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- Zac100xZac100x
  ·2021-07-23
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  Amazon, Ford-Backed Tesla Rival Rivian Plans 2nd US Manufacturing Facility
  Amazon.com Inc AMZN 1.47% andFord Motor CoF 1.97%-backed electric vehicle maker Rivian is scouting l
  Amazon, Ford-Backed Tesla Rival Rivian Plans 2nd US Manufacturing Facility
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- Zac100xZac100x
  ·2021-07-21
  Btc ttm
  As Netflix lays out mobile games plan, has it set a collision course with Apple?
  Netflix Inc.'s navigation through a year of choppy growth momentarily tripped up the company's stock
  As Netflix lays out mobile games plan, has it set a collision course with Apple?
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- Zac100xZac100x
  ·2021-07-21
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  Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests
  Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and Nvidia Corp. as the stocks seeing hi
  Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests
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- Zac100xZac100x
  ·2021-07-19
  Hi
  Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen
  (Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the fr
  Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen
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Setting up a new vehicle plant could cost up to $1 billion or more and a battery cell production factory can be set up for at least $2 billion.</p>\n<p><b>Why It Matters:</b>The California-based startup is valued at $27.6 billion and isreportedly planningto get a U.S. listing in September. The IPO timing is not certain and the listing could occur in late 2021 or even 2022, as per a Bloomberg report.</p>\n<p>Rivian CEO&nbsp;<b>RJ Scaringe</b>&nbsp;had just last week in a letter to customers revealed a delay in the deliveries of the launch edition of its electric pickup truck R1T to September, previously expected in July. R1S deliveries have been pushed back to fall.</p>\n<p>Amazon has an agreement with Rivian to deliver100,000 electric delivery vansas it strives to be carbon neutral by 2040.</p>\n<p>EV startups and legacy automakers are competing to bring their electric pickup trucks to the market, amid a shift in demand.</p>\n<p><b>Ford Motor Co</b>&nbsp;F 1.97%&nbsp;revealed the electric version of its best-selling F-150 pickup truck last week that will go into production next year.<b>General Motors Co</b>&nbsp;GM 2.37%&nbsp;is working on athird full-size electric pickup truck.</p>\n<p><b>Tesla Inc’s</b>&nbsp;TSLA 0.92%&nbsp;Cybertruck is expected to go into production later this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Ford-Backed Tesla Rival Rivian Plans 2nd US Manufacturing Facility</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Ford-Backed Tesla Rival Rivian Plans 2nd US Manufacturing Facility\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-23 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Amazon</b><b>.com Inc</b>&nbsp;AMZN 1.47%&nbsp;and<b>Ford Motor Co</b>F 1.97%-backed electric vehicle maker&nbsp;<b>Rivian</b>&nbsp;is scouting locations to build a second manufacturing plant in the United States, the company said in a statement to Benzinga&nbsp;on Thursday.</p>\n<p><b>What Happened:</b>Rivian currently has a manufacturing facility in Normal, Illinois and a second plant &nbsp;help the EV startup expand capacity and include a 50 gigawatt-hour (GWh) battery cell production operation, as perReuters, which first reported the development.</p>\n<p>“While it's early in an evolving process, Rivian is exploring locations for a second U.S. manufacturing facility,” Rivian spokeswoman Amy Mast told Benzinga.</p>\n<p>“We look forward to working with a supportive, technology-forward community in order to create a partnership as strong as the <a href=\"https://laohu8.com/S/AONE.U\">one</a> we have with Normal, Illinois.”</p>\n<p>The project requires an estimated 2,000 acres of land and construction could begin in Fall, as per Reuters. Setting up a new vehicle plant could cost up to $1 billion or more and a battery cell production factory can be set up for at least $2 billion.</p>\n<p><b>Why It Matters:</b>The California-based startup is valued at $27.6 billion and isreportedly planningto get a U.S. listing in September. The IPO timing is not certain and the listing could occur in late 2021 or even 2022, as per a Bloomberg report.</p>\n<p>Rivian CEO&nbsp;<b>RJ Scaringe</b>&nbsp;had just last week in a letter to customers revealed a delay in the deliveries of the launch edition of its electric pickup truck R1T to September, previously expected in July. R1S deliveries have been pushed back to fall.</p>\n<p>Amazon has an agreement with Rivian to deliver100,000 electric delivery vansas it strives to be carbon neutral by 2040.</p>\n<p>EV startups and legacy automakers are competing to bring their electric pickup trucks to the market, amid a shift in demand.</p>\n<p><b>Ford Motor Co</b>&nbsp;F 1.97%&nbsp;revealed the electric version of its best-selling F-150 pickup truck last week that will go into production next year.<b>General Motors Co</b>&nbsp;GM 2.37%&nbsp;is working on athird full-size electric pickup truck.</p>\n<p><b>Tesla Inc’s</b>&nbsp;TSLA 0.92%&nbsp;Cybertruck is expected to go into production later this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","AMZN":"亚马逊","F":"福特汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125408569","content_text":"Amazon.com Inc AMZN 1.47% andFord Motor CoF 1.97%-backed electric vehicle maker Rivian is scouting locations to build a second manufacturing plant in the United States, the company said in a statement to Benzinga on Thursday.\nWhat Happened:Rivian currently has a manufacturing facility in Normal, Illinois and a second plant  help the EV startup expand capacity and include a 50 gigawatt-hour (GWh) battery cell production operation, as perReuters, which first reported the development.\n“While it's early in an evolving process, Rivian is exploring locations for a second U.S. manufacturing facility,” Rivian spokeswoman Amy Mast told Benzinga.\n“We look forward to working with a supportive, technology-forward community in order to create a partnership as strong as the one we have with Normal, Illinois.”\nThe project requires an estimated 2,000 acres of land and construction could begin in Fall, as per Reuters. Setting up a new vehicle plant could cost up to $1 billion or more and a battery cell production factory can be set up for at least $2 billion.\nWhy It Matters:The California-based startup is valued at $27.6 billion and isreportedly planningto get a U.S. listing in September. The IPO timing is not certain and the listing could occur in late 2021 or even 2022, as per a Bloomberg report.\nRivian CEO RJ Scaringe had just last week in a letter to customers revealed a delay in the deliveries of the launch edition of its electric pickup truck R1T to September, previously expected in July. R1S deliveries have been pushed back to fall.\nAmazon has an agreement with Rivian to deliver100,000 electric delivery vansas it strives to be carbon neutral by 2040.\nEV startups and legacy automakers are competing to bring their electric pickup trucks to the market, amid a shift in demand.\nFord Motor Co F 1.97% revealed the electric version of its best-selling F-150 pickup truck last week that will go into production next year.General Motors Co GM 2.37% is working on athird full-size electric pickup truck.\nTesla Inc’s TSLA 0.92% Cybertruck is expected to go into production later this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176995654,"gmtCreate":1626852302178,"gmtModify":1703479292717,"author":{"id":"4089614230658220","authorId":"4089614230658220","name":"Zac100x","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089614230658220","authorIdStr":"4089614230658220"},"themes":[],"htmlText":"Btc ttm","listText":"Btc ttm","text":"Btc ttm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176995654","repostId":"2153908966","repostType":4,"repost":{"id":"2153908966","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626849660,"share":"https://ttm.financial/m/news/2153908966?lang=&edition=fundamental","pubTime":"2021-07-21 14:41","market":"hk","language":"en","title":"As Netflix lays out mobile games plan, has it set a collision course with Apple?","url":"https://stock-news.laohu8.com/highlight/detail?id=2153908966","media":"Dow Jones","summary":"Netflix Inc.'s navigation through a year of choppy growth momentarily tripped up the company's stock","content":"<blockquote>\n <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> Inc.'s navigation through a year of choppy growth momentarily tripped up the company's stock Tuesday, yet its expansion into videogames offers a tantalizing upside and a potential confrontation with <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.\n</blockquote>\n<p>The No. 1 video-streaming service <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> confirmed during its earnings announcement Tuesday that it is in the early stages of expanding into games, building off of earlier endeavors around interactivity with \"Black Mirror: Bandersnatch\" and the company's \"Stranger Things\" videogames.</p>\n<p>\"We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV,\" Netflix executives said in a letter to shareholders . \"Games will be included in members' Netflix subscription at no additional cost similar to films and series.\"</p>\n<p>\"We really see this as an extension of our core product offering\"and not as a separate profit pool, Netflix Chief Operating Officer Greg Peterssaid during a video call late Tuesday to discuss earnings. He characterized the gaming push as a multiyear effort that will start \"relatively small\" and \"continuously improve, based on what members tell us what is working.\"</p>\n<p>Netflix sees a chance to differentiate its gaming experience, Peters added, around its vast library of intellectual property and will focus on mobile devices and TV set-top boxes. \"There is a rich opportunity to improve quality-of-game experience,\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> that lets fans of Netflix's original content \"go further and put their [gaming] energies there.\"</p>\n<p>\"We are a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-product company with a bunch of supporting services,\" Netflix co-Chief Executive Reed Hastings said during the video call.</p>\n<p>Diversifying into games was inevitable, given the brutal competition with media giants such as <a href=\"https://laohu8.com/S/DIS\">Walt Disney</a> Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, and slackening growth of new net paid additions later this year for Netflix, which also missed <a href=\"https://laohu8.com/S/QTWO\">Q2</a> earnings estimates.</p>\n<p>\"We think mobile is a great platform -- it is mature, with great tools, and a developer community,\" Peters said during the 40-minute video call. \"It checks all of those boxes.\" Peters also indicated Netflix will license its gaming offerings.</p>\n<p>Still, the move to create a new unit dedicated to making and distributing games, comes fraught with challenges. Chief among them: It could lead to a confrontation with Apple. Netflix would need approval from the App Store to stream multiple games from its mobile app on iPhones and iPads. Apple has already quashed attempts by <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp. Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) to do so.</p>\n<p>In fact, a major component of Epic Games Inc.'s recent high-profile antitrust lawsuit against Apple is that App Store has restrictions that aren't tenable for some developers, creating a lopsided competitive landscape for Apple Arcade, a videogame subscription service available on iOS.</p>\n<p>Apple allows services that stream movies to offer them all in a single app, but forces services that stream games to separate each game for individual listing and review. \"I can use Netflix with a native app and I can see lots of different movies or TV shows or whatever. Is it that you didn't want to use a subscription model?\" a confused Judge Yvonne Gonzalez <a href=\"https://laohu8.com/S/RCI\">Rogers</a> asked at one point during the three-week Apple-Epic trial in May.</p>\n<p>Executives from Microsoft and Nvidia Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> testified about the technological hoops they were made to jump through, at Apple's request. Lori Wright, vice president of business development at Microsoft, said the software giant spent four months discussing with Apple how to launch xCloud as a native app, only to claim Apple demanded Microsoft, Nvidia, and others list cloud games as separate apps.</p>\n<p>Submitting Xbox games one-by-one was too onerous, Wright said, forcing Microsoft to resort to making a web app. This not only represented a technological hurdle for Microsoft, she said, but also inconvenienced consumers. Users aren't used to installing apps from the web on their iPhones.</p>\n<p>An Nvidia executive, meanwhile, explained how it had tried to get its GeForce Now cloud gaming service into the App Store, but had faced the same restrictions as Microsoft. \"There are less controls over the streaming, so you could argue in some ways it's worse\" than a native app, said Aashish Patel, Nvidia's director of product management.</p>\n<p>With games coming to the Netflix service in addition to movies and episodic series, the same restrictive scenario could unfold, setting the two streaming rivals on a collision course.</p>\n<p>Apple and Epic did not respond to email messages seeking comment on Netflix's foray into gaming.</p>\n<p>Netflix's entry into gaming over the next year would also have a ripple effect on its overall business structure, calling into question how it distributes content and how much it charges subscribers, according to at least two financial analysts.</p>\n<p>\"One option/solution/path Netflix could take would be to segregate video games into the Premium tiers of service,\" AB Bernstein analyst Todd Juenger said in a July 15 note. \"For example, if you want videogames, maybe you need to subscribe to the Premium (4S) Plan. If you don't want them, you can subscribe to the <a href=\"https://laohu8.com/S/BAS\">Basic</a> (1S) or <a href=\"https://laohu8.com/S/SMP\">Standard</a> (2S) Plan. That pricing strategy would require Netflix to deviate from a core product tenet they have so far held sacred, which is that all Netflix members have access to all content (that's available in their market).\"</p>\n<p>\"Another option Netflix could choose would be to characterize the games as 'free-to-play,' as for so many successful videogames,\" Juenger wrote. \"The trick here is to ensure subscribers who don't want videogames believe that they really aren't'paying' for them.\"</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Benjamin Swinburne offers even more cautionary words in a July 16 note. \"The risks and points of caution reflect the lack of success other even larger consumer tech platforms have had despite significant effort and investment... To succeed in gaming will require a significant shift in resources and priorities for the company.\"</p>\n<p>Swinburne points to the struggles of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Google parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) in expanding their cloud-based game distribution platforms, Luna and Stadia, respectively, because of \"a lack of unique content offerings and technology limitations.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As Netflix lays out mobile games plan, has it set a collision course with Apple?</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\">\nAs Netflix lays out mobile games plan, has it set a collision course with Apple?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-21 14:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> Inc.'s navigation through a year of choppy growth momentarily tripped up the company's stock Tuesday, yet its expansion into videogames offers a tantalizing upside and a potential confrontation with <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.\n</blockquote>\n<p>The No. 1 video-streaming service <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> confirmed during its earnings announcement Tuesday that it is in the early stages of expanding into games, building off of earlier endeavors around interactivity with \"Black Mirror: Bandersnatch\" and the company's \"Stranger Things\" videogames.</p>\n<p>\"We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV,\" Netflix executives said in a letter to shareholders . \"Games will be included in members' Netflix subscription at no additional cost similar to films and series.\"</p>\n<p>\"We really see this as an extension of our core product offering\"and not as a separate profit pool, Netflix Chief Operating Officer Greg Peterssaid during a video call late Tuesday to discuss earnings. He characterized the gaming push as a multiyear effort that will start \"relatively small\" and \"continuously improve, based on what members tell us what is working.\"</p>\n<p>Netflix sees a chance to differentiate its gaming experience, Peters added, around its vast library of intellectual property and will focus on mobile devices and TV set-top boxes. \"There is a rich opportunity to improve quality-of-game experience,\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> that lets fans of Netflix's original content \"go further and put their [gaming] energies there.\"</p>\n<p>\"We are a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-product company with a bunch of supporting services,\" Netflix co-Chief Executive Reed Hastings said during the video call.</p>\n<p>Diversifying into games was inevitable, given the brutal competition with media giants such as <a href=\"https://laohu8.com/S/DIS\">Walt Disney</a> Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, and slackening growth of new net paid additions later this year for Netflix, which also missed <a href=\"https://laohu8.com/S/QTWO\">Q2</a> earnings estimates.</p>\n<p>\"We think mobile is a great platform -- it is mature, with great tools, and a developer community,\" Peters said during the 40-minute video call. \"It checks all of those boxes.\" Peters also indicated Netflix will license its gaming offerings.</p>\n<p>Still, the move to create a new unit dedicated to making and distributing games, comes fraught with challenges. Chief among them: It could lead to a confrontation with Apple. Netflix would need approval from the App Store to stream multiple games from its mobile app on iPhones and iPads. Apple has already quashed attempts by <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp. Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) to do so.</p>\n<p>In fact, a major component of Epic Games Inc.'s recent high-profile antitrust lawsuit against Apple is that App Store has restrictions that aren't tenable for some developers, creating a lopsided competitive landscape for Apple Arcade, a videogame subscription service available on iOS.</p>\n<p>Apple allows services that stream movies to offer them all in a single app, but forces services that stream games to separate each game for individual listing and review. \"I can use Netflix with a native app and I can see lots of different movies or TV shows or whatever. Is it that you didn't want to use a subscription model?\" a confused Judge Yvonne Gonzalez <a href=\"https://laohu8.com/S/RCI\">Rogers</a> asked at one point during the three-week Apple-Epic trial in May.</p>\n<p>Executives from Microsoft and Nvidia Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> testified about the technological hoops they were made to jump through, at Apple's request. Lori Wright, vice president of business development at Microsoft, said the software giant spent four months discussing with Apple how to launch xCloud as a native app, only to claim Apple demanded Microsoft, Nvidia, and others list cloud games as separate apps.</p>\n<p>Submitting Xbox games one-by-one was too onerous, Wright said, forcing Microsoft to resort to making a web app. This not only represented a technological hurdle for Microsoft, she said, but also inconvenienced consumers. Users aren't used to installing apps from the web on their iPhones.</p>\n<p>An Nvidia executive, meanwhile, explained how it had tried to get its GeForce Now cloud gaming service into the App Store, but had faced the same restrictions as Microsoft. \"There are less controls over the streaming, so you could argue in some ways it's worse\" than a native app, said Aashish Patel, Nvidia's director of product management.</p>\n<p>With games coming to the Netflix service in addition to movies and episodic series, the same restrictive scenario could unfold, setting the two streaming rivals on a collision course.</p>\n<p>Apple and Epic did not respond to email messages seeking comment on Netflix's foray into gaming.</p>\n<p>Netflix's entry into gaming over the next year would also have a ripple effect on its overall business structure, calling into question how it distributes content and how much it charges subscribers, according to at least two financial analysts.</p>\n<p>\"One option/solution/path Netflix could take would be to segregate video games into the Premium tiers of service,\" AB Bernstein analyst Todd Juenger said in a July 15 note. \"For example, if you want videogames, maybe you need to subscribe to the Premium (4S) Plan. If you don't want them, you can subscribe to the <a href=\"https://laohu8.com/S/BAS\">Basic</a> (1S) or <a href=\"https://laohu8.com/S/SMP\">Standard</a> (2S) Plan. That pricing strategy would require Netflix to deviate from a core product tenet they have so far held sacred, which is that all Netflix members have access to all content (that's available in their market).\"</p>\n<p>\"Another option Netflix could choose would be to characterize the games as 'free-to-play,' as for so many successful videogames,\" Juenger wrote. \"The trick here is to ensure subscribers who don't want videogames believe that they really aren't'paying' for them.\"</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Benjamin Swinburne offers even more cautionary words in a July 16 note. \"The risks and points of caution reflect the lack of success other even larger consumer tech platforms have had despite significant effort and investment... To succeed in gaming will require a significant shift in resources and priorities for the company.\"</p>\n<p>Swinburne points to the struggles of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Google parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) in expanding their cloud-based game distribution platforms, Luna and Stadia, respectively, because of \"a lack of unique content offerings and technology limitations.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153908966","content_text":"Netflix Inc.'s navigation through a year of choppy growth momentarily tripped up the company's stock Tuesday, yet its expansion into videogames offers a tantalizing upside and a potential confrontation with Apple Inc.\n\nThe No. 1 video-streaming service $(NFLX)$ confirmed during its earnings announcement Tuesday that it is in the early stages of expanding into games, building off of earlier endeavors around interactivity with \"Black Mirror: Bandersnatch\" and the company's \"Stranger Things\" videogames.\n\"We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV,\" Netflix executives said in a letter to shareholders . \"Games will be included in members' Netflix subscription at no additional cost similar to films and series.\"\n\"We really see this as an extension of our core product offering\"and not as a separate profit pool, Netflix Chief Operating Officer Greg Peterssaid during a video call late Tuesday to discuss earnings. He characterized the gaming push as a multiyear effort that will start \"relatively small\" and \"continuously improve, based on what members tell us what is working.\"\nNetflix sees a chance to differentiate its gaming experience, Peters added, around its vast library of intellectual property and will focus on mobile devices and TV set-top boxes. \"There is a rich opportunity to improve quality-of-game experience,\" one that lets fans of Netflix's original content \"go further and put their [gaming] energies there.\"\n\"We are a one-product company with a bunch of supporting services,\" Netflix co-Chief Executive Reed Hastings said during the video call.\nDiversifying into games was inevitable, given the brutal competition with media giants such as Walt Disney Co. $(DIS)$, Apple Inc. $(AAPL)$, AT&T Inc. $(T)$, and slackening growth of new net paid additions later this year for Netflix, which also missed Q2 earnings estimates.\n\"We think mobile is a great platform -- it is mature, with great tools, and a developer community,\" Peters said during the 40-minute video call. \"It checks all of those boxes.\" Peters also indicated Netflix will license its gaming offerings.\nStill, the move to create a new unit dedicated to making and distributing games, comes fraught with challenges. Chief among them: It could lead to a confrontation with Apple. Netflix would need approval from the App Store to stream multiple games from its mobile app on iPhones and iPads. Apple has already quashed attempts by Microsoft Corp. Corp. $(MSFT)$ and Facebook Inc. (FB) to do so.\nIn fact, a major component of Epic Games Inc.'s recent high-profile antitrust lawsuit against Apple is that App Store has restrictions that aren't tenable for some developers, creating a lopsided competitive landscape for Apple Arcade, a videogame subscription service available on iOS.\nApple allows services that stream movies to offer them all in a single app, but forces services that stream games to separate each game for individual listing and review. \"I can use Netflix with a native app and I can see lots of different movies or TV shows or whatever. Is it that you didn't want to use a subscription model?\" a confused Judge Yvonne Gonzalez Rogers asked at one point during the three-week Apple-Epic trial in May.\nExecutives from Microsoft and Nvidia Corp. $(NVDA)$ testified about the technological hoops they were made to jump through, at Apple's request. Lori Wright, vice president of business development at Microsoft, said the software giant spent four months discussing with Apple how to launch xCloud as a native app, only to claim Apple demanded Microsoft, Nvidia, and others list cloud games as separate apps.\nSubmitting Xbox games one-by-one was too onerous, Wright said, forcing Microsoft to resort to making a web app. This not only represented a technological hurdle for Microsoft, she said, but also inconvenienced consumers. Users aren't used to installing apps from the web on their iPhones.\nAn Nvidia executive, meanwhile, explained how it had tried to get its GeForce Now cloud gaming service into the App Store, but had faced the same restrictions as Microsoft. \"There are less controls over the streaming, so you could argue in some ways it's worse\" than a native app, said Aashish Patel, Nvidia's director of product management.\nWith games coming to the Netflix service in addition to movies and episodic series, the same restrictive scenario could unfold, setting the two streaming rivals on a collision course.\nApple and Epic did not respond to email messages seeking comment on Netflix's foray into gaming.\nNetflix's entry into gaming over the next year would also have a ripple effect on its overall business structure, calling into question how it distributes content and how much it charges subscribers, according to at least two financial analysts.\n\"One option/solution/path Netflix could take would be to segregate video games into the Premium tiers of service,\" AB Bernstein analyst Todd Juenger said in a July 15 note. \"For example, if you want videogames, maybe you need to subscribe to the Premium (4S) Plan. If you don't want them, you can subscribe to the Basic (1S) or Standard (2S) Plan. That pricing strategy would require Netflix to deviate from a core product tenet they have so far held sacred, which is that all Netflix members have access to all content (that's available in their market).\"\n\"Another option Netflix could choose would be to characterize the games as 'free-to-play,' as for so many successful videogames,\" Juenger wrote. \"The trick here is to ensure subscribers who don't want videogames believe that they really aren't'paying' for them.\"\nMorgan Stanley analyst Benjamin Swinburne offers even more cautionary words in a July 16 note. \"The risks and points of caution reflect the lack of success other even larger consumer tech platforms have had despite significant effort and investment... To succeed in gaming will require a significant shift in resources and priorities for the company.\"\nSwinburne points to the struggles of Amazon.com Inc. $(AMZN)$ and Google parent Alphabet Inc. $(GOOGL)$(GOOGL) in expanding their cloud-based game distribution platforms, Luna and Stadia, respectively, because of \"a lack of unique content offerings and technology limitations.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176995002,"gmtCreate":1626852281906,"gmtModify":1703479291895,"author":{"id":"4089614230658220","authorId":"4089614230658220","name":"Zac100x","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089614230658220","authorIdStr":"4089614230658220"},"themes":[],"htmlText":"Js","listText":"Js","text":"Js","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176995002","repostId":"1151834311","repostType":4,"repost":{"id":"1151834311","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626850369,"share":"https://ttm.financial/m/news/1151834311?lang=&edition=fundamental","pubTime":"2021-07-21 14:52","market":"us","language":"en","title":"Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests","url":"https://stock-news.laohu8.com/highlight/detail?id=1151834311","media":"Benzinga","summary":"Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and  Nvidia Corp. as the stocks seeing hi","content":"<p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b><b>.</b>&nbsp;has joined&nbsp;<b>.</b>&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b> </b><b>Nvidia</b>&nbsp;<b>Corp.</b>&nbsp;as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as&nbsp;<b>SPDR S&amp;P 500 ETF Trust</b>&nbsp;SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.</p>\n<p><b>What Happened</b>: Exchange-traded fund SPDR S&amp; 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.</p>\n<p>Graphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.</p>\n<p>The other stocks that are trending on the forum include video game retailer<b>GameStop Corp.</b>GME 11.06%, Canada-based cybersecurity company<b>BlackBerry Ltd</b>.BB 7.49%, medical insurance technology company<b>Clover Health Investments Corp.</b>CLOV 0.6%, electric vehicle maker<b>Tesla Inc.</b>TSLA 2.21%, tech giant<b>Apple Inc.</b>AAPL 2.6%and streaming giant<b>Netflix Inc.</b>NFLX 0.23%.</p>\n<p><b>Why It Matters:</b>&nbsp;Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> split-adjusted basis from Tuesday.</p>\n<p>Moderna’s shares, which are set to join the S&amp;P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.</p>\n<p>Netflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.</p>\n<p><b>Price Action</b>: SPDR S&amp;P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.</p>\n<p>AMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.</p>\n<p>Nvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests</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\">\nModerna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 14:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b><b>.</b>&nbsp;has joined&nbsp;<b>.</b>&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b> </b><b>Nvidia</b>&nbsp;<b>Corp.</b>&nbsp;as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as&nbsp;<b>SPDR S&amp;P 500 ETF Trust</b>&nbsp;SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.</p>\n<p><b>What Happened</b>: Exchange-traded fund SPDR S&amp; 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.</p>\n<p>Graphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.</p>\n<p>The other stocks that are trending on the forum include video game retailer<b>GameStop Corp.</b>GME 11.06%, Canada-based cybersecurity company<b>BlackBerry Ltd</b>.BB 7.49%, medical insurance technology company<b>Clover Health Investments Corp.</b>CLOV 0.6%, electric vehicle maker<b>Tesla Inc.</b>TSLA 2.21%, tech giant<b>Apple Inc.</b>AAPL 2.6%and streaming giant<b>Netflix Inc.</b>NFLX 0.23%.</p>\n<p><b>Why It Matters:</b>&nbsp;Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> split-adjusted basis from Tuesday.</p>\n<p>Moderna’s shares, which are set to join the S&amp;P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.</p>\n<p>Netflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.</p>\n<p><b>Price Action</b>: SPDR S&amp;P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.</p>\n<p>AMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.</p>\n<p>Nvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线","MRNA":"Moderna, Inc.","NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151834311","content_text":"Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and  Nvidia Corp. as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as SPDR S&P 500 ETF Trust SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.\nWhat Happened: Exchange-traded fund SPDR S& 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.\nGraphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.\nThe other stocks that are trending on the forum include video game retailerGameStop Corp.GME 11.06%, Canada-based cybersecurity companyBlackBerry Ltd.BB 7.49%, medical insurance technology companyClover Health Investments Corp.CLOV 0.6%, electric vehicle makerTesla Inc.TSLA 2.21%, tech giantApple Inc.AAPL 2.6%and streaming giantNetflix Inc.NFLX 0.23%.\nWhy It Matters: Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-one split-adjusted basis from Tuesday.\nModerna’s shares, which are set to join the S&P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.\nNetflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.\nPrice Action: SPDR S&P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.\nAMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.\nNvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173515161,"gmtCreate":1626669451053,"gmtModify":1703763055235,"author":{"id":"4089614230658220","authorId":"4089614230658220","name":"Zac100x","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089614230658220","authorIdStr":"4089614230658220"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173515161","repostId":"1197809141","repostType":4,"repost":{"id":"1197809141","pubTimestamp":1626666663,"share":"https://ttm.financial/m/news/1197809141?lang=&edition=fundamental","pubTime":"2021-07-19 11:51","market":"hk","language":"en","title":"Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen","url":"https://stock-news.laohu8.com/highlight/detail?id=1197809141","media":"Bloomberg","summary":"(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the fr","content":"<p>(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to repay debts.</p>\n<p>The stock tumbled almost 7% on Monday in Hong Kong trading, while Evergrande’s dollar bond due 2025 fell 2.3 cents on the dollar to 62.7 cents, set for its biggest drop in nearly two weeks, Bloomberg-compiled prices show.</p>\n<p>A court in Jiangsu province ordered the freezing of a 132 million yuan ($20 million) bank deposit held by Hengda Real Estate Group and its unit at the request of China Guangfa Bank Co., according to a court ruling released on July 13 that circulated among traders over the weekend. China Chengxin International Credit Rating Co., the country’s largest credit risk assessor, previously added Hengda Real Estate to a watch list, partly because of past-due commercial bill payments.</p>\n<p>The news deepens concern over the financial health of China’s most indebted developer as Beijing cracks down on excess leverage in the property sector. Founder Hui Ka Yan met last month with officials from the country’s top financial regulator, who urged him to solve Evergrande’s cashflow problems as quickly as possible.</p>\n<p>“Evergrande is on the brink of a crisis,” said Shen Chen, a partner at Shanghai Maoliang Investment Management LLP. “The application for asset freezing and the recent overdue commercial bills indicate that Evergrande’s debt and liquidity situation is deteriorating. The company may find it more difficult to raise funding in the future, whether in public bond markets or shadow banking activities such as trust loans.”</p>\n<p>Evergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units were earlier this month trading in the secondary market at implied yields as high as 36%, after a series of missed payments this year.</p>\n<p>Guangfa Bank said “the situation is urgent and its legal interest will be irrevocably damaged if it doesn’t immediately file the asset freeze petition,” according to the ruling.</p>\n<p>A representative for Evergrande didn’t immediately respond to an emailed request for comment on Monday.</p>\n<p>The latest news also triggered speculation Evergrande may struggle to get approval for a special dividend at a meeting next week. The stock had jumped almost 10% on Friday after Evergrande said it will consider an additional payout to shore up its share price, which has been trading near a four-year low.</p>\n<p>The stock has fallen 33% in the past three months to lead declines on the MSCI China Real Estate Index. The shares last last traded down 4.5%.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to...</p>\n\n<a href=\"https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197809141","content_text":"(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to repay debts.\nThe stock tumbled almost 7% on Monday in Hong Kong trading, while Evergrande’s dollar bond due 2025 fell 2.3 cents on the dollar to 62.7 cents, set for its biggest drop in nearly two weeks, Bloomberg-compiled prices show.\nA court in Jiangsu province ordered the freezing of a 132 million yuan ($20 million) bank deposit held by Hengda Real Estate Group and its unit at the request of China Guangfa Bank Co., according to a court ruling released on July 13 that circulated among traders over the weekend. China Chengxin International Credit Rating Co., the country’s largest credit risk assessor, previously added Hengda Real Estate to a watch list, partly because of past-due commercial bill payments.\nThe news deepens concern over the financial health of China’s most indebted developer as Beijing cracks down on excess leverage in the property sector. Founder Hui Ka Yan met last month with officials from the country’s top financial regulator, who urged him to solve Evergrande’s cashflow problems as quickly as possible.\n“Evergrande is on the brink of a crisis,” said Shen Chen, a partner at Shanghai Maoliang Investment Management LLP. “The application for asset freezing and the recent overdue commercial bills indicate that Evergrande’s debt and liquidity situation is deteriorating. The company may find it more difficult to raise funding in the future, whether in public bond markets or shadow banking activities such as trust loans.”\nEvergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units were earlier this month trading in the secondary market at implied yields as high as 36%, after a series of missed payments this year.\nGuangfa Bank said “the situation is urgent and its legal interest will be irrevocably damaged if it doesn’t immediately file the asset freeze petition,” according to the ruling.\nA representative for Evergrande didn’t immediately respond to an emailed request for comment on Monday.\nThe latest news also triggered speculation Evergrande may struggle to get approval for a special dividend at a meeting next week. The stock had jumped almost 10% on Friday after Evergrande said it will consider an additional payout to shore up its share price, which has been trading near a four-year low.\nThe stock has fallen 33% in the past three months to lead declines on the MSCI China Real Estate Index. The shares last last traded down 4.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}