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Icha
Icha
·
2021-08-23
sure!
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Icha
Icha
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2021-08-23
sure
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Icha
·
2021-08-22
Ok
Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.
If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and
Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.
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Icha
Icha
·
2021-08-12
Sure.....
Tesla's Musk says must keep to schedule on European gigafactory - minister
BERLIN, Aug 12 (Reuters) - Tesla CEO Elon Musk has made clear how important it is for the company to
Tesla's Musk says must keep to schedule on European gigafactory - minister
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Icha
Icha
·
2021-08-11
Good.
Here's Why Fisker Stock Shot Up Today
A major Wall Street firm thinks the stock could go to $90.
Here's Why Fisker Stock Shot Up Today
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Icha
Icha
·
2021-08-11
Great..
Boeing delivers 28 airplanes in July; 787s still halted
SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July
Boeing delivers 28 airplanes in July; 787s still halted
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Icha
Icha
·
2021-08-10
Okkkk
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Icha
Icha
·
2021-08-10
Scaryyyy
The Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey
He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed. Here in
The Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey
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Icha
Icha
·
2021-08-10
That's a big number!
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Icha
·
2021-08-09
...Nice
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Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.</p>\n<p><b>Shop Till They Drop</b></p>\n<p>Retailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)</p>\n<p><b>Calling All Hackers</b></p>\n<p>Shares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.</p>\n<p><b>Passing the Baton</b></p>\n<p>Johnson & Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.</p>\n<p><b>Annals of Deal Making</b></p>\n<p>Gene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black & Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.</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\">\nBuffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-22 11:56 GMT+8 <a href=https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did ...</p>\n\n<a href=\"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y\">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/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176431153","content_text":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.\nBerkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.\nThere were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.\nAs for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.\nAnd it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&P 500index’s total return of about 20%.\nLast WeekPre-Tantrum\nStock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.\nShop Till They Drop\nRetailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)\nCalling All Hackers\nShares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.\nPassing the Baton\nJohnson & Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.\nAnnals of Deal Making\nGene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black & Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895574152,"gmtCreate":1628760882576,"gmtModify":1631891647065,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"Sure.....","listText":"Sure.....","text":"Sure.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895574152","repostId":"2158530942","repostType":4,"repost":{"id":"2158530942","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628758362,"share":"https://ttm.financial/m/news/2158530942?lang=&edition=full","pubTime":"2021-08-12 16:52","market":"us","language":"en","title":"Tesla's Musk says must keep to schedule on European gigafactory - minister","url":"https://stock-news.laohu8.com/highlight/detail?id=2158530942","media":"Reuters","summary":"BERLIN, Aug 12 (Reuters) - Tesla CEO Elon Musk has made clear how important it is for the company to","content":"<p>BERLIN, Aug 12 (Reuters) - Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said.</p>\n<p>Tesla also said it would intensify communication in the site near the town of Gueneheide and involve local citizens more, Steinbach told Reuters after a meeting with Musk in Germany.</p>\n<p>Tesla has pushed back the expected opening of its 5.8 billion euros ($6.8 billion) gigafactory near Berlin to late 2021, blaming German bureaucratic hurdles.</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>Tesla's Musk says must keep to schedule on European gigafactory - minister</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\">\nTesla's Musk says must keep to schedule on European gigafactory - minister\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-12 16:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERLIN, Aug 12 (Reuters) - Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said.</p>\n<p>Tesla also said it would intensify communication in the site near the town of Gueneheide and involve local citizens more, Steinbach told Reuters after a meeting with Musk in Germany.</p>\n<p>Tesla has pushed back the expected opening of its 5.8 billion euros ($6.8 billion) gigafactory near Berlin to late 2021, blaming German bureaucratic hurdles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158530942","content_text":"BERLIN, Aug 12 (Reuters) - Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said.\nTesla also said it would intensify communication in the site near the town of Gueneheide and involve local citizens more, Steinbach told Reuters after a meeting with Musk in Germany.\nTesla has pushed back the expected opening of its 5.8 billion euros ($6.8 billion) gigafactory near Berlin to late 2021, blaming German bureaucratic hurdles.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892982891,"gmtCreate":1628634227713,"gmtModify":1631891647076,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"Good.","listText":"Good.","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/892982891","repostId":"2158254477","repostType":4,"repost":{"id":"2158254477","kind":"highlight","pubTimestamp":1628608620,"share":"https://ttm.financial/m/news/2158254477?lang=&edition=full","pubTime":"2021-08-10 23:17","market":"us","language":"en","title":"Here's Why Fisker Stock Shot Up Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2158254477","media":"Motley Fool","summary":"A major Wall Street firm thinks the stock could go to $90.","content":"<h2>What happened</h2>\n<p>Electric vehicle start-up <b>Fisker</b> (NYSE:FSR) hasn't yet sold a vehicle, and doesn't plan to begin production until November 2022. But a notable analyst with <b><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></b> thinks the company's strategy is sound, and resumed coverage with the equivalent of a buy rating, reports StreetInsider.com. As a result, Fisker shares popped almost 30% at the start of Tuesday's market session. As of 10:25 a.m. EDT, shares remained up more than 20%.</p>\n<h2>So what</h2>\n<p>Morgan Stanley analyst Adam Jonas told clients he has a $40 price target on Fisker, representing 166% upside versus Monday's closing price. In addition, due to Fisker's strategy to contract out the capital-intensive manufacturing process, Jonas has a bull-case scenario that he said could make the stock worth $90 per share.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F638576%2Ffisker-ocean1.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>Image source: Fisker.</span></p>\n<h2>Now what</h2>\n<p>Fisker is taking a fairly unique approach compared to most other electric car makers. It has a long-term manufacturing agreement with <b>Magna International</b> for its Magna Steyr subsidiary to produce the Fisker Ocean electric SUV in its plant in Austria. Magna Steyr works with several global automakers to develop and build vehicles on a contractual basis. Jonas believes Fisker will use that strategy \"to derisk the ramp, accelerate time to market, and provide a path to scale and profitability.\"</p>\n<p>That optimism mirrors what the company believes. When the two companies announced the long-term manufacturing agreement in June 2021, CEO Henrik Fisker touted the relationship that teams up software engineers in California with the manufacturing team in Austria. \"Our asset-lite model, reinforced by partners like Magna, is powering Fisker toward its planned delivery of the Ocean with features and functions exceeding our original aspirations,\" he said.</p>\n<p>Still, there is a lot of confidence involved in valuing the stock at even $40 per share. That implies a market capitalization of almost $12 billion. Investors should remember that, and realize the story may still take a long time to play out.</p>","source":"fool_stock","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>Here's Why Fisker Stock Shot Up Today</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\">\nHere's Why Fisker Stock Shot Up Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 23:17 GMT+8 <a href=https://www.fool.com/investing/2021/08/10/heres-why-fisker-stock-shot-up-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nElectric vehicle start-up Fisker (NYSE:FSR) hasn't yet sold a vehicle, and doesn't plan to begin production until November 2022. But a notable analyst with Morgan Stanley thinks the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/10/heres-why-fisker-stock-shot-up-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://www.fool.com/investing/2021/08/10/heres-why-fisker-stock-shot-up-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158254477","content_text":"What happened\nElectric vehicle start-up Fisker (NYSE:FSR) hasn't yet sold a vehicle, and doesn't plan to begin production until November 2022. But a notable analyst with Morgan Stanley thinks the company's strategy is sound, and resumed coverage with the equivalent of a buy rating, reports StreetInsider.com. As a result, Fisker shares popped almost 30% at the start of Tuesday's market session. As of 10:25 a.m. EDT, shares remained up more than 20%.\nSo what\nMorgan Stanley analyst Adam Jonas told clients he has a $40 price target on Fisker, representing 166% upside versus Monday's closing price. In addition, due to Fisker's strategy to contract out the capital-intensive manufacturing process, Jonas has a bull-case scenario that he said could make the stock worth $90 per share.\nImage source: Fisker.\nNow what\nFisker is taking a fairly unique approach compared to most other electric car makers. It has a long-term manufacturing agreement with Magna International for its Magna Steyr subsidiary to produce the Fisker Ocean electric SUV in its plant in Austria. Magna Steyr works with several global automakers to develop and build vehicles on a contractual basis. Jonas believes Fisker will use that strategy \"to derisk the ramp, accelerate time to market, and provide a path to scale and profitability.\"\nThat optimism mirrors what the company believes. When the two companies announced the long-term manufacturing agreement in June 2021, CEO Henrik Fisker touted the relationship that teams up software engineers in California with the manufacturing team in Austria. \"Our asset-lite model, reinforced by partners like Magna, is powering Fisker toward its planned delivery of the Ocean with features and functions exceeding our original aspirations,\" he said.\nStill, there is a lot of confidence involved in valuing the stock at even $40 per share. That implies a market capitalization of almost $12 billion. Investors should remember that, and realize the story may still take a long time to play out.","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":2389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892982014,"gmtCreate":1628634180738,"gmtModify":1631891647085,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"Great..","listText":"Great..","text":"Great..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/892982014","repostId":"2158772124","repostType":4,"repost":{"id":"2158772124","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628608500,"share":"https://ttm.financial/m/news/2158772124?lang=&edition=full","pubTime":"2021-08-10 23:15","market":"us","language":"en","title":"Boeing delivers 28 airplanes in July; 787s still halted","url":"https://stock-news.laohu8.com/highlight/detail?id=2158772124","media":"Reuters","summary":"SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July ","content":"<p>SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.</p>\n<p>The closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.</p>\n<p>Of the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, <a href=\"https://laohu8.com/S/AONE.U\">one</a> was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.</p>\n<p>As well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.</p>\n<p>The Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.</p>\n<p>Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.</p>\n<p>Boeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.</p>\n<p>It has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.</p>\n<p>Overall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.</p>\n<p>Boeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.</p>\n<p>However, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.</p>\n<p>Factoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.</p>\n<p>Overall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.</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>Boeing delivers 28 airplanes in July; 787s still halted</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\">\nBoeing delivers 28 airplanes in July; 787s still halted\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-10 23:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.</p>\n<p>The closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.</p>\n<p>Of the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, <a href=\"https://laohu8.com/S/AONE.U\">one</a> was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.</p>\n<p>As well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.</p>\n<p>The Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.</p>\n<p>Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.</p>\n<p>Boeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.</p>\n<p>It has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.</p>\n<p>Overall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.</p>\n<p>Boeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.</p>\n<p>However, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.</p>\n<p>Factoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.</p>\n<p>Overall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158772124","content_text":"SEATTLE, Aug 10 (Reuters) - Boeing Co said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U.S. planemaker's 787 remained in inventory for a fourth month due to defects.\nThe closely watched monthly orders and deliveries snapshot comes as Boeing bids to recoup billions of dollars in lost sales from the coronavirus pandemic, and move beyond the safety scandal caused by two fatal 737 MAX crashes.\nOf the aircraft Boeing delivered to airlines and other buyers in July, 22 were 737 MAX single-aisle jets, one was a P-8 maritime patrol aircraft for the U.S. Navy, and the remaining five were widebodies. The widebodies included one KC-46 tanker to the U.S. Air Force and four freighters.\nAs well as aiming to raise 737 MAX deliveries, Boeing is also dealing with structural defects of its bigger, more profitable 787 planes, deliveries of which have been halted twice since 2020. Boeing has been forced to cut production, though it has on occasion handed over the jet to buyers.\nThe Federal Aviation Administration (FAA) confirmed on July 12 that some undelivered Boeing 787s have a new manufacturing quality issue the planemaker will need fix before the planes will be delivered. A source told Reuters that it may be at least several more weeks before the issue is resolved.\nDeliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the aircraft.\nBoeing is eying a strong recovery in domestic travel in the United States and other markets, though international passenger travel remains depressed.\nIt has delivered 154 737 MAX jets since that aircraft returned to service in November 2020 following a nearly two-year safety ban after the fatal crashes.\nOverall, Boeing delivered 184 jetliners for the year through July, according to the latest data made available by the planemaker.\nBoeing said it received orders in July for 31 aircraft, including 19 of its 737 MAX jets, and 12 of its larger widebodies.\nHowever, airlines in July cancelled orders for 17 jets, including 15 MAXs and two 787s. For the first half of the year, Boeing also removed 11 of its 787s from its backlog after applying stricter accounting standards to previously booked orders.\nFactoring in cancelled orders, instances where a buyer converted to another jet model and accounting adjustments, Boeing's order tally for July stood at 14 – the sixth straight month of positive net orders for Boeing.\nOverall, Boeing's total backlog decreased by 14 jets to 4,141 aircraft in July, from 4,155 at the end of June, it said.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896045178,"gmtCreate":1628548554794,"gmtModify":1631891647100,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"Okkkk","listText":"Okkkk","text":"Okkkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/896045178","repostId":"2158478684","repostType":4,"isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896045931,"gmtCreate":1628548532323,"gmtModify":1631891647109,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"Scaryyyy","listText":"Scaryyyy","text":"Scaryyyy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/896045931","repostId":"1178202513","repostType":4,"repost":{"id":"1178202513","kind":"news","pubTimestamp":1628522716,"share":"https://ttm.financial/m/news/1178202513?lang=&edition=full","pubTime":"2021-08-09 23:25","market":"us","language":"en","title":"The Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey","url":"https://stock-news.laohu8.com/highlight/detail?id=1178202513","media":"Bloomberg","summary":"He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed.\nHere in","content":"<p>He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed.</p>\n<p>Here in suburban Tenafly, 15 miles from midtown Manhattan, few would guess that this unassuming figure is none other than Bill Hwang — the man whojust lost more than $20 billion.</p>\n<p>“Billion with a B?” gasps a neighbor down the block, when told of the epic blowup at Hwang’s Archegos Capital Management.</p>\n<p>Yes, billion, with a B, as shocked lenders can attest. Four months after Archegos rocked global finance, bankers and federal authorities are still sifting through the wreckage. The liquidator who mopped up after Lehman Brothers has now come for Archegos. Some colleagues have turned on Hwang; others hope he’ll bankroll hedge funds that might yet rise from the ashes.</p>\n<p>U.S. prosecutors are asking questions, too, including the big one: Was all of this another spectacle of Wall Street greed and hubris, or was it something worse? Credit Suisse Group AG, staggered by a $5.5 billion blow, says it was likely deceived by Hwang’s family office.</p>\n<p>Hwang is groping for answers of his own. He amassed one of the world’s great fortunes in virtual secrecy — and then lost it, very publicly, in a blink. In the easeful heat of this summer morning, he’s awaiting a call with a retired U.S. general who, he hopes, might provide some counsel. He’s dressed like your average American soccer dad: teal shirt, blue cargo pants, Adidas slides. He has a pad of paper and a pen handy. An 8-ounce plastic bottle of Poland Spring water stands on the white plastic table which, like the chair, could have come from Costco.</p>\n<p>At hand, too, is a Christian pamphlet — a testament to the faith that’s guided Hwang as he made dangerous bets in the markets and was even charged with insider trading in the past. The title is Armor of God, a reference to Ephesians 6:11 — “Put on the full armor of God, so that you can take your stand against the devil’s schemes.”</p>\n<p>Hwang is relaxed, self-deprecating and reflective in a brief conversation, but declines to discuss the Archegos fiasco or his next steps. He’s been lying low here in New Jersey, in this tidy borough of 15,000, beyond The Palisades cliffs that rise above the Hudson River. He is not exactly a Wall Street Napoleon exiled to Elba: Hwang has lived here for years, in the same house, with cobwebs in the eaves and hedges out front. A Mercedes sits in the driveway. “Black Lives Matter” signs dot neighbors’ manicured lawns. Homes on this tree-softened street tend to sell for a few million dollars — a modest price, for a billionaire.</p>\n<p>It’s difficult to square Hwang’s mostly unglamorous life here with the portrait of him that has emerged over the past few months. By all accounts he eschews the trappings of extravagant wealth. At the Tenafly Classic Diner, where the “NJ Sandwich” goes for $6.95, the servers say he’s been known to stop by, but haven’t seen him lately. More recently he’s been chauffeuring his family around town, in between coping with one of the biggest debacles in Wall Street history.</p>\n<p>Credit Suisse provided the first official peek into the flameout. A 172-page autopsy, released publicly on July 29, exposed a litany of management failures at Credit Suisse. But the embattled lender also says “it seems likely that Archegos deceived CS and obfuscated the true extent of its positions, which Archegos amassed in the midst of an unprecedented global pandemic.”</p>\n<p>This account also hints at a shift in Hwang’s strategy that has baffled outsiders. Archegos had grown rapidly by making huge bets on established FAANG stocks — blue-chip U.S. technology companies. But by last year, it was plowing money into risker bets like ViacomCBS and several U.S.-listed Chinese stocks, some of which had been targeted by short sellers.</p>\n<p>When the banks began dumping Hwang’s portfolio, these shares tumbled. And a more recent crackdown by the Chinese government has further decimated many of Hwang’s favored bets.</p>\n<p>For Hwang’s family office, now comes the inevitable: liquidation. Only months ago, it boasted holdings — built on borrowed money — valued at more than $120 billion. Today, everyone is lining up for the scraps.</p>\n<p>The person handling the liquidation is David Pauker, the specialist who stepped in after Lehman failed during the 2008 financial crisis. More recently Pauker worked on the restructuring of Steinhoff International Holdings, the South African furniture retailer that nearly collapsed after an accounting scandal in 2017. He declined to comment on pending matters.</p>\n<p>Across the river from Tenafly, at Hwang’s midtown Manhattan office, his landlord is suing Archegos for unpaid rent. Like building owners citywide, real-estate giant Vornado Realty Trust — run by billionaire Steven Roth — has been stung by the pandemic. It’s trying to recoup $159,165.55 from Archegos.</p>\n<p>Hwang’s 38th-floor offices in the building across from Carnegie Hall have mostly been emptied, and his Christian charity, the Grace and Mercy Foundation, has decamped to a cheaper 22nd floor in the same building. The foundation had more than $600 million in assets as of 2019, according to its most recent tax filings. It had even more money in early 2021, according to a person familiar with the matter.</p>\n<p>The size of Bill Hwang’s fortune remains uncertain. Former employees have been grousing that while they’ve been wiped out, Hwang, through private investments and other holdings away from Archegos, could still be a billionaire.</p>\n<p>One such investment was the seed money he poured into four of Cathie Wood’s exchange traded funds that have exploded in popularity thanks to their market-beating returns.</p>\n<p>Banks are haggling with Hwang’s team to figure out the size of his remaining wealth and whether they can claw back any of it. Credit Suisse has said it will seek to recoup money from Archegos and its related entities and individuals. The Swiss bank also flagged in its findings that Hwang’s firm took out more than $2 billion in excess margin from its account with the lender in the days before the collapse.</p>\n<p>The Department of Justice has been moving ahead with a probe into the blowup. At least one line of questioning has revolved around the communication between Hwang’s top associate Andy Mills and the lenders, and whether he may have misled them in the week of the crash, according to a person interviewed by prosecutors.</p>\n<p>“The assertion that Andy Mills or anyone at Archegos misled the banks during the week of March 22 is untrue in every respect,” a spokesman for Archegos said.</p>\n<p>The Archegos debacle has fractured ties between Hwang and some former colleagues, who are fighting to recoup deferred compensation that was tied up with the firm. Part of their annual bonuses — which amounted to about $50 million — was invested alongside Hwang and rocketed in value with his portfolio, people familiar with the matter said. They want Hwang to carve out cash from money he may have set aside elsewhere.</p>\n<p>One of Archegos’s employees has put his home in Manhattan and another on Long Island up for sale, according to real-estate listings.</p>\n<p>Despite everything, Hwang is trying to push forward. He’s investing his remaining money, and occasionally crossing the Hudson to catch dinner at a New York restaurant. He spends spare hours as he has for much of his adult life: praying, reading Christian-themed literature, and listening to recordings of the Bible. He’s recently been reading “The Screwtape Letters” by C.S. Lewis, looking for guidance to navigating the current troubles. A satirical epistolary novel, the book features the demon Screwtape writing letters of advice to his nephew, Wormwood, who is trying to win the soul of a young man.</p>\n<p>Others are trying to move on too. Hwang has promised to throw his weight, if not his money, behind at least three funds being launched by protégés. Hwang named his firm Archegos, an ancient Greek word for leader or author, a reference to Jesus. The names of two of the new funds reflect the cataclysm at Archegos. One is Red Ember Capital and the other is AriseN Partners.</p>","source":"lsy1584095487587","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 Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey</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\">\nThe Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 23:25 GMT+8 <a href=https://www.bloomberg.com/news/features/2021-08-09/where-is-bill-hwang-the-man-who-lost-20-billion-after-archegos-collapsed><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed.\nHere in suburban Tenafly, 15 miles from midtown Manhattan, few would guess that this unassuming figure is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2021-08-09/where-is-bill-hwang-the-man-who-lost-20-billion-after-archegos-collapsed\">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.bloomberg.com/news/features/2021-08-09/where-is-bill-hwang-the-man-who-lost-20-billion-after-archegos-collapsed","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178202513","content_text":"He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed.\nHere in suburban Tenafly, 15 miles from midtown Manhattan, few would guess that this unassuming figure is none other than Bill Hwang — the man whojust lost more than $20 billion.\n“Billion with a B?” gasps a neighbor down the block, when told of the epic blowup at Hwang’s Archegos Capital Management.\nYes, billion, with a B, as shocked lenders can attest. Four months after Archegos rocked global finance, bankers and federal authorities are still sifting through the wreckage. The liquidator who mopped up after Lehman Brothers has now come for Archegos. Some colleagues have turned on Hwang; others hope he’ll bankroll hedge funds that might yet rise from the ashes.\nU.S. prosecutors are asking questions, too, including the big one: Was all of this another spectacle of Wall Street greed and hubris, or was it something worse? Credit Suisse Group AG, staggered by a $5.5 billion blow, says it was likely deceived by Hwang’s family office.\nHwang is groping for answers of his own. He amassed one of the world’s great fortunes in virtual secrecy — and then lost it, very publicly, in a blink. In the easeful heat of this summer morning, he’s awaiting a call with a retired U.S. general who, he hopes, might provide some counsel. He’s dressed like your average American soccer dad: teal shirt, blue cargo pants, Adidas slides. He has a pad of paper and a pen handy. An 8-ounce plastic bottle of Poland Spring water stands on the white plastic table which, like the chair, could have come from Costco.\nAt hand, too, is a Christian pamphlet — a testament to the faith that’s guided Hwang as he made dangerous bets in the markets and was even charged with insider trading in the past. The title is Armor of God, a reference to Ephesians 6:11 — “Put on the full armor of God, so that you can take your stand against the devil’s schemes.”\nHwang is relaxed, self-deprecating and reflective in a brief conversation, but declines to discuss the Archegos fiasco or his next steps. He’s been lying low here in New Jersey, in this tidy borough of 15,000, beyond The Palisades cliffs that rise above the Hudson River. He is not exactly a Wall Street Napoleon exiled to Elba: Hwang has lived here for years, in the same house, with cobwebs in the eaves and hedges out front. A Mercedes sits in the driveway. “Black Lives Matter” signs dot neighbors’ manicured lawns. Homes on this tree-softened street tend to sell for a few million dollars — a modest price, for a billionaire.\nIt’s difficult to square Hwang’s mostly unglamorous life here with the portrait of him that has emerged over the past few months. By all accounts he eschews the trappings of extravagant wealth. At the Tenafly Classic Diner, where the “NJ Sandwich” goes for $6.95, the servers say he’s been known to stop by, but haven’t seen him lately. More recently he’s been chauffeuring his family around town, in between coping with one of the biggest debacles in Wall Street history.\nCredit Suisse provided the first official peek into the flameout. A 172-page autopsy, released publicly on July 29, exposed a litany of management failures at Credit Suisse. But the embattled lender also says “it seems likely that Archegos deceived CS and obfuscated the true extent of its positions, which Archegos amassed in the midst of an unprecedented global pandemic.”\nThis account also hints at a shift in Hwang’s strategy that has baffled outsiders. Archegos had grown rapidly by making huge bets on established FAANG stocks — blue-chip U.S. technology companies. But by last year, it was plowing money into risker bets like ViacomCBS and several U.S.-listed Chinese stocks, some of which had been targeted by short sellers.\nWhen the banks began dumping Hwang’s portfolio, these shares tumbled. And a more recent crackdown by the Chinese government has further decimated many of Hwang’s favored bets.\nFor Hwang’s family office, now comes the inevitable: liquidation. Only months ago, it boasted holdings — built on borrowed money — valued at more than $120 billion. Today, everyone is lining up for the scraps.\nThe person handling the liquidation is David Pauker, the specialist who stepped in after Lehman failed during the 2008 financial crisis. More recently Pauker worked on the restructuring of Steinhoff International Holdings, the South African furniture retailer that nearly collapsed after an accounting scandal in 2017. He declined to comment on pending matters.\nAcross the river from Tenafly, at Hwang’s midtown Manhattan office, his landlord is suing Archegos for unpaid rent. Like building owners citywide, real-estate giant Vornado Realty Trust — run by billionaire Steven Roth — has been stung by the pandemic. It’s trying to recoup $159,165.55 from Archegos.\nHwang’s 38th-floor offices in the building across from Carnegie Hall have mostly been emptied, and his Christian charity, the Grace and Mercy Foundation, has decamped to a cheaper 22nd floor in the same building. The foundation had more than $600 million in assets as of 2019, according to its most recent tax filings. It had even more money in early 2021, according to a person familiar with the matter.\nThe size of Bill Hwang’s fortune remains uncertain. Former employees have been grousing that while they’ve been wiped out, Hwang, through private investments and other holdings away from Archegos, could still be a billionaire.\nOne such investment was the seed money he poured into four of Cathie Wood’s exchange traded funds that have exploded in popularity thanks to their market-beating returns.\nBanks are haggling with Hwang’s team to figure out the size of his remaining wealth and whether they can claw back any of it. Credit Suisse has said it will seek to recoup money from Archegos and its related entities and individuals. The Swiss bank also flagged in its findings that Hwang’s firm took out more than $2 billion in excess margin from its account with the lender in the days before the collapse.\nThe Department of Justice has been moving ahead with a probe into the blowup. At least one line of questioning has revolved around the communication between Hwang’s top associate Andy Mills and the lenders, and whether he may have misled them in the week of the crash, according to a person interviewed by prosecutors.\n“The assertion that Andy Mills or anyone at Archegos misled the banks during the week of March 22 is untrue in every respect,” a spokesman for Archegos said.\nThe Archegos debacle has fractured ties between Hwang and some former colleagues, who are fighting to recoup deferred compensation that was tied up with the firm. Part of their annual bonuses — which amounted to about $50 million — was invested alongside Hwang and rocketed in value with his portfolio, people familiar with the matter said. They want Hwang to carve out cash from money he may have set aside elsewhere.\nOne of Archegos’s employees has put his home in Manhattan and another on Long Island up for sale, according to real-estate listings.\nDespite everything, Hwang is trying to push forward. He’s investing his remaining money, and occasionally crossing the Hudson to catch dinner at a New York restaurant. He spends spare hours as he has for much of his adult life: praying, reading Christian-themed literature, and listening to recordings of the Bible. He’s recently been reading “The Screwtape Letters” by C.S. Lewis, looking for guidance to navigating the current troubles. A satirical epistolary novel, the book features the demon Screwtape writing letters of advice to his nephew, Wormwood, who is trying to win the soul of a young man.\nOthers are trying to move on too. Hwang has promised to throw his weight, if not his money, behind at least three funds being launched by protégés. Hwang named his firm Archegos, an ancient Greek word for leader or author, a reference to Jesus. The names of two of the new funds reflect the cataclysm at Archegos. One is Red Ember Capital and the other is AriseN Partners.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896042066,"gmtCreate":1628548383855,"gmtModify":1631891647122,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"That's a big number!","listText":"That's a big number!","text":"That's a big number!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/896042066","repostId":"1178191338","repostType":4,"isVote":1,"tweetType":1,"viewCount":1041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898106993,"gmtCreate":1628476123412,"gmtModify":1631891647135,"author":{"id":"4089380950571960","authorId":"4089380950571960","name":"Icha","avatar":"https://static.tigerbbs.com/704f61fb9550e96aa08b1a8776b68121","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089380950571960","authorIdStr":"4089380950571960"},"themes":[],"htmlText":"...Nice","listText":"...Nice","text":"...Nice","images":[{"img":"https://static.tigerbbs.com/e82d1d71c9764fd9608d2b9059ff02e2","width":"1080","height":"3145"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898106993","isVote":1,"tweetType":1,"viewCount":1114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}