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Kaesonlim

Kaesonlim

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2021-06-29

Hi

Nomura loses 20 investment bankers in Asia after bonus payouts

2021-06-27

Nice

Tesla ‘Recall’ in China to Impact Nearly 300,000 Vehicles. What to Know.

2021-06-24

Tesla!

Tesla lifts Nasdaq to record-high close, S&P 500 dips

2021-06-23

Wow

抱歉，原内容已删除

2021-04-09

Long term is the way

Tesla: Why Its Deliveries Beat Means Nothing

2021-04-09

👌🏻

GameStop-Era Investors Add Bullish Force to Market, Survey Finds

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Nomura Holdings lost about 20 mostly junior investment bankers in Asia after","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Nomura loses 20 investment bankers in Asia after bonus payouts</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\">\nNomura loses 20 investment bankers in Asia after bonus payouts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NMR":"野村控股"},"source_url":"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147551855","content_text":"HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial firms vie for talent in the fast-expanding region.\nThe resignations, which all were outside of Japan, include the head of Greater China equity capital markets, Alexandra Tong, said people familiar with the matter. MS Tong confirmed her departure. A Hong Kong-based spokesman for Nomura declined to comment.\nGlobal banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings. At Nomura, the attrition was comparable to that in the previous years after bonus payouts, the people said. Still, the departures highlight the acute talent shortage in China and Hong Kong, where attrition rates this year of junior bankers has roughly doubled at some firms.\nNomura has also seen the departure of several prominent bankers in Asia over the past months, including the head of health care investment banking, Vijay Karwal, who became the chief financial officer for biopharmaceutical start-up AffaMed Therapeutics. Anshul Trivedi, head of Asia equity capital markets syndicate, left earlier this month.\nTo boost its ranks, the firm recently hired Li Gao as head of China financial sponsors in Hong Kong from JPMorgan Chase & Co, people familiar said. Sebastian Jones joined as an executive director for the technology, media and telecommunications sector in Singapore from Macquarie Group. Ashwin Narang was hired for the debt team in India.\nThe investment bank is reviewing candidates for the position left by Mr Karwal, and will have a new group of graduate hires starting in late July, the people said.\nInvestment banks are raising pay for junior employees and adding staff to prevent defections and ease discontent over long hours and work-life balance issues during the pandemic.\nHSBC, which is in a midst of a major pivot to Asia, in April promised a shorter career path for new associates, offering promotions after three years instead of four. It also pledged to boost pay. Switzerland's largest lender UBS Group has agreed to pay a US$40,000 (S$53,700) one-time bonus to its global banking analysts when they are promoted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124218399,"gmtCreate":1624766609811,"gmtModify":1633948863938,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576132871598457","idStr":"3576132871598457"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124218399","repostId":"1121141266","repostType":4,"repost":{"id":"1121141266","pubTimestamp":1624760169,"share":"https://www.laohu8.com/m/news/1121141266?lang=&edition=full","pubTime":"2021-06-27 10:16","market":"us","language":"en","title":"Tesla ‘Recall’ in China to Impact Nearly 300,000 Vehicles. What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1121141266","media":"Barrons","summary":"Tesla will have to “recall” nearly 300,000 vehicles made in China or imported there due to a problem with an assisted driving function, China’s State Administration for Market Regulation said late on Friday.Tesla  apologized on Weibo, a Chinese social media site. “We apologize for the inconvenience caused by this recall to all car owners,” the company said, according toThe Wall Street Journal. “Tesla will continue to improve safety in strict accordance with national requirements.”The notice from","content":"<p>Tesla&nbsp;will have to “recall” nearly 300,000 vehicles made in China or imported there due to a problem with an assisted driving function, China’s State Administration for Market Regulation said late on Friday.</p>\n<p>Tesla (ticker: TSLA) apologized on Weibo, a Chinese social media site. “We apologize for the inconvenience caused by this recall to all car owners,” the company said, according toThe Wall Street Journal. “Tesla will continue to improve safety in strict accordance with national requirements.”</p>\n<p>The notice from the Chinese regulator said that the cruise control system could be activated by accident, which could cause a collision, according to newswire service&nbsp;AFP. Tesla will be able to update the software for impacted customers remotely, so they will not have to return their cars, the report said. The regulator did not immediately answer a question from<i>Barron’s</i>on whether the issue had already led to collisions in China.</p>\n<p>China is a key market for Tesla, which sells about 30% of its vehicles there. Sales in China have been spotty lately, with a decline in April followed by&nbsp;more promising May numbers. Tesla has been making vehicles at a Shanghai plant since 2019.</p>\n<p>Lately, there have been complaints from some Chinese customers about Tesla’s quality and service, with&nbsp;a protest at the Shanghai Auto Show in April. Tesla apologized to customers in April for how it dealt with customer complaints.</p>\n<p>The issues are part of&nbsp;a larger public relations problem&nbsp;that may be weighing on Tesla stock, which is down 5% this year after rising eight-fold in 2020. That said, the stock was&nbsp;on an upswing over the past week, perhaps related to optimism about end-of-quarter vehicle deliveries. Tesla has not announced the date of its second-quarter earnings report yet.</p>\n<p>It’s not clear if the issue in China could also impact vehicles in the U.S. Tesla did not immediately respond to a request for comment on Saturday morning.</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>Tesla ‘Recall’ in China to Impact Nearly 300,000 Vehicles. What to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla ‘Recall’ in China to Impact Nearly 300,000 Vehicles. What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 10:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-recall-china-51624718932?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla will have to “recall” nearly 300,000 vehicles made in China or imported there due to a problem with an assisted driving function, China’s State Administration for Market Regulation said late on ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-recall-china-51624718932?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/tesla-recall-china-51624718932?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121141266","content_text":"Tesla will have to “recall” nearly 300,000 vehicles made in China or imported there due to a problem with an assisted driving function, China’s State Administration for Market Regulation said late on Friday.\nTesla (ticker: TSLA) apologized on Weibo, a Chinese social media site. “We apologize for the inconvenience caused by this recall to all car owners,” the company said, according toThe Wall Street Journal. “Tesla will continue to improve safety in strict accordance with national requirements.”\nThe notice from the Chinese regulator said that the cruise control system could be activated by accident, which could cause a collision, according to newswire service AFP. Tesla will be able to update the software for impacted customers remotely, so they will not have to return their cars, the report said. The regulator did not immediately answer a question fromBarron’son whether the issue had already led to collisions in China.\nChina is a key market for Tesla, which sells about 30% of its vehicles there. Sales in China have been spotty lately, with a decline in April followed by more promising May numbers. Tesla has been making vehicles at a Shanghai plant since 2019.\nLately, there have been complaints from some Chinese customers about Tesla’s quality and service, with a protest at the Shanghai Auto Show in April. Tesla apologized to customers in April for how it dealt with customer complaints.\nThe issues are part of a larger public relations problem that may be weighing on Tesla stock, which is down 5% this year after rising eight-fold in 2020. That said, the stock was on an upswing over the past week, perhaps related to optimism about end-of-quarter vehicle deliveries. Tesla has not announced the date of its second-quarter earnings report yet.\nIt’s not clear if the issue in China could also impact vehicles in the U.S. Tesla did not immediately respond to a request for comment on Saturday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128953061,"gmtCreate":1624499005753,"gmtModify":1634005235020,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576132871598457","idStr":"3576132871598457"},"themes":[],"htmlText":"Tesla!","listText":"Tesla!","text":"Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128953061","repostId":"2145156570","repostType":4,"repost":{"id":"2145156570","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":1624489510,"share":"https://www.laohu8.com/m/news/2145156570?lang=&edition=full","pubTime":"2021-06-24 07:05","market":"us","language":"en","title":"Tesla lifts Nasdaq to record-high close, S&P 500 dips","url":"https://stock-news.laohu8.com/highlight/detail?id=2145156570","media":"Reuters","summary":"June 23  - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi","content":"<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla lifts Nasdaq to record-high close, S&P 500 dips</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla lifts Nasdaq to record-high close, S&P 500 dips\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\">2021-06-24 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145156570","content_text":"June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.\nGains in Nvidia Corp and Facebook Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.\nData firm IHS Markit said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.\nThe \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.\nOn Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.\nPowell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.\n\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.\nEight of the 11 major S&P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .\nTesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.\nExtending investors' recent preference for growth stocks, the S&P 500 growth index edged up 0.01%, while the value index dipped 0.24%.\nThe Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&P 500 lost 0.11% to 4,241.84.\nThe Nasdaq Composite climbed 0.13% to 14,271.73.\nThe S&P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.\nNikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.\nAmong so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while Torchlight Energy Resources Inc slumped 30%, tumbling for a second day after announcing an upsized stock offering.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.\nThe S&P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.\nVolume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123005951,"gmtCreate":1624402125173,"gmtModify":1634006811060,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576132871598457","idStr":"3576132871598457"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123005951","repostId":"2145599620","repostType":4,"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348818767,"gmtCreate":1617907010759,"gmtModify":1634295842017,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576132871598457","idStr":"3576132871598457"},"themes":[],"htmlText":"Long term is the way","listText":"Long term is the way","text":"Long term is the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348818767","repostId":"1101689800","repostType":4,"repost":{"id":"1101689800","pubTimestamp":1617896048,"share":"https://www.laohu8.com/m/news/1101689800?lang=&edition=full","pubTime":"2021-04-08 23:34","market":"us","language":"en","title":"Tesla: Why Its Deliveries Beat Means Nothing","url":"https://stock-news.laohu8.com/highlight/detail?id=1101689800","media":"seekingalpha","summary":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla beat sales estimates during Q1, which was a surprise to most.</li>\n <li>But in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.</li>\n <li>Looking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b41a4e8e9d9664a78be68e0649d0dec5\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Dean Mouhtaropoulos/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.</p>\n<p><b>Tesla's Q1 Deliveries Beat</b></p>\n<p>First things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to&nbsp;easily beat&nbsp;delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.</p>\n<p>Nevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:</p>\n<p><b>1. Deliveries outpaced production</b></p>\n<p>This is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of&nbsp;1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.</p>\n<p><b>2. Sales moved to lower-priced vehicles</b></p>\n<p>This wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.</p>\n<p><b>3. How meaningful is Tesla's Q1 growth in deliveries?</b></p>\n<p>Tesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the question<i>Is Tesla growing faster than its peers?</i></p>\n<p>Total global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.</p>\n<p>InsideEVs reports that total global EV sales in January totaled more than&nbsp;320,000, and that total global EV sales in February totaled&nbsp;270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,<i>grew slower than the market</i>. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.</p>\n<p><b>Other EV Companies Are Outpacing Tesla's Growth</b></p>\n<p>This aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:</p>\n<p>Nio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.</p>\n<p>Tesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.</p>\n<p>Volkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.</p>\n<p><b>What Does It Mean For Tesla?</b></p>\n<p>The fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.</p>\n<p>Considering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/924bf511703de1645bf04a5b7f308d85\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>Tesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.</p>\n<p>Comparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.</p>\n<p><b>Takeaway</b></p>\n<p>Am I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).</p>\n<p>Tesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.</p>\n<p>Obvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.</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>Tesla: Why Its Deliveries Beat Means Nothing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Why Its Deliveries Beat Means Nothing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4418153-tesla-why-its-deliveries-beat-means-nothing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1101689800","content_text":"Summary\n\nTesla beat sales estimates during Q1, which was a surprise to most.\nBut in the grand scheme of things, this doesn't really change anything. At around $700 billion, Tesla is too expensive.\nLooking closer, Tesla may actually have lost more market share in Q1, despite growing sales meaningfully year over year. Many peers grew their deliveries much more than Tesla.\n\nPhoto by Dean Mouhtaropoulos/Getty Images News via Getty Images\nArticle Thesis\nTesla (TSLA) beat delivery estimates for the first quarter, showing strong growth year over year. A closer look, however, shows that this may not be too significant, as Tesla possibly even lost market share despite the solid year-over-year performance. Overall, beating sales estimates by a couple of thousand cars doesn't change the fact that shares are looking very expensive and are, I believe, quite overvalued.\nTesla's Q1 Deliveries Beat\nFirst things first, Tesla should be applauded for delivering not only new record vehicle sales for a fiscal Q1 but also a small sequential increase in deliveries, which is not typical for the Q4-Q1 comparison. Tesla also managed to easily beat delivery estimates, which was, again, a strong showing from the company on an operational basis. I mention these positives because my rather bearish position regarding the company's stock is not based on a belief that the company is weak operationally, or that it will go bankrupt, or anything like that. Instead, I think that Tesla is a leading player in the growing EV market, but that its stock is just way too expensive. In general, solid to strong operational results have to be expected from Tesla, as well as from most other EV players, but that doesn't necessarily change the thesis -- Tesla can still be way overvalued, even if it churns out compelling results operationally.\nNevertheless, it makes sense to take a deeper dive into the delivery numbers and what they mean for Tesla. Despite the fact that Tesla was able to grow deliveries by a highly compelling 110%, not everything is perfect when it comes to deliveries. Three key points come to mind:\n1. Deliveries outpaced production\nThis is a positive when it comes to cash flow generation, as Tesla liquidated some of its assets (finished products) and turned them into cash. However, production standing at 180,000 for the quarter also means that Tesla is, from what we see right now, not on track for the production of 1 million cars in 2021. Instead, Tesla would produce (and presumably sell) a little more than 700,000 cars in 2021 at the pace shown in Q1. If we assume that further ramping of production in China will add some additional capacity, then 800,000 cars for 2021 seem like a realistic and achievable estimate. Tesla would have to produce more than 270,000 cars during each of the next three quarters to hit a production target of 1 million cars this year -- compared to the 180,000 cars produced in Q1, that seems like a stretch, at least to me.\n2. Sales moved to lower-priced vehicles\nThis wasn't a large surprise, due to the model refreshes for the S and the X. But still, most analysts had estimated that Tesla would deliver about 5,000 of the two higher-priced models, combined, whereas deliveries totaled just 2,000 for those models in Q1. This naturally means that average sales prices will be lower than what the analyst community had modeled and that gross margins will likely also not be great in the first quarter.\n3. How meaningful is Tesla's Q1 growth in deliveries?\nTesla is a key player in the global EV market, and that market is experiencing a lot of growth, due to a range of factors, including government incentives. It thus has to be expected that Tesla grows its sales meaningfully on a year-over-year basis, this alone is not great news. To gauge how well Tesla is doing, we can look at market share trends, i.e. the answer to the questionIs Tesla growing faster than its peers?\nTotal global EV sales for Q1 are not published yet, so there is no way to find a definitive answer to that question. We can, however, look at how the market performed in January and February, as we have global EV sales data for these two months.\nInsideEVs reports that total global EV sales in January totaled more than 320,000, and that total global EV sales in February totaled 270,000. These numbers were up by 112% and 136% year over year, respectively. We can thus deduct that the global EV market grew by around 120% during January and February. It seems, to me, reasonable to assume that growth in March was likely at a similar level, although we don't know official numbers yet. If that is the case, then Tesla's sales, which were up 110% in Q1,grew slower than the market. In other words, if the very strong EV sales trends in January and February held on through March, then Tesla has actually lost market share in Q1, despite delivering a sizeable year-over-year increase in deliveries.\nOther EV Companies Are Outpacing Tesla's Growth\nThis aligns with the fact that several major EV players have delivered stronger sales growth than Tesla in Q1. Let's look at a couple of those:\nNio (NIO) has delivered 20,000 vehicles in Q1, which was up by a massive423%year over year. Sure, this growth was based on a rather low basis in Q1 2020, but still, it is obvious that NIO, one of the highest-valued pure-play EV companies, has gained massive market share in Q1 -- unlike Tesla. The company was not alone, though, as other Chinese EV players delivered very strong sales gains as well. XPeng (XPEV), for example, saw its EV sales rise by487%year over year during Q1 and is now at a run rate of well ahead of 50,000 vehicles a year. XPeng is growing from a lower base compared to Tesla, just like NIO, but it is still a mathematical fact that both of these companies have experienced significant market share gains, while Tesla hasn't. Li Auto (LI), another Chinese EV player, also saw its deliveries rise more than 300% year over year.\nTesla's market share is not only under attack from these Chinese players, however, as legacy auto companies are also gaining traction. Stellantis (STLA), which includes Chrysler, Fiat, and Citroen, is seeking to sell 400,000 EVs this year, about three times as much compared to 2020. It is not guaranteed that the company will hit that goal, but when we assume that the actual result will be more or less in the forecasted range, then Stellantis should be able to deliver a far superior growth rate compared to Tesla. A 200% increase in EV sales for Tesla during 2021 is basically impossible, as this would require EV sales of about 1.5 million in 2021, which is far ahead of even quite bullish estimates.\nVolkswagen (OTCPK:VWAGY) is another legacy auto player that seeks to grow faster than Tesla this year. The company already managed to do that last year, delivering EV sales growth of 200%, but Bloombergreportsthat the company plans to double its EV sales again this year -- something Tesla will likely not achieve, as 60%-70% growth versus 2020 seems more likely for the current king of EVs.\nWhat Does It Mean For Tesla?\nThe fact that Tesla was able to perform somewhat better than most had estimated in Q1 is a positive, but in the grand scheme of things, it won't matter much. Selling a couple of thousand cars more than expected is nothing that should result in any large moves in the underlying value of a company that is valued at close to $700 billion. Since Tesla is priced for the sale of millions of cars a year, 10,000 in either direction shouldn't be a large factor for its valuation, I believe.\nConsidering the fact that Tesla has most likely lost market share in Q1, as the EV market in total has grown more than Tesla's deliveries, and that legacy auto companies and new EV startups are on track to outpace Tesla's growth in 2021, Tesla looks quite overvalued:\nData by YCharts\nTesla trades at a premium compared to NIO and Li, which both are growing at a much faster pace than Tesla. I personally think that even those are likely overvalued, but no matter how you stand on that, Tesla is clearly more expensive despite delivering lower growth.\nComparing Tesla to Stellantis or Volkswagen isn't easy, as the latter two sell a large amount of non-EV cars. But if Volkswagen, for example, would be valued at the valuation Tesla is valued at for its EV business, even with the legacy business (which does $10+ billion a year in profits) given for free, Volkswagen's shares would have to rise by hundreds of percent. Most will agree that this valuation would be way too high for Volkswagen's shares, so it seems reasonable to state that Tesla doesn't deserve a valuation this high, either.\nTakeaway\nAm I bearish on Tesla's operations? No, I think the company will continue to grow, which can be expected from most players in a growth market. But Tesla won't have the EV market alone, as more and more startups and legacy players are pushing new EV models into the market, at different price points, attacking Tesla from both the top end (LUCIDM) (CCIV) and the bottom end (Stellantis, VW, etc.).\nTesla is not the highest-growth player in its industry by far, has been losing market share in recent years, and yet, it is trading at an ultra-expensive valuation -- even higher than that of NIO, Li, etc. which are growing much faster.\nObvious growth tailwinds for an industry do not necessarily translate to future gains for equity investors in said industry, and I think that will be the case with Tesla. The company will continue to grow, although market share battles will prevent it from becoming gigantic in a short period of time. The current valuation is pricing in too much growth, though, and I don't see shares as an attractive investment right here. This may change if Tesla comes up with something immensely profitable that improves its market position by a lot, and I don't at all advise anyone to short the stock. But right here, from what I see, shares are just too expensive relative to what Tesla is delivering right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348818155,"gmtCreate":1617906917977,"gmtModify":1634295842482,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576132871598457","idStr":"3576132871598457"},"themes":[],"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348818155","repostId":"1151868345","repostType":4,"repost":{"id":"1151868345","pubTimestamp":1617895526,"share":"https://www.laohu8.com/m/news/1151868345?lang=&edition=full","pubTime":"2021-04-08 23:25","market":"us","language":"en","title":"GameStop-Era Investors Add Bullish Force to Market, Survey Finds","url":"https://stock-news.laohu8.com/highlight/detail?id=1151868345","media":"Barrons","summary":"People who started investing in 2020 are different from those who began before then, and not just be","content":"<p>People who started investing in 2020 are different from those who began before then, and not just becausemany of the&nbsp;mare fond of&nbsp;GameStop&nbsp;stock. A survey commissioned by Charles Schwab and&nbsp;released on Thursday&nbsp;found that the demographics and attitude of new investors mark a sea change.</p>\n<p>For one thing, they are much more bullish on the market than people who have been investing for years. Some of this is simply generational—younger people tend to have a higher risk tolerance. But the survey wasn’t limited by age. It included baby boomers and people in other cohorts who have just begun investing.</p>\n<p>The survey of 1,000 new investors and 200 who started earlier was conducted by Logica Research and included clients of multiple brokerages.Schwab(SCHW) calls them Gen I, for Generation Investor. And they are already a force, making up about 15% of current investors, the survey estimates.</p>\n<p>In 2020, more than 10 million new accounts were opened at U.S. brokerages—a record—and the momentum has continued in 2021. People who dove in near the bottom of the Covid-19 crisis in March made a smart move. The&nbsp;S&amp;P 500&nbsp;is up more than 80% since it hit bottom in March 2020.</p>\n<p>Retail traders have indeed become a much more substantial part of the market in the past year. They have shown that they can cause individual stocks—and sometimes indexes—to move based on their action. Other data shows the new group of investors have been more likely to pick individual stocks, going against recent trends in investing toward exchange-traded funds.</p>\n<p>The survey found that 72% of Gen I is bullish on the U.S. stock market, versus 63% of those who started before. And 43% plan to invest more money this year, versus 20% of the prior cohort.</p>\n<p>Gen I tends to have less money coming in, with 51% living paycheck to paycheck. They have an average income of $76,000, about $20,000 below established investors. And they were more likely to have suffered financially during the pandemic, with 39% experiencing damage versus 28% of established investors.</p>\n<p>Those statistics seem to bolster the narrative from Schwab’s rival Robinhood, which says that its commission-free services have allowed a new group of investors to enjoy market gains. Other brokers, including Schwab, also lowered commissions to zero in late 2019.</p>\n<p>The concern about this new cohort is that they are too inexperienced to know how to hedge their risks. Those risks were&nbsp;one subject of congressional hearingsabout the GameStop frenzy that have been held over the past few weeks.</p>\n<p>But the survey indicates that more new investors are starting to consider long-term plans. In 2020, 44% were focused on short-term gains and 56% were focused on long-term plans. In 2021, 28% want short-term success while 72% are thinking long-term.</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>GameStop-Era Investors Add Bullish Force to Market, Survey Finds</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\">\nGameStop-Era Investors Add Bullish Force to Market, Survey Finds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-era-investors-add-bullish-force-to-market-survey-finds-51617893698?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>People who started investing in 2020 are different from those who began before then, and not just becausemany of the mare fond of GameStop stock. A survey commissioned by Charles Schwab and released ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-era-investors-add-bullish-force-to-market-survey-finds-51617893698?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/gamestop-era-investors-add-bullish-force-to-market-survey-finds-51617893698?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151868345","content_text":"People who started investing in 2020 are different from those who began before then, and not just becausemany of the mare fond of GameStop stock. A survey commissioned by Charles Schwab and released on Thursday found that the demographics and attitude of new investors mark a sea change.\nFor one thing, they are much more bullish on the market than people who have been investing for years. Some of this is simply generational—younger people tend to have a higher risk tolerance. But the survey wasn’t limited by age. It included baby boomers and people in other cohorts who have just begun investing.\nThe survey of 1,000 new investors and 200 who started earlier was conducted by Logica Research and included clients of multiple brokerages.Schwab(SCHW) calls them Gen I, for Generation Investor. And they are already a force, making up about 15% of current investors, the survey estimates.\nIn 2020, more than 10 million new accounts were opened at U.S. brokerages—a record—and the momentum has continued in 2021. People who dove in near the bottom of the Covid-19 crisis in March made a smart move. The S&P 500 is up more than 80% since it hit bottom in March 2020.\nRetail traders have indeed become a much more substantial part of the market in the past year. They have shown that they can cause individual stocks—and sometimes indexes—to move based on their action. Other data shows the new group of investors have been more likely to pick individual stocks, going against recent trends in investing toward exchange-traded funds.\nThe survey found that 72% of Gen I is bullish on the U.S. stock market, versus 63% of those who started before. And 43% plan to invest more money this year, versus 20% of the prior cohort.\nGen I tends to have less money coming in, with 51% living paycheck to paycheck. They have an average income of $76,000, about $20,000 below established investors. And they were more likely to have suffered financially during the pandemic, with 39% experiencing damage versus 28% of established investors.\nThose statistics seem to bolster the narrative from Schwab’s rival Robinhood, which says that its commission-free services have allowed a new group of investors to enjoy market gains. Other brokers, including Schwab, also lowered commissions to zero in late 2019.\nThe concern about this new cohort is that they are too inexperienced to know how to hedge their risks. Those risks were one subject of congressional hearingsabout the GameStop frenzy that have been held over the past few weeks.\nBut the survey indicates that more new investors are starting to consider long-term plans. In 2020, 44% were focused on short-term gains and 56% were focused on long-term plans. In 2021, 28% want short-term success while 72% are thinking long-term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":159932115,"gmtCreate":1624934902137,"gmtModify":1633946782153,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/159932115","repostId":"2147551855","repostType":4,"repost":{"id":"2147551855","pubTimestamp":1624932924,"share":"https://www.laohu8.com/m/news/2147551855?lang=&edition=full","pubTime":"2021-06-29 10:15","market":"us","language":"en","title":"Nomura loses 20 investment bankers in Asia after bonus payouts","url":"https://stock-news.laohu8.com/highlight/detail?id=2147551855","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Nomura loses 20 investment bankers in Asia after bonus payouts</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; 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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\">\nNomura loses 20 investment bankers in Asia after bonus payouts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NMR":"野村控股"},"source_url":"http://www.straitstimes.com/business/banking/nomura-loses-20-investment-bankers-in-asia-after-bonus-payouts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147551855","content_text":"HONG KONG (BLOOMBERG) - Nomura Holdings lost about 20 mostly junior investment bankers in Asia after bonus payouts in May, adding to a stream of departures from Japan's biggest brokerage as financial firms vie for talent in the fast-expanding region.\nThe resignations, which all were outside of Japan, include the head of Greater China equity capital markets, Alexandra Tong, said people familiar with the matter. MS Tong confirmed her departure. A Hong Kong-based spokesman for Nomura declined to comment.\nGlobal banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings. At Nomura, the attrition was comparable to that in the previous years after bonus payouts, the people said. Still, the departures highlight the acute talent shortage in China and Hong Kong, where attrition rates this year of junior bankers has roughly doubled at some firms.\nNomura has also seen the departure of several prominent bankers in Asia over the past months, including the head of health care investment banking, Vijay Karwal, who became the chief financial officer for biopharmaceutical start-up AffaMed Therapeutics. Anshul Trivedi, head of Asia equity capital markets syndicate, left earlier this month.\nTo boost its ranks, the firm recently hired Li Gao as head of China financial sponsors in Hong Kong from JPMorgan Chase & Co, people familiar said. Sebastian Jones joined as an executive director for the technology, media and telecommunications sector in Singapore from Macquarie Group. Ashwin Narang was hired for the debt team in India.\nThe investment bank is reviewing candidates for the position left by Mr Karwal, and will have a new group of graduate hires starting in late July, the people said.\nInvestment banks are raising pay for junior employees and adding staff to prevent defections and ease discontent over long hours and work-life balance issues during the pandemic.\nHSBC, which is in a midst of a major pivot to Asia, in April promised a shorter career path for new associates, offering promotions after three years instead of four. It also pledged to boost pay. Switzerland's largest lender UBS Group has agreed to pay a US$40,000 (S$53,700) one-time bonus to its global banking analysts when they are promoted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124218399,"gmtCreate":1624766609811,"gmtModify":1633948863938,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124218399","repostId":"1121141266","repostType":4,"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128953061,"gmtCreate":1624499005753,"gmtModify":1634005235020,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"Tesla!","listText":"Tesla!","text":"Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128953061","repostId":"2145156570","repostType":4,"repost":{"id":"2145156570","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":1624489510,"share":"https://www.laohu8.com/m/news/2145156570?lang=&edition=full","pubTime":"2021-06-24 07:05","market":"us","language":"en","title":"Tesla lifts Nasdaq to record-high close, S&P 500 dips","url":"https://stock-news.laohu8.com/highlight/detail?id=2145156570","media":"Reuters","summary":"June 23  - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi","content":"<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla lifts Nasdaq to record-high close, S&P 500 dips</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla lifts Nasdaq to record-high close, S&P 500 dips\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\">2021-06-24 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145156570","content_text":"June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.\nGains in Nvidia Corp and Facebook Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.\nData firm IHS Markit said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.\nThe \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.\nOn Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.\nPowell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.\n\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.\nEight of the 11 major S&P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .\nTesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.\nExtending investors' recent preference for growth stocks, the S&P 500 growth index edged up 0.01%, while the value index dipped 0.24%.\nThe Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&P 500 lost 0.11% to 4,241.84.\nThe Nasdaq Composite climbed 0.13% to 14,271.73.\nThe S&P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.\nNikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.\nAmong so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while Torchlight Energy Resources Inc slumped 30%, tumbling for a second day after announcing an upsized stock offering.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.\nThe S&P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.\nVolume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123005951,"gmtCreate":1624402125173,"gmtModify":1634006811060,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123005951","repostId":"2145599620","repostType":4,"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348818767,"gmtCreate":1617907010759,"gmtModify":1634295842017,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"Long term is the way","listText":"Long term is the way","text":"Long term is the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348818767","repostId":"1101689800","repostType":4,"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348818155,"gmtCreate":1617906917977,"gmtModify":1634295842482,"author":{"id":"3576132871598457","authorId":"3576132871598457","name":"Kaesonlim","avatar":"https://static.tigerbbs.com/bbfbb39017d97aaac2eaa2f63304059a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576132871598457","authorIdStr":"3576132871598457"},"themes":[],"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348818155","repostId":"1151868345","repostType":4,"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}