Degenerated的个人主页 - 老虎社区

Degenerated

Degenerated

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2021-12-23

Swee la

抱歉，原内容已删除

2021-12-16

Hope loh.

抱歉，原内容已删除

2021-11-15

$Oatly Group AB(OTLY)$wow wow wow

2021-11-12

$Altimeter Growth Corp.(AGC)$unbelievable with broccoli!!!

2021-11-10

$Altimeter Growth Corp.(AGC)$what!!!

2021-11-04

Lailai

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

$Meta Materials Inc.(MMAT)$hope got a few gong kia buu meta and drive us to the moon.

2021-10-28

Computer will never outdo mobile phone.

抱歉，原内容已删除

2021-10-28

Okay

4 Ways Hertz Is Creating Value For Tesla<blockquote>赫兹为特斯拉创造价值的 4 种方式</blockquote>

2021-10-26

$Tiger Brokers(TIGR)$lets prep and fly to the moon tonight!! Launch tommorow!

2021-10-26

Redbox red box. Any present for me?

Redbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</blockquote>

2021-10-21

.

How Well Can Rivian Compete With Tesla?<blockquote>Rivian能与特斯拉竞争多少？</blockquote>

2021-10-19

From household products to vehicle. So big difference.

Xiaomi shares surged 5% in Hong Kong<blockquote>小米股价在香港飙升5%</blockquote>

2021-10-18

BAIDUUUUU WUUU!

Baidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote>

2021-10-15

Should have boradcast out 1 mont ago. Then we can load more.[开心] [开心] [开心]

抱歉，原内容已删除

2021-10-14

Good la.

Singapore's central bank tightens policy in surprise move<blockquote>新加坡央行出人意料地收紧政策</blockquote>

2021-10-13

Up up up away. No money to buy la

BBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote>

2021-10-12

$META MATLS INC PFD SER A(MMTLP)$someone commented that this cannot be traded. How come have trading movement?

2021-10-11

More more more!!!!

Singapore Airlines shares rose more than 8% in morning trading<blockquote>新加坡航空股价早盘上涨逾8%</blockquote>

2021-10-09

$Orphazyme A/S(ORPH)$from rock become sand.

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loh.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690838025","repostId":"2191559917","repostType":4,"isVote":1,"tweetType":1,"viewCount":3310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873447157,"gmtCreate":1636981991310,"gmtModify":1636981991536,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>wow wow wow","listText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>wow wow wow","text":"$Oatly Group AB(OTLY)$wow wow 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broccoli!!!","images":[{"img":"https://static.tigerbbs.com/950b8f96b15d7521a4e1efd1a2855995","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879978940","isVote":1,"tweetType":1,"viewCount":3157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847287948,"gmtCreate":1636524628592,"gmtModify":1636524767124,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>what!!!","listText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>what!!!","text":"$Altimeter Growth 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Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854599520,"gmtCreate":1635466443151,"gmtModify":1635466474240,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>hope got a few gong kia buu meta and drive us to the moon.","listText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>hope got a few gong kia buu meta and drive us to the moon.","text":"$Meta Materials Inc.(MMAT)$hope got a few gong kia buu meta and drive us to the moon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854599520","isVote":1,"tweetType":1,"viewCount":2886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855732650,"gmtCreate":1635399925231,"gmtModify":1635399925309,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Computer will never outdo mobile phone.","listText":"Computer will never outdo mobile phone.","text":"Computer will never outdo mobile phone.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855732650","repostId":"2178237269","repostType":4,"isVote":1,"tweetType":1,"viewCount":3162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855732385,"gmtCreate":1635399885993,"gmtModify":1635399886118,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855732385","repostId":"1120494800","repostType":4,"repost":{"id":"1120494800","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1635387959,"share":"https://www.laohunote.com/m/news/1120494800?lang=zh_CN&edition=full","pubTime":"2021-10-28 10:25","market":"us","language":"en","title":"4 Ways Hertz Is Creating Value For Tesla<blockquote>赫兹为特斯拉创造价值的 4 种方式</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120494800","media":"Benzinga Earnings","summary":"Tesla Inc shares rallied once again on Wednesday after ridesharing giant Uber Technologies Inc announced a new partnership with Hertz Global Holdings Inc to offer 50,000 Tesla rentals to U.S. drivers.On Tuesday, Colas said at first glance, the market’s reaction to Hertz’s order of 100,000 Tesla Model 3s may be surprising to investors who remember when General Motors Company,Ford Motor Company and other auto companies owned Hertz,Avis Budget Group Inc. and other rental companies, which created ve","content":"<p><b>Tesla Inc</b>(NASDAQ:TSLA) shares rallied once again on Wednesday after ridesharing giant&nbsp;<b>Uber Technologies Inc</b>(NYSE:UBER) announced a new partnership with&nbsp;<b>Hertz Global Holdings Inc</b>(OTC:HTZZ) to offer 50,000 Tesla rentals to U.S. drivers.</p><p><blockquote><b>特斯拉公司</b>（纳斯达克股票代码：TSLA）继拼车巨头之后，股价周三再次上涨<b>优步科技公司</b>（纽约证券交易所股票代码：UBER）宣布与<b>赫兹全球控股公司</b>（场外交易代码：HTZZ）向美国司机提供 50,000 辆特斯拉租赁。</blockquote></p><p> The latest Uber news is one of several ways&nbsp;Tesla’s partnership with Hertz&nbsp;is creating value for the electric vehicle pioneer, according to DataTrek Research co-founder Nicholas&nbsp;Colas.</p><p><blockquote>DataTrek Research 联合创始人 Nicholas Colas 表示，Uber 的最新消息是特斯拉与赫兹合作为这家电动汽车先驱创造价值的几种方式之一。</blockquote></p><p> On Tuesday, Colas said at first glance, the market’s reaction to Hertz’s order of 100,000 Tesla Model 3s may be surprising to investors who remember when&nbsp;<b>General Motors Company</b>,<b>Ford Motor Company</b>&nbsp;and other auto companies owned Hertz,<b>Avis Budget Group Inc.</b>&nbsp;and other rental companies, which created very little value for shareholders. However, Colas said there are at least our reasons why the Hertz deal is boosting Tesla’s stock.</p><p><blockquote>周二，科拉斯表示，乍一看，市场对赫兹订购 10 万辆特斯拉 Model 3 的反应可能会让那些还记得何时的投资者感到惊讶。<b>通用汽车公司</b>,<b>福特汽车</b>和其他拥有赫兹的汽车公司，<b>阿维斯预算集团公司。</b>和其他租赁公司，为股东创造的价值很少。不过，科拉斯表示，赫兹交易提振特斯拉股价至少有我们的理由。</blockquote></p><p> <b>4 Reasons The Stock Is Moving:</b>First, despite its&nbsp;$1 trillion valuation,<b>Tesla’s business is still relatively small</b>&nbsp;compared to Ford, GM and others. Colas said the 100,000 vehicle orders will lock up a significant portion of Tesla’s production in the next year at a high-margin selling price of $42,000 per vehicle.</p><p><blockquote><b>该股上涨的 4 个原因：</b>首先，尽管其估值高达1万亿美元，<b>特斯拉的业务仍然相对较小</b>与福特、通用等相比。科拉斯说，这 10 万辆汽车订单将以每辆 4.2 万美元的高利润售价锁定特斯拉明年的大部分产量。</blockquote></p><p> Second, the&nbsp;<b>partnership with Hertz will allow car renters to get behind the wheel of a Tesla for the first time</b>. These rentals can essentially serve as test drives that may convince more people to buy the cars, Colas said.</p><p><blockquote>第二，<b>与赫兹的合作将使汽车租赁者首次能够驾驶特斯拉</b>科拉斯说，这些租赁基本上可以作为试驾，可能会说服更多的人购买汽车。</blockquote></p><p> Third,<b>Hertz’s large national network of locations could be helpful</b>&nbsp;as Tesla grows its number of charging stations. Colas said Hertz’s airport locations may be particularly convenient locations for business travelers to leave their cars to charge when they are out of town.</p><p><blockquote>第三，<b>赫兹庞大的全国网络可能会有所帮助</b>随着特斯拉充电站数量的增加。科拉斯说，赫兹的机场地点可能是商务旅客在出城时将车停在充电的特别方便的地点。</blockquote></p><p> Finally, Colas said Hertz and other rental car companies missed the boat on ridesharing disruption, but&nbsp;<b>partnering with Tesla and other next-generation auto tech companies can help rental companies make sure they are well-positioned for the next major disruptor: autonomous vehicles</b>.</p><p><blockquote>最后，科拉斯表示，赫兹和其他租车公司错过了拼车中断的机会，但是<b>与特斯拉和其他下一代汽车技术公司合作可以帮助租赁公司确保为下一个重大颠覆者做好准备：自动驾驶汽车</b>.</blockquote></p><p> “Tesla/Hertz is a fascinating case study in how new and old industries still need each other to maximize the impact of disruptive technologies on the one hand and leverage that same technology to remake a stale business model on the other,” Colas said.</p><p><blockquote>“科拉斯说：”特斯拉/赫兹是一个引人入胜的案例研究，说明新旧行业仍然需要彼此，一方面要最大限度地发挥颠覆性技术的影响，另一方面又要利用同样的技术重塑陈旧的商业模式。</blockquote></p><p> <b>Benzinga’s Take:</b>With business booming, the only question mark these days when it comes to Tesla is its valuation. Tesla shares trade at 20.9 times sales, more than double the multiple of all the other trillion-dollar S&amp;P 500 tech companies other than&nbsp;<b>Microsoft Corporation</b>&nbsp;(13.9).</p><p><blockquote><b>Benzinga 的观点：</b>随着商业的蓬勃发展，如今特斯拉唯一的问号就是它的估值。特斯拉的股价是销售额的 20.9 倍，是标普500所有其他万亿美元科技公司的两倍多<b>微软公司</b> (13.9).</blockquote></p><p> Read:<a href=\"https://laohu8.com/NW/1127302287\" target=\"_blank\">Tesla Lands A Massive Deal And Breaks $1 Trillion: Are Shares A Buy?</a></p><p><blockquote>阅读：<a href=\"https://laohu8.com/NW/1127302287\" target=\"_blank\">特斯拉达成巨额交易并突破 1 万亿美元：股票值得买入吗？</a></blockquote></p><p></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>4 Ways Hertz Is Creating Value For Tesla<blockquote>赫兹为特斯拉创造价值的 4 种方式</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n4 Ways Hertz Is Creating Value For Tesla<blockquote>赫兹为特斯拉创造价值的 4 种方式</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 Earnings </p>\n<p class=\"h-time smaller\">2021-10-28 10:25</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Tesla Inc</b>(NASDAQ:TSLA) shares rallied once again on Wednesday after ridesharing giant&nbsp;<b>Uber Technologies Inc</b>(NYSE:UBER) announced a new partnership with&nbsp;<b>Hertz Global Holdings Inc</b>(OTC:HTZZ) to offer 50,000 Tesla rentals to U.S. drivers.</p><p><blockquote><b>特斯拉公司</b>（纳斯达克股票代码：TSLA）继拼车巨头之后，股价周三再次上涨<b>优步科技公司</b>（纽约证券交易所股票代码：UBER）宣布与<b>赫兹全球控股公司</b>（场外交易代码：HTZZ）向美国司机提供 50,000 辆特斯拉租赁。</blockquote></p><p> The latest Uber news is one of several ways&nbsp;Tesla’s partnership with Hertz&nbsp;is creating value for the electric vehicle pioneer, according to DataTrek Research co-founder Nicholas&nbsp;Colas.</p><p><blockquote>DataTrek Research 联合创始人 Nicholas Colas 表示，Uber 的最新消息是特斯拉与赫兹合作为这家电动汽车先驱创造价值的几种方式之一。</blockquote></p><p> On Tuesday, Colas said at first glance, the market’s reaction to Hertz’s order of 100,000 Tesla Model 3s may be surprising to investors who remember when&nbsp;<b>General Motors Company</b>,<b>Ford Motor Company</b>&nbsp;and other auto companies owned Hertz,<b>Avis Budget Group Inc.</b>&nbsp;and other rental companies, which created very little value for shareholders. However, Colas said there are at least our reasons why the Hertz deal is boosting Tesla’s stock.</p><p><blockquote>周二，科拉斯表示，乍一看，市场对赫兹订购 10 万辆特斯拉 Model 3 的反应可能会让那些还记得何时的投资者感到惊讶。<b>通用汽车公司</b>,<b>福特汽车</b>和其他拥有赫兹的汽车公司，<b>阿维斯预算集团公司。</b>和其他租赁公司，为股东创造的价值很少。不过，科拉斯表示，赫兹交易提振特斯拉股价至少有我们的理由。</blockquote></p><p> <b>4 Reasons The Stock Is Moving:</b>First, despite its&nbsp;$1 trillion valuation,<b>Tesla’s business is still relatively small</b>&nbsp;compared to Ford, GM and others. Colas said the 100,000 vehicle orders will lock up a significant portion of Tesla’s production in the next year at a high-margin selling price of $42,000 per vehicle.</p><p><blockquote><b>该股上涨的 4 个原因：</b>首先，尽管其估值高达1万亿美元，<b>特斯拉的业务仍然相对较小</b>与福特、通用等相比。科拉斯说，这 10 万辆汽车订单将以每辆 4.2 万美元的高利润售价锁定特斯拉明年的大部分产量。</blockquote></p><p> Second, the&nbsp;<b>partnership with Hertz will allow car renters to get behind the wheel of a Tesla for the first time</b>. These rentals can essentially serve as test drives that may convince more people to buy the cars, Colas said.</p><p><blockquote>第二，<b>与赫兹的合作将使汽车租赁者首次能够驾驶特斯拉</b>科拉斯说，这些租赁基本上可以作为试驾，可能会说服更多的人购买汽车。</blockquote></p><p> Third,<b>Hertz’s large national network of locations could be helpful</b>&nbsp;as Tesla grows its number of charging stations. Colas said Hertz’s airport locations may be particularly convenient locations for business travelers to leave their cars to charge when they are out of town.</p><p><blockquote>第三，<b>赫兹庞大的全国网络可能会有所帮助</b>随着特斯拉充电站数量的增加。科拉斯说，赫兹的机场地点可能是商务旅客在出城时将车停在充电的特别方便的地点。</blockquote></p><p> Finally, Colas said Hertz and other rental car companies missed the boat on ridesharing disruption, but&nbsp;<b>partnering with Tesla and other next-generation auto tech companies can help rental companies make sure they are well-positioned for the next major disruptor: autonomous vehicles</b>.</p><p><blockquote>最后，科拉斯表示，赫兹和其他租车公司错过了拼车中断的机会，但是<b>与特斯拉和其他下一代汽车技术公司合作可以帮助租赁公司确保为下一个重大颠覆者做好准备：自动驾驶汽车</b>.</blockquote></p><p> “Tesla/Hertz is a fascinating case study in how new and old industries still need each other to maximize the impact of disruptive technologies on the one hand and leverage that same technology to remake a stale business model on the other,” Colas said.</p><p><blockquote>“科拉斯说：”特斯拉/赫兹是一个引人入胜的案例研究，说明新旧行业仍然需要彼此，一方面要最大限度地发挥颠覆性技术的影响，另一方面又要利用同样的技术重塑陈旧的商业模式。</blockquote></p><p> <b>Benzinga’s Take:</b>With business booming, the only question mark these days when it comes to Tesla is its valuation. Tesla shares trade at 20.9 times sales, more than double the multiple of all the other trillion-dollar S&amp;P 500 tech companies other than&nbsp;<b>Microsoft Corporation</b>&nbsp;(13.9).</p><p><blockquote><b>Benzinga 的观点：</b>随着商业的蓬勃发展，如今特斯拉唯一的问号就是它的估值。特斯拉的股价是销售额的 20.9 倍，是标普500所有其他万亿美元科技公司的两倍多<b>微软公司</b> (13.9).</blockquote></p><p> Read:<a href=\"https://laohu8.com/NW/1127302287\" target=\"_blank\">Tesla Lands A Massive Deal And Breaks $1 Trillion: Are Shares A Buy?</a></p><p><blockquote>阅读：<a href=\"https://laohu8.com/NW/1127302287\" target=\"_blank\">特斯拉达成巨额交易并突破 1 万亿美元：股票值得买入吗？</a></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","HTZZ":"Hertz Global Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120494800","content_text":"Tesla Inc(NASDAQ:TSLA) shares rallied once again on Wednesday after ridesharing giant Uber Technologies Inc(NYSE:UBER) announced a new partnership with Hertz Global Holdings Inc(OTC:HTZZ) to offer 50,000 Tesla rentals to U.S. drivers.\nThe latest Uber news is one of several ways Tesla’s partnership with Hertz is creating value for the electric vehicle pioneer, according to DataTrek Research co-founder Nicholas Colas.\nOn Tuesday, Colas said at first glance, the market’s reaction to Hertz’s order of 100,000 Tesla Model 3s may be surprising to investors who remember when General Motors Company,Ford Motor Company and other auto companies owned Hertz,Avis Budget Group Inc. and other rental companies, which created very little value for shareholders. However, Colas said there are at least our reasons why the Hertz deal is boosting Tesla’s stock.\n4 Reasons The Stock Is Moving:First, despite its $1 trillion valuation,Tesla’s business is still relatively small compared to Ford, GM and others. Colas said the 100,000 vehicle orders will lock up a significant portion of Tesla’s production in the next year at a high-margin selling price of $42,000 per vehicle.\nSecond, the partnership with Hertz will allow car renters to get behind the wheel of a Tesla for the first time. These rentals can essentially serve as test drives that may convince more people to buy the cars, Colas said.\nThird,Hertz’s large national network of locations could be helpful as Tesla grows its number of charging stations. Colas said Hertz’s airport locations may be particularly convenient locations for business travelers to leave their cars to charge when they are out of town.\nFinally, Colas said Hertz and other rental car companies missed the boat on ridesharing disruption, but partnering with Tesla and other next-generation auto tech companies can help rental companies make sure they are well-positioned for the next major disruptor: autonomous vehicles.\n“Tesla/Hertz is a fascinating case study in how new and old industries still need each other to maximize the impact of disruptive technologies on the one hand and leverage that same technology to remake a stale business model on the other,” Colas said.\nBenzinga’s Take:With business booming, the only question mark these days when it comes to Tesla is its valuation. Tesla shares trade at 20.9 times sales, more than double the multiple of all the other trillion-dollar S&P 500 tech companies other than Microsoft Corporation (13.9).\nRead:Tesla Lands A Massive Deal And Breaks $1 Trillion: Are Shares A Buy?","news_type":1,"symbols_score_info":{"TSLA":0.9,"HTZZ":0.9}},"isVote":1,"tweetType":1,"viewCount":2732,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852391064,"gmtCreate":1635239330619,"gmtModify":1635239330865,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>lets prep and fly to the moon tonight!! Launch tommorow!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>lets prep and fly to the moon tonight!! Launch tommorow!","text":"$Tiger Brokers(TIGR)$lets prep and fly to the moon tonight!! Launch tommorow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852391064","isVote":1,"tweetType":1,"viewCount":3431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852393002,"gmtCreate":1635239263045,"gmtModify":1635239263328,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Redbox red box. Any present for me?","listText":"Redbox red box. Any present for me?","text":"Redbox red box. Any present for me?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852393002","repostId":"1137243429","repostType":4,"repost":{"id":"1137243429","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":1635238018,"share":"https://www.laohunote.com/m/news/1137243429?lang=zh_CN&edition=full","pubTime":"2021-10-26 16:46","market":"us","language":"en","title":"Redbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243429","media":"Tiger Newspress","summary":"Redbox shares surged more than 100% in premarket trading.Redbox completed its SPAC merger with Seapo","content":"<p>Redbox&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;100%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/770ae080250c145e01ccf1e4309bdc8c\" tg-width=\"876\" tg-height=\"631\" width=\"100%\" height=\"auto\">Redbox completed its SPAC merger with Seaport Global Acquisition Corp&nbsp;on&nbsp;last Friday.</p><p><blockquote>Redbox 股价在盘前交易中飙升超过 100%。Redbox 于上周五完成了与 Seaport Global Acquisition Corp 的 SPAC 合并。</blockquote></p><p> Redbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.</p><p><blockquote>Redbox在美国运营着一个由40,000个信息亭组成的网络。本月早些时候，Redbox宣布与狮门影业达成多年发行协议，根据该协议，狮门影业除了订阅精选电影的SVOD许可外，还将通过家庭娱乐窗口发行Redbox娱乐原创作品。Redbox最近还与Roku签署了推广协议，推动用户注册Redbox流媒体应用；到2022年年中，消费者将在沃尔玛独家销售的Roku播放器上收到一个价值5美元的流媒体代码。</blockquote></p><p></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>Redbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nRedbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-26 16:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Redbox&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;100%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/770ae080250c145e01ccf1e4309bdc8c\" tg-width=\"876\" tg-height=\"631\" width=\"100%\" height=\"auto\">Redbox completed its SPAC merger with Seaport Global Acquisition Corp&nbsp;on&nbsp;last Friday.</p><p><blockquote>Redbox 股价在盘前交易中飙升超过 100%。Redbox 于上周五完成了与 Seaport Global Acquisition Corp 的 SPAC 合并。</blockquote></p><p> Redbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.</p><p><blockquote>Redbox在美国运营着一个由40,000个信息亭组成的网络。本月早些时候，Redbox宣布与狮门影业达成多年发行协议，根据该协议，狮门影业除了订阅精选电影的SVOD许可外，还将通过家庭娱乐窗口发行Redbox娱乐原创作品。Redbox最近还与Roku签署了推广协议，推动用户注册Redbox流媒体应用；到2022年年中，消费者将在沃尔玛独家销售的Roku播放器上收到一个价值5美元的流媒体代码。</blockquote></p><p></p>\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":"1137243429","content_text":"Redbox shares surged more than 100% in premarket trading.Redbox completed its SPAC merger with Seaport Global Acquisition Corp on last Friday.\nRedbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.","news_type":1,"symbols_score_info":{"RDBX":0.9}},"isVote":1,"tweetType":1,"viewCount":1231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853603621,"gmtCreate":1634794951987,"gmtModify":1634794952229,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853603621","repostId":"1161425329","repostType":4,"repost":{"id":"1161425329","kind":"news","pubTimestamp":1634794681,"share":"https://www.laohunote.com/m/news/1161425329?lang=zh_CN&edition=full","pubTime":"2021-10-21 13:38","market":"us","language":"en","title":"How Well Can Rivian Compete With Tesla?<blockquote>Rivian能与特斯拉竞争多少？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161425329","media":"Seeking Alpha","summary":"Summary\n\nRivian, an EV start-up backed by Amazon and Ford, has been the talk-of-the-town in recent w","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Rivian, an EV start-up backed by Amazon and Ford, has been the talk-of-the-town in recent weeks after its announcement of a potential $80-billion IPO next month.</li>  <li>After 12 years of R&amp;D, Rivian's flagship R1T electric pickup truck finally began commercial productions last month, with the first customer deliveries happening any day now.</li>  <li>Rivian is one of the most vertically integrated EV makers in recent years and even has its own exclusive network of charging infrastructure similar to Tesla's Superchargers.</li>  <li>Similarities in both EV makers' business models have drawn comparisons between the two, with some even pondering if Rivian has a chance to challenge Tesla's valuation.</li>  <li>But with a limited product line made for a market niche, and a limited global footprint, Rivian still has much to prove for its potential $80-bilion valuation, let alone challenging Tesla's elevated valuation prospects. As such, our stance remains neutral on Rivian ahead of its upcoming IPO.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/426afcd9b23aa51eb437f865febe422c\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Phillip Faraone/Getty Images Entertainment</span></p><p><blockquote><ul><li>Rivian是一家由亚马逊和福特支持的电动汽车初创公司，在宣布下个月可能进行 800 亿美元的 IPO 后，最近几周一直是人们谈论的话题。</li><li>经过 12 年的研发，Rivian 的旗舰 R1T 电动皮卡车终于在上个月开始商业生产，第一批客户交付现已随时进行。</li><li>Rivian是近年来垂直整合程度最高的电动汽车制造商之一，甚至拥有自己的专属充电基础设施网络，类似于特斯拉的超级充电站。</li><li>两家电动汽车制造商商业模式的相似性引起了两者之间的比较，有些人甚至怀疑Rivian是否有机会挑战特斯拉的估值。</li><li>但由于针对细分市场的产品线有限，全球足迹有限，Rivian仍有很多东西需要证明其 800 亿美元的潜在估值，更不用说挑战特斯拉的高估值前景了。因此，在Rivian即将首次公开募股之前，我们对其的立场保持中立。</li></ul><p class=\"t-img-caption\"><span>菲利普·法拉奥内/盖蒂图片社娱乐</span></p></blockquote></p><p> Rivian (pre-IPO:RIVN) is one of the&nbsp;most promising EV startups&nbsp;in recent years, backed by high-profile investors including Ford (F) and Amazon (AMZN). With a focus on making lifestyle vehicles suited to bring users closer to nature and enable greater outdoor exploration, Rivian debuted the R1T electric pickup truck and R1S electricSUVfor the consumer segment&nbsp;about three years ago, with plans to begin customer deliveries before the end of this year. In addition to consumer segment vehicles, Rivian is also known for their&nbsp;arrangement with Amazon&nbsp;to deliver 100,000 last-mile delivery electric vans before 2030.</p><p><blockquote>Rivian（IPO 前股票代码：RIVN）是近年来最有前途的电动汽车初创公司之一，得到了福特 (F) 和亚马逊 (AMZN) 等知名投资者的支持。Rivian专注于制造适合让用户更接近自然并实现更多户外探索的生活方式汽车，大约三年前，Rivian面向消费者市场推出了R1T电动皮卡和R1S电动SUV，并计划在今年年底前开始向客户交付。除了消费类车辆外，Rivian还因与亚马逊达成协议，在 2030 年之前交付 10 万辆最后一英里送货电动货车而闻名。</blockquote></p><p> Having just began commercial productions of the flagship R1T electric pickup truck about&nbsp;a month ago,Rivian is slated for an IPO valued at up to&nbsp;$80 billion&nbsp;sometime around Thanksgiving. While many electric vehicle (“EV”) startups have chosen to go public in recent years through reverse mergers with blank-cheque companies for&nbsp;quick access to funding for their capital-intensive ventures, Rivian will be doing it the traditional way, which is almost unprecedented for a pre-revenue company. The projected $80 billion valuation would also make Rivian’s IPO the highest valued debut on the Nasdaq this year. This puts Rivian’s anticipated valuation at almost 1/10ththe size of industry leader Tesla’s (TSLA) recent market cap of more than $800 billion, double the size of industry peer Lucid’s (LCID) $40 billion market cap, and about 1/3rdmore than Ford’s $60 billion market cap.</p><p><blockquote>大约一个月前，Rivian 刚刚开始商业化生产旗舰 R1T 电动皮卡，计划在感恩节前后进行价值高达 800 亿美元的 IPO。近年来，许多电动汽车（“EV”）初创公司选择通过与空白支票公司反向合并上市，以便为其资本密集型企业快速获得资金，而Rivian将采用传统方式上市，这对于一家营收前公司来说几乎是前所未有的。预计 800 亿美元的估值也将使Rivian的 IPO 成为今年纳斯达克上估值最高的首次公开募股。这使得Rivian的预期估值几乎是行业领导者特斯拉（TSLA）近期超过 8000 亿美元市值的 1/10，是行业同行 Lucid（LCID）400 亿美元市值的两倍，比福特 600 亿美元市值高出约 1/3。</blockquote></p><p> As one of the most vertically integrated EV makers to come after Tesla, with direct participation in vehicle design and battery development to building an exclusive network of charging infrastructure, investors have begun to draw comparisons between the two and ponder on whether Rivian has the potential to grow into something like the EV titan. For years, Tesla has dominated the global EV sector in terms of sales volume and valuation due to its first-mover advantage in pioneering the passenger EV industry, and building everything from its batteries to the Supercharging network from ground-up to support mass market adoption in the last decade. But the rising number of new entrants to the emerging industry in recent years, including Rivian which provides a similar comprehensive ecosystem to support its vehicles, may just be enough to put Tesla on notice.</p><p><blockquote>作为继特斯拉之后垂直一体化程度最高的电动汽车制造商之一，直接参与车辆设计和电池开发，构建独家充电基础设施网络，投资者开始对两者之间进行比较，并思考Rivian是否有潜力成长为电动汽车巨头。多年来，特斯拉凭借其在开拓乘用车电动汽车行业方面的先发优势，在销量和估值方面一直主导着全球电动汽车行业，并从头开始建设从电池到超级充电网络的一切，以支持过去十年的大众市场采用。但近年来新兴行业的新进入者数量不断增加，包括提供类似全面生态系统来支持其汽车的Rivian，可能足以引起特斯拉的注意。</blockquote></p><p> Although Rivian has built its consumer and commercial vehicle line-up with a very specific audience in mind, namely outdoor enthusiasts and last-mile delivery operators, it does have the operational capacity and regulatory green light to proceed with sales ahead of the most comparable Tesla&nbsp;Cybertrucks&nbsp;and&nbsp;Semis, which have been delayed to next year. Rivian also has better range capability than some of the other pickups and SUVs, two of the best-selling vehicle segments, slated to rollout starting next year which gives it a head-start in the increasingly competitive landscape.</p><p><blockquote>尽管Rivian在构建消费和商用车阵容时考虑到了非常特定的受众，即户外运动爱好者和最后一英里送货运营商，但它确实拥有运营能力和监管绿灯，可以先于最具可比性的特斯拉Cybertrucks和Semis进行销售，这已被推迟到明年。Rivian还拥有比其他一些皮卡和 SUV 更好的续航里程能力，这两个最畅销的汽车细分市场预计将于明年开始推出，这使其在竞争日益激烈的格局中处于领先地位。</blockquote></p><p></p><p> Rivian has already gotten its foot down on the most difficult part, which is getting its vehicles to the start of production. And with proven demand as evidenced by the 48,390 reservations recorded to date for the R1T and R1S models and a long-term contract for the last-mile delivery vans with Amazon, it does appear to be among “one of the most promising of a large pool of EV startups” in recent years to compete for market share against Tesla. But with a projected valuation of $80 billion right from the get-go, Rivian is left with very little wiggle room for error in the execution of its vehicles’ upcoming debut on roadways, production ramp, and long-term growth roadmap. On this basis, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.</p><p><blockquote>Rivian已经踏上了最困难的部分，那就是让其车辆开始生产。迄今为止，R1T 和 R1S 车型的预订量为 48,390 辆，以及与亚马逊签订的最后一英里送货车长期合同都证明了这一点，亚马逊似乎确实是近年来 “最有前途的大型电动汽车初创公司之一 ”与特斯拉争夺市场份额。但是，由于Rivian从一开始的预计估值就高达 800 亿美元，因此在执行其车辆即将上路的首次亮相、产量提升和长期增长路线图时，几乎没有出错的余地。在此基础上，我们对Rivian即将首次公开募股前的预期估值持中立态度。</blockquote></p><p> <b>Rivian Overview</b></p><p><blockquote><b>Rivian概览</b></blockquote></p><p> It took almost 12 years for Rivian, founded by RJ Scaringe, to debut its first customer-ready vehicle. Based in Irvine, California, Rivian has its mission to “keep the world adventurous forever” etched deeply into every one of its vehicles. The EV maker currently services both the consumer and commercial sector with a line-up that consists of the R1T pickup truck, R1S SUV, and EDV-series last-mile delivery vans.</p><p><blockquote>由 RJ Scaringe 创立的Rivian花了近 12 年时间才推出了第一款面向客户的汽车。总部位于加州尔湾市的Rivian将 “让世界永远充满冒险 ”的使命深深地烙印在其每一辆汽车上。这家电动汽车制造商目前为消费者和商业领域提供服务，产品阵容包括 R1T 皮卡、R1S SUV 和 EDV 系列最后一英里送货车。</blockquote></p><p> <b>The R1-Series</b></p><p><blockquote><b>R1系列</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9241989beaf7d245c669a7e27d83480\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: Rivian.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Rivian.com</span></p></blockquote></p><p> The R1T and R1S are built on the R1-platform designed for the consumer segment. The R1 platform combines “performance, utility and efficiency” to enable a streamlined driving and passenger experience for all adventures. In terms of technology, the R1-series vehicles capture a comprehensive in-car infotainment system with built-in connectivity features to support cloud-enabled over-the-air (“OTA”) updates, paired with a proprietary battery pack designed to deliver range capability of up to 400 miles on a single charge. The vehicles also come standard with Driver+, Rivian’s advanced driver-assistance system (“ADAS”), with features including automatic emergency braking, lane-keeping assistance, highway assist and parking assist. So far, the comprehensive suite of in-vehicle technology vies closely to those offered by Tesla, as well as many of the other contenders within the EV sector.</p><p><blockquote>R1T 和 R1S 基于专为消费者领域设计的 R1 平台打造。R1 平台集 “性能、实用性和效率 ”于一身，为所有探险活动提供简化的驾驶和乘客体验。在技术方面，R1 系列车辆配备了全面的车载信息娱乐系统，具有内置连接功能，可支持云支持的无线 (“OTA”) 更新，并配有专有电池组，可提供一次充电可达 400 英里的续航里程。这些车辆还标配了Rivian的高级驾驶辅助系统（“ADAS”）Driver+，其功能包括自动紧急制动、车道保持辅助、高速公路辅助和停车辅助。到目前为止，全面的车载技术套件与特斯拉提供的技术以及电动汽车领域的许多其他竞争者竞争激烈。</blockquote></p><p> But what really differentiates Rivian is its commitment to curating an experience-driven lifestyle vehicle that suits the needs of every outdoor enthusiast, while also ensuring compatibility across different use cases and geographies to drive demand. The consumer-centric R1-series are equipped with a complementing suite of value-add accessories and services ranging from camp tents and kitchens to exclusive insurance plans tailored to provide coverage even for extreme adventures like off-roading. While pickup trucks have been historically associated with work rigs, Rivian’s R1T electric pickup proves that it can address the needs of diverse use cases with a battery system and propulsion that can sustain extreme road conditions, while offering ample storage and additional accessories to accommodate extended road-trips.</p><p><blockquote>但真正让Rivian与众不同的是，它致力于策划一款体验驱动的生活方式车，满足每一位户外爱好者的需求，同时确保不同用例和地理位置的兼容性，以推动需求。以消费者为中心的R1系列配备了一套补充的增值配件和服务，从露营帐篷和厨房到专为越野等极端冒险而量身定制的专属保险计划。虽然皮卡历来与工作设备联系在一起，但Rivian的 R1T 电动皮卡证明了它可以通过电池系统和推进系统满足各种使用场景的需求，能够承受极端路况，同时提供充足的存储空间和额外的配件，以适应长时间的公路旅行。</blockquote></p><p> The R1-Series vehicles, especially the R1T pickup, has a better mass market appeal than Tesla’s comparable, the Cybertruck, to some extent due to its diversified use case, which underscores a robust sales outlook for Rivian. Tesla’s proposed launch for the Cybertrucks have also again been proven to be overly optimistic given its extremely complex manufacturing process, which gives Rivian a head start in the competition for market share. The quirky steel-bodied electric pickup truck, which was originally slated for start of production and deliveries by 2021 year-end, has been quietly delayed until at least the end of 2022 per a&nbsp;recent update&nbsp;made to the vehicle’s online sales page. Nonetheless, both contenders have some serious competition coming up, including Ford’s F-150 Lightning and GMC’s electric Hummer which start customer deliveries next year. The F-150 Lightning and GMC electric Hummer’s ICE-counterparts have historically been the biggest sellers amongst the pickup truck segment, and both battery-powered pickups seem to be on track towards similar achievements, with Ford having&nbsp;recently doubled&nbsp;its annual production capacity for the F-150 Lightning to 80,000 units to address rising demand.</p><p><blockquote>R1 系列汽车，尤其是 R1T 皮卡，比特斯拉的同类产品 Cybertruck 更具大众市场吸引力，这在一定程度上是由于其多样化的使用场景，这凸显了Rivian强劲的销售前景。鉴于特斯拉提出的 Cybertrucks 制造工艺极其复杂，这使得Rivian在市场份额竞争中占据了领先地位，因此该公司提议推出的 Cybertrucks 也再次被证明是过于乐观的。根据该车在线销售页面最近的更新，这款古怪的钢制车身电动皮卡车原定于 2021 年底开始生产和交付，但已悄然推迟到至少 2022 年底。尽管如此，这两款竞争者都将面临激烈的竞争，包括福特的 F-150 Lightning 和 GMC 的电动悍马，它们将于明年开始向客户交付。F-150 Lightning 和 GMC 电动悍马的 ICE 同类产品历来都是皮卡领域最畅销的车型，而这两款电池驱动的皮卡似乎也有望取得类似的成就，福特最近将 F-150 Lightning 的年产能提高了一倍，达到 8 万辆，以满足不断增长的需求。</blockquote></p><p> <b>The EDV-Series</b></p><p><blockquote><b>EDV系列</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01e6b9f7f3154d596eafce2dc1491baa\" tg-width=\"640\" tg-height=\"362\" width=\"100%\" height=\"auto\"><span>Source: Rivian Automotive, Inc. Form S-1</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Rivian汽车公司 S-1 表格</span></p></blockquote></p><p> In addition to consumer-oriented EVs, Rivian also services fleet-based mobility with its EDV-series electric last-mile delivery vans. The vans come in three models based on different storage capacities and range capability:</p><p><blockquote>除了面向消费者的电动汽车外，Rivian还通过其 EDV 系列电动最后一英里送货车为基于车队的移动提供服务。根据不同的存储容量和续航里程能力，货车有三种型号：</blockquote></p><p></p><p> <ul>  <li>EDV 500 – Slated for initial deliveries in December, the EDV 500 has range capability of up to 150 miles on a single charge with 500 cubic feet of storage.</li>  <li>EDV 700 – Slated for initial deliveries in early 2022, the EDV 700 has range capability of up to 150 miles on a single charge with 660 cubic feet of storage.</li>  <li>EDV 900 – The EDV 900 will launch after deliveries begin for the EDV 500 and EDV 700 vans. As the world’s first long-range electric work van, the EDV 900 boasts 840 cubic feet of storage capacity and is capable of traveling up to 120 miles on a single charge.</li> </ul> Built on the RCV platform, the EDV-series boasts a range of up to 150 miles on a single charge and are equipped with the same advanced technology as the R1-series, like Driver+. The EDV-series are also exclusively compatible with Rivian’s proprietary fleet management service tool, FleetOS. FleetOS is a cloud-based fleet management tool that offers a wide array of services ranging from fleet distribution and charging management, to fleet insurance and financing. The tool aims to minimize total costs of ownership for fleet operators, while ensuring a recurring revenue stream for Rivian over the course of the vehicles’ lifecycles.</p><p><blockquote><ul><li>EDV 500 – EDV 500 计划于 12 月首次交付，单次充电可行驶 150 英里，存储空间为 500 立方英尺。</li><li>EDV 700 – EDV 700 计划于 2022 年初首次交付，单次充电续航里程可达 150 英里，存储空间为 660 立方英尺。</li><li>EDV 900–EDV 900将在EDV 500和EDV 700货车开始交付后推出。作为世界上第一款远程电动工作车，EDV 900 拥有 840 立方英尺的存储容量，一次充电可行驶 120 英里。</li></ul>EDV系列基于RCV平台打造，一次充电可行驶150英里，并配备了与R1系列相同的先进技术，如Driver+。EDV 系列还与Rivian专有的车队管理服务工具 FleetOS 独家兼容。FleetOS是一个基于云的车队管理工具，提供从车队分配和收费管理到车队保险和融资的广泛服务。该工具旨在最大限度地降低车队运营商的总拥有成本，同时确保Rivian在车辆生命周期内获得经常性收入来源。</blockquote></p><p> With accelerated e-commerce adoption during the pandemic and increasingly urgent carbon neutralization mandates, global demand for electric last-mile delivery vehicles is expected to advance at a compounded annual growth rate (“CAGR”) of&nbsp;more than 13%&nbsp;over the next five years, which makes strong tailwinds for Rivian’s commercial business unit in the long-run. Paired with a long-term exclusive contract to provide 100,000 EDV-Series delivery vans to Amazon into 2030, Rivian benefits from higher financial visibility. Amazon currently has exclusive rights to Rivian's EDV-Series vehicles in the first four years following initial productions, and a right of first refusal in the two years thereafter. Amazon and Rivian’s collaboration will also serve as validation for other commercial customers in the long-run, which further bolsters the segment’s sales outlook. And similar to the narrative on Tesla’s Cybertruck, delays on the comparable Semi trucks also put Rivian ahead of the EV titan in penetrating the fast-growing last-mile delivery market.</p><p><blockquote>随着大流行病期间电子商务的加速普及和日益紧迫的碳中和任务，预计未来五年，全球对电动最后一英里送货车的需求将以超过 13% 的复合年增长率 (“CAGR”) 增长，从长远来看，这将为Rivian的商业业务部门带来强大的推动力。再加上到 2030 年向亚马逊提供 100,000 辆 EDV 系列送货车的长期独家合同，Rivian受益于更高的财务知名度。亚马逊目前拥有 Rivian EDV 系列车辆在初始生产后四年内的独家权利，并在此后两年内拥有优先购买权。从长远来看，亚马逊和Rivian的合作也将为其他商业客户提供验证，从而进一步提振该细分市场的销售前景。与特斯拉 Cybertruck 的情况类似，同类半挂卡车的延误也让Rivian在打入快速增长的最后一英里送货市场方面领先于电动汽车巨头。</blockquote></p><p> <b>Direct Go-to-Market Strategy</b></p><p><blockquote><b>直接进入市场战略</b></blockquote></p><p> Similar to Tesla and many of its industry peers, Rivian adopts a direct sales go-to-market strategy that involves showroom-style “experience spaces” supported by an online sales platform. Rivian currently makes most of its sales online, and operates six service centers across California, Illinois, Washington and New York, along with a fleet of 11 on-demand mobile service vehicles and a 24/7 service support center in Michigan. Another 120 service centers and 1,000 mobile service vans are on the way, with planned rollouts through to 2023. Rivian’s vehicles will be displayed through four primary types of experience spaces:</p><p><blockquote>与特斯拉及其许多行业同行类似，Rivian采取的是直接销售进入市场的战略，即在在线销售平台的支持下，开设展厅式的 “体验空间 ”。Rivian目前的大部分销售都是在网上进行的，在加州、伊利诺伊州、华盛顿州和纽约州运营着六个服务中心，还有一支由11辆按需移动服务车辆组成的车队，以及一个位于密歇根州的24/7服务支持中心。另外 120 个服务中心和 1,000 辆移动服务车正在建设中，计划于 2023 年推出。Rivian的车辆将通过四种主要类型的体验空间进行展示：</blockquote></p><p> <ul>  <li>Hubs: Permanent experience centers situated in high-density city neighborhoods. The&nbsp;first Rivian hub&nbsp;will open in Venice, California on October 17th.</li>  <li>Seasonal Spaces: Temporary pop-up spaces aimed at introducing the Rivian brand to new communities</li>  <li>Outposts: Outposts are typically located in adventure destinations, where Rivian vehicles can be rented by users to enable immediate exploration of the outdoors</li>  <li>Preserves: Protected land that Rivian plans to help conserve and save. Rivian vehicles will be provided for community use in preserves.</li> </ul> In addition to the experience spaces, test drives can also bearranged online, where an exclusive Field Specialist will be allocated to guide the process.</p><p><blockquote><ul><li>中心：位于高密度城市社区的永久性体验中心。第一个Rivian中心将于10月17日在加州威尼斯开业。</li><li>季节性空间：旨在向新社区介绍Rivian品牌的临时弹出式空间</li><li>前哨：前哨通常位于探险目的地，用户可以在那里租用Rivian汽车，以便立即探索户外</li><li>保护区：Rivian计划帮助保护和拯救的受保护土地。Rivian车辆将提供给保护区的社区使用。</li></ul>除了体验空间之外，还可以在线安排试驾，届时将指派一名专属的领域专家来指导整个过程。</blockquote></p><p> Like many recent EV startups, migrating away from traditional dealership sales will allow Rivian to further enhance brand awareness through a refined and relaxed environment. With showrooms located in city neighborhoods and experience-oriented spaces, Rivian hopes to alleviate the pressure to purchase that customers typically experience in sales-centric dealerships and instead provide a refined and information space for them to learn about the brand and engage with the technology that it has to offer. And from a cost perspective, the direct sales strategy through experience spaces combined with a supporting online sales platform will help Rivian reduce inventory financial costs. It will also enable buyers with the option to customize vehicle purchases to their own liking, and provide a completely customer-centric experience as promised. The realized cost efficiencies will also allow greater capital deployment towards other areas of growing the business, such as enhancing customer experience, and ultimately creating incremental value for its shareholders.</p><p><blockquote>与许多最近的电动汽车初创公司一样，摆脱传统的经销商销售将使Rivian能够通过精致和轻松的环境进一步提高品牌知名度。Rivian希望通过位于城市社区和以体验为导向的空间的陈列室来减轻客户通常在以销售为中心的经销商中经历的购买压力，而是为他们提供一个精致的信息空间来了解品牌并参与其提供的技术。从成本角度来看，通过体验空间结合配套的在线销售平台的直销策略将有助于Rivian降低库存财务成本。它还将使买家能够根据自己的喜好定制车辆购买，并像承诺的那样提供完全以客户为中心的体验。实现的成本效率还将允许将更多的资本部署到业务增长的其他领域，例如增强客户体验，并最终为股东创造增量价值。</blockquote></p><p></p><p> Rivian’s R1-Series vehicles will first be made available in North America, with further expansion to Western Europe starting in 2023. Although Rivian’s foreseeable markets lackluster compared to Tesla’s presence across 40 countries on the map, it has been strategically planned to maximize value and support the company’s long-term growth.</p><p><blockquote>Rivian的 R1 系列汽车将首先在北美上市，并于 2023 年开始进一步扩展到西欧。虽然与特斯拉在地图上 40 个国家的业务相比，Rivian可预见的市场黯然失色，但它已经制定了战略规划，以实现价值最大化并支持公司的长期发展。</blockquote></p><p> With the Biden Administration’s recent pledge to reduce greenhouse gas pollution by&nbsp;at least 50% to 52% from 2005 levels&nbsp;by 2030, the U.S. has seen a heightened urgency towards electrifying the transportation sector. Multiple infrastructure bills that are currently under review have been set to include funding for building out the U.S. EV economy. President Biden has also recently made it a national goal to have half of new car sales be&nbsp;emissions-free by 2030. The continued rollout of favorable policy support from the government are expected to stimulate the American EV economy, and propel domestic EV demand growth at a CAGR of 30% through to the end of the decade. This makes strong tailwinds for Rivian, which is expected to have its vehicles become a key part of the estimated 14 million EVs on American roads by 2030.</p><p><blockquote>拜登政府最近承诺到 2030 年将温室气体污染在 2005 年的基础上减少至少 50% 至 52%，这使得美国交通部门电气化的紧迫性日益增强。目前正在审查的多项基础设施法案将包括为建设美国电动汽车经济提供资金。拜登总统最近还将到 2030 年使一半的新车销售实现零排放作为国家目标。政府持续推出有利的政策支持预计将刺激美国电动汽车经济，并推动国内电动汽车需求在本十年末以30%的复合年增长率增长。这为Rivian带来了强劲的推动力，预计到 2030 年，该公司的汽车将成为美国道路上估计 1400 万辆电动汽车的关键组成部分。</blockquote></p><p> Rivian’s further expansion into Western Europe beginning 2023 is also a strategic move that is expected to pay large dividends in the long-run. Europe is currently the world’s second-largest EV market, running closely behind China and accounting for 42% of global EV sales in 2020. The region’s EV adoption rate has continued to soar in the first half of 2021, with&nbsp;almost 20%&nbsp;of new passenger vehicle sales being battery-powered. Much of this progress is by courtesy of Europe’s stringent regulatory landscape over greenhouse gas emissions. The EU has recently tightened its climate change policy by raising its emissions reduction target to at least 55% by 2030 compared to 1990 levels through the “Fit for 55” legislation package. The pact has also committed to having all new vehicle sales be emissions-free by 2035 to encourage greater EV adoption across the broader European markets, including France and Germany, in coming years. With Tesla only accounting for&nbsp;7% of Europe’s EV market share, and&nbsp;SUVs continuing to dominate&nbsp;the region’s new car sales, Rivian is well-positioned for high-growth opportunities ahead.</p><p><blockquote>Rivian从 2023 年初进一步向西欧扩张也是一项战略举措，从长远来看，预计将带来巨大的红利。欧洲目前是全球第二大电动汽车市场，仅次于中国，2020 年占全球电动汽车销量的 42%。2021 年上半年，该地区的电动汽车普及率继续飙升，近 20% 的新乘用车销量是电池驱动的。这一进展在很大程度上要归功于欧洲对温室气体排放的严格监管环境。欧盟最近收紧了气候变化政策，通过 “适合 55 人 ”一揽子立法，将到 2030 年的减排目标提高到比 1990 年水平至少减少 55%。该协议还承诺到 2035 年使所有新车销售实现零排放，以鼓励未来几年在包括法国和德国在内的更广泛的欧洲市场更多地采用电动汽车。特斯拉仅占欧洲电动汽车市场份额的 7%，而 SUV 继续主导该地区的新车销售，因此Rivian在未来的高增长机遇方面处于有利地位。</blockquote></p><p> <b>A Highly Vertically Integrated Business Model</b></p><p><blockquote><b>高度垂直整合的商业模式</b></blockquote></p><p> Rivian is also one of the most vertically integrated EV start-ups in recent years. Not only does it design and manufacture its vehicles and related technology in-house, Rivian also operates an exclusive network of charging infrastructure like Tesla does. The EV maker also provides a wide variety of post-sales turnkey solutions to secure recurring revenues, underpinning sustainable long-term growth.</p><p><blockquote>Rivian也是近年来垂直整合程度最高的电动汽车初创企业之一。Rivian不仅在内部设计和制造车辆及相关技术，还像特斯拉一样运营着独家充电基础设施网络。这家电动汽车制造商还提供各种售后交钥匙解决方案，以确保经常性收入，支撑可持续的长期增长。</blockquote></p><p> <b>In-House Production Strategy</b></p><p><blockquote><b>内部生产策略</b></blockquote></p><p> Rivian currently performs its own in-house R&amp;D for almost every aspect of its vehicles, including the powertrain, battery technology, in-car infotainment and connectivity system, integrated safety, chassis and Driver+ ADAS system. Productions for the R1-Series and EDV-Series are also currently in process at its&nbsp;Normal, Illinois plant, which was purchased from Mitsubishi in 2017. The Normal plant currently has an annual production capacity of 150,000 units, with further expansion to 200,000 units by 2023 at full production ramp.</p><p><blockquote>Rivian目前对其车辆的几乎每个方面都进行了自己的内部研发，包括动力系统、电池技术、车载信息娱乐和连接系统、集成安全、底盘和驾驶员+ ADAS系统。R1 系列和 EDV 系列的生产目前也在其位于伊利诺伊州的 Normal 工厂进行，该工厂于 2017 年从三菱购买。正常工厂目前的年产能为 150,000 台，到 2023 年满负荷生产时将进一步扩大至 200,000 台。</blockquote></p><p> The EV maker has begun its hunt for a second assembly plant in the U.S.&nbsp;since July, with speculations of a finalized investment in a factory located near&nbsp;Fort Worth, Texas. The new facility is expected to have an annual production capacity of 200,000 vehicles. If Rivian confirms its investment in the Texas plant, it is slated to benefit from tax incentives valued at up to $440 million, which offsets some of the significant investment costs. Many California-based companies, including Tesla, have set up offices and manufacturing facilities in&nbsp;Texas in recent years&nbsp;to take advantage of the state’s lower tax rate, as well as affordable costs of living, while pressing forward with expansion plans. The Texas plant would cost Rivian about $5 billion. Much of the capital investment commitment would be deployed towards real property improvements and other construction costs required to bring the plant online by 2024.</p><p><blockquote>自 7 月以来，这家电动汽车制造商已开始在美国寻找第二家装配厂，并有猜测称已敲定对位于德克萨斯州沃思堡附近的一家工厂的投资。新工厂预计年产能为20万辆汽车。如果Rivian确认对德克萨斯工厂的投资，预计将受益于价值高达 4.4 亿美元的税收优惠，这将抵消部分重大投资成本。近年来，包括特斯拉在内的许多加州公司都在得克萨斯州设立了办事处和制造工厂，以利用该州较低的税率和可负担的生活成本，同时推进扩张计划。德克萨斯工厂将花费Rivian约 50 亿美元。大部分资本投资承诺将用于房地产改善和其他建设成本，以在 2024 年之前使工厂上线。</blockquote></p><p> At the same time, Rivian is also looking for a location to house&nbsp;its productions in Europe&nbsp;starting in 2023. While no site has been confirmed yet, the U.K., Germany and Hungary are amongst the key locations being considered. The materialization of Rivian’s production expansion plans across North America and Europe will strengthen its efficiency in scaling productions, while further bolstering its market penetration capabilities against Tesla and other industry peers, as global EV adoption takes off with heightened demand in coming years.</p><p><blockquote>与此同时，Rivian也在寻找从 2023 年开始在欧洲生产的地点。虽然还没有确定地点，但英国、德国和匈牙利是正在考虑的主要地点之一。随着未来几年全球电动汽车的普及和需求的增加，Rivian在北美和欧洲的生产扩张计划得以实现，将提高其扩大生产规模的效率，同时进一步增强其相对于特斯拉和其他行业同行的市场渗透能力。</blockquote></p><p> <b>Turnkey Post-Sales Solutions</b></p><p><blockquote><b>交钥匙售后解决方案</b></blockquote></p><p></p><p> In addition to the design and development of its vehicles and batteries, Rivian also makes its own exclusive suite of after-sales services. These include FleetOS, Driver+, Rivian Financial Services and Rivian Telematics-Based Insurance, which are all powered by Rivian Cloud:</p><p><blockquote>除了设计和开发车辆和电池外，Rivian还提供自己的专属售后服务套件。其中包括 FleetOS、Driver+、Rivian金融服务和基于Rivian远程信息处理的保险，所有这些都由Rivian云提供支持：</blockquote></p><p> <ul>  <li>Rivian Cloud: Facilitated by AWS, Amazon’s cloud business, Rivian Cloud enables remote diagnostics, remote vehicle controls and OTA software updates. It also stores and analyzes data to enable Rivian’s suite of after-sales services and solutions, including FleetOS, Driver+, Rivian Financial Services, and Rivian Telematics-Based Insurance.</li>  <li>FleetOS: FleetOS is a fleet management tool that accompanies its commercial segment vehicles, starting with the EDV-Series. Using data collected and analyzed by Rivian Cloud, FleetOS is capable of managing vehicle distributions, telematics, software services and solutions, charging cycles, driver safety and training, vehicle security, remote diagnostics, 360+ collision reports, and other connectivity solutions.</li>  <li>Driver+: The level 2 ADAS that comes standard in every Rivian vehicle. Driver+ is compatible with in-vehicle connectivity to support OTA deployment of level 3 autonomy in the future when the technology becomes available. Driver+ works with a suite of cameras, ultrasonic sensors, radars and a high-precision GPS antenna to enable ADAS features including automatic emergency braking, lane-keeping assistance, highway assist, and parking assistance. Driver+ for EDV-Series vehicles also includes an overhead clearance warning feature. Meanwhile, Tesla continues to press forward with its Autopilot and Full Self-Driving developments, which will likely be incorporated into level 4/5 fully autonomous robotaxis in the future and plays a critical role in Tesla’s elevated valuation at the moment. This pretty much puts Rivian in the backseat when pitted against Tesla’s valuation prospects.</li>  <li>Rivian Financial Services: Rivian offers exclusive financing options for its buyers through Rivian Financial Services. The lending program is jointly operated with Chase Bank. Rivian Financial Services enables Rivian to offer its buyers with personalized financing options, while securing recurring revenues from commission fees earned for the conversion of customers on the Rivian Financial Services platform.</li>  <li>Rivian Telematics-Based Insurance: Rivian’s in-house telematics-based insurance uses user data collected from vehicles to tailor the quality of coverage and lower after-sales costs for buyers. Rivian is not the first to launch this kind of insurance offering. With the advent of cloud-based technology enabling real-time analytics on data collected from in-vehicle sensory infrastructure, others including Tesla,GM&nbsp;and Ford have launched similar telematics-based auto insurance programs. Considering better quality of coverage and cost efficiencies offered by telematics-based insurance from both the underwriters’ and consumers’ point of view, the eventual elimination of traditional auto insurance is imminent. By offering in-house telematics-based insurance coverage, Rivian puts itself in a competitive position against industry peers, while also attracting sales by lowering total costs of ownership. Rivian currently offers telematics-based insurance coverage on its vehicles in 48 states, while Tesla only offers similar in&nbsp;California and Texas.</li> </ul> Based on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.</p><p><blockquote><ul><li>Rivian云： 在亚马逊云业务 AWS 的推动下，Rivian云支持远程诊断、远程车辆控制和 OTA 软件更新。它还存储和分析数据，以支持Rivian的售后服务和解决方案套件，包括 FleetOS、Driver+、Rivian金融服务和基于Rivian远程信息处理的保险。</li><li>FleetOS：FleetOS 是一款车队管理工具，伴随其商用车辆，从 EDV 系列开始。使用Rivian云收集和分析的数据，FleetOS能够管理车辆分配、远程信息处理、软件服务和解决方案、充电周期、驾驶员安全和培训、车辆安全、远程诊断、360+碰撞报告和其他连接解决方案。</li><li>Driver+：每辆Rivian汽车标配的2级ADAS。Driver+与车载连接兼容，以支持未来该技术可用时3级自动驾驶的OTA部署。Driver+ 与一套摄像头、超声波传感器、雷达和高精度 GPS 天线配合使用，以实现 ADAS 功能，包括自动紧急制动、车道保持辅助、高速公路辅助和停车辅助。适用于 EDV 系列车辆的 Driver+ 还包括头顶间隙警告功能。与此同时，特斯拉继续推进其自动驾驶仪和全自动驾驶的研发，这很可能在未来被纳入 4/5 级全自动机器人出租车中，并在特斯拉目前的估值提升中发挥着关键作用。与特斯拉的估值前景相比，这几乎让Rivian处于次要地位。</li><li>Rivian金融服务：Rivian通过Rivian金融服务为其买家提供独家融资选择。该贷款计划由大通银行联合运营。Rivian金融服务使Rivian能够为其买家提供个性化的融资选择，同时从Rivian金融服务平台上客户转化所赚取的佣金中获得经常性收入。</li><li>Rivian基于远程信息处理的保险： Rivian内部基于远程信息处理的保险利用从车辆中收集的用户数据来定制保险质量，并为买家降低售后成本。Rivian并不是第一个推出此类保险产品的公司。随着基于云的技术的出现，能够对从车载传感基础设施收集的数据进行实时分析，特斯拉、通用汽车和福特等其他公司也推出了类似的基于远程信息处理的汽车保险计划。从保险公司和消费者的角度来看，基于远程信息处理的保险提供了更好的承保质量和成本效益，传统汽车保险的最终淘汰迫在眉睫。通过提供基于内部远程信息处理的保险范围，Rivian将自己置于与行业同行相比的竞争地位，同时还通过降低总拥有成本来吸引销售。Rivian目前在48个州为其车辆提供基于远程信息处理的保险，而特斯拉仅在加州和德克萨斯州提供类似的保险。</li></ul>基于 10 年的平均使用寿命，Rivian预计通过提供上述售后服务，售出的每辆消费和商用车将分别产生 67,900 美元和 64,600 美元的额外终身收入。</blockquote></p><p> Based on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.</p><p><blockquote>基于 10 年的平均使用寿命，Rivian预计通过提供上述售后服务，售出的每辆消费和商用车将分别产生 67,900 美元和 64,600 美元的额外终身收入。</blockquote></p><p> <b>Exclusive Charging Network</b></p><p><blockquote><b>专属充电网络</b></blockquote></p><p> Tesla was the first EV maker to set up its own exclusive network of charging infrastructure. Although an incredibly expensive endeavor to take on, it was really the EV titan’s only option to encourage mass market adoption of its vehicles during the early stages when public charging was rare. To date, only Chinese EV maker NIO and Rivian have engaged in similar investments, while the majority of EV startups and legacy automakers have instead relied on exclusive partnerships with public charging infrastructure providers to avoid additional capital deployment.</p><p><blockquote>特斯拉是第一家建立自己的专属充电基础设施网络的电动汽车制造商。虽然这是一项非常昂贵的努力，但在公共充电很少见的早期阶段，这确实是这家电动汽车巨头鼓励大众市场采用其汽车的唯一选择。迄今为止，只有中国电动汽车制造商蔚来和Rivian进行了类似的投资，而大多数电动汽车初创公司和传统汽车制造商则依靠与公共充电基础设施提供商的独家合作伙伴关系来避免额外的资本部署。</blockquote></p><p> The main reason for Rivian’s investment into building out its own exclusive network of charging infrastructure is really to close the loop on its comprehensive suite of complementary offerings and set its customers free from range anxiety, even when they are travelling further out in secluded areas. Rivian currently offers the following&nbsp;charging solutions:</p><p><blockquote>Rivian投资建设自己的专属充电基础设施网络的主要原因，实际上是为了完成其全面的配套产品的闭环，让客户摆脱里程焦虑，即使他们在偏远地区出行。Rivian目前提供以下充电解决方案：</blockquote></p><p></p><p> <ul>  <li>Rivian Adventure Network (“RAN”): RAN will eventually be composed of a network of more than 3,500 Rivian-designed direct current (“DC”) fast chargers located across 600 sites by 2023. The network of fast chargers are designed to charge up to 140 miles within 20 minutes, and will be strategically located in more remote “adventure destinations”, in addition to major highways.</li>  <li>Rivian Waypoints: Rivian’s proprietary network of level 2 chargers installed at partner destinations, such as hotels, offices, restaurants and parks, across the U.S. and Canada. Rivian Waypoint chargers can charge up to 25 miles per hour.</li>  <li>Fleet Charging: Commercial customers have the option of installing Rivian’s proprietary charging depot hardware at onsite. Fleet Charging enables commercial customers to manage fleet charging seamlessly and centrally with FleetOS.</li> </ul> <b>Is the $80 Billion Valuation Viable?</b></p><p><blockquote><ul><li>Rivian探险网络（“RAN”）： 到 2023 年，RAN 最终将由 3500 多个Rivian设计的直流（“DC”）快速充电器组成，分布在 600 个站点。快速充电器网络的设计目的是在 20 分钟内充电 140 英里，除了主要高速公路外，还将战略性地设置在更偏远的 “探险目的地 ”。</li><li>Rivian航点： Rivian专有的 2 级充电器网络安装在美国和加拿大的酒店、办公室、餐厅和公园等合作伙伴目的地。Rivian航路点充电器每小时可充电25英里。</li><li>车队充电： 商业客户可以选择在现场安装Rivian专有的充电站硬件。车队充电使商业客户能够使用FleetOS无缝集中管理车队充电。</li></ul><b>800亿美元的估值可行吗？</b></blockquote></p><p> While Rivian is amongst one of the most promising EV startups in recent years, a potential $80 billion valuation at its upcoming IPO would put it in the ranks of established legacy automakers like GM, Ford, Stellantis(NYSE:STLA)and Honda(NYSE:HMC)by market cap. It would also make it almost 1/10ththe value in which Tesla is currently being traded at, despite not having generated any meaningful revenues yet.</p><p><blockquote>虽然Rivian是近年来最有前途的电动汽车初创公司之一，但其即将进行的 IPO 估值可能达到 800 亿美元，这将使其跻身通用汽车、福特、Stellantis（纽约证券交易所股票代码：STLA）和本田（纽约证券交易所股票代码：HMC）等老牌传统汽车制造商的行列市值。这也将使其几乎是特斯拉目前交易价格的1/10，尽管尚未产生任何有意义的收入。</blockquote></p><p> Based on Rivian’s latest S-1 filing, the company has not generated any revenues so far. Commercial productions have only started last month, with deliveries to begin any day now. This puts Rivian in a similar position as Lucid, another highly valued pre-revenue EV startup that went public in July. With a start of production and delivery timeline similar to Rivian’s, Lucid currently trades at about 3x its&nbsp;estimated revenues for 2025&nbsp;with a market cap of $41 billion. Using the metric as a proxy on Rivian’s anticipated $80 billion valuation, the EV maker would need to generate revenues of $27.3 billion by 2025.</p><p><blockquote>根据Rivian最新的 S-1 文件，该公司迄今为止尚未产生任何收入。商业制作上个月才开始，现在随时可以开始交付。这使得Rivian处于与 Lucid 类似的境地，Lucid 是另一家高估值的营收前电动汽车初创公司，于 7 月上市。Lucid 的生产和交付时间表与Rivian相似，目前的交易价格约为其 2025 年预计收入的 3 倍，市值为 410 亿美元。以这一指标作为Rivian预计 800 亿美元估值的指标，这家电动汽车制造商到 2025 年需要创造 273 亿美元的收入。</blockquote></p><p> Our preliminary back-of-the-envelope calculation shows that Rivian would have to sell approximately 350,000 vehicles by 2025 to justify an $80 billion valuation based on comparable industry multiples (i.e. $27.3 billion revenue / $78,000 ASP):</p><p><blockquote>我们的初步后端计算显示，到 2025 年，Rivian必须销售约 350,000 辆汽车，才能根据可比行业倍数（即 273 亿美元收入 / 78,000 美元平均售价）证明 800 亿美元的估值是合理的：</blockquote></p><p></p><p> <ul>  <li>Rivian is estimated to sell its vehicles at an average selling price (“ASP”) of about $78,000.</li> </ul> <ul>  <ul>   <li>The R1T starts at $67,500 with an adventure option priced at $73,000. Pricing on the R1T can go as high as $103,965 with fully loaded options. This generates an estimated ASP of $81,488.</li>   <li>Meanwhile, the R1S starts at $70,000 with an adventure option priced at $75,500. Pricing on the R1S can go as high as $98,765 with fully loaded options, including the foldable tent and camp kitchen accessories which are currently unavailable for the SUV, but will be eventually. This generates an estimated ASP of $81,422.</li>   <li>Pricing on the EDV-Series is currently undisclosed, but the industry average is about $50,000 with the most expensive Bollinger Deliver-E expected to be&nbsp;priced at $75,000&nbsp;and the least expensive&nbsp;Canoo MPDV expected to be priced at $33,000.</li>   <li>The average of consumer and commercial vehicle lifetime revenues are approximately $66,300 over 10 years. This makes average other revenues of about $6,630 per vehicle per year.</li>   <li>Taking the three separate vehicle ASPs together, Rivian’s consolidated vehicle ASP is forecasted at about $71,000. Adding average incremental revenues of $6,630 per vehicle on top, Rivian’s ASP is projected at about $78,000.</li>  </ul>  <li>In terms of production capacity, Rivian’s Normal plant can currently produce up to 150,000 vehicles per year. By 2023, the plant is expected to reach production capacity of 200,000 vehicles per year. An additional Europe plant is expected to come online by 2023 to support Rivian’s overseas expansion plans, and a second U.S. plant is expected to come online by 2024. Assuming both additional plants can produce 150,000 vehicles each on an annual basis, total production capacity would reach 500,000 vehicles by 2025. On this basis, Rivian is expected to have sufficient production capacity to meet the revenue threshold required to support its potential $80 billion valuation.</li>  <li>In terms of actual demand, global passenger EV sales are expected to&nbsp;exceed 12.2 million units&nbsp;by 2025.28% of related sales&nbsp;are expected to come from Europe,10% from the U.S. and about&nbsp;15% from Canada. Hence, by geography, Rivian has a total addressable market of about 6.5 million units. With SUVs and pickup trucks accounting for&nbsp;about 70%&nbsp;of annual new car sales, this further narrows Rivian’s total addressable market down to about 4.5 million vehicles by 2025. Selling 350,000 vehicles by 2025 would yield an 8% share of Rivian’s TAM of 4.5 million units. This makes a tough market share figure to compete for against reputable pickup truck and SUV brands like Ford, GM and Toyota(NYSE:TM), which are all undergoing an aggressive transition to electric.</li>  <li>Rivian_-_Supporting_Calculations.pdf</li> </ul> While it is not entirely out of the question for Rivian to achieve our projected sales target by 2025, it will be a tough one. The EV maker has almost no room for error in the execution of its long-term growth roadmap in order to justify the $80 billion valuation. With Rivian having recently been a&nbsp;victim of the ongoing chip supply shortages, which had caused delays to the start of production of the R1T and R1S, similar woes are expected to recur as auto chip makers continue to warn of extended lead times that&nbsp;will not be going away anytime soon. Based on these considerations, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.</p><p><blockquote><ul><li>据估计，Rivian的平均售价（“ASP”）约为 78,000 美元。</li></ul><ul><ul><li>R1T 起价为 67,500 美元，冒险选项售价为 73,000 美元。如果选装齐全，R1T 的定价可高达 103,965 美元。这产生了81,488美元的估计平均售价。</li><li>与此同时，R1S 起价为 70,000 美元，冒险选装件售价为 75,500 美元。R1S 的售价可高达 98,765 美元，配备满载选项，包括可折叠帐篷和露营厨房配件，这些配件目前 SUV 还没有，但最终将会提供。这产生了81,422美元的估计平均售价。</li><li>EDV系列的定价目前尚未披露，但行业平均价格约为50,000美元，其中最贵的Bollinger Deliver-E预计定价为75,000美元，最便宜的Canoo MPDV预计定价为33,000美元。</li><li>10 年内，消费者和商用车的平均收入约为 66,300 美元。这使得每辆车每年的平均其他收入约为 6,630 美元。</li><li>将三个单独的汽车平均售价加在一起，Rivian的汽车综合平均售价预计约为 7.1 万美元。再加上每辆车 6,630 美元的平均增量收入，Rivian的平均售价预计约为 78,000 美元。</li></ul><li>就产能而言，Rivian的正常工厂目前每年最多可生产 15 万辆汽车。到2023年，该工厂预计将达到每年20万辆汽车的产能。另一家欧洲工厂预计将于 2023 年投产，以支持Rivian的海外扩张计划，第二家美国工厂预计将于 2024 年投产。假设两家新增工厂每年可生产 150,000 辆汽车，到 2025 年，总产能将达到 500,000 辆。在此基础上，Rivian有望拥有足够的产能来满足支撑其潜在800亿美元估值所需的收入门槛。</li><li>从实际需求来看，到2025年，全球乘用车电动汽车销量预计将超过1220万辆。28%的相关销量预计来自欧洲，10%来自美国，约15%来自加拿大。因此，从地理位置来看，Rivian的潜在市场总量约为650万台。SUV 和皮卡约占每年新车销量的 70%，到 2025 年，Rivian的潜在市场总量将进一步缩小到约 450 万辆。到 2025 年售出 35 万辆汽车，将在Rivian 450 万辆 TAM 中获得 8% 的份额。这使得与福特、通用汽车和丰田（纽约证券交易所股票代码：TM）等知名皮卡和 SUV 品牌竞争成为一个艰难的市场份额数字，这些品牌都在积极向电动汽车转型。</li><li>Rivian_-_支持计算.pdf</li></ul>虽然Rivian到 2025 年实现我们的预计销售目标并非完全不可能，但这将是一项艰巨的任务。这家电动汽车制造商在执行其长期增长路线图时几乎没有出错的余地，以证明 800 亿美元的估值是合理的。Rivian最近成为持续芯片供应短缺的受害者，导致 R1T 和 R1S 的投产延迟，随着汽车芯片制造商继续警告交货时间延长，预计类似的灾难还会再次发生，而且不会很快消失。基于这些考虑，我们对Rivian即将首次公开募股前的预期估值持中立态度。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Despite a highly vertically integrated business model and robust demand from its niche market, Rivian still has much to prove for its potential $80 billion valuation, let alone competing against the valuation prospects of Tesla. On the considerations of our foregoing analysis, our stance remains neutral on Rivian’s $80 billion valuation ahead of its IPO next month.</p><p><blockquote>尽管Rivian拥有高度垂直整合的商业模式和利基市场的强劲需求，但其800亿美元的潜在估值仍有很多需要证明的地方，更不用说与特斯拉的估值前景竞争了。基于上述分析的考虑，我们对Rivian下个月首次公开募股前 800 亿美元的估值保持中立。</blockquote></p><p></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>How Well Can Rivian Compete With Tesla?<blockquote>Rivian能与特斯拉竞争多少？</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nHow Well Can Rivian Compete With Tesla?<blockquote>Rivian能与特斯拉竞争多少？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-10-21 13:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Rivian, an EV start-up backed by Amazon and Ford, has been the talk-of-the-town in recent weeks after its announcement of a potential $80-billion IPO next month.</li>  <li>After 12 years of R&amp;D, Rivian's flagship R1T electric pickup truck finally began commercial productions last month, with the first customer deliveries happening any day now.</li>  <li>Rivian is one of the most vertically integrated EV makers in recent years and even has its own exclusive network of charging infrastructure similar to Tesla's Superchargers.</li>  <li>Similarities in both EV makers' business models have drawn comparisons between the two, with some even pondering if Rivian has a chance to challenge Tesla's valuation.</li>  <li>But with a limited product line made for a market niche, and a limited global footprint, Rivian still has much to prove for its potential $80-bilion valuation, let alone challenging Tesla's elevated valuation prospects. As such, our stance remains neutral on Rivian ahead of its upcoming IPO.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/426afcd9b23aa51eb437f865febe422c\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Phillip Faraone/Getty Images Entertainment</span></p><p><blockquote><ul><li>Rivian是一家由亚马逊和福特支持的电动汽车初创公司，在宣布下个月可能进行 800 亿美元的 IPO 后，最近几周一直是人们谈论的话题。</li><li>经过 12 年的研发，Rivian 的旗舰 R1T 电动皮卡车终于在上个月开始商业生产，第一批客户交付现已随时进行。</li><li>Rivian是近年来垂直整合程度最高的电动汽车制造商之一，甚至拥有自己的专属充电基础设施网络，类似于特斯拉的超级充电站。</li><li>两家电动汽车制造商商业模式的相似性引起了两者之间的比较，有些人甚至怀疑Rivian是否有机会挑战特斯拉的估值。</li><li>但由于针对细分市场的产品线有限，全球足迹有限，Rivian仍有很多东西需要证明其 800 亿美元的潜在估值，更不用说挑战特斯拉的高估值前景了。因此，在Rivian即将首次公开募股之前，我们对其的立场保持中立。</li></ul><p class=\"t-img-caption\"><span>菲利普·法拉奥内/盖蒂图片社娱乐</span></p></blockquote></p><p> Rivian (pre-IPO:RIVN) is one of the&nbsp;most promising EV startups&nbsp;in recent years, backed by high-profile investors including Ford (F) and Amazon (AMZN). With a focus on making lifestyle vehicles suited to bring users closer to nature and enable greater outdoor exploration, Rivian debuted the R1T electric pickup truck and R1S electricSUVfor the consumer segment&nbsp;about three years ago, with plans to begin customer deliveries before the end of this year. In addition to consumer segment vehicles, Rivian is also known for their&nbsp;arrangement with Amazon&nbsp;to deliver 100,000 last-mile delivery electric vans before 2030.</p><p><blockquote>Rivian（IPO 前股票代码：RIVN）是近年来最有前途的电动汽车初创公司之一，得到了福特 (F) 和亚马逊 (AMZN) 等知名投资者的支持。Rivian专注于制造适合让用户更接近自然并实现更多户外探索的生活方式汽车，大约三年前，Rivian面向消费者市场推出了R1T电动皮卡和R1S电动SUV，并计划在今年年底前开始向客户交付。除了消费类车辆外，Rivian还因与亚马逊达成协议，在 2030 年之前交付 10 万辆最后一英里送货电动货车而闻名。</blockquote></p><p> Having just began commercial productions of the flagship R1T electric pickup truck about&nbsp;a month ago,Rivian is slated for an IPO valued at up to&nbsp;$80 billion&nbsp;sometime around Thanksgiving. While many electric vehicle (“EV”) startups have chosen to go public in recent years through reverse mergers with blank-cheque companies for&nbsp;quick access to funding for their capital-intensive ventures, Rivian will be doing it the traditional way, which is almost unprecedented for a pre-revenue company. The projected $80 billion valuation would also make Rivian’s IPO the highest valued debut on the Nasdaq this year. This puts Rivian’s anticipated valuation at almost 1/10ththe size of industry leader Tesla’s (TSLA) recent market cap of more than $800 billion, double the size of industry peer Lucid’s (LCID) $40 billion market cap, and about 1/3rdmore than Ford’s $60 billion market cap.</p><p><blockquote>大约一个月前，Rivian 刚刚开始商业化生产旗舰 R1T 电动皮卡，计划在感恩节前后进行价值高达 800 亿美元的 IPO。近年来，许多电动汽车（“EV”）初创公司选择通过与空白支票公司反向合并上市，以便为其资本密集型企业快速获得资金，而Rivian将采用传统方式上市，这对于一家营收前公司来说几乎是前所未有的。预计 800 亿美元的估值也将使Rivian的 IPO 成为今年纳斯达克上估值最高的首次公开募股。这使得Rivian的预期估值几乎是行业领导者特斯拉（TSLA）近期超过 8000 亿美元市值的 1/10，是行业同行 Lucid（LCID）400 亿美元市值的两倍，比福特 600 亿美元市值高出约 1/3。</blockquote></p><p> As one of the most vertically integrated EV makers to come after Tesla, with direct participation in vehicle design and battery development to building an exclusive network of charging infrastructure, investors have begun to draw comparisons between the two and ponder on whether Rivian has the potential to grow into something like the EV titan. For years, Tesla has dominated the global EV sector in terms of sales volume and valuation due to its first-mover advantage in pioneering the passenger EV industry, and building everything from its batteries to the Supercharging network from ground-up to support mass market adoption in the last decade. But the rising number of new entrants to the emerging industry in recent years, including Rivian which provides a similar comprehensive ecosystem to support its vehicles, may just be enough to put Tesla on notice.</p><p><blockquote>作为继特斯拉之后垂直一体化程度最高的电动汽车制造商之一，直接参与车辆设计和电池开发，构建独家充电基础设施网络，投资者开始对两者之间进行比较，并思考Rivian是否有潜力成长为电动汽车巨头。多年来，特斯拉凭借其在开拓乘用车电动汽车行业方面的先发优势，在销量和估值方面一直主导着全球电动汽车行业，并从头开始建设从电池到超级充电网络的一切，以支持过去十年的大众市场采用。但近年来新兴行业的新进入者数量不断增加，包括提供类似全面生态系统来支持其汽车的Rivian，可能足以引起特斯拉的注意。</blockquote></p><p> Although Rivian has built its consumer and commercial vehicle line-up with a very specific audience in mind, namely outdoor enthusiasts and last-mile delivery operators, it does have the operational capacity and regulatory green light to proceed with sales ahead of the most comparable Tesla&nbsp;Cybertrucks&nbsp;and&nbsp;Semis, which have been delayed to next year. Rivian also has better range capability than some of the other pickups and SUVs, two of the best-selling vehicle segments, slated to rollout starting next year which gives it a head-start in the increasingly competitive landscape.</p><p><blockquote>尽管Rivian在构建消费和商用车阵容时考虑到了非常特定的受众，即户外运动爱好者和最后一英里送货运营商，但它确实拥有运营能力和监管绿灯，可以先于最具可比性的特斯拉Cybertrucks和Semis进行销售，这已被推迟到明年。Rivian还拥有比其他一些皮卡和 SUV 更好的续航里程能力，这两个最畅销的汽车细分市场预计将于明年开始推出，这使其在竞争日益激烈的格局中处于领先地位。</blockquote></p><p></p><p> Rivian has already gotten its foot down on the most difficult part, which is getting its vehicles to the start of production. And with proven demand as evidenced by the 48,390 reservations recorded to date for the R1T and R1S models and a long-term contract for the last-mile delivery vans with Amazon, it does appear to be among “one of the most promising of a large pool of EV startups” in recent years to compete for market share against Tesla. But with a projected valuation of $80 billion right from the get-go, Rivian is left with very little wiggle room for error in the execution of its vehicles’ upcoming debut on roadways, production ramp, and long-term growth roadmap. On this basis, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.</p><p><blockquote>Rivian已经踏上了最困难的部分，那就是让其车辆开始生产。迄今为止，R1T 和 R1S 车型的预订量为 48,390 辆，以及与亚马逊签订的最后一英里送货车长期合同都证明了这一点，亚马逊似乎确实是近年来 “最有前途的大型电动汽车初创公司之一 ”与特斯拉争夺市场份额。但是，由于Rivian从一开始的预计估值就高达 800 亿美元，因此在执行其车辆即将上路的首次亮相、产量提升和长期增长路线图时，几乎没有出错的余地。在此基础上，我们对Rivian即将首次公开募股前的预期估值持中立态度。</blockquote></p><p> <b>Rivian Overview</b></p><p><blockquote><b>Rivian概览</b></blockquote></p><p> It took almost 12 years for Rivian, founded by RJ Scaringe, to debut its first customer-ready vehicle. Based in Irvine, California, Rivian has its mission to “keep the world adventurous forever” etched deeply into every one of its vehicles. The EV maker currently services both the consumer and commercial sector with a line-up that consists of the R1T pickup truck, R1S SUV, and EDV-series last-mile delivery vans.</p><p><blockquote>由 RJ Scaringe 创立的Rivian花了近 12 年时间才推出了第一款面向客户的汽车。总部位于加州尔湾市的Rivian将 “让世界永远充满冒险 ”的使命深深地烙印在其每一辆汽车上。这家电动汽车制造商目前为消费者和商业领域提供服务，产品阵容包括 R1T 皮卡、R1S SUV 和 EDV 系列最后一英里送货车。</blockquote></p><p> <b>The R1-Series</b></p><p><blockquote><b>R1系列</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9241989beaf7d245c669a7e27d83480\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: Rivian.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Rivian.com</span></p></blockquote></p><p> The R1T and R1S are built on the R1-platform designed for the consumer segment. The R1 platform combines “performance, utility and efficiency” to enable a streamlined driving and passenger experience for all adventures. In terms of technology, the R1-series vehicles capture a comprehensive in-car infotainment system with built-in connectivity features to support cloud-enabled over-the-air (“OTA”) updates, paired with a proprietary battery pack designed to deliver range capability of up to 400 miles on a single charge. The vehicles also come standard with Driver+, Rivian’s advanced driver-assistance system (“ADAS”), with features including automatic emergency braking, lane-keeping assistance, highway assist and parking assist. So far, the comprehensive suite of in-vehicle technology vies closely to those offered by Tesla, as well as many of the other contenders within the EV sector.</p><p><blockquote>R1T 和 R1S 基于专为消费者领域设计的 R1 平台打造。R1 平台集 “性能、实用性和效率 ”于一身，为所有探险活动提供简化的驾驶和乘客体验。在技术方面，R1 系列车辆配备了全面的车载信息娱乐系统，具有内置连接功能，可支持云支持的无线 (“OTA”) 更新，并配有专有电池组，可提供一次充电可达 400 英里的续航里程。这些车辆还标配了Rivian的高级驾驶辅助系统（“ADAS”）Driver+，其功能包括自动紧急制动、车道保持辅助、高速公路辅助和停车辅助。到目前为止，全面的车载技术套件与特斯拉提供的技术以及电动汽车领域的许多其他竞争者竞争激烈。</blockquote></p><p> But what really differentiates Rivian is its commitment to curating an experience-driven lifestyle vehicle that suits the needs of every outdoor enthusiast, while also ensuring compatibility across different use cases and geographies to drive demand. The consumer-centric R1-series are equipped with a complementing suite of value-add accessories and services ranging from camp tents and kitchens to exclusive insurance plans tailored to provide coverage even for extreme adventures like off-roading. While pickup trucks have been historically associated with work rigs, Rivian’s R1T electric pickup proves that it can address the needs of diverse use cases with a battery system and propulsion that can sustain extreme road conditions, while offering ample storage and additional accessories to accommodate extended road-trips.</p><p><blockquote>但真正让Rivian与众不同的是，它致力于策划一款体验驱动的生活方式车，满足每一位户外爱好者的需求，同时确保不同用例和地理位置的兼容性，以推动需求。以消费者为中心的R1系列配备了一套补充的增值配件和服务，从露营帐篷和厨房到专为越野等极端冒险而量身定制的专属保险计划。虽然皮卡历来与工作设备联系在一起，但Rivian的 R1T 电动皮卡证明了它可以通过电池系统和推进系统满足各种使用场景的需求，能够承受极端路况，同时提供充足的存储空间和额外的配件，以适应长时间的公路旅行。</blockquote></p><p> The R1-Series vehicles, especially the R1T pickup, has a better mass market appeal than Tesla’s comparable, the Cybertruck, to some extent due to its diversified use case, which underscores a robust sales outlook for Rivian. Tesla’s proposed launch for the Cybertrucks have also again been proven to be overly optimistic given its extremely complex manufacturing process, which gives Rivian a head start in the competition for market share. The quirky steel-bodied electric pickup truck, which was originally slated for start of production and deliveries by 2021 year-end, has been quietly delayed until at least the end of 2022 per a&nbsp;recent update&nbsp;made to the vehicle’s online sales page. Nonetheless, both contenders have some serious competition coming up, including Ford’s F-150 Lightning and GMC’s electric Hummer which start customer deliveries next year. The F-150 Lightning and GMC electric Hummer’s ICE-counterparts have historically been the biggest sellers amongst the pickup truck segment, and both battery-powered pickups seem to be on track towards similar achievements, with Ford having&nbsp;recently doubled&nbsp;its annual production capacity for the F-150 Lightning to 80,000 units to address rising demand.</p><p><blockquote>R1 系列汽车，尤其是 R1T 皮卡，比特斯拉的同类产品 Cybertruck 更具大众市场吸引力，这在一定程度上是由于其多样化的使用场景，这凸显了Rivian强劲的销售前景。鉴于特斯拉提出的 Cybertrucks 制造工艺极其复杂，这使得Rivian在市场份额竞争中占据了领先地位，因此该公司提议推出的 Cybertrucks 也再次被证明是过于乐观的。根据该车在线销售页面最近的更新，这款古怪的钢制车身电动皮卡车原定于 2021 年底开始生产和交付，但已悄然推迟到至少 2022 年底。尽管如此，这两款竞争者都将面临激烈的竞争，包括福特的 F-150 Lightning 和 GMC 的电动悍马，它们将于明年开始向客户交付。F-150 Lightning 和 GMC 电动悍马的 ICE 同类产品历来都是皮卡领域最畅销的车型，而这两款电池驱动的皮卡似乎也有望取得类似的成就，福特最近将 F-150 Lightning 的年产能提高了一倍，达到 8 万辆，以满足不断增长的需求。</blockquote></p><p> <b>The EDV-Series</b></p><p><blockquote><b>EDV系列</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01e6b9f7f3154d596eafce2dc1491baa\" tg-width=\"640\" tg-height=\"362\" width=\"100%\" height=\"auto\"><span>Source: Rivian Automotive, Inc. Form S-1</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Rivian汽车公司 S-1 表格</span></p></blockquote></p><p> In addition to consumer-oriented EVs, Rivian also services fleet-based mobility with its EDV-series electric last-mile delivery vans. The vans come in three models based on different storage capacities and range capability:</p><p><blockquote>除了面向消费者的电动汽车外，Rivian还通过其 EDV 系列电动最后一英里送货车为基于车队的移动提供服务。根据不同的存储容量和续航里程能力，货车有三种型号：</blockquote></p><p></p><p> <ul>  <li>EDV 500 – Slated for initial deliveries in December, the EDV 500 has range capability of up to 150 miles on a single charge with 500 cubic feet of storage.</li>  <li>EDV 700 – Slated for initial deliveries in early 2022, the EDV 700 has range capability of up to 150 miles on a single charge with 660 cubic feet of storage.</li>  <li>EDV 900 – The EDV 900 will launch after deliveries begin for the EDV 500 and EDV 700 vans. As the world’s first long-range electric work van, the EDV 900 boasts 840 cubic feet of storage capacity and is capable of traveling up to 120 miles on a single charge.</li> </ul> Built on the RCV platform, the EDV-series boasts a range of up to 150 miles on a single charge and are equipped with the same advanced technology as the R1-series, like Driver+. The EDV-series are also exclusively compatible with Rivian’s proprietary fleet management service tool, FleetOS. FleetOS is a cloud-based fleet management tool that offers a wide array of services ranging from fleet distribution and charging management, to fleet insurance and financing. The tool aims to minimize total costs of ownership for fleet operators, while ensuring a recurring revenue stream for Rivian over the course of the vehicles’ lifecycles.</p><p><blockquote><ul><li>EDV 500 – EDV 500 计划于 12 月首次交付，单次充电可行驶 150 英里，存储空间为 500 立方英尺。</li><li>EDV 700 – EDV 700 计划于 2022 年初首次交付，单次充电续航里程可达 150 英里，存储空间为 660 立方英尺。</li><li>EDV 900–EDV 900将在EDV 500和EDV 700货车开始交付后推出。作为世界上第一款远程电动工作车，EDV 900 拥有 840 立方英尺的存储容量，一次充电可行驶 120 英里。</li></ul>EDV系列基于RCV平台打造，一次充电可行驶150英里，并配备了与R1系列相同的先进技术，如Driver+。EDV 系列还与Rivian专有的车队管理服务工具 FleetOS 独家兼容。FleetOS是一个基于云的车队管理工具，提供从车队分配和收费管理到车队保险和融资的广泛服务。该工具旨在最大限度地降低车队运营商的总拥有成本，同时确保Rivian在车辆生命周期内获得经常性收入来源。</blockquote></p><p> With accelerated e-commerce adoption during the pandemic and increasingly urgent carbon neutralization mandates, global demand for electric last-mile delivery vehicles is expected to advance at a compounded annual growth rate (“CAGR”) of&nbsp;more than 13%&nbsp;over the next five years, which makes strong tailwinds for Rivian’s commercial business unit in the long-run. Paired with a long-term exclusive contract to provide 100,000 EDV-Series delivery vans to Amazon into 2030, Rivian benefits from higher financial visibility. Amazon currently has exclusive rights to Rivian's EDV-Series vehicles in the first four years following initial productions, and a right of first refusal in the two years thereafter. Amazon and Rivian’s collaboration will also serve as validation for other commercial customers in the long-run, which further bolsters the segment’s sales outlook. And similar to the narrative on Tesla’s Cybertruck, delays on the comparable Semi trucks also put Rivian ahead of the EV titan in penetrating the fast-growing last-mile delivery market.</p><p><blockquote>随着大流行病期间电子商务的加速普及和日益紧迫的碳中和任务，预计未来五年，全球对电动最后一英里送货车的需求将以超过 13% 的复合年增长率 (“CAGR”) 增长，从长远来看，这将为Rivian的商业业务部门带来强大的推动力。再加上到 2030 年向亚马逊提供 100,000 辆 EDV 系列送货车的长期独家合同，Rivian受益于更高的财务知名度。亚马逊目前拥有 Rivian EDV 系列车辆在初始生产后四年内的独家权利，并在此后两年内拥有优先购买权。从长远来看，亚马逊和Rivian的合作也将为其他商业客户提供验证，从而进一步提振该细分市场的销售前景。与特斯拉 Cybertruck 的情况类似，同类半挂卡车的延误也让Rivian在打入快速增长的最后一英里送货市场方面领先于电动汽车巨头。</blockquote></p><p> <b>Direct Go-to-Market Strategy</b></p><p><blockquote><b>直接进入市场战略</b></blockquote></p><p> Similar to Tesla and many of its industry peers, Rivian adopts a direct sales go-to-market strategy that involves showroom-style “experience spaces” supported by an online sales platform. Rivian currently makes most of its sales online, and operates six service centers across California, Illinois, Washington and New York, along with a fleet of 11 on-demand mobile service vehicles and a 24/7 service support center in Michigan. Another 120 service centers and 1,000 mobile service vans are on the way, with planned rollouts through to 2023. Rivian’s vehicles will be displayed through four primary types of experience spaces:</p><p><blockquote>与特斯拉及其许多行业同行类似，Rivian采取的是直接销售进入市场的战略，即在在线销售平台的支持下，开设展厅式的 “体验空间 ”。Rivian目前的大部分销售都是在网上进行的，在加州、伊利诺伊州、华盛顿州和纽约州运营着六个服务中心，还有一支由11辆按需移动服务车辆组成的车队，以及一个位于密歇根州的24/7服务支持中心。另外 120 个服务中心和 1,000 辆移动服务车正在建设中，计划于 2023 年推出。Rivian的车辆将通过四种主要类型的体验空间进行展示：</blockquote></p><p> <ul>  <li>Hubs: Permanent experience centers situated in high-density city neighborhoods. The&nbsp;first Rivian hub&nbsp;will open in Venice, California on October 17th.</li>  <li>Seasonal Spaces: Temporary pop-up spaces aimed at introducing the Rivian brand to new communities</li>  <li>Outposts: Outposts are typically located in adventure destinations, where Rivian vehicles can be rented by users to enable immediate exploration of the outdoors</li>  <li>Preserves: Protected land that Rivian plans to help conserve and save. Rivian vehicles will be provided for community use in preserves.</li> </ul> In addition to the experience spaces, test drives can also bearranged online, where an exclusive Field Specialist will be allocated to guide the process.</p><p><blockquote><ul><li>中心：位于高密度城市社区的永久性体验中心。第一个Rivian中心将于10月17日在加州威尼斯开业。</li><li>季节性空间：旨在向新社区介绍Rivian品牌的临时弹出式空间</li><li>前哨：前哨通常位于探险目的地，用户可以在那里租用Rivian汽车，以便立即探索户外</li><li>保护区：Rivian计划帮助保护和拯救的受保护土地。Rivian车辆将提供给保护区的社区使用。</li></ul>除了体验空间之外，还可以在线安排试驾，届时将指派一名专属的领域专家来指导整个过程。</blockquote></p><p> Like many recent EV startups, migrating away from traditional dealership sales will allow Rivian to further enhance brand awareness through a refined and relaxed environment. With showrooms located in city neighborhoods and experience-oriented spaces, Rivian hopes to alleviate the pressure to purchase that customers typically experience in sales-centric dealerships and instead provide a refined and information space for them to learn about the brand and engage with the technology that it has to offer. And from a cost perspective, the direct sales strategy through experience spaces combined with a supporting online sales platform will help Rivian reduce inventory financial costs. It will also enable buyers with the option to customize vehicle purchases to their own liking, and provide a completely customer-centric experience as promised. The realized cost efficiencies will also allow greater capital deployment towards other areas of growing the business, such as enhancing customer experience, and ultimately creating incremental value for its shareholders.</p><p><blockquote>与许多最近的电动汽车初创公司一样，摆脱传统的经销商销售将使Rivian能够通过精致和轻松的环境进一步提高品牌知名度。Rivian希望通过位于城市社区和以体验为导向的空间的陈列室来减轻客户通常在以销售为中心的经销商中经历的购买压力，而是为他们提供一个精致的信息空间来了解品牌并参与其提供的技术。从成本角度来看，通过体验空间结合配套的在线销售平台的直销策略将有助于Rivian降低库存财务成本。它还将使买家能够根据自己的喜好定制车辆购买，并像承诺的那样提供完全以客户为中心的体验。实现的成本效率还将允许将更多的资本部署到业务增长的其他领域，例如增强客户体验，并最终为股东创造增量价值。</blockquote></p><p></p><p> Rivian’s R1-Series vehicles will first be made available in North America, with further expansion to Western Europe starting in 2023. Although Rivian’s foreseeable markets lackluster compared to Tesla’s presence across 40 countries on the map, it has been strategically planned to maximize value and support the company’s long-term growth.</p><p><blockquote>Rivian的 R1 系列汽车将首先在北美上市，并于 2023 年开始进一步扩展到西欧。虽然与特斯拉在地图上 40 个国家的业务相比，Rivian可预见的市场黯然失色，但它已经制定了战略规划，以实现价值最大化并支持公司的长期发展。</blockquote></p><p> With the Biden Administration’s recent pledge to reduce greenhouse gas pollution by&nbsp;at least 50% to 52% from 2005 levels&nbsp;by 2030, the U.S. has seen a heightened urgency towards electrifying the transportation sector. Multiple infrastructure bills that are currently under review have been set to include funding for building out the U.S. EV economy. President Biden has also recently made it a national goal to have half of new car sales be&nbsp;emissions-free by 2030. The continued rollout of favorable policy support from the government are expected to stimulate the American EV economy, and propel domestic EV demand growth at a CAGR of 30% through to the end of the decade. This makes strong tailwinds for Rivian, which is expected to have its vehicles become a key part of the estimated 14 million EVs on American roads by 2030.</p><p><blockquote>拜登政府最近承诺到 2030 年将温室气体污染在 2005 年的基础上减少至少 50% 至 52%，这使得美国交通部门电气化的紧迫性日益增强。目前正在审查的多项基础设施法案将包括为建设美国电动汽车经济提供资金。拜登总统最近还将到 2030 年使一半的新车销售实现零排放作为国家目标。政府持续推出有利的政策支持预计将刺激美国电动汽车经济，并推动国内电动汽车需求在本十年末以30%的复合年增长率增长。这为Rivian带来了强劲的推动力，预计到 2030 年，该公司的汽车将成为美国道路上估计 1400 万辆电动汽车的关键组成部分。</blockquote></p><p> Rivian’s further expansion into Western Europe beginning 2023 is also a strategic move that is expected to pay large dividends in the long-run. Europe is currently the world’s second-largest EV market, running closely behind China and accounting for 42% of global EV sales in 2020. The region’s EV adoption rate has continued to soar in the first half of 2021, with&nbsp;almost 20%&nbsp;of new passenger vehicle sales being battery-powered. Much of this progress is by courtesy of Europe’s stringent regulatory landscape over greenhouse gas emissions. The EU has recently tightened its climate change policy by raising its emissions reduction target to at least 55% by 2030 compared to 1990 levels through the “Fit for 55” legislation package. The pact has also committed to having all new vehicle sales be emissions-free by 2035 to encourage greater EV adoption across the broader European markets, including France and Germany, in coming years. With Tesla only accounting for&nbsp;7% of Europe’s EV market share, and&nbsp;SUVs continuing to dominate&nbsp;the region’s new car sales, Rivian is well-positioned for high-growth opportunities ahead.</p><p><blockquote>Rivian从 2023 年初进一步向西欧扩张也是一项战略举措，从长远来看，预计将带来巨大的红利。欧洲目前是全球第二大电动汽车市场，仅次于中国，2020 年占全球电动汽车销量的 42%。2021 年上半年，该地区的电动汽车普及率继续飙升，近 20% 的新乘用车销量是电池驱动的。这一进展在很大程度上要归功于欧洲对温室气体排放的严格监管环境。欧盟最近收紧了气候变化政策，通过 “适合 55 人 ”一揽子立法，将到 2030 年的减排目标提高到比 1990 年水平至少减少 55%。该协议还承诺到 2035 年使所有新车销售实现零排放，以鼓励未来几年在包括法国和德国在内的更广泛的欧洲市场更多地采用电动汽车。特斯拉仅占欧洲电动汽车市场份额的 7%，而 SUV 继续主导该地区的新车销售，因此Rivian在未来的高增长机遇方面处于有利地位。</blockquote></p><p> <b>A Highly Vertically Integrated Business Model</b></p><p><blockquote><b>高度垂直整合的商业模式</b></blockquote></p><p> Rivian is also one of the most vertically integrated EV start-ups in recent years. Not only does it design and manufacture its vehicles and related technology in-house, Rivian also operates an exclusive network of charging infrastructure like Tesla does. The EV maker also provides a wide variety of post-sales turnkey solutions to secure recurring revenues, underpinning sustainable long-term growth.</p><p><blockquote>Rivian也是近年来垂直整合程度最高的电动汽车初创企业之一。Rivian不仅在内部设计和制造车辆及相关技术，还像特斯拉一样运营着独家充电基础设施网络。这家电动汽车制造商还提供各种售后交钥匙解决方案，以确保经常性收入，支撑可持续的长期增长。</blockquote></p><p> <b>In-House Production Strategy</b></p><p><blockquote><b>内部生产策略</b></blockquote></p><p> Rivian currently performs its own in-house R&amp;D for almost every aspect of its vehicles, including the powertrain, battery technology, in-car infotainment and connectivity system, integrated safety, chassis and Driver+ ADAS system. Productions for the R1-Series and EDV-Series are also currently in process at its&nbsp;Normal, Illinois plant, which was purchased from Mitsubishi in 2017. The Normal plant currently has an annual production capacity of 150,000 units, with further expansion to 200,000 units by 2023 at full production ramp.</p><p><blockquote>Rivian目前对其车辆的几乎每个方面都进行了自己的内部研发，包括动力系统、电池技术、车载信息娱乐和连接系统、集成安全、底盘和驾驶员+ ADAS系统。R1 系列和 EDV 系列的生产目前也在其位于伊利诺伊州的 Normal 工厂进行，该工厂于 2017 年从三菱购买。正常工厂目前的年产能为 150,000 台，到 2023 年满负荷生产时将进一步扩大至 200,000 台。</blockquote></p><p> The EV maker has begun its hunt for a second assembly plant in the U.S.&nbsp;since July, with speculations of a finalized investment in a factory located near&nbsp;Fort Worth, Texas. The new facility is expected to have an annual production capacity of 200,000 vehicles. If Rivian confirms its investment in the Texas plant, it is slated to benefit from tax incentives valued at up to $440 million, which offsets some of the significant investment costs. Many California-based companies, including Tesla, have set up offices and manufacturing facilities in&nbsp;Texas in recent years&nbsp;to take advantage of the state’s lower tax rate, as well as affordable costs of living, while pressing forward with expansion plans. The Texas plant would cost Rivian about $5 billion. Much of the capital investment commitment would be deployed towards real property improvements and other construction costs required to bring the plant online by 2024.</p><p><blockquote>自 7 月以来，这家电动汽车制造商已开始在美国寻找第二家装配厂，并有猜测称已敲定对位于德克萨斯州沃思堡附近的一家工厂的投资。新工厂预计年产能为20万辆汽车。如果Rivian确认对德克萨斯工厂的投资，预计将受益于价值高达 4.4 亿美元的税收优惠，这将抵消部分重大投资成本。近年来，包括特斯拉在内的许多加州公司都在得克萨斯州设立了办事处和制造工厂，以利用该州较低的税率和可负担的生活成本，同时推进扩张计划。德克萨斯工厂将花费Rivian约 50 亿美元。大部分资本投资承诺将用于房地产改善和其他建设成本，以在 2024 年之前使工厂上线。</blockquote></p><p> At the same time, Rivian is also looking for a location to house&nbsp;its productions in Europe&nbsp;starting in 2023. While no site has been confirmed yet, the U.K., Germany and Hungary are amongst the key locations being considered. The materialization of Rivian’s production expansion plans across North America and Europe will strengthen its efficiency in scaling productions, while further bolstering its market penetration capabilities against Tesla and other industry peers, as global EV adoption takes off with heightened demand in coming years.</p><p><blockquote>与此同时，Rivian也在寻找从 2023 年开始在欧洲生产的地点。虽然还没有确定地点，但英国、德国和匈牙利是正在考虑的主要地点之一。随着未来几年全球电动汽车的普及和需求的增加，Rivian在北美和欧洲的生产扩张计划得以实现，将提高其扩大生产规模的效率，同时进一步增强其相对于特斯拉和其他行业同行的市场渗透能力。</blockquote></p><p> <b>Turnkey Post-Sales Solutions</b></p><p><blockquote><b>交钥匙售后解决方案</b></blockquote></p><p></p><p> In addition to the design and development of its vehicles and batteries, Rivian also makes its own exclusive suite of after-sales services. These include FleetOS, Driver+, Rivian Financial Services and Rivian Telematics-Based Insurance, which are all powered by Rivian Cloud:</p><p><blockquote>除了设计和开发车辆和电池外，Rivian还提供自己的专属售后服务套件。其中包括 FleetOS、Driver+、Rivian金融服务和基于Rivian远程信息处理的保险，所有这些都由Rivian云提供支持：</blockquote></p><p> <ul>  <li>Rivian Cloud: Facilitated by AWS, Amazon’s cloud business, Rivian Cloud enables remote diagnostics, remote vehicle controls and OTA software updates. It also stores and analyzes data to enable Rivian’s suite of after-sales services and solutions, including FleetOS, Driver+, Rivian Financial Services, and Rivian Telematics-Based Insurance.</li>  <li>FleetOS: FleetOS is a fleet management tool that accompanies its commercial segment vehicles, starting with the EDV-Series. Using data collected and analyzed by Rivian Cloud, FleetOS is capable of managing vehicle distributions, telematics, software services and solutions, charging cycles, driver safety and training, vehicle security, remote diagnostics, 360+ collision reports, and other connectivity solutions.</li>  <li>Driver+: The level 2 ADAS that comes standard in every Rivian vehicle. Driver+ is compatible with in-vehicle connectivity to support OTA deployment of level 3 autonomy in the future when the technology becomes available. Driver+ works with a suite of cameras, ultrasonic sensors, radars and a high-precision GPS antenna to enable ADAS features including automatic emergency braking, lane-keeping assistance, highway assist, and parking assistance. Driver+ for EDV-Series vehicles also includes an overhead clearance warning feature. Meanwhile, Tesla continues to press forward with its Autopilot and Full Self-Driving developments, which will likely be incorporated into level 4/5 fully autonomous robotaxis in the future and plays a critical role in Tesla’s elevated valuation at the moment. This pretty much puts Rivian in the backseat when pitted against Tesla’s valuation prospects.</li>  <li>Rivian Financial Services: Rivian offers exclusive financing options for its buyers through Rivian Financial Services. The lending program is jointly operated with Chase Bank. Rivian Financial Services enables Rivian to offer its buyers with personalized financing options, while securing recurring revenues from commission fees earned for the conversion of customers on the Rivian Financial Services platform.</li>  <li>Rivian Telematics-Based Insurance: Rivian’s in-house telematics-based insurance uses user data collected from vehicles to tailor the quality of coverage and lower after-sales costs for buyers. Rivian is not the first to launch this kind of insurance offering. With the advent of cloud-based technology enabling real-time analytics on data collected from in-vehicle sensory infrastructure, others including Tesla,GM&nbsp;and Ford have launched similar telematics-based auto insurance programs. Considering better quality of coverage and cost efficiencies offered by telematics-based insurance from both the underwriters’ and consumers’ point of view, the eventual elimination of traditional auto insurance is imminent. By offering in-house telematics-based insurance coverage, Rivian puts itself in a competitive position against industry peers, while also attracting sales by lowering total costs of ownership. Rivian currently offers telematics-based insurance coverage on its vehicles in 48 states, while Tesla only offers similar in&nbsp;California and Texas.</li> </ul> Based on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.</p><p><blockquote><ul><li>Rivian云： 在亚马逊云业务 AWS 的推动下，Rivian云支持远程诊断、远程车辆控制和 OTA 软件更新。它还存储和分析数据，以支持Rivian的售后服务和解决方案套件，包括 FleetOS、Driver+、Rivian金融服务和基于Rivian远程信息处理的保险。</li><li>FleetOS：FleetOS 是一款车队管理工具，伴随其商用车辆，从 EDV 系列开始。使用Rivian云收集和分析的数据，FleetOS能够管理车辆分配、远程信息处理、软件服务和解决方案、充电周期、驾驶员安全和培训、车辆安全、远程诊断、360+碰撞报告和其他连接解决方案。</li><li>Driver+：每辆Rivian汽车标配的2级ADAS。Driver+与车载连接兼容，以支持未来该技术可用时3级自动驾驶的OTA部署。Driver+ 与一套摄像头、超声波传感器、雷达和高精度 GPS 天线配合使用，以实现 ADAS 功能，包括自动紧急制动、车道保持辅助、高速公路辅助和停车辅助。适用于 EDV 系列车辆的 Driver+ 还包括头顶间隙警告功能。与此同时，特斯拉继续推进其自动驾驶仪和全自动驾驶的研发，这很可能在未来被纳入 4/5 级全自动机器人出租车中，并在特斯拉目前的估值提升中发挥着关键作用。与特斯拉的估值前景相比，这几乎让Rivian处于次要地位。</li><li>Rivian金融服务：Rivian通过Rivian金融服务为其买家提供独家融资选择。该贷款计划由大通银行联合运营。Rivian金融服务使Rivian能够为其买家提供个性化的融资选择，同时从Rivian金融服务平台上客户转化所赚取的佣金中获得经常性收入。</li><li>Rivian基于远程信息处理的保险： Rivian内部基于远程信息处理的保险利用从车辆中收集的用户数据来定制保险质量，并为买家降低售后成本。Rivian并不是第一个推出此类保险产品的公司。随着基于云的技术的出现，能够对从车载传感基础设施收集的数据进行实时分析，特斯拉、通用汽车和福特等其他公司也推出了类似的基于远程信息处理的汽车保险计划。从保险公司和消费者的角度来看，基于远程信息处理的保险提供了更好的承保质量和成本效益，传统汽车保险的最终淘汰迫在眉睫。通过提供基于内部远程信息处理的保险范围，Rivian将自己置于与行业同行相比的竞争地位，同时还通过降低总拥有成本来吸引销售。Rivian目前在48个州为其车辆提供基于远程信息处理的保险，而特斯拉仅在加州和德克萨斯州提供类似的保险。</li></ul>基于 10 年的平均使用寿命，Rivian预计通过提供上述售后服务，售出的每辆消费和商用车将分别产生 67,900 美元和 64,600 美元的额外终身收入。</blockquote></p><p> Based on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.</p><p><blockquote>基于 10 年的平均使用寿命，Rivian预计通过提供上述售后服务，售出的每辆消费和商用车将分别产生 67,900 美元和 64,600 美元的额外终身收入。</blockquote></p><p> <b>Exclusive Charging Network</b></p><p><blockquote><b>专属充电网络</b></blockquote></p><p> Tesla was the first EV maker to set up its own exclusive network of charging infrastructure. Although an incredibly expensive endeavor to take on, it was really the EV titan’s only option to encourage mass market adoption of its vehicles during the early stages when public charging was rare. To date, only Chinese EV maker NIO and Rivian have engaged in similar investments, while the majority of EV startups and legacy automakers have instead relied on exclusive partnerships with public charging infrastructure providers to avoid additional capital deployment.</p><p><blockquote>特斯拉是第一家建立自己的专属充电基础设施网络的电动汽车制造商。虽然这是一项非常昂贵的努力，但在公共充电很少见的早期阶段，这确实是这家电动汽车巨头鼓励大众市场采用其汽车的唯一选择。迄今为止，只有中国电动汽车制造商蔚来和Rivian进行了类似的投资，而大多数电动汽车初创公司和传统汽车制造商则依靠与公共充电基础设施提供商的独家合作伙伴关系来避免额外的资本部署。</blockquote></p><p> The main reason for Rivian’s investment into building out its own exclusive network of charging infrastructure is really to close the loop on its comprehensive suite of complementary offerings and set its customers free from range anxiety, even when they are travelling further out in secluded areas. Rivian currently offers the following&nbsp;charging solutions:</p><p><blockquote>Rivian投资建设自己的专属充电基础设施网络的主要原因，实际上是为了完成其全面的配套产品的闭环，让客户摆脱里程焦虑，即使他们在偏远地区出行。Rivian目前提供以下充电解决方案：</blockquote></p><p></p><p> <ul>  <li>Rivian Adventure Network (“RAN”): RAN will eventually be composed of a network of more than 3,500 Rivian-designed direct current (“DC”) fast chargers located across 600 sites by 2023. The network of fast chargers are designed to charge up to 140 miles within 20 minutes, and will be strategically located in more remote “adventure destinations”, in addition to major highways.</li>  <li>Rivian Waypoints: Rivian’s proprietary network of level 2 chargers installed at partner destinations, such as hotels, offices, restaurants and parks, across the U.S. and Canada. Rivian Waypoint chargers can charge up to 25 miles per hour.</li>  <li>Fleet Charging: Commercial customers have the option of installing Rivian’s proprietary charging depot hardware at onsite. Fleet Charging enables commercial customers to manage fleet charging seamlessly and centrally with FleetOS.</li> </ul> <b>Is the $80 Billion Valuation Viable?</b></p><p><blockquote><ul><li>Rivian探险网络（“RAN”）： 到 2023 年，RAN 最终将由 3500 多个Rivian设计的直流（“DC”）快速充电器组成，分布在 600 个站点。快速充电器网络的设计目的是在 20 分钟内充电 140 英里，除了主要高速公路外，还将战略性地设置在更偏远的 “探险目的地 ”。</li><li>Rivian航点： Rivian专有的 2 级充电器网络安装在美国和加拿大的酒店、办公室、餐厅和公园等合作伙伴目的地。Rivian航路点充电器每小时可充电25英里。</li><li>车队充电： 商业客户可以选择在现场安装Rivian专有的充电站硬件。车队充电使商业客户能够使用FleetOS无缝集中管理车队充电。</li></ul><b>800亿美元的估值可行吗？</b></blockquote></p><p> While Rivian is amongst one of the most promising EV startups in recent years, a potential $80 billion valuation at its upcoming IPO would put it in the ranks of established legacy automakers like GM, Ford, Stellantis(NYSE:STLA)and Honda(NYSE:HMC)by market cap. It would also make it almost 1/10ththe value in which Tesla is currently being traded at, despite not having generated any meaningful revenues yet.</p><p><blockquote>虽然Rivian是近年来最有前途的电动汽车初创公司之一，但其即将进行的 IPO 估值可能达到 800 亿美元，这将使其跻身通用汽车、福特、Stellantis（纽约证券交易所股票代码：STLA）和本田（纽约证券交易所股票代码：HMC）等老牌传统汽车制造商的行列市值。这也将使其几乎是特斯拉目前交易价格的1/10，尽管尚未产生任何有意义的收入。</blockquote></p><p> Based on Rivian’s latest S-1 filing, the company has not generated any revenues so far. Commercial productions have only started last month, with deliveries to begin any day now. This puts Rivian in a similar position as Lucid, another highly valued pre-revenue EV startup that went public in July. With a start of production and delivery timeline similar to Rivian’s, Lucid currently trades at about 3x its&nbsp;estimated revenues for 2025&nbsp;with a market cap of $41 billion. Using the metric as a proxy on Rivian’s anticipated $80 billion valuation, the EV maker would need to generate revenues of $27.3 billion by 2025.</p><p><blockquote>根据Rivian最新的 S-1 文件，该公司迄今为止尚未产生任何收入。商业制作上个月才开始，现在随时可以开始交付。这使得Rivian处于与 Lucid 类似的境地，Lucid 是另一家高估值的营收前电动汽车初创公司，于 7 月上市。Lucid 的生产和交付时间表与Rivian相似，目前的交易价格约为其 2025 年预计收入的 3 倍，市值为 410 亿美元。以这一指标作为Rivian预计 800 亿美元估值的指标，这家电动汽车制造商到 2025 年需要创造 273 亿美元的收入。</blockquote></p><p> Our preliminary back-of-the-envelope calculation shows that Rivian would have to sell approximately 350,000 vehicles by 2025 to justify an $80 billion valuation based on comparable industry multiples (i.e. $27.3 billion revenue / $78,000 ASP):</p><p><blockquote>我们的初步后端计算显示，到 2025 年，Rivian必须销售约 350,000 辆汽车，才能根据可比行业倍数（即 273 亿美元收入 / 78,000 美元平均售价）证明 800 亿美元的估值是合理的：</blockquote></p><p></p><p> <ul>  <li>Rivian is estimated to sell its vehicles at an average selling price (“ASP”) of about $78,000.</li> </ul> <ul>  <ul>   <li>The R1T starts at $67,500 with an adventure option priced at $73,000. Pricing on the R1T can go as high as $103,965 with fully loaded options. This generates an estimated ASP of $81,488.</li>   <li>Meanwhile, the R1S starts at $70,000 with an adventure option priced at $75,500. Pricing on the R1S can go as high as $98,765 with fully loaded options, including the foldable tent and camp kitchen accessories which are currently unavailable for the SUV, but will be eventually. This generates an estimated ASP of $81,422.</li>   <li>Pricing on the EDV-Series is currently undisclosed, but the industry average is about $50,000 with the most expensive Bollinger Deliver-E expected to be&nbsp;priced at $75,000&nbsp;and the least expensive&nbsp;Canoo MPDV expected to be priced at $33,000.</li>   <li>The average of consumer and commercial vehicle lifetime revenues are approximately $66,300 over 10 years. This makes average other revenues of about $6,630 per vehicle per year.</li>   <li>Taking the three separate vehicle ASPs together, Rivian’s consolidated vehicle ASP is forecasted at about $71,000. Adding average incremental revenues of $6,630 per vehicle on top, Rivian’s ASP is projected at about $78,000.</li>  </ul>  <li>In terms of production capacity, Rivian’s Normal plant can currently produce up to 150,000 vehicles per year. By 2023, the plant is expected to reach production capacity of 200,000 vehicles per year. An additional Europe plant is expected to come online by 2023 to support Rivian’s overseas expansion plans, and a second U.S. plant is expected to come online by 2024. Assuming both additional plants can produce 150,000 vehicles each on an annual basis, total production capacity would reach 500,000 vehicles by 2025. On this basis, Rivian is expected to have sufficient production capacity to meet the revenue threshold required to support its potential $80 billion valuation.</li>  <li>In terms of actual demand, global passenger EV sales are expected to&nbsp;exceed 12.2 million units&nbsp;by 2025.28% of related sales&nbsp;are expected to come from Europe,10% from the U.S. and about&nbsp;15% from Canada. Hence, by geography, Rivian has a total addressable market of about 6.5 million units. With SUVs and pickup trucks accounting for&nbsp;about 70%&nbsp;of annual new car sales, this further narrows Rivian’s total addressable market down to about 4.5 million vehicles by 2025. Selling 350,000 vehicles by 2025 would yield an 8% share of Rivian’s TAM of 4.5 million units. This makes a tough market share figure to compete for against reputable pickup truck and SUV brands like Ford, GM and Toyota(NYSE:TM), which are all undergoing an aggressive transition to electric.</li>  <li>Rivian_-_Supporting_Calculations.pdf</li> </ul> While it is not entirely out of the question for Rivian to achieve our projected sales target by 2025, it will be a tough one. The EV maker has almost no room for error in the execution of its long-term growth roadmap in order to justify the $80 billion valuation. With Rivian having recently been a&nbsp;victim of the ongoing chip supply shortages, which had caused delays to the start of production of the R1T and R1S, similar woes are expected to recur as auto chip makers continue to warn of extended lead times that&nbsp;will not be going away anytime soon. Based on these considerations, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.</p><p><blockquote><ul><li>据估计，Rivian的平均售价（“ASP”）约为 78,000 美元。</li></ul><ul><ul><li>R1T 起价为 67,500 美元，冒险选项售价为 73,000 美元。如果选装齐全，R1T 的定价可高达 103,965 美元。这产生了81,488美元的估计平均售价。</li><li>与此同时，R1S 起价为 70,000 美元，冒险选装件售价为 75,500 美元。R1S 的售价可高达 98,765 美元，配备满载选项，包括可折叠帐篷和露营厨房配件，这些配件目前 SUV 还没有，但最终将会提供。这产生了81,422美元的估计平均售价。</li><li>EDV系列的定价目前尚未披露，但行业平均价格约为50,000美元，其中最贵的Bollinger Deliver-E预计定价为75,000美元，最便宜的Canoo MPDV预计定价为33,000美元。</li><li>10 年内，消费者和商用车的平均收入约为 66,300 美元。这使得每辆车每年的平均其他收入约为 6,630 美元。</li><li>将三个单独的汽车平均售价加在一起，Rivian的汽车综合平均售价预计约为 7.1 万美元。再加上每辆车 6,630 美元的平均增量收入，Rivian的平均售价预计约为 78,000 美元。</li></ul><li>就产能而言，Rivian的正常工厂目前每年最多可生产 15 万辆汽车。到2023年，该工厂预计将达到每年20万辆汽车的产能。另一家欧洲工厂预计将于 2023 年投产，以支持Rivian的海外扩张计划，第二家美国工厂预计将于 2024 年投产。假设两家新增工厂每年可生产 150,000 辆汽车，到 2025 年，总产能将达到 500,000 辆。在此基础上，Rivian有望拥有足够的产能来满足支撑其潜在800亿美元估值所需的收入门槛。</li><li>从实际需求来看，到2025年，全球乘用车电动汽车销量预计将超过1220万辆。28%的相关销量预计来自欧洲，10%来自美国，约15%来自加拿大。因此，从地理位置来看，Rivian的潜在市场总量约为650万台。SUV 和皮卡约占每年新车销量的 70%，到 2025 年，Rivian的潜在市场总量将进一步缩小到约 450 万辆。到 2025 年售出 35 万辆汽车，将在Rivian 450 万辆 TAM 中获得 8% 的份额。这使得与福特、通用汽车和丰田（纽约证券交易所股票代码：TM）等知名皮卡和 SUV 品牌竞争成为一个艰难的市场份额数字，这些品牌都在积极向电动汽车转型。</li><li>Rivian_-_支持计算.pdf</li></ul>虽然Rivian到 2025 年实现我们的预计销售目标并非完全不可能，但这将是一项艰巨的任务。这家电动汽车制造商在执行其长期增长路线图时几乎没有出错的余地，以证明 800 亿美元的估值是合理的。Rivian最近成为持续芯片供应短缺的受害者，导致 R1T 和 R1S 的投产延迟，随着汽车芯片制造商继续警告交货时间延长，预计类似的灾难还会再次发生，而且不会很快消失。基于这些考虑，我们对Rivian即将首次公开募股前的预期估值持中立态度。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Despite a highly vertically integrated business model and robust demand from its niche market, Rivian still has much to prove for its potential $80 billion valuation, let alone competing against the valuation prospects of Tesla. On the considerations of our foregoing analysis, our stance remains neutral on Rivian’s $80 billion valuation ahead of its IPO next month.</p><p><blockquote>尽管Rivian拥有高度垂直整合的商业模式和利基市场的强劲需求，但其800亿美元的潜在估值仍有很多需要证明的地方，更不用说与特斯拉的估值前景竞争了。基于上述分析的考虑，我们对Rivian下个月首次公开募股前 800 亿美元的估值保持中立。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4460856-how-well-can-rivian-compete-with-tesla\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc."},"source_url":"https://seekingalpha.com/article/4460856-how-well-can-rivian-compete-with-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161425329","content_text":"Summary\n\nRivian, an EV start-up backed by Amazon and Ford, has been the talk-of-the-town in recent weeks after its announcement of a potential $80-billion IPO next month.\nAfter 12 years of R&D, Rivian's flagship R1T electric pickup truck finally began commercial productions last month, with the first customer deliveries happening any day now.\nRivian is one of the most vertically integrated EV makers in recent years and even has its own exclusive network of charging infrastructure similar to Tesla's Superchargers.\nSimilarities in both EV makers' business models have drawn comparisons between the two, with some even pondering if Rivian has a chance to challenge Tesla's valuation.\nBut with a limited product line made for a market niche, and a limited global footprint, Rivian still has much to prove for its potential $80-bilion valuation, let alone challenging Tesla's elevated valuation prospects. As such, our stance remains neutral on Rivian ahead of its upcoming IPO.\n\nPhillip Faraone/Getty Images Entertainment\nRivian (pre-IPO:RIVN) is one of the most promising EV startups in recent years, backed by high-profile investors including Ford (F) and Amazon (AMZN). With a focus on making lifestyle vehicles suited to bring users closer to nature and enable greater outdoor exploration, Rivian debuted the R1T electric pickup truck and R1S electricSUVfor the consumer segment about three years ago, with plans to begin customer deliveries before the end of this year. In addition to consumer segment vehicles, Rivian is also known for their arrangement with Amazon to deliver 100,000 last-mile delivery electric vans before 2030.\nHaving just began commercial productions of the flagship R1T electric pickup truck about a month ago,Rivian is slated for an IPO valued at up to $80 billion sometime around Thanksgiving. While many electric vehicle (“EV”) startups have chosen to go public in recent years through reverse mergers with blank-cheque companies for quick access to funding for their capital-intensive ventures, Rivian will be doing it the traditional way, which is almost unprecedented for a pre-revenue company. The projected $80 billion valuation would also make Rivian’s IPO the highest valued debut on the Nasdaq this year. This puts Rivian’s anticipated valuation at almost 1/10ththe size of industry leader Tesla’s (TSLA) recent market cap of more than $800 billion, double the size of industry peer Lucid’s (LCID) $40 billion market cap, and about 1/3rdmore than Ford’s $60 billion market cap.\nAs one of the most vertically integrated EV makers to come after Tesla, with direct participation in vehicle design and battery development to building an exclusive network of charging infrastructure, investors have begun to draw comparisons between the two and ponder on whether Rivian has the potential to grow into something like the EV titan. For years, Tesla has dominated the global EV sector in terms of sales volume and valuation due to its first-mover advantage in pioneering the passenger EV industry, and building everything from its batteries to the Supercharging network from ground-up to support mass market adoption in the last decade. But the rising number of new entrants to the emerging industry in recent years, including Rivian which provides a similar comprehensive ecosystem to support its vehicles, may just be enough to put Tesla on notice.\nAlthough Rivian has built its consumer and commercial vehicle line-up with a very specific audience in mind, namely outdoor enthusiasts and last-mile delivery operators, it does have the operational capacity and regulatory green light to proceed with sales ahead of the most comparable Tesla Cybertrucks and Semis, which have been delayed to next year. Rivian also has better range capability than some of the other pickups and SUVs, two of the best-selling vehicle segments, slated to rollout starting next year which gives it a head-start in the increasingly competitive landscape.\nRivian has already gotten its foot down on the most difficult part, which is getting its vehicles to the start of production. And with proven demand as evidenced by the 48,390 reservations recorded to date for the R1T and R1S models and a long-term contract for the last-mile delivery vans with Amazon, it does appear to be among “one of the most promising of a large pool of EV startups” in recent years to compete for market share against Tesla. But with a projected valuation of $80 billion right from the get-go, Rivian is left with very little wiggle room for error in the execution of its vehicles’ upcoming debut on roadways, production ramp, and long-term growth roadmap. On this basis, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.\nRivian Overview\nIt took almost 12 years for Rivian, founded by RJ Scaringe, to debut its first customer-ready vehicle. Based in Irvine, California, Rivian has its mission to “keep the world adventurous forever” etched deeply into every one of its vehicles. The EV maker currently services both the consumer and commercial sector with a line-up that consists of the R1T pickup truck, R1S SUV, and EDV-series last-mile delivery vans.\nThe R1-Series\nSource: Rivian.com\nThe R1T and R1S are built on the R1-platform designed for the consumer segment. The R1 platform combines “performance, utility and efficiency” to enable a streamlined driving and passenger experience for all adventures. In terms of technology, the R1-series vehicles capture a comprehensive in-car infotainment system with built-in connectivity features to support cloud-enabled over-the-air (“OTA”) updates, paired with a proprietary battery pack designed to deliver range capability of up to 400 miles on a single charge. The vehicles also come standard with Driver+, Rivian’s advanced driver-assistance system (“ADAS”), with features including automatic emergency braking, lane-keeping assistance, highway assist and parking assist. So far, the comprehensive suite of in-vehicle technology vies closely to those offered by Tesla, as well as many of the other contenders within the EV sector.\nBut what really differentiates Rivian is its commitment to curating an experience-driven lifestyle vehicle that suits the needs of every outdoor enthusiast, while also ensuring compatibility across different use cases and geographies to drive demand. The consumer-centric R1-series are equipped with a complementing suite of value-add accessories and services ranging from camp tents and kitchens to exclusive insurance plans tailored to provide coverage even for extreme adventures like off-roading. While pickup trucks have been historically associated with work rigs, Rivian’s R1T electric pickup proves that it can address the needs of diverse use cases with a battery system and propulsion that can sustain extreme road conditions, while offering ample storage and additional accessories to accommodate extended road-trips.\nThe R1-Series vehicles, especially the R1T pickup, has a better mass market appeal than Tesla’s comparable, the Cybertruck, to some extent due to its diversified use case, which underscores a robust sales outlook for Rivian. Tesla’s proposed launch for the Cybertrucks have also again been proven to be overly optimistic given its extremely complex manufacturing process, which gives Rivian a head start in the competition for market share. The quirky steel-bodied electric pickup truck, which was originally slated for start of production and deliveries by 2021 year-end, has been quietly delayed until at least the end of 2022 per a recent update made to the vehicle’s online sales page. Nonetheless, both contenders have some serious competition coming up, including Ford’s F-150 Lightning and GMC’s electric Hummer which start customer deliveries next year. The F-150 Lightning and GMC electric Hummer’s ICE-counterparts have historically been the biggest sellers amongst the pickup truck segment, and both battery-powered pickups seem to be on track towards similar achievements, with Ford having recently doubled its annual production capacity for the F-150 Lightning to 80,000 units to address rising demand.\nThe EDV-Series\nSource: Rivian Automotive, Inc. Form S-1\nIn addition to consumer-oriented EVs, Rivian also services fleet-based mobility with its EDV-series electric last-mile delivery vans. The vans come in three models based on different storage capacities and range capability:\n\nEDV 500 – Slated for initial deliveries in December, the EDV 500 has range capability of up to 150 miles on a single charge with 500 cubic feet of storage.\nEDV 700 – Slated for initial deliveries in early 2022, the EDV 700 has range capability of up to 150 miles on a single charge with 660 cubic feet of storage.\nEDV 900 – The EDV 900 will launch after deliveries begin for the EDV 500 and EDV 700 vans. As the world’s first long-range electric work van, the EDV 900 boasts 840 cubic feet of storage capacity and is capable of traveling up to 120 miles on a single charge.\n\nBuilt on the RCV platform, the EDV-series boasts a range of up to 150 miles on a single charge and are equipped with the same advanced technology as the R1-series, like Driver+. The EDV-series are also exclusively compatible with Rivian’s proprietary fleet management service tool, FleetOS. FleetOS is a cloud-based fleet management tool that offers a wide array of services ranging from fleet distribution and charging management, to fleet insurance and financing. The tool aims to minimize total costs of ownership for fleet operators, while ensuring a recurring revenue stream for Rivian over the course of the vehicles’ lifecycles.\nWith accelerated e-commerce adoption during the pandemic and increasingly urgent carbon neutralization mandates, global demand for electric last-mile delivery vehicles is expected to advance at a compounded annual growth rate (“CAGR”) of more than 13% over the next five years, which makes strong tailwinds for Rivian’s commercial business unit in the long-run. Paired with a long-term exclusive contract to provide 100,000 EDV-Series delivery vans to Amazon into 2030, Rivian benefits from higher financial visibility. Amazon currently has exclusive rights to Rivian's EDV-Series vehicles in the first four years following initial productions, and a right of first refusal in the two years thereafter. Amazon and Rivian’s collaboration will also serve as validation for other commercial customers in the long-run, which further bolsters the segment’s sales outlook. And similar to the narrative on Tesla’s Cybertruck, delays on the comparable Semi trucks also put Rivian ahead of the EV titan in penetrating the fast-growing last-mile delivery market.\nDirect Go-to-Market Strategy\nSimilar to Tesla and many of its industry peers, Rivian adopts a direct sales go-to-market strategy that involves showroom-style “experience spaces” supported by an online sales platform. Rivian currently makes most of its sales online, and operates six service centers across California, Illinois, Washington and New York, along with a fleet of 11 on-demand mobile service vehicles and a 24/7 service support center in Michigan. Another 120 service centers and 1,000 mobile service vans are on the way, with planned rollouts through to 2023. Rivian’s vehicles will be displayed through four primary types of experience spaces:\n\nHubs: Permanent experience centers situated in high-density city neighborhoods. The first Rivian hub will open in Venice, California on October 17th.\nSeasonal Spaces: Temporary pop-up spaces aimed at introducing the Rivian brand to new communities\nOutposts: Outposts are typically located in adventure destinations, where Rivian vehicles can be rented by users to enable immediate exploration of the outdoors\nPreserves: Protected land that Rivian plans to help conserve and save. Rivian vehicles will be provided for community use in preserves.\n\nIn addition to the experience spaces, test drives can also bearranged online, where an exclusive Field Specialist will be allocated to guide the process.\nLike many recent EV startups, migrating away from traditional dealership sales will allow Rivian to further enhance brand awareness through a refined and relaxed environment. With showrooms located in city neighborhoods and experience-oriented spaces, Rivian hopes to alleviate the pressure to purchase that customers typically experience in sales-centric dealerships and instead provide a refined and information space for them to learn about the brand and engage with the technology that it has to offer. And from a cost perspective, the direct sales strategy through experience spaces combined with a supporting online sales platform will help Rivian reduce inventory financial costs. It will also enable buyers with the option to customize vehicle purchases to their own liking, and provide a completely customer-centric experience as promised. The realized cost efficiencies will also allow greater capital deployment towards other areas of growing the business, such as enhancing customer experience, and ultimately creating incremental value for its shareholders.\nRivian’s R1-Series vehicles will first be made available in North America, with further expansion to Western Europe starting in 2023. Although Rivian’s foreseeable markets lackluster compared to Tesla’s presence across 40 countries on the map, it has been strategically planned to maximize value and support the company’s long-term growth.\nWith the Biden Administration’s recent pledge to reduce greenhouse gas pollution by at least 50% to 52% from 2005 levels by 2030, the U.S. has seen a heightened urgency towards electrifying the transportation sector. Multiple infrastructure bills that are currently under review have been set to include funding for building out the U.S. EV economy. President Biden has also recently made it a national goal to have half of new car sales be emissions-free by 2030. The continued rollout of favorable policy support from the government are expected to stimulate the American EV economy, and propel domestic EV demand growth at a CAGR of 30% through to the end of the decade. This makes strong tailwinds for Rivian, which is expected to have its vehicles become a key part of the estimated 14 million EVs on American roads by 2030.\nRivian’s further expansion into Western Europe beginning 2023 is also a strategic move that is expected to pay large dividends in the long-run. Europe is currently the world’s second-largest EV market, running closely behind China and accounting for 42% of global EV sales in 2020. The region’s EV adoption rate has continued to soar in the first half of 2021, with almost 20% of new passenger vehicle sales being battery-powered. Much of this progress is by courtesy of Europe’s stringent regulatory landscape over greenhouse gas emissions. The EU has recently tightened its climate change policy by raising its emissions reduction target to at least 55% by 2030 compared to 1990 levels through the “Fit for 55” legislation package. The pact has also committed to having all new vehicle sales be emissions-free by 2035 to encourage greater EV adoption across the broader European markets, including France and Germany, in coming years. With Tesla only accounting for 7% of Europe’s EV market share, and SUVs continuing to dominate the region’s new car sales, Rivian is well-positioned for high-growth opportunities ahead.\nA Highly Vertically Integrated Business Model\nRivian is also one of the most vertically integrated EV start-ups in recent years. Not only does it design and manufacture its vehicles and related technology in-house, Rivian also operates an exclusive network of charging infrastructure like Tesla does. The EV maker also provides a wide variety of post-sales turnkey solutions to secure recurring revenues, underpinning sustainable long-term growth.\nIn-House Production Strategy\nRivian currently performs its own in-house R&D for almost every aspect of its vehicles, including the powertrain, battery technology, in-car infotainment and connectivity system, integrated safety, chassis and Driver+ ADAS system. Productions for the R1-Series and EDV-Series are also currently in process at its Normal, Illinois plant, which was purchased from Mitsubishi in 2017. The Normal plant currently has an annual production capacity of 150,000 units, with further expansion to 200,000 units by 2023 at full production ramp.\nThe EV maker has begun its hunt for a second assembly plant in the U.S. since July, with speculations of a finalized investment in a factory located near Fort Worth, Texas. The new facility is expected to have an annual production capacity of 200,000 vehicles. If Rivian confirms its investment in the Texas plant, it is slated to benefit from tax incentives valued at up to $440 million, which offsets some of the significant investment costs. Many California-based companies, including Tesla, have set up offices and manufacturing facilities in Texas in recent years to take advantage of the state’s lower tax rate, as well as affordable costs of living, while pressing forward with expansion plans. The Texas plant would cost Rivian about $5 billion. Much of the capital investment commitment would be deployed towards real property improvements and other construction costs required to bring the plant online by 2024.\nAt the same time, Rivian is also looking for a location to house its productions in Europe starting in 2023. While no site has been confirmed yet, the U.K., Germany and Hungary are amongst the key locations being considered. The materialization of Rivian’s production expansion plans across North America and Europe will strengthen its efficiency in scaling productions, while further bolstering its market penetration capabilities against Tesla and other industry peers, as global EV adoption takes off with heightened demand in coming years.\nTurnkey Post-Sales Solutions\nIn addition to the design and development of its vehicles and batteries, Rivian also makes its own exclusive suite of after-sales services. These include FleetOS, Driver+, Rivian Financial Services and Rivian Telematics-Based Insurance, which are all powered by Rivian Cloud:\n\nRivian Cloud: Facilitated by AWS, Amazon’s cloud business, Rivian Cloud enables remote diagnostics, remote vehicle controls and OTA software updates. It also stores and analyzes data to enable Rivian’s suite of after-sales services and solutions, including FleetOS, Driver+, Rivian Financial Services, and Rivian Telematics-Based Insurance.\nFleetOS: FleetOS is a fleet management tool that accompanies its commercial segment vehicles, starting with the EDV-Series. Using data collected and analyzed by Rivian Cloud, FleetOS is capable of managing vehicle distributions, telematics, software services and solutions, charging cycles, driver safety and training, vehicle security, remote diagnostics, 360+ collision reports, and other connectivity solutions.\nDriver+: The level 2 ADAS that comes standard in every Rivian vehicle. Driver+ is compatible with in-vehicle connectivity to support OTA deployment of level 3 autonomy in the future when the technology becomes available. Driver+ works with a suite of cameras, ultrasonic sensors, radars and a high-precision GPS antenna to enable ADAS features including automatic emergency braking, lane-keeping assistance, highway assist, and parking assistance. Driver+ for EDV-Series vehicles also includes an overhead clearance warning feature. Meanwhile, Tesla continues to press forward with its Autopilot and Full Self-Driving developments, which will likely be incorporated into level 4/5 fully autonomous robotaxis in the future and plays a critical role in Tesla’s elevated valuation at the moment. This pretty much puts Rivian in the backseat when pitted against Tesla’s valuation prospects.\nRivian Financial Services: Rivian offers exclusive financing options for its buyers through Rivian Financial Services. The lending program is jointly operated with Chase Bank. Rivian Financial Services enables Rivian to offer its buyers with personalized financing options, while securing recurring revenues from commission fees earned for the conversion of customers on the Rivian Financial Services platform.\nRivian Telematics-Based Insurance: Rivian’s in-house telematics-based insurance uses user data collected from vehicles to tailor the quality of coverage and lower after-sales costs for buyers. Rivian is not the first to launch this kind of insurance offering. With the advent of cloud-based technology enabling real-time analytics on data collected from in-vehicle sensory infrastructure, others including Tesla,GM and Ford have launched similar telematics-based auto insurance programs. Considering better quality of coverage and cost efficiencies offered by telematics-based insurance from both the underwriters’ and consumers’ point of view, the eventual elimination of traditional auto insurance is imminent. By offering in-house telematics-based insurance coverage, Rivian puts itself in a competitive position against industry peers, while also attracting sales by lowering total costs of ownership. Rivian currently offers telematics-based insurance coverage on its vehicles in 48 states, while Tesla only offers similar in California and Texas.\n\nBased on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.\nBased on an average useful life of 10 years, Rivian expects each consumer and commercial vehicle sold to generate additional lifetime revenues of $67,900 and $64,600, respectively, through the provision of the above after-sales services.\nExclusive Charging Network\nTesla was the first EV maker to set up its own exclusive network of charging infrastructure. Although an incredibly expensive endeavor to take on, it was really the EV titan’s only option to encourage mass market adoption of its vehicles during the early stages when public charging was rare. To date, only Chinese EV maker NIO and Rivian have engaged in similar investments, while the majority of EV startups and legacy automakers have instead relied on exclusive partnerships with public charging infrastructure providers to avoid additional capital deployment.\nThe main reason for Rivian’s investment into building out its own exclusive network of charging infrastructure is really to close the loop on its comprehensive suite of complementary offerings and set its customers free from range anxiety, even when they are travelling further out in secluded areas. Rivian currently offers the following charging solutions:\n\nRivian Adventure Network (“RAN”): RAN will eventually be composed of a network of more than 3,500 Rivian-designed direct current (“DC”) fast chargers located across 600 sites by 2023. The network of fast chargers are designed to charge up to 140 miles within 20 minutes, and will be strategically located in more remote “adventure destinations”, in addition to major highways.\nRivian Waypoints: Rivian’s proprietary network of level 2 chargers installed at partner destinations, such as hotels, offices, restaurants and parks, across the U.S. and Canada. Rivian Waypoint chargers can charge up to 25 miles per hour.\nFleet Charging: Commercial customers have the option of installing Rivian’s proprietary charging depot hardware at onsite. Fleet Charging enables commercial customers to manage fleet charging seamlessly and centrally with FleetOS.\n\nIs the $80 Billion Valuation Viable?\nWhile Rivian is amongst one of the most promising EV startups in recent years, a potential $80 billion valuation at its upcoming IPO would put it in the ranks of established legacy automakers like GM, Ford, Stellantis(NYSE:STLA)and Honda(NYSE:HMC)by market cap. It would also make it almost 1/10ththe value in which Tesla is currently being traded at, despite not having generated any meaningful revenues yet.\nBased on Rivian’s latest S-1 filing, the company has not generated any revenues so far. Commercial productions have only started last month, with deliveries to begin any day now. This puts Rivian in a similar position as Lucid, another highly valued pre-revenue EV startup that went public in July. With a start of production and delivery timeline similar to Rivian’s, Lucid currently trades at about 3x its estimated revenues for 2025 with a market cap of $41 billion. Using the metric as a proxy on Rivian’s anticipated $80 billion valuation, the EV maker would need to generate revenues of $27.3 billion by 2025.\nOur preliminary back-of-the-envelope calculation shows that Rivian would have to sell approximately 350,000 vehicles by 2025 to justify an $80 billion valuation based on comparable industry multiples (i.e. $27.3 billion revenue / $78,000 ASP):\n\nRivian is estimated to sell its vehicles at an average selling price (“ASP”) of about $78,000.\n\n\n\nThe R1T starts at $67,500 with an adventure option priced at $73,000. Pricing on the R1T can go as high as $103,965 with fully loaded options. This generates an estimated ASP of $81,488.\nMeanwhile, the R1S starts at $70,000 with an adventure option priced at $75,500. Pricing on the R1S can go as high as $98,765 with fully loaded options, including the foldable tent and camp kitchen accessories which are currently unavailable for the SUV, but will be eventually. This generates an estimated ASP of $81,422.\nPricing on the EDV-Series is currently undisclosed, but the industry average is about $50,000 with the most expensive Bollinger Deliver-E expected to be priced at $75,000 and the least expensive Canoo MPDV expected to be priced at $33,000.\nThe average of consumer and commercial vehicle lifetime revenues are approximately $66,300 over 10 years. This makes average other revenues of about $6,630 per vehicle per year.\nTaking the three separate vehicle ASPs together, Rivian’s consolidated vehicle ASP is forecasted at about $71,000. Adding average incremental revenues of $6,630 per vehicle on top, Rivian’s ASP is projected at about $78,000.\n\nIn terms of production capacity, Rivian’s Normal plant can currently produce up to 150,000 vehicles per year. By 2023, the plant is expected to reach production capacity of 200,000 vehicles per year. An additional Europe plant is expected to come online by 2023 to support Rivian’s overseas expansion plans, and a second U.S. plant is expected to come online by 2024. Assuming both additional plants can produce 150,000 vehicles each on an annual basis, total production capacity would reach 500,000 vehicles by 2025. On this basis, Rivian is expected to have sufficient production capacity to meet the revenue threshold required to support its potential $80 billion valuation.\nIn terms of actual demand, global passenger EV sales are expected to exceed 12.2 million units by 2025.28% of related sales are expected to come from Europe,10% from the U.S. and about 15% from Canada. Hence, by geography, Rivian has a total addressable market of about 6.5 million units. With SUVs and pickup trucks accounting for about 70% of annual new car sales, this further narrows Rivian’s total addressable market down to about 4.5 million vehicles by 2025. Selling 350,000 vehicles by 2025 would yield an 8% share of Rivian’s TAM of 4.5 million units. This makes a tough market share figure to compete for against reputable pickup truck and SUV brands like Ford, GM and Toyota(NYSE:TM), which are all undergoing an aggressive transition to electric.\nRivian_-_Supporting_Calculations.pdf\n\nWhile it is not entirely out of the question for Rivian to achieve our projected sales target by 2025, it will be a tough one. The EV maker has almost no room for error in the execution of its long-term growth roadmap in order to justify the $80 billion valuation. With Rivian having recently been a victim of the ongoing chip supply shortages, which had caused delays to the start of production of the R1T and R1S, similar woes are expected to recur as auto chip makers continue to warn of extended lead times that will not be going away anytime soon. Based on these considerations, we are neutral on Rivian’s anticipated valuation ahead of its upcoming IPO.\nConclusion\nDespite a highly vertically integrated business model and robust demand from its niche market, Rivian still has much to prove for its potential $80 billion valuation, let alone competing against the valuation prospects of Tesla. On the considerations of our foregoing analysis, our stance remains neutral on Rivian’s $80 billion valuation ahead of its IPO next month.","news_type":1,"symbols_score_info":{"TSLA":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":1271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850496614,"gmtCreate":1634614131846,"gmtModify":1634614132119,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"From household products to vehicle. So big difference.","listText":"From household products to vehicle. So big difference.","text":"From household products to vehicle. So big difference.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/850496614","repostId":"1130016296","repostType":4,"repost":{"id":"1130016296","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":1634613697,"share":"https://www.laohunote.com/m/news/1130016296?lang=zh_CN&edition=full","pubTime":"2021-10-19 11:21","market":"us","language":"en","title":"Xiaomi shares surged 5% in Hong Kong<blockquote>小米股价在香港飙升5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130016296","media":"Tiger Newspress","summary":"Xiaomi shares surged 5% in Hong Kong.\n\nLei Jun, chairman of Xiaomi group, announced on the investor'","content":"<p>Xiaomi shares surged 5% in Hong Kong.</p><p><blockquote>小米股价在香港飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/624e5188afd65ef1997deb92ab8d99a1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lei Jun, chairman of Xiaomi group, announced on the investor's day today that the progress of Xiaomi's car making and various work of the team far exceeded his expectations. It is expected that Xiaomi's car will be officially mass produced in the first half of 2024.</p><p><blockquote>小米集团董事长雷军今天在投资者日宣布，小米造车和团队各项工作进展远远超出他的预期。预计小米汽车将于2024年上半年正式量产。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/be8a6580e1de3271305368459ed0163e\" tg-width=\"640\" tg-height=\"480\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></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>Xiaomi shares surged 5% in Hong Kong<blockquote>小米股价在香港飙升5%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nXiaomi shares surged 5% in Hong Kong<blockquote>小米股价在香港飙升5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-19 11:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Xiaomi shares surged 5% in Hong Kong.</p><p><blockquote>小米股价在香港飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/624e5188afd65ef1997deb92ab8d99a1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lei Jun, chairman of Xiaomi group, announced on the investor's day today that the progress of Xiaomi's car making and various work of the team far exceeded his expectations. It is expected that Xiaomi's car will be officially mass produced in the first half of 2024.</p><p><blockquote>小米集团董事长雷军今天在投资者日宣布，小米造车和团队各项工作进展远远超出他的预期。预计小米汽车将于2024年上半年正式量产。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/be8a6580e1de3271305368459ed0163e\" tg-width=\"640\" tg-height=\"480\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130016296","content_text":"Xiaomi shares surged 5% in Hong Kong.\n\nLei Jun, chairman of Xiaomi group, announced on the investor's day today that the progress of Xiaomi's car making and various work of the team far exceeded his expectations. It is expected that Xiaomi's car will be officially mass produced in the first half of 2024.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":1107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850912415,"gmtCreate":1634544928065,"gmtModify":1634544928298,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"BAIDUUUUU WUUU!","listText":"BAIDUUUUU WUUU!","text":"BAIDUUUUU WUUU!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/850912415","repostId":"1117181910","repostType":4,"repost":{"id":"1117181910","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":1634544379,"share":"https://www.laohunote.com/m/news/1117181910?lang=zh_CN&edition=full","pubTime":"2021-10-18 16:06","market":"us","language":"en","title":"Baidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117181910","media":"Tiger Newspress","summary":"(Oct 18) Baidu jumped nearly 6% in premarket trading.","content":"<p>(Oct&nbsp;18)&nbsp;<a href=\"https://laohu8.com/S/BIDU\">Baidu</a> jumped nearly 6% in premarket trading.</p><p><blockquote>（10月18日）<a href=\"https://laohu8.com/S/BIDU\">百度</a>盘前交易中上涨近 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bcbc2e887320b96010d313c9227f792c\" tg-width=\"1049\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Baidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBaidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-18 16:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Oct&nbsp;18)&nbsp;<a href=\"https://laohu8.com/S/BIDU\">Baidu</a> jumped nearly 6% in premarket trading.</p><p><blockquote>（10月18日）<a href=\"https://laohu8.com/S/BIDU\">百度</a>盘前交易中上涨近 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bcbc2e887320b96010d313c9227f792c\" tg-width=\"1049\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117181910","content_text":"(Oct 18) Baidu jumped nearly 6% in premarket trading.","news_type":1,"symbols_score_info":{"BIDU":0.9,"09888":0.9}},"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824950901,"gmtCreate":1634271805863,"gmtModify":1634274404781,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Should have boradcast out 1 mont ago. Then we can load more.[开心]&nbsp;[开心]&nbsp;[开心]&nbsp;","listText":"Should have boradcast out 1 mont ago. Then we can load more.[开心]&nbsp;[开心]&nbsp;[开心]&nbsp;","text":"Should have boradcast out 1 mont ago. Then we can load more.[开心] [开心] [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824950901","repostId":"2175194207","repostType":4,"isVote":1,"tweetType":1,"viewCount":1111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822740151,"gmtCreate":1634173598986,"gmtModify":1634173638259,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Good la.","listText":"Good la.","text":"Good la.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822740151","repostId":"1123802574","repostType":4,"repost":{"id":"1123802574","kind":"news","pubTimestamp":1634171544,"share":"https://www.laohunote.com/m/news/1123802574?lang=zh_CN&edition=full","pubTime":"2021-10-14 08:32","market":"sg","language":"en","title":"Singapore's central bank tightens policy in surprise move<blockquote>新加坡央行出人意料地收紧政策</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123802574","media":"Reuters","summary":"SINGAPORE, Oct 14 (Reuters) - Singapore's central bank unexpectedly tightened its monetary policy on","content":"<p>SINGAPORE, Oct 14 (Reuters) - Singapore's central bank unexpectedly tightened its monetary policy on Thursday, saying the move will ensure price stability over the medium-term.</p><p><blockquote>路透新加坡10月14日 - 新加坡央行周四意外收紧货币政策，称此举将确保中期内物价稳定。</blockquote></p><p> The Monetary Authority of Singapore (MAS) manages monetary policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners within an undisclosed band.</p><p><blockquote>新加坡金融管理局（MAS）通过汇率设定而不是利率来管理货币政策，让新加坡元兑其主要贸易伙伴的货币在一个未公开的范围内上涨或下跌。</blockquote></p><p> It adjusts its policy via three levers: the slope, mid-point and width of the policy band, known as the Nominal Effective Exchange Rate, or S$NEER.</p><p><blockquote>它通过三个杠杆来调整其政策：政策波段的斜率、中点和宽度，即名义有效汇率（S$NEER）。</blockquote></p><p> The MAS said on Thursday it would raise slightly the slope of the policy band, from zero percent previously. The width of the band and the level at which it is centred will be unchanged, it said.</p><p><blockquote>金融管理局周四表示，将从之前的零略微提高政策区间的斜率。报告称，波段的宽度及其中心水平将保持不变。</blockquote></p><p> \"This appreciation path for the S$NEER policy band will ensure price stability over the medium term while recognising the risks to the economic recovery,\" the MAS said in its statement. It said core inflation is expected to rise to 1–2% next year, and close to 2% in the medium-term.</p><p><blockquote>新加坡金融管理局在声明中表示：“新元近期政策区间的这种升值路径将确保中期价格稳定，同时认识到经济复苏的风险。”报告称，预计明年核心通胀率将升至1-2%，中期将接近2%。</blockquote></p><p> The Singapore dollar jumped about 0.3% after the announcement to hit a three-week high of S$1.3475 per dollar.</p><p><blockquote>消息公布后，新加坡元上涨约0.3%，触及1美元兑1.3475新元的三周高点。</blockquote></p><p> Eleven of 13 economists polled by Reuters&nbsp;had forecast&nbsp;the MAS would keep its policy unchanged, while only two had expected a slight tightening.</p><p><blockquote>路透社调查的 13 位经济学家中有 11 位预测 MAS 将维持政策不变，而只有两位预计会略有收紧。</blockquote></p><p> \"The economic and inflation assessment sounds definitely more sanguine for 2022 and it looks like they are focusing on cost pressures including labour costs, both domestic and imported,\" said Selena Ling, Head of Treasury Research &amp; Strategy, OCBC Bank.</p><p><blockquote>华侨银行财资研究与策略主管 Selena Ling 表示：“2022 年的经济和通胀评估听起来肯定更加乐观，看起来他们正在关注成本压力，包括国内和进口的劳动力成本。”</blockquote></p><p> \"Also surprising is that they have dropped all the caveats about downside risks apart from a brief phrase on the emergence of a vaccine-resistant virus strain or severe global economic stresses.\"</p><p><blockquote>“同样令人惊讶的是，除了关于出现疫苗耐药性病毒株或严重的全球经济压力的简短措辞外，他们还放弃了所有有关下行风险的警告。”</blockquote></p><p> Separate preliminary data on Thursday showed Singapore's economy grew 6.5% in the third quarter, broadly in line with economists' forecast.</p><p><blockquote>周四的单独初步数据显示，新加坡第三季度经济增长6.5%，与经济学家的预测大致一致。</blockquote></p><p> The MAS said GDP growth was expected to be 6–7% this year and register a slower but still-above trend pace in 2022.</p><p><blockquote>MAS表示，今年GDP增长率预计为6-7%，2022年增速将放缓，但仍高于趋势。</blockquote></p><p></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>Singapore's central bank tightens policy in surprise move<blockquote>新加坡央行出人意料地收紧政策</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSingapore's central bank tightens policy in surprise move<blockquote>新加坡央行出人意料地收紧政策</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-10-14 08:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>SINGAPORE, Oct 14 (Reuters) - Singapore's central bank unexpectedly tightened its monetary policy on Thursday, saying the move will ensure price stability over the medium-term.</p><p><blockquote>路透新加坡10月14日 - 新加坡央行周四意外收紧货币政策，称此举将确保中期内物价稳定。</blockquote></p><p> The Monetary Authority of Singapore (MAS) manages monetary policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners within an undisclosed band.</p><p><blockquote>新加坡金融管理局（MAS）通过汇率设定而不是利率来管理货币政策，让新加坡元兑其主要贸易伙伴的货币在一个未公开的范围内上涨或下跌。</blockquote></p><p> It adjusts its policy via three levers: the slope, mid-point and width of the policy band, known as the Nominal Effective Exchange Rate, or S$NEER.</p><p><blockquote>它通过三个杠杆来调整其政策：政策波段的斜率、中点和宽度，即名义有效汇率（S$NEER）。</blockquote></p><p> The MAS said on Thursday it would raise slightly the slope of the policy band, from zero percent previously. The width of the band and the level at which it is centred will be unchanged, it said.</p><p><blockquote>金融管理局周四表示，将从之前的零略微提高政策区间的斜率。报告称，波段的宽度及其中心水平将保持不变。</blockquote></p><p> \"This appreciation path for the S$NEER policy band will ensure price stability over the medium term while recognising the risks to the economic recovery,\" the MAS said in its statement. It said core inflation is expected to rise to 1–2% next year, and close to 2% in the medium-term.</p><p><blockquote>新加坡金融管理局在声明中表示：“新元近期政策区间的这种升值路径将确保中期价格稳定，同时认识到经济复苏的风险。”报告称，预计明年核心通胀率将升至1-2%，中期将接近2%。</blockquote></p><p> The Singapore dollar jumped about 0.3% after the announcement to hit a three-week high of S$1.3475 per dollar.</p><p><blockquote>消息公布后，新加坡元上涨约0.3%，触及1美元兑1.3475新元的三周高点。</blockquote></p><p> Eleven of 13 economists polled by Reuters&nbsp;had forecast&nbsp;the MAS would keep its policy unchanged, while only two had expected a slight tightening.</p><p><blockquote>路透社调查的 13 位经济学家中有 11 位预测 MAS 将维持政策不变，而只有两位预计会略有收紧。</blockquote></p><p> \"The economic and inflation assessment sounds definitely more sanguine for 2022 and it looks like they are focusing on cost pressures including labour costs, both domestic and imported,\" said Selena Ling, Head of Treasury Research &amp; Strategy, OCBC Bank.</p><p><blockquote>华侨银行财资研究与策略主管 Selena Ling 表示：“2022 年的经济和通胀评估听起来肯定更加乐观，看起来他们正在关注成本压力，包括国内和进口的劳动力成本。”</blockquote></p><p> \"Also surprising is that they have dropped all the caveats about downside risks apart from a brief phrase on the emergence of a vaccine-resistant virus strain or severe global economic stresses.\"</p><p><blockquote>“同样令人惊讶的是，除了关于出现疫苗耐药性病毒株或严重的全球经济压力的简短措辞外，他们还放弃了所有有关下行风险的警告。”</blockquote></p><p> Separate preliminary data on Thursday showed Singapore's economy grew 6.5% in the third quarter, broadly in line with economists' forecast.</p><p><blockquote>周四的单独初步数据显示，新加坡第三季度经济增长6.5%，与经济学家的预测大致一致。</blockquote></p><p> The MAS said GDP growth was expected to be 6–7% this year and register a slower but still-above trend pace in 2022.</p><p><blockquote>MAS表示，今年GDP增长率预计为6-7%，2022年增速将放缓，但仍高于趋势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/world/asia-pacific/singapore-central-bank-tightens-policy-surprise-move-2021-10-14/\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.reuters.com/world/asia-pacific/singapore-central-bank-tightens-policy-surprise-move-2021-10-14/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123802574","content_text":"SINGAPORE, Oct 14 (Reuters) - Singapore's central bank unexpectedly tightened its monetary policy on Thursday, saying the move will ensure price stability over the medium-term.\nThe Monetary Authority of Singapore (MAS) manages monetary policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners within an undisclosed band.\nIt adjusts its policy via three levers: the slope, mid-point and width of the policy band, known as the Nominal Effective Exchange Rate, or S$NEER.\nThe MAS said on Thursday it would raise slightly the slope of the policy band, from zero percent previously. The width of the band and the level at which it is centred will be unchanged, it said.\n\"This appreciation path for the S$NEER policy band will ensure price stability over the medium term while recognising the risks to the economic recovery,\" the MAS said in its statement. It said core inflation is expected to rise to 1–2% next year, and close to 2% in the medium-term.\nThe Singapore dollar jumped about 0.3% after the announcement to hit a three-week high of S$1.3475 per dollar.\nEleven of 13 economists polled by Reuters had forecast the MAS would keep its policy unchanged, while only two had expected a slight tightening.\n\"The economic and inflation assessment sounds definitely more sanguine for 2022 and it looks like they are focusing on cost pressures including labour costs, both domestic and imported,\" said Selena Ling, Head of Treasury Research & Strategy, OCBC Bank.\n\"Also surprising is that they have dropped all the caveats about downside risks apart from a brief phrase on the emergence of a vaccine-resistant virus strain or severe global economic stresses.\"\nSeparate preliminary data on Thursday showed Singapore's economy grew 6.5% in the third quarter, broadly in line with economists' forecast.\nThe MAS said GDP growth was expected to be 6–7% this year and register a slower but still-above trend pace in 2022.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822863562,"gmtCreate":1634115256589,"gmtModify":1634115256666,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Up up up away. No money to buy la","listText":"Up up up away. No money to buy la","text":"Up up up away. No money to buy la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/822863562","repostId":"1128013964","repostType":4,"repost":{"id":"1128013964","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":1634114646,"share":"https://www.laohunote.com/m/news/1128013964?lang=zh_CN&edition=full","pubTime":"2021-10-13 16:44","market":"us","language":"en","title":"BBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128013964","media":"Tiger Newspress","summary":"BBIG stock surged another 7% in premarket trading after rising 20% yesterday.\n\nOne of the red-hot st","content":"<p>BBIG stock surged another 7% in premarket trading&nbsp;after&nbsp;rising 20% yesterday.</p><p><blockquote>BBIG 股票继昨天上涨 20% 后，在盘前交易中又飙升 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a16b6bb2a5f5ceed34ed6561a7b64896\" tg-width=\"847\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> One of the red-hot stocks that’s generating a lot of retail investor interest of late is&nbsp;<b>Vinco Ventures</b>(NASDAQ:<b><u>BBIG</u></b>). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.</p><p><blockquote>最近引起大量散户投资者兴趣的热门股票之一是<b>文科风险投资公司</b>（纳斯达克：<b><u>大</u></b>).事实上，昨天 BBIG 股票上涨 20 点是过去五个交易日中的多次反弹之一。在此期间，BBIG股票为投资者提供了超过20%的收益。也就是说，对于那些有勇气投资这个高波动性名称的人来说。</blockquote></p><p> Putting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.</p><p><blockquote>从 BBIG 股票的角度来看，这家公司年初股价约为每股 1.35 美元。此后，股价上个月飙升至近每股 12.50 美元，上周跌至每股 5 美元以下。接近10袋的东西变成了5袋的东西。对于那些长期持有这只股票的人来说，也许这种波动性没什么好担心的。</blockquote></p><p> One of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s&nbsp;relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.</p><p><blockquote>BBIG 股票涨跌互现的原因之一是该公司的空头利息相对较高。事实上，任何被高度做空的股票都可能让散户投资者起鸡皮疙瘩。今年我们都看到了其他做空股票的反弹。</blockquote></p><p> However, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.</p><p><blockquote>然而，投资者似乎正在跳槽另一个催化剂。让我们深入了解一下是什么推动了 Vinco Ventures 的发展。</blockquote></p><p> <b>BBIG Stock Surges Ahead of Key Crypto Catalyst</b></p><p><blockquote><b>BBIG 股价在关键加密货币催化剂出现之前飙升</b></blockquote></p><p> Yesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a&nbsp;proxy statement&nbsp;for a spinoff. Titled&nbsp;<b>Cryptyde</b>, this spinoff will aim to allow the company to&nbsp;leverage its blockchain technologies&nbsp;further. By doing so, the company will “disrupt consumer facing industries.”</p><p><blockquote>昨天，投资者似乎对将于本周五公布的关键加密货币更新充满热情。Vinco Ventures 最近向投资者提供了分拆的委托书。标题<b>神秘</b>此次分拆旨在让该公司进一步利用其区块链技术。通过这样做，该公司将 “颠覆面向消费者的行业”。</blockquote></p><p> Sounds good to me.</p><p><blockquote>听起来不错。</blockquote></p><p> Investors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.</p><p><blockquote>投资者似乎越来越看好加密货币相关股票。最近几周，加密货币价格持续飙升。因此，像Vinco Ventures这样的公司不仅是挤空公司，而且是加密货币敞口公司，现在可能是投机者的圣杯。</blockquote></p><p> How this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.</p><p><blockquote>这种衍生产品最终会如何发展还有待观察。然而，预计 BBIG 股票在一段时间内可能会保持高度波动。</blockquote></p><p></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>BBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-13 16:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BBIG stock surged another 7% in premarket trading&nbsp;after&nbsp;rising 20% yesterday.</p><p><blockquote>BBIG 股票继昨天上涨 20% 后，在盘前交易中又飙升 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a16b6bb2a5f5ceed34ed6561a7b64896\" tg-width=\"847\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> One of the red-hot stocks that’s generating a lot of retail investor interest of late is&nbsp;<b>Vinco Ventures</b>(NASDAQ:<b><u>BBIG</u></b>). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.</p><p><blockquote>最近引起大量散户投资者兴趣的热门股票之一是<b>文科风险投资公司</b>（纳斯达克：<b><u>大</u></b>).事实上，昨天 BBIG 股票上涨 20 点是过去五个交易日中的多次反弹之一。在此期间，BBIG股票为投资者提供了超过20%的收益。也就是说，对于那些有勇气投资这个高波动性名称的人来说。</blockquote></p><p> Putting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.</p><p><blockquote>从 BBIG 股票的角度来看，这家公司年初股价约为每股 1.35 美元。此后，股价上个月飙升至近每股 12.50 美元，上周跌至每股 5 美元以下。接近10袋的东西变成了5袋的东西。对于那些长期持有这只股票的人来说，也许这种波动性没什么好担心的。</blockquote></p><p> One of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s&nbsp;relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.</p><p><blockquote>BBIG 股票涨跌互现的原因之一是该公司的空头利息相对较高。事实上，任何被高度做空的股票都可能让散户投资者起鸡皮疙瘩。今年我们都看到了其他做空股票的反弹。</blockquote></p><p> However, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.</p><p><blockquote>然而，投资者似乎正在跳槽另一个催化剂。让我们深入了解一下是什么推动了 Vinco Ventures 的发展。</blockquote></p><p> <b>BBIG Stock Surges Ahead of Key Crypto Catalyst</b></p><p><blockquote><b>BBIG 股价在关键加密货币催化剂出现之前飙升</b></blockquote></p><p> Yesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a&nbsp;proxy statement&nbsp;for a spinoff. Titled&nbsp;<b>Cryptyde</b>, this spinoff will aim to allow the company to&nbsp;leverage its blockchain technologies&nbsp;further. By doing so, the company will “disrupt consumer facing industries.”</p><p><blockquote>昨天，投资者似乎对将于本周五公布的关键加密货币更新充满热情。Vinco Ventures 最近向投资者提供了分拆的委托书。标题<b>神秘</b>此次分拆旨在让该公司进一步利用其区块链技术。通过这样做，该公司将 “颠覆面向消费者的行业”。</blockquote></p><p> Sounds good to me.</p><p><blockquote>听起来不错。</blockquote></p><p> Investors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.</p><p><blockquote>投资者似乎越来越看好加密货币相关股票。最近几周，加密货币价格持续飙升。因此，像Vinco Ventures这样的公司不仅是挤空公司，而且是加密货币敞口公司，现在可能是投机者的圣杯。</blockquote></p><p> How this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.</p><p><blockquote>这种衍生产品最终会如何发展还有待观察。然而，预计 BBIG 股票在一段时间内可能会保持高度波动。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBIG":"Vinco Ventures, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128013964","content_text":"BBIG stock surged another 7% in premarket trading after rising 20% yesterday.\n\nOne of the red-hot stocks that’s generating a lot of retail investor interest of late is Vinco Ventures(NASDAQ:BBIG). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.\nPutting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.\nOne of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.\nHowever, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.\nBBIG Stock Surges Ahead of Key Crypto Catalyst\nYesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a proxy statement for a spinoff. Titled Cryptyde, this spinoff will aim to allow the company to leverage its blockchain technologies further. By doing so, the company will “disrupt consumer facing industries.”\nSounds good to me.\nInvestors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.\nHow this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.","news_type":1,"symbols_score_info":{"BBIG":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826435484,"gmtCreate":1634046446359,"gmtModify":1634046514545,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MMTLP\">$META MATLS INC PFD SER A(MMTLP)$</a>someone commented that this cannot be traded. How come have trading movement?","listText":"<a href=\"https://laohu8.com/S/MMTLP\">$META MATLS INC PFD SER A(MMTLP)$</a>someone commented that this cannot be traded. How come have trading movement?","text":"$META MATLS INC PFD SER A(MMTLP)$someone commented that this cannot be traded. How come have trading movement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826435484","isVote":1,"tweetType":1,"viewCount":935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828512101,"gmtCreate":1633923719601,"gmtModify":1633923719698,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"More more more!!!!","listText":"More more more!!!!","text":"More more more!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828512101","repostId":"1143168499","repostType":4,"repost":{"id":"1143168499","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":1633919503,"share":"https://www.laohunote.com/m/news/1143168499?lang=zh_CN&edition=full","pubTime":"2021-10-11 10:31","market":"sg","language":"en","title":"Singapore Airlines shares rose more than 8% in morning trading<blockquote>新加坡航空股价早盘上涨逾8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143168499","media":"Tiger Newspress","summary":"SINGAPORE shares started the week higher on Monday, as the Republic announced it would open travel l","content":"<p>SINGAPORE shares started the week higher on Monday, as the Republic announced it would open travel lanes for vaccinated individuals from more countries,&nbsp;despite tightening rules for the unvaccinated.</p><p><blockquote>新加坡股市周一开盘走高，尽管对未接种疫苗者的规定更加严格，但新加坡宣布将为来自更多国家的接种疫苗者开放旅行通道。</blockquote></p><p> Singapore Airlines&nbsp;was also actively traded, with 5.1 million shares worth S$27.9 million changing hands. The counter jumped&nbsp;8.38%&nbsp;to S$5.56.</p><p><blockquote>新加坡航空公司的交易也很活跃，510万股股票易手，价值2790万新元。柜台上涨8.38%至5.56新元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d505007cdebdf08df7bd687485879d1a\" tg-width=\"877\" tg-height=\"588\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> On Saturday, Singapore announced that it would&nbsp;expand its Vaccinated Travel Lane scheme&nbsp;to an additional nine countries, allowing fully vaccinated travellers from Singapore and these nations to enjoy quarantine-free travel both ways.</p><p><blockquote>周六，新加坡宣布将把其疫苗接种旅行通道计划扩大到另外九个国家，允许来自新加坡和这些国家的完全接种疫苗的旅客双向享受免检疫旅行。</blockquote></p><p></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>Singapore Airlines shares rose more than 8% in morning trading<blockquote>新加坡航空股价早盘上涨逾8%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSingapore Airlines shares rose more than 8% in morning trading<blockquote>新加坡航空股价早盘上涨逾8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-11 10:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>SINGAPORE shares started the week higher on Monday, as the Republic announced it would open travel lanes for vaccinated individuals from more countries,&nbsp;despite tightening rules for the unvaccinated.</p><p><blockquote>新加坡股市周一开盘走高，尽管对未接种疫苗者的规定更加严格，但新加坡宣布将为来自更多国家的接种疫苗者开放旅行通道。</blockquote></p><p> Singapore Airlines&nbsp;was also actively traded, with 5.1 million shares worth S$27.9 million changing hands. The counter jumped&nbsp;8.38%&nbsp;to S$5.56.</p><p><blockquote>新加坡航空公司的交易也很活跃，510万股股票易手，价值2790万新元。柜台上涨8.38%至5.56新元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d505007cdebdf08df7bd687485879d1a\" tg-width=\"877\" tg-height=\"588\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> On Saturday, Singapore announced that it would&nbsp;expand its Vaccinated Travel Lane scheme&nbsp;to an additional nine countries, allowing fully vaccinated travellers from Singapore and these nations to enjoy quarantine-free travel both ways.</p><p><blockquote>周六，新加坡宣布将把其疫苗接种旅行通道计划扩大到另外九个国家，允许来自新加坡和这些国家的完全接种疫苗的旅客双向享受免检疫旅行。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143168499","content_text":"SINGAPORE shares started the week higher on Monday, as the Republic announced it would open travel lanes for vaccinated individuals from more countries, despite tightening rules for the unvaccinated.\nSingapore Airlines was also actively traded, with 5.1 million shares worth S$27.9 million changing hands. The counter jumped 8.38% to S$5.56.\n\nOn Saturday, Singapore announced that it would expand its Vaccinated Travel Lane scheme to an additional nine countries, allowing fully vaccinated travellers from Singapore and these nations to enjoy quarantine-free travel both ways.","news_type":1,"symbols_score_info":{"C6L.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1075,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821793749,"gmtCreate":1633785155525,"gmtModify":1633785155643,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582457483215828","authorIdStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ORPH\">$Orphazyme A/S(ORPH)$</a>from rock become sand.","listText":"<a href=\"https://laohu8.com/S/ORPH\">$Orphazyme A/S(ORPH)$</a>from rock become sand.","text":"$Orphazyme A/S(ORPH)$from rock become sand.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821793749","isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":179123128,"gmtCreate":1626494747164,"gmtModify":1631892666472,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Like here","listText":"Like here","text":"Like here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/179123128","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890370191,"gmtCreate":1628085126913,"gmtModify":1631884275784,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"i am coming for GM","listText":"i am coming for GM","text":"i am coming for GM","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/890370191","repostId":"1146704714","repostType":4,"repost":{"id":"1146704714","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":1628083681,"share":"https://www.laohunote.com/m/news/1146704714?lang=zh_CN&edition=full","pubTime":"2021-08-04 21:28","market":"us","language":"en","title":"Stocks open slightly lower after ADP private-sector payrolls data<blockquote>ADP 私营部门就业数据公布后，股市小幅开盘走低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146704714","media":"Tiger Newspress","summary":"Stocks open slightly lower after ADP private-sector payrolls data\nAirline stocks, bank stocks fell. ","content":"<p><ul>  <li>Stocks open slightly lower after ADP private-sector payrolls data</li>  <li>Airline&nbsp;stocks,&nbsp;bank&nbsp;stocks&nbsp;fell.&nbsp;Chinese Stocks&nbsp;rally.</li>  <li>GM fell&nbsp;over&nbsp;6%&nbsp;as&nbsp;earnings disappoint.</li> </ul> (Aug 4)&nbsp;U.S. stocks fell on Wednesday morning after the earnings of a major automaker and a private sector jobs report came in lower than expected.</p><p><blockquote><ul><li>ADP 私营部门就业数据公布后，股市小幅开盘走低</li><li>航空股、银行股下跌。中国股市上涨。</li><li>由于盈利令人失望，通用汽车股价下跌超过 6%。</li></ul>（8月4日）美国周三上午，一家主要汽车制造商的盈利和私营部门的就业报告低于预期，股市下跌。</blockquote></p><p> The Dow Jones Industrial Average shed about 147 points, or 0.4%. The S&amp;P 500 slipped by 0.3% while the Nasdaq Composite was flat. The dip comes after the S&amp;P 500 broke a 2-day losing streak on Tuesday to post a record close, bringing its 2021 gains to more than 17%.&nbsp;</p><p><blockquote>道琼斯工业平均指数下跌约 147 点，跌幅 0.4%。标普500指数下跌 0.3%，而纳斯达克综合指数持平。此前，标普500周二打破了连续两天的下跌，创下历史新高，2021 年涨幅超过 17%。</blockquote></p><p> Airline&nbsp;stocks,&nbsp;bank&nbsp;stocks&nbsp;fell.&nbsp;Chinese Stocks&nbsp;rally.</p><p><blockquote>航空股、银行股下跌。中国股市上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f07059e6f35af7ae40b84ff4fccdc425\" tg-width=\"364\" tg-height=\"369\" referrerpolicy=\"no-referrer\"><span>Airline stocks fell</span></p><p><blockquote><p class=\"t-img-caption\"><span>航空股下跌</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1616caf96bbfd7781bd83ec905dadfb4\" tg-width=\"359\" tg-height=\"652\" referrerpolicy=\"no-referrer\"><span>Bank stocks are down</span></p><p><blockquote><p class=\"t-img-caption\"><span>银行股下跌</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/342fe79f0fe76a05734e9a553bf3d22e\" tg-width=\"365\" tg-height=\"715\" referrerpolicy=\"no-referrer\"><span>Chinese Stocks rally</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国股市上涨</span></p></blockquote></p><p> Novavax Stock Jumps After Europe Approves Contract for Covid Vaccine.</p><p><blockquote>欧洲批准新冠疫苗合同后，Novavax 股价上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3da91666091c7ee912199acb975944a2\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>GM fell&nbsp;over&nbsp;6%&nbsp;as&nbsp;earnings disappoint.&nbsp;</b>Shares of General Motors fell about 6% in early trading, weighing on the broader market, after the automakermissed earnings expectations for the second quarter. The automaker did raise its guidance for a key profit metric for the rest of the year.</p><p><blockquote><b>由于盈利令人失望，通用汽车股价下跌超过 6%。</b>通用汽车股价在早盘交易中下跌约 6%，令大盘承压，此前该汽车制造商第二季度盈利未达到预期。该汽车制造商确实提高了今年剩余时间关键利润指标的指引。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a83eef22ad4c7b4513849130b478e6b7\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Stocks open slightly lower after ADP private-sector payrolls data<blockquote>ADP 私营部门就业数据公布后，股市小幅开盘走低</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nStocks open slightly lower after ADP private-sector payrolls data<blockquote>ADP 私营部门就业数据公布后，股市小幅开盘走低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-04 21:28</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li>Stocks open slightly lower after ADP private-sector payrolls data</li>  <li>Airline&nbsp;stocks,&nbsp;bank&nbsp;stocks&nbsp;fell.&nbsp;Chinese Stocks&nbsp;rally.</li>  <li>GM fell&nbsp;over&nbsp;6%&nbsp;as&nbsp;earnings disappoint.</li> </ul> (Aug 4)&nbsp;U.S. stocks fell on Wednesday morning after the earnings of a major automaker and a private sector jobs report came in lower than expected.</p><p><blockquote><ul><li>ADP 私营部门就业数据公布后，股市小幅开盘走低</li><li>航空股、银行股下跌。中国股市上涨。</li><li>由于盈利令人失望，通用汽车股价下跌超过 6%。</li></ul>（8月4日）美国周三上午，一家主要汽车制造商的盈利和私营部门的就业报告低于预期，股市下跌。</blockquote></p><p> The Dow Jones Industrial Average shed about 147 points, or 0.4%. The S&amp;P 500 slipped by 0.3% while the Nasdaq Composite was flat. The dip comes after the S&amp;P 500 broke a 2-day losing streak on Tuesday to post a record close, bringing its 2021 gains to more than 17%.&nbsp;</p><p><blockquote>道琼斯工业平均指数下跌约 147 点，跌幅 0.4%。标普500指数下跌 0.3%，而纳斯达克综合指数持平。此前，标普500周二打破了连续两天的下跌，创下历史新高，2021 年涨幅超过 17%。</blockquote></p><p> Airline&nbsp;stocks,&nbsp;bank&nbsp;stocks&nbsp;fell.&nbsp;Chinese Stocks&nbsp;rally.</p><p><blockquote>航空股、银行股下跌。中国股市上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f07059e6f35af7ae40b84ff4fccdc425\" tg-width=\"364\" tg-height=\"369\" referrerpolicy=\"no-referrer\"><span>Airline stocks fell</span></p><p><blockquote><p class=\"t-img-caption\"><span>航空股下跌</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1616caf96bbfd7781bd83ec905dadfb4\" tg-width=\"359\" tg-height=\"652\" referrerpolicy=\"no-referrer\"><span>Bank stocks are down</span></p><p><blockquote><p class=\"t-img-caption\"><span>银行股下跌</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/342fe79f0fe76a05734e9a553bf3d22e\" tg-width=\"365\" tg-height=\"715\" referrerpolicy=\"no-referrer\"><span>Chinese Stocks rally</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国股市上涨</span></p></blockquote></p><p> Novavax Stock Jumps After Europe Approves Contract for Covid Vaccine.</p><p><blockquote>欧洲批准新冠疫苗合同后，Novavax 股价上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3da91666091c7ee912199acb975944a2\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>GM fell&nbsp;over&nbsp;6%&nbsp;as&nbsp;earnings disappoint.&nbsp;</b>Shares of General Motors fell about 6% in early trading, weighing on the broader market, after the automakermissed earnings expectations for the second quarter. The automaker did raise its guidance for a key profit metric for the rest of the year.</p><p><blockquote><b>由于盈利令人失望，通用汽车股价下跌超过 6%。</b>通用汽车股价在早盘交易中下跌约 6%，令大盘承压，此前该汽车制造商第二季度盈利未达到预期。该汽车制造商确实提高了今年剩余时间关键利润指标的指引。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a83eef22ad4c7b4513849130b478e6b7\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146704714","content_text":"Stocks open slightly lower after ADP private-sector payrolls data\nAirline stocks, bank stocks fell. Chinese Stocks rally.\nGM fell over 6% as earnings disappoint.\n\n(Aug 4) U.S. stocks fell on Wednesday morning after the earnings of a major automaker and a private sector jobs report came in lower than expected.\nThe Dow Jones Industrial Average shed about 147 points, or 0.4%. The S&P 500 slipped by 0.3% while the Nasdaq Composite was flat. The dip comes after the S&P 500 broke a 2-day losing streak on Tuesday to post a record close, bringing its 2021 gains to more than 17%. \nAirline stocks, bank stocks fell. Chinese Stocks rally.\nAirline stocks fell\nBank stocks are down\nChinese Stocks rally\nNovavax Stock Jumps After Europe Approves Contract for Covid Vaccine.\n\nGM fell over 6% as earnings disappoint. Shares of General Motors fell about 6% in early trading, weighing on the broader market, after the automakermissed earnings expectations for the second quarter. The automaker did raise its guidance for a key profit metric for the rest of the year.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":822863562,"gmtCreate":1634115256589,"gmtModify":1634115256666,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Up up up away. No money to buy la","listText":"Up up up away. No money to buy la","text":"Up up up away. No money to buy la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/822863562","repostId":"1128013964","repostType":4,"repost":{"id":"1128013964","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":1634114646,"share":"https://www.laohunote.com/m/news/1128013964?lang=zh_CN&edition=full","pubTime":"2021-10-13 16:44","market":"us","language":"en","title":"BBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128013964","media":"Tiger Newspress","summary":"BBIG stock surged another 7% in premarket trading after rising 20% yesterday.\n\nOne of the red-hot st","content":"<p>BBIG stock surged another 7% in premarket trading&nbsp;after&nbsp;rising 20% yesterday.</p><p><blockquote>BBIG 股票继昨天上涨 20% 后，在盘前交易中又飙升 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a16b6bb2a5f5ceed34ed6561a7b64896\" tg-width=\"847\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> One of the red-hot stocks that’s generating a lot of retail investor interest of late is&nbsp;<b>Vinco Ventures</b>(NASDAQ:<b><u>BBIG</u></b>). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.</p><p><blockquote>最近引起大量散户投资者兴趣的热门股票之一是<b>文科风险投资公司</b>（纳斯达克：<b><u>大</u></b>).事实上，昨天 BBIG 股票上涨 20 点是过去五个交易日中的多次反弹之一。在此期间，BBIG股票为投资者提供了超过20%的收益。也就是说，对于那些有勇气投资这个高波动性名称的人来说。</blockquote></p><p> Putting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.</p><p><blockquote>从 BBIG 股票的角度来看，这家公司年初股价约为每股 1.35 美元。此后，股价上个月飙升至近每股 12.50 美元，上周跌至每股 5 美元以下。接近10袋的东西变成了5袋的东西。对于那些长期持有这只股票的人来说，也许这种波动性没什么好担心的。</blockquote></p><p> One of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s&nbsp;relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.</p><p><blockquote>BBIG 股票涨跌互现的原因之一是该公司的空头利息相对较高。事实上，任何被高度做空的股票都可能让散户投资者起鸡皮疙瘩。今年我们都看到了其他做空股票的反弹。</blockquote></p><p> However, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.</p><p><blockquote>然而，投资者似乎正在跳槽另一个催化剂。让我们深入了解一下是什么推动了 Vinco Ventures 的发展。</blockquote></p><p> <b>BBIG Stock Surges Ahead of Key Crypto Catalyst</b></p><p><blockquote><b>BBIG 股价在关键加密货币催化剂出现之前飙升</b></blockquote></p><p> Yesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a&nbsp;proxy statement&nbsp;for a spinoff. Titled&nbsp;<b>Cryptyde</b>, this spinoff will aim to allow the company to&nbsp;leverage its blockchain technologies&nbsp;further. By doing so, the company will “disrupt consumer facing industries.”</p><p><blockquote>昨天，投资者似乎对将于本周五公布的关键加密货币更新充满热情。Vinco Ventures 最近向投资者提供了分拆的委托书。标题<b>神秘</b>此次分拆旨在让该公司进一步利用其区块链技术。通过这样做，该公司将 “颠覆面向消费者的行业”。</blockquote></p><p> Sounds good to me.</p><p><blockquote>听起来不错。</blockquote></p><p> Investors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.</p><p><blockquote>投资者似乎越来越看好加密货币相关股票。最近几周，加密货币价格持续飙升。因此，像Vinco Ventures这样的公司不仅是挤空公司，而且是加密货币敞口公司，现在可能是投机者的圣杯。</blockquote></p><p> How this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.</p><p><blockquote>这种衍生产品最终会如何发展还有待观察。然而，预计 BBIG 股票在一段时间内可能会保持高度波动。</blockquote></p><p></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>BBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBBIG stock surged another 7% in premarket trading<blockquote>BBIG 股价在盘前交易中又飙升 7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-13 16:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BBIG stock surged another 7% in premarket trading&nbsp;after&nbsp;rising 20% yesterday.</p><p><blockquote>BBIG 股票继昨天上涨 20% 后，在盘前交易中又飙升 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a16b6bb2a5f5ceed34ed6561a7b64896\" tg-width=\"847\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> One of the red-hot stocks that’s generating a lot of retail investor interest of late is&nbsp;<b>Vinco Ventures</b>(NASDAQ:<b><u>BBIG</u></b>). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.</p><p><blockquote>最近引起大量散户投资者兴趣的热门股票之一是<b>文科风险投资公司</b>（纳斯达克：<b><u>大</u></b>).事实上，昨天 BBIG 股票上涨 20 点是过去五个交易日中的多次反弹之一。在此期间，BBIG股票为投资者提供了超过20%的收益。也就是说，对于那些有勇气投资这个高波动性名称的人来说。</blockquote></p><p> Putting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.</p><p><blockquote>从 BBIG 股票的角度来看，这家公司年初股价约为每股 1.35 美元。此后，股价上个月飙升至近每股 12.50 美元，上周跌至每股 5 美元以下。接近10袋的东西变成了5袋的东西。对于那些长期持有这只股票的人来说，也许这种波动性没什么好担心的。</blockquote></p><p> One of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s&nbsp;relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.</p><p><blockquote>BBIG 股票涨跌互现的原因之一是该公司的空头利息相对较高。事实上，任何被高度做空的股票都可能让散户投资者起鸡皮疙瘩。今年我们都看到了其他做空股票的反弹。</blockquote></p><p> However, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.</p><p><blockquote>然而，投资者似乎正在跳槽另一个催化剂。让我们深入了解一下是什么推动了 Vinco Ventures 的发展。</blockquote></p><p> <b>BBIG Stock Surges Ahead of Key Crypto Catalyst</b></p><p><blockquote><b>BBIG 股价在关键加密货币催化剂出现之前飙升</b></blockquote></p><p> Yesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a&nbsp;proxy statement&nbsp;for a spinoff. Titled&nbsp;<b>Cryptyde</b>, this spinoff will aim to allow the company to&nbsp;leverage its blockchain technologies&nbsp;further. By doing so, the company will “disrupt consumer facing industries.”</p><p><blockquote>昨天，投资者似乎对将于本周五公布的关键加密货币更新充满热情。Vinco Ventures 最近向投资者提供了分拆的委托书。标题<b>神秘</b>此次分拆旨在让该公司进一步利用其区块链技术。通过这样做，该公司将 “颠覆面向消费者的行业”。</blockquote></p><p> Sounds good to me.</p><p><blockquote>听起来不错。</blockquote></p><p> Investors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.</p><p><blockquote>投资者似乎越来越看好加密货币相关股票。最近几周，加密货币价格持续飙升。因此，像Vinco Ventures这样的公司不仅是挤空公司，而且是加密货币敞口公司，现在可能是投机者的圣杯。</blockquote></p><p> How this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.</p><p><blockquote>这种衍生产品最终会如何发展还有待观察。然而，预计 BBIG 股票在一段时间内可能会保持高度波动。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBIG":"Vinco Ventures, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128013964","content_text":"BBIG stock surged another 7% in premarket trading after rising 20% yesterday.\n\nOne of the red-hot stocks that’s generating a lot of retail investor interest of late is Vinco Ventures(NASDAQ:BBIG). Indeed, yesterday’s 20 rise in BBIG stock is among a number of rallies over the past five trading days. Over this timeframe, BBIG stock has provided investors with gains of more than 20%. That is, for those with the guts to invest in this high-volatility name.\nPutting BBIG stock in perspective, this is a company that started the year around $1.35 per share. Since then, shares soared to nearly $12.50 per share last month before settling down to below $5 per share last week. What was a near 10-bagger has turned into a five-bagger. For those holding onto this stock long term, perhaps this volatility is nothing to be concerned with.\nOne of the reasons behind the rapid ebb and flow of BBIG stock has been this company’s relatively high short interest. Indeed, any highly shorted stock is one that’s likely to give retail investors goosebumps. We’ve all seen the rallies in other short squeeze stocks this year.\nHowever, there’s another catalyst investors appear to be jumping. Let’s dive into what’s propelling Vinco Ventures higher right now.\nBBIG Stock Surges Ahead of Key Crypto Catalyst\nYesterday, investors appear to be pricing in enthusiasm around a key crypto update set to be unveiled this Friday. Vinco Ventures recently provided investors with a proxy statement for a spinoff. Titled Cryptyde, this spinoff will aim to allow the company to leverage its blockchain technologies further. By doing so, the company will “disrupt consumer facing industries.”\nSounds good to me.\nInvestors appear to be growing increasingly bullish on crypto-related stocks. Crypto prices have continued to surge in recent weeks. Accordingly, companies such as Vinco Ventures that are not only short-squeeze plays but also ones with crypto exposure, represent perhaps the holy grail for speculators right now.\nHow this spinoff ultimately pans out remains to be seen. However, expectations are that BBIG stock could remain a highly volatile one for some time.","news_type":1,"symbols_score_info":{"BBIG":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881231551,"gmtCreate":1631340978573,"gmtModify":1631883770863,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"I still waiting for it to boom again. To get more.","listText":"I still waiting for it to boom again. To get more.","text":"I still waiting for it to boom again. To get more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881231551","repostId":"1127699574","repostType":4,"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891116146,"gmtCreate":1628347870385,"gmtModify":1631892666402,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Heng ah.","listText":"Heng ah.","text":"Heng ah.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/891116146","repostId":"1157428986","repostType":4,"repost":{"id":"1157428986","kind":"news","pubTimestamp":1628296262,"share":"https://www.laohunote.com/m/news/1157428986?lang=zh_CN&edition=full","pubTime":"2021-08-07 08:31","market":"us","language":"en","title":"US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown<blockquote>美国 IPO 未来一周：两家银行在一年一度的夏季放缓中试水</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157428986","media":"renaissancecap...","summary":"The IPO market is getting a breather as the August lull continues to set in, with just two banks sch","content":"<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.</p><p><blockquote>随着八月的平静期继续到来，IPO 市场正在得到喘息的机会，未来一周只有两家银行安排上市。</blockquote></p><p> Utah-based digital bank&nbsp;<b>FinWise Bancorp</b>(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.</p><p><blockquote>犹他州数字银行<b>芬威斯银行</b>(FINW) 计划以 1.83 亿美元的市值筹集 5800 万美元。FinWise Bank向美国各地的消费者和小企业发放贷款并接受存款。截至 2021 年 3 月 31 日，FinWise Bancorp 的总资产为 3.3 亿美元，贷款总额为 2.45 亿美元，存款总额为 1.89 亿美元，股东权益总额为 5200 万美元。</blockquote></p><p> Alabama bank&nbsp;<b>Southern States Bancshares</b>(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.</p><p><blockquote>阿拉巴马银行<b>南方各州银行股票</b>(SSBK) 计划以 1.74 亿美元的市值筹集 4000 万美元。南方各州银行是一家提供全方位服务的社区银行，通过遍布阿拉巴马州和佐治亚州的15家分行为企业和个人提供服务。截至 2021 年 3 月 31 日，南方各州的总资产为 15 亿美元，贷款总额为 11 亿美元，存款总额为 13 亿美元，股东权益总额为 1.45 亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8919c8c9b4257f3c84869f14fa89bcab\" tg-width=\"1414\" tg-height=\"356\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1619493174116","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>US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown<blockquote>美国 IPO 未来一周：两家银行在一年一度的夏季放缓中试水</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS IPO Week Ahead: 2 banks test the waters amid annual summer slowdown<blockquote>美国 IPO 未来一周：两家银行在一年一度的夏季放缓中试水</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-08-07 08:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.</p><p><blockquote>随着八月的平静期继续到来，IPO 市场正在得到喘息的机会，未来一周只有两家银行安排上市。</blockquote></p><p> Utah-based digital bank&nbsp;<b>FinWise Bancorp</b>(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.</p><p><blockquote>犹他州数字银行<b>芬威斯银行</b>(FINW) 计划以 1.83 亿美元的市值筹集 5800 万美元。FinWise Bank向美国各地的消费者和小企业发放贷款并接受存款。截至 2021 年 3 月 31 日，FinWise Bancorp 的总资产为 3.3 亿美元，贷款总额为 2.45 亿美元，存款总额为 1.89 亿美元，股东权益总额为 5200 万美元。</blockquote></p><p> Alabama bank&nbsp;<b>Southern States Bancshares</b>(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.</p><p><blockquote>阿拉巴马银行<b>南方各州银行股票</b>(SSBK) 计划以 1.74 亿美元的市值筹集 4000 万美元。南方各州银行是一家提供全方位服务的社区银行，通过遍布阿拉巴马州和佐治亚州的15家分行为企业和个人提供服务。截至 2021 年 3 月 31 日，南方各州的总资产为 15 亿美元，贷款总额为 11 亿美元，存款总额为 13 亿美元，股东权益总额为 1.45 亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8919c8c9b4257f3c84869f14fa89bcab\" tg-width=\"1414\" tg-height=\"356\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSBK":"Southern States Bancshares, Inc.","FINW":"Finwise Bancorp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157428986","content_text":"The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.\nAlabama bank Southern States Bancshares(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.","news_type":1,"symbols_score_info":{"FINW":0.9,"SSBK":0.9}},"isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118998786,"gmtCreate":1622711256445,"gmtModify":1634098895864,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Will BB fly tonight?","listText":"Will BB fly tonight?","text":"Will BB fly tonight?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/118998786","repostId":"1199260572","repostType":4,"repost":{"id":"1199260572","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":1622707331,"share":"https://www.laohunote.com/m/news/1199260572?lang=zh_CN&edition=full","pubTime":"2021-06-03 16:02","market":"us","language":"en","title":"Meme stocks are flying again in premarket trading<blockquote>模因股票在盘前交易中再次飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199260572","media":"Tiger Newspress","summary":"Meme stocks are flying again in premarket trading.BlackBerry,AMC Entertainment,Sundial Growers and GameStop climbed between 2% and 28%.BlackBerry Limited continues to see increased interest from retail investors and has now overtaken AMC Entertainment Holdings Inc. to emerge as the most-mentioned stock on Reddit’s r/WallStreetBets forum.The moonshot surge in the shares of AMC Entertainment Holdings Inc. has vaulted it into the ranks of some of the world’s most valuable companies.The company has ","content":"<p>Meme stocks are flying again in premarket trading.BlackBerry,AMC&nbsp;Entertainment,Sundial&nbsp;Growers&nbsp;and&nbsp;GameStop&nbsp;climbed between 2% and 28%.</p><p><blockquote>迷因股票在盘前交易中再次飙升.黑莓、AMC娱乐、日晷种植者和游戏驿站上涨了2%至28%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/cbc960badd90a595952eb8ae3d0634dd\" tg-width=\"372\" tg-height=\"603\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>BlackBerry Limited</b>&nbsp;continues to see increased interest from retail investors and has now overtaken&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;to emerge as the most-mentioned stock on Reddit’s r/WallStreetBets forum.</p><p><blockquote><b>黑莓有限公司</b>散户投资者的兴趣继续增加，现已超过<b>AMC院线控股公司。</b>成为 Reddit 的 r/WallStreetBets 论坛上被提及次数最多的股票。</blockquote></p><p>The&nbsp;moonshot surge&nbsp;in the shares of AMC Entertainment Holdings Inc. has vaulted it into the ranks of some of the world’s most valuable companies.</p><p><blockquote>AMC院线控股公司股价的飙升使其跻身全球最有价值公司之列。</blockquote></p><p>The company has gone from a small cap to a large cap in the space of a few months. A 95% gain amid a&nbsp;retail-trading frenzy&nbsp;on Wednesday left the movie-theater chain with a market capitalization of $31.3 billion. That makes it more valuable than half of the companies in the S&amp;P 500 Index.</p><p><blockquote>该公司在几个月的时间里从小盘股变成了大盘股。在周三的零售交易狂潮中，这家连锁影院的市值上涨了 95%，使其市值达到 313 亿美元。这使得它比标普500指数中一半的公司更有价值。</blockquote></p><p>Paper losses from the bearish wagers on 10 of the most-shorted U.S. shares amounted to $4.5 billion Wednesday, according to Peter Hillerberg, co-founder of analytics provider Ortex. That includes $2.75 billion in unrealized losses for AMC Entertainment Holdings Inc. following the stock’s 95% surge, rising to nearly $4 billion after adding in GameStop Corp. and Bed Bath &amp; Beyond Inc.</p><p><blockquote>分析提供商 Ortex 联合创始人彼得·希勒伯格 (Peter Hillerberg) 表示，周三对 10 只卖空最多的美国股票的看跌押注造成的账面损失达 45 亿美元。这其中包括AMC院线控股公司（Martin Holdings Inc.）在股价飙升 95% 后出现的 27.5 亿美元未实现亏损，在加入游戏驿站公司（Martin Corp.）和 Bed Bath &amp; Beyond Inc.</blockquote></p><p></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>Meme stocks are flying again in premarket trading<blockquote>模因股票在盘前交易中再次飙升</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMeme stocks are flying again in premarket trading<blockquote>模因股票在盘前交易中再次飙升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-06-03 16:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Meme stocks are flying again in premarket trading.BlackBerry,AMC&nbsp;Entertainment,Sundial&nbsp;Growers&nbsp;and&nbsp;GameStop&nbsp;climbed between 2% and 28%.</p><p><blockquote>迷因股票在盘前交易中再次飙升.黑莓、AMC娱乐、日晷种植者和游戏驿站上涨了2%至28%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/cbc960badd90a595952eb8ae3d0634dd\" tg-width=\"372\" tg-height=\"603\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>BlackBerry Limited</b>&nbsp;continues to see increased interest from retail investors and has now overtaken&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;to emerge as the most-mentioned stock on Reddit’s r/WallStreetBets forum.</p><p><blockquote><b>黑莓有限公司</b>散户投资者的兴趣继续增加，现已超过<b>AMC院线控股公司。</b>成为 Reddit 的 r/WallStreetBets 论坛上被提及次数最多的股票。</blockquote></p><p>The&nbsp;moonshot surge&nbsp;in the shares of AMC Entertainment Holdings Inc. has vaulted it into the ranks of some of the world’s most valuable companies.</p><p><blockquote>AMC院线控股公司股价的飙升使其跻身全球最有价值公司之列。</blockquote></p><p>The company has gone from a small cap to a large cap in the space of a few months. A 95% gain amid a&nbsp;retail-trading frenzy&nbsp;on Wednesday left the movie-theater chain with a market capitalization of $31.3 billion. That makes it more valuable than half of the companies in the S&amp;P 500 Index.</p><p><blockquote>该公司在几个月的时间里从小盘股变成了大盘股。在周三的零售交易狂潮中，这家连锁影院的市值上涨了 95%，使其市值达到 313 亿美元。这使得它比标普500指数中一半的公司更有价值。</blockquote></p><p>Paper losses from the bearish wagers on 10 of the most-shorted U.S. shares amounted to $4.5 billion Wednesday, according to Peter Hillerberg, co-founder of analytics provider Ortex. That includes $2.75 billion in unrealized losses for AMC Entertainment Holdings Inc. following the stock’s 95% surge, rising to nearly $4 billion after adding in GameStop Corp. and Bed Bath &amp; Beyond Inc.</p><p><blockquote>分析提供商 Ortex 联合创始人彼得·希勒伯格 (Peter Hillerberg) 表示，周三对 10 只卖空最多的美国股票的看跌押注造成的账面损失达 45 亿美元。这其中包括AMC院线控股公司（Martin Holdings Inc.）在股价飙升 95% 后出现的 27.5 亿美元未实现亏损，在加入游戏驿站公司（Martin Corp.）和 Bed Bath &amp; Beyond Inc.</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","NOK":"诺基亚","GME":"游戏驿站","KOSS":"高斯电子","BB":"黑莓","EXPR":"Express, Inc.","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199260572","content_text":"Meme stocks are flying again in premarket trading.BlackBerry,AMC Entertainment,Sundial Growers and GameStop climbed between 2% and 28%.BlackBerry Limited continues to see increased interest from retail investors and has now overtaken AMC Entertainment Holdings Inc. to emerge as the most-mentioned stock on Reddit’s r/WallStreetBets forum.The moonshot surge in the shares of AMC Entertainment Holdings Inc. has vaulted it into the ranks of some of the world’s most valuable companies.The company has gone from a small cap to a large cap in the space of a few months. A 95% gain amid a retail-trading frenzy on Wednesday left the movie-theater chain with a market capitalization of $31.3 billion. That makes it more valuable than half of the companies in the S&P 500 Index.Paper losses from the bearish wagers on 10 of the most-shorted U.S. shares amounted to $4.5 billion Wednesday, according to Peter Hillerberg, co-founder of analytics provider Ortex. That includes $2.75 billion in unrealized losses for AMC Entertainment Holdings Inc. following the stock’s 95% surge, rising to nearly $4 billion after adding in GameStop Corp. and Bed Bath & Beyond Inc.","news_type":1,"symbols_score_info":{"KOSS":0.9,"NOK":0.9,"SNDL":0.9,"BBBY":0.9,"AMC":0.9,"GME":0.9,"BB":0.9,"EXPR":0.9}},"isVote":1,"tweetType":1,"viewCount":1741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":852391064,"gmtCreate":1635239330619,"gmtModify":1635239330865,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>lets prep and fly to the moon tonight!! Launch tommorow!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>lets prep and fly to the moon tonight!! Launch tommorow!","text":"$Tiger Brokers(TIGR)$lets prep and fly to the moon tonight!! Launch tommorow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852391064","isVote":1,"tweetType":1,"viewCount":3431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850912415,"gmtCreate":1634544928065,"gmtModify":1634544928298,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"BAIDUUUUU WUUU!","listText":"BAIDUUUUU WUUU!","text":"BAIDUUUUU WUUU!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/850912415","repostId":"1117181910","repostType":4,"repost":{"id":"1117181910","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":1634544379,"share":"https://www.laohunote.com/m/news/1117181910?lang=zh_CN&edition=full","pubTime":"2021-10-18 16:06","market":"us","language":"en","title":"Baidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117181910","media":"Tiger Newspress","summary":"(Oct 18) Baidu jumped nearly 6% in premarket trading.","content":"<p>(Oct&nbsp;18)&nbsp;<a href=\"https://laohu8.com/S/BIDU\">Baidu</a> jumped nearly 6% in premarket trading.</p><p><blockquote>（10月18日）<a href=\"https://laohu8.com/S/BIDU\">百度</a>盘前交易中上涨近 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bcbc2e887320b96010d313c9227f792c\" tg-width=\"1049\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Baidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBaidu jumped nearly 6% in premarket trading<blockquote>百度在盘前交易中上涨近6%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-18 16:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Oct&nbsp;18)&nbsp;<a href=\"https://laohu8.com/S/BIDU\">Baidu</a> jumped nearly 6% in premarket trading.</p><p><blockquote>（10月18日）<a href=\"https://laohu8.com/S/BIDU\">百度</a>盘前交易中上涨近 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bcbc2e887320b96010d313c9227f792c\" tg-width=\"1049\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117181910","content_text":"(Oct 18) Baidu jumped nearly 6% in premarket trading.","news_type":1,"symbols_score_info":{"BIDU":0.9,"09888":0.9}},"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":883967690,"gmtCreate":1631197119810,"gmtModify":1631883770870,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"Drop more. I want to buu pfizer","listText":"Drop more. I want to buu pfizer","text":"Drop more. I want to buu pfizer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883967690","repostId":"1176976417","repostType":4,"repost":{"id":"1176976417","kind":"news","pubTimestamp":1631197026,"share":"https://www.laohunote.com/m/news/1176976417?lang=zh_CN&edition=full","pubTime":"2021-09-09 22:17","market":"us","language":"en","title":"White House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。制药股下跌。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176976417","media":"Barron's","summary":"The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according","content":"<p>The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from <i>The Wall Street Journal</i>.</p><p><blockquote>根据周四早些时候发布的一份报告，白宫将于周四制定一项降低处方药价格的计划。<i>华尔街日报</i>.</blockquote></p><p> The plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the <i>Journal</i> report.</p><p><blockquote>该计划将允许医疗保险就药品定价进行谈判，并允许卫生与公众服务部测试将药品支付与药品如何使患者受益挂钩<i>杂志</i>报告。</blockquote></p><p> The plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.</p><p><blockquote>该计划出台之际，国会民主党人正在努力制定药品定价立法。两党都支持降低处方药价格的努力，尽管特朗普执政在这个问题上进展甚微。</blockquote></p><p> The S&amp;P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&amp;P 500,&nbsp;which has risen 20.2%. The SPDR S&amp;P Biotech</p><p><blockquote>今年迄今为止，标普500制药指数已上涨 14.9%，落后于标普500的 20.2% 涨幅。SPDR 标准普尔生物技术</blockquote></p><p> exchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.</p><p><blockquote>主要跟踪中小型生物技术行业的交易所交易基金（股票代码：XBI）同期下跌了6%。</blockquote></p><p> Shares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson &amp; Johnson&nbsp;(JNJ) shares declined 0.7%.</p><p><blockquote>周四凌晨，制药公司股价下跌。辉瑞（PFE）股价早盘下跌0.26%，礼来（LLY）股价下跌2.46%，默克（MRK）股价下跌1.17%，强生（JNJ）股价下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f3b476333002ca1b549be932aa2a442\" tg-width=\"275\" tg-height=\"163\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Worries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.</p><p><blockquote>对限制药品价格的担忧长期以来一直困扰着生物技术和制药行业。一些分析师表示，对药品价格立法的新担忧可能是近期生物技术股疲软的驱动因素之一。</blockquote></p><p> According to the <i>Journal</i>, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.</p><p><blockquote>根据<i>杂志</i>制药行业贸易组织 PhRMA 在周三的看涨期权上表示，允许医疗保险就药品定价进行谈判将意味着用于资助新药开发的资金减少。</blockquote></p><p> “The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”</p><p><blockquote>“据追踪该行业的新闻媒体 Fierce Pharma 报道，默克公司董事长 Kenneth Frazier 在看涨期权上说：”我们从国会看到的提案将摧毁这个行业。“虽然像默克这样的大公司会生存下来，但我们做的研究将大大减少。”</blockquote></p><p> Lilly CEO David Ricks also spoke on the call.</p><p><blockquote>礼来公司首席执行官大卫·里克斯也在看涨期权上发表了讲话。</blockquote></p><p> “From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.</p><p><blockquote>“伯恩斯坦分析师罗尼-加尔（Ronny Gal）在周二发布的一份报告中写道：”从制药行业的角度来看，建立价格谈判机制将是一个实质性的负面影响（因为其作用可能会随着时间的推移而扩大）。</blockquote></p><p> In addition to the drug-pricing plan, the <i>New York Times</i> reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.</p><p><blockquote>除药品定价方案外，<i>纽约时报</i>据报道，拜登总统将于周四宣布一项计划，推动企业、学校和联邦政府采取严格的疫苗接种政策。</blockquote></p><p></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>White House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。制药股下跌。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nWhite House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。制药股下跌。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-09-09 22:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from <i>The Wall Street Journal</i>.</p><p><blockquote>根据周四早些时候发布的一份报告，白宫将于周四制定一项降低处方药价格的计划。<i>华尔街日报</i>.</blockquote></p><p> The plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the <i>Journal</i> report.</p><p><blockquote>该计划将允许医疗保险就药品定价进行谈判，并允许卫生与公众服务部测试将药品支付与药品如何使患者受益挂钩<i>杂志</i>报告。</blockquote></p><p> The plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.</p><p><blockquote>该计划出台之际，国会民主党人正在努力制定药品定价立法。两党都支持降低处方药价格的努力，尽管特朗普执政在这个问题上进展甚微。</blockquote></p><p> The S&amp;P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&amp;P 500,&nbsp;which has risen 20.2%. The SPDR S&amp;P Biotech</p><p><blockquote>今年迄今为止，标普500制药指数已上涨 14.9%，落后于标普500的 20.2% 涨幅。SPDR 标准普尔生物技术</blockquote></p><p> exchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.</p><p><blockquote>主要跟踪中小型生物技术行业的交易所交易基金（股票代码：XBI）同期下跌了6%。</blockquote></p><p> Shares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson &amp; Johnson&nbsp;(JNJ) shares declined 0.7%.</p><p><blockquote>周四凌晨，制药公司股价下跌。辉瑞（PFE）股价早盘下跌0.26%，礼来（LLY）股价下跌2.46%，默克（MRK）股价下跌1.17%，强生（JNJ）股价下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f3b476333002ca1b549be932aa2a442\" tg-width=\"275\" tg-height=\"163\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Worries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.</p><p><blockquote>对限制药品价格的担忧长期以来一直困扰着生物技术和制药行业。一些分析师表示，对药品价格立法的新担忧可能是近期生物技术股疲软的驱动因素之一。</blockquote></p><p> According to the <i>Journal</i>, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.</p><p><blockquote>根据<i>杂志</i>制药行业贸易组织 PhRMA 在周三的看涨期权上表示，允许医疗保险就药品定价进行谈判将意味着用于资助新药开发的资金减少。</blockquote></p><p> “The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”</p><p><blockquote>“据追踪该行业的新闻媒体 Fierce Pharma 报道，默克公司董事长 Kenneth Frazier 在看涨期权上说：”我们从国会看到的提案将摧毁这个行业。“虽然像默克这样的大公司会生存下来，但我们做的研究将大大减少。”</blockquote></p><p> Lilly CEO David Ricks also spoke on the call.</p><p><blockquote>礼来公司首席执行官大卫·里克斯也在看涨期权上发表了讲话。</blockquote></p><p> “From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.</p><p><blockquote>“伯恩斯坦分析师罗尼-加尔（Ronny Gal）在周二发布的一份报告中写道：”从制药行业的角度来看，建立价格谈判机制将是一个实质性的负面影响（因为其作用可能会随着时间的推移而扩大）。</blockquote></p><p> In addition to the drug-pricing plan, the <i>New York Times</i> reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.</p><p><blockquote>除药品定价方案外，<i>纽约时报</i>据报道，拜登总统将于周四宣布一项计划，推动企业、学校和联邦政府采取严格的疫苗接种政策。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/white-house-drug-pricing-pharma-stocks-51631195642?mod=mw_latestnews\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","LLY":"礼来","JNJ":"强生"},"source_url":"https://www.marketwatch.com/articles/white-house-drug-pricing-pharma-stocks-51631195642?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176976417","content_text":"The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from The Wall Street Journal.\nThe plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the Journal report.\nThe plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.\nThe S&P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&P 500, which has risen 20.2%. The SPDR S&P Biotech\nexchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.\nShares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson & Johnson (JNJ) shares declined 0.7%.\n\nWorries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.\nAccording to the Journal, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.\n“The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”\nLilly CEO David Ricks also spoke on the call.\n“From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.\nIn addition to the drug-pricing plan, the New York Times reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.","news_type":1,"symbols_score_info":{"JNJ":0.9,"LLY":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880285219,"gmtCreate":1631060094831,"gmtModify":1631883770896,"author":{"id":"3582457483215828","authorId":"3582457483215828","name":"Degenerated","avatar":"https://static.tigerbbs.com/fcad9a3e2865b545e3a1f4ec2cc9917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582457483215828","idStr":"3582457483215828"},"themes":[],"title":"","htmlText":"I wanna buy in. Please drop for 1 more day before raising aggressively.[呆住]&nbsp;[呆住]&nbsp;","listText":"I wanna buy in. Please drop for 1 more day before raising aggressively.[呆住]&nbsp;[呆住]&nbsp;","text":"I wanna buy in. Please drop for 1 more day before raising aggressively.[呆住] [呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880285219","repostId":"1140893024","repostType":4,"repost":{"id":"1140893024","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":1631054373,"share":"https://www.laohunote.com/m/news/1140893024?lang=zh_CN&edition=full","pubTime":"2021-09-08 06:39","market":"us","language":"en","title":"Nio shares fall after $2 billion stock offering announced<blockquote>蔚来宣布发行 20 亿美元股票后股价下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140893024","media":"Tiger Newspress","summary":"NIO shares slipped 3.5% in extended trading after announcing at-the-market offering of American depo","content":"<p>NIO shares slipped 3.5% in extended trading&nbsp;after&nbsp;announcing at-the-market offering of American depositary shares.</p><p><blockquote>蔚来宣布在市场上发行美国存托股票后，股价在盘后交易中下跌 3.5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e0907d5351eb6acc6316886c6ac37011\" tg-width=\"890\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NIO Inc. announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000 of its American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company, through an at-the-market equity offering program (the “At-The-Market Offering”).</p><p><blockquote>蔚来宣布，已提交招股说明书补充文件，拟通过场内股票发售计划（“场内发售”）出售总额不超过 2,000,000,000 美元的美国存托股份（“ADS”），每股代表公司一股 A 类普通股。</blockquote></p><p> The ADSs will be offered through Credit Suisse Securities (USA) LLC, Morgan Stanley &amp; Co. LLC, Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Nomura Securities International, Inc. and Guotai Junan Securities (Hong Kong) Limited as sales agents. Some of the sales agents are expected to make offers and sales both inside and outside the United States through their respective selling agents.</p><p><blockquote>美国存托凭证将通过瑞士信贷证券（美国）有限责任公司、摩根士丹利有限责任公司、高盛（亚洲）有限责任公司、中国国际金融香港证券有限公司、野村证券国际有限公司及国泰君安证券公司（香港）有限公司作为销售代理发售。预计一些销售代理将通过各自的销售代理在美国境内外进行报价和销售。</blockquote></p><p> NIO has entered into an equity distribution agreement with the sales agents relating to the At-The-Market Offering. Sales, if any, of the ADSs under the At-The-Market Offering will be made from time to time, at the Company’s discretion, by means of ordinary broker transactions on or through the New York Stock Exchange (the “NYSE”) or other markets for its ADSs, sales made to or through a market maker other than on an exchange, or otherwise in negotiated transactions, or as otherwise agreed with the sales agents. Sales may be made at market prices prevailing at the time of sale or at negotiated prices. As a result, sales prices may vary.</p><p><blockquote>蔚来已与销售代理就市场发售订立股权分配协议。市场发售项下的美国存托凭证（如有）将由公司自行决定，通过纽约证券交易所（“纽约证券交易所”）或其他市场的普通经纪交易、向交易所以外的做市商或通过交易所以外的做市商进行销售、以协商交易或与销售代理另行约定的方式进行销售。销售可按出售时的市价或议定价格进行。因此，销售价格可能会有所不同。</blockquote></p><p> The Company currently plans to use the net proceeds from the At-The-Market Offering to further strengthen its balance sheet, as well as for general corporate purposes.</p><p><blockquote>该公司目前计划使用市场发行的净收益来进一步加强其资产负债表，以及用于一般企业目的。</blockquote></p><p></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>Nio shares fall after $2 billion stock offering announced<blockquote>蔚来宣布发行 20 亿美元股票后股价下跌</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNio shares fall after $2 billion stock offering announced<blockquote>蔚来宣布发行 20 亿美元股票后股价下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-09-08 06:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>NIO shares slipped 3.5% in extended trading&nbsp;after&nbsp;announcing at-the-market offering of American depositary shares.</p><p><blockquote>蔚来宣布在市场上发行美国存托股票后，股价在盘后交易中下跌 3.5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e0907d5351eb6acc6316886c6ac37011\" tg-width=\"890\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NIO Inc. announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000 of its American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company, through an at-the-market equity offering program (the “At-The-Market Offering”).</p><p><blockquote>蔚来宣布，已提交招股说明书补充文件，拟通过场内股票发售计划（“场内发售”）出售总额不超过 2,000,000,000 美元的美国存托股份（“ADS”），每股代表公司一股 A 类普通股。</blockquote></p><p> The ADSs will be offered through Credit Suisse Securities (USA) LLC, Morgan Stanley &amp; Co. LLC, Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Nomura Securities International, Inc. and Guotai Junan Securities (Hong Kong) Limited as sales agents. Some of the sales agents are expected to make offers and sales both inside and outside the United States through their respective selling agents.</p><p><blockquote>美国存托凭证将通过瑞士信贷证券（美国）有限责任公司、摩根士丹利有限责任公司、高盛（亚洲）有限责任公司、中国国际金融香港证券有限公司、野村证券国际有限公司及国泰君安证券公司（香港）有限公司作为销售代理发售。预计一些销售代理将通过各自的销售代理在美国境内外进行报价和销售。</blockquote></p><p> NIO has entered into an equity distribution agreement with the sales agents relating to the At-The-Market Offering. Sales, if any, of the ADSs under the At-The-Market Offering will be made from time to time, at the Company’s discretion, by means of ordinary broker transactions on or through the New York Stock Exchange (the “NYSE”) or other markets for its ADSs, sales made to or through a market maker other than on an exchange, or otherwise in negotiated transactions, or as otherwise agreed with the sales agents. Sales may be made at market prices prevailing at the time of sale or at negotiated prices. As a result, sales prices may vary.</p><p><blockquote>蔚来已与销售代理就市场发售订立股权分配协议。市场发售项下的美国存托凭证（如有）将由公司自行决定，通过纽约证券交易所（“纽约证券交易所”）或其他市场的普通经纪交易、向交易所以外的做市商或通过交易所以外的做市商进行销售、以协商交易或与销售代理另行约定的方式进行销售。销售可按出售时的市价或议定价格进行。因此，销售价格可能会有所不同。</blockquote></p><p> The Company currently plans to use the net proceeds from the At-The-Market Offering to further strengthen its balance sheet, as well as for general corporate purposes.</p><p><blockquote>该公司目前计划使用市场发行的净收益来进一步加强其资产负债表，以及用于一般企业目的。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140893024","content_text":"NIO shares slipped 3.5% in extended trading after announcing at-the-market offering of American depositary shares.\n\nNIO Inc. announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000 of its American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company, through an at-the-market equity offering program (the “At-The-Market Offering”).\nThe ADSs will be offered through Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Nomura Securities International, Inc. and Guotai Junan Securities (Hong Kong) Limited as sales agents. Some of the sales agents are expected to make offers and sales both inside and outside the United States through their respective selling agents.\nNIO has entered into an equity distribution agreement with the sales agents relating to the At-The-Market Offering. Sales, if any, of the ADSs under the At-The-Market Offering will be made from time to time, at the Company’s discretion, by means of ordinary broker transactions on or through the New York Stock Exchange (the “NYSE”) or other markets for its ADSs, sales made to or through a market maker other than on an exchange, or otherwise in negotiated transactions, or as otherwise agreed with the sales agents. Sales may be made at market prices prevailing at the time of sale or at negotiated prices. As a result, sales prices may vary.\nThe Company currently plans to use the net proceeds from the At-The-Market Offering to further strengthen its balance sheet, as well as for general corporate purposes.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}