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- JogicorgiJogicorgi
  ·2021-06-16
  Stay home safest
  GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis
  Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.Cruise, a majority-owned subsidiary ofGeneral Motors, has se
  GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis
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- JogicorgiJogicorgi
  ·2021-06-16
  ???
  Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’
  KEY POINTS Fed Chairman Jerome Powell’s news conference Wednesday could have major market implicati
  Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’
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- JogicorgiJogicorgi
  ·2021-06-16
  Woah
  GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis
  Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.Cruise, a majority-owned subsidiary ofGeneral Motors, has se
  GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis
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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\">\nGM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121368819","content_text":"KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.\nThis past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\n\nCruise, a majority-owned subsidiary ofGeneral Motors, has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business.\nThe new credit, announced Tuesday, is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles, which GM isexpected to begin producingat a factory in Detroit in early 2023. It brings Cruise's war chest to more than $10 billion, according to Cruise CEO Dan Ammann.\n″$10 billion. It’s a big number. However, when you think about what we’re building - safer, cleaner, and more accessible transportation for the world - you quickly realize it’s also a necessary number,” Ammann said in a blog post. “This is an incredibly exciting time for Cruise.”\nUltimately, GM Finance is providing Cruise credit instead of the company attempting to raise outside capital, which it has done in the past. GM acquired Cruise in 2016. Since then, it has brought on investors such as Honda Motor, SoftBank Vision Fund and, more recently, Walmart and Microsoft.\nThis past month, Cruise said GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\nThe Origin, which wasunveiled in January 2020, is the company’s first vehicle specifically designed to operate without a driver on board. It does not have manual controls such as pedals or a steering wheel.\nThe new credit line and pre-production model announcements follow Cruise earlier this month becoming the first autonomous vehicle developer to obtain a permit from the California Public Utilities Commission to givepassengers rides in prototype robotaxis.\nCommercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. The challenges have led to a consolidation in the autonomous vehicle sector after years of enthusiasm touting the technology as the next multitrillion-dollar market for transportation companies.\nCruise was expected to launch a ride-hailing service for the public in San Francisco in 2019. The company delayed those plans that year to conduct further testing. It has been operating an employee ride-hailing service with a current fleet of autonomous vehicles in San Francisco for several years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160877974,"gmtCreate":1623789366798,"gmtModify":1703819377757,"author":{"id":"3586519093039498","authorId":"3586519093039498","name":"Jogicorgi","avatar":"https://static.tigerbbs.com/a04249900673544d86cc9b0d4281fba2","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586519093039498","authorIdStr":"3586519093039498"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160877974","repostId":"1163235288","repostType":4,"repost":{"id":"1163235288","kind":"news","pubTimestamp":1623767725,"share":"https://ttm.financial/m/news/1163235288?lang=&edition=fundamental","pubTime":"2021-06-15 22:35","market":"us","language":"en","title":"Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’","url":"https://stock-news.laohu8.com/highlight/detail?id=1163235288","media":"cnbc","summary":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implicati","content":"<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’</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\">\nCramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1163235288","content_text":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A portion that hits the stock market.\nThe “Mad Money” host also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery.\n\nCNBC’sJim Crameron Tuesday warned about the stock market implications of Federal Reserve ChairmanJerome Powell’s upcoming post-meeting news conference.\nThe Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments are beinghighly anticipated across Wall Street, as traders and investors look for fresh insights into how the Fed will respond to aseries of recent data pointsshowing inflation across the U.S. economy.\nOn“Squawk Box,”Cramer said he expects Powell to face “endless heckling” from journalists about whether the central bank’s highly accommodative monetary policy remains appropriate at this stage of the economy’s recovery from the Covid pandemic.\nPowell “has been saying, ‘I’m going to stay the course, stay the course.’ But there’s just this tortuous Q&A thing that he does, where it’s just a nightmare,” the“Mad Money”host said.\n“There are going to be people who just ask about the [producer price index] eight straight times, and they’re going to try and wear him down and maybe at one point he’s just worn down and he goes, ‘Yeah I know we’re buying too many mortgages’ ... or he slips up,” Cramer suggested.\nThe Labor Department on Tuesday said the PPI in Mayrose a hot 6.6% year over year, the largest 12-month increase on record. That comes after last week’sbig spike in consumer prices.\n“I mean, Jay is really practiced, but on the eighth question or the ninth question, I think he’s going to say, ‘Listen, I’m going to look at this,’ and that’s going to freak people out,” Cramer continued.\nAsked by CNBC’sAndrew Ross Sorkinabout how, exactly, stocks might react in that hypothetical scenario, Cramer responded: “Market goes down big, and we go down for about four, five days.”\nCramer also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery, justifying the Fed’s near-zero interest rates and asset purchase program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160877068,"gmtCreate":1623789341654,"gmtModify":1703819377268,"author":{"id":"3586519093039498","authorId":"3586519093039498","name":"Jogicorgi","avatar":"https://static.tigerbbs.com/a04249900673544d86cc9b0d4281fba2","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586519093039498","authorIdStr":"3586519093039498"},"themes":[],"htmlText":"Woah","listText":"Woah","text":"Woah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160877068","repostId":"1121368819","repostType":4,"repost":{"id":"1121368819","kind":"news","pubTimestamp":1623769287,"share":"https://ttm.financial/m/news/1121368819?lang=&edition=fundamental","pubTime":"2021-06-15 23:01","market":"us","language":"en","title":"GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis","url":"https://stock-news.laohu8.com/highlight/detail?id=1121368819","media":"cnbc","summary":"Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.Cruise, a majority-owned subsidiary ofGeneral Motors, has se","content":"<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis</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; 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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\">\nGM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121368819","content_text":"KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.\nThis past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\n\nCruise, a majority-owned subsidiary ofGeneral Motors, has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business.\nThe new credit, announced Tuesday, is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles, which GM isexpected to begin producingat a factory in Detroit in early 2023. It brings Cruise's war chest to more than $10 billion, according to Cruise CEO Dan Ammann.\n″$10 billion. It’s a big number. However, when you think about what we’re building - safer, cleaner, and more accessible transportation for the world - you quickly realize it’s also a necessary number,” Ammann said in a blog post. “This is an incredibly exciting time for Cruise.”\nUltimately, GM Finance is providing Cruise credit instead of the company attempting to raise outside capital, which it has done in the past. GM acquired Cruise in 2016. Since then, it has brought on investors such as Honda Motor, SoftBank Vision Fund and, more recently, Walmart and Microsoft.\nThis past month, Cruise said GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\nThe Origin, which wasunveiled in January 2020, is the company’s first vehicle specifically designed to operate without a driver on board. It does not have manual controls such as pedals or a steering wheel.\nThe new credit line and pre-production model announcements follow Cruise earlier this month becoming the first autonomous vehicle developer to obtain a permit from the California Public Utilities Commission to givepassengers rides in prototype robotaxis.\nCommercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. The challenges have led to a consolidation in the autonomous vehicle sector after years of enthusiasm touting the technology as the next multitrillion-dollar market for transportation companies.\nCruise was expected to launch a ride-hailing service for the public in San Francisco in 2019. The company delayed those plans that year to conduct further testing. It has been operating an employee ride-hailing service with a current fleet of autonomous vehicles in San Francisco for several years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}