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laurent_rio
2021-12-02
Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?
laurent_rio
2021-12-13
$Palantir Technologies Inc.(PLTR)$
again another tech stock trend go up,this one go down
laurent_rio
2021-10-20
very good to see
Wall Street ends higher as investors bet on positive earnings season
laurent_rio
2021-11-19
ICLN,PBW & TAN
House passes $1.75 trillion Biden plan that funds universal pre-K, Medicare expansion and renewable energy credits
laurent_rio
2021-11-23
$Palantir Technologies Inc.(PLTR)$
anyone have more lost than me ? lol
laurent_rio
2021-11-02
$Palantir Technologies Inc.(PLTR)$
should average up or buy more ?
laurent_rio
2021-12-02
$Palantir Technologies Inc.(PLTR)$
all other stock green but why this keep red
laurent_rio
2021-11-26
$Palantir Technologies Inc.(PLTR)$
18 today ?
laurent_rio
2021-12-14
$Palantir Technologies Inc.(PLTR)$
how to escape ?
laurent_rio
2021-11-18
$Palantir Technologies Inc.(PLTR)$
keep average down = catch falling knife for this stock ?
laurent_rio
2021-11-11
$Palantir Technologies Inc.(PLTR)$
feel cheated by this stock, 1 year never go up
laurent_rio
2021-11-10
is palantir considered meme stock ?
The Fed thinks meme stocks threaten the financial structure
laurent_rio
2021-11-05
$PARKWAYLIFE REIT(C2PU.SI)$
why suddenly go up ?
laurent_rio
2021-11-19
$Palantir Technologies Inc.(PLTR)$
next week will plunge to teen level
laurent_rio
2021-11-12
wow super long analysis
Tesla: $1 Trillion Of Speculation
laurent_rio
2021-11-10
$Palantir Technologies Inc.(PLTR)$
feel this stock only hype
laurent_rio
2021-12-30
wow like pls
Koufu Rises 15% on Privatisation News
laurent_rio
2021-11-22
$SINGTEL(Z74.SI)$
feel this stock trap up a bit and sink. Announce revenue double but dividend sink
laurent_rio
2021-11-22
$GENTING SINGAPORE LIMITED(G13.SI)$
still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back
laurent_rio
2021-11-13
$Palantir Technologies Inc.(PLTR)$
US stock mostly green except this stock.
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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>Koufu Rises 15% on Privatisation News</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\">\nKoufu Rises 15% on Privatisation News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 10:26 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heavy trading,after its founding shareholders made a S$0.77 per share cash offer to privatise the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news\">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.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158401825","content_text":"SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heavy trading,after its founding shareholders made a S$0.77 per share cash offer to privatise the company.The counter last closed at S$0.665 on Tuesday, before the group halted trading of its shares on Wednesday morning.Shortly after resuming trading on Thursday, the counter jumped as much as 15 per cent or S$0.10 to reach a 1-year high of S$0.765 as at 9.12 am, with 0.9 million shares changing hands. It later eased to trade at S$0.76 as at 9.45 am, up S$0.095 or 14.3 per cent.No married deals were recorded in early trade, according to ShareInvestor data.The offer values Koufu at S$425.8 million, which is 15 times the operator's pre-pandemic FY2019 earnings and 43 times its FY2020 earnings.The offeror - Dominus Capital - is an investment company incorporated on Oct 7 by Koufu's executive chairman and chief executive Pang Lim and executive director Ng Hoon Tien, the group said in a bourse filing.The husband-wife duo has a deemed interest in 77.41 per cent of Koufu's shares - through Jun Yuan Holdings - which has given an irrevocable undertaking to accept the offer. As at Wednesday, there are about 553 million issued Koufu shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691493101,"gmtCreate":1640225830061,"gmtModify":1640225884767,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"even if go up, govt will bring it down","listText":"even if go up, govt will bring it down","text":"even if go up, govt will bring it down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691493101","repostId":"1173043963","repostType":4,"repost":{"id":"1173043963","pubTimestamp":1640225262,"share":"https://www.laohu8.com/m/news/1173043963?lang=&edition=full","pubTime":"2021-12-23 10:07","market":"us","language":"en","title":"Why Nio Shares Dropped Again Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1173043963","media":"Motley Fool","summary":"Chinese electric vehicle maker Nioheld its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month. Today, shares dropped 1.03% and continued to slide 1.34% in extended hours.Nio hasn't put out any company-specific news today, but it introduced its new ET5 electric sedan last weekend, which it hopes will compete with Te","content":"<p>What happened</p>\n<p>Chinese electric vehicle (EV) maker <b>Nio</b>(NYSE:NIO)held its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month. Today, shares dropped 1.03% and continued to slide 1.34% in extended hours. </p>\n<p>So what</p>\n<p>Nio hasn't put out any company-specific news today, but it introduced its new ET5 electric sedan last weekend, which it hopes will compete with <b>Tesla</b>'s(NASDAQ:TSLA)Model 3. WithTesla CEO Elon Musk making news again today, it may be that investors are shunning Nio shares for Tesla stock. But Nio has more than just the ET5 in its plans to expand from here.</p>\n<p>Now what</p>\n<p>Nio has increased its electric car deliveries by 120.4% through November 2021 versus the comparable year-ago period. But the best may still be yet to come. In addition to its new luxury ET7 sedan that will begin shipping in March 2022, the new ET5 is also expected to start deliveries in September 2022.</p>\n<p>The ET5 will be available with Nio's largest battery that will provide a range of up to about 620 miles on a single charge. And Nio CEO William Li told local media that the ET5, which was officially unveiled Saturday, has already become the most pre-ordered Nio model ever. That is according to CnEVPost, an industry news service focused on the Chinese EV sector.</p>\n<p>Nio also plans to move beyond China in 2022. It already sells its vehicles in Norway and expects to be doing business in Germany, the Netherlands, Sweden, and Denmark in 2022. The company says it will have a presence in over 25 countries by 2025. While investors have been driving shares lower recently, the company hopes its future growth and expansion efforts will eventually reverse that trend.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Shares Dropped Again Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Shares Dropped Again Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-23 10:07 GMT+8 <a href=https://www.fool.com/investing/2021/12/22/why-nio-shares-dropped-again-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nChinese electric vehicle (EV) maker Nio(NYSE:NIO)held its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/22/why-nio-shares-dropped-again-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/12/22/why-nio-shares-dropped-again-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173043963","content_text":"What happened\nChinese electric vehicle (EV) maker Nio(NYSE:NIO)held its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month. Today, shares dropped 1.03% and continued to slide 1.34% in extended hours. \nSo what\nNio hasn't put out any company-specific news today, but it introduced its new ET5 electric sedan last weekend, which it hopes will compete with Tesla's(NASDAQ:TSLA)Model 3. WithTesla CEO Elon Musk making news again today, it may be that investors are shunning Nio shares for Tesla stock. But Nio has more than just the ET5 in its plans to expand from here.\nNow what\nNio has increased its electric car deliveries by 120.4% through November 2021 versus the comparable year-ago period. But the best may still be yet to come. In addition to its new luxury ET7 sedan that will begin shipping in March 2022, the new ET5 is also expected to start deliveries in September 2022.\nThe ET5 will be available with Nio's largest battery that will provide a range of up to about 620 miles on a single charge. And Nio CEO William Li told local media that the ET5, which was officially unveiled Saturday, has already become the most pre-ordered Nio model ever. That is according to CnEVPost, an industry news service focused on the Chinese EV sector.\nNio also plans to move beyond China in 2022. It already sells its vehicles in Norway and expects to be doing business in Germany, the Netherlands, Sweden, and Denmark in 2022. The company says it will have a presence in over 25 countries by 2025. While investors have been driving shares lower recently, the company hopes its future growth and expansion efforts will eventually reverse that trend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691897150,"gmtCreate":1640160726994,"gmtModify":1640160727187,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"like please","listText":"like please","text":"like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691897150","repostId":"1123940793","repostType":4,"repost":{"id":"1123940793","pubTimestamp":1640153635,"share":"https://www.laohu8.com/m/news/1123940793?lang=&edition=full","pubTime":"2021-12-22 14:13","market":"us","language":"en","title":"Is Rivian Stock A Buy, Sell, Or Hold?","url":"https://stock-news.laohu8.com/highlight/detail?id=1123940793","media":"Seeking Alpha","summary":"Summary\n\nRivian stock has dropped more than 25% since our last Neutral call.\nThe company reported a ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Rivian stock has dropped more than 25% since our last Neutral call.</li>\n <li>The company reported a slight production target miss in its FQ3 earnings call. However, we don't think investors should be overly worried.</li>\n <li>We discuss why we think RIVN stock is a Buy now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69bdd77748b1c27c695aff2846bb30c6\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Michael M. Santiago/Getty Images News</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Rivian Automotive, Inc. (RIVN) recently released its first earnings reports for FQ3'21 as a public company. Notably, the company missed its 1,200 vehicle production target by \"a few hundred vehicles.\" However, we weren't surprised, given the current supply chain bottlenecks and the challenges in ramping production. Moreover, we don't think investors should be unduly concerned about its short-term production goal. Management was clear as it emphasized that its long-term production targets remain unaffected.</p>\n<p>Nevertheless, we believe that ramping production successfully will continue to be a key hurdle facing CEO RJ Scaringe & Co. Investors sent the stock tumbling after its earnings report, which we believe the market took the opportunity to pare down risk. After all, RIVN stock had traded at an incredible market cap of $112.8B when we wrote our previous article. Following the recent sell-off, Rivian's market cap has dropped to $88B. Therefore, we believe it's an appropriate time to revisit our thesis on RIVN stock post-FQ3 earnings.</p>\n<p>We also discuss why we think the stock seems fairly valued now.</p>\n<p><b>Rivian Market Cap Trend</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a528b02874c529215e0428c40adc5ad1\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>RIVN market cap analysis (as of 17 December'21).</span></p>\n<p>Readers can quickly glean that Rivian's market cap has dropped dramatically back to where it started life as a public company. It last registered a market cap of $88B, while it began trading with a market cap of $83.6B in early November.</p>\n<p>Nevertheless, Rivian's market cap still exceeded Ford (F) and General Motors (GM) market cap even as it just started making deliveries in September. Some investors find it incredulous that a company that hasn't even ramped production could be worth more than both the US auto leaders.</p>\n<p><b>Why We Think Rivian Investors Remain Optimistic Post-FQ3</b></p>\n<p>Rivian's report card wasn't a disaster, even if the company missed its production guidance for 2021. CEO RJ Scaringe offered assurances as he emphasized (edited):</p>\n<blockquote>\n For 2021, \n <i>we expect to produce a few hundred vehicles short of our initial 1,200 vehicle production target</i>. We do not believe any of our supply chain challenges represent long-term systemic issues. We remain well-positioned to capture and drive the accelerated large-scale adoption of sustainable transportation. However, a small number of suppliers or small number of components may be ramping a little slower, creating constraints or bottlenecks. Those challenges have been really a focal point for us over the last two and a half, three months. \n <i>But, these issues are short-term in nature and they are solvable problems</i>. So, we don't see any long-term systemic challenges associated with ramping the supply chain. (Rivian's FQ3'21 earnings call)\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ec61d947f0a1da5f4d5883a8941a7d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Rivian planned production capacity and delivery consensus estimates. Data source: S&P Capital IQ, Barron's</span></p>\n<p>Rivian telegraphed that it would be commencing its new Georgia production facility in mid'22 and ready to begin production from 2024. Georgia's planned annual run rate is estimated at 400K. Therefore, it would afford Rivian a collective annual production capacity of 600K if we include its Illinois facility. Nevertheless, the company did not specify how long it would take to ramp production to its planned capacity. However, consensus estimates point to a relatively positive ramp through FY25. As a result, Rivian is estimated to deliver about 40K of vehicles in FY22. However, it would reach the 360K milestone by FY25, registering an estimated delivery CAGR of 108%. Its 360K estimate includes the 100K EDV orders from its exclusive last-mile delivery partner and cornerstone investor Amazon (AMZN).</p>\n<p>There's little doubt that the delivery cadence estimates look very aggressive. But, if done well, it's also not impossible. Keen investors should recall that Tesla (TSLA) took just two years to ramp Giga Shanghai from zero to its current 600K annual run rate. It has even recently made new investments to enhance its production capacity further. Rivian also seems highly confident that they can ramp successfully, as CEO RJ Scaringe emphasized (edited):</p>\n<blockquote>\n We've architected the product development to be capable of running more than one program and launching more than one program at once, but also to have those fast feedback loops between the different programs. So with that, the commercial van has actually learned a lot from the R1 platform and the R1 platform launch. What you see in terms of the facility in Georgia, is key for us from an expansion point of view. We're quite confident in the path ahead. All three of our vehicles have been certified for sale and they're being produced on two different production lines. \n <i>The organization was architected to facilitate running and operating multiple programs at the same time</i>. And so as we now look at what the ramp will look like for both R1T and R1S into next year, it really positions us to rapidly grow through the course of 2022. (Rivian's FQ3'21 earnings call)\n</blockquote>\n<p>While it's still early, Rivian investors are undoubtedly confident that the company can deliver on its production cadence to meet its delivery milestones. The company is not facing a demand issue compared to short-term supply constraints. They updated that R1 orders have climbed to 71K from 55K in the previous update. Nevertheless, these are cancelable orders, as their delivery timeline has been stretched to 2023 if a new order is placed now. Given that auto leaders General Motors, Ford, and Tesla will also be expected to compete with their pickup trucks soon, Rivian must maintain its production cadence. Therefore, we encourage investors to monitor their production milestones very carefully moving ahead.</p>\n<p><b>Investors Must Carefully Monitor Amazon's EDV Range</b></p>\n<p>The partnership with Amazon is critical to jumpstarting Rivian's ambitions into the commercial fleet segment. Not only does it offer the opportunity of massive fleet sales, but it also sells its fleet management subscriptions as part of its commercial sales. Consequently, it introduces a recurring software revenue stream component on top of its hardware revenue. It also applies to the Amazon fleet, as Rivian accentuated: \"That software subscription goes live basically now on the commercial side.\"</p>\n<p>Rivian is expected to deliver 10K EDV by 2022 following \"months of testing in 15 cities.\" Investors should remember that Amazon retains the right to change its number of orders. Therefore it's critical that Rivian can meet Amazon's expectations. We believe it has also driven Rivian to ramp production quickly. Given how quickly they secured their second production facility, we believe that the company seems confident in meeting its production targets, and consequently, Amazon's orders.</p>\n<p>Rivian emphasized that its EDV is capable of 201 miles range, and it is on track to deliver its vehicles to Amazon. However, a previous report by The Information highlighted some challenges in Amazon's testing, on top of its battery draining problem. The Information reported (edited):</p>\n<blockquote>\n Rivian said the Amazon vans would have a range of between 120 miles and 150 miles depending on their size. But one driver involved in testing the vans said the range could be much less, depending on the weather. The driver who spoke to The Information said the battery drained about 40% faster than normal if the van’s heating or cooling was on. As a result, drivers have been testing the vans on what they dubbed “nursery routes,” where vans didn’t venture too far away from the contractors’ headquarters. (The Information)\n</blockquote>\n<p>Nevertheless, Amazon's director of Global Fleets and Products, Ross Rachey, noted that once the vans are in production, \"they would have a range of 150 miles, which is double the range of the majority of Amazon's routes.\" Notably, the company also quickly emphasized that these test vans are not fully developed yet.</p>\n<p>We believe a successful launch program with Amazon could open up many potential opportunities outside of the Last Mile segment. Investors should note that Amazon's exclusive partnership with Rivian is limited to Last Mile. But, the commercial space is much larger than the Last Mile segment. Rivian also raved about its market opportunities in the larger commercial space, as Scaringe added (edited):</p>\n<blockquote>\n <i>Amazon represents such a large pool of demand for us.</i>So it's really critical that we do not starve them of vehicles. Nevertheless, the RCV platform was architected and designed \n <i>fully contemplating vehicles beyond Last Mile, such as in the cargo space</i>, or in the workspace. So there's a whole host of opportunities that exists both in large volumes, but also across a very long spread-out tail of commercial applications. Thus, we also have an eye on launching non-EDV versions on the RCV platform to capitalize on these opportunities. (Rivian's FQ3'21 earnings call)\n</blockquote>\n<p><b>So, is RIVN Stock a Buy/Hold/Sell Now?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/264dc3dc91fc844d920e73a7f69cf920\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Rivian revenue and adjusted EBIT margins mean consensus estimates. Data source: S&P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1069e7fc16920da396615f6df6ff5951\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>RIVN and TSLA stock EV/Fwd Revenue valuation comps. Data source: S&P Capital IQ</span></p>\n<p>Consensus estimates point to a largely successful ramp, as we explained earlier. As a result, Rivian's revenue is estimated to reach $27.84B by FY25. However, the company is not expected to be profitable based on adjusted EBIT margins by then. Therefore, investors are encouraged to monitor its production ramp and profitability dynamics moving forward carefully.</p>\n<p>Nevertheless, its valuations have dropped significantly since its earlier momentum spike. The stock has declined more than 25% since our Neutral call, as we encouraged investors to wait for the dip.</p>\n<p>If we consider Rivian's valuations against Tesla moving forward, it may seem more reasonable than the EV leader. However, investors should note that Tesla is already a solidly profitable EV maker. It also has proven its production ramp capabilities exceptionally well. Moreover, its brand value has also increased tremendously globally. Therefore, comparing their revenue multiples directly without adjusting for Tesla's advantages would not make sense.</p>\n<p>Based on Rivian stock's EV/FY25 revenue multiple of 3.4x, it's trading at 50% of Tesla's FY25 revenue multiple. Therefore, we think RIVN stock looks fairly valued now. Nevertheless, we believe that RIVN stock remains a highly speculative play. However, the company seems to be getting well on track to meet its mid-term production guidance. Therefore, the current weakness could offer speculative investors a potential opportunity to add exposure at a more reasonable valuation.</p>\n<p>Consequently,<i>we revise our rating on RIVN stock to Buy.</i>However, we would like to caution that RIVN stock may be suitable for speculative investors only. Moreover, the stock could continue to exhibit tremendous volatility. Therefore, investors are encouraged to add in phases.</p>\n<p>This article was written by JR Research.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Rivian Stock A Buy, Sell, Or Hold?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Rivian Stock A Buy, Sell, Or Hold?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 14:13 GMT+8 <a href=https://seekingalpha.com/article/4476199-rivian-stock-buy-sell-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nRivian stock has dropped more than 25% since our last Neutral call.\nThe company reported a slight production target miss in its FQ3 earnings call. However, we don't think investors should be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4476199-rivian-stock-buy-sell-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://seekingalpha.com/article/4476199-rivian-stock-buy-sell-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123940793","content_text":"Summary\n\nRivian stock has dropped more than 25% since our last Neutral call.\nThe company reported a slight production target miss in its FQ3 earnings call. However, we don't think investors should be overly worried.\nWe discuss why we think RIVN stock is a Buy now.\n\nMichael M. Santiago/Getty Images News\nInvestment Thesis\nRivian Automotive, Inc. (RIVN) recently released its first earnings reports for FQ3'21 as a public company. Notably, the company missed its 1,200 vehicle production target by \"a few hundred vehicles.\" However, we weren't surprised, given the current supply chain bottlenecks and the challenges in ramping production. Moreover, we don't think investors should be unduly concerned about its short-term production goal. Management was clear as it emphasized that its long-term production targets remain unaffected.\nNevertheless, we believe that ramping production successfully will continue to be a key hurdle facing CEO RJ Scaringe & Co. Investors sent the stock tumbling after its earnings report, which we believe the market took the opportunity to pare down risk. After all, RIVN stock had traded at an incredible market cap of $112.8B when we wrote our previous article. Following the recent sell-off, Rivian's market cap has dropped to $88B. Therefore, we believe it's an appropriate time to revisit our thesis on RIVN stock post-FQ3 earnings.\nWe also discuss why we think the stock seems fairly valued now.\nRivian Market Cap Trend\nRIVN market cap analysis (as of 17 December'21).\nReaders can quickly glean that Rivian's market cap has dropped dramatically back to where it started life as a public company. It last registered a market cap of $88B, while it began trading with a market cap of $83.6B in early November.\nNevertheless, Rivian's market cap still exceeded Ford (F) and General Motors (GM) market cap even as it just started making deliveries in September. Some investors find it incredulous that a company that hasn't even ramped production could be worth more than both the US auto leaders.\nWhy We Think Rivian Investors Remain Optimistic Post-FQ3\nRivian's report card wasn't a disaster, even if the company missed its production guidance for 2021. CEO RJ Scaringe offered assurances as he emphasized (edited):\n\n For 2021, \n we expect to produce a few hundred vehicles short of our initial 1,200 vehicle production target. We do not believe any of our supply chain challenges represent long-term systemic issues. We remain well-positioned to capture and drive the accelerated large-scale adoption of sustainable transportation. However, a small number of suppliers or small number of components may be ramping a little slower, creating constraints or bottlenecks. Those challenges have been really a focal point for us over the last two and a half, three months. \n But, these issues are short-term in nature and they are solvable problems. So, we don't see any long-term systemic challenges associated with ramping the supply chain. (Rivian's FQ3'21 earnings call)\n\nRivian planned production capacity and delivery consensus estimates. Data source: S&P Capital IQ, Barron's\nRivian telegraphed that it would be commencing its new Georgia production facility in mid'22 and ready to begin production from 2024. Georgia's planned annual run rate is estimated at 400K. Therefore, it would afford Rivian a collective annual production capacity of 600K if we include its Illinois facility. Nevertheless, the company did not specify how long it would take to ramp production to its planned capacity. However, consensus estimates point to a relatively positive ramp through FY25. As a result, Rivian is estimated to deliver about 40K of vehicles in FY22. However, it would reach the 360K milestone by FY25, registering an estimated delivery CAGR of 108%. Its 360K estimate includes the 100K EDV orders from its exclusive last-mile delivery partner and cornerstone investor Amazon (AMZN).\nThere's little doubt that the delivery cadence estimates look very aggressive. But, if done well, it's also not impossible. Keen investors should recall that Tesla (TSLA) took just two years to ramp Giga Shanghai from zero to its current 600K annual run rate. It has even recently made new investments to enhance its production capacity further. Rivian also seems highly confident that they can ramp successfully, as CEO RJ Scaringe emphasized (edited):\n\n We've architected the product development to be capable of running more than one program and launching more than one program at once, but also to have those fast feedback loops between the different programs. So with that, the commercial van has actually learned a lot from the R1 platform and the R1 platform launch. What you see in terms of the facility in Georgia, is key for us from an expansion point of view. We're quite confident in the path ahead. All three of our vehicles have been certified for sale and they're being produced on two different production lines. \n The organization was architected to facilitate running and operating multiple programs at the same time. And so as we now look at what the ramp will look like for both R1T and R1S into next year, it really positions us to rapidly grow through the course of 2022. (Rivian's FQ3'21 earnings call)\n\nWhile it's still early, Rivian investors are undoubtedly confident that the company can deliver on its production cadence to meet its delivery milestones. The company is not facing a demand issue compared to short-term supply constraints. They updated that R1 orders have climbed to 71K from 55K in the previous update. Nevertheless, these are cancelable orders, as their delivery timeline has been stretched to 2023 if a new order is placed now. Given that auto leaders General Motors, Ford, and Tesla will also be expected to compete with their pickup trucks soon, Rivian must maintain its production cadence. Therefore, we encourage investors to monitor their production milestones very carefully moving ahead.\nInvestors Must Carefully Monitor Amazon's EDV Range\nThe partnership with Amazon is critical to jumpstarting Rivian's ambitions into the commercial fleet segment. Not only does it offer the opportunity of massive fleet sales, but it also sells its fleet management subscriptions as part of its commercial sales. Consequently, it introduces a recurring software revenue stream component on top of its hardware revenue. It also applies to the Amazon fleet, as Rivian accentuated: \"That software subscription goes live basically now on the commercial side.\"\nRivian is expected to deliver 10K EDV by 2022 following \"months of testing in 15 cities.\" Investors should remember that Amazon retains the right to change its number of orders. Therefore it's critical that Rivian can meet Amazon's expectations. We believe it has also driven Rivian to ramp production quickly. Given how quickly they secured their second production facility, we believe that the company seems confident in meeting its production targets, and consequently, Amazon's orders.\nRivian emphasized that its EDV is capable of 201 miles range, and it is on track to deliver its vehicles to Amazon. However, a previous report by The Information highlighted some challenges in Amazon's testing, on top of its battery draining problem. The Information reported (edited):\n\n Rivian said the Amazon vans would have a range of between 120 miles and 150 miles depending on their size. But one driver involved in testing the vans said the range could be much less, depending on the weather. The driver who spoke to The Information said the battery drained about 40% faster than normal if the van’s heating or cooling was on. As a result, drivers have been testing the vans on what they dubbed “nursery routes,” where vans didn’t venture too far away from the contractors’ headquarters. (The Information)\n\nNevertheless, Amazon's director of Global Fleets and Products, Ross Rachey, noted that once the vans are in production, \"they would have a range of 150 miles, which is double the range of the majority of Amazon's routes.\" Notably, the company also quickly emphasized that these test vans are not fully developed yet.\nWe believe a successful launch program with Amazon could open up many potential opportunities outside of the Last Mile segment. Investors should note that Amazon's exclusive partnership with Rivian is limited to Last Mile. But, the commercial space is much larger than the Last Mile segment. Rivian also raved about its market opportunities in the larger commercial space, as Scaringe added (edited):\n\nAmazon represents such a large pool of demand for us.So it's really critical that we do not starve them of vehicles. Nevertheless, the RCV platform was architected and designed \n fully contemplating vehicles beyond Last Mile, such as in the cargo space, or in the workspace. So there's a whole host of opportunities that exists both in large volumes, but also across a very long spread-out tail of commercial applications. Thus, we also have an eye on launching non-EDV versions on the RCV platform to capitalize on these opportunities. (Rivian's FQ3'21 earnings call)\n\nSo, is RIVN Stock a Buy/Hold/Sell Now?\nRivian revenue and adjusted EBIT margins mean consensus estimates. Data source: S&P Capital IQ\nRIVN and TSLA stock EV/Fwd Revenue valuation comps. Data source: S&P Capital IQ\nConsensus estimates point to a largely successful ramp, as we explained earlier. As a result, Rivian's revenue is estimated to reach $27.84B by FY25. However, the company is not expected to be profitable based on adjusted EBIT margins by then. Therefore, investors are encouraged to monitor its production ramp and profitability dynamics moving forward carefully.\nNevertheless, its valuations have dropped significantly since its earlier momentum spike. The stock has declined more than 25% since our Neutral call, as we encouraged investors to wait for the dip.\nIf we consider Rivian's valuations against Tesla moving forward, it may seem more reasonable than the EV leader. However, investors should note that Tesla is already a solidly profitable EV maker. It also has proven its production ramp capabilities exceptionally well. Moreover, its brand value has also increased tremendously globally. Therefore, comparing their revenue multiples directly without adjusting for Tesla's advantages would not make sense.\nBased on Rivian stock's EV/FY25 revenue multiple of 3.4x, it's trading at 50% of Tesla's FY25 revenue multiple. Therefore, we think RIVN stock looks fairly valued now. Nevertheless, we believe that RIVN stock remains a highly speculative play. However, the company seems to be getting well on track to meet its mid-term production guidance. Therefore, the current weakness could offer speculative investors a potential opportunity to add exposure at a more reasonable valuation.\nConsequently,we revise our rating on RIVN stock to Buy.However, we would like to caution that RIVN stock may be suitable for speculative investors only. Moreover, the stock could continue to exhibit tremendous volatility. Therefore, investors are encouraged to add in phases.\nThis article was written by JR Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693527990,"gmtCreate":1640051925461,"gmtModify":1640054322684,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>the stock that keep sinking","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>the stock that keep sinking","text":"$SINGTEL(Z74.SI)$the stock that keep sinking","images":[{"img":"https://static.tigerbbs.com/d60c0100428d7ab71c5f40bdc06ab497","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693527990","isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":690976531,"gmtCreate":1639627153237,"gmtModify":1639627153468,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"yes and remind me not buy FOMO stock anymore","listText":"yes and remind me not buy FOMO stock anymore","text":"yes and remind me not buy FOMO stock anymore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690976531","repostId":"1143795954","repostType":2,"repost":{"id":"1143795954","pubTimestamp":1639613655,"share":"https://www.laohu8.com/m/news/1143795954?lang=&edition=full","pubTime":"2021-12-16 08:14","market":"us","language":"en","title":"Palantir: A Value Trap","url":"https://stock-news.laohu8.com/highlight/detail?id=1143795954","media":"seekingalpha","summary":"Summary\n\nPalantir is an overvalued government contractor.\nThe business has no intrinsic scale value.","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir is an overvalued government contractor.</li>\n <li>The business has no intrinsic scale value.</li>\n <li>Palantir’s revenue growth, estimated at 40% this year, is still grossly overvalued.</li>\n</ul>\n<p></p>\n<p></p>\n<p>Palantir (NYSE:PLTR), a software company, has seen its share price fall significantly recently as investors exited high-growth, high-multiple stocks. At 24 times sales, I believe PLTR stock is still significantly overvalued, and investors should brace themselves for new lows.</p>\n<p></p>\n<p><b>A Government Consulting Business With Three Major Issues</b></p>\n<p>Someone needs to explain to me what all the fuss is about with the big data analytics company Palantir. Palantir is frequently lauded for its software capabilities, which provide customers with data intelligence insights that, ostensibly, improve managerial decision making, but I do not see Palantir as what everyone else does: a unique platform business cashing in on the big data market.</p>\n<p></p>\n<p>Palantir is best known for its various \"foundries.\" Palantir's foundries are data management and aggregation systems that assist institutions in efficiently centralizing and storing data. As businesses and government agencies collect more data, the complexities grow rapidly, necessitating the use of software solutions. Palantir is collaborating with businesses and governments to reduce complexity and make use of large data volumes for algorithmic predictions. Palantir has had some success with this type of business, if success is defined solely by sales growth. For example, Palantir's 3Q21 revenue increased by 36% YoY to $392 million. Palantir's main source of revenue, government revenues, increased by 34% YoY, while commercial revenues, which include all of Palantir's business activities outside of government, increased by 37% YoY.</p>\n<p></p>\n<p>Revenue growth, on the other hand, is not a concern for Palantir. Palantir's problems are much deeper, and there is clearly more than one issue here.</p>\n<p></p>\n<p>The first issue with Palantir is that, while the company's sales are increasing at a healthy clip, this is not translating into profits for shareholders. Palantir's revenue increased by 44% to $1.11 billion in the first three quarters of 2021. The sales forecast for 2021 calls for up to a 40% increase in sales. That's a good start, but what about profits?</p>\n<p></p>\n<p>Despite a 44% increase in revenue in 2021, Palantir's profit picture appears to be dire. The company lost $364 million in 2021 alone, and the year isn't even over yet. The total loss for the year could exceed $400 million. Not bad for a company that has been in operation for nearly 20 years and \"grows revenues at a 40% annual rate,\" right? Profits after nearly two decades of operation appear to be too high a bar for Palantir to clear.</p>\n<p></p>\n<p>The second major issue for Palantir, despite its big data allure, is its lack of scalability. Contrary to popular belief, Palantir is little more than a well-paid government consultant whose consulting business is not scalable in any way, shape, or form. Palantir also does not operate a \"platform business\" in the same way that Metaverse (NASDAQ:FB) or Netflix (NASDAQ:NFLX) do. For example, Metaverse collects customer data through a single platform, the Facebook platform. Netflix scales its moving streaming platform, which can add new customers at near-zero marginal costs. Palantir requires personnel to work with each individual client, coach them, and explain platform features. This is not a sustainable business model. It is a software-based consulting business model.</p>\n<p></p>\n<p>The third issue with Palantir, aside from its inability to operate profitably after two decades and its business model's lack of inherent scalability, is that profits made in Palantir's business are siphoned off by insiders who are compensated royally through stock packages at the expense of shareholders. Palantir has increased the number of shares by 12% in one year, and it now has more than 2 billion shares outstanding. As a result, business profits are primarily distributed to highly compensated insiders, rather than to the company's shareholders.</p>\n<p></p>\n<p><b>A Fantasy Valuation</b></p>\n<p>Let's be clear about what we're talking about. We are dealing with a company that is growing its sales by 30-40% per year, which means Palantir will have revenues in the $1.5 billion range by 2021. Give or take fifty million dollars. It is the same company that has a misunderstood \"platform business model,\" no profits after twenty years of operations, and prioritizes insider stock compensation over shareholder dilution in recent years. They are likely to see further dilution in the coming years.</p>\n<p></p>\n<p>Nonetheless, this company continues to trade at a sales multiple of twenty-four. This means that an investor pays 24 times the expected sales amount for the opportunity to invest in Palantir's loss-making \"big data prediction\" business. Palantir remains outrageously overvalued, despite a significant correction since November.</p>\n<p></p>\n<p></p>\n<p><b>My Conclusion</b></p>\n<p>I'd say the valuation is a joke or a calculation error if I didn't know any better. However, this does not appear to be the case. Apparently, a sizable portion of the investor population believes that Palantir, despite its lack of profits and excessive dilution, is worth 24 times sales. In normal circumstances, 24 times earnings would be excessive. Palantir's business has no scale, which calls into question the company's positioning as a growth stock. Palantir is expected to fall further as investors begin to exit high-multiple stocks. PLTR is nothing more than a value trap, nothing less.</p>","source":"lsy1638401102509","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>Palantir: A Value Trap</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\">\nPalantir: A Value Trap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 08:14 GMT+8 <a href=https://seekingalpha.com/article/4475365-palantir-a-value-trap><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir is an overvalued government contractor.\nThe business has no intrinsic scale value.\nPalantir’s revenue growth, estimated at 40% this year, is still grossly overvalued.\n\n\n\nPalantir (...</p>\n\n<a href=\"https://seekingalpha.com/article/4475365-palantir-a-value-trap\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4475365-palantir-a-value-trap","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143795954","content_text":"Summary\n\nPalantir is an overvalued government contractor.\nThe business has no intrinsic scale value.\nPalantir’s revenue growth, estimated at 40% this year, is still grossly overvalued.\n\n\n\nPalantir (NYSE:PLTR), a software company, has seen its share price fall significantly recently as investors exited high-growth, high-multiple stocks. At 24 times sales, I believe PLTR stock is still significantly overvalued, and investors should brace themselves for new lows.\n\nA Government Consulting Business With Three Major Issues\nSomeone needs to explain to me what all the fuss is about with the big data analytics company Palantir. Palantir is frequently lauded for its software capabilities, which provide customers with data intelligence insights that, ostensibly, improve managerial decision making, but I do not see Palantir as what everyone else does: a unique platform business cashing in on the big data market.\n\nPalantir is best known for its various \"foundries.\" Palantir's foundries are data management and aggregation systems that assist institutions in efficiently centralizing and storing data. As businesses and government agencies collect more data, the complexities grow rapidly, necessitating the use of software solutions. Palantir is collaborating with businesses and governments to reduce complexity and make use of large data volumes for algorithmic predictions. Palantir has had some success with this type of business, if success is defined solely by sales growth. For example, Palantir's 3Q21 revenue increased by 36% YoY to $392 million. Palantir's main source of revenue, government revenues, increased by 34% YoY, while commercial revenues, which include all of Palantir's business activities outside of government, increased by 37% YoY.\n\nRevenue growth, on the other hand, is not a concern for Palantir. Palantir's problems are much deeper, and there is clearly more than one issue here.\n\nThe first issue with Palantir is that, while the company's sales are increasing at a healthy clip, this is not translating into profits for shareholders. Palantir's revenue increased by 44% to $1.11 billion in the first three quarters of 2021. The sales forecast for 2021 calls for up to a 40% increase in sales. That's a good start, but what about profits?\n\nDespite a 44% increase in revenue in 2021, Palantir's profit picture appears to be dire. The company lost $364 million in 2021 alone, and the year isn't even over yet. The total loss for the year could exceed $400 million. Not bad for a company that has been in operation for nearly 20 years and \"grows revenues at a 40% annual rate,\" right? Profits after nearly two decades of operation appear to be too high a bar for Palantir to clear.\n\nThe second major issue for Palantir, despite its big data allure, is its lack of scalability. Contrary to popular belief, Palantir is little more than a well-paid government consultant whose consulting business is not scalable in any way, shape, or form. Palantir also does not operate a \"platform business\" in the same way that Metaverse (NASDAQ:FB) or Netflix (NASDAQ:NFLX) do. For example, Metaverse collects customer data through a single platform, the Facebook platform. Netflix scales its moving streaming platform, which can add new customers at near-zero marginal costs. Palantir requires personnel to work with each individual client, coach them, and explain platform features. This is not a sustainable business model. It is a software-based consulting business model.\n\nThe third issue with Palantir, aside from its inability to operate profitably after two decades and its business model's lack of inherent scalability, is that profits made in Palantir's business are siphoned off by insiders who are compensated royally through stock packages at the expense of shareholders. Palantir has increased the number of shares by 12% in one year, and it now has more than 2 billion shares outstanding. As a result, business profits are primarily distributed to highly compensated insiders, rather than to the company's shareholders.\n\nA Fantasy Valuation\nLet's be clear about what we're talking about. We are dealing with a company that is growing its sales by 30-40% per year, which means Palantir will have revenues in the $1.5 billion range by 2021. Give or take fifty million dollars. It is the same company that has a misunderstood \"platform business model,\" no profits after twenty years of operations, and prioritizes insider stock compensation over shareholder dilution in recent years. They are likely to see further dilution in the coming years.\n\nNonetheless, this company continues to trade at a sales multiple of twenty-four. This means that an investor pays 24 times the expected sales amount for the opportunity to invest in Palantir's loss-making \"big data prediction\" business. Palantir remains outrageously overvalued, despite a significant correction since November.\n\n\nMy Conclusion\nI'd say the valuation is a joke or a calculation error if I didn't know any better. However, this does not appear to be the case. Apparently, a sizable portion of the investor population believes that Palantir, despite its lack of profits and excessive dilution, is worth 24 times sales. In normal circumstances, 24 times earnings would be excessive. Palantir's business has no scale, which calls into question the company's positioning as a growth stock. Palantir is expected to fall further as investors begin to exit high-multiple stocks. PLTR is nothing more than a value trap, nothing less.","news_type":1},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607191759,"gmtCreate":1639495036014,"gmtModify":1639495036206,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>how to escape ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>how to escape ?","text":"$Palantir Technologies Inc.(PLTR)$how to escape ?","images":[{"img":"https://static.tigerbbs.com/6d2cf46a767174f417cde020b14b1e6e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/607191759","isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":604259814,"gmtCreate":1639406110905,"gmtModify":1639406197533,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>again another tech stock trend go up,this one go down","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>again another tech stock trend go up,this one go down","text":"$Palantir Technologies Inc.(PLTR)$again another tech stock trend go up,this one go down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604259814","isVote":1,"tweetType":1,"viewCount":972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606084168,"gmtCreate":1638801674260,"gmtModify":1638801674481,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>tonight will break <18","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>tonight will break <18","text":"$Palantir Technologies Inc.(PLTR)$tonight will break <18","images":[{"img":"https://static.tigerbbs.com/08fdda3eb0e454394a9c1864e7e33d74","width":"1080","height":"3402"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606084168","isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603724809,"gmtCreate":1638455317377,"gmtModify":1638455317504,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","listText":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","text":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","images":[{"img":"https://static.tigerbbs.com/e0633e38308478735ea9fec37b419785","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/603724809","isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603229692,"gmtCreate":1638415304748,"gmtModify":1638415542236,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>climb a bit and then sink again. ","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>climb a bit and then sink again. ","text":"$SINGTEL(Z74.SI)$climb a bit and then sink again.","images":[{"img":"https://static.tigerbbs.com/60dda2a093439cf09d19cb11fe5a0e39","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603229692","isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603865412,"gmtCreate":1638399934119,"gmtModify":1638399934414,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"not good","listText":"not good","text":"not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603865412","repostId":"2188567864","repostType":2,"repost":{"id":"2188567864","pubTimestamp":1638395017,"share":"https://www.laohu8.com/m/news/2188567864?lang=&edition=full","pubTime":"2021-12-02 05:43","market":"us","language":"zh","title":"外媒头条:美国发现首例奥密克戎感染病例","url":"https://stock-news.laohu8.com/highlight/detail?id=2188567864","media":"市场资讯","summary":"CDC称,加州和旧金山公共卫生部门证实加州近期出现的一例新冠病例与omicron变异株有关。该病例11月22日从南非返回美国,此前完成了全程疫苗接种。病患出现了轻微症状,目前有所改善,从检测为阳性起就在自我隔离中。所有密切接触者均已联系到,病毒检测皆为阴性。虽然流行病学专家此前就表示美国出现omicron病例不足为奇,但鉴于这种病毒的流行程度,美国首例病例的确诊仍然对人们心理上造成冲击。","content":"<p><b>全球财经媒体昨夜今晨共同关注的头条新闻主要有:</b></p>\n<blockquote>\n <b>1、美国疾控中心证实发现美国首例omicron感染病例</b>\n</blockquote>\n<blockquote>\n <b> 2、鲍威尔:通胀风险持续之际 美联储的政策也要随之演变</b>\n</blockquote>\n<blockquote>\n <b>3、世界卫生组织:疫苗料能防止omicron感染者发展为重症</b>\n</blockquote>\n<blockquote>\n <b> 4、共和党以疫苗强制令为要挟 美国联邦政府“关门”风险上升</b>\n</blockquote>\n<blockquote>\n <b>5、耶伦:1.9万亿美元刺激计划只是通胀上升的一个小因素</b>\n</blockquote>\n<blockquote>\n <b>6、巴克莱预测美联储2022年加息三次 明年5月将升息</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/21d267e1823bd3fed193e40eb4e4cdc6\" tg-width=\"720\" tg-height=\"490\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>美国疾控中心证实发现美国首例omicron感染病例</b></p>\n<p>美国疾病控制和预防中心(CDC)确认美国首例omicron变异株感染病例。</p>\n<p>CDC称,加州和旧金山公共卫生部门证实加州近期出现的一例新冠病例与omicron变异株有关。该病例11月22日从南非返回美国,此前完成了全程疫苗接种。病患出现了轻微症状,目前有所改善,从检测为阳性起就在自我隔离中。所有密切接触者均已联系到,病毒检测皆为阴性。</p>\n<p>最初在南非被发现的omicron毒株已经传播至澳大利亚、德国和加拿大等多地。研究人员正在抓紧研究新毒株的影响。</p>\n<p>虽然流行病学专家此前就表示美国出现omicron病例不足为奇,但鉴于这种病毒的流行程度,美国首例病例的确诊仍然对人们心理上造成冲击。</p>\n<p><img src=\"https://static.tigerbbs.com/488108795f1d103084353bdc234f5efb\" tg-width=\"720\" tg-height=\"481\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>鲍威尔:通胀风险持续之际 美联储的政策也要随之演变</b></p>\n<p>美联储主席杰罗姆·鲍威尔表示,通胀持续高企的风险“显然有所升温”,货币政策将随之演变。</p>\n<p>“以往政策适应了这种情况,也将继续如此,”鲍威尔周三对众议院金融服务委员会表示。“我们经历过通胀更加持久的情况。我们见过引起通胀走高的因素更为持久的情况。”</p>\n<p>鲍威尔周二对参议院表示,鉴于通胀风险高企,讨论美联储是否应当以更快的速度完成购债减码将是“合适的”。他还表示,希望弃用“暂时性的”这个词汇来描述物价的上涨,而在他的书面讲稿中,他的确表示,通胀压力在明年很长一段时间都将一直持续。鲍威尔周三在众议院重复了该讲稿。</p>\n<p><img src=\"https://static.tigerbbs.com/6fc2afbd854ef5390a8fb79bb6fb8154\" tg-width=\"720\" tg-height=\"479\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>世界卫生组织:疫苗料能防止omicron感染者发展为重症</b></p>\n<p>世界卫生组织首席科学家Soumya Swaminathan告诉记者,新冠疫苗料将防止omicron变异株感染者发展为重症。</p>\n<p>Maria van Kerkhove在同一个新闻发布会上说,世卫专家预计几天内将获得更多关于omicron毒株传播性的数据。</p>\n<p>新冠病毒Omicron变体继续传播,到达从巴西到英国的逾20地。</p>\n<p>与此同时,该组织的总干事谭德塞反对全面旅行禁令,因为这无法阻止新变种的传播。</p>\n<p><img src=\"https://static.tigerbbs.com/a37cfe107a7c3d9560c7870aae3ad832\" tg-width=\"720\" tg-height=\"462\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>共和党以疫苗强制令为要挟 美国联邦政府“关门”风险上升</b></p>\n<p>美国政府周末停摆的风险在周三有所上升,国会两党在维持机构运转所需的短期支出法案上存在分歧,一些共和党议员威胁不让法案通过,以抗议拜登的疫苗强制接种令。</p>\n<p>由于与参议院共和党人就2022财年支出法案的谈判陷入僵局,多数民主党人希望将目前的资金供应延长到1月或更晚。虽然民主党领导人表达了对分歧将得到及时解决的信心,但他们尚未就权宜支出法案安排任何行动。</p>\n<p>民主党人表示,他们没有得到共和党人关于权宜支出法案应该持续多久的建议,越来越多人担心,一小部分保守派议员将试图触发联邦政府停摆以阻止拜登动用财政资金,使其无法推行对大型私营企业的强制疫苗接种令。</p>\n<p><img src=\"https://static.tigerbbs.com/c23680acc6f485a9f9de5e91901ac7f1\" tg-width=\"720\" tg-height=\"540\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>耶伦:1.9万亿美元刺激计划只是通胀上升的一个小因素</b></p>\n<p>美国财政部长珍妮特-耶伦(Janet Yellen)周三对立法者表示,美国总统乔拜登3月份的1.9万亿美元美国救援计划刺激方案提振了更强劲的需求,但只是当前通胀上升的一个小因素。</p>\n<p>耶伦告诉众议院金融服务委员会,刺激计划显然提振了需求,但表示,说其超出了需求并助长了当前的通胀飙升并不是一个“公平的假设”。</p>\n<p>“美国救援计划确实把钱放进人们的口袋里……并促进了美国经济的强劲需求,但如果你看看我们的通胀程度及其原因,那至多只是一个很小的贡献者,”她说。</p>\n<p><img src=\"https://static.tigerbbs.com/5744989abe973ca35b9f01c5332157b0\" tg-width=\"720\" tg-height=\"479\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>巴克莱预测美联储2022年加息三次 明年5月将升息</b></p>\n<p>巴克莱策略师Michael Gapen、Jonathan Millar和Pooja Sriram表示,美联储料将在明年1月宣布加快减码,可能在4月中旬结束债券购买行动,并于5月份首次加息。</p>\n<p>他们预计2022年将有3次加息,每次幅度25个基点;2023年会再加息4次。</p>\n<p>该行在11月30日的报告中写道:“美联储的措辞已经明显改变,倾向于提前上调利率”。</p>\n<p>“我们预计委员会将宣布将把每月美债和抵押贷款支持证券的购买规模从600亿美元和300亿美元分别调降至500亿美元和250亿美元”。</p>\n<p>策略师们表示,官员们还可能讨论将当前的减码规模提高到300亿美元/月,意味着在4月中旬收官。</p>","source":"sina_symbol","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>外媒头条:美国发现首例奥密克戎感染病例</title>\n<style 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}\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\">\n外媒头条:美国发现首例奥密克戎感染病例\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 05:43 北京时间 <a href=https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-12-02/doc-ikyamrmy6295640.shtml><strong>市场资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>全球财经媒体昨夜今晨共同关注的头条新闻主要有:\n\n1、美国疾控中心证实发现美国首例omicron感染病例\n\n\n 2、鲍威尔:通胀风险持续之际 美联储的政策也要随之演变\n\n\n3、世界卫生组织:疫苗料能防止omicron感染者发展为重症\n\n\n 4、共和党以疫苗强制令为要挟 美国联邦政府“关门”风险上升\n\n\n5、耶伦:1.9万亿美元刺激计划只是通胀上升的一个小因素\n\n\n6、巴克莱预测美联储2022年加息...</p>\n\n<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-12-02/doc-ikyamrmy6295640.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDOW":"道指三倍做空ETF-ProShares","DJX":"1/100道琼斯","BK4534":"瑞士信贷持仓","QLD":"纳指两倍做多ETF","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓","SQQQ":"纳指三倍做空ETF","BK4550":"红杉资本持仓","DDM":"道指两倍做多ETF","DOG":"道指反向ETF","SPXU":"三倍做空标普500ETF","PSQ":"纳指反向ETF",".DJI":"道琼斯","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","QID":"纳指两倍做空ETF",".SPX":"S&P 500 Index","OEX":"标普100","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","DXD":"道指两倍做空ETF","CDC":"VictoryShares US EQ Income Enhanced Volatility Wtd ETF","IVV":"标普500指数ETF"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-12-02/doc-ikyamrmy6295640.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188567864","content_text":"全球财经媒体昨夜今晨共同关注的头条新闻主要有:\n\n1、美国疾控中心证实发现美国首例omicron感染病例\n\n\n 2、鲍威尔:通胀风险持续之际 美联储的政策也要随之演变\n\n\n3、世界卫生组织:疫苗料能防止omicron感染者发展为重症\n\n\n 4、共和党以疫苗强制令为要挟 美国联邦政府“关门”风险上升\n\n\n5、耶伦:1.9万亿美元刺激计划只是通胀上升的一个小因素\n\n\n6、巴克莱预测美联储2022年加息三次 明年5月将升息\n\n\n美国疾控中心证实发现美国首例omicron感染病例\n美国疾病控制和预防中心(CDC)确认美国首例omicron变异株感染病例。\nCDC称,加州和旧金山公共卫生部门证实加州近期出现的一例新冠病例与omicron变异株有关。该病例11月22日从南非返回美国,此前完成了全程疫苗接种。病患出现了轻微症状,目前有所改善,从检测为阳性起就在自我隔离中。所有密切接触者均已联系到,病毒检测皆为阴性。\n最初在南非被发现的omicron毒株已经传播至澳大利亚、德国和加拿大等多地。研究人员正在抓紧研究新毒株的影响。\n虽然流行病学专家此前就表示美国出现omicron病例不足为奇,但鉴于这种病毒的流行程度,美国首例病例的确诊仍然对人们心理上造成冲击。\n\n鲍威尔:通胀风险持续之际 美联储的政策也要随之演变\n美联储主席杰罗姆·鲍威尔表示,通胀持续高企的风险“显然有所升温”,货币政策将随之演变。\n“以往政策适应了这种情况,也将继续如此,”鲍威尔周三对众议院金融服务委员会表示。“我们经历过通胀更加持久的情况。我们见过引起通胀走高的因素更为持久的情况。”\n鲍威尔周二对参议院表示,鉴于通胀风险高企,讨论美联储是否应当以更快的速度完成购债减码将是“合适的”。他还表示,希望弃用“暂时性的”这个词汇来描述物价的上涨,而在他的书面讲稿中,他的确表示,通胀压力在明年很长一段时间都将一直持续。鲍威尔周三在众议院重复了该讲稿。\n\n世界卫生组织:疫苗料能防止omicron感染者发展为重症\n世界卫生组织首席科学家Soumya Swaminathan告诉记者,新冠疫苗料将防止omicron变异株感染者发展为重症。\nMaria van Kerkhove在同一个新闻发布会上说,世卫专家预计几天内将获得更多关于omicron毒株传播性的数据。\n新冠病毒Omicron变体继续传播,到达从巴西到英国的逾20地。\n与此同时,该组织的总干事谭德塞反对全面旅行禁令,因为这无法阻止新变种的传播。\n\n共和党以疫苗强制令为要挟 美国联邦政府“关门”风险上升\n美国政府周末停摆的风险在周三有所上升,国会两党在维持机构运转所需的短期支出法案上存在分歧,一些共和党议员威胁不让法案通过,以抗议拜登的疫苗强制接种令。\n由于与参议院共和党人就2022财年支出法案的谈判陷入僵局,多数民主党人希望将目前的资金供应延长到1月或更晚。虽然民主党领导人表达了对分歧将得到及时解决的信心,但他们尚未就权宜支出法案安排任何行动。\n民主党人表示,他们没有得到共和党人关于权宜支出法案应该持续多久的建议,越来越多人担心,一小部分保守派议员将试图触发联邦政府停摆以阻止拜登动用财政资金,使其无法推行对大型私营企业的强制疫苗接种令。\n\n耶伦:1.9万亿美元刺激计划只是通胀上升的一个小因素\n美国财政部长珍妮特-耶伦(Janet Yellen)周三对立法者表示,美国总统乔拜登3月份的1.9万亿美元美国救援计划刺激方案提振了更强劲的需求,但只是当前通胀上升的一个小因素。\n耶伦告诉众议院金融服务委员会,刺激计划显然提振了需求,但表示,说其超出了需求并助长了当前的通胀飙升并不是一个“公平的假设”。\n“美国救援计划确实把钱放进人们的口袋里……并促进了美国经济的强劲需求,但如果你看看我们的通胀程度及其原因,那至多只是一个很小的贡献者,”她说。\n\n巴克莱预测美联储2022年加息三次 明年5月将升息\n巴克莱策略师Michael Gapen、Jonathan Millar和Pooja Sriram表示,美联储料将在明年1月宣布加快减码,可能在4月中旬结束债券购买行动,并于5月份首次加息。\n他们预计2022年将有3次加息,每次幅度25个基点;2023年会再加息4次。\n该行在11月30日的报告中写道:“美联储的措辞已经明显改变,倾向于提前上调利率”。\n“我们预计委员会将宣布将把每月美债和抵押贷款支持证券的购买规模从600亿美元和300亿美元分别调降至500亿美元和250亿美元”。\n策略师们表示,官员们还可能讨论将当前的减码规模提高到300亿美元/月,意味着在4月中旬收官。","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603123965,"gmtCreate":1638375954976,"gmtModify":1638375955262,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>all other stock green but why this keep red","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>all other stock green but why this keep red","text":"$Palantir Technologies Inc.(PLTR)$all other stock green but why this keep red","images":[{"img":"https://static.tigerbbs.com/937ae2cea562681fae0c5dd597e68963","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/603123965","isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":877212266,"gmtCreate":1637935291288,"gmtModify":1637935291379,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>18 today ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>18 today ?","text":"$Palantir Technologies Inc.(PLTR)$18 today ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/877212266","isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874948665,"gmtCreate":1637723941436,"gmtModify":1637723941693,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C2PU.SI\">$PARKWAYLIFE REIT(C2PU.SI)$</a>seemsvery high now to enter","listText":"<a href=\"https://laohu8.com/S/C2PU.SI\">$PARKWAYLIFE REIT(C2PU.SI)$</a>seemsvery high now to enter","text":"$PARKWAYLIFE REIT(C2PU.SI)$seemsvery high now to enter","images":[{"img":"https://static.tigerbbs.com/c788b3353b039a37678d30a0875a63ec","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874948665","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":875854409,"gmtCreate":1637635126063,"gmtModify":1637635126172,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>anyone have more lost than me ? lol","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>anyone have more lost than me ? lol","text":"$Palantir Technologies Inc.(PLTR)$anyone have more lost than me ? lol","images":[{"img":"https://static.tigerbbs.com/1fb180a0850b239026ee73b7e3d293d2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/875854409","isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":872525399,"gmtCreate":1637550062417,"gmtModify":1637550062579,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>feel this stock trap up a bit and sink. Announce revenue double but dividend sink ","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>feel this stock trap up a bit and sink. Announce revenue double but dividend sink ","text":"$SINGTEL(Z74.SI)$feel this stock trap up a bit and sink. Announce revenue double but dividend sink","images":[{"img":"https://static.tigerbbs.com/920074980d0de76bb1bcadb436f69b2a","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872525399","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":872522286,"gmtCreate":1637549991858,"gmtModify":1637549991993,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","text":"$GENTING SINGAPORE LIMITED(G13.SI)$still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","images":[{"img":"https://static.tigerbbs.com/85412eedf200bf0c63d364b45e102e7b","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872522286","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":876524825,"gmtCreate":1637333604152,"gmtModify":1637333604408,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"ICLN,PBW & TAN","listText":"ICLN,PBW & TAN","text":"ICLN,PBW & TAN","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876524825","repostId":"1140322735","repostType":2,"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876388233,"gmtCreate":1637271367977,"gmtModify":1637271368093,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>next week will plunge to teen level","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>next week will plunge to teen level","text":"$Palantir Technologies Inc.(PLTR)$next week will plunge to teen level","images":[{"img":"https://static.tigerbbs.com/be0e3d467a60929d93e0ad5be6393a9f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876388233","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878451440,"gmtCreate":1637225082176,"gmtModify":1637225082288,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>keep average down = catch falling knife for this stock ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>keep average down = catch falling knife for this stock ?","text":"$Palantir Technologies Inc.(PLTR)$keep average down = catch falling knife for this stock ?","images":[{"img":"https://static.tigerbbs.com/bc9ebdd29089f1f9d43f3a0447fbb6ef","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878451440","isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":603724809,"gmtCreate":1638455317377,"gmtModify":1638455317504,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","listText":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","text":"Palantir Technologies (NYSE:PLTR) has secured an additional $43M contract from the Space Systems Command's (SSC) Cross-Mission Ground & Communications Enterprise (ECX).Should i buy more tonight ?","images":[{"img":"https://static.tigerbbs.com/e0633e38308478735ea9fec37b419785","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/603724809","isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":604259814,"gmtCreate":1639406110905,"gmtModify":1639406197533,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>again another tech stock trend go up,this one go down","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>again another tech stock trend go up,this one go down","text":"$Palantir Technologies Inc.(PLTR)$again another tech stock trend go up,this one go down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604259814","isVote":1,"tweetType":1,"viewCount":972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859832095,"gmtCreate":1634686173743,"gmtModify":1634686174358,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"very good to see","listText":"very good to see","text":"very good to see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859832095","repostId":"2176710436","repostType":4,"repost":{"id":"2176710436","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":1634683772,"share":"https://www.laohu8.com/m/news/2176710436?lang=&edition=full","pubTime":"2021-10-20 06:49","market":"us","language":"en","title":"Wall Street ends higher as investors bet on positive earnings season","url":"https://stock-news.laohu8.com/highlight/detail?id=2176710436","media":"Reuters","summary":"Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the tech","content":"<p>Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.</p>\n<p>In its fifth straight session of gains, the benchmark S&P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.</p>\n<p>Johnson & Johnson's shares added 2.3% providing a big boost to the S&P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.</p>\n<p>High-profile technology and communications companies were also big S&P boosts with Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Microsoft all rising.</p>\n<p>But in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.</p>\n<p>\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&P highs and then we pull back, subject to earnings.\"</p>\n<p>The CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.</p>\n<p>Analysts now expect S&P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.</p>\n<p>\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.</p>\n<p>\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"</p>\n<p>The Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.</p>\n<p>Ten of the eleven major S&P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.</p>\n<p>Netflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.</p>\n<p>Tesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.</p>\n<p>Procter & Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.</p>\n<p>However, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"</p>\n<p>Helping the healthcare sector on Tuesday was drugmaker Merck & Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.</p>\n<p>Its competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.</p>\n<p>On U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends higher as investors bet on positive earnings season</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends higher as investors bet on positive earnings season\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\">2021-10-20 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.</p>\n<p>In its fifth straight session of gains, the benchmark S&P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.</p>\n<p>Johnson & Johnson's shares added 2.3% providing a big boost to the S&P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.</p>\n<p>High-profile technology and communications companies were also big S&P boosts with Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Microsoft all rising.</p>\n<p>But in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.</p>\n<p>\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&P highs and then we pull back, subject to earnings.\"</p>\n<p>The CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.</p>\n<p>Analysts now expect S&P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.</p>\n<p>\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.</p>\n<p>\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"</p>\n<p>The Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.</p>\n<p>Ten of the eleven major S&P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.</p>\n<p>Netflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.</p>\n<p>Tesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.</p>\n<p>Procter & Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.</p>\n<p>However, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"</p>\n<p>Helping the healthcare sector on Tuesday was drugmaker Merck & Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.</p>\n<p>Its competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.</p>\n<p>On U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","PG":"宝洁","NFLX":"奈飞","MRK":"默沙东",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","TSLA":"特斯拉",".SPX":"S&P 500 Index","WMT":"沃尔玛"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176710436","content_text":"Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.\nIn its fifth straight session of gains, the benchmark S&P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.\nJohnson & Johnson's shares added 2.3% providing a big boost to the S&P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.\nHigh-profile technology and communications companies were also big S&P boosts with Apple Inc, Facebook and Microsoft all rising.\nBut in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.\n\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&P highs and then we pull back, subject to earnings.\"\nThe CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.\nAnalysts now expect S&P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.\n\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.\n\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"\nThe Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.\nTen of the eleven major S&P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.\nNetflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.\nTesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.\nProcter & Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.\nHowever, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"\nHelping the healthcare sector on Tuesday was drugmaker Merck & Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.\nIts competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.\nThe S&P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.\nOn U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876524825,"gmtCreate":1637333604152,"gmtModify":1637333604408,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"ICLN,PBW & TAN","listText":"ICLN,PBW & TAN","text":"ICLN,PBW & TAN","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876524825","repostId":"1140322735","repostType":2,"repost":{"id":"1140322735","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637333394,"share":"https://www.laohu8.com/m/news/1140322735?lang=&edition=full","pubTime":"2021-11-19 22:49","market":"us","language":"en","title":"House passes $1.75 trillion Biden plan that funds universal pre-K, Medicare expansion and renewable energy credits","url":"https://stock-news.laohu8.com/highlight/detail?id=1140322735","media":"Tiger Newspress","summary":"The House of Representatives on Friday passed the largest expansion of the social safety net in deca","content":"<p>The House of Representatives on Friday passed the largest expansion of the social safety net in decades, a $1.75 trillion bill that funds universal pre-K, Medicare expansion, renewable energy credits, affordable housing, a year of expanded Child Tax Credits and major Obamacare subsidies.</p>\n<p>Now that it has cleared the House, President Joe Biden’s Build Back Better Act goes to the Senate, where it is likely to be revised in the coming weeks. Senate Majority Leader Chuck Schumer said he aims to have the chamber pass the bill before Christmas. The House will need to vote on it again if the bill is altered.</p>\n<p>If the measure is signed into law, the bill will profoundly change how many Americans live, especially families with children, the elderly and low income Americans.</p>\n<p>What’s in the current version of the bill:</p>\n<ul>\n <li>Universal preschool for all 3- and 4-year olds. In addition to helping millions of children prepare better for school, the benefit would enable parents of young children to return to the work force earlier.</li>\n <li>Capping childcare costs at 7% of income for parents earning up to 250% of a state’s median income.</li>\n <li>4 weeks of federal paid parental, sick or caregiver leave.</li>\n <li>A year of expanded Child Tax Credits. During the past year, these credits have raised households with more than 3 million children out of poverty, and cut overall child poverty in America by 25%.</li>\n <li>Extended pandemic-era Affordable Care Act subsidies. So far this year, these subsidies have increased ACA enrollment by more than 2 million.</li>\n <li>New hearing benefits for Medicare beneficiaries, including coverage for a new hearing aid every five years.</li>\n <li>A $35 per-month limit on the cost of insulin under Medicare, and a cap on out-of-pocket prescription drug costs at $2,000 per year.</li>\n <li>$500 billion to combat climate change, largely through clean energy tax credits. This represents the largest ever federal investment in clean energy.</li>\n <li>Raising the State and Local Tax deduction limit from $10,000 to $80,000.</li>\n</ul>","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>House passes $1.75 trillion Biden plan that funds universal pre-K, Medicare expansion and renewable energy credits</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\">\nHouse passes $1.75 trillion Biden plan that funds universal pre-K, Medicare expansion and renewable energy credits\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-19 22:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The House of Representatives on Friday passed the largest expansion of the social safety net in decades, a $1.75 trillion bill that funds universal pre-K, Medicare expansion, renewable energy credits, affordable housing, a year of expanded Child Tax Credits and major Obamacare subsidies.</p>\n<p>Now that it has cleared the House, President Joe Biden’s Build Back Better Act goes to the Senate, where it is likely to be revised in the coming weeks. Senate Majority Leader Chuck Schumer said he aims to have the chamber pass the bill before Christmas. The House will need to vote on it again if the bill is altered.</p>\n<p>If the measure is signed into law, the bill will profoundly change how many Americans live, especially families with children, the elderly and low income Americans.</p>\n<p>What’s in the current version of the bill:</p>\n<ul>\n <li>Universal preschool for all 3- and 4-year olds. In addition to helping millions of children prepare better for school, the benefit would enable parents of young children to return to the work force earlier.</li>\n <li>Capping childcare costs at 7% of income for parents earning up to 250% of a state’s median income.</li>\n <li>4 weeks of federal paid parental, sick or caregiver leave.</li>\n <li>A year of expanded Child Tax Credits. During the past year, these credits have raised households with more than 3 million children out of poverty, and cut overall child poverty in America by 25%.</li>\n <li>Extended pandemic-era Affordable Care Act subsidies. So far this year, these subsidies have increased ACA enrollment by more than 2 million.</li>\n <li>New hearing benefits for Medicare beneficiaries, including coverage for a new hearing aid every five years.</li>\n <li>A $35 per-month limit on the cost of insulin under Medicare, and a cap on out-of-pocket prescription drug costs at $2,000 per year.</li>\n <li>$500 billion to combat climate change, largely through clean energy tax credits. This represents the largest ever federal investment in clean energy.</li>\n <li>Raising the State and Local Tax deduction limit from $10,000 to $80,000.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140322735","content_text":"The House of Representatives on Friday passed the largest expansion of the social safety net in decades, a $1.75 trillion bill that funds universal pre-K, Medicare expansion, renewable energy credits, affordable housing, a year of expanded Child Tax Credits and major Obamacare subsidies.\nNow that it has cleared the House, President Joe Biden’s Build Back Better Act goes to the Senate, where it is likely to be revised in the coming weeks. Senate Majority Leader Chuck Schumer said he aims to have the chamber pass the bill before Christmas. The House will need to vote on it again if the bill is altered.\nIf the measure is signed into law, the bill will profoundly change how many Americans live, especially families with children, the elderly and low income Americans.\nWhat’s in the current version of the bill:\n\nUniversal preschool for all 3- and 4-year olds. In addition to helping millions of children prepare better for school, the benefit would enable parents of young children to return to the work force earlier.\nCapping childcare costs at 7% of income for parents earning up to 250% of a state’s median income.\n4 weeks of federal paid parental, sick or caregiver leave.\nA year of expanded Child Tax Credits. During the past year, these credits have raised households with more than 3 million children out of poverty, and cut overall child poverty in America by 25%.\nExtended pandemic-era Affordable Care Act subsidies. So far this year, these subsidies have increased ACA enrollment by more than 2 million.\nNew hearing benefits for Medicare beneficiaries, including coverage for a new hearing aid every five years.\nA $35 per-month limit on the cost of insulin under Medicare, and a cap on out-of-pocket prescription drug costs at $2,000 per year.\n$500 billion to combat climate change, largely through clean energy tax credits. This represents the largest ever federal investment in clean energy.\nRaising the State and Local Tax deduction limit from $10,000 to $80,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875854409,"gmtCreate":1637635126063,"gmtModify":1637635126172,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>anyone have more lost than me ? lol","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>anyone have more lost than me ? lol","text":"$Palantir Technologies Inc.(PLTR)$anyone have more lost than me ? lol","images":[{"img":"https://static.tigerbbs.com/1fb180a0850b239026ee73b7e3d293d2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/875854409","isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":843284074,"gmtCreate":1635832747781,"gmtModify":1635832747781,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>should average up or buy more ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>should average up or buy more ?","text":"$Palantir Technologies Inc.(PLTR)$should average up or buy more ?","images":[{"img":"https://static.tigerbbs.com/5b0771fa14777ad67c42460a86624c08","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/843284074","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603123965,"gmtCreate":1638375954976,"gmtModify":1638375955262,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>all other stock green but why this keep red","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>all other stock green but why this keep red","text":"$Palantir Technologies Inc.(PLTR)$all other stock green but why this keep red","images":[{"img":"https://static.tigerbbs.com/937ae2cea562681fae0c5dd597e68963","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/603123965","isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":877212266,"gmtCreate":1637935291288,"gmtModify":1637935291379,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>18 today ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>18 today ?","text":"$Palantir Technologies Inc.(PLTR)$18 today ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/877212266","isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607191759,"gmtCreate":1639495036014,"gmtModify":1639495036206,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>how to escape ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>how to escape ?","text":"$Palantir Technologies Inc.(PLTR)$how to escape ?","images":[{"img":"https://static.tigerbbs.com/6d2cf46a767174f417cde020b14b1e6e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/607191759","isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878451440,"gmtCreate":1637225082176,"gmtModify":1637225082288,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>keep average down = catch falling knife for this stock ?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>keep average down = catch falling knife for this stock ?","text":"$Palantir Technologies Inc.(PLTR)$keep average down = catch falling knife for this stock ?","images":[{"img":"https://static.tigerbbs.com/bc9ebdd29089f1f9d43f3a0447fbb6ef","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878451440","isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870630770,"gmtCreate":1636608214492,"gmtModify":1636608214604,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>feel cheated by this stock, 1 year never go up ","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>feel cheated by this stock, 1 year never go up ","text":"$Palantir Technologies Inc.(PLTR)$feel cheated by this stock, 1 year never go up","images":[{"img":"https://static.tigerbbs.com/68a0a019220ba33c50aaa8202cd6460b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870630770","isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847215835,"gmtCreate":1636523423969,"gmtModify":1636523424156,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"is palantir considered meme stock ?","listText":"is palantir considered meme stock ?","text":"is palantir considered meme stock ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847215835","repostId":"1156695981","repostType":2,"repost":{"id":"1156695981","pubTimestamp":1636514367,"share":"https://www.laohu8.com/m/news/1156695981?lang=&edition=full","pubTime":"2021-11-10 11:19","market":"us","language":"en","title":"The Fed thinks meme stocks threaten the financial structure","url":"https://stock-news.laohu8.com/highlight/detail?id=1156695981","media":"Marketwatch","summary":"After some detailed research, the Federal Reserve said on Monday thatit is beginning to worrythat th","content":"<p>After some detailed research, the Federal Reserve said on Monday thatit is beginning to worrythat the recent and unprecedented volatility in meme stocks like GameStop and AMC Entertainment are creating pockets of risk inside markets that could create real problems for the entire U.S. financial system.</p>\n<p>On Tuesday, many of the self-professed “Apes” who created that volatility reacted to the Fed’s concern about meme stocks in a way best represented by, well, a meme:</p>\n<p>Based on actual textfrom the Fed’s most recent financial stability report, zero-commission trading apps and investors using social media to coordinate their trades have created a weaponized “echo chamber in which retail investors find themselves communicating most frequently with others with similar interests and views.”</p>\n<p>In turn, the report found, those like-minded investors create huge waves of volatility and risk that could create real issues for the markets and the financial system in a downturn, especially with so many of these mostly younger retail investors exposing themselves to massive losses using leverage and options to execute their trades.</p>\n<p>But that risk also can be felt elsewhere. Fed Gov. Lael Brainard wrote in a statement accompanying the report that it has already been seen inthe Archegos Capital Management meltdownsaga and could spread.</p>\n<p>“It highlights the potential for nonbank financial institutions such as hedge funds and other leveraged investors to generate large losses in the financial system,” Brainard wrote on Monday.</p>\n<p>But while that warning — whichwasn’t Brainard’s first timeringing the alarm on the topic — might have been of concern for Wall Street, retail investors were unshaken.</p>\n<p>Instead, many retail investors on social media spent Tuesday telling the Fed that using stocks to upend the existing structure of the financial system, by making hedge funds bleed, has been one of their goals all along, using the volatility to reveal what they see as widespread corruption.</p>\n<p>After all, it’s been no secret that Reddit’s Apes would like nothing more than to see hedge funds crippled by their own actions. Many individuals also expect the end result of that destruction to be a fairer system in which the little guy can thrive.</p>\n<p>“How is it that the ultra rich can basically GAMBLE in the stock market with over-leveraged positions, Dark Pools, insider information, etc. for YEARS and there is nothing to worry about,” read one very popular post on subreddit r/Superstonk.</p>\n<p>“Yeah, these are pretty big words coming from an entity that printed 33% of money into existence in a year and then claimed that it wouldn’t lead to long term inflation,” opined user doned_mest_up. “They don’t quite yield the power over the economy that Reddit does, I suppose.”</p>\n<p>But regardless of how Redditors or other retail investors feel, it is worth noting that Brainard’s involvement in the report should not be taken lightly. It has been recently reported thatshe has interviewed for the top job at the Fedand her chairmanship could include a much closer look at retail trading than Chairman Jerome Powell’s has so far.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed thinks meme stocks threaten the financial structure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed thinks meme stocks threaten the financial structure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 11:19 GMT+8 <a href=https://www.marketwatch.com/story/the-fed-thinks-meme-stocks-threaten-the-financial-structure-retail-investors-say-thats-kind-of-the-point-11636498740?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After some detailed research, the Federal Reserve said on Monday thatit is beginning to worrythat the recent and unprecedented volatility in meme stocks like GameStop and AMC Entertainment are ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-fed-thinks-meme-stocks-threaten-the-financial-structure-retail-investors-say-thats-kind-of-the-point-11636498740?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/the-fed-thinks-meme-stocks-threaten-the-financial-structure-retail-investors-say-thats-kind-of-the-point-11636498740?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156695981","content_text":"After some detailed research, the Federal Reserve said on Monday thatit is beginning to worrythat the recent and unprecedented volatility in meme stocks like GameStop and AMC Entertainment are creating pockets of risk inside markets that could create real problems for the entire U.S. financial system.\nOn Tuesday, many of the self-professed “Apes” who created that volatility reacted to the Fed’s concern about meme stocks in a way best represented by, well, a meme:\nBased on actual textfrom the Fed’s most recent financial stability report, zero-commission trading apps and investors using social media to coordinate their trades have created a weaponized “echo chamber in which retail investors find themselves communicating most frequently with others with similar interests and views.”\nIn turn, the report found, those like-minded investors create huge waves of volatility and risk that could create real issues for the markets and the financial system in a downturn, especially with so many of these mostly younger retail investors exposing themselves to massive losses using leverage and options to execute their trades.\nBut that risk also can be felt elsewhere. Fed Gov. Lael Brainard wrote in a statement accompanying the report that it has already been seen inthe Archegos Capital Management meltdownsaga and could spread.\n“It highlights the potential for nonbank financial institutions such as hedge funds and other leveraged investors to generate large losses in the financial system,” Brainard wrote on Monday.\nBut while that warning — whichwasn’t Brainard’s first timeringing the alarm on the topic — might have been of concern for Wall Street, retail investors were unshaken.\nInstead, many retail investors on social media spent Tuesday telling the Fed that using stocks to upend the existing structure of the financial system, by making hedge funds bleed, has been one of their goals all along, using the volatility to reveal what they see as widespread corruption.\nAfter all, it’s been no secret that Reddit’s Apes would like nothing more than to see hedge funds crippled by their own actions. Many individuals also expect the end result of that destruction to be a fairer system in which the little guy can thrive.\n“How is it that the ultra rich can basically GAMBLE in the stock market with over-leveraged positions, Dark Pools, insider information, etc. for YEARS and there is nothing to worry about,” read one very popular post on subreddit r/Superstonk.\n“Yeah, these are pretty big words coming from an entity that printed 33% of money into existence in a year and then claimed that it wouldn’t lead to long term inflation,” opined user doned_mest_up. “They don’t quite yield the power over the economy that Reddit does, I suppose.”\nBut regardless of how Redditors or other retail investors feel, it is worth noting that Brainard’s involvement in the report should not be taken lightly. It has been recently reported thatshe has interviewed for the top job at the Fedand her chairmanship could include a much closer look at retail trading than Chairman Jerome Powell’s has so far.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846699810,"gmtCreate":1636076108231,"gmtModify":1636076108390,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C2PU.SI\">$PARKWAYLIFE REIT(C2PU.SI)$</a>why suddenly go up ?","listText":"<a href=\"https://laohu8.com/S/C2PU.SI\">$PARKWAYLIFE REIT(C2PU.SI)$</a>why suddenly go up ?","text":"$PARKWAYLIFE REIT(C2PU.SI)$why suddenly go up ?","images":[{"img":"https://static.tigerbbs.com/61a2202b116547d6a78253fe8346c35e","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/846699810","isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":876388233,"gmtCreate":1637271367977,"gmtModify":1637271368093,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>next week will plunge to teen level","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>next week will plunge to teen level","text":"$Palantir Technologies Inc.(PLTR)$next week will plunge to teen level","images":[{"img":"https://static.tigerbbs.com/be0e3d467a60929d93e0ad5be6393a9f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876388233","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":879251069,"gmtCreate":1636729737490,"gmtModify":1636729737560,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"wow super long analysis","listText":"wow super long analysis","text":"wow super long analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879251069","repostId":"1163118124","repostType":2,"repost":{"id":"1163118124","pubTimestamp":1636726239,"share":"https://www.laohu8.com/m/news/1163118124?lang=&edition=full","pubTime":"2021-11-12 22:10","market":"us","language":"en","title":"Tesla: $1 Trillion Of Speculation","url":"https://stock-news.laohu8.com/highlight/detail?id=1163118124","media":"Forbes","summary":"Tesla’s market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz , which might not even happen.Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global p","content":"<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen.</p>\n<p>Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.</p>\n<p>This report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.</p>\n<p><b>Tesla’s Valuation vs. Competitors Makes No Sense</b></p>\n<p>Tesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.</p>\n<p><b>Figure 1: Tesla’s Market Cap Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/fb58977e39c2d0ce868e80de26d098d9\" tg-width=\"925\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>This valuation comes despite Tesla selling less than 1/50th of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.</p>\n<p>I cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.</p>\n<p><b>Figure 2: Tesla’s Car Sales Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/7fe8de12677dc13fe01f38fbafdcab27\" tg-width=\"946\" tg-height=\"397\" referrerpolicy=\"no-referrer\">* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.</p>\n<p><b>Is the Hertz Deal Really Worth $100 Billion+ in Market Cap?</b></p>\n<p>Even if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”</p>\n<p>This $100 billion market cap jump makes even less sense in the context of Tesla’s sky-high valuation before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.</p>\n<p><b>Will the Hertz Deal Result in Any Profits – If It Goes Through?</b></p>\n<p>After Elon Musk tweeted on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another famous tweet: \"am considering taking Tesla private at $420. Funding secured.”</p>\n<p>Even if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.</p>\n<p>Either Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.</p>\n<p>At the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.</p>\n<p><b>Tesla’s Global Market Share Getting Smaller</b></p>\n<p>Tesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs sold worldwide compared to 18.8% over the same period in 2020.</p>\n<p>Rising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.</p>\n<p><b>Reverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market</b></p>\n<p>At its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the projected base case global EV passenger vehicle market in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell 8.1 million vehicles in 2030.</p>\n<p>I think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.</p>\n<p>As detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.</p>\n<p>Per Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:</p>\n<ul>\n <li>16 million vehicles – current ASP of $51k</li>\n <li>21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)</li>\n <li>46 million vehicles – ASP of $17k (equal to General Motors over the TTM)</li>\n</ul>\n<p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the base case projection from the IEA):</p>\n<ul>\n <li>60% for 16 million vehicles</li>\n <li>80% for 21 million vehicles</li>\n <li>179% for 46 million vehicles</li>\n</ul>\n<p>If I assume the IEA’s best case for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:</p>\n<ul>\n <li>33% for 16 million vehicles</li>\n <li>44% for 21 million vehicles</li>\n <li>98% for 46 million vehicles</li>\n</ul>\n<p><b>Figure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation</b></p>\n<p><img src=\"https://static.tigerbbs.com/9c6d6230910209d16f55e6e527130d43\" tg-width=\"960\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><b>The Math Shows that Tesla Must be More Profitable Than Apple</b></p>\n<p>Here are the assumptions I use in my reverse discounted cash flow (DCF) model to calculate the implied production levels above.</p>\n<p>To justify its current price of ~$1,200/share, Tesla must:</p>\n<ul>\n <li>immediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>grow revenue by 38% compounded annually for the next decade.</li>\n</ul>\n<p>In this scenario, Tesla generates <b>$783 billion</b> in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.</p>\n<p>This scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all companies my firm covers.</p>\n<p><b>TSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales</b></p>\n<p>If I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:</p>\n<ul>\n <li>NOPAT margin improves to 17.2% and</li>\n <li>revenue grows 27% compounded annually over the next decade, then</li>\n</ul>\n<p>the stock is worth just $483/share today – 60% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.</p>\n<p><b>TSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins</b></p>\n<p>If I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:</p>\n<ul>\n <li>NOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>revenue grows by consensus estimates from 2021-2023 and</li>\n <li>revenue grows 18% a year from 2024-2030, then</li>\n</ul>\n<p>the stock is worth just $148/share today – an 88% downside to the current price.</p>\n<p>In this scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.</p>\n<p>Also, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.</p>\n<p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p>\n<p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p>\n<p><img src=\"https://static.tigerbbs.com/25d334530f3477d58879490d628fa8ef\" tg-width=\"936\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p>\n<p>Each of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.</p>\n<p>A 14% CAGR represents 1/4th the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.</p>\n<p>In other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p>\n<p><b>Why Tesla’s $1 Trillion Valuation Is Ridiculous</b></p>\n<p>Now that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.</p>\n<p><b>Tesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.</b>One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.</p>\n<p>Per Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.</p>\n<p><b>Figure 5: Tesla’s Revenue Breakdown: 3Q19 – 3Q21</b></p>\n<p><img src=\"https://static.tigerbbs.com/4b77f52dfd7a9cb05f19a91ac8811919\" tg-width=\"960\" tg-height=\"419\" referrerpolicy=\"no-referrer\">Tesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.</p>\n<p><b>Insurance Business Is Not Material.</b> Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve previously covered how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.</p>\n<p>Even if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.</p>\n<p>Bulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.</p>\n<p>Regardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.</p>\n<p><b>Production Capacity Growth Will Require Billions of $.</b>Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.</p>\n<p>In other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.</p>\n<p>Given the many issues in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.</p>\n<p><b>Figure 6: Tesla’s Pending Production Shortfall</b></p>\n<p><img src=\"https://static.tigerbbs.com/7d0c946fecb2fd037adac367c7c5b7c2\" tg-width=\"960\" tg-height=\"285\" referrerpolicy=\"no-referrer\">*Projection based on InsideEVs estimate of 600,000 vehicles per year</p>\n<p>**Optimistic assumption based on Texas being Tesla’s biggest factory and possibly the largest factory in the United States</p>\n<p><b>Incumbents Must Fail for Tesla to Meet Growth Expectations.</b>For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of global EV sales through the first half of 2021.</p>\n<p>The global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.</p>\n<p>Here are the projections from the large incumbent automakers that have provided specific goals for future EV production.</p>\n<ul>\n <li>Volkswagen Group projects that 50% of its global sales will be fully electric by 2030</li>\n <li>Stellantis projects 70% and 40% of its European and North American sales, respectively, will be fully electric by 2030</li>\n <li>Ford projects that 40% of its sales will be fully electric by 2030.</li>\n <li>Toyota projects that it will sell 2 million EVs by 2030</li>\n <li>Honda plans to sell only EVs in China by 2030</li>\n <li>BMW expects at least half its sales to be zero-emission vehicles by 2030</li>\n <li>Daimler, manufacturer of Mercedes Benz, expects half its sales to be “EV and hybrid by 2025”</li>\n <li>General Motors is targeting EV sales of “more than 1 million” by 2025</li>\n <li>Volvo plans to sell only fully electric vehicles by 2030</li>\n <li>Nissan projects 40% of U.S. sales to be EVs by 2030</li>\n</ul>\n<p>Based on these projections, I estimate how many EVs each company aims to produce[1] by 2030 and the market share implied by that production as a percentage of base-case global passenger EV sales in 2030.</p>\n<ul>\n <li>Volkswagen Group: 5.5 million, 21% market share</li>\n <li>Stellantis: 3.6 million[2], 14% market share</li>\n <li>Ford: 2.2 million, 9% market share</li>\n <li>Toyota: 2 million, 8% market share</li>\n <li>Honda (in China): 1.5 million, 6% market share</li>\n <li>BMW: 1.3 million, 5% market share</li>\n <li>Mercedes Benz: 1.2+ million, 5% market share</li>\n <li>General Motors: 1+ million, 4% market share</li>\n <li>Volvo: 700,000, 3% market share</li>\n <li>Nissan (in U.S.): 500,000, 2% market share</li>\n <li><b>Total = 19+ million vehicles and 75% market share</b></li>\n</ul>\n<p>These estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.</p>\n<p>The point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.</p>\n<p>The bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.</p>\n<p><b>Incumbents Can Afford to Spend More than Tesla.</b>Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.</p>\n<p>Given the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.</p>\n<p>Unlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.</p>\n<p><b>FSD Continues to Overpromise And Underdeliver.</b>Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its 2021 ranking of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”</p>\n<p>Per Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.</p>\n<p>The most recent problems with Tesla’s FSD version 10.3 forced the company to roll back the update as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,” according to the National Highway Traffic Safety Administration (NHTSA).</p>\n<p>While the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”</p>\n<p><b>Figure 7: Tesla Ranks Last Amongst Automated Driver Systems</b></p>\n<p><img src=\"https://static.tigerbbs.com/6ddd92d3ed67347fa0741599f91ce31d\" tg-width=\"919\" tg-height=\"739\" width=\"100%\" height=\"auto\"></p>\n<p>Alphabet’s Waymo routinely ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get better scores from third-party organizations.</p>\n<p><b>Increased Regulatory Risk.</b>While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.</p>\n<p>Missy Cummings, recently appointed as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”</p>\n<p>More recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.</p>\n<p>The NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”</p>\n<p><b>Battery Technologies Are Nothing Special.</b>Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.</p>\n<p>Additionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.</p>\n<p>General Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is expected to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas noted that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”</p>\n<p>Ford’s Mustang Mach-E became the first electric SUV not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.</p>\n<p>On its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.</p>\n<p>Ultimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.</p>\n<p><b>Not All Supply Issues Can Be Coded Away.</b>To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.</p>\n<p>While certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.</p>\n<p>Delivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my report on Rivian.</p>\n<p><b>Putting It All Together: Tesla Provides Poor Risk/Reward</b></p>\n<p>Given the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.</p>\n<p>Tesla has proven risky to short, but investors need not buy shares today at such an elevated price.</p>\n<p>If you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.</p>","source":"fors","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: $1 Trillion Of Speculation</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: $1 Trillion Of Speculation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 22:10 GMT+8 <a href=https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even ...</p>\n\n<a href=\"https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb\">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://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163118124","content_text":"Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen.\nEven if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.\nThis report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.\nTesla’s Valuation vs. Competitors Makes No Sense\nTesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.\nFigure 1: Tesla’s Market Cap Vs. Competitors\n\nThis valuation comes despite Tesla selling less than 1/50th of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.\nI cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.\nFigure 2: Tesla’s Car Sales Vs. Competitors\n* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.\nIs the Hertz Deal Really Worth $100 Billion+ in Market Cap?\nEven if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”\nThis $100 billion market cap jump makes even less sense in the context of Tesla’s sky-high valuation before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.\nWill the Hertz Deal Result in Any Profits – If It Goes Through?\nAfter Elon Musk tweeted on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another famous tweet: \"am considering taking Tesla private at $420. Funding secured.”\nEven if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.\nEither Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.\nAt the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.\nTesla’s Global Market Share Getting Smaller\nTesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs sold worldwide compared to 18.8% over the same period in 2020.\nRising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.\nReverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market\nAt its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the projected base case global EV passenger vehicle market in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell 8.1 million vehicles in 2030.\nI think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.\nAs detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.\nPer Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:\n\n16 million vehicles – current ASP of $51k\n21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)\n46 million vehicles – ASP of $17k (equal to General Motors over the TTM)\n\nIf Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the base case projection from the IEA):\n\n60% for 16 million vehicles\n80% for 21 million vehicles\n179% for 46 million vehicles\n\nIf I assume the IEA’s best case for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:\n\n33% for 16 million vehicles\n44% for 21 million vehicles\n98% for 46 million vehicles\n\nFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation\nThe Math Shows that Tesla Must be More Profitable Than Apple\nHere are the assumptions I use in my reverse discounted cash flow (DCF) model to calculate the implied production levels above.\nTo justify its current price of ~$1,200/share, Tesla must:\n\nimmediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and\ngrow revenue by 38% compounded annually for the next decade.\n\nIn this scenario, Tesla generates $783 billion in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.\nThis scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all companies my firm covers.\nTSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales\nIf I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:\n\nNOPAT margin improves to 17.2% and\nrevenue grows 27% compounded annually over the next decade, then\n\nthe stock is worth just $483/share today – 60% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.\nTSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins\nIf I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:\n\nNOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and\nrevenue grows by consensus estimates from 2021-2023 and\nrevenue grows 18% a year from 2024-2030, then\n\nthe stock is worth just $148/share today – an 88% downside to the current price.\nIn this scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.\nAlso, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.\nFigure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.\nFigure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios\n\nEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.\nA 14% CAGR represents 1/4th the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.\nIn other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.\nWhy Tesla’s $1 Trillion Valuation Is Ridiculous\nNow that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.\nTesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.\nPer Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.\nFigure 5: Tesla’s Revenue Breakdown: 3Q19 – 3Q21\nTesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.\nInsurance Business Is Not Material. Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve previously covered how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.\nEven if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.\nBulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.\nRegardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.\nProduction Capacity Growth Will Require Billions of $.Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.\nIn other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.\nGiven the many issues in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.\nFigure 6: Tesla’s Pending Production Shortfall\n*Projection based on InsideEVs estimate of 600,000 vehicles per year\n**Optimistic assumption based on Texas being Tesla’s biggest factory and possibly the largest factory in the United States\nIncumbents Must Fail for Tesla to Meet Growth Expectations.For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of global EV sales through the first half of 2021.\nThe global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.\nHere are the projections from the large incumbent automakers that have provided specific goals for future EV production.\n\nVolkswagen Group projects that 50% of its global sales will be fully electric by 2030\nStellantis projects 70% and 40% of its European and North American sales, respectively, will be fully electric by 2030\nFord projects that 40% of its sales will be fully electric by 2030.\nToyota projects that it will sell 2 million EVs by 2030\nHonda plans to sell only EVs in China by 2030\nBMW expects at least half its sales to be zero-emission vehicles by 2030\nDaimler, manufacturer of Mercedes Benz, expects half its sales to be “EV and hybrid by 2025”\nGeneral Motors is targeting EV sales of “more than 1 million” by 2025\nVolvo plans to sell only fully electric vehicles by 2030\nNissan projects 40% of U.S. sales to be EVs by 2030\n\nBased on these projections, I estimate how many EVs each company aims to produce[1] by 2030 and the market share implied by that production as a percentage of base-case global passenger EV sales in 2030.\n\nVolkswagen Group: 5.5 million, 21% market share\nStellantis: 3.6 million[2], 14% market share\nFord: 2.2 million, 9% market share\nToyota: 2 million, 8% market share\nHonda (in China): 1.5 million, 6% market share\nBMW: 1.3 million, 5% market share\nMercedes Benz: 1.2+ million, 5% market share\nGeneral Motors: 1+ million, 4% market share\nVolvo: 700,000, 3% market share\nNissan (in U.S.): 500,000, 2% market share\nTotal = 19+ million vehicles and 75% market share\n\nThese estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.\nThe point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.\nThe bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.\nIncumbents Can Afford to Spend More than Tesla.Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.\nGiven the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.\nUnlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.\nFSD Continues to Overpromise And Underdeliver.Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its 2021 ranking of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”\nPer Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.\nThe most recent problems with Tesla’s FSD version 10.3 forced the company to roll back the update as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,” according to the National Highway Traffic Safety Administration (NHTSA).\nWhile the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”\nFigure 7: Tesla Ranks Last Amongst Automated Driver Systems\n\nAlphabet’s Waymo routinely ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get better scores from third-party organizations.\nIncreased Regulatory Risk.While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.\nMissy Cummings, recently appointed as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”\nMore recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.\nThe NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”\nBattery Technologies Are Nothing Special.Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.\nAdditionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.\nGeneral Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is expected to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas noted that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”\nFord’s Mustang Mach-E became the first electric SUV not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.\nOn its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.\nUltimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.\nNot All Supply Issues Can Be Coded Away.To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.\nWhile certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.\nDelivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my report on Rivian.\nPutting It All Together: Tesla Provides Poor Risk/Reward\nGiven the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.\nTesla has proven risky to short, but investors need not buy shares today at such an elevated price.\nIf you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847374773,"gmtCreate":1636499001997,"gmtModify":1636499002181,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>feel this stock only hype","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>feel this stock only hype","text":"$Palantir Technologies Inc.(PLTR)$feel this stock only hype","images":[{"img":"https://static.tigerbbs.com/f96c3fa4444b4cf680e4ba412f466d41","width":"1080","height":"3543"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847374773","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":692950365,"gmtCreate":1640831800595,"gmtModify":1640831800795,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"wow like pls","listText":"wow like pls","text":"wow like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692950365","repostId":"1158401825","repostType":4,"repost":{"id":"1158401825","pubTimestamp":1640831188,"share":"https://www.laohu8.com/m/news/1158401825?lang=&edition=full","pubTime":"2021-12-30 10:26","market":"sg","language":"en","title":"Koufu Rises 15% on Privatisation News","url":"https://stock-news.laohu8.com/highlight/detail?id=1158401825","media":"Businesstimes","summary":"SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heav","content":"<div>\n<p>SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heavy trading,after its founding shareholders made a S$0.77 per share cash offer to privatise the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nKoufu Rises 15% on Privatisation News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 10:26 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heavy trading,after its founding shareholders made a S$0.77 per share cash offer to privatise the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news\">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.businesstimes.com.sg/stocks/hot-stock-koufu-rises-15-on-privatisation-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158401825","content_text":"SHARES of food court operator Koufu Group rose as much as 15 per cent on Thursday (Dec 30) amid heavy trading,after its founding shareholders made a S$0.77 per share cash offer to privatise the company.The counter last closed at S$0.665 on Tuesday, before the group halted trading of its shares on Wednesday morning.Shortly after resuming trading on Thursday, the counter jumped as much as 15 per cent or S$0.10 to reach a 1-year high of S$0.765 as at 9.12 am, with 0.9 million shares changing hands. It later eased to trade at S$0.76 as at 9.45 am, up S$0.095 or 14.3 per cent.No married deals were recorded in early trade, according to ShareInvestor data.The offer values Koufu at S$425.8 million, which is 15 times the operator's pre-pandemic FY2019 earnings and 43 times its FY2020 earnings.The offeror - Dominus Capital - is an investment company incorporated on Oct 7 by Koufu's executive chairman and chief executive Pang Lim and executive director Ng Hoon Tien, the group said in a bourse filing.The husband-wife duo has a deemed interest in 77.41 per cent of Koufu's shares - through Jun Yuan Holdings - which has given an irrevocable undertaking to accept the offer. As at Wednesday, there are about 553 million issued Koufu shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872525399,"gmtCreate":1637550062417,"gmtModify":1637550062579,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>feel this stock trap up a bit and sink. Announce revenue double but dividend sink ","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>feel this stock trap up a bit and sink. Announce revenue double but dividend sink ","text":"$SINGTEL(Z74.SI)$feel this stock trap up a bit and sink. Announce revenue double but dividend sink","images":[{"img":"https://static.tigerbbs.com/920074980d0de76bb1bcadb436f69b2a","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872525399","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":872522286,"gmtCreate":1637549991858,"gmtModify":1637549991993,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","text":"$GENTING SINGAPORE LIMITED(G13.SI)$still hold this at 1.0x before covid. Will it bound ? eager to escape but still have confidence if tourist are back","images":[{"img":"https://static.tigerbbs.com/85412eedf200bf0c63d364b45e102e7b","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872522286","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":879791269,"gmtCreate":1636770500787,"gmtModify":1636770500859,"author":{"id":"3582679333932635","authorId":"3582679333932635","name":"laurent_rio","avatar":"https://static.tigerbbs.com/d216a8faac1f15369f56934d3025ddec","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>US stock mostly green except this stock. ","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>US stock mostly green except this stock. ","text":"$Palantir Technologies Inc.(PLTR)$US stock mostly green except this stock.","images":[{"img":"https://static.tigerbbs.com/0c05aa2ca2e152db713ba2b2f8b95cec","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879791269","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}