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Down Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?
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While some stocks are hovering around their all-time highs, many growth stocks are actually down a lot for the year, and some are close to their 52-week lows.</p>\n<p><b>Lucid Group</b>(NASDAQ:LCID),<b>Rivian Automotive</b>(NASDAQ:RIVN),<b>Nio</b>(NYSE:NIO), and <b>Tesla</b>(NASDAQ:TSLA) are four high-profile electric vehicle (EV) stocks that are all down 25% or more from their highs. Here's the lowdown on each, as well as the best one to buy now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a625e7f56da175a14e5d6cbfcdce47c\" tg-width=\"2000\" tg-height=\"1000\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: NIO.</span></p>\n<p><b>Lucid has some serious upside</b></p>\n<p>Share prices of Lucid Group are down 38% from their high as the up-and-coming electric sedan company faces what should be a challenging 2022. Lucid delivered on its promises in 2021 by expanding its manufacturing facility, going public and raising cash, entering mass production, and starting customer deliveries. Yet recent events, most notably a U.S. Securities and Exchange Commission (SEC) request for documents that was issued on Dec. 3 and a controversial senior note offering, have taken a toll on Lucid stock of late.</p>\n<p>Despite the bad press, there's reason to believe Lucid could be a great stock to own over the long term. The timing of the senior note offering was fantastic for Lucid, which valued its stock at $54.78 per share (a 37% premium to its share price at the time of this writing). It also gives the company the cash needed to accelerate production, expand manufacturing capacity, and meet a customer demand that currently sits at over 17,000 reservations. Given its incredible battery technology, Lucid could become a staple in the luxury sedan market over time.</p>\n<p><b>Rivian isn't worth $86 billion...yet</b></p>\n<p>Rivian has seen its stock sink as the honeymoon period after its initial public offering (IPO) draws to a close. In fact, Rivian's share price fell over 10% on Dec. 17 after the company reported its Q3 2021 earnings, which was its first report as a public company. Lower-than-expected customer deliveries, wider-than-expected losses, and the harsh reality that it's going to take a lot of money to grow its manufacturing and charging network to the size Rivian hopes added up to an overall disappointing quarter. However, Rivian's reservation numbers are growing at a breakneck pace -- quite a bit faster than Lucid's, in fact. However, until Rivian is able to set goals and then meet or exceed them, it's hard to trust the company's trajectory, let alone value Rivian at $86 billion.</p>\n<p><b>Down but not out</b></p>\n<p>No stock on this list is further off its high than Chinese automaker Nio, which got gut-punched with a 55% drawdown and is now hovering right around its 52-week low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3055b147aea5ec316e8f30352bbd489d\" tg-width=\"720\" tg-height=\"516\" width=\"100%\" height=\"auto\"><span>LCID DATA BY YCHARTS</span></p>\n<p>It wasn't long ago that Nio was getting the same buzz Lucid and Rivian have received the last few months. But lately, it's found itself outside the limelight, or briefly in it for negative reasons.</p>\n<p>Nio has been mass-producing electric cars for a few years now and is becoming an established player in the space.Inconsistent production numbers, and an uncertain growth plan in Europe are all headwinds facing Nio right now. What's more, the SEC is tightening its grip on foreign companies like Nio.</p>\n<p>However, Nio held its highly anticipated Nio Day on Dec. 18, unveiling its new ET5 midsize sedan and making various announcements. Nio is showing no shortage of innovation and could be a great long-term winner.</p>\n<p><b>Firing on all electric motors</b></p>\n<p>Tesla is down \"just\" 25% from its high as investors grapple with valuation concerns for many growth stocks. Tesla isn't the same unprofitable and streaky company it once was, but it is priced to perfection at a 22.5 price-to-sales (P/S) ratio and a 301.8 price-to-earnings (P/E) ratio.</p>\n<p>Despite the sky-high valuation,there's a lot to like about Tesla the company. Its industry-leading operating margin, impressive growth, diverse business, and market-leading position in the growing EV industry are reasons to like the company for years to come.</p>\n<p><b>An EV basket for 2022</b></p>\n<p>Two ways to approach the sell-off in top-tier EV stocks are the basket strategy and the wait-and-see strategy. Investing in, say, a 50/50 split of Lucid and Tesla, or even an equal split of all four companies on this list, gives exposure to multiple aspects of the market while limiting the damage any single company can inflict on your portfolio.</p>\n<p>However, there's a good chance that we are years away from consistent profitability from Lucid, Rivian, or Nio. For many investors, simply waiting for the EV space to mature and then picking a winner may leave some money on the table, but it could be a safer and still rewarding bet.</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>Down Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?</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\">\nDown Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-24 08:28 GMT+8 <a href=https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nLucid and Rivian are unproven but have a lot of potential.\nNio is down big from its high but just gave investors a jolt on Nio Day.\nTesla has a high valuation but is in its best shape ever...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/\">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","RIVN":"Rivian Automotive, Inc.","NIO":"蔚来","LCID":"Lucid Group Inc"},"source_url":"https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128727196","content_text":"Key Points\n\nLucid and Rivian are unproven but have a lot of potential.\nNio is down big from its high but just gave investors a jolt on Nio Day.\nTesla has a high valuation but is in its best shape ever.\n\nDecember has so far been a wild month as the major indices routinely make big moves each day. While some stocks are hovering around their all-time highs, many growth stocks are actually down a lot for the year, and some are close to their 52-week lows.\nLucid Group(NASDAQ:LCID),Rivian Automotive(NASDAQ:RIVN),Nio(NYSE:NIO), and Tesla(NASDAQ:TSLA) are four high-profile electric vehicle (EV) stocks that are all down 25% or more from their highs. Here's the lowdown on each, as well as the best one to buy now.\nIMAGE SOURCE: NIO.\nLucid has some serious upside\nShare prices of Lucid Group are down 38% from their high as the up-and-coming electric sedan company faces what should be a challenging 2022. Lucid delivered on its promises in 2021 by expanding its manufacturing facility, going public and raising cash, entering mass production, and starting customer deliveries. Yet recent events, most notably a U.S. Securities and Exchange Commission (SEC) request for documents that was issued on Dec. 3 and a controversial senior note offering, have taken a toll on Lucid stock of late.\nDespite the bad press, there's reason to believe Lucid could be a great stock to own over the long term. The timing of the senior note offering was fantastic for Lucid, which valued its stock at $54.78 per share (a 37% premium to its share price at the time of this writing). It also gives the company the cash needed to accelerate production, expand manufacturing capacity, and meet a customer demand that currently sits at over 17,000 reservations. Given its incredible battery technology, Lucid could become a staple in the luxury sedan market over time.\nRivian isn't worth $86 billion...yet\nRivian has seen its stock sink as the honeymoon period after its initial public offering (IPO) draws to a close. In fact, Rivian's share price fell over 10% on Dec. 17 after the company reported its Q3 2021 earnings, which was its first report as a public company. Lower-than-expected customer deliveries, wider-than-expected losses, and the harsh reality that it's going to take a lot of money to grow its manufacturing and charging network to the size Rivian hopes added up to an overall disappointing quarter. However, Rivian's reservation numbers are growing at a breakneck pace -- quite a bit faster than Lucid's, in fact. However, until Rivian is able to set goals and then meet or exceed them, it's hard to trust the company's trajectory, let alone value Rivian at $86 billion.\nDown but not out\nNo stock on this list is further off its high than Chinese automaker Nio, which got gut-punched with a 55% drawdown and is now hovering right around its 52-week low.\nLCID DATA BY YCHARTS\nIt wasn't long ago that Nio was getting the same buzz Lucid and Rivian have received the last few months. But lately, it's found itself outside the limelight, or briefly in it for negative reasons.\nNio has been mass-producing electric cars for a few years now and is becoming an established player in the space.Inconsistent production numbers, and an uncertain growth plan in Europe are all headwinds facing Nio right now. What's more, the SEC is tightening its grip on foreign companies like Nio.\nHowever, Nio held its highly anticipated Nio Day on Dec. 18, unveiling its new ET5 midsize sedan and making various announcements. Nio is showing no shortage of innovation and could be a great long-term winner.\nFiring on all electric motors\nTesla is down \"just\" 25% from its high as investors grapple with valuation concerns for many growth stocks. Tesla isn't the same unprofitable and streaky company it once was, but it is priced to perfection at a 22.5 price-to-sales (P/S) ratio and a 301.8 price-to-earnings (P/E) ratio.\nDespite the sky-high valuation,there's a lot to like about Tesla the company. Its industry-leading operating margin, impressive growth, diverse business, and market-leading position in the growing EV industry are reasons to like the company for years to come.\nAn EV basket for 2022\nTwo ways to approach the sell-off in top-tier EV stocks are the basket strategy and the wait-and-see strategy. Investing in, say, a 50/50 split of Lucid and Tesla, or even an equal split of all four companies on this list, gives exposure to multiple aspects of the market while limiting the damage any single company can inflict on your portfolio.\nHowever, there's a good chance that we are years away from consistent profitability from Lucid, Rivian, or Nio. For many investors, simply waiting for the EV space to mature and then picking a winner may leave some money on the table, but it could be a safer and still rewarding bet.","news_type":1,"symbols_score_info":{"NIO":0.9,"TSLA":0.9,"RIVN":0.9,"LCID":0.9}},"isVote":1,"tweetType":1,"viewCount":1520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698108900,"gmtCreate":1640312610605,"gmtModify":1640313775859,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698108900","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":2210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808315715,"gmtCreate":1627556590437,"gmtModify":1633763840270,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Swell","listText":"Swell","text":"Swell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/808315715","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":1381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166455249,"gmtCreate":1624023632881,"gmtModify":1634023967943,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166455249","repostId":"1140699063","repostType":4,"isVote":1,"tweetType":1,"viewCount":2335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184211461,"gmtCreate":1623715579153,"gmtModify":1634029771751,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184211461","repostId":"2143382517","repostType":4,"isVote":1,"tweetType":1,"viewCount":2459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181617038,"gmtCreate":1623389847024,"gmtModify":1634033847832,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Xx","listText":"Xx","text":"Xx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181617038","repostId":"2142022769","repostType":4,"isVote":1,"tweetType":1,"viewCount":1487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181612445,"gmtCreate":1623389686987,"gmtModify":1634033849968,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181612445","repostId":"2142221222","repostType":4,"isVote":1,"tweetType":1,"viewCount":2313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181612113,"gmtCreate":1623389661232,"gmtModify":1634033850412,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top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22:02","market":"fut","language":"en","title":"Crude Oil Higher as U.S. Growth Prompts Confidence","url":"https://stock-news.laohu8.com/highlight/detail?id=1100121693","media":"英为财情Investing","summary":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by","content":"<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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>Crude Oil Higher as U.S. Growth Prompts Confidence</title>\n<style 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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\">\nCrude Oil Higher as U.S. Growth Prompts Confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time\">2021-04-29 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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":"1100121693","content_text":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.\nBy 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.\nU.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.\nThe U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.\nThis report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.\nA separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.\nWith China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.\nEarlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.\nSentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.\nWith benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.\nAdding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.\n“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.\nThe one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.\n“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":698108900,"gmtCreate":1640312610605,"gmtModify":1640313775859,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698108900","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":2210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808315715,"gmtCreate":1627556590437,"gmtModify":1633763840270,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Swell","listText":"Swell","text":"Swell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/808315715","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":1381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166455249,"gmtCreate":1624023632881,"gmtModify":1634023967943,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166455249","repostId":"1140699063","repostType":4,"isVote":1,"tweetType":1,"viewCount":2335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698199937,"gmtCreate":1640313639075,"gmtModify":1640313862934,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"What?","listText":"What?","text":"What?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698199937","repostId":"1128727196","repostType":4,"repost":{"id":"1128727196","kind":"news","pubTimestamp":1640305733,"share":"https://www.laohu8.com/m/news/1128727196?lang=&edition=full","pubTime":"2021-12-24 08:28","market":"us","language":"en","title":"Down Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128727196","media":"Motley Fool","summary":"These electric vehicle stocks are on sale, but that doesn't mean all are buys.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Lucid and Rivian are unproven but have a lot of potential.</li>\n <li>Nio is down big from its high but just gave investors a jolt on Nio Day.</li>\n <li>Tesla has a high valuation but is in its best shape ever.</li>\n</ul>\n<p>December has so far been a wild month as the major indices routinely make big moves each day. While some stocks are hovering around their all-time highs, many growth stocks are actually down a lot for the year, and some are close to their 52-week lows.</p>\n<p><b>Lucid Group</b>(NASDAQ:LCID),<b>Rivian Automotive</b>(NASDAQ:RIVN),<b>Nio</b>(NYSE:NIO), and <b>Tesla</b>(NASDAQ:TSLA) are four high-profile electric vehicle (EV) stocks that are all down 25% or more from their highs. Here's the lowdown on each, as well as the best one to buy now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a625e7f56da175a14e5d6cbfcdce47c\" tg-width=\"2000\" tg-height=\"1000\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: NIO.</span></p>\n<p><b>Lucid has some serious upside</b></p>\n<p>Share prices of Lucid Group are down 38% from their high as the up-and-coming electric sedan company faces what should be a challenging 2022. Lucid delivered on its promises in 2021 by expanding its manufacturing facility, going public and raising cash, entering mass production, and starting customer deliveries. Yet recent events, most notably a U.S. Securities and Exchange Commission (SEC) request for documents that was issued on Dec. 3 and a controversial senior note offering, have taken a toll on Lucid stock of late.</p>\n<p>Despite the bad press, there's reason to believe Lucid could be a great stock to own over the long term. The timing of the senior note offering was fantastic for Lucid, which valued its stock at $54.78 per share (a 37% premium to its share price at the time of this writing). It also gives the company the cash needed to accelerate production, expand manufacturing capacity, and meet a customer demand that currently sits at over 17,000 reservations. Given its incredible battery technology, Lucid could become a staple in the luxury sedan market over time.</p>\n<p><b>Rivian isn't worth $86 billion...yet</b></p>\n<p>Rivian has seen its stock sink as the honeymoon period after its initial public offering (IPO) draws to a close. In fact, Rivian's share price fell over 10% on Dec. 17 after the company reported its Q3 2021 earnings, which was its first report as a public company. Lower-than-expected customer deliveries, wider-than-expected losses, and the harsh reality that it's going to take a lot of money to grow its manufacturing and charging network to the size Rivian hopes added up to an overall disappointing quarter. However, Rivian's reservation numbers are growing at a breakneck pace -- quite a bit faster than Lucid's, in fact. However, until Rivian is able to set goals and then meet or exceed them, it's hard to trust the company's trajectory, let alone value Rivian at $86 billion.</p>\n<p><b>Down but not out</b></p>\n<p>No stock on this list is further off its high than Chinese automaker Nio, which got gut-punched with a 55% drawdown and is now hovering right around its 52-week low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3055b147aea5ec316e8f30352bbd489d\" tg-width=\"720\" tg-height=\"516\" width=\"100%\" height=\"auto\"><span>LCID DATA BY YCHARTS</span></p>\n<p>It wasn't long ago that Nio was getting the same buzz Lucid and Rivian have received the last few months. But lately, it's found itself outside the limelight, or briefly in it for negative reasons.</p>\n<p>Nio has been mass-producing electric cars for a few years now and is becoming an established player in the space.Inconsistent production numbers, and an uncertain growth plan in Europe are all headwinds facing Nio right now. What's more, the SEC is tightening its grip on foreign companies like Nio.</p>\n<p>However, Nio held its highly anticipated Nio Day on Dec. 18, unveiling its new ET5 midsize sedan and making various announcements. Nio is showing no shortage of innovation and could be a great long-term winner.</p>\n<p><b>Firing on all electric motors</b></p>\n<p>Tesla is down \"just\" 25% from its high as investors grapple with valuation concerns for many growth stocks. Tesla isn't the same unprofitable and streaky company it once was, but it is priced to perfection at a 22.5 price-to-sales (P/S) ratio and a 301.8 price-to-earnings (P/E) ratio.</p>\n<p>Despite the sky-high valuation,there's a lot to like about Tesla the company. Its industry-leading operating margin, impressive growth, diverse business, and market-leading position in the growing EV industry are reasons to like the company for years to come.</p>\n<p><b>An EV basket for 2022</b></p>\n<p>Two ways to approach the sell-off in top-tier EV stocks are the basket strategy and the wait-and-see strategy. Investing in, say, a 50/50 split of Lucid and Tesla, or even an equal split of all four companies on this list, gives exposure to multiple aspects of the market while limiting the damage any single company can inflict on your portfolio.</p>\n<p>However, there's a good chance that we are years away from consistent profitability from Lucid, Rivian, or Nio. For many investors, simply waiting for the EV space to mature and then picking a winner may leave some money on the table, but it could be a safer and still rewarding bet.</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>Down Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?</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\">\nDown Over 25% From Their Highs, Are Lucid, Rivian, Nio, and Tesla Buys for 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-24 08:28 GMT+8 <a href=https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nLucid and Rivian are unproven but have a lot of potential.\nNio is down big from its high but just gave investors a jolt on Nio Day.\nTesla has a high valuation but is in its best shape ever...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/\">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","RIVN":"Rivian Automotive, Inc.","NIO":"蔚来","LCID":"Lucid Group Inc"},"source_url":"https://www.fool.com/investing/2021/12/23/down-over-25-from-their-highs-are-lucid-rivian-nio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128727196","content_text":"Key Points\n\nLucid and Rivian are unproven but have a lot of potential.\nNio is down big from its high but just gave investors a jolt on Nio Day.\nTesla has a high valuation but is in its best shape ever.\n\nDecember has so far been a wild month as the major indices routinely make big moves each day. While some stocks are hovering around their all-time highs, many growth stocks are actually down a lot for the year, and some are close to their 52-week lows.\nLucid Group(NASDAQ:LCID),Rivian Automotive(NASDAQ:RIVN),Nio(NYSE:NIO), and Tesla(NASDAQ:TSLA) are four high-profile electric vehicle (EV) stocks that are all down 25% or more from their highs. Here's the lowdown on each, as well as the best one to buy now.\nIMAGE SOURCE: NIO.\nLucid has some serious upside\nShare prices of Lucid Group are down 38% from their high as the up-and-coming electric sedan company faces what should be a challenging 2022. Lucid delivered on its promises in 2021 by expanding its manufacturing facility, going public and raising cash, entering mass production, and starting customer deliveries. Yet recent events, most notably a U.S. Securities and Exchange Commission (SEC) request for documents that was issued on Dec. 3 and a controversial senior note offering, have taken a toll on Lucid stock of late.\nDespite the bad press, there's reason to believe Lucid could be a great stock to own over the long term. The timing of the senior note offering was fantastic for Lucid, which valued its stock at $54.78 per share (a 37% premium to its share price at the time of this writing). It also gives the company the cash needed to accelerate production, expand manufacturing capacity, and meet a customer demand that currently sits at over 17,000 reservations. Given its incredible battery technology, Lucid could become a staple in the luxury sedan market over time.\nRivian isn't worth $86 billion...yet\nRivian has seen its stock sink as the honeymoon period after its initial public offering (IPO) draws to a close. In fact, Rivian's share price fell over 10% on Dec. 17 after the company reported its Q3 2021 earnings, which was its first report as a public company. Lower-than-expected customer deliveries, wider-than-expected losses, and the harsh reality that it's going to take a lot of money to grow its manufacturing and charging network to the size Rivian hopes added up to an overall disappointing quarter. However, Rivian's reservation numbers are growing at a breakneck pace -- quite a bit faster than Lucid's, in fact. However, until Rivian is able to set goals and then meet or exceed them, it's hard to trust the company's trajectory, let alone value Rivian at $86 billion.\nDown but not out\nNo stock on this list is further off its high than Chinese automaker Nio, which got gut-punched with a 55% drawdown and is now hovering right around its 52-week low.\nLCID DATA BY YCHARTS\nIt wasn't long ago that Nio was getting the same buzz Lucid and Rivian have received the last few months. But lately, it's found itself outside the limelight, or briefly in it for negative reasons.\nNio has been mass-producing electric cars for a few years now and is becoming an established player in the space.Inconsistent production numbers, and an uncertain growth plan in Europe are all headwinds facing Nio right now. What's more, the SEC is tightening its grip on foreign companies like Nio.\nHowever, Nio held its highly anticipated Nio Day on Dec. 18, unveiling its new ET5 midsize sedan and making various announcements. Nio is showing no shortage of innovation and could be a great long-term winner.\nFiring on all electric motors\nTesla is down \"just\" 25% from its high as investors grapple with valuation concerns for many growth stocks. Tesla isn't the same unprofitable and streaky company it once was, but it is priced to perfection at a 22.5 price-to-sales (P/S) ratio and a 301.8 price-to-earnings (P/E) ratio.\nDespite the sky-high valuation,there's a lot to like about Tesla the company. Its industry-leading operating margin, impressive growth, diverse business, and market-leading position in the growing EV industry are reasons to like the company for years to come.\nAn EV basket for 2022\nTwo ways to approach the sell-off in top-tier EV stocks are the basket strategy and the wait-and-see strategy. Investing in, say, a 50/50 split of Lucid and Tesla, or even an equal split of all four companies on this list, gives exposure to multiple aspects of the market while limiting the damage any single company can inflict on your portfolio.\nHowever, there's a good chance that we are years away from consistent profitability from Lucid, Rivian, or Nio. For many investors, simply waiting for the EV space to mature and then picking a winner may leave some money on the table, but it could be a safer and still rewarding bet.","news_type":1,"symbols_score_info":{"NIO":0.9,"TSLA":0.9,"RIVN":0.9,"LCID":0.9}},"isVote":1,"tweetType":1,"viewCount":1520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":109559348,"gmtCreate":1619706303384,"gmtModify":1634210550580,"author":{"id":"3582280425444565","authorId":"3582280425444565","name":"ecc9ac9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582280425444565","authorIdStr":"3582280425444565"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/109559348","repostId":"1100121693","repostType":4,"repost":{"id":"1100121693","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信,提供全球各国海量金融资讯和实时行情数据,包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619704949,"share":"https://www.laohu8.com/m/news/1100121693?lang=&edition=full","pubTime":"2021-04-29 22:02","market":"fut","language":"en","title":"Crude Oil Higher as U.S. Growth Prompts Confidence","url":"https://stock-news.laohu8.com/highlight/detail?id=1100121693","media":"英为财情Investing","summary":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by","content":"<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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>Crude Oil Higher as U.S. Growth Prompts Confidence</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\">\nCrude Oil Higher as U.S. Growth Prompts Confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time\">2021-04-29 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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":"1100121693","content_text":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.\nBy 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.\nU.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.\nThe U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.\nThis report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.\nA separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.\nWith China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.\nEarlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.\nSentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.\nWith benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.\nAdding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.\n“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.\nThe one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.\n“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING 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