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Keirayek
2021-07-26
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Keirayek
2021-06-23
Why not me.... Hahaha
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2021-07-19
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Keirayek
2021-06-27
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Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>
Keirayek
2021-07-24
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2021-07-08
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2021-06-29
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2021-06-28
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","text":"Pls like!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812047986","repostId":"1110092659","repostType":4,"isVote":1,"tweetType":1,"viewCount":1406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810914256,"gmtCreate":1629939187675,"gmtModify":1633681329700,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"好！","listText":"好！","text":"好！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810914256","repostId":"1109644839","repostType":4,"isVote":1,"tweetType":1,"viewCount":1870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808778118,"gmtCreate":1627613489434,"gmtModify":1633757757054,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808778118","repostId":"1130764953","repostType":4,"repost":{"id":"1130764953","kind":"news","pubTimestamp":1627608929,"share":"https://www.laohu8.com/m/news/1130764953?lang=zh_CN&edition=full","pubTime":"2021-07-30 09:35","market":"us","language":"en","title":"Apple Sells $6.5 Billion of Bonds, Adding Cash for Buybacks<blockquote>苹果出售65亿美元债券，为回购增加现金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130764953","media":"Bloomberg","summary":"(Bloomberg) -- Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billi","content":"<p>(Bloomberg) -- Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billion sale in four parts as the tech giant increasingly looks to return cash to shareholders.</p><p><blockquote>（彭博社）——随着科技巨头越来越希望向股东返还现金，苹果公司周四进军美国投资级债券市场，分四部分出售了65亿美元。</blockquote></p><p> The longest portion of the offering, a 40-year security, will yield 0.92 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be identified as the details are private. Initial price discussions were in the 1.15 percentage points range.</p><p><blockquote>据一位知情人士透露，此次发行的最长部分是40年期证券，其收益率将比美国国债高出0.92个百分点。由于细节不公开，该知情人士要求匿名。最初的价格讨论在1.15个百分点范围内。</blockquote></p><p> Proceeds from the sale will be used for general corporate purposes, including share repurchases, dividend payments, funding for capital expenditures and acquisitions. S&P Global Ratings assigned a AA+ rating to the proposed bonds.</p><p><blockquote>出售所得款项将用于一般公司用途，包括股票回购、股息支付、资本支出和收购融资。S&P全球评级公司对拟议债券给予AA+评级。</blockquote></p><p> Apple, the world’s largest company by market capitalization, has been an active bond issuer of late, capitalizing on historically cheap borrowing costs. The iPhone maker sold $14 billion of bonds in February. Until 2020, Apple hadn’t borrowed in the U.S. investment-grade market more than once in a calendar year since 2017. Now, it’s selling bonds for the fourth time since May 2020.</p><p><blockquote>苹果是全球市值最大的公司，最近一直是活跃的债券发行人，利用历史上低廉的借贷成本。这家iPhone制造商在2月份出售了140亿美元的债券。自2017年以来，直到2020年，苹果在美国投资级市场的借款每年都没有超过一次。现在，这是自2020年5月以来第四次出售债券。</blockquote></p><p> Shareholder returns are in focus for Apple, which has been reducing its massive cash pile with hundreds of billions of dollars worth of share buybacks and dividend payments in recent years.</p><p><blockquote>股东回报是苹果关注的焦点，近年来，该公司一直在通过价值数千亿美元的股票回购和股息支付来减少其巨额现金储备。</blockquote></p><p> “As Apple’s debt continues to climb, we anticipate net cash to fall by more than $70 billion over the next few years, after cash had declined by $91 billion since the company initiated a more aggressive shareholder-return policy in 2018,” Bloomberg Intelligence analyst Robert Schiffman wrote Thursday.</p><p><blockquote>彭博资讯分析师Robert表示：“随着苹果债务持续攀升，我们预计未来几年净现金将减少超过700亿美元，自该公司2018年启动更激进的股东回报政策以来，现金已减少910亿美元。”席夫曼周四写道。</blockquote></p><p> In its most recent earnings report, Apple reported profit that nearly doubled and record revenue, boosted by strong iPhone sales. But the world’s most valuable company also warned that the torrid pace may be slowing and that chip shortages will contribute to a lower rate of growth this quarter.</p><p><blockquote>在最近的财报中，苹果报告称，在iPhone强劲销售的推动下，利润几乎翻了一番，营收创历史新高。但这家全球市值最高的公司也警告称，快速增长的步伐可能正在放缓，芯片短缺将导致本季度增长率下降。</blockquote></p><p> Apple continues to make significant investments to support long-term growth. It generated $21 billion of operating cash flow and returned $29 billion to shareholders during the third quarter.</p><p><blockquote>苹果继续进行大量投资以支持长期增长。第三季度，该公司产生了210亿美元的运营现金流，并向股东返还了290亿美元。</blockquote></p><p> The company’s outstanding 30-year bonds issued earlier this year took a hit after the new sale was reported, widening 3 basis points Thursday morning in New York.</p><p><blockquote>该公司今年早些时候发行的未偿30年期债券在新的销售报道后受到打击，周四上午在纽约扩大了3个基点。</blockquote></p><p> Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. managed the sale, the person said.</p><p><blockquote>该人士表示，巴克莱银行、高盛集团和美国银行管理了此次出售。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sells $6.5 Billion of Bonds, Adding Cash for Buybacks<blockquote>苹果出售65亿美元债券，为回购增加现金</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\">\nApple Sells $6.5 Billion of Bonds, Adding Cash for Buybacks<blockquote>苹果出售65亿美元债券，为回购增加现金</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-07-30 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billion sale in four parts as the tech giant increasingly looks to return cash to shareholders.</p><p><blockquote>（彭博社）——随着科技巨头越来越希望向股东返还现金，苹果公司周四进军美国投资级债券市场，分四部分出售了65亿美元。</blockquote></p><p> The longest portion of the offering, a 40-year security, will yield 0.92 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be identified as the details are private. Initial price discussions were in the 1.15 percentage points range.</p><p><blockquote>据一位知情人士透露，此次发行的最长部分是40年期证券，其收益率将比美国国债高出0.92个百分点。由于细节不公开，该知情人士要求匿名。最初的价格讨论在1.15个百分点范围内。</blockquote></p><p> Proceeds from the sale will be used for general corporate purposes, including share repurchases, dividend payments, funding for capital expenditures and acquisitions. S&P Global Ratings assigned a AA+ rating to the proposed bonds.</p><p><blockquote>出售所得款项将用于一般公司用途，包括股票回购、股息支付、资本支出和收购融资。S&P全球评级公司对拟议债券给予AA+评级。</blockquote></p><p> Apple, the world’s largest company by market capitalization, has been an active bond issuer of late, capitalizing on historically cheap borrowing costs. The iPhone maker sold $14 billion of bonds in February. Until 2020, Apple hadn’t borrowed in the U.S. investment-grade market more than once in a calendar year since 2017. Now, it’s selling bonds for the fourth time since May 2020.</p><p><blockquote>苹果是全球市值最大的公司，最近一直是活跃的债券发行人，利用历史上低廉的借贷成本。这家iPhone制造商在2月份出售了140亿美元的债券。自2017年以来，直到2020年，苹果在美国投资级市场的借款每年都没有超过一次。现在，这是自2020年5月以来第四次出售债券。</blockquote></p><p> Shareholder returns are in focus for Apple, which has been reducing its massive cash pile with hundreds of billions of dollars worth of share buybacks and dividend payments in recent years.</p><p><blockquote>股东回报是苹果关注的焦点，近年来，该公司一直在通过价值数千亿美元的股票回购和股息支付来减少其巨额现金储备。</blockquote></p><p> “As Apple’s debt continues to climb, we anticipate net cash to fall by more than $70 billion over the next few years, after cash had declined by $91 billion since the company initiated a more aggressive shareholder-return policy in 2018,” Bloomberg Intelligence analyst Robert Schiffman wrote Thursday.</p><p><blockquote>彭博资讯分析师Robert表示：“随着苹果债务持续攀升，我们预计未来几年净现金将减少超过700亿美元，自该公司2018年启动更激进的股东回报政策以来，现金已减少910亿美元。”席夫曼周四写道。</blockquote></p><p> In its most recent earnings report, Apple reported profit that nearly doubled and record revenue, boosted by strong iPhone sales. But the world’s most valuable company also warned that the torrid pace may be slowing and that chip shortages will contribute to a lower rate of growth this quarter.</p><p><blockquote>在最近的财报中，苹果报告称，在iPhone强劲销售的推动下，利润几乎翻了一番，营收创历史新高。但这家全球市值最高的公司也警告称，快速增长的步伐可能正在放缓，芯片短缺将导致本季度增长率下降。</blockquote></p><p> Apple continues to make significant investments to support long-term growth. It generated $21 billion of operating cash flow and returned $29 billion to shareholders during the third quarter.</p><p><blockquote>苹果继续进行大量投资以支持长期增长。第三季度，该公司产生了210亿美元的运营现金流，并向股东返还了290亿美元。</blockquote></p><p> The company’s outstanding 30-year bonds issued earlier this year took a hit after the new sale was reported, widening 3 basis points Thursday morning in New York.</p><p><blockquote>该公司今年早些时候发行的未偿30年期债券在新的销售报道后受到打击，周四上午在纽约扩大了3个基点。</blockquote></p><p> Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. managed the sale, the person said.</p><p><blockquote>该人士表示，巴克莱银行、高盛集团和美国银行管理了此次出售。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/apple-back-bond-market-shareholder-141041475.html\">Bloomberg</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":{"AAPL":"苹果"},"source_url":"https://finance.yahoo.com/news/apple-back-bond-market-shareholder-141041475.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130764953","content_text":"(Bloomberg) -- Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billion sale in four parts as the tech giant increasingly looks to return cash to shareholders.\nThe longest portion of the offering, a 40-year security, will yield 0.92 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be identified as the details are private. Initial price discussions were in the 1.15 percentage points range.\nProceeds from the sale will be used for general corporate purposes, including share repurchases, dividend payments, funding for capital expenditures and acquisitions. S&P Global Ratings assigned a AA+ rating to the proposed bonds.\nApple, the world’s largest company by market capitalization, has been an active bond issuer of late, capitalizing on historically cheap borrowing costs. The iPhone maker sold $14 billion of bonds in February. Until 2020, Apple hadn’t borrowed in the U.S. investment-grade market more than once in a calendar year since 2017. Now, it’s selling bonds for the fourth time since May 2020.\nShareholder returns are in focus for Apple, which has been reducing its massive cash pile with hundreds of billions of dollars worth of share buybacks and dividend payments in recent years.\n“As Apple’s debt continues to climb, we anticipate net cash to fall by more than $70 billion over the next few years, after cash had declined by $91 billion since the company initiated a more aggressive shareholder-return policy in 2018,” Bloomberg Intelligence analyst Robert Schiffman wrote Thursday.\nIn its most recent earnings report, Apple reported profit that nearly doubled and record revenue, boosted by strong iPhone sales. But the world’s most valuable company also warned that the torrid pace may be slowing and that chip shortages will contribute to a lower rate of growth this quarter.\nApple continues to make significant investments to support long-term growth. It generated $21 billion of operating cash flow and returned $29 billion to shareholders during the third quarter.\nThe company’s outstanding 30-year bonds issued earlier this year took a hit after the new sale was reported, widening 3 basis points Thursday morning in New York.\nBarclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. managed the sale, the person said.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801268913,"gmtCreate":1627519131132,"gmtModify":1633764231011,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go! ","listText":"Go! ","text":"Go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801268913","repostId":"2154721924","repostType":4,"repost":{"id":"2154721924","kind":"highlight","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":1627486574,"share":"https://www.laohu8.com/m/news/2154721924?lang=zh_CN&edition=full","pubTime":"2021-07-28 23:36","market":"us","language":"en","title":"Why AMD's Stock Is Trading Higher Today<blockquote>为什么AMD的股票今天走高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2154721924","media":"Tiger Newspress","summary":"AMD is trading higher Wednesday morning after the company late Tuesday announced better-than-expecte","content":"<p>AMD is trading higher Wednesday morning after the company late Tuesday announced better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.</p><p><blockquote>AMD周二晚间公布了好于预期的第二季度财务业绩，并发布了高于预期的第三季度指引，周三上午该公司股价走高。</blockquote></p><p> AMD reported quarterly earnings of 63 cents per share, which beat the estimate of 54 cents per share. The company reported quarterly revenue of $3.85 billion, which beat the estimate of $3.62 billion. AMD said it expects third-quarter revenue to be in a range of $4 billion to $4.2 billion, which was higher than the estimate of $3.82 billion.</p><p><blockquote>AMD公布季度收益为每股63美分，超出预期的每股54美分。该公司公布季度营收为38.5亿美元，超出预期的36.2亿美元。AMD表示，预计第三季度营收将在40亿至42亿美元之间，高于预期的38.2亿美元。</blockquote></p><p> \"Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” said Lisa Su, president and CEO of AMD.</p><p><blockquote>AMD总裁兼首席执行官Lisa Su表示：“我们的业务在第二季度表现异常出色，收入和营业利润率同比翻了一番，盈利能力同比增长了两倍多。”</blockquote></p><p> <b>Analyst Assessment:</b> Rosenblatt analyst Hans Mosesmann maintained AMD with a Buy rating and raised the price target from $135 to $150.</p><p><blockquote><b>分析员评估：</b>Rosenblatt分析师Hans Mosesmann维持AMD买入评级，并将目标价从135美元上调至150美元。</blockquote></p><p> Susquehanna analyst Christopher Rolland maintained AMD with a Positive rating and raised the price target from $125 to $130.</p><p><blockquote>Susquehanna分析师Christopher Rolland维持AMD正面评级，并将目标价从125美元上调至130美元。</blockquote></p><p> <b>Price Action: </b>AMD has traded as high as $99.23 and as low as $67.02 over a 52-week period.</p><p><blockquote><b>价格走势：</b>AMD在52周内的交易价格最高为99.23美元，最低为67.02美元。</blockquote></p><p> At last check Wednesday, the stock was up 5% at $95.6.</p><p><blockquote>截至周三最后一次检查，该股上涨5%，至95.6美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a0dd3dd7be87bfa480b05a3c26ee3f62\" tg-width=\"840\" tg-height=\"470\" 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>Why AMD's Stock Is Trading Higher Today<blockquote>为什么AMD的股票今天走高</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\">\nWhy AMD's Stock Is Trading Higher Today<blockquote>为什么AMD的股票今天走高</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\">2021-07-28 23:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>AMD is trading higher Wednesday morning after the company late Tuesday announced better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.</p><p><blockquote>AMD周二晚间公布了好于预期的第二季度财务业绩，并发布了高于预期的第三季度指引，周三上午该公司股价走高。</blockquote></p><p> AMD reported quarterly earnings of 63 cents per share, which beat the estimate of 54 cents per share. The company reported quarterly revenue of $3.85 billion, which beat the estimate of $3.62 billion. AMD said it expects third-quarter revenue to be in a range of $4 billion to $4.2 billion, which was higher than the estimate of $3.82 billion.</p><p><blockquote>AMD公布季度收益为每股63美分，超出预期的每股54美分。该公司公布季度营收为38.5亿美元，超出预期的36.2亿美元。AMD表示，预计第三季度营收将在40亿至42亿美元之间，高于预期的38.2亿美元。</blockquote></p><p> \"Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” said Lisa Su, president and CEO of AMD.</p><p><blockquote>AMD总裁兼首席执行官Lisa Su表示：“我们的业务在第二季度表现异常出色，收入和营业利润率同比翻了一番，盈利能力同比增长了两倍多。”</blockquote></p><p> <b>Analyst Assessment:</b> Rosenblatt analyst Hans Mosesmann maintained AMD with a Buy rating and raised the price target from $135 to $150.</p><p><blockquote><b>分析员评估：</b>Rosenblatt分析师Hans Mosesmann维持AMD买入评级，并将目标价从135美元上调至150美元。</blockquote></p><p> Susquehanna analyst Christopher Rolland maintained AMD with a Positive rating and raised the price target from $125 to $130.</p><p><blockquote>Susquehanna分析师Christopher Rolland维持AMD正面评级，并将目标价从125美元上调至130美元。</blockquote></p><p> <b>Price Action: </b>AMD has traded as high as $99.23 and as low as $67.02 over a 52-week period.</p><p><blockquote><b>价格走势：</b>AMD在52周内的交易价格最高为99.23美元，最低为67.02美元。</blockquote></p><p> At last check Wednesday, the stock was up 5% at $95.6.</p><p><blockquote>截至周三最后一次检查，该股上涨5%，至95.6美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a0dd3dd7be87bfa480b05a3c26ee3f62\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154721924","content_text":"AMD is trading higher Wednesday morning after the company late Tuesday announced better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.\nAMD reported quarterly earnings of 63 cents per share, which beat the estimate of 54 cents per share. The company reported quarterly revenue of $3.85 billion, which beat the estimate of $3.62 billion. AMD said it expects third-quarter revenue to be in a range of $4 billion to $4.2 billion, which was higher than the estimate of $3.82 billion.\n\"Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” said Lisa Su, president and CEO of AMD.\nAnalyst Assessment: Rosenblatt analyst Hans Mosesmann maintained AMD with a Buy rating and raised the price target from $135 to $150.\nSusquehanna analyst Christopher Rolland maintained AMD with a Positive rating and raised the price target from $125 to $130.\nPrice Action: AMD has traded as high as $99.23 and as low as $67.02 over a 52-week period.\nAt last check Wednesday, the stock was up 5% at $95.6.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803682136,"gmtCreate":1627436248825,"gmtModify":1633765011480,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go!! ","listText":"Go go!! ","text":"Go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803682136","repostId":"1130824999","repostType":4,"isVote":1,"tweetType":1,"viewCount":2458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177787679,"gmtCreate":1627262114891,"gmtModify":1633766787257,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go! ","listText":"Go go! ","text":"Go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/177787679","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174265407,"gmtCreate":1627102636309,"gmtModify":1633767925247,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok. ","listText":"Ok. ","text":"Ok.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174265407","repostId":"1109439356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175916642,"gmtCreate":1627002265786,"gmtModify":1633768914925,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175916642","repostId":"2153760350","repostType":4,"isVote":1,"tweetType":1,"viewCount":2202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173509822,"gmtCreate":1626666519666,"gmtModify":1633925086741,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go!! ","listText":"Go go!! ","text":"Go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173509822","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":1740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144489455,"gmtCreate":1626310126877,"gmtModify":1633928034847,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok. ","listText":"Ok. ","text":"Ok.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144489455","repostId":"1183889763","repostType":4,"isVote":1,"tweetType":1,"viewCount":2746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145289413,"gmtCreate":1626225449032,"gmtModify":1633928877755,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok. ","listText":"Ok. ","text":"Ok.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145289413","repostId":"1195135785","repostType":4,"repost":{"id":"1195135785","kind":"news","pubTimestamp":1626224003,"share":"https://www.laohu8.com/m/news/1195135785?lang=zh_CN&edition=full","pubTime":"2021-07-14 08:53","market":"us","language":"en","title":"Lumen Is Said to Be in Talks to Sell $5B of Assets to Apollo Global<blockquote>据称Lumen正在洽谈向Apollo Global出售50亿美元资产</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195135785","media":"The Street","summary":"Lumen, the communications-infrastructure company, is in talks to sell some of its assets to PE firm ","content":"<p> Lumen, the communications-infrastructure company, is in talks to sell some of its assets to PE firm Apollo Global, a media report says. Lumen Technologies (<b>LUMN</b>) -Get Reportshares rose Tuesday after a report said the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management (<b>APO</b>) -Get Report.</p><p><blockquote>据媒体报道，通信基础设施公司Lumen正在洽谈将其部分资产出售给私募股权公司Apollo Global。流明技术（<b>LUMN</b>)-获取报告周二股价上涨，此前有报道称这家通信基础设施公司正在就向私募股权巨头阿波罗全球管理公司出售部分资产进行谈判（<b>APO</b>)-获取报告。</blockquote></p><p> Knowledgeable sources provided the information to Bloomberg.</p><p><blockquote>知情人士向彭博社提供了这一信息。</blockquote></p><p> Lumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be valued at more than $5 billion, the sources said.</p><p><blockquote>消息人士称，Lumen与这家纽约公司的交易将涉及Lumen在美国一些州的消费者业务，估值将超过50亿美元。</blockquote></p><p> If a deal happens, it could be completed in coming weeks, some of the sources said.</p><p><blockquote>一些消息人士称，如果达成交易，可能会在未来几周内完成。</blockquote></p><p> An Apollo spokeswoman declined to comment to Bloomberg, and Lumen, Monroe, La., didn’t immediately respond to a request for comment.</p><p><blockquote>阿波罗发言人拒绝对彭博和路易斯安那州门罗市的卢蒙置评。，没有立即回应置评请求。</blockquote></p><p> Lumen recently traded at $13.85, up 3%. The stock has jumped 29% in the past six months.</p><p><blockquote>Lumen近期交易价格为13.85美元，上涨3%。该股在过去六个月内上涨了29%。</blockquote></p><p> Apollo recently traded at $59.04, down 3.7%. It has climbed 25% in the past six months, a bountiful period for private equity.</p><p><blockquote>Apollo近期交易价格为59.04美元，下跌3.7%。过去六个月上涨了25%，这对私募股权来说是一个繁荣时期。</blockquote></p><p> In other communications news Tuesday,Nokia (<b>NOK</b>) -Get Report shares rose after the storied Finnish telecommunications company raised its earnings estimates.</p><p><blockquote>在周二的其他通讯新闻中，诺基亚(<b>挪威克朗</b>)-在这家传奇的芬兰电信公司上调盈利预期后，Get Report股价上涨。</blockquote></p><p> “In the second quarter Nokia saw continued strength in the business, improving its expectations for the full year,” the company said. “Nokia now expects to revise upward its prior outlook ranges for 2021.”</p><p><blockquote>该公司表示：“第二季度诺基亚业务持续强劲，提高了对全年的预期。”“诺基亚现在预计将上调之前的2021年展望范围。”</blockquote></p><p> The company on July 29 plans to provide full details of its revised fully-ear 2021 guidance, along with second-quarter earnings.</p><p><blockquote>该公司计划于7月29日提供修订后的2021年全年指引的全部细节以及第二季度收益。</blockquote></p><p> The previous forecast for 2021 included net sales, adjusted for currency fluctuations of 20.6 billion euros (US$24.3 billion) to 21.8 billion euros (US$25.7 billion); comparable operating margin of 7% to 10%; positive free cash flow; and comparable return on invested capital of 10% to 15%.</p><p><blockquote>此前对2021年的预测包括净销售额，经汇率波动调整后为206亿欧元（243亿美元）至218亿欧元（257亿美元）；可比营业利润率为7%至10%；正自由现金流；可比投资资本回报率为10%至15%。</blockquote></p><p> Nokia recently traded at $5.88, up 9.5%.</p><p><blockquote>诺基亚近期交易价格为5.88美元，上涨9.5%。</blockquote></p><p></p>","source":"lsy1610613172068","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>Lumen Is Said to Be in Talks to Sell $5B of Assets to Apollo Global<blockquote>据称Lumen正在洽谈向Apollo Global出售50亿美元资产</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\">\nLumen Is Said to Be in Talks to Sell $5B of Assets to Apollo Global<blockquote>据称Lumen正在洽谈向Apollo Global出售50亿美元资产</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-14 08:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Lumen, the communications-infrastructure company, is in talks to sell some of its assets to PE firm Apollo Global, a media report says. Lumen Technologies (<b>LUMN</b>) -Get Reportshares rose Tuesday after a report said the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management (<b>APO</b>) -Get Report.</p><p><blockquote>据媒体报道，通信基础设施公司Lumen正在洽谈将其部分资产出售给私募股权公司Apollo Global。流明技术（<b>LUMN</b>)-获取报告周二股价上涨，此前有报道称这家通信基础设施公司正在就向私募股权巨头阿波罗全球管理公司出售部分资产进行谈判（<b>APO</b>)-获取报告。</blockquote></p><p> Knowledgeable sources provided the information to Bloomberg.</p><p><blockquote>知情人士向彭博社提供了这一信息。</blockquote></p><p> Lumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be valued at more than $5 billion, the sources said.</p><p><blockquote>消息人士称，Lumen与这家纽约公司的交易将涉及Lumen在美国一些州的消费者业务，估值将超过50亿美元。</blockquote></p><p> If a deal happens, it could be completed in coming weeks, some of the sources said.</p><p><blockquote>一些消息人士称，如果达成交易，可能会在未来几周内完成。</blockquote></p><p> An Apollo spokeswoman declined to comment to Bloomberg, and Lumen, Monroe, La., didn’t immediately respond to a request for comment.</p><p><blockquote>阿波罗发言人拒绝对彭博和路易斯安那州门罗市的卢蒙置评。，没有立即回应置评请求。</blockquote></p><p> Lumen recently traded at $13.85, up 3%. The stock has jumped 29% in the past six months.</p><p><blockquote>Lumen近期交易价格为13.85美元，上涨3%。该股在过去六个月内上涨了29%。</blockquote></p><p> Apollo recently traded at $59.04, down 3.7%. It has climbed 25% in the past six months, a bountiful period for private equity.</p><p><blockquote>Apollo近期交易价格为59.04美元，下跌3.7%。过去六个月上涨了25%，这对私募股权来说是一个繁荣时期。</blockquote></p><p> In other communications news Tuesday,Nokia (<b>NOK</b>) -Get Report shares rose after the storied Finnish telecommunications company raised its earnings estimates.</p><p><blockquote>在周二的其他通讯新闻中，诺基亚(<b>挪威克朗</b>)-在这家传奇的芬兰电信公司上调盈利预期后，Get Report股价上涨。</blockquote></p><p> “In the second quarter Nokia saw continued strength in the business, improving its expectations for the full year,” the company said. “Nokia now expects to revise upward its prior outlook ranges for 2021.”</p><p><blockquote>该公司表示：“第二季度诺基亚业务持续强劲，提高了对全年的预期。”“诺基亚现在预计将上调之前的2021年展望范围。”</blockquote></p><p> The company on July 29 plans to provide full details of its revised fully-ear 2021 guidance, along with second-quarter earnings.</p><p><blockquote>该公司计划于7月29日提供修订后的2021年全年指引的全部细节以及第二季度收益。</blockquote></p><p> The previous forecast for 2021 included net sales, adjusted for currency fluctuations of 20.6 billion euros (US$24.3 billion) to 21.8 billion euros (US$25.7 billion); comparable operating margin of 7% to 10%; positive free cash flow; and comparable return on invested capital of 10% to 15%.</p><p><blockquote>此前对2021年的预测包括净销售额，经汇率波动调整后为206亿欧元（243亿美元）至218亿欧元（257亿美元）；可比营业利润率为7%至10%；正自由现金流；可比投资资本回报率为10%至15%。</blockquote></p><p> Nokia recently traded at $5.88, up 9.5%.</p><p><blockquote>诺基亚近期交易价格为5.88美元，上涨9.5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/lumen-in-talks-to-sell-5-billion-assets-to-apollo-global\">The Street</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":{"LUMN":"Lumen Technologies","APO":"阿波罗全球管理"},"source_url":"https://www.thestreet.com/investing/lumen-in-talks-to-sell-5-billion-assets-to-apollo-global","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195135785","content_text":"Lumen, the communications-infrastructure company, is in talks to sell some of its assets to PE firm Apollo Global, a media report says.\n\nLumen Technologies (LUMN) -Get Reportshares rose Tuesday after a report said the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management (APO) -Get Report.\nKnowledgeable sources provided the information to Bloomberg.\nLumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be valued at more than $5 billion, the sources said.\nIf a deal happens, it could be completed in coming weeks, some of the sources said.\nAn Apollo spokeswoman declined to comment to Bloomberg, and Lumen, Monroe, La., didn’t immediately respond to a request for comment.\nLumen recently traded at $13.85, up 3%. The stock has jumped 29% in the past six months.\nApollo recently traded at $59.04, down 3.7%. It has climbed 25% in the past six months, a bountiful period for private equity.\nIn other communications news Tuesday,Nokia (NOK) -Get Report shares rose after the storied Finnish telecommunications company raised its earnings estimates.\n“In the second quarter Nokia saw continued strength in the business, improving its expectations for the full year,” the company said. “Nokia now expects to revise upward its prior outlook ranges for 2021.”\nThe company on July 29 plans to provide full details of its revised fully-ear 2021 guidance, along with second-quarter earnings.\nThe previous forecast for 2021 included net sales, adjusted for currency fluctuations of 20.6 billion euros (US$24.3 billion) to 21.8 billion euros (US$25.7 billion); comparable operating margin of 7% to 10%; positive free cash flow; and comparable return on invested capital of 10% to 15%.\nNokia recently traded at $5.88, up 9.5%.","news_type":1,"symbols_score_info":{"LUMN":0.9,"APO":0.9}},"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146325629,"gmtCreate":1626055009161,"gmtModify":1633930600108,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go go!! 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","text":"So good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143672450","repostId":"1137658325","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149628402,"gmtCreate":1625723864906,"gmtModify":1633937985524,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Buy!! ","listText":"Buy!! 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","listText":"Go go go!! ","text":"Go go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151541121","repostId":"2148177548","repostType":4,"repost":{"id":"2148177548","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1625099760,"share":"https://www.laohu8.com/m/news/2148177548?lang=zh_CN&edition=full","pubTime":"2021-07-01 08:36","market":"us","language":"en","title":"Nio Stock Rides Meme Rally Ahead Of Q2 Sales Report<blockquote>蔚来股价在第二季度销售报告发布前上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2148177548","media":"Investors","summary":"Nio, Xpeng Motors and Li Auto will report June and Q2 deliveries amid the global chip shortage.","content":"<p><b>Nio</b> and <b>Xpeng Motors</b> gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to <b>Tesla</b> with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.</p><p><blockquote><b>蔚来</b>和<b>小鹏汽车</b>在全球芯片短缺的情况下，中国电动汽车初创公司加大了挑战力度，准备报告6月和第二季度的交付量<b>特斯拉</b>随着新的电动汽车发布和举措。蔚来股价因迷因而上涨——股票重新受到关注。</blockquote></p><p> Sales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.</p><p><blockquote>蔚来高端电动SUV销量继4月份增长一倍多后，5月份同比增长近一倍。这家特斯拉在华新兴竞争对手必须在6月份交付7,187辆电动SUV，才能达到第二季度交付21,000-22,000辆电动汽车的低端目标。</blockquote></p><p> Year over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.</p><p><blockquote>与去年同期相比，小鹏汽车G3电动SUV和P7电动轿车的交付量在4月份增长了285%，在5月份飙升了483%。它尚未给出第二季度的交付目标。</blockquote></p><p> Investors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.</p><p><blockquote>投资者还将关注蔚来在5月份销售额较4月份下降后是否恢复环比增长。与4月份相比，上个月特斯拉在中国的增长也大幅放缓。</blockquote></p><p> Unlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.</p><p><blockquote>与蔚来和特斯拉不同，小鹏汽车5月份销量同比和环比均有所增长。它提到了对电动汽车的强劲需求，电动汽车拥有自动变道等功能。</blockquote></p><p> <b>Li Auto</b> also will report June and Q2 sales.</p><p><blockquote><b>理想汽车</b>还将报告6月份和第二季度的销售额。</blockquote></p><p> <h2>New EVs Will Follow Key Moves This Week</h2> On Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.</p><p><blockquote><h2>新电动汽车本周将采取关键举措</h2>周三，蔚来股票是Reddit上r/WallStreetBets讨论中被提及最多的股票。今年早些时候，由于类似的网上热议，股价飙升。</blockquote></p><p> Meanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.</p><p><blockquote>与此同时，蔚来和小鹏汽车都在向市场推出新的、更实惠的电动汽车，希望动摇特斯拉在华的主导地位。他们也在其他方面加速发展。</blockquote></p><p> On July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.</p><p><blockquote>7月9日，蔚来将举办蔚来电力日活动。本周早些时候，该公司宣布了该活动，重点关注电动汽车电池和充电。周三，在美国上市的小鹏汽车表示，在香港双重上市筹集了相当于18亿美元的资金，定价为每股美国存托凭证42.52美元。股票将于7月7日在香港开始交易。</blockquote></p><p> On Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.</p><p><blockquote>周三，当地报道称，蔚来在其在华充电网络中增加了11个电池交换站，使其网络总数达到300个。蔚来本周大幅加快了新增步伐，目标是到2021年底在华建设500座换电站。</blockquote></p><p> Also on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.</p><p><blockquote>同样在周三，有报道称，随着一款重要的新型电动汽车的出现，蔚来在其工厂增加了110多台机器人。</blockquote></p><p> <h2>Nio Stock, Xpeng Motors Stock</h2> Shares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.</p><p><blockquote><h2>蔚来股票,小鹏汽车股票</h2>蔚来股价今天在股市上上涨近5%，至52.82点，本周迄今因Power Day消息上涨约17%。尽管最近有所上涨，但蔚来股价仍比52周高点低23%。小鹏汽车股价下跌1.9%，至43.49点，理想汽车上涨1.8%，特斯拉上涨1.2%。</blockquote></p><p> Xpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.</p><p><blockquote>该公司表示，小鹏汽车的新款电动轿车P5将于年底上市，将成为世界上第一款采用激光雷达技术的电动汽车，实现高度自动驾驶功能。它也可能是当前P7轿车的更小、更实惠的版本。</blockquote></p><p> Meanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.</p><p><blockquote>与此同时，蔚来第四款电动汽车和首款轿车ET7将于2021年第一季度上市。预计它的成本低于特斯拉新款Model S Plaid。</blockquote></p><p> Tesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.</p><p><blockquote>在中国高端电动汽车市场占据主导地位的特斯拉将于本周晚些时候公布第二季度交付量。据报道，由于中国需求的改善，该公司可以交付约20万辆汽车。</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 Stock Rides Meme Rally Ahead Of Q2 Sales Report<blockquote>蔚来股价在第二季度销售报告发布前上涨</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 Stock Rides Meme Rally Ahead Of Q2 Sales Report<blockquote>蔚来股价在第二季度销售报告发布前上涨</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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-07-01 08:36</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Nio</b> and <b>Xpeng Motors</b> gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to <b>Tesla</b> with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.</p><p><blockquote><b>蔚来</b>和<b>小鹏汽车</b>在全球芯片短缺的情况下，中国电动汽车初创公司加大了挑战力度，准备报告6月和第二季度的交付量<b>特斯拉</b>随着新的电动汽车发布和举措。蔚来股价因迷因而上涨——股票重新受到关注。</blockquote></p><p> Sales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.</p><p><blockquote>蔚来高端电动SUV销量继4月份增长一倍多后，5月份同比增长近一倍。这家特斯拉在华新兴竞争对手必须在6月份交付7,187辆电动SUV，才能达到第二季度交付21,000-22,000辆电动汽车的低端目标。</blockquote></p><p> Year over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.</p><p><blockquote>与去年同期相比，小鹏汽车G3电动SUV和P7电动轿车的交付量在4月份增长了285%，在5月份飙升了483%。它尚未给出第二季度的交付目标。</blockquote></p><p> Investors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.</p><p><blockquote>投资者还将关注蔚来在5月份销售额较4月份下降后是否恢复环比增长。与4月份相比，上个月特斯拉在中国的增长也大幅放缓。</blockquote></p><p> Unlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.</p><p><blockquote>与蔚来和特斯拉不同，小鹏汽车5月份销量同比和环比均有所增长。它提到了对电动汽车的强劲需求，电动汽车拥有自动变道等功能。</blockquote></p><p> <b>Li Auto</b> also will report June and Q2 sales.</p><p><blockquote><b>理想汽车</b>还将报告6月份和第二季度的销售额。</blockquote></p><p> <h2>New EVs Will Follow Key Moves This Week</h2> On Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.</p><p><blockquote><h2>新电动汽车本周将采取关键举措</h2>周三，蔚来股票是Reddit上r/WallStreetBets讨论中被提及最多的股票。今年早些时候，由于类似的网上热议，股价飙升。</blockquote></p><p> Meanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.</p><p><blockquote>与此同时，蔚来和小鹏汽车都在向市场推出新的、更实惠的电动汽车，希望动摇特斯拉在华的主导地位。他们也在其他方面加速发展。</blockquote></p><p> On July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.</p><p><blockquote>7月9日，蔚来将举办蔚来电力日活动。本周早些时候，该公司宣布了该活动，重点关注电动汽车电池和充电。周三，在美国上市的小鹏汽车表示，在香港双重上市筹集了相当于18亿美元的资金，定价为每股美国存托凭证42.52美元。股票将于7月7日在香港开始交易。</blockquote></p><p> On Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.</p><p><blockquote>周三，当地报道称，蔚来在其在华充电网络中增加了11个电池交换站，使其网络总数达到300个。蔚来本周大幅加快了新增步伐，目标是到2021年底在华建设500座换电站。</blockquote></p><p> Also on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.</p><p><blockquote>同样在周三，有报道称，随着一款重要的新型电动汽车的出现，蔚来在其工厂增加了110多台机器人。</blockquote></p><p> <h2>Nio Stock, Xpeng Motors Stock</h2> Shares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.</p><p><blockquote><h2>蔚来股票,小鹏汽车股票</h2>蔚来股价今天在股市上上涨近5%，至52.82点，本周迄今因Power Day消息上涨约17%。尽管最近有所上涨，但蔚来股价仍比52周高点低23%。小鹏汽车股价下跌1.9%，至43.49点，理想汽车上涨1.8%，特斯拉上涨1.2%。</blockquote></p><p> Xpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.</p><p><blockquote>该公司表示，小鹏汽车的新款电动轿车P5将于年底上市，将成为世界上第一款采用激光雷达技术的电动汽车，实现高度自动驾驶功能。它也可能是当前P7轿车的更小、更实惠的版本。</blockquote></p><p> Meanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.</p><p><blockquote>与此同时，蔚来第四款电动汽车和首款轿车ET7将于2021年第一季度上市。预计它的成本低于特斯拉新款Model S Plaid。</blockquote></p><p> Tesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.</p><p><blockquote>在中国高端电动汽车市场占据主导地位的特斯拉将于本周晚些时候公布第二季度交付量。据报道，由于中国需求的改善，该公司可以交付约20万辆汽车。</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":"2148177548","content_text":"Nio and Xpeng Motors gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to Tesla with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.\nSales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.\nYear over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.\nInvestors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.\nUnlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.\nLi Auto also will report June and Q2 sales.\nNew EVs Will Follow Key Moves This Week\nOn Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.\nMeanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.\nOn July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.\nOn Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.\nAlso on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.\nNio Stock, Xpeng Motors Stock\nShares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.\nXpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.\nMeanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.\nTesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":177787679,"gmtCreate":1627262114891,"gmtModify":1633766787257,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go! ","listText":"Go go! ","text":"Go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/177787679","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123370924,"gmtCreate":1624410556968,"gmtModify":1634006551925,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Why not me.... Hahaha","listText":"Why not me.... Hahaha","text":"Why not me.... Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/123370924","repostId":"1139503540","repostType":4,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173509822,"gmtCreate":1626666519666,"gmtModify":1633925086741,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Go go!! ","listText":"Go go!! ","text":"Go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173509822","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":1740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124609448,"gmtCreate":1624760526084,"gmtModify":1633948984748,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Buy ","listText":"Buy ","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124609448","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford launching a major offensive in the market for electric vehicles, Chinese EV maker NIO will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>I am comparing Ford against NIO in different categories.</li> <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li> <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于其电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</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>I am comparing Ford against NIO in different categories.</li> <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li> <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于其电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</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":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174265407,"gmtCreate":1627102636309,"gmtModify":1633767925247,"author":{"id":"3582622849811404","authorId":"3582622849811404","name":"Keirayek","avatar":"https://static.tigerbbs.com/94fcf0154193c825207c91576da30766","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582622849811404","idStr":"3582622849811404"},"themes":[],"htmlText":"Ok. ","listText":"Ok. 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