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Apple: Does It Make Sense To Enter The Car Industry?

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While this may make sense from a technological perspective, if the Apple Car is truly innovative about the battery and autonomous driving capabilities, from a financial standpoint it may have less bright prospects.</p>\n<p><b>Background</b></p>\n<p>As I’ve analyzed in my previous article “Apple: Its Valuation Is Justified By Higher Exposure To Services”, Apple is a great long-term investment due to several competitive advantages over peers, which aren’t expected to be challenged in the coming years.</p>\n<p>However, one area that Apple has been struggling a little bit over the past few years is innovation and offering new products to consumers. The company is failing to bring anything really new to the market and competitors are pushing ahead in some areas like the folding phone that<b>Samsung Electronics</b>(OTC:SSNLF) and Huawei already have while Apple is only expected to offer a foldable phone maybe in the next couple of years.</p>\n<p>More recently, its growth strategy has been focused on wearables and services, which have increased the weight on total revenues in a significant way. Nevertheless, Apple has not launched a new major product for some years, which has increasingly led to questions about if Apple still has the capacity to innovate or if over the long term Apple will take the footsteps of other large technology companies that have lost a dominant position in their industry, such as<b>IBM</b>(IBM).</p>\n<p>There has been some speculation about new products, with the Apple Car being one of the most widely speculated products to be launched in the near future. In recent weeks, speculation has increased that Apple will indeed go ahead with the Apple Car project, as news came out about potential agreements with suppliers for the assembly of the car and the production of batteries.</p>\n<p><b>Apple Car – Product/Technological Perspective</b></p>\n<p>Even though there isn’t much official data from Apple about its car project, this is a topic that has been widely discussed over recent years and some details appear to be more or less certain regarding theApple Car.</p>\n<p>What is generally expected is that this will be an Apple-branded car, with an electric engine and autonomous driving capabilities. Also, Apple supposedly wants the car to be built in the U.S. and most likely this will compete in the high-end or luxury automotive segment.</p>\n<p><img src=\"https://static.tigerbbs.com/5d7baf656d54748e0064b03b97f6caa6\" tg-width=\"660\" tg-height=\"395\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: notebookcheck.info</i></p>\n<p>The Apple Car may be launched in three to six years and Apple is reportedly in advanced terms with some suppliers to produce the car and its electric batteries. This means that Apple will likely take most control of hardware and software that goes into the car, but not so much about the production side of it.</p>\n<p>Indeed, there has been some news about apotential agreementbetween Apple and<b>Hyundai-Kia</b>(OTCPK:HYMPY) for the production of the Apple Car, probably in the carmaker’s assembly plant in West Point, Georgia. However, these discussions have reportedly been terminated and also there have been rumors about a potential agreement with<b>Magna International</b>(MGA) and LG for the production of the Apple Car, but so far, this still seems to be in discussion.</p>\n<p>More recently, there has been somenews regarding the battery, with a potential deal with Chinese producers in the making. Reportedly, Apple is in discussions with<b>BYD</b>(OTCPK:BYDDY) and CATL for the production of electric batteries, with building U.S. manufacturing facilities in the U.S. a condition to reach an agreement.</p>\n<p>Apple intends to make the battery a key distinctive factor of the Apple Car over competitors, favoring lithium iron phosphate batteries, instead of lithium-ion, as they are cheaper to build because they don’t use nickel or cobalt. Therefore, it is very important to select a supplier with experience in this field that has the capacity to build with good quality, something that these Chinese suppliers already have.</p>\n<p>From a technological standpoint, this is where Apple most likely can have some competitive advantage over traditional original equipment manufacturers (OEMs) and<b>Tesla</b>(TSLA), with a likely deep integration with its iOS software.</p>\n<p>This means that from an ‘ecosystem’ perspective, the Apple Car may make sense, given that in the future, it is expected that cars will drive by themselves and people will spend much of their time in the car using infotainment or other electronic devices for entertainment. Obviously, this is something that may take a while to happen as it requires a ‘full driving car’ capability, which would be a significant leap forward compared to what current autonomous driving systems can accomplish.</p>\n<p>If Apple can indeed reach such a level of self-driving capabilities, it may be the first to offer a robotaxi service which would be important in the future mobility market, even though it does not necessarily mean a competitive advantage over other tech/auto companies. Tesla also has the same strategy of developing its FSD system and offer robotaxi services, while<b>Uber Technologies</b>(UBER) and other tech companies are also developing autonomous driving systems, thus competition in this field will certainly be fierce in the future.</p>\n<p>If from a technological perspective an Apple Car may make some sense due to Apple’s technological leadership and potential integration with its other products and services, from a financial perspective, it may be different.</p>\n<p><b>Apple Car – Financial Perspective</b></p>\n<p>In my opinion, Apple’s move into the car business is more an ‘ecosystem’ approach rather than pushing for a new product that can boost Apple’s financial figures in a significant way because the automotive business is a low-margin and capital-intensive business, not being particularly attractive for a company that has a very strong financial profile like Apple.</p>\n<p>The first burden to its financials is that developing a car is quite expensive and there is no guarantee of success, as Apple is entering a new market. If demand is not there for an Apple Car, this means that the company will lose billions of dollars in this project, which could instead have been used elsewhere. The automotive industry has some good examples of how things can turn out badly, like the<b>Volkswagen</b>(OTCPK:VWAGY) Phaeton model in which the German carmaker wanted to enter the luxury market, but haslost about $1 billionin this model alone.</p>\n<p><img src=\"https://static.tigerbbs.com/25796c6ab6e9dc77fd3202621ee961da\" tg-width=\"283\" tg-height=\"338\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Wikipedia</i></p>\n<p>Even though Apple has an excellent consumer brand globally, it is not exactly the same thing to sell $1,500 smartphones and $100,000 cars. Thus, there is a significant risk for Apple that consumers may continue to prefer a Tesla, Audi(OTCPK:AUDVF), BMW(OTCPK:BMWYY), or Mercedes rather than an Apple-branded car in the high-end to luxury segment, just like it happened with the VW Phaeton.</p>\n<p>If an Apple Car does not reach enough sales volume, it means that most likely Apple will lose a good part of the money it has invested in the car’s development. It is not possible to know how much Apple is spending on research &amp; development (R&amp;D) related to the Apple Car project, but certainly, it is already spending billions per year. If the Apple Car eventually does not go ahead, this spending will not be possible to fully monetize. On the other hand, it may lead to a more advanced autonomous driving system than competitors and Apple may sell it to other carmakers, at least monetizing some part of its investment.</p>\n<p>Even assuming that the car is successful and has good sales volumes, this is a project that is expected to generate below-average profitability for Apple, being therefore a questionable path for the company over the long term.</p>\n<p>This may happen because the car industry’s profitability is not impressive, and compared to Apple’s business segments, an Apple Car should have among the lowest gross margins.In the last year, Apple’s gross margin was 38.2%, with the Products segment reporting a gross margin of 31.5% while Services had a gross margin of 66%.</p>\n<p>In the automotive business, Tesla has a gross margin of about 21%, while the German premium carmakers have gross margins between 15-20%, thus an Apple Car should not have a much different gross margin. This will clearly be a relatively low-margin product for Apple, being completely contrary to its recent strategy to push growth in the Services segment that has above-average profitability.</p>\n<p>However, the Apple Car most likely will compete with high-end models, like the Tesla Model S, and most likely Apple will not want to become a mass-market carmaker in the foreseeable future, which means that unit sales should be somewhat limited even if the car is successful.</p>\n<p>It is difficult to forecast how many cars Apple will be able to sell per year, but assuming 150,000 units per year in the first years and an average selling price of about $100,000, this will generate some $15 billion in sales per year. Considering that Apple generated about $275 billion in revenues last year, this shows that an Apple Car should have a limited impact on the company’s financial figures and a weight of less than 5% of its total revenues.</p>\n<p><b>Conclusion</b></p>\n<p>Apple is a great company and historically innovation has been one of its key strengths, a situation that has changed in recent years as the company has struggled to offer new products that make a real impact. An Apple Car seems to make some sense from an ‘ecosystem’ perspective, and if Apple is able to reach full autonomous driving capabilities, it will be ahead of competition.</p>\n<p>On the other hand, from a financial perceptive, this is not so much compelling because it requires significant investments and the automotive industry has much lower profitability than the rest of its business. Apple is a great company, but it doesn’t need to do everything and an Apple Car seems to be a project with a risk-reward profile that is more geared to the downside as it requires big financial commitments and returns may be lower than for its other products.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Does It Make Sense To Enter The Car Industry?</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\">\nApple: Does It Make Sense To Enter The Car Industry?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple is a great company, but has struggled to truly innovate in recent years.\nAn Apple Car is increasingly expected to be its next ‘big thing’, but there are considerable risks.\nFrom a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1128236138","content_text":"Summary\n\nApple is a great company, but has struggled to truly innovate in recent years.\nAn Apple Car is increasingly expected to be its next ‘big thing’, but there are considerable risks.\nFrom a technological perspective, it may make sense to produce a car, but from a financial perspective, it is not so much compelling.\n\nApple(AAPL) has been struggling to bring innovative products over recent years and much expectation has been created about its Apple Car project. While this may make sense from a technological perspective, if the Apple Car is truly innovative about the battery and autonomous driving capabilities, from a financial standpoint it may have less bright prospects.\nBackground\nAs I’ve analyzed in my previous article “Apple: Its Valuation Is Justified By Higher Exposure To Services”, Apple is a great long-term investment due to several competitive advantages over peers, which aren’t expected to be challenged in the coming years.\nHowever, one area that Apple has been struggling a little bit over the past few years is innovation and offering new products to consumers. The company is failing to bring anything really new to the market and competitors are pushing ahead in some areas like the folding phone thatSamsung Electronics(OTC:SSNLF) and Huawei already have while Apple is only expected to offer a foldable phone maybe in the next couple of years.\nMore recently, its growth strategy has been focused on wearables and services, which have increased the weight on total revenues in a significant way. Nevertheless, Apple has not launched a new major product for some years, which has increasingly led to questions about if Apple still has the capacity to innovate or if over the long term Apple will take the footsteps of other large technology companies that have lost a dominant position in their industry, such asIBM(IBM).\nThere has been some speculation about new products, with the Apple Car being one of the most widely speculated products to be launched in the near future. In recent weeks, speculation has increased that Apple will indeed go ahead with the Apple Car project, as news came out about potential agreements with suppliers for the assembly of the car and the production of batteries.\nApple Car – Product/Technological Perspective\nEven though there isn’t much official data from Apple about its car project, this is a topic that has been widely discussed over recent years and some details appear to be more or less certain regarding theApple Car.\nWhat is generally expected is that this will be an Apple-branded car, with an electric engine and autonomous driving capabilities. Also, Apple supposedly wants the car to be built in the U.S. and most likely this will compete in the high-end or luxury automotive segment.\n\nSource: notebookcheck.info\nThe Apple Car may be launched in three to six years and Apple is reportedly in advanced terms with some suppliers to produce the car and its electric batteries. This means that Apple will likely take most control of hardware and software that goes into the car, but not so much about the production side of it.\nIndeed, there has been some news about apotential agreementbetween Apple andHyundai-Kia(OTCPK:HYMPY) for the production of the Apple Car, probably in the carmaker’s assembly plant in West Point, Georgia. However, these discussions have reportedly been terminated and also there have been rumors about a potential agreement withMagna International(MGA) and LG for the production of the Apple Car, but so far, this still seems to be in discussion.\nMore recently, there has been somenews regarding the battery, with a potential deal with Chinese producers in the making. Reportedly, Apple is in discussions withBYD(OTCPK:BYDDY) and CATL for the production of electric batteries, with building U.S. manufacturing facilities in the U.S. a condition to reach an agreement.\nApple intends to make the battery a key distinctive factor of the Apple Car over competitors, favoring lithium iron phosphate batteries, instead of lithium-ion, as they are cheaper to build because they don’t use nickel or cobalt. Therefore, it is very important to select a supplier with experience in this field that has the capacity to build with good quality, something that these Chinese suppliers already have.\nFrom a technological standpoint, this is where Apple most likely can have some competitive advantage over traditional original equipment manufacturers (OEMs) andTesla(TSLA), with a likely deep integration with its iOS software.\nThis means that from an ‘ecosystem’ perspective, the Apple Car may make sense, given that in the future, it is expected that cars will drive by themselves and people will spend much of their time in the car using infotainment or other electronic devices for entertainment. Obviously, this is something that may take a while to happen as it requires a ‘full driving car’ capability, which would be a significant leap forward compared to what current autonomous driving systems can accomplish.\nIf Apple can indeed reach such a level of self-driving capabilities, it may be the first to offer a robotaxi service which would be important in the future mobility market, even though it does not necessarily mean a competitive advantage over other tech/auto companies. Tesla also has the same strategy of developing its FSD system and offer robotaxi services, whileUber Technologies(UBER) and other tech companies are also developing autonomous driving systems, thus competition in this field will certainly be fierce in the future.\nIf from a technological perspective an Apple Car may make some sense due to Apple’s technological leadership and potential integration with its other products and services, from a financial perspective, it may be different.\nApple Car – Financial Perspective\nIn my opinion, Apple’s move into the car business is more an ‘ecosystem’ approach rather than pushing for a new product that can boost Apple’s financial figures in a significant way because the automotive business is a low-margin and capital-intensive business, not being particularly attractive for a company that has a very strong financial profile like Apple.\nThe first burden to its financials is that developing a car is quite expensive and there is no guarantee of success, as Apple is entering a new market. If demand is not there for an Apple Car, this means that the company will lose billions of dollars in this project, which could instead have been used elsewhere. The automotive industry has some good examples of how things can turn out badly, like theVolkswagen(OTCPK:VWAGY) Phaeton model in which the German carmaker wanted to enter the luxury market, but haslost about $1 billionin this model alone.\n\nSource: Wikipedia\nEven though Apple has an excellent consumer brand globally, it is not exactly the same thing to sell $1,500 smartphones and $100,000 cars. Thus, there is a significant risk for Apple that consumers may continue to prefer a Tesla, Audi(OTCPK:AUDVF), BMW(OTCPK:BMWYY), or Mercedes rather than an Apple-branded car in the high-end to luxury segment, just like it happened with the VW Phaeton.\nIf an Apple Car does not reach enough sales volume, it means that most likely Apple will lose a good part of the money it has invested in the car’s development. It is not possible to know how much Apple is spending on research & development (R&D) related to the Apple Car project, but certainly, it is already spending billions per year. If the Apple Car eventually does not go ahead, this spending will not be possible to fully monetize. On the other hand, it may lead to a more advanced autonomous driving system than competitors and Apple may sell it to other carmakers, at least monetizing some part of its investment.\nEven assuming that the car is successful and has good sales volumes, this is a project that is expected to generate below-average profitability for Apple, being therefore a questionable path for the company over the long term.\nThis may happen because the car industry’s profitability is not impressive, and compared to Apple’s business segments, an Apple Car should have among the lowest gross margins.In the last year, Apple’s gross margin was 38.2%, with the Products segment reporting a gross margin of 31.5% while Services had a gross margin of 66%.\nIn the automotive business, Tesla has a gross margin of about 21%, while the German premium carmakers have gross margins between 15-20%, thus an Apple Car should not have a much different gross margin. This will clearly be a relatively low-margin product for Apple, being completely contrary to its recent strategy to push growth in the Services segment that has above-average profitability.\nHowever, the Apple Car most likely will compete with high-end models, like the Tesla Model S, and most likely Apple will not want to become a mass-market carmaker in the foreseeable future, which means that unit sales should be somewhat limited even if the car is successful.\nIt is difficult to forecast how many cars Apple will be able to sell per year, but assuming 150,000 units per year in the first years and an average selling price of about $100,000, this will generate some $15 billion in sales per year. Considering that Apple generated about $275 billion in revenues last year, this shows that an Apple Car should have a limited impact on the company’s financial figures and a weight of less than 5% of its total revenues.\nConclusion\nApple is a great company and historically innovation has been one of its key strengths, a situation that has changed in recent years as the company has struggled to offer new products that make a real impact. An Apple Car seems to make some sense from an ‘ecosystem’ perspective, and if Apple is able to reach full autonomous driving capabilities, it will be ahead of competition.\nOn the other hand, from a financial perceptive, this is not so much compelling because it requires significant investments and the automotive industry has much lower profitability than the rest of its business. Apple is a great company, but it doesn’t need to do everything and an Apple Car seems to be a project with a risk-reward profile that is more geared to the downside as it requires big financial commitments and returns may be lower than for its other products.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121985891,"gmtCreate":1624449664513,"gmtModify":1631889213373,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121985891","repostId":"1112493847","repostType":4,"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982775,"gmtCreate":1624449648397,"gmtModify":1631889213378,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Pls keep it","listText":"Pls keep it","text":"Pls keep it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982775","repostId":"1136966718","repostType":4,"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982292,"gmtCreate":1624449629216,"gmtModify":1631889213379,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982292","repostId":"1177243335","repostType":4,"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982829,"gmtCreate":1624449614261,"gmtModify":1631889213381,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Go up","listText":"Go up","text":"Go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982829","repostId":"1115716980","repostType":4,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121986461,"gmtCreate":1624449590453,"gmtModify":1631889213382,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121986461","repostId":"1119094763","repostType":4,"repost":{"id":"1119094763","kind":"news","pubTimestamp":1624440866,"share":"https://www.laohu8.com/m/news/1119094763?lang=&edition=full","pubTime":"2021-06-23 17:34","market":"us","language":"en","title":"MicroVision Simply Is Not What It Was Billed To Be","url":"https://stock-news.laohu8.com/highlight/detail?id=1119094763","media":"InvestorPlace","summary":"MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withM","content":"<blockquote>\n MVIS stock isn't interesting unless you like meme stocks.\n</blockquote>\n<p>Investors who chose to get on board with<b>MicroVision</b>(NASDAQ:<b><u>MVIS</u></b>) stock now would be making an unwise decision.</p>\n<p><img src=\"https://static.tigerbbs.com/4f02ec22da7110e7f4d830af83f2ec2d\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>There are ample reasons to be bearish on MicroVision moving forward. Despite having said that, the upside down dynamics of today’s market mean that it could stagnate at its current overvalued price, or even rise.</p>\n<p>That’s a good place to start.</p>\n<p><b>Reddit Fan Favorite</b></p>\n<p>MVIS stock is often talked about on the<b>Reddit</b>forumr/WallStreetBets,which is enough these days to keep fundamentally weak equities afloat.</p>\n<p>This has occurred multiple times this year and continues to keep shares well above where they might otherwise be in normal times. The fact is that MicroVision shares are heavily shorted with currentshort interest sitting at 21.5%. This is serving to prop prices up.</p>\n<p>If the Redditors are correct, they can affect ashort squeezecausing prices to spike making these highly speculative investors massive returns very quickly.</p>\n<p>The more conservative school of thought is that now is a good time to take some profits off the table for those who established positions months earlier.</p>\n<p>That would be my suggestion. But, I realize that Redditors and<b>Robinhood</b>investors are prone to holding, or perhaps it’s holding as well as unified action. Even so, there are multiple signs that point to a bearish position on MVIS being a prudent one.</p>\n<p>So, why should investors be bearish on MVIS right now?</p>\n<p><b>MicroVision Isn’t Living Up to Its Promise</b></p>\n<p>Back in February, MicroVision released news that precipitated the run up in its share price. On Feb. 10 it announced that it was making progress on its light-detection-and-ranging (lidar) technology. Within the span of a week it had gone from about $7 to above $23.</p>\n<p>The company also announced that it would likely be able to produce a working prototype of its long-range lidar technology by April, which disappointed.</p>\n<p>But despite nearly non-existent sales, it managed only $479,000 in the first quarter, MicroVision remains a darling of the Redditor crowd.</p>\n<p>That’s partly because the promise of lidar largely hinges upon the fate of<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>). Tesla has famously been a staunch proponent of computer vision in its vehicles rather than lidar. But recent events indicated that lidar could indeed be the way forward as EV autonomy evolves.</p>\n<p><b>Tesla</b></p>\n<p>A Tesla was photographed a few months ago in Florida sporting lidar sensors from<b>Luminar</b>(NASDAQ:<b><u>LAZR</u></b>). Tesla did not indicate that the partnership means its computer vision aspirations are over. Rather, itcalled the partnershipuseful for the purpose of “testing and developing.”</p>\n<p>For MicroVision, this could have been interpreted multiple ways. On the one hand, it clearly indicates that lidar has a future in vehicle autonomy as many pundits have long suspected. However, Tesla’s choice of Luminar as a partner indicates MicroVision is likely not the leader in the field many expected it to become.</p>\n<p>In fact, it’s much closer to a company that should trade in penny stock territory than one deserving of a $22 share price and $3.2 billion in market capitalization.</p>\n<p>The two analysts covering MVIS stock each give it a shockingly low price target of 25 cents. That’s more than 80x where it currently trades at.</p>\n<p>It’s one example of what happens when the internet amplifies the attractiveness of an object that should appear much less shiny.</p>\n<p><b>The Bottom Line on MVIS Stock</b></p>\n<p>Even though Reddit will prop MVIS stock up for now, I suspect MicroVision is simply going to continue what it has done throughout its corporate life. That is, pivot and attempt to commercialize a new technology.</p>\n<p>It did raise nearly $49 million through an at-the-market sale of common stock when it popped in February. And it does have $75 million in free cash according to its10-Q. It has also flat out stated that it is looking to be purchased or could merge.</p>","source":"lsy1606302653667","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>MicroVision Simply Is Not What It Was Billed To Be</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\">\nMicroVision Simply Is Not What It Was Billed To Be\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withMicroVision(NASDAQ:MVIS) stock now would be making an unwise decision.\nSource: Shutterstock\nThere are...</p>\n\n<a href=\"https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MVIS":"维视图像"},"source_url":"https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119094763","content_text":"MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withMicroVision(NASDAQ:MVIS) stock now would be making an unwise decision.\nSource: Shutterstock\nThere are ample reasons to be bearish on MicroVision moving forward. Despite having said that, the upside down dynamics of today’s market mean that it could stagnate at its current overvalued price, or even rise.\nThat’s a good place to start.\nReddit Fan Favorite\nMVIS stock is often talked about on theRedditforumr/WallStreetBets,which is enough these days to keep fundamentally weak equities afloat.\nThis has occurred multiple times this year and continues to keep shares well above where they might otherwise be in normal times. The fact is that MicroVision shares are heavily shorted with currentshort interest sitting at 21.5%. This is serving to prop prices up.\nIf the Redditors are correct, they can affect ashort squeezecausing prices to spike making these highly speculative investors massive returns very quickly.\nThe more conservative school of thought is that now is a good time to take some profits off the table for those who established positions months earlier.\nThat would be my suggestion. But, I realize that Redditors andRobinhoodinvestors are prone to holding, or perhaps it’s holding as well as unified action. Even so, there are multiple signs that point to a bearish position on MVIS being a prudent one.\nSo, why should investors be bearish on MVIS right now?\nMicroVision Isn’t Living Up to Its Promise\nBack in February, MicroVision released news that precipitated the run up in its share price. On Feb. 10 it announced that it was making progress on its light-detection-and-ranging (lidar) technology. Within the span of a week it had gone from about $7 to above $23.\nThe company also announced that it would likely be able to produce a working prototype of its long-range lidar technology by April, which disappointed.\nBut despite nearly non-existent sales, it managed only $479,000 in the first quarter, MicroVision remains a darling of the Redditor crowd.\nThat’s partly because the promise of lidar largely hinges upon the fate ofTesla(NASDAQ:TSLA). Tesla has famously been a staunch proponent of computer vision in its vehicles rather than lidar. But recent events indicated that lidar could indeed be the way forward as EV autonomy evolves.\nTesla\nA Tesla was photographed a few months ago in Florida sporting lidar sensors fromLuminar(NASDAQ:LAZR). Tesla did not indicate that the partnership means its computer vision aspirations are over. Rather, itcalled the partnershipuseful for the purpose of “testing and developing.”\nFor MicroVision, this could have been interpreted multiple ways. On the one hand, it clearly indicates that lidar has a future in vehicle autonomy as many pundits have long suspected. However, Tesla’s choice of Luminar as a partner indicates MicroVision is likely not the leader in the field many expected it to become.\nIn fact, it’s much closer to a company that should trade in penny stock territory than one deserving of a $22 share price and $3.2 billion in market capitalization.\nThe two analysts covering MVIS stock each give it a shockingly low price target of 25 cents. That’s more than 80x where it currently trades at.\nIt’s one example of what happens when the internet amplifies the attractiveness of an object that should appear much less shiny.\nThe Bottom Line on MVIS Stock\nEven though Reddit will prop MVIS stock up for now, I suspect MicroVision is simply going to continue what it has done throughout its corporate life. That is, pivot and attempt to commercialize a new technology.\nIt did raise nearly $49 million through an at-the-market sale of common stock when it popped in February. And it does have $75 million in free cash according to its10-Q. It has also flat out stated that it is looking to be purchased or could merge.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121986609,"gmtCreate":1624449576801,"gmtModify":1631889213385,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121986609","repostId":"2145245069","repostType":4,"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121915524,"gmtCreate":1624449152368,"gmtModify":1631889213389,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121915524","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121912181,"gmtCreate":1624449057143,"gmtModify":1631889213393,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes good!","listText":"Yes good!","text":"Yes good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121912181","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121916980,"gmtCreate":1624448992940,"gmtModify":1631892014202,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo!","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo!","text":"$Apple(AAPL)$Gogogo!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121916980","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121934122,"gmtCreate":1624448572466,"gmtModify":1631892014213,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121934122","repostId":"1174672721","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":125853394,"gmtCreate":1624668708518,"gmtModify":1631889213367,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125853394","repostId":"2146073358","repostType":4,"repost":{"id":"2146073358","kind":"highlight","pubTimestamp":1624628400,"share":"https://www.laohu8.com/m/news/2146073358?lang=&edition=full","pubTime":"2021-06-25 21:40","market":"us","language":"en","title":"These 3 Stocks Will Double -- If You Trust Wall Street's Bulls","url":"https://stock-news.laohu8.com/highlight/detail?id=2146073358","media":"Motley Fool","summary":"Looking for big winners can be a rewarding pursuit.","content":"<blockquote>\n Looking for big winners can be a rewarding pursuit.\n</blockquote>\n<p>Most investors find that the bulk of their returns come from just a few of their investments. When you can find stocks that have the potential to produce amazing results, it can be a game changer for your entire investing strategy.</p>\n<p>Wall Street analysts definitely aren't the end-all and be-all of investing. They're just as fallible as any other investor. However, using analyst research as a starting point for your own consideration of a stock can be a smart move.</p>\n<p>Below, we'll take a closer look at threetech stocksthat Wall Street's most optimistic analysts believe will double, with an eye toward deciding whether their bullish views are realistic.</p>\n<h3>1. Baidu</h3>\n<p><b>Baidu</b>(NASDAQ:BIDU)has been a stock market favorite for a long time, but the stock has been exceptionally volatile in recent years. The Chinese internet-search specialist saw its share price soar from 2013 to 2018, only to lose 75% between 2018 and 2020. Even in just the past several months, Baidu's stock has been exceptionally volatile, with shares tripling between October and February and then falling by nearly half since then.</p>\n<p>Some analysts are still optimistic about Baidu's prospects. With shares trading at around $195, the top price target on Wall Street, which comes from<b>Barclays</b>, is $400 per share. That would be more than a double from current levels.</p>\n<p>The key to Baidu's renaissance in the eyes of Barclays is its success in working on artificial intelligence and cloud computing. For years,Baidu coasted on its internet-search success, allowing its peers in the Chinese internet space to pass it by. However, Barclays is optimistic that Baidu can catch up, with initiatives like the Apollo software platform for autonomous vehicles paving the way for new growth.</p>\n<p>Concerns that Baidu and other Chinese stocks might get delisted from U.S. stock exchanges are fading fast, and that's cluing value investors into the potential these companies have. WithBaidu offering a relative bargain, the Chinese internet stock looks attractive.</p>\n<h3>2. Micron Technology</h3>\n<p>Soaring demand for computing capacity has sent prices of memory chips soaring, and that's been a big boon for<b>Micron Technology</b>(NASDAQ:MU). The stock price doubled between September 2020 and April 2021, and despite a small pullback, longtime Micron shareholders have held onto most of their gains.</p>\n<p>Yet analysts see more upside ahead. The most ambitious, Rosenblatt Securities, believesMicron stock could gofrom its current level around $81 per share to $165 over the next year.</p>\n<p>The big question for Micron is how long the upward cycle in the semiconductor chip market will last. The industry is notoriously cyclical, with companies like Micron responding to shortages like this by dramatically boosting production capacity. Inevitably, the result is a glut of chips when market conditions normalize, and that creates huge waves in earnings that make apparently cheap multiples look like value traps when industry conditions turn downward.</p>\n<p>For now, though, all signs point to continued strong demand. With chip shortages still reported in several key markets, Micron could have a long way to climb before overcapacity rears its ugly head and leads to an intermediate-term top for the stock.</p>\n<h3>3. Splunk</h3>\n<p>Last but not least,<b>Splunk</b>(NASDAQ:SPLK)has been a volatile stock lately. The data-analytics company recently saw its stock drop back to its March 2020 lows. Even after a sizable bounce, shares remain between 30% and 40% below their best levels from last summer.</p>\n<p>Yet some analysts see a big recovery coming from Splunk. The most optimistic pick forecasts a rise to $300 per share, which would be an all-time high for the stock.</p>\n<p>Splunk recently made news with a big vote of confidencefrom a major institutional investor. Private equity company Silver Lake made a $1 billion investment in the company, purchasing convertible notes that will give Silver Lake the ability to profit from future share-price increases. Splunk intends to take the $1 billion in proceeds to buy back shares, recognizing its own opinion that its stock is undervalued.</p>\n<p>Data analytics has been highly competitive, andSplunk hasn't been able to keep up with some of its peers. However, if the company can restart its growth engines and start catching up with the competition, it could see its stock price reflect more optimism.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Stocks Will Double -- If You Trust Wall Street's Bulls</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\">\nThese 3 Stocks Will Double -- If You Trust Wall Street's Bulls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 21:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/25/these-3-stocks-will-double-trust-wall-street-bulls/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Looking for big winners can be a rewarding pursuit.\n\nMost investors find that the bulk of their returns come from just a few of their investments. When you can find stocks that have the potential to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/25/these-3-stocks-will-double-trust-wall-street-bulls/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc","MU":"美光科技","BIDU":"百度"},"source_url":"https://www.fool.com/investing/2021/06/25/these-3-stocks-will-double-trust-wall-street-bulls/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146073358","content_text":"Looking for big winners can be a rewarding pursuit.\n\nMost investors find that the bulk of their returns come from just a few of their investments. When you can find stocks that have the potential to produce amazing results, it can be a game changer for your entire investing strategy.\nWall Street analysts definitely aren't the end-all and be-all of investing. They're just as fallible as any other investor. However, using analyst research as a starting point for your own consideration of a stock can be a smart move.\nBelow, we'll take a closer look at threetech stocksthat Wall Street's most optimistic analysts believe will double, with an eye toward deciding whether their bullish views are realistic.\n1. Baidu\nBaidu(NASDAQ:BIDU)has been a stock market favorite for a long time, but the stock has been exceptionally volatile in recent years. The Chinese internet-search specialist saw its share price soar from 2013 to 2018, only to lose 75% between 2018 and 2020. Even in just the past several months, Baidu's stock has been exceptionally volatile, with shares tripling between October and February and then falling by nearly half since then.\nSome analysts are still optimistic about Baidu's prospects. With shares trading at around $195, the top price target on Wall Street, which comes fromBarclays, is $400 per share. That would be more than a double from current levels.\nThe key to Baidu's renaissance in the eyes of Barclays is its success in working on artificial intelligence and cloud computing. For years,Baidu coasted on its internet-search success, allowing its peers in the Chinese internet space to pass it by. However, Barclays is optimistic that Baidu can catch up, with initiatives like the Apollo software platform for autonomous vehicles paving the way for new growth.\nConcerns that Baidu and other Chinese stocks might get delisted from U.S. stock exchanges are fading fast, and that's cluing value investors into the potential these companies have. WithBaidu offering a relative bargain, the Chinese internet stock looks attractive.\n2. Micron Technology\nSoaring demand for computing capacity has sent prices of memory chips soaring, and that's been a big boon forMicron Technology(NASDAQ:MU). The stock price doubled between September 2020 and April 2021, and despite a small pullback, longtime Micron shareholders have held onto most of their gains.\nYet analysts see more upside ahead. The most ambitious, Rosenblatt Securities, believesMicron stock could gofrom its current level around $81 per share to $165 over the next year.\nThe big question for Micron is how long the upward cycle in the semiconductor chip market will last. The industry is notoriously cyclical, with companies like Micron responding to shortages like this by dramatically boosting production capacity. Inevitably, the result is a glut of chips when market conditions normalize, and that creates huge waves in earnings that make apparently cheap multiples look like value traps when industry conditions turn downward.\nFor now, though, all signs point to continued strong demand. With chip shortages still reported in several key markets, Micron could have a long way to climb before overcapacity rears its ugly head and leads to an intermediate-term top for the stock.\n3. Splunk\nLast but not least,Splunk(NASDAQ:SPLK)has been a volatile stock lately. The data-analytics company recently saw its stock drop back to its March 2020 lows. Even after a sizable bounce, shares remain between 30% and 40% below their best levels from last summer.\nYet some analysts see a big recovery coming from Splunk. The most optimistic pick forecasts a rise to $300 per share, which would be an all-time high for the stock.\nSplunk recently made news with a big vote of confidencefrom a major institutional investor. Private equity company Silver Lake made a $1 billion investment in the company, purchasing convertible notes that will give Silver Lake the ability to profit from future share-price increases. Splunk intends to take the $1 billion in proceeds to buy back shares, recognizing its own opinion that its stock is undervalued.\nData analytics has been highly competitive, andSplunk hasn't been able to keep up with some of its peers. However, if the company can restart its growth engines and start catching up with the competition, it could see its stock price reflect more optimism.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121934122,"gmtCreate":1624448572466,"gmtModify":1631892014213,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121934122","repostId":"1174672721","repostType":4,"repost":{"id":"1174672721","kind":"news","pubTimestamp":1624448078,"share":"https://www.laohu8.com/m/news/1174672721?lang=&edition=full","pubTime":"2021-06-23 19:34","market":"us","language":"en","title":"Weekly mortgage refinance demand jumps as some fear end of super-low rates is near","url":"https://stock-news.laohu8.com/highlight/detail?id=1174672721","media":"cnbc","summary":"KEY POINTS\n\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan","content":"<div>\n<p>KEY POINTS\n\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose to the highest level in a month.\nStill, applications to refinance a home loan rose 3%...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/weekly-mortgage-refinancing-jumps-on-fears-that-super-low-rates-are-ending.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weekly mortgage refinance demand jumps as some fear end of super-low rates is near</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\">\nWeekly mortgage refinance demand jumps as some fear end of super-low rates is near\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/weekly-mortgage-refinancing-jumps-on-fears-that-super-low-rates-are-ending.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose to the highest level in a month.\nStill, applications to refinance a home loan rose 3%...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/weekly-mortgage-refinancing-jumps-on-fears-that-super-low-rates-are-ending.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/23/weekly-mortgage-refinancing-jumps-on-fears-that-super-low-rates-are-ending.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1174672721","content_text":"KEY POINTS\n\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose to the highest level in a month.\nStill, applications to refinance a home loan rose 3% last week from the previous week, the Mortgage Bankers Association said.\nMortgage applications to purchase a home increased by 1% from the previous week and were 14% lower than a year ago.\n\nMortgage rates rose last week, along with demand for refinances. That may sound counterintuitive, but it speaks to the larger picture of where mortgage rates are heading.\nApplications to refinance a home loan rose 3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 9% lower than a year earlier.\nThe data comes as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) rose to the highest level in a month. It increased to 3.18% from 3.11%, with points increasing to 0.48 from 0.36 (including the origination fee) for loans with a 20% down payment. The rate was just 12 basis points higher a year ago.\nRates jumped after Federal Reserve officials indicated last week that rate hikes could come in 2023, a year earlier than expected. However, they didn’t mention when they would start scaling back their massive bond-buying program, which has kept mortgage rates near record lows.\nRefinance demand had been falling sharply as rates rise but has improved in recent weeks. This may be because homeowners think rates are only going up, and it could be the last chance for the best deal. Rates set more than a dozen record lows last year, and refinance demand was huge. However, thousands of borrowers can still save now before rates move higher.\nMortgage applications to purchase a home increased 1% from the previous week and were 14% lower than a year ago. Buyers are hitting an affordability wall, as home prices keep rising quickly. A report onexisting home sales in Mayshowed the fourth straight month of declining home sales.\n“Falling affordability is simply squeezing some first-time buyers out of the market.,” said Lawrence Yun, chief economist for the National Association of Realtors, which issued the report Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121986461,"gmtCreate":1624449590453,"gmtModify":1631889213382,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121986461","repostId":"1119094763","repostType":4,"repost":{"id":"1119094763","kind":"news","pubTimestamp":1624440866,"share":"https://www.laohu8.com/m/news/1119094763?lang=&edition=full","pubTime":"2021-06-23 17:34","market":"us","language":"en","title":"MicroVision Simply Is Not What It Was Billed To Be","url":"https://stock-news.laohu8.com/highlight/detail?id=1119094763","media":"InvestorPlace","summary":"MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withM","content":"<blockquote>\n MVIS stock isn't interesting unless you like meme stocks.\n</blockquote>\n<p>Investors who chose to get on board with<b>MicroVision</b>(NASDAQ:<b><u>MVIS</u></b>) stock now would be making an unwise decision.</p>\n<p><img src=\"https://static.tigerbbs.com/4f02ec22da7110e7f4d830af83f2ec2d\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>There are ample reasons to be bearish on MicroVision moving forward. Despite having said that, the upside down dynamics of today’s market mean that it could stagnate at its current overvalued price, or even rise.</p>\n<p>That’s a good place to start.</p>\n<p><b>Reddit Fan Favorite</b></p>\n<p>MVIS stock is often talked about on the<b>Reddit</b>forumr/WallStreetBets,which is enough these days to keep fundamentally weak equities afloat.</p>\n<p>This has occurred multiple times this year and continues to keep shares well above where they might otherwise be in normal times. The fact is that MicroVision shares are heavily shorted with currentshort interest sitting at 21.5%. This is serving to prop prices up.</p>\n<p>If the Redditors are correct, they can affect ashort squeezecausing prices to spike making these highly speculative investors massive returns very quickly.</p>\n<p>The more conservative school of thought is that now is a good time to take some profits off the table for those who established positions months earlier.</p>\n<p>That would be my suggestion. But, I realize that Redditors and<b>Robinhood</b>investors are prone to holding, or perhaps it’s holding as well as unified action. Even so, there are multiple signs that point to a bearish position on MVIS being a prudent one.</p>\n<p>So, why should investors be bearish on MVIS right now?</p>\n<p><b>MicroVision Isn’t Living Up to Its Promise</b></p>\n<p>Back in February, MicroVision released news that precipitated the run up in its share price. On Feb. 10 it announced that it was making progress on its light-detection-and-ranging (lidar) technology. Within the span of a week it had gone from about $7 to above $23.</p>\n<p>The company also announced that it would likely be able to produce a working prototype of its long-range lidar technology by April, which disappointed.</p>\n<p>But despite nearly non-existent sales, it managed only $479,000 in the first quarter, MicroVision remains a darling of the Redditor crowd.</p>\n<p>That’s partly because the promise of lidar largely hinges upon the fate of<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>). Tesla has famously been a staunch proponent of computer vision in its vehicles rather than lidar. But recent events indicated that lidar could indeed be the way forward as EV autonomy evolves.</p>\n<p><b>Tesla</b></p>\n<p>A Tesla was photographed a few months ago in Florida sporting lidar sensors from<b>Luminar</b>(NASDAQ:<b><u>LAZR</u></b>). Tesla did not indicate that the partnership means its computer vision aspirations are over. Rather, itcalled the partnershipuseful for the purpose of “testing and developing.”</p>\n<p>For MicroVision, this could have been interpreted multiple ways. On the one hand, it clearly indicates that lidar has a future in vehicle autonomy as many pundits have long suspected. However, Tesla’s choice of Luminar as a partner indicates MicroVision is likely not the leader in the field many expected it to become.</p>\n<p>In fact, it’s much closer to a company that should trade in penny stock territory than one deserving of a $22 share price and $3.2 billion in market capitalization.</p>\n<p>The two analysts covering MVIS stock each give it a shockingly low price target of 25 cents. That’s more than 80x where it currently trades at.</p>\n<p>It’s one example of what happens when the internet amplifies the attractiveness of an object that should appear much less shiny.</p>\n<p><b>The Bottom Line on MVIS Stock</b></p>\n<p>Even though Reddit will prop MVIS stock up for now, I suspect MicroVision is simply going to continue what it has done throughout its corporate life. That is, pivot and attempt to commercialize a new technology.</p>\n<p>It did raise nearly $49 million through an at-the-market sale of common stock when it popped in February. And it does have $75 million in free cash according to its10-Q. It has also flat out stated that it is looking to be purchased or could merge.</p>","source":"lsy1606302653667","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>MicroVision Simply Is Not What It Was Billed To Be</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\">\nMicroVision Simply Is Not What It Was Billed To Be\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withMicroVision(NASDAQ:MVIS) stock now would be making an unwise decision.\nSource: Shutterstock\nThere are...</p>\n\n<a href=\"https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MVIS":"维视图像"},"source_url":"https://investorplace.com/2021/06/mvis-stock-simply-is-not-what-it-was-billed-to-be/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119094763","content_text":"MVIS stock isn't interesting unless you like meme stocks.\n\nInvestors who chose to get on board withMicroVision(NASDAQ:MVIS) stock now would be making an unwise decision.\nSource: Shutterstock\nThere are ample reasons to be bearish on MicroVision moving forward. Despite having said that, the upside down dynamics of today’s market mean that it could stagnate at its current overvalued price, or even rise.\nThat’s a good place to start.\nReddit Fan Favorite\nMVIS stock is often talked about on theRedditforumr/WallStreetBets,which is enough these days to keep fundamentally weak equities afloat.\nThis has occurred multiple times this year and continues to keep shares well above where they might otherwise be in normal times. The fact is that MicroVision shares are heavily shorted with currentshort interest sitting at 21.5%. This is serving to prop prices up.\nIf the Redditors are correct, they can affect ashort squeezecausing prices to spike making these highly speculative investors massive returns very quickly.\nThe more conservative school of thought is that now is a good time to take some profits off the table for those who established positions months earlier.\nThat would be my suggestion. But, I realize that Redditors andRobinhoodinvestors are prone to holding, or perhaps it’s holding as well as unified action. Even so, there are multiple signs that point to a bearish position on MVIS being a prudent one.\nSo, why should investors be bearish on MVIS right now?\nMicroVision Isn’t Living Up to Its Promise\nBack in February, MicroVision released news that precipitated the run up in its share price. On Feb. 10 it announced that it was making progress on its light-detection-and-ranging (lidar) technology. Within the span of a week it had gone from about $7 to above $23.\nThe company also announced that it would likely be able to produce a working prototype of its long-range lidar technology by April, which disappointed.\nBut despite nearly non-existent sales, it managed only $479,000 in the first quarter, MicroVision remains a darling of the Redditor crowd.\nThat’s partly because the promise of lidar largely hinges upon the fate ofTesla(NASDAQ:TSLA). Tesla has famously been a staunch proponent of computer vision in its vehicles rather than lidar. But recent events indicated that lidar could indeed be the way forward as EV autonomy evolves.\nTesla\nA Tesla was photographed a few months ago in Florida sporting lidar sensors fromLuminar(NASDAQ:LAZR). Tesla did not indicate that the partnership means its computer vision aspirations are over. Rather, itcalled the partnershipuseful for the purpose of “testing and developing.”\nFor MicroVision, this could have been interpreted multiple ways. On the one hand, it clearly indicates that lidar has a future in vehicle autonomy as many pundits have long suspected. However, Tesla’s choice of Luminar as a partner indicates MicroVision is likely not the leader in the field many expected it to become.\nIn fact, it’s much closer to a company that should trade in penny stock territory than one deserving of a $22 share price and $3.2 billion in market capitalization.\nThe two analysts covering MVIS stock each give it a shockingly low price target of 25 cents. That’s more than 80x where it currently trades at.\nIt’s one example of what happens when the internet amplifies the attractiveness of an object that should appear much less shiny.\nThe Bottom Line on MVIS Stock\nEven though Reddit will prop MVIS stock up for now, I suspect MicroVision is simply going to continue what it has done throughout its corporate life. That is, pivot and attempt to commercialize a new technology.\nIt did raise nearly $49 million through an at-the-market sale of common stock when it popped in February. And it does have $75 million in free cash according to its10-Q. It has also flat out stated that it is looking to be purchased or could merge.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121912181,"gmtCreate":1624449057143,"gmtModify":1631889213393,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes good!","listText":"Yes good!","text":"Yes good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121912181","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121916980,"gmtCreate":1624448992940,"gmtModify":1631892014202,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo!","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo!","text":"$Apple(AAPL)$Gogogo!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121916980","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121985458,"gmtCreate":1624449684874,"gmtModify":1631889213373,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121985458","repostId":"1128236138","repostType":4,"repost":{"id":"1128236138","kind":"news","pubTimestamp":1624433108,"share":"https://www.laohu8.com/m/news/1128236138?lang=&edition=full","pubTime":"2021-06-23 15:25","market":"us","language":"en","title":"Apple: Does It Make Sense To Enter The Car Industry?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128236138","media":"seekingalpha","summary":"Summary\n\nApple is a great company, but has struggled to truly innovate in recent years.\nAn Apple Car","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple is a great company, but has struggled to truly innovate in recent years.</li>\n <li>An Apple Car is increasingly expected to be its next ‘big thing’, but there are considerable risks.</li>\n <li>From a technological perspective, it may make sense to produce a car, but from a financial perspective, it is not so much compelling.</li>\n</ul>\n<p><b>Apple</b>(AAPL) has been struggling to bring innovative products over recent years and much expectation has been created about its Apple Car project. While this may make sense from a technological perspective, if the Apple Car is truly innovative about the battery and autonomous driving capabilities, from a financial standpoint it may have less bright prospects.</p>\n<p><b>Background</b></p>\n<p>As I’ve analyzed in my previous article “Apple: Its Valuation Is Justified By Higher Exposure To Services”, Apple is a great long-term investment due to several competitive advantages over peers, which aren’t expected to be challenged in the coming years.</p>\n<p>However, one area that Apple has been struggling a little bit over the past few years is innovation and offering new products to consumers. The company is failing to bring anything really new to the market and competitors are pushing ahead in some areas like the folding phone that<b>Samsung Electronics</b>(OTC:SSNLF) and Huawei already have while Apple is only expected to offer a foldable phone maybe in the next couple of years.</p>\n<p>More recently, its growth strategy has been focused on wearables and services, which have increased the weight on total revenues in a significant way. Nevertheless, Apple has not launched a new major product for some years, which has increasingly led to questions about if Apple still has the capacity to innovate or if over the long term Apple will take the footsteps of other large technology companies that have lost a dominant position in their industry, such as<b>IBM</b>(IBM).</p>\n<p>There has been some speculation about new products, with the Apple Car being one of the most widely speculated products to be launched in the near future. In recent weeks, speculation has increased that Apple will indeed go ahead with the Apple Car project, as news came out about potential agreements with suppliers for the assembly of the car and the production of batteries.</p>\n<p><b>Apple Car – Product/Technological Perspective</b></p>\n<p>Even though there isn’t much official data from Apple about its car project, this is a topic that has been widely discussed over recent years and some details appear to be more or less certain regarding theApple Car.</p>\n<p>What is generally expected is that this will be an Apple-branded car, with an electric engine and autonomous driving capabilities. Also, Apple supposedly wants the car to be built in the U.S. and most likely this will compete in the high-end or luxury automotive segment.</p>\n<p><img src=\"https://static.tigerbbs.com/5d7baf656d54748e0064b03b97f6caa6\" tg-width=\"660\" tg-height=\"395\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: notebookcheck.info</i></p>\n<p>The Apple Car may be launched in three to six years and Apple is reportedly in advanced terms with some suppliers to produce the car and its electric batteries. This means that Apple will likely take most control of hardware and software that goes into the car, but not so much about the production side of it.</p>\n<p>Indeed, there has been some news about apotential agreementbetween Apple and<b>Hyundai-Kia</b>(OTCPK:HYMPY) for the production of the Apple Car, probably in the carmaker’s assembly plant in West Point, Georgia. However, these discussions have reportedly been terminated and also there have been rumors about a potential agreement with<b>Magna International</b>(MGA) and LG for the production of the Apple Car, but so far, this still seems to be in discussion.</p>\n<p>More recently, there has been somenews regarding the battery, with a potential deal with Chinese producers in the making. Reportedly, Apple is in discussions with<b>BYD</b>(OTCPK:BYDDY) and CATL for the production of electric batteries, with building U.S. manufacturing facilities in the U.S. a condition to reach an agreement.</p>\n<p>Apple intends to make the battery a key distinctive factor of the Apple Car over competitors, favoring lithium iron phosphate batteries, instead of lithium-ion, as they are cheaper to build because they don’t use nickel or cobalt. Therefore, it is very important to select a supplier with experience in this field that has the capacity to build with good quality, something that these Chinese suppliers already have.</p>\n<p>From a technological standpoint, this is where Apple most likely can have some competitive advantage over traditional original equipment manufacturers (OEMs) and<b>Tesla</b>(TSLA), with a likely deep integration with its iOS software.</p>\n<p>This means that from an ‘ecosystem’ perspective, the Apple Car may make sense, given that in the future, it is expected that cars will drive by themselves and people will spend much of their time in the car using infotainment or other electronic devices for entertainment. Obviously, this is something that may take a while to happen as it requires a ‘full driving car’ capability, which would be a significant leap forward compared to what current autonomous driving systems can accomplish.</p>\n<p>If Apple can indeed reach such a level of self-driving capabilities, it may be the first to offer a robotaxi service which would be important in the future mobility market, even though it does not necessarily mean a competitive advantage over other tech/auto companies. Tesla also has the same strategy of developing its FSD system and offer robotaxi services, while<b>Uber Technologies</b>(UBER) and other tech companies are also developing autonomous driving systems, thus competition in this field will certainly be fierce in the future.</p>\n<p>If from a technological perspective an Apple Car may make some sense due to Apple’s technological leadership and potential integration with its other products and services, from a financial perspective, it may be different.</p>\n<p><b>Apple Car – Financial Perspective</b></p>\n<p>In my opinion, Apple’s move into the car business is more an ‘ecosystem’ approach rather than pushing for a new product that can boost Apple’s financial figures in a significant way because the automotive business is a low-margin and capital-intensive business, not being particularly attractive for a company that has a very strong financial profile like Apple.</p>\n<p>The first burden to its financials is that developing a car is quite expensive and there is no guarantee of success, as Apple is entering a new market. If demand is not there for an Apple Car, this means that the company will lose billions of dollars in this project, which could instead have been used elsewhere. The automotive industry has some good examples of how things can turn out badly, like the<b>Volkswagen</b>(OTCPK:VWAGY) Phaeton model in which the German carmaker wanted to enter the luxury market, but haslost about $1 billionin this model alone.</p>\n<p><img src=\"https://static.tigerbbs.com/25796c6ab6e9dc77fd3202621ee961da\" tg-width=\"283\" tg-height=\"338\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Wikipedia</i></p>\n<p>Even though Apple has an excellent consumer brand globally, it is not exactly the same thing to sell $1,500 smartphones and $100,000 cars. Thus, there is a significant risk for Apple that consumers may continue to prefer a Tesla, Audi(OTCPK:AUDVF), BMW(OTCPK:BMWYY), or Mercedes rather than an Apple-branded car in the high-end to luxury segment, just like it happened with the VW Phaeton.</p>\n<p>If an Apple Car does not reach enough sales volume, it means that most likely Apple will lose a good part of the money it has invested in the car’s development. It is not possible to know how much Apple is spending on research &amp; development (R&amp;D) related to the Apple Car project, but certainly, it is already spending billions per year. If the Apple Car eventually does not go ahead, this spending will not be possible to fully monetize. On the other hand, it may lead to a more advanced autonomous driving system than competitors and Apple may sell it to other carmakers, at least monetizing some part of its investment.</p>\n<p>Even assuming that the car is successful and has good sales volumes, this is a project that is expected to generate below-average profitability for Apple, being therefore a questionable path for the company over the long term.</p>\n<p>This may happen because the car industry’s profitability is not impressive, and compared to Apple’s business segments, an Apple Car should have among the lowest gross margins.In the last year, Apple’s gross margin was 38.2%, with the Products segment reporting a gross margin of 31.5% while Services had a gross margin of 66%.</p>\n<p>In the automotive business, Tesla has a gross margin of about 21%, while the German premium carmakers have gross margins between 15-20%, thus an Apple Car should not have a much different gross margin. This will clearly be a relatively low-margin product for Apple, being completely contrary to its recent strategy to push growth in the Services segment that has above-average profitability.</p>\n<p>However, the Apple Car most likely will compete with high-end models, like the Tesla Model S, and most likely Apple will not want to become a mass-market carmaker in the foreseeable future, which means that unit sales should be somewhat limited even if the car is successful.</p>\n<p>It is difficult to forecast how many cars Apple will be able to sell per year, but assuming 150,000 units per year in the first years and an average selling price of about $100,000, this will generate some $15 billion in sales per year. Considering that Apple generated about $275 billion in revenues last year, this shows that an Apple Car should have a limited impact on the company’s financial figures and a weight of less than 5% of its total revenues.</p>\n<p><b>Conclusion</b></p>\n<p>Apple is a great company and historically innovation has been one of its key strengths, a situation that has changed in recent years as the company has struggled to offer new products that make a real impact. An Apple Car seems to make some sense from an ‘ecosystem’ perspective, and if Apple is able to reach full autonomous driving capabilities, it will be ahead of competition.</p>\n<p>On the other hand, from a financial perceptive, this is not so much compelling because it requires significant investments and the automotive industry has much lower profitability than the rest of its business. Apple is a great company, but it doesn’t need to do everything and an Apple Car seems to be a project with a risk-reward profile that is more geared to the downside as it requires big financial commitments and returns may be lower than for its other products.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Does It Make Sense To Enter The Car Industry?</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\">\nApple: Does It Make Sense To Enter The Car Industry?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple is a great company, but has struggled to truly innovate in recent years.\nAn Apple Car is increasingly expected to be its next ‘big thing’, but there are considerable risks.\nFrom a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436127-apple-car-does-it-make-sense","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1128236138","content_text":"Summary\n\nApple is a great company, but has struggled to truly innovate in recent years.\nAn Apple Car is increasingly expected to be its next ‘big thing’, but there are considerable risks.\nFrom a technological perspective, it may make sense to produce a car, but from a financial perspective, it is not so much compelling.\n\nApple(AAPL) has been struggling to bring innovative products over recent years and much expectation has been created about its Apple Car project. While this may make sense from a technological perspective, if the Apple Car is truly innovative about the battery and autonomous driving capabilities, from a financial standpoint it may have less bright prospects.\nBackground\nAs I’ve analyzed in my previous article “Apple: Its Valuation Is Justified By Higher Exposure To Services”, Apple is a great long-term investment due to several competitive advantages over peers, which aren’t expected to be challenged in the coming years.\nHowever, one area that Apple has been struggling a little bit over the past few years is innovation and offering new products to consumers. The company is failing to bring anything really new to the market and competitors are pushing ahead in some areas like the folding phone thatSamsung Electronics(OTC:SSNLF) and Huawei already have while Apple is only expected to offer a foldable phone maybe in the next couple of years.\nMore recently, its growth strategy has been focused on wearables and services, which have increased the weight on total revenues in a significant way. Nevertheless, Apple has not launched a new major product for some years, which has increasingly led to questions about if Apple still has the capacity to innovate or if over the long term Apple will take the footsteps of other large technology companies that have lost a dominant position in their industry, such asIBM(IBM).\nThere has been some speculation about new products, with the Apple Car being one of the most widely speculated products to be launched in the near future. In recent weeks, speculation has increased that Apple will indeed go ahead with the Apple Car project, as news came out about potential agreements with suppliers for the assembly of the car and the production of batteries.\nApple Car – Product/Technological Perspective\nEven though there isn’t much official data from Apple about its car project, this is a topic that has been widely discussed over recent years and some details appear to be more or less certain regarding theApple Car.\nWhat is generally expected is that this will be an Apple-branded car, with an electric engine and autonomous driving capabilities. Also, Apple supposedly wants the car to be built in the U.S. and most likely this will compete in the high-end or luxury automotive segment.\n\nSource: notebookcheck.info\nThe Apple Car may be launched in three to six years and Apple is reportedly in advanced terms with some suppliers to produce the car and its electric batteries. This means that Apple will likely take most control of hardware and software that goes into the car, but not so much about the production side of it.\nIndeed, there has been some news about apotential agreementbetween Apple andHyundai-Kia(OTCPK:HYMPY) for the production of the Apple Car, probably in the carmaker’s assembly plant in West Point, Georgia. However, these discussions have reportedly been terminated and also there have been rumors about a potential agreement withMagna International(MGA) and LG for the production of the Apple Car, but so far, this still seems to be in discussion.\nMore recently, there has been somenews regarding the battery, with a potential deal with Chinese producers in the making. Reportedly, Apple is in discussions withBYD(OTCPK:BYDDY) and CATL for the production of electric batteries, with building U.S. manufacturing facilities in the U.S. a condition to reach an agreement.\nApple intends to make the battery a key distinctive factor of the Apple Car over competitors, favoring lithium iron phosphate batteries, instead of lithium-ion, as they are cheaper to build because they don’t use nickel or cobalt. Therefore, it is very important to select a supplier with experience in this field that has the capacity to build with good quality, something that these Chinese suppliers already have.\nFrom a technological standpoint, this is where Apple most likely can have some competitive advantage over traditional original equipment manufacturers (OEMs) andTesla(TSLA), with a likely deep integration with its iOS software.\nThis means that from an ‘ecosystem’ perspective, the Apple Car may make sense, given that in the future, it is expected that cars will drive by themselves and people will spend much of their time in the car using infotainment or other electronic devices for entertainment. Obviously, this is something that may take a while to happen as it requires a ‘full driving car’ capability, which would be a significant leap forward compared to what current autonomous driving systems can accomplish.\nIf Apple can indeed reach such a level of self-driving capabilities, it may be the first to offer a robotaxi service which would be important in the future mobility market, even though it does not necessarily mean a competitive advantage over other tech/auto companies. Tesla also has the same strategy of developing its FSD system and offer robotaxi services, whileUber Technologies(UBER) and other tech companies are also developing autonomous driving systems, thus competition in this field will certainly be fierce in the future.\nIf from a technological perspective an Apple Car may make some sense due to Apple’s technological leadership and potential integration with its other products and services, from a financial perspective, it may be different.\nApple Car – Financial Perspective\nIn my opinion, Apple’s move into the car business is more an ‘ecosystem’ approach rather than pushing for a new product that can boost Apple’s financial figures in a significant way because the automotive business is a low-margin and capital-intensive business, not being particularly attractive for a company that has a very strong financial profile like Apple.\nThe first burden to its financials is that developing a car is quite expensive and there is no guarantee of success, as Apple is entering a new market. If demand is not there for an Apple Car, this means that the company will lose billions of dollars in this project, which could instead have been used elsewhere. The automotive industry has some good examples of how things can turn out badly, like theVolkswagen(OTCPK:VWAGY) Phaeton model in which the German carmaker wanted to enter the luxury market, but haslost about $1 billionin this model alone.\n\nSource: Wikipedia\nEven though Apple has an excellent consumer brand globally, it is not exactly the same thing to sell $1,500 smartphones and $100,000 cars. Thus, there is a significant risk for Apple that consumers may continue to prefer a Tesla, Audi(OTCPK:AUDVF), BMW(OTCPK:BMWYY), or Mercedes rather than an Apple-branded car in the high-end to luxury segment, just like it happened with the VW Phaeton.\nIf an Apple Car does not reach enough sales volume, it means that most likely Apple will lose a good part of the money it has invested in the car’s development. It is not possible to know how much Apple is spending on research & development (R&D) related to the Apple Car project, but certainly, it is already spending billions per year. If the Apple Car eventually does not go ahead, this spending will not be possible to fully monetize. On the other hand, it may lead to a more advanced autonomous driving system than competitors and Apple may sell it to other carmakers, at least monetizing some part of its investment.\nEven assuming that the car is successful and has good sales volumes, this is a project that is expected to generate below-average profitability for Apple, being therefore a questionable path for the company over the long term.\nThis may happen because the car industry’s profitability is not impressive, and compared to Apple’s business segments, an Apple Car should have among the lowest gross margins.In the last year, Apple’s gross margin was 38.2%, with the Products segment reporting a gross margin of 31.5% while Services had a gross margin of 66%.\nIn the automotive business, Tesla has a gross margin of about 21%, while the German premium carmakers have gross margins between 15-20%, thus an Apple Car should not have a much different gross margin. This will clearly be a relatively low-margin product for Apple, being completely contrary to its recent strategy to push growth in the Services segment that has above-average profitability.\nHowever, the Apple Car most likely will compete with high-end models, like the Tesla Model S, and most likely Apple will not want to become a mass-market carmaker in the foreseeable future, which means that unit sales should be somewhat limited even if the car is successful.\nIt is difficult to forecast how many cars Apple will be able to sell per year, but assuming 150,000 units per year in the first years and an average selling price of about $100,000, this will generate some $15 billion in sales per year. Considering that Apple generated about $275 billion in revenues last year, this shows that an Apple Car should have a limited impact on the company’s financial figures and a weight of less than 5% of its total revenues.\nConclusion\nApple is a great company and historically innovation has been one of its key strengths, a situation that has changed in recent years as the company has struggled to offer new products that make a real impact. An Apple Car seems to make some sense from an ‘ecosystem’ perspective, and if Apple is able to reach full autonomous driving capabilities, it will be ahead of competition.\nOn the other hand, from a financial perceptive, this is not so much compelling because it requires significant investments and the automotive industry has much lower profitability than the rest of its business. Apple is a great company, but it doesn’t need to do everything and an Apple Car seems to be a project with a risk-reward profile that is more geared to the downside as it requires big financial commitments and returns may be lower than for its other products.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121985891,"gmtCreate":1624449664513,"gmtModify":1631889213373,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121985891","repostId":"1112493847","repostType":4,"repost":{"id":"1112493847","kind":"news","pubTimestamp":1624435158,"share":"https://www.laohu8.com/m/news/1112493847?lang=&edition=full","pubTime":"2021-06-23 15:59","market":"us","language":"en","title":"Amazon’s Planned Purchase of MGM Faces FTC Scrutiny","url":"https://stock-news.laohu8.com/highlight/detail?id=1112493847","media":"The Wall Street Journal","summary":"Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC’s helm.During recent interagency negotiations, the FTC secured the right to review the Amazon-MGM deal, the people familiar with the matter said. The FTC pushed for jurisdiction over the merger review because it already has an open, wide-ranging antitrust investigation into Amazon’s business practices, the people said.An Amazon spokesman had no immediate comment. An FTC spokeswom","content":"<blockquote>\n <b>Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC’s helm.</b>\n</blockquote>\n<p>WASHINGTON—The Federal Trade Commission will be the agency to reviewAmazon.AMZN1.49%com Inc.’s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant’s expansion.</p>\n<p>Amazon last monthannounced its deal for MGM, which would boost its Prime Video streaming platform in a market that includes rivals such asNetflixInc.andWalt DisneyCo.MGM has a library of more than 4,000 films, including the James Bond franchise, and a television catalog that includes “The Handmaid’s Tale” and “Vikings.”</p>\n<p>Companies doing sizable mergers have to submit their deals for government antitrust review. The FTC shares antitrust authority with the Justice Department, and the two agencies split up the work of reviewing proposed deals. The department has recently reviewed transactions involving video content,including Disney’s acquisitionof 21st Century Fox andAT&amp;TInc.’sacquisition of Time Warner, a deal the department unsuccessfullyattempted to block in court.</p>\n<p>During recent interagency negotiations, the FTC secured the right to review the Amazon-MGM deal, the people familiar with the matter said. The FTC pushed for jurisdiction over the merger review because it already has an open, wide-ranging antitrust investigation into Amazon’s business practices, the people said.</p>\n<p>The FTC and the Justice Department previouslyagreed to divide up investigationsof four leading tech giants’ conduct, with the department takingAppleInc.andAlphabetInc.’sGoogle, while the FTC tookFacebookInc.and Amazon.</p>\n<p>An Amazon spokesman had no immediate comment. An FTC spokeswoman declined to comment.</p>\n<p>The MGM review could present an early test for new FTC Chairwoman Lina Khan, who made her name in antitrust circlesin large part by criticizing Amazon. She wrote a widely read law-review article while at Yale Law School that argued U.S. antitrust law has failed to restrain the online retailer.</p>\n<p>Ms. Khan more broadly has argued that antitrust enforcement needs far-reaching changes to better restrain dominant companies. She won Senate confirmation last week to be an FTC commissioner, and President Biden then immediatelydesignated her as chairwoman.</p>\n<p>Amazon is a growing producer of its own video content and has become anaggressive buyer of sports rights, including those for the National Football League. But it still has a relatively modest library compared with traditional media giants.</p>\n<p>MGM is now one of the smaller studios in Hollywood, meaning the tie-up isn’t necessarily the kind of transaction that in the past would have raised immediate red flags about anticompetitive concentration. But in light of Amazon’s broader marketplace footprint, the addition of MGM could raise concerns about the expansion of the online giant’s platform, which critics in Washington already believe is too powerful.</p>\n<p>Though the FTC and Justice Department have similar antitrust authority, their procedures are different, and companies generally prefer to have their matters before the department because its process is more straightforward.</p>\n<p>If the Justice Department wants to block a merger, it must go to court and win a case. The FTC, by contrast, has the option to challenge a transaction in its own administrative-court proceedings, and can go to federal court concurrently to seek a preliminary injunction blocking a merger while its in-house legal proceedings take place. That two-track process can be more complicated, and companies face high hurdles to winning a case run through the FTC’s administrative system.</p>\n<p>The FTC in 2017 clearedAmazon’s acquisition of Whole Foods Marketwithout giving the deal a lengthy, detailed review. Ms. Khan was among a group of progressives who criticized the transaction and argued that the FTC should block it.</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>Amazon’s Planned Purchase of MGM Faces FTC Scrutiny</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\">\nAmazon’s Planned Purchase of MGM Faces FTC Scrutiny\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/amazons-planned-purchase-of-mgm-to-be-reviewed-by-ftc-11624379614?mod=business_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC’s helm.\n\nWASHINGTON—The Federal Trade Commission will be the agency to ...</p>\n\n<a href=\"https://www.wsj.com/articles/amazons-planned-purchase-of-mgm-to-be-reviewed-by-ftc-11624379614?mod=business_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.wsj.com/articles/amazons-planned-purchase-of-mgm-to-be-reviewed-by-ftc-11624379614?mod=business_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112493847","content_text":"Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC’s helm.\n\nWASHINGTON—The Federal Trade Commission will be the agency to reviewAmazon.AMZN1.49%com Inc.’s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant’s expansion.\nAmazon last monthannounced its deal for MGM, which would boost its Prime Video streaming platform in a market that includes rivals such asNetflixInc.andWalt DisneyCo.MGM has a library of more than 4,000 films, including the James Bond franchise, and a television catalog that includes “The Handmaid’s Tale” and “Vikings.”\nCompanies doing sizable mergers have to submit their deals for government antitrust review. The FTC shares antitrust authority with the Justice Department, and the two agencies split up the work of reviewing proposed deals. The department has recently reviewed transactions involving video content,including Disney’s acquisitionof 21st Century Fox andAT&TInc.’sacquisition of Time Warner, a deal the department unsuccessfullyattempted to block in court.\nDuring recent interagency negotiations, the FTC secured the right to review the Amazon-MGM deal, the people familiar with the matter said. The FTC pushed for jurisdiction over the merger review because it already has an open, wide-ranging antitrust investigation into Amazon’s business practices, the people said.\nThe FTC and the Justice Department previouslyagreed to divide up investigationsof four leading tech giants’ conduct, with the department takingAppleInc.andAlphabetInc.’sGoogle, while the FTC tookFacebookInc.and Amazon.\nAn Amazon spokesman had no immediate comment. An FTC spokeswoman declined to comment.\nThe MGM review could present an early test for new FTC Chairwoman Lina Khan, who made her name in antitrust circlesin large part by criticizing Amazon. She wrote a widely read law-review article while at Yale Law School that argued U.S. antitrust law has failed to restrain the online retailer.\nMs. Khan more broadly has argued that antitrust enforcement needs far-reaching changes to better restrain dominant companies. She won Senate confirmation last week to be an FTC commissioner, and President Biden then immediatelydesignated her as chairwoman.\nAmazon is a growing producer of its own video content and has become anaggressive buyer of sports rights, including those for the National Football League. But it still has a relatively modest library compared with traditional media giants.\nMGM is now one of the smaller studios in Hollywood, meaning the tie-up isn’t necessarily the kind of transaction that in the past would have raised immediate red flags about anticompetitive concentration. But in light of Amazon’s broader marketplace footprint, the addition of MGM could raise concerns about the expansion of the online giant’s platform, which critics in Washington already believe is too powerful.\nThough the FTC and Justice Department have similar antitrust authority, their procedures are different, and companies generally prefer to have their matters before the department because its process is more straightforward.\nIf the Justice Department wants to block a merger, it must go to court and win a case. The FTC, by contrast, has the option to challenge a transaction in its own administrative-court proceedings, and can go to federal court concurrently to seek a preliminary injunction blocking a merger while its in-house legal proceedings take place. That two-track process can be more complicated, and companies face high hurdles to winning a case run through the FTC’s administrative system.\nThe FTC in 2017 clearedAmazon’s acquisition of Whole Foods Marketwithout giving the deal a lengthy, detailed review. Ms. Khan was among a group of progressives who criticized the transaction and argued that the FTC should block it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982775,"gmtCreate":1624449648397,"gmtModify":1631889213378,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Pls keep it","listText":"Pls keep it","text":"Pls keep it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982775","repostId":"1136966718","repostType":4,"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982292,"gmtCreate":1624449629216,"gmtModify":1631889213379,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982292","repostId":"1177243335","repostType":4,"repost":{"id":"1177243335","kind":"news","pubTimestamp":1624439241,"share":"https://www.laohu8.com/m/news/1177243335?lang=&edition=full","pubTime":"2021-06-23 17:07","market":"us","language":"en","title":"Microsoft reaches a $2 trillion market cap","url":"https://stock-news.laohu8.com/highlight/detail?id=1177243335","media":"cnn","summary":"New York (CNN Business)Microsoft has officially entered the most elite of clubs: corporations with a","content":"<p>New York (CNN Business)Microsoft has officially entered the most elite of clubs: corporations with a market value exceeding $2 trillion.</p>\n<p>The tech giant is only the second publicly traded American company, behind Apple (AAPL), to reach such a valuation. Oil company Saudi Aramco, which went public in 2019, has also previously passed that mark, though its market cap on Tuesday was $1.88 trillion.</p>\n<p>Microsoft's (MSFT) market capitalization topped $2 trillion during trading on Tuesday, and closed just $300 million shy of that mark. Its stock on Tuesday climbed 1.1% to $265.51.</p>\n<p>The company reached the $2 trillion milestone just over two years after it first passed the $1 trillion market cap mark.</p>\n<p>Covid-19 helped get it there. The pandemic meant people were spending more time on their devices, boosting demand for Microsoft's computers, gaming systems and cloud computing platform. And a stock market rally — along with the success of tech companies in particular — lifted its shares.</p>\n<p>Microsoft's stock has gained 64% since March 2020, when pandemic lockdowns began going into effect in the United States.</p>\n<p>In April, Microsoft reported sales were up 19% year-over-year to $41.7 billion for the three months ended March 31.</p>\n<p>\"Over a year into the pandemic, digital adoption curves aren't slowing down,\" CEO Satya Nadella said in a statement at the time. \"We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.\"</p>\n<p>Apple's market value passed $2 trillion last August, and it currently stands at $2.24 trillion. Now, Microsoft has joined its ranks, with two other Big Tech firms, Amazon (AMZN) and Google (GOOGL GOOGLE), nipping at their heels. Amazon's market cap hit $1.77 trillion on Tuesday, and Google parent Alphabet's reached $1.67 trillion.</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>Microsoft reaches a $2 trillion market cap</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\">\nMicrosoft reaches a $2 trillion market cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/06/22/tech/microsoft-2-trillion-market-cap/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)Microsoft has officially entered the most elite of clubs: corporations with a market value exceeding $2 trillion.\nThe tech giant is only the second publicly traded American ...</p>\n\n<a href=\"https://edition.cnn.com/2021/06/22/tech/microsoft-2-trillion-market-cap/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://edition.cnn.com/2021/06/22/tech/microsoft-2-trillion-market-cap/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177243335","content_text":"New York (CNN Business)Microsoft has officially entered the most elite of clubs: corporations with a market value exceeding $2 trillion.\nThe tech giant is only the second publicly traded American company, behind Apple (AAPL), to reach such a valuation. Oil company Saudi Aramco, which went public in 2019, has also previously passed that mark, though its market cap on Tuesday was $1.88 trillion.\nMicrosoft's (MSFT) market capitalization topped $2 trillion during trading on Tuesday, and closed just $300 million shy of that mark. Its stock on Tuesday climbed 1.1% to $265.51.\nThe company reached the $2 trillion milestone just over two years after it first passed the $1 trillion market cap mark.\nCovid-19 helped get it there. The pandemic meant people were spending more time on their devices, boosting demand for Microsoft's computers, gaming systems and cloud computing platform. And a stock market rally — along with the success of tech companies in particular — lifted its shares.\nMicrosoft's stock has gained 64% since March 2020, when pandemic lockdowns began going into effect in the United States.\nIn April, Microsoft reported sales were up 19% year-over-year to $41.7 billion for the three months ended March 31.\n\"Over a year into the pandemic, digital adoption curves aren't slowing down,\" CEO Satya Nadella said in a statement at the time. \"We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.\"\nApple's market value passed $2 trillion last August, and it currently stands at $2.24 trillion. Now, Microsoft has joined its ranks, with two other Big Tech firms, Amazon (AMZN) and Google (GOOGL GOOGLE), nipping at their heels. Amazon's market cap hit $1.77 trillion on Tuesday, and Google parent Alphabet's reached $1.67 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121982829,"gmtCreate":1624449614261,"gmtModify":1631889213381,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Go up","listText":"Go up","text":"Go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121982829","repostId":"1115716980","repostType":4,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121986609,"gmtCreate":1624449576801,"gmtModify":1631889213385,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121986609","repostId":"2145245069","repostType":4,"repost":{"id":"2145245069","kind":"news","pubTimestamp":1624440002,"share":"https://www.laohu8.com/m/news/2145245069?lang=&edition=full","pubTime":"2021-06-23 17:20","market":"us","language":"en","title":"Why Nvidia Is Pursuing ARM — and What It Means for the Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2145245069","media":"TipRanks","summary":"Last year, when Nvidia (NVDA) announced it intended to acquire UK chip designer ARM for $40 billion,","content":"<div>\n<p>Last year, when Nvidia (NVDA) announced it intended to acquire UK chip designer ARM for $40 billion, it set up the prospect of the chip giant becoming, well, even bigger. The addition of ARM’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-nvidia-pursuing-arm-means-233302291.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nvidia Is Pursuing ARM — and What It Means for the Stock</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 Nvidia Is Pursuing ARM — and What It Means for the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-nvidia-pursuing-arm-means-233302291.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year, when Nvidia (NVDA) announced it intended to acquire UK chip designer ARM for $40 billion, it set up the prospect of the chip giant becoming, well, even bigger. The addition of ARM’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-nvidia-pursuing-arm-means-233302291.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://finance.yahoo.com/news/why-nvidia-pursuing-arm-means-233302291.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145245069","content_text":"Last year, when Nvidia (NVDA) announced it intended to acquire UK chip designer ARM for $40 billion, it set up the prospect of the chip giant becoming, well, even bigger. The addition of ARM’s semiconductor IP portfolio should add another arrow to the quiver, especially when considering ARM’s large exposure to the mobile device market.\nSince the deal still needs to be approved by the U.S., UK., European and Chinese regulators, it is uncertain whether the acquisition will eventually go through. In fact, Evercore's C.J. Muse thinks investors have a downbeat view regarding the deal’s prospects.\n“We continue to think the market views the probability of a merger here as very low, which means there is very little of the benefit from ARM embedded in NVDA’s shares,” the 5-star analyst said. “Thus, we continue to view a successful completion of the ARM transaction as a free call option to investors.”\nIt’s not only Muse who is trying to convince investors they will benefit from the merger. Nvidia has been on the front foot trying to explain why an Nvidia/Arm pairing would ultimately benefit ARM’s customers and investors, alike.\nMuse laid out the pitch, explaining that as a data-oriented economy becomes more prevalent across the globe, increasingly sophisticated frameworks are continuing to sprout. And with each passing day, as the number of end applications gets pushed further ahead by this continuous innovation, it is “becoming more difficult for ARM to address these growth vectors on its own.”\n“That is why it needs NVDA,” says Muse “Who can offer a resource-rich platform of GPU/DPU hardware and an accelerated software stack – a great complementary to ARM’s world class portfolio of CPU IP.”\nWhat’s more, the cost of this technological innovation can be reduced, by ARM customers being able to leverage NVDA’s pre-built platform to “invest R&D dollars in more specialized tasks.”\nAs for the regulatory hurdles, Muse says Nvidia remains upbeat on gaining approval from all geographies, “in particular, the UK and China.”\nAs such, Nvidia remains a \"top pick\" for Muse, who has an Outperform (i.e. Buy) rating for the shares and a $750 price target. Muse might be an Nvidia bull, but his current price target implies shares will remain range-bound for the time being. (To watch Muse’ track record, click here)\nIt’s a similar story when looking at the rest of the Street’s Nvidia reviews. The analysts’ average price target is $740, indicating minimal downside for the shares over the next 12-months. However, somewhat confusingly, rating wise, almost all are positive. Barring one Hold, the stock’s Strong Buy consensus rating is based on 27 Buys. It will be interesting to see whether the analysts downgrade their ratings or upgrade price targets over the coming months. (See Nvidia stock analysis on TipRanks)\n\nTo find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121915524,"gmtCreate":1624449152368,"gmtModify":1631889213389,"author":{"id":"4087544583770050","authorId":"4087544583770050","name":"ChaiWei","avatar":"https://static.tigerbbs.com/e71252722c7e0285e021b28457ee8349","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544583770050","authorIdStr":"4087544583770050"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121915524","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}