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Rick0209

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- Rick0209Rick0209
  ·2021-05-18
  Like my comments yo thanks
  Berkshire sheds nearly all of Wells Fargo, a holding since 1989
  (Reuters) - Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warre
  Berkshire sheds nearly all of Wells Fargo, a holding since 1989
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- Rick0209Rick0209
  ·2021-05-18
  Like my comments thanks
  AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal
  There’s bad news for income investors: AT&T’s 52-cent-a-share dividend would be cut if its sale of W
  AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal
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- Rick0209Rick0209
  ·2021-05-18
  Leggooo
  1,677 评论
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- Rick0209Rick0209
  ·2021-05-17
  Lockdown again
  1,452 评论
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- Rick0209Rick0209
  ·2021-05-17
  Like and comment thanks
  非常抱歉，此主贴已删除
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- Rick0209Rick0209
  ·2021-05-16
  Wow why drop so much 😮
  1,200 评论
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- Rick0209Rick0209
  ·2021-05-10
  Help to like my comments my dear friends
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
  (Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
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- Rick0209Rick0209
  ·2021-05-10
  I am trying to leave a comment...
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
  (Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
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- Rick0209Rick0209
  ·2021-05-10
  Go to go?😏
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- Rick0209Rick0209
  ·2021-05-09
  Ok good
  U.S. auto part makers brace for a bumpy ride as chip shortage to intensify
  By Ankit Ajmera May 7 (Reuters)-U.S. auto parts suppliers warned of more production cuts at major au
  U.S. auto part makers brace for a bumpy ride as chip shortage to intensify
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In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018.Berkshire began investing in San Francisco-based Wells Fargo in 1989, and spent at least $12.7 billion on its shares, building a 10% stake.</p><p>The bank's reputation was shattered by revelations that employees facing aggressive sales goals opened millions of unwanted accounts, charged unnecessary mortgage fees and forced drivers to buy car insurance they did not need. The conduct grew out of Wells Fargo's longstanding strategy of selling more products per customer, or cross-selling. Buffett, who is Berkshire's chief executive, told CNBC in February 2020 that Wells Fargo had a \"dumb\" incentive system and was slow to make things right. \"The big thing is they ignored it when they found out about it,\" he said. \"You absolutely have to attack a problem as soon as it occurs, and you know about it. And if that had happened, Wells Fargo shareholders would be a lot better off.\"</p><p>Berkshire, based in Omaha, Nebraska, still owns shares of other banks, including $Bank of America Corp(BAC-N)$, its largest common stock holding other than Apple Inc.Wells Fargo paid $3 billion in February 2020 to settle criminal and civil probes.</p><p>Last November, the U.S. Securities and Exchange Commission charged two former top Wells Fargo executives with misleading investors about its financial results. Wells Fargo remains under a February 2018 Federal Reserve directive barring asset growth until it makes sufficient improvements.</p><p>Shares of Wells Fargo closed Monday up 94 cents at $47.90. Although the price has more than doubled since October, it is 28% below its January 2018 peak.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire sheds nearly all of Wells Fargo, a holding since 1989</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire sheds nearly all of Wells Fargo, a holding since 1989\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/berkshire-sheds-nearly-wells-fargo-205618796.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful ...</p>\n\n<a href=\"https://finance.yahoo.com/news/berkshire-sheds-nearly-wells-fargo-205618796.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B","WFC":"富国银行"},"source_url":"https://finance.yahoo.com/news/berkshire-sheds-nearly-wells-fargo-205618796.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2136954849","content_text":"(Reuters) - Berkshire Hathaway Inc has sold nearly all of its holdings in Wells Fargo & Co, as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers. In a regulatory filing on Monday, Berkshire said it owned just $26.4 million of shares in the fourth-largest U.S. bank as of March 31, down from around $32 billion in January 2018.Berkshire began investing in San Francisco-based Wells Fargo in 1989, and spent at least $12.7 billion on its shares, building a 10% stake.The bank's reputation was shattered by revelations that employees facing aggressive sales goals opened millions of unwanted accounts, charged unnecessary mortgage fees and forced drivers to buy car insurance they did not need. The conduct grew out of Wells Fargo's longstanding strategy of selling more products per customer, or cross-selling. Buffett, who is Berkshire's chief executive, told CNBC in February 2020 that Wells Fargo had a \"dumb\" incentive system and was slow to make things right. \"The big thing is they ignored it when they found out about it,\" he said. \"You absolutely have to attack a problem as soon as it occurs, and you know about it. And if that had happened, Wells Fargo shareholders would be a lot better off.\"Berkshire, based in Omaha, Nebraska, still owns shares of other banks, including $Bank of America Corp(BAC-N)$, its largest common stock holding other than Apple Inc.Wells Fargo paid $3 billion in February 2020 to settle criminal and civil probes.Last November, the U.S. Securities and Exchange Commission charged two former top Wells Fargo executives with misleading investors about its financial results. Wells Fargo remains under a February 2018 Federal Reserve directive barring asset growth until it makes sufficient improvements.Shares of Wells Fargo closed Monday up 94 cents at $47.90. Although the price has more than doubled since October, it is 28% below its January 2018 peak.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9,"WFC":0.9}},"isVote":1,"tweetType":1,"viewCount":1160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195562052,"gmtCreate":1621302413376,"gmtModify":1634192630461,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Like my comments thanks","listText":"Like my comments thanks","text":"Like my comments thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/195562052","repostId":"1175570783","repostType":4,"repost":{"id":"1175570783","kind":"news","pubTimestamp":1621300286,"share":"https://ttm.financial/m/news/1175570783?lang=&edition=full","pubTime":"2021-05-18 09:11","market":"us","language":"en","title":"AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1175570783","media":"barrons","summary":"There’s bad news for income investors: AT&T’s 52-cent-a-share dividend would be cut if its sale of W","content":"<p>There’s bad news for income investors:&nbsp;AT&amp;T’s&nbsp;52-cent-a-share dividend would be cut if its sale of WarnerMedia to&nbsp;Discovery&nbsp;goes through.</p><p>Still, AT&amp;T (ticker: T) investors initially applauded the deal, announced Monday morning, as it would help the telecom company focus on its core and reduce its high debt burden. The stock was at $33 and change at around 11 a.m., up about 3% on the session. It currently yields 6.2%.</p><p>The stock, which has lagged behind the broader market in recent years, has long been a popular option for equity income investors. It has a five-year annual return of about 2.5%, versus 17.6% for the&nbsp;S&amp;P 500,&nbsp;according to FactSet.</p><p>But the dividend’s health had been in question given a debt load that was exacerbated by the company’s 2018 acquisition of the WarnerMedia assets, which include TNT, CNN, HBO, and the Warner Bros. movie studio. As of March 31, long-term debt totaled about $160.7 billion, up from $153.8 billion at the end of 2020.</p><p>In an interview with CNBC Monday morning, AT&amp;T CEO&nbsp;John Stankey&nbsp;said “there’s been some overhang on our equity that’s been driven by the balance sheet dynamic,” notably debt. The deal will allow AT&amp;T to “accelerate our deleveraging of the business,” he added.</p><p>Under the deal with Discovery (DISCA), AT&amp;T shareholders would own 71% of the new company—potentially capturing some upside there if the combination works as billed.</p><p>Stankey told CNBC that the company is giving the shareholders an interest in a fast-growing media company and that AT&amp;T is “continuing to maintain a very, very hearty and healthy dividend.”</p><p>In April, AT&amp;T said it was aiming for a dividend payout ratio in the “high 50% range.” But with the WarnerMedia assets jettisoned, it needs to resize, or cut, the dividend.</p><p>In a news release Monday, AT&amp;T said it expects an “annual dividend payout ratio of 40% to 43% of anticipated free cash flow of $20 billion plus.”</p><p>Simon Flannery&nbsp;of &nbsp;Morgan Stanley&nbsp;observed in a research note Monday that, “If we assume an $8 [billion] payout, this would be a nearly 50% reduction from current levels of some $15 [billion] and would put the stock on a low 4%” yield and that stock “buybacks could also be a possibility down the road.”</p><p>Bottom line: It’s still a cut.</p><p>And that could put its status as a member of the S&amp;P 500 Dividend Aristocrats, a group of stocks that have paid out higher dividends for at least 25 straight years, in peril. AT&amp;T’s last increase, by a penny, was declared in late 2019.</p><p>The stock’s status in that group will be reviewed, according to Howard Silverblatt of S&amp;P Dow Jones Indices.</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>AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/at-ts-dividend-payout-stands-to-be-cut-nearly-50-in-warnermedia-deal-51621268533?siteid=yhoof2><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There’s bad news for income investors: AT&T’s 52-cent-a-share dividend would be cut if its sale of WarnerMedia to Discovery goes through.Still, AT&T (ticker: T) investors initially applauded the deal,...</p>\n\n<a href=\"https://www.barrons.com/articles/at-ts-dividend-payout-stands-to-be-cut-nearly-50-in-warnermedia-deal-51621268533?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/at-ts-dividend-payout-stands-to-be-cut-nearly-50-in-warnermedia-deal-51621268533?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175570783","content_text":"There’s bad news for income investors: AT&T’s 52-cent-a-share dividend would be cut if its sale of WarnerMedia to Discovery goes through.Still, AT&T (ticker: T) investors initially applauded the deal, announced Monday morning, as it would help the telecom company focus on its core and reduce its high debt burden. The stock was at $33 and change at around 11 a.m., up about 3% on the session. It currently yields 6.2%.The stock, which has lagged behind the broader market in recent years, has long been a popular option for equity income investors. It has a five-year annual return of about 2.5%, versus 17.6% for the S&P 500, according to FactSet.But the dividend’s health had been in question given a debt load that was exacerbated by the company’s 2018 acquisition of the WarnerMedia assets, which include TNT, CNN, HBO, and the Warner Bros. movie studio. As of March 31, long-term debt totaled about $160.7 billion, up from $153.8 billion at the end of 2020.In an interview with CNBC Monday morning, AT&T CEO John Stankey said “there’s been some overhang on our equity that’s been driven by the balance sheet dynamic,” notably debt. The deal will allow AT&T to “accelerate our deleveraging of the business,” he added.Under the deal with Discovery (DISCA), AT&T shareholders would own 71% of the new company—potentially capturing some upside there if the combination works as billed.Stankey told CNBC that the company is giving the shareholders an interest in a fast-growing media company and that AT&T is “continuing to maintain a very, very hearty and healthy dividend.”In April, AT&T said it was aiming for a dividend payout ratio in the “high 50% range.” But with the WarnerMedia assets jettisoned, it needs to resize, or cut, the dividend.In a news release Monday, AT&T said it expects an “annual dividend payout ratio of 40% to 43% of anticipated free cash flow of $20 billion plus.”Simon Flannery of  Morgan Stanley observed in a research note Monday that, “If we assume an $8 [billion] payout, this would be a nearly 50% reduction from current levels of some $15 [billion] and would put the stock on a low 4%” yield and that stock “buybacks could also be a possibility down the road.”Bottom line: It’s still a cut.And that could put its status as a member of the S&P 500 Dividend Aristocrats, a group of stocks that have paid out higher dividends for at least 25 straight years, in peril. AT&T’s last increase, by a penny, was declared in late 2019.The stock’s status in that group will be reviewed, according to Howard Silverblatt of S&P Dow Jones Indices.","news_type":1,"symbols_score_info":{"T":0.9}},"isVote":1,"tweetType":1,"viewCount":1036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195568753,"gmtCreate":1621302368472,"gmtModify":1634192630938,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Leggooo","listText":"Leggooo","text":"Leggooo","images":[{"img":"https://static.tigerbbs.com/0dd100cf284c980cbe16d8139ec81eda","width":"1080","height":"2101"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195568753","isVote":1,"tweetType":1,"viewCount":1677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195306592,"gmtCreate":1621255204916,"gmtModify":1634193022709,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Lockdown again","listText":"Lockdown again","text":"Lockdown again","images":[{"img":"https://static.tigerbbs.com/085c230423d94635fd4b2c9c3deb9aaa","width":"1080","height":"2101"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195306592","isVote":1,"tweetType":1,"viewCount":1452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195306615,"gmtCreate":1621255154937,"gmtModify":1634193022946,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195306615","repostId":"1147449240","repostType":4,"isVote":1,"tweetType":1,"viewCount":1105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192991802,"gmtCreate":1621134874406,"gmtModify":1634193845788,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Wow why drop so much 😮","listText":"Wow why drop so much 😮","text":"Wow why drop so much 😮","images":[{"img":"https://static.tigerbbs.com/a7703731c1ecfcf7e0c68e68a483ee3d","width":"1080","height":"2192"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/192991802","isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190870330,"gmtCreate":1620612671020,"gmtModify":1634197700618,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Help to like my comments my dear friends","listText":"Help to like my comments my dear friends","text":"Help to like my comments my dear friends","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190870330","repostId":"2133686350","repostType":4,"repost":{"id":"2133686350","kind":"news","pubTimestamp":1620608400,"share":"https://ttm.financial/m/news/2133686350?lang=&edition=full","pubTime":"2021-05-10 09:00","market":"us","language":"en","title":"Cars Keep Getting Pricier and the Commodity Boom Makes It Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=2133686350","media":"Bloomberg","summary":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,","content":"<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.</p>\n<p>Many of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.</p>\n<p>Should the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase &amp; Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.</p>\n<p>“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”</p>\n<p>Carmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.</p>\n<p>In the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.</p>\n<p>The main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.</p>\n<p>The boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.</p>\n<p>The increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.</p>\n<p>They also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.</p>\n<p>Ford and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.</p>\n<p>“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”</p>\n<p>BMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.</p>\n<p>Longer term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.</p>\n<p>“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.</p>\n<p>Jeep maker <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.</p>\n<p>“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> wrote in a note. “It’s a seller’s market in autos.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cars Keep Getting Pricier and the Commodity Boom Makes It Worse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCars Keep Getting Pricier and the Commodity Boom Makes It Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STLA":"Stellantis NV"},"source_url":"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133686350","content_text":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.\nShould the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase & Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.\n“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”\nCarmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.\nIn the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.\nThe main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.\nThe boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.\nThe increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.\nThey also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.\nFord and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.\n“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”\nBMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.\nLonger term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.\n“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.\nJeep maker Stellantis NV -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.\n“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at Morgan Stanley wrote in a note. “It’s a seller’s market in autos.”","news_type":1,"symbols_score_info":{"STLA":0.9}},"isVote":1,"tweetType":1,"viewCount":725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190847501,"gmtCreate":1620612644003,"gmtModify":1634197701096,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"I am trying to leave a comment...","listText":"I am trying to leave a comment...","text":"I am trying to leave a comment...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190847501","repostId":"2133686350","repostType":4,"repost":{"id":"2133686350","kind":"news","pubTimestamp":1620608400,"share":"https://ttm.financial/m/news/2133686350?lang=&edition=full","pubTime":"2021-05-10 09:00","market":"us","language":"en","title":"Cars Keep Getting Pricier and the Commodity Boom Makes It Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=2133686350","media":"Bloomberg","summary":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,","content":"<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.</p>\n<p>Many of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.</p>\n<p>Should the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase &amp; Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.</p>\n<p>“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”</p>\n<p>Carmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.</p>\n<p>In the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.</p>\n<p>The main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.</p>\n<p>The boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.</p>\n<p>The increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.</p>\n<p>They also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.</p>\n<p>Ford and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.</p>\n<p>“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”</p>\n<p>BMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.</p>\n<p>Longer term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.</p>\n<p>“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.</p>\n<p>Jeep maker <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.</p>\n<p>“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> wrote in a note. “It’s a seller’s market in autos.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cars Keep Getting Pricier and the Commodity Boom Makes It Worse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCars Keep Getting Pricier and the Commodity Boom Makes It Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STLA":"Stellantis NV"},"source_url":"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133686350","content_text":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.\nShould the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase & Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.\n“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”\nCarmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.\nIn the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.\nThe main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.\nThe boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.\nThe increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.\nThey also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.\nFord and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.\n“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”\nBMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.\nLonger term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.\n“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.\nJeep maker Stellantis NV -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.\n“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at Morgan Stanley wrote in a note. “It’s a seller’s market in autos.”","news_type":1,"symbols_score_info":{"STLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190847951,"gmtCreate":1620612611273,"gmtModify":1634197701658,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Go to go?😏","listText":"Go to go?😏","text":"Go to go?😏","images":[{"img":"https://static.tigerbbs.com/dbfe5055210e003493505f5941c02302","width":"1080","height":"2101"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190847951","isVote":1,"tweetType":1,"viewCount":1052,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107413641,"gmtCreate":1620528327783,"gmtModify":1634198237849,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Ok good","listText":"Ok good","text":"Ok good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107413641","repostId":"1173129939","repostType":4,"repost":{"id":"1173129939","kind":"news","pubTimestamp":1620452048,"share":"https://ttm.financial/m/news/1173129939?lang=&edition=full","pubTime":"2021-05-08 13:34","market":"us","language":"en","title":"U.S. auto part makers brace for a bumpy ride as chip shortage to intensify","url":"https://stock-news.laohu8.com/highlight/detail?id=1173129939","media":"Nasdaq","summary":"By Ankit Ajmera\nMay 7 (Reuters)-U.S. auto parts suppliers warned of more production cuts at major au","content":"<p>By Ankit Ajmera</p>\n<p>May 7 (Reuters)-U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales.</p>\n<p>The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers' preference for personal transport amid the health crisis.</p>\n<p>\"We've embedded a 3% reduction in industry production to factor in what we're anticipating and expecting as further announced downtime that hasn't been publicly announced at this point,\" Lear CorpLEA.NChief Financial Officer Jason Cardew said on Friday.</p>\n<p>\"We have line of sight on a more meaningful reduction (in production) in the second quarter than IHS Markit and others are projecting,\" Cardew said.</p>\n<p>Ford Motor CoF.N, a major customer for Lear and peers including BorgWarnerBWA.Nand Magna InternationalMG.TO, has said the chip shortage would halve its vehicle output in the second quarter.</p>\n<p>Europe's VolkswagenVOWG_p.DE, another customer for the three suppliers, has said it is in \"crisis mode\" over the lack of badly needed automotive chips, with the shortage intensifying and hitting its profits in the second quarter.</p>\n<p>Lear, which makes automotive seating, cut its global vehicle production forecast to a 9% rise, from up to 12% it had predicted at the beginning of the year, while also expecting second-quarter revenue to fall 9% from the first.</p>\n<p>Auto suppliers also cautioned that the pain from the shortage could linger at least until the next year.</p>\n<p>\"We don't expect the supply/demand imbalance to fully recover to normalized levels until 2022,\" said Joseph Massaro, chief financial officer of AptivAPTV.N, a maker of advanced driver assistance systems, vehicle computers and high-voltage cabling.</p>\n<p>Auto suppliers are also grappling with pressure on their margins from rising costs of key inputs such as steel and copper.</p>\n<p>However, many expect to offset some of those costs as automaker customers focus on building higher margin, more profitable pickup trucks and sport utility vehicles.</p>\n<p>\"On the biggest raw material purchases, we have about 60% pass through with our customers,\" BorgWarner Chief Executive Officer Frederic Lissalde said.</p>\n<p>Still, most suppliers have raised or reaffirmed their full-year financial outlooks, thanks to the better-than-expected performance in the first quarter.</p>\n<p>Analysts highlighted risks associated with the production outlooks from some suppliers as chip demand rises from other sectors such as enterprise, cloud and consumer electronics following speedy COVID-19 vaccinations and economies reopening.</p>\n<p>\"The question in my mind is can this (production loss) be made up later on in the year. And that's really an unknown,\" Magna Chief Financial Officer Vincent Galifi said.</p>","source":"lsy1603171495471","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>U.S. auto part makers brace for a bumpy ride as chip shortage to intensify</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. auto part makers brace for a bumpy ride as chip shortage to intensify\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/u.s.-auto-part-makers-brace-for-a-bumpy-ride-as-chip-shortage-to-intensify-2021-05-07><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Ankit Ajmera\nMay 7 (Reuters)-U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/u.s.-auto-part-makers-brace-for-a-bumpy-ride-as-chip-shortage-to-intensify-2021-05-07\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车"},"source_url":"https://www.nasdaq.com/articles/u.s.-auto-part-makers-brace-for-a-bumpy-ride-as-chip-shortage-to-intensify-2021-05-07","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173129939","content_text":"By Ankit Ajmera\nMay 7 (Reuters)-U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales.\nThe chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers' preference for personal transport amid the health crisis.\n\"We've embedded a 3% reduction in industry production to factor in what we're anticipating and expecting as further announced downtime that hasn't been publicly announced at this point,\" Lear CorpLEA.NChief Financial Officer Jason Cardew said on Friday.\n\"We have line of sight on a more meaningful reduction (in production) in the second quarter than IHS Markit and others are projecting,\" Cardew said.\nFord Motor CoF.N, a major customer for Lear and peers including BorgWarnerBWA.Nand Magna InternationalMG.TO, has said the chip shortage would halve its vehicle output in the second quarter.\nEurope's VolkswagenVOWG_p.DE, another customer for the three suppliers, has said it is in \"crisis mode\" over the lack of badly needed automotive chips, with the shortage intensifying and hitting its profits in the second quarter.\nLear, which makes automotive seating, cut its global vehicle production forecast to a 9% rise, from up to 12% it had predicted at the beginning of the year, while also expecting second-quarter revenue to fall 9% from the first.\nAuto suppliers also cautioned that the pain from the shortage could linger at least until the next year.\n\"We don't expect the supply/demand imbalance to fully recover to normalized levels until 2022,\" said Joseph Massaro, chief financial officer of AptivAPTV.N, a maker of advanced driver assistance systems, vehicle computers and high-voltage cabling.\nAuto suppliers are also grappling with pressure on their margins from rising costs of key inputs such as steel and copper.\nHowever, many expect to offset some of those costs as automaker customers focus on building higher margin, more profitable pickup trucks and sport utility vehicles.\n\"On the biggest raw material purchases, we have about 60% pass through with our customers,\" BorgWarner Chief Executive Officer Frederic Lissalde said.\nStill, most suppliers have raised or reaffirmed their full-year financial outlooks, thanks to the better-than-expected performance in the first quarter.\nAnalysts highlighted risks associated with the production outlooks from some suppliers as chip demand rises from other sectors such as enterprise, cloud and consumer electronics following speedy COVID-19 vaccinations and economies reopening.\n\"The question in my mind is can this (production loss) be made up later on in the year. And that's really an unknown,\" Magna Chief Financial Officer Vincent Galifi said.","news_type":1,"symbols_score_info":{"F":0.9}},"isVote":1,"tweetType":1,"viewCount":936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}