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Stingers

Stingers

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0勋章

2021-06-17

Most company are older than me if not as old as me

These 10 Stocks Make Up 85% of Warren Buffett's Portfolio

2021-07-07

It's gonna be a very successful EV maker with auto pilot.

Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong

2021-06-04

Go play with your coin

Tesla shares drop on report of steep May sales decline in China

2021-07-25

Don't think so

抱歉，原内容已删除

2021-07-08

You're di-ed

Didi Extends Drop to Fresh Lows as China Weighs Rule Changes

2021-06-06

I smell more upsides coming

Square to invest $5 mln in Blockstream's solar-powered bitcoin mining facility

2021-05-29

SQ being new in the market have better upside

抱歉，原内容已删除

2021-05-17

Nice... Good for them, good for investors

China industrial output rises 9.8% y/y in April, retail sales up 17.7% y/y

2021-04-26

Comment and like pls. Thanks

抱歉，原内容已删除

2021-04-24

Like and comment pls... Thanks

抱歉，原内容已删除

2021-06-11

It's a sign...

China's Nio Faces Battle Royale After Return From Brink of Ruin

2021-05-25

Slowly but surely

抱歉，原内容已删除

2021-05-12

I still prefer apple

Here's why this trader is shorting Apple stock and buying gold

2021-05-10

Definitely a good entry price

Opinion: Should you buy Nio stock? The company may be light on profits, but it’s heavy on momentum

2021-05-08

Are we seeing a good week?

抱歉，原内容已删除

2021-06-14

Palantir for sure

Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?

2021-05-30

Go get a job and move the economy

抱歉，原内容已删除

2021-05-23

2 secs....

Tesla’s New Plaid Model Is Ready. That Should Help the Stock.

2021-05-05

Like and comment pls

Why Amazon and Alphabet may need to split their high-priced stocks

2021-05-03

Like and comment pls

Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals

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surge in inflation is making him nervous and warned that accelerating pricing pressures could compel the Federal Reserve to raise interest rates at a faster clip than currently anticipated, which could deliver a correction to equity benchmarks.</p>\n<p>The Wharton professorcredited with calling Dow 20,000&nbsp;in 2015 told CNBC during a Wednesday interview that he is “nervous about the trends I see in inflation currently.”</p>\n<p>The academic’s comments came as Federal Reserve Chairman Jerome Powell on Wednesday said a bout of high U.S. inflation could be prolonged into early next year because parts and material shortages might be getting worse.</p>\n<p>Parts of the financial market are undergoing big price surges, including natural-gas futuresNG00,+1.81%,whichsurged 11% on Monday,reaching levels not seen since 2014 amid tight U.S. supplies and strengthening demand across the globe.</p>\n<p><b>Read:</b>Inflation in the U.S. is running at the highest level in 30 years</p>\n<p><b>Also:</b>Fed’s Williams predicts the high rate of inflation will cool to 2% in 2022</p>\n<p>“It’s frustrating to see the supply-chain problems not getting better, in fact they are probably getting worse,” Powell said during a virtual forum with other central bank leaders, including those from the European Central Bank. “It’s very difficult to say how big the effects will be in the meantime and how long they will last.”</p>\n<p>The rate of inflation in the U.S., using the Fed’s preferred personal-consumption expenditures price index, rose at a 4.2% pace in the 12 months ended in July. That is the fastest increase in 30 years. Inflation is running even hotter based on the better-known consumer-price index, a measure of the average prices paid by consumers for a common basket of goods and services that serves as a barometer of economic health.</p>\n<p>Powell and others at the Fed have contended for months that the surge in inflation was “transitory.”</p>\n<p>However, that view is starting to shift and investors are starting to factor in more persistent inflation than previously thought,analysts say.</p>\n<p>Siegel said the anticipated timeline that the Fed will start tapering in November and end it the middle of 2022, with an eye toward starting to raise interest rates sometime next year, is a fair timetable, but he but fears that the surge in inflation could hasten moves, which would drive yields higher and stocks lower.</p>\n<p>On Wednesday, the S&amp;P 500 indexSPX,-1.19%ended higher but was still down 3.9% from its Sept. 2 record close, and the Dow Jones Industrial AverageDJIA,-1.59%was off 3.5% from its Aug. 16 record high, following marginal gains on the session. The technology-laden Nasdaq Composite IndexCOMP,-0.44%is down 5.6% from its Sept. 7 closing peak after finishing lower on Wednesday.</p>\n<p>A correction in an asset is usually defined by market technicians as a fall of at least 10%, but no more than 20%, from a recent peak.</p>\n<p>Meanwhile, the benchmark 10-year Treasury noteTMUBMUSD10Y,1.504%,used to price everything from car loans to mortgages, yielded 1.54%, up from 1.534% on Tuesday. The note is up nearly 10 basis points so far this quarter and up 23.7 basis points in September alone, according data compiled by Dow Jones Market Data.</p>","source":"market_watch","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>Professor who called Dow 20,000 says he’s nervous about trends in inflation that could spark a stock-market correction</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\">\nProfessor who called Dow 20,000 says he’s nervous about trends in inflation that could spark a stock-market correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-01 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/professor-who-called-dow-20-000-says-hes-nervous-about-trends-in-inflation-that-could-spark-a-stock-market-correction-11632949212?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday said that a fresh surge in inflation is making him nervous and warned that accelerating...</p>\n\n<a href=\"https://www.marketwatch.com/story/professor-who-called-dow-20-000-says-hes-nervous-about-trends-in-inflation-that-could-spark-a-stock-market-correction-11632949212?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/professor-who-called-dow-20-000-says-hes-nervous-about-trends-in-inflation-that-could-spark-a-stock-market-correction-11632949212?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1124647688","content_text":"Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday said that a fresh surge in inflation is making him nervous and warned that accelerating pricing pressures could compel the Federal Reserve to raise interest rates at a faster clip than currently anticipated, which could deliver a correction to equity benchmarks.\nThe Wharton professorcredited with calling Dow 20,000 in 2015 told CNBC during a Wednesday interview that he is “nervous about the trends I see in inflation currently.”\nThe academic’s comments came as Federal Reserve Chairman Jerome Powell on Wednesday said a bout of high U.S. inflation could be prolonged into early next year because parts and material shortages might be getting worse.\nParts of the financial market are undergoing big price surges, including natural-gas futuresNG00,+1.81%,whichsurged 11% on Monday,reaching levels not seen since 2014 amid tight U.S. supplies and strengthening demand across the globe.\nRead:Inflation in the U.S. is running at the highest level in 30 years\nAlso:Fed’s Williams predicts the high rate of inflation will cool to 2% in 2022\n“It’s frustrating to see the supply-chain problems not getting better, in fact they are probably getting worse,” Powell said during a virtual forum with other central bank leaders, including those from the European Central Bank. “It’s very difficult to say how big the effects will be in the meantime and how long they will last.”\nThe rate of inflation in the U.S., using the Fed’s preferred personal-consumption expenditures price index, rose at a 4.2% pace in the 12 months ended in July. That is the fastest increase in 30 years. Inflation is running even hotter based on the better-known consumer-price index, a measure of the average prices paid by consumers for a common basket of goods and services that serves as a barometer of economic health.\nPowell and others at the Fed have contended for months that the surge in inflation was “transitory.”\nHowever, that view is starting to shift and investors are starting to factor in more persistent inflation than previously thought,analysts say.\nSiegel said the anticipated timeline that the Fed will start tapering in November and end it the middle of 2022, with an eye toward starting to raise interest rates sometime next year, is a fair timetable, but he but fears that the surge in inflation could hasten moves, which would drive yields higher and stocks lower.\nOn Wednesday, the S&P 500 indexSPX,-1.19%ended higher but was still down 3.9% from its Sept. 2 record close, and the Dow Jones Industrial AverageDJIA,-1.59%was off 3.5% from its Aug. 16 record high, following marginal gains on the session. The technology-laden Nasdaq Composite IndexCOMP,-0.44%is down 5.6% from its Sept. 7 closing peak after finishing lower on Wednesday.\nA correction in an asset is usually defined by market technicians as a fall of at least 10%, but no more than 20%, from a recent peak.\nMeanwhile, the benchmark 10-year Treasury noteTMUBMUSD10Y,1.504%,used to price everything from car loans to mortgages, yielded 1.54%, up from 1.534% on Tuesday. The note is up nearly 10 basis points so far this quarter and up 23.7 basis points in September alone, according data compiled by Dow Jones Market Data.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177263140,"gmtCreate":1627224836080,"gmtModify":1633767055927,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Don't think so","listText":"Don't think so","text":"Don't think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177263140","repostId":"1115106146","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172068127,"gmtCreate":1626921388469,"gmtModify":1633769706084,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Smart mive","listText":"Smart mive","text":"Smart mive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172068127","repostId":"1160859146","repostType":4,"repost":{"id":"1160859146","kind":"news","pubTimestamp":1626920814,"share":"https://ttm.financial/m/news/1160859146?lang=&edition=full","pubTime":"2021-07-22 10:26","market":"us","language":"en","title":"Prudential to Sell Its Retirement Division to Great-West for $3.55 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1160859146","media":"Bloomberg","summary":"(Bloomberg) -- Prudential Financial Inc. said it would sell its full-service retirement business to ","content":"<p>(Bloomberg) -- Prudential Financial Inc. said it would sell its full-service retirement business to a unit of Canada’s Great-West Lifeco Inc. for $3.55 billion as the life insurer continues implementing Chief Executive Officer Charles Lowrey’s three-year transformation plan.</p>\n<p>The business will be purchased by Great-West’s Greenwood Village, Colorado-based Empower Retirement division. Prudential expects total proceeds of about $2.8 billion from the sale, which is expected to close in the first quarter of next year, the companies said in a statement. It will boost Empower’s customer base by about 4 million people to 16.6 million participants.</p>\n<p>Lowrey is working to transform Prudential’s business through deals, cost savings and share buybacks, including selling off interest-rate sensitive businesses and making acquisitions in growth markets. Prudential will continue participating in the retirement market, serving retirees, employers and those collecting on annuities, through businesses including its individual-annuities unit and PGIM, Prudential’s asset manager.</p>\n<p>“Today’s announcement is a significant milestone in Prudential’s transformation and the execution of our strategy to become a higher growth, less market sensitive, more nimble business,” Lowrey said in the statement.</p>\n<p>Prudential, based in Newark, New Jersey, said it will use proceeds from the transaction for general corporate purposes. It now plans to increase capital returned to shareholders by 2023 to $11 billion from the $10.5 billion announced in May, and will reduce financial leverage.</p>\n<p>Bloomberg News reported earlier this year that Prudential was exploring a sale of its retirement business. The deal comes as insurers part with retirement-related assets to focus on core operations. Great-West agreed last year to buy Massachusetts Mutual Life Insurance Co.’s retirement-services arm for $3.4 billion.</p>\n<p>“Empower’s acquisition of Prudential’s full-service retirement business will add significant scale and capabilities, further solidifying its leadership position in the world’s largest retirement market,” Great-West CEO Paul Mahon said in a separate statement.</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>Prudential to Sell Its Retirement Division to Great-West for $3.55 Billion</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\">\nPrudential to Sell Its Retirement Division to Great-West for $3.55 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/prudential-sell-retirement-division-great-132237534.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Prudential Financial Inc. said it would sell its full-service retirement business to a unit of Canada’s Great-West Lifeco Inc. for $3.55 billion as the life insurer continues ...</p>\n\n<a href=\"https://finance.yahoo.com/news/prudential-sell-retirement-division-great-132237534.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFH":"Prudential Financial Inc"},"source_url":"https://finance.yahoo.com/news/prudential-sell-retirement-division-great-132237534.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160859146","content_text":"(Bloomberg) -- Prudential Financial Inc. said it would sell its full-service retirement business to a unit of Canada’s Great-West Lifeco Inc. for $3.55 billion as the life insurer continues implementing Chief Executive Officer Charles Lowrey’s three-year transformation plan.\nThe business will be purchased by Great-West’s Greenwood Village, Colorado-based Empower Retirement division. Prudential expects total proceeds of about $2.8 billion from the sale, which is expected to close in the first quarter of next year, the companies said in a statement. It will boost Empower’s customer base by about 4 million people to 16.6 million participants.\nLowrey is working to transform Prudential’s business through deals, cost savings and share buybacks, including selling off interest-rate sensitive businesses and making acquisitions in growth markets. Prudential will continue participating in the retirement market, serving retirees, employers and those collecting on annuities, through businesses including its individual-annuities unit and PGIM, Prudential’s asset manager.\n“Today’s announcement is a significant milestone in Prudential’s transformation and the execution of our strategy to become a higher growth, less market sensitive, more nimble business,” Lowrey said in the statement.\nPrudential, based in Newark, New Jersey, said it will use proceeds from the transaction for general corporate purposes. It now plans to increase capital returned to shareholders by 2023 to $11 billion from the $10.5 billion announced in May, and will reduce financial leverage.\nBloomberg News reported earlier this year that Prudential was exploring a sale of its retirement business. The deal comes as insurers part with retirement-related assets to focus on core operations. Great-West agreed last year to buy Massachusetts Mutual Life Insurance Co.’s retirement-services arm for $3.4 billion.\n“Empower’s acquisition of Prudential’s full-service retirement business will add significant scale and capabilities, further solidifying its leadership position in the world’s largest retirement market,” Great-West CEO Paul Mahon said in a separate statement.","news_type":1,"symbols_score_info":{"PFH":0.9}},"isVote":1,"tweetType":1,"viewCount":1417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149189275,"gmtCreate":1625709233097,"gmtModify":1633938134040,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"You're di-ed","listText":"You're di-ed","text":"You're di-ed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/149189275","repostId":"2149314868","repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=full","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","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>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</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\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"K3SD.SI":"u BIDU ADR US$+","JPM":"摩根大通","BIDU":"百度","GS":"高盛","CAAS":"中汽系统","BABA":"阿里巴巴","MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1,"symbols_score_info":{"BABA":0.9,"BIDU":0.9,"CAAS":0.9,"GS":0.6,"JPM":0.6,"K3SD.SI":0.6,"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":1637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140996425,"gmtCreate":1625622301767,"gmtModify":1633938979989,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"It's gonna be a very successful EV&nbsp;maker with auto pilot.&nbsp;","listText":"It's gonna be a very successful EV&nbsp;maker with auto pilot.&nbsp;","text":"It's gonna be a very successful EV maker with auto pilot.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/140996425","repostId":"1171645479","repostType":4,"repost":{"id":"1171645479","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625619855,"share":"https://ttm.financial/m/news/1171645479?lang=&edition=full","pubTime":"2021-07-07 09:04","market":"us","language":"en","title":"Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=1171645479","media":"Tiger Newspress","summary":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday a","content":"<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</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>Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong</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 Maker Xpeng surged 1.8% on its first day of trading in Hong Kong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-07 09:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171645479","content_text":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.\nThe Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.\nLed by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in China.\nIt sells mainly in China, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).\nThe electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.\nXpeng chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.\nThe dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.\nAfter the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.\nThe Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.\nXpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.\nWith the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.\nJPMorgan Chase & Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.","news_type":1,"symbols_score_info":{"09868":0.9,"NWY":0.9,"NYRT":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164842056,"gmtCreate":1624195762075,"gmtModify":1634009600992,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"After readiñg this article, I kind of agree but scroll down 2 article and&nbsp;it says a&nbsp;market crash is coming and I also agree to it. So are we in a neutral now","listText":"After readiñg this article, I kind of agree but scroll down 2 article and&nbsp;it says a&nbsp;market crash is coming and I also agree to it. So are we in a neutral now","text":"After readiñg this article, I kind of agree but scroll down 2 article and it says a market crash is coming and I also agree to it. So are we in a neutral now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/164842056","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":1209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164857695,"gmtCreate":1624195290417,"gmtModify":1634009605204,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"I can't agree that twilio is a risky stock","listText":"I can't agree that twilio is a risky stock","text":"I can't agree that twilio is a risky stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/164857695","repostId":"1183124175","repostType":4,"repost":{"id":"1183124175","kind":"news","pubTimestamp":1624151620,"share":"https://ttm.financial/m/news/1183124175?lang=&edition=full","pubTime":"2021-06-20 09:13","market":"us","language":"en","title":"Beware these risky tech stocks in your portfolio, strategist Parker warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1183124175","media":"cnbc","summary":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.Growth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.Adam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a f","content":"<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.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>Beware these risky tech stocks in your portfolio, strategist Parker warns</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\">\nBeware these risky tech stocks in your portfolio, strategist Parker warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCHP":"微芯科技","TWLO":"Twilio Inc","AAPL":"苹果","NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1183124175","content_text":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.\nAdam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a few.\n“We think that portfolio managers should be buying growth stocks again, focusing on positive free cash flow and margin expansion, not earnings-based valuation,” Parker said in a note released Wednesday.\nTrivariate Research used a number of criteria to identify risky stocks, including low or negative correlation to inflation, high correlation to the economic reopening and high levels of company insiders selling their shares. The research firm then identified the eight riskiest names based on those measures.\n“Our view is that these are among the riskiest stocks to own today, so investors who own these names should have disproportionate upside to their base cases to compensate them for these risks,” Parker said.\nTake a look at five of the riskiest technology stocks, according to Trivariate.\nRISKIEST TECH STOCKS, ACCORDING TO TRIVARIATE\n\n\n\nTICKER\nCOMPANY\nPRICE\n%CHANGE\n\n\n\n\nMCHP\nMicrochip Technology Inc\n145.62\n-3.0686\n\n\nTWLO\nTwilio Inc\n367.61\n1.84\n\n\nSQ\nSquare Inc\n237.05\n0.39\n\n\nNVDA\nNVIDIA Corp\n745.55\n-0.0992\n\n\nAAPL\nApple Inc\n130.46\n-1.0092\n\n\n\nApple is on Trivariate’s list of riskiest stocks. The research firm identifies Apple as one of the stocks with the most negative correlation to inflation. Trivariate predicts that if bond yields rise or if fears of inflation continue, shares of Apple will underperform the market.\nNvidiaalso makes the list of risky tech stocks. Trivariate found the semiconductor stock has one of the most asymmetric beta — meaning the stock is consistently more volatile than the broader market during a market pullback compared with typical times.\nTrivariate also named payments companySquare, cloud communications platformTwilioand semiconductor manufacturerMicrochip Technologyamong the riskiest technology stocks.","news_type":1,"symbols_score_info":{"AAPL":0.9,"MCHP":0.9,"NVDA":0.9,"SQ":0.9,"TWLO":0.9}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163759992,"gmtCreate":1623894287916,"gmtModify":1634026260475,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Most company are older than me if not as old as me","listText":"Most company are older than me if not as old as me","text":"Most company are older than me if not as old as me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/163759992","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","kind":"highlight","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=full","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY)&nbsp;for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b>&nbsp;and <b>XPeng</b>&nbsp;delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</p>","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>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","DVA":"达维塔保健","AAPL":"苹果","KHC":"卡夫亨氏","BAC":"美国银行","MCO":"穆迪","BRK.B":"伯克希尔B","KO":"可口可乐","BYDDY":"比亚迪ADR","AXP":"美国运通","VZ":"Verizon Comms","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1,"symbols_score_info":{"AAPL":0.9,"AXP":0.9,"BAC":0.9,"BRK.A":0.9,"BRK.B":0.9,"BYDDY":0.9,"DVA":0.9,"KHC":0.9,"KO":0.9,"MCO":0.9,"USB":0.9,"VZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184410588,"gmtCreate":1623721267344,"gmtModify":1634029597745,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/184410588","repostId":"2143733744","repostType":4,"repost":{"id":"2143733744","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623717601,"share":"https://ttm.financial/m/news/2143733744?lang=&edition=full","pubTime":"2021-06-15 08:40","market":"us","language":"en","title":"Disney CEO says 40% of upfront ad sales went to streaming or digital","url":"https://stock-news.laohu8.com/highlight/detail?id=2143733744","media":"Reuters","summary":"LOS ANGELES, June 14 (Reuters) - Walt Disney Co's advertising revenue for the upcoming fall televisi","content":"<p>LOS ANGELES, June 14 (Reuters) - Walt Disney Co's advertising revenue for the upcoming fall television season rose by \"double-digits\" from the levels of 2019 before the global pandemic, Chief Executive Bob Chapek said on Monday.</p>\n<p>About 40% of sales during the \"upfront\" sales period went to streaming or digital ads, Chapek said at Credit Suisse's virtual Communications Conference.</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>Disney CEO says 40% of upfront ad sales went to streaming or digital</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 CEO says 40% of upfront ad sales went to streaming or digital\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\">2021-06-15 08:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LOS ANGELES, June 14 (Reuters) - Walt Disney Co's advertising revenue for the upcoming fall television season rose by \"double-digits\" from the levels of 2019 before the global pandemic, Chief Executive Bob Chapek said on Monday.</p>\n<p>About 40% of sales during the \"upfront\" sales period went to streaming or digital ads, Chapek said at Credit Suisse's virtual Communications Conference.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143733744","content_text":"LOS ANGELES, June 14 (Reuters) - Walt Disney Co's advertising revenue for the upcoming fall television season rose by \"double-digits\" from the levels of 2019 before the global pandemic, Chief Executive Bob Chapek said on Monday.\nAbout 40% of sales during the \"upfront\" sales period went to streaming or digital ads, Chapek said at Credit Suisse's virtual Communications Conference.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":1033,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184491945,"gmtCreate":1623720715687,"gmtModify":1634029610542,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Sell house to buy coins","listText":"Sell house to buy coins","text":"Sell house to buy coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184491945","repostId":"1177842249","repostType":4,"repost":{"id":"1177842249","kind":"news","pubTimestamp":1623711268,"share":"https://ttm.financial/m/news/1177842249?lang=&edition=full","pubTime":"2021-06-15 06:54","market":"us","language":"en","title":"Elon Musk Says He’s Putting Last Remaining House on the Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1177842249","media":"Bloomberg","summary":"Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billion","content":"<ul>\n <li>Tesla CEO announced plans to sell off possessions last year</li>\n <li>ProPublica reported last week on billionaires’ tax returns</li>\n</ul>\n<p>Tesla Inc.’s Elon Musk&nbsp;tweeted&nbsp;that he’s decided to sell the last of the homes he owns a week after a report said he and other billionaires paid little or no income taxes for several years.</p>\n<p><img src=\"https://static.tigerbbs.com/7f08ae440e7801cd874f9d154c871980\" tg-width=\"835\" tg-height=\"346\"></p>\n<p>The electric-car maker’s chief executive officertweetedearlier this month that he only has one house in the San Francisco Bay area that is rented out for events, and that if he sold, it “would see less use, unless bought by a big family, which might happen some day.”</p>\n<p>Musk, 49, first announced plans more than a year ago to sell his homes and&nbsp;most of his possessions&nbsp;as a way to&nbsp;blunt criticism&nbsp;of his wealth. Within days, he put two of his California properties&nbsp;on the market.</p>\n<p>Last week, ProPublica reported that Musk,Amazon.com Inc.&nbsp;CEO Jeff Bezos and&nbsp;Berkshire Hathaway Inc.&nbsp;Chairman Warren Buffett have paid&nbsp;little income tax&nbsp;relative to their outsize wealth, citing a trove of Internal Revenue Service data on tax returns for thousands of the wealthiest Americans. Musk paid no federal income taxes in 2018 and less than $70,000 in 2015 and 2017, according to the report.</p>\n<p>An IRS official&nbsp;said&nbsp;last week that the disclosure of the data for billionaires including Bloomberg LP founder Michael Bloomberg, the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, has been referred to Federal Bureau of Investigation investigators.</p>\n<p>After the ProPublica report, Musk tweeted that he will keep paying income taxes in California in proportion with his time in the state, which he said will be significant. He&nbsp;moved to Texas&nbsp;last year and said he now rents a roughly $50,000 house in Boca Chica from Space Exploration Technologies Corp., which has a launch site in the area.</p>\n<p><img src=\"https://static.tigerbbs.com/dc5e62253e47e4df34d41ca3d9fcd473\" tg-width=\"836\" tg-height=\"527\"></p>","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>Elon Musk Says He’s Putting Last Remaining House on the 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; 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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\">\nElon Musk Says He’s Putting Last Remaining House on the Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 06:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billionaires’ tax returns\n\nTesla Inc.’s Elon Musk tweeted that he’s decided to sell the last of the homes ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177842249","content_text":"Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billionaires’ tax returns\n\nTesla Inc.’s Elon Musk tweeted that he’s decided to sell the last of the homes he owns a week after a report said he and other billionaires paid little or no income taxes for several years.\n\nThe electric-car maker’s chief executive officertweetedearlier this month that he only has one house in the San Francisco Bay area that is rented out for events, and that if he sold, it “would see less use, unless bought by a big family, which might happen some day.”\nMusk, 49, first announced plans more than a year ago to sell his homes and most of his possessions as a way to blunt criticism of his wealth. Within days, he put two of his California properties on the market.\nLast week, ProPublica reported that Musk,Amazon.com Inc. CEO Jeff Bezos and Berkshire Hathaway Inc. Chairman Warren Buffett have paid little income tax relative to their outsize wealth, citing a trove of Internal Revenue Service data on tax returns for thousands of the wealthiest Americans. Musk paid no federal income taxes in 2018 and less than $70,000 in 2015 and 2017, according to the report.\nAn IRS official said last week that the disclosure of the data for billionaires including Bloomberg LP founder Michael Bloomberg, the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, has been referred to Federal Bureau of Investigation investigators.\nAfter the ProPublica report, Musk tweeted that he will keep paying income taxes in California in proportion with his time in the state, which he said will be significant. He moved to Texas last year and said he now rents a roughly $50,000 house in Boca Chica from Space Exploration Technologies Corp., which has a launch site in the area.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184574070,"gmtCreate":1623720285090,"gmtModify":1634029622428,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Sell house to buy coins?","listText":"Sell house to buy coins?","text":"Sell house to buy coins?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184574070","repostId":"1177842249","repostType":4,"repost":{"id":"1177842249","kind":"news","pubTimestamp":1623711268,"share":"https://ttm.financial/m/news/1177842249?lang=&edition=full","pubTime":"2021-06-15 06:54","market":"us","language":"en","title":"Elon Musk Says He’s Putting Last Remaining House on the Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1177842249","media":"Bloomberg","summary":"Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billion","content":"<ul>\n <li>Tesla CEO announced plans to sell off possessions last year</li>\n <li>ProPublica reported last week on billionaires’ tax returns</li>\n</ul>\n<p>Tesla Inc.’s Elon Musk&nbsp;tweeted&nbsp;that he’s decided to sell the last of the homes he owns a week after a report said he and other billionaires paid little or no income taxes for several years.</p>\n<p><img src=\"https://static.tigerbbs.com/7f08ae440e7801cd874f9d154c871980\" tg-width=\"835\" tg-height=\"346\"></p>\n<p>The electric-car maker’s chief executive officertweetedearlier this month that he only has one house in the San Francisco Bay area that is rented out for events, and that if he sold, it “would see less use, unless bought by a big family, which might happen some day.”</p>\n<p>Musk, 49, first announced plans more than a year ago to sell his homes and&nbsp;most of his possessions&nbsp;as a way to&nbsp;blunt criticism&nbsp;of his wealth. Within days, he put two of his California properties&nbsp;on the market.</p>\n<p>Last week, ProPublica reported that Musk,Amazon.com Inc.&nbsp;CEO Jeff Bezos and&nbsp;Berkshire Hathaway Inc.&nbsp;Chairman Warren Buffett have paid&nbsp;little income tax&nbsp;relative to their outsize wealth, citing a trove of Internal Revenue Service data on tax returns for thousands of the wealthiest Americans. Musk paid no federal income taxes in 2018 and less than $70,000 in 2015 and 2017, according to the report.</p>\n<p>An IRS official&nbsp;said&nbsp;last week that the disclosure of the data for billionaires including Bloomberg LP founder Michael Bloomberg, the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, has been referred to Federal Bureau of Investigation investigators.</p>\n<p>After the ProPublica report, Musk tweeted that he will keep paying income taxes in California in proportion with his time in the state, which he said will be significant. He&nbsp;moved to Texas&nbsp;last year and said he now rents a roughly $50,000 house in Boca Chica from Space Exploration Technologies Corp., which has a launch site in the area.</p>\n<p><img src=\"https://static.tigerbbs.com/dc5e62253e47e4df34d41ca3d9fcd473\" tg-width=\"836\" tg-height=\"527\"></p>","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>Elon Musk Says He’s Putting Last Remaining House on the 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; 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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\">\nElon Musk Says He’s Putting Last Remaining House on the Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 06:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billionaires’ tax returns\n\nTesla Inc.’s Elon Musk tweeted that he’s decided to sell the last of the homes ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-14/elon-musk-says-he-s-putting-last-remaining-house-on-the-market?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177842249","content_text":"Tesla CEO announced plans to sell off possessions last year\nProPublica reported last week on billionaires’ tax returns\n\nTesla Inc.’s Elon Musk tweeted that he’s decided to sell the last of the homes he owns a week after a report said he and other billionaires paid little or no income taxes for several years.\n\nThe electric-car maker’s chief executive officertweetedearlier this month that he only has one house in the San Francisco Bay area that is rented out for events, and that if he sold, it “would see less use, unless bought by a big family, which might happen some day.”\nMusk, 49, first announced plans more than a year ago to sell his homes and most of his possessions as a way to blunt criticism of his wealth. Within days, he put two of his California properties on the market.\nLast week, ProPublica reported that Musk,Amazon.com Inc. CEO Jeff Bezos and Berkshire Hathaway Inc. Chairman Warren Buffett have paid little income tax relative to their outsize wealth, citing a trove of Internal Revenue Service data on tax returns for thousands of the wealthiest Americans. Musk paid no federal income taxes in 2018 and less than $70,000 in 2015 and 2017, according to the report.\nAn IRS official said last week that the disclosure of the data for billionaires including Bloomberg LP founder Michael Bloomberg, the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, has been referred to Federal Bureau of Investigation investigators.\nAfter the ProPublica report, Musk tweeted that he will keep paying income taxes in California in proportion with his time in the state, which he said will be significant. He moved to Texas last year and said he now rents a roughly $50,000 house in Boca Chica from Space Exploration Technologies Corp., which has a launch site in the area.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185861404,"gmtCreate":1623641591908,"gmtModify":1634030764913,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Palantir for sure","listText":"Palantir for sure","text":"Palantir for sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185861404","repostId":"1180874867","repostType":4,"repost":{"id":"1180874867","kind":"news","pubTimestamp":1623635718,"share":"https://ttm.financial/m/news/1180874867?lang=&edition=full","pubTime":"2021-06-14 09:55","market":"us","language":"en","title":"Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1180874867","media":"Motley Fool","summary":"One is controversial; the other is exposed to more macro headwinds.","content":"<p><b>Palantir</b>&nbsp;(NYSE:PLTR)&nbsp;and&nbsp;<b>C3.ai</b>&nbsp;(NYSE:AI)&nbsp;both help organizations and companies crunch data with AI-powered tools.</p>\n<p>Palantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.</p>\n<p>C3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like&nbsp;<b>Baker Hughes</b>&nbsp;and&nbsp;<b>ENGIE</b>.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0f7a2339e0b8de3ba56318f8cab73d4\" tg-width=\"2000\" tg-height=\"1076\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>Palantir -- which went public via a&nbsp;direct listing&nbsp;last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.</p>\n<p>Both stocks have underperformed the S&amp;P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the&nbsp;booming AI market?</p>\n<p><b>The differences between Palantir and C3.ai</b></p>\n<p>Palantir, which is named after the all-seeing orbs from<i>The Lord of the Ring</i>s, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.</p>\n<p>Palantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.</p>\n<p>C3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.</p>\n<p>C3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.</p>\n<p><b>How fast is Palantir growing?</b></p>\n<p>Palantir's revenue increased 47% to $1.1 billion&nbsp;in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.</p>\n<p>It expanded its government contracts with the FDA, U.S. Army, and&nbsp;U.S. Air Force, and its commercial business attracted big customers including&nbsp;<b>Rio Tinto</b>,<b>PG&amp;E</b>, and&nbsp;<b>BP</b>. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.</p>\n<p>In the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its&nbsp;adjusted EBITDA&nbsp;turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.</p>\n<p>Wall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.</p>\n<p><b>How fast is C3.ai growing?</b></p>\n<p>C3.ai's revenue rose 17% to $183.2 million in&nbsp;fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.</p>\n<p>Its average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like&nbsp;<b>3M</b>,<b>Consolidated Edison</b>,<b>Shell</b>, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.</p>\n<p>C3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.</p>\n<p><b>The valuations and verdict</b></p>\n<p>Palantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as&nbsp;investors rotate&nbsp;from growth to value stocks.</p>\n<p>That said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.</p>\n<p>Therefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.</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>Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?</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\">\nPalantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir (NYSE:PLTR) and C3.ai (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.\nPalantir, which generates more than half its revenue from government contracts, wants ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","AI":"C3.ai, Inc."},"source_url":"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180874867","content_text":"Palantir (NYSE:PLTR) and C3.ai (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.\nPalantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.\nC3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like Baker Hughes and ENGIE.\nIMAGE SOURCE: GETTY IMAGES.\nPalantir -- which went public via a direct listing last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.\nBoth stocks have underperformed the S&P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the booming AI market?\nThe differences between Palantir and C3.ai\nPalantir, which is named after the all-seeing orbs fromThe Lord of the Rings, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.\nPalantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.\nC3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.\nC3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.\nHow fast is Palantir growing?\nPalantir's revenue increased 47% to $1.1 billion in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.\nIt expanded its government contracts with the FDA, U.S. Army, and U.S. Air Force, and its commercial business attracted big customers including Rio Tinto,PG&E, and BP. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.\nIn the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its adjusted EBITDA turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.\nWall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.\nHow fast is C3.ai growing?\nC3.ai's revenue rose 17% to $183.2 million in fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.\nIts average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like 3M,Consolidated Edison,Shell, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.\nC3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.\nThe valuations and verdict\nPalantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as investors rotate from growth to value stocks.\nThat said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.\nTherefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.","news_type":1,"symbols_score_info":{"AI":0.9,"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182697249,"gmtCreate":1623567066681,"gmtModify":1634031569104,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"1 more year?","listText":"1 more year?","text":"1 more year?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/182697249","repostId":"1189143522","repostType":4,"repost":{"id":"1189143522","kind":"news","pubTimestamp":1623513679,"share":"https://ttm.financial/m/news/1189143522?lang=&edition=full","pubTime":"2021-06-13 00:01","market":"us","language":"en","title":"Snowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189143522","media":"Barron's","summary":"Snowflake remains one of the best growth stories in the history of the software business, and that h","content":"<p>Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.</p>\n<p>In meeting with analysts on Thursday,the cloud-data software company provided an ambitious goalof reaching $10 billion in product revenue in the January 2029 fiscal year. That compares to $554 million forthe January 2021 fiscal year.</p>\n<p>Snowflake (ticker: SNOW) should still be growing 30% at the top-line at that point, according to chief financial officer Mike Scarpelli, while generating 10% operating margins and free cash flow margins of 15% or better. He also said the company now sees a total addressable market of $90 billion, an expansion of more than 10% from the $81 billion estimated market size cited during its IPO roadshow in 2020.</p>\n<p>The long-term growth goals help frame the huge opportunity that Snowflake has ahead, but did nothing to change the fundamental debate about the stock: Does the impressive growth rate—120% in product revenue in the latest year— justify the massive valuation? In afternoon trading Friday, shares were off 4.4%, to $237.84.</p>\n<p>Canaccord Genuity analyst David Hynes notes that if Snowflake hits its $10 billion target, it would be the fastest that a software company has reached that size. Hynes adds that the history of the management team, led by CEO Frank Slootman, suggests Snowflake could reach its target early.</p>\n<p>But Hynes nonetheless is sticking with his Hold rating and $240 target price. “There’s no doubt that this is an exceptional business, but in our view, the stock’s current valuation”—about 47 times estimated calendar 2022 revenues—“fully reflects it.” He adds that as estimates move higher and the stock grinds sideways, he’s “getting closer to an upgrade,” but isn’t there yet. “We’re content to wait for more of the excess to burn off.”</p>\n<p>Likewise, Morgan Stanley analyst Keith Weiss writes in a research note that given the 120% product growth in fiscal 2021, the $10 billion target might be conservative. He adds that “the harder part of the equation may be justifying the valuation based on these targets.” Weiss says the model that Snowflake laid out implies $1.6 billion in free cash flow in fiscal 2029, which values the stock at 51 times free cash flow 8 years out. “While very impressed by the market opportunity …and Snowflake’s opportunity,” he says valuation keeps him on the sidelines. Weiss repeats his Equal Weigh rating and $270 price target.</p>","source":"lsy1610680873436","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>Snowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.</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\">\nSnowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 00:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/snowflake-is-a-growth-juggernaut-wall-street-is-thinking-about-stock-value-51623432689?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.\nIn meeting with analysts on Thursday,the cloud-...</p>\n\n<a href=\"https://www.barrons.com/articles/snowflake-is-a-growth-juggernaut-wall-street-is-thinking-about-stock-value-51623432689?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://www.barrons.com/articles/snowflake-is-a-growth-juggernaut-wall-street-is-thinking-about-stock-value-51623432689?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189143522","content_text":"Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.\nIn meeting with analysts on Thursday,the cloud-data software company provided an ambitious goalof reaching $10 billion in product revenue in the January 2029 fiscal year. That compares to $554 million forthe January 2021 fiscal year.\nSnowflake (ticker: SNOW) should still be growing 30% at the top-line at that point, according to chief financial officer Mike Scarpelli, while generating 10% operating margins and free cash flow margins of 15% or better. He also said the company now sees a total addressable market of $90 billion, an expansion of more than 10% from the $81 billion estimated market size cited during its IPO roadshow in 2020.\nThe long-term growth goals help frame the huge opportunity that Snowflake has ahead, but did nothing to change the fundamental debate about the stock: Does the impressive growth rate—120% in product revenue in the latest year— justify the massive valuation? In afternoon trading Friday, shares were off 4.4%, to $237.84.\nCanaccord Genuity analyst David Hynes notes that if Snowflake hits its $10 billion target, it would be the fastest that a software company has reached that size. Hynes adds that the history of the management team, led by CEO Frank Slootman, suggests Snowflake could reach its target early.\nBut Hynes nonetheless is sticking with his Hold rating and $240 target price. “There’s no doubt that this is an exceptional business, but in our view, the stock’s current valuation”—about 47 times estimated calendar 2022 revenues—“fully reflects it.” He adds that as estimates move higher and the stock grinds sideways, he’s “getting closer to an upgrade,” but isn’t there yet. “We’re content to wait for more of the excess to burn off.”\nLikewise, Morgan Stanley analyst Keith Weiss writes in a research note that given the 120% product growth in fiscal 2021, the $10 billion target might be conservative. He adds that “the harder part of the equation may be justifying the valuation based on these targets.” Weiss says the model that Snowflake laid out implies $1.6 billion in free cash flow in fiscal 2029, which values the stock at 51 times free cash flow 8 years out. “While very impressed by the market opportunity …and Snowflake’s opportunity,” he says valuation keeps him on the sidelines. Weiss repeats his Equal Weigh rating and $270 price target.","news_type":1,"symbols_score_info":{"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186663949,"gmtCreate":1623492846181,"gmtModify":1634032391569,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"I'm just a spectator","listText":"I'm just a spectator","text":"I'm just a spectator","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/186663949","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://ttm.financial/m/news/1147474880?lang=&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<blockquote>\n Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n</blockquote>\n<p>I’ve had it.</p>\n<p>The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p>\n<p>If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p>\n<p>Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p>\n<p>You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p>\n<p>Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p>\n<p>An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p>\n<p>The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p>\n<p>Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p>\n<p>He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p>\n<p>“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p>\n<p>Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p>\n<p>In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p>\n<p>However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p>\n<p>Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p>\n<p>If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p>\n<p>Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p>\n<p>I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p>\n<p>“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p>\n<p>I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p>\n<p>Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p>\n<p>Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p>\n<p>In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p>\n<p>The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p>\n<p>PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p>\n<p>Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p>\n<p>In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</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>Investor, Trader, Speculator: Which One Are You?</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\">\nInvestor, Trader, Speculator: Which One Are You?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of ...</p>\n\n<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">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.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181378196,"gmtCreate":1623376209415,"gmtModify":1634034020368,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"It's a sign...","listText":"It's a sign...","text":"It's a sign...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181378196","repostId":"2142220719","repostType":4,"repost":{"id":"2142220719","kind":"news","pubTimestamp":1623375318,"share":"https://ttm.financial/m/news/2142220719?lang=&edition=full","pubTime":"2021-06-11 09:35","market":"us","language":"en","title":"China's Nio Faces Battle Royale After Return From Brink of Ruin","url":"https://stock-news.laohu8.com/highlight/detail?id=2142220719","media":"Bloomberg","summary":" -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Urbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. N","content":"<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.</p>\n<p>Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next three hours, Li&nbsp;poses for hundreds more photos, chatting with customers of the automaker&nbsp;he started&nbsp;just over six years ago and has built into a way of life —&nbsp;at least for the people who buy his cars —&nbsp;with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nio’s geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. “Meeting with Nio, we want to be better selves,’’ the not-so-catchy ditty goes.</p>\n<p>While other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nio’s&nbsp;business model relies on creating a&nbsp;sense of allegiance among buyers, who then persuade friends and family to spread the word about its&nbsp;cars. Dubbed “Rippling Mode,’’ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he&nbsp;was aiming for: a passionate customer base with the loyalty of Apple Inc. fans&nbsp;—&nbsp;and a dash of Elon Musk cult-of-personality thrown in.</p>\n<p>It’s an approach that’s turned Nio into Musk’s most visible nemesis in a country that seems to be minting&nbsp;Tesla adversaries&nbsp;every other day. While other electric vehicle companies may pump out more cars&nbsp;aimed at the mass market, Nio is targeting the&nbsp;premium buyers that Musk —&nbsp;who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019&nbsp;—&nbsp;needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.</p>\n<p>The biggest car market on the planet, China is already the world’s largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.</p>\n<p>Urbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nio’s premium ES6 SUV competes head-to-head with the sporty Model Y that&nbsp;Tesla started making in China last year. It’s a tussle that’s front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.</p>\n<p>“One day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,” said Li. “It’s going to be too late, I said.”</p>\n<p>These days, that prospect is looking less like wishful thinking.</p>\n<p>Nio delivered more than 20,000 vehicles, all of them SUVs,&nbsp;in the first quarter at an average price of $68,000, while Tesla shipped&nbsp;around 17,000 of its Model Y sports utility vehicle in China, which&nbsp;starts at&nbsp;around $53,000.&nbsp;Nio's share of the overall China market for higher end&nbsp;cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a “benchmark”&nbsp;for the wider EV space, “particularly in product and service innovation.”</p>\n<p>Tesla&nbsp;has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in <a href=\"https://laohu8.com/S/AONE\">one</a> owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicle’s brakes. The protest, which went viral in China, unleashed a wave of complaints about Tesla’s customer service, the very thing Li —&nbsp;who regularly&nbsp;replies to queries from Nio owners on the company’s app and has taken&nbsp;weekend trips across China to meet customers —&nbsp;has used to differentiate Nio in the cut-throat EV landscape.</p>\n<p>But Tesla isn’t the only foe&nbsp;Li has to worry about. A Battle Royale is brewing in China’s&nbsp;new energy car market —&nbsp;where retail sales of battery-powered passenger vehicles&nbsp;jumped 10% to 1.11 million&nbsp;last year, despite the&nbsp;hit from the pandemic —&nbsp;<a href=\"https://laohu8.com/S/AONE.U\">one</a> that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.</p>\n<p>After years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars&nbsp;in China, Toyota Motor Corp. unveiling a new EV&nbsp;platform, and premium carmakers like BMW AG aiming for&nbsp;one-quarter&nbsp;of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.</p>\n<p>Smaller companies like Nio —&nbsp;which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors —&nbsp;will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.</p>\n<p>“It’s by no means a time they can rest easy.”</p>\n<p>Nio has already had one near-death experience.</p>\n<p>Carmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as “the pursuit of being a user-enterprise.’’ The most visible manifestation of that was the&nbsp;Nio House,&nbsp;an elite drop-in center for the company’s customers —&nbsp;even offering art and music classes for their kids —&nbsp;and located on prime real estate in some of China’s biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days,&nbsp;and at the first in 2017 paid for flights and luxury&nbsp;hotels for&nbsp;everyone who&nbsp;ordered a vehicle a year before production started. R&amp;B star Bruno Mars headlined the 2018 event. When its public charging facilities are&nbsp;overwhelmed, Nio has&nbsp;a fleet of cars that can&nbsp;take portable battery chargers to users wherever they’re&nbsp;parked.</p>\n<p>Such largesse, along with a&nbsp;major recall&nbsp;after some cars caught fire&nbsp;just&nbsp;as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.</p>\n<p>“It was our darkest time,’’ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. “It was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,’’ he said. “Every dollar counted.”</p>\n<p>By October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nio’s shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization —&nbsp;about $5 billion in value&nbsp;—&nbsp;from&nbsp;its New York initial public offering a year earlier.</p>\n<p>Even a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. —&nbsp;an early investor in both Nio and Tesla — wasn’t enough to shore up the company’s seemingly insatiable need for cash.</p>\n<p>The setbacks kept coming. Nio couldn’t afford the final payment on an imported&nbsp;stamping presser, a large machine used to shape a car’s panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated&nbsp; by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.</p>\n<p>“Nio was already in the intensive care unit, while Xpeng was waiting outside,’’ Li recalled. “A merger would bury both of us.”</p>\n<p>(Xpeng went on to be the third&nbsp;Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third&nbsp;Chinese production base to meet demand.)</p>\n<p>Then came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.</p>\n<p>In early 2020, the municipal government in Hefei —&nbsp;the capital of Li’s home province of Anhui, about 600 miles southeast of Beijing —&nbsp;came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the company’s entire revenue for 2019.</p>\n<p>Coming just months after Nio said it wouldn’t have enough money to&nbsp; continue operating&nbsp;for another year unless it got more funds, the agreement&nbsp;essentially provided the company with a state-backed security blanket. That can be&nbsp;a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It&nbsp;could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Biden’s administration.</p>\n<p>For Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead —&nbsp;unlike Tesla and most traditional automakers —&nbsp;it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month&nbsp;for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.</p>\n<p>“When William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,’’ former JAC Chairman An Jin said. &nbsp;“I might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. That’s how he fought for his dreams.’’</p>\n<p>At an April 7 ceremony to mark the production of Nio’s 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&amp;D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.</p>\n<p>The Hefei pact,&nbsp;described as a government bailout by Sanford C. Bernstein’s senior analyst Robin Zhu,&nbsp;“put speculation around Nio’s funding issues to bed, at least in the foreseeable future,” he said.</p>\n<p>Li, though, also credits his loyal customer base. “We sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,’’ he said. “That’s why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.’’</p>\n<p>Still, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts&nbsp;on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of&nbsp;putting Nio ownership at the center of an owners’ lifestyle and creating an aura of exclusivity, wasn’t forsaken&nbsp;with more modest Nio Spaces&nbsp;rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They&nbsp;cost about 1 million yuan to set up, much less expensive&nbsp;than the more salubrious Nio Houses.</p>\n<p>It seems to have worked —&nbsp;for now. Nio is still yet to turn a profit but&nbsp;its sales have risen steadily since —&nbsp;topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the&nbsp;businesses that underpin Nio’s lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year,&nbsp;according to the company’s annual report.</p>\n<p>“To enter the car industry and survive isn’t easy,’’ said Jochen Goller, BMW’s China CEO. “Some others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.’’</p>\n<p>The Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nio’s shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&amp;P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.</p>\n<p>It’s a long way from Li’s relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and —&nbsp;more recently —&nbsp;the automobile industry, Li calls himself one of China’s “first generation of `left-behind’ children’’ because both his parents moved to the neighboring province of Jiangsu&nbsp;to pursue better work. There was no electricity in the village until Li was in his teens.</p>\n<p>While majoring in sociology at Peking University, one of China’s top colleges, Li started his first business —&nbsp;leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Li’s personal fortune to $7 billion.&nbsp;That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.</p>\n<p>Then came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijing’s smoggy skies before the birth of his first son, and decided something needed to be done to tackle the country’s chronic pollution. He started Nio in late 2014&nbsp;with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomi’s Lei Jun was also an early backer.</p>\n<p>When he’s not dining with super-fans, Li’s workday calendar is packed. On a recent Tuesday at the company’s corporate headquarters —&nbsp;which remain in the slick financial capital of Shanghai —&nbsp;he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the company’s battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.</p>\n<p>But while the company is on much firmer ground than&nbsp;18 months ago, questions remain.</p>\n<p>“Auto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasn’t yet reached the production volume to realize all of those efficiencies,” said Robert Cowell, an equity analyst at Shanghai-based 86Research.</p>\n<p>Cost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isn’t planning on unveiling any new models until late this year or early 2022.</p>\n<p>Read more: Why Nio Should Resist the Siren Song of Norway</p>\n<p>While Tesla is the main competitor in view, it’s the rivals to come that Li sees as the biggest threat.</p>\n<p>“The final game won’t start until tech giants are in,” he said. In March,&nbsp;Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies.&nbsp;Lurking in the background is the biggest tech giant of all —&nbsp;Apple, which has long harbored ambitions to make its own, self-driving car.</p>\n<p>“I trust companies like Apple for their determination, software development, intelligence capability, and user connection,’’ Li said. “It’s going to be different competition from traditional car companies.”</p>\n<p>But like Musk and other EV evangelists, Li is looking to the long game.&nbsp;“I’m very optimistic,” he said. “By 2030, 90% of the newly launched cars will be electric, or even 95%.”</p>\n<p>For the Nio fans gathered in Shanghai that Sunday evening, that future is already here.</p>\n<p>With&nbsp;the event drawing&nbsp;to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver —&nbsp;in a white Nio ES8 —&nbsp;waits to take him home.</p>","source":"yahoofinance","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>China's Nio Faces Battle Royale After Return From Brink of Ruin</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\">\nChina's Nio Faces Battle Royale After Return From Brink of Ruin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142220719","content_text":"(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.\nLi manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life — at least for the people who buy his cars — with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nio’s geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. “Meeting with Nio, we want to be better selves,’’ the not-so-catchy ditty goes.\nWhile other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nio’s business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed “Rippling Mode,’’ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans — and a dash of Elon Musk cult-of-personality thrown in.\nIt’s an approach that’s turned Nio into Musk’s most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk — who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 — needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.\nThe biggest car market on the planet, China is already the world’s largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.\nUrbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nio’s premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. It’s a tussle that’s front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.\n“One day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,” said Li. “It’s going to be too late, I said.”\nThese days, that prospect is looking less like wishful thinking.\nNio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a “benchmark” for the wider EV space, “particularly in product and service innovation.”\nTesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in one owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicle’s brakes. The protest, which went viral in China, unleashed a wave of complaints about Tesla’s customer service, the very thing Li — who regularly replies to queries from Nio owners on the company’s app and has taken weekend trips across China to meet customers — has used to differentiate Nio in the cut-throat EV landscape.\nBut Tesla isn’t the only foe Li has to worry about. A Battle Royale is brewing in China’s new energy car market — where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic — one that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.\nAfter years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.\nSmaller companies like Nio — which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors — will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.\n“It’s by no means a time they can rest easy.”\nNio has already had one near-death experience.\nCarmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as “the pursuit of being a user-enterprise.’’ The most visible manifestation of that was the Nio House, an elite drop-in center for the company’s customers — even offering art and music classes for their kids — and located on prime real estate in some of China’s biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever they’re parked.\nSuch largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.\n“It was our darkest time,’’ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. “It was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,’’ he said. “Every dollar counted.”\nBy October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nio’s shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization — about $5 billion in value — from its New York initial public offering a year earlier.\nEven a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. — an early investor in both Nio and Tesla — wasn’t enough to shore up the company’s seemingly insatiable need for cash.\nThe setbacks kept coming. Nio couldn’t afford the final payment on an imported stamping presser, a large machine used to shape a car’s panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated  by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.\n“Nio was already in the intensive care unit, while Xpeng was waiting outside,’’ Li recalled. “A merger would bury both of us.”\n(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)\nThen came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.\nIn early 2020, the municipal government in Hefei — the capital of Li’s home province of Anhui, about 600 miles southeast of Beijing — came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the company’s entire revenue for 2019.\nComing just months after Nio said it wouldn’t have enough money to  continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Biden’s administration.\nFor Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead — unlike Tesla and most traditional automakers — it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.\n“When William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,’’ former JAC Chairman An Jin said.  “I might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. That’s how he fought for his dreams.’’\nAt an April 7 ceremony to mark the production of Nio’s 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.\nThe Hefei pact, described as a government bailout by Sanford C. Bernstein’s senior analyst Robin Zhu, “put speculation around Nio’s funding issues to bed, at least in the foreseeable future,” he said.\nLi, though, also credits his loyal customer base. “We sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,’’ he said. “That’s why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.’’\nStill, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an owners’ lifestyle and creating an aura of exclusivity, wasn’t forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.\nIt seems to have worked — for now. Nio is still yet to turn a profit but its sales have risen steadily since — topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nio’s lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the company’s annual report.\n“To enter the car industry and survive isn’t easy,’’ said Jochen Goller, BMW’s China CEO. “Some others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.’’\nThe Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nio’s shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.\nIt’s a long way from Li’s relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and — more recently — the automobile industry, Li calls himself one of China’s “first generation of `left-behind’ children’’ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.\nWhile majoring in sociology at Peking University, one of China’s top colleges, Li started his first business — leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Li’s personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.\nThen came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijing’s smoggy skies before the birth of his first son, and decided something needed to be done to tackle the country’s chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomi’s Lei Jun was also an early backer.\nWhen he’s not dining with super-fans, Li’s workday calendar is packed. On a recent Tuesday at the company’s corporate headquarters — which remain in the slick financial capital of Shanghai — he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the company’s battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.\nBut while the company is on much firmer ground than 18 months ago, questions remain.\n“Auto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasn’t yet reached the production volume to realize all of those efficiencies,” said Robert Cowell, an equity analyst at Shanghai-based 86Research.\nCost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isn’t planning on unveiling any new models until late this year or early 2022.\nRead more: Why Nio Should Resist the Siren Song of Norway\nWhile Tesla is the main competitor in view, it’s the rivals to come that Li sees as the biggest threat.\n“The final game won’t start until tech giants are in,” he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all — Apple, which has long harbored ambitions to make its own, self-driving car.\n“I trust companies like Apple for their determination, software development, intelligence capability, and user connection,’’ Li said. “It’s going to be different competition from traditional car companies.”\nBut like Musk and other EV evangelists, Li is looking to the long game. “I’m very optimistic,” he said. “By 2030, 90% of the newly launched cars will be electric, or even 95%.”\nFor the Nio fans gathered in Shanghai that Sunday evening, that future is already here.\nWith the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver — in a white Nio ES8 — waits to take him home.","news_type":1,"symbols_score_info":{"LI":0.9,"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189775486,"gmtCreate":1623291425745,"gmtModify":1634034898690,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Big mistake to ban....","listText":"Big mistake to ban....","text":"Big mistake to ban....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/189775486","repostId":"2142824312","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180241395,"gmtCreate":1623208620517,"gmtModify":1634035779504,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Finally","listText":"Finally","text":"Finally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/180241395","repostId":"1125424012","repostType":4,"repost":{"id":"1125424012","kind":"news","pubTimestamp":1623205121,"share":"https://ttm.financial/m/news/1125424012?lang=&edition=full","pubTime":"2021-06-09 10:18","market":"us","language":"en","title":"Ark Invest’s Cathie Wood: ‘The rotation back to growth is probably close at hand’","url":"https://stock-news.laohu8.com/highlight/detail?id=1125424012","media":"cnbc","summary":"After a striking rotation to value stocks in 2021, Ark Invest CEO and Chief Investment Officer Cathi","content":"<div>\n<p>After a striking rotation to value stocks in 2021, Ark Invest CEO and Chief Investment Officer Cathie Wood said the shift back to growth names is coming.“The rotation back to growth is probably close ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/08/ark-invest-cathie-wood-rotation-back-to-growth-is-probably-close-at-hand.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>Ark Invest’s Cathie Wood: ‘The rotation back to growth is probably close at hand’</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\">\nArk Invest’s Cathie Wood: ‘The rotation back to growth is probably close at hand’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 10:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/08/ark-invest-cathie-wood-rotation-back-to-growth-is-probably-close-at-hand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a striking rotation to value stocks in 2021, Ark Invest CEO and Chief Investment Officer Cathie Wood said the shift back to growth names is coming.“The rotation back to growth is probably close ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/08/ark-invest-cathie-wood-rotation-back-to-growth-is-probably-close-at-hand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/08/ark-invest-cathie-wood-rotation-back-to-growth-is-probably-close-at-hand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1125424012","content_text":"After a striking rotation to value stocks in 2021, Ark Invest CEO and Chief Investment Officer Cathie Wood said the shift back to growth names is coming.“The rotation back to growth is probably close at hand,” Wood said during an Ark Invest webinar on Tuesday.“The broadening out into value sectors, cyclicals has been pretty dramatic this year. This a real value market, a real vote on the cycle,” she said. “The cycle may come into question if we’re right about how consumption is going to shift.”Wood said consumer spending is going to make a major move to the services sector after dominating in the goods sector during the coronavirus pandemic. This should spur a decline in commodity prices and cyclical stocks, setting the stage for outperformance in innovation names.Shares of Ark’s flagship fund —Ark Innovation— are down nearly 10% this year to around $112 per share amid a sharp rotation into value stocks in 2021. The ETF is about 29% off its high in February as worries about how the Federal Reserve might react to inflation push investors away from innovation names.Despite the weakness in her funds’ top holdings, Wood has been buying her highest conviction names, some that are at a significant discount to their levels earlier in the year.“We have capitalized on this volatility by selling names that have held up better than others and moving into names ... those that we have a high degree of conviction and those that are more opportunistic,” she said.In June, Wood has purchased in her various funds shares ofNetflix,Etsy, Google-parentAlphabet,Zoom Video,Crispr TherapeuticsandDocuSign. Wood is even doubling down on her top holdingTesla, which has fallen about 33% from its 52-week high.Wood alsopurchased millions of shares in Coinbase Globalas the world’s largest crypto exchange tanked alongside the price ofbitcoinlast month. Coinbase is now Ark Innovation’s ninth-largest holding.Wood now expects a 25% annual rate of return in her top holdings over the next five years.","news_type":1,"symbols_score_info":{"COIN":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115474490,"gmtCreate":1623029124410,"gmtModify":1634096111033,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"The work of the Master&nbsp;of Coins?","listText":"The work of the Master&nbsp;of Coins?","text":"The work of the Master of Coins?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/115474490","repostId":"2141628501","repostType":4,"repost":{"id":"2141628501","kind":"news","pubTimestamp":1623023455,"share":"https://ttm.financial/m/news/2141628501?lang=&edition=full","pubTime":"2021-06-07 07:50","market":"other","language":"en","title":"Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey","url":"https://stock-news.laohu8.com/highlight/detail?id=2141628501","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may","content":"<p>(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process.</p><p>Bitcoin, Ether and the rest of the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 1:40 p.m. in Hong Kong, according to pricing data from CoinGecko. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes up that says the accounts have been reported for violations of laws, regulations or Weibo rules.</p><p>Weibo’s media relations officer didn’t immediately reply to an email request for comment on Sunday. The micro-blogging service took similar action in 2019 when it suspended the accounts of exchange operator Binance Holdings Ltd. and blockchain platform Tron.</p><p>Chinese authorities have recently cautioned on crypto trading and Bitcoin mining efforts are being curtailed, which have put pressure on prices. Bitcoin, the largest cryptocurrency, is also struggling with technical levels, remaining below its 20-day and 200-day moving averages.</p><p>Bitcoin “remains vulnerable to a test of critical support at $29,000 with downside to risk to $20,000,” Evercore ISI technical strategist Rich Ross wrote in a note Friday. He said he’s a “seller” currently, with a $41,000 buy stop.</p><p>Bitcoin went on a furious rally at the beginning of the year, surging to almost $65,000 amid enthusiasm about institutional adoption, the idea that it’s a store of value akin to “digital gold,” and with endorsements from big-name investors like Paul Tudor Jones and Stan Druckenmiller.</p><p>The cryptocurrency has retreated by more than $25,000 since then and was recently trading around $36,100. It’s still up about 25% this year.</p><p>In a development that undermines the narrative about institutional adoption, a Goldman Sachs note on Saturday showed that not everyone in finance is eager to jump in.</p><p>“We held two CIO roundtable sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds,” the strategists led by Timothy Moe wrote. “Their most favorite is Growth style but least favorite on Bitcoin.”</p><p>Still, support for Bitcoin continues to grow in some quarters. In comments from a video broadcast at the Bitcoin 2021 conference in Miamia, El Salvador President Nayib Bukele said he plans to make Bitcoin legal tender in the country, while San Francisco-based Square Inc. said it will invest $5 million to build a solar-powered Bitcoin mining facility. The project will be constructed at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.</p><p>Separately, a video posted on YouTube on Friday that appears to be from the group “Anonymous” criticizes Tesla Inc. Chief Executive Office Elon Musk for a variety of reasons including his social-media commentary about Bitcoin. Musk, for his part, continued to tweet actively into the weekend about crypto and other matters.</p>","source":"yahoofinance","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>Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey</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\">\nBitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WB":"微博","GS":"高盛","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141628501","content_text":"(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process.Bitcoin, Ether and the rest of the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 1:40 p.m. in Hong Kong, according to pricing data from CoinGecko. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes up that says the accounts have been reported for violations of laws, regulations or Weibo rules.Weibo’s media relations officer didn’t immediately reply to an email request for comment on Sunday. The micro-blogging service took similar action in 2019 when it suspended the accounts of exchange operator Binance Holdings Ltd. and blockchain platform Tron.Chinese authorities have recently cautioned on crypto trading and Bitcoin mining efforts are being curtailed, which have put pressure on prices. Bitcoin, the largest cryptocurrency, is also struggling with technical levels, remaining below its 20-day and 200-day moving averages.Bitcoin “remains vulnerable to a test of critical support at $29,000 with downside to risk to $20,000,” Evercore ISI technical strategist Rich Ross wrote in a note Friday. He said he’s a “seller” currently, with a $41,000 buy stop.Bitcoin went on a furious rally at the beginning of the year, surging to almost $65,000 amid enthusiasm about institutional adoption, the idea that it’s a store of value akin to “digital gold,” and with endorsements from big-name investors like Paul Tudor Jones and Stan Druckenmiller.The cryptocurrency has retreated by more than $25,000 since then and was recently trading around $36,100. It’s still up about 25% this year.In a development that undermines the narrative about institutional adoption, a Goldman Sachs note on Saturday showed that not everyone in finance is eager to jump in.“We held two CIO roundtable sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds,” the strategists led by Timothy Moe wrote. “Their most favorite is Growth style but least favorite on Bitcoin.”Still, support for Bitcoin continues to grow in some quarters. In comments from a video broadcast at the Bitcoin 2021 conference in Miamia, El Salvador President Nayib Bukele said he plans to make Bitcoin legal tender in the country, while San Francisco-based Square Inc. said it will invest $5 million to build a solar-powered Bitcoin mining facility. The project will be constructed at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.Separately, a video posted on YouTube on Friday that appears to be from the group “Anonymous” criticizes Tesla Inc. Chief Executive Office Elon Musk for a variety of reasons including his social-media commentary about Bitcoin. Musk, for his part, continued to tweet actively into the weekend about crypto and other matters.","news_type":1,"symbols_score_info":{"GS":0.9,"QNETCN":0.9,"WB":0.9}},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115162255,"gmtCreate":1622959975077,"gmtModify":1634096552407,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"I smell more upsides coming","listText":"I smell more upsides coming","text":"I smell more upsides coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/115162255","repostId":"2141283409","repostType":4,"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116984372,"gmtCreate":1622770012896,"gmtModify":1634098201369,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Go play with your coin&nbsp;","listText":"Go play with your coin&nbsp;","text":"Go play with your coin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/116984372","repostId":"1110094207","repostType":4,"repost":{"id":"1110094207","kind":"news","pubTimestamp":1622768378,"share":"https://ttm.financial/m/news/1110094207?lang=&edition=full","pubTime":"2021-06-04 08:59","market":"us","language":"en","title":"Tesla shares drop on report of steep May sales decline in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1110094207","media":"CNBC","summary":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"mont","content":"<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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>Tesla shares drop on report of steep May sales decline in China</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; 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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\">\nTesla shares drop on report of steep May sales decline in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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","CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110094207","content_text":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not corroborated that report.\nElon Musk's electric vehicle company has been grappling with recalls and safety investigations in China.\n\nTeslashares dropped more than 5% Thursday after a report said the company’s vehicle orders in China steeply declined last month.\nTheInformation, citing a single source familiar with the data, wrote that Tesla’s “monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.” CNBC has not corroborated that report.\nTesla’s Shanghai factory is supposed to have the capacity to make around 500,000 electric cars a year for deliveries in China and exports to other parts of Asia and Europe.\nElon Musk’s electric vehicle company has been grappling with recalls and safety investigations in China. It is also dealing with apublic relations backlashthere following some high-profile vehicle crashes, price changes and quality complaints from Chinese customers.\nJL Warren Capital CEO Junheng Li said in an e-mail to CNBC that even though Tesla hasn’t spoken about potential impacts of its PR crisis in China, she expects they will be material.\n“We see a definitive material impact on Tesla branding, orders and deliveries for future months, although it’s hard to quantify exactly to what extent the declining demand is driven by concerns on Tesla’s safety features, or rising competition especially from Chinese automakers,” she said.\nLi’s equity research firm focuses on Chinese and U.S. companies with significant exposure in China. Her firm estimated, in a note on June 1, that Tesla orders in China declined by around 30% in May compared to April. While that’s not as dire as the 50% drop reported by The Information, Warren noted that “both are disastrous.”\nChina represented last year the second-largest electric vehicle market in the world, according toIEA research. Tesla’s near-term growth hinges largely on its ability to make and sell cars successfully in China.\nAccording to analysis of Tesla job listings bySnow Bull Capital,the company is stepping up hiring for “Legal & Government Affairs” positions in 2021 across the country. It’s also generally ramping up hiring at its Shanghai plant.\nChinese Tesla rival Nio saw deliveries slide in May as a global semiconductor shortage hit its business. But another competitor, Xpeng, said it delivered 5,686 cars in May representing a 483% year-on-year rise and a 10% increase from the previous month.\nTesla shares are down about 15% year-to-date, and down more than 35% from their intraday high on Jan. 29.","news_type":1,"symbols_score_info":{"CAAS":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":163759992,"gmtCreate":1623894287916,"gmtModify":1634026260475,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Most company are older than me if not as old as me","listText":"Most company are older than me if not as old as me","text":"Most company are older than me if not as old as me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/163759992","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","kind":"highlight","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=full","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY)&nbsp;for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b>&nbsp;and <b>XPeng</b>&nbsp;delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</p>","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>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","DVA":"达维塔保健","AAPL":"苹果","KHC":"卡夫亨氏","BAC":"美国银行","MCO":"穆迪","BRK.B":"伯克希尔B","KO":"可口可乐","BYDDY":"比亚迪ADR","AXP":"美国运通","VZ":"Verizon Comms","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1,"symbols_score_info":{"AAPL":0.9,"AXP":0.9,"BAC":0.9,"BRK.A":0.9,"BRK.B":0.9,"BYDDY":0.9,"DVA":0.9,"KHC":0.9,"KO":0.9,"MCO":0.9,"USB":0.9,"VZ":0.9}},"isVote":1,"tweetType":1,"viewCount":1131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140996425,"gmtCreate":1625622301767,"gmtModify":1633938979989,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"It's gonna be a very successful EV&nbsp;maker with auto pilot.&nbsp;","listText":"It's gonna be a very successful EV&nbsp;maker with auto pilot.&nbsp;","text":"It's gonna be a very successful EV maker with auto pilot.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/140996425","repostId":"1171645479","repostType":4,"repost":{"id":"1171645479","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625619855,"share":"https://ttm.financial/m/news/1171645479?lang=&edition=full","pubTime":"2021-07-07 09:04","market":"us","language":"en","title":"Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=1171645479","media":"Tiger Newspress","summary":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday a","content":"<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</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>Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong</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 Maker Xpeng surged 1.8% on its first day of trading in Hong Kong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-07 09:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171645479","content_text":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.\nThe Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.\nLed by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in China.\nIt sells mainly in China, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).\nThe electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.\nXpeng chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.\nThe dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.\nAfter the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.\nThe Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.\nXpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.\nWith the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.\nJPMorgan Chase & Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.","news_type":1,"symbols_score_info":{"09868":0.9,"NWY":0.9,"NYRT":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116984372,"gmtCreate":1622770012896,"gmtModify":1634098201369,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Go play with your coin&nbsp;","listText":"Go play with your coin&nbsp;","text":"Go play with your coin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/116984372","repostId":"1110094207","repostType":4,"repost":{"id":"1110094207","kind":"news","pubTimestamp":1622768378,"share":"https://ttm.financial/m/news/1110094207?lang=&edition=full","pubTime":"2021-06-04 08:59","market":"us","language":"en","title":"Tesla shares drop on report of steep May sales decline in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1110094207","media":"CNBC","summary":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"mont","content":"<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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>Tesla shares drop on report of steep May sales decline in China</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; 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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\">\nTesla shares drop on report of steep May sales decline in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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","CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110094207","content_text":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not corroborated that report.\nElon Musk's electric vehicle company has been grappling with recalls and safety investigations in China.\n\nTeslashares dropped more than 5% Thursday after a report said the company’s vehicle orders in China steeply declined last month.\nTheInformation, citing a single source familiar with the data, wrote that Tesla’s “monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.” CNBC has not corroborated that report.\nTesla’s Shanghai factory is supposed to have the capacity to make around 500,000 electric cars a year for deliveries in China and exports to other parts of Asia and Europe.\nElon Musk’s electric vehicle company has been grappling with recalls and safety investigations in China. It is also dealing with apublic relations backlashthere following some high-profile vehicle crashes, price changes and quality complaints from Chinese customers.\nJL Warren Capital CEO Junheng Li said in an e-mail to CNBC that even though Tesla hasn’t spoken about potential impacts of its PR crisis in China, she expects they will be material.\n“We see a definitive material impact on Tesla branding, orders and deliveries for future months, although it’s hard to quantify exactly to what extent the declining demand is driven by concerns on Tesla’s safety features, or rising competition especially from Chinese automakers,” she said.\nLi’s equity research firm focuses on Chinese and U.S. companies with significant exposure in China. Her firm estimated, in a note on June 1, that Tesla orders in China declined by around 30% in May compared to April. While that’s not as dire as the 50% drop reported by The Information, Warren noted that “both are disastrous.”\nChina represented last year the second-largest electric vehicle market in the world, according toIEA research. Tesla’s near-term growth hinges largely on its ability to make and sell cars successfully in China.\nAccording to analysis of Tesla job listings bySnow Bull Capital,the company is stepping up hiring for “Legal & Government Affairs” positions in 2021 across the country. It’s also generally ramping up hiring at its Shanghai plant.\nChinese Tesla rival Nio saw deliveries slide in May as a global semiconductor shortage hit its business. But another competitor, Xpeng, said it delivered 5,686 cars in May representing a 483% year-on-year rise and a 10% increase from the previous month.\nTesla shares are down about 15% year-to-date, and down more than 35% from their intraday high on Jan. 29.","news_type":1,"symbols_score_info":{"CAAS":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177263140,"gmtCreate":1627224836080,"gmtModify":1633767055927,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Don't think so","listText":"Don't think so","text":"Don't think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177263140","repostId":"1115106146","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149189275,"gmtCreate":1625709233097,"gmtModify":1633938134040,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"You're di-ed","listText":"You're di-ed","text":"You're di-ed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/149189275","repostId":"2149314868","repostType":4,"repost":{"id":"2149314868","kind":"news","pubTimestamp":1625708234,"share":"https://ttm.financial/m/news/2149314868?lang=&edition=full","pubTime":"2021-07-08 09:37","market":"us","language":"en","title":"Didi Extends Drop to Fresh Lows as China Weighs Rule Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2149314868","media":"Bloomberg","summary":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh ","content":"<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.</p>\n<p>The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.</p>\n<p>“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that <a href=\"https://laohu8.com/S/AONE\">one</a> could or should invest in China, it just changes the risk premium that is required.”</p>\n<p>Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.</p>\n<p>The China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.</p>\n<p>In another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and JPMorgan Chase &amp; Co. are named as defendants.</p>\n<p>Didi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.</p>\n<p>China on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.</p>\n<p>A gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.</p>","source":"yahoofinance","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>Didi Extends Drop to Fresh Lows as China Weighs Rule Changes</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\">\nDidi Extends Drop to Fresh Lows as China Weighs Rule Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e0f5afee3858f7e4067e2883e7c620","relate_stocks":{"K3SD.SI":"u BIDU ADR US$+","JPM":"摩根大通","BIDU":"百度","GS":"高盛","CAAS":"中汽系统","BABA":"阿里巴巴","MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/didi-extends-drop-fresh-lows-202550271.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149314868","content_text":"(Bloomberg) -- Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad.\nThe ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The company has lost over $17 billion of market value so far this week, including about $15 billion on Tuesday alone.\n“The Chinese government has made it very clear that they act in what they believe to be their own best interests,” said Steve Sosnick, chief strategist at Interactive Brokers. “This doesn’t rule out the idea that one could or should invest in China, it just changes the risk premium that is required.”\nRegulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, shutting off a route long-used by the country’s technology giants, according to people familiar with the matter.\nThe China Securities Regulatory Commission is leading efforts to revise rules on overseas listings that have been in effect since 1994, said the people, asking not to be identified discussing a private matter. The proposed changes, which are subject to approval by the State Council, could also impact companies that have already gone public using the so-called Variable Interest Entity model, the people said.\nIn another blow to the stock, two U.S. shareholder lawsuits were filed in federal court in New York and Los Angeles late Tuesday. The suits claim the company failed to disclose ongoing talks it was having with Chinese authorities about its compliance with cybersecurity laws and regulations. Several executives and directors, including Chief Executive Officer Will Wei Cheng, as well as lead underwriters Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co. are named as defendants.\nDidi didn’t respond to a request for comment. Goldman, Morgan and JPMorgan also didn’t respond to requests for comment.\nChina on Tuesday issued a sweeping warning to some of its biggest companies, vowing to tighten oversight of data security and overseas listings. That put further selling pressure on China’s biggest technology names including Alibaba Group Holding Ltd. and Baidu Inc., which have both closed lower for five straight days.\nA gauge of Chinese technology stocks traded in Hong Kong fell as much as 1.9% on Wednesday to approach its lowest level since November. The index has slumped more than 30% since its February high, while a measure of Chinese American depositary receipts has lost about 14% so far this year.","news_type":1,"symbols_score_info":{"BABA":0.9,"BIDU":0.9,"CAAS":0.9,"GS":0.6,"JPM":0.6,"K3SD.SI":0.6,"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":1637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115162255,"gmtCreate":1622959975077,"gmtModify":1634096552407,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"I smell more upsides coming","listText":"I smell more upsides coming","text":"I smell more upsides coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/115162255","repostId":"2141283409","repostType":4,"repost":{"id":"2141283409","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622944143,"share":"https://ttm.financial/m/news/2141283409?lang=&edition=full","pubTime":"2021-06-06 09:49","market":"us","language":"en","title":"Square to invest $5 mln in Blockstream's solar-powered bitcoin mining facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2141283409","media":"Reuters","summary":"June 5 (Reuters) - Blockchain technology company Blockstream Mining said on Saturday that Square Inc","content":"<p>June 5 (Reuters) - Blockchain technology company Blockstream Mining said on Saturday that Square Inc will invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of Blockstream's U.S. sites.</p><p>Blockstream, in an announcement on its blog&nbsp;said the \"facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at scale.\"</p><p>Square, in a tweet  said it was teaming up with Blockstream as part of its Bitcoin Clean Energy Initiative.</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>Square to invest $5 mln in Blockstream's solar-powered bitcoin mining 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; 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\">\nSquare to invest $5 mln in Blockstream's solar-powered bitcoin mining facility\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\">2021-06-06 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 5 (Reuters) - Blockchain technology company Blockstream Mining said on Saturday that Square Inc will invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of Blockstream's U.S. sites.</p><p>Blockstream, in an announcement on its blog&nbsp;said the \"facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at scale.\"</p><p>Square, in a tweet  said it was teaming up with Blockstream as part of its Bitcoin Clean Energy Initiative.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141283409","content_text":"June 5 (Reuters) - Blockchain technology company Blockstream Mining said on Saturday that Square Inc will invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of Blockstream's U.S. sites.Blockstream, in an announcement on its blog said the \"facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at scale.\"Square, in a tweet  said it was teaming up with Blockstream as part of its Bitcoin Clean Energy Initiative.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137317394,"gmtCreate":1622299571118,"gmtModify":1634102444729,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"SQ being new in the market have better upside","listText":"SQ being new in the market have better upside","text":"SQ being new in the market have better upside","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/137317394","repostId":"2138312488","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192545944,"gmtCreate":1621218462688,"gmtModify":1634193298066,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Nice... Good for them, good for&nbsp;investors","listText":"Nice... Good for them, good for&nbsp;investors","text":"Nice... Good for them, good for investors","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/192545944","repostId":"2136806389","repostType":4,"repost":{"id":"2136806389","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621217413,"share":"https://ttm.financial/m/news/2136806389?lang=&edition=full","pubTime":"2021-05-17 10:10","market":"sh","language":"en","title":"China industrial output rises 9.8% y/y in April, retail sales up 17.7% y/y","url":"https://stock-news.laohu8.com/highlight/detail?id=2136806389","media":"Reuters","summary":"BEIJING, May 17 (Reuters) - China's industrial output grew 9.8% in April from a year ago, slower tha","content":"<p>BEIJING, May 17 (Reuters) - China's industrial output grew 9.8% in April from a year ago, slower than the 14.1% surge in March, official data showed on Monday.</p><p>That matched a 9.8% on-year rise in a consensus forecast by analysts from a Reuters poll.</p><p>Retail sales rose 17.7% year-on-year in April, down from the 34.2% jump seen in March.</p><p>Fixed asset investment increased 19.9% in the first four months from the same period a year earlier, versus a forecast 19.0% rise, slowing from January-March's 25.6% increase.</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>China industrial output rises 9.8% y/y in April, retail sales up 17.7% y/y</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\">\nChina industrial output rises 9.8% y/y in April, retail sales up 17.7% y/y\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\">2021-05-17 10:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, May 17 (Reuters) - China's industrial output grew 9.8% in April from a year ago, slower than the 14.1% surge in March, official data showed on Monday.</p><p>That matched a 9.8% on-year rise in a consensus forecast by analysts from a Reuters poll.</p><p>Retail sales rose 17.7% year-on-year in April, down from the 34.2% jump seen in March.</p><p>Fixed asset investment increased 19.9% in the first four months from the same period a year earlier, versus a forecast 19.0% rise, slowing from January-March's 25.6% increase.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136806389","content_text":"BEIJING, May 17 (Reuters) - China's industrial output grew 9.8% in April from a year ago, slower than the 14.1% surge in March, official data showed on Monday.That matched a 9.8% on-year rise in a consensus forecast by analysts from a Reuters poll.Retail sales rose 17.7% year-on-year in April, down from the 34.2% jump seen in March.Fixed asset investment increased 19.9% in the first four months from the same period a year earlier, versus a forecast 19.0% rise, slowing from January-March's 25.6% increase.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374034622,"gmtCreate":1619401135366,"gmtModify":1634273784807,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Comment and like pls. Thanks","listText":"Comment and like pls. Thanks","text":"Comment and like pls. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/374034622","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372720837,"gmtCreate":1619245270129,"gmtModify":1634287459568,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Like and comment pls... Thanks","listText":"Like and comment pls... Thanks","text":"Like and comment pls... Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/372720837","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181378196,"gmtCreate":1623376209415,"gmtModify":1634034020368,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"It's a sign...","listText":"It's a sign...","text":"It's a sign...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181378196","repostId":"2142220719","repostType":4,"repost":{"id":"2142220719","kind":"news","pubTimestamp":1623375318,"share":"https://ttm.financial/m/news/2142220719?lang=&edition=full","pubTime":"2021-06-11 09:35","market":"us","language":"en","title":"China's Nio Faces Battle Royale After Return From Brink of Ruin","url":"https://stock-news.laohu8.com/highlight/detail?id=2142220719","media":"Bloomberg","summary":" -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Urbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. N","content":"<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.</p>\n<p>Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next three hours, Li&nbsp;poses for hundreds more photos, chatting with customers of the automaker&nbsp;he started&nbsp;just over six years ago and has built into a way of life —&nbsp;at least for the people who buy his cars —&nbsp;with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nio’s geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. “Meeting with Nio, we want to be better selves,’’ the not-so-catchy ditty goes.</p>\n<p>While other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nio’s&nbsp;business model relies on creating a&nbsp;sense of allegiance among buyers, who then persuade friends and family to spread the word about its&nbsp;cars. Dubbed “Rippling Mode,’’ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he&nbsp;was aiming for: a passionate customer base with the loyalty of Apple Inc. fans&nbsp;—&nbsp;and a dash of Elon Musk cult-of-personality thrown in.</p>\n<p>It’s an approach that’s turned Nio into Musk’s most visible nemesis in a country that seems to be minting&nbsp;Tesla adversaries&nbsp;every other day. While other electric vehicle companies may pump out more cars&nbsp;aimed at the mass market, Nio is targeting the&nbsp;premium buyers that Musk —&nbsp;who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019&nbsp;—&nbsp;needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.</p>\n<p>The biggest car market on the planet, China is already the world’s largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.</p>\n<p>Urbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nio’s premium ES6 SUV competes head-to-head with the sporty Model Y that&nbsp;Tesla started making in China last year. It’s a tussle that’s front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.</p>\n<p>“One day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,” said Li. “It’s going to be too late, I said.”</p>\n<p>These days, that prospect is looking less like wishful thinking.</p>\n<p>Nio delivered more than 20,000 vehicles, all of them SUVs,&nbsp;in the first quarter at an average price of $68,000, while Tesla shipped&nbsp;around 17,000 of its Model Y sports utility vehicle in China, which&nbsp;starts at&nbsp;around $53,000.&nbsp;Nio's share of the overall China market for higher end&nbsp;cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a “benchmark”&nbsp;for the wider EV space, “particularly in product and service innovation.”</p>\n<p>Tesla&nbsp;has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in <a href=\"https://laohu8.com/S/AONE\">one</a> owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicle’s brakes. The protest, which went viral in China, unleashed a wave of complaints about Tesla’s customer service, the very thing Li —&nbsp;who regularly&nbsp;replies to queries from Nio owners on the company’s app and has taken&nbsp;weekend trips across China to meet customers —&nbsp;has used to differentiate Nio in the cut-throat EV landscape.</p>\n<p>But Tesla isn’t the only foe&nbsp;Li has to worry about. A Battle Royale is brewing in China’s&nbsp;new energy car market —&nbsp;where retail sales of battery-powered passenger vehicles&nbsp;jumped 10% to 1.11 million&nbsp;last year, despite the&nbsp;hit from the pandemic —&nbsp;<a href=\"https://laohu8.com/S/AONE.U\">one</a> that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.</p>\n<p>After years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars&nbsp;in China, Toyota Motor Corp. unveiling a new EV&nbsp;platform, and premium carmakers like BMW AG aiming for&nbsp;one-quarter&nbsp;of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.</p>\n<p>Smaller companies like Nio —&nbsp;which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors —&nbsp;will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.</p>\n<p>“It’s by no means a time they can rest easy.”</p>\n<p>Nio has already had one near-death experience.</p>\n<p>Carmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as “the pursuit of being a user-enterprise.’’ The most visible manifestation of that was the&nbsp;Nio House,&nbsp;an elite drop-in center for the company’s customers —&nbsp;even offering art and music classes for their kids —&nbsp;and located on prime real estate in some of China’s biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days,&nbsp;and at the first in 2017 paid for flights and luxury&nbsp;hotels for&nbsp;everyone who&nbsp;ordered a vehicle a year before production started. R&amp;B star Bruno Mars headlined the 2018 event. When its public charging facilities are&nbsp;overwhelmed, Nio has&nbsp;a fleet of cars that can&nbsp;take portable battery chargers to users wherever they’re&nbsp;parked.</p>\n<p>Such largesse, along with a&nbsp;major recall&nbsp;after some cars caught fire&nbsp;just&nbsp;as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.</p>\n<p>“It was our darkest time,’’ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. “It was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,’’ he said. “Every dollar counted.”</p>\n<p>By October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nio’s shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization —&nbsp;about $5 billion in value&nbsp;—&nbsp;from&nbsp;its New York initial public offering a year earlier.</p>\n<p>Even a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. —&nbsp;an early investor in both Nio and Tesla — wasn’t enough to shore up the company’s seemingly insatiable need for cash.</p>\n<p>The setbacks kept coming. Nio couldn’t afford the final payment on an imported&nbsp;stamping presser, a large machine used to shape a car’s panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated&nbsp; by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.</p>\n<p>“Nio was already in the intensive care unit, while Xpeng was waiting outside,’’ Li recalled. “A merger would bury both of us.”</p>\n<p>(Xpeng went on to be the third&nbsp;Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third&nbsp;Chinese production base to meet demand.)</p>\n<p>Then came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.</p>\n<p>In early 2020, the municipal government in Hefei —&nbsp;the capital of Li’s home province of Anhui, about 600 miles southeast of Beijing —&nbsp;came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the company’s entire revenue for 2019.</p>\n<p>Coming just months after Nio said it wouldn’t have enough money to&nbsp; continue operating&nbsp;for another year unless it got more funds, the agreement&nbsp;essentially provided the company with a state-backed security blanket. That can be&nbsp;a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It&nbsp;could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Biden’s administration.</p>\n<p>For Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead —&nbsp;unlike Tesla and most traditional automakers —&nbsp;it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month&nbsp;for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.</p>\n<p>“When William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,’’ former JAC Chairman An Jin said. &nbsp;“I might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. That’s how he fought for his dreams.’’</p>\n<p>At an April 7 ceremony to mark the production of Nio’s 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&amp;D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.</p>\n<p>The Hefei pact,&nbsp;described as a government bailout by Sanford C. Bernstein’s senior analyst Robin Zhu,&nbsp;“put speculation around Nio’s funding issues to bed, at least in the foreseeable future,” he said.</p>\n<p>Li, though, also credits his loyal customer base. “We sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,’’ he said. “That’s why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.’’</p>\n<p>Still, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts&nbsp;on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of&nbsp;putting Nio ownership at the center of an owners’ lifestyle and creating an aura of exclusivity, wasn’t forsaken&nbsp;with more modest Nio Spaces&nbsp;rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They&nbsp;cost about 1 million yuan to set up, much less expensive&nbsp;than the more salubrious Nio Houses.</p>\n<p>It seems to have worked —&nbsp;for now. Nio is still yet to turn a profit but&nbsp;its sales have risen steadily since —&nbsp;topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the&nbsp;businesses that underpin Nio’s lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year,&nbsp;according to the company’s annual report.</p>\n<p>“To enter the car industry and survive isn’t easy,’’ said Jochen Goller, BMW’s China CEO. “Some others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.’’</p>\n<p>The Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nio’s shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&amp;P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.</p>\n<p>It’s a long way from Li’s relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and —&nbsp;more recently —&nbsp;the automobile industry, Li calls himself one of China’s “first generation of `left-behind’ children’’ because both his parents moved to the neighboring province of Jiangsu&nbsp;to pursue better work. There was no electricity in the village until Li was in his teens.</p>\n<p>While majoring in sociology at Peking University, one of China’s top colleges, Li started his first business —&nbsp;leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Li’s personal fortune to $7 billion.&nbsp;That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.</p>\n<p>Then came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijing’s smoggy skies before the birth of his first son, and decided something needed to be done to tackle the country’s chronic pollution. He started Nio in late 2014&nbsp;with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomi’s Lei Jun was also an early backer.</p>\n<p>When he’s not dining with super-fans, Li’s workday calendar is packed. On a recent Tuesday at the company’s corporate headquarters —&nbsp;which remain in the slick financial capital of Shanghai —&nbsp;he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the company’s battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.</p>\n<p>But while the company is on much firmer ground than&nbsp;18 months ago, questions remain.</p>\n<p>“Auto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasn’t yet reached the production volume to realize all of those efficiencies,” said Robert Cowell, an equity analyst at Shanghai-based 86Research.</p>\n<p>Cost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isn’t planning on unveiling any new models until late this year or early 2022.</p>\n<p>Read more: Why Nio Should Resist the Siren Song of Norway</p>\n<p>While Tesla is the main competitor in view, it’s the rivals to come that Li sees as the biggest threat.</p>\n<p>“The final game won’t start until tech giants are in,” he said. In March,&nbsp;Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies.&nbsp;Lurking in the background is the biggest tech giant of all —&nbsp;Apple, which has long harbored ambitions to make its own, self-driving car.</p>\n<p>“I trust companies like Apple for their determination, software development, intelligence capability, and user connection,’’ Li said. “It’s going to be different competition from traditional car companies.”</p>\n<p>But like Musk and other EV evangelists, Li is looking to the long game.&nbsp;“I’m very optimistic,” he said. “By 2030, 90% of the newly launched cars will be electric, or even 95%.”</p>\n<p>For the Nio fans gathered in Shanghai that Sunday evening, that future is already here.</p>\n<p>With&nbsp;the event drawing&nbsp;to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver —&nbsp;in a white Nio ES8 —&nbsp;waits to take him home.</p>","source":"yahoofinance","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>China's Nio Faces Battle Royale After Return From Brink of Ruin</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\">\nChina's Nio Faces Battle Royale After Return From Brink of Ruin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/chinas-nio-faces-battle-royale-210018096.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142220719","content_text":"(Bloomberg) -- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.\nLi manages to spoon a small amount of fried rice and vegetables onto his plate, but he’s not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life — at least for the people who buy his cars — with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nio’s geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company. “Meeting with Nio, we want to be better selves,’’ the not-so-catchy ditty goes.\nWhile other billionaire executives may cringe at spending their down time glad-handing customers, for Li this is core. Nio’s business model relies on creating a sense of allegiance among buyers, who then persuade friends and family to spread the word about its cars. Dubbed “Rippling Mode,’’ the strategy invokes the ever-widening circles caused by throwing a single stone into a pond, Li says. The scene in Shanghai was just what he was aiming for: a passionate customer base with the loyalty of Apple Inc. fans — and a dash of Elon Musk cult-of-personality thrown in.\nIt’s an approach that’s turned Nio into Musk’s most visible nemesis in a country that seems to be minting Tesla adversaries every other day. While other electric vehicle companies may pump out more cars aimed at the mass market, Nio is targeting the premium buyers that Musk — who established his first Gigafactory outside the U.S. on the outskirts of Shanghai in 2019 — needs to realize his ambitions for global growth and long-term profitability. China is ground-zero in the transition away from gas-guzzlers to alternative-energy cars, with the government intent on dominating a new automotive era that has triggered an onslaught of investment over the past six months and that even the U.S. is now embracing.\nThe biggest car market on the planet, China is already the world’s largest for EVs. Sales will reach 2 million this year and surge to 6.2 million vehicles by 2025, when they will account for a quarter of all passenger car sales in the country, according to BloombergNEF.\nUrbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. Nio’s premium ES6 SUV competes head-to-head with the sporty Model Y that Tesla started making in China last year. It’s a tussle that’s front and center for Li, who in an interview with Bloomberg talked about how the eldest of his two sons, a first grader, wants to follow in his footsteps.\n“One day he told me that he would study hard and work hard, helping dad beat Tesla when he grows up,” said Li. “It’s going to be too late, I said.”\nThese days, that prospect is looking less like wishful thinking.\nNio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000, while Tesla shipped around 17,000 of its Model Y sports utility vehicle in China, which starts at around $53,000. Nio's share of the overall China market for higher end cars is second only to Tesla, according to Kang Jun, an analyst at consultancy LMC Automotive, and it's set a “benchmark” for the wider EV space, “particularly in product and service innovation.”\nTesla has also faced a raft of setbacks of late in China, which accounted for more than 20% of all revenue last year. Increased scrutiny from local regulators has been accompanied by a rising backlash against Tesla and its cars, culminating in one owner climbing on top of a Model 3 at the recent Shanghai Auto Show, claiming the company failed to address issues with her vehicle’s brakes. The protest, which went viral in China, unleashed a wave of complaints about Tesla’s customer service, the very thing Li — who regularly replies to queries from Nio owners on the company’s app and has taken weekend trips across China to meet customers — has used to differentiate Nio in the cut-throat EV landscape.\nBut Tesla isn’t the only foe Li has to worry about. A Battle Royale is brewing in China’s new energy car market — where retail sales of battery-powered passenger vehicles jumped 10% to 1.11 million last year, despite the hit from the pandemic — one that will challenge both Nio and Tesla, and set the stage for global control over the future of cars.\nAfter years watching from the sidelines, the big auto-making giants are doubling down on EVs, with Volkswagen AG launching an eight-car range from its platform designed for battery electric cars in China, Toyota Motor Corp. unveiling a new EV platform, and premium carmakers like BMW AG aiming for one-quarter of all Chinese sales to be electric. At the same time, Big Tech is eyeing the sector, lured by the technological possibilities. Chinese search-engine titan Baidu Inc. to smartphone maker Xiaomi Corp. and networks giant Huawei Technologies Co. have pledged almost $19 billion into the EV and autonomous driving space since the start of the year alone.\nSmaller companies like Nio — which is listed with compatriots Xpeng Inc. and Li Auto Inc. in New York, putting them on the radar of U.S. investors — will face greater pressure as multinationals enter the fray, said Zhang Xiang, an auto-industry researcher at North China University of Technology in Beijing.\n“It’s by no means a time they can rest easy.”\nNio has already had one near-death experience.\nCarmaking is typically a capital-intensive business, but with Nio, Li has sought to create a brand beyond the vehicles, an approach he describes as “the pursuit of being a user-enterprise.’’ The most visible manifestation of that was the Nio House, an elite drop-in center for the company’s customers — even offering art and music classes for their kids — and located on prime real estate in some of China’s biggest cities. It was coupled with extravagant marketing events. The carmaker holds annual Nio Days, and at the first in 2017 paid for flights and luxury hotels for everyone who ordered a vehicle a year before production started. R&B star Bruno Mars headlined the 2018 event. When its public charging facilities are overwhelmed, Nio has a fleet of cars that can take portable battery chargers to users wherever they’re parked.\nSuch largesse, along with a major recall after some cars caught fire just as China shifted subsidies from EV purchases to support the charging network, saw Nio rack up $5 billion of losses in its first four years of existence (Tesla took about 15 years to reach that particular milestone). By the second quarter of 2019, the company was losing around $5 million a day.\n“It was our darkest time,’’ Li said. A team met nightly to comb through expenses, from salaries to the cost of Nio Houses. “It was easy to calculate how much we could earn from selling cars, but we had to mind for everything to sustain a normal operation,’’ he said. “Every dollar counted.”\nBy October 2019, it looked like the gig was up. After posting a worse-than-expected quarterly loss, Nio’s shares plunged to a record low of $1.32. At its nadir, the carmaker had lost more than 70% of its market capitalization — about $5 billion in value — from its New York initial public offering a year earlier.\nEven a $200 million cash injection from a sale of convertible notes to Li and an affiliate of Chinese tech giant Tencent Holdings Ltd. — an early investor in both Nio and Tesla — wasn’t enough to shore up the company’s seemingly insatiable need for cash.\nThe setbacks kept coming. Nio couldn’t afford the final payment on an imported stamping presser, a large machine used to shape a car’s panels. Worse, it had to sell the presser at a discount to Tesla, which promptly installed it in its new Shanghai plant, built with loans and support facilitated  by the government. Soon after, a deal for as much as 10 billion yuan ($1.6 billion) in funding from a Beijing local government-backed firm fell apart. Analysts started to openly speculate that Nio may be delisted or taken over. The situation got so dire that in late 2019, He Xiaopeng, the engineer founder of Guangzhou-based Xpeng, itself in a tenuous position with just 3 billion yuan in cash, proposed a merger of the two struggling electric carmakers, according to an interview He gave to Chinese state media. Li rejected the offer.\n“Nio was already in the intensive care unit, while Xpeng was waiting outside,’’ Li recalled. “A merger would bury both of us.”\n(Xpeng went on to be the third Chinese EV startup to list in the U.S., raising $1.5 billion in August 2020. The surge of investment in the space has seen its shares more than double, even accounting for a recent dip, and the company is now setting up a third Chinese production base to meet demand.)\nThen came the lifeline that showed the lengths China will go to maintain its ambition of creating a world-leading EV industry.\nIn early 2020, the municipal government in Hefei — the capital of Li’s home province of Anhui, about 600 miles southeast of Beijing — came knocking. Despite the onset of the coronavirus pandemic, which initially paralyzed car sales, a deal was struck in which the Hefei government would lead an injection of 10 billion yuan into Nio, more than the company’s entire revenue for 2019.\nComing just months after Nio said it wouldn’t have enough money to  continue operating for another year unless it got more funds, the agreement essentially provided the company with a state-backed security blanket. That can be a key advantage in China, where the government is the biggest player in almost every industry and has a hand in everything from manufacturing permits to access to capital. It could also provide a decisive edge over Tesla, which seems to have lost the favor it enjoyed early on with Beijing, as tensions with Washington continue to simmer under President Joe Biden’s administration.\nFor Nio, the quid-pro-quo was supporting local industry. The company abandoned plans to build a factory in Shanghai in early 2019, and instead — unlike Tesla and most traditional automakers — it pays a government-owned manufacturer in Hefei called Jianghuai Automobile Group Co., or JAC, to make its cars. The deal was extended last month for another three years, with JAC agreeing to double monthly capacity to 20,000 vehicles.\n“When William Li brought his proposal to us, most people thought it was fantasy that a Chinese carmaker planned to build first-rate intelligent electric vehicles,’’ former JAC Chairman An Jin said.  “I might be the person with the best knowledge of how Nio came along, with all the challenges and difficulties. In its hardest time, William even devoted his own money to solve the problem. That’s how he fought for his dreams.’’\nAt an April 7 ceremony to mark the production of Nio’s 100,000th vehicle, Li said he would work with the Hefei government to establish an intelligent-vehicle production base, including an R&D facility. Construction started later that month, and the industrial park is expected to eventually house manufacturing workshops, along with other players in the EV supply chain.\nThe Hefei pact, described as a government bailout by Sanford C. Bernstein’s senior analyst Robin Zhu, “put speculation around Nio’s funding issues to bed, at least in the foreseeable future,” he said.\nLi, though, also credits his loyal customer base. “We sold over 8,000 cars in the fourth quarter of 2019, which was pivotal to our survival,’’ he said. “That’s why I always say that our customers saved us. Even if we sold 500 or 1,000 fewer vehicles, that could have triggered a total collapse.’’\nStill, the experience was chastening. Nio cut about a quarter of its workforce, slowed its efforts on autonomous driving, delayed wage payments for managers and spun off some non-core businesses. While the rollout of the costly Nio Houses was suspended for more than a year, the strategy of putting Nio ownership at the center of an owners’ lifestyle and creating an aura of exclusivity, wasn’t forsaken with more modest Nio Spaces rolled out. Usually around 100-200 square meters (1,100-2,150 square feet), Nio Spaces are located in cheaper locales and also sometimes in smaller cities. They cost about 1 million yuan to set up, much less expensive than the more salubrious Nio Houses.\nIt seems to have worked — for now. Nio is still yet to turn a profit but its sales have risen steadily since — topping $1 billion for the first time in the three months to Dec. 31, 2020. The company narrowed its net loss in the first quarter of 2021 to 451 million yuan, down from 1.69 billion yuan a year earlier and 1.39 billion yuan in the fourth quarter of 2020. Even the businesses that underpin Nio’s lifestyle brand are making money, contributing to 1.1 billion yuan in revenue from non-vehicle sales last year, according to the company’s annual report.\n“To enter the car industry and survive isn’t easy,’’ said Jochen Goller, BMW’s China CEO. “Some others have disappeared. I have met with William Li a couple of times and I have to say I am impressed by what he has achieved. Nio is also creating awareness for battery cars, and having the right brands in the segment is helping the market.’’\nThe Hefei deal also came around the same time as investors cottoned on to the EV revolution, putting a rocket under Nio’s shares. They surged more than 1,110% last year, besting even the rally that propelled Tesla into the S&P 500 Index. The stock has given up some of those gains since as enthusiasm has eased, but with a market value of $70 billion, Nio is still bigger than Ford Motor Co.\nIt’s a long way from Li’s relatively humble beginnings. Raised by his grandparents in a small village in the hills of Anhui, known for farming and — more recently — the automobile industry, Li calls himself one of China’s “first generation of `left-behind’ children’’ because both his parents moved to the neighboring province of Jiangsu to pursue better work. There was no electricity in the village until Li was in his teens.\nWhile majoring in sociology at Peking University, one of China’s top colleges, Li started his first business — leasing internet servers and helping clients register domain names. The auto industry is where Li has enjoyed his greatest success, however, with the three listed companies he founded in the past 20 years all related to cars. His first, a vehicle-pricing portal called BitAuto Holdings Ltd. was acquired last year by Yiche Holding Ltd. for $2.8 billion, propelling Li’s personal fortune to $7 billion. That was followed by online auto-finance platform Yixin Group Ltd., which listed in Hong Kong in late 2017.\nThen came Nio. In an internal presentation in 2016, Li recalled looking out the window of his apartment at Beijing’s smoggy skies before the birth of his first son, and decided something needed to be done to tackle the country’s chronic pollution. He started Nio in late 2014 with funding from a group of well-known investors, including Li Auto founder Li Xiang and Richard Liu, the founder of e-commerce portal JD.com. Xiaomi’s Lei Jun was also an early backer.\nWhen he’s not dining with super-fans, Li’s workday calendar is packed. On a recent Tuesday at the company’s corporate headquarters — which remain in the slick financial capital of Shanghai — he spent the morning locked in executive committee meetings. In the afternoon, it was more back-to-back meetings with the company’s battery partner, designers, and clients from Europe. In a first, Nio recently announced plans to start selling cars in EV hotbed Norway.\nBut while the company is on much firmer ground than 18 months ago, questions remain.\n“Auto manufacturing has big economies of scale, and at less than 100,000 units a year, Nio hasn’t yet reached the production volume to realize all of those efficiencies,” said Robert Cowell, an equity analyst at Shanghai-based 86Research.\nCost issues linger, with the price of raw materials used in batteries, the most expensive part of an EV, including lithium-ion compound, soaring in recent months. Like most global automakers, Nio has also been hit by a worldwide shortage of the chips used increasingly in modern cars, leading to the suspension of production in Hefei for five days at the end of March. And despite the intensifying competition in an industry defined by technological advances and consumers drawn to the next shiny thing, Nio isn’t planning on unveiling any new models until late this year or early 2022.\nRead more: Why Nio Should Resist the Siren Song of Norway\nWhile Tesla is the main competitor in view, it’s the rivals to come that Li sees as the biggest threat.\n“The final game won’t start until tech giants are in,” he said. In March, Xiaomi unveiled plans to invest about $10 billion in manufacturing EVs, while Huawei has collaborated on at least two cars and is developing autonomous driving technologies. Lurking in the background is the biggest tech giant of all — Apple, which has long harbored ambitions to make its own, self-driving car.\n“I trust companies like Apple for their determination, software development, intelligence capability, and user connection,’’ Li said. “It’s going to be different competition from traditional car companies.”\nBut like Musk and other EV evangelists, Li is looking to the long game. “I’m very optimistic,” he said. “By 2030, 90% of the newly launched cars will be electric, or even 95%.”\nFor the Nio fans gathered in Shanghai that Sunday evening, that future is already here.\nWith the event drawing to a close, owners pose for a large group photo with Li at its center, everyone flashing thumbs up. As the lights dim, Li slips out of the hall and into the night, where his driver — in a white Nio ES8 — waits to take him home.","news_type":1,"symbols_score_info":{"LI":0.9,"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138171492,"gmtCreate":1621921368416,"gmtModify":1634185463813,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Slowly but surely","listText":"Slowly but surely","text":"Slowly but surely","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/138171492","repostId":"1183612593","repostType":4,"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193235801,"gmtCreate":1620789551103,"gmtModify":1634196275515,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"I still prefer apple","listText":"I still prefer apple","text":"I still prefer apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/193235801","repostId":"2134698127","repostType":4,"repost":{"id":"2134698127","kind":"news","pubTimestamp":1620779160,"share":"https://ttm.financial/m/news/2134698127?lang=&edition=full","pubTime":"2021-05-12 08:26","market":"us","language":"en","title":"Here's why this trader is shorting Apple stock and buying gold","url":"https://stock-news.laohu8.com/highlight/detail?id=2134698127","media":"Yahoo Finance","summary":"The Nasdaq Composite  managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, $one$ trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple .Tech stocks have been lagging the Dow and S&P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretc","content":"<p>The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, <a href=\"https://laohu8.com/S/AONE\">one</a> trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple (AAPL).</p><p>Tech stocks have been lagging the Dow and S&amp;P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretches back to the end of the second quarter of 2020.</p><p>\"The underperformance started [on] Labor Day last year at the end of the summer, and that's when they all peaked ... Amazon has done nothing since then. It's not just tech [stocks], it's really big growth [stocks] and even small cap growth [stocks]. Growth in general peaked at the end of last summer — Apple, Amazon (AMZN), all of them on a relative basis.\"</p><p>The two biggest outperforming S&amp;P 500 sectors this year are energy and financials. The Energy Select Sector SPDR Fund (XLE) is up 38% and the Financial Select Sector SPDR Fund (XLF) is up 26% year-to-date. Parets says, \"[T]he big winners have been coming out of value [stocks] ... Financials, Berkshire [Hathaway], energy ... Those have been the winners. The losers have been the growth stocks.\"</p><h2>2021 is not 2020</h2><p>Parets also notes the different market environment this year compared to last year — a phenomenon many investors may not be noticing. \"There's so much more evidence that 2021 is just not what 2020 was, right? It is a completely different type of market, and some investors are able to adjust and see the information coming in and act accordingly. And some investors just like to sit on their hands and hope that last year's market was going to continue to be this year's market. I see it every day, and they're paying a price for it,\" he says.</p><p>Parets outlines his trading style using the recent highs of certain trading instruments as a line in the sand. If the price is below the level, he's thinking bearishly. \"[If the index level is] below the February highs in small caps or the Nasdaq, under no circumstances can we be long ... Bottom line is there's no reason to be long if the Nasdaq or small caps are below those February highs.\"</p><p>Apple stock, like many of its peers, has gone largely sideways since September despite making a nominal record high in January. Parets likes a short in Apple based on its relative underperformance, and issues a warning to fund managers who may be loading up on growth stocks at the expense of risk management.</p><p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/7c956ff0-b29d-11eb-afd7-bb72120e4af7\" tg-width=\"1900\" tg-height=\"902\" referrerpolicy=\"no-referrer\"><span>JC Parets breaks down an Apple short</span></p><p>\"I'm hearing that [Ark Investment Management CEO] Cathie Wood considers Apple her cash equivalent. That's pretty scary if you ask me. So, I really like the short a lot. Notice those September highs — where we got to in September was 138. We tried to get back there in January and failed. Most recently, we tried to get back there last month and failed, again. That's the level, 138. If you're below 138, under no circumstances can you own Apple ... I prefer to be short. And how low could it go? ... I could go real low. Why can't it get back toward 100?\" says Parets.</p><h2>Gold making a comeback</h2><p>Parets also highlights how defensive sectors and instruments have been perking up since the March lows. He uses a generalized trading maxim to illustrate how the trends in defensive stocks morphed from bearish to bullish.</p><p>\"First thing assets need to do before they [start going up] is to stop going down. And over the last year, what were the worst assets? Bonds, yen, gold, staples on a relative bases. All the defensive areas were the worst place to be. And that changed in the first quarter of this year. They stopped going down, and over the last couple months, they've actually been going up,\" says Parets.</p><p>When it comes to things that have started to go up, Parets is looking at playing gold. \"We've been bullish gold. That trade's been working — not just the metal, also the [gold] miners as well. Yen stopped going down, bonds stopped going down. They're not really going up, but they're not going down either. And [with consumer] staples, utilities, [and] REITs outperforming, does that remind you of an environment where stocks are doing well? Or should they be doing poorly?\" he asks.</p><p>Separately, Lee Munson, president and CIO at Portfolio Wealth Advisors, is also telling Yahoo Finance Live he likes gold as an investment because the environment for the precious metal has fundamentally changed. \"What moved gold in the past is not what is moving it right now. We have had a regime change. Generally, I see gold as something that tends to go up when the Fed's balance sheet expands. Some people think the balance sheet can't expand anymore. That's what I call 'BS',\" he says.</p>","source":"yahoofinance","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>Here's why this trader is shorting Apple stock and buying gold</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\">\nHere's why this trader is shorting Apple stock and buying gold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","IWM":"罗素2000指数ETF","AAPL":"苹果"},"source_url":"https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2134698127","content_text":"The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, one trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple (AAPL).Tech stocks have been lagging the Dow and S&P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretches back to the end of the second quarter of 2020.\"The underperformance started [on] Labor Day last year at the end of the summer, and that's when they all peaked ... Amazon has done nothing since then. It's not just tech [stocks], it's really big growth [stocks] and even small cap growth [stocks]. Growth in general peaked at the end of last summer — Apple, Amazon (AMZN), all of them on a relative basis.\"The two biggest outperforming S&P 500 sectors this year are energy and financials. The Energy Select Sector SPDR Fund (XLE) is up 38% and the Financial Select Sector SPDR Fund (XLF) is up 26% year-to-date. Parets says, \"[T]he big winners have been coming out of value [stocks] ... Financials, Berkshire [Hathaway], energy ... Those have been the winners. The losers have been the growth stocks.\"2021 is not 2020Parets also notes the different market environment this year compared to last year — a phenomenon many investors may not be noticing. \"There's so much more evidence that 2021 is just not what 2020 was, right? It is a completely different type of market, and some investors are able to adjust and see the information coming in and act accordingly. And some investors just like to sit on their hands and hope that last year's market was going to continue to be this year's market. I see it every day, and they're paying a price for it,\" he says.Parets outlines his trading style using the recent highs of certain trading instruments as a line in the sand. If the price is below the level, he's thinking bearishly. \"[If the index level is] below the February highs in small caps or the Nasdaq, under no circumstances can we be long ... Bottom line is there's no reason to be long if the Nasdaq or small caps are below those February highs.\"Apple stock, like many of its peers, has gone largely sideways since September despite making a nominal record high in January. Parets likes a short in Apple based on its relative underperformance, and issues a warning to fund managers who may be loading up on growth stocks at the expense of risk management.JC Parets breaks down an Apple short\"I'm hearing that [Ark Investment Management CEO] Cathie Wood considers Apple her cash equivalent. That's pretty scary if you ask me. So, I really like the short a lot. Notice those September highs — where we got to in September was 138. We tried to get back there in January and failed. Most recently, we tried to get back there last month and failed, again. That's the level, 138. If you're below 138, under no circumstances can you own Apple ... I prefer to be short. And how low could it go? ... I could go real low. Why can't it get back toward 100?\" says Parets.Gold making a comebackParets also highlights how defensive sectors and instruments have been perking up since the March lows. He uses a generalized trading maxim to illustrate how the trends in defensive stocks morphed from bearish to bullish.\"First thing assets need to do before they [start going up] is to stop going down. And over the last year, what were the worst assets? Bonds, yen, gold, staples on a relative bases. All the defensive areas were the worst place to be. And that changed in the first quarter of this year. They stopped going down, and over the last couple months, they've actually been going up,\" says Parets.When it comes to things that have started to go up, Parets is looking at playing gold. \"We've been bullish gold. That trade's been working — not just the metal, also the [gold] miners as well. Yen stopped going down, bonds stopped going down. They're not really going up, but they're not going down either. And [with consumer] staples, utilities, [and] REITs outperforming, does that remind you of an environment where stocks are doing well? Or should they be doing poorly?\" he asks.Separately, Lee Munson, president and CIO at Portfolio Wealth Advisors, is also telling Yahoo Finance Live he likes gold as an investment because the environment for the precious metal has fundamentally changed. \"What moved gold in the past is not what is moving it right now. We have had a regime change. Generally, I see gold as something that tends to go up when the Fed's balance sheet expands. Some people think the balance sheet can't expand anymore. That's what I call 'BS',\" he says.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"AAPL":0.9,"IWM":0.9}},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190805530,"gmtCreate":1620609315420,"gmtModify":1634197769333,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Definitely a good entry price","listText":"Definitely a good entry price","text":"Definitely a good entry price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/190805530","repostId":"1107149009","repostType":4,"repost":{"id":"1107149009","kind":"news","pubTimestamp":1620608854,"share":"https://ttm.financial/m/news/1107149009?lang=&edition=full","pubTime":"2021-05-10 09:07","market":"us","language":"en","title":"Opinion: Should you buy Nio stock? The company may be light on profits, but it’s heavy on momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1107149009","media":"MarketWatch","summary":"MarketWatch readers frequently search for news on Chinese electric vehicle upstart Nio Inc. — and fo","content":"<p>MarketWatch readers frequently search for news on Chinese electric vehicle upstart Nio Inc. — and for good reason. The dynamic company has been volatile in the last year or so, and each day seems to bring a new set of headlines that have potential to move the stock.</p><p>This quarterly review of NioNIO,+0.71%Inc.’sstock aims to look beyond the latest headlines. We will show comparisons of key metrics to watch and a summary of the company’s most important issues to help investors make better decisions.</p><p>These updates will also include comparisons of results to competitors. Keep in mind that no two companies are alike — even rivals don’t compete in every space. Any investor needs to do their own research to make informed long-term decisions.</p><p><b>Where Nio fits in</b></p><p>It’s undeniable that Nio is red hot lately, with a share price that has surged to almost $40 from $3 in early 2020. However, share price is only one reflection of a company’s health.</p><p>When you look at the landscape of the most widely traded automaker stocks right now, including traditional manufacturers such as General Motors Co.GM,+0.46%and the EV icon Tesla Inc.TSLA,+1.33%,Nio is decidedly smaller as an actual business. Though its nearly $70 billion in market value puts its stock on par with legacy companies like GM, balance-sheet statistics show the two companies aren’t even close.</p><p>This is the fundamental challenge for investors trying to value Nio’s shares. Do you place your emphasis on metrics such as revenue, manufacturing assets and total vehicles sold? Or are you betting on the future state of this dynamic company rather than cold statistics from last quarter that may already be out of date?</p><p><b>Key metrics</b></p><p>Growth is important for Nio investors, and it’s undeniable that the company is seeing an impressive expansion. That’s particularly true over the last year in what was otherwise a fairly hostile environment for car sales.</p><p>First, let’s look at operational metrics before we get to the much-followed growth rate in vehicles sold to illustrate how much smaller Nio is than legacy automakers that may be similarly valued by market cap.</p><p><b>Assets and cash</b></p><p>Consider that GM had $238 billion in assets at the end of 2020. Nio didn’t even have $10 billion!&nbsp;What’s more, lest you think this is all attributed to its extensive manufacturing facilities, over $29 billion of GM’s assets were cold, hard cash.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0a4f16a7dd24406c4b94b4746151ae7\" tg-width=\"620\" tg-height=\"218\"><span>(FACTSET)Sales growth</span></p><p>Similarly, the numbers of vehicles Nio has been selling haven’t even been close to those of larger rivals. The company sold just under 44,000 vehicles last year. That compares with nearly 3.4 million vehicles sold for GM and 10.7 million for Toyota Motor Corp.TM,+0.45%across all its brands.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cca28fb993027bea9960aab59492590\" tg-width=\"620\" tg-height=\"233\"><span>(COMPANY FILINGS)</span></p><p>Of course, this lower base means more potential to many investors rather than a reason to be scared away from Nio’s stock. During the first quarter, Nio sold five times as many cars as it did in the same period a year earlier. That growth rate blows the doors off everyone, even Tesla.</p><p>And just as the total number of vehicles increased dramatically, so naturally did Nio’s top line. But as we will see, that uptick in revenue has yet to translate to significant profits.</p><p><b>Pricing power and profitability</b></p><p>The rapid expansion of vehicle sales naturally has resulted in soaring revenue. However, the Chinese EV upstart continues to operate at a loss.</p><p>Gross margins have admittedly improved, but profit forecasts for fiscal 2022 are still negative for Nio. And more importantly, when you look at peers including legacy automakers, it doesn’t appear realistic that Nio could see outsized improvement from its current gross margins that are in-line with the rest of the industry. That means as it continues to invest heavily in future growth, investors may have to make their peace with the fact that the company is trading current profit potential for that vision.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fac8320312f703cce2a0a6924f5f95ea\" tg-width=\"620\" tg-height=\"169\"><span>(FACTSET)Free cash flow</span></p><p>Free cash flow is another area where Nio has a bit of &nbsp;work to do, particularly if it wants to win over investors who care about this metric, which measures how much money is on hand at a company after it pays the bills for regular operations. Based on the last 12 months, free cash flow has firmed up but is still barely out of the red.</p><p>However, as a smaller company that is scaling up rapidly, it is reasonable to expect this kind of gap between Nio and its more mature peers as it comes into its own. By contrast, established firms like GM and Toyota that saw serious cash flow concerns over the last year don’t have the same excuse. Rather, these automakers seem to be burdened by structural challenges — including the specific costs associated with scaling up EV operations to evolve and meet the challenges and opportunities of a modern auto marketplace.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1db2ab979c31363ccd9a7592452866bf\" tg-width=\"620\" tg-height=\"193\"><span>(FACTSET)Stock valuation and performance</span></p><p>As you’ve no doubt determined on your own, there are really two different ways to value momentum stocks such as Nio. One involves a reliance on traditional metrics like sales and profitability, while the other is a more aspirational look at where the company could be headed in the future.</p><p>From a traditional perspective, Nio is worrisome because it has no profits to speak of. It’s also not exactly a hot stock lately, as shares have drawn back in recent months and are negative for the year so far. However, the shares have gains of more than 900% in the last 12 months.</p><p>In fact, for those who call Nio “the next Tesla,” it’s not an entirely unreasonable comparison — and considering Tesla’s three-year and five-year returns despite only recently moving into profitability, that could be music to investors’ ears.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d107af6471b7b06ee9f3d570961f2d7\" tg-width=\"620\" tg-height=\"248\"><span>(FACTSET)Wall Street’s opinion</span></p><p>The million-dollar question is whether Nio can keep up both its growth trends and its long-term appeal to investors who aren’t concerned with near-term numbers. Based on its most recent numbers, that trend could still be intact — but it is far from certain.</p><p>Analysts aren’t exactly bearish on Nio, with 63% of Wall Street experts rating the stock a buy and the implied 12-month upside on shares a juicy 59% based on consensus price targets.</p><p>However, it’s interesting to see that legacy automakers as a group are generally thought of better, with more “buy” ratings even if the upside isn’t as dramatic. Excluding Ford Motor Co.F,+0.68%,both GM and Toyota have better support among the analyst community.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef1f9e3753e120173a8c04b305ff7d14\" tg-width=\"620\" tg-height=\"287\"><span>(FACTSET)</span></p><p>The question for Nio investors is pretty simple: Do you want to bank on the less dynamic but more established automakers, or do you want to take on more risk in this Chinese upstart in pursuit of bigger potential gains?</p>","source":"market_watch","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>Opinion: Should you buy Nio stock? The company may be light on profits, but it’s heavy on momentum</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\">\nOpinion: Should you buy Nio stock? The company may be light on profits, but it’s heavy on momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/should-you-buy-nio-stock-the-company-may-be-light-on-profits-but-its-heavy-on-momentum-11620408021?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MarketWatch readers frequently search for news on Chinese electric vehicle upstart Nio Inc. — and for good reason. The dynamic company has been volatile in the last year or so, and each day seems to ...</p>\n\n<a href=\"https://www.marketwatch.com/story/should-you-buy-nio-stock-the-company-may-be-light-on-profits-but-its-heavy-on-momentum-11620408021?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.marketwatch.com/story/should-you-buy-nio-stock-the-company-may-be-light-on-profits-but-its-heavy-on-momentum-11620408021?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107149009","content_text":"MarketWatch readers frequently search for news on Chinese electric vehicle upstart Nio Inc. — and for good reason. The dynamic company has been volatile in the last year or so, and each day seems to bring a new set of headlines that have potential to move the stock.This quarterly review of NioNIO,+0.71%Inc.’sstock aims to look beyond the latest headlines. We will show comparisons of key metrics to watch and a summary of the company’s most important issues to help investors make better decisions.These updates will also include comparisons of results to competitors. Keep in mind that no two companies are alike — even rivals don’t compete in every space. Any investor needs to do their own research to make informed long-term decisions.Where Nio fits inIt’s undeniable that Nio is red hot lately, with a share price that has surged to almost $40 from $3 in early 2020. However, share price is only one reflection of a company’s health.When you look at the landscape of the most widely traded automaker stocks right now, including traditional manufacturers such as General Motors Co.GM,+0.46%and the EV icon Tesla Inc.TSLA,+1.33%,Nio is decidedly smaller as an actual business. Though its nearly $70 billion in market value puts its stock on par with legacy companies like GM, balance-sheet statistics show the two companies aren’t even close.This is the fundamental challenge for investors trying to value Nio’s shares. Do you place your emphasis on metrics such as revenue, manufacturing assets and total vehicles sold? Or are you betting on the future state of this dynamic company rather than cold statistics from last quarter that may already be out of date?Key metricsGrowth is important for Nio investors, and it’s undeniable that the company is seeing an impressive expansion. That’s particularly true over the last year in what was otherwise a fairly hostile environment for car sales.First, let’s look at operational metrics before we get to the much-followed growth rate in vehicles sold to illustrate how much smaller Nio is than legacy automakers that may be similarly valued by market cap.Assets and cashConsider that GM had $238 billion in assets at the end of 2020. Nio didn’t even have $10 billion! What’s more, lest you think this is all attributed to its extensive manufacturing facilities, over $29 billion of GM’s assets were cold, hard cash.(FACTSET)Sales growthSimilarly, the numbers of vehicles Nio has been selling haven’t even been close to those of larger rivals. The company sold just under 44,000 vehicles last year. That compares with nearly 3.4 million vehicles sold for GM and 10.7 million for Toyota Motor Corp.TM,+0.45%across all its brands.(COMPANY FILINGS)Of course, this lower base means more potential to many investors rather than a reason to be scared away from Nio’s stock. During the first quarter, Nio sold five times as many cars as it did in the same period a year earlier. That growth rate blows the doors off everyone, even Tesla.And just as the total number of vehicles increased dramatically, so naturally did Nio’s top line. But as we will see, that uptick in revenue has yet to translate to significant profits.Pricing power and profitabilityThe rapid expansion of vehicle sales naturally has resulted in soaring revenue. However, the Chinese EV upstart continues to operate at a loss.Gross margins have admittedly improved, but profit forecasts for fiscal 2022 are still negative for Nio. And more importantly, when you look at peers including legacy automakers, it doesn’t appear realistic that Nio could see outsized improvement from its current gross margins that are in-line with the rest of the industry. That means as it continues to invest heavily in future growth, investors may have to make their peace with the fact that the company is trading current profit potential for that vision.(FACTSET)Free cash flowFree cash flow is another area where Nio has a bit of  work to do, particularly if it wants to win over investors who care about this metric, which measures how much money is on hand at a company after it pays the bills for regular operations. Based on the last 12 months, free cash flow has firmed up but is still barely out of the red.However, as a smaller company that is scaling up rapidly, it is reasonable to expect this kind of gap between Nio and its more mature peers as it comes into its own. By contrast, established firms like GM and Toyota that saw serious cash flow concerns over the last year don’t have the same excuse. Rather, these automakers seem to be burdened by structural challenges — including the specific costs associated with scaling up EV operations to evolve and meet the challenges and opportunities of a modern auto marketplace.(FACTSET)Stock valuation and performanceAs you’ve no doubt determined on your own, there are really two different ways to value momentum stocks such as Nio. One involves a reliance on traditional metrics like sales and profitability, while the other is a more aspirational look at where the company could be headed in the future.From a traditional perspective, Nio is worrisome because it has no profits to speak of. It’s also not exactly a hot stock lately, as shares have drawn back in recent months and are negative for the year so far. However, the shares have gains of more than 900% in the last 12 months.In fact, for those who call Nio “the next Tesla,” it’s not an entirely unreasonable comparison — and considering Tesla’s three-year and five-year returns despite only recently moving into profitability, that could be music to investors’ ears.(FACTSET)Wall Street’s opinionThe million-dollar question is whether Nio can keep up both its growth trends and its long-term appeal to investors who aren’t concerned with near-term numbers. Based on its most recent numbers, that trend could still be intact — but it is far from certain.Analysts aren’t exactly bearish on Nio, with 63% of Wall Street experts rating the stock a buy and the implied 12-month upside on shares a juicy 59% based on consensus price targets.However, it’s interesting to see that legacy automakers as a group are generally thought of better, with more “buy” ratings even if the upside isn’t as dramatic. Excluding Ford Motor Co.F,+0.68%,both GM and Toyota have better support among the analyst community.(FACTSET)The question for Nio investors is pretty simple: Do you want to bank on the less dynamic but more established automakers, or do you want to take on more risk in this Chinese upstart in pursuit of bigger potential gains?","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107864594,"gmtCreate":1620467089018,"gmtModify":1634198541837,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Are we seeing a good week?","listText":"Are we seeing a good week?","text":"Are we seeing a good week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/107864594","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185861404,"gmtCreate":1623641591908,"gmtModify":1634030764913,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Palantir for sure","listText":"Palantir for sure","text":"Palantir for sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185861404","repostId":"1180874867","repostType":4,"repost":{"id":"1180874867","kind":"news","pubTimestamp":1623635718,"share":"https://ttm.financial/m/news/1180874867?lang=&edition=full","pubTime":"2021-06-14 09:55","market":"us","language":"en","title":"Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1180874867","media":"Motley Fool","summary":"One is controversial; the other is exposed to more macro headwinds.","content":"<p><b>Palantir</b>&nbsp;(NYSE:PLTR)&nbsp;and&nbsp;<b>C3.ai</b>&nbsp;(NYSE:AI)&nbsp;both help organizations and companies crunch data with AI-powered tools.</p>\n<p>Palantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.</p>\n<p>C3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like&nbsp;<b>Baker Hughes</b>&nbsp;and&nbsp;<b>ENGIE</b>.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0f7a2339e0b8de3ba56318f8cab73d4\" tg-width=\"2000\" tg-height=\"1076\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>Palantir -- which went public via a&nbsp;direct listing&nbsp;last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.</p>\n<p>Both stocks have underperformed the S&amp;P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the&nbsp;booming AI market?</p>\n<p><b>The differences between Palantir and C3.ai</b></p>\n<p>Palantir, which is named after the all-seeing orbs from<i>The Lord of the Ring</i>s, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.</p>\n<p>Palantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.</p>\n<p>C3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.</p>\n<p>C3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.</p>\n<p><b>How fast is Palantir growing?</b></p>\n<p>Palantir's revenue increased 47% to $1.1 billion&nbsp;in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.</p>\n<p>It expanded its government contracts with the FDA, U.S. Army, and&nbsp;U.S. Air Force, and its commercial business attracted big customers including&nbsp;<b>Rio Tinto</b>,<b>PG&amp;E</b>, and&nbsp;<b>BP</b>. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.</p>\n<p>In the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its&nbsp;adjusted EBITDA&nbsp;turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.</p>\n<p>Wall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.</p>\n<p><b>How fast is C3.ai growing?</b></p>\n<p>C3.ai's revenue rose 17% to $183.2 million in&nbsp;fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.</p>\n<p>Its average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like&nbsp;<b>3M</b>,<b>Consolidated Edison</b>,<b>Shell</b>, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.</p>\n<p>C3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.</p>\n<p><b>The valuations and verdict</b></p>\n<p>Palantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as&nbsp;investors rotate&nbsp;from growth to value stocks.</p>\n<p>That said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.</p>\n<p>Therefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.</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>Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?</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\">\nPalantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir (NYSE:PLTR) and C3.ai (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.\nPalantir, which generates more than half its revenue from government contracts, wants ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","AI":"C3.ai, Inc."},"source_url":"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180874867","content_text":"Palantir (NYSE:PLTR) and C3.ai (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.\nPalantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.\nC3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like Baker Hughes and ENGIE.\nIMAGE SOURCE: GETTY IMAGES.\nPalantir -- which went public via a direct listing last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.\nBoth stocks have underperformed the S&P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the booming AI market?\nThe differences between Palantir and C3.ai\nPalantir, which is named after the all-seeing orbs fromThe Lord of the Rings, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.\nPalantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.\nC3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.\nC3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.\nHow fast is Palantir growing?\nPalantir's revenue increased 47% to $1.1 billion in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.\nIt expanded its government contracts with the FDA, U.S. Army, and U.S. Air Force, and its commercial business attracted big customers including Rio Tinto,PG&E, and BP. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.\nIn the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its adjusted EBITDA turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.\nWall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.\nHow fast is C3.ai growing?\nC3.ai's revenue rose 17% to $183.2 million in fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.\nIts average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like 3M,Consolidated Edison,Shell, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.\nC3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.\nThe valuations and verdict\nPalantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as investors rotate from growth to value stocks.\nThat said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.\nTherefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.","news_type":1,"symbols_score_info":{"AI":0.9,"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137670673,"gmtCreate":1622346094192,"gmtModify":1634102156162,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Go get a job and move the economy","listText":"Go get a job and move the economy","text":"Go get a job and move the economy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/137670673","repostId":"1188611521","repostType":4,"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133640984,"gmtCreate":1621745690648,"gmtModify":1634186808744,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"2 secs....","listText":"2 secs....","text":"2 secs....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/133640984","repostId":"1111747453","repostType":4,"repost":{"id":"1111747453","kind":"news","pubTimestamp":1621609858,"share":"https://ttm.financial/m/news/1111747453?lang=&edition=full","pubTime":"2021-05-21 23:10","market":"us","language":"en","title":"Tesla’s New Plaid Model Is Ready. That Should Help the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111747453","media":"Barrons","summary":"Tesla’s updated Model S sedan is ready.CEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.Tesla stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the Dow","content":"<p>Tesla’s updated Model S sedan is ready.</p>\n<p>CEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.</p>\n<p>Beginning deliveries should help the stock—-a little.</p>\n<p>Tesla(ticker: TSLA) stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the&nbsp;Dow Jones Industrial Average.The&nbsp;S&amp;P 500&nbsp;was up 0.5%.</p>\n<p><img src=\"https://static.tigerbbs.com/b73c480440da121bd6da538ca389d0ef\" tg-width=\"834\" tg-height=\"414\"></p>\n<p>The Plaid is billed by Tesla as the fastest production car ever, going zero to 60 in under 2 seconds. A&nbsp;Bugatti Chiron, which costs about $2.3 million and is equipped with a 16-cylinder, four-turbocharger engine, can go zero to 60 in about 2.3 seconds.</p>\n<p>Electric motors have better torque at zero revolutions a minute, giving drivers an incredible jolt from their initial acceleration.</p>\n<p>The&nbsp;Plaid edition&nbsp;of the Model S won’t cost anywhere near as much as a Chiron, but it will still run buyers $120,000 or more. Prices like that mean the car won’t sell in the high volumes seen from the Tesla Model 3 or Model Y. Those cars can be had for what a nicely equipped sedan from&nbsp;BMW&nbsp;(BMW.Germany) or evenToyota Motor&nbsp;(TM) or&nbsp;Honda&nbsp;(HMC) can cost.</p>\n<p>Still, the launch highlights Tesla’s ability to update its designs. The first Model S went into production almost a decade ago. Its performance shows Tesla is improving on its technologies for battery management and electric motors.</p>\n<p>All that is important for perceptions about Tesla, but there are bigger things on investors’ minds. Tesla is building new capacity in Austin, Texas, andBerlin. Investors want to see both plants on line by the end of the year, giving Tesla the output capacity needed to increase sales.</p>\n<p>Investors also want updates about the company’s autonomous driving programs. Musk has boasted the company is close to&nbsp;achieving fully autonomous cars&nbsp;with newer versions of its self-driving software. The new versions probably won’t mean drivers can actually leave the driver seat, but better driver-assistance functions are a competitive advantage for auto makers.</p>\n<p>The next version of the Tesla software is due to roll out in coming weeks.</p>\n<p>Capacity and autonomous driving have the potential to lift the stock in coming years. The Model S Plaid can help it in coming quarters.</p>\n<p>Tesla stock is in need of a lift. Shares are down about 35% from their 52-week high of more than $900, reached in January.</p>","source":"lsy1601382232898","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’s New Plaid Model Is Ready. That Should Help the Stock.</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’s New Plaid Model Is Ready. That Should Help the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s updated Model S sedan is ready.\nCEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111747453","content_text":"Tesla’s updated Model S sedan is ready.\nCEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.\nBeginning deliveries should help the stock—-a little.\nTesla(ticker: TSLA) stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the Dow Jones Industrial Average.The S&P 500 was up 0.5%.\n\nThe Plaid is billed by Tesla as the fastest production car ever, going zero to 60 in under 2 seconds. A Bugatti Chiron, which costs about $2.3 million and is equipped with a 16-cylinder, four-turbocharger engine, can go zero to 60 in about 2.3 seconds.\nElectric motors have better torque at zero revolutions a minute, giving drivers an incredible jolt from their initial acceleration.\nThe Plaid edition of the Model S won’t cost anywhere near as much as a Chiron, but it will still run buyers $120,000 or more. Prices like that mean the car won’t sell in the high volumes seen from the Tesla Model 3 or Model Y. Those cars can be had for what a nicely equipped sedan from BMW (BMW.Germany) or evenToyota Motor (TM) or Honda (HMC) can cost.\nStill, the launch highlights Tesla’s ability to update its designs. The first Model S went into production almost a decade ago. Its performance shows Tesla is improving on its technologies for battery management and electric motors.\nAll that is important for perceptions about Tesla, but there are bigger things on investors’ minds. Tesla is building new capacity in Austin, Texas, andBerlin. Investors want to see both plants on line by the end of the year, giving Tesla the output capacity needed to increase sales.\nInvestors also want updates about the company’s autonomous driving programs. Musk has boasted the company is close to achieving fully autonomous cars with newer versions of its self-driving software. The new versions probably won’t mean drivers can actually leave the driver seat, but better driver-assistance functions are a competitive advantage for auto makers.\nThe next version of the Tesla software is due to roll out in coming weeks.\nCapacity and autonomous driving have the potential to lift the stock in coming years. The Model S Plaid can help it in coming quarters.\nTesla stock is in need of a lift. Shares are down about 35% from their 52-week high of more than $900, reached in January.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102150954,"gmtCreate":1620187031978,"gmtModify":1634207123130,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/102150954","repostId":"1106669817","repostType":4,"repost":{"id":"1106669817","kind":"news","pubTimestamp":1620186328,"share":"https://ttm.financial/m/news/1106669817?lang=&edition=full","pubTime":"2021-05-05 11:45","market":"us","language":"en","title":"Why Amazon and Alphabet may need to split their high-priced stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106669817","media":"CNN","summary":"New York Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason.That's whatAppledid in 2014, and it wasadded to the Dow in early 2015. Applesplit its stock again last year. Elon Musk'sTeslaexecuted its ownstock splitlast year to make its surging stock more accessible to individu","content":"<p>New York (CNN Business)Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason.</p>\n<p>BothAmazon(AMZN)andAlphabet(GOOGL)have stock prices in the quadruple digits. That makes them a no-go for the Dow, which weights its 30 components by share price rather than market value.So if either Amazon (currently priced north of $3,300 a share) or Alphabet (trading at just under $2,300) joined theDow, they would immediately have an outsized impact on the Dow.It wouldn't even be close: The priciest Dow stock currently isUnitedHealth(UNH), and at just over $400 a share, it makes up about 8% of the Dow's weighting.The case for splitting sharesBut if Amazon and Alphabet wanted to join the Dow, there's a solution to this price problem: The companies could announce a stock split, which increases the number of shares of the company has while cutting the price of each share to a more affordable level. It wouldn't change the companies' value.</p>\n<p>That's whatApple(AAPL)did in 2014, and it wasadded to the Dow in early 2015. Applesplit its stock again last year. Elon Musk'sTesla(TSLA)executed its ownstock splitlast year to make its surging stock more accessible to individual investors.</p>\n<p>Beyond the Dow question, splits can be compelling because some experts argue that having a more affordable price for a single share could attract even more investors. But that's admittedly less of an issue due to fractional trading, in which investors can buy a small piece of a company's shares through online brokers like Robinhood, Fidelity or Charles Schwab.There have been rumors about Amazon potentially announcing a split soon, especially now that Jeff Bezos is getting ready tohand over the CEO reinsto AWS headAndy Jassy. But Amazon didn't mention anything about a potential split when the companyreported earnings last week.Amazon was not immediately available for comment when asked by CNN Business if the company was considering a stock split, while a spokesperson for Alphabet declined to comment.High profile companies are 'split' on whether to splitThe pair of tech giants aren't the only companies trading at sky-high stock prices. Priceline ownerBooking(BKNG),Chipotle(CMG)andAutoZone(AZO)are also prominent companies in the S&amp;P 500 with stock prices in excess of $1,000 a share.A Booking spokesperson, when asked by CNN Business about a future stock split, said the company has \"considered this but have not really seen the need to do so as of now.\"Chipotle chief financial officer Jack Hartung said in an email to CNN Business that \"we do not have any plans to split our stock at this time, but if we see an opportunity to enhance shareholder value and remove impediments to interested investors owning our stock, we will discuss the opportunity with our Board.\"</p>\n<p>AutoZone was not immediately available for comment.Meanwhile, several other high-profile companies in addition to Apple and Tesla have announced stock splits lately.Spice companyMcCormick(MKC)split its stock in December — its first split in about 20 years. Paint giantSherwin-Williams(SHW)split in April \"to make the stock more accessible to employees and a broader base of investors,\" senior vice president of investor relations James Jaye said on a conference call with analysts last month.And railroadCanadian Pacific(CP), which is in a bidding war with rivalCanadian National(CNI)forKansas City Southern(KSU), is preparing for a split later this month. The stock is currently trading around $375 and will split 5 for 1, which will lower the price to around $75 a share.\"The share split will encourage greater liquidity for CP's common shares and provide enhanced opportunities for ownership by a wider group of investors,\" said chief financial officer Nadeem Velani in a recent conference call with analysts.More trouble than they're worth?Not all company leaders are on board with stock splits. At least one major CEO has publicly called them a waste of time.PNC(PNC)CEO William Demchak said at the bank's shareholder meeting last month that \"there's not really a compelling case to be made for a stock split.\" One PNC share costs about $190.\"At one time, the conventional thinking was that when a company's share price got to a certain level, the company would split the stock as a way of foreshadowing expectations of growth and in order to make it more affordable for retail shareholders,\" he said.But Demchak added that \"all the stock split really does is increase costs because it doubles the cost of the mechanics that go into servicing every share.\"\"The split might result in some positive short-term public relations that brings about maybe a short-term bump,\" he added. \"But long term, it would appear that the cost is more than it's worth.\"</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>Why Amazon and Alphabet may need to split their high-priced stocks</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\">\nWhy Amazon and Alphabet may need to split their high-priced stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/05/04/investing/amazon-alphabet-google-stock-split/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet ...</p>\n\n<a href=\"https://edition.cnn.com/2021/05/04/investing/amazon-alphabet-google-stock-split/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://edition.cnn.com/2021/05/04/investing/amazon-alphabet-google-stock-split/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106669817","content_text":"New York (CNN Business)Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason.\nBothAmazon(AMZN)andAlphabet(GOOGL)have stock prices in the quadruple digits. That makes them a no-go for the Dow, which weights its 30 components by share price rather than market value.So if either Amazon (currently priced north of $3,300 a share) or Alphabet (trading at just under $2,300) joined theDow, they would immediately have an outsized impact on the Dow.It wouldn't even be close: The priciest Dow stock currently isUnitedHealth(UNH), and at just over $400 a share, it makes up about 8% of the Dow's weighting.The case for splitting sharesBut if Amazon and Alphabet wanted to join the Dow, there's a solution to this price problem: The companies could announce a stock split, which increases the number of shares of the company has while cutting the price of each share to a more affordable level. It wouldn't change the companies' value.\nThat's whatApple(AAPL)did in 2014, and it wasadded to the Dow in early 2015. Applesplit its stock again last year. Elon Musk'sTesla(TSLA)executed its ownstock splitlast year to make its surging stock more accessible to individual investors.\nBeyond the Dow question, splits can be compelling because some experts argue that having a more affordable price for a single share could attract even more investors. But that's admittedly less of an issue due to fractional trading, in which investors can buy a small piece of a company's shares through online brokers like Robinhood, Fidelity or Charles Schwab.There have been rumors about Amazon potentially announcing a split soon, especially now that Jeff Bezos is getting ready tohand over the CEO reinsto AWS headAndy Jassy. But Amazon didn't mention anything about a potential split when the companyreported earnings last week.Amazon was not immediately available for comment when asked by CNN Business if the company was considering a stock split, while a spokesperson for Alphabet declined to comment.High profile companies are 'split' on whether to splitThe pair of tech giants aren't the only companies trading at sky-high stock prices. Priceline ownerBooking(BKNG),Chipotle(CMG)andAutoZone(AZO)are also prominent companies in the S&P 500 with stock prices in excess of $1,000 a share.A Booking spokesperson, when asked by CNN Business about a future stock split, said the company has \"considered this but have not really seen the need to do so as of now.\"Chipotle chief financial officer Jack Hartung said in an email to CNN Business that \"we do not have any plans to split our stock at this time, but if we see an opportunity to enhance shareholder value and remove impediments to interested investors owning our stock, we will discuss the opportunity with our Board.\"\nAutoZone was not immediately available for comment.Meanwhile, several other high-profile companies in addition to Apple and Tesla have announced stock splits lately.Spice companyMcCormick(MKC)split its stock in December — its first split in about 20 years. Paint giantSherwin-Williams(SHW)split in April \"to make the stock more accessible to employees and a broader base of investors,\" senior vice president of investor relations James Jaye said on a conference call with analysts last month.And railroadCanadian Pacific(CP), which is in a bidding war with rivalCanadian National(CNI)forKansas City Southern(KSU), is preparing for a split later this month. The stock is currently trading around $375 and will split 5 for 1, which will lower the price to around $75 a share.\"The share split will encourage greater liquidity for CP's common shares and provide enhanced opportunities for ownership by a wider group of investors,\" said chief financial officer Nadeem Velani in a recent conference call with analysts.More trouble than they're worth?Not all company leaders are on board with stock splits. At least one major CEO has publicly called them a waste of time.PNC(PNC)CEO William Demchak said at the bank's shareholder meeting last month that \"there's not really a compelling case to be made for a stock split.\" One PNC share costs about $190.\"At one time, the conventional thinking was that when a company's share price got to a certain level, the company would split the stock as a way of foreshadowing expectations of growth and in order to make it more affordable for retail shareholders,\" he said.But Demchak added that \"all the stock split really does is increase costs because it doubles the cost of the mechanics that go into servicing every share.\"\"The split might result in some positive short-term public relations that brings about maybe a short-term bump,\" he added. \"But long term, it would appear that the cost is more than it's worth.\"","news_type":1,"symbols_score_info":{"AMZN":0.9,"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108880956,"gmtCreate":1620010419875,"gmtModify":1634208546727,"author":{"id":"3562475148249558","authorId":"3562475148249558","name":"Stingers","avatar":"https://static.tigerbbs.com/c99c07f753850d085aa23040bff2acf8","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562475148249558","authorIdStr":"3562475148249558"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/108880956","repostId":"1146143312","repostType":4,"repost":{"id":"1146143312","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620009785,"share":"https://ttm.financial/m/news/1146143312?lang=&edition=full","pubTime":"2021-05-03 10:43","market":"hk","language":"en","title":"Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=1146143312","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks","content":"<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p>\n<p>The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p>\n<p>Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p>\n<p><b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p>\n<p>The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p>\n<p>The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p>\n<p><b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p>\n<p>JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p>\n<p>JD stock closed 0.6% lower at $77.36 on Friday.</p>\n<p><b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p>\n<p>The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p>\n<p>“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p>\n<p>Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p>\n<p>Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</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>Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals</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\">\nCathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals\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\">2021-05-03 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p>\n<p>The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p>\n<p>Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p>\n<p><b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p>\n<p>The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p>\n<p>The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p>\n<p><b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p>\n<p>JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p>\n<p>JD stock closed 0.6% lower at $77.36 on Friday.</p>\n<p><b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p>\n<p>The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p>\n<p>“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p>\n<p>Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p>\n<p>Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","JD":"京东","09618":"京东集团-SW","ARKX":"ARK Space Exploration & Innovation ETF","ARKW":"ARK Next Generation Internet ETF","PDD":"拼多多","09988":"阿里巴巴-W","BABA":"阿里巴巴","MPNGY":"美团ADR","ARKF":"ARK Fintech Innovation ETF","03690":"美团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146143312","content_text":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE:BABA) in the e-commerce and online groceries space.\nThe Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.\nWood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.\nPinduoduo Inc (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.\nThe Ark Fintech Innovation ETF (NYSE:ARKF) and the ArkNext Generation Internet ETF (NYSE:ARKW) currently hold the PDD shares.\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nShares of Pinduoduo closed 2.59% lower at $133.93 on Friday.\nJD.com Inc (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the Autonomous Technology & Robotics ETF (BATS:ARKQ) and the Space Exploration & Innovation ETF (BATS:ARKX).\nJD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.\nJD stock closed 0.6% lower at $77.36 on Friday.\nMeituan (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.\nThe New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.\n“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.\nMeituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.\nMeituan OTC shares closed 2.48% lower at $76.64 on Friday.","news_type":1,"symbols_score_info":{"03690":0.9,"09618":0.9,"09988":0.9,"ARKF":0.9,"ARKQ":0.9,"ARKW":0.9,"ARKX":0.9,"BABA":0.9,"JD":0.9,"MPNGY":0.9,"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}