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42a4eeda

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2021-12-17

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Tech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO

2021-11-24

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Health Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO

2021-11-19

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Intuit jumped over 12% in morning trading after showing its better than expected financial report

2021-12-25

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What are MKM Partners 'Black Swan' Internet predictions for 2022?

2021-11-05

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Canada Goose beats quarterly revenue estimates on strong demand

2021-07-12

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抱歉，原内容已删除

2021-12-05

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US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week

2021-11-22

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Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week

2021-11-21

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Why Ford Is Terminating Its Joint EV Development Plan With Rivian?

2021-11-17

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Retail boost helps lift S&P 500

2021-11-15

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Retail sales, Walmart and Target earnings: What to know this week

2021-10-24

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US IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week

2021-09-30

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2021 Global Market Outlook - Q4 Update: Growing Pains

2021-12-07

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Wall Street regains some ground with help from easing virus fears

2021-11-26

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Traders Unwind Rate-Hike Bets as New Covid Fears Spread

2021-07-05

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Is the Stock Market Open or Closed on Independence Day?

2021-07-04

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Suze Orman worries about a market crash — here's what you should do

2021-06-10

$Aurora Mobile Ltd(JG)$ Aurora Mobile Ltd (JG.US) Q1 performance exceeded expectations. SAAS business revenue increased by 56% year-on-year to RMB 76.6 million And we are down 6% today... im amazed.

2021-06-05

$Orbital Energy Group(OEG)$:(

2021-12-08

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Why Lordstown Stock Might Fall Even Further

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10:10","market":"us","language":"en","title":"3 Best Buffett Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2193917872","media":"Motley Fool","summary":"Each of these three big pharma stocks are featured in Berkshire Hathaway's massive portfolio.","content":"<p>Since Warren Buffett took full control of <b>Berkshire Hathaway</b> in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of writing.</p>\n<p>The Oracle of Omaha's reputation of buying the highest quality businesses means that many individual investors could also benefit from adding these stocks to their portfolios. Here are three healthcare stocks that Buffett owns, which you may also want to consider buying and holding for the long run.</p>\n<h2>1. Johnson &amp; Johnson</h2>\n<p>The first pharma stock within Berkshire's portfolio to contemplate purchasing is <b>Johnson &amp; Johnson</b> (NYSE:JNJ). While the stock is one of Buffett's smallest holdings, valued at just under $55 million, this doesn't take away from its 59 consecutive years of dividend increases that make the stock a Dividend King.</p>\n<p>J&amp;J will be spinning off its slower-growing and less profitable consumer health segment in the next 18 to 24 months, which should allow the company to focus on its faster-growing, more profitable pharmaceutical segment.</p>\n<p>J&amp;J has a strong existing drug portfolio, which should be able to make up for the upcoming 2025 to 2026 patent expirations for its top-selling drug known, Stelara. Year to date, the immunology drug made up just 9.9% of J&amp;J's $69 billion in net sales.</p>\n<p>These drugs include the immunology blockbuster Tremfya, which received its first of three U.S. Food and Drug Administration (FDA) approvals to date in July 2017. Another drug that was recently approved by the FDA was the oncology blockbuster called Darzalex, which received its first of nine FDA approvals to date in November 2015. These two drugs have grown their year-to-date revenue at high-40% clips year over year and should remain under patent most of this decade.</p>\n<p>J&amp;J's enviable existing drug portfolio and its nearly four dozen indications in late-stage clinical trials explain why analysts anticipate that the stock will deliver 8% annual non-GAAP (adjusted) earnings per share (EPS) growth over the next five years.</p>\n<p>Income investors can scoop up J&amp;J's 2.5% dividend yield at a forward P/E ratio of just 16.2 times, which makes the steady healthcare stock a great buy for the long term.</p>\n<h2>2. Bristol Myers Squibb</h2>\n<p>Another Buffett stock that could be a great fit in your portfolio is <b>Bristol Myers Squibb</b> (NYSE:BMY). Berkshire's Bristol Myers Squibb stake totals nearly $1.4 billion, making it one of the largest healthcare holdings in Berkshire's portfolio.</p>\n<p>Bristol Myers Squibb's oncology blockbusters Revlimid and Opdivo and the anticoagulant blockbuster co-owned with <b>Pfizer</b> (NYSE:PFE) named Eliquis each face patent expirations later this decade. While looming patent expirations on three drugs that account for approximately two-thirds of your company's total revenue sounds frightening, this is nothing new; it's just the nature of Bristol Myers Squibb's industry.</p>\n<p>What matters most is that a company is proactive in developing and acquiring its next generation of blockbuster drugs to absorb key patent expirations. With more than 50 compounds in over 40 different disease areas currently in development at Bristol Myers Squibb, this is exactly what the company has been doing for years now.</p>\n<p>As a result, analysts are projecting that Bristol Myers Squibb will be able to generate 6% annual earnings growth through the next five years.</p>\n<p>Yield-hungry investors can buy Bristol Myers Squibb's market-crushing 3.5% yield at a ridiculously cheap forward P/E ratio of 7.9, which is what makes the stock a buy for those looking to hedge against inflation.</p>\n<h2>3. AbbVie</h2>\n<p>Finally, a Buffett stock that'd also be a good fit for income investors is <b>AbbVie</b> (NYSE:ABBV). Berkshire currently holds about $1.9 billion worth of AbbVie stock.</p>\n<p>It's well known at this point that the biopharmaceutical's top-selling drug in the world, Humira, will be facing intense biosimilar competition in the U.S. beginning in 2023. Even though the immunology drug's U.S. sales made up 31% of AbbVie's $41.24 billion total year-to-date sales, the company's pipeline should be able to stabilize and grow its net revenue beyond 2023.</p>\n<p>AbbVie has 54 compounds in various stages of clinical trials, which is why analysts are forecasting that the stock will grow its adjusted EPS 4.5% annually in the next five years.</p>\n<p>AbbVie's massive 4.4% dividend yield can be picked up at a forward P/E ratio of only 9.3.&nbsp;This is an attractive valuation for a stock with the ability to fight off inflation with healthy dividend hikes.</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>3 Best Buffett Stocks to Buy for the Long Haul</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\">\n3 Best Buffett Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-25 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since Warren Buffett took full control of Berkshire Hathaway in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABBV":"艾伯维公司","JNJ":"强生","BMY":"施贵宝"},"source_url":"https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193917872","content_text":"Since Warren Buffett took full control of Berkshire Hathaway in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of writing.\nThe Oracle of Omaha's reputation of buying the highest quality businesses means that many individual investors could also benefit from adding these stocks to their portfolios. Here are three healthcare stocks that Buffett owns, which you may also want to consider buying and holding for the long run.\n1. Johnson & Johnson\nThe first pharma stock within Berkshire's portfolio to contemplate purchasing is Johnson & Johnson (NYSE:JNJ). While the stock is one of Buffett's smallest holdings, valued at just under $55 million, this doesn't take away from its 59 consecutive years of dividend increases that make the stock a Dividend King.\nJ&J will be spinning off its slower-growing and less profitable consumer health segment in the next 18 to 24 months, which should allow the company to focus on its faster-growing, more profitable pharmaceutical segment.\nJ&J has a strong existing drug portfolio, which should be able to make up for the upcoming 2025 to 2026 patent expirations for its top-selling drug known, Stelara. Year to date, the immunology drug made up just 9.9% of J&J's $69 billion in net sales.\nThese drugs include the immunology blockbuster Tremfya, which received its first of three U.S. Food and Drug Administration (FDA) approvals to date in July 2017. Another drug that was recently approved by the FDA was the oncology blockbuster called Darzalex, which received its first of nine FDA approvals to date in November 2015. These two drugs have grown their year-to-date revenue at high-40% clips year over year and should remain under patent most of this decade.\nJ&J's enviable existing drug portfolio and its nearly four dozen indications in late-stage clinical trials explain why analysts anticipate that the stock will deliver 8% annual non-GAAP (adjusted) earnings per share (EPS) growth over the next five years.\nIncome investors can scoop up J&J's 2.5% dividend yield at a forward P/E ratio of just 16.2 times, which makes the steady healthcare stock a great buy for the long term.\n2. Bristol Myers Squibb\nAnother Buffett stock that could be a great fit in your portfolio is Bristol Myers Squibb (NYSE:BMY). Berkshire's Bristol Myers Squibb stake totals nearly $1.4 billion, making it one of the largest healthcare holdings in Berkshire's portfolio.\nBristol Myers Squibb's oncology blockbusters Revlimid and Opdivo and the anticoagulant blockbuster co-owned with Pfizer (NYSE:PFE) named Eliquis each face patent expirations later this decade. While looming patent expirations on three drugs that account for approximately two-thirds of your company's total revenue sounds frightening, this is nothing new; it's just the nature of Bristol Myers Squibb's industry.\nWhat matters most is that a company is proactive in developing and acquiring its next generation of blockbuster drugs to absorb key patent expirations. With more than 50 compounds in over 40 different disease areas currently in development at Bristol Myers Squibb, this is exactly what the company has been doing for years now.\nAs a result, analysts are projecting that Bristol Myers Squibb will be able to generate 6% annual earnings growth through the next five years.\nYield-hungry investors can buy Bristol Myers Squibb's market-crushing 3.5% yield at a ridiculously cheap forward P/E ratio of 7.9, which is what makes the stock a buy for those looking to hedge against inflation.\n3. AbbVie\nFinally, a Buffett stock that'd also be a good fit for income investors is AbbVie (NYSE:ABBV). Berkshire currently holds about $1.9 billion worth of AbbVie stock.\nIt's well known at this point that the biopharmaceutical's top-selling drug in the world, Humira, will be facing intense biosimilar competition in the U.S. beginning in 2023. Even though the immunology drug's U.S. sales made up 31% of AbbVie's $41.24 billion total year-to-date sales, the company's pipeline should be able to stabilize and grow its net revenue beyond 2023.\nAbbVie has 54 compounds in various stages of clinical trials, which is why analysts are forecasting that the stock will grow its adjusted EPS 4.5% annually in the next five years.\nAbbVie's massive 4.4% dividend yield can be picked up at a forward P/E ratio of only 9.3. This is an attractive valuation for a stock with the ability to fight off inflation with healthy dividend hikes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698610752,"gmtCreate":1640364986477,"gmtModify":1640364986691,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698610752","repostId":"1156159690","repostType":4,"repost":{"id":"1156159690","kind":"news","pubTimestamp":1640335867,"share":"https://www.laohu8.com/m/news/1156159690?lang=&edition=full","pubTime":"2021-12-24 16:51","market":"us","language":"en","title":"What are MKM Partners 'Black Swan' Internet predictions for 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156159690","media":"seekingalpha","summary":"As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Bla","content":"<p>As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.</p>\n<p>So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Black Swan\"--or, High-Impact-Low-Probability [HILP]--predictions for 2022. Kulkarni said these ideas \"have a very low likelihood of occurrence, but we wouldn't assign a zero probability\" chance of then happening.</p>\n<p>The \"HILP\" predictions Kulkarni has for 2022 include \"consumers [will] return to brick and mortar stores and millennials and Gen Z start watching TV.\" Kulkarni said this could result from Covid-19 vaccinations reaching mass-population levels and reaching an end to the pandemic.</p>\n<p>Kulkarni said Facebook's(NASDAQ:FB)<a href=\"https://laohu8.com/S/CASH\">Meta</a> could launch its own cryptocurrency that could start displacing several traditional fiat currencies, and that mega cap tech companies will manage to not pay any fines to U.S. or European regulators regarding legal cases currently in the works.</p>\n<p>\"We have stopped counting the number of lawsuits facing Big Tech,\" Kulkarni said. \"However, there is fairly limited consensus in the ideas or bills presented to date, and Congress has been focused on the pandemic and infrastructure bill for 2021.</p>\n<ul>\n <li>Kulkarni's other Black Swan predictions are:</li>\n <li>SPAC IPOs will outperform traditional IPOs and direct stock listings.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a>(NYSE:UBER)launches its own robotaxi service in several U.S. cities.</li>\n <li><a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(NYSE:TWTR)and Pinterest(NYSE:PINS)are acquired and are no longer independent public companies.</li>\n <li>DoorDash(NYSE:DASH)acquires Instacart for between $40B-50B and spurs a new round of grocery delivery wars.</li>\n <li><a href=\"https://laohu8.com/S/AAPL\">Apple</a>(NASDAQ:AAPL)reaches $10B in annual revenue run rate from advertising due to changes in its iOS ad policies.</li>\n <li>Google's(NASDAQ:GOOG)YouTube get in position to go public.</li>\n <li>Snap(NYSE:SNAP)and TikTok (BDNCE) look to capitalize on their younger audiences by acquiring movie or gaming studios so they can boost their original video content offerings.</li>\n <li>As a \"bonus\" prediction, Kulkarni forecasts that as the pandemic ends, more people will go back to working out at gyms and neighborhood parks, and this will result in difficulty in forecasting sales for the likes of Peloton(NASDAQ:PTON). The home-exercise technology company also had its sails trimmed on Thursday when analysts at Citi cut their price target on Peloton's (PTON) stock to $38 a share on expectations of higher expenses and&nbsp;falling demand for Peloton (PTON) products next year.</li>\n</ul>","source":"seekingalpha","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>What are MKM Partners 'Black Swan' Internet predictions for 2022?</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\">\nWhat are MKM Partners 'Black Swan' Internet predictions for 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-24 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.\nSo, it should come as...</p>\n\n<a href=\"https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","AAPL":"苹果","GOOG":"谷歌","PTON":"Peloton Interactive, Inc.","DASH":"DoorDash, Inc.","TWTR":"Twitter","SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1156159690","content_text":"As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.\nSo, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Black Swan\"--or, High-Impact-Low-Probability [HILP]--predictions for 2022. Kulkarni said these ideas \"have a very low likelihood of occurrence, but we wouldn't assign a zero probability\" chance of then happening.\nThe \"HILP\" predictions Kulkarni has for 2022 include \"consumers [will] return to brick and mortar stores and millennials and Gen Z start watching TV.\" Kulkarni said this could result from Covid-19 vaccinations reaching mass-population levels and reaching an end to the pandemic.\nKulkarni said Facebook's(NASDAQ:FB)Meta could launch its own cryptocurrency that could start displacing several traditional fiat currencies, and that mega cap tech companies will manage to not pay any fines to U.S. or European regulators regarding legal cases currently in the works.\n\"We have stopped counting the number of lawsuits facing Big Tech,\" Kulkarni said. \"However, there is fairly limited consensus in the ideas or bills presented to date, and Congress has been focused on the pandemic and infrastructure bill for 2021.\n\nKulkarni's other Black Swan predictions are:\nSPAC IPOs will outperform traditional IPOs and direct stock listings.\nUber(NYSE:UBER)launches its own robotaxi service in several U.S. cities.\nTwitter(NYSE:TWTR)and Pinterest(NYSE:PINS)are acquired and are no longer independent public companies.\nDoorDash(NYSE:DASH)acquires Instacart for between $40B-50B and spurs a new round of grocery delivery wars.\nApple(NASDAQ:AAPL)reaches $10B in annual revenue run rate from advertising due to changes in its iOS ad policies.\nGoogle's(NASDAQ:GOOG)YouTube get in position to go public.\nSnap(NYSE:SNAP)and TikTok (BDNCE) look to capitalize on their younger audiences by acquiring movie or gaming studios so they can boost their original video content offerings.\nAs a \"bonus\" prediction, Kulkarni forecasts that as the pandemic ends, more people will go back to working out at gyms and neighborhood parks, and this will result in difficulty in forecasting sales for the likes of Peloton(NASDAQ:PTON). The home-exercise technology company also had its sails trimmed on Thursday when analysts at Citi cut their price target on Peloton's (PTON) stock to $38 a share on expectations of higher expenses and falling demand for Peloton (PTON) products next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691829833,"gmtCreate":1640169160843,"gmtModify":1640169161498,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691829833","repostId":"1143400646","repostType":4,"isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693751280,"gmtCreate":1640086411672,"gmtModify":1640086411848,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693751280","repostId":"2193159889","repostType":4,"repost":{"id":"2193159889","kind":"news","pubTimestamp":1640085900,"share":"https://www.laohu8.com/m/news/2193159889?lang=&edition=full","pubTime":"2021-12-21 19:25","market":"us","language":"en","title":"Qudian Chairman & CEO to Purchase Up to US$10 Million of ADSs","url":"https://stock-news.laohu8.com/highlight/detail?id=2193159889","media":"StreetInsider","summary":"XIAMEN, China, Dec. 21, 2021 /PRNewswire/ -- Qudian Inc. (\"Qudian\" or \"the Company\") (NYSE: QD), a l","content":"<p>XIAMEN, China, Dec. 21, 2021 /PRNewswire/ -- Qudian Inc. (\"Qudian\" or \"the Company\") (NYSE: QD), a leading technology platform empowering the enhancement of the online consumer finance experience in China, today announced that Mr. Min Luo, the Company's founder, chairman and chief executive officer, has informed the Company that he intends to use personal funds to purchase up to US$10 million of the Company's American depository shares (\"ADSs\") over the next 12 months. Purchases will take place in full compliance with applicable laws and the Company's securities trading policy.</p>\n<p>The share purchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means in accordance with applicable rules and regulations, including, but not limited to, Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The number of ADSs purchased and the timing of purchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions.</p>\n<p>Mr. Luo commented, \"Our senior management believes the current share price deeply undervalues Qudian's potential. Our ability to maintain a solid balance sheet with sufficient liquidity lays a strong foundation for our future success. I have great confidence in Qudian's solid business fundamentals and long-term growth prospects.\"</p>\n<p><b>About Qudian Inc.</b></p>\n<p>Qudian Inc. (\"Qudian\") is a leading technology platform empowering the enhancement of online consumer finance experience in China. The Company's mission is to use technology to make personalized credit accessible to hundreds of millions of young, mobile-active consumers in China who need access to small credit for their discretionary spending but are underserved by traditional financial institutions due to lack of traditional credit data or high cost of servicing. Qudian's credit solutions enable licensed, regulated financial institutions and ecosystem partners to offer affordable and customized loans to this young generation of consumers.</p>","source":"highlight_streetinsider","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>Qudian Chairman & CEO to Purchase Up to US$10 Million of ADSs</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\">\nQudian Chairman & CEO to Purchase Up to US$10 Million of ADSs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-21 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19376371><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XIAMEN, China, Dec. 21, 2021 /PRNewswire/ -- Qudian Inc. (\"Qudian\" or \"the Company\") (NYSE: QD), a leading technology platform empowering the enhancement of the online consumer finance experience in ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19376371\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4166":"消费信贷","QD":"趣店","BK4503":"景林资产持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19376371","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193159889","content_text":"XIAMEN, China, Dec. 21, 2021 /PRNewswire/ -- Qudian Inc. (\"Qudian\" or \"the Company\") (NYSE: QD), a leading technology platform empowering the enhancement of the online consumer finance experience in China, today announced that Mr. Min Luo, the Company's founder, chairman and chief executive officer, has informed the Company that he intends to use personal funds to purchase up to US$10 million of the Company's American depository shares (\"ADSs\") over the next 12 months. Purchases will take place in full compliance with applicable laws and the Company's securities trading policy.\nThe share purchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means in accordance with applicable rules and regulations, including, but not limited to, Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The number of ADSs purchased and the timing of purchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions.\nMr. Luo commented, \"Our senior management believes the current share price deeply undervalues Qudian's potential. Our ability to maintain a solid balance sheet with sufficient liquidity lays a strong foundation for our future success. I have great confidence in Qudian's solid business fundamentals and long-term growth prospects.\"\nAbout Qudian Inc.\nQudian Inc. (\"Qudian\") is a leading technology platform empowering the enhancement of online consumer finance experience in China. The Company's mission is to use technology to make personalized credit accessible to hundreds of millions of young, mobile-active consumers in China who need access to small credit for their discretionary spending but are underserved by traditional financial institutions due to lack of traditional credit data or high cost of servicing. Qudian's credit solutions enable licensed, regulated financial institutions and ecosystem partners to offer affordable and customized loans to this young generation of consumers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693846418,"gmtCreate":1640007083326,"gmtModify":1640007083502,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693846418","repostId":"1164648434","repostType":4,"repost":{"id":"1164648434","kind":"news","pubTimestamp":1640006889,"share":"https://www.laohu8.com/m/news/1164648434?lang=&edition=full","pubTime":"2021-12-20 21:28","market":"us","language":"en","title":"AT&T upgraded to overweight at Barclays, citing multiple catalysts in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1164648434","media":"seekingalpha","summary":"AT&T(NYSE:T)is being upgraded to overweight from neutral at Barclays with a $30 price target, as the","content":"<p>AT&amp;T(NYSE:T)is being upgraded to overweight from neutral at Barclays with a $30 price target, as the research firm believes the Dallas-based telecom is poised to outperform cable stocks in 2022 and could benefit from multiple catalysts.</p>\n<p>Analyst Kannan Venkateshwar said AT&amp;T (T) is likely to benefit from the fact that wireless trends have more visibility than cable and the recently passed Infrastructure Act could provide a tailwind for broadband providers.</p>\n<p>Venkateshwar believes that investors are wrong and that an expected slowdown from a record post-paid phone growth in 2021 will not happen in 2022 and that \"the wireless competitive environment next year may get better.\"</p>\n<p>AT&amp;T (T) shares&nbsp;are up 1.6% to $24.17&nbsp;on Monday morning, but have&nbsp;fallen nearly 20% year-to-date.</p>\n<p>\"This is because, despite AT&amp;T going through a cycle of amortizing its handset promotions over the next 4 quarters, it has guided to ‘stable’ [average revenue per user], T-Mobile(NASDAQ:TMUS)is increasingly highlighting the pricing opportunity from Magenta MAX upgrades and Verizon&nbsp;(NYSE:VZ)continues to be more focused on pushing subscribers.</p>\n<p>The analyst added that AT&amp;T (T) could also benefit as roaming revenues come back, but there is still an expectation of slower growth.</p>\n<p>The $42.5 billion in broadband spending from the Infrastructure Act should help existing internet service providers \"on paper,\" but new entrants could also enter the space. However, telecom companies could be \"best positioned,\" either through fiber or fixed wireless.</p>\n<p>In addition, AT&amp;T (T) has a potential catalyst in 2022, as it separates its WarnerMedia business, combining it with Discovery(NASDAQ:DISCA). If the deal is structured as a split-off, it could cause AT&amp;T to shrink the number of shares outstanding \"meaningfully.\"</p>\n<p>There are some investor concerns for AT&amp;T (T), given the company's poor historical execution track record, which Venkateshwar believes is why the company's growth prospects are \"heavily discounted\" by investors.</p>\n<p>However, the company has a number of things going for it: the highest growth rate in history for post-paid subscribers, it added more share than others in the space; a simpler story due to recent asset sales; potential for additions to broadband subscribers, and acceleration for the first time in \"years;\" along with government subsidies, a stable average revenue per user in 2022, AT&amp;T (T) shares are poised to close the gap with Verizon (VZ), which Venkateshwar notes is at the biggest discount \"in over a decade.\"</p>\n<p>Last week, Morgan Stanley also upgraded AT&amp;T (T) shares,citing its valuation.</p>","source":"seekingalpha","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 upgraded to overweight at Barclays, citing multiple catalysts in 2022</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 upgraded to overweight at Barclays, citing multiple catalysts in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3781576-att-upgraded-to-overweight-at-barclays-citing-multiple-catalysts-in-2022><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AT&T(NYSE:T)is being upgraded to overweight from neutral at Barclays with a $30 price target, as the research firm believes the Dallas-based telecom is poised to outperform cable stocks in 2022 and ...</p>\n\n<a href=\"https://seekingalpha.com/news/3781576-att-upgraded-to-overweight-at-barclays-citing-multiple-catalysts-in-2022\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"美国电话电报"},"source_url":"https://seekingalpha.com/news/3781576-att-upgraded-to-overweight-at-barclays-citing-multiple-catalysts-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1164648434","content_text":"AT&T(NYSE:T)is being upgraded to overweight from neutral at Barclays with a $30 price target, as the research firm believes the Dallas-based telecom is poised to outperform cable stocks in 2022 and could benefit from multiple catalysts.\nAnalyst Kannan Venkateshwar said AT&T (T) is likely to benefit from the fact that wireless trends have more visibility than cable and the recently passed Infrastructure Act could provide a tailwind for broadband providers.\nVenkateshwar believes that investors are wrong and that an expected slowdown from a record post-paid phone growth in 2021 will not happen in 2022 and that \"the wireless competitive environment next year may get better.\"\nAT&T (T) shares are up 1.6% to $24.17 on Monday morning, but have fallen nearly 20% year-to-date.\n\"This is because, despite AT&T going through a cycle of amortizing its handset promotions over the next 4 quarters, it has guided to ‘stable’ [average revenue per user], T-Mobile(NASDAQ:TMUS)is increasingly highlighting the pricing opportunity from Magenta MAX upgrades and Verizon (NYSE:VZ)continues to be more focused on pushing subscribers.\nThe analyst added that AT&T (T) could also benefit as roaming revenues come back, but there is still an expectation of slower growth.\nThe $42.5 billion in broadband spending from the Infrastructure Act should help existing internet service providers \"on paper,\" but new entrants could also enter the space. However, telecom companies could be \"best positioned,\" either through fiber or fixed wireless.\nIn addition, AT&T (T) has a potential catalyst in 2022, as it separates its WarnerMedia business, combining it with Discovery(NASDAQ:DISCA). If the deal is structured as a split-off, it could cause AT&T to shrink the number of shares outstanding \"meaningfully.\"\nThere are some investor concerns for AT&T (T), given the company's poor historical execution track record, which Venkateshwar believes is why the company's growth prospects are \"heavily discounted\" by investors.\nHowever, the company has a number of things going for it: the highest growth rate in history for post-paid subscribers, it added more share than others in the space; a simpler story due to recent asset sales; potential for additions to broadband subscribers, and acceleration for the first time in \"years;\" along with government subsidies, a stable average revenue per user in 2022, AT&T (T) shares are poised to close the gap with Verizon (VZ), which Venkateshwar notes is at the biggest discount \"in over a decade.\"\nLast week, Morgan Stanley also upgraded AT&T (T) shares,citing its valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699058117,"gmtCreate":1639727194460,"gmtModify":1639727194685,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/699058117","repostId":"2192926096","repostType":4,"repost":{"id":"2192926096","kind":"news","pubTimestamp":1639726410,"share":"https://www.laohu8.com/m/news/2192926096?lang=&edition=full","pubTime":"2021-12-17 15:33","market":"sg","language":"en","title":"Tech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2192926096","media":"Bloomberg","summary":"Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rule","content":"<ul>\n <li>Mandiri, Indo Premier picked as underwriters for local listing</li>\n <li>Indonesia revamped share listing rules to attract tech IPOs</li>\n</ul>\n<p>GoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter.</p>\n<p>The company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, the people said, asking not to be named as the matter is private. GoTo will be listed as PT GoTo Gojek Tokopedia, they said.</p>\n<p>A representative for GoTo didn’t immediately comment on the matter.</p>\n<p>The Jakarta-based firm has embarked on a fundraising push in the months leading to a planned Indonesian IPO that would be followed by a U.S. listing. It raised more than $1.3 billion in the first closing of a&nbsp;pre-IPO round&nbsp;that included investors such as Google and&nbsp;Fidelity International, as it seeks a valuation of $25 billion to $30 billion ahead of its public offering.</p>\n<p>Indonesia has revamped share listing rules in a bid to attract tech giants, letting founders retain control after a listing by allowing shares with multiple voting rights. After a record-breaking year of IPOs in 2021, authorities expect offerings by companies like GoTo and Blibli, backed by conglomerate Djarum Group, to help the market set another&nbsp;all-time high&nbsp;next year.</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>Tech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO</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\">\nTech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rules to attract tech IPOs\n\nGoTo Group has hired banks to help it raise around $1 billion from an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4561":"索罗斯持仓","GOOGL":"谷歌A","BK4566":"资本集团","BK4503":"景林资产持仓","BK4532":"文艺复兴科技持仓","GOOG":"谷歌","BK4527":"明星科技股","BK4514":"搜索引擎","BK4534":"瑞士信贷持仓","BK4538":"云计算","BK4077":"互动媒体与服务"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192926096","content_text":"Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rules to attract tech IPOs\n\nGoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter.\nThe company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, the people said, asking not to be named as the matter is private. GoTo will be listed as PT GoTo Gojek Tokopedia, they said.\nA representative for GoTo didn’t immediately comment on the matter.\nThe Jakarta-based firm has embarked on a fundraising push in the months leading to a planned Indonesian IPO that would be followed by a U.S. listing. It raised more than $1.3 billion in the first closing of a pre-IPO round that included investors such as Google and Fidelity International, as it seeks a valuation of $25 billion to $30 billion ahead of its public offering.\nIndonesia has revamped share listing rules in a bid to attract tech giants, letting founders retain control after a listing by allowing shares with multiple voting rights. After a record-breaking year of IPOs in 2021, authorities expect offerings by companies like GoTo and Blibli, backed by conglomerate Djarum Group, to help the market set another all-time high next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690824139,"gmtCreate":1639656912141,"gmtModify":1639656921923,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690824139","isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607160920,"gmtCreate":1639498330953,"gmtModify":1639498331159,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607160920","repostId":"1195286060","repostType":4,"repost":{"id":"1195286060","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639495787,"share":"https://www.laohu8.com/m/news/1195286060?lang=&edition=full","pubTime":"2021-12-14 23:29","market":"us","language":"en","title":"Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure","url":"https://stock-news.laohu8.com/highlight/detail?id=1195286060","media":"Tiger Newspress","summary":"Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure.Clear Secure (YOU) and U","content":"<p>Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure.<img src=\"https://static.tigerbbs.com/81fdbb81086badeece485e7e1485a156\" tg-width=\"768\" tg-height=\"562\" width=\"100%\" height=\"auto\">Clear Secure (YOU) and Uber (UBER) have announced a partnership that will integrate Uber's ride platform directly into the Clear app's \"Home to Gate\" feature. With this partnership, Clear app users will be able to use the Home To Gate feature and its data-driven insights to find out exactly when to leave for their flight and reserve an Uber ride ahead of time - creating a more seamless, predictable travel experience.</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>Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure</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\">\nUber jumped nearly 7% in morning trading as it cooperated with Clear Secure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-14 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure.<img src=\"https://static.tigerbbs.com/81fdbb81086badeece485e7e1485a156\" tg-width=\"768\" tg-height=\"562\" width=\"100%\" height=\"auto\">Clear Secure (YOU) and Uber (UBER) have announced a partnership that will integrate Uber's ride platform directly into the Clear app's \"Home to Gate\" feature. With this partnership, Clear app users will be able to use the Home To Gate feature and its data-driven insights to find out exactly when to leave for their flight and reserve an Uber ride ahead of time - creating a more seamless, predictable travel experience.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195286060","content_text":"Uber jumped nearly 7% in morning trading as it cooperated with Clear Secure.Clear Secure (YOU) and Uber (UBER) have announced a partnership that will integrate Uber's ride platform directly into the Clear app's \"Home to Gate\" feature. With this partnership, Clear app users will be able to use the Home To Gate feature and its data-driven insights to find out exactly when to leave for their flight and reserve an Uber ride ahead of time - creating a more seamless, predictable travel experience.","news_type":1},"isVote":1,"tweetType":1,"viewCount":913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602972401,"gmtCreate":1638965952148,"gmtModify":1638965952302,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602972401","repostId":"1110807624","repostType":4,"repost":{"id":"1110807624","kind":"news","pubTimestamp":1638965732,"share":"https://www.laohu8.com/m/news/1110807624?lang=&edition=full","pubTime":"2021-12-08 20:15","market":"us","language":"en","title":"Why Lordstown Stock Might Fall Even Further","url":"https://stock-news.laohu8.com/highlight/detail?id=1110807624","media":"Seeking Alpha","summary":"Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Lordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.</li>\n <li>Commercial production of the Endurance electric truck is expected to begin in Q3 2022 and scale to ~30,000 trucks in 2023.</li>\n <li>But that's not nearly enough scale to reach profitability. Their financials suggest they will continue to burn cash for several years.</li>\n <li>Down more than 80% from highs, the stock still looks overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/177cda1ae36b24dd7931e23fa6e9f667\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Tasos Katopodis/Getty Images News</span></p>\n<p><b>Lordstown's Rocky start</b></p>\n<p>Lordstown Motors (RIDE) is a pre-revenue EV company that is launching the Endurance electric truck next year with commercial production expected in Q3. That date was&nbsp;delayed&nbsp;from fall 2020 last year, and they were&nbsp;accused&nbsp;by a short-seller of faking or mispresenting some of the 100,000 pre-orders they claimed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35dc55d82d6dcb02aa388fbd9af62089\" tg-width=\"640\" tg-height=\"320\" width=\"100%\" height=\"auto\"><span>Source: Business Insider</span></p>\n<p>But that was under the previous CEO and founder Steve Burns who resigned in June. Lordstown brought in former Icahn Automotive CEO Daniel Ninivaggi as the new chief executive. There has only been a one-quarter delay in production since then.</p>\n<p>They recently entered a&nbsp;partnership&nbsp;with Foxconn, who will buy their production facility for $230 million and act as their contract manufacturer. This solves their near-term cash need but could lower their margin because Foxconn has to make a profit on each car as the manufacturer.</p>\n<p>With the stock down 80% from all-time highs and a market cap under $1B, you might expect this to be an undervalued stock in the EV sector. But the numbers suggest that even if they hit their production timeline, it won't justify their current valuation.</p>\n<p>\"Bull Case\" for Lordstown</p>\n<p>It's hard to make early-stage projections, but let's try being generous. Assume there are no more delays, and production is scaled to meet the higher end of wall street revenue estimates, which would be 35,000 cars x $55,000 = $1.9 billion of revenue in 2023. That sounds like a lot compared to their $800M market cap, but they're not in a high-margin business.</p>\n<p>Most automakers have&nbsp;gross margins&nbsp;in the 10-20% range, but trucks usually have a higher margin than other vehicles. So, assume Lordstown can match the 25% gross margin of the best-selling truck, the FordF-150. That also happens to be the approximate gross margin of Tesla(NASDAQ:TSLA).</p>\n<p>That leaves them with $1.9B x 25% = $475 million of gross profit in 2023. The problem is that, just in&nbsp;2021, they will spend $110M on selling, general and administrative expenses, another $330M on R&amp;D, and $380M in capital expenditures. We could assume CapEx will be lower in the future because they are outsourcing production, but keep in mind that Foxconn will now make a profit on each car they produce, so it still ends up as a cost to Lordstown. Meaning that if CapEx is lower in the future because production is outsourced, the gross margin will likely be lower than 25%.</p>\n<p>Those numbers suggest Lordstown will be burning cash in 2023 even if costs remain flat, which is a generous assumption since they are trending upwards as the company grows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3075377f53a7595962bd05cac35db301\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>So, even if Lordstown meets the production schedule, can make the same margin as the most successful truck brands, and keep costs flat, they might lose $100M or more in 2023, which is still 2 years away.</p>\n<p><b>The Competition</b></p>\n<p>If they won't be profitable in the next several years, the $800M value of the company must be justified by growth in the years beyond. The production facility now owned by Foxconn is said to have a&nbsp;capacity&nbsp;of 400,000 vehicles, so if they could scale beyond 35,000 vehicles after 2023 and control costs they could eventually be profitable. But once production is no longer an issue, sales and margin will be. They have stiff competition. Most notable is Tesla's Cybertruck.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/46c0ffd71c607f7dc2fe449a168d3f15\" tg-width=\"640\" tg-height=\"303\" width=\"100%\" height=\"auto\"><span>Source: electrek.co</span></p>\n<p>Its production&nbsp;timeline&nbsp;is similar to Lordstown's Endurance - production beginning in 2022 and scaling in 2023. The caveat is that Tesla is a trillion-dollar company that has&nbsp;spent&nbsp;2x Lordstown's current market cap just in R&amp;D over the past twelve months. That wasn't all on the Cybertruck, but it shows how much bigger the competition is.</p>\n<p>Tesla is just the start. Rivian (RIVN) is another $90B market cap company launching an electric truck next year. Ford (F) expects to be producing 80,000 electric F150's in 2023, more than double Lordstown. General Motors (GM) is launching the first electric hummer this month and will bring an electric version of the Chevy Silverado to market in 2023.</p>\n<p>Rivian&nbsp;plans&nbsp;to scale production to 150,000 by late 2023. Ford expects 80,000. Elon Musk&nbsp;thinks&nbsp;Tesla can produce 200,000-300,000 Cybertrucks, but analysts at Morgan Stanley&nbsp;estimate&nbsp;more like 100,000. GM will likely be capable of 50,000-100,000. That's 300,000-500,000 units from those 4 alone compared to 3,000,000 in annual US&nbsp;pickup truck sales. Electric car adoption is currently only&nbsp;2%(though growing fast) in the US, and those 4 competitors could have enough capacity for more than 10-15% of pickup sales to be electric by 2023.</p>\n<p>Ram, the second best-selling pickup truck brand, will launch an&nbsp;electric truck&nbsp;in 2024.Toyota(NYSE:TM)&nbsp;and&nbsp;Nissan(OTCPK:NSANY)are also planning full-electric trucks. All those entrants to the electric truck market could mean that even if demand grows rapidly, supply might be high enough that Lordstown will have poor margins or never generate enough demand to scale further.</p>\n<p><b>Cash Burn</b></p>\n<p>The other EV players are many times bigger than Lordstown and most importantly can easily access billions of investment capital. Lordstown has a fraction of the capital and will likely need to issue more shares in the future to raise cash.</p>\n<p>If they sell 15,000 cars in 2022 with a 25% gross profit margin, that's ~$200 million in gross profit. Their annual cost base is at least $400M ($110M SG&amp;A + $200M R&amp;D + &gt;$100M CapEx). So, it's realistic to assume they earn $100-200M in gross profit and burn $200-300M in 2022.</p>\n<p>They have&nbsp;$220M&nbsp;on the balance sheet already and will make $200M from the sale of their facility to Foxconn by 2022. It's possible they go through most of that cash by the end of 2023 and need to raise more capital. There's no certainty they will be close to profitable by 2024, so they might need even more for the years after. At which point, they will still be a fraction of their competitors. The ultimate concern is that they won't be able to reach a profitable scale before their capital runs out.</p>\n<p><b>Conclusion</b></p>\n<p>Betting on Lordstown Motors doesn't seem worth the risk when they have to compete in a difficult industry with rivals that outmatch them in capacity, R&amp;D, and access to capital. Even if they meet production targets without delay, they will lack scale and likely be unprofitable for many years. It seems like a long and unlikely road for this stock to succeed.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Lordstown Stock Might Fall Even Further</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\">\nWhy Lordstown Stock Might Fall Even Further\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.\nCommercial production of the Endurance electric truck is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further\">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://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110807624","content_text":"Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.\nCommercial production of the Endurance electric truck is expected to begin in Q3 2022 and scale to ~30,000 trucks in 2023.\nBut that's not nearly enough scale to reach profitability. Their financials suggest they will continue to burn cash for several years.\nDown more than 80% from highs, the stock still looks overvalued.\n\nTasos Katopodis/Getty Images News\nLordstown's Rocky start\nLordstown Motors (RIDE) is a pre-revenue EV company that is launching the Endurance electric truck next year with commercial production expected in Q3. That date was delayed from fall 2020 last year, and they were accused by a short-seller of faking or mispresenting some of the 100,000 pre-orders they claimed.\nSource: Business Insider\nBut that was under the previous CEO and founder Steve Burns who resigned in June. Lordstown brought in former Icahn Automotive CEO Daniel Ninivaggi as the new chief executive. There has only been a one-quarter delay in production since then.\nThey recently entered a partnership with Foxconn, who will buy their production facility for $230 million and act as their contract manufacturer. This solves their near-term cash need but could lower their margin because Foxconn has to make a profit on each car as the manufacturer.\nWith the stock down 80% from all-time highs and a market cap under $1B, you might expect this to be an undervalued stock in the EV sector. But the numbers suggest that even if they hit their production timeline, it won't justify their current valuation.\n\"Bull Case\" for Lordstown\nIt's hard to make early-stage projections, but let's try being generous. Assume there are no more delays, and production is scaled to meet the higher end of wall street revenue estimates, which would be 35,000 cars x $55,000 = $1.9 billion of revenue in 2023. That sounds like a lot compared to their $800M market cap, but they're not in a high-margin business.\nMost automakers have gross margins in the 10-20% range, but trucks usually have a higher margin than other vehicles. So, assume Lordstown can match the 25% gross margin of the best-selling truck, the FordF-150. That also happens to be the approximate gross margin of Tesla(NASDAQ:TSLA).\nThat leaves them with $1.9B x 25% = $475 million of gross profit in 2023. The problem is that, just in 2021, they will spend $110M on selling, general and administrative expenses, another $330M on R&D, and $380M in capital expenditures. We could assume CapEx will be lower in the future because they are outsourcing production, but keep in mind that Foxconn will now make a profit on each car they produce, so it still ends up as a cost to Lordstown. Meaning that if CapEx is lower in the future because production is outsourced, the gross margin will likely be lower than 25%.\nThose numbers suggest Lordstown will be burning cash in 2023 even if costs remain flat, which is a generous assumption since they are trending upwards as the company grows.\nData by YCharts\nSo, even if Lordstown meets the production schedule, can make the same margin as the most successful truck brands, and keep costs flat, they might lose $100M or more in 2023, which is still 2 years away.\nThe Competition\nIf they won't be profitable in the next several years, the $800M value of the company must be justified by growth in the years beyond. The production facility now owned by Foxconn is said to have a capacity of 400,000 vehicles, so if they could scale beyond 35,000 vehicles after 2023 and control costs they could eventually be profitable. But once production is no longer an issue, sales and margin will be. They have stiff competition. Most notable is Tesla's Cybertruck.\nSource: electrek.co\nIts production timeline is similar to Lordstown's Endurance - production beginning in 2022 and scaling in 2023. The caveat is that Tesla is a trillion-dollar company that has spent 2x Lordstown's current market cap just in R&D over the past twelve months. That wasn't all on the Cybertruck, but it shows how much bigger the competition is.\nTesla is just the start. Rivian (RIVN) is another $90B market cap company launching an electric truck next year. Ford (F) expects to be producing 80,000 electric F150's in 2023, more than double Lordstown. General Motors (GM) is launching the first electric hummer this month and will bring an electric version of the Chevy Silverado to market in 2023.\nRivian plans to scale production to 150,000 by late 2023. Ford expects 80,000. Elon Musk thinks Tesla can produce 200,000-300,000 Cybertrucks, but analysts at Morgan Stanley estimate more like 100,000. GM will likely be capable of 50,000-100,000. That's 300,000-500,000 units from those 4 alone compared to 3,000,000 in annual US pickup truck sales. Electric car adoption is currently only 2%(though growing fast) in the US, and those 4 competitors could have enough capacity for more than 10-15% of pickup sales to be electric by 2023.\nRam, the second best-selling pickup truck brand, will launch an electric truck in 2024.Toyota(NYSE:TM) and Nissan(OTCPK:NSANY)are also planning full-electric trucks. All those entrants to the electric truck market could mean that even if demand grows rapidly, supply might be high enough that Lordstown will have poor margins or never generate enough demand to scale further.\nCash Burn\nThe other EV players are many times bigger than Lordstown and most importantly can easily access billions of investment capital. Lordstown has a fraction of the capital and will likely need to issue more shares in the future to raise cash.\nIf they sell 15,000 cars in 2022 with a 25% gross profit margin, that's ~$200 million in gross profit. Their annual cost base is at least $400M ($110M SG&A + $200M R&D + >$100M CapEx). So, it's realistic to assume they earn $100-200M in gross profit and burn $200-300M in 2022.\nThey have $220M on the balance sheet already and will make $200M from the sale of their facility to Foxconn by 2022. It's possible they go through most of that cash by the end of 2023 and need to raise more capital. There's no certainty they will be close to profitable by 2024, so they might need even more for the years after. At which point, they will still be a fraction of their competitors. The ultimate concern is that they won't be able to reach a profitable scale before their capital runs out.\nConclusion\nBetting on Lordstown Motors doesn't seem worth the risk when they have to compete in a difficult industry with rivals that outmatch them in capacity, R&D, and access to capital. Even if they meet production targets without delay, they will lack scale and likely be unprofitable for many years. It seems like a long and unlikely road for this stock to succeed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606845602,"gmtCreate":1638863722300,"gmtModify":1638863722495,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606845602","repostId":"2189686612","repostType":4,"repost":{"id":"2189686612","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":1638826608,"share":"https://www.laohu8.com/m/news/2189686612?lang=&edition=full","pubTime":"2021-12-07 05:36","market":"us","language":"en","title":"Wall Street regains some ground with help from easing virus fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2189686612","media":"Reuters","summary":"Dec 6  - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminis","content":"<p>Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.</p>\n<p>Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&amp;P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .</p>\n<p>While the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.</p>\n<p>\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p>\n<p>Lip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 646.95 points, or 1.87%, to 35,227.03, the S&amp;P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite&nbsp;added 139.68 points, or 0.93%, to 15,225.15.</p>\n<p>The S&amp;P 500 Value Index&nbsp;rose 1.5%, outperforming its growth counterpart , which gained 0.9%.</p>\n<p>The economically sensitive Dow Jones Transportation index&nbsp;outperformed the broader market with a 2.3% gain while the small-cap Russell 2000&nbsp;climbed 2%.</p>\n<p>Wall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.</p>\n<p>The S&amp;P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.</p>\n<p>\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>Still, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.</p>\n<p>The industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&amp;P Airline's index&nbsp;closed up 5.5%.</p>\n<p>Other strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb&nbsp;added 8.5%.</p>\n<p>Big decliners included COVID-19 vaccine makers such as Moderna Inc&nbsp;, down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.</p>\n<p>Nvidia&nbsp;closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.</p>\n<p>Kohl's Corp&nbsp;shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.</p>\n<p>JJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.</p>\n<p>\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.</p>\n<p>On U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.</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>Wall Street regains some ground with help from easing virus fears</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\">\nWall Street regains some ground with help from easing virus fears\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\">2021-12-07 05:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.</p>\n<p>Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&amp;P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .</p>\n<p>While the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.</p>\n<p>\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p>\n<p>Lip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 646.95 points, or 1.87%, to 35,227.03, the S&amp;P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite&nbsp;added 139.68 points, or 0.93%, to 15,225.15.</p>\n<p>The S&amp;P 500 Value Index&nbsp;rose 1.5%, outperforming its growth counterpart , which gained 0.9%.</p>\n<p>The economically sensitive Dow Jones Transportation index&nbsp;outperformed the broader market with a 2.3% gain while the small-cap Russell 2000&nbsp;climbed 2%.</p>\n<p>Wall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.</p>\n<p>The S&amp;P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.</p>\n<p>\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>Still, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.</p>\n<p>The industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&amp;P Airline's index&nbsp;closed up 5.5%.</p>\n<p>Other strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb&nbsp;added 8.5%.</p>\n<p>Big decliners included COVID-19 vaccine makers such as Moderna Inc&nbsp;, down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.</p>\n<p>Nvidia&nbsp;closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.</p>\n<p>Kohl's Corp&nbsp;shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.</p>\n<p>JJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.</p>\n<p>\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.</p>\n<p>On U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QID":"纳指两倍做空ETF","DXD":"道指两倍做空ETF",".SPX":"S&P 500 Index","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","DJX":"1/100道琼斯","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2189686612","content_text":"Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.\nOf Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .\nWhile the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.\n\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.\nLip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.\nThe Dow Jones Industrial Average rose 646.95 points, or 1.87%, to 35,227.03, the S&P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite added 139.68 points, or 0.93%, to 15,225.15.\nThe S&P 500 Value Index rose 1.5%, outperforming its growth counterpart , which gained 0.9%.\nThe economically sensitive Dow Jones Transportation index outperformed the broader market with a 2.3% gain while the small-cap Russell 2000 climbed 2%.\nWall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.\nThe S&P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.\n\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.\nStill, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.\nThe industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&P Airline's index closed up 5.5%.\nOther strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb added 8.5%.\nBig decliners included COVID-19 vaccine makers such as Moderna Inc , down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.\nNvidia closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.\nKohl's Corp shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.\nJJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.\n\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.\nThe S&P 500 posted 20 new 52-week highs and one new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.\nOn U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608458703,"gmtCreate":1638782349965,"gmtModify":1638782603891,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608458703","repostId":"1179313612","repostType":4,"repost":{"id":"1179313612","kind":"news","pubTimestamp":1638745398,"share":"https://www.laohu8.com/m/news/1179313612?lang=&edition=full","pubTime":"2021-12-06 07:03","market":"us","language":"en","title":"Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1179313612","media":"Barrons","summary":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer rep","content":"<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p>\n<p>On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p>\n<p>The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p>\n<p>The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p>\n<p><b>Monday 12/6</b></p>\n<p>Union Pacific holds a conference call to discuss its climate action plan.</p>\n<p><b>Tuesday 12/7</b></p>\n<p>AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p>\n<p>The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p>\n<p><b>Wednesday 12/8</b></p>\n<p>The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p>\n<p><a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p>\n<p>McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p>\n<p><a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p>\n<p>The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p>\n<p><b>Thursday 12/9</b></p>\n<p>Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p>\n<p>CVS Health and Tyson Foods host their annual investor days.</p>\n<p>The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p>\n<p><b>Friday 12/10</b></p>\n<p>Archer-Daniels-Midland holds its global investor day.</p>\n<p><a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p>\n<p>The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p>\n<p>The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week</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\">\nGame Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-06 07:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOL":"托尔兄弟","CVS":"西维斯健康","GME":"游戏驿站","BK4088":"住宅建筑","COST":"好市多"},"source_url":"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179313612","content_text":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll Brothers report earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. Broadcom, Costco Wholesale, and Hormel Foods round things out on Thursday.\nOn Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 investor days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.\nThe Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.\nThe Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.\nMonday 12/6\nUnion Pacific holds a conference call to discuss its climate action plan.\nTuesday 12/7\nAutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.\nThe Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.\nWednesday 12/8\nThe BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.\nBrown-Forman, Campbell Soup, and GameStop report earnings.\nMcKesson and Southwest Airlines host their 2021 investor days.\nEdwards Lifesciences holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.\nThe Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.\nThursday 12/9\nBroadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.\nCVS Health and Tyson Foods host their annual investor days.\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.\nFriday 12/10\nArcher-Daniels-Midland holds its global investor day.\nCentene holds an investor meeting and will provide financial guidance for 2022.\nThe Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome Powell finally ditched “transitory” when discussing inflation before the Senate Banking Committee.\nThe University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608345359,"gmtCreate":1638640303566,"gmtModify":1638640303661,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608345359","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p>\n<p>Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p>\n<p>Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p>\n<p>Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p>\n<p>Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week</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\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-04 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd.","HCP":"HashiCorp, Inc.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601078129,"gmtCreate":1638464945506,"gmtModify":1638464945596,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601078129","repostId":"1144502876","repostType":4,"repost":{"id":"1144502876","kind":"news","pubTimestamp":1638459585,"share":"https://www.laohu8.com/m/news/1144502876?lang=&edition=full","pubTime":"2021-12-02 23:39","market":"us","language":"en","title":"Toyota Gets Ready to Sell Only Zero-Emission Cars in Europe","url":"https://stock-news.laohu8.com/highlight/detail?id=1144502876","media":"Bloomberg","summary":"Automaker says it’s prepared for 100% CO2 reduction by 2035\nPledge aligns the company with EU’s ambi","content":"<ul>\n <li>Automaker says it’s prepared for 100% CO2 reduction by 2035</li>\n <li>Pledge aligns the company with EU’s ambitious climate plan</li>\n</ul>\n<p>Toyota Motor Corp.&nbsp;vowed to be ready to sell only zero-emission cars in Europe by 2035, a surprise pledge that aligns the world’s biggest automaker with the world’s&nbsp;most ambitious&nbsp;climate plan.</p>\n<p>The Japanese manufacturer also set a new intermediate goal for at least half its sales in Western Europe to be zero-emission vehicles by the end of the decade. That’s a big step up from the roughly 10% sales mix expected in 2025.</p>\n<p>While the objectives align Toyota with green deal measures the European Union proposed in July, the company qualified its 2035 view by saying it assumes the bloc will have sufficient infrastructure in place for battery recharging and hydrogen refueling. EU member states are already&nbsp;wrangling over&nbsp;an end date for combustion engines, with France advocating for plug-in hybrids to be&nbsp;allowed for longer&nbsp;and Italy seeking to&nbsp;shield supercars&nbsp;from the phase-out.</p>\n<p>Toyota’s commitments are somewhat unexpected, since executives have long sought to preserve a role for hybrids like the Prius to reduce tailpipe emissions until fully electric vehicles are attainable for more consumers. The company’s recent performance in Europe has vindicated this strategy: car buyers have&nbsp;turned agains&nbsp;tdiesels in droves since&nbsp;Volkswagen AG’s engine-rigging scandal came to light in 2015. Toyota’s sales have surged, and its fleet’s average CO2 emissions are the lowest among major conventional carmakers.</p>\n<p><img src=\"https://static.tigerbbs.com/ba248b0b1ecf8a3f3cd054f716c3eb76\" tg-width=\"969\" tg-height=\"560\" width=\"100%\" height=\"auto\"></p>\n<p>But for all Toyota’s success with hybrids, it’s become increasingly difficult for the company to contend that consumers in parts of Europe aren’t yet ready to make the jump to cars powered entirely by battery.Over 800,000&nbsp;such EVs were registered in the region this year through September, up more than 90% from a year ago. Elon Musk’s all-electric-or-bust argument also has won over investors, with&nbsp;Tesla Inc.&nbsp;overtaking Toyota as the world’s most valuable automaker last year and&nbsp;not looking back.</p>\n<p>“We are not in any way defensive about or reluctant followers,” Matthew Harrison, Toyota Europe’s chief executive officer, said in an interview. “We’ll concentrate on our being in good faith, but we need the same sort of conviction and effort and progress also from an infrastructure and renewable-energy capacity perspective.”</p>\n<p>Other automakers have already outlined goals similar to Toyota’s. VW’s namesake brand has said it plans to stop selling combustion cars in Europe between&nbsp;2033 and 2035.Ford Motor Co.’s passenger-vehicle range will be all-electricby 2030.Daimler AG’s Mercedes-Benz has pledged to be ready to go all-electric&nbsp;by the end of the decade&nbsp;where conditions allow.</p>\n<p>The announcements by companies that haven’t reduced as much CO2 from their fleets, coupled with authorities fixating only on how soon the industry can go fully electric, has frustrated Toyota’s leadership team.</p>\n<p>“Right now, there’s this sort of press war going on with who will promise the most,” said Gill Pratt, Toyota’s chief scientist. “The promises aren’t removing any CO2 from the air.”</p>\n<p><img src=\"https://static.tigerbbs.com/fca9c06ede577fa09cea5ddd5c707ca2\" tg-width=\"949\" tg-height=\"546\" width=\"100%\" height=\"auto\"></p>\n<p>Pratt&nbsp;makes the case&nbsp;that the way to reduce the most net carbon emissions globally will be to keep offering hybrids and plug-in hybrids until batteries are cheaper and cleaner to produce, and charging infrastructure using renewable energy is more widely available.</p>\n<p>But these qualms are no longer standing in the way of Toyota mounting an EV push. The company is rolling out an all-new sport utility vehicle next year called bZ4X that resembles its popular RAV4 SUV. This will be the first of seven in a series Toyota is calling bZ, standing for “beyond zero.”</p>\n<p>The Lexus brand will also get in on the act, with a new battery-electric SUV dubbed RZ coming in the first half of next year. The luxury division will aim to almost double annual sales to 130,000 vehicles by 2025, from roughly 70,000 now.</p>\n<p><img src=\"https://static.tigerbbs.com/ff9a11864563ceba7393869262eb7ca7\" tg-width=\"958\" tg-height=\"468\" width=\"100%\" height=\"auto\"></p>\n<p>While Toyota is a believer in batteries -- it’s sold almost 20 million electrified vehicles to date -- the company has also been a steadfast proponent of fuel cells and continues to see hydrogen playing a role in reducing transport emissions, particularly from larger vehicles.</p>\n<p>Toyota is going to start producing second-generation fuel cell modules next month in Belgium that could be used in trucks, buses, trains or ships.</p>\n<p>“We have to get carbon down,” Pratt said in an interview. “We need to be humble. We need to understand that we don’t really know what’s going to work out best, and so the best approach right now is to try many things.”</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>Toyota Gets Ready to Sell Only Zero-Emission Cars in Europe</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\">\nToyota Gets Ready to Sell Only Zero-Emission Cars in Europe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 23:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-02/toyota-gets-ready-to-sell-only-zero-emission-cars-in-europe?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Automaker says it’s prepared for 100% CO2 reduction by 2035\nPledge aligns the company with EU’s ambitious climate plan\n\nToyota Motor Corp. vowed to be ready to sell only zero-emission cars in Europe ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-02/toyota-gets-ready-to-sell-only-zero-emission-cars-in-europe?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-02/toyota-gets-ready-to-sell-only-zero-emission-cars-in-europe?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144502876","content_text":"Automaker says it’s prepared for 100% CO2 reduction by 2035\nPledge aligns the company with EU’s ambitious climate plan\n\nToyota Motor Corp. vowed to be ready to sell only zero-emission cars in Europe by 2035, a surprise pledge that aligns the world’s biggest automaker with the world’s most ambitious climate plan.\nThe Japanese manufacturer also set a new intermediate goal for at least half its sales in Western Europe to be zero-emission vehicles by the end of the decade. That’s a big step up from the roughly 10% sales mix expected in 2025.\nWhile the objectives align Toyota with green deal measures the European Union proposed in July, the company qualified its 2035 view by saying it assumes the bloc will have sufficient infrastructure in place for battery recharging and hydrogen refueling. EU member states are already wrangling over an end date for combustion engines, with France advocating for plug-in hybrids to be allowed for longer and Italy seeking to shield supercars from the phase-out.\nToyota’s commitments are somewhat unexpected, since executives have long sought to preserve a role for hybrids like the Prius to reduce tailpipe emissions until fully electric vehicles are attainable for more consumers. The company’s recent performance in Europe has vindicated this strategy: car buyers have turned agains tdiesels in droves since Volkswagen AG’s engine-rigging scandal came to light in 2015. Toyota’s sales have surged, and its fleet’s average CO2 emissions are the lowest among major conventional carmakers.\n\nBut for all Toyota’s success with hybrids, it’s become increasingly difficult for the company to contend that consumers in parts of Europe aren’t yet ready to make the jump to cars powered entirely by battery.Over 800,000 such EVs were registered in the region this year through September, up more than 90% from a year ago. Elon Musk’s all-electric-or-bust argument also has won over investors, with Tesla Inc. overtaking Toyota as the world’s most valuable automaker last year and not looking back.\n“We are not in any way defensive about or reluctant followers,” Matthew Harrison, Toyota Europe’s chief executive officer, said in an interview. “We’ll concentrate on our being in good faith, but we need the same sort of conviction and effort and progress also from an infrastructure and renewable-energy capacity perspective.”\nOther automakers have already outlined goals similar to Toyota’s. VW’s namesake brand has said it plans to stop selling combustion cars in Europe between 2033 and 2035.Ford Motor Co.’s passenger-vehicle range will be all-electricby 2030.Daimler AG’s Mercedes-Benz has pledged to be ready to go all-electric by the end of the decade where conditions allow.\nThe announcements by companies that haven’t reduced as much CO2 from their fleets, coupled with authorities fixating only on how soon the industry can go fully electric, has frustrated Toyota’s leadership team.\n“Right now, there’s this sort of press war going on with who will promise the most,” said Gill Pratt, Toyota’s chief scientist. “The promises aren’t removing any CO2 from the air.”\n\nPratt makes the case that the way to reduce the most net carbon emissions globally will be to keep offering hybrids and plug-in hybrids until batteries are cheaper and cleaner to produce, and charging infrastructure using renewable energy is more widely available.\nBut these qualms are no longer standing in the way of Toyota mounting an EV push. The company is rolling out an all-new sport utility vehicle next year called bZ4X that resembles its popular RAV4 SUV. This will be the first of seven in a series Toyota is calling bZ, standing for “beyond zero.”\nThe Lexus brand will also get in on the act, with a new battery-electric SUV dubbed RZ coming in the first half of next year. The luxury division will aim to almost double annual sales to 130,000 vehicles by 2025, from roughly 70,000 now.\n\nWhile Toyota is a believer in batteries -- it’s sold almost 20 million electrified vehicles to date -- the company has also been a steadfast proponent of fuel cells and continues to see hydrogen playing a role in reducing transport emissions, particularly from larger vehicles.\nToyota is going to start producing second-generation fuel cell modules next month in Belgium that could be used in trucks, buses, trains or ships.\n“We have to get carbon down,” Pratt said in an interview. “We need to be humble. We need to understand that we don’t really know what’s going to work out best, and so the best approach right now is to try many things.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877663750,"gmtCreate":1637925591119,"gmtModify":1637925591248,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877663750","repostId":"1169321006","repostType":4,"repost":{"id":"1169321006","kind":"news","pubTimestamp":1637925348,"share":"https://www.laohu8.com/m/news/1169321006?lang=&edition=full","pubTime":"2021-11-26 19:15","market":"us","language":"en","title":"Traders Unwind Rate-Hike Bets as New Covid Fears Spread","url":"https://stock-news.laohu8.com/highlight/detail?id=1169321006","media":"Bloomberg","summary":"(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as ","content":"<p>(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow economic growth.</p>\n<p>Traders have pushed back the timing of a 25-basis-point rate increase by the Federal Reserve to September from June, with only one further hike expected for the remainder of 2022. It’s a similar story in the U.K. where the Bank of England is now expected to tighten policy in February instead of next month.</p>\n<p>Wagers that the European Central Bank will raise its deposit rate by the end of next year have also been slashed, with only a seven basis-point increase priced in, around half of that seen earlier this week. The European Union is proposing to follow the U.K. in halting air travel from southern Africa after the new Covid-19 variant was identified there.</p>\n<p>“Over the next couple of weeks we could see this move continuing,” said Pooja Kumra, senior European rates strategist at Toronto-Dominion Bank, in an interview on Bloomberg Television. “Right now we would expect central banks to remain more sympathetic to the situation before removing any accommodation.”</p>\n<p>Major central banks have spent months priming the market for an era of tighter monetary policy as the global economy emerged from the pandemic and inflation accelerated. Yet the prospect of widespread travel restrictions and renewed curbs to social activity mean policy makers have to think twice before starting to pull back on support, dealing a blow to traders positioned for rate increases.</p>\n<p>What We Know About the New Virus Variant That’s Rocking Markets</p>\n<p>The World Health Organization and scientists are studying the recently identified variant, which has been described as very different to previous versions and of serious concern. The U.K., Singapore and Israel curbed travel from South Africa and some neighboring countries. Hong Kong confirmed two cases of the strain.</p>\n<p>If the new strain turns out to be as potent as it seems, it “will negate the need for monetary tightening that most developed market central banks were leaning towards,” said Peter Chatwell, multi-asset strategist at Mizuho International Plc. He expects central banks to push back interest-rate hikes by about six months in this instance.</p>\n<p>Five-year government bond yields, which are most sensitive to monetary policy, led declines in the U.S. and U.K., falling as much as 15 basis points to 1.19% and 14 basis points to 0.60%, respectively.</p>\n<p>Traders are also pushing back of bets for monetary tightening in central and eastern Europe, among the first regions to react to a spike in prices with interest-rate increases this year. Forward-rate agreements over the next 12 months in Hungary, Poland and the Czech Republic tumbled more than 20 basis points.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Traders Unwind Rate-Hike Bets as New Covid Fears Spread</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\">\nTraders Unwind Rate-Hike Bets as New Covid Fears Spread\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 19:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow ...</p>\n\n<a href=\"https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169321006","content_text":"(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow economic growth.\nTraders have pushed back the timing of a 25-basis-point rate increase by the Federal Reserve to September from June, with only one further hike expected for the remainder of 2022. It’s a similar story in the U.K. where the Bank of England is now expected to tighten policy in February instead of next month.\nWagers that the European Central Bank will raise its deposit rate by the end of next year have also been slashed, with only a seven basis-point increase priced in, around half of that seen earlier this week. The European Union is proposing to follow the U.K. in halting air travel from southern Africa after the new Covid-19 variant was identified there.\n“Over the next couple of weeks we could see this move continuing,” said Pooja Kumra, senior European rates strategist at Toronto-Dominion Bank, in an interview on Bloomberg Television. “Right now we would expect central banks to remain more sympathetic to the situation before removing any accommodation.”\nMajor central banks have spent months priming the market for an era of tighter monetary policy as the global economy emerged from the pandemic and inflation accelerated. Yet the prospect of widespread travel restrictions and renewed curbs to social activity mean policy makers have to think twice before starting to pull back on support, dealing a blow to traders positioned for rate increases.\nWhat We Know About the New Virus Variant That’s Rocking Markets\nThe World Health Organization and scientists are studying the recently identified variant, which has been described as very different to previous versions and of serious concern. The U.K., Singapore and Israel curbed travel from South Africa and some neighboring countries. Hong Kong confirmed two cases of the strain.\nIf the new strain turns out to be as potent as it seems, it “will negate the need for monetary tightening that most developed market central banks were leaning towards,” said Peter Chatwell, multi-asset strategist at Mizuho International Plc. He expects central banks to push back interest-rate hikes by about six months in this instance.\nFive-year government bond yields, which are most sensitive to monetary policy, led declines in the U.S. and U.K., falling as much as 15 basis points to 1.19% and 14 basis points to 0.60%, respectively.\nTraders are also pushing back of bets for monetary tightening in central and eastern Europe, among the first regions to react to a spike in prices with interest-rate increases this year. Forward-rate agreements over the next 12 months in Hungary, Poland and the Czech Republic tumbled more than 20 basis points.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874833919,"gmtCreate":1637753584355,"gmtModify":1637753584443,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874833919","repostId":"2185591503","repostType":4,"repost":{"id":"2185591503","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1637753100,"share":"https://www.laohu8.com/m/news/2185591503?lang=&edition=full","pubTime":"2021-11-24 19:25","market":"us","language":"en","title":"Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2185591503","media":"GlobeNewswire","summary":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the ","content":"<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>","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>Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results</title>\n<style 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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\">\nKingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-11-24 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.</p>\n<p>Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”</p>\n<p>Mr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit &amp; Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”</p>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total Revenues </b>reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.</p>\n<ul>\n <li>Revenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.</li>\n <li>Revenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.</li>\n</ul>\n<ul>\n <li>Other revenues were RMB0.9 million (US$0.1 million).</li>\n <li></li>\n</ul>\n<p>_______________</p>\n<p>1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b>Cost of revenues </b>was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.</p>\n<p><b>Gross profit </b>decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. <b>Gross margin </b>was 3.7%, compared with 6.5% in the same period in 2020.</p>\n<p><b>Non-GAAP gross profit</b>2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. <b>Non- GAAP gross margin </b>was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.</p>\n<p><b>Selling and marketing expenses </b>were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.</p>\n<p><b>General and administrative expenses </b>were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.</p>\n<p><b>Research and development expenses </b>were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.</p>\n<p>The increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.</p>\n<p></p>\n<p><b>Operating loss </b>was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.</p>\n<p><b>Net loss </b>was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP net loss </b>was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.</p>\n<p><b>Non-GAAP EBITDA </b>was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses.&nbsp;<b>Non-GAAP EBITDA margin </b>was -5.8%, compared with -1.5% in the same quarter of 2020.</p>\n<p><b>Basic and diluted net loss per share </b>was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.</p>\n<p><b>Cash and cash equivalents and short-term investments </b>were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.</p>\n<p><b>Outstanding ordinary shares </b>were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.</p>\n<p>_______________</p>\n<p>2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.</p>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.</p>\n<p><b><u>Conference Call Information</u></b></p>\n<p>The Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.</p>\n<p>Participants can register for the conference call by navigating to <u>htt</u>p://a<u>pac.directeventreg.com/registration/event/3224539.</u> Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:</p>\n<p>International: +61-2-8199-0299</p>\n<p>U.S. Toll Free: +1-855-452-5696</p>\n<p>Mainland China Toll Free: 800-870-0206</p>\n<p>Hong Kong Toll Free: 800-963-117</p>\n<p>Conference ID: 3224539</p>\n<p>A live and archived webcast of the conference call will also be available at the Company’s investor relations website at <u>htt</u>p://ir.ks<u>yun.com/.</u></p>\n<p><b><u>Use of Non-GAAP Financial Measures</u></b></p>\n<p>The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define&nbsp;Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.</p>\n<p>These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p>\n<p>We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.</p>\n<p><b><u>Exchan</u></b><b>g</b><b><u>e Rate Information</u></b></p>\n<p>This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.</p>\n<p><b><u>Safe Harbor Statement</u></b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b><u>About Kingsoft Cloud Holdings Limited</u></b></p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.</p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"7\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"7\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Dec 31,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>ASSETS</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Cash and cash equivalents</td>\n   <td>3,424,674</td>\n   <td></td>\n   <td>3,444,174</td>\n   <td></td>\n   <td>534,527</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Restricted cash</td>\n   <td>—</td>\n   <td></td>\n   <td>150,593</td>\n   <td></td>\n   <td>23,372</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts receivable, net</td>\n   <td>2,334,871</td>\n   <td></td>\n   <td>4,431,060</td>\n   <td></td>\n   <td>687,690</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Short-term investments</td>\n   <td>2,693,019</td>\n   <td></td>\n   <td>2,550,488</td>\n   <td></td>\n   <td>395,830</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>887,086</td>\n   <td></td>\n   <td>1,127,668</td>\n   <td></td>\n   <td>175,011</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>205,068</td>\n   <td></td>\n   <td>270,572</td>\n   <td></td>\n   <td>41,992</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current assets</b></td>\n   <td><b>9,544,718</b></td>\n   <td></td>\n   <td><b>11,974,555</b></td>\n   <td></td>\n   <td><b>1,858,422</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Non-current assets:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Property and equipment, net</td>\n   <td>1,956,790</td>\n   <td></td>\n   <td>2,058,794</td>\n   <td></td>\n   <td>319,520</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Intangible assets, net</td>\n   <td>16,573</td>\n   <td></td>\n   <td>1,252,198</td>\n   <td></td>\n   <td>194,338</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Prepayments and other assets</td>\n   <td>11,824</td>\n   <td></td>\n   <td>49,291</td>\n   <td></td>\n   <td>7,650</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Equity investments</td>\n   <td>126,583</td>\n   <td></td>\n   <td>88,757</td>\n   <td></td>\n   <td>13,775</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Goodwill</td>\n   <td>-</td>\n   <td></td>\n   <td>4,402,568</td>\n   <td></td>\n   <td>683,268</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due from related parties</td>\n   <td>5,758</td>\n   <td></td>\n   <td>5,758</td>\n   <td></td>\n   <td>894</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating lease right-of-use assets</td>\n   <td>266,968</td>\n   <td></td>\n   <td>257,153</td>\n   <td></td>\n   <td>39,910</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Deferred tax assets</td>\n   <td>—</td>\n   <td></td>\n   <td>16,515</td>\n   <td></td>\n   <td>2,563</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current assets</b></td>\n   <td><b>2,384,496</b></td>\n   <td></td>\n   <td><b>8,131,034</b></td>\n   <td></td>\n   <td><b>1,261,918</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total assets</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>LIABILITIES AND SHAREHOLDERS’ EQUITY</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Short-term bank loans</td>\n   <td>278,488</td>\n   <td></td>\n   <td>901,455</td>\n   <td></td>\n   <td>139,904</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accounts payable</td>\n   <td>2,057,355</td>\n   <td></td>\n   <td>3,151,825</td>\n   <td></td>\n   <td>489,156</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accrued expenses and other current liabilities</td>\n   <td>845,374</td>\n   <td></td>\n   <td>1,458,523</td>\n   <td></td>\n   <td>226,359</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Long-term bank loan, current portion</td>\n   <td>74,351.00</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n   <td>—</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Income tax payable</td>\n   <td>20,564</td>\n   <td></td>\n   <td>79,673</td>\n   <td></td>\n   <td>12,365</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>112,998</td>\n   <td></td>\n   <td>263,930</td>\n   <td></td>\n   <td>40,961</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Current operating lease liabilities</td>\n   <td>76,469</td>\n   <td></td>\n   <td>74,638</td>\n   <td></td>\n   <td>11,584</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total current liabilities</b></td>\n   <td><b>3,465,599</b></td>\n   <td></td>\n   <td><b>5,930,044</b></td>\n   <td></td>\n   <td><b>920,329</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Non-current liabilities:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Deferred tax liabilities</td>\n   <td>29</td>\n   <td></td>\n   <td>251,081</td>\n   <td></td>\n   <td>38,967</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Amounts due to related parties</td>\n   <td>—</td>\n   <td></td>\n   <td>425,762</td>\n   <td></td>\n   <td>66,077</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other liabilities</td>\n   <td>40,578</td>\n   <td></td>\n   <td>1,256,123</td>\n   <td></td>\n   <td>194,947</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Non-current operating lease liabilities</td>\n   <td>182,958</td>\n   <td></td>\n   <td>181,622</td>\n   <td></td>\n   <td>28,187</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total non-current liabilities</b></td>\n   <td><b>223,565</b></td>\n   <td></td>\n   <td><b>2,114,588</b></td>\n   <td></td>\n   <td><b>328,178</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities</b></td>\n   <td><b>3,689,164</b></td>\n   <td></td>\n   <td><b>8,044,632</b></td>\n   <td></td>\n   <td><b>1,248,507</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Shareholders’ equity:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Ordinary shares</td>\n   <td>22,801</td>\n   <td></td>\n   <td>24,645</td>\n   <td></td>\n   <td>3,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Additional paid-in capital</td>\n   <td>14,149,984</td>\n   <td></td>\n   <td>18,112,182</td>\n   <td></td>\n   <td>2,810,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Accumulated deficit</td>\n   <td>(5,864,356</td>\n   <td>)</td>\n   <td>(6,980,829</td>\n   <td>)</td>\n   <td>(1,083,408</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Accumulated other comprehensive loss</td>\n   <td>(68,440</td>\n   <td>)</td>\n   <td>(88,882</td>\n   <td>)</td>\n   <td>(13,794</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Total Kingsoft Cloud Holdings Limited shareholders’ equity</b></td>\n   <td><b>8,239,989</b></td>\n   <td></td>\n   <td><b>11,067,116</b></td>\n   <td></td>\n   <td><b>1,717,591</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Noncontrolling interests</td>\n   <td>61</td>\n   <td></td>\n   <td>993,841</td>\n   <td></td>\n   <td>154,242</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total equity</b></td>\n   <td><b>8,240,050</b></td>\n   <td></td>\n   <td><b>12,060,957</b></td>\n   <td></td>\n   <td><b>1,871,833</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total liabilities and shareholders’ equity</b></td>\n   <td><b>11,929,214</b></td>\n   <td></td>\n   <td><b>20,105,589</b></td>\n   <td></td>\n   <td><b>3,120,340</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<p>For the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.</p>\n<p></p>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"17\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"17\"><b>(All amounts in thousands, except for share and per share data)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"8\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Revenues:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Public cloud services</td>\n   <td>1,309,693</td>\n   <td></td>\n   <td>1,391,833</td>\n   <td></td>\n   <td>1,550,777</td>\n   <td></td>\n   <td>1,685,999</td>\n   <td></td>\n   <td>261,663</td>\n   <td></td>\n   <td>3,805,346</td>\n   <td></td>\n   <td>4,628,609</td>\n   <td></td>\n   <td>718,349</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Enterprise cloud services</td>\n   <td>409,101</td>\n   <td></td>\n   <td>420,032</td>\n   <td></td>\n   <td>622,145</td>\n   <td></td>\n   <td>726,865</td>\n   <td></td>\n   <td>112,808</td>\n   <td></td>\n   <td>836,769</td>\n   <td></td>\n   <td>1,769,042</td>\n   <td></td>\n   <td>274,551</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Others</td>\n   <td>10,049</td>\n   <td></td>\n   <td>1,667</td>\n   <td></td>\n   <td>765</td>\n   <td></td>\n   <td>971</td>\n   <td></td>\n   <td>151</td>\n   <td></td>\n   <td>12,446</td>\n   <td></td>\n   <td>3,403</td>\n   <td></td>\n   <td>528</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Total revenues</b></td>\n   <td><b>1,728,843</b></td>\n   <td></td>\n   <td><b>1,813,532</b></td>\n   <td></td>\n   <td><b>2,173,687</b></td>\n   <td></td>\n   <td><b>2,413,835</b></td>\n   <td></td>\n   <td><b>374,622</b></td>\n   <td></td>\n   <td><b>4,654,561</b></td>\n   <td></td>\n   <td><b>6,401,054</b></td>\n   <td></td>\n   <td><b>993,428</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Cost of revenues</td>\n   <td>(1,615,945</td>\n   <td>)</td>\n   <td>(1,697,029</td>\n   <td>)</td>\n   <td>(2,055,205</td>\n   <td>)</td>\n   <td>(2,325,423</td>\n   <td>)</td>\n   <td>(360,900</td>\n   <td>)</td>\n   <td>(4,390,148</td>\n   <td>)</td>\n   <td>(6,077,657</td>\n   <td>)</td>\n   <td>(943,238</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Gross profit </b></td>\n   <td><b>112,898</b></td>\n   <td></td>\n   <td><b>116,503</b></td>\n   <td></td>\n   <td><b>118,482</b></td>\n   <td></td>\n   <td><b>88,412</b></td>\n   <td></td>\n   <td><b>13,722</b></td>\n   <td></td>\n   <td><b>264,413</b></td>\n   <td></td>\n   <td><b>323,397</b></td>\n   <td></td>\n   <td><b>50,190</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Operating expenses:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Selling and marketing expenses</td>\n   <td>(96,802</td>\n   <td>)</td>\n   <td>(112,826</td>\n   <td>)</td>\n   <td>(96,058</td>\n   <td>)</td>\n   <td>(132,202</td>\n   <td>)</td>\n   <td>(20,517</td>\n   <td>)</td>\n   <td>(294,545</td>\n   <td>)</td>\n   <td>(341,086</td>\n   <td>)</td>\n   <td>(52,936</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>General and administrative expenses</td>\n   <td>(91,338</td>\n   <td>)</td>\n   <td>(91,177</td>\n   <td>)</td>\n   <td>(110,637</td>\n   <td>)</td>\n   <td>(156,573</td>\n   <td>)</td>\n   <td>(24,300</td>\n   <td>)</td>\n   <td>(337,736</td>\n   <td>)</td>\n   <td>(358,387</td>\n   <td>)</td>\n   <td>(55,621</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Research and development expenses</td>\n   <td>(167,590</td>\n   <td>)</td>\n   <td>(264,636</td>\n   <td>)</td>\n   <td>(232,252</td>\n   <td>)</td>\n   <td>(268,721</td>\n   <td>)</td>\n   <td>(41,705</td>\n   <td>)</td>\n   <td>(594,068</td>\n   <td>)</td>\n   <td>(765,609</td>\n   <td>)</td>\n   <td>(118,821</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Total operating expenses</b></td>\n   <td><b>(355,730</b></td>\n   <td><b>)</b></td>\n   <td><b>(468,639</b></td>\n   <td><b>)</b></td>\n   <td><b>(438,947</b></td>\n   <td><b>)</b></td>\n   <td><b>(557,496</b></td>\n   <td><b>)</b></td>\n   <td><b>(86,522</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,226,349</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,465,082</b></td>\n   <td><b>)</b></td>\n   <td><b>(227,378</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td><b>Operating loss</b></td>\n   <td><b>(242,832</b></td>\n   <td><b>)</b></td>\n   <td><b>(352,136</b></td>\n   <td><b>)</b></td>\n   <td><b>(320,465</b></td>\n   <td><b>)</b></td>\n   <td><b>(469,084</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,800</b></td>\n   <td><b>)</b></td>\n   <td><b>(961,936</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,141,685</b></td>\n   <td><b>)</b></td>\n   <td><b>(177,188</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Interest income</td>\n   <td>24,414</td>\n   <td></td>\n   <td>17,746</td>\n   <td></td>\n   <td>18,927</td>\n   <td></td>\n   <td>14,668</td>\n   <td></td>\n   <td>2,276</td>\n   <td></td>\n   <td>55,446</td>\n   <td></td>\n   <td>51,341</td>\n   <td></td>\n   <td>7,968</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Interest expense</td>\n   <td>(3,940</td>\n   <td>)</td>\n   <td>(3,866</td>\n   <td>)</td>\n   <td>(6,689</td>\n   <td>)</td>\n   <td>(14,277</td>\n   <td>)</td>\n   <td>(2,216</td>\n   <td>)</td>\n   <td>(7,615</td>\n   <td>)</td>\n   <td>(24,832</td>\n   <td>)</td>\n   <td>(3,854</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Foreign exchange gain (loss)</td>\n   <td>117,714</td>\n   <td></td>\n   <td>(48,375</td>\n   <td>)</td>\n   <td>71,277</td>\n   <td></td>\n   <td>(32,443</td>\n   <td>)</td>\n   <td>(5,035</td>\n   <td>)</td>\n   <td>74,687</td>\n   <td></td>\n   <td>(9,541</td>\n   <td>)</td>\n   <td>(1,481</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Other gain</td>\n   <td>2,825</td>\n   <td></td>\n   <td>5,782</td>\n   <td></td>\n   <td>15,357</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>3,023</td>\n   <td></td>\n   <td>21,139</td>\n   <td></td>\n   <td>3,281</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Other income (expense), net</td>\n   <td>515</td>\n   <td></td>\n   <td>1,926</td>\n   <td></td>\n   <td>4,464</td>\n   <td></td>\n   <td>(596</td>\n   <td>)</td>\n   <td>(92</td>\n   <td>)</td>\n   <td>(9,086</td>\n   <td>)</td>\n   <td>5,794</td>\n   <td></td>\n   <td>899</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Loss before income taxes</b></td>\n   <td><b>(101,304</b></td>\n   <td><b>)</b></td>\n   <td><b>(378,923</b></td>\n   <td><b>)</b></td>\n   <td><b>(217,129</b></td>\n   <td><b>)</b></td>\n   <td><b>(501,732</b></td>\n   <td><b>)</b></td>\n   <td><b>(77,867</b></td>\n   <td><b>)</b></td>\n   <td><b>(845,481</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,097,784</b></td>\n   <td><b>)</b></td>\n   <td><b>(170,375</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Income tax expense</td>\n   <td>(4,033</td>\n   <td>)</td>\n   <td>(3,286</td>\n   <td>)</td>\n   <td>(3,469</td>\n   <td>)</td>\n   <td>(5,004</td>\n   <td>)</td>\n   <td>(777</td>\n   <td>)</td>\n   <td>(11,559</td>\n   <td>)</td>\n   <td>(11,759</td>\n   <td>)</td>\n   <td>(1,825</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Net loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: net income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to Kingsoft Cloud Holdings Limited</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,047</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Net loss attributable to ordinary shareholders</b></td>\n   <td><b>(105,533</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,464</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,354</b></td>\n   <td><b>)</b></td>\n   <td><b>(507,968</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,835</b></td>\n   <td><b>)</b></td>\n   <td><b>(876,815</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,110,786</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,393</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td><b>Net loss per share:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>(0.03</td>\n   <td>)</td>\n   <td>(0.11</td>\n   <td>)</td>\n   <td>(0.07</td>\n   <td>)</td>\n   <td>(0.15</td>\n   <td>)</td>\n   <td>(0.02</td>\n   <td>)</td>\n   <td>(0.42</td>\n   <td>)</td>\n   <td>(0.33</td>\n   <td>)</td>\n   <td>(0.05</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Shares used in the net loss per share computation:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Basic and diluted</td>\n   <td>3,153,524,558</td>\n   <td></td>\n   <td>3,343,336,997</td>\n   <td></td>\n   <td>3,351,178,745</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>3,437,397,527</td>\n   <td></td>\n   <td>2,098,997,211</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n   <td>3,377,952,450</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Other comprehensive (loss) income, net of tax of nil:</b></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>Foreign currency translation adjustments</td>\n   <td>(277,166</td>\n   <td>)</td>\n   <td>70,773</td>\n   <td></td>\n   <td>(132,888</td>\n   <td>)</td>\n   <td>41,673</td>\n   <td></td>\n   <td>6,468</td>\n   <td></td>\n   <td>(225,134</td>\n   <td>)</td>\n   <td>(20,442</td>\n   <td>)</td>\n   <td>(3,173</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss</b></td>\n   <td><b>(382,503</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,436</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,486</b></td>\n   <td><b>)</b></td>\n   <td><b>(465,063</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,176</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,174</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,129,985</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,373</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Less: Comprehensive income (loss) attributable to noncontrolling interests</td>\n   <td>196</td>\n   <td></td>\n   <td>255</td>\n   <td></td>\n   <td>(244</td>\n   <td>)</td>\n   <td>1,232</td>\n   <td></td>\n   <td>191</td>\n   <td></td>\n   <td>7</td>\n   <td></td>\n   <td>1,243</td>\n   <td></td>\n   <td>193</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,082,181</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Accretion to redemption value of redeemable convertible preferred shares</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(19,768</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td><b>Comprehensive loss attributable to ordinary shareholders</b></td>\n   <td><b>(382,699</b></td>\n   <td><b>)</b></td>\n   <td><b>(311,691</b></td>\n   <td><b>)</b></td>\n   <td><b>(353,242</b></td>\n   <td><b>)</b></td>\n   <td><b>(466,295</b></td>\n   <td><b>)</b></td>\n   <td><b>(72,367</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,101,949</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,131,228</b></td>\n   <td><b>)</b></td>\n   <td><b>(175,566</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"8\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"8\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><b>Three Months Ended</b></td>\n   <td colspan=\"3\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n   <td><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross profit</b></td>\n   <td><b>112,898</b></td>\n   <td><b>116,503</b></td>\n   <td><b>118,482</b></td>\n   <td><b>88,412</b></td>\n   <td><b>13,722</b></td>\n   <td><b>264,413</b></td>\n   <td><b>323,397</b></td>\n   <td><b>50,190</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>1,858</td>\n   <td>5,499</td>\n   <td>2,961</td>\n   <td>3,741</td>\n   <td>581</td>\n   <td>8,293</td>\n   <td>12,201</td>\n   <td>1,894</td>\n  </tr>\n  <tr>\n   <td>Adjusted gross profit</td>\n   <td>114,756</td>\n   <td>122,002</td>\n   <td>121,443</td>\n   <td>92,153</td>\n   <td>14,303</td>\n   <td>272,706</td>\n   <td>335,598</td>\n   <td>52,084</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"3\"><b>Three Months Ended</b></td>\n   <td></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Gross margin</b></td>\n   <td><b>6.5%</b></td>\n   <td><b>6.4%</b></td>\n   <td><b>5.5%</b></td>\n   <td><b>3.7%</b></td>\n   <td><b>5.7%</b></td>\n   <td><b>5.1%</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted gross margin</b></td>\n   <td><b>6.6%</b></td>\n   <td><b>6.7%</b></td>\n   <td><b>5.6%</b></td>\n   <td><b>3.8%</b></td>\n   <td><b>5.9%</b></td>\n   <td><b>5.2%</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"15\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td colspan=\"15\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"10\"><b>Three Months Ended</b></td>\n   <td colspan=\"6\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>March 31,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Jun 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td colspan=\"2\"><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net Loss</b></td>\n   <td><b>(105,337</b></td>\n   <td><b>)</b></td>\n   <td><b>(382,209</b></td>\n   <td><b>)</b></td>\n   <td><b>(220,598</b></td>\n   <td><b>)</b></td>\n   <td><b>(506,736</b></td>\n   <td><b>)</b></td>\n   <td><b>(78,644</b></td>\n   <td><b>)</b></td>\n   <td><b>(857,040</b></td>\n   <td><b>)</b></td>\n   <td><b>(1,109,543</b></td>\n   <td><b>)</b></td>\n   <td><b>(172,200</b></td>\n   <td><b>)</b></td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Share-based compensation expenses</td>\n   <td>57,339</td>\n   <td></td>\n   <td>123,113</td>\n   <td></td>\n   <td>76,092</td>\n   <td></td>\n   <td>110,006</td>\n   <td></td>\n   <td>17,073</td>\n   <td></td>\n   <td>275,571</td>\n   <td></td>\n   <td>309,211</td>\n   <td></td>\n   <td>47,989</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Foreign exchange (gain) loss</td>\n   <td>(117,714</td>\n   <td>)</td>\n   <td>48,375</td>\n   <td></td>\n   <td>(71,277</td>\n   <td>)</td>\n   <td>32,443</td>\n   <td></td>\n   <td>5,035</td>\n   <td></td>\n   <td>(74,687</td>\n   <td>)</td>\n   <td>9,541</td>\n   <td></td>\n   <td>1,481</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Other gain</td>\n   <td>(2,825</td>\n   <td>)</td>\n   <td>(5,782</td>\n   <td>)</td>\n   <td>(15,357</td>\n   <td>)</td>\n   <td>-</td>\n   <td></td>\n   <td>-</td>\n   <td></td>\n   <td>(3,023</td>\n   <td>)</td>\n   <td>(21,139</td>\n   <td>)</td>\n   <td>(3,281</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Other (income) expense, net</td>\n   <td>(515</td>\n   <td>)</td>\n   <td>(1,926</td>\n   <td>)</td>\n   <td>(4,464</td>\n   <td>)</td>\n   <td>596</td>\n   <td></td>\n   <td>92</td>\n   <td></td>\n   <td>9,086</td>\n   <td></td>\n   <td>(5,794</td>\n   <td>)</td>\n   <td>(899</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjusted net loss</td>\n   <td>(169,052</td>\n   <td>)</td>\n   <td>(218,429</td>\n   <td>)</td>\n   <td>(235,604</td>\n   <td>)</td>\n   <td>(363,691</td>\n   <td>)</td>\n   <td>(56,444</td>\n   <td>)</td>\n   <td>(650,093</td>\n   <td>)</td>\n   <td>(817,724</td>\n   <td>)</td>\n   <td>(126,910</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>Adjustments:</td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n  <tr>\n   <td>– Interest income</td>\n   <td>(24,414</td>\n   <td>)</td>\n   <td>(17,746</td>\n   <td>)</td>\n   <td>(18,927</td>\n   <td>)</td>\n   <td>(14,668</td>\n   <td>)</td>\n   <td>(2,276</td>\n   <td>)</td>\n   <td>(55,446</td>\n   <td>)</td>\n   <td>(51,341</td>\n   <td>)</td>\n   <td>(7,968</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td>– Interest expense</td>\n   <td>3,940</td>\n   <td></td>\n   <td>3,866</td>\n   <td></td>\n   <td>6,689</td>\n   <td></td>\n   <td>14,277</td>\n   <td></td>\n   <td>2,216</td>\n   <td></td>\n   <td>7,615</td>\n   <td></td>\n   <td>24,832</td>\n   <td></td>\n   <td>3,854</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Income tax expense</td>\n   <td>4,033</td>\n   <td></td>\n   <td>3,286</td>\n   <td></td>\n   <td>3,469</td>\n   <td></td>\n   <td>5,004</td>\n   <td></td>\n   <td>777</td>\n   <td></td>\n   <td>11,559</td>\n   <td></td>\n   <td>11,759</td>\n   <td></td>\n   <td>1,825</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>– Depreciation and amortization</td>\n   <td>159,199</td>\n   <td></td>\n   <td>180,466</td>\n   <td></td>\n   <td>189,123</td>\n   <td></td>\n   <td>218,450</td>\n   <td></td>\n   <td>33,903</td>\n   <td></td>\n   <td>584,788</td>\n   <td></td>\n   <td>588,039</td>\n   <td></td>\n   <td>91,262</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Adjusted EBITDA</td>\n   <td>(26,294</td>\n   <td>)</td>\n   <td>(48,557</td>\n   <td>)</td>\n   <td>(55,250</td>\n   <td>)</td>\n   <td>(140,628</td>\n   <td>)</td>\n   <td>(21,824</td>\n   <td>)</td>\n   <td>(101,577</td>\n   <td>)</td>\n   <td>(244,435</td>\n   <td>)</td>\n   <td>(37,937</td>\n   <td>)</td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n   <td colspan=\"2\"></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"6\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>RECONCILIATION OF GAAP AND NON-GAAP RESULTS</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><b>(All amounts in thousands, except for percentage)</b></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n   <td colspan=\"2\"><b>Nine Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>March 31,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Jun 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td><b>Net loss margin</b></td>\n   <td><b>(6.1%)</b></td>\n   <td><b>(21.1%)</b></td>\n   <td><b>(10.1%)</b></td>\n   <td><b>(21.0%)</b></td>\n   <td><b>(18.4%)</b></td>\n   <td><b>(17.3%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted net loss margin</b></td>\n   <td><b>(9.8%)</b></td>\n   <td><b>(12.0%)</b></td>\n   <td><b>(10.8%)</b></td>\n   <td><b>(15.1%)</b></td>\n   <td><b>(14.0%)</b></td>\n   <td><b>(12.8%)</b></td>\n  </tr>\n  <tr>\n   <td><b>Adjusted EBITDA margin</b></td>\n   <td><b>(1.5%)</b></td>\n   <td><b>(2.7%)</b></td>\n   <td><b>(2.5%)</b></td>\n   <td><b>(5.8%)</b></td>\n   <td><b>(2.2%)</b></td>\n   <td><b>(3.8%)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td colspan=\"5\"><b>KINGSOFT CLOUD HOLDINGS LIMITED</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS</b></td>\n  </tr>\n  <tr>\n   <td colspan=\"5\"><b>(All amounts in thousands)</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"4\"><b>Three Months Ended</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>Sep 30,</b></td>\n   <td colspan=\"2\"><b>2020</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n   <td><b>Sep 30,</b></td>\n   <td><b>2021</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"><b>RMB</b></td>\n   <td><b>RMB</b></td>\n   <td><b>US$</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from operating activities</b></td>\n   <td><b>(103,510</b></td>\n   <td><b>)</b></td>\n   <td><b>13,926</b></td>\n   <td><b>2,161</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash (used in) generated from investing activities</b></td>\n   <td><b>(1,037,103</b></td>\n   <td><b>)</b></td>\n   <td><b>99,442</b></td>\n   <td><b>15,433</b></td>\n  </tr>\n  <tr>\n   <td><b>Net cash generated from financing activities</b></td>\n   <td><b>1,770,098</b></td>\n   <td></td>\n   <td><b>526,164</b></td>\n   <td><b>81,659</b></td>\n  </tr>\n  <tr>\n   <td>Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n   <td>(73,469</td>\n   <td>)</td>\n   <td>616</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Net increase in cash, cash equivalents and restricted cash</td>\n   <td>629,485</td>\n   <td></td>\n   <td>639,532</td>\n   <td>99,253</td>\n  </tr>\n  <tr>\n   <td>Cash, cash equivalents and restricted cash at beginning of period</td>\n   <td>3,310,487</td>\n   <td></td>\n   <td>2,954,619</td>\n   <td>458,550</td>\n  </tr>\n  <tr>\n   <td><b>Cash, cash equivalents and restricted cash at end of period</b></td>\n   <td><b>3,866,503</b></td>\n   <td></td>\n   <td><b>3,594,767</b></td>\n   <td><b>557,899</b></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"2\"></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KC":"金山云"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185591503","content_text":"BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.\nMr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “As the largest independent cloud service provider in China, we continue to execute our growth strategies as we strive to ‘become the most trusted cloud partner for our customers, and create the digital future together’. Despite headwinds in the macro environment, we are making great strides in building and strengthening relationships with premium customers. Last quarter we engaged with Meituan as our new customer. We have seen these newly engaged premium customers continue to contribute more to our incremental public cloud revenues. We are proud to announce that Pinduoduo, one of the largest e-commerce platforms in China, became a new customer this quarter. We expect the new customer engagement trend continue to boost our public cloud growth. In addition, we have captured the new opportunities amid the regulation changes and started working with Shouqi, one of the emerging ride-hailing applications to empower them navigating the shifting landscape in China since July this year. Through these cooperation, we made further progress in enriching and diversifying our products and solution offerings in different sectors. And lastly, we are on track of integrating Camelot as a part of our efforts to build out our enterprise cloud services business. They currently serve over 500 premium customers and own multiple fulfillment centers, and we are now working on cross selling our services and enhancing our execution capabilities. We believe we are well positioned for long-term and healthy growth in this new era of digitalization.”\nMr. Henry He, Chief Financial Officer of Kingsoft Cloud added, “Our total revenues were RMB2,413.8 million, up 40% year-over-year. Revenue from public cloud services was RMB1,686.0 million. For the second time in a row, our public cloud incremental revenues rose over RMB100 million sequentially, and it was the seventh consecutive quarterly revenue increase since our IPO. Revenue from enterprise cloud services was RMB726.9 million, a year-over-year increase of 78%. In October, we held our inaugural Kingsoft Cloud Summit & Investor Day. We would like to express our appreciation for all those who attended and for your continued support.”\nThird Quarter 2021 Financial Results\nTotal Revenues reached RMB2,413.8 million (US$374.61 million), representing an increase of 39.6% from RMB1,728.8 million in the same period of 2020. The increases were due to the growth in both public cloud services and enterprise cloud services for our premium customers.\n\nRevenues from public cloud services were RMB1,686.0 million (US$261.7 million), representing an increase of 28.7% from RMB1,309.7 million in the same period of 2020 and a quarter-over-quarter incremental increase of RMB135.2 million. Revenues from public cloud services have been increasing for seven consecutive quarters since our first quarterly results after IPO. The increase was mainly due to our stable relations with top premium customers, engagement with new high-profile customers and cross-selling of our diversified products and solutions.\nRevenues from enterprise cloud services were RMB726.9 million (US$112.8 million), representing an increase of 77.7% from RMB409.1 million in the same period of 2020. The increase was mainly due to the strong demand in the market and our capabilities to provide industry-specific solutions, partially offset by the power shortage issues which delayed certain delivery process of enterprise cloud projects.\n\n\nOther revenues were RMB0.9 million (US$0.1 million).\n\n\n_______________\n1 This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nCost of revenues was RMB2,325.4 million (US$360.9 million), representing an increase of 43.9% from RMB1,615.9 million in the same period of 2020. IDC costs increased by 33.1% to RMB1,410.9 million (US$219.0 million) from RMB1,060.1 million in the same period of 2020, in line with the Company’s expanding business. Depreciation and amortization costs were RMB200.0 million (US$31.0 million), compared with RMB156.5 million in the same period of 2020.\nGross profit decreased by 21.7% to RMB88.4 million (US$13.7 million), from RMB112.9 million in the same period in 2020. Gross margin was 3.7%, compared with 6.5% in the same period in 2020.\nNon-GAAP gross profit2 decreased by 19.7% to RMB92.2 million (US$14.3 million), from RMB114.8 million in the same period in 2020. Non- GAAP gross margin was 3.8%, compared with 6.6% in the same period in 2020. The decrease was primarily due to lower than expected utilization of our underlying public cloud infrastructure which was budgeted based on demand forecast as of the beginning of the year, and industry-wide public cloud demand turned out to be lower than expected.\nSelling and marketing expenses were RMB132.2 million (US$20.5 million), compared with RMB96.8 million in the same period in 2020.\nGeneral and administrative expenses were RMB156.6 million (US$24.3 million), compared with RMB91.3 million in the same period in 2020.\nResearch and development expenses were RMB268.7 million (US$41.7 million), compared with RMB167.6 million in the same period in 2020.\nThe increase in expenses was primarily due to the increase in salaries, social insurance fees and share-based compensation expenses.\n\nOperating loss was RMB469.1 million (US$72.8 million), compared with operating loss of RMB242.8 million in the same quarter of 2020.\nNet loss was RMB506.7 million (US$78.6 million), compared with net loss of RMB105.3 million in the same quarter of 2020.\nNon-GAAP net loss was RMB363.7 million (US$56.4 million), compared with net loss of RMB169.1 million in the same quarter of 2020.\nNon-GAAP EBITDA was RMB-140.6 million (US$-21.8 million), compared with RMB-26.3 million in the same quarter of 2020. The decrease of Non-GAAP EBITDA was due to the changes of gross profits, the increase of personnel expenses and one time off Camelot transaction expenses. Non-GAAP EBITDA margin was -5.8%, compared with -1.5% in the same quarter of 2020.\nBasic and diluted net loss per share was RMB0.15 (US$0.02), compared with RMB0.03 in the same quarter of 2020.\nCash and cash equivalents and short-term investments were RMB5,994.7 million (US$930.4 million) as of September 30, 2021, compared to RMB5,474.9 million as of June 30, 2021.\nOutstanding ordinary shares were 3,625,037,000 as of September 30, 2021, equivalent to about 241,669,133 ADSs.\n_______________\n2 Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.\nBusiness Outlook\nFor the fourth quarter of 2021, the Company expects total revenues to be between RMB2.63 billion and RMB2.83 billion, representing a year- over-year growth of 37% to 47%. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change.\nConference Call Information\nThe Company will hold a conference call on Wednesday, November 24, 2021, at 7:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong Time on the same day) to discuss the financial results.\nParticipants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/3224539. Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique registrant ID.\nTo join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your registrant ID, and you will join the conference instantly.\nA telephone replay of the call will be available after the conclusion of the conference call through 8:00 a.m. U.S. Eastern Time, December 2, 2021. The dial-in details for the replay are as follows:\nInternational: +61-2-8199-0299\nU.S. Toll Free: +1-855-452-5696\nMainland China Toll Free: 800-870-0206\nHong Kong Toll Free: 800-963-117\nConference ID: 3224539\nA live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.ksyun.com/.\nUse of Non-GAAP Financial Measures\nThe unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation, foreign exchange (gain) loss, other gain and other (income) expense, net, and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors’ assessment of our operating performance.\nThese non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.\nWe compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.\nExchange Rate Information\nThis press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB6.4434 to US$1.00, the noon buying rate in effect on September 30, 2021 as certified for customs purposes by the Federal Reserve Bank of New York.\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.\nAbout Kingsoft Cloud Holdings Limited\nKingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS\n\n\n(All amounts in thousands)\n\n\n\nDec 31,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nASSETS\n\n\n\n\n\nCurrent assets:\n\n\n\n\n\nCash and cash equivalents\n3,424,674\n\n3,444,174\n\n534,527\n\n\n\nRestricted cash\n—\n\n150,593\n\n23,372\n\n\n\nAccounts receivable, net\n2,334,871\n\n4,431,060\n\n687,690\n\n\n\nShort-term investments\n2,693,019\n\n2,550,488\n\n395,830\n\n\n\nPrepayments and other assets\n887,086\n\n1,127,668\n\n175,011\n\n\n\nAmounts due from related parties\n205,068\n\n270,572\n\n41,992\n\n\n\nTotal current assets\n9,544,718\n\n11,974,555\n\n1,858,422\n\n\n\nNon-current assets:\n\n\n\n\n\nProperty and equipment, net\n1,956,790\n\n2,058,794\n\n319,520\n\n\n\nIntangible assets, net\n16,573\n\n1,252,198\n\n194,338\n\n\n\nPrepayments and other assets\n11,824\n\n49,291\n\n7,650\n\n\n\nEquity investments\n126,583\n\n88,757\n\n13,775\n\n\n\nGoodwill\n-\n\n4,402,568\n\n683,268\n\n\n\nAmounts due from related parties\n5,758\n\n5,758\n\n894\n\n\n\nOperating lease right-of-use assets\n266,968\n\n257,153\n\n39,910\n\n\n\nDeferred tax assets\n—\n\n16,515\n\n2,563\n\n\n\nTotal non-current assets\n2,384,496\n\n8,131,034\n\n1,261,918\n\n\n\nTotal assets\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\nLIABILITIES AND SHAREHOLDERS’ EQUITY\n\n\n\n\n\nCurrent liabilities:\n\n\n\n\n\nShort-term bank loans\n278,488\n\n901,455\n\n139,904\n\n\n\nAccounts payable\n2,057,355\n\n3,151,825\n\n489,156\n\n\n\nAccrued expenses and other current liabilities\n845,374\n\n1,458,523\n\n226,359\n\n\n\nLong-term bank loan, current portion\n74,351.00\n\n—\n\n—\n\n\n\nIncome tax payable\n20,564\n\n79,673\n\n12,365\n\n\n\nAmounts due to related parties\n112,998\n\n263,930\n\n40,961\n\n\n\nCurrent operating lease liabilities\n76,469\n\n74,638\n\n11,584\n\n\n\nTotal current liabilities\n3,465,599\n\n5,930,044\n\n920,329\n\n\n\n\n\n\n\n\n\nNon-current liabilities:\n\n\n\n\n\nDeferred tax liabilities\n29\n\n251,081\n\n38,967\n\n\n\nAmounts due to related parties\n—\n\n425,762\n\n66,077\n\n\n\nOther liabilities\n40,578\n\n1,256,123\n\n194,947\n\n\n\nNon-current operating lease liabilities\n182,958\n\n181,622\n\n28,187\n\n\n\nTotal non-current liabilities\n223,565\n\n2,114,588\n\n328,178\n\n\n\nTotal liabilities\n3,689,164\n\n8,044,632\n\n1,248,507\n\n\n\nShareholders’ equity:\n\n\n\n\n\nOrdinary shares\n22,801\n\n24,645\n\n3,825\n\n\n\nAdditional paid-in capital\n14,149,984\n\n18,112,182\n\n2,810,968\n\n\n\nAccumulated deficit\n(5,864,356\n)\n(6,980,829\n)\n(1,083,408\n)\n\n\nAccumulated other comprehensive loss\n(68,440\n)\n(88,882\n)\n(13,794\n)\n\n\nTotal Kingsoft Cloud Holdings Limited shareholders’ equity\n8,239,989\n\n11,067,116\n\n1,717,591\n\n\n\nNoncontrolling interests\n61\n\n993,841\n\n154,242\n\n\n\nTotal equity\n8,240,050\n\n12,060,957\n\n1,871,833\n\n\n\nTotal liabilities and shareholders’ equity\n11,929,214\n\n20,105,589\n\n3,120,340\n\n\n\n\n\n\n\n\n\n\nFor the business combinations occurred during the period, the Company is in the process of finalizing valuations of the net identifiable assets acquired. As the Company receives additional information during the measurement period, the fair values assigned to the assets and liabilities may be adjusted.\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS\n\n\n(All amounts in thousands, except for share and per share data)\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nRevenues:\n\n\n\n\n\n\n\n\n\n\nPublic cloud services\n1,309,693\n\n1,391,833\n\n1,550,777\n\n1,685,999\n\n261,663\n\n3,805,346\n\n4,628,609\n\n718,349\n\n\n\nEnterprise cloud services\n409,101\n\n420,032\n\n622,145\n\n726,865\n\n112,808\n\n836,769\n\n1,769,042\n\n274,551\n\n\n\nOthers\n10,049\n\n1,667\n\n765\n\n971\n\n151\n\n12,446\n\n3,403\n\n528\n\n\n\nTotal revenues\n1,728,843\n\n1,813,532\n\n2,173,687\n\n2,413,835\n\n374,622\n\n4,654,561\n\n6,401,054\n\n993,428\n\n\n\nCost of revenues\n(1,615,945\n)\n(1,697,029\n)\n(2,055,205\n)\n(2,325,423\n)\n(360,900\n)\n(4,390,148\n)\n(6,077,657\n)\n(943,238\n)\n\n\nGross profit \n112,898\n\n116,503\n\n118,482\n\n88,412\n\n13,722\n\n264,413\n\n323,397\n\n50,190\n\n\n\nOperating expenses:\n\n\n\n\n\n\n\n\n\n\nSelling and marketing expenses\n(96,802\n)\n(112,826\n)\n(96,058\n)\n(132,202\n)\n(20,517\n)\n(294,545\n)\n(341,086\n)\n(52,936\n)\n\n\nGeneral and administrative expenses\n(91,338\n)\n(91,177\n)\n(110,637\n)\n(156,573\n)\n(24,300\n)\n(337,736\n)\n(358,387\n)\n(55,621\n)\n\n\nResearch and development expenses\n(167,590\n)\n(264,636\n)\n(232,252\n)\n(268,721\n)\n(41,705\n)\n(594,068\n)\n(765,609\n)\n(118,821\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal operating expenses\n(355,730\n)\n(468,639\n)\n(438,947\n)\n(557,496\n)\n(86,522\n)\n(1,226,349\n)\n(1,465,082\n)\n(227,378\n)\n\n\nOperating loss\n(242,832\n)\n(352,136\n)\n(320,465\n)\n(469,084\n)\n(72,800\n)\n(961,936\n)\n(1,141,685\n)\n(177,188\n)\n\n\nInterest income\n24,414\n\n17,746\n\n18,927\n\n14,668\n\n2,276\n\n55,446\n\n51,341\n\n7,968\n\n\n\nInterest expense\n(3,940\n)\n(3,866\n)\n(6,689\n)\n(14,277\n)\n(2,216\n)\n(7,615\n)\n(24,832\n)\n(3,854\n)\n\n\nForeign exchange gain (loss)\n117,714\n\n(48,375\n)\n71,277\n\n(32,443\n)\n(5,035\n)\n74,687\n\n(9,541\n)\n(1,481\n)\n\n\nOther gain\n2,825\n\n5,782\n\n15,357\n\n-\n\n-\n\n3,023\n\n21,139\n\n3,281\n\n\n\nOther income (expense), net\n515\n\n1,926\n\n4,464\n\n(596\n)\n(92\n)\n(9,086\n)\n5,794\n\n899\n\n\n\nLoss before income taxes\n(101,304\n)\n(378,923\n)\n(217,129\n)\n(501,732\n)\n(77,867\n)\n(845,481\n)\n(1,097,784\n)\n(170,375\n)\n\n\nIncome tax expense\n(4,033\n)\n(3,286\n)\n(3,469\n)\n(5,004\n)\n(777\n)\n(11,559\n)\n(11,759\n)\n(1,825\n)\n\n\nNet loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nLess: net income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nNet loss attributable to Kingsoft Cloud Holdings Limited\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(857,047\n)\n(1,110,786\n)\n(172,393\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nNet loss attributable to ordinary shareholders\n(105,533\n)\n(382,464\n)\n(220,354\n)\n(507,968\n)\n(78,835\n)\n(876,815\n)\n(1,110,786\n)\n(172,393\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet loss per share:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n(0.03\n)\n(0.11\n)\n(0.07\n)\n(0.15\n)\n(0.02\n)\n(0.42\n)\n(0.33\n)\n(0.05\n)\n\n\nShares used in the net loss per share computation:\n\n\n\n\n\n\n\n\n\n\nBasic and diluted\n3,153,524,558\n\n3,343,336,997\n\n3,351,178,745\n\n3,437,397,527\n\n3,437,397,527\n\n2,098,997,211\n\n3,377,952,450\n\n3,377,952,450\n\n\n\nOther comprehensive (loss) income, net of tax of nil:\n\n\n\n\n\n\n\n\n\n\nForeign currency translation adjustments\n(277,166\n)\n70,773\n\n(132,888\n)\n41,673\n\n6,468\n\n(225,134\n)\n(20,442\n)\n(3,173\n)\n\n\nComprehensive loss\n(382,503\n)\n(311,436\n)\n(353,486\n)\n(465,063\n)\n(72,176\n)\n(1,082,174\n)\n(1,129,985\n)\n(175,373\n)\n\n\nLess: Comprehensive income (loss) attributable to noncontrolling interests\n196\n\n255\n\n(244\n)\n1,232\n\n191\n\n7\n\n1,243\n\n193\n\n\n\nComprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,082,181\n)\n(1,131,228\n)\n(175,566\n)\n\n\nAccretion to redemption value of redeemable convertible preferred shares\n-\n\n-\n\n-\n\n-\n\n-\n\n(19,768\n)\n-\n\n-\n\n\n\nComprehensive loss attributable to ordinary shareholders\n(382,699\n)\n(311,691\n)\n(353,242\n)\n(466,295\n)\n(72,367\n)\n(1,101,949\n)\n(1,131,228\n)\n(175,566\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nGross profit\n112,898\n116,503\n118,482\n88,412\n13,722\n264,413\n323,397\n50,190\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n1,858\n5,499\n2,961\n3,741\n581\n8,293\n12,201\n1,894\n\n\nAdjusted gross profit\n114,756\n122,002\n121,443\n92,153\n14,303\n272,706\n335,598\n52,084\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nGross margin\n6.5%\n6.4%\n5.5%\n3.7%\n5.7%\n5.1%\n\n\nAdjusted gross margin\n6.6%\n6.7%\n5.6%\n3.8%\n5.9%\n5.2%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nRMB\nRMB\nUS$\nRMB\nRMB\nUS$\n\n\nNet Loss\n(105,337\n)\n(382,209\n)\n(220,598\n)\n(506,736\n)\n(78,644\n)\n(857,040\n)\n(1,109,543\n)\n(172,200\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Share-based compensation expenses\n57,339\n\n123,113\n\n76,092\n\n110,006\n\n17,073\n\n275,571\n\n309,211\n\n47,989\n\n\n\n– Foreign exchange (gain) loss\n(117,714\n)\n48,375\n\n(71,277\n)\n32,443\n\n5,035\n\n(74,687\n)\n9,541\n\n1,481\n\n\n\n– Other gain\n(2,825\n)\n(5,782\n)\n(15,357\n)\n-\n\n-\n\n(3,023\n)\n(21,139\n)\n(3,281\n)\n\n\n– Other (income) expense, net\n(515\n)\n(1,926\n)\n(4,464\n)\n596\n\n92\n\n9,086\n\n(5,794\n)\n(899\n)\n\n\nAdjusted net loss\n(169,052\n)\n(218,429\n)\n(235,604\n)\n(363,691\n)\n(56,444\n)\n(650,093\n)\n(817,724\n)\n(126,910\n)\n\n\nAdjustments:\n\n\n\n\n\n\n\n\n\n\n– Interest income\n(24,414\n)\n(17,746\n)\n(18,927\n)\n(14,668\n)\n(2,276\n)\n(55,446\n)\n(51,341\n)\n(7,968\n)\n\n\n– Interest expense\n3,940\n\n3,866\n\n6,689\n\n14,277\n\n2,216\n\n7,615\n\n24,832\n\n3,854\n\n\n\n– Income tax expense\n4,033\n\n3,286\n\n3,469\n\n5,004\n\n777\n\n11,559\n\n11,759\n\n1,825\n\n\n\n– Depreciation and amortization\n159,199\n\n180,466\n\n189,123\n\n218,450\n\n33,903\n\n584,788\n\n588,039\n\n91,262\n\n\n\nAdjusted EBITDA\n(26,294\n)\n(48,557\n)\n(55,250\n)\n(140,628\n)\n(21,824\n)\n(101,577\n)\n(244,435\n)\n(37,937\n)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\n\nRECONCILIATION OF GAAP AND NON-GAAP RESULTS\n\n\n\n(All amounts in thousands, except for percentage)\n\n\n\n\nThree Months Ended\nNine Months Ended\n\n\n\nSep 30,\n2020\nMarch 31,\n2021\nJun 30,\n2021\nSep 30,\n2021\nSep 30,\n2020\nSep 30,\n2021\n\n\nNet loss margin\n(6.1%)\n(21.1%)\n(10.1%)\n(21.0%)\n(18.4%)\n(17.3%)\n\n\nAdjusted net loss margin\n(9.8%)\n(12.0%)\n(10.8%)\n(15.1%)\n(14.0%)\n(12.8%)\n\n\nAdjusted EBITDA margin\n(1.5%)\n(2.7%)\n(2.5%)\n(5.8%)\n(2.2%)\n(3.8%)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nKINGSOFT CLOUD HOLDINGS LIMITED\n\n\nUNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS\n\n\n(All amounts in thousands)\n\n\n\nThree Months Ended\n\n\n\nSep 30,\n2020\nSep 30,\n2021\nSep 30,\n2021\n\n\n\nRMB\nRMB\nUS$\n\n\nNet cash (used in) generated from operating activities\n(103,510\n)\n13,926\n2,161\n\n\nNet cash (used in) generated from investing activities\n(1,037,103\n)\n99,442\n15,433\n\n\nNet cash generated from financing activities\n1,770,098\n\n526,164\n81,659\n\n\nEffect of exchange rate changes on cash, cash equivalents and restricted cash\n(73,469\n)\n616\n96\n\n\nNet increase in cash, cash equivalents and restricted cash\n629,485\n\n639,532\n99,253\n\n\nCash, cash equivalents and restricted cash at beginning of period\n3,310,487\n\n2,954,619\n458,550\n\n\nCash, cash equivalents and restricted cash at end of period\n3,866,503\n\n3,594,767\n557,899","news_type":1},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874106691,"gmtCreate":1637737855232,"gmtModify":1637737855365,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like.pls","listText":"Like.pls","text":"Like.pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874106691","repostId":"1156906211","repostType":4,"repost":{"id":"1156906211","kind":"news","pubTimestamp":1637737628,"share":"https://www.laohu8.com/m/news/1156906211?lang=&edition=full","pubTime":"2021-11-24 15:07","market":"us","language":"en","title":"Health Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1156906211","media":"Bloomberg","summary":"India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwal","content":"<p>India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling shares, even after Paytm’s brutal first-day slump following its initial public offering.</p>\n<p>The company and its shareholders are selling as much as 81 million shares between 870 rupees and 900 rupees each, according to the terms of the deal obtained by Bloomberg News. The total proceeds could be as high as $975 million, with about 73% being offered to qualified institutional buyers.</p>\n<p>The offering in India’s booming IPO market is set to test investors’ appetite just as digital payments startup Paytm slumped more than 30% in the first three days of trade after raising $2.5 billion in India’s biggest-ever IPO. Several expected listings in the nation are now under a close watch as investors question valuations for the country’s startups.</p>\n<p>Star Health and Allied Insurance’s offering is expected to allocate as much as $720 million to qualified institutional buyers, including about $432 million to anchor investors, according to the terms.</p>\n<p>Jhunjhunwala, locally known as India’s Warren Buffett, is among the company’s main holders. It has a share of about 16% in the Indian health insurance market, according to the prospectus.</p>\n<p>“The retail health market segment is expected to emerge as a key growth driver for the overall health insurance industry in India after the Covid-19 crisis” due to a low penetration of health insurance and high out-of-pocket expenses for healthcare costs, the document said.</p>\n<p>The expected listing date is Dec. 10. BofA Securities India, Kotak Mahindra Capital Company, ICICI Securities, Axis Capital, Citigroup Global Markets India Private, and KFin Technologies Private are its book running lead managers.</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>Health Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO</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\">\nHealth Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling ...</p>\n\n<a href=\"https://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html\">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://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156906211","content_text":"India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling shares, even after Paytm’s brutal first-day slump following its initial public offering.\nThe company and its shareholders are selling as much as 81 million shares between 870 rupees and 900 rupees each, according to the terms of the deal obtained by Bloomberg News. The total proceeds could be as high as $975 million, with about 73% being offered to qualified institutional buyers.\nThe offering in India’s booming IPO market is set to test investors’ appetite just as digital payments startup Paytm slumped more than 30% in the first three days of trade after raising $2.5 billion in India’s biggest-ever IPO. Several expected listings in the nation are now under a close watch as investors question valuations for the country’s startups.\nStar Health and Allied Insurance’s offering is expected to allocate as much as $720 million to qualified institutional buyers, including about $432 million to anchor investors, according to the terms.\nJhunjhunwala, locally known as India’s Warren Buffett, is among the company’s main holders. It has a share of about 16% in the Indian health insurance market, according to the prospectus.\n“The retail health market segment is expected to emerge as a key growth driver for the overall health insurance industry in India after the Covid-19 crisis” due to a low penetration of health insurance and high out-of-pocket expenses for healthcare costs, the document said.\nThe expected listing date is Dec. 10. BofA Securities India, Kotak Mahindra Capital Company, ICICI Securities, Axis Capital, Citigroup Global Markets India Private, and KFin Technologies Private are its book running lead managers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875251881,"gmtCreate":1637660805990,"gmtModify":1637660806080,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875251881","repostId":"1114486159","repostType":4,"repost":{"id":"1114486159","kind":"news","pubTimestamp":1637659961,"share":"https://www.laohu8.com/m/news/1114486159?lang=&edition=full","pubTime":"2021-11-23 17:32","market":"us","language":"en","title":"Singapore CPI Rises Faster Than Expected as Policy in Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1114486159","media":"Bloomberg","summary":"Consumer prices in Singapore rose faster than expected last month, sharpening attention on whether t","content":"<p>Consumer prices in Singapore rose faster than expected last month, sharpening attention on whether the central bank will further tighten policy at its April meeting.</p>\n<p>Higher services and food drove up core inflation in October, along with a smaller drop in the cost of retail and other goods, the Monetary Authority of Singapore and the Ministry of Trade and Industry said in a statement Tuesday.</p>\n<p>“Rising imported and labor costs, alongside the recovery in domestic economic activity, will support a steady increase in core inflation in the quarters ahead,” they said.</p>\n<p><img src=\"https://static.tigerbbs.com/ee33bfe285aed7b624ca2c4080d2d170\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Higher consumer prices have taken center stage for policy makers globally amid supply chain bottlenecks and stronger commodities costs. The stubborn inflation figures risk forcing central banks to raise interest rates and roll back easy monetary settings that have helped economies rebound from the pandemic.</p>\n<p>“The figures do solidify the chances of an MAS tightening,” said Alvin Tan, head of Asia FX Strategy at RBC Capital Markets.</p>\n<p>Ravi Menon, managing director of the MAS, said earlier this month that the “balance of risk has shifted toward inflation” and that the central bank is “ready to act.”</p>\n<p>The Singapore dollar, which the central bank uses as its main policy-setting tool, erased half of its earlier loss and traded at 1.3658 as of 1:32 p.m. local time. Its 1.3% slip since a&nbsp;surprise MAS decision in October&nbsp;to “slightly” raise the currency band slope has mainly been driven by strength in the U.S. dollar.</p>\n<p>“Markets will come around to another tightening,” by the MAS in April, said Khoon Goh, head of Asia research at Australia &amp; New Zealand Banking Group in Singapore. “Maybe this will be the catalyst to halt the slide in the Singapore dollar.”</p>\n<p>Core inflation, which excludes accommodation and private transport costs, increased 1.5% in October, Tuesday’s data showed, compared with a median estimate of 1.3% in a Bloomberg survey and 1.2% the previous month. Headline inflation advanced 3.2%, the highest since March 2013 and versus a survey median of 2.8%.</p>\n<p>The MAS on Tuesday also reiterated its outlook for core inflation at 1%-2% next year, with headline prices growing 1.5%-2.5%.</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>Singapore CPI Rises Faster Than Expected as Policy in Focus</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\">\nSingapore CPI Rises Faster Than Expected as Policy in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-23/singapore-cpi-rises-faster-than-expected-as-policy-in-focus?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Consumer prices in Singapore rose faster than expected last month, sharpening attention on whether the central bank will further tighten policy at its April meeting.\nHigher services and food drove up ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-23/singapore-cpi-rises-faster-than-expected-as-policy-in-focus?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-23/singapore-cpi-rises-faster-than-expected-as-policy-in-focus?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114486159","content_text":"Consumer prices in Singapore rose faster than expected last month, sharpening attention on whether the central bank will further tighten policy at its April meeting.\nHigher services and food drove up core inflation in October, along with a smaller drop in the cost of retail and other goods, the Monetary Authority of Singapore and the Ministry of Trade and Industry said in a statement Tuesday.\n“Rising imported and labor costs, alongside the recovery in domestic economic activity, will support a steady increase in core inflation in the quarters ahead,” they said.\n\nHigher consumer prices have taken center stage for policy makers globally amid supply chain bottlenecks and stronger commodities costs. The stubborn inflation figures risk forcing central banks to raise interest rates and roll back easy monetary settings that have helped economies rebound from the pandemic.\n“The figures do solidify the chances of an MAS tightening,” said Alvin Tan, head of Asia FX Strategy at RBC Capital Markets.\nRavi Menon, managing director of the MAS, said earlier this month that the “balance of risk has shifted toward inflation” and that the central bank is “ready to act.”\nThe Singapore dollar, which the central bank uses as its main policy-setting tool, erased half of its earlier loss and traded at 1.3658 as of 1:32 p.m. local time. Its 1.3% slip since a surprise MAS decision in October to “slightly” raise the currency band slope has mainly been driven by strength in the U.S. dollar.\n“Markets will come around to another tightening,” by the MAS in April, said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group in Singapore. “Maybe this will be the catalyst to halt the slide in the Singapore dollar.”\nCore inflation, which excludes accommodation and private transport costs, increased 1.5% in October, Tuesday’s data showed, compared with a median estimate of 1.3% in a Bloomberg survey and 1.2% the previous month. Headline inflation advanced 3.2%, the highest since March 2013 and versus a survey median of 2.8%.\nThe MAS on Tuesday also reiterated its outlook for core inflation at 1%-2% next year, with headline prices growing 1.5%-2.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875013594,"gmtCreate":1637586880594,"gmtModify":1637586880691,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875013594","repostId":"1153786917","repostType":4,"repost":{"id":"1153786917","kind":"news","pubTimestamp":1637534687,"share":"https://www.laohu8.com/m/news/1153786917?lang=&edition=full","pubTime":"2021-11-22 06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p>\n<p>Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p>\n<p>Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p>\n<p>The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p>\n<p>On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p>\n<p>On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p>\n<p>U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p>\n<p>Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p>\n<p><b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p>\n<p>Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p>\n<p><b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p>\n<p><b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p>\n<p>Deere reports fiscal fourth-quarter 2021 results.</p>\n<p><b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p>\n<p><b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p>\n<p><b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p>\n<p><b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p>\n<p><b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-22 06:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from ...</p>\n\n<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","ZM":"Zoom",".SPX":"S&P 500 Index",".DJI":"道琼斯","BBY":"百思买","DE":"迪尔股份有限公司","DELL":"戴尔"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872868579,"gmtCreate":1637477263389,"gmtModify":1637477263518,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872868579","repostId":"1156888846","repostType":4,"repost":{"id":"1156888846","kind":"news","pubTimestamp":1637465976,"share":"https://www.laohu8.com/m/news/1156888846?lang=&edition=full","pubTime":"2021-11-21 11:39","market":"us","language":"en","title":"Why Ford Is Terminating Its Joint EV Development Plan With Rivian?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156888846","media":"Benzinga","summary":"Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shel","content":"<p><b>Ford Motor Company</b>, which is one of the early backers of EV startup&nbsp;<b>Rivian Automotive, Inc.</b>, is shelving its plan to develop an EV with the latter altogether.</p>\n<p><b>What Happened:</b>As Ford steps on the gas on its EV transition, the Detroit-based automaker has decided to abandon it plans to jointly develop an EV with Rivian, CEO Jim Farley said in an interview with Automotive News.</p>\n<p>Farley said Ford expects to produce 600,000 vehicles per year by the end of 2023.</p>\n<p>When Ford initially invested $500 million in Rivian in 2019, it envisaged developing a Ford branded EV that will come with Rivian's skateboard powertrain. In early 2020, the companies said they are shelving the plans for a Lincoln-branded EV but would go ahead with an alternative vehicle based on Rivian technology.</p>\n<p>The Ford CEO suggested in the interview that the company is now increasingly confident in competing in the EV space by itself. Another handicap that forced the going-solo decision was the complexities involved in integrating the hardware and software together.</p>\n<p><b>Why It's Important:</b>Rivian shares debuted on Wall Street on Nov. 10 following aninitial public offeringat a bumper valuation of over $100 billion. The company's strong debut and the subsequent run up in shares have raised eyebrows over its valuation which has taken it past the market capitalization of legacy U.S. automakers, including Ford.</p>\n<p>Rivian's product pipeline consists of RIT, an EV pickup truck, which it began delivering to customers in September. As of Oct. 30, the company produced 180 R1Ts and delivered 156 R1Ts, with the bulk of them going to the company's employees.</p>\n<p>The company noted that at the end of October, it had preorders of about 55,400 R1Ts and R1Ss. It expects to fill the preorder backlog by the end of 2023.</p>\n<p>Ford, for its part, has doubled on itsEV strategyand invested big dollars into its transition toward EVs.</p>\n<p>\"We respect Rivian and have had extensive exploratory discussions with them, however, both sides have agreed not to pursue any kind of joint vehicle development or platform sharing,\" Ford said in an emailed statement to media.</p>\n<p>Rivian, meanwhile, confirmed that it is a mutual decision to focus on each of their own projects and deliveries, given Ford has scaled its own EV strategy and demand for Rivian vehicles has grown.</p>\n<p>\"Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future\" a Rivian spokesperson said.</p>\n<p>Rivian closed Friday's session up 4.23% at $128.60, while Ford closed down 0.87% at $19.39.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Ford Is Terminating Its Joint EV Development Plan With Rivian?</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\">\nWhy Ford Is Terminating Its Joint EV Development Plan With Rivian?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-21 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shelving its plan to develop an EV with the latter altogether.\nWhat Happened:As Ford steps on the gas on...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156888846","content_text":"Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shelving its plan to develop an EV with the latter altogether.\nWhat Happened:As Ford steps on the gas on its EV transition, the Detroit-based automaker has decided to abandon it plans to jointly develop an EV with Rivian, CEO Jim Farley said in an interview with Automotive News.\nFarley said Ford expects to produce 600,000 vehicles per year by the end of 2023.\nWhen Ford initially invested $500 million in Rivian in 2019, it envisaged developing a Ford branded EV that will come with Rivian's skateboard powertrain. In early 2020, the companies said they are shelving the plans for a Lincoln-branded EV but would go ahead with an alternative vehicle based on Rivian technology.\nThe Ford CEO suggested in the interview that the company is now increasingly confident in competing in the EV space by itself. Another handicap that forced the going-solo decision was the complexities involved in integrating the hardware and software together.\nWhy It's Important:Rivian shares debuted on Wall Street on Nov. 10 following aninitial public offeringat a bumper valuation of over $100 billion. The company's strong debut and the subsequent run up in shares have raised eyebrows over its valuation which has taken it past the market capitalization of legacy U.S. automakers, including Ford.\nRivian's product pipeline consists of RIT, an EV pickup truck, which it began delivering to customers in September. As of Oct. 30, the company produced 180 R1Ts and delivered 156 R1Ts, with the bulk of them going to the company's employees.\nThe company noted that at the end of October, it had preorders of about 55,400 R1Ts and R1Ss. It expects to fill the preorder backlog by the end of 2023.\nFord, for its part, has doubled on itsEV strategyand invested big dollars into its transition toward EVs.\n\"We respect Rivian and have had extensive exploratory discussions with them, however, both sides have agreed not to pursue any kind of joint vehicle development or platform sharing,\" Ford said in an emailed statement to media.\nRivian, meanwhile, confirmed that it is a mutual decision to focus on each of their own projects and deliveries, given Ford has scaled its own EV strategy and demand for Rivian vehicles has grown.\n\"Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future\" a Rivian spokesperson said.\nRivian closed Friday's session up 4.23% at $128.60, while Ford closed down 0.87% at $19.39.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876554423,"gmtCreate":1637334125843,"gmtModify":1637334191207,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/876554423","repostId":"1196590230","repostType":4,"repost":{"id":"1196590230","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637333792,"share":"https://www.laohu8.com/m/news/1196590230?lang=&edition=full","pubTime":"2021-11-19 22:56","market":"us","language":"en","title":"Intuit jumped over 12% in morning trading after showing its better than expected financial report","url":"https://stock-news.laohu8.com/highlight/detail?id=1196590230","media":"Tiger Newspress","summary":"Intuit jumped over 12% in morning trading after showing its better than expected financial report.Th","content":"<p>Intuit jumped over 12% in morning trading after showing its better than expected financial report.<img src=\"https://static.tigerbbs.com/42f4f450ee6253bb16a6e0f50267fdbc\" tg-width=\"770\" tg-height=\"560\" width=\"100%\" height=\"auto\">The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.</p>\n<p>CEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"</p>\n<p>Added Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"</p>\n<p>Goodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.</p>\n<p>Intuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.</p>\n<p>Intuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.</p>\n<p>Revenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.</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>Intuit jumped over 12% in morning trading after showing its better than expected financial report</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\">\nIntuit jumped over 12% in morning trading after showing its better than expected financial report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-19 22:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Intuit jumped over 12% in morning trading after showing its better than expected financial report.<img src=\"https://static.tigerbbs.com/42f4f450ee6253bb16a6e0f50267fdbc\" tg-width=\"770\" tg-height=\"560\" width=\"100%\" height=\"auto\">The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.</p>\n<p>CEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"</p>\n<p>Added Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"</p>\n<p>Goodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.</p>\n<p>Intuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.</p>\n<p>Intuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.</p>\n<p>Revenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTU":"财捷"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196590230","content_text":"Intuit jumped over 12% in morning trading after showing its better than expected financial report.The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.\nCEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"\nAdded Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"\nGoodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.\nIntuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.\nIntuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.\nRevenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":699058117,"gmtCreate":1639727194460,"gmtModify":1639727194685,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/699058117","repostId":"2192926096","repostType":4,"repost":{"id":"2192926096","kind":"news","pubTimestamp":1639726410,"share":"https://www.laohu8.com/m/news/2192926096?lang=&edition=full","pubTime":"2021-12-17 15:33","market":"sg","language":"en","title":"Tech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2192926096","media":"Bloomberg","summary":"Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rule","content":"<ul>\n <li>Mandiri, Indo Premier picked as underwriters for local listing</li>\n <li>Indonesia revamped share listing rules to attract tech IPOs</li>\n</ul>\n<p>GoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter.</p>\n<p>The company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, the people said, asking not to be named as the matter is private. GoTo will be listed as PT GoTo Gojek Tokopedia, they said.</p>\n<p>A representative for GoTo didn’t immediately comment on the matter.</p>\n<p>The Jakarta-based firm has embarked on a fundraising push in the months leading to a planned Indonesian IPO that would be followed by a U.S. listing. It raised more than $1.3 billion in the first closing of a&nbsp;pre-IPO round&nbsp;that included investors such as Google and&nbsp;Fidelity International, as it seeks a valuation of $25 billion to $30 billion ahead of its public offering.</p>\n<p>Indonesia has revamped share listing rules in a bid to attract tech giants, letting founders retain control after a listing by allowing shares with multiple voting rights. After a record-breaking year of IPOs in 2021, authorities expect offerings by companies like GoTo and Blibli, backed by conglomerate Djarum Group, to help the market set another&nbsp;all-time high&nbsp;next year.</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>Tech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO</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\">\nTech Giant GoTo Said to Hire Banks for $1 Billion Indonesian IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rules to attract tech IPOs\n\nGoTo Group has hired banks to help it raise around $1 billion from an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4561":"索罗斯持仓","GOOGL":"谷歌A","BK4566":"资本集团","BK4503":"景林资产持仓","BK4532":"文艺复兴科技持仓","GOOG":"谷歌","BK4527":"明星科技股","BK4514":"搜索引擎","BK4534":"瑞士信贷持仓","BK4538":"云计算","BK4077":"互动媒体与服务"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-17/tech-giant-goto-said-to-hire-banks-for-1-billion-indonesian-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192926096","content_text":"Mandiri, Indo Premier picked as underwriters for local listing\nIndonesia revamped share listing rules to attract tech IPOs\n\nGoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter.\nThe company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, the people said, asking not to be named as the matter is private. GoTo will be listed as PT GoTo Gojek Tokopedia, they said.\nA representative for GoTo didn’t immediately comment on the matter.\nThe Jakarta-based firm has embarked on a fundraising push in the months leading to a planned Indonesian IPO that would be followed by a U.S. listing. It raised more than $1.3 billion in the first closing of a pre-IPO round that included investors such as Google and Fidelity International, as it seeks a valuation of $25 billion to $30 billion ahead of its public offering.\nIndonesia has revamped share listing rules in a bid to attract tech giants, letting founders retain control after a listing by allowing shares with multiple voting rights. After a record-breaking year of IPOs in 2021, authorities expect offerings by companies like GoTo and Blibli, backed by conglomerate Djarum Group, to help the market set another all-time high next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874106691,"gmtCreate":1637737855232,"gmtModify":1637737855365,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like.pls","listText":"Like.pls","text":"Like.pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874106691","repostId":"1156906211","repostType":4,"repost":{"id":"1156906211","kind":"news","pubTimestamp":1637737628,"share":"https://www.laohu8.com/m/news/1156906211?lang=&edition=full","pubTime":"2021-11-24 15:07","market":"us","language":"en","title":"Health Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1156906211","media":"Bloomberg","summary":"India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwal","content":"<p>India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling shares, even after Paytm’s brutal first-day slump following its initial public offering.</p>\n<p>The company and its shareholders are selling as much as 81 million shares between 870 rupees and 900 rupees each, according to the terms of the deal obtained by Bloomberg News. The total proceeds could be as high as $975 million, with about 73% being offered to qualified institutional buyers.</p>\n<p>The offering in India’s booming IPO market is set to test investors’ appetite just as digital payments startup Paytm slumped more than 30% in the first three days of trade after raising $2.5 billion in India’s biggest-ever IPO. Several expected listings in the nation are now under a close watch as investors question valuations for the country’s startups.</p>\n<p>Star Health and Allied Insurance’s offering is expected to allocate as much as $720 million to qualified institutional buyers, including about $432 million to anchor investors, according to the terms.</p>\n<p>Jhunjhunwala, locally known as India’s Warren Buffett, is among the company’s main holders. It has a share of about 16% in the Indian health insurance market, according to the prospectus.</p>\n<p>“The retail health market segment is expected to emerge as a key growth driver for the overall health insurance industry in India after the Covid-19 crisis” due to a low penetration of health insurance and high out-of-pocket expenses for healthcare costs, the document said.</p>\n<p>The expected listing date is Dec. 10. BofA Securities India, Kotak Mahindra Capital Company, ICICI Securities, Axis Capital, Citigroup Global Markets India Private, and KFin Technologies Private are its book running lead managers.</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>Health Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO</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\">\nHealth Firm Backed by ‘India’s Warren Buffett’ Seeks Almost $1 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling ...</p>\n\n<a href=\"https://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html\">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://finance.yahoo.com/news/health-firm-backed-india-warren-041733212.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156906211","content_text":"India’s Star Health and Allied Insurance Co. Ltd., backed by billionaire investor Rakesh Jhunjhunwala, and its holders are set to move ahead with their plan to raise almost $1 billion by selling shares, even after Paytm’s brutal first-day slump following its initial public offering.\nThe company and its shareholders are selling as much as 81 million shares between 870 rupees and 900 rupees each, according to the terms of the deal obtained by Bloomberg News. The total proceeds could be as high as $975 million, with about 73% being offered to qualified institutional buyers.\nThe offering in India’s booming IPO market is set to test investors’ appetite just as digital payments startup Paytm slumped more than 30% in the first three days of trade after raising $2.5 billion in India’s biggest-ever IPO. Several expected listings in the nation are now under a close watch as investors question valuations for the country’s startups.\nStar Health and Allied Insurance’s offering is expected to allocate as much as $720 million to qualified institutional buyers, including about $432 million to anchor investors, according to the terms.\nJhunjhunwala, locally known as India’s Warren Buffett, is among the company’s main holders. It has a share of about 16% in the Indian health insurance market, according to the prospectus.\n“The retail health market segment is expected to emerge as a key growth driver for the overall health insurance industry in India after the Covid-19 crisis” due to a low penetration of health insurance and high out-of-pocket expenses for healthcare costs, the document said.\nThe expected listing date is Dec. 10. BofA Securities India, Kotak Mahindra Capital Company, ICICI Securities, Axis Capital, Citigroup Global Markets India Private, and KFin Technologies Private are its book running lead managers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876554423,"gmtCreate":1637334125843,"gmtModify":1637334191207,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/876554423","repostId":"1196590230","repostType":4,"repost":{"id":"1196590230","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637333792,"share":"https://www.laohu8.com/m/news/1196590230?lang=&edition=full","pubTime":"2021-11-19 22:56","market":"us","language":"en","title":"Intuit jumped over 12% in morning trading after showing its better than expected financial report","url":"https://stock-news.laohu8.com/highlight/detail?id=1196590230","media":"Tiger Newspress","summary":"Intuit jumped over 12% in morning trading after showing its better than expected financial report.Th","content":"<p>Intuit jumped over 12% in morning trading after showing its better than expected financial report.<img src=\"https://static.tigerbbs.com/42f4f450ee6253bb16a6e0f50267fdbc\" tg-width=\"770\" tg-height=\"560\" width=\"100%\" height=\"auto\">The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.</p>\n<p>CEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"</p>\n<p>Added Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"</p>\n<p>Goodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.</p>\n<p>Intuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.</p>\n<p>Intuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.</p>\n<p>Revenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.</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>Intuit jumped over 12% in morning trading after showing its better than expected financial report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nIntuit jumped over 12% in morning trading after showing its better than expected financial report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-19 22:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Intuit jumped over 12% in morning trading after showing its better than expected financial report.<img src=\"https://static.tigerbbs.com/42f4f450ee6253bb16a6e0f50267fdbc\" tg-width=\"770\" tg-height=\"560\" width=\"100%\" height=\"auto\">The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.</p>\n<p>CEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"</p>\n<p>Added Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"</p>\n<p>Goodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.</p>\n<p>Intuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.</p>\n<p>Intuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.</p>\n<p>Revenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTU":"财捷"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196590230","content_text":"Intuit jumped over 12% in morning trading after showing its better than expected financial report.The company announced the latest quarterly financial report, showing that the quarterly sales were 2.01 billion US dollars, an increase of 51.7% year-on-year and higher than the expected 1.81 billion US dollars; The revenue was USD 1.53/share, up 62.77% year-on-year, and higher than the expected USD 0.99/share.\nCEO Sasan Goodarzi remarked that the company is \"off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses.\"\nAdded Goodarzi,\"We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit.\"\nGoodarzi was referring to the company's acquisition of The Rocket Science Group LLC, makers of Mailchimp, for $12.4 billion in cash, a deal completed November 1st.\nIntuit's purchase of Mailchimp was for the purpose of enabling Intuit it to build an \"end-to-end customer growth platform\" for SMBs.\nIntuit expects that its SMB platform will enable businesses to go online, market, manage customer relationships and get analytics while managing cash flow.\nRevenue in the three months ended in September rose 57%, year over year, to $2 billion, yielding a net profit of $1.53 a share, excluding some costs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698610752,"gmtCreate":1640364986477,"gmtModify":1640364986691,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698610752","repostId":"1156159690","repostType":4,"repost":{"id":"1156159690","kind":"news","pubTimestamp":1640335867,"share":"https://www.laohu8.com/m/news/1156159690?lang=&edition=full","pubTime":"2021-12-24 16:51","market":"us","language":"en","title":"What are MKM Partners 'Black Swan' Internet predictions for 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156159690","media":"seekingalpha","summary":"As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Bla","content":"<p>As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.</p>\n<p>So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Black Swan\"--or, High-Impact-Low-Probability [HILP]--predictions for 2022. Kulkarni said these ideas \"have a very low likelihood of occurrence, but we wouldn't assign a zero probability\" chance of then happening.</p>\n<p>The \"HILP\" predictions Kulkarni has for 2022 include \"consumers [will] return to brick and mortar stores and millennials and Gen Z start watching TV.\" Kulkarni said this could result from Covid-19 vaccinations reaching mass-population levels and reaching an end to the pandemic.</p>\n<p>Kulkarni said Facebook's(NASDAQ:FB)<a href=\"https://laohu8.com/S/CASH\">Meta</a> could launch its own cryptocurrency that could start displacing several traditional fiat currencies, and that mega cap tech companies will manage to not pay any fines to U.S. or European regulators regarding legal cases currently in the works.</p>\n<p>\"We have stopped counting the number of lawsuits facing Big Tech,\" Kulkarni said. \"However, there is fairly limited consensus in the ideas or bills presented to date, and Congress has been focused on the pandemic and infrastructure bill for 2021.</p>\n<ul>\n <li>Kulkarni's other Black Swan predictions are:</li>\n <li>SPAC IPOs will outperform traditional IPOs and direct stock listings.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a>(NYSE:UBER)launches its own robotaxi service in several U.S. cities.</li>\n <li><a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(NYSE:TWTR)and Pinterest(NYSE:PINS)are acquired and are no longer independent public companies.</li>\n <li>DoorDash(NYSE:DASH)acquires Instacart for between $40B-50B and spurs a new round of grocery delivery wars.</li>\n <li><a href=\"https://laohu8.com/S/AAPL\">Apple</a>(NASDAQ:AAPL)reaches $10B in annual revenue run rate from advertising due to changes in its iOS ad policies.</li>\n <li>Google's(NASDAQ:GOOG)YouTube get in position to go public.</li>\n <li>Snap(NYSE:SNAP)and TikTok (BDNCE) look to capitalize on their younger audiences by acquiring movie or gaming studios so they can boost their original video content offerings.</li>\n <li>As a \"bonus\" prediction, Kulkarni forecasts that as the pandemic ends, more people will go back to working out at gyms and neighborhood parks, and this will result in difficulty in forecasting sales for the likes of Peloton(NASDAQ:PTON). The home-exercise technology company also had its sails trimmed on Thursday when analysts at Citi cut their price target on Peloton's (PTON) stock to $38 a share on expectations of higher expenses and&nbsp;falling demand for Peloton (PTON) products next year.</li>\n</ul>","source":"seekingalpha","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>What are MKM Partners 'Black Swan' Internet predictions for 2022?</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\">\nWhat are MKM Partners 'Black Swan' Internet predictions for 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-24 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.\nSo, it should come as...</p>\n\n<a href=\"https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","AAPL":"苹果","GOOG":"谷歌","PTON":"Peloton Interactive, Inc.","DASH":"DoorDash, Inc.","TWTR":"Twitter","SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/news/3783065-mkm-black-swan-look-at-internet-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1156159690","content_text":"As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.\nSo, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of \"Black Swan\"--or, High-Impact-Low-Probability [HILP]--predictions for 2022. Kulkarni said these ideas \"have a very low likelihood of occurrence, but we wouldn't assign a zero probability\" chance of then happening.\nThe \"HILP\" predictions Kulkarni has for 2022 include \"consumers [will] return to brick and mortar stores and millennials and Gen Z start watching TV.\" Kulkarni said this could result from Covid-19 vaccinations reaching mass-population levels and reaching an end to the pandemic.\nKulkarni said Facebook's(NASDAQ:FB)Meta could launch its own cryptocurrency that could start displacing several traditional fiat currencies, and that mega cap tech companies will manage to not pay any fines to U.S. or European regulators regarding legal cases currently in the works.\n\"We have stopped counting the number of lawsuits facing Big Tech,\" Kulkarni said. \"However, there is fairly limited consensus in the ideas or bills presented to date, and Congress has been focused on the pandemic and infrastructure bill for 2021.\n\nKulkarni's other Black Swan predictions are:\nSPAC IPOs will outperform traditional IPOs and direct stock listings.\nUber(NYSE:UBER)launches its own robotaxi service in several U.S. cities.\nTwitter(NYSE:TWTR)and Pinterest(NYSE:PINS)are acquired and are no longer independent public companies.\nDoorDash(NYSE:DASH)acquires Instacart for between $40B-50B and spurs a new round of grocery delivery wars.\nApple(NASDAQ:AAPL)reaches $10B in annual revenue run rate from advertising due to changes in its iOS ad policies.\nGoogle's(NASDAQ:GOOG)YouTube get in position to go public.\nSnap(NYSE:SNAP)and TikTok (BDNCE) look to capitalize on their younger audiences by acquiring movie or gaming studios so they can boost their original video content offerings.\nAs a \"bonus\" prediction, Kulkarni forecasts that as the pandemic ends, more people will go back to working out at gyms and neighborhood parks, and this will result in difficulty in forecasting sales for the likes of Peloton(NASDAQ:PTON). The home-exercise technology company also had its sails trimmed on Thursday when analysts at Citi cut their price target on Peloton's (PTON) stock to $38 a share on expectations of higher expenses and falling demand for Peloton (PTON) products next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846790756,"gmtCreate":1636111242202,"gmtModify":1636111245215,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846790756","repostId":"2181710190","repostType":4,"repost":{"id":"2181710190","kind":"news","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":1636120628,"share":"https://www.laohu8.com/m/news/2181710190?lang=&edition=full","pubTime":"2021-11-05 21:57","market":"us","language":"en","title":"Canada Goose beats quarterly revenue estimates on strong demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2181710190","media":"Reuters","summary":"Nov 5 (Reuters) -Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Frida","content":"<p>Nov 5 (Reuters) -Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Friday, driven by surging online sales and a strong demand for its luxury parkas amid the reopening of major economies.</p>\n<p>Canada Goose&nbsp;stock&nbsp;Popped&nbsp;17%&nbsp;in&nbsp;morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/02c814d2ca61cfe21b1d5d6529a6a585\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Luxury goods makers have seen a strong recovery from the global health crisis, boosted by pent-up demand for everything from high-end clothing to designer bags and shoes, even as travel restrictions continue to dampen demand from tourists.</p>\n<p>Chinese consumers, known to splurge on high-end Western brands, lifted Canada Goose in the quarter as they continued to purchase its parkas and jackets despite fresh lockdowns in some cities due to the Delta variant of the virus.</p>\n<p>Revenue rose to C$232.9 million ($186.69 million) in the second quarter ended Sept. 26, from C$194.8 million a year earlier, beating analysts' estimates of C$206.1 million, according to Refinitiv IBES.</p>\n<p>Net income fell to C$9.0 million, or 8 Canadian cents per share, from C$10.4 million, or 9 Canadian cents per share, a year earlier.</p>\n<p>($1 = 1.2475 Canadian dollars)</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>Canada Goose beats quarterly revenue estimates on strong demand</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\">\nCanada Goose beats quarterly revenue estimates on strong demand\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\">2021-11-05 21:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nov 5 (Reuters) -Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Friday, driven by surging online sales and a strong demand for its luxury parkas amid the reopening of major economies.</p>\n<p>Canada Goose&nbsp;stock&nbsp;Popped&nbsp;17%&nbsp;in&nbsp;morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/02c814d2ca61cfe21b1d5d6529a6a585\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Luxury goods makers have seen a strong recovery from the global health crisis, boosted by pent-up demand for everything from high-end clothing to designer bags and shoes, even as travel restrictions continue to dampen demand from tourists.</p>\n<p>Chinese consumers, known to splurge on high-end Western brands, lifted Canada Goose in the quarter as they continued to purchase its parkas and jackets despite fresh lockdowns in some cities due to the Delta variant of the virus.</p>\n<p>Revenue rose to C$232.9 million ($186.69 million) in the second quarter ended Sept. 26, from C$194.8 million a year earlier, beating analysts' estimates of C$206.1 million, according to Refinitiv IBES.</p>\n<p>Net income fell to C$9.0 million, or 8 Canadian cents per share, from C$10.4 million, or 9 Canadian cents per share, a year earlier.</p>\n<p>($1 = 1.2475 Canadian dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOS":"加拿大鹅"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181710190","content_text":"Nov 5 (Reuters) -Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Friday, driven by surging online sales and a strong demand for its luxury parkas amid the reopening of major economies.\nCanada Goose stock Popped 17% in morning trading.\n\nLuxury goods makers have seen a strong recovery from the global health crisis, boosted by pent-up demand for everything from high-end clothing to designer bags and shoes, even as travel restrictions continue to dampen demand from tourists.\nChinese consumers, known to splurge on high-end Western brands, lifted Canada Goose in the quarter as they continued to purchase its parkas and jackets despite fresh lockdowns in some cities due to the Delta variant of the virus.\nRevenue rose to C$232.9 million ($186.69 million) in the second quarter ended Sept. 26, from C$194.8 million a year earlier, beating analysts' estimates of C$206.1 million, according to Refinitiv IBES.\nNet income fell to C$9.0 million, or 8 Canadian cents per share, from C$10.4 million, or 9 Canadian cents per share, a year earlier.\n($1 = 1.2475 Canadian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":142006020,"gmtCreate":1626101864460,"gmtModify":1631885634147,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142006020","repostId":"1105917995","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":608345359,"gmtCreate":1638640303566,"gmtModify":1638640303661,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608345359","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p>\n<p>Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p>\n<p>Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p>\n<p>Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p>\n<p>Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week</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\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-04 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd.","HCP":"HashiCorp, Inc.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875013594,"gmtCreate":1637586880594,"gmtModify":1637586880691,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875013594","repostId":"1153786917","repostType":4,"repost":{"id":"1153786917","kind":"news","pubTimestamp":1637534687,"share":"https://www.laohu8.com/m/news/1153786917?lang=&edition=full","pubTime":"2021-11-22 06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p>\n<p>Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p>\n<p>Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p>\n<p>The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p>\n<p>On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p>\n<p>On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p>\n<p>U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p>\n<p>Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p>\n<p><b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p>\n<p>Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p>\n<p><b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p>\n<p><b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p>\n<p>Deere reports fiscal fourth-quarter 2021 results.</p>\n<p><b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p>\n<p><b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p>\n<p><b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p>\n<p><b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p>\n<p><b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-22 06:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from ...</p>\n\n<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","ZM":"Zoom",".SPX":"S&P 500 Index",".DJI":"道琼斯","BBY":"百思买","DE":"迪尔股份有限公司","DELL":"戴尔"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872868579,"gmtCreate":1637477263389,"gmtModify":1637477263518,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872868579","repostId":"1156888846","repostType":4,"repost":{"id":"1156888846","kind":"news","pubTimestamp":1637465976,"share":"https://www.laohu8.com/m/news/1156888846?lang=&edition=full","pubTime":"2021-11-21 11:39","market":"us","language":"en","title":"Why Ford Is Terminating Its Joint EV Development Plan With Rivian?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156888846","media":"Benzinga","summary":"Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shel","content":"<p><b>Ford Motor Company</b>, which is one of the early backers of EV startup&nbsp;<b>Rivian Automotive, Inc.</b>, is shelving its plan to develop an EV with the latter altogether.</p>\n<p><b>What Happened:</b>As Ford steps on the gas on its EV transition, the Detroit-based automaker has decided to abandon it plans to jointly develop an EV with Rivian, CEO Jim Farley said in an interview with Automotive News.</p>\n<p>Farley said Ford expects to produce 600,000 vehicles per year by the end of 2023.</p>\n<p>When Ford initially invested $500 million in Rivian in 2019, it envisaged developing a Ford branded EV that will come with Rivian's skateboard powertrain. In early 2020, the companies said they are shelving the plans for a Lincoln-branded EV but would go ahead with an alternative vehicle based on Rivian technology.</p>\n<p>The Ford CEO suggested in the interview that the company is now increasingly confident in competing in the EV space by itself. Another handicap that forced the going-solo decision was the complexities involved in integrating the hardware and software together.</p>\n<p><b>Why It's Important:</b>Rivian shares debuted on Wall Street on Nov. 10 following aninitial public offeringat a bumper valuation of over $100 billion. The company's strong debut and the subsequent run up in shares have raised eyebrows over its valuation which has taken it past the market capitalization of legacy U.S. automakers, including Ford.</p>\n<p>Rivian's product pipeline consists of RIT, an EV pickup truck, which it began delivering to customers in September. As of Oct. 30, the company produced 180 R1Ts and delivered 156 R1Ts, with the bulk of them going to the company's employees.</p>\n<p>The company noted that at the end of October, it had preorders of about 55,400 R1Ts and R1Ss. It expects to fill the preorder backlog by the end of 2023.</p>\n<p>Ford, for its part, has doubled on itsEV strategyand invested big dollars into its transition toward EVs.</p>\n<p>\"We respect Rivian and have had extensive exploratory discussions with them, however, both sides have agreed not to pursue any kind of joint vehicle development or platform sharing,\" Ford said in an emailed statement to media.</p>\n<p>Rivian, meanwhile, confirmed that it is a mutual decision to focus on each of their own projects and deliveries, given Ford has scaled its own EV strategy and demand for Rivian vehicles has grown.</p>\n<p>\"Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future\" a Rivian spokesperson said.</p>\n<p>Rivian closed Friday's session up 4.23% at $128.60, while Ford closed down 0.87% at $19.39.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Ford Is Terminating Its Joint EV Development Plan With Rivian?</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\">\nWhy Ford Is Terminating Its Joint EV Development Plan With Rivian?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-21 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shelving its plan to develop an EV with the latter altogether.\nWhat Happened:As Ford steps on the gas on...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.benzinga.com/news/21/11/24209309/why-ford-is-terminating-its-joint-ev-development-plan-with-rivian","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156888846","content_text":"Ford Motor Company, which is one of the early backers of EV startup Rivian Automotive, Inc., is shelving its plan to develop an EV with the latter altogether.\nWhat Happened:As Ford steps on the gas on its EV transition, the Detroit-based automaker has decided to abandon it plans to jointly develop an EV with Rivian, CEO Jim Farley said in an interview with Automotive News.\nFarley said Ford expects to produce 600,000 vehicles per year by the end of 2023.\nWhen Ford initially invested $500 million in Rivian in 2019, it envisaged developing a Ford branded EV that will come with Rivian's skateboard powertrain. In early 2020, the companies said they are shelving the plans for a Lincoln-branded EV but would go ahead with an alternative vehicle based on Rivian technology.\nThe Ford CEO suggested in the interview that the company is now increasingly confident in competing in the EV space by itself. Another handicap that forced the going-solo decision was the complexities involved in integrating the hardware and software together.\nWhy It's Important:Rivian shares debuted on Wall Street on Nov. 10 following aninitial public offeringat a bumper valuation of over $100 billion. The company's strong debut and the subsequent run up in shares have raised eyebrows over its valuation which has taken it past the market capitalization of legacy U.S. automakers, including Ford.\nRivian's product pipeline consists of RIT, an EV pickup truck, which it began delivering to customers in September. As of Oct. 30, the company produced 180 R1Ts and delivered 156 R1Ts, with the bulk of them going to the company's employees.\nThe company noted that at the end of October, it had preorders of about 55,400 R1Ts and R1Ss. It expects to fill the preorder backlog by the end of 2023.\nFord, for its part, has doubled on itsEV strategyand invested big dollars into its transition toward EVs.\n\"We respect Rivian and have had extensive exploratory discussions with them, however, both sides have agreed not to pursue any kind of joint vehicle development or platform sharing,\" Ford said in an emailed statement to media.\nRivian, meanwhile, confirmed that it is a mutual decision to focus on each of their own projects and deliveries, given Ford has scaled its own EV strategy and demand for Rivian vehicles has grown.\n\"Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future\" a Rivian spokesperson said.\nRivian closed Friday's session up 4.23% at $128.60, while Ford closed down 0.87% at $19.39.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878017292,"gmtCreate":1637123502362,"gmtModify":1637123502639,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878017292","repostId":"2184881094","repostType":4,"repost":{"id":"2184881094","kind":"news","pubTimestamp":1637103539,"share":"https://www.laohu8.com/m/news/2184881094?lang=&edition=full","pubTime":"2021-11-17 06:58","market":"us","language":"en","title":"Retail boost helps lift S&P 500","url":"https://stock-news.laohu8.com/highlight/detail?id=2184881094","media":"Reuters","summary":"(Reuters) - U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data s","content":"<p>(Reuters) - U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more aggressive in the face of rising inflation.</p>\n<p>Data showed retail sales jumped 1.7% in October, the largest gain since March and above the 1.4% estimate, indicating Americans have begun holiday shopping early in an effort to avoid a shortage of goods amid stretched supply chains.</p>\n<p>Retailer Home Depot Inc jumped 5.73% to close at a record high and had its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since April 2020 after beating quarterly sales estimates by nearly $2 billion and handily topping the earnings per share view.</p>\n<p>\"This does give people a sigh of relief that the retail outlook is still pretty rosy,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p>\n<p>\"The outlook is one where prices are rising but consumer spending is still strong and it looks like the supply chains are stressed but still we’re able to get goods on the shelves.\"</p>\n<p>The Dow Jones Industrial Average rose 54.77 points, or 0.15%, to 36,142.22, the S&amp;P 500 gained 18.1 points, or 0.39%, to 4,700.9 and the Nasdaq Composite added 120.01 points, or 0.76%, to 15,973.86.</p>\n<p>The S&amp;P consumer discretionary sector climbed 1.38% and was the best-performing of the 11 major S&amp;P sectors while the S&amp;P 500 retailing index rose 1.24% to close at a record high for a second straight session.</p>\n<p>Walmart Inc, the country's largest brick-and-mortar retailer, raised its annual sales and profit forecasts. Its shares gave up early gains, however, and fell 2.55%, their biggest daily percentage decline since May, as supply-chain woes dented margins and weighed on the consumer staples sector.</p>\n<p>Retailers Target Corp, Macy's Inc and Kohl's Corp are set to report earnings this week.</p>\n<p>Other data on the day showed U.S. manufacturing output surged to a two-and-a-half-year high in October.</p>\n<p>The positive data helped investors look past comments from St. Louis Federal Reserve President James Bullard, who called for a more hawkish stance by the central bank in response to rising inflation.</p>\n<p>In contrast, San Francisco Federal Reserve Bank President Mary Daly on Tuesday called for central bank patience in the face of high inflation which, she predicted, will likely fade on its own as the pandemic recedes.</p>\n<p>Investors have also been eyeing the possibility that President Joe Biden may pick a new head of the Federal Reserve as Chair Jerome Powell's term is set to end in February 2022, with Biden saying on Tuesday afternoon he will make a final decision in about four days.</p>\n<p>Technology shares also moved higher, up 1.07%, lifted in part by a 7.89% gain in chipmaker Qualcomm Inc , which rose after it said German automaker BMW will use its chips in its next generation of driver-assistance and self-driving systems.</p>\n<p>Electric-car maker Tesla Inc posted its first advance in four sessions, even as CEO Elon Musk sold $930 million in shares. The stock had tumbled more than 15% last week after Musk began selling shares.</p>\n<p>JPMorgan Chase &amp; Co also sued Tesla for $162.2 million over a breach of contract related to stock warrants.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.14-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 80 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 152 new highs and 189 new lows.</p>\n<p>Volume on U.S. exchanges was 10.53 billion shares, compared with the 11.02 billion average for the full session over the last 20 trading days.</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>Retail boost helps lift S&P 500</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; 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}\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\">\nRetail boost helps lift S&P 500\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 06:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-retail-boost-helps-212530164.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-retail-boost-helps-212530164.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","TSLA":"特斯拉","OEX":"标普100","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","HD":"家得宝","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-retail-boost-helps-212530164.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2184881094","content_text":"(Reuters) - U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more aggressive in the face of rising inflation.\nData showed retail sales jumped 1.7% in October, the largest gain since March and above the 1.4% estimate, indicating Americans have begun holiday shopping early in an effort to avoid a shortage of goods amid stretched supply chains.\nRetailer Home Depot Inc jumped 5.73% to close at a record high and had its biggest one-day percentage gain since April 2020 after beating quarterly sales estimates by nearly $2 billion and handily topping the earnings per share view.\n\"This does give people a sigh of relief that the retail outlook is still pretty rosy,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.\n\"The outlook is one where prices are rising but consumer spending is still strong and it looks like the supply chains are stressed but still we’re able to get goods on the shelves.\"\nThe Dow Jones Industrial Average rose 54.77 points, or 0.15%, to 36,142.22, the S&P 500 gained 18.1 points, or 0.39%, to 4,700.9 and the Nasdaq Composite added 120.01 points, or 0.76%, to 15,973.86.\nThe S&P consumer discretionary sector climbed 1.38% and was the best-performing of the 11 major S&P sectors while the S&P 500 retailing index rose 1.24% to close at a record high for a second straight session.\nWalmart Inc, the country's largest brick-and-mortar retailer, raised its annual sales and profit forecasts. Its shares gave up early gains, however, and fell 2.55%, their biggest daily percentage decline since May, as supply-chain woes dented margins and weighed on the consumer staples sector.\nRetailers Target Corp, Macy's Inc and Kohl's Corp are set to report earnings this week.\nOther data on the day showed U.S. manufacturing output surged to a two-and-a-half-year high in October.\nThe positive data helped investors look past comments from St. Louis Federal Reserve President James Bullard, who called for a more hawkish stance by the central bank in response to rising inflation.\nIn contrast, San Francisco Federal Reserve Bank President Mary Daly on Tuesday called for central bank patience in the face of high inflation which, she predicted, will likely fade on its own as the pandemic recedes.\nInvestors have also been eyeing the possibility that President Joe Biden may pick a new head of the Federal Reserve as Chair Jerome Powell's term is set to end in February 2022, with Biden saying on Tuesday afternoon he will make a final decision in about four days.\nTechnology shares also moved higher, up 1.07%, lifted in part by a 7.89% gain in chipmaker Qualcomm Inc , which rose after it said German automaker BMW will use its chips in its next generation of driver-assistance and self-driving systems.\nElectric-car maker Tesla Inc posted its first advance in four sessions, even as CEO Elon Musk sold $930 million in shares. The stock had tumbled more than 15% last week after Musk began selling shares.\nJPMorgan Chase & Co also sued Tesla for $162.2 million over a breach of contract related to stock warrants.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.14-to-1 ratio favored decliners.\nThe S&P 500 posted 80 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 152 new highs and 189 new lows.\nVolume on U.S. exchanges was 10.53 billion shares, compared with the 11.02 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873518909,"gmtCreate":1636959823093,"gmtModify":1636959823215,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873518909","repostId":"2183536049","repostType":4,"repost":{"id":"2183536049","kind":"news","pubTimestamp":1636931077,"share":"https://www.laohu8.com/m/news/2183536049?lang=&edition=full","pubTime":"2021-11-15 07:04","market":"us","language":"en","title":"Retail sales, Walmart and Target earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2183536049","media":"Yahoo Finance","summary":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Del","content":"<p><img src=\"https://static.tigerbbs.com/08676f0472643b38e9d755d70877271b\" tg-width=\"1878\" tg-height=\"2390\" referrerpolicy=\"no-referrer\"></p>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.</p>\n<p>The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.</p>\n<p>\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"</p>\n<p>If results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.</p>\n<p>A jump in prices, as inflationary pressure reverberates across the recovering economy, is <a href=\"https://laohu8.com/S/AONE.U\">one</a> factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.</p>\n<p>The University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.</p>\n<p>\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.</p>\n<p>\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"</p>\n<h2>Big box retailers report earnings</h2>\n<p>Quarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.</p>\n<p>A back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.</p>\n<p>Walmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.</p>\n<p><img src=\"https://static.tigerbbs.com/cc803a27e7a5de4f45494c90d84e6e2c\" tg-width=\"6720\" tg-height=\"4480\" referrerpolicy=\"no-referrer\">The logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters</p>\n<p>Already last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.</p>\n<p>Target, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.</p>\n<p>\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"</p>\n<p>Target is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.</p>\n<p>Commentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.</p>\n<p>Walmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)</p></li>\n <li><p><b>Tuesday: </b>Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)</p></li>\n <li><p><b>Wednesday: </b>MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday:</b> Oatly (OTLY), <a href=\"https://laohu8.com/S/WE\">WeWork</a> (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close</p></li>\n <li><p><b>Tuesday: </b>Home Depot (HD), Walmart (WMT) before market open</p></li>\n <li><p><b>Wednesday: </b>Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close</p></li>\n <li><p><b>Thursday: </b>Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> (PANW), Bath &amp; Body Works (BBWI), Williams-Sonoma (WSM) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","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>Retail sales, Walmart and Target earnings: What to know this week</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\">\nRetail sales, Walmart and Target earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TGT":"塔吉特",".DJI":"道琼斯",".SPX":"S&P 500 Index","WMT":"沃尔玛"},"source_url":"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183536049","content_text":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.\n\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"\nIf results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.\nA jump in prices, as inflationary pressure reverberates across the recovering economy, is one factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.\nThe University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.\n\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.\n\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"\nBig box retailers report earnings\nQuarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.\nA back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.\nWalmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.\nThe logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters\nAlready last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.\nTarget, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.\n\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"\nTarget is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.\nCommentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.\nWalmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.\nEconomic calendar\n\nMonday: Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)\nTuesday: Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)\nWednesday: MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)\nThursday: Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: Oatly (OTLY), WeWork (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close\nTuesday: Home Depot (HD), Walmart (WMT) before market open\nWednesday: Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close\nThursday: Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), Workday (WDAY), Palo Alto Networks (PANW), Bath & Body Works (BBWI), Williams-Sonoma (WSM) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858274347,"gmtCreate":1635070930206,"gmtModify":1635070930472,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/858274347","repostId":"1174514229","repostType":4,"repost":{"id":"1174514229","kind":"news","pubTimestamp":1635035471,"share":"https://www.laohu8.com/m/news/1174514229?lang=&edition=full","pubTime":"2021-10-24 08:31","market":"us","language":"en","title":"US IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1174514229","media":"Renaissance Capital","summary":"The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.","content":"<p>The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.</p>\n<p>Semiconductor foundry&nbsp;<b>GlobalFoundries</b>(GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty semiconductor foundries. Unprofitable with lumpy growth, the company states that it is the only scaled pure-play foundry with a global footprint that is not based in China.</p>\n<p>Enterprise cloud data management platform&nbsp;<b>Informatica</b>(INFA) plans to raise $885 million at an $8.7 billion market cap. This company provides data integration services on its AI-powered platform to over 5,700 customers through both licenses and subscriptions. Although it will be highly leveraged post-IPO, Informatica is a recognized leader in the global data management market and saw strong subscription ARR growth in the 1H21.</p>\n<p>Energy storage provider&nbsp;<b>Fluence Energy</b>(FLNC) plans to raise $698 million at a $3.8 billion market cap. Formed by Siemens and AES, this company sells energy storage products and services to utilities, independent power producers, project developers, and commercial and industrial customers. Fast growing but unprofitable, Fluence Energy deployed 942 MW of storage products as of 6/30/21.</p>\n<p>Revenue cycle management platform&nbsp;<b>Ensemble Health Partners</b>(ENSB) plans to raise $605 million at a $3.6 billion market cap. This platform provides revenue cycle management solutions to the healthcare industry. Profitable with accelerating growth in the 1H21, Ensemble Health has over $20 billion in annual client net patient revenue under management.</p>\n<p>Hiring solutions provider&nbsp;<b>HireRight Holdings</b>(HRT) plans to raise $500 million at a $1.8 billion market cap. This company provides background checks, verification, identification, monitoring, and drug and health screening services to over 40,000 customers. HireRight was profitable on an EBIT basis in the 1H21, though cash flow swung negative.</p>\n<p>Online education marketplace&nbsp;<b>Udemy</b>(UDMY) plans to raise $406 million at a $4.3 billion market cap. This education platform provides over 183,000 courses in 75 languages to over 44 million customers in over 180 countries. Growing but unprofitable, Udemy has registered more than 73 million users since its inception.</p>\n<p>Chinese drug in-licensor&nbsp;<b>LianBio</b>(LIAN) plans to raise $325 million at a $1.8 billion market cap. Focused on China and other Asian markets, this biopharmaceutical company develops and commercializes drugs for a variety of indications. LianBio’s pipeline currently consists of nine product candidates across five different therapeutics areas.</p>\n<p><b>Rent the Runway</b>(RENT) plans to raise $293 million at a $1.4 billion market cap. This apparel rental company originally focused on a-la-carte rentals of dresses for events, but has gradually transitioned to mostly generating revenue from monthly subscription boxes. While the company has seen active subscribers and revenue rebound in the last two quarters, it is unprofitable and leveraged post-IPO.</p>\n<p>Aesthetic medical device maker&nbsp;<b>Candela Medical</b>(CDLA) plans to raise $250 million at a $1.7 billion market cap. Selling products directly in 18 countries and indirectly in 66 countries, this company develops medical devices for elective aesthetic procedures. Despite being hard hit by the pandemic, Candela Medical saw strong growth and turned profitable in the 1H21.</p>\n<p>Fire pit brand&nbsp;<b>Solo Brands</b>(DTC) plans to raise $200 million at a $1.5 billion market cap. Solo Brands sells fire pits, camp stoves, and other outdoor gear through its DTC platform. Fast growing and profitable, this outdoor e-commerce has an installed base of more than 2.3 million customers.</p>\n<p>Body contouring provider&nbsp;<b>AirSculpt Technologies</b>(AIRS) plans to raise $160 million at an $886 million market cap. This company provides minimally-invasive body contouring procedures through 16 centers across 13 states in the US. AirSculpt Technologies is profitable with solid growth, and has seen an increase in same-center case volume as a result of lessening effects of COVID-19.</p>\n<p>Technology firm&nbsp;<b>Arteris</b>(AIP) plans to raise $75 million at a $555 million market cap. This technology company develops and licenses interconnect intellectual property that manages the on-chip communications in System-on-Chip semiconductor devices. Arteris is unprofitable but saw growth accelerate in the 1H21.</p>\n<p><img src=\"https://static.tigerbbs.com/99c3b0173e59f4e69ff484c12bd137e7\" tg-width=\"1270\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/64e34b3c49a856e99ba64a2d57410844\" tg-width=\"1272\" tg-height=\"582\" referrerpolicy=\"no-referrer\"></p>\n<p>Street research is expected for six companies, and lock-up periods will be expiring for up to 12 companies.</p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 10/22/21, the Renaissance IPO Index was up 8.2% year-to-date, while the S&amp;P 500 was up 21.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Moderna (MRNA). The Renaissance International IPO Index was down 15.8% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week</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\">\nUS IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-24 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/87676/US-IPO-Week-Ahead-Semiconductors-energy-storage-designer-apparel-and-more-i><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.\nSemiconductor foundry GlobalFoundries(GFS) plans to raise $2.4 billion at a $24.6 billion market ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/87676/US-IPO-Week-Ahead-Semiconductors-energy-storage-designer-apparel-and-more-i\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INFA":"Informatica Inc.","UDMY":"Udemy, Inc.",".SPX":"S&P 500 Index","HRT":"HireRight Holdings Corp.","AIRS":"Airsculpt Technologies",".IXIC":"NASDAQ Composite","FLNC":"Fluence Energy, Inc.",".DJI":"道琼斯","DTC":"Solo Brands, Inc.","GFS":"GLOBALFOUNDRIES Inc.","RENT":"Rent the Runway, Inc.","LIAN":"联拓生物","AIP":"Arteris, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/87676/US-IPO-Week-Ahead-Semiconductors-energy-storage-designer-apparel-and-more-i","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174514229","content_text":"The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.\nSemiconductor foundry GlobalFoundries(GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty semiconductor foundries. Unprofitable with lumpy growth, the company states that it is the only scaled pure-play foundry with a global footprint that is not based in China.\nEnterprise cloud data management platform Informatica(INFA) plans to raise $885 million at an $8.7 billion market cap. This company provides data integration services on its AI-powered platform to over 5,700 customers through both licenses and subscriptions. Although it will be highly leveraged post-IPO, Informatica is a recognized leader in the global data management market and saw strong subscription ARR growth in the 1H21.\nEnergy storage provider Fluence Energy(FLNC) plans to raise $698 million at a $3.8 billion market cap. Formed by Siemens and AES, this company sells energy storage products and services to utilities, independent power producers, project developers, and commercial and industrial customers. Fast growing but unprofitable, Fluence Energy deployed 942 MW of storage products as of 6/30/21.\nRevenue cycle management platform Ensemble Health Partners(ENSB) plans to raise $605 million at a $3.6 billion market cap. This platform provides revenue cycle management solutions to the healthcare industry. Profitable with accelerating growth in the 1H21, Ensemble Health has over $20 billion in annual client net patient revenue under management.\nHiring solutions provider HireRight Holdings(HRT) plans to raise $500 million at a $1.8 billion market cap. This company provides background checks, verification, identification, monitoring, and drug and health screening services to over 40,000 customers. HireRight was profitable on an EBIT basis in the 1H21, though cash flow swung negative.\nOnline education marketplace Udemy(UDMY) plans to raise $406 million at a $4.3 billion market cap. This education platform provides over 183,000 courses in 75 languages to over 44 million customers in over 180 countries. Growing but unprofitable, Udemy has registered more than 73 million users since its inception.\nChinese drug in-licensor LianBio(LIAN) plans to raise $325 million at a $1.8 billion market cap. Focused on China and other Asian markets, this biopharmaceutical company develops and commercializes drugs for a variety of indications. LianBio’s pipeline currently consists of nine product candidates across five different therapeutics areas.\nRent the Runway(RENT) plans to raise $293 million at a $1.4 billion market cap. This apparel rental company originally focused on a-la-carte rentals of dresses for events, but has gradually transitioned to mostly generating revenue from monthly subscription boxes. While the company has seen active subscribers and revenue rebound in the last two quarters, it is unprofitable and leveraged post-IPO.\nAesthetic medical device maker Candela Medical(CDLA) plans to raise $250 million at a $1.7 billion market cap. Selling products directly in 18 countries and indirectly in 66 countries, this company develops medical devices for elective aesthetic procedures. Despite being hard hit by the pandemic, Candela Medical saw strong growth and turned profitable in the 1H21.\nFire pit brand Solo Brands(DTC) plans to raise $200 million at a $1.5 billion market cap. Solo Brands sells fire pits, camp stoves, and other outdoor gear through its DTC platform. Fast growing and profitable, this outdoor e-commerce has an installed base of more than 2.3 million customers.\nBody contouring provider AirSculpt Technologies(AIRS) plans to raise $160 million at an $886 million market cap. This company provides minimally-invasive body contouring procedures through 16 centers across 13 states in the US. AirSculpt Technologies is profitable with solid growth, and has seen an increase in same-center case volume as a result of lessening effects of COVID-19.\nTechnology firm Arteris(AIP) plans to raise $75 million at a $555 million market cap. This technology company develops and licenses interconnect intellectual property that manages the on-chip communications in System-on-Chip semiconductor devices. Arteris is unprofitable but saw growth accelerate in the 1H21.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 12 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 10/22/21, the Renaissance IPO Index was up 8.2% year-to-date, while the S&P 500 was up 21.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Moderna (MRNA). The Renaissance International IPO Index was down 15.8% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865282775,"gmtCreate":1632987877268,"gmtModify":1632987947076,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865282775","repostId":"1104172212","repostType":4,"repost":{"id":"1104172212","kind":"news","pubTimestamp":1632965278,"share":"https://www.laohu8.com/m/news/1104172212?lang=&edition=full","pubTime":"2021-09-30 09:27","market":"us","language":"en","title":"2021 Global Market Outlook - Q4 Update: Growing Pains","url":"https://stock-news.laohu8.com/highlight/detail?id=1104172212","media":"seekingalpha","summary":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double","content":"<p><b>Summary</b></p>\n<ul>\n <li>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.</li>\n <li>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.</li>\n <li>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.</li>\n</ul>\n<p>The COVID-19 delta variant, inflation and central bank tapering are unnerving investors. <b>We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.</b></p>\n<p><b>Introduction</b></p>\n<p>The post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.</p>\n<p>Another worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.</p>\n<p>The conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.</p>\n<p><b>Cycle still in recovery phase</b></p>\n<p>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.</p>\n<p><b>U.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS</b></p>\n<p><img src=\"https://static.tigerbbs.com/28a91fe2991463e2285879c32cb1b8c7\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.</p>\n<p><b>GDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019</b></p>\n<p><img src=\"https://static.tigerbbs.com/577d1b96aef08b71c9bdb6665a21b2ac\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Two key indicators</b></p>\n<p>Last quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.</p>\n<p>The first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.</p>\n<p><b>WATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE</b></p>\n<p><img src=\"https://static.tigerbbs.com/13f3cf57b58f600fe6681e9015779e85\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.</p>\n<p><b>WATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER</b></p>\n<p><img src=\"https://static.tigerbbs.com/a1d3ff1ca26f6d29a28f919c65531c9a\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Reopening trade still makes sense</b></p>\n<p>The reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.</p>\n<p>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.</p>\n<p>The rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.</p>\n<p>Emerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.</p>\n<p>The resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.</p>\n<p><b>Risks: variants, inflation, China weakness</b></p>\n<p>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.</p>\n<p>Another watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.</p>\n<p>Finally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.</p>\n<p><b>Regional snapshotsUnited States</b></p>\n<p>The U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&amp;P 500® Index earnings-per-share already sit 20% above their previous cyclical high.</p>\n<p>Strong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.</p>\n<p>Wage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.</p>\n<p>Fiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&amp;P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be a<i>risk-on</i>preference for equities over bonds for the medium-term.</p>\n<p><b>Eurozone</b></p>\n<p>Euro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).</p>\n<p>The MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&amp;P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.</p>\n<p><b>United Kingdom</b></p>\n<p>As of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.</p>\n<p>The FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.</p>\n<p><b>Japan</b></p>\n<p>The Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.</p>\n<p><b>China</b></p>\n<p>We expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.</p>\n<p><b>Canada</b></p>\n<p>Canada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.</p>\n<p>Tapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.</p>\n<p><b>Australia/New Zealand</b></p>\n<p>The Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.</p>\n<p>New Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.</p>\n<p><b>Asset-class preferences</b></p>\n<p>Our cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.</p>\n<p><b>COMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL</b></p>\n<p><img src=\"https://static.tigerbbs.com/5c527955abbc9e770d200c1d709f80d8\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>We prefer<b>non-U.S. equities</b>to U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.</li>\n <li><b>Emerging markets equities</b>have been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.</li>\n <li><b>High yield</b>and<b>investment grade credit</b>are expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominated<b>emerging markets debt</b>is close to fair value in spread terms and will gain support on U.S. dollar weakness.</li>\n <li><b>Government bonds</b>are expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.</li>\n <li><b>Real assets</b>: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.<b>Commodities</b>have been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.</li>\n <li>The<b>U.S. dollar</b>has been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be the<b>euro</b>, which is still undervalued. We also believe<b>British sterling</b>and the economically sensitive<i>commodity currencies</i>—the<b>Australian dollar</b>, the<b>New Zealand dollar</b>and the<b>Canadian dollar</b>—can make further gains, although these currencies are not undervalued from a longer-term perspective.</li>\n</ul>\n<p><b>ASSET PERFORMANCE SINCE THE BEGINNING OF 2021</b></p>\n<p><img src=\"https://static.tigerbbs.com/50e253becd38bd122d9fc211e7b0f583\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.</p>\n<p><b>Important Information</b></p>\n<p>The views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.</p>\n<p>Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.</p>\n<p>Keep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.</p>\n<p>No model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.</p>\n<p>Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.</p>\n<p>Investment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.</p>\n<p>Currency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.</p>\n<p>Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.</p>\n<p>Bond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.</p>\n<p>Performance quoted represents past performance and should not be viewed as a guarantee of future results.</p>\n<p>The FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.</p>\n<p>The S&amp;P 500® Index, or the Standard &amp; Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.</p>\n<p>The MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.</p>\n<p>Indexes are unmanaged and cannot be invested in directly.</p>\n<p>Copyright © Russell Investments 2021. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.</p>\n<p>Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.</p>\n<p>Products and services described on this website are intended for<b>United States residents only</b>. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.</p>\n<p>Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.</p>\n<p>Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.</p>","source":"seekingalpha","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>2021 Global Market Outlook - Q4 Update: Growing Pains</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\">\n2021 Global Market Outlook - Q4 Update: Growing Pains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104172212","content_text":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.\n\nThe COVID-19 delta variant, inflation and central bank tapering are unnerving investors. We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.\nIntroduction\nThe post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.\nAnother worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.\nThe conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.\nCycle still in recovery phase\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.\nU.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS\n\nThe U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.\nGDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019\n\nTwo key indicators\nLast quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.\nThe first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.\nWATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE\n\nThe second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.\nWATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER\n\nReopening trade still makes sense\nThe reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.\nThe rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.\nEmerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.\nThe resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.\nRisks: variants, inflation, China weakness\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.\nAnother watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.\nFinally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.\nRegional snapshotsUnited States\nThe U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&P 500® Index earnings-per-share already sit 20% above their previous cyclical high.\nStrong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.\nWage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.\nFiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be arisk-onpreference for equities over bonds for the medium-term.\nEurozone\nEuro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).\nThe MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.\nUnited Kingdom\nAs of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.\nThe FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.\nJapan\nThe Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.\nChina\nWe expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.\nCanada\nCanada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.\nTapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.\nAustralia/New Zealand\nThe Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.\nNew Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.\nAsset-class preferences\nOur cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.\nCOMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL\n\n\nWe prefernon-U.S. equitiesto U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.\nEmerging markets equitieshave been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.\nHigh yieldandinvestment grade creditare expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominatedemerging markets debtis close to fair value in spread terms and will gain support on U.S. dollar weakness.\nGovernment bondsare expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.\nReal assets: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.Commoditieshave been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.\nTheU.S. dollarhas been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be theeuro, which is still undervalued. We also believeBritish sterlingand the economically sensitivecommodity currencies—theAustralian dollar, theNew Zealand dollarand theCanadian dollar—can make further gains, although these currencies are not undervalued from a longer-term perspective.\n\nASSET PERFORMANCE SINCE THE BEGINNING OF 2021\n\n1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.\nImportant Information\nThe views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.\nPlease remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.\nKeep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.\nNo model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.\nForecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.\nInvestment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.\nCurrency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.\nInvestments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.\nBond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.\nPerformance quoted represents past performance and should not be viewed as a guarantee of future results.\nThe FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.\nThe S&P 500® Index, or the Standard & Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.\nThe MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.\nIndexes are unmanaged and cannot be invested in directly.\nCopyright © Russell Investments 2021. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.\nFrank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.\nProducts and services described on this website are intended forUnited States residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.\nRussell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.\nRussell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606845602,"gmtCreate":1638863722300,"gmtModify":1638863722495,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606845602","repostId":"2189686612","repostType":4,"repost":{"id":"2189686612","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":1638826608,"share":"https://www.laohu8.com/m/news/2189686612?lang=&edition=full","pubTime":"2021-12-07 05:36","market":"us","language":"en","title":"Wall Street regains some ground with help from easing virus fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2189686612","media":"Reuters","summary":"Dec 6  - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminis","content":"<p>Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.</p>\n<p>Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&amp;P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .</p>\n<p>While the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.</p>\n<p>\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p>\n<p>Lip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 646.95 points, or 1.87%, to 35,227.03, the S&amp;P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite&nbsp;added 139.68 points, or 0.93%, to 15,225.15.</p>\n<p>The S&amp;P 500 Value Index&nbsp;rose 1.5%, outperforming its growth counterpart , which gained 0.9%.</p>\n<p>The economically sensitive Dow Jones Transportation index&nbsp;outperformed the broader market with a 2.3% gain while the small-cap Russell 2000&nbsp;climbed 2%.</p>\n<p>Wall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.</p>\n<p>The S&amp;P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.</p>\n<p>\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>Still, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.</p>\n<p>The industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&amp;P Airline's index&nbsp;closed up 5.5%.</p>\n<p>Other strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb&nbsp;added 8.5%.</p>\n<p>Big decliners included COVID-19 vaccine makers such as Moderna Inc&nbsp;, down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.</p>\n<p>Nvidia&nbsp;closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.</p>\n<p>Kohl's Corp&nbsp;shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.</p>\n<p>JJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.</p>\n<p>\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.</p>\n<p>On U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.</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>Wall Street regains some ground with help from easing virus fears</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\">\nWall Street regains some ground with help from easing virus fears\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\">2021-12-07 05:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.</p>\n<p>Of Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&amp;P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .</p>\n<p>While the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.</p>\n<p>\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p>\n<p>Lip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 646.95 points, or 1.87%, to 35,227.03, the S&amp;P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite&nbsp;added 139.68 points, or 0.93%, to 15,225.15.</p>\n<p>The S&amp;P 500 Value Index&nbsp;rose 1.5%, outperforming its growth counterpart , which gained 0.9%.</p>\n<p>The economically sensitive Dow Jones Transportation index&nbsp;outperformed the broader market with a 2.3% gain while the small-cap Russell 2000&nbsp;climbed 2%.</p>\n<p>Wall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.</p>\n<p>The S&amp;P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.</p>\n<p>\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>Still, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.</p>\n<p>The industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&amp;P Airline's index&nbsp;closed up 5.5%.</p>\n<p>Other strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb&nbsp;added 8.5%.</p>\n<p>Big decliners included COVID-19 vaccine makers such as Moderna Inc&nbsp;, down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.</p>\n<p>Nvidia&nbsp;closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.</p>\n<p>Kohl's Corp&nbsp;shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.</p>\n<p>JJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.</p>\n<p>\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.</p>\n<p>On U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QID":"纳指两倍做空ETF","DXD":"道指两倍做空ETF",".SPX":"S&P 500 Index","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","DJX":"1/100道琼斯","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2189686612","content_text":"Dec 6 (Reuters) - Wall Street's major averages closed higher on Monday with economically sensitive sectors and travel-related stocks advancing solidly as investors were encouraged by some optimistic comments from a top U.S. official on the latest COVID-19 variant.\nOf Wall Street's three major averages, the Dow rose the most while industrials and consumer staples , up around 1.6%, were the S&P's strongest sectors followed by energy and utilities , up 1.5%. But declines in COVID-19 vaccine companies diminished gains in the healthcare sector .\nWhile the Omicron COVID-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top U.S. infectious disease official, who told CNN that \"thus far it does not look like there's a great degree of severity to it.\" However, he did say that more study is needed.\n\"People are less worried about the variant,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.\nLip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy.\nThe Dow Jones Industrial Average rose 646.95 points, or 1.87%, to 35,227.03, the S&P 500 gained 53.24 points, or 1.17%, to 4,591.67 and the Nasdaq Composite added 139.68 points, or 0.93%, to 15,225.15.\nThe S&P 500 Value Index rose 1.5%, outperforming its growth counterpart , which gained 0.9%.\nThe economically sensitive Dow Jones Transportation index outperformed the broader market with a 2.3% gain while the small-cap Russell 2000 climbed 2%.\nWall Street's major indexes have been swinging wildly since Nov. 26 as investors digested news of the COVID-19 Omicron variant and then Federal Reserve Chair Jerome Powell's hawkish comments last week about a speedier tapering of government bond-buying to tackle surging inflation.\nThe S&P's finish on Monday was 2.3% below where it traded before investors started reacting to the Omicron virus.\n\"If today's strength in the blue chips can sort of sustain itself, that might give the rest of the market the ability to start to feel confident,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.\nStill, Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of Omicron. Investors had also been bracing for a potential hit to corporate earnings, particularly among retailers, restaurants and travel companies.\nThe industrials sector's three biggest percentage gainers were airlines led by United Airlines 8.3% gain while the S&P Airline's index closed up 5.5%.\nOther strong gainers in travel related stocks included Norwegian Cruise Line Holdings , which finished up 9.5%. Vacation rental company Airbnb added 8.5%.\nBig decliners included COVID-19 vaccine makers such as Moderna Inc , down 13.5%, and Pfizer, down 5%, as investors anticipated development of vaccines with protections specific to Omicron could take months.\nNvidia closed down 2%. Investors have been worried about the outcome of regulatory scrutiny of its deal to buy British chip firm ARM Ltd.\nKohl's Corp shares closed up 5.4% after hedge fund Engine Capital LP said it was pushing the department-store chain to consider a sale of the company or separate its e-commerce division to improve its lagging stock price.\nJJ Kinahan, chief market strategist at TD Ameritrade, said investors may be preparing for a Dec. 17 expiration of options and futures.\n\"You have a lot of firms that have a double mandate right now. You are trying to take off risk, expiration related, while the same time rebalancing your portfolio heading into 2022,\" he said.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.\nThe S&P 500 posted 20 new 52-week highs and one new low; the Nasdaq Composite recorded 28 new highs and 600 new lows.\nOn U.S. exchanges, 11.96 billion shares changed hands compared with the 11.55 billion average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877663750,"gmtCreate":1637925591119,"gmtModify":1637925591248,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877663750","repostId":"1169321006","repostType":4,"repost":{"id":"1169321006","kind":"news","pubTimestamp":1637925348,"share":"https://www.laohu8.com/m/news/1169321006?lang=&edition=full","pubTime":"2021-11-26 19:15","market":"us","language":"en","title":"Traders Unwind Rate-Hike Bets as New Covid Fears Spread","url":"https://stock-news.laohu8.com/highlight/detail?id=1169321006","media":"Bloomberg","summary":"(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as ","content":"<p>(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow economic growth.</p>\n<p>Traders have pushed back the timing of a 25-basis-point rate increase by the Federal Reserve to September from June, with only one further hike expected for the remainder of 2022. It’s a similar story in the U.K. where the Bank of England is now expected to tighten policy in February instead of next month.</p>\n<p>Wagers that the European Central Bank will raise its deposit rate by the end of next year have also been slashed, with only a seven basis-point increase priced in, around half of that seen earlier this week. The European Union is proposing to follow the U.K. in halting air travel from southern Africa after the new Covid-19 variant was identified there.</p>\n<p>“Over the next couple of weeks we could see this move continuing,” said Pooja Kumra, senior European rates strategist at Toronto-Dominion Bank, in an interview on Bloomberg Television. “Right now we would expect central banks to remain more sympathetic to the situation before removing any accommodation.”</p>\n<p>Major central banks have spent months priming the market for an era of tighter monetary policy as the global economy emerged from the pandemic and inflation accelerated. Yet the prospect of widespread travel restrictions and renewed curbs to social activity mean policy makers have to think twice before starting to pull back on support, dealing a blow to traders positioned for rate increases.</p>\n<p>What We Know About the New Virus Variant That’s Rocking Markets</p>\n<p>The World Health Organization and scientists are studying the recently identified variant, which has been described as very different to previous versions and of serious concern. The U.K., Singapore and Israel curbed travel from South Africa and some neighboring countries. Hong Kong confirmed two cases of the strain.</p>\n<p>If the new strain turns out to be as potent as it seems, it “will negate the need for monetary tightening that most developed market central banks were leaning towards,” said Peter Chatwell, multi-asset strategist at Mizuho International Plc. He expects central banks to push back interest-rate hikes by about six months in this instance.</p>\n<p>Five-year government bond yields, which are most sensitive to monetary policy, led declines in the U.S. and U.K., falling as much as 15 basis points to 1.19% and 14 basis points to 0.60%, respectively.</p>\n<p>Traders are also pushing back of bets for monetary tightening in central and eastern Europe, among the first regions to react to a spike in prices with interest-rate increases this year. Forward-rate agreements over the next 12 months in Hungary, Poland and the Czech Republic tumbled more than 20 basis points.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Traders Unwind Rate-Hike Bets as New Covid Fears Spread</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\">\nTraders Unwind Rate-Hike Bets as New Covid Fears Spread\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 19:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow ...</p>\n\n<a href=\"https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/traders-unwind-rate-hike-bets-101556733.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169321006","content_text":"(Bloomberg) -- Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow economic growth.\nTraders have pushed back the timing of a 25-basis-point rate increase by the Federal Reserve to September from June, with only one further hike expected for the remainder of 2022. It’s a similar story in the U.K. where the Bank of England is now expected to tighten policy in February instead of next month.\nWagers that the European Central Bank will raise its deposit rate by the end of next year have also been slashed, with only a seven basis-point increase priced in, around half of that seen earlier this week. The European Union is proposing to follow the U.K. in halting air travel from southern Africa after the new Covid-19 variant was identified there.\n“Over the next couple of weeks we could see this move continuing,” said Pooja Kumra, senior European rates strategist at Toronto-Dominion Bank, in an interview on Bloomberg Television. “Right now we would expect central banks to remain more sympathetic to the situation before removing any accommodation.”\nMajor central banks have spent months priming the market for an era of tighter monetary policy as the global economy emerged from the pandemic and inflation accelerated. Yet the prospect of widespread travel restrictions and renewed curbs to social activity mean policy makers have to think twice before starting to pull back on support, dealing a blow to traders positioned for rate increases.\nWhat We Know About the New Virus Variant That’s Rocking Markets\nThe World Health Organization and scientists are studying the recently identified variant, which has been described as very different to previous versions and of serious concern. The U.K., Singapore and Israel curbed travel from South Africa and some neighboring countries. Hong Kong confirmed two cases of the strain.\nIf the new strain turns out to be as potent as it seems, it “will negate the need for monetary tightening that most developed market central banks were leaning towards,” said Peter Chatwell, multi-asset strategist at Mizuho International Plc. He expects central banks to push back interest-rate hikes by about six months in this instance.\nFive-year government bond yields, which are most sensitive to monetary policy, led declines in the U.S. and U.K., falling as much as 15 basis points to 1.19% and 14 basis points to 0.60%, respectively.\nTraders are also pushing back of bets for monetary tightening in central and eastern Europe, among the first regions to react to a spike in prices with interest-rate increases this year. Forward-rate agreements over the next 12 months in Hungary, Poland and the Czech Republic tumbled more than 20 basis points.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":154976878,"gmtCreate":1625474419294,"gmtModify":1633940359876,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"Please help like. Thanks. !&nbsp;","listText":"Please help like. Thanks. !&nbsp;","text":"Please help like. Thanks. !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154976878","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</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>Is the Stock Market Open or Closed on Independence Day?</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\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152425316,"gmtCreate":1625331242535,"gmtModify":1633941447272,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"!","listText":"!","text":"!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152425316","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","kind":"news","pubTimestamp":1625276221,"share":"https://www.laohu8.com/m/news/1188153141?lang=&edition=full","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</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\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183250695,"gmtCreate":1623333555917,"gmtModify":1631888676594,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/JG\">$Aurora Mobile Ltd(JG)$</a> Aurora Mobile Ltd (JG.US) Q1 performance exceeded expectations. SAAS business revenue increased by 56% year-on-year to RMB 76.6 million And we are down 6% today... im amazed.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/JG\">$Aurora Mobile Ltd(JG)$</a> Aurora Mobile Ltd (JG.US) Q1 performance exceeded expectations. SAAS business revenue increased by 56% year-on-year to RMB 76.6 million And we are down 6% today... im amazed.","text":"$Aurora Mobile Ltd(JG)$ Aurora Mobile Ltd (JG.US) Q1 performance exceeded expectations. SAAS business revenue increased by 56% year-on-year to RMB 76.6 million And we are down 6% today... im amazed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/183250695","isVote":1,"tweetType":1,"viewCount":2215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112079270,"gmtCreate":1622831871790,"gmtModify":1631888335883,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OEG\">$Orbital Energy Group(OEG)$</a>:(","listText":"<a href=\"https://laohu8.com/S/OEG\">$Orbital Energy Group(OEG)$</a>:(","text":"$Orbital Energy Group(OEG)$:(","images":[{"img":"https://static.tigerbbs.com/17cde52a1458a33f2b2d54b290f95974","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/112079270","isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":602972401,"gmtCreate":1638965952148,"gmtModify":1638965952302,"author":{"id":"3569281512419792","authorId":"3569281512419792","name":"42a4eeda","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281512419792","authorIdStr":"3569281512419792"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602972401","repostId":"1110807624","repostType":4,"repost":{"id":"1110807624","kind":"news","pubTimestamp":1638965732,"share":"https://www.laohu8.com/m/news/1110807624?lang=&edition=full","pubTime":"2021-12-08 20:15","market":"us","language":"en","title":"Why Lordstown Stock Might Fall Even Further","url":"https://stock-news.laohu8.com/highlight/detail?id=1110807624","media":"Seeking Alpha","summary":"Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Lordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.</li>\n <li>Commercial production of the Endurance electric truck is expected to begin in Q3 2022 and scale to ~30,000 trucks in 2023.</li>\n <li>But that's not nearly enough scale to reach profitability. Their financials suggest they will continue to burn cash for several years.</li>\n <li>Down more than 80% from highs, the stock still looks overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/177cda1ae36b24dd7931e23fa6e9f667\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Tasos Katopodis/Getty Images News</span></p>\n<p><b>Lordstown's Rocky start</b></p>\n<p>Lordstown Motors (RIDE) is a pre-revenue EV company that is launching the Endurance electric truck next year with commercial production expected in Q3. That date was&nbsp;delayed&nbsp;from fall 2020 last year, and they were&nbsp;accused&nbsp;by a short-seller of faking or mispresenting some of the 100,000 pre-orders they claimed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35dc55d82d6dcb02aa388fbd9af62089\" tg-width=\"640\" tg-height=\"320\" width=\"100%\" height=\"auto\"><span>Source: Business Insider</span></p>\n<p>But that was under the previous CEO and founder Steve Burns who resigned in June. Lordstown brought in former Icahn Automotive CEO Daniel Ninivaggi as the new chief executive. There has only been a one-quarter delay in production since then.</p>\n<p>They recently entered a&nbsp;partnership&nbsp;with Foxconn, who will buy their production facility for $230 million and act as their contract manufacturer. This solves their near-term cash need but could lower their margin because Foxconn has to make a profit on each car as the manufacturer.</p>\n<p>With the stock down 80% from all-time highs and a market cap under $1B, you might expect this to be an undervalued stock in the EV sector. But the numbers suggest that even if they hit their production timeline, it won't justify their current valuation.</p>\n<p>\"Bull Case\" for Lordstown</p>\n<p>It's hard to make early-stage projections, but let's try being generous. Assume there are no more delays, and production is scaled to meet the higher end of wall street revenue estimates, which would be 35,000 cars x $55,000 = $1.9 billion of revenue in 2023. That sounds like a lot compared to their $800M market cap, but they're not in a high-margin business.</p>\n<p>Most automakers have&nbsp;gross margins&nbsp;in the 10-20% range, but trucks usually have a higher margin than other vehicles. So, assume Lordstown can match the 25% gross margin of the best-selling truck, the FordF-150. That also happens to be the approximate gross margin of Tesla(NASDAQ:TSLA).</p>\n<p>That leaves them with $1.9B x 25% = $475 million of gross profit in 2023. The problem is that, just in&nbsp;2021, they will spend $110M on selling, general and administrative expenses, another $330M on R&amp;D, and $380M in capital expenditures. We could assume CapEx will be lower in the future because they are outsourcing production, but keep in mind that Foxconn will now make a profit on each car they produce, so it still ends up as a cost to Lordstown. Meaning that if CapEx is lower in the future because production is outsourced, the gross margin will likely be lower than 25%.</p>\n<p>Those numbers suggest Lordstown will be burning cash in 2023 even if costs remain flat, which is a generous assumption since they are trending upwards as the company grows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3075377f53a7595962bd05cac35db301\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>So, even if Lordstown meets the production schedule, can make the same margin as the most successful truck brands, and keep costs flat, they might lose $100M or more in 2023, which is still 2 years away.</p>\n<p><b>The Competition</b></p>\n<p>If they won't be profitable in the next several years, the $800M value of the company must be justified by growth in the years beyond. The production facility now owned by Foxconn is said to have a&nbsp;capacity&nbsp;of 400,000 vehicles, so if they could scale beyond 35,000 vehicles after 2023 and control costs they could eventually be profitable. But once production is no longer an issue, sales and margin will be. They have stiff competition. Most notable is Tesla's Cybertruck.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/46c0ffd71c607f7dc2fe449a168d3f15\" tg-width=\"640\" tg-height=\"303\" width=\"100%\" height=\"auto\"><span>Source: electrek.co</span></p>\n<p>Its production&nbsp;timeline&nbsp;is similar to Lordstown's Endurance - production beginning in 2022 and scaling in 2023. The caveat is that Tesla is a trillion-dollar company that has&nbsp;spent&nbsp;2x Lordstown's current market cap just in R&amp;D over the past twelve months. That wasn't all on the Cybertruck, but it shows how much bigger the competition is.</p>\n<p>Tesla is just the start. Rivian (RIVN) is another $90B market cap company launching an electric truck next year. Ford (F) expects to be producing 80,000 electric F150's in 2023, more than double Lordstown. General Motors (GM) is launching the first electric hummer this month and will bring an electric version of the Chevy Silverado to market in 2023.</p>\n<p>Rivian&nbsp;plans&nbsp;to scale production to 150,000 by late 2023. Ford expects 80,000. Elon Musk&nbsp;thinks&nbsp;Tesla can produce 200,000-300,000 Cybertrucks, but analysts at Morgan Stanley&nbsp;estimate&nbsp;more like 100,000. GM will likely be capable of 50,000-100,000. That's 300,000-500,000 units from those 4 alone compared to 3,000,000 in annual US&nbsp;pickup truck sales. Electric car adoption is currently only&nbsp;2%(though growing fast) in the US, and those 4 competitors could have enough capacity for more than 10-15% of pickup sales to be electric by 2023.</p>\n<p>Ram, the second best-selling pickup truck brand, will launch an&nbsp;electric truck&nbsp;in 2024.Toyota(NYSE:TM)&nbsp;and&nbsp;Nissan(OTCPK:NSANY)are also planning full-electric trucks. All those entrants to the electric truck market could mean that even if demand grows rapidly, supply might be high enough that Lordstown will have poor margins or never generate enough demand to scale further.</p>\n<p><b>Cash Burn</b></p>\n<p>The other EV players are many times bigger than Lordstown and most importantly can easily access billions of investment capital. Lordstown has a fraction of the capital and will likely need to issue more shares in the future to raise cash.</p>\n<p>If they sell 15,000 cars in 2022 with a 25% gross profit margin, that's ~$200 million in gross profit. Their annual cost base is at least $400M ($110M SG&amp;A + $200M R&amp;D + &gt;$100M CapEx). So, it's realistic to assume they earn $100-200M in gross profit and burn $200-300M in 2022.</p>\n<p>They have&nbsp;$220M&nbsp;on the balance sheet already and will make $200M from the sale of their facility to Foxconn by 2022. It's possible they go through most of that cash by the end of 2023 and need to raise more capital. There's no certainty they will be close to profitable by 2024, so they might need even more for the years after. At which point, they will still be a fraction of their competitors. The ultimate concern is that they won't be able to reach a profitable scale before their capital runs out.</p>\n<p><b>Conclusion</b></p>\n<p>Betting on Lordstown Motors doesn't seem worth the risk when they have to compete in a difficult industry with rivals that outmatch them in capacity, R&amp;D, and access to capital. Even if they meet production targets without delay, they will lack scale and likely be unprofitable for many years. It seems like a long and unlikely road for this stock to succeed.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Lordstown Stock Might Fall Even Further</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\">\nWhy Lordstown Stock Might Fall Even Further\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.\nCommercial production of the Endurance electric truck is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further\">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://seekingalpha.com/article/4474021-lordstown-motors-ride-stock-might-fall-further","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110807624","content_text":"Summary\n\nLordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO.\nCommercial production of the Endurance electric truck is expected to begin in Q3 2022 and scale to ~30,000 trucks in 2023.\nBut that's not nearly enough scale to reach profitability. Their financials suggest they will continue to burn cash for several years.\nDown more than 80% from highs, the stock still looks overvalued.\n\nTasos Katopodis/Getty Images News\nLordstown's Rocky start\nLordstown Motors (RIDE) is a pre-revenue EV company that is launching the Endurance electric truck next year with commercial production expected in Q3. That date was delayed from fall 2020 last year, and they were accused by a short-seller of faking or mispresenting some of the 100,000 pre-orders they claimed.\nSource: Business Insider\nBut that was under the previous CEO and founder Steve Burns who resigned in June. Lordstown brought in former Icahn Automotive CEO Daniel Ninivaggi as the new chief executive. There has only been a one-quarter delay in production since then.\nThey recently entered a partnership with Foxconn, who will buy their production facility for $230 million and act as their contract manufacturer. This solves their near-term cash need but could lower their margin because Foxconn has to make a profit on each car as the manufacturer.\nWith the stock down 80% from all-time highs and a market cap under $1B, you might expect this to be an undervalued stock in the EV sector. But the numbers suggest that even if they hit their production timeline, it won't justify their current valuation.\n\"Bull Case\" for Lordstown\nIt's hard to make early-stage projections, but let's try being generous. Assume there are no more delays, and production is scaled to meet the higher end of wall street revenue estimates, which would be 35,000 cars x $55,000 = $1.9 billion of revenue in 2023. That sounds like a lot compared to their $800M market cap, but they're not in a high-margin business.\nMost automakers have gross margins in the 10-20% range, but trucks usually have a higher margin than other vehicles. So, assume Lordstown can match the 25% gross margin of the best-selling truck, the FordF-150. That also happens to be the approximate gross margin of Tesla(NASDAQ:TSLA).\nThat leaves them with $1.9B x 25% = $475 million of gross profit in 2023. The problem is that, just in 2021, they will spend $110M on selling, general and administrative expenses, another $330M on R&D, and $380M in capital expenditures. We could assume CapEx will be lower in the future because they are outsourcing production, but keep in mind that Foxconn will now make a profit on each car they produce, so it still ends up as a cost to Lordstown. Meaning that if CapEx is lower in the future because production is outsourced, the gross margin will likely be lower than 25%.\nThose numbers suggest Lordstown will be burning cash in 2023 even if costs remain flat, which is a generous assumption since they are trending upwards as the company grows.\nData by YCharts\nSo, even if Lordstown meets the production schedule, can make the same margin as the most successful truck brands, and keep costs flat, they might lose $100M or more in 2023, which is still 2 years away.\nThe Competition\nIf they won't be profitable in the next several years, the $800M value of the company must be justified by growth in the years beyond. The production facility now owned by Foxconn is said to have a capacity of 400,000 vehicles, so if they could scale beyond 35,000 vehicles after 2023 and control costs they could eventually be profitable. But once production is no longer an issue, sales and margin will be. They have stiff competition. Most notable is Tesla's Cybertruck.\nSource: electrek.co\nIts production timeline is similar to Lordstown's Endurance - production beginning in 2022 and scaling in 2023. The caveat is that Tesla is a trillion-dollar company that has spent 2x Lordstown's current market cap just in R&D over the past twelve months. That wasn't all on the Cybertruck, but it shows how much bigger the competition is.\nTesla is just the start. Rivian (RIVN) is another $90B market cap company launching an electric truck next year. Ford (F) expects to be producing 80,000 electric F150's in 2023, more than double Lordstown. General Motors (GM) is launching the first electric hummer this month and will bring an electric version of the Chevy Silverado to market in 2023.\nRivian plans to scale production to 150,000 by late 2023. Ford expects 80,000. Elon Musk thinks Tesla can produce 200,000-300,000 Cybertrucks, but analysts at Morgan Stanley estimate more like 100,000. GM will likely be capable of 50,000-100,000. That's 300,000-500,000 units from those 4 alone compared to 3,000,000 in annual US pickup truck sales. Electric car adoption is currently only 2%(though growing fast) in the US, and those 4 competitors could have enough capacity for more than 10-15% of pickup sales to be electric by 2023.\nRam, the second best-selling pickup truck brand, will launch an electric truck in 2024.Toyota(NYSE:TM) and Nissan(OTCPK:NSANY)are also planning full-electric trucks. All those entrants to the electric truck market could mean that even if demand grows rapidly, supply might be high enough that Lordstown will have poor margins or never generate enough demand to scale further.\nCash Burn\nThe other EV players are many times bigger than Lordstown and most importantly can easily access billions of investment capital. Lordstown has a fraction of the capital and will likely need to issue more shares in the future to raise cash.\nIf they sell 15,000 cars in 2022 with a 25% gross profit margin, that's ~$200 million in gross profit. Their annual cost base is at least $400M ($110M SG&A + $200M R&D + >$100M CapEx). So, it's realistic to assume they earn $100-200M in gross profit and burn $200-300M in 2022.\nThey have $220M on the balance sheet already and will make $200M from the sale of their facility to Foxconn by 2022. It's possible they go through most of that cash by the end of 2023 and need to raise more capital. There's no certainty they will be close to profitable by 2024, so they might need even more for the years after. At which point, they will still be a fraction of their competitors. The ultimate concern is that they won't be able to reach a profitable scale before their capital runs out.\nConclusion\nBetting on Lordstown Motors doesn't seem worth the risk when they have to compete in a difficult industry with rivals that outmatch them in capacity, R&D, and access to capital. Even if they meet production targets without delay, they will lack scale and likely be unprofitable for many years. It seems like a long and unlikely road for this stock to succeed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}