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chunyangtoh
chunyangtoh
·
2021-03-30
Ok
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chunyangtoh
chunyangtoh
·
2021-03-10
JJ
GameStop stock is flying again<blockquote>游戏驿站股价再次飙升</blockquote>
Video game retailer Gamestop(GME) was set to gain for the fifth consecutive session, up 22% to $237,
GameStop stock is flying again<blockquote>游戏驿站股价再次飙升</blockquote>
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chunyangtoh
chunyangtoh
·
2021-02-28
Ok
Why QuantumScape Stock Rose Then Fell Thursday<blockquote>为什么 QuantumScape 股价周四先涨后跌</blockquote>
The CEO of the solid-state EV battery maker that has garnered much investor interest gave an intervi
Why QuantumScape Stock Rose Then Fell Thursday<blockquote>为什么 QuantumScape 股价周四先涨后跌</blockquote>
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chunyangtoh
chunyangtoh
·
2021-02-27
Wow
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chunyangtoh
chunyangtoh
·
2021-02-27
Ok
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chunyangtoh
chunyangtoh
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2021-02-27
Ok
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chunyangtoh
chunyangtoh
·
2021-02-16
Ok
The stock market rightly sees an economic rebound — but is overlooking these worrisome details<blockquote>股市正确地看到了经济反弹，但忽略了这些令人担忧的细节</blockquote>
Watch this measure of the long-term unemployed The hottest question in Washington these days is how
The stock market rightly sees an economic rebound — but is overlooking these worrisome details<blockquote>股市正确地看到了经济反弹，但忽略了这些令人担忧的细节</blockquote>
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chunyangtoh
chunyangtoh
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2021-02-16
Ok
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chunyangtoh
chunyangtoh
·
2021-02-11
Ok
A New Hydrogen-Technology Stock Will Challenge Nikola<blockquote>一只新的氢技术股票将挑战尼古拉</blockquote>
As far as the fuels that power the future of transportation, investors have become convinced diesel
A New Hydrogen-Technology Stock Will Challenge Nikola<blockquote>一只新的氢技术股票将挑战尼古拉</blockquote>
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chunyangtoh
chunyangtoh
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2021-02-11
O
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop stock is flying again<blockquote>游戏驿站股价再次飙升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-09 23:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Video game retailer Gamestop(GME) was set to gain for the fifth consecutive session, up 22% to $237, building on Monday’s 41.2% gain after the company said it had tapped shareholder Ryan Cohen to lead a shift towards e-commerce.</p><p><blockquote>视频游戏零售商游戏驿站（GME）股价将连续第五个交易日上涨，上涨 22%，至 237 美元，此前该公司表示已聘请股东 Ryan Cohen 领导向电子商务的转变。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9e74edca0adeb6e961b298ea7882ad42\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153833165","content_text":"Video game retailer Gamestop(GME) was set to gain for the fifth consecutive session, up 22% to $237, building on Monday’s 41.2% gain after the company said it had tapped shareholder Ryan Cohen to lead a shift towards e-commerce.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366524159,"gmtCreate":1614518436971,"gmtModify":1703477977626,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366524159","repostId":"1103930774","repostType":4,"repost":{"id":"1103930774","kind":"news","pubTimestamp":1614334872,"share":"https://www.laohunote.com/m/news/1103930774?lang=zh_CN&edition=full","pubTime":"2021-02-26 18:21","market":"us","language":"en","title":"Why QuantumScape Stock Rose Then Fell Thursday<blockquote>为什么 QuantumScape 股价周四先涨后跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103930774","media":"Motley Fool ","summary":"The CEO of the solid-state EV battery maker that has garnered much investor interest gave an intervi","content":"<p>The CEO of the solid-state EV battery maker that has garnered much investor interest gave an interview today.</p><p><blockquote>这家备受投资者关注的固态电动汽车电池制造商的首席执行官今天接受了采访。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p> The stock of aspiring solid-state battery technology company <b>QuantumScape</b> (NYSE:QS) has certainly seen ups and downs. Movement in the stock today mirrored that pattern. After an early 10% jump, shares closed more than 3% lower on Thursday.</p><p><blockquote>雄心勃勃的固态电池技术公司股票<b>量子景观</b>（纽约证券交易所股票代码：QS）当然经历了起起落落。今天该股的走势反映了这种模式。在早盘上涨 10% 后，该股周四收盘下跌超过 3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Shares of the company are down more than 30% year to date after a triple-digit spike in late 2020. The company tends to trade with the electric-vehicle (EV) sector as a speculative stock hoping to revolutionize EV battery technology.</p><p><blockquote>继 2020 年底出现三位数飙升后，该公司股价今年迄今已下跌超过 30%。该公司倾向于将电动汽车 (EV) 行业作为投机性股票进行交易，希望彻底改变电动汽车电池技术。</blockquote></p><p> Today, QuantumScape CEO Jagdeep Singh gave an interview to Yahoo! Finance, which may have contributed to the stock's volatile trading.</p><p><blockquote>今天，QuantumScape首席执行官Jagdeep Singh接受了雅虎的采访!财务，这可能导致了该股的波动。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> During today's interview, Singh reiterated some positive developments the company shared with investors last week in its earnings release. The company is working toward commercializing the solid-state battery technology that could provide EV makers with a safer, faster-charging battery that can also deliver longer ranges.</p><p><blockquote>在今天的采访中，辛格重申了该公司上周在财报发布中与投资者分享的一些积极进展。该公司正在努力将固态电池技术商业化，该技术可以为电动汽车制造商提供更安全、充电更快、续航里程更长的电池。</blockquote></p><p> The company reported it has successfully built its first multilayer battery cell with four layers. This helps confirm the technology is feasible. Singh added that he plans to scale up the technology to have an eight to 10-layer cell by the end of this year. That would allow the company to deliver sample cells to automotive manufacturers.</p><p><blockquote>该公司报告称，它已经成功制造了第一个具有四层的多层电池。这有助于确认该技术是可行的。辛格补充说，他计划在今年年底前扩大该技术的规模，拥有8到10层电池。这将使该公司能够向汽车制造商提供样品电池。</blockquote></p><p> Singh also said there is interest from other sectors for the technology. \"Things like stationary storage for the grid, that's a really important application for batteries,\" Singh stated in the interview.</p><p><blockquote>辛格还表示，其他行业也对这项技术感兴趣。“像电网的固定存储这样的东西，对于电池来说是一个非常重要的应用，”辛格在采访中表示。</blockquote></p><p> Successful commercial production is far from guaranteed, however. Any investment should be squarely in a speculative portion of a portfolio. And investors should expect ups and downs for both the business developments and the stock, as was seen with today's jump and drop.</p><p><blockquote>然而，成功的商业生产还远未得到保证。任何投资都应该完全属于投资组合的投机部分。投资者应该预料到业务发展和股票都会有起伏，正如今天的涨跌所看到的那样。</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 QuantumScape Stock Rose Then Fell Thursday<blockquote>为什么 QuantumScape 股价周四先涨后跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy QuantumScape Stock Rose Then Fell Thursday<blockquote>为什么 QuantumScape 股价周四先涨后跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool </strong><span class=\"h-time small\">2021-02-26 18:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The CEO of the solid-state EV battery maker that has garnered much investor interest gave an interview today.</p><p><blockquote>这家备受投资者关注的固态电动汽车电池制造商的首席执行官今天接受了采访。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p> The stock of aspiring solid-state battery technology company <b>QuantumScape</b> (NYSE:QS) has certainly seen ups and downs. Movement in the stock today mirrored that pattern. After an early 10% jump, shares closed more than 3% lower on Thursday.</p><p><blockquote>雄心勃勃的固态电池技术公司股票<b>量子景观</b>（纽约证券交易所股票代码：QS）当然经历了起起落落。今天该股的走势反映了这种模式。在早盘上涨 10% 后，该股周四收盘下跌超过 3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Shares of the company are down more than 30% year to date after a triple-digit spike in late 2020. The company tends to trade with the electric-vehicle (EV) sector as a speculative stock hoping to revolutionize EV battery technology.</p><p><blockquote>继 2020 年底出现三位数飙升后，该公司股价今年迄今已下跌超过 30%。该公司倾向于将电动汽车 (EV) 行业作为投机性股票进行交易，希望彻底改变电动汽车电池技术。</blockquote></p><p> Today, QuantumScape CEO Jagdeep Singh gave an interview to Yahoo! Finance, which may have contributed to the stock's volatile trading.</p><p><blockquote>今天，QuantumScape首席执行官Jagdeep Singh接受了雅虎的采访!财务，这可能导致了该股的波动。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> During today's interview, Singh reiterated some positive developments the company shared with investors last week in its earnings release. The company is working toward commercializing the solid-state battery technology that could provide EV makers with a safer, faster-charging battery that can also deliver longer ranges.</p><p><blockquote>在今天的采访中，辛格重申了该公司上周在财报发布中与投资者分享的一些积极进展。该公司正在努力将固态电池技术商业化，该技术可以为电动汽车制造商提供更安全、充电更快、续航里程更长的电池。</blockquote></p><p> The company reported it has successfully built its first multilayer battery cell with four layers. This helps confirm the technology is feasible. Singh added that he plans to scale up the technology to have an eight to 10-layer cell by the end of this year. That would allow the company to deliver sample cells to automotive manufacturers.</p><p><blockquote>该公司报告称，它已经成功制造了第一个具有四层的多层电池。这有助于确认该技术是可行的。辛格补充说，他计划在今年年底前扩大该技术的规模，拥有8到10层电池。这将使该公司能够向汽车制造商提供样品电池。</blockquote></p><p> Singh also said there is interest from other sectors for the technology. \"Things like stationary storage for the grid, that's a really important application for batteries,\" Singh stated in the interview.</p><p><blockquote>辛格还表示，其他行业也对这项技术感兴趣。“像电网的固定存储这样的东西，对于电池来说是一个非常重要的应用，”辛格在采访中表示。</blockquote></p><p> Successful commercial production is far from guaranteed, however. Any investment should be squarely in a speculative portion of a portfolio. And investors should expect ups and downs for both the business developments and the stock, as was seen with today's jump and drop.</p><p><blockquote>然而，成功的商业生产还远未得到保证。任何投资都应该完全属于投资组合的投机部分。投资者应该预料到业务发展和股票都会有起伏，正如今天的涨跌所看到的那样。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/02/25/why-quantumscape-stock-rose-then-fell-today/\">Motley Fool </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":{"QS":"Quantumscape Corp."},"source_url":"https://www.fool.com/investing/2021/02/25/why-quantumscape-stock-rose-then-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103930774","content_text":"The CEO of the solid-state EV battery maker that has garnered much investor interest gave an interview today.\nWhat happened\nThe stock of aspiring solid-state battery technology company QuantumScape (NYSE:QS) has certainly seen ups and downs. Movement in the stock today mirrored that pattern. After an early 10% jump, shares closed more than 3% lower on Thursday.\nSo what\nShares of the company are down more than 30% year to date after a triple-digit spike in late 2020. The company tends to trade with the electric-vehicle (EV) sector as a speculative stock hoping to revolutionize EV battery technology.\nToday, QuantumScape CEO Jagdeep Singh gave an interview to Yahoo! Finance, which may have contributed to the stock's volatile trading.\nNow what\nDuring today's interview, Singh reiterated some positive developments the company shared with investors last week in its earnings release. The company is working toward commercializing the solid-state battery technology that could provide EV makers with a safer, faster-charging battery that can also deliver longer ranges.\nThe company reported it has successfully built its first multilayer battery cell with four layers. This helps confirm the technology is feasible. Singh added that he plans to scale up the technology to have an eight to 10-layer cell by the end of this year. That would allow the company to deliver sample cells to automotive manufacturers.\nSingh also said there is interest from other sectors for the technology. \"Things like stationary storage for the grid, that's a really important application for batteries,\" Singh stated in the interview.\nSuccessful commercial production is far from guaranteed, however. Any investment should be squarely in a speculative portion of a portfolio. And investors should expect ups and downs for both the business developments and the stock, as was seen with today's jump and drop.","news_type":1,"symbols_score_info":{"QS":0.9}},"isVote":1,"tweetType":1,"viewCount":1488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366179693,"gmtCreate":1614421197812,"gmtModify":1703477465704,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366179693","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":1565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366366938,"gmtCreate":1614396312424,"gmtModify":1703477268882,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366366938","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366361105,"gmtCreate":1614396179407,"gmtModify":1703477265597,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366361105","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382279100,"gmtCreate":1613459009000,"gmtModify":1634553595983,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/382279100","repostId":"1121326703","repostType":4,"repost":{"id":"1121326703","kind":"news","pubTimestamp":1613456527,"share":"https://www.laohunote.com/m/news/1121326703?lang=zh_CN&edition=full","pubTime":"2021-02-16 14:22","market":"us","language":"en","title":"The stock market rightly sees an economic rebound — but is overlooking these worrisome details<blockquote>股市正确地看到了经济反弹，但忽略了这些令人担忧的细节</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121326703","media":"MarketWatch","summary":"Watch this measure of the long-term unemployed\nThe hottest question in Washington these days is how ","content":"<p>Watch this measure of the long-term unemployed</p><p><blockquote>观看长期失业者的这一衡量标准</blockquote></p><p> The hottest question in Washington these days is how much more America should spend on recovery, and it’s a classic data Rorschach test. Some stare at the falling unemployment numbers and see an economy well on its way to normal. Others worry they’re not falling fast enough and fear that lingering scars will hurt long-term growth.</p><p><blockquote>如今华盛顿最热门的问题是美国应该在复苏上再花多少钱，这是一个经典的数据罗夏测验。一些人盯着不断下降的失业率，认为经济正在恢复正常。其他人则担心自己下降的速度不够快，担心挥之不去的伤疤会损害长期增长。</blockquote></p><p> In fact, both groups may be right. The near-term recovery looks quite strong, especially if another stimulus package extends enhanced unemployment benefits into the fall. And the stock market certainly senses that a glorious summer is coming into view.</p><p><blockquote>事实上，这两个群体可能都是对的。近期复苏看起来相当强劲，特别是如果另一项刺激计划将提高的失业救济金延长至秋季。股市当然感觉到一个辉煌的夏天即将到来。</blockquote></p><p> But as companies take advantage of the shock to introduce cost-saving technologies and as consumers emerge from lockdowns with new habits, the same old jobs won’t all be there to fill. The crisis will leave more people settling for lower wages or dropping out of the labor force altogether, and it will take more than throwing money at the problem to heal the economic wounds.</p><p><blockquote>但是，随着公司利用冲击引入节省成本的技术，随着消费者从封锁中走出来，养成新的习惯，同样的旧工作岗位将不会全部被填补。这场危机将让更多的人满足于较低的工资或完全退出劳动力市场，治愈经济创伤需要的不仅仅是砸钱。</blockquote></p><p> As shocking as the COVID-19 pandemic was for last year’s economy, the world’s synchronized policy response was even more surprising. Central banks cut rates, finance ministries cut checks and an astonishing effort to find a vaccine has now delivered several highly effective options.</p><p><blockquote>尽管 COVID-19 大流行病对去年的经济来说令人震惊，但全世界的同步政策反应却更加令人惊讶。央行降息，财政部削减支票，寻找疫苗的惊人努力现在已经提供了几个高效的选择。</blockquote></p><p> With all that money sloshing around the world, how can we not expect a sharp rebound? Even the seers at the European Commission upgraded economic forecasts last week, following a trend set by their counterparts at the International Monetary Fund and the Organization of Economic Cooperation and Development.</p><p><blockquote>随着所有这些钱在世界各地晃动，我们怎么能不期待大幅反弹呢？就连欧盟委员会的预言家上周也上调了经济预测，追随国际货币基金组织和经济合作与发展组织同行设定的趋势。</blockquote></p><p> U.S. unemployment has more than halved from its 14.7% peak last March, while household savings are healthy and debts are low. Poorer households even report slightly higher incomes with that extra government support. Larger firms are awash in cash and banks have plenty of capacity to lend. As winter turns to spring, Americans are managing their cabin fever with plans for shopping sprees and exotic travel just as soon as they get that second shot.</p><p><blockquote>美国失业率较去年 3 月 14.7% 的峰值下降了一半以上，而家庭储蓄健康且债务较低。有了额外的政府支持，贫困家庭的收入甚至略高。大公司现金充裕，银行有充足的放贷能力。随着冬天变成春天，美国人一有第二次机会，就计划疯狂购物和异国情调的旅行，以控制他们的幽居热。</blockquote></p><p> <b>Ka-BOOM!</b></p><p><blockquote><b>咔嘣!</b></blockquote></p><p> Our central scenario is for a steady recovery this year, with another stimulus package that will boost growth above the Congressional Budget Office’s fresh 3.7% forecast. Unemployment should drift lower from the current 6.3% rate, but it’s going to be tough going because the details in the labor data show something far more worrying.</p><p><blockquote>我们的核心设想是今年实现稳定复苏，另一项刺激计划将推动经济增长，超过国会预算办公室3.7%的最新预测。失业率应该会从目前的 6.3% 有所下降，但这将是一个艰难的过程，因为劳动力数据中的细节显示了更令人担忧的情况。</blockquote></p><p> Specifically, the long-term unemployment rate, which counts those Americans who have been out of work for more than 27 weeks, continues to rise in absolute terms and as a percentage of the overall unemployed. The labor participation rate has also taken a sharp spike lower, after just starting to recover following the global financial crisis.</p><p><blockquote>具体来说，长期失业率（包括失业超过 27 周的美国人）的绝对值和占总失业人数的百分比继续上升。在全球金融危机后刚刚开始复苏后，劳动参与率也大幅下降。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34b7d431bf277dd17f778f2af110445c\" tg-width=\"981\" tg-height=\"639\"></p><p><blockquote></blockquote></p><p> Many of these lost jobs may indeed re-appear when all those people head back to the mall. But many of these trends are part of a story that stretches back to the 1960s when men aged 25-54 (so-called “prime age”) began falling out of the workforce because of a complex brew of forces that included global competition, technological innovation and weakening labor unions. Some of these trends were only just improving when the crisis hit.</p><p><blockquote>当所有这些人回到商场时，许多失去的工作岗位确实可能会再次出现。但其中许多趋势都是一个可以追溯到 20 世纪 60 年代的故事的一部分，当时 25-54 岁的男性（所谓的 “黄金年龄 ”）开始退出劳动力市场，原因是全球竞争、技术创新和工会衰弱等复杂因素共同作用。危机爆发时，其中一些趋势才刚刚改善。</blockquote></p><p> Meanwhile, we are only just beginning to understand the shock delivered to working women. Even as the recovery takes hold, some 80% of those who left the workforce in January were female.</p><p><blockquote>与此同时，我们才刚刚开始理解职业女性所受到的冲击。尽管经济复苏仍在继续，但一月份离开劳动力市场的人中约有 80% 是女性。</blockquote></p><p> All recessions aggravate the mismatch between the jobs and the jobless, but this one may be worse. When crisis strikes, companies often add new technologies to cut operating costs. This time, though, there will be further disruption from new post-pandemic consumer patterns and preferences.</p><p><blockquote>所有的经济衰退都会加剧就业和失业者之间的不匹配，但这次可能会更糟。当危机来袭时，公司通常会增加新技术来降低运营成本。然而，这一次，大流行后新的消费者模式和偏好将带来进一步的破坏。</blockquote></p><p> When the recovery comes, as a study by the Federal Reserve Bank of New York points out, the new jobs won’t fit the skill sets of those who were let go. It’s not that a flight attendant can’t get land work at an online retailer’s logistics center, but it’s hardly automatic or comfortable.</p><p><blockquote>正如纽约联邦储备银行的一项研究指出的那样，当经济复苏到来时，新的工作岗位将不适合那些被解雇的人的技能组合。并不是说空姐不能在网上零售商的物流中心获得地面工作，但这绝不是自动的，也不舒服。</blockquote></p><p> And, it’s not just a question of training. If their former employer doesn’t call them back to work as demand recovers, the hunt will be even longer. If the former employer went bankrupt, it’s even harder.By one measure, nearly a third of small businesses have closed since last January.</p><p><blockquote>而且，这不仅仅是训练的问题。如果他们的前雇主不在需求恢复时让他们重返工作岗位，那么寻找工作的时间将会更长。如果前雇主破产了，情况就更难了。根据一项指标，自去年1月以来，近三分之一的小企业已经倒闭。</blockquote></p><p> These are not issues that can be addressed easily even with another stimulus package. The long-term unemployed, in particular, need support that is sufficient without undercutting incentives to return to the workforce, as economist Marco Annunziata points out. Progress will require investment in training and education, too, and may take a long time to deliver results.</p><p><blockquote>即使有另一个刺激计划，这些问题也不是可以轻易解决的。正如经济学家马尔科·安农齐亚塔（Marco Annunziata）指出的那样，长期失业者尤其需要足够的支持，而不会削弱重返劳动力市场的激励。进步也需要对培训和教育进行投资，可能需要很长时间才能取得成果。</blockquote></p><p></p><p> For investors, the “good news,” if you want to call it that, is that these are long-standing trends that won’t likely undercut near-term market returns. The bad news is that by many measures, America’s workforce continues to deteriorate with all sorts of implications for long-term growth, let alone political stability.</p><p><blockquote>对投资者来说，如果你想看涨期权的话，“好消息”是这些是长期趋势，不太可能削弱近期市场回报。坏消息是，从许多方面来看，美国劳动力继续恶化，这对长期增长产生了各种影响，更不用说政治稳定了。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The stock market rightly sees an economic rebound — but is overlooking these worrisome details<blockquote>股市正确地看到了经济反弹，但忽略了这些令人担忧的细节</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\">\nThe stock market rightly sees an economic rebound — but is overlooking these worrisome details<blockquote>股市正确地看到了经济反弹，但忽略了这些令人担忧的细节</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-16 14:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Watch this measure of the long-term unemployed</p><p><blockquote>观看长期失业者的这一衡量标准</blockquote></p><p> The hottest question in Washington these days is how much more America should spend on recovery, and it’s a classic data Rorschach test. Some stare at the falling unemployment numbers and see an economy well on its way to normal. Others worry they’re not falling fast enough and fear that lingering scars will hurt long-term growth.</p><p><blockquote>如今华盛顿最热门的问题是美国应该在复苏上再花多少钱，这是一个经典的数据罗夏测验。一些人盯着不断下降的失业率，认为经济正在恢复正常。其他人则担心自己下降的速度不够快，担心挥之不去的伤疤会损害长期增长。</blockquote></p><p> In fact, both groups may be right. The near-term recovery looks quite strong, especially if another stimulus package extends enhanced unemployment benefits into the fall. And the stock market certainly senses that a glorious summer is coming into view.</p><p><blockquote>事实上，这两个群体可能都是对的。近期复苏看起来相当强劲，特别是如果另一项刺激计划将提高的失业救济金延长至秋季。股市当然感觉到一个辉煌的夏天即将到来。</blockquote></p><p> But as companies take advantage of the shock to introduce cost-saving technologies and as consumers emerge from lockdowns with new habits, the same old jobs won’t all be there to fill. The crisis will leave more people settling for lower wages or dropping out of the labor force altogether, and it will take more than throwing money at the problem to heal the economic wounds.</p><p><blockquote>但是，随着公司利用冲击引入节省成本的技术，随着消费者从封锁中走出来，养成新的习惯，同样的旧工作岗位将不会全部被填补。这场危机将让更多的人满足于较低的工资或完全退出劳动力市场，治愈经济创伤需要的不仅仅是砸钱。</blockquote></p><p> As shocking as the COVID-19 pandemic was for last year’s economy, the world’s synchronized policy response was even more surprising. Central banks cut rates, finance ministries cut checks and an astonishing effort to find a vaccine has now delivered several highly effective options.</p><p><blockquote>尽管 COVID-19 大流行病对去年的经济来说令人震惊，但全世界的同步政策反应却更加令人惊讶。央行降息，财政部削减支票，寻找疫苗的惊人努力现在已经提供了几个高效的选择。</blockquote></p><p> With all that money sloshing around the world, how can we not expect a sharp rebound? Even the seers at the European Commission upgraded economic forecasts last week, following a trend set by their counterparts at the International Monetary Fund and the Organization of Economic Cooperation and Development.</p><p><blockquote>随着所有这些钱在世界各地晃动，我们怎么能不期待大幅反弹呢？就连欧盟委员会的预言家上周也上调了经济预测，追随国际货币基金组织和经济合作与发展组织同行设定的趋势。</blockquote></p><p> U.S. unemployment has more than halved from its 14.7% peak last March, while household savings are healthy and debts are low. Poorer households even report slightly higher incomes with that extra government support. Larger firms are awash in cash and banks have plenty of capacity to lend. As winter turns to spring, Americans are managing their cabin fever with plans for shopping sprees and exotic travel just as soon as they get that second shot.</p><p><blockquote>美国失业率较去年 3 月 14.7% 的峰值下降了一半以上，而家庭储蓄健康且债务较低。有了额外的政府支持，贫困家庭的收入甚至略高。大公司现金充裕，银行有充足的放贷能力。随着冬天变成春天，美国人一有第二次机会，就计划疯狂购物和异国情调的旅行，以控制他们的幽居热。</blockquote></p><p> <b>Ka-BOOM!</b></p><p><blockquote><b>咔嘣!</b></blockquote></p><p> Our central scenario is for a steady recovery this year, with another stimulus package that will boost growth above the Congressional Budget Office’s fresh 3.7% forecast. Unemployment should drift lower from the current 6.3% rate, but it’s going to be tough going because the details in the labor data show something far more worrying.</p><p><blockquote>我们的核心设想是今年实现稳定复苏，另一项刺激计划将推动经济增长，超过国会预算办公室3.7%的最新预测。失业率应该会从目前的 6.3% 有所下降，但这将是一个艰难的过程，因为劳动力数据中的细节显示了更令人担忧的情况。</blockquote></p><p> Specifically, the long-term unemployment rate, which counts those Americans who have been out of work for more than 27 weeks, continues to rise in absolute terms and as a percentage of the overall unemployed. The labor participation rate has also taken a sharp spike lower, after just starting to recover following the global financial crisis.</p><p><blockquote>具体来说，长期失业率（包括失业超过 27 周的美国人）的绝对值和占总失业人数的百分比继续上升。在全球金融危机后刚刚开始复苏后，劳动参与率也大幅下降。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34b7d431bf277dd17f778f2af110445c\" tg-width=\"981\" tg-height=\"639\"></p><p><blockquote></blockquote></p><p> Many of these lost jobs may indeed re-appear when all those people head back to the mall. But many of these trends are part of a story that stretches back to the 1960s when men aged 25-54 (so-called “prime age”) began falling out of the workforce because of a complex brew of forces that included global competition, technological innovation and weakening labor unions. Some of these trends were only just improving when the crisis hit.</p><p><blockquote>当所有这些人回到商场时，许多失去的工作岗位确实可能会再次出现。但其中许多趋势都是一个可以追溯到 20 世纪 60 年代的故事的一部分，当时 25-54 岁的男性（所谓的 “黄金年龄 ”）开始退出劳动力市场，原因是全球竞争、技术创新和工会衰弱等复杂因素共同作用。危机爆发时，其中一些趋势才刚刚改善。</blockquote></p><p> Meanwhile, we are only just beginning to understand the shock delivered to working women. Even as the recovery takes hold, some 80% of those who left the workforce in January were female.</p><p><blockquote>与此同时，我们才刚刚开始理解职业女性所受到的冲击。尽管经济复苏仍在继续，但一月份离开劳动力市场的人中约有 80% 是女性。</blockquote></p><p> All recessions aggravate the mismatch between the jobs and the jobless, but this one may be worse. When crisis strikes, companies often add new technologies to cut operating costs. This time, though, there will be further disruption from new post-pandemic consumer patterns and preferences.</p><p><blockquote>所有的经济衰退都会加剧就业和失业者之间的不匹配，但这次可能会更糟。当危机来袭时，公司通常会增加新技术来降低运营成本。然而，这一次，大流行后新的消费者模式和偏好将带来进一步的破坏。</blockquote></p><p> When the recovery comes, as a study by the Federal Reserve Bank of New York points out, the new jobs won’t fit the skill sets of those who were let go. It’s not that a flight attendant can’t get land work at an online retailer’s logistics center, but it’s hardly automatic or comfortable.</p><p><blockquote>正如纽约联邦储备银行的一项研究指出的那样，当经济复苏到来时，新的工作岗位将不适合那些被解雇的人的技能组合。并不是说空姐不能在网上零售商的物流中心获得地面工作，但这绝不是自动的，也不舒服。</blockquote></p><p> And, it’s not just a question of training. If their former employer doesn’t call them back to work as demand recovers, the hunt will be even longer. If the former employer went bankrupt, it’s even harder.By one measure, nearly a third of small businesses have closed since last January.</p><p><blockquote>而且，这不仅仅是训练的问题。如果他们的前雇主不在需求恢复时让他们重返工作岗位，那么寻找工作的时间将会更长。如果前雇主破产了，情况就更难了。根据一项指标，自去年1月以来，近三分之一的小企业已经倒闭。</blockquote></p><p> These are not issues that can be addressed easily even with another stimulus package. The long-term unemployed, in particular, need support that is sufficient without undercutting incentives to return to the workforce, as economist Marco Annunziata points out. Progress will require investment in training and education, too, and may take a long time to deliver results.</p><p><blockquote>即使有另一个刺激计划，这些问题也不是可以轻易解决的。正如经济学家马尔科·安农齐亚塔（Marco Annunziata）指出的那样，长期失业者尤其需要足够的支持，而不会削弱重返劳动力市场的激励。进步也需要对培训和教育进行投资，可能需要很长时间才能取得成果。</blockquote></p><p></p><p> For investors, the “good news,” if you want to call it that, is that these are long-standing trends that won’t likely undercut near-term market returns. The bad news is that by many measures, America’s workforce continues to deteriorate with all sorts of implications for long-term growth, let alone political stability.</p><p><blockquote>对投资者来说，如果你想看涨期权的话，“好消息”是这些是长期趋势，不太可能削弱近期市场回报。坏消息是，从许多方面来看，美国劳动力继续恶化，这对长期增长产生了各种影响，更不用说政治稳定了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-stock-market-rightly-sees-an-economic-rebound-but-is-overlooking-these-worrisome-details-11613400002?mod=home-page\">MarketWatch</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":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/the-stock-market-rightly-sees-an-economic-rebound-but-is-overlooking-these-worrisome-details-11613400002?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1121326703","content_text":"Watch this measure of the long-term unemployed\nThe hottest question in Washington these days is how much more America should spend on recovery, and it’s a classic data Rorschach test. Some stare at the falling unemployment numbers and see an economy well on its way to normal. Others worry they’re not falling fast enough and fear that lingering scars will hurt long-term growth.\nIn fact, both groups may be right. The near-term recovery looks quite strong, especially if another stimulus package extends enhanced unemployment benefits into the fall. And the stock market certainly senses that a glorious summer is coming into view.\nBut as companies take advantage of the shock to introduce cost-saving technologies and as consumers emerge from lockdowns with new habits, the same old jobs won’t all be there to fill. The crisis will leave more people settling for lower wages or dropping out of the labor force altogether, and it will take more than throwing money at the problem to heal the economic wounds.\nAs shocking as the COVID-19 pandemic was for last year’s economy, the world’s synchronized policy response was even more surprising. Central banks cut rates, finance ministries cut checks and an astonishing effort to find a vaccine has now delivered several highly effective options.\nWith all that money sloshing around the world, how can we not expect a sharp rebound? Even the seers at the European Commission upgraded economic forecasts last week, following a trend set by their counterparts at the International Monetary Fund and the Organization of Economic Cooperation and Development.\nU.S. unemployment has more than halved from its 14.7% peak last March, while household savings are healthy and debts are low. Poorer households even report slightly higher incomes with that extra government support. Larger firms are awash in cash and banks have plenty of capacity to lend. As winter turns to spring, Americans are managing their cabin fever with plans for shopping sprees and exotic travel just as soon as they get that second shot.\nKa-BOOM!\nOur central scenario is for a steady recovery this year, with another stimulus package that will boost growth above the Congressional Budget Office’s fresh 3.7% forecast. Unemployment should drift lower from the current 6.3% rate, but it’s going to be tough going because the details in the labor data show something far more worrying.\nSpecifically, the long-term unemployment rate, which counts those Americans who have been out of work for more than 27 weeks, continues to rise in absolute terms and as a percentage of the overall unemployed. The labor participation rate has also taken a sharp spike lower, after just starting to recover following the global financial crisis.\n\nMany of these lost jobs may indeed re-appear when all those people head back to the mall. But many of these trends are part of a story that stretches back to the 1960s when men aged 25-54 (so-called “prime age”) began falling out of the workforce because of a complex brew of forces that included global competition, technological innovation and weakening labor unions. Some of these trends were only just improving when the crisis hit.\nMeanwhile, we are only just beginning to understand the shock delivered to working women. Even as the recovery takes hold, some 80% of those who left the workforce in January were female.\nAll recessions aggravate the mismatch between the jobs and the jobless, but this one may be worse. When crisis strikes, companies often add new technologies to cut operating costs. This time, though, there will be further disruption from new post-pandemic consumer patterns and preferences.\nWhen the recovery comes, as a study by the Federal Reserve Bank of New York points out, the new jobs won’t fit the skill sets of those who were let go. It’s not that a flight attendant can’t get land work at an online retailer’s logistics center, but it’s hardly automatic or comfortable.\nAnd, it’s not just a question of training. If their former employer doesn’t call them back to work as demand recovers, the hunt will be even longer. If the former employer went bankrupt, it’s even harder.By one measure, nearly a third of small businesses have closed since last January.\nThese are not issues that can be addressed easily even with another stimulus package. The long-term unemployed, in particular, need support that is sufficient without undercutting incentives to return to the workforce, as economist Marco Annunziata points out. Progress will require investment in training and education, too, and may take a long time to deliver results.\nFor investors, the “good news,” if you want to call it that, is that these are long-standing trends that won’t likely undercut near-term market returns. The bad news is that by many measures, America’s workforce continues to deteriorate with all sorts of implications for long-term growth, let alone political stability.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382270777,"gmtCreate":1613458983099,"gmtModify":1634553596225,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382270777","repostId":"1167258069","repostType":4,"isVote":1,"tweetType":1,"viewCount":1799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381798195,"gmtCreate":1612982420217,"gmtModify":1703768020512,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381798195","repostId":"1189340956","repostType":4,"repost":{"id":"1189340956","kind":"news","pubTimestamp":1612950655,"share":"https://www.laohunote.com/m/news/1189340956?lang=zh_CN&edition=full","pubTime":"2021-02-10 17:50","market":"us","language":"en","title":"A New Hydrogen-Technology Stock Will Challenge Nikola<blockquote>一只新的氢技术股票将挑战尼古拉</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189340956","media":"Barrons","summary":"As far as the fuels that power the future of transportation, investors have become convinced diesel ","content":"<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.</p><p><blockquote>至于为未来交通提供动力的燃料，投资者已经确信柴油和汽油正在被淘汰，而电力和氢正在被淘汰。这种日益增长的信念反映在电动和氢动力汽车股票的激增、估值和表现上。</blockquote></p><p>As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.</p><p><blockquote>截至周二，投资者还有另一只属于该故事一部分的股票需要关注和评估。氢燃料电池制造商Hyzon Motorshas同意与特殊目的收购公司Decarbonization Plus Acquisition（股票代码：DCRB）合并。两家公司预计将在第二季度完成交易，届时 Hyzon 将接管 SPAC 在纳斯达克的上市，股票代码待定。</blockquote></p><p>As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.</p><p><blockquote>截至撰写本文时，包括收益在内，该交易对 Hyzon 的估值约为 27 亿美元。但上周有关即将达成协议的传言泄露，导致脱碳股价高于估值所依据的每股 10 美元。周一股价收于 17.76 美元，这意味着合并后的实体将获得约 48 亿美元。</blockquote></p><p>It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.</p><p><blockquote>Nikola（NKLA）于 2020 年通过 SPAC 合并上市，目前估值约为 90 亿美元。燃料电池技术公司PLUG Power（PLUG）的市值约为320亿美元。</blockquote></p><p>Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.</p><p><blockquote>Hyzon 的商业模式比 Nikola 更接近 Plug。Nikola plansto 生产和组装 Nikola 品牌的氢燃料电池动力卡车，此外还希望为客户建造和运营加氢站。Plug更专注于氢燃料电池技术，并将其技术集成到多种交通应用中。</blockquote></p><p>Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.</p><p><blockquote>与 Plug 一样，Hyzon 对从头开始制造自己的卡车不感兴趣。该公司开发了它认为是重型运输应用领先的氢燃料电池技术。它希望向卡车制造商和车队所有者提供该动力系统，以安装他们想要的任何卡车或公共汽车车身。Hyzon 希望成为氢的康明斯 (CMI)。</blockquote></p><p>“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tells<i>Barron’s</i>. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”</p><p><blockquote>“Hyzon 首席执行官兼联合创始人克雷格-奈特（Craig Knight）说：”这款车的核心价值主张实际上就是燃料电池。<i>巴伦</i>. “从历史上看，柴油卡车的定义取决于其发动机的质量和性能，我们认为随着我们[转向氢动力卡车]，这种情况不会改变”。</blockquote></p><p>Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.</p><p><blockquote>Hyzon 的燃料电池技术来自其母公司、总部位于亚洲的 Horizon，该公司二十年来一直在开发用于固定和移动电力应用的燃料电池。合并完成后，Horizon 仍将拥有 Hyzon 约 50% 的已发行股票。</blockquote></p><p>Commercial hydrogen and electrification stocks are on fire. Several tracked by<i>Barron’s</i>, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the S&P 500.</p><p><blockquote>商业氢和电气化股火爆。几个被跟踪<i>巴伦</i>包括 Workhorse (WKHS) 和 Ballard Power Systems (BLDP) 在内的公司在 2020 年上涨约 440% 后，今年迄今为止平均上涨约 68%。这两个回报都超过了标普500的可比数字。</blockquote></p><p>Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.</p><p><blockquote>商用车领域的替代动力系统技术可能比个人运输市场发展得更快。平均而言，商用车每天行驶的次数更多，因此燃油节省的速度更快。此外，电动汽车需要修理的零件较少，因此与柴油和汽油动力汽车相比，维护成本往往较低。</blockquote></p><p>“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”</p><p><blockquote>“私募股权公司 Riverstone Holdings 的脱碳 SPAC 总监兼合伙人 Robert Tichio 说：”我们预计，未来 10 年全球氢经济将不可避免地快速发展。“我们认为，氢是脱碳解决方案中非常重要的一部分，尤其是对于某些类别的交通和移动而言，它绝对会与电池电动汽车共存。”</blockquote></p><p>Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.</p><p><blockquote>Riverstone 是另一家特殊目的收购公司 Decarbonization Plus Acquisition Corporation II (DCRNU) 的赞助商，该公司上周刚刚上市，筹集了 3.5 亿美元。</blockquote></p><p>Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.</p><p><blockquote>脱碳加我去年秋天上市，筹集了约2.26亿美元。扣除费用后，Hyzon 将获得这笔现金加上对公共股本 (PIPE) 的 4 亿美元私人投资。包括贝莱德、富达和惠灵顿在内的机构投资者将这笔现金定为每股 10 美元。</blockquote></p><p>Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.</p><p><blockquote>交易收益将用于建设 Hyzon 的设施和团队，以及进一步的研发。</blockquote></p><p>“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”</p><p><blockquote>“奈特说：”有很多公司都希望与我们合作，因为 Hyzon 是他们在市场上推广氢能技术的第一次机会。“在接下来的几年里，当其他人还在谈论氢燃料时，Hyzon 将让数千辆汽车上路--谈论氢燃料很容易，但做起来却很难。”</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A New Hydrogen-Technology Stock Will Challenge Nikola<blockquote>一只新的氢技术股票将挑战尼古拉</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\">\nA New Hydrogen-Technology Stock Will Challenge Nikola<blockquote>一只新的氢技术股票将挑战尼古拉</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-10 17:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.</p><p><blockquote>至于为未来交通提供动力的燃料，投资者已经确信柴油和汽油正在被淘汰，而电力和氢正在被淘汰。这种日益增长的信念反映在电动和氢动力汽车股票的激增、估值和表现上。</blockquote></p><p>As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.</p><p><blockquote>截至周二，投资者还有另一只属于该故事一部分的股票需要关注和评估。氢燃料电池制造商Hyzon Motorshas同意与特殊目的收购公司Decarbonization Plus Acquisition（股票代码：DCRB）合并。两家公司预计将在第二季度完成交易，届时 Hyzon 将接管 SPAC 在纳斯达克的上市，股票代码待定。</blockquote></p><p>As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.</p><p><blockquote>截至撰写本文时，包括收益在内，该交易对 Hyzon 的估值约为 27 亿美元。但上周有关即将达成协议的传言泄露，导致脱碳股价高于估值所依据的每股 10 美元。周一股价收于 17.76 美元，这意味着合并后的实体将获得约 48 亿美元。</blockquote></p><p>It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.</p><p><blockquote>Nikola（NKLA）于 2020 年通过 SPAC 合并上市，目前估值约为 90 亿美元。燃料电池技术公司PLUG Power（PLUG）的市值约为320亿美元。</blockquote></p><p>Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.</p><p><blockquote>Hyzon 的商业模式比 Nikola 更接近 Plug。Nikola plansto 生产和组装 Nikola 品牌的氢燃料电池动力卡车，此外还希望为客户建造和运营加氢站。Plug更专注于氢燃料电池技术，并将其技术集成到多种交通应用中。</blockquote></p><p>Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.</p><p><blockquote>与 Plug 一样，Hyzon 对从头开始制造自己的卡车不感兴趣。该公司开发了它认为是重型运输应用领先的氢燃料电池技术。它希望向卡车制造商和车队所有者提供该动力系统，以安装他们想要的任何卡车或公共汽车车身。Hyzon 希望成为氢的康明斯 (CMI)。</blockquote></p><p>“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tells<i>Barron’s</i>. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”</p><p><blockquote>“Hyzon 首席执行官兼联合创始人克雷格-奈特（Craig Knight）说：”这款车的核心价值主张实际上就是燃料电池。<i>巴伦</i>. “从历史上看，柴油卡车的定义取决于其发动机的质量和性能，我们认为随着我们[转向氢动力卡车]，这种情况不会改变”。</blockquote></p><p>Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.</p><p><blockquote>Hyzon 的燃料电池技术来自其母公司、总部位于亚洲的 Horizon，该公司二十年来一直在开发用于固定和移动电力应用的燃料电池。合并完成后，Horizon 仍将拥有 Hyzon 约 50% 的已发行股票。</blockquote></p><p>Commercial hydrogen and electrification stocks are on fire. Several tracked by<i>Barron’s</i>, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the S&P 500.</p><p><blockquote>商业氢和电气化股火爆。几个被跟踪<i>巴伦</i>包括 Workhorse (WKHS) 和 Ballard Power Systems (BLDP) 在内的公司在 2020 年上涨约 440% 后，今年迄今为止平均上涨约 68%。这两个回报都超过了标普500的可比数字。</blockquote></p><p>Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.</p><p><blockquote>商用车领域的替代动力系统技术可能比个人运输市场发展得更快。平均而言，商用车每天行驶的次数更多，因此燃油节省的速度更快。此外，电动汽车需要修理的零件较少，因此与柴油和汽油动力汽车相比，维护成本往往较低。</blockquote></p><p>“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”</p><p><blockquote>“私募股权公司 Riverstone Holdings 的脱碳 SPAC 总监兼合伙人 Robert Tichio 说：”我们预计，未来 10 年全球氢经济将不可避免地快速发展。“我们认为，氢是脱碳解决方案中非常重要的一部分，尤其是对于某些类别的交通和移动而言，它绝对会与电池电动汽车共存。”</blockquote></p><p>Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.</p><p><blockquote>Riverstone 是另一家特殊目的收购公司 Decarbonization Plus Acquisition Corporation II (DCRNU) 的赞助商，该公司上周刚刚上市，筹集了 3.5 亿美元。</blockquote></p><p>Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.</p><p><blockquote>脱碳加我去年秋天上市，筹集了约2.26亿美元。扣除费用后，Hyzon 将获得这笔现金加上对公共股本 (PIPE) 的 4 亿美元私人投资。包括贝莱德、富达和惠灵顿在内的机构投资者将这笔现金定为每股 10 美元。</blockquote></p><p>Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.</p><p><blockquote>交易收益将用于建设 Hyzon 的设施和团队，以及进一步的研发。</blockquote></p><p>“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”</p><p><blockquote>“奈特说：”有很多公司都希望与我们合作，因为 Hyzon 是他们在市场上推广氢能技术的第一次机会。“在接下来的几年里，当其他人还在谈论氢燃料时，Hyzon 将让数千辆汽车上路--谈论氢燃料很容易，但做起来却很难。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8\">Barrons</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":{},"source_url":"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189340956","content_text":"As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tellsBarron’s. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.Commercial hydrogen and electrification stocks are on fire. Several tracked byBarron’s, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the S&P 500.Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”","news_type":1,"symbols_score_info":{"DCRB":0.9,"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381791516,"gmtCreate":1612982354035,"gmtModify":1703768019994,"author":{"id":"3567668858240635","authorId":"3567668858240635","name":"chunyangtoh","avatar":"https://static.tigerbbs.com/b2ddf7577dcc18a4754ac4fc71559035","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567668858240635","authorIdStr":"3567668858240635"},"themes":[],"title":"","htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381791516","repostId":"1186964240","repostType":4,"isVote":1,"tweetType":1,"viewCount":1601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}