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2021-12-03

He sell and buy back at the bottom

Elon Musk continued to sell his Tesla stocks.

2021-12-03

Just wait and see [Cool]

DIDI prepares to delist from U.S. stocks and to list in Hong Kong.

2021-12-01

Thanks for sharing

Stock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty

2021-11-27

Sad to hear that

Why Tesla Stock Tumbled Today

2021-12-03

Time to buy

The three US EV giant fell in early trading

2021-11-27

Ok

Musk Has Now Sold More Than Half the Stock He Vowed on Twitter

2021-12-01

Good

10 Biggest Price Target Changes For Wednesday

2021-12-01

Too long...can you summarise the content?

Why I'm Buying AMC's Debt

2021-11-27

Noted [得意]

Tesla shares fell nearly 4% in early trading

去老虎APP查看更多动态

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe three US EV giant fell in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-02 23:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p>\n<p><img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc.","LCID":"Lucid Group Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115803962","content_text":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601163902,"gmtCreate":1638498483804,"gmtModify":1638498791251,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Just wait and see&nbsp;[Cool]&nbsp;","listText":"Just wait and see&nbsp;[Cool]&nbsp;","text":"Just wait and see [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601163902","repostId":"1101828151","repostType":2,"repost":{"id":"1101828151","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638493297,"share":"https://www.laohu8.com/m/news/1101828151?lang=&edition=full","pubTime":"2021-12-03 09:01","market":"hk","language":"en","title":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101828151","media":"Tiger Newspress","summary":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. 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The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<p></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>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.</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\">\nDIDI prepares to delist from U.S. stocks and to list in Hong Kong.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-03 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DIDI&nbsp;prepares to delist from U.S. stocks and&nbsp;to list in Hong Kong.</p>\n<p>DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p>\n<p>The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101828151","content_text":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.\nThe Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603367040,"gmtCreate":1638367895710,"gmtModify":1638368082971,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603367040","repostId":"1120605182","repostType":4,"repost":{"id":"1120605182","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":1638365714,"share":"https://www.laohu8.com/m/news/1120605182?lang=&edition=full","pubTime":"2021-12-01 21:35","market":"us","language":"en","title":"10 Biggest Price Target Changes For Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1120605182","media":"Benzinga","summary":"Morgan Stanley boosted Zscaler, Inc. price target from $275 to $330. Zscaler shares rose 7.1% to $37","content":"<ul>\n <li>Morgan Stanley boosted&nbsp;<b>Zscaler, Inc.</b>&nbsp;price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.</li>\n <li>Citigroup boosted&nbsp;<b>Applied Materials, Inc.</b>&nbsp;price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.</li>\n <li>Goldman Sachs cut the price target on&nbsp;<b>TG Therapeutics, Inc.</b>&nbsp;from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.</li>\n <li>Wells Fargo boosted the price target for&nbsp;<b>Ambarella, Inc.</b>&nbsp;from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.</li>\n <li>Barclays cut&nbsp;<b>Sigilon Therapeutics, Inc.</b>&nbsp;price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.</li>\n <li>Credit Suisse lifted the price target on&nbsp;<b>GLOBALFOUNDRIES Inc.</b>&nbsp;from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.</li>\n <li>DA Davidson raised&nbsp;<b>Helen of Troy Limited</b>&nbsp;price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.</li>\n <li>Jefferies lifted&nbsp;<b>ImmunoGen, Inc.</b>&nbsp;price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.</li>\n <li>Susquehanna raised the price target on&nbsp;<b>NetApp, Inc.</b>&nbsp;from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.</li>\n <li>Truist Securities boosted the price target for&nbsp;<b>Salesforce.com, inc.</b>&nbsp;from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Biggest Price Target Changes For Wednesday</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\">\n10 Biggest Price Target Changes For Wednesday\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\">2021-12-01 21:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Morgan Stanley boosted&nbsp;<b>Zscaler, Inc.</b>&nbsp;price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.</li>\n <li>Citigroup boosted&nbsp;<b>Applied Materials, Inc.</b>&nbsp;price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.</li>\n <li>Goldman Sachs cut the price target on&nbsp;<b>TG Therapeutics, Inc.</b>&nbsp;from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.</li>\n <li>Wells Fargo boosted the price target for&nbsp;<b>Ambarella, Inc.</b>&nbsp;from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.</li>\n <li>Barclays cut&nbsp;<b>Sigilon Therapeutics, Inc.</b>&nbsp;price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.</li>\n <li>Credit Suisse lifted the price target on&nbsp;<b>GLOBALFOUNDRIES Inc.</b>&nbsp;from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.</li>\n <li>DA Davidson raised&nbsp;<b>Helen of Troy Limited</b>&nbsp;price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.</li>\n <li>Jefferies lifted&nbsp;<b>ImmunoGen, Inc.</b>&nbsp;price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.</li>\n <li>Susquehanna raised the price target on&nbsp;<b>NetApp, Inc.</b>&nbsp;from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.</li>\n <li>Truist Securities boosted the price target for&nbsp;<b>Salesforce.com, inc.</b>&nbsp;from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HELE":"海伦特洛伊家电","NTAP":"美国网存","SGTX":"Sigilon Therapeutics, Inc.","AMBA":"安霸","GFS":"GLOBALFOUNDRIES Inc.","IMGN":"ImmunoGen","ZS":"Zscaler Inc.","CRM":"赛富时","TGTX":"TG Therapeutics Inc.","AMAT":"应用材料"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120605182","content_text":"Morgan Stanley boosted Zscaler, Inc. price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.\nCitigroup boosted Applied Materials, Inc. price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.\nGoldman Sachs cut the price target on TG Therapeutics, Inc. from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.\nWells Fargo boosted the price target for Ambarella, Inc. from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.\nBarclays cut Sigilon Therapeutics, Inc. price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.\nCredit Suisse lifted the price target on GLOBALFOUNDRIES Inc. from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.\nDA Davidson raised Helen of Troy Limited price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.\nJefferies lifted ImmunoGen, Inc. price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.\nSusquehanna raised the price target on NetApp, Inc. from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.\nTruist Securities boosted the price target for Salesforce.com, inc. from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603365171,"gmtCreate":1638367795908,"gmtModify":1638367920158,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Too long...can you summarise the content?","listText":"Too long...can you summarise the content?","text":"Too long...can you summarise the content?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603365171","repostId":"1125581925","repostType":4,"repost":{"id":"1125581925","pubTimestamp":1638366944,"share":"https://www.laohu8.com/m/news/1125581925?lang=&edition=full","pubTime":"2021-12-01 21:55","market":"us","language":"en","title":"Why I'm Buying AMC's Debt","url":"https://stock-news.laohu8.com/highlight/detail?id=1125581925","media":"Seeking Alpha","summary":"Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up i","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.</li>\n <li>AMC has been recovering well in the past few months and is set to return to profitability next quarter.</li>\n <li>While there is still a ways to go before it is in a healthy cash position, AMC is in a suitable position to justify investing in its bonds.</li>\n <li>AMC was in dire need of capital in the early stages of the pandemic, so it sold bonds with high yields and coupon rates in order to attract creditors.</li>\n <li>Now that the company has been able to reduce its risk of defaulting, investors can take advantage of these high-yield, underpriced loans with a bit more confidence.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36eaf0afdfff7e41320877f345125b8c\" tg-width=\"1536\" tg-height=\"1034\" width=\"100%\" height=\"auto\"><span>Mario Tama/Getty Images News</span></p>\n<p>Earlier this year, as I’m sure most readers are aware, AMC Entertainment(NYSE:AMC)got caught up in the ‘Wall Street Bets’ mania that took the retail investor crowd by storm. Reaching a peak of $72.62 back in June, AMC is now a ways off of its height but is still trading at a fairly elevated level of $33.94 (at the time of article submission). This isn’t an article meant to analyze if this new price is the new norm, I don’t really think that there’s a case to be made that it is. Instead, I’ll be looking at some of AMC’s available bonds, in increasing order of security, and why I believe they’re some of the most attractive securities on the market right now, especially for income investors.</p>\n<p><b>Likelihood of Payout</b></p>\n<p>Before I look at the bonds themselves, understanding the security, or potential lack thereof, that they offer is important. Having&nbsp;lost $4.6 billion&nbsp;last year, and $149 million before the COVID era, it may seem ludicrous to even consider the fact that AMC is a good bet for creditors. However, the company took full advantage of its “meme stock” status and has raised significant funds off the back of its incredibly inflated valuation.</p>\n<p>Even before the company earned its meme status, AMC had raised&nbsp;$917 million&nbsp;from mid-December to late January. $506 million of this came from the sale of new equity and the company was able to convert $100 million in second-lien debt into equity as well. AMC was alsoable to convert $600 million&nbsp;in senior notes held by Silver Lake into equity. The company has also raisedmore than $1 billion&nbsp;from April and November of the previous year through equity and debt raises, as well as “a modest amount of asset sales.” These early capital raises enabled AMC to become a bit better-equipped to handle its existing debt load in light of the previous year’s poor performance. However, all of this together still wasn’t really enough.</p>\n<p>Then, late in January, things changed rapidly for the struggling movie giant. Trading at around $5 on January 26, shares would rise to about $20 the following day. While they would soon retreat from such highs, shares sustained an elevated level of trading until late May came around and shares broke the $60 barrier in a matter of days. This new price presented AMC with a golden opportunity.</p>\n<p>While the company waited a little to fully seize the opportunity,AMC raised&nbsp;a total of $1.246 billion in the second quarter. All in equity. With such an elevated stock price, AMC was able to raise far more money than they would’ve been able to previously and at a far lower level of dilution. After this more aggressive round of funding, AMC’s CEO, Adam Aron, said of the raise “[it has] substantially strengthen[ed] and improv[ed] AMC’s balance sheet, providing valuable flexibility to respond to potential challenges and capitalize on attractive opportunities in the future.” The last part of this I find particularly interesting, as it implies that AMC may even have some excess capital to invest if a particularly attractive opportunity presents itself. While I’m not sure if AMC is quite in the position to begin spending money on new opportunities again, it does speak towards the confidence in the company’s current capital structure.</p>\n<p>Even before this incredible capital raise, Mr. Aron was rather pleased with the company’s standing,saying: “I am optimistic and confident about AMC’s ability to weather this COVID-19 storm. Our focus is no longer on survival.” The executive’s remarks, made in March, even came before AMC’s strongest rally in the stock market. This level of confidence, coming before the company’s largest capital raise, provides even further reassurance. But enough of this discussion of sentiment. With all of this recent movement, what exactly is AMC’s cash position?</p>\n<p><img src=\"https://static.tigerbbs.com/f42c5be344a583c11229ebdc7cda4973\" tg-width=\"814\" tg-height=\"491\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fae8632ca98e5f7c7bcae4dab18268aa\" tg-width=\"831\" tg-height=\"491\" width=\"100%\" height=\"auto\"><span>Source: Author’s Calculations via Bloomberg Terminal</span></p>\n<p>Examining the company’s liquidity ratios, AMC unsurprisingly isn’t terribly well-positioned. The company’s current ratio, which measures current assets versus current liabilities, has trended below one since data is available. The quick ratio, which excludes inventory from the measure, has never reached 1 for as far back as public data goes. While inventory is typically considered rather liquid, it can require significant time to convert into cash, hence the ‘quick’ liquidity ratio. A ratio of 1 or above signifies that a company’s easily liquidable assets are able to cover all of its short-term debt obligations. As AMC does not have a current ratio, or quick ratio for that matter, above this mark, it cannot simply rely on easy liquidation and current cash to cover its short-term liabilities.</p>\n<p>Similarly, looking at the company’s debt to asset ratio, we can see that debt dramatically outweighs the company’s assets. Looking at the historical ratios for AMC, we can see that this isn’t anything that new either. While this, unsurprisingly, increased a lot over 2020, the company has a historically high debt to equity ratio. This signals that AMC has largely relied on debt throughout its lifetime to grow its assets. This heavy use of debt is the main culprit behind AMC’s current weak capital position and&nbsp;concerns of bankruptcy&nbsp;last year. Though, the fact that this is nothing new should tell investors that a high debt to asset ratio isn’t inherently a bad thing. The theatre business is a very capital-intensive business and not utilizing debt in this manner would make expansion incredibly difficult.</p>\n<p>What is noteworthy, however, is exactly how inflated this ratio has become. In 2020, AMC’s debt to equity ratio turned negative for the first time, signaling that the company’s liabilities surpassed its assets. Often, companies in such a predicament face insolvency as they’re faced with an inability to make good on debt obligations. However, this was at the end of 2020. We’ll have to wait for AMC’s full-year report to see how this has changed, though the company’s lowering of debt and dramatic increase in capital through the sale of stock indicates that this should return to a positive for 2021.</p>\n<p>If we look at the company’s market value to debt ratio, we can see that AMC’s equity position at the moment is incredibly strong as it transitions away from merely struggling to stay afloat. At .63, AMC is actually in a position to be able to fund its debt obligations through equity. That’s down dramatically from the 23.87 from the end of 2020, though still quite a bit above&nbsp;the .1 average&nbsp;for other U.S. firms. The importance here is more in the tremendous decrease over the last eleven months though. We know that AMC isn’t a pinnacle of financial excellence at the moment, that’s the entire reason this article even exists. What is important to note, is that the company’s financial health is rapidly improving.</p>\n<p>I don’t think that there’s much question that AMC will sell more equity before defaulting, as dilution is far less damaging than defaulting on debt would be. AMC&nbsp;has been prioritizing&nbsp;its debt payments throughout its recovery and there’s no reason that it would stop now that it has even greater means to do so. While the majority of these figures don’t necessarily indicate the most financially healthy company, it does demonstrate a company on the mend which I believe has eliminated concerns of insolvency.</p>\n<p>One of the main takeaways here is that a high debt load isn’t really anything new for AMC. Yes, right now it’s higher than usual. This was especially true for the end of 2020. Though, with the capital raised from selling more equity, AMC is in a far better place than it previously was. More importantly, AMC was missing the income it usually has to supplement its high level of debt. As consumers return to theatres, this income will begin to return.</p>\n<p><b>Return to Normalcy</b></p>\n<p>Looking at the numbers doesn’t really paint a great picture for AMC. However, the numbers don’t really tell the full story. Operational success is how companies tend to handle these matters and AMC is just starting to exit the most challenging operational environment of its life. As the world gradually begins a return to normalcy, its cash position will improve dramatically.</p>\n<p>To start this off, let’s take a look at some Seeking Alpha&nbsp;analysis on AMC. In this article, the author focused on how moviegoing is poised for a comeback on the back of multiple highly-successful film debuts. This is bolstered by the fact that companies seem set to return to the norm of exclusive theatrical releases for new movies, as Disney(NYSE:DIS)&nbsp;recently announced&nbsp;it would. Two other articles,on Cineplex&nbsp;and&nbsp;Cinemark, offer similar conclusions.</p>\n<p>In the above articles, authors examine the future of the theatre business and discuss how the companies are on the path to return to profitability. As I agree with the general theses there, being that theatre operators are on their way back to their old form, I believe it’s safe to say that AMC is officially on the road to recovery. Now, I accept that AMC still has some way to go before becoming profitable again, however it is definitely on the mend. Additionally, the pandemic gave AMC the opportunity to make harsh cuts to its business that will ultimately benefit the company’s operational efficiency moving forward.</p>\n<p>More recently, AMC released&nbsp;its third quarter earnings. The company lost $244 million off of $763.2 million in revenue. The positive here is that the company’s revenue climbed 71.5% over the previous quarter. Keep in mind that this doesn’t account for high-profile releases in October such as&nbsp;<i>No Time to Die</i>or the second&nbsp;<i>Venom</i>&nbsp;title. The upcoming&nbsp;<i>Spiderman</i>&nbsp;and&nbsp;<i>Matrix</i>&nbsp;releases should only expedite the company’s recovery in the final quarter of the year. Corporate leadership&nbsp;is currently guiding&nbsp;towards a positive EBITDA for Q4.</p>\n<p>Moving on, let’s take a look at AMC’s net margin through the years. As the figure above demonstrates, AMC’s been churning out an abysmally low net margin pretty consistently for a decade. This is the normal that AMC is working so hard to return to?! After AMC added a tremendous level of expensive debt during the lows of the pandemic, it now needs to do more than just return to normal in order to successfully pay it off.</p>\n<p>AMC’s corporate borrowings have risen from $4.753 billion&nbsp;in 2019, to $5.453 billion&nbsp;as of September 30th. The good news, if there is any, is that AMC’s $5.453 billion in corporate borrowings marks a ~$250 million decrease from the $5.716 billion that the company had at the end of 2020. What really caught me by surprise, however, is that&nbsp;the company’s 2020 interest expense on corporate borrowings&nbsp;was only up ~6.22% from 2019. So, although expensive, the ~20.26% jump in total corporate borrowings in the same period indicates that this debt is actually less expensive than the company’s existing debt was.</p>\n<p>As AMC begins a return to normalcy, I would expect to see it recover to a healthy interest coverage ratio. Before the pandemic, AMC’s interest coverage ratio was consistently above 5, meaning that its EBITDA could be used to pay off its interest five times over. A mere 6.22% increase in interest expenses means that AMC should be able to recover this important metric with general ease. Essentially, what this demonstrates is that AMC should be able to fully cover its interest expenses with operating revenues as soon as next year.</p>\n<p>So, with the risk of defaulting on future interest payments looking pretty low, the only major risk remaining is the company’s questionable ability to pay off its debt upon maturity. I don’t mean to downplay the importance of this risk, as it carries the most potential for defaulting, so let’s take a look at how AMC’s return to normalcy will affect its ability to pay off its debt.</p>\n<p>Mr. Aron discussed in&nbsp;the company’s most recent earnings call&nbsp;that debt, out of all of the issues surrounding AMC for the past two years, was never something that was seriously concerning to him. The company took on a lot of debt during the pandemic though, according to Mr. Aron, it was done “in a smart way.” He explained that there are no maturity dates before 2023, which will only be “a few $100 million worth”, and that the majority of the company’s debt will come due in 2026.</p>\n<p>The major component that Mr. Aron highlighted, however, is that the presence of debt isn’t inherently a bad thing. Of course, high debt loads such as AMC’s aren’t exactly the most healthy in the world, but almost every large corporation in the country carries debt to maximize shareholder returns. With a return to profitability as soon as next quarter, AMC’s operational health is rapidly improving and it can update its debt position to reflect that. The company expects to refinance its debt starting in 2023, lowering its interest payments and pushing back maturity dates. The goal isn’t to completely eliminate debt, rather it is to make debt a more manageable amount. The way the company is currently trending, this seems more than doable.</p>\n<p><b>Attractive Bond Offerings</b></p>\n<p>So now that we’ve determined that AMC looks to be fairly reliable in its ability to pay off its debt, it’s time to find the bonds that look the most attractive. I’ve found four high-yield bonds that I believe offer the best investment opportunities,courtesy of Finra. Typically, high-yield bonds are rather risky investments as, in order to convince creditors to lend money, firms must offer a substantial reward. However, I argue that, due to AMC’s dramatically improved cash position, its bonds are unjustly discounted and offer a strong investment opportunity.</p>\n<p>Beginning with the highest-yielding bond,CUSIP:00165AAH1, the security currently has a yield to maturity of 13.608%. With a coupon rate of 5.75%, paid semi-annually, the appeal here isn’t so much the passive income opportunity, but the overall yield rate. Now, a 5.75% annual coupon rate isn’t too shabby, but the 12.881% yield to maturity is what grabs my attention. Assuming that my above analysis holds true, and AMC is able to pay off its current debt loads, the yield here is pretty strong. However, this bond does carry the highest level of risk with it as an unsecured note.</p>\n<p>The second highest-yielding bond,CUSIP:00165CAP9, does hold a noteworthy advantage over the previously discussed CUSIP:00165AAH1 bond. While its yield to maturity is slightly lower, at 11.294%, it is a second lien note. This is the second-highest bond priority ranking and, even more importantly, is ensured. If AMC were to default on its payments, the value of the loan has been secured by collateral. This would force the sale of assets in order to ensure that loan-holders receive their payments. Now, as a second lien note holder, owners aren’t guaranteed to receive the entire value of their loan in the case of the company defaulting, but they will at least receive a fraction. You will be paying for this heightened security a bit via the slightly lower yield rate, especially as its maturity date is a full year later, on June 6th, 2026. However, with a coupon rate of 12%, paid semi-annually, the moderately guaranteed income that the bond can provide is incredibly attractive. The bond is currently trading just below its price at maturity of $1,000, at $983.90.</p>\n<p>If you’re after the full security that a first lien note would offer, there are also a couple of good options. However, keep in mind that you will be paying an even greater premium for this security. Both,CUSIP:00165CAN4&nbsp;and&nbsp;CUSIP:00165CAR5, have yield to maturity rates that are in the 6% range. The first of the two, CUSIP:00165CAN4, matures on April 15th, 2025 and has a yield to maturity rate of 7.905%. The second of the two expires the following year on April 24th, with a yield to maturity rate of 7.844%. Both are trading slightly above their price at maturity of $1,000, with CUSIP:00165CAN4 at $1072.50 and CUSIP:00165CAR5 at $1,054.90 and $1,060 respectively. Both bonds also have a coupon rate of 10.5%, paid semi-annually, representing a rather strong source of, consistent, secured income. Assuming the company doesn’t go bankrupt before the maturity dates, which is seeming incredibly unlikely at this point, the return on these bonds is rather attractive.</p>\n<p>So, how did these incredibly attractive offerings even come to exist in the first place? Well, the CUSIP:00165CAP9 bond was issued in late 2020, a time where AMC was struggling tremendously and there weren’t any murmurs of a ‘meme stock’ rally on the horizon. At that point, a 12% coupon rate compounded semi-annually looked about the only way the company could convince creditors to loan money. CUSIP:00165CAN4 and CUSIP:00165CAR5, the two first lien notes, were also issued in mid- to late-2020 and, for the same reasons, were offered at attractive loaning figures to try and make up for the immense risk they carried. CUSIP:00165AAH1 was first offered in 2016, hence its lower coupon rate, but still shares one of the most important figures with the other loans -- a terrible rating. However, these ratings were given before AMC had been able to strengthen its cash position and no longer represent the company’s ability to make good on its debt payments. Even still, the low ratings keep the bonds out of mind for a majority of investing tools and, therefore, keep interest low. Additionally, the fact that AMC has performed&nbsp;better than expected&nbsp;in its past quarterly two earnings reports demonstrates that the Street still seems to be underestimating the pace of recovery. Hence, an opportunity is born.</p>\n<p><b>Investor Takeaway</b></p>\n<p>By no means is this article an endorsement of AMC’s stock. I rather agree with the general consensus here on Seeking Alpha that this is a company to stay away from. What I do want the reader to take away from this, however, is that I believe AMC’s cash position, although weak, is suitable to cover its debt obligations and that its high-yield bonds are now rather attractive because of this. While the security largely came at the price of heavy dilution, this isn’t really a concern as this investment thesis isn’t really concerned about the share price of AMC.</p>\n<p>The first lien notes offer the safest investment option and, CUSIP:00165CAR5 in particular, should be a part of any play on AMC’s debt. CUSIP:00165CAN4 is likely the safest though, as it comes due a year before the majority of AMC’s existing debt, further lowering any bankruptcy concerns. I also rather like the CUSIP:00165CAP9 bond as a way to increase returns rather substantially through a bit more risk. While I still believe that the risk of defaulting is relatively low, compared to what it was, it still does exist and the moderate protection is nice to have. I feel that the risk to return ratio here, on second lien versus first lien, is worth it. What I don’t feel is worth it, is the CUSIP:00165AAH1 bond. With a low coupon rate, and a yield to maturity only slightly above that of the more secure second lien note, it offers a fair amount more risk with a negligibly improved payoff. It doesn’t hold the same advantage as the other bonds, as it wasn’t issued in the dire circumstances that AMC was facing in 2020.</p>\n<p>Since I began writing this article in mid-October, the yield of these bonds has already dropped by a notable margin. CUSIP:00165CAP9 (second lien note) for example, which currently has a YTM of 11.294%, had a YTM of 12.451% at the time. Now, CUSIP:00165AAH1 (unsecured) had a 12.811% YTM and CUSIP:00165CAR5 (first lien) had a YTM of 6.57%, which means that their returns have actually improved since then. Regardless, it seems that the bond market, in general, is starting to price in AMC’s recovery and investors may not have this opportunity for too much longer. The days of a 133.36% YTM from AMC’s unsecured debt are long gone, but the current returns aren't too bad.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I'm Buying AMC's Debt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I'm Buying AMC's Debt\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.\nAMC has been recovering well in the past few months and is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125581925","content_text":"Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.\nAMC has been recovering well in the past few months and is set to return to profitability next quarter.\nWhile there is still a ways to go before it is in a healthy cash position, AMC is in a suitable position to justify investing in its bonds.\nAMC was in dire need of capital in the early stages of the pandemic, so it sold bonds with high yields and coupon rates in order to attract creditors.\nNow that the company has been able to reduce its risk of defaulting, investors can take advantage of these high-yield, underpriced loans with a bit more confidence.\n\nMario Tama/Getty Images News\nEarlier this year, as I’m sure most readers are aware, AMC Entertainment(NYSE:AMC)got caught up in the ‘Wall Street Bets’ mania that took the retail investor crowd by storm. Reaching a peak of $72.62 back in June, AMC is now a ways off of its height but is still trading at a fairly elevated level of $33.94 (at the time of article submission). This isn’t an article meant to analyze if this new price is the new norm, I don’t really think that there’s a case to be made that it is. Instead, I’ll be looking at some of AMC’s available bonds, in increasing order of security, and why I believe they’re some of the most attractive securities on the market right now, especially for income investors.\nLikelihood of Payout\nBefore I look at the bonds themselves, understanding the security, or potential lack thereof, that they offer is important. Having lost $4.6 billion last year, and $149 million before the COVID era, it may seem ludicrous to even consider the fact that AMC is a good bet for creditors. However, the company took full advantage of its “meme stock” status and has raised significant funds off the back of its incredibly inflated valuation.\nEven before the company earned its meme status, AMC had raised $917 million from mid-December to late January. $506 million of this came from the sale of new equity and the company was able to convert $100 million in second-lien debt into equity as well. AMC was alsoable to convert $600 million in senior notes held by Silver Lake into equity. The company has also raisedmore than $1 billion from April and November of the previous year through equity and debt raises, as well as “a modest amount of asset sales.” These early capital raises enabled AMC to become a bit better-equipped to handle its existing debt load in light of the previous year’s poor performance. However, all of this together still wasn’t really enough.\nThen, late in January, things changed rapidly for the struggling movie giant. Trading at around $5 on January 26, shares would rise to about $20 the following day. While they would soon retreat from such highs, shares sustained an elevated level of trading until late May came around and shares broke the $60 barrier in a matter of days. This new price presented AMC with a golden opportunity.\nWhile the company waited a little to fully seize the opportunity,AMC raised a total of $1.246 billion in the second quarter. All in equity. With such an elevated stock price, AMC was able to raise far more money than they would’ve been able to previously and at a far lower level of dilution. After this more aggressive round of funding, AMC’s CEO, Adam Aron, said of the raise “[it has] substantially strengthen[ed] and improv[ed] AMC’s balance sheet, providing valuable flexibility to respond to potential challenges and capitalize on attractive opportunities in the future.” The last part of this I find particularly interesting, as it implies that AMC may even have some excess capital to invest if a particularly attractive opportunity presents itself. While I’m not sure if AMC is quite in the position to begin spending money on new opportunities again, it does speak towards the confidence in the company’s current capital structure.\nEven before this incredible capital raise, Mr. Aron was rather pleased with the company’s standing,saying: “I am optimistic and confident about AMC’s ability to weather this COVID-19 storm. Our focus is no longer on survival.” The executive’s remarks, made in March, even came before AMC’s strongest rally in the stock market. This level of confidence, coming before the company’s largest capital raise, provides even further reassurance. But enough of this discussion of sentiment. With all of this recent movement, what exactly is AMC’s cash position?\n\nSource: Author’s Calculations via Bloomberg Terminal\nExamining the company’s liquidity ratios, AMC unsurprisingly isn’t terribly well-positioned. The company’s current ratio, which measures current assets versus current liabilities, has trended below one since data is available. The quick ratio, which excludes inventory from the measure, has never reached 1 for as far back as public data goes. While inventory is typically considered rather liquid, it can require significant time to convert into cash, hence the ‘quick’ liquidity ratio. A ratio of 1 or above signifies that a company’s easily liquidable assets are able to cover all of its short-term debt obligations. As AMC does not have a current ratio, or quick ratio for that matter, above this mark, it cannot simply rely on easy liquidation and current cash to cover its short-term liabilities.\nSimilarly, looking at the company’s debt to asset ratio, we can see that debt dramatically outweighs the company’s assets. Looking at the historical ratios for AMC, we can see that this isn’t anything that new either. While this, unsurprisingly, increased a lot over 2020, the company has a historically high debt to equity ratio. This signals that AMC has largely relied on debt throughout its lifetime to grow its assets. This heavy use of debt is the main culprit behind AMC’s current weak capital position and concerns of bankruptcy last year. Though, the fact that this is nothing new should tell investors that a high debt to asset ratio isn’t inherently a bad thing. The theatre business is a very capital-intensive business and not utilizing debt in this manner would make expansion incredibly difficult.\nWhat is noteworthy, however, is exactly how inflated this ratio has become. In 2020, AMC’s debt to equity ratio turned negative for the first time, signaling that the company’s liabilities surpassed its assets. Often, companies in such a predicament face insolvency as they’re faced with an inability to make good on debt obligations. However, this was at the end of 2020. We’ll have to wait for AMC’s full-year report to see how this has changed, though the company’s lowering of debt and dramatic increase in capital through the sale of stock indicates that this should return to a positive for 2021.\nIf we look at the company’s market value to debt ratio, we can see that AMC’s equity position at the moment is incredibly strong as it transitions away from merely struggling to stay afloat. At .63, AMC is actually in a position to be able to fund its debt obligations through equity. That’s down dramatically from the 23.87 from the end of 2020, though still quite a bit above the .1 average for other U.S. firms. The importance here is more in the tremendous decrease over the last eleven months though. We know that AMC isn’t a pinnacle of financial excellence at the moment, that’s the entire reason this article even exists. What is important to note, is that the company’s financial health is rapidly improving.\nI don’t think that there’s much question that AMC will sell more equity before defaulting, as dilution is far less damaging than defaulting on debt would be. AMC has been prioritizing its debt payments throughout its recovery and there’s no reason that it would stop now that it has even greater means to do so. While the majority of these figures don’t necessarily indicate the most financially healthy company, it does demonstrate a company on the mend which I believe has eliminated concerns of insolvency.\nOne of the main takeaways here is that a high debt load isn’t really anything new for AMC. Yes, right now it’s higher than usual. This was especially true for the end of 2020. Though, with the capital raised from selling more equity, AMC is in a far better place than it previously was. More importantly, AMC was missing the income it usually has to supplement its high level of debt. As consumers return to theatres, this income will begin to return.\nReturn to Normalcy\nLooking at the numbers doesn’t really paint a great picture for AMC. However, the numbers don’t really tell the full story. Operational success is how companies tend to handle these matters and AMC is just starting to exit the most challenging operational environment of its life. As the world gradually begins a return to normalcy, its cash position will improve dramatically.\nTo start this off, let’s take a look at some Seeking Alpha analysis on AMC. In this article, the author focused on how moviegoing is poised for a comeback on the back of multiple highly-successful film debuts. This is bolstered by the fact that companies seem set to return to the norm of exclusive theatrical releases for new movies, as Disney(NYSE:DIS) recently announced it would. Two other articles,on Cineplex and Cinemark, offer similar conclusions.\nIn the above articles, authors examine the future of the theatre business and discuss how the companies are on the path to return to profitability. As I agree with the general theses there, being that theatre operators are on their way back to their old form, I believe it’s safe to say that AMC is officially on the road to recovery. Now, I accept that AMC still has some way to go before becoming profitable again, however it is definitely on the mend. Additionally, the pandemic gave AMC the opportunity to make harsh cuts to its business that will ultimately benefit the company’s operational efficiency moving forward.\nMore recently, AMC released its third quarter earnings. The company lost $244 million off of $763.2 million in revenue. The positive here is that the company’s revenue climbed 71.5% over the previous quarter. Keep in mind that this doesn’t account for high-profile releases in October such as No Time to Dieor the second Venom title. The upcoming Spiderman and Matrix releases should only expedite the company’s recovery in the final quarter of the year. Corporate leadership is currently guiding towards a positive EBITDA for Q4.\nMoving on, let’s take a look at AMC’s net margin through the years. As the figure above demonstrates, AMC’s been churning out an abysmally low net margin pretty consistently for a decade. This is the normal that AMC is working so hard to return to?! After AMC added a tremendous level of expensive debt during the lows of the pandemic, it now needs to do more than just return to normal in order to successfully pay it off.\nAMC’s corporate borrowings have risen from $4.753 billion in 2019, to $5.453 billion as of September 30th. The good news, if there is any, is that AMC’s $5.453 billion in corporate borrowings marks a ~$250 million decrease from the $5.716 billion that the company had at the end of 2020. What really caught me by surprise, however, is that the company’s 2020 interest expense on corporate borrowings was only up ~6.22% from 2019. So, although expensive, the ~20.26% jump in total corporate borrowings in the same period indicates that this debt is actually less expensive than the company’s existing debt was.\nAs AMC begins a return to normalcy, I would expect to see it recover to a healthy interest coverage ratio. Before the pandemic, AMC’s interest coverage ratio was consistently above 5, meaning that its EBITDA could be used to pay off its interest five times over. A mere 6.22% increase in interest expenses means that AMC should be able to recover this important metric with general ease. Essentially, what this demonstrates is that AMC should be able to fully cover its interest expenses with operating revenues as soon as next year.\nSo, with the risk of defaulting on future interest payments looking pretty low, the only major risk remaining is the company’s questionable ability to pay off its debt upon maturity. I don’t mean to downplay the importance of this risk, as it carries the most potential for defaulting, so let’s take a look at how AMC’s return to normalcy will affect its ability to pay off its debt.\nMr. Aron discussed in the company’s most recent earnings call that debt, out of all of the issues surrounding AMC for the past two years, was never something that was seriously concerning to him. The company took on a lot of debt during the pandemic though, according to Mr. Aron, it was done “in a smart way.” He explained that there are no maturity dates before 2023, which will only be “a few $100 million worth”, and that the majority of the company’s debt will come due in 2026.\nThe major component that Mr. Aron highlighted, however, is that the presence of debt isn’t inherently a bad thing. Of course, high debt loads such as AMC’s aren’t exactly the most healthy in the world, but almost every large corporation in the country carries debt to maximize shareholder returns. With a return to profitability as soon as next quarter, AMC’s operational health is rapidly improving and it can update its debt position to reflect that. The company expects to refinance its debt starting in 2023, lowering its interest payments and pushing back maturity dates. The goal isn’t to completely eliminate debt, rather it is to make debt a more manageable amount. The way the company is currently trending, this seems more than doable.\nAttractive Bond Offerings\nSo now that we’ve determined that AMC looks to be fairly reliable in its ability to pay off its debt, it’s time to find the bonds that look the most attractive. I’ve found four high-yield bonds that I believe offer the best investment opportunities,courtesy of Finra. Typically, high-yield bonds are rather risky investments as, in order to convince creditors to lend money, firms must offer a substantial reward. However, I argue that, due to AMC’s dramatically improved cash position, its bonds are unjustly discounted and offer a strong investment opportunity.\nBeginning with the highest-yielding bond,CUSIP:00165AAH1, the security currently has a yield to maturity of 13.608%. With a coupon rate of 5.75%, paid semi-annually, the appeal here isn’t so much the passive income opportunity, but the overall yield rate. Now, a 5.75% annual coupon rate isn’t too shabby, but the 12.881% yield to maturity is what grabs my attention. Assuming that my above analysis holds true, and AMC is able to pay off its current debt loads, the yield here is pretty strong. However, this bond does carry the highest level of risk with it as an unsecured note.\nThe second highest-yielding bond,CUSIP:00165CAP9, does hold a noteworthy advantage over the previously discussed CUSIP:00165AAH1 bond. While its yield to maturity is slightly lower, at 11.294%, it is a second lien note. This is the second-highest bond priority ranking and, even more importantly, is ensured. If AMC were to default on its payments, the value of the loan has been secured by collateral. This would force the sale of assets in order to ensure that loan-holders receive their payments. Now, as a second lien note holder, owners aren’t guaranteed to receive the entire value of their loan in the case of the company defaulting, but they will at least receive a fraction. You will be paying for this heightened security a bit via the slightly lower yield rate, especially as its maturity date is a full year later, on June 6th, 2026. However, with a coupon rate of 12%, paid semi-annually, the moderately guaranteed income that the bond can provide is incredibly attractive. The bond is currently trading just below its price at maturity of $1,000, at $983.90.\nIf you’re after the full security that a first lien note would offer, there are also a couple of good options. However, keep in mind that you will be paying an even greater premium for this security. Both,CUSIP:00165CAN4 and CUSIP:00165CAR5, have yield to maturity rates that are in the 6% range. The first of the two, CUSIP:00165CAN4, matures on April 15th, 2025 and has a yield to maturity rate of 7.905%. The second of the two expires the following year on April 24th, with a yield to maturity rate of 7.844%. Both are trading slightly above their price at maturity of $1,000, with CUSIP:00165CAN4 at $1072.50 and CUSIP:00165CAR5 at $1,054.90 and $1,060 respectively. Both bonds also have a coupon rate of 10.5%, paid semi-annually, representing a rather strong source of, consistent, secured income. Assuming the company doesn’t go bankrupt before the maturity dates, which is seeming incredibly unlikely at this point, the return on these bonds is rather attractive.\nSo, how did these incredibly attractive offerings even come to exist in the first place? Well, the CUSIP:00165CAP9 bond was issued in late 2020, a time where AMC was struggling tremendously and there weren’t any murmurs of a ‘meme stock’ rally on the horizon. At that point, a 12% coupon rate compounded semi-annually looked about the only way the company could convince creditors to loan money. CUSIP:00165CAN4 and CUSIP:00165CAR5, the two first lien notes, were also issued in mid- to late-2020 and, for the same reasons, were offered at attractive loaning figures to try and make up for the immense risk they carried. CUSIP:00165AAH1 was first offered in 2016, hence its lower coupon rate, but still shares one of the most important figures with the other loans -- a terrible rating. However, these ratings were given before AMC had been able to strengthen its cash position and no longer represent the company’s ability to make good on its debt payments. Even still, the low ratings keep the bonds out of mind for a majority of investing tools and, therefore, keep interest low. Additionally, the fact that AMC has performed better than expected in its past quarterly two earnings reports demonstrates that the Street still seems to be underestimating the pace of recovery. Hence, an opportunity is born.\nInvestor Takeaway\nBy no means is this article an endorsement of AMC’s stock. I rather agree with the general consensus here on Seeking Alpha that this is a company to stay away from. What I do want the reader to take away from this, however, is that I believe AMC’s cash position, although weak, is suitable to cover its debt obligations and that its high-yield bonds are now rather attractive because of this. While the security largely came at the price of heavy dilution, this isn’t really a concern as this investment thesis isn’t really concerned about the share price of AMC.\nThe first lien notes offer the safest investment option and, CUSIP:00165CAR5 in particular, should be a part of any play on AMC’s debt. CUSIP:00165CAN4 is likely the safest though, as it comes due a year before the majority of AMC’s existing debt, further lowering any bankruptcy concerns. I also rather like the CUSIP:00165CAP9 bond as a way to increase returns rather substantially through a bit more risk. While I still believe that the risk of defaulting is relatively low, compared to what it was, it still does exist and the moderate protection is nice to have. I feel that the risk to return ratio here, on second lien versus first lien, is worth it. What I don’t feel is worth it, is the CUSIP:00165AAH1 bond. With a low coupon rate, and a yield to maturity only slightly above that of the more secure second lien note, it offers a fair amount more risk with a negligibly improved payoff. It doesn’t hold the same advantage as the other bonds, as it wasn’t issued in the dire circumstances that AMC was facing in 2020.\nSince I began writing this article in mid-October, the yield of these bonds has already dropped by a notable margin. CUSIP:00165CAP9 (second lien note) for example, which currently has a YTM of 11.294%, had a YTM of 12.451% at the time. Now, CUSIP:00165AAH1 (unsecured) had a 12.811% YTM and CUSIP:00165CAR5 (first lien) had a YTM of 6.57%, which means that their returns have actually improved since then. Regardless, it seems that the bond market, in general, is starting to price in AMC’s recovery and investors may not have this opportunity for too much longer. The days of a 133.36% YTM from AMC’s unsecured debt are long gone, but the current returns aren't too bad.","news_type":1},"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603925822,"gmtCreate":1638355565878,"gmtModify":1638356086470,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603925822","repostId":"1174106147","repostType":4,"repost":{"id":"1174106147","pubTimestamp":1638354648,"share":"https://www.laohu8.com/m/news/1174106147?lang=&edition=full","pubTime":"2021-12-01 18:30","market":"us","language":"en","title":"Stock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=1174106147","media":"The Wall Street Journal","summary":"U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by wo","content":"<p>U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.</p>\n<p></p>\n<p>Investors have little to go on as they assess whether the variant will lead to renewed restrictions in the U.S. and elsewhere and, if so, how governments and central banks would respond to support the economy. Though drugmakers have said the variant first identified in southern Africa looks like it could make existing vaccines less effective, they expect to be able to update the shots. Investors say a return to full-scale lockdowns is unlikely.</p>\n<p></p>\n<p>The uncertainty has led to seesaw moves in global markets that extended into Wednesday. Futures for the S&amp;P 500 rose 1.2%, signaling gains for the benchmark index. The S&amp;P 500 fell 1.9% Tuesday, closing out a decline for November after a late-month dive sparked by the emergence of Omicron.</p>\n<p></p>\n<p>“We just don’t know how much more infectious it is, how severe the symptoms are and what the impact of that is,” said Sebastian Mackay, a multiasset fund manager at Invesco. “What I’d assume now is this probably isn’t enough to derail the recovery that’s going on.”</p>\n<p></p>\n<p>Invesco’s multiasset funds have bought stocks at cheaper levels since Omicron first rattled markets last week, Mr. Mackay added.</p>\n<p>Technology stocks headed for a strong start to Wednesday’s session as futures for the Nasdaq-100 added 1.3%. Contracts for the blue-chip Dow Jones Industrial Average rose 0.9%.</p>\n<p></p>\n<p>Ahead of the bell in New York, Merck shares rose 4.8% after scientific advisers recommended the Food and Drug Administration authorize the company’s experimental Covid-19 oral antiviral. Salesforce.com fell 7.4% after the software company’s guidance for fourth-quarter earnings fell short of expectations.</p>\n<p></p>\n<p></p>\n<p>In another snapback, Brent oil prices, which have tumbled on signs Omicron was curtailing demand for jet fuel, rose 4.3% to $72.17 a barrel. The Organization of the Petroleum Exporting Countries meets Wednesday and Thursday to determine its response to recent price declines. Analysts say the cartel, still holding back production in tandem with allies led by Russia, may pause plans to pump more oil in January, or further cut output.</p>\n<p></p>\n<p>One cause for concern, money managers say, is that the rapid pace of inflation could prevent the Fed and other central banks from unleashing stimulus in the event of severe disruption caused by Omicron. Fed Chairman Jerome Powell added to those worries Tuesday when he opened the door to an interest-rate rise in the first half of 2022.</p>\n<p></p>\n<p>For a reading on inflationary pressures, investors will parse the Institute for Supply Management’s manufacturing index at 10 a.m. ET. Economists expect the survey to show factories experienced another month of strong new orders in November, but also rising prices and long waiting times for materials.</p>\n<p></p>\n<p>Wednesday’s move back into riskier assets knocked the government bond market. The yield on benchmark 10-year Treasury notes rose to 1.500% from 1.440% Tuesday. Yields move inversely to bond prices.</p>\n<p></p>\n<p>Overseas markets gained. The Stoxx Europe 600 rose 0.7%, led higher by shares of travel, leisure and basic-resource companies, which would all be exposed to an economic downturn. Strong performers included budget airline Wizz Air, up more than 6%, Deutsche Lufthansa, up 4.9%, and cruise operator Carnival, which gained 4.6%.</p>\n<p></p>\n<p>Winners from the stay-at-home trade fell. German food-delivery firm HelloFresh lost 4.3% and U.K.-listed takeout company Deliveroo shed 2.8%.</p>\n<p></p>\n<p></p>\n<p>Asian markets were broadly higher. South Korea’s Kospi added 2.1% while Japan’s Nikkei 225 and China’s Shanghai Composite rose 0.4%.</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>Stock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty</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\">\nStock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 18:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.\n\nInvestors have little...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","NDX":"纳斯达克100指数","CRM":"赛富时","MRNA":"Moderna, Inc.","MRK":"默沙东"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174106147","content_text":"U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.\n\nInvestors have little to go on as they assess whether the variant will lead to renewed restrictions in the U.S. and elsewhere and, if so, how governments and central banks would respond to support the economy. Though drugmakers have said the variant first identified in southern Africa looks like it could make existing vaccines less effective, they expect to be able to update the shots. Investors say a return to full-scale lockdowns is unlikely.\n\nThe uncertainty has led to seesaw moves in global markets that extended into Wednesday. Futures for the S&P 500 rose 1.2%, signaling gains for the benchmark index. The S&P 500 fell 1.9% Tuesday, closing out a decline for November after a late-month dive sparked by the emergence of Omicron.\n\n“We just don’t know how much more infectious it is, how severe the symptoms are and what the impact of that is,” said Sebastian Mackay, a multiasset fund manager at Invesco. “What I’d assume now is this probably isn’t enough to derail the recovery that’s going on.”\n\nInvesco’s multiasset funds have bought stocks at cheaper levels since Omicron first rattled markets last week, Mr. Mackay added.\nTechnology stocks headed for a strong start to Wednesday’s session as futures for the Nasdaq-100 added 1.3%. Contracts for the blue-chip Dow Jones Industrial Average rose 0.9%.\n\nAhead of the bell in New York, Merck shares rose 4.8% after scientific advisers recommended the Food and Drug Administration authorize the company’s experimental Covid-19 oral antiviral. Salesforce.com fell 7.4% after the software company’s guidance for fourth-quarter earnings fell short of expectations.\n\n\nIn another snapback, Brent oil prices, which have tumbled on signs Omicron was curtailing demand for jet fuel, rose 4.3% to $72.17 a barrel. The Organization of the Petroleum Exporting Countries meets Wednesday and Thursday to determine its response to recent price declines. Analysts say the cartel, still holding back production in tandem with allies led by Russia, may pause plans to pump more oil in January, or further cut output.\n\nOne cause for concern, money managers say, is that the rapid pace of inflation could prevent the Fed and other central banks from unleashing stimulus in the event of severe disruption caused by Omicron. Fed Chairman Jerome Powell added to those worries Tuesday when he opened the door to an interest-rate rise in the first half of 2022.\n\nFor a reading on inflationary pressures, investors will parse the Institute for Supply Management’s manufacturing index at 10 a.m. ET. Economists expect the survey to show factories experienced another month of strong new orders in November, but also rising prices and long waiting times for materials.\n\nWednesday’s move back into riskier assets knocked the government bond market. The yield on benchmark 10-year Treasury notes rose to 1.500% from 1.440% Tuesday. Yields move inversely to bond prices.\n\nOverseas markets gained. The Stoxx Europe 600 rose 0.7%, led higher by shares of travel, leisure and basic-resource companies, which would all be exposed to an economic downturn. Strong performers included budget airline Wizz Air, up more than 6%, Deutsche Lufthansa, up 4.9%, and cruise operator Carnival, which gained 4.6%.\n\nWinners from the stay-at-home trade fell. German food-delivery firm HelloFresh lost 4.3% and U.K.-listed takeout company Deliveroo shed 2.8%.\n\n\nAsian markets were broadly higher. South Korea’s Kospi added 2.1% while Japan’s Nikkei 225 and China’s Shanghai Composite rose 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877706572,"gmtCreate":1637979094962,"gmtModify":1637979352013,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Sad to hear that","listText":"Sad to hear that","text":"Sad to hear that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877706572","repostId":"1100657085","repostType":4,"repost":{"id":"1100657085","pubTimestamp":1637971854,"share":"https://www.laohu8.com/m/news/1100657085?lang=&edition=full","pubTime":"2021-11-27 08:10","market":"us","language":"en","title":"Why Tesla Stock Tumbled Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1100657085","media":"Motley Fool","summary":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is appa","content":"<p>What happened</p>\n<p>Good news for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.</p>\n<p>So why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?</p>\n<p>So what</p>\n<p>On the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.</p>\n<p>And yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"</p>\n<p>Now what</p>\n<p>Thus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.</p>\n<p>On the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and&nbsp;GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as&nbsp;<b>Rivian</b>,<b>Lucid</b>, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).</p>\n<p>For the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Tumbled Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Tumbled Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100657085","content_text":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.\nSo why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?\nSo what\nOn the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.\nAnd yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"\nNow what\nThus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.\nOn the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as Rivian,Lucid, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).\nFor the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877709535,"gmtCreate":1637978596008,"gmtModify":1637979352012,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Noted&nbsp;[得意]&nbsp;","listText":"Noted&nbsp;[得意]&nbsp;","text":"Noted [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877709535","repostId":"1119170686","repostType":4,"repost":{"id":"1119170686","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637764496,"share":"https://www.laohu8.com/m/news/1119170686?lang=&edition=full","pubTime":"2021-11-24 22:34","market":"us","language":"en","title":"Tesla shares fell nearly 4% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119170686","media":"Tiger Newspress","summary":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesd","content":"<p>Tesla&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/3e6d6b99ef0a0214b906fd11f3e70ceb\" tg-width=\"880\" tg-height=\"643\" width=\"100%\" height=\"auto\">Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.</p>\n<p>According to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.</p>\n<p>In all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares fell nearly 4% in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares fell nearly 4% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-24 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/3e6d6b99ef0a0214b906fd11f3e70ceb\" tg-width=\"880\" tg-height=\"643\" width=\"100%\" height=\"auto\">Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.</p>\n<p>According to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.</p>\n<p>In all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119170686","content_text":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.\nAccording to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.\nIn all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's Twitter poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877700658,"gmtCreate":1637978304704,"gmtModify":1637979352013,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877700658","repostId":"1178572049","repostType":4,"repost":{"id":"1178572049","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637721621,"share":"https://www.laohu8.com/m/news/1178572049?lang=&edition=full","pubTime":"2021-11-24 10:40","market":"us","language":"en","title":"Musk Has Now Sold More Than Half the Stock He Vowed on Twitter","url":"https://stock-news.laohu8.com/highlight/detail?id=1178572049","media":"Tiger Newspress","summary":"After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfwa","content":"<p>After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.</p>\n<p>With the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.</p>\n<p><img src=\"https://static.tigerbbs.com/0578d57ebf3ae249460f3ec15770438d\" tg-width=\"954\" tg-height=\"337\" width=\"100%\" height=\"auto\"></p>\n<p>To reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.</p>\n<p>Musk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.</p>\n<p>Musk, 50, is the world’s richest person with a $303.7 billion fortune, according to the&nbsp;Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.</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>Musk Has Now Sold More Than Half the Stock He Vowed on Twitter</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\">\nMusk Has Now Sold More Than Half the Stock He Vowed on Twitter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-24 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.</p>\n<p>With the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.</p>\n<p><img src=\"https://static.tigerbbs.com/0578d57ebf3ae249460f3ec15770438d\" tg-width=\"954\" tg-height=\"337\" width=\"100%\" height=\"auto\"></p>\n<p>To reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.</p>\n<p>Musk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.</p>\n<p>Musk, 50, is the world’s richest person with a $303.7 billion fortune, according to the&nbsp;Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178572049","content_text":"After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.\nThe billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.\nWith the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.\n\nTo reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.\nMusk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.\nMusk, 50, is the world’s richest person with a $303.7 billion fortune, according to the Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":601141448,"gmtCreate":1638501410337,"gmtModify":1638501410337,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"He sell and buy back at the bottom","listText":"He sell and buy back at the bottom","text":"He sell and buy back at the bottom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601141448","repostId":"1187151018","repostType":4,"repost":{"id":"1187151018","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638499784,"share":"https://www.laohu8.com/m/news/1187151018?lang=&edition=full","pubTime":"2021-12-03 10:49","market":"us","language":"en","title":"Elon Musk continued to sell his Tesla stocks.","url":"https://stock-news.laohu8.com/highlight/detail?id=1187151018","media":"Tiger Newspress","summary":"Elon Musk continued to sell his Tesla stocks.\nMusk sold 934,091 Tesla shares on December 2 with a to","content":"<p>Elon Musk continued to sell his Tesla&nbsp;stocks.</p>\n<p>Musk sold 934,091&nbsp;Tesla&nbsp;shares on December 2 with a total value of US$1.01 billion.</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>Elon Musk continued to sell his Tesla stocks.</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\">\nElon Musk continued to sell his Tesla stocks.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-03 10:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Elon Musk continued to sell his Tesla&nbsp;stocks.</p>\n<p>Musk sold 934,091&nbsp;Tesla&nbsp;shares on December 2 with a total value of US$1.01 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187151018","content_text":"Elon Musk continued to sell his Tesla stocks.\nMusk sold 934,091 Tesla shares on December 2 with a total value of US$1.01 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601163902,"gmtCreate":1638498483804,"gmtModify":1638498791251,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Just wait and see&nbsp;[Cool]&nbsp;","listText":"Just wait and see&nbsp;[Cool]&nbsp;","text":"Just wait and see [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601163902","repostId":"1101828151","repostType":2,"repost":{"id":"1101828151","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638493297,"share":"https://www.laohu8.com/m/news/1101828151?lang=&edition=full","pubTime":"2021-12-03 09:01","market":"hk","language":"en","title":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101828151","media":"Tiger Newspress","summary":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), th","content":"<p>DIDI&nbsp;prepares to delist from U.S. stocks and&nbsp;to list in Hong Kong.</p>\n<p>DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p>\n<p>The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<p></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>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.</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\">\nDIDI prepares to delist from U.S. stocks and to list in Hong Kong.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-03 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DIDI&nbsp;prepares to delist from U.S. stocks and&nbsp;to list in Hong Kong.</p>\n<p>DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p>\n<p>The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101828151","content_text":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.\nThe Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603925822,"gmtCreate":1638355565878,"gmtModify":1638356086470,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603925822","repostId":"1174106147","repostType":4,"repost":{"id":"1174106147","pubTimestamp":1638354648,"share":"https://www.laohu8.com/m/news/1174106147?lang=&edition=full","pubTime":"2021-12-01 18:30","market":"us","language":"en","title":"Stock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=1174106147","media":"The Wall Street Journal","summary":"U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by wo","content":"<p>U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.</p>\n<p></p>\n<p>Investors have little to go on as they assess whether the variant will lead to renewed restrictions in the U.S. and elsewhere and, if so, how governments and central banks would respond to support the economy. Though drugmakers have said the variant first identified in southern Africa looks like it could make existing vaccines less effective, they expect to be able to update the shots. Investors say a return to full-scale lockdowns is unlikely.</p>\n<p></p>\n<p>The uncertainty has led to seesaw moves in global markets that extended into Wednesday. Futures for the S&amp;P 500 rose 1.2%, signaling gains for the benchmark index. The S&amp;P 500 fell 1.9% Tuesday, closing out a decline for November after a late-month dive sparked by the emergence of Omicron.</p>\n<p></p>\n<p>“We just don’t know how much more infectious it is, how severe the symptoms are and what the impact of that is,” said Sebastian Mackay, a multiasset fund manager at Invesco. “What I’d assume now is this probably isn’t enough to derail the recovery that’s going on.”</p>\n<p></p>\n<p>Invesco’s multiasset funds have bought stocks at cheaper levels since Omicron first rattled markets last week, Mr. Mackay added.</p>\n<p>Technology stocks headed for a strong start to Wednesday’s session as futures for the Nasdaq-100 added 1.3%. Contracts for the blue-chip Dow Jones Industrial Average rose 0.9%.</p>\n<p></p>\n<p>Ahead of the bell in New York, Merck shares rose 4.8% after scientific advisers recommended the Food and Drug Administration authorize the company’s experimental Covid-19 oral antiviral. Salesforce.com fell 7.4% after the software company’s guidance for fourth-quarter earnings fell short of expectations.</p>\n<p></p>\n<p></p>\n<p>In another snapback, Brent oil prices, which have tumbled on signs Omicron was curtailing demand for jet fuel, rose 4.3% to $72.17 a barrel. The Organization of the Petroleum Exporting Countries meets Wednesday and Thursday to determine its response to recent price declines. Analysts say the cartel, still holding back production in tandem with allies led by Russia, may pause plans to pump more oil in January, or further cut output.</p>\n<p></p>\n<p>One cause for concern, money managers say, is that the rapid pace of inflation could prevent the Fed and other central banks from unleashing stimulus in the event of severe disruption caused by Omicron. Fed Chairman Jerome Powell added to those worries Tuesday when he opened the door to an interest-rate rise in the first half of 2022.</p>\n<p></p>\n<p>For a reading on inflationary pressures, investors will parse the Institute for Supply Management’s manufacturing index at 10 a.m. ET. Economists expect the survey to show factories experienced another month of strong new orders in November, but also rising prices and long waiting times for materials.</p>\n<p></p>\n<p>Wednesday’s move back into riskier assets knocked the government bond market. The yield on benchmark 10-year Treasury notes rose to 1.500% from 1.440% Tuesday. Yields move inversely to bond prices.</p>\n<p></p>\n<p>Overseas markets gained. The Stoxx Europe 600 rose 0.7%, led higher by shares of travel, leisure and basic-resource companies, which would all be exposed to an economic downturn. Strong performers included budget airline Wizz Air, up more than 6%, Deutsche Lufthansa, up 4.9%, and cruise operator Carnival, which gained 4.6%.</p>\n<p></p>\n<p>Winners from the stay-at-home trade fell. German food-delivery firm HelloFresh lost 4.3% and U.K.-listed takeout company Deliveroo shed 2.8%.</p>\n<p></p>\n<p></p>\n<p>Asian markets were broadly higher. South Korea’s Kospi added 2.1% while Japan’s Nikkei 225 and China’s Shanghai Composite rose 0.4%.</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>Stock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty</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\">\nStock Futures, Oil Rise, Pointing to More Seesaw Moves on Omicron Uncertainty\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 18:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.\n\nInvestors have little...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","NDX":"纳斯达克100指数","CRM":"赛富时","MRNA":"Moderna, Inc.","MRK":"默沙东"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-01-2021-11638347766?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174106147","content_text":"U.S. stock futures and oil prices rose, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus.\n\nInvestors have little to go on as they assess whether the variant will lead to renewed restrictions in the U.S. and elsewhere and, if so, how governments and central banks would respond to support the economy. Though drugmakers have said the variant first identified in southern Africa looks like it could make existing vaccines less effective, they expect to be able to update the shots. Investors say a return to full-scale lockdowns is unlikely.\n\nThe uncertainty has led to seesaw moves in global markets that extended into Wednesday. Futures for the S&P 500 rose 1.2%, signaling gains for the benchmark index. The S&P 500 fell 1.9% Tuesday, closing out a decline for November after a late-month dive sparked by the emergence of Omicron.\n\n“We just don’t know how much more infectious it is, how severe the symptoms are and what the impact of that is,” said Sebastian Mackay, a multiasset fund manager at Invesco. “What I’d assume now is this probably isn’t enough to derail the recovery that’s going on.”\n\nInvesco’s multiasset funds have bought stocks at cheaper levels since Omicron first rattled markets last week, Mr. Mackay added.\nTechnology stocks headed for a strong start to Wednesday’s session as futures for the Nasdaq-100 added 1.3%. Contracts for the blue-chip Dow Jones Industrial Average rose 0.9%.\n\nAhead of the bell in New York, Merck shares rose 4.8% after scientific advisers recommended the Food and Drug Administration authorize the company’s experimental Covid-19 oral antiviral. Salesforce.com fell 7.4% after the software company’s guidance for fourth-quarter earnings fell short of expectations.\n\n\nIn another snapback, Brent oil prices, which have tumbled on signs Omicron was curtailing demand for jet fuel, rose 4.3% to $72.17 a barrel. The Organization of the Petroleum Exporting Countries meets Wednesday and Thursday to determine its response to recent price declines. Analysts say the cartel, still holding back production in tandem with allies led by Russia, may pause plans to pump more oil in January, or further cut output.\n\nOne cause for concern, money managers say, is that the rapid pace of inflation could prevent the Fed and other central banks from unleashing stimulus in the event of severe disruption caused by Omicron. Fed Chairman Jerome Powell added to those worries Tuesday when he opened the door to an interest-rate rise in the first half of 2022.\n\nFor a reading on inflationary pressures, investors will parse the Institute for Supply Management’s manufacturing index at 10 a.m. ET. Economists expect the survey to show factories experienced another month of strong new orders in November, but also rising prices and long waiting times for materials.\n\nWednesday’s move back into riskier assets knocked the government bond market. The yield on benchmark 10-year Treasury notes rose to 1.500% from 1.440% Tuesday. Yields move inversely to bond prices.\n\nOverseas markets gained. The Stoxx Europe 600 rose 0.7%, led higher by shares of travel, leisure and basic-resource companies, which would all be exposed to an economic downturn. Strong performers included budget airline Wizz Air, up more than 6%, Deutsche Lufthansa, up 4.9%, and cruise operator Carnival, which gained 4.6%.\n\nWinners from the stay-at-home trade fell. German food-delivery firm HelloFresh lost 4.3% and U.K.-listed takeout company Deliveroo shed 2.8%.\n\n\nAsian markets were broadly higher. South Korea’s Kospi added 2.1% while Japan’s Nikkei 225 and China’s Shanghai Composite rose 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877706572,"gmtCreate":1637979094962,"gmtModify":1637979352013,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Sad to hear that","listText":"Sad to hear that","text":"Sad to hear that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877706572","repostId":"1100657085","repostType":4,"repost":{"id":"1100657085","pubTimestamp":1637971854,"share":"https://www.laohu8.com/m/news/1100657085?lang=&edition=full","pubTime":"2021-11-27 08:10","market":"us","language":"en","title":"Why Tesla Stock Tumbled Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1100657085","media":"Motley Fool","summary":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is appa","content":"<p>What happened</p>\n<p>Good news for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.</p>\n<p>So why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?</p>\n<p>So what</p>\n<p>On the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.</p>\n<p>And yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"</p>\n<p>Now what</p>\n<p>Thus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.</p>\n<p>On the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and&nbsp;GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as&nbsp;<b>Rivian</b>,<b>Lucid</b>, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).</p>\n<p>For the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Tumbled Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Tumbled Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100657085","content_text":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.\nSo why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?\nSo what\nOn the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.\nAnd yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"\nNow what\nThus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.\nOn the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as Rivian,Lucid, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).\nFor the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601165305,"gmtCreate":1638499058498,"gmtModify":1638499058498,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Time to buy","listText":"Time to buy","text":"Time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601165305","repostId":"1115803962","repostType":4,"repost":{"id":"1115803962","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638457339,"share":"https://www.laohu8.com/m/news/1115803962?lang=&edition=full","pubTime":"2021-12-02 23:02","market":"us","language":"en","title":"The three US EV giant fell in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1115803962","media":"Tiger Newspress","summary":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","content":"<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p>\n<p><img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" width=\"100%\" height=\"auto\"></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>The three US EV giant fell in early trading</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\">\nThe three US EV giant fell in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-02 23:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p>\n<p><img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc.","LCID":"Lucid Group Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115803962","content_text":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877700658,"gmtCreate":1637978304704,"gmtModify":1637979352013,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877700658","repostId":"1178572049","repostType":4,"repost":{"id":"1178572049","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637721621,"share":"https://www.laohu8.com/m/news/1178572049?lang=&edition=full","pubTime":"2021-11-24 10:40","market":"us","language":"en","title":"Musk Has Now Sold More Than Half the Stock He Vowed on Twitter","url":"https://stock-news.laohu8.com/highlight/detail?id=1178572049","media":"Tiger Newspress","summary":"After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfwa","content":"<p>After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.</p>\n<p>With the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.</p>\n<p><img src=\"https://static.tigerbbs.com/0578d57ebf3ae249460f3ec15770438d\" tg-width=\"954\" tg-height=\"337\" width=\"100%\" height=\"auto\"></p>\n<p>To reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.</p>\n<p>Musk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.</p>\n<p>Musk, 50, is the world’s richest person with a $303.7 billion fortune, according to the&nbsp;Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.</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>Musk Has Now Sold More Than Half the Stock He Vowed on Twitter</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\">\nMusk Has Now Sold More Than Half the Stock He Vowed on Twitter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-24 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.</p>\n<p>With the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.</p>\n<p><img src=\"https://static.tigerbbs.com/0578d57ebf3ae249460f3ec15770438d\" tg-width=\"954\" tg-height=\"337\" width=\"100%\" height=\"auto\"></p>\n<p>To reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.</p>\n<p>Musk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.</p>\n<p>Musk, 50, is the world’s richest person with a $303.7 billion fortune, according to the&nbsp;Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178572049","content_text":"After a few days’ break, Elon Musk resumed selling shares in Tesla Inc., now coming more than halfway to making good on his promise to offload 10% of his stake in the electric-car maker.\nThe billionaire sold an additional 934,091 shares for $1.05 billion, according to regulatory filings late on Tuesday U.S. time. He also exercised 2.15 million stock options, and the sales were made to cover the taxes related to that transaction, the documents showed.\nWith the most recent disposals, Musk now has offloaded 9.2 million shares and collected about $9.9 billion of proceeds since he conducted a Twitter poll asking whether he should sell 10% of his Tesla stake. A chunk of that money will go to taxes.\n\nTo reach the 10% threshold, Musk would need to sell some 17 million shares, or about 1.7% of the company’s outstanding stock. If his exercisable options are factored into his overall ownership, he’d need to sell even more.\nMusk has exercised millions of options since the Twitter poll, all of which were less than a year from their expiration date. In September, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show. The Nov. 6 Twitter poll didn’t disclose the existence of that plan.\nMusk, 50, is the world’s richest person with a $303.7 billion fortune, according to the Bloomberg Billionaires Index. He’s added $133.9 billion to his net worth this year, more than anyone else, amid a 57% jump in Tesla shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603367040,"gmtCreate":1638367895710,"gmtModify":1638368082971,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603367040","repostId":"1120605182","repostType":4,"repost":{"id":"1120605182","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":1638365714,"share":"https://www.laohu8.com/m/news/1120605182?lang=&edition=full","pubTime":"2021-12-01 21:35","market":"us","language":"en","title":"10 Biggest Price Target Changes For Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1120605182","media":"Benzinga","summary":"Morgan Stanley boosted Zscaler, Inc. price target from $275 to $330. Zscaler shares rose 7.1% to $37","content":"<ul>\n <li>Morgan Stanley boosted&nbsp;<b>Zscaler, Inc.</b>&nbsp;price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.</li>\n <li>Citigroup boosted&nbsp;<b>Applied Materials, Inc.</b>&nbsp;price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.</li>\n <li>Goldman Sachs cut the price target on&nbsp;<b>TG Therapeutics, Inc.</b>&nbsp;from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.</li>\n <li>Wells Fargo boosted the price target for&nbsp;<b>Ambarella, Inc.</b>&nbsp;from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.</li>\n <li>Barclays cut&nbsp;<b>Sigilon Therapeutics, Inc.</b>&nbsp;price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.</li>\n <li>Credit Suisse lifted the price target on&nbsp;<b>GLOBALFOUNDRIES Inc.</b>&nbsp;from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.</li>\n <li>DA Davidson raised&nbsp;<b>Helen of Troy Limited</b>&nbsp;price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.</li>\n <li>Jefferies lifted&nbsp;<b>ImmunoGen, Inc.</b>&nbsp;price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.</li>\n <li>Susquehanna raised the price target on&nbsp;<b>NetApp, Inc.</b>&nbsp;from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.</li>\n <li>Truist Securities boosted the price target for&nbsp;<b>Salesforce.com, inc.</b>&nbsp;from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Biggest Price Target Changes For Wednesday</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\">\n10 Biggest Price Target Changes For Wednesday\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\">2021-12-01 21:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Morgan Stanley boosted&nbsp;<b>Zscaler, Inc.</b>&nbsp;price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.</li>\n <li>Citigroup boosted&nbsp;<b>Applied Materials, Inc.</b>&nbsp;price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.</li>\n <li>Goldman Sachs cut the price target on&nbsp;<b>TG Therapeutics, Inc.</b>&nbsp;from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.</li>\n <li>Wells Fargo boosted the price target for&nbsp;<b>Ambarella, Inc.</b>&nbsp;from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.</li>\n <li>Barclays cut&nbsp;<b>Sigilon Therapeutics, Inc.</b>&nbsp;price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.</li>\n <li>Credit Suisse lifted the price target on&nbsp;<b>GLOBALFOUNDRIES Inc.</b>&nbsp;from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.</li>\n <li>DA Davidson raised&nbsp;<b>Helen of Troy Limited</b>&nbsp;price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.</li>\n <li>Jefferies lifted&nbsp;<b>ImmunoGen, Inc.</b>&nbsp;price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.</li>\n <li>Susquehanna raised the price target on&nbsp;<b>NetApp, Inc.</b>&nbsp;from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.</li>\n <li>Truist Securities boosted the price target for&nbsp;<b>Salesforce.com, inc.</b>&nbsp;from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HELE":"海伦特洛伊家电","NTAP":"美国网存","SGTX":"Sigilon Therapeutics, Inc.","AMBA":"安霸","GFS":"GLOBALFOUNDRIES Inc.","IMGN":"ImmunoGen","ZS":"Zscaler Inc.","CRM":"赛富时","TGTX":"TG Therapeutics Inc.","AMAT":"应用材料"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120605182","content_text":"Morgan Stanley boosted Zscaler, Inc. price target from $275 to $330. Zscaler shares rose 7.1% to $371.50 in pre-market trading.\nCitigroup boosted Applied Materials, Inc. price target from $160 to $175. Applied Materials shares rose 1.9% to $150.00 in pre-market trading.\nGoldman Sachs cut the price target on TG Therapeutics, Inc. from $26 to $13. TG Therapeutics shares fell 5.3% to $14.40 in pre-market trading.\nWells Fargo boosted the price target for Ambarella, Inc. from $115 to $185. Ambarella shares jumped 16.4% to $208.90 in pre-market trading.\nBarclays cut Sigilon Therapeutics, Inc. price target from $16 to $7. Sigilon Therapeutics shares fell 0.3% to close at $3.76 on Tuesday.\nCredit Suisse lifted the price target on GLOBALFOUNDRIES Inc. from $75 to $80. GLOBALFOUNDRIES shares rose 3.3% to $71.50 in pre-market trading.\nDA Davidson raised Helen of Troy Limited price target from $254 to $266. Helen of Troy shares fell 2.3% to close at $240.50 on Tuesday.\nJefferies lifted ImmunoGen, Inc. price target from $7 to $12. ImmunoGen shares fell 3.6% to $5.95 pre-market trading.\nSusquehanna raised the price target on NetApp, Inc. from $100 to $105. NetApp shares rose 1.4% to $90.11 in pre-market trading.\nTruist Securities boosted the price target for Salesforce.com, inc. from $315 to $330. salesforce.com shares fell 6.5% to $266.40 in pre-market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603365171,"gmtCreate":1638367795908,"gmtModify":1638367920158,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Too long...can you summarise the content?","listText":"Too long...can you summarise the content?","text":"Too long...can you summarise the content?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603365171","repostId":"1125581925","repostType":4,"repost":{"id":"1125581925","pubTimestamp":1638366944,"share":"https://www.laohu8.com/m/news/1125581925?lang=&edition=full","pubTime":"2021-12-01 21:55","market":"us","language":"en","title":"Why I'm Buying AMC's Debt","url":"https://stock-news.laohu8.com/highlight/detail?id=1125581925","media":"Seeking Alpha","summary":"Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up i","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.</li>\n <li>AMC has been recovering well in the past few months and is set to return to profitability next quarter.</li>\n <li>While there is still a ways to go before it is in a healthy cash position, AMC is in a suitable position to justify investing in its bonds.</li>\n <li>AMC was in dire need of capital in the early stages of the pandemic, so it sold bonds with high yields and coupon rates in order to attract creditors.</li>\n <li>Now that the company has been able to reduce its risk of defaulting, investors can take advantage of these high-yield, underpriced loans with a bit more confidence.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36eaf0afdfff7e41320877f345125b8c\" tg-width=\"1536\" tg-height=\"1034\" width=\"100%\" height=\"auto\"><span>Mario Tama/Getty Images News</span></p>\n<p>Earlier this year, as I’m sure most readers are aware, AMC Entertainment(NYSE:AMC)got caught up in the ‘Wall Street Bets’ mania that took the retail investor crowd by storm. Reaching a peak of $72.62 back in June, AMC is now a ways off of its height but is still trading at a fairly elevated level of $33.94 (at the time of article submission). This isn’t an article meant to analyze if this new price is the new norm, I don’t really think that there’s a case to be made that it is. Instead, I’ll be looking at some of AMC’s available bonds, in increasing order of security, and why I believe they’re some of the most attractive securities on the market right now, especially for income investors.</p>\n<p><b>Likelihood of Payout</b></p>\n<p>Before I look at the bonds themselves, understanding the security, or potential lack thereof, that they offer is important. Having&nbsp;lost $4.6 billion&nbsp;last year, and $149 million before the COVID era, it may seem ludicrous to even consider the fact that AMC is a good bet for creditors. However, the company took full advantage of its “meme stock” status and has raised significant funds off the back of its incredibly inflated valuation.</p>\n<p>Even before the company earned its meme status, AMC had raised&nbsp;$917 million&nbsp;from mid-December to late January. $506 million of this came from the sale of new equity and the company was able to convert $100 million in second-lien debt into equity as well. AMC was alsoable to convert $600 million&nbsp;in senior notes held by Silver Lake into equity. The company has also raisedmore than $1 billion&nbsp;from April and November of the previous year through equity and debt raises, as well as “a modest amount of asset sales.” These early capital raises enabled AMC to become a bit better-equipped to handle its existing debt load in light of the previous year’s poor performance. However, all of this together still wasn’t really enough.</p>\n<p>Then, late in January, things changed rapidly for the struggling movie giant. Trading at around $5 on January 26, shares would rise to about $20 the following day. While they would soon retreat from such highs, shares sustained an elevated level of trading until late May came around and shares broke the $60 barrier in a matter of days. This new price presented AMC with a golden opportunity.</p>\n<p>While the company waited a little to fully seize the opportunity,AMC raised&nbsp;a total of $1.246 billion in the second quarter. All in equity. With such an elevated stock price, AMC was able to raise far more money than they would’ve been able to previously and at a far lower level of dilution. After this more aggressive round of funding, AMC’s CEO, Adam Aron, said of the raise “[it has] substantially strengthen[ed] and improv[ed] AMC’s balance sheet, providing valuable flexibility to respond to potential challenges and capitalize on attractive opportunities in the future.” The last part of this I find particularly interesting, as it implies that AMC may even have some excess capital to invest if a particularly attractive opportunity presents itself. While I’m not sure if AMC is quite in the position to begin spending money on new opportunities again, it does speak towards the confidence in the company’s current capital structure.</p>\n<p>Even before this incredible capital raise, Mr. Aron was rather pleased with the company’s standing,saying: “I am optimistic and confident about AMC’s ability to weather this COVID-19 storm. Our focus is no longer on survival.” The executive’s remarks, made in March, even came before AMC’s strongest rally in the stock market. This level of confidence, coming before the company’s largest capital raise, provides even further reassurance. But enough of this discussion of sentiment. With all of this recent movement, what exactly is AMC’s cash position?</p>\n<p><img src=\"https://static.tigerbbs.com/f42c5be344a583c11229ebdc7cda4973\" tg-width=\"814\" tg-height=\"491\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fae8632ca98e5f7c7bcae4dab18268aa\" tg-width=\"831\" tg-height=\"491\" width=\"100%\" height=\"auto\"><span>Source: Author’s Calculations via Bloomberg Terminal</span></p>\n<p>Examining the company’s liquidity ratios, AMC unsurprisingly isn’t terribly well-positioned. The company’s current ratio, which measures current assets versus current liabilities, has trended below one since data is available. The quick ratio, which excludes inventory from the measure, has never reached 1 for as far back as public data goes. While inventory is typically considered rather liquid, it can require significant time to convert into cash, hence the ‘quick’ liquidity ratio. A ratio of 1 or above signifies that a company’s easily liquidable assets are able to cover all of its short-term debt obligations. As AMC does not have a current ratio, or quick ratio for that matter, above this mark, it cannot simply rely on easy liquidation and current cash to cover its short-term liabilities.</p>\n<p>Similarly, looking at the company’s debt to asset ratio, we can see that debt dramatically outweighs the company’s assets. Looking at the historical ratios for AMC, we can see that this isn’t anything that new either. While this, unsurprisingly, increased a lot over 2020, the company has a historically high debt to equity ratio. This signals that AMC has largely relied on debt throughout its lifetime to grow its assets. This heavy use of debt is the main culprit behind AMC’s current weak capital position and&nbsp;concerns of bankruptcy&nbsp;last year. Though, the fact that this is nothing new should tell investors that a high debt to asset ratio isn’t inherently a bad thing. The theatre business is a very capital-intensive business and not utilizing debt in this manner would make expansion incredibly difficult.</p>\n<p>What is noteworthy, however, is exactly how inflated this ratio has become. In 2020, AMC’s debt to equity ratio turned negative for the first time, signaling that the company’s liabilities surpassed its assets. Often, companies in such a predicament face insolvency as they’re faced with an inability to make good on debt obligations. However, this was at the end of 2020. We’ll have to wait for AMC’s full-year report to see how this has changed, though the company’s lowering of debt and dramatic increase in capital through the sale of stock indicates that this should return to a positive for 2021.</p>\n<p>If we look at the company’s market value to debt ratio, we can see that AMC’s equity position at the moment is incredibly strong as it transitions away from merely struggling to stay afloat. At .63, AMC is actually in a position to be able to fund its debt obligations through equity. That’s down dramatically from the 23.87 from the end of 2020, though still quite a bit above&nbsp;the .1 average&nbsp;for other U.S. firms. The importance here is more in the tremendous decrease over the last eleven months though. We know that AMC isn’t a pinnacle of financial excellence at the moment, that’s the entire reason this article even exists. What is important to note, is that the company’s financial health is rapidly improving.</p>\n<p>I don’t think that there’s much question that AMC will sell more equity before defaulting, as dilution is far less damaging than defaulting on debt would be. AMC&nbsp;has been prioritizing&nbsp;its debt payments throughout its recovery and there’s no reason that it would stop now that it has even greater means to do so. While the majority of these figures don’t necessarily indicate the most financially healthy company, it does demonstrate a company on the mend which I believe has eliminated concerns of insolvency.</p>\n<p>One of the main takeaways here is that a high debt load isn’t really anything new for AMC. Yes, right now it’s higher than usual. This was especially true for the end of 2020. Though, with the capital raised from selling more equity, AMC is in a far better place than it previously was. More importantly, AMC was missing the income it usually has to supplement its high level of debt. As consumers return to theatres, this income will begin to return.</p>\n<p><b>Return to Normalcy</b></p>\n<p>Looking at the numbers doesn’t really paint a great picture for AMC. However, the numbers don’t really tell the full story. Operational success is how companies tend to handle these matters and AMC is just starting to exit the most challenging operational environment of its life. As the world gradually begins a return to normalcy, its cash position will improve dramatically.</p>\n<p>To start this off, let’s take a look at some Seeking Alpha&nbsp;analysis on AMC. In this article, the author focused on how moviegoing is poised for a comeback on the back of multiple highly-successful film debuts. This is bolstered by the fact that companies seem set to return to the norm of exclusive theatrical releases for new movies, as Disney(NYSE:DIS)&nbsp;recently announced&nbsp;it would. Two other articles,on Cineplex&nbsp;and&nbsp;Cinemark, offer similar conclusions.</p>\n<p>In the above articles, authors examine the future of the theatre business and discuss how the companies are on the path to return to profitability. As I agree with the general theses there, being that theatre operators are on their way back to their old form, I believe it’s safe to say that AMC is officially on the road to recovery. Now, I accept that AMC still has some way to go before becoming profitable again, however it is definitely on the mend. Additionally, the pandemic gave AMC the opportunity to make harsh cuts to its business that will ultimately benefit the company’s operational efficiency moving forward.</p>\n<p>More recently, AMC released&nbsp;its third quarter earnings. The company lost $244 million off of $763.2 million in revenue. The positive here is that the company’s revenue climbed 71.5% over the previous quarter. Keep in mind that this doesn’t account for high-profile releases in October such as&nbsp;<i>No Time to Die</i>or the second&nbsp;<i>Venom</i>&nbsp;title. The upcoming&nbsp;<i>Spiderman</i>&nbsp;and&nbsp;<i>Matrix</i>&nbsp;releases should only expedite the company’s recovery in the final quarter of the year. Corporate leadership&nbsp;is currently guiding&nbsp;towards a positive EBITDA for Q4.</p>\n<p>Moving on, let’s take a look at AMC’s net margin through the years. As the figure above demonstrates, AMC’s been churning out an abysmally low net margin pretty consistently for a decade. This is the normal that AMC is working so hard to return to?! After AMC added a tremendous level of expensive debt during the lows of the pandemic, it now needs to do more than just return to normal in order to successfully pay it off.</p>\n<p>AMC’s corporate borrowings have risen from $4.753 billion&nbsp;in 2019, to $5.453 billion&nbsp;as of September 30th. The good news, if there is any, is that AMC’s $5.453 billion in corporate borrowings marks a ~$250 million decrease from the $5.716 billion that the company had at the end of 2020. What really caught me by surprise, however, is that&nbsp;the company’s 2020 interest expense on corporate borrowings&nbsp;was only up ~6.22% from 2019. So, although expensive, the ~20.26% jump in total corporate borrowings in the same period indicates that this debt is actually less expensive than the company’s existing debt was.</p>\n<p>As AMC begins a return to normalcy, I would expect to see it recover to a healthy interest coverage ratio. Before the pandemic, AMC’s interest coverage ratio was consistently above 5, meaning that its EBITDA could be used to pay off its interest five times over. A mere 6.22% increase in interest expenses means that AMC should be able to recover this important metric with general ease. Essentially, what this demonstrates is that AMC should be able to fully cover its interest expenses with operating revenues as soon as next year.</p>\n<p>So, with the risk of defaulting on future interest payments looking pretty low, the only major risk remaining is the company’s questionable ability to pay off its debt upon maturity. I don’t mean to downplay the importance of this risk, as it carries the most potential for defaulting, so let’s take a look at how AMC’s return to normalcy will affect its ability to pay off its debt.</p>\n<p>Mr. Aron discussed in&nbsp;the company’s most recent earnings call&nbsp;that debt, out of all of the issues surrounding AMC for the past two years, was never something that was seriously concerning to him. The company took on a lot of debt during the pandemic though, according to Mr. Aron, it was done “in a smart way.” He explained that there are no maturity dates before 2023, which will only be “a few $100 million worth”, and that the majority of the company’s debt will come due in 2026.</p>\n<p>The major component that Mr. Aron highlighted, however, is that the presence of debt isn’t inherently a bad thing. Of course, high debt loads such as AMC’s aren’t exactly the most healthy in the world, but almost every large corporation in the country carries debt to maximize shareholder returns. With a return to profitability as soon as next quarter, AMC’s operational health is rapidly improving and it can update its debt position to reflect that. The company expects to refinance its debt starting in 2023, lowering its interest payments and pushing back maturity dates. The goal isn’t to completely eliminate debt, rather it is to make debt a more manageable amount. The way the company is currently trending, this seems more than doable.</p>\n<p><b>Attractive Bond Offerings</b></p>\n<p>So now that we’ve determined that AMC looks to be fairly reliable in its ability to pay off its debt, it’s time to find the bonds that look the most attractive. I’ve found four high-yield bonds that I believe offer the best investment opportunities,courtesy of Finra. Typically, high-yield bonds are rather risky investments as, in order to convince creditors to lend money, firms must offer a substantial reward. However, I argue that, due to AMC’s dramatically improved cash position, its bonds are unjustly discounted and offer a strong investment opportunity.</p>\n<p>Beginning with the highest-yielding bond,CUSIP:00165AAH1, the security currently has a yield to maturity of 13.608%. With a coupon rate of 5.75%, paid semi-annually, the appeal here isn’t so much the passive income opportunity, but the overall yield rate. Now, a 5.75% annual coupon rate isn’t too shabby, but the 12.881% yield to maturity is what grabs my attention. Assuming that my above analysis holds true, and AMC is able to pay off its current debt loads, the yield here is pretty strong. However, this bond does carry the highest level of risk with it as an unsecured note.</p>\n<p>The second highest-yielding bond,CUSIP:00165CAP9, does hold a noteworthy advantage over the previously discussed CUSIP:00165AAH1 bond. While its yield to maturity is slightly lower, at 11.294%, it is a second lien note. This is the second-highest bond priority ranking and, even more importantly, is ensured. If AMC were to default on its payments, the value of the loan has been secured by collateral. This would force the sale of assets in order to ensure that loan-holders receive their payments. Now, as a second lien note holder, owners aren’t guaranteed to receive the entire value of their loan in the case of the company defaulting, but they will at least receive a fraction. You will be paying for this heightened security a bit via the slightly lower yield rate, especially as its maturity date is a full year later, on June 6th, 2026. However, with a coupon rate of 12%, paid semi-annually, the moderately guaranteed income that the bond can provide is incredibly attractive. The bond is currently trading just below its price at maturity of $1,000, at $983.90.</p>\n<p>If you’re after the full security that a first lien note would offer, there are also a couple of good options. However, keep in mind that you will be paying an even greater premium for this security. Both,CUSIP:00165CAN4&nbsp;and&nbsp;CUSIP:00165CAR5, have yield to maturity rates that are in the 6% range. The first of the two, CUSIP:00165CAN4, matures on April 15th, 2025 and has a yield to maturity rate of 7.905%. The second of the two expires the following year on April 24th, with a yield to maturity rate of 7.844%. Both are trading slightly above their price at maturity of $1,000, with CUSIP:00165CAN4 at $1072.50 and CUSIP:00165CAR5 at $1,054.90 and $1,060 respectively. Both bonds also have a coupon rate of 10.5%, paid semi-annually, representing a rather strong source of, consistent, secured income. Assuming the company doesn’t go bankrupt before the maturity dates, which is seeming incredibly unlikely at this point, the return on these bonds is rather attractive.</p>\n<p>So, how did these incredibly attractive offerings even come to exist in the first place? Well, the CUSIP:00165CAP9 bond was issued in late 2020, a time where AMC was struggling tremendously and there weren’t any murmurs of a ‘meme stock’ rally on the horizon. At that point, a 12% coupon rate compounded semi-annually looked about the only way the company could convince creditors to loan money. CUSIP:00165CAN4 and CUSIP:00165CAR5, the two first lien notes, were also issued in mid- to late-2020 and, for the same reasons, were offered at attractive loaning figures to try and make up for the immense risk they carried. CUSIP:00165AAH1 was first offered in 2016, hence its lower coupon rate, but still shares one of the most important figures with the other loans -- a terrible rating. However, these ratings were given before AMC had been able to strengthen its cash position and no longer represent the company’s ability to make good on its debt payments. Even still, the low ratings keep the bonds out of mind for a majority of investing tools and, therefore, keep interest low. Additionally, the fact that AMC has performed&nbsp;better than expected&nbsp;in its past quarterly two earnings reports demonstrates that the Street still seems to be underestimating the pace of recovery. Hence, an opportunity is born.</p>\n<p><b>Investor Takeaway</b></p>\n<p>By no means is this article an endorsement of AMC’s stock. I rather agree with the general consensus here on Seeking Alpha that this is a company to stay away from. What I do want the reader to take away from this, however, is that I believe AMC’s cash position, although weak, is suitable to cover its debt obligations and that its high-yield bonds are now rather attractive because of this. While the security largely came at the price of heavy dilution, this isn’t really a concern as this investment thesis isn’t really concerned about the share price of AMC.</p>\n<p>The first lien notes offer the safest investment option and, CUSIP:00165CAR5 in particular, should be a part of any play on AMC’s debt. CUSIP:00165CAN4 is likely the safest though, as it comes due a year before the majority of AMC’s existing debt, further lowering any bankruptcy concerns. I also rather like the CUSIP:00165CAP9 bond as a way to increase returns rather substantially through a bit more risk. While I still believe that the risk of defaulting is relatively low, compared to what it was, it still does exist and the moderate protection is nice to have. I feel that the risk to return ratio here, on second lien versus first lien, is worth it. What I don’t feel is worth it, is the CUSIP:00165AAH1 bond. With a low coupon rate, and a yield to maturity only slightly above that of the more secure second lien note, it offers a fair amount more risk with a negligibly improved payoff. It doesn’t hold the same advantage as the other bonds, as it wasn’t issued in the dire circumstances that AMC was facing in 2020.</p>\n<p>Since I began writing this article in mid-October, the yield of these bonds has already dropped by a notable margin. CUSIP:00165CAP9 (second lien note) for example, which currently has a YTM of 11.294%, had a YTM of 12.451% at the time. Now, CUSIP:00165AAH1 (unsecured) had a 12.811% YTM and CUSIP:00165CAR5 (first lien) had a YTM of 6.57%, which means that their returns have actually improved since then. Regardless, it seems that the bond market, in general, is starting to price in AMC’s recovery and investors may not have this opportunity for too much longer. The days of a 133.36% YTM from AMC’s unsecured debt are long gone, but the current returns aren't too bad.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I'm Buying AMC's Debt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I'm Buying AMC's Debt\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.\nAMC has been recovering well in the past few months and is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4472766-amc-bonds-why-i-am-buying","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125581925","content_text":"Summary\n\nAMC has recently been able to capitalize heavily on its ‘meme stock’ status and shored up its cash position rather substantially.\nAMC has been recovering well in the past few months and is set to return to profitability next quarter.\nWhile there is still a ways to go before it is in a healthy cash position, AMC is in a suitable position to justify investing in its bonds.\nAMC was in dire need of capital in the early stages of the pandemic, so it sold bonds with high yields and coupon rates in order to attract creditors.\nNow that the company has been able to reduce its risk of defaulting, investors can take advantage of these high-yield, underpriced loans with a bit more confidence.\n\nMario Tama/Getty Images News\nEarlier this year, as I’m sure most readers are aware, AMC Entertainment(NYSE:AMC)got caught up in the ‘Wall Street Bets’ mania that took the retail investor crowd by storm. Reaching a peak of $72.62 back in June, AMC is now a ways off of its height but is still trading at a fairly elevated level of $33.94 (at the time of article submission). This isn’t an article meant to analyze if this new price is the new norm, I don’t really think that there’s a case to be made that it is. Instead, I’ll be looking at some of AMC’s available bonds, in increasing order of security, and why I believe they’re some of the most attractive securities on the market right now, especially for income investors.\nLikelihood of Payout\nBefore I look at the bonds themselves, understanding the security, or potential lack thereof, that they offer is important. Having lost $4.6 billion last year, and $149 million before the COVID era, it may seem ludicrous to even consider the fact that AMC is a good bet for creditors. However, the company took full advantage of its “meme stock” status and has raised significant funds off the back of its incredibly inflated valuation.\nEven before the company earned its meme status, AMC had raised $917 million from mid-December to late January. $506 million of this came from the sale of new equity and the company was able to convert $100 million in second-lien debt into equity as well. AMC was alsoable to convert $600 million in senior notes held by Silver Lake into equity. The company has also raisedmore than $1 billion from April and November of the previous year through equity and debt raises, as well as “a modest amount of asset sales.” These early capital raises enabled AMC to become a bit better-equipped to handle its existing debt load in light of the previous year’s poor performance. However, all of this together still wasn’t really enough.\nThen, late in January, things changed rapidly for the struggling movie giant. Trading at around $5 on January 26, shares would rise to about $20 the following day. While they would soon retreat from such highs, shares sustained an elevated level of trading until late May came around and shares broke the $60 barrier in a matter of days. This new price presented AMC with a golden opportunity.\nWhile the company waited a little to fully seize the opportunity,AMC raised a total of $1.246 billion in the second quarter. All in equity. With such an elevated stock price, AMC was able to raise far more money than they would’ve been able to previously and at a far lower level of dilution. After this more aggressive round of funding, AMC’s CEO, Adam Aron, said of the raise “[it has] substantially strengthen[ed] and improv[ed] AMC’s balance sheet, providing valuable flexibility to respond to potential challenges and capitalize on attractive opportunities in the future.” The last part of this I find particularly interesting, as it implies that AMC may even have some excess capital to invest if a particularly attractive opportunity presents itself. While I’m not sure if AMC is quite in the position to begin spending money on new opportunities again, it does speak towards the confidence in the company’s current capital structure.\nEven before this incredible capital raise, Mr. Aron was rather pleased with the company’s standing,saying: “I am optimistic and confident about AMC’s ability to weather this COVID-19 storm. Our focus is no longer on survival.” The executive’s remarks, made in March, even came before AMC’s strongest rally in the stock market. This level of confidence, coming before the company’s largest capital raise, provides even further reassurance. But enough of this discussion of sentiment. With all of this recent movement, what exactly is AMC’s cash position?\n\nSource: Author’s Calculations via Bloomberg Terminal\nExamining the company’s liquidity ratios, AMC unsurprisingly isn’t terribly well-positioned. The company’s current ratio, which measures current assets versus current liabilities, has trended below one since data is available. The quick ratio, which excludes inventory from the measure, has never reached 1 for as far back as public data goes. While inventory is typically considered rather liquid, it can require significant time to convert into cash, hence the ‘quick’ liquidity ratio. A ratio of 1 or above signifies that a company’s easily liquidable assets are able to cover all of its short-term debt obligations. As AMC does not have a current ratio, or quick ratio for that matter, above this mark, it cannot simply rely on easy liquidation and current cash to cover its short-term liabilities.\nSimilarly, looking at the company’s debt to asset ratio, we can see that debt dramatically outweighs the company’s assets. Looking at the historical ratios for AMC, we can see that this isn’t anything that new either. While this, unsurprisingly, increased a lot over 2020, the company has a historically high debt to equity ratio. This signals that AMC has largely relied on debt throughout its lifetime to grow its assets. This heavy use of debt is the main culprit behind AMC’s current weak capital position and concerns of bankruptcy last year. Though, the fact that this is nothing new should tell investors that a high debt to asset ratio isn’t inherently a bad thing. The theatre business is a very capital-intensive business and not utilizing debt in this manner would make expansion incredibly difficult.\nWhat is noteworthy, however, is exactly how inflated this ratio has become. In 2020, AMC’s debt to equity ratio turned negative for the first time, signaling that the company’s liabilities surpassed its assets. Often, companies in such a predicament face insolvency as they’re faced with an inability to make good on debt obligations. However, this was at the end of 2020. We’ll have to wait for AMC’s full-year report to see how this has changed, though the company’s lowering of debt and dramatic increase in capital through the sale of stock indicates that this should return to a positive for 2021.\nIf we look at the company’s market value to debt ratio, we can see that AMC’s equity position at the moment is incredibly strong as it transitions away from merely struggling to stay afloat. At .63, AMC is actually in a position to be able to fund its debt obligations through equity. That’s down dramatically from the 23.87 from the end of 2020, though still quite a bit above the .1 average for other U.S. firms. The importance here is more in the tremendous decrease over the last eleven months though. We know that AMC isn’t a pinnacle of financial excellence at the moment, that’s the entire reason this article even exists. What is important to note, is that the company’s financial health is rapidly improving.\nI don’t think that there’s much question that AMC will sell more equity before defaulting, as dilution is far less damaging than defaulting on debt would be. AMC has been prioritizing its debt payments throughout its recovery and there’s no reason that it would stop now that it has even greater means to do so. While the majority of these figures don’t necessarily indicate the most financially healthy company, it does demonstrate a company on the mend which I believe has eliminated concerns of insolvency.\nOne of the main takeaways here is that a high debt load isn’t really anything new for AMC. Yes, right now it’s higher than usual. This was especially true for the end of 2020. Though, with the capital raised from selling more equity, AMC is in a far better place than it previously was. More importantly, AMC was missing the income it usually has to supplement its high level of debt. As consumers return to theatres, this income will begin to return.\nReturn to Normalcy\nLooking at the numbers doesn’t really paint a great picture for AMC. However, the numbers don’t really tell the full story. Operational success is how companies tend to handle these matters and AMC is just starting to exit the most challenging operational environment of its life. As the world gradually begins a return to normalcy, its cash position will improve dramatically.\nTo start this off, let’s take a look at some Seeking Alpha analysis on AMC. In this article, the author focused on how moviegoing is poised for a comeback on the back of multiple highly-successful film debuts. This is bolstered by the fact that companies seem set to return to the norm of exclusive theatrical releases for new movies, as Disney(NYSE:DIS) recently announced it would. Two other articles,on Cineplex and Cinemark, offer similar conclusions.\nIn the above articles, authors examine the future of the theatre business and discuss how the companies are on the path to return to profitability. As I agree with the general theses there, being that theatre operators are on their way back to their old form, I believe it’s safe to say that AMC is officially on the road to recovery. Now, I accept that AMC still has some way to go before becoming profitable again, however it is definitely on the mend. Additionally, the pandemic gave AMC the opportunity to make harsh cuts to its business that will ultimately benefit the company’s operational efficiency moving forward.\nMore recently, AMC released its third quarter earnings. The company lost $244 million off of $763.2 million in revenue. The positive here is that the company’s revenue climbed 71.5% over the previous quarter. Keep in mind that this doesn’t account for high-profile releases in October such as No Time to Dieor the second Venom title. The upcoming Spiderman and Matrix releases should only expedite the company’s recovery in the final quarter of the year. Corporate leadership is currently guiding towards a positive EBITDA for Q4.\nMoving on, let’s take a look at AMC’s net margin through the years. As the figure above demonstrates, AMC’s been churning out an abysmally low net margin pretty consistently for a decade. This is the normal that AMC is working so hard to return to?! After AMC added a tremendous level of expensive debt during the lows of the pandemic, it now needs to do more than just return to normal in order to successfully pay it off.\nAMC’s corporate borrowings have risen from $4.753 billion in 2019, to $5.453 billion as of September 30th. The good news, if there is any, is that AMC’s $5.453 billion in corporate borrowings marks a ~$250 million decrease from the $5.716 billion that the company had at the end of 2020. What really caught me by surprise, however, is that the company’s 2020 interest expense on corporate borrowings was only up ~6.22% from 2019. So, although expensive, the ~20.26% jump in total corporate borrowings in the same period indicates that this debt is actually less expensive than the company’s existing debt was.\nAs AMC begins a return to normalcy, I would expect to see it recover to a healthy interest coverage ratio. Before the pandemic, AMC’s interest coverage ratio was consistently above 5, meaning that its EBITDA could be used to pay off its interest five times over. A mere 6.22% increase in interest expenses means that AMC should be able to recover this important metric with general ease. Essentially, what this demonstrates is that AMC should be able to fully cover its interest expenses with operating revenues as soon as next year.\nSo, with the risk of defaulting on future interest payments looking pretty low, the only major risk remaining is the company’s questionable ability to pay off its debt upon maturity. I don’t mean to downplay the importance of this risk, as it carries the most potential for defaulting, so let’s take a look at how AMC’s return to normalcy will affect its ability to pay off its debt.\nMr. Aron discussed in the company’s most recent earnings call that debt, out of all of the issues surrounding AMC for the past two years, was never something that was seriously concerning to him. The company took on a lot of debt during the pandemic though, according to Mr. Aron, it was done “in a smart way.” He explained that there are no maturity dates before 2023, which will only be “a few $100 million worth”, and that the majority of the company’s debt will come due in 2026.\nThe major component that Mr. Aron highlighted, however, is that the presence of debt isn’t inherently a bad thing. Of course, high debt loads such as AMC’s aren’t exactly the most healthy in the world, but almost every large corporation in the country carries debt to maximize shareholder returns. With a return to profitability as soon as next quarter, AMC’s operational health is rapidly improving and it can update its debt position to reflect that. The company expects to refinance its debt starting in 2023, lowering its interest payments and pushing back maturity dates. The goal isn’t to completely eliminate debt, rather it is to make debt a more manageable amount. The way the company is currently trending, this seems more than doable.\nAttractive Bond Offerings\nSo now that we’ve determined that AMC looks to be fairly reliable in its ability to pay off its debt, it’s time to find the bonds that look the most attractive. I’ve found four high-yield bonds that I believe offer the best investment opportunities,courtesy of Finra. Typically, high-yield bonds are rather risky investments as, in order to convince creditors to lend money, firms must offer a substantial reward. However, I argue that, due to AMC’s dramatically improved cash position, its bonds are unjustly discounted and offer a strong investment opportunity.\nBeginning with the highest-yielding bond,CUSIP:00165AAH1, the security currently has a yield to maturity of 13.608%. With a coupon rate of 5.75%, paid semi-annually, the appeal here isn’t so much the passive income opportunity, but the overall yield rate. Now, a 5.75% annual coupon rate isn’t too shabby, but the 12.881% yield to maturity is what grabs my attention. Assuming that my above analysis holds true, and AMC is able to pay off its current debt loads, the yield here is pretty strong. However, this bond does carry the highest level of risk with it as an unsecured note.\nThe second highest-yielding bond,CUSIP:00165CAP9, does hold a noteworthy advantage over the previously discussed CUSIP:00165AAH1 bond. While its yield to maturity is slightly lower, at 11.294%, it is a second lien note. This is the second-highest bond priority ranking and, even more importantly, is ensured. If AMC were to default on its payments, the value of the loan has been secured by collateral. This would force the sale of assets in order to ensure that loan-holders receive their payments. Now, as a second lien note holder, owners aren’t guaranteed to receive the entire value of their loan in the case of the company defaulting, but they will at least receive a fraction. You will be paying for this heightened security a bit via the slightly lower yield rate, especially as its maturity date is a full year later, on June 6th, 2026. However, with a coupon rate of 12%, paid semi-annually, the moderately guaranteed income that the bond can provide is incredibly attractive. The bond is currently trading just below its price at maturity of $1,000, at $983.90.\nIf you’re after the full security that a first lien note would offer, there are also a couple of good options. However, keep in mind that you will be paying an even greater premium for this security. Both,CUSIP:00165CAN4 and CUSIP:00165CAR5, have yield to maturity rates that are in the 6% range. The first of the two, CUSIP:00165CAN4, matures on April 15th, 2025 and has a yield to maturity rate of 7.905%. The second of the two expires the following year on April 24th, with a yield to maturity rate of 7.844%. Both are trading slightly above their price at maturity of $1,000, with CUSIP:00165CAN4 at $1072.50 and CUSIP:00165CAR5 at $1,054.90 and $1,060 respectively. Both bonds also have a coupon rate of 10.5%, paid semi-annually, representing a rather strong source of, consistent, secured income. Assuming the company doesn’t go bankrupt before the maturity dates, which is seeming incredibly unlikely at this point, the return on these bonds is rather attractive.\nSo, how did these incredibly attractive offerings even come to exist in the first place? Well, the CUSIP:00165CAP9 bond was issued in late 2020, a time where AMC was struggling tremendously and there weren’t any murmurs of a ‘meme stock’ rally on the horizon. At that point, a 12% coupon rate compounded semi-annually looked about the only way the company could convince creditors to loan money. CUSIP:00165CAN4 and CUSIP:00165CAR5, the two first lien notes, were also issued in mid- to late-2020 and, for the same reasons, were offered at attractive loaning figures to try and make up for the immense risk they carried. CUSIP:00165AAH1 was first offered in 2016, hence its lower coupon rate, but still shares one of the most important figures with the other loans -- a terrible rating. However, these ratings were given before AMC had been able to strengthen its cash position and no longer represent the company’s ability to make good on its debt payments. Even still, the low ratings keep the bonds out of mind for a majority of investing tools and, therefore, keep interest low. Additionally, the fact that AMC has performed better than expected in its past quarterly two earnings reports demonstrates that the Street still seems to be underestimating the pace of recovery. Hence, an opportunity is born.\nInvestor Takeaway\nBy no means is this article an endorsement of AMC’s stock. I rather agree with the general consensus here on Seeking Alpha that this is a company to stay away from. What I do want the reader to take away from this, however, is that I believe AMC’s cash position, although weak, is suitable to cover its debt obligations and that its high-yield bonds are now rather attractive because of this. While the security largely came at the price of heavy dilution, this isn’t really a concern as this investment thesis isn’t really concerned about the share price of AMC.\nThe first lien notes offer the safest investment option and, CUSIP:00165CAR5 in particular, should be a part of any play on AMC’s debt. CUSIP:00165CAN4 is likely the safest though, as it comes due a year before the majority of AMC’s existing debt, further lowering any bankruptcy concerns. I also rather like the CUSIP:00165CAP9 bond as a way to increase returns rather substantially through a bit more risk. While I still believe that the risk of defaulting is relatively low, compared to what it was, it still does exist and the moderate protection is nice to have. I feel that the risk to return ratio here, on second lien versus first lien, is worth it. What I don’t feel is worth it, is the CUSIP:00165AAH1 bond. With a low coupon rate, and a yield to maturity only slightly above that of the more secure second lien note, it offers a fair amount more risk with a negligibly improved payoff. It doesn’t hold the same advantage as the other bonds, as it wasn’t issued in the dire circumstances that AMC was facing in 2020.\nSince I began writing this article in mid-October, the yield of these bonds has already dropped by a notable margin. CUSIP:00165CAP9 (second lien note) for example, which currently has a YTM of 11.294%, had a YTM of 12.451% at the time. Now, CUSIP:00165AAH1 (unsecured) had a 12.811% YTM and CUSIP:00165CAR5 (first lien) had a YTM of 6.57%, which means that their returns have actually improved since then. Regardless, it seems that the bond market, in general, is starting to price in AMC’s recovery and investors may not have this opportunity for too much longer. The days of a 133.36% YTM from AMC’s unsecured debt are long gone, but the current returns aren't too bad.","news_type":1},"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877709535,"gmtCreate":1637978596008,"gmtModify":1637979352012,"author":{"id":"4099627780862330","authorId":"4099627780862330","name":"Adinn","avatar":"https://static.tigerbbs.com/c440367559652b7f45d7223115272455","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099627780862330","authorIdStr":"4099627780862330"},"themes":[],"htmlText":"Noted&nbsp;[得意]&nbsp;","listText":"Noted&nbsp;[得意]&nbsp;","text":"Noted [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877709535","repostId":"1119170686","repostType":4,"repost":{"id":"1119170686","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637764496,"share":"https://www.laohu8.com/m/news/1119170686?lang=&edition=full","pubTime":"2021-11-24 22:34","market":"us","language":"en","title":"Tesla shares fell nearly 4% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119170686","media":"Tiger Newspress","summary":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesd","content":"<p>Tesla&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/3e6d6b99ef0a0214b906fd11f3e70ceb\" tg-width=\"880\" tg-height=\"643\" width=\"100%\" height=\"auto\">Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.</p>\n<p>According to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.</p>\n<p>In all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares fell nearly 4% in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares fell nearly 4% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-24 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/3e6d6b99ef0a0214b906fd11f3e70ceb\" tg-width=\"880\" tg-height=\"643\" width=\"100%\" height=\"auto\">Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.</p>\n<p>According to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.</p>\n<p>In all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119170686","content_text":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.\nAccording to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.\nIn all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's Twitter poll decided he should sell 10% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}