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Asset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021

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Champagne outfizzes Big Tech and bitcoin in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2193173075","media":"Reuters","summary":"LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne","content":"<p>LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.</p>\n<p>Online platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.</p>\n<p>Data from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.</p>\n<p>The charge was led by Salon le Mesnil's 2002</p>\n<p>vintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).</p>\n<p>That beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index</p>\n<p>of Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.</p>\n<p>Taittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.</p>\n<p>LiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".</p>\n<p>Champagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended&nbsp;shortly after Joe Biden took over.</p>\n<p>Cristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.</p>\n<p>The prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.</p>\n<p>A record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.</p>\n<p>The Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.</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>Asset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021</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\">\nAsset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-27 10:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.</p>\n<p>Online platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.</p>\n<p>Data from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.</p>\n<p>The charge was led by Salon le Mesnil's 2002</p>\n<p>vintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).</p>\n<p>That beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index</p>\n<p>of Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.</p>\n<p>Taittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.</p>\n<p>LiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".</p>\n<p>Champagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended&nbsp;shortly after Joe Biden took over.</p>\n<p>Cristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.</p>\n<p>The prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.</p>\n<p>A record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.</p>\n<p>The Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4551":"寇图资本持仓","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","NFLX":"奈飞","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","TSLA":"特斯拉","BK4553":"喜马拉雅资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4525":"远程办公概念","BK4566":"资本集团","BK4508":"社交媒体","BK4524":"宅经济概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193173075","content_text":"LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.\nOnline platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.\nData from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.\nThe charge was led by Salon le Mesnil's 2002\nvintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).\nThat beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index\nof Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.\nTaittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.\nLiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".\nChampagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended shortly after Joe Biden took over.\nCristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.\nThe prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.\nA record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.\nThe Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693476774,"gmtCreate":1640071875132,"gmtModify":1640071875132,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693476774","repostId":"1145000046","repostType":4,"repost":{"id":"1145000046","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640056633,"share":"https://www.laohu8.com/m/news/1145000046?lang=&edition=full","pubTime":"2021-12-21 11:17","market":"us","language":"en","title":"5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1145000046","media":"Benzinga","summary":"The shortened holiday week will see less public offerings and earnings from public companies. The we","content":"<p>The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still&nbsp;reporting earnings this week, which could be worth putting on investors’ radar.</p>\n<p><img src=\"https://static.tigerbbs.com/49fcc3c6cc90d72b9c6e7cd7bf6a4db7\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"></p>\n<p><b>Rite Aid:</b>Pharmacy company&nbsp;<b>Rite Aid Corp</b>&nbsp;reports third quarter financial results before the market open on&nbsp;Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to&nbsp;<b>Benzinga Pro</b>. The company&nbsp;reported&nbsp;first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.</p>\n<p>Rivals&nbsp;<b>CVS Health</b>&nbsp;and&nbsp;<b>Walgreens Boots Alliance</b>&nbsp;reported earnings in November and October respectively and saw strong beats.</p>\n<p>The company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.</p>\n<p><b>General Mills:</b>Packaged food company&nbsp;<b>General Mills</b>&nbsp;reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.</p>\n<p>The company is&nbsp;working&nbsp;on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.</p>\n<p>General Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.</p>\n<p>The company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.</p>\n<p><b>BlackBerry:</b>Software company&nbsp;<b>BlackBerry</b>&nbsp;reports third quarter financial results after the market close on&nbsp;Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s&nbsp;most recent quarter&nbsp;saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.</p>\n<p>Blackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.</p>\n<p>BlackBerry announced it made&nbsp;<b>John Giamatteo</b>, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.</p>\n<p>The street is estimating third quarter revenue of $177.3 million.</p>\n<p><b>CarMax:</b>The nation’s largest retailer of used autos,<b>CarMax Inc</b>&nbsp;could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.</p>\n<p>The street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.</p>\n<p>The company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the&nbsp;second quarter, which was up 48.7% year-over-year.</p>\n<p>Carmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.</p>\n<p><b>Paychex:</b>Leading payroll company&nbsp;<b>Paychex Inc</b>&nbsp;reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.</p>\n<p>Paychex&nbsp;reported&nbsp;first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.</p>\n<p>Paychex reported second quarter revenue of $983.7 million in last year’s second quarter.</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>5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More</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\">\n5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-12-21 11:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still&nbsp;reporting earnings this week, which could be worth putting on investors’ radar.</p>\n<p><img src=\"https://static.tigerbbs.com/49fcc3c6cc90d72b9c6e7cd7bf6a4db7\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"></p>\n<p><b>Rite Aid:</b>Pharmacy company&nbsp;<b>Rite Aid Corp</b>&nbsp;reports third quarter financial results before the market open on&nbsp;Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to&nbsp;<b>Benzinga Pro</b>. The company&nbsp;reported&nbsp;first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.</p>\n<p>Rivals&nbsp;<b>CVS Health</b>&nbsp;and&nbsp;<b>Walgreens Boots Alliance</b>&nbsp;reported earnings in November and October respectively and saw strong beats.</p>\n<p>The company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.</p>\n<p><b>General Mills:</b>Packaged food company&nbsp;<b>General Mills</b>&nbsp;reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.</p>\n<p>The company is&nbsp;working&nbsp;on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.</p>\n<p>General Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.</p>\n<p>The company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.</p>\n<p><b>BlackBerry:</b>Software company&nbsp;<b>BlackBerry</b>&nbsp;reports third quarter financial results after the market close on&nbsp;Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s&nbsp;most recent quarter&nbsp;saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.</p>\n<p>Blackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.</p>\n<p>BlackBerry announced it made&nbsp;<b>John Giamatteo</b>, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.</p>\n<p>The street is estimating third quarter revenue of $177.3 million.</p>\n<p><b>CarMax:</b>The nation’s largest retailer of used autos,<b>CarMax Inc</b>&nbsp;could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.</p>\n<p>The street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.</p>\n<p>The company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the&nbsp;second quarter, which was up 48.7% year-over-year.</p>\n<p>Carmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.</p>\n<p><b>Paychex:</b>Leading payroll company&nbsp;<b>Paychex Inc</b>&nbsp;reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.</p>\n<p>Paychex&nbsp;reported&nbsp;first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.</p>\n<p>Paychex reported second quarter revenue of $983.7 million in last year’s second quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RAD":"来德爱","BB":"黑莓","PAYX":"沛齐","KMX":"车美仕","GIS":"通用磨坊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145000046","content_text":"The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still reporting earnings this week, which could be worth putting on investors’ radar.\n\nRite Aid:Pharmacy company Rite Aid Corp reports third quarter financial results before the market open on Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to Benzinga Pro. The company reported first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.\nRivals CVS Health and Walgreens Boots Alliance reported earnings in November and October respectively and saw strong beats.\nThe company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.\nGeneral Mills:Packaged food company General Mills reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.\nThe company is working on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.\nGeneral Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.\nThe company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.\nBlackBerry:Software company BlackBerry reports third quarter financial results after the market close on Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s most recent quarter saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.\nBlackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.\nBlackBerry announced it made John Giamatteo, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.\nThe street is estimating third quarter revenue of $177.3 million.\nCarMax:The nation’s largest retailer of used autos,CarMax Inc could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.\nThe street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.\nThe company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the second quarter, which was up 48.7% year-over-year.\nCarmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.\nPaychex:Leading payroll company Paychex Inc reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.\nPaychex reported first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.\nPaychex reported second quarter revenue of $983.7 million in last year’s second quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603034399,"gmtCreate":1638337119440,"gmtModify":1638337300855,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603034399","repostId":"1102204470","repostType":4,"repost":{"id":"1102204470","pubTimestamp":1638329236,"share":"https://www.laohu8.com/m/news/1102204470?lang=&edition=full","pubTime":"2021-12-01 11:27","market":"sg","language":"en","title":"Singapore and Hong Kong no longer world's costliest cities: EIU","url":"https://stock-news.laohu8.com/highlight/detail?id=1102204470","media":"businesstimes","summary":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, ","content":"<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore and Hong Kong no longer world's costliest cities: EIU</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore and Hong Kong no longer world's costliest cities: EIU\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102204470","content_text":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest city in Asia, joining Paris for second place and jumping 2 spots from last year. Hong Kong is also among the world's costliest cities, slipping to fifth place from a joint-top spot last year.\nTel Aviv, Israel, has taken the top spot for the first time, rising from fifth place last year. This is mainly due to the shekel appreciating, making local costs more expensive against the US dollar. Approximately one-tenth of the city's goods experienced price increases, particularly in groceries and transport.\nAround the world, supply chain disruptions and changing consumer demand have driven up the cost of living. The Covid-19 pandemic and restrictions continue to affect production and trade, according to the report.\nUpasana Dutt, head of worldwide cost of living at EIU, said: \"Similar to previous years, European and developed Asian cities remain at the top of the WCOL (Worldwide Cost of Living) rankings, but the global supply chain disruption has reshuffled the rankings of this edition with Hong Kong dislodged from its top spot last year while Singapore climbed 2 places to joint second with Paris.\"\nThe inflation rate is the highest in 5 years at 3.5 per cent year on year, compared to just 1.9 per cent last year.\nTransport costs rose the fastest this year because of rising oil prices, leading to a 21 per cent increase in unleaded petrol. Additionally, the categories of recreation, tobacco and personal care costs also rose.\nDutt expects costs of living to continue to rise over the coming year as wages increase in many sectors. Central banks may raise interest rates to stem inflation. She noted that as a result, price increases will start to moderate from this year's level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603034003,"gmtCreate":1638337109655,"gmtModify":1638337296473,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603034003","repostId":"1102204470","repostType":4,"repost":{"id":"1102204470","pubTimestamp":1638329236,"share":"https://www.laohu8.com/m/news/1102204470?lang=&edition=full","pubTime":"2021-12-01 11:27","market":"sg","language":"en","title":"Singapore and Hong Kong no longer world's costliest cities: EIU","url":"https://stock-news.laohu8.com/highlight/detail?id=1102204470","media":"businesstimes","summary":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, ","content":"<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore and Hong Kong no longer world's costliest cities: EIU</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore and Hong Kong no longer world's costliest cities: EIU\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102204470","content_text":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest city in Asia, joining Paris for second place and jumping 2 spots from last year. Hong Kong is also among the world's costliest cities, slipping to fifth place from a joint-top spot last year.\nTel Aviv, Israel, has taken the top spot for the first time, rising from fifth place last year. This is mainly due to the shekel appreciating, making local costs more expensive against the US dollar. Approximately one-tenth of the city's goods experienced price increases, particularly in groceries and transport.\nAround the world, supply chain disruptions and changing consumer demand have driven up the cost of living. The Covid-19 pandemic and restrictions continue to affect production and trade, according to the report.\nUpasana Dutt, head of worldwide cost of living at EIU, said: \"Similar to previous years, European and developed Asian cities remain at the top of the WCOL (Worldwide Cost of Living) rankings, but the global supply chain disruption has reshuffled the rankings of this edition with Hong Kong dislodged from its top spot last year while Singapore climbed 2 places to joint second with Paris.\"\nThe inflation rate is the highest in 5 years at 3.5 per cent year on year, compared to just 1.9 per cent last year.\nTransport costs rose the fastest this year because of rising oil prices, leading to a 21 per cent increase in unleaded petrol. Additionally, the categories of recreation, tobacco and personal care costs also rose.\nDutt expects costs of living to continue to rise over the coming year as wages increase in many sectors. Central banks may raise interest rates to stem inflation. She noted that as a result, price increases will start to moderate from this year's level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879804077,"gmtCreate":1636697974599,"gmtModify":1636698085138,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879804077","repostId":"1174358718","repostType":4,"repost":{"id":"1174358718","pubTimestamp":1636671682,"share":"https://www.laohu8.com/m/news/1174358718?lang=&edition=full","pubTime":"2021-11-12 07:01","market":"us","language":"en","title":"S&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=1174358718","media":"Reuters","summary":"(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Na","content":"<p>(Reuters) - The S&amp;P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs.</p>\n<p>Walt Disney Co(DIS.N), falling in the wake of a disappointing earnings report, dragged the Dow into the red.</p>\n<p>The bond market was closed in observance of Veterans Day, and in the absence of economic data and with third-quarter earnings season winding down, there were few catalysts to move markets in either direction.</p>\n<p>\"Days like today are really hard to judge because you essentially have half the market closed,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"Specific company and industry events are driving today’s markets.\"</p>\n<p>\"There will be a lot more trading tomorrow than today, so we’ll have to wait and see what will happen,\" Tuz added.</p>\n<p>Investors were favoring growth(.IGX)over value(.IVX), and economically sensitive smallcaps(.RUT)and chips(.SOX)were outperforming the broader market.</p>\n<p>The Philadelphia SE Semiconductor index(.SOX)gained 1.9%, bouncing back from its worst session in more than six weeks, driven by gains in Nvidia Corp(NVDA.O)after brokerage Susquehanna raised the chipmaker's price target.</p>\n<p>Market participants were digesting recent inflation data, which suggested that the current wave of price spikes due to chronic worldwide supply challenges could have more staying power than many - including the U.S. Federal Reserve - had hoped.</p>\n<p>With consumer sentiment data expected tomorrow and a string of retailers due to report quarterly earnings over the next few weeks, focus is shifting to consumer spending as the holiday shopping season approaches.</p>\n<p>The Dow Jones Industrial Average(.DJI)fell 158.71 points, or 0.44%, to 35,921.23, the S&amp;P 500(.SPX)gained 2.56 points, or 0.06%, to 4,649.27 and the Nasdaq Composite(.IXIC)added 81.58 points, or 0.52%, to 15,704.28.</p>\n<p>Among the 11 major sectors of the S&amp;P 500, six closed higher, with materials(.SPLRCM)leading the gainers. Utilities(.SPLRCU)suffered the largest percentage loss.</p>\n<p>Shares of Walt Disney Co(DIS.N)sank 7.1% and were the heaviest drag on the Dow following its disappointing earnings release, in which the media company reported shortfalls in streaming subscribers and theme park revenues.read more</p>\n<p>Electric automaker Rivian Automotive Inc's(RIVN.O)shares jumped 22.1% a day after closing 29.1% above its offer price in its debut as a publicly traded company.</p>\n<p>Rival Lucid Group Inc's(LCID.O)shares surged by 10.4%.</p>\n<p>But Tesla Inc(TSLA.O)slipped 0.4% following news that CEO Elon Musk sold about $5 billion of the stock in the company over the last few days, following his infamous Twitter poll on whether he should shed 10% of his shares in the firm he founded.read more</p>\n<p>Dillard's Inc(DDS.N)gained 10.0% after handily beating quarterly earnings and revenue forecasts. Fellow department stores Macy's Inc(M.N)and Nordstrom Inc(JWN.N), which have yet to report quarterly results, rose between 2% and 3.6%.</p>\n<p>Tapestry Inc gained 8.4% after the luxury fashion accessories firm boosted its annual sales forecast and announced a $1 billion share buyback plan.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 114 new highs and 125 new lows.</p>\n<p>Volume on U.S. exchanges was 9.61 billion shares, compared with the 10.91 billion average over the last 20 trading days.</p>\n<p><a href=\"https://laohu8.com/NW/2182062005\" target=\"_blank\">Lordstown Stock Sinks 11% Following Q3 Results, Endurance Electric Pickup Truck Launch Delayed</a></p>\n<p><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a>&nbsp;shares were trading more than 11% lower after-hours, following the company’s reported Q3 results. Quarterly EPS came in at ($0.54), better than the consensus estimate of ($0.59).</p>\n<p>According to Dan Ninivaggi, the CEO of Lordstown, Q2 marked a significant strategic shift for the company, noting the announced Agreement in Principle with Foxconn regarding the sale of its Lordstown, Ohio assembly plant and the negotiation of a contract manufacturing agreement.</p>\n<p><a href=\"https://laohu8.com/NW/2182206260\" target=\"_blank\">Luminar 3rd-quarter sales miss Wall Street estimates, shares slip</a></p>\n<p>Luminar makes a lidar sensor that helps self-driving cars and driver-assistance systems gain a three-dimensional view of the road. It has a deal with Volvo to put its sensors on the road starting next year.</p>\n<p>Sales for the quarter ended Sept. 30 totaled $8 million and adjusted losses were 10 cents per share. Analysts had expected sales of $8.89 million and adjusted losses of 10 cents per share, according to IBES data from Refinitiv.</p>","source":"lsy1601381805984","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>S&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow</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\">\nS&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected ...</p>\n\n<a href=\"https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174358718","content_text":"(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs.\nWalt Disney Co(DIS.N), falling in the wake of a disappointing earnings report, dragged the Dow into the red.\nThe bond market was closed in observance of Veterans Day, and in the absence of economic data and with third-quarter earnings season winding down, there were few catalysts to move markets in either direction.\n\"Days like today are really hard to judge because you essentially have half the market closed,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"Specific company and industry events are driving today’s markets.\"\n\"There will be a lot more trading tomorrow than today, so we’ll have to wait and see what will happen,\" Tuz added.\nInvestors were favoring growth(.IGX)over value(.IVX), and economically sensitive smallcaps(.RUT)and chips(.SOX)were outperforming the broader market.\nThe Philadelphia SE Semiconductor index(.SOX)gained 1.9%, bouncing back from its worst session in more than six weeks, driven by gains in Nvidia Corp(NVDA.O)after brokerage Susquehanna raised the chipmaker's price target.\nMarket participants were digesting recent inflation data, which suggested that the current wave of price spikes due to chronic worldwide supply challenges could have more staying power than many - including the U.S. Federal Reserve - had hoped.\nWith consumer sentiment data expected tomorrow and a string of retailers due to report quarterly earnings over the next few weeks, focus is shifting to consumer spending as the holiday shopping season approaches.\nThe Dow Jones Industrial Average(.DJI)fell 158.71 points, or 0.44%, to 35,921.23, the S&P 500(.SPX)gained 2.56 points, or 0.06%, to 4,649.27 and the Nasdaq Composite(.IXIC)added 81.58 points, or 0.52%, to 15,704.28.\nAmong the 11 major sectors of the S&P 500, six closed higher, with materials(.SPLRCM)leading the gainers. Utilities(.SPLRCU)suffered the largest percentage loss.\nShares of Walt Disney Co(DIS.N)sank 7.1% and were the heaviest drag on the Dow following its disappointing earnings release, in which the media company reported shortfalls in streaming subscribers and theme park revenues.read more\nElectric automaker Rivian Automotive Inc's(RIVN.O)shares jumped 22.1% a day after closing 29.1% above its offer price in its debut as a publicly traded company.\nRival Lucid Group Inc's(LCID.O)shares surged by 10.4%.\nBut Tesla Inc(TSLA.O)slipped 0.4% following news that CEO Elon Musk sold about $5 billion of the stock in the company over the last few days, following his infamous Twitter poll on whether he should shed 10% of his shares in the firm he founded.read more\nDillard's Inc(DDS.N)gained 10.0% after handily beating quarterly earnings and revenue forecasts. Fellow department stores Macy's Inc(M.N)and Nordstrom Inc(JWN.N), which have yet to report quarterly results, rose between 2% and 3.6%.\nTapestry Inc gained 8.4% after the luxury fashion accessories firm boosted its annual sales forecast and announced a $1 billion share buyback plan.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored advancers.\nThe S&P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 114 new highs and 125 new lows.\nVolume on U.S. exchanges was 9.61 billion shares, compared with the 10.91 billion average over the last 20 trading days.\nLordstown Stock Sinks 11% Following Q3 Results, Endurance Electric Pickup Truck Launch Delayed\nLordstown Motors Corp. shares were trading more than 11% lower after-hours, following the company’s reported Q3 results. Quarterly EPS came in at ($0.54), better than the consensus estimate of ($0.59).\nAccording to Dan Ninivaggi, the CEO of Lordstown, Q2 marked a significant strategic shift for the company, noting the announced Agreement in Principle with Foxconn regarding the sale of its Lordstown, Ohio assembly plant and the negotiation of a contract manufacturing agreement.\nLuminar 3rd-quarter sales miss Wall Street estimates, shares slip\nLuminar makes a lidar sensor that helps self-driving cars and driver-assistance systems gain a three-dimensional view of the road. It has a deal with Volvo to put its sensors on the road starting next year.\nSales for the quarter ended Sept. 30 totaled $8 million and adjusted losses were 10 cents per share. Analysts had expected sales of $8.89 million and adjusted losses of 10 cents per share, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879805581,"gmtCreate":1636697953090,"gmtModify":1636698080758,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879805581","repostId":"1115192108","repostType":4,"repost":{"id":"1115192108","pubTimestamp":1636696047,"share":"https://www.laohu8.com/m/news/1115192108?lang=&edition=full","pubTime":"2021-11-12 13:47","market":"sh","language":"en","title":"Are Rivian Automotive shares cheap or expensive?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115192108","media":"The fiscal times","summary":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you nee","content":"<p><b>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.</b></p>\n<p>What’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD.&nbsp;Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.</p>\n<p>So let’s take a closer look at Rivian Automotive and what’s behind all the hype?</p>\n<p>Highlights</p>\n<ul>\n <li>Rivian History</li>\n <li>IPO</li>\n <li>Opportunity</li>\n <li>Risks</li>\n <li>Conclusions</li>\n <li>Rating &amp; Fair Value Target</li>\n</ul>\n<p>HistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe. &nbsp;Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.</p>\n<p>Rivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).</p>\n<p><img src=\"https://static.tigerbbs.com/d1a14bbed113802408fbdf076ff4470b\" tg-width=\"699\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>The Rivian R1S sports utility vehicle</b></i></p>\n<p>Today, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78&nbsp;per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.</p>\n<p><img src=\"https://static.tigerbbs.com/fce0db4623415a5087830868ca8b1392\" tg-width=\"700\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>Rivian Automotive (RIVN) price chart</b></i></p>\n<p>OpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.</p>\n<p>In addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.</p>\n<p>In addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.</p>\n<p>The company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.</p>\n<p>Globally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.</p>\n<p>A key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.</p>\n<p>Funding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion&nbsp;cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.</p>\n<p>The company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.</p>\n<p>As of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.</p>\n<p>Some analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.</p>\n<p>Initial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.</p>\n<p>Another key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.</p>\n<p>Also, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.</p>\n<p>Rivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.</p>\n<p>Whilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.</p>\n<p>Rivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.</p>\n<p><img src=\"https://static.tigerbbs.com/9132ca6746200892bfe86ebef29927fd\" tg-width=\"700\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>The Rivian R1T light truck</b></i></p>\n<p>Granted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).</p>\n<p>The company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extreme<i>at the current valuation</i>(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').</p>\n<p>We define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.</p>\n<p>However, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.</p>\n<p>In conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating &amp; Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p>\n<p>We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.</p>\n<p>Rating &amp; Fair Value </p>\n<p>TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p>\n<p>We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.</p>","source":"lsy1631281755125","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>Are Rivian Automotive shares cheap or expensive?</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\">\nAre Rivian Automotive shares cheap or expensive?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/><strong>The fiscal times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.\nWhat’s best about ...</p>\n\n<a href=\"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115192108","content_text":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.\nWhat’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD. Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.\nSo let’s take a closer look at Rivian Automotive and what’s behind all the hype?\nHighlights\n\nRivian History\nIPO\nOpportunity\nRisks\nConclusions\nRating & Fair Value Target\n\nHistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe.  Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.\nRivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).\n\nThe Rivian R1S sports utility vehicle\nToday, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78 per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.\n\nRivian Automotive (RIVN) price chart\nOpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.\nIn addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.\nIn addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.\nThe company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.\nGlobally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.\nA key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.\nFunding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.\nThe company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.\nAs of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.\nSome analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.\nInitial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.\nAnother key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.\nAlso, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.\nRivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.\nWhilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.\nRivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.\n\nThe Rivian R1T light truck\nGranted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).\nThe company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extremeat the current valuation(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').\nWe define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.\nHowever, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.\nIn conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating & Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.\nRating & Fair Value \nTargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850899332,"gmtCreate":1634568729467,"gmtModify":1634568729533,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>how far can it go🤔","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>how far can it go🤔","text":"$Apple(AAPL)$how far can it go🤔","images":[{"img":"https://static.tigerbbs.com/dc4269e13a5105d42995546103125421","width":"720","height":"2165"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850899332","isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":826663500,"gmtCreate":1634014179757,"gmtModify":1634015969560,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>buy or not","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>buy or not","text":"$TENCENT(00700)$buy or not","images":[{"img":"https://static.tigerbbs.com/5e466dd89af10aa81ad71ae3c34f6d25","width":"1080","height":"2403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826663500","isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":879804077,"gmtCreate":1636697974599,"gmtModify":1636698085138,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879804077","repostId":"1174358718","repostType":4,"repost":{"id":"1174358718","pubTimestamp":1636671682,"share":"https://www.laohu8.com/m/news/1174358718?lang=&edition=full","pubTime":"2021-11-12 07:01","market":"us","language":"en","title":"S&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=1174358718","media":"Reuters","summary":"(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Na","content":"<p>(Reuters) - The S&amp;P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs.</p>\n<p>Walt Disney Co(DIS.N), falling in the wake of a disappointing earnings report, dragged the Dow into the red.</p>\n<p>The bond market was closed in observance of Veterans Day, and in the absence of economic data and with third-quarter earnings season winding down, there were few catalysts to move markets in either direction.</p>\n<p>\"Days like today are really hard to judge because you essentially have half the market closed,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"Specific company and industry events are driving today’s markets.\"</p>\n<p>\"There will be a lot more trading tomorrow than today, so we’ll have to wait and see what will happen,\" Tuz added.</p>\n<p>Investors were favoring growth(.IGX)over value(.IVX), and economically sensitive smallcaps(.RUT)and chips(.SOX)were outperforming the broader market.</p>\n<p>The Philadelphia SE Semiconductor index(.SOX)gained 1.9%, bouncing back from its worst session in more than six weeks, driven by gains in Nvidia Corp(NVDA.O)after brokerage Susquehanna raised the chipmaker's price target.</p>\n<p>Market participants were digesting recent inflation data, which suggested that the current wave of price spikes due to chronic worldwide supply challenges could have more staying power than many - including the U.S. Federal Reserve - had hoped.</p>\n<p>With consumer sentiment data expected tomorrow and a string of retailers due to report quarterly earnings over the next few weeks, focus is shifting to consumer spending as the holiday shopping season approaches.</p>\n<p>The Dow Jones Industrial Average(.DJI)fell 158.71 points, or 0.44%, to 35,921.23, the S&amp;P 500(.SPX)gained 2.56 points, or 0.06%, to 4,649.27 and the Nasdaq Composite(.IXIC)added 81.58 points, or 0.52%, to 15,704.28.</p>\n<p>Among the 11 major sectors of the S&amp;P 500, six closed higher, with materials(.SPLRCM)leading the gainers. Utilities(.SPLRCU)suffered the largest percentage loss.</p>\n<p>Shares of Walt Disney Co(DIS.N)sank 7.1% and were the heaviest drag on the Dow following its disappointing earnings release, in which the media company reported shortfalls in streaming subscribers and theme park revenues.read more</p>\n<p>Electric automaker Rivian Automotive Inc's(RIVN.O)shares jumped 22.1% a day after closing 29.1% above its offer price in its debut as a publicly traded company.</p>\n<p>Rival Lucid Group Inc's(LCID.O)shares surged by 10.4%.</p>\n<p>But Tesla Inc(TSLA.O)slipped 0.4% following news that CEO Elon Musk sold about $5 billion of the stock in the company over the last few days, following his infamous Twitter poll on whether he should shed 10% of his shares in the firm he founded.read more</p>\n<p>Dillard's Inc(DDS.N)gained 10.0% after handily beating quarterly earnings and revenue forecasts. Fellow department stores Macy's Inc(M.N)and Nordstrom Inc(JWN.N), which have yet to report quarterly results, rose between 2% and 3.6%.</p>\n<p>Tapestry Inc gained 8.4% after the luxury fashion accessories firm boosted its annual sales forecast and announced a $1 billion share buyback plan.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 114 new highs and 125 new lows.</p>\n<p>Volume on U.S. exchanges was 9.61 billion shares, compared with the 10.91 billion average over the last 20 trading days.</p>\n<p><a href=\"https://laohu8.com/NW/2182062005\" target=\"_blank\">Lordstown Stock Sinks 11% Following Q3 Results, Endurance Electric Pickup Truck Launch Delayed</a></p>\n<p><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a>&nbsp;shares were trading more than 11% lower after-hours, following the company’s reported Q3 results. Quarterly EPS came in at ($0.54), better than the consensus estimate of ($0.59).</p>\n<p>According to Dan Ninivaggi, the CEO of Lordstown, Q2 marked a significant strategic shift for the company, noting the announced Agreement in Principle with Foxconn regarding the sale of its Lordstown, Ohio assembly plant and the negotiation of a contract manufacturing agreement.</p>\n<p><a href=\"https://laohu8.com/NW/2182206260\" target=\"_blank\">Luminar 3rd-quarter sales miss Wall Street estimates, shares slip</a></p>\n<p>Luminar makes a lidar sensor that helps self-driving cars and driver-assistance systems gain a three-dimensional view of the road. It has a deal with Volvo to put its sensors on the road starting next year.</p>\n<p>Sales for the quarter ended Sept. 30 totaled $8 million and adjusted losses were 10 cents per share. Analysts had expected sales of $8.89 million and adjusted losses of 10 cents per share, according to IBES data from Refinitiv.</p>","source":"lsy1601381805984","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>S&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500, Nasdaq rise on chipmaker boost; Disney weighs on Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected ...</p>\n\n<a href=\"https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/business/futures-rise-after-inflation-driven-rout-disney-shares-tumble-2021-11-11/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174358718","content_text":"(Reuters) - The S&P 500 ended only nominally higher on Thursday, with chipmakers helping push the Nasdaq into green territory in a muted Veterans Day session, the day after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs.\nWalt Disney Co(DIS.N), falling in the wake of a disappointing earnings report, dragged the Dow into the red.\nThe bond market was closed in observance of Veterans Day, and in the absence of economic data and with third-quarter earnings season winding down, there were few catalysts to move markets in either direction.\n\"Days like today are really hard to judge because you essentially have half the market closed,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"Specific company and industry events are driving today’s markets.\"\n\"There will be a lot more trading tomorrow than today, so we’ll have to wait and see what will happen,\" Tuz added.\nInvestors were favoring growth(.IGX)over value(.IVX), and economically sensitive smallcaps(.RUT)and chips(.SOX)were outperforming the broader market.\nThe Philadelphia SE Semiconductor index(.SOX)gained 1.9%, bouncing back from its worst session in more than six weeks, driven by gains in Nvidia Corp(NVDA.O)after brokerage Susquehanna raised the chipmaker's price target.\nMarket participants were digesting recent inflation data, which suggested that the current wave of price spikes due to chronic worldwide supply challenges could have more staying power than many - including the U.S. Federal Reserve - had hoped.\nWith consumer sentiment data expected tomorrow and a string of retailers due to report quarterly earnings over the next few weeks, focus is shifting to consumer spending as the holiday shopping season approaches.\nThe Dow Jones Industrial Average(.DJI)fell 158.71 points, or 0.44%, to 35,921.23, the S&P 500(.SPX)gained 2.56 points, or 0.06%, to 4,649.27 and the Nasdaq Composite(.IXIC)added 81.58 points, or 0.52%, to 15,704.28.\nAmong the 11 major sectors of the S&P 500, six closed higher, with materials(.SPLRCM)leading the gainers. Utilities(.SPLRCU)suffered the largest percentage loss.\nShares of Walt Disney Co(DIS.N)sank 7.1% and were the heaviest drag on the Dow following its disappointing earnings release, in which the media company reported shortfalls in streaming subscribers and theme park revenues.read more\nElectric automaker Rivian Automotive Inc's(RIVN.O)shares jumped 22.1% a day after closing 29.1% above its offer price in its debut as a publicly traded company.\nRival Lucid Group Inc's(LCID.O)shares surged by 10.4%.\nBut Tesla Inc(TSLA.O)slipped 0.4% following news that CEO Elon Musk sold about $5 billion of the stock in the company over the last few days, following his infamous Twitter poll on whether he should shed 10% of his shares in the firm he founded.read more\nDillard's Inc(DDS.N)gained 10.0% after handily beating quarterly earnings and revenue forecasts. Fellow department stores Macy's Inc(M.N)and Nordstrom Inc(JWN.N), which have yet to report quarterly results, rose between 2% and 3.6%.\nTapestry Inc gained 8.4% after the luxury fashion accessories firm boosted its annual sales forecast and announced a $1 billion share buyback plan.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored advancers.\nThe S&P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 114 new highs and 125 new lows.\nVolume on U.S. exchanges was 9.61 billion shares, compared with the 10.91 billion average over the last 20 trading days.\nLordstown Stock Sinks 11% Following Q3 Results, Endurance Electric Pickup Truck Launch Delayed\nLordstown Motors Corp. shares were trading more than 11% lower after-hours, following the company’s reported Q3 results. Quarterly EPS came in at ($0.54), better than the consensus estimate of ($0.59).\nAccording to Dan Ninivaggi, the CEO of Lordstown, Q2 marked a significant strategic shift for the company, noting the announced Agreement in Principle with Foxconn regarding the sale of its Lordstown, Ohio assembly plant and the negotiation of a contract manufacturing agreement.\nLuminar 3rd-quarter sales miss Wall Street estimates, shares slip\nLuminar makes a lidar sensor that helps self-driving cars and driver-assistance systems gain a three-dimensional view of the road. It has a deal with Volvo to put its sensors on the road starting next year.\nSales for the quarter ended Sept. 30 totaled $8 million and adjusted losses were 10 cents per share. Analysts had expected sales of $8.89 million and adjusted losses of 10 cents per share, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693476774,"gmtCreate":1640071875132,"gmtModify":1640071875132,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693476774","repostId":"1145000046","repostType":4,"repost":{"id":"1145000046","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640056633,"share":"https://www.laohu8.com/m/news/1145000046?lang=&edition=full","pubTime":"2021-12-21 11:17","market":"us","language":"en","title":"5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1145000046","media":"Benzinga","summary":"The shortened holiday week will see less public offerings and earnings from public companies. The we","content":"<p>The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still&nbsp;reporting earnings this week, which could be worth putting on investors’ radar.</p>\n<p><img src=\"https://static.tigerbbs.com/49fcc3c6cc90d72b9c6e7cd7bf6a4db7\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"></p>\n<p><b>Rite Aid:</b>Pharmacy company&nbsp;<b>Rite Aid Corp</b>&nbsp;reports third quarter financial results before the market open on&nbsp;Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to&nbsp;<b>Benzinga Pro</b>. The company&nbsp;reported&nbsp;first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.</p>\n<p>Rivals&nbsp;<b>CVS Health</b>&nbsp;and&nbsp;<b>Walgreens Boots Alliance</b>&nbsp;reported earnings in November and October respectively and saw strong beats.</p>\n<p>The company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.</p>\n<p><b>General Mills:</b>Packaged food company&nbsp;<b>General Mills</b>&nbsp;reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.</p>\n<p>The company is&nbsp;working&nbsp;on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.</p>\n<p>General Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.</p>\n<p>The company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.</p>\n<p><b>BlackBerry:</b>Software company&nbsp;<b>BlackBerry</b>&nbsp;reports third quarter financial results after the market close on&nbsp;Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s&nbsp;most recent quarter&nbsp;saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.</p>\n<p>Blackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.</p>\n<p>BlackBerry announced it made&nbsp;<b>John Giamatteo</b>, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.</p>\n<p>The street is estimating third quarter revenue of $177.3 million.</p>\n<p><b>CarMax:</b>The nation’s largest retailer of used autos,<b>CarMax Inc</b>&nbsp;could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.</p>\n<p>The street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.</p>\n<p>The company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the&nbsp;second quarter, which was up 48.7% year-over-year.</p>\n<p>Carmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.</p>\n<p><b>Paychex:</b>Leading payroll company&nbsp;<b>Paychex Inc</b>&nbsp;reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.</p>\n<p>Paychex&nbsp;reported&nbsp;first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.</p>\n<p>Paychex reported second quarter revenue of $983.7 million in last year’s second quarter.</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>5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More</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\">\n5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-12-21 11:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still&nbsp;reporting earnings this week, which could be worth putting on investors’ radar.</p>\n<p><img src=\"https://static.tigerbbs.com/49fcc3c6cc90d72b9c6e7cd7bf6a4db7\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"></p>\n<p><b>Rite Aid:</b>Pharmacy company&nbsp;<b>Rite Aid Corp</b>&nbsp;reports third quarter financial results before the market open on&nbsp;Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to&nbsp;<b>Benzinga Pro</b>. The company&nbsp;reported&nbsp;first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.</p>\n<p>Rivals&nbsp;<b>CVS Health</b>&nbsp;and&nbsp;<b>Walgreens Boots Alliance</b>&nbsp;reported earnings in November and October respectively and saw strong beats.</p>\n<p>The company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.</p>\n<p><b>General Mills:</b>Packaged food company&nbsp;<b>General Mills</b>&nbsp;reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.</p>\n<p>The company is&nbsp;working&nbsp;on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.</p>\n<p>General Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.</p>\n<p>The company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.</p>\n<p><b>BlackBerry:</b>Software company&nbsp;<b>BlackBerry</b>&nbsp;reports third quarter financial results after the market close on&nbsp;Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s&nbsp;most recent quarter&nbsp;saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.</p>\n<p>Blackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.</p>\n<p>BlackBerry announced it made&nbsp;<b>John Giamatteo</b>, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.</p>\n<p>The street is estimating third quarter revenue of $177.3 million.</p>\n<p><b>CarMax:</b>The nation’s largest retailer of used autos,<b>CarMax Inc</b>&nbsp;could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.</p>\n<p>The street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.</p>\n<p>The company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the&nbsp;second quarter, which was up 48.7% year-over-year.</p>\n<p>Carmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.</p>\n<p><b>Paychex:</b>Leading payroll company&nbsp;<b>Paychex Inc</b>&nbsp;reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.</p>\n<p>Paychex&nbsp;reported&nbsp;first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.</p>\n<p>Paychex reported second quarter revenue of $983.7 million in last year’s second quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RAD":"来德爱","BB":"黑莓","PAYX":"沛齐","KMX":"车美仕","GIS":"通用磨坊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145000046","content_text":"The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still reporting earnings this week, which could be worth putting on investors’ radar.\n\nRite Aid:Pharmacy company Rite Aid Corp reports third quarter financial results before the market open on Tuesday. Analysts are expecting the company to report $6.32 billion in revenue, according to Benzinga Pro. The company reported first quarter revenue of $6.16 billion and second quarter revenue of $6.11 billion. Prior to missing street estimates for the first and second quarter, Rite Aid had beat revenue estimates from the street in six straight quarters.\nRivals CVS Health and Walgreens Boots Alliance reported earnings in November and October respectively and saw strong beats.\nThe company raised its adjusted EBITDA guidance on the last quarterly report and could see strong financials in the third quarter.\nGeneral Mills:Packaged food company General Mills reports second quarter financial results before Tuesday's market open. The company saw a 4% year-over-year increase in sales to $4.5 billion in the first quarter. Analysts are expecting the company to report second quarter revenue of $4.84 billion versus $4.72 billion in the prior year’s period, a 2.5% increase.\nThe company is working on its Accelerate strategy to drive shareholder returns and profits, this includes acquisitions and divestitures. The food company could update further on this strategy with its earnings report.\nGeneral Mills said earlier this year that consumer behaviors are leading to increased demand for food at home, which plays into its favor across several categories.\nThe company has beat revenue estimates from the street in the last six quarters, a streak that could continue this week.\nBlackBerry:Software company BlackBerry reports third quarter financial results after the market close on Tuesday. Well-known for years as a smartphone company, BlackBerry now generates money from licensing and various sectors. The company’s most recent quarter saw Internet of Things sector revenue of $40 million, cybersecurity revenue of $120 million and licensing revenue of $15 million.\nBlackberry said all its business lines beat expectations in the most recent quarter. The company’s second quarter revenue of $175 million beat the street estimate by 7% and marked two straight quarterly revenue beats.\nBlackBerry announced it made John Giamatteo, the former President at McAfee, its President of cybersecurity. Demand for both segments could continue for the company with a strong quarterly report and guidance.\nThe street is estimating third quarter revenue of $177.3 million.\nCarMax:The nation’s largest retailer of used autos,CarMax Inc could continue to see strong demand with a shift to increased market share for online car buying and selling. The company has beat street estimates in nine of the last ten quarters.\nThe street estimate for CarMax’s third quarter is $7.46 billion in revenue, which would be down from the $7.7 billion and $8.0 billion reported in the first and second quarters, respectively. CarMax reports third quarter financial results Wednesday before market open.\nThe company has two back-to-back double-digit beats for revenue versus street consensus, including the company’s record $8 billion in the second quarter, which was up 48.7% year-over-year.\nCarmax bought over 364,000 vehicles in the second quarter, up 59% year-over-year. Assuming strong demand from consumers, the increased inventory could help boost the company’s third quarter and lead to a beat.\nPaychex:Leading payroll company Paychex Inc reports second quarter financial results before market open Wednesday. The street is estimating second quarter revenue of $1.06 billion. The company has turned in nine straight revenue beats versus street estimates.\nPaychex reported first quarter revenue growth of 16% year-over-year, and sees full year revenue increasing 8% year-over-year. If the company’s second quarter looks closer to the first quarter for growth and operations, Paychex could bump up its guidance.\nPaychex reported second quarter revenue of $983.7 million in last year’s second quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603034399,"gmtCreate":1638337119440,"gmtModify":1638337300855,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603034399","repostId":"1102204470","repostType":4,"repost":{"id":"1102204470","pubTimestamp":1638329236,"share":"https://www.laohu8.com/m/news/1102204470?lang=&edition=full","pubTime":"2021-12-01 11:27","market":"sg","language":"en","title":"Singapore and Hong Kong no longer world's costliest cities: EIU","url":"https://stock-news.laohu8.com/highlight/detail?id=1102204470","media":"businesstimes","summary":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, ","content":"<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore and Hong Kong no longer world's costliest cities: EIU</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore and Hong Kong no longer world's costliest cities: EIU\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102204470","content_text":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest city in Asia, joining Paris for second place and jumping 2 spots from last year. Hong Kong is also among the world's costliest cities, slipping to fifth place from a joint-top spot last year.\nTel Aviv, Israel, has taken the top spot for the first time, rising from fifth place last year. This is mainly due to the shekel appreciating, making local costs more expensive against the US dollar. Approximately one-tenth of the city's goods experienced price increases, particularly in groceries and transport.\nAround the world, supply chain disruptions and changing consumer demand have driven up the cost of living. The Covid-19 pandemic and restrictions continue to affect production and trade, according to the report.\nUpasana Dutt, head of worldwide cost of living at EIU, said: \"Similar to previous years, European and developed Asian cities remain at the top of the WCOL (Worldwide Cost of Living) rankings, but the global supply chain disruption has reshuffled the rankings of this edition with Hong Kong dislodged from its top spot last year while Singapore climbed 2 places to joint second with Paris.\"\nThe inflation rate is the highest in 5 years at 3.5 per cent year on year, compared to just 1.9 per cent last year.\nTransport costs rose the fastest this year because of rising oil prices, leading to a 21 per cent increase in unleaded petrol. Additionally, the categories of recreation, tobacco and personal care costs also rose.\nDutt expects costs of living to continue to rise over the coming year as wages increase in many sectors. Central banks may raise interest rates to stem inflation. She noted that as a result, price increases will start to moderate from this year's level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603034003,"gmtCreate":1638337109655,"gmtModify":1638337296473,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603034003","repostId":"1102204470","repostType":4,"repost":{"id":"1102204470","pubTimestamp":1638329236,"share":"https://www.laohu8.com/m/news/1102204470?lang=&edition=full","pubTime":"2021-12-01 11:27","market":"sg","language":"en","title":"Singapore and Hong Kong no longer world's costliest cities: EIU","url":"https://stock-news.laohu8.com/highlight/detail?id=1102204470","media":"businesstimes","summary":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, ","content":"<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore and Hong Kong no longer world's costliest cities: EIU</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore and Hong Kong no longer world's costliest cities: EIU\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/asean-business/singapore-and-hong-kong-no-longer-worlds-costliest-cities-eiu","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102204470","content_text":"TEL Aviv has overtaken both Singapore and Hong Kong to become the most expensive city in the world, according to a 2021 report by the Economic Intelligence Unit (EIU). Singapore remains the costliest city in Asia, joining Paris for second place and jumping 2 spots from last year. Hong Kong is also among the world's costliest cities, slipping to fifth place from a joint-top spot last year.\nTel Aviv, Israel, has taken the top spot for the first time, rising from fifth place last year. This is mainly due to the shekel appreciating, making local costs more expensive against the US dollar. Approximately one-tenth of the city's goods experienced price increases, particularly in groceries and transport.\nAround the world, supply chain disruptions and changing consumer demand have driven up the cost of living. The Covid-19 pandemic and restrictions continue to affect production and trade, according to the report.\nUpasana Dutt, head of worldwide cost of living at EIU, said: \"Similar to previous years, European and developed Asian cities remain at the top of the WCOL (Worldwide Cost of Living) rankings, but the global supply chain disruption has reshuffled the rankings of this edition with Hong Kong dislodged from its top spot last year while Singapore climbed 2 places to joint second with Paris.\"\nThe inflation rate is the highest in 5 years at 3.5 per cent year on year, compared to just 1.9 per cent last year.\nTransport costs rose the fastest this year because of rising oil prices, leading to a 21 per cent increase in unleaded petrol. Additionally, the categories of recreation, tobacco and personal care costs also rose.\nDutt expects costs of living to continue to rise over the coming year as wages increase in many sectors. Central banks may raise interest rates to stem inflation. She noted that as a result, price increases will start to moderate from this year's level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850899332,"gmtCreate":1634568729467,"gmtModify":1634568729533,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>how far can it go🤔","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>how far can it go🤔","text":"$Apple(AAPL)$how far can it go🤔","images":[{"img":"https://static.tigerbbs.com/dc4269e13a5105d42995546103125421","width":"720","height":"2165"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850899332","isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":696047651,"gmtCreate":1640585311175,"gmtModify":1640585364533,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696047651","repostId":"2194177596","repostType":4,"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696047361,"gmtCreate":1640585287700,"gmtModify":1640585364034,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696047361","repostId":"2193173075","repostType":4,"repost":{"id":"2193173075","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1640573342,"share":"https://www.laohu8.com/m/news/2193173075?lang=&edition=full","pubTime":"2021-12-27 10:49","market":"us","language":"en","title":"Asset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2193173075","media":"Reuters","summary":"LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne","content":"<p>LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.</p>\n<p>Online platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.</p>\n<p>Data from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.</p>\n<p>The charge was led by Salon le Mesnil's 2002</p>\n<p>vintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).</p>\n<p>That beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index</p>\n<p>of Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.</p>\n<p>Taittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.</p>\n<p>LiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".</p>\n<p>Champagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended&nbsp;shortly after Joe Biden took over.</p>\n<p>Cristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.</p>\n<p>The prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.</p>\n<p>A record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.</p>\n<p>The Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.</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>Asset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021</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\">\nAsset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-27 10:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.</p>\n<p>Online platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.</p>\n<p>Data from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.</p>\n<p>The charge was led by Salon le Mesnil's 2002</p>\n<p>vintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).</p>\n<p>That beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index</p>\n<p>of Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.</p>\n<p>Taittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.</p>\n<p>LiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".</p>\n<p>Champagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended&nbsp;shortly after Joe Biden took over.</p>\n<p>Cristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.</p>\n<p>The prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.</p>\n<p>A record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.</p>\n<p>The Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4551":"寇图资本持仓","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","NFLX":"奈飞","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","TSLA":"特斯拉","BK4553":"喜马拉雅资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4525":"远程办公概念","BK4566":"资本集团","BK4508":"社交媒体","BK4524":"宅经济概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193173075","content_text":"LONDON, Dec 24 (Reuters) - You might be tempted to pop corks if you've invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.\nOnline platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.\nData from LiveTrade, which runs the \"Bordeaux Index\" of drinks, showed champagne accounted for 15 of the 20 top price rises on the platform in 2021.\nThe charge was led by Salon le Mesnil's 2002\nvintage, described by its producer as \"captivating like a samurai sword\". It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle ($15,700).\nThat beats bitcoin's 75% rise and is nearly five times more than the 18% made by the NYFANG+TM stocks index\nof Facebook, Amazon, Netflix, Google, Tesla and Microsoft which have powered world equity market gains of late.\nTaittinger's Comtes de Champagne 2006 also sparkled, along with Krug's 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.\nLiveTrade CEO Matthew O'Connell said several factors had fuelled a boom in fine-wine trading this year - \"from low interest rates and high levels of savings accumulated by the wealthy during numerous global lockdowns, to a growing focus on hard assets in the face of rising inflationary pressures\".\nChampagne benefited early in the year as it was exempt from the 25% U.S. tariffs put on European wines by Donald Trump's U.S. administration which were then suspended shortly after Joe Biden took over.\nCristal's 2012 and 2013 champagnes were the most-traded bottles of the year overall, LiveTrade said, followed by leading fine wine, the 6,450-a-bottle Lafite Rothschild 2014.\nThe prized claret brand's stellar performance was driven by normally less coveted \"off\" vintages – namely 2011, 2012, 2014 and 2017 - all of which enjoyed 25% plus sales growth.\nA record 220,000 bottles were traded this year on LiveTrade at an average bottle price of about 230 pounds ($308.50) apiece. A tenth of all bottles traded saw their prices rise by over 30%.\nThe Champagne 50 index was the top-performing sub-index in the Liv-ex Fine Wine 1000, up 33.8% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879805581,"gmtCreate":1636697953090,"gmtModify":1636698080758,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go","listText":"Go","text":"Go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879805581","repostId":"1115192108","repostType":4,"repost":{"id":"1115192108","pubTimestamp":1636696047,"share":"https://www.laohu8.com/m/news/1115192108?lang=&edition=full","pubTime":"2021-11-12 13:47","market":"sh","language":"en","title":"Are Rivian Automotive shares cheap or expensive?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115192108","media":"The fiscal times","summary":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you nee","content":"<p><b>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.</b></p>\n<p>What’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD.&nbsp;Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.</p>\n<p>So let’s take a closer look at Rivian Automotive and what’s behind all the hype?</p>\n<p>Highlights</p>\n<ul>\n <li>Rivian History</li>\n <li>IPO</li>\n <li>Opportunity</li>\n <li>Risks</li>\n <li>Conclusions</li>\n <li>Rating &amp; Fair Value Target</li>\n</ul>\n<p>HistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe. &nbsp;Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.</p>\n<p>Rivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).</p>\n<p><img src=\"https://static.tigerbbs.com/d1a14bbed113802408fbdf076ff4470b\" tg-width=\"699\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>The Rivian R1S sports utility vehicle</b></i></p>\n<p>Today, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78&nbsp;per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.</p>\n<p><img src=\"https://static.tigerbbs.com/fce0db4623415a5087830868ca8b1392\" tg-width=\"700\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>Rivian Automotive (RIVN) price chart</b></i></p>\n<p>OpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.</p>\n<p>In addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.</p>\n<p>In addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.</p>\n<p>The company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.</p>\n<p>Globally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.</p>\n<p>A key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.</p>\n<p>Funding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion&nbsp;cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.</p>\n<p>The company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.</p>\n<p>As of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.</p>\n<p>Some analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.</p>\n<p>Initial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.</p>\n<p>Another key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.</p>\n<p>Also, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.</p>\n<p>Rivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.</p>\n<p>Whilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.</p>\n<p>Rivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.</p>\n<p><img src=\"https://static.tigerbbs.com/9132ca6746200892bfe86ebef29927fd\" tg-width=\"700\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p>\n<p><i><b>The Rivian R1T light truck</b></i></p>\n<p>Granted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).</p>\n<p>The company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extreme<i>at the current valuation</i>(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').</p>\n<p>We define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.</p>\n<p>However, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.</p>\n<p>In conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating &amp; Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p>\n<p>We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.</p>\n<p>Rating &amp; Fair Value </p>\n<p>TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p>\n<p>We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.</p>","source":"lsy1631281755125","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>Are Rivian Automotive shares cheap or expensive?</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\">\nAre Rivian Automotive shares cheap or expensive?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/><strong>The fiscal times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.\nWhat’s best about ...</p>\n\n<a href=\"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115192108","content_text":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.\nWhat’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD. Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.\nSo let’s take a closer look at Rivian Automotive and what’s behind all the hype?\nHighlights\n\nRivian History\nIPO\nOpportunity\nRisks\nConclusions\nRating & Fair Value Target\n\nHistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe.  Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.\nRivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).\n\nThe Rivian R1S sports utility vehicle\nToday, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78 per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.\n\nRivian Automotive (RIVN) price chart\nOpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.\nIn addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.\nIn addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.\nThe company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.\nGlobally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.\nA key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.\nFunding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.\nThe company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.\nAs of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.\nSome analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.\nInitial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.\nAnother key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.\nAlso, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.\nRivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.\nWhilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.\nRivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.\n\nThe Rivian R1T light truck\nGranted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).\nThe company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extremeat the current valuation(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').\nWe define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.\nHowever, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.\nIn conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating & Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.\nRating & Fair Value \nTargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826663500,"gmtCreate":1634014179757,"gmtModify":1634015969560,"author":{"id":"4097116985045690","authorId":"4097116985045690","name":"hiello","avatar":"https://static.tigerbbs.com/1c9078c159d94b9c0607e7d04f093848","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>buy or not","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>buy or not","text":"$TENCENT(00700)$buy or not","images":[{"img":"https://static.tigerbbs.com/5e466dd89af10aa81ad71ae3c34f6d25","width":"1080","height":"2403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826663500","isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}