas markets, she said.</p><p>The company ranks seventh among global EV battery suppliers, according to SNE Research, but is dwarfed by larger Chinese rivalContemporary Amperex Technology Co. Ltd., followed by South Korea’s LG Energy Solution Ltd. andBYD Co., all whom have deep pockets and equally high ambitions to expand their market share.</p><p><img src=\"https://static.tigerbbs.com/e81718f45567021ff3a34ca8ed765fad\" tg-width=\"642\" tg-height=\"379\" width=\"100%\" height=\"auto\"/></p><p>Market leader CATL has already unveiled around $20 billion worth of spending commitments this year on a slate of factories to be built at home, and as far away asHungaryand resource-richIndonesia.</p><p>As the EV supply chain grapples with soaring costs of key battery materials like lithium and copper, CALB has seen through the worst of the industry-wide price shocks, Liu said. Margins have continued to grow, with first-quarter profit higher than a year earlier, and second quarter earnings higher than the first, she said.</p><p>“We expect our profits to continue increasing in every subsequent quarter,” she said. “We’ll reduce supply chain costs through working with our upstream suppliers and battery recycling.”</p><p>Even at asmaller sizethan initially expected, CALB is the third-largest IPO in Hong Kong this year, as mid-to-large sized deals return after a slow first half. Still, funds raised in the city are down about 75% since the start of January as rising interest rates roil markets and keep issuers on the sidelines.</p><p>Half of the 18 companies that have listed in Hong Kong after offerings larger than $100 million this year ended their first session underwater. Five finished little changed and only four rose on day one.</p><p><img src=\"https://static.tigerbbs.com/5d22c4e2510289c6050817400404606f\" tg-width=\"627\" tg-height=\"377\" width=\"100%\" height=\"auto\"/></p><p>CALB’s debut comes one week after a disastrous first-day of trading for Chinese EV makerZhejiang Leapmotor Technology Co., which plunged 34%, after raising $800 million in an IPO that was priced at the bottom of the marketed range. The slide wasthe biggest first-day declinefor a listing of that size or bigger on record in the Hong Kong.</p><p>Huatai International Ltd.is the sole sponsor of CALB’s Hong Kong IPO.</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>Chinese EV Battery Maker CALB Targets Top Three Rivals After IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Battery Maker CALB Targets Top Three Rivals After IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-06/chinese-ev-battery-maker-calb-targets-top-three-rivals-after-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese battery maker raised $1.3 billion in Hong Kong IPOCurrent market share is a fraction of leaders CATL, LG EnergyNewly Hong Kong-listed CALB Co. aims to become a top-three player in the electric...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-06/chinese-ev-battery-maker-calb-targets-top-three-rivals-after-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03931":"中创新航"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-06/chinese-ev-battery-maker-calb-targets-top-three-rivals-after-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108594077","content_text":"Chinese battery maker raised $1.3 billion in Hong Kong IPOCurrent market share is a fraction of leaders CATL, LG EnergyNewly Hong Kong-listed CALB Co. aims to become a top-three player in the electric vehicle battery industry within five years, Chief Executive Officer Jingyu Liu said.Shares in the Changzhou, Zhejiang-based firmopenedat $38 Thursday, in line with the IPO price. The offerraisedabout HK$10.1 billion ($1.3 billion), with the shares sold at the bottom of a marketed range that went as high as $51.“We want to reach top five in the global EV battery market in a year’s time, and be third within three-to-five years,” Liu said in an interview with Bloomberg Television.The company is currently building out production lines that will have a combined annual capacity of more than 200 gigawatt hours. “This increased battery capacity will place us among the top few globally,” said Liu, the only female CEO of a top 10 global battery maker.China Aviation Lithium Battery Technology Co., as its formally known, was formed in 2015 under Luoyang Co., a wholly owned unit of the China Airborne Missile Academy, which is part of state-owned aerospace and defense firm Aviation Industry Corp. of China Ltd.The lofty goals for the Xpeng Inc.supplier come with a need to pay for the expansion. Liu said going public was a “natural next step” in the high-growth sector.“Our IPO funds will be used for business expansion and R&D,” Liu said. “But our finances have been stable and we have sufficient capital for current needs.”CALB is projecting a “big” increase in domestic battery market share as it increases output, followed by “significant growth” from 2024 in overseas markets, she said.The company ranks seventh among global EV battery suppliers, according to SNE Research, but is dwarfed by larger Chinese rivalContemporary Amperex Technology Co. Ltd., followed by South Korea’s LG Energy Solution Ltd. andBYD Co., all whom have deep pockets and equally high ambitions to expand their market share.Market leader CATL has already unveiled around $20 billion worth of spending commitments this year on a slate of factories to be built at home, and as far away asHungaryand resource-richIndonesia.As the EV supply chain grapples with soaring costs of key battery materials like lithium and copper, CALB has seen through the worst of the industry-wide price shocks, Liu said. Margins have continued to grow, with first-quarter profit higher than a year earlier, and second quarter earnings higher than the first, she said.“We expect our profits to continue increasing in every subsequent quarter,” she said. “We’ll reduce supply chain costs through working with our upstream suppliers and battery recycling.”Even at asmaller sizethan initially expected, CALB is the third-largest IPO in Hong Kong this year, as mid-to-large sized deals return after a slow first half. Still, funds raised in the city are down about 75% since the start of January as rising interest rates roil markets and keep issuers on the sidelines.Half of the 18 companies that have listed in Hong Kong after offerings larger than $100 million this year ended their first session underwater. Five finished little changed and only four rose on day one.CALB’s debut comes one week after a disastrous first-day of trading for Chinese EV makerZhejiang Leapmotor Technology Co., which plunged 34%, after raising $800 million in an IPO that was priced at the bottom of the marketed range. The slide wasthe biggest first-day declinefor a listing of that size or bigger on record in the Hong Kong.Huatai International Ltd.is the sole sponsor of CALB’s Hong Kong IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}