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2021-11-12
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Billionaire Investor Ray Dalio Warns Inflation Is Driving Down Real Wealth
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General Mills Eyes $3 Billion Sale of Progresso Soup, Hamburger Helper
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but","listText":"Ghj but","text":"Ghj but","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879327510","repostId":"1112647615","repostType":4,"repost":{"id":"1112647615","pubTimestamp":1636682844,"share":"https://www.laohu8.com/m/news/1112647615?lang=&edition=full","pubTime":"2021-11-12 10:07","market":"us","language":"en","title":"Billionaire Investor Ray Dalio Warns Inflation Is Driving Down Real Wealth","url":"https://stock-news.laohu8.com/highlight/detail?id=1112647615","media":"Bloomberg","summary":"Ray Dalio sounded the alarm bell on Thursday after inflation in the U.S. surged to the highest level","content":"<p>Ray Dalio sounded the alarm bell on Thursday after inflation in the U.S. surged to the highest level since 1990 and warned his followers that rising portfolio values don’t actually signify increasing wealth.</p>\n<p>“Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price without seeing how their buying power is being eroded,” Dalio wrote in a post on LinkedIn. “The ones most hurt are those who have their money in cash.”</p>\n<p>Dalio, the billionaire founder of Bridgewater Associates, has long been known for his view that there are better assets to hold than cash amid central bank money printing. In periods of rising prices, he says it’s actually more important to look at what you can buy with that money.</p>\n<p>“When a lot of money and credit are created, they go down in value, so having more money won’t necessarily give one more wealth or buying power,” Dalio wrote, adding that real wealth becomes a function of production capacity over time. “Printing money and giving it away won’t make us wealthier if the money isn’t directed to raise productivity.”</p>\n<p>Dalio had a firm warning for the U.S. and said it would be important to keep the implications from policy developments in mind.</p>\n<p>“There isn’t an individual, organization, country, or empire that hasn’t failed when it lost its buying power,” he wrote. “The United States now is spending a lot more money than it’s earning and paying for it by printing money that is being devalued. To improve we have to raise productivity and cooperation. Right now we are on the wrong path.”</p>\n<p>Key Quotes</p>\n<ul>\n <li><p>“At this time 1) the government is printing a lot more money, 2) people are getting a lot more money, and 3) that is producing a lot more buying that is producing a lot more inflation.”</p></li>\n</ul>\n<ul>\n <li><p>“Right now there is far more financial wealth than can ever be converted into real wealth so it has to be devalued. When you are seeing your financial wealth go up as is happening now don’t think you are gaining real wealth when your buying power is going down.”</p></li>\n</ul>\n<ul>\n <li><p>“Spending money on investment and infrastructure rather than on consumption tends to lead to greater productivity, so investment is a good leading indicator of prosperity. On the other hand printing money and distributing it without being productive won’t raise wealth.”</p></li>\n</ul>\n<ul>\n <li><p>“Power changes come from wealth changes so watch who is doing what to create wealth changes.”</p></li>\n</ul>\n<ul>\n <li><p>“History shows that when an individual, organization, country, or empire spends more than what they earn, misery and turbulence are ahead.”</p></li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Investor Ray Dalio Warns Inflation Is Driving Down Real Wealth</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\">\nBillionaire Investor Ray Dalio Warns Inflation Is Driving Down Real Wealth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 10:07 GMT+8 <a href=https://finance.yahoo.com/news/billionaire-investor-ray-dalio-warns-200757697.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ray Dalio sounded the alarm bell on Thursday after inflation in the U.S. surged to the highest level since 1990 and warned his followers that rising portfolio values don’t actually signify increasing ...</p>\n\n<a href=\"https://finance.yahoo.com/news/billionaire-investor-ray-dalio-warns-200757697.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/billionaire-investor-ray-dalio-warns-200757697.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112647615","content_text":"Ray Dalio sounded the alarm bell on Thursday after inflation in the U.S. surged to the highest level since 1990 and warned his followers that rising portfolio values don’t actually signify increasing wealth.\n“Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price without seeing how their buying power is being eroded,” Dalio wrote in a post on LinkedIn. “The ones most hurt are those who have their money in cash.”\nDalio, the billionaire founder of Bridgewater Associates, has long been known for his view that there are better assets to hold than cash amid central bank money printing. In periods of rising prices, he says it’s actually more important to look at what you can buy with that money.\n“When a lot of money and credit are created, they go down in value, so having more money won’t necessarily give one more wealth or buying power,” Dalio wrote, adding that real wealth becomes a function of production capacity over time. “Printing money and giving it away won’t make us wealthier if the money isn’t directed to raise productivity.”\nDalio had a firm warning for the U.S. and said it would be important to keep the implications from policy developments in mind.\n“There isn’t an individual, organization, country, or empire that hasn’t failed when it lost its buying power,” he wrote. “The United States now is spending a lot more money than it’s earning and paying for it by printing money that is being devalued. To improve we have to raise productivity and cooperation. Right now we are on the wrong path.”\nKey Quotes\n\n“At this time 1) the government is printing a lot more money, 2) people are getting a lot more money, and 3) that is producing a lot more buying that is producing a lot more inflation.”\n\n\n“Right now there is far more financial wealth than can ever be converted into real wealth so it has to be devalued. When you are seeing your financial wealth go up as is happening now don’t think you are gaining real wealth when your buying power is going down.”\n\n\n“Spending money on investment and infrastructure rather than on consumption tends to lead to greater productivity, so investment is a good leading indicator of prosperity. On the other hand printing money and distributing it without being productive won’t raise wealth.”\n\n\n“Power changes come from wealth changes so watch who is doing what to create wealth changes.”\n\n\n“History shows that when an individual, organization, country, or empire spends more than what they earn, misery and turbulence are ahead.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879324412,"gmtCreate":1636683871674,"gmtModify":1636683924515,"author":{"id":"3585703494050257","authorId":"3585703494050257","name":"xprobe","avatar":"https://static.tigerbbs.com/c5db71719645fb486fdb0baf8303aa4b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hung","listText":"Hung","text":"Hung","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879324412","repostId":"1166697468","repostType":4,"repost":{"id":"1166697468","pubTimestamp":1636683312,"share":"https://www.laohu8.com/m/news/1166697468?lang=&edition=full","pubTime":"2021-11-12 10:15","market":"us","language":"en","title":"General Mills Eyes $3 Billion Sale of Progresso Soup, Hamburger Helper","url":"https://stock-news.laohu8.com/highlight/detail?id=1166697468","media":"Bloomberg","summary":"Food giant General Mills Inc. is weighing selling a portfolio of brands including Progresso soup and","content":"<p>Food giant General Mills Inc. is weighing selling a portfolio of brands including Progresso soup and Helper, according to people with knowledge of the matter.</p>\n<p>General Mills is working with Goldman Sachs Group Inc. as it explores the potential divestiture, which also includes some smaller brands, the people said. The company is targeting to raise around $3 billion from the sale, according to the people, who asked not to be identified because the information is private.</p>\n<p>The assets are likely to attract interest from private equity firms, the people said. Minneapolis-based General Mills could also consider selling other parts of its business, according to the people.</p>\n<p>Big food companies are repositioning their portfolios as a younger, health-minded customers emerge. J.M. Smucker Co. in July announced a sale of its U.S. baking business including Pillsbury to Brynwood Partners, while others are sifting through non-core assets.</p>\n<p>Legacy Brands</p>\n<p>In March, General Mills said it planned to sell a 51% stake in its Yoplait SAS yogurt business to French dairy cooperative Sodiaal and also buy full control of the brand’s Canada operations.</p>\n<p>No final decision has been made, and there’s no certainty the deliberations will lead to a transaction, the people said. Representatives for General Mills and Goldman Sachs declined to comment.</p>\n<p>Shares of General Mills fell 1% to $62.90 Thursday, giving the company a market value of $38 billion.</p>\n<p>The shares had risen 8% this year through Wednesday after gaining close to 10% in 2020, when sales of packaged foods surged as people stocked their pantry during Covid-19 pandemic lockdowns. The company expected changes in consumer behavior driven by the pandemic to result in ongoing elevated demand for food at home, it said when announcing quarterly earnings in September.</p>\n<p>Selling the Progresso and Helper brands could allow General Mills to pursue acquisitions without raising debt, Bloomberg Intelligence analyst Conor Cuddy wrote in a note.</p>\n<p>Pets, Health</p>\n<p>“The possible divestment reflects General Mills’ dynamic repositioning of its portfolio and may be a catalyst for investing in the pet category or more health-minded products,” Cuddy said.</p>\n<p>Progresso traces its roots back to a tomato-importing business in New Orleans started by an Italian immigrant in the early 1900s, according to General Mills’ website. General Mills acquired the brand via its $10.4 billion takeover of Pillsbury in 2001. Today, Progresso makes canned soups as well as broths, soup mixes and breadcrumbs.</p>\n<p>Helper was launched in the early 1970s as Hamburger Helper for consumers looking stretch a portion of meat into a larger meal amid surging beef prices. The boxes of dried pasta and seasoning can be combined with ground beef, tuna, chicken and other meats.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Mills Eyes $3 Billion Sale of Progresso Soup, Hamburger Helper</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\">\nGeneral Mills Eyes $3 Billion Sale of Progresso Soup, Hamburger Helper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 10:15 GMT+8 <a href=https://finance.yahoo.com/news/general-mills-eyes-3-billion-183701708.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Food giant General Mills Inc. is weighing selling a portfolio of brands including Progresso soup and Helper, according to people with knowledge of the matter.\nGeneral Mills is working with Goldman ...</p>\n\n<a href=\"https://finance.yahoo.com/news/general-mills-eyes-3-billion-183701708.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GIS":"通用磨坊"},"source_url":"https://finance.yahoo.com/news/general-mills-eyes-3-billion-183701708.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166697468","content_text":"Food giant General Mills Inc. is weighing selling a portfolio of brands including Progresso soup and Helper, according to people with knowledge of the matter.\nGeneral Mills is working with Goldman Sachs Group Inc. as it explores the potential divestiture, which also includes some smaller brands, the people said. The company is targeting to raise around $3 billion from the sale, according to the people, who asked not to be identified because the information is private.\nThe assets are likely to attract interest from private equity firms, the people said. Minneapolis-based General Mills could also consider selling other parts of its business, according to the people.\nBig food companies are repositioning their portfolios as a younger, health-minded customers emerge. J.M. Smucker Co. in July announced a sale of its U.S. baking business including Pillsbury to Brynwood Partners, while others are sifting through non-core assets.\nLegacy Brands\nIn March, General Mills said it planned to sell a 51% stake in its Yoplait SAS yogurt business to French dairy cooperative Sodiaal and also buy full control of the brand’s Canada operations.\nNo final decision has been made, and there’s no certainty the deliberations will lead to a transaction, the people said. Representatives for General Mills and Goldman Sachs declined to comment.\nShares of General Mills fell 1% to $62.90 Thursday, giving the company a market value of $38 billion.\nThe shares had risen 8% this year through Wednesday after gaining close to 10% in 2020, when sales of packaged foods surged as people stocked their pantry during Covid-19 pandemic lockdowns. The company expected changes in consumer behavior driven by the pandemic to result in ongoing elevated demand for food at home, it said when announcing quarterly earnings in September.\nSelling the Progresso and Helper brands could allow General Mills to pursue acquisitions without raising debt, Bloomberg Intelligence analyst Conor Cuddy wrote in a note.\nPets, Health\n“The possible divestment reflects General Mills’ dynamic repositioning of its portfolio and may be a catalyst for investing in the pet category or more health-minded products,” Cuddy said.\nProgresso traces its roots back to a tomato-importing business in New Orleans started by an Italian immigrant in the early 1900s, according to General Mills’ website. General Mills acquired the brand via its $10.4 billion takeover of Pillsbury in 2001. Today, Progresso makes canned soups as well as broths, soup mixes and breadcrumbs.\nHelper was launched in the early 1970s as Hamburger Helper for consumers looking stretch a portion of meat into a larger meal amid surging beef prices. The boxes of dried pasta and seasoning can be combined with ground beef, tuna, chicken and other meats.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879324398,"gmtCreate":1636683845878,"gmtModify":1636683923273,"author":{"id":"3585703494050257","authorId":"3585703494050257","name":"xprobe","avatar":"https://static.tigerbbs.com/c5db71719645fb486fdb0baf8303aa4b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/K71U.SI\">$KEPPEL REIT(K71U.SI)$</a>或看看吧","listText":"<a href=\"https://laohu8.com/S/K71U.SI\">$KEPPEL REIT(K71U.SI)$</a>或看看吧","text":"$KEPPEL 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yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823311244","repostId":"1134458600","repostType":4,"repost":{"id":"1134458600","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633578529,"share":"https://www.laohu8.com/m/news/1134458600?lang=&edition=full","pubTime":"2021-10-07 11:48","market":"us","language":"en","title":"Cathie Wood Sells $49.4M In Tesla And Buys $87.5M In Ginkgo Bioworks On Dip As Stock Becomes Target Of Short Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=1134458600","media":"Benzinga","summary":"Cathie Wood-led ArkInvest on Wednesday snapped up shares in Ginkgo Bioworks Holdings Inc on the day ","content":"<p><b>Cathie Wood</b>-led <b>ArkInvest</b> on Wednesday snapped up shares in <b>Ginkgo Bioworks Holdings Inc</b> on the day the synthetic biology company stock was hit hard by two back-to-back short-seller reports that called the company a “colossal scam” and “a scheme.”</p>\n<p>The popular money manager bought 8.26 million shares — estimated to be worth $87.5 million — in the Boston, Massachusetts-based biotech company.</p>\n<p>Shares of the company, which sank as much as 24% during the day, pared the losses to close 11.6% lower at $10.59 a share on Wednesday.</p>\n<p>Ark Invest has been piling up shares in Ginkgo Bioworks, a company that specializes in using genetic engineering to produce bacteria with industrial applications since it began trading on the <b>New York Stock Exchange</b> last month.</p>\n<p>The asset management firm owns the stock via the <b>Ark Genomic RevolutionETF</b>(BATS:ARKG) and the <b>Ark Innovation ETF</b>.</p>\n<p>The two ETFs together held 26 million shares — worth $311.67 million — in Ginkgo Bioworks ahead of Wednesday’s trade.</p>\n<p>Besides Ark Invest,<b>BillGates</b> is the other known high-profile investor in the biotech company.</p>\n<p>Ginkgo Bioworks stock dived on Wednesday after short-seller <b>ScorpionCapital</b> alleged the company is a \"Frankenstein mash-up of the worst frauds.\" Later, <b>CitronResearch</b> called Ginkgo \"a scheme” and said the company’s recent $24 billion valuation is absurd given it raised capital in 2020 at roughly a $5 billion valuation.</p>\n<p>Here are some of the other key trades for Ark on Wednesday:</p>\n<ul>\n <li>Sold 63,135 shares — estimated to be worth $49.4 million — in <b>Tesla</b> <b>Inc</b>. Including the latest sale, Wood’s Ark Invest has sold shares worth about $768 million in the Elon Musk-led company. Ark Invest continues to count Tesla as its largest exposure despite the sale. Tesla stock closed 0.28% higher at $782.75 a share on Wednesday.</li>\n <li>Bought 13,256 shares — estimated to be worth $3.17 million — in the <b>Jack Dorsey</b>-led payments company <b>Square Inc</b>. Shares of the company closed 1.33% higher at $239.12 a share on Wednesday.</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>Cathie Wood Sells $49.4M In Tesla And Buys $87.5M In Ginkgo Bioworks On Dip As Stock Becomes Target Of Short Sellers</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\">\nCathie Wood Sells $49.4M In Tesla And Buys $87.5M In Ginkgo Bioworks On Dip As Stock Becomes Target Of Short Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 11:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>-led <b>ArkInvest</b> on Wednesday snapped up shares in <b>Ginkgo Bioworks Holdings Inc</b> on the day the synthetic biology company stock was hit hard by two back-to-back short-seller reports that called the company a “colossal scam” and “a scheme.”</p>\n<p>The popular money manager bought 8.26 million shares — estimated to be worth $87.5 million — in the Boston, Massachusetts-based biotech company.</p>\n<p>Shares of the company, which sank as much as 24% during the day, pared the losses to close 11.6% lower at $10.59 a share on Wednesday.</p>\n<p>Ark Invest has been piling up shares in Ginkgo Bioworks, a company that specializes in using genetic engineering to produce bacteria with industrial applications since it began trading on the <b>New York Stock Exchange</b> last month.</p>\n<p>The asset management firm owns the stock via the <b>Ark Genomic RevolutionETF</b>(BATS:ARKG) and the <b>Ark Innovation ETF</b>.</p>\n<p>The two ETFs together held 26 million shares — worth $311.67 million — in Ginkgo Bioworks ahead of Wednesday’s trade.</p>\n<p>Besides Ark Invest,<b>BillGates</b> is the other known high-profile investor in the biotech company.</p>\n<p>Ginkgo Bioworks stock dived on Wednesday after short-seller <b>ScorpionCapital</b> alleged the company is a \"Frankenstein mash-up of the worst frauds.\" Later, <b>CitronResearch</b> called Ginkgo \"a scheme” and said the company’s recent $24 billion valuation is absurd given it raised capital in 2020 at roughly a $5 billion valuation.</p>\n<p>Here are some of the other key trades for Ark on Wednesday:</p>\n<ul>\n <li>Sold 63,135 shares — estimated to be worth $49.4 million — in <b>Tesla</b> <b>Inc</b>. Including the latest sale, Wood’s Ark Invest has sold shares worth about $768 million in the Elon Musk-led company. Ark Invest continues to count Tesla as its largest exposure despite the sale. Tesla stock closed 0.28% higher at $782.75 a share on Wednesday.</li>\n <li>Bought 13,256 shares — estimated to be worth $3.17 million — in the <b>Jack Dorsey</b>-led payments company <b>Square Inc</b>. Shares of the company closed 1.33% higher at $239.12 a share on Wednesday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","DNA":"Ginkgo Bioworks Holdings Inc.","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134458600","content_text":"Cathie Wood-led ArkInvest on Wednesday snapped up shares in Ginkgo Bioworks Holdings Inc on the day the synthetic biology company stock was hit hard by two back-to-back short-seller reports that called the company a “colossal scam” and “a scheme.”\nThe popular money manager bought 8.26 million shares — estimated to be worth $87.5 million — in the Boston, Massachusetts-based biotech company.\nShares of the company, which sank as much as 24% during the day, pared the losses to close 11.6% lower at $10.59 a share on Wednesday.\nArk Invest has been piling up shares in Ginkgo Bioworks, a company that specializes in using genetic engineering to produce bacteria with industrial applications since it began trading on the New York Stock Exchange last month.\nThe asset management firm owns the stock via the Ark Genomic RevolutionETF(BATS:ARKG) and the Ark Innovation ETF.\nThe two ETFs together held 26 million shares — worth $311.67 million — in Ginkgo Bioworks ahead of Wednesday’s trade.\nBesides Ark Invest,BillGates is the other known high-profile investor in the biotech company.\nGinkgo Bioworks stock dived on Wednesday after short-seller ScorpionCapital alleged the company is a \"Frankenstein mash-up of the worst frauds.\" Later, CitronResearch called Ginkgo \"a scheme” and said the company’s recent $24 billion valuation is absurd given it raised capital in 2020 at roughly a $5 billion valuation.\nHere are some of the other key trades for Ark on Wednesday:\n\nSold 63,135 shares — estimated to be worth $49.4 million — in Tesla Inc. Including the latest sale, Wood’s Ark Invest has sold shares worth about $768 million in the Elon Musk-led company. Ark Invest continues to count Tesla as its largest exposure despite the sale. Tesla stock closed 0.28% higher at $782.75 a share on Wednesday.\nBought 13,256 shares — estimated to be worth $3.17 million — in the Jack Dorsey-led payments company Square Inc. Shares of the company closed 1.33% higher at $239.12 a share on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823021262,"gmtCreate":1633566386775,"gmtModify":1633566386917,"author":{"id":"3585703494050257","authorId":"3585703494050257","name":"xprobe","avatar":"https://static.tigerbbs.com/c5db71719645fb486fdb0baf8303aa4b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Solid","listText":"Solid","text":"Solid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823021262","repostId":"2173948202","repostType":4,"repost":{"id":"2173948202","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":1633560167,"share":"https://www.laohu8.com/m/news/2173948202?lang=&edition=full","pubTime":"2021-10-07 06:42","market":"us","language":"en","title":"Wall Street ends higher on optimism about U.S. debt-ceiling deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2173948202","media":"Reuters","summary":"ADP shows U.S. private jobs pick up in September\nAmerican Airlines, Nucor fall on GS downgrades\n\n\nAf","content":"<ul>\n <li>ADP shows U.S. private jobs pick up in September</li>\n <li>American Airlines, Nucor fall on GS downgrades</li>\n</ul>\n<ul>\n <li>Affirm shares jumped closed up 20% after online lender partners with Target ahead of holiday shopping season</li>\n</ul>\n<ul>\n <li>Indexes: Dow +0.30%, S&P 500 +0.41%, Nasdaq +0.47%</li>\n</ul>\n<p>Oct 6 (Reuters) - Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default.</p>\n<p>Top U.S. Senate Republican Mitch McConnell said his party would support an extension of the federal debt ceiling into December. This would head off a historic default that would exact a heavy economic toll.</p>\n<p>\"McConnell made some dovish comments about temporarily extending the debt ceiling,\" said Jay Hatfield, founder and portfolio manager at Infrastructure Capital Advisors. \"That's going to be interpreted in the short-run as positive.\"</p>\n<p>McConnell's offer could provide an off-ramp to a months-long standoff between President Joe Biden's Democrats and McConnell's Republicans, who had been expected on Wednesday to block a third attempt by Senate Democrats to raise the $28.4 trillion debt ceiling.</p>\n<p>Stocks were lower for much of the session after a strong showing of private jobs in September fueled bets the Federal Reserve could start reining in monetary stimulus soon.</p>\n<p>The Dow Jones Industrial Average rose 0.3% to end at 34,416.99 points, while the S&P 500 gained 0.41% to 4,363.55.</p>\n<p>The Nasdaq Composite climbed 0.47% to 14,501.91.</p>\n<p>Mega-cap growth stocks Amazon and Microsoft both rose more than 1% after the benchmark U.S. 10-year Treasury yield retreated from three-month highs by early afternoon.</p>\n<p>The ADP National Employment Report showed private payrolls increased by 568,000 jobs last month. Economists polled by Reuters had forecast a rise of 428,000 jobs.</p>\n<p>\"Positive labor market data comes with the implication that the Fed can tighten policy at a quicker pace. But the fact that hiring is up shouldn't be discounted — it's definitely a good thing in terms of recovery,\" said Mike Loewengart, managing director, investment strategy at E*TRADE Financial.</p>\n<p>The more comprehensive non-farm payrolls data is due on Friday. It is expected to cement the case for the Fed's slowing of asset purchases.</p>\n<p>Oil prices hit multi-year highs early, but crude prices retreated from those highs while the S&P 500 energy sector index slid over 1%, the weakest performer among 11 sector indexes.</p>\n<p>American Airlines Group fell 4.33% after Goldman Sachs cut its rating on the carrier to \"sell\" from \"neutral\".</p>\n<p>Shares in steelmaker Nucor Corp dropped 2.75% after Goldman Sachs lowered its rating to \"neutral\" from \"buy\".</p>\n<p>Affirm shares jumped closed up 20% on Wednesday after retail chainTargetbegan offering its customers the online lender’s installment loan service for purchases of over $100.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.58-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 3 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 31 new highs and 241 new lows.</p>\n<p>Volume on U.S. exchanges was 10.6 billion shares, compared with the 11.0 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends higher on optimism about U.S. debt-ceiling deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends higher on optimism about U.S. debt-ceiling deal\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\">2021-10-07 06:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>ADP shows U.S. private jobs pick up in September</li>\n <li>American Airlines, Nucor fall on GS downgrades</li>\n</ul>\n<ul>\n <li>Affirm shares jumped closed up 20% after online lender partners with Target ahead of holiday shopping season</li>\n</ul>\n<ul>\n <li>Indexes: Dow +0.30%, S&P 500 +0.41%, Nasdaq +0.47%</li>\n</ul>\n<p>Oct 6 (Reuters) - Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default.</p>\n<p>Top U.S. Senate Republican Mitch McConnell said his party would support an extension of the federal debt ceiling into December. This would head off a historic default that would exact a heavy economic toll.</p>\n<p>\"McConnell made some dovish comments about temporarily extending the debt ceiling,\" said Jay Hatfield, founder and portfolio manager at Infrastructure Capital Advisors. \"That's going to be interpreted in the short-run as positive.\"</p>\n<p>McConnell's offer could provide an off-ramp to a months-long standoff between President Joe Biden's Democrats and McConnell's Republicans, who had been expected on Wednesday to block a third attempt by Senate Democrats to raise the $28.4 trillion debt ceiling.</p>\n<p>Stocks were lower for much of the session after a strong showing of private jobs in September fueled bets the Federal Reserve could start reining in monetary stimulus soon.</p>\n<p>The Dow Jones Industrial Average rose 0.3% to end at 34,416.99 points, while the S&P 500 gained 0.41% to 4,363.55.</p>\n<p>The Nasdaq Composite climbed 0.47% to 14,501.91.</p>\n<p>Mega-cap growth stocks Amazon and Microsoft both rose more than 1% after the benchmark U.S. 10-year Treasury yield retreated from three-month highs by early afternoon.</p>\n<p>The ADP National Employment Report showed private payrolls increased by 568,000 jobs last month. Economists polled by Reuters had forecast a rise of 428,000 jobs.</p>\n<p>\"Positive labor market data comes with the implication that the Fed can tighten policy at a quicker pace. But the fact that hiring is up shouldn't be discounted — it's definitely a good thing in terms of recovery,\" said Mike Loewengart, managing director, investment strategy at E*TRADE Financial.</p>\n<p>The more comprehensive non-farm payrolls data is due on Friday. It is expected to cement the case for the Fed's slowing of asset purchases.</p>\n<p>Oil prices hit multi-year highs early, but crude prices retreated from those highs while the S&P 500 energy sector index slid over 1%, the weakest performer among 11 sector indexes.</p>\n<p>American Airlines Group fell 4.33% after Goldman Sachs cut its rating on the carrier to \"sell\" from \"neutral\".</p>\n<p>Shares in steelmaker Nucor Corp dropped 2.75% after Goldman Sachs lowered its rating to \"neutral\" from \"buy\".</p>\n<p>Affirm shares jumped closed up 20% on Wednesday after retail chainTargetbegan offering its customers the online lender’s installment loan service for purchases of over $100.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.58-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 3 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 31 new highs and 241 new lows.</p>\n<p>Volume on U.S. exchanges was 10.6 billion shares, compared with the 11.0 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","AFRM":"Affirm Holdings, Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","COMP":"Compass, Inc.",".SPX":"S&P 500 Index","OEX":"标普100","AMZN":"亚马逊","NUE":"纽柯钢铁","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares","AAL":"美国航空","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173948202","content_text":"ADP shows U.S. private jobs pick up in September\nAmerican Airlines, Nucor fall on GS downgrades\n\n\nAffirm shares jumped closed up 20% after online lender partners with Target ahead of holiday shopping season\n\n\nIndexes: Dow +0.30%, S&P 500 +0.41%, Nasdaq +0.47%\n\nOct 6 (Reuters) - Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default.\nTop U.S. Senate Republican Mitch McConnell said his party would support an extension of the federal debt ceiling into December. This would head off a historic default that would exact a heavy economic toll.\n\"McConnell made some dovish comments about temporarily extending the debt ceiling,\" said Jay Hatfield, founder and portfolio manager at Infrastructure Capital Advisors. \"That's going to be interpreted in the short-run as positive.\"\nMcConnell's offer could provide an off-ramp to a months-long standoff between President Joe Biden's Democrats and McConnell's Republicans, who had been expected on Wednesday to block a third attempt by Senate Democrats to raise the $28.4 trillion debt ceiling.\nStocks were lower for much of the session after a strong showing of private jobs in September fueled bets the Federal Reserve could start reining in monetary stimulus soon.\nThe Dow Jones Industrial Average rose 0.3% to end at 34,416.99 points, while the S&P 500 gained 0.41% to 4,363.55.\nThe Nasdaq Composite climbed 0.47% to 14,501.91.\nMega-cap growth stocks Amazon and Microsoft both rose more than 1% after the benchmark U.S. 10-year Treasury yield retreated from three-month highs by early afternoon.\nThe ADP National Employment Report showed private payrolls increased by 568,000 jobs last month. Economists polled by Reuters had forecast a rise of 428,000 jobs.\n\"Positive labor market data comes with the implication that the Fed can tighten policy at a quicker pace. But the fact that hiring is up shouldn't be discounted — it's definitely a good thing in terms of recovery,\" said Mike Loewengart, managing director, investment strategy at E*TRADE Financial.\nThe more comprehensive non-farm payrolls data is due on Friday. It is expected to cement the case for the Fed's slowing of asset purchases.\nOil prices hit multi-year highs early, but crude prices retreated from those highs while the S&P 500 energy sector index slid over 1%, the weakest performer among 11 sector indexes.\nAmerican Airlines Group fell 4.33% after Goldman Sachs cut its rating on the carrier to \"sell\" from \"neutral\".\nShares in steelmaker Nucor Corp dropped 2.75% after Goldman Sachs lowered its rating to \"neutral\" from \"buy\".\nAffirm shares jumped closed up 20% on Wednesday after retail chainTargetbegan offering its customers the online lender’s installment loan service for purchases of over $100.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.58-to-1 ratio favored decliners.\nThe S&P 500 posted 3 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 31 new highs and 241 new lows.\nVolume on U.S. exchanges was 10.6 billion shares, compared with the 11.0 billion average 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